Cheap 1994 Dodge Ram Pickup 2500 Insurance Rates

Looking for lower insurance coverage rates for your Dodge Ram Pickup 2500? Did you fall for a flashy sales pitch and buy overpriced insurance coverage? Believe me when I say you’re not the only one. Many auto insurance companies compete for your insurance dollar, so it’s not easy to compare every insurance company and get the definite best price available.

Dodge Ram Pickup 2500 rates influenced by many factors

Consumers need to have an understanding of the factors that help determine your insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that will entitle you to better insurance rates.

The following are a partial list of the pieces that factor into prices.

  • Lower rates with optional equipment – Purchasing a vehicle with an alarm system can help bring down rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping your car from being stolen.
  • Never let your coverage lapse – Allowing your coverage to lapse will be a guaranteed way to pay more for insurance. And not only will your rates increase, getting caught without coverage may earn you a revoked license or a big fine.You may have to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
  • Lower rates come with age – Teen drivers are known to be more careless when behind the wheel so they pay higher insurance rates. Older insureds are viewed as being more responsible, statistically cause fewer accidents and tend to be better behind the wheel.
  • Low deductibles can be expensive – Physical damage deductibles represent how much money you are required to spend before a claim is paid by your company. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some examples of claims that would be covered would be colliding with a building, damage caused by hail, or theft. The more expense the insured has to pay upfront, the less your company will charge you for insurance for Ram pickup insurance.
  • Liability coverage is peace of mind – Liability coverage provides coverage if ever you are found liable for causing damage or personal injury in an accident. Liability insurance provides for a legal defense up to the limits shown on your policy. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should carry high limits.
  • Your spouse saves you money – Having a wife or husband can actually save you money on your policy. Marriage means you’re more mature than a single person and it’s proven that married drivers get in fewer accidents.

Cut your premium with discounts

Insurance can be prohibitively expensive, buy you may qualify for discounts to cut the cost considerably. Larger premium reductions will be automatically applied at the time of quoting, but lesser-known reductions have to be requested specifically prior to receiving the credit. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Drivers Education – Have your child take driver’s ed class in school.
  • Discount for Good Grades – Getting good grades can save 20 to 25%. The good student discount can last up to age 25.
  • Safe Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less for Ram pickup insurance than drivers with accidents.
  • Homeowners Pay Less – Simply owning a home can save you money because of the fact that having a home requires personal responsibility.
  • Multiple Policy Discount – If you insure your home and vehicles with the same insurance company you will save up to 20% off your total premium.
  • Federal Government Employee – Being employed by or retired from a federal job can earn a discount up to 10% for Ram pickup insurance depending on your company.
  • Resident Student – Kids in college who live away from home and don’t have a car may be able to be covered for less.

Drivers should understand that most credits do not apply to the entire policy premium. Some only apply to specific coverage prices like medical payments or collision. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky. Any qualifying discounts will help reduce the amount you have to pay.

To see a list of insurance companies offering auto insurance discounts, follow this link.

What is the best insurance coverage?

When it comes to buying the right insurance coverage, there isn’t really a cookie cutter policy. Everyone’s situation is unique and your policy should reflect that. For instance, these questions may help you determine whether or not you may require specific advice.

  • How do I buy GAP insurance?
  • Does coverage extend to my business vehicle?
  • What is UM/UIM insurance?
  • Will filing a claim cost me more?
  • Should I buy additional glass protection?
  • Am I covered if I wreck a rental car?
  • Are rental cars covered under my policy?

If you’re not sure about those questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Learn about insurance coverages for a 1994 Dodge Ram Pickup 2500

Knowing the specifics of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverages offered by insurance companies.

Coverage for liability – This coverage provides protection from damage that occurs to people or other property that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like emergency aid, legal defense fees, repair bills for other people’s vehicles and bail bonds. How much coverage you buy is a decision to put some thought into, but you should buy as large an amount as possible.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Ram Pickup 2500.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually the UM/UIM limits do not exceed the liability coverage limits.

Collision coverages – This pays for damage to your Ram Pickup 2500 resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as colliding with a tree, driving through your garage door, damaging your car on a curb and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Coverage for medical payments – Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like nursing services, X-ray expenses, funeral costs, chiropractic care and dental work. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. PIP is not available in all states and may carry a deductible

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like rock chips in glass, a broken windshield, hail damage and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Be Smart and Buy Smart

Cheap 1994 Dodge Ram Pickup 2500 insurance can be sourced from both online companies and with local insurance agents, so you should compare both to get a complete price analysis. Some auto insurance companies do not offer the ability to get a quote online and these regional insurance providers work with independent agents.

In this article, we covered a lot of information how to save on insurance. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the best price on auto insurance is with some of the lesser-known companies. These companies may only write in your state and offer lower rates compared to the large companies like State Farm or Progressive.

When shopping online for auto insurance, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped liability limits or collision coverage only to regret that they should have had better coverage. Your aim should be to get the best coverage possible for the lowest price while still protecting your assets.

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