Lower Your 1993 Dodge Ram 50 Pickup Car Insurance Rates

Trying to find better insurance coverage rates for your Dodge Ram 50 Pickup? Shopping for affordable insurance coverage can seem to be challenging for consumers that are not comfortable with quoting and buying their insurance coverage on the web. With a ridiculous number of insurers to choose from, how can you effectively compare every company in order to find the best available rates?

You should make it a habit to compare rates quite often because insurance coverage rates are variable and change quite frequently. Just because you found the lowest premium rates for Ram 50 pickup insurance a couple years back you will most likely find a better price today. There are lots of tips to save on insurance coverage on the web, but in just a couple of minutes you can learn the easiest ways to lower your insurance coverage rates.

Discounts for cheap insurance quotes

Insurance is easily one of your largest bills, but there could be significant discounts that can help lower your rates. Some discounts will apply when you complete an application, but less common discounts must be specifically requested prior to receiving the credit. If you check and find you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

• Low Mileage Discounts – Maintaining low annual mileage could earn better prices on cars that stay parked.
• Bundled Policy Discount – If you combine your auto and home policies and place coverage with the same company you could earn a discount of up to 20% off your total premium.
• One Accident Forgiven – This one isn’t a discount, but certain companies allow you one accident without getting socked with a rate hike so long as you are claim-free before the accident.
• Sign Online – Certain insurance companies will discount your bill up to fifty bucks get auto insurance on your computer.
• Drivers Ed for Students – Teen drivers should take driver’s ed class if offered at their school.
• Multi-line Discount – If the company offers life insurance, you could get better premium rates if you take out life insurance.
• Drive Safe and Save – Accident-free drivers can save as much as half off their rates for Ram 50 pickup insurance compared to rates paid by drivers with frequent claims.
• Save with More Vehicles Insured – Having multiple vehicles on the same insurance policy can get a discount for every vehicle.
• Professional Organizations – Being in a qualifying organization may earn a discount on your next insurance statement.
• Driving Data Discount – Insureds that choose to allow their insurance company to monitor when and where they use their vehicle by using a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates if they are good drivers.

As a footnote on discounts, most discount credits are not given to the entire policy premium. Most only reduce the cost of specific coverages such as comprehensive or collision. So even though you would think you could get a free insurance policy, nobody gets a free ride.

To find insurers with discount insurance rates, click here to view.

How insurance providers calculate Dodge Ram 50 Pickup insurance rates

It’s important that you understand the rating factors that help determine your premiums. When you understand what determines base rates, this allows you to make educated decisions that can help you get big savings. Lots of things are part of the calculation when you get a price on insurance. A few of the factors are predictable like an MVR report, although others are less obvious such as your credit history or your financial responsibility.

The factors shown below are just a few of the factors companies use to determine your premiums.

• How old are your drivers? – Older people are more cautious drivers, cause fewer claims and accidents .Beginning drivers have a tendency to be easily distracted when driving so insurance coverage rates are higher.
• Small coverages can add up – There are a lot of extra bells and whistles you can purchase if you don’t pay attention. Insurance for rental car coverage, accident forgiveness, and Farm Bureau memberships are examples of these. These may sound like a good investment when buying your policy, but if you don’t need them remove them and pocket the money.
• No insurance coverage claims equals lower premiums – If you are the type of insured that files lots of claims you can definitely plan on much higher rates or policy non-renewal. Companies give the lowest premiums to drivers who are not frequent claim filers. Your car insurance is designed for larger claims.
• Poor credit decisions can cost you – Credit rating is likely to be a major factor in your rate calculation. Insureds that have very good credit scores tend to file fewer claims than drivers with lower ratings. If your credit can use some improvement, you could pay less to insure your 1993 Dodge Ram 50 Pickup if you improve your credit rating.
• Having a spouse is a bonus – Walking down the aisle helps lower the price when buying insurance coverage. Having a significant other usually means you are more mature than a single person and it’s statistically proven that married drivers get in fewer accidents.
• Your employer can affect insurance coverage rates – Careers such as military personnel, executives and accountants tend to pay the highest rates in part from intense work-related stress and lengthy work days. Other occupations such as scientists, historians and the unemployed receive lower rates for Ram 50 pickup insurance.
• Vehicle options that cut premiums – Buying a car with advanced anti-theft systems can help lower your rates. Theft prevention features like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping car theft.

You may need specialized insurance coverage

When choosing the best insurance coverage, there is no “perfect” insurance plan. Each situation is unique.

For instance, these questions can help discover whether you will benefit from professional help.

• Can I make deliveries for my home business?
• Does medical payments coverage apply to all occupants?
• Is my ex-spouse still covered by my policy?
• Which is better, split liability limits or combined limits?
• When should my teen driver be added to my policy?
• How can I get high-risk coverage after a DUI?
• Am I covered if I hit a deer?
• Do I have coverage if my license is suspended?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. If you don’t have a local agent, fill out this quick form.

Car insurance specifics

Learning about specific coverages of your policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from getting keyed, hitting a bird, damage from a tornado or hurricane and falling objects. 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 dropping full coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for bills like rehabilitation expenses, surgery, pain medications, dental work and funeral costs. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants as well as any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

This gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision coverage

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things like colliding with a tree, driving through your garage door, hitting a mailbox and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.

Liability coverages

This coverage will cover damages or injuries you inflict on people or other property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

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

Liability can pay for claims like repair costs for stationary objects, funeral expenses, repair bills for other people’s vehicles and pain and suffering. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Better coverage you can count on

While you’re price shopping online, don’t be tempted to reduce coverage to reduce premium. In too many instances, someone dropped comprehensive coverage or liability limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to purchase a proper amount of coverage at the best price, but do not skimp to save money.

We just showed you a lot of information how to get a better price on 1993 Dodge Ram 50 Pickup insurance. The key concept to understand is the more price quotes you have, the better your comparison will be. You may even discover the lowest prices are with a smaller regional carrier.

Consumers who switch companies do it for any number of reasons including unfair underwriting practices, high prices, extreme rates for teen drivers and even an unsatisfactory settlement offer. Regardless of your reason, finding a new auto insurance company can be less work than you think.

For more information, feel free to visit these articles:

• Five Mistakes to Avoid (Insurance Information Insitute)
• Five Tips to Save on Auto Insurance (Insurance Information Insitute)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• What is a Telematics Device? (Allstate)
• Prepare your Teens for Safe Driving (InsureUonline.org)