Cheaper 2008 Dodge Ram Pickup 1500 Car Insurance Rates

Saving money on car insurance can be hard for consumers new to comparing rates online. People have so many companies to choose from that it can easily become a real challenge to find the best price.

Dodge Ram Pickup 1500 insurance rates consist of many parts

Consumers need to have an understanding of the rating factors that help determine auto insurance rates. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that may reward you with big savings.

  • Drive a safer car and pay less – Cars with high safety ratings get lower rates. Safer cars reduce injuries and lower injury rates means lower claim amounts passed on to you as lower rates. If your Dodge Ram Pickup 1500 scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • One company can mean more discounts – Many insurance companies will award you with lower prices to customers who carry more than one policy in the form of a multi-policy discount. Even though this discount sounds good, it’s still a good idea to comparison shop to confirm you are receiving the best rates possible. You may still find better rates by buying insurance from more than one company.
  • Keep rates low by being claim-free – Insurance companies award lower rates to policyholders who file claims infrequently. If you tend to file frequent claims, you can definitely plan on either a policy non-renewal or much higher rates. Insurance coverage is designed for larger claims.
  • Don’t cancel a policy without a new one in place – Not having insurance is illegal and auto insurance companies will penalize you for letting your insurance expire. And not only will insurance be more expensive, getting caught without coverage can result in a steep fine or even jail time.You may have to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.

Companies offer discounts so take them!

Insuring your vehicles can cost a lot, but you can get discounts to cut the cost considerably. Larger premium reductions will be automatically applied at the time of quoting, but lesser-known reductions have to be asked for in order for you to get them.

  • Good Student – A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes prevent accidents and therefore earn up to a 10% discount.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you may save approximately 10% to 15%.
  • Discount for Life Insurance – Companies who offer life insurance give a discount if you purchase life insurance.
  • Own a Home – Simply owning a home may trigger a auto insurance policy discount because owning a home requires personal responsibility.
  • Discount for New Cars – Insuring a new car can cost up to 25% less due to better safety requirements for new cars.
  • Federal Employees – Being employed by or retired from a federal job could cut as much as 10% off on Ram pickup coverage depending on your company.

It’s important to understand that many deductions do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as liability and collision coverage. So even though they make it sound like it’s possible to get free car insurance, it just doesn’t work that way. But all discounts will reduce the cost of coverage.

Insurance companies that may have these money-saving discounts may include but are not limited to:

Double check with every prospective company which discounts they offer. Discounts may not apply in your state.

Do you really save 40% when you switch?

State Farm, Geico and Progressive constantly bombard you with ads on TV and radio. All the companies make an identical promise of big savings if you switch to them. How does each company say the same thing? This is how they do it.

Different companies have a certain “appetite” for the type of customer that is profitable for them. An example of a desirable insured could possibly be between the ages of 30 and 50, a clean driving record, and has excellent credit. Any driver that hits that “sweet spot” will get very good rates and is almost guaranteed to save when switching.

Drivers who are not a match for this ideal profile will have to pay higher prices which leads to business not being written. Company advertisements say “drivers who switch” not “everyone that quotes” save that much money. That’s the way companies can truthfully claim big savings.

Because of the profiling, you need to compare as many rates as you can. It is impossible to predict which auto insurance company will provide you with the cheapest Dodge Ram Pickup 1500 insurance rates.

Do I just need basic coverages?

When it comes to choosing the right insurance coverage, there is no single plan that fits everyone. Every insured’s situation is different.

Here are some questions about coverages that might point out whether you might need an agent’s assistance.

  • How can I force my company to pay a claim?
  • Do I pay less if my vehicle is kept in my garage?
  • I have a DUI can I still get coverage?
  • Are my friends covered when driving my car?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Should I drop comprehensive coverage on older vehicles?
  • Does medical payments coverage apply to all occupants?
  • What should my uninsured motorist coverage limits be in my state?
  • Is a fancy paint job covered?
  • Do I need higher collision deductibles?

If you can’t answer these questions, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form.

Parts of your insurance policy

Knowing the specifics of your insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Liability coverages

Liability coverage can cover damage or injury you incur to a person or their property by causing an accident. It protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like attorney fees, repair costs for stationary objects, repair bills for other people’s vehicles, legal defense fees and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford.

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as backing into a parked car, hitting a parking meter, scraping a guard rail, rolling your car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like damage from flooding, theft, rock chips in glass, hail damage and fire damage. The most a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

UM/UIM Coverage

This protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your 2008 Dodge Ram Pickup 1500.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for bills like doctor visits, chiropractic care and EMT expenses. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover you and your occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Be a penny pincher

Lower-priced 2008 Dodge Ram Pickup 1500 insurance is definitely available on the web as well as from independent agents, so compare prices from both to have the best rate selection. Some insurance providers don’t offer online quoting and most of the time these small, regional companies sell through independent agents.

In this article, we presented some good ideas how to shop for insurance online. It’s most important to understand that the more price quotes you have, the higher the chance of saving money. You may even find the lowest priced insurance comes from the least-expected company.

Consumers leave their current company for any number of reasons including being labeled a high risk driver, policy cancellation, an unsatisfactory settlement offer or even high prices. Whatever your reason, finding the right insurance provider is less work than it seems.

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