1992 Dodge RAM 350 Insurance Cost

Trying to find the cheapest insurance coverage rates for your Dodge RAM 350? Searching for the cheapest insurance for a Dodge RAM 350 can be difficult, but you can learn the following methods to find lower rates.

There are both good and bad ways to buy insurance coverage so we’re going to tell you the best way to price shop coverage on a Dodge and get the best price possible either online or from local insurance agents.

How to buy insurance coverage online

Finding a better price on insurance coverage is not rocket science. Consumers just need to take the time comparing price quotes online with multiple companies. This can easily be done using one of these methods.

  1. The fastest way to get the best comparison quotes is a comparison rater form (click to open form in new window). This form keeps you from doing separate quote forms for each price estimate. One form submission will get you rate comparisons instantly. This is by far the quickest method.
  2. Another way to get quotes online requires you to visit each company website and fill out their own quote form. For instance, let’s assume you want to view quotes from State Farm, Liberty Mutual and GEICO. To do that, you would have to spend time going to each site individually and repeatedly enter your information, which can take a lot of time. For a handy list of car insurance company links in your area, click here.

Compare rates however you want, just compare the same quote information on every quote you get. If you enter different coverage information then you won’t be able to truly determine the lowest rate.

You may qualify for discounts

Auto insurance is not cheap nor is it fun to buy but there could be significant discounts that can drop the cost substantially. A few discounts will automatically apply at the time of quoting, but a few must be manually applied before you get the savings.

  • Discounts for New Vehicles – Insuring a new car can save up to 30% because newer models are generally safer.
  • Government Employees – Being employed by or retired from a federal job could provide a small rate reduction on RAM 350 coverage depending on your company.
  • Accident Forgiveness Coverage – This one is not really a discount per se, but companies like GEICO and Liberty Mutual will let one accident slide without the usual rate increase so long as you are claim-free before the accident.
  • Use Seat Belts – Drivers who require all occupants to buckle up can save 10% or more off PIP or medical payments premium.
  • Theft Deterent System – Cars optioned with advanced anti-theft systems are stolen with less frequency so companies will give you a small discount.
  • Defensive Driving Course – Taking time to complete a course in safe driver can save you 5% or more if your company offers it.

Don’t be shocked that most discount credits are not given to the entire cost. Most only cut the cost of specific coverages such as medical payments or collision. So even though it sounds like you could get a free auto insurance policy, companies wouldn’t make money that way.

To choose companies that offer many of these discounts, click here.

There’s no such thing as the perfect auto insurance policy

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is a little different.

These are some specific questions can aid in determining if your insurance needs could use an agent’s help.

  • Does insurance cover tools stolen from my truck?
  • Is my state a no-fault state?
  • If I drive on a suspended license am I covered?
  • Where can I get insurance after a DUI in my state?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • What are the best liability limits?
  • Should I waive the damage coverage when renting a car?
  • Do I need rental car coverage?
  • Does liability extend to a camper or trailer?
  • Should I file a claim if it’s only slightly more than my deductible?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and can provide invaluable advice.

Dodge RAM 350 insurance rate factors

Lots of things are part of the equation when premium rates are determined. Some are pretty understandable like an MVR report, although some other factors are less obvious like your vehicle usage or your commute time.

The items below are some of the most common factors that factor into your premiums.

  • Safer vehicles save money – Safe vehicles cost less to insure. Vehicles built for safety protect occupants better and fewer injuries translates into savings for insurance companies which can result in lower premiums. If your Dodge RAM 350 scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
  • A lcar insurance policy lapse is a bad thing – Having a gap between insurance policy dates will be a quick way to drive up your policy premiums. Not only will you pay more, the inability to provide proof of insurance may earn you a revoked license or a big fine. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
  • Low stress occupation equals lower car insurance rates – Do you work in a high-stress field? Careers like lawyerspolice officers and stock brokers generally have higher rates than average in part from intense work-related stress and lots of time spent away from family. On the other hand, jobs such as professors, athletes and homemakers generally pay rates lower than average on RAM 350 coverage.
  • Can a thief steal your car? – Owning a car with a theft deterrent system can save you some money. Theft deterrent systems such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent car theft and help bring rates down.
  • Cautious drivers pay better costs – Having just one speeding ticket could increase your next policy renewal by as much as thirty percent. Drivers who don’t get tickets pay less for auto insurance as compared to those with violations. Drivers who have gotten serious tickets like reckless driving, hit and run or driving under the influence may find that they have to to submit a SR-22 form with their state’s department of motor vehicles in order to keep their license.
  • Use one insurance company and save – Some insurers give better rates for people who buy several policies from them. It’s known as a multi-policy discount. The discount can be ten or even fifteen percent. Even though this discount sounds good, drivers will still want to get quotes from other companies to verify if the discount is saving money. Drivers may still save more without the discount even if you have your coverage with different companies
  • Your address can affect price – Residing in small towns and rural areas has it’s advantages when talking about car insurance. People in densly populated areas have much more traffic and longer commutes to work. Fewer drivers translates into fewer accidents.

Advertising myths

Consumers can’t get away from all the ads for auto insurance savings from companies such as Progressive, Allstate and GEICO. All the companies advertise claims of big savings if you switch your coverage to them.

How can each company offer you a better deal? This is how they do it.

Most companies quote the lowest rates for the type of customer that will most likely be profitable. A good example of this type of driver might be described as a married female, has no prior claims, and has excellent credit. Any new insured who fits that profile receive the lowest rate quotes and is almost guaranteed to save a lot of money.

Potential insureds who don’t meet these stringent criteria will probably be forced to pay higher premium rates which translates to the driver buying from a lower-cost company. If you listen closely, the ads state “drivers that switch” not “everybody who quotes” save that much. That’s why companies can advertise the savings.

Because each company has a different risk profile, you need to compare rate quotes every year. It is impossible to guess the company that will have the best rates.

Auto insurance policy specifics

Knowing the specifics of your policy helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive insurance

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as hitting a bird, theft, hail damage and rock chips in glass. The maximum payout a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for immediate expenses like doctor visits, hospital visits, EMT expenses and ambulance fees. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Dodge RAM 350.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Coverage for collisions

This coverage will pay to fix damage to your RAM 350 resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like rolling your car, scraping a guard rail, hitting a parking meter, colliding with another moving vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Auto liability

This protects you from injuries or damage you cause to people or other property. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as pain and suffering, court costs and legal defense fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase higher limits if possible.

Take this to the bank

There are still a few companies who may not provide price quotes online and these regional carriers prefer to sell through independent agents. Cost effective 1992 Dodge RAM 350 insurance is attainable both online in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates.

As you prepare to switch companies, you should never buy poor coverage just to save money. In many instances, someone dropped physical damage coverage and learned later that they should have had better coverage. Your goal is to buy the best coverage you can find at a price you can afford.

We covered a lot of tips how to lower your 1992 Dodge RAM 350 insurance premium rates. The key thing to remember is the more times you quote, the better your chances of lowering your prices. Consumers may even find the lowest priced insurance coverage comes from a small local company.

More detailed insurance coverage information is available at these sites: