Cheap 1994 Dodge Ram Pickup 1500 Insurance Cost

Want the cheapest insurance coverage rates for your Dodge Ram Pickup 1500? Have you had enough of trying to scrape together enough money to buy car insurance? You are no different than most other car owners.

With so many options when it comes to insurance coverage, it is very difficult to locate the most cost effective company.

Finding the best rates is not rocket science. If you currently have a car insurance policy, you will be able to reduce your rates substantially using this information. Although consumers do need to understand the methods companies use to determine prices.

Compare the Market for Auto Insurance

There are multiple methods you can shop for 1994 Dodge Ram Pickup 1500 auto insurance and some are easier and takes less work. You could waste a few hours discussing policy coverages with agents in your area, or you could use the web to get rate comparisons in just a few minutes.

Most car insurance companies participate in an industry program that enables customers to send in one quote, and at least one company returns a competitive quote based on the submitted data. This saves time by eliminating quote requests to each company. To enter your information into the quoting system, click here to open in new window.

The one disadvantage to doing it this way is that you can’t choose which insurance companies to receive prices from. So if you want to select specific insurance companies to compare prices, we put together a list of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just make sure you use exactly the same coverages with every price quote. If you use higher or lower deductibles it will be very difficult to decipher which rate is best. Slightly different coverages can mean a large discrepancy in price. Just remember that comparing a large number of companies will improve the odds of getting a lower rate.

Misconceptions in insurance coverage advertisements

Insurance coverage providers like Allstate, GEICO and Progressive constantly bombard you with ads on television and other media. They all make an identical promise about savings if you switch to their company. How does each company make the same claim?

Different companies can use profiling for the driver that makes them money. For example, a preferred risk could be a mature driver, is a homeowner, and chooses high deductibles. A driver that hits that “sweet spot” is entitled to the best price and most likely will cut their rates substantially.

Potential insureds who don’t measure up to the requirements must pay a more expensive rate which leads to business going elsewhere. Company advertisements say “customers who switch” not “everyone that quotes” save money. That’s why insurance companies can confidently state the savings. This illustrates why you absolutely need to get as many quotes as possible. It’s just too difficult to predict which company will have the lowest Dodge Ram Pickup 1500 insurance rates.

Cut prices on Dodge Ram Pickup 1500 insurance

Auto insurance companies don’t always publicize every available discount in an easy-to-find place, so we break down some of the more common and also the lesser-known car insurance savings.

  • E-sign – Some insurance companies may give you up to $50 for buying your policy digitally online.
  • Driver Safety – Successfully completing a course in driver safety could cut 5% off your bill depending on where you live.
  • Senior Discount – If you’re over the age of 55, you can possibly qualify for reduced rates on Ram pickup coverage.
  • Passive Restraints – Cars that have air bags or motorized seat belts can receive discounts up to 30%.
  • Seat Belts Save – Using a seat belt and requiring all passengers to buckle their seat belts could save 15% off your medical payments premium.

Drivers should understand that most discount credits are not given to the entire policy premium. Most only cut individual premiums such as collision or personal injury protection. So even though it sounds like you would end up receiving a 100% discount, companies wouldn’t make money that way.

To see a list of companies with the best car insurance discounts, follow this link.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there isn’t really a cookie cutter policy. Each situation is unique so your insurance should reflect that For instance, these questions could help you determine if you might need professional guidance.

  • Why do I need rental car insurance?
  • Does my policy cover me when driving someone else’s vehicle?
  • Is my custom paint covered by insurance?
  • What is high-risk coverage and where do I buy it?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • When should I buy a commercial auto policy?
  • Do I need replacement cost coverage on my 1994 Dodge Ram Pickup 1500?
  • Does my insurance cover my expensive audio equipment?
  • How high should my medical payments coverage be?
  • Are split liability limits better than a combined single limit?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.

Auto insurance 101

Knowing the specifics of your auto insurance policy helps when choosing the right coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages offered by auto insurance companies.

Collision coverage protection

Collision coverage covers damage to your Ram Pickup 1500 caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as sustaining damage from a pot hole, crashing into a building, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like pain medications, hospital visits, X-ray expenses, chiropractic care and rehabilitation expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

This pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like damage from flooding, a broken windshield, rock chips in glass, falling objects and damage from a tornado or hurricane. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Auto liability

Liability coverage can cover damage that occurs to other’s property or people. It protects you against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things like loss of income, repair costs for stationary objects and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Be a money saver!

Cost effective 1994 Dodge Ram Pickup 1500 insurance can be bought both online and with local insurance agents, and you should compare price quotes from both to get a complete price analysis. A few companies do not offer the ability to get a quote online and these small insurance companies work with independent agents.

When you buy insurance online, do not buy less coverage just to save a little money. There have been many situations where an insured cut physical damage coverage and discovered at claim time that the few dollars in savings costed them thousands. The aim is to buy enough coverage for the lowest price.

More detailed auto insurance information can be found in the articles below: