View 1991 Dodge Ram 50 Pickup Insurance Rates

Paying for expensive Dodge Ram 50 Pickup insurance can draw down your checking account and force you to make tough financial choices. Shopping your coverage around can help to reduce premiums and put more money in your pocket.

Since you have so many insurance companies to choose from, it can be hard to locate the best insurer.

Pay discount rates with these discounts

Some insurers don’t always advertise all available discounts in an easy-to-find place, so the below list has some of the more common and the more hidden credits that you can use to lower your rates.

• Discounts for Seat Belt Usage – Buckling up and requiring all passengers to buckle up may be able to save a few bucks off the personal injury premium cost.
• Discounts for Multiple Vehicles – Having several vehicles with one company may reduce the rate for each vehicle.
• Service Members Pay Less – Being on active duty in the military could mean lower premium rates.
• Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and can earn a small discount on your policy.
• No Claims – Insureds who avoid accidents and claims get the best auto insurance rates when compared with drivers who are more careless.
• Multi-line Discount – If the company offers life insurance, you could get lower prices if you buy life insurance from them.
• Good Grades Discount – Getting good grades could provide a savings of up to 20% or more. Earning this discount can benefit you up to age 25.
• Sign Early and Save – A few insurance companies allow discounts for switching policies before your current coverage expires. It could save around 10% when you buy insurance online.

You can save money using discounts, but most of the big mark downs will not be given to the entire cost. Some only reduce specific coverage prices like liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, companies don’t profit that way.

To see a list of providers that have a full spectrum of discounts, follow this link.

Informed drivers can lower insurance rates

An important part of buying insurance is that you know a few of the rating criteria that help determine the price you pay for insurance. When you understand what determines base rates, this helps enable you to make changes that may result in much lower annual insurance costs.

The factors shown below are some of the items used by your company to calculate rates.

• Lower premiums with uninterrupted coverage – Having a gap between insurance policy dates is a quick way to increase your rates. Not only will you pay more, the inability to provide proof of insurance may earn you a fine, jail time, or a revoked license.
• Low credit history equals high costs – Your credit score factor in determining your rates. Drivers with high credit scores tend to be less risk to insure than drivers with lower credit ratings. So if your credit score is not that good, you may save money insuring your 1991 Dodge Ram 50 Pickup by repairing your credit.
• Tickets and citations cost more than a fine – Attentive drivers get better rates compared to bad drivers. Even one speeding ticket may increase your cost twenty percent or more. Drivers with license-revoking tickets like DWI, reckless driving or hit and run convictions might be required by their state to submit a SR-22 form with their state’s department of motor vehicles in order to prevent their license from being revoked.
• Prevent your car from being stolen – Buying a car with anti-theft technology or alarm system can help bring down rates. Anti-theft features like vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart auto theft.
• Pay lower rates if you’re married – Having a wife or husband may earn you lower rates on your insurance bill. Having a spouse usually means you are more mature and responsible and statistics show married drivers tend to file fewer claims.
• Cheap rates for being claim-free – Insurance companies give lower rates to policyholders that do not abuse their auto insurance. If you tend to file frequent claims, you can pretty much guarantee much higher rates or policy non-renewal. Your car insurance is designed for more catestrophic claims.
• Small coverages can add up – There are many additional coverages you can purchase if you aren’t careful. Coverage for things like vanishing deductibles, towing coverage, and Farm Bureau memberships are some examples. They may seem like a good idea when talking to your agent, but if you have no use for them eliminate the coverages to reduce your premium.

Your situation helps dictate your coverage

When buying the right insurance coverage, there really is no “best” method to buy coverage. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions can aid in determining if your insurance needs would benefit from an agent’s advice.

• Do I need to file an SR-22 for a DUI in my state?
• When should I buy a commercial auto policy?
• Why am I required to get a high-risk car insurance policy?
• Do I benefit by insuring my home with the same company?
• What if I total my 1991 Dodge Ram 50 Pickup and owe more than it’s worth?
• Is pleasure use cheaper than using my 1991 Dodge Ram 50 Pickup to commute?
• Is my cargo covered for damage or theft?
• When can I cancel my policy?

If you can’t answer these questions then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area.

The auto insurance bait and switch

Companies like State Farm, Allstate and Geico seem to constantly run ads on television and other media. All the companies make the point that you’ll save big after switching your auto insurance policy to them. How does every company cost less than your current company? Just pay attention to how they say it.

Companies quote their best rates for the type of driver that will be a good risk. For instance, a preferred risk might have to be married and over the age of 30, has a low-risk occupation, and drives less than 7,500 miles a year. Any new insured who meets those qualifications will qualify for the lowest premium rates and as a result will probably save some money.

Potential customers who do not meet the “perfect” profile will be charged higher premiums which results in business not being written. Company advertisements say “customers who switch” not “everyone that quotes” can save as much as they claim. This is how companies can make the claims of big savings.

This really drives home the point why you really should compare price quotes frequently. Because you never know the company that will have the best premium rates.

What car insurance coverages do you need?

Understanding the coverages of car insurance can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Shown next are the normal coverages available from car insurance companies.

Auto liability

Liability insurance will cover damage that occurs to other’s property or people in an accident. This coverage protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: 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 limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things such as bail bonds, medical services, emergency aid and loss of income. The amount of liability coverage you purchase is a personal decision, but you should buy as much as you can afford.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for bills for X-ray expenses, nursing services, prosthetic devices and doctor visits. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Dodge Ram 50 Pickup.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive coverages

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as fire damage, theft, hitting a deer and a tree branch falling on your vehicle. The maximum amount your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage protection

Collision coverage covers damage to your Ram 50 Pickup caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like driving through your garage door, sustaining damage from a pot hole and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

Cheaper insurance is a realistic goal

Lower-priced 1991 Dodge Ram 50 Pickup insurance can be purchased both online in addition to many insurance agents, so get free insurance quotes from both of them so you have a total pricing picture. Some companies don’t offer internet price quotes and most of the time these small insurance companies sell through local independent agents.

As you go through the steps to switch your coverage, never skimp on critical coverages to save a buck or two. There have been many cases where consumers will sacrifice physical damage coverage and learned later that the few dollars in savings costed them thousands. Your goal should be to purchase plenty of coverage at the lowest possible cost, but do not skimp to save money.

Additional detailed information can be found by following these links:

• Side Impact Crash Tests (iihs.org)
• Insuring a Leased Car (Insurance Information Insitute)
• Vehicle Size and Weight FAQ (iihs.org)
• Cellphones, Texting and Driving (iihs.org)
• Electronic Stability Control FAQ (iihs.org)
• Neck Injury FAQ (iihs.org)