Lower Your 1992 Dodge RAM 250 Car Insurance Quotes

Looking for better auto insurance rates for your Dodge RAM 250? Having to pay for overpriced Dodge RAM 250 insurance can empty your bank account and make it hard to pay other bills. Comparing price quotes is a great way to make sure you’re not throwing money away. Because there are so many insurance companies to choose from, it can be hard to choose the right insurance company.

Dodge RAM 250 insurance rates are influenced by…

Smart consumers have a good feel for some of the elements that come into play when calculating insurance rates. Having a good understanding of what influences your rates enables informed choices that can help you get lower insurance prices.

The list below includes a few of the “ingredients” insurance companies consider when setting your rates.

  • Safe vehicles cost less to insure – Safer cars get lower rates. Safer cars result in less severe injuries and fewer injuries means lower claim amounts and more competitive rates for policyholders. If the Dodge RAM 250 scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Being married is a good thing – Getting married helps lower the price when buying insurance. Having a spouse usually means you are more mature and it’s proven that being married results in fewer claims.
  • Lower deductibles cost more – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Dodge. Examples of covered claims could be collision with another vehicle, vandalism, and burglary. Your deductibles are how much you are required to spend out-of-pocket before your insurance pays a claim. The more expense you’re willing to pay, the less your company will charge you for insurance on RAM 250 insurance.
  • A lapse in coverage is a bad thing – Driving with no insurance is against the law and insurance companies will penalize you for letting your coverage lapse. Not only will you pay more, but being ticketed for driving with no insurance will get you a steep fine or even jail time.

Policy discounts you shouldn’t miss

Car insurance can cost a lot, but you may find discounts that you may not know about. Most are applied when you quote, but a few need to be inquired about before you will receive the discount. If you don’t get every credit available, you’re just leaving money on the table.

  • Seat Belt Usage – Requiring all passengers to use a seat belt could save 15% on the medical payments or PIP coverage costs.
  • Distant Student – Children who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Low Mileage Discounts – Driving fewer miles can qualify you for better rates on cars that stay parked.
  • Accident Free – Claim-free drivers pay much less when compared with drivers who are more careless.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy before your current policy expires. The savings is around 10%.
  • Homeowners Pay Less – Simply owning a home can save you money due to the fact that maintaining a home shows financial diligence.
  • New Car Discount – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Safe Driver Discount – Safe drivers may save up to 50% more on RAM 250 insurance than drivers with accidents.

It’s important to understand that most discounts do not apply to your bottom line cost. Some only apply to individual premiums such as comp or med pay. Just because you may think adding up those discounts means a free policy, it just doesn’t work that way. But any discount will help reduce your overall premium however.

To see a list of insurers offering auto insurance discounts, click this link.

Are you falling for claims of savings?

Consumers can’t ignore all the ads for the lowest price auto insurance from the likes of Allstate, GEICO and Progressive. They all make the same claim of big savings if you change your coverage to them.

But how can every company make the same claim?

All the different companies are able to cherry pick for the driver that makes them money. A good example of a profitable customer might be between the ages of 30 and 50, has no prior claims, and drives less than 10,000 miles a year. A driver who fits that profile gets the lowest rates and as a result will probably save a lot of money.

Drivers who don’t meet the requirements will be charged a higher premium which usually ends up with business not being written. The ad wording is “people who switch” not “everyone that quotes” save that much. That’s the way insurance companies can state the savings.

That is why drivers should get as many quotes as possible. It’s not possible to predict which insurance companies will fit your personal profile best.

Insurance agents can help

When choosing the best insurance coverage, there isn’t really a best way to insure your cars. Everyone’s needs are different and your policy should reflect that. For instance, these questions may help you determine whether or not you will benefit from professional help.

  • Am I better off with higher deductibles on my 1992 Dodge RAM 250?
  • What is high-risk coverage and where do I buy it?
  • Should I put collision coverage on all my vehicles?
  • How can I force my company to pay a claim?
  • Is my camper covered by my car insurance policy?
  • Am I covered if I break a side mirror?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk 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’s fast, free and can help protect your family.

Insurance coverage breakdown

Understanding the coverages of a insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on most insurance policies.

Comprehensive (Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as theft, damage from a tornado or hurricane, hail damage, damage from flooding and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability coverages

This protects you from damage that occurs to other’s property or people by causing an accident. This coverage 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 for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like repair bills for other people’s vehicles, structural damage and medical services. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible.

Auto collision coverage

Collision insurance will pay to fix damage to your RAM 250 resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like backing into a parked car, crashing into a ditch and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Dodge RAM 250.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Medical expense insurance

Coverage for medical payments and/or PIP pay for bills such as surgery, dental work and nursing services. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Affordable insurance is out there

Cost effective 1992 Dodge RAM 250 insurance is definitely available on the web and also from your neighborhood agents, and you need to price shop both so you have a total pricing picture. A few companies may not provide the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

As you restructure your insurance plan, don’t be tempted to reduce needed coverages to save money. Too many times, consumers will sacrifice full coverage only to find out that their decision to reduce coverage ended up costing them more. Your aim should be to find the BEST coverage at the best price while still protecting your assets.

Helpful articles