Lower Your 2001 Dodge Ram Pickup 1500 Car Insurance Rates

Searching for lower insurance coverage rates for your Dodge Ram Pickup 1500? Did you come to the realization that you have an expensive insurance coverage policy? It’s a common feeling and you are not the only one feeling buyer’s remorse. Lots of auto insurance companies contend for your hard-earned dollar, and because of this it can be hard to compare insurance companies and get the definite best rate

Why smart buyers pay less for Dodge Ram Pickup 1500 insurance

It’s important that you understand the different types of things that play a part in calculating your insurance coverage rates. If you have a feel for what controls the rates you pay, this helps enable you to make changes that can earn you big savings.

  • High credit rating translates to low prices – Having a good credit score can be an important factor in determining what you pay for insurance coverage. So if your credit score is not that good, you may save money insuring your 2001 Dodge Ram Pickup 1500 by repairing your credit. Consumers who have excellent credit scores tend to be better risks to insure as compared to drivers with lower credit ratings.
  • Safer cars are cheaper to insure – Safe vehicles tend to have lower insurance rates. Vehicles built for safety reduce injuries and lower injury rates means your insurance company pays less which can result in lower premiums.
  • Reserve policy claims for larger damages – If you file a lot of claims you can look forward to higher rates. Insurance companies give better rates to insureds who are claim-free. Auto insurance is meant to be used in the event of claims that you cannot pay yourself.
  • Marriage equates to better premiums – Getting married may earn you lower rates on your insurance coverage policy. Having a spouse may mean you are less irresponsible and it’s statistically proven that being married results in fewer claims.
  • Lower stress equals lower insurance coverage rates – Occupational choices like real estate brokers, architects and miners usually pay higher premiums than the average policyholder due to high stress and incredibly demanding work hours. Other occupations like scientists, students and performers receive lower rates for Ram pickup coverage.
  • Where you call home plays a part – Choosing to live in a small town is a positive aspect when trying to find low car insurance rates. People who live in big cities have to deal with congested traffic and a longer drive to work. Lower population means less chance of accidents and also fewer theft and vandalism claims.
  • Bundle policies to earn discounts – Most insurance companies give discounts to policyholders who carry more than one policy, otherwise known as a multi-policy discount. Even with this discount, you still need to compare other insurance prices to guarantee you are still saving the most.
  • Never let your insurance coverage policy lapse – Driving without insurance coverage in place can get your license suspended and any future policy may cost more because you let your coverage cancel without a new policy in place. In addition to paying higher premiums, not being able to provide proof of insurance could result in a license revocation or jail time. You may then have to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.

Use discounts to get cheaper insurance quotes

Properly insuring your vehicles can get expensive, but you might be missing out on some discounts that many consumers don’t even know exist. Larger premium reductions will be automatically applied at the time you complete a quote, but occassionally some discounts must be specifically requested prior to receiving the credit.

  • Theft Prevention Discount – Vehicles that have factory anti-theft systems can help prevent theft and that can save you a little bit as well.
  • Homeowners Savings – Just owning your own home may earn you a small savings since owning and maintaining a home is proof of financial responsibility.
  • Multi-car Discount – Drivers who insure several vehicles on one policy could earn a price break for each car.
  • One Accident Forgiven – This one is not really a discount per se, but a few companies such as Allstate and State Farm will turn a blind eye to one accident before they charge you more for coverage if you have no claims for a particular time prior to the accident.
  • Clubs and Organizations – Joining a civic or occupational organization is a good way to get lower rates when getting a car insurance quote.
  • Discount for Life Insurance – Not all insurance companies offer life insurance, but some may give you a lower premium rate if you buy a life insurance policy as well.

Just know that some credits don’t apply to the overall cost of the policy. Most only reduce individual premiums such as collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts should definitely cut the amount you pay for coverage.

To find insurers with significant discounts, follow this link.

Tailor your insurance coverage coverage to you

When buying proper insurance coverage, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that can aid in determining whether or not you could use an agent’s help.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is my 2001 Dodge Ram Pickup 1500 covered for flood damage?
  • Do I need replacement cost coverage on my 2001 Dodge Ram Pickup 1500?
  • How high should my uninsured/underinsured coverage be in my state?
  • Can my babysitter drive my car?
  • Does coverage extend to Mexico or Canada?
  • If my pet gets injured in an accident are they covered?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and can help protect your family.

Detailed coverages of your auto insurance policy

Understanding the coverages of your auto insurance policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages offered by auto insurance companies.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 2001 Dodge Ram Pickup 1500.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Liability coverage

This coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things such as funeral expenses, medical services, legal defense fees and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things like rock chips in glass, a broken windshield, hitting a deer and hitting a bird. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage pays for damage to your Ram Pickup 1500 caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a mailbox, driving through your garage door, colliding with a tree and rolling your car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like X-ray expenses, pain medications, ambulance fees, hospital visits and dental work. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Pennies from heaven

As you go through the steps to switch your coverage, do not skimp on coverage in order to save money. In too many instances, someone sacrificed liability coverage limits and discovered at claim time that they should have had better coverage. Your aim should be to purchase plenty of coverage at the best price while still protecting your assets.

Affordable 2001 Dodge Ram Pickup 1500 insurance can be purchased on the web as well as from independent agents, so you need to quote car insurance with both so you have a total pricing picture. Some insurance coverage companies do not offer rates over the internet and usually these small insurance companies provide coverage only through local independent agents.

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