2007 Dodge Ram Pickup 3500 Insurance Cost

Locating the cheapest auto insurance may be intimidating for drivers new to shopping for insurance on the internet. With so many insurance agents and online companies, how can drivers effectively compare every auto insurance company to find better auto insurance prices?

It’s important to compare premium rates occasionally due to the fact that insurance prices are adjusted regularly by insurance companies. If you had the best rates for Ram pickup insurance two years ago you will most likely find a better rate quote today. You can search a lot of auto insurance online, but I’m going to show you some great ideas on how to lower your auto insurance rates.

Compare insurance coverage price quotes online

When looking for cheaper auto insurance quotes, there are a couple ways to compare quotes from many insurance coverage companies in your state. By far the easiest way to comparison shop is to use the internet to compare rates. This can be accomplished in a couple minutes as outlined below.

  1. The best way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This type of form saves time by eliminating separate quotes for every insurance coverage company. One form submission gets you coverage quotes from several companies.It’s the quickest way to get rates.
  2. A harder way to get comparison quotes is to manually visit each individual company website and repeat the quote process again and again. For sake of this example, we’ll assume you want to view quotes from Nationwide, Geico and GMAC. To get rate quotes you would need to spend time on each company’s site to enter your coverage information, and that’s why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

  3. The least efficient way to find and compare rates is to waste gas driving to local insurance agencies. Comparing rates online makes this process obsolete unless your situation requires the peace of mind that only an agent can give. Although, it is possible find lower rates online but have a local agent actually write the policy.

Take whichever approach you prefer, but make sure you are using equivalent coverages for every quote you compare. If you compare differing limits it’s impossible to determine the lowest rate for your Dodge Ram Pickup 3500. Slightly different insurance coverages could mean much higher rates. And when quoting insurance coverage, remember that comparing a large number of companies will increase your chances of finding the best price. Not every company allows you to get online price quotes, so you should also compare price quotes from them as well.

Lower rate quotes with discounts

Companies don’t always advertise all disounts very well, so we break down some of the more common and the more hidden discounts that you may qualify for.

  • Discounts for Multiple Vehicles – Drivers who insure several vehicles with the same company qualifies for this discount.
  • Anti-lock Brakes – Cars with ABS braking systems or traction control can stop better under adverse conditions and earn discounts up to 10%.
  • Theft Deterent System – Cars and trucks that have factory anti-theft systems have a lower chance of being stolen and will save you 10% or more.
  • Distant Student Discount – Children living away from home attending college and don’t have a car can receive lower rates.
  • Early Payment Discounts – If you can afford to pay the entire bill instead of making monthly payments you may have a lower total premium amount.
  • Life Insurance – Select insurance companies reward you with a discounted premium rate on car insurance if you buy life insurance from them.
  • Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education as it will make them better drivers and lower rates.
  • Waiver for an Accident – Not necessarily a discount, but a handful of insurance companies will forgive one accident before raising your premiums if you are claim-free before the accident.

Policy discounts save money, but most discount credits are not given to your bottom line cost. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So even though you would think having all the discounts means you get insurance for free, companies don’t profit that way.

A partial list of companies that may offer most of the discounts above are:

Before you buy a policy, ask every company to apply every possible discount. Depending on the company, some discounts may not apply to policyholders in your area. To see insurance companies with discount rates, click this link.

How insurance providers calculate Dodge Ram Pickup 3500 insurance rates

It’s important that you understand the rating factors that aid in calculating your premiums. If you understand what determines premiums, this enables you to make decisions that can help you get big savings.

  • Cars with good safety ratings save money – Cars with high safety ratings tend to be cheaper to insure. Vehicles engineered for safety have better occupant injury protection and fewer injuries translates directly to fewer claims and lower rates for you. If the Dodge Ram Pickup 3500 scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Guys pay more for insurance – The statistics show that females tend to be a little less risky than males. The data does not necessarily mean that males are worse at driving than females. Women and men cause auto accidents at about the same rate, but men cause more damage. Men also have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly. Young males generally have the highest accident percentage and therefore pay the highest rates.
  • Where you reside – Living in areas with lower population can save you money when buying auto insurance. Residents of big cities have more auto accidents and more severe claims. Fewer drivers on the road translates into fewer accidents and also fewer theft and vandalism claims.
  • Deter car thieves – Purchasing a vehicle that has an advanced theft prevention system can earn a premium discount. Advanced theft deterrents like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent car theft and help bring rates down.
  • Raise your physical damage deductibles for better rates – Your deductibles tell how much you are required to spend out-of-pocket if the claim is covered. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Examples of covered claims are colliding with a stationary object, fire damage, and damage caused by road hazards. The more of the claim you’re willing to pay, the less your company will charge you for insurance for Ram pickup insurance.
  • Never have auto insurance policy lapses – Having a lapse in insurance coverage is a sure-fire way to pay more for auto insurance. Not only will rates go up, failure to provide proof of insurance may result in a fine, jail time, or a revoked license.

What is the best auto insurance coverage?

When buying proper insurance coverage, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that could help you determine whether you would benefit from professional advice.

  • Do I need medical payments coverage since I have good health insurance?
  • Can I make deliveries for my home business?
  • Do I need special endorsements for business use of my vehicle?
  • What is the difference between comprehensive and collision coverage?
  • At what point should I drop full coverage?
  • What is the minimum liability in my state?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an agent. To find lower rates from a local agent, complete this form.

Auto insurance advertisements

Respected companies like Progressive, Allstate and Geico endlessly run ads on television and other media. All the ads try to convey promises that drivers will save a bundle if you change your policy. That’s great but how can every company make almost identical claims? You have to listen carefully.

Most companies give the cheapest rates for a prospective insured that is profitable for them. For example, a profitable insured may need to be over the age of 35, has no driving citations, and drives less than 10,000 miles a year. Any customer that matches those criteria will get low prices as well as save a lot of money.

Potential insureds who don’t measure up to these criteria may be forced to pay a higher rate which usually ends up with the prospect going elsewhere. If you pay attention, the ads say “customers who switch” not “everybody who quotes” save that much when switching. That is how insurance companies can make those statements. This really drives home the point why it’s extremely important to do a rate comparison at every renewal. It is impossible to guess which auto insurance company will have the best car insurance rates for your profile.

Car insurance coverage specifics

Learning about specific coverages of car insurance can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Collision coverages – This pays for damage to your Ram Pickup 3500 from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as scraping a guard rail, damaging your car on a curb and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as damage to your Dodge Ram Pickup 3500.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for expenses for funeral costs, X-ray expenses, surgery and doctor visits. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Coverage for liability – This provides protection from damages or injuries you inflict on other people or property. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things such as court costs, repair costs for stationary objects and loss of income. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

Comprehensive insurance – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as rock chips in glass, hitting a bird, a tree branch falling on your vehicle and damage from flooding. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Summing up your insurance coverage search

As you shop your coverage around, do not reduce needed coverages to save money. There have been many cases where an insured dropped uninsured motorist or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal should be to buy enough coverage at a price you can afford.

Some insurance coverage companies may not have online price quotes regional insurance providers only sell coverage through independent agents. Cheaper insurance coverage can be found on the web as well as from insurance agents, and you need to comparison shop both to have the best rate selection.

Insureds leave their current company for any number of reasons including policy non-renewal, denial of a claim, high rates after DUI convictions or even extreme rates for teen drivers. It doesn’t matter why you want to switch choosing a new company is easier than you think.

Additional insurance coverage information can be found at the links below