Lower Your 2002 Dodge Ram Wagon Insurance Cost

Overpriced Dodge Ram Wagon insurance can take a big chunk out of your accounts and force you to make sacrifices. Performing a price comparison is an excellent way to reduce premiums and put more money in your pocket.

Numerous auto insurance companies battle for your business, so it can be very hard to choose a insurance company to find the absolute lowest rate

Consumers should take time to compare premium rates before your next renewal because prices are rarely the same from one policy term to another. Just because you found the best quotes on Ram Wagon coverage last year a different company probably has better rates today. Forget all the misinformation about insurance coverage because it’s time to teach you the right way to save money, get proper coverage and the best rates.

Auto insurance discounts help lower rates

Insurance can cost an arm and a leg, but you may be missing some discounts to cut the cost considerably. Certain credits will be shown when you complete an application, but some must be asked about before they will apply.

• Save with More Vehicles Insured – Having primary and secondary vehicles on one policy can get a discount for every vehicle.
• Discounts for New Vehicles – Buying auto insurance coverage on a new vehicle can cost up to 25% less because newer vehicles have to meet stringent safety requirements.
• Pay Upfront and Save – If you pay your entire premium ahead of time instead of paying each month you may have a lower total premium amount.
• Early Switch Discount – A few insurance companies allow discounts for buying a new policy before your current expiration date. You can save around 10% with this discount.
• Senior Citizen Discount – Older drivers may qualify for a small discount on rates on Ram Wagon coverage.
• Discount for Life Insurance – Auto insurance companies who offer life insurance give a small discount if you purchase a life insurance policy as well.
• Multi-policy Discount – If you combine your auto and homeowners policies with one company you could get a discount of as much as 10 to 15 percent.
• Low Mileage – Low annual miles can earn lower auto insurancerates on the low mileage vehicles.

Discounts save money, but please remember that many deductions do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as medical payments or collision. Despite the fact that it seems like you can get free auto insurance, company stockholders wouldn’t be very happy.

Insurance companies that may offer quotes with many of the previously listed discounts may include but are not limited to:

• State Farm
• Progressive
• Progressive
• MetLife
• Farm Bureau
• Geico
• SAFECO

Before buying, ask every company which discounts they offer. A few discounts might not apply in your area. To view companies that offer many of these discounts, click this link.

Why your insurance rates might be higher

Many things are part of the equation when you quote your car insurance policy. A few of the factors are predictable like your driving record, although some other factors are less obvious such as whether you are married and annual miles driven.

• Marriage equates to better premiums – Having a spouse may save some money compared to being single. Having a spouse means you’re more financially stable and it’s statistically proven that married couples file fewer claims.
• Certain jobs pay higher premiums – Occupations such as doctors, architects and accountants are shown to have higher rates than the rest of us attributed to stressful work requirements and lots of time spent at work. Other occupations like professors, athletes and retirees generally pay rates lower than average on Ram Wagon coverage.
• Drive less and save – The higher the miles on your Dodge in a year the higher the price you pay to insure it. A lot of insurance companies price each vehicle’s coverage based upon how the vehicle is primarily used. Cars that have low annual miles cost less to insure than cars that get driven a lot. It’s a good idea to make sure your vehicle rating is rated on how each vehicle is driven, because improper ratings can cost you money. Having an incorrect usage rating on your Ram Wagon can result in significantly higher rates.
• Cars with good safety ratings cost less to insure – Vehicles that have high safety ratings are cheaper to insure. Safer cars help reduce the chance of injuries in an accident and fewer injuries means less claims paid passed on to you as lower rates.
• Don’t skimp on liability coverage – Liability coverage kicks in if you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage up to the limits shown on your policy. Liability insurance is pretty cheap compared to other policy coverages, so drivers should buy more than the minimum limits required by law.
• Too many claims and you’ll pay more – If you frequently file small claims, you can definitely plan on either policy cancellation or increased premiums. Insurance companies award better rates to insureds that do not abuse their auto insurance. Insurance coverage is intended for the bigger claims that can’t be paid out-of-pocket.
• Don’t get traffic citations – Even a single chargable violation can increase the cost of insurance forty percent or more. Drivers with clean records pay less for auto insurance than their less careful counterparts. Drivers with flagrant violations such as DWI, reckless driving or hit and run convictions are required to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent their license from being revoked.
• Premiums are lower the older you get – Teen drivers tend to get distracted easily when driving so they pay higher auto insurance rates. More experienced drivers have been proven to be more responsible, cost insurance companies less in claims and receive fewer citations.

Which is the best insurance coverage?

When it comes to choosing the best insurance coverage coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is unique and your policy should reflect that. These are some specific questions may help highlight if your insurance needs would benefit from an agent’s advice.

• Are my friends covered when driving my 2002 Dodge Ram Wagon?
• Am I covered if I hit a deer?
• Am I covered if I hit my neighbor’s mailbox?
• I don’t drive much so do I pay less?
• Is my business laptop covered if it gets stolen from my vehicle?
• Where can I find DUI or SR-22 insurance?
• What discounts do I qualify for?
• Am I insured when driving a different vehicle?
• What is no-fault insurance?
• Am I covered if I drive in a foreign country?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

What insurance coverages do you need?

Understanding the coverages of insurance can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages offered by insurance companies.

Liability auto insurance – This can cover damage that occurs to a person or their property by causing 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. You might see policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims like structural damage, funeral expenses, bail bonds and court costs. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for expenses for ambulance fees, hospital visits, doctor visits and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverage – This covers damage to your Ram Wagon caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as sustaining damage from a pot hole, backing into a parked car, sideswiping another vehicle, damaging your car on a curb and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Dodge Ram Wagon.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive insurance – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as theft, hitting a bird, a tree branch falling on your vehicle, damage from flooding and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Cheaper insurance is a realistic goal

We just presented some good ideas how you can compare 2002 Dodge Ram Wagon insurance car insurance rates online. The most important thing to understand is the more rate quotes you have, the higher your chance of finding cheap insurance coverage. You may even discover the lowest car insurance rates are with some of the lesser-known companies. They may have significantly lower premium rates on certain market segments compared to the large companies like State Farm or Progressive.

When shopping online for insurance coverage, it’s very important that you do not sacrifice coverage to reduce premiums. Too many times, an insured cut comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase a proper amount of coverage for the lowest price, but do not sacrifice coverage to save money.

To learn more, feel free to browse the following helpful articles:

• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• How Much are Car Insurance Quotes for a Dodge Ram in Honolulu? (QuoteHonolulu.com)
• Car Insurance: When not to Skimp (BankRate.com)
• What Does No-Fault Insurance Cover? (Allstate)
• Help Your Teen Be a Better Driver (State Farm)