Compare 2002 Dodge Ram Pickup 2500 Car Insurance Quotes

Paying for high-priced Dodge Ram Pickup 2500 insurance can bleed your savings and maybe even restrict other spending. Shopping your coverage around is an excellent way to cut your insurance bill.

There is such a variety of car insurance companies to buy insurance from, and though it is a good thing to have a selection, more options can take longer to find the best rates for your vehicles.

Finding the best rates is easy if you know what you’re doing. If you have a policy now or are just looking to switch companies, you will benefit by learning to find the best rates and still get good coverage. Drivers only need to know the most effective way to shop for insurance coverage online.

Insurance premium influencing factors

An important part of buying insurance is that you know the rating factors that are used to determine car insurance rates. When you understand what influences your rates, this enables you to make decisions that may reward you with lower rates. Lots of factors are used when you get a price on insurance. Some are obvious such as traffic violations, but other factors are more obscure like your vehicle usage or your vehicle rating.

The factors shown below are most of the major factors used by your company to calculate your prices.

  • Allowing your car insurance to lapse raises car insurance rates – Driving without insurance coverage in place can get your license suspended and any future policy may cost more because you let your insurance coverage expire. In addition to paying higher premiums, being ticketed for driving with no insurance could earn you fines or a revoked license.
  • Big cities have higher costs – Being located in less populated areas can be a good thing if you are looking for the lowest rates. Drivers in populated areas have more aggressive driving styles and more time behind the wheel. Less people living in that area means fewer accidents in addition to fewer liability claims.
  • Low coverage deductibles can be expensive – Comp and collision deductibles are the amount of money the insured will be required to pay in the event of a claim. Insurance for physical damage to your car, also called comprehensive and collision insurance, covers damage that occurs to your car. Some coverage claims are rearending another vehicle, hail damage, and having a roll-over accident. The higher the amount you’re willing to pay, the better rate you will receive for Ram pickup coverage.
  • Lower annual miles equals lower premium – The higher the miles on your Dodge each year the more you’ll pay to insure it. A lot of insurance companies apply a rate partially by how you use the vehicle. Cars and trucks that do not get driven very much cost less to insure than cars that get driven a lot. An incorrectly rated Ram Pickup 2500 may be costing you. It’s a smart idea to ensure your vehicle rating states the correct usage for each vehicle.
  • Gender and auto insurance prices – The statistics show that females take fewer risks when driving. Now that doesn’t mean males are worse at driving than females. Women and men have at-fault accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Not only that, but men also get higher numbers of serious violations like reckless driving and DUI. Teenage male drivers are several times more likely to be in an accident and therefore pay the highest rates.
  • Having a spouse can lower costs – Walking down the aisle may cut your premiums when buying car insurance. It means you’re more mature and statistics prove being married results in fewer claims.

Affordable insurance coverage quotes with discounts

Some providers don’t always list their entire list of discounts in a way that’s easy to find, so the following list contains some of the best known and also the more inconspicuous savings tricks you should be using when you buy insurance online. If you check and find you aren’t receiving every discount possible, you are not getting the best rate possible.

  • Auto/Home Discount – If you have multiple policies and place coverage with the same company you could save over 10 percent off each policy depending on the company.
  • Claim Free – Drivers with accident-free driving histories pay much less as opposed to drivers with a long claim history.
  • Air Bags and Passive Restraints – Factory options such as air bags could see savings of more than 20%.
  • Defensive Driver Discount – Taking part in a driver safety class may get you a small discount and also improve your driving technique.
  • Distant Student Discount – Youth drivers who attend college more than 100 miles from home and leave their car at home could qualify for this discount.
  • Discount for New Cars – Adding a new car to your policy is cheaper because newer vehicles keep occupants safer.

It’s important to understand that most discounts do not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

For a list of companies with discount rates, click this link.

Tailor your insurance coverage to you

When it comes to buying adequate coverage for your vehicles, there really is not a one size fits all plan. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions may help highlight whether your personal situation would benefit from an agent’s advice.

  • Does my insurance cover my expensive audio equipment?
  • What can I do if my company won’t pay a claim?
  • Do I have newly-aquired coverage?
  • Am I covered when delivering products for my home-based business?
  • Are my tools covered if they get stolen from my vehicle?
  • What is the difference between comprehensive and collision coverage?
  • What is medical payments coverage?
  • Do I have coverage when using my vehicle for my home business?
  • When should I buy a commercial auto policy?
  • How can I find cheaper teen driver insurance?

If you’re not sure about those questions then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area. It only takes a few minutes and may give you better protection.

Coverages available on your policy

Learning about specific coverages of your policy can help you determine the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverages offered by insurance companies.

Comprehensive (Other than Collision)

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from getting keyed, falling objects, rock chips in glass and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as damage to your Dodge Ram Pickup 2500.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision coverage

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

Collision insurance covers claims such as rolling your car, sideswiping another vehicle and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like hospital visits, X-ray expenses and dental work. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants and will also cover getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Liability coverage

Liability coverage will cover injuries or damage you cause to a person or their property that is your fault. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things like court costs, bail bonds, funeral expenses, medical expenses and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Online plus local equals savings

The cheapest 2002 Dodge Ram Pickup 2500 insurance is possible from both online companies in addition to local insurance agencies, so you should be comparing quotes from both to have the best rate selection. A few companies do not offer rate quotes online and many times these smaller providers provide coverage only through local independent agencies.

We covered many tips how you can reduce 2002 Dodge Ram Pickup 2500 insurance car insurance rates online. The key concept to understand is the more times you quote, the better your comparison will be. Drivers may discover the lowest car insurance rates are with a company that doesn’t do a lot of advertising. Smaller companies can often provide lower premium rates in certain areas than the large multi-state companies such as Allstate and Progressive.

More detailed auto insurance information can be read at these sites: