Lower Your 2001 Dodge Ram Pickup 3500 Insurance Rates

Finding low-cost insurance over the internet can be impossible for beginners to comparing rates online. With dozens of companies competing online, how can consumers even start to compare the different rates to find the best price?

Finding cheaper insurance is quite easy. In a nutshell, every vehicle owner who is required by state law to have insurance should be able to save money. But consumers can benefit by having an understanding of how big insurance companies determine prices.

Quick Auto Insurance Quotes

The are a couple different ways to compare quotes from different insurance companies. The easiest way by far to find the cheapest 2001 Dodge Ram Pickup 3500 insurance rates is to use the internet to compare rates. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The easiest and least time consuming way to get the best comparison quotes is a comparison rater form (click to open form in new window). This type of form keeps you from doing separate forms to each individual auto insurance company. One form gets you coverage quotes direct from many companies. This is by far the quickest method.
  2. A more time consuming way to compare rate quotes is going to each individual company website and fill out their own quote form. For example, we’ll assume you want rates from Liberty Mutual, Allstate and American Family. To get rate quotes you would need to spend time on each company’s site to input your insurance information, which is why the first method is quicker. To view a list of companies in your area, click here.
  3. The hardest method of comparing rate quotes is to spend your day driving to and from local insurance agencies. Shopping for auto insurance online has reduced the need for local agents unless you have a need for the personal advice of a licensed agent. It is possible to compare online quotes and get advice from an agent in your area and we’ll talk about that later.

It’s up to you which method you use, but compare exactly the same deductibles and coverage limits with every price quote. If you compare different limits and deductibles on each one it will be impossible to determine which rate is truly the best. Quoting even small variations in insurance coverages could mean much higher rates. It’s important to know that getting more free quotes will improve the odds of getting better pricing.

Don’t believe everything you hear

Auto insurance providers like Allstate and Progressive consistently run ads on TV and radio. They all make an identical promise of big savings if you change to their company. How does each company make almost identical claims? It’s all in the numbers.

All the different companies can use profiling for the right customer that earns them a profit. For instance, a desirable insured could possibly be a mature driver, has no prior claims, and has great credit. A driver that hits that “sweet spot” is entitled to the best price and therefore will pay quite a bit less when switching companies.

Drivers who don’t qualify for the requirements will be quoted a higher premium which leads to business not being written. The ads say “drivers who switch” but not “drivers who get quotes” save that kind of money. That’s the way insurance companies can confidently advertise the way they do.

This emphasizes why you absolutely need to get as many comparisons as possible. Because you never know the company that will provide you with the cheapest Dodge Ram Pickup 3500 insurance rates.

Factors that can influence Dodge Ram Pickup 3500 insurance rates

An important part of buying insurance is that you know the rating factors that go into determining car insurance rates. Having a good understanding of what determines base rates helps enable you to make changes that will entitle you to better car insurance rates.

  • Liability insurance protects assets – Liability coverage is the protection if a jury decides you are liable for personal injury or accident damage. It will provide legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • How your age affects price – Mature drivers are more responsible, tend to file fewer claims and are safer drivers. Youthful drivers have a tendency to be less responsible in a vehicle therefore car insurance rates are much higher.
  • Cautious drivers pay less – Even a single moving violation can bump up the cost twenty percent or more. Drivers who don’t get tickets have lower premiums compared to drivers with tickets. Drivers who get flagrant violations like DUI or reckless driving may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
  • Claim-free discounts can add up – Car insurance companies give cheaper rates to drivers who do not rely on their insurance for small claims. If you tend to file frequent claims, you can expect either a policy non-renewal or much higher rates. Auto insurance is designed for larger claims.
  • Sex matters – Statistics show that women are safer drivers than men. However, don’t assume that men are WORSE drivers than women. Men and women have accidents at about the same rate, but the males cause more damage and cost insurance companies more money. They also get more serious tickets such as DWI and reckless driving.
  • Your stress level may be raising your rates – Did you know your job can affect your rates? Occupations like lawyers, architects and dentists tend to pay the highest average rates attributed to high stress levels and lengthy work days. Other occupations like farmers, historians and performers have the lowest average rates on Ram pickup insurance.
  • Where you live is a factor – Choosing to live in a rural area is a positive aspect when buying car insurance. Drivers in populated areas have to deal with more traffic problems and a longer drive to work. Less people living in that area means reduced accidents and a lower car theft rate.

Discounts on Dodge Ram Pickup 3500 insurance

Insurance can be prohibitively expensive, but companies offer discounts that you may not know about. A few discounts will automatically apply at the time of purchase, but some must be specifically requested before they will apply.

  • Drive Less and Save – Keeping the miles down on your Dodge could qualify for lower rates on the low mileage vehicles.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
  • No Claims – Drivers with accident-free driving histories can save substantially as compared to bad drivers.
  • Discount for New Cars – Insuring a new car can be considerably cheaper since new cars are generally safer.
  • Good Students Pay Less – This discount can save 20 to 25%. Earning this discount can benefit you until age 25.
  • Pay Upfront and Save – If you pay your bill all at once rather than paying monthly you may reduce your total bill.

Keep in mind that most of the big mark downs will not be given to all coverage premiums. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you could get a free car insurance policy, car insurance companies aren’t that generous. Any qualifying discounts will bring down the cost of coverage.

Companies that may have these benefits include:

Before buying, ask all companies you are considering how you can save money. Savings may not apply in your state.

Tailor your coverage to you

When it comes to choosing adequate coverage, there really is no perfect coverage plan. Each situation is unique.

For instance, these questions can aid in determining whether or not you may require specific advice.

  • Who is covered when they drive my 2001 Dodge Ram Pickup 3500?
  • Is extra glass coverage worth it?
  • Do I need special endorsements for business use of my vehicle?
  • How can I get high-risk coverage after a DUI?
  • Should I have combined single limit or split liability limits?
  • Am I covered when driving on a suspended license?
  • Should I buy full coverage?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form.

What auto insurance coverages do you need?

Having a good grasp of auto insurance can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Ram Pickup 3500.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability car insurance

This coverage will cover damage that occurs to people or other property. It protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like attorney fees, bail bonds, funeral expenses, structural damage and loss of income. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Auto collision coverage

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like sustaining damage from a pot hole, hitting a mailbox, damaging your car on a curb and backing into a parked car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Medical costs insurance

Coverage for medical payments and/or PIP pay for bills for chiropractic care, funeral costs, prosthetic devices and EMT expenses. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

This coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from flooding, rock chips in glass, hail damage, fire damage and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Shop smart and save

You just learned quite a bit of information on how to save on 2001 Dodge Ram Pickup 3500 insurance. The most important thing to understand is the more providers you compare, the better your comparison will be. You may even find the biggest savings come from a small local company.

Consumers change insurance companies for many reasons like extreme rates for teen drivers, high prices, delays in paying claims and questionable increases in premium. It doesn’t matter what your reason, finding a new insurance coverage company is less work than it seems.

When you buy insurance online, you should never buy less coverage just to save a little money. In many instances, someone dropped liability coverage limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase plenty of coverage at a price you can afford while still protecting your assets.

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