Lower Your 2006 Dodge Ram Pickup 2500 Car Insurance Rates

Sick and tired of not being able to afford to make your auto insurance payment? You are no different than most other drivers. Big companies like State Farm, Allstate, Geico and Progressive constantly blast consumers with advertising and it can be hard to ignore the propoganda and find the best price available.

Consumers should take time to compare prices before your policy renews because prices are rarely the same from one policy term to another. Just because you found the lowest price for Ram pickup coverage a couple years back you will most likely find a better rate quote today. Block out anything you think you know about auto insurance because you’re going to get a crash course in the best methods to save on auto insurance.

If you have insurance now or are looking for a new policy, you can use these tips to get lower rates while maximizing coverage. Finding affordable coverage is quite easy. Drivers just need to understand how to find the lowest price online.

Cheaper insurance coverage rates with discounts

Companies don’t always advertise every discount they offer in a way that’s easy to find, so the following list contains a few of the more well known as well as some of the hidden ways to save on insurance coverage.

• Braking Control Discount – Cars and trucks with ABS and/or traction control are safer to drive so you can save 10 percent or more.
• Telematics Data – Drivers who agree to allow driving data collection to spy on driving manner by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system could see a rate decrease as long as the data is positive.
• Good Students Pay Less – A discount for being a good student can save 20 to 25%. This discount can apply up to age 25.
• Safety Course Discount – Taking a course that instructs on driving safety can save you 5% or more and make you a better driver.
• Drive Safe and Save – Drivers without accidents can pay as much as 50% less for Ram pickup coverage than their less cautious counterparts.
• Buy New and Save – Insuring a vehicle that is new can save you some money compared to insuring an older model.
• First Accident Forgiveness – Not really a discount, but a few companies such as Geico, Allstate and Liberty Mutual will let one accident slide before they charge you more for coverage if you have no claims for a set time period.
• Life Insurance – Select insurance companies reward you with better rates if you take out life insurance from them.
• College Student – Children who are enrolled in a college that is more than 100 miles from home and do not have a car can be insured at a reduced rate.

Just know that many deductions do not apply to the entire cost. Some only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

For a list of companies that provide some of the discounts listed above, click here to view.

Tailor your car insurance coverage to you

When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For instance, these questions may help you determine whether your personal situation might need an agent’s assistance.

• What are the best liability limits?
• Do I have any recourse if my insurance company denies a claim?
• Is motorclub coverage worth it?
• Do all my vehicles need collision coverage?
• Are my tools covered if they get stolen from my vehicle?
• Do I need medical payments coverage since I have good health insurance?
• Does my personal policy cover me when driving out-of-state?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.

Coverages available on your insurance policy

Understanding the coverages of your policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by insurance companies.

Liability coverage

This will cover damages or injuries you inflict on other people or property in an accident. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against claims such as pain and suffering, repair bills for other people’s vehicles, court costs, bail bonds and emergency aid. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.

Comprehensive coverage

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

Comprehensive coverage pays for things such as fire damage, damage from getting keyed and hitting a deer. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as hospital visits, EMT expenses, prosthetic devices and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Dodge Ram Pickup 2500.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Collision protection

This coverage will pay to fix damage to your Ram Pickup 2500 caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as hitting a parking meter, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.

A penny earned…

We covered some good ideas how to reduce 2006 Dodge Ram Pickup 2500 insurance premium rates online. The key thing to remember is the more companies you get prices for, the better your comparison will be. Drivers may discover the biggest savings come from a company that doesn’t do a lot of advertising. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive and Geico.

When shopping online for insurance, do not reduce coverage to reduce premium. In too many instances, consumers will sacrifice liability limits or collision coverage only to discover later that the small savings ended up costing them much more. Your aim should be to purchase a proper amount of coverage for the lowest cost, but do not sacrifice coverage to save money.

Additional detailed information is available in the articles below:

• Collision Coverage (Liberty Mutual)
• Collision Insurance Coverage (Nationwide)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Teen Driver Licensing Information (iihs.org)
• Auto Theft Statistics (Insurance Information Insitute)
• Airbag FAQ (iihs.org)