Compare 2001 Dodge Ram Pickup 1500 Insurance Rates

Looking for the cheapest auto insurance rates for your Dodge Ram Pickup 1500? Saving money on Driversauto insurance is slightly frustrating for drivers who are new to online comparison shopping. With more and more insurers available, it can easily be a lot of work to find better rates.

It’s a good habit to get comparison quotes as often as possible because rates trend upward over time. Even if you think you had the best rate on Ram pickup coverage last year the chances are good that you can find a lower price today. Don’t believe everything you read about auto insurance online but we’re going to give you some guaranteed methods to lower your auto insurance bill.

Buying car insurance is quite easy. Basically, every driver who shops for car insurance will more than likely be able to cut their insurance bill. Nevertheless, car owners need to learn how companies market on the web and apply this information to your search.

Don’t overlook these insurance discounts

Companies don’t necessarily list all possible discounts very well, so here is a list a few of the more well known and also the more inconspicuous ways to save on insurance.

  • Own a Home – Simply owning a home can earn you a little savings because owning a home shows financial diligence.
  • ABS Brakes – Cars that have steering control and anti-lock brakes can stop better under adverse conditions and will save you 10% or more.
  • Safety Restraint Discount – Buckling up and requiring all passengers to buckle up can save up to 15% on the premium charged for medical payments and/or PIP.
  • Safe Driver Discount – Drivers who avoid accidents could pay up to 40% less on Ram pickup coverage than drivers with accident claims.
  • Early Payment Discounts – By paying your entire bill at once instead of making monthly payments you can avoid the installment charge.
  • Accident Free – Good drivers with no accidents pay much less as compared to insureds who have frequent claims or accidents.
  • Accident Forgiveness – Not a discount per se, but some companies like Allstate and GEICO permit an accident without raising rates as long as you don’t have any claims before the accident.
  • Resident Student – College-age children living away from home attending college and leave their car at home can receive lower rates.
  • Savings for New Vehicles – Buying insurance on a new vehicle can save up to 30% because new model year vehicles keep occupants safer.

Policy discounts save money, but most credits do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as comprehensive or collision. So when it seems like you could get a free insurance policy, that’s just not realistic.

A few companies who might offer many of the previously listed discounts may include but are not limited to:

Before buying, ask each company which discounts you qualify for. Savings might not apply in your area. To see insurers with the best discounts, click here.

Why your insurance costs might be higher

Many things are considered when premium rates are determined. Some of the criteria are obvious like an MVR report, but others are not as apparent like where you live or how financially stable you are.It’s important that you understand some of the things that go into determining the level of your policy premiums. If you know what controls the rates you pay, this allows you to make educated decisions that may result in big savings.

  • Cheaper insurance rates for prior coverage – Allowing your insurance policy to lapse is a fast way to pay more for insurance. Not only will you pay more, not being able to provide proof of insurance can result in a revoked license or a big fine.
  • Annual miles impacts premiums – Driving a lot of miles each year the more you’ll pay to insure your vehicle. Most insurance companies price each vehicle’s coverage based on their usage. Cars not used for work or commuting receive better premium rates than those that get driven frequently. Verify your vehicle rating properly reflects how each vehicle is driven, because it can save money. Incorrect rating for your Ram Pickup 1500 is just wasting money.
  • Deter theft and pay less – Driving a car that has an advanced theft prevention system can save you a little every year. Theft prevention devices such as OnStar, LoJack tracking, and tamper alarms can help prevent auto theft.
  • Teenage vs. mature drivers – Teenage drivers have been known to be less responsible when driving with friends so they pay higher insurance rates. Having to add a teen driver to your insurance policy can break the bank. Mature drivers are more responsible, are lower risk to insure and are safer drivers.
  • Drive a safer car and pay less – Cars with five star safety ratings can get you lower premiums. The safest vehicles protect occupants better and fewer injuries translates directly to fewer claims which can result in lower premiums.
  • Better drivers pay the best costs – Drivers who don’t get tickets receive lower rates as compared to careless drivers. Having just one speeding ticket can increase rates forty percent or more. Drivers unfortunate enough to have serious violations like DUI or willful reckless driving are required to prove financial responsibility with their state motor vehicle department in order to continue driving.
  • Raise deductibles and save – Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your Dodge from damage. Some examples of claims that would be covered would be a broken side mirror, vandalism, and windstorm damage. Deductibles for physical damage tell how much you are required to spend if the claim is covered. The more money the insured is willing to pay, the lower your rates will be on Ram pickup coverage.

When to get professional advice

When it comes to choosing proper insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Each situation is unique.

For example, these questions can help discover if your insurance needs would benefit from an agent’s advice.

  • Is business equipment covered while in my vehicle?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I have coverage when using my vehicle for my home business?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Am I covered if hit by an uninsured driver?
  • What is no-fault insurance?
  • Why am I required to get a high-risk car insurance policy?
  • Do I need rental car coverage?
  • Do I get a pro-rated refund if I cancel my policy early?
  • When would I need additional glass coverage?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form.

Well known brands might not be cheapest

Well-known insurance coverage companies like Allstate, GEICO and Progressive endlessly run ads on television and other media. All the companies advertise the message that people will save just by moving your policy. But how can every company offer drivers better rates? You have to listen carefully.

Most companies can use profiling for the type of driver that will not have excessive claims. An example of a driver they prefer might have to be between 30 and 50, has other policies, and the vehicle is rated for pleasure use. Any customer that fits those parameters will get the preferred prices and most likely will save when they switch companies.

Consumers who are not a match for the requirements may be required to pay more expensive rates and the customer not buying. The ads state “customers who switch” not “everyone who quotes” save that much. That’s the way companies can truthfully lure you into getting a quote. This really drives home the point why you absolutely need to do a rate comparison at every renewal. It is impossible to predict with any certainty which company will give you lower prices than your current company.

Car insurance 101

Learning about specific coverages of your policy can be of help when determining appropriate coverage for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as doctor visits, EMT expenses and dental work. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers you and your occupants and also covers being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, vandalism, theft, damage from getting keyed and damage from flooding. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverages – This covers damage to your Ram Pickup 1500 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 can pay for things such as hitting a mailbox, rolling your car, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage – This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2001 Dodge Ram Pickup 1500.

Because many people carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Liability car insurance – Liability insurance provides protection from damage or injury you incur to people or other property. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims such as emergency aid, attorney fees, repair costs for stationary objects, bail bonds and medical services. How much coverage you buy is your choice, but buy as large an amount as possible.

Be a money saver!

Drivers who switch companies do it for a number of reasons such as not issuing a premium refund, denial of a claim, high prices and lack of trust in their agent. It doesn’t matter what your reason, choosing a new insurance company is easier than you think.

In this article, we presented quite a bit of information on how to save on 2001 Dodge Ram Pickup 1500 insurance. The key concept to understand is the more price quotes you have, the better your comparison will be. You may even find the biggest savings come from the least-expected company.

As you shop your coverage around, it’s not a good idea to buy less coverage just to save a little money. There are a lot of situations where drivers have reduced comprehensive coverage or liability limits only to discover later they didn’t purchase enough coverage. Your strategy should be to purchase a proper amount of coverage for the lowest cost.

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