Compare 2003 Dodge Ram Cargo Insurance Quotes

Purchasing the lowest cost insurance can be somewhat intimidating for consumers new to shopping for insurance on the web. With so many insurance companies available, how can anyone possibly compare every company to locate lower insurance premiums?

Don’t overlook these auto insurance discounts

Some providers don’t always advertise all available discounts very clearly, so we break down some of the more common and the more hidden credits available to lower your premiums when you buy auto insurance online.

• Service Members Pay Less – Having an actively deployed family member may qualify for rate reductions.
• New Car Discount – Insuring a vehicle that is new can cost up to 25% less because new model year vehicles are generally safer.
• Theft Deterent – Vehicles equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and will qualify for a discount on a auto insurance quote.
• Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education if it’s offered in school.
• Accident Forgiveness – Not a discount per se, but companies like Geico, Allstate and Liberty Mutual will forgive one accident without getting socked with a rate hike with the catch being you have to be claim-free prior to being involved in the accident.
• Discounts for Government Workers – Active or retired federal employment could qualify for a slight premium decrease on Ram Cargo insurance depending on your company.
• Multiple Cars – Insuring more than one vehicle on one policy may reduce the rate for each vehicle.

One thing to note about discounts is that most credits do not apply to the entire policy premium. Some only apply to specific coverage prices like collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, it’s just not the way it works.

Some of the insurance companies that have most of the discounts above include:

• Farmers Insurance
• State Farm
• Liberty Mutual
• MetLife
• Progressive

Check with each company what discounts are available to you. A few discounts might not be offered in your state. To find auto insurance companies with significant discounts, follow this link.

When to get professional advice

When buying proper insurance coverage, there really is no cookie cutter policy. Everyone’s needs are different.

For instance, these questions can aid in determining whether or not you would benefit from professional advice.

• Do I need roadside assistance coverage?
• Is a blown tire covered by insurance?
• Does my 2003 Dodge Ram Cargo need full coverage?
• Am I covered if I hit a deer?
• Am I better off with higher deductibles on my 2003 Dodge Ram Cargo?
• Why do I only qualify for high-risk insurance?
• Is borrowed equipment or tools covered if stolen or damaged?
• When can my company non-renew my policy?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

The largest companies are not always cheapest

Popular insurance coverage providers such as State Farm, Geico and Progressive endlessly run television, radio, and online ads. They all seem to advertise claims that people will save if you get a free auto insurance quote and switch your insurance coverage policy to them. But how can every company charge less that you’re paying now? It’s all in how they say it.

All companies have a certain “appetite” for the type of driver that makes them money. For instance, a profitable risk profile may need to be a married female, has no driving citations, and drives a vehicle with a low ISO rating. A driver that fits those parameters will probably get cheap rates and will save a lot if they switch.

Drivers who fall short of those standards will probably have to pay higher premium rates which translates to the driver buying from a lower-cost company. If you listen to the ad wording, they say “customers who switch” not “all people who quote” save money. That is how companies can truthfully lure you into getting a quote.

This emphasizes why you absolutely need to get a wide range of price quotes. It’s just not possible to know the company that will have better premium rates than you’re paying now.

Auto insurance coverages explained

Knowing the specifics of auto insurance can help you determine the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Comprehensive auto coverage

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

Comprehensive coverage protects against claims like a broken windshield, hitting a deer, damage from a tornado or hurricane, vandalism and damage from getting keyed. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

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 injuries sustained by your vehicle’s occupants as well as damage to your Dodge Ram Cargo.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these limits are similar to your liability insurance amounts.

Liability auto insurance

This provides protection from damages or injuries you inflict on a person or their property in an accident. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for things like medical services, medical expenses and structural damage. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Collision coverage protection

Collision insurance will pay to fix damage to your Ram Cargo caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as sustaining damage from a pot hole, crashing into a building, colliding with another moving vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for immediate expenses for things like surgery, X-ray expenses, funeral costs and rehabilitation expenses. They are often utilized in addition to your health insurance program or if you do not have health coverage. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay

In conclusion

When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. There have been many situations where someone dropped collision coverage and found out when filing a claim they didn’t purchase enough coverage. Your goal is to get the best coverage possible at the lowest possible cost, but do not skimp to save money.

We just presented some good ideas how you can lower your 2003 Dodge Ram Cargo insurance prices. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may even find the most savings is with a small local company.

People switch companies for a number of reasons such as unfair underwriting practices, policy non-renewal, questionable increases in premium and even poor customer service. Whatever your reason, choosing a new company can be less work than you think.

More detailed insurance coverage information is available in these articles:

• Auto Insurance Basics (Insurance Information Insitute)
• Who Has Cheap Seattle Car Insurance Rates for a Dodge Ram? (SeattleCarInsuranceQuotes.com)
• Child Safety Seats (Insurance Information Insitute)
• Speed and Speed Limit FAQ (iihs.org)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Uninsured Motorist Statistics (Insurance Information Insitute)