1993 Dodge RAM 150 Insurance Cost – 10 Ways to Save

Are you sick and tired of trying to scrape together enough money each month for car insurance? You are no different than many other consumers. Companies like Allstate, Liberty Mutual and State Farm all promote huge savings with ad campaigns and it is challenging if not impossible to ignore the promise of big savings and take the time to shop coverage around.

You should take the time to take a look at other company’s rates quite often because insurance rates are rarely the same from one policy term to another. Just because you had the lowest rates on RAM 150 coverage two years ago you may be paying too much now. Don’t believe everything you read about insurance coverage on the web, but I’m going to show you some tested techniques to find cheap insurance coverage.

If you have insurance now or need a new policy, you can use these techniques to shop for the lowest rates and possibly find even better coverage. Finding the best rates is not that difficult. Drivers just need to understand the most effective way to compare prices online.

Which Insurance Coverage is Cheapest?

Most major insurance companies provide insurance quotes on the web. Obtaining pricing is fairly straightforward as you just enter the coverages you want as requested by the quote form. When the form is submitted, the company’s rating system requests credit information and your driving record and generates a price based on these and other factors. Being able to quote online streamlines rate comparisons, but the process of having to visit several different sites and fill out multiple forms gets old quite quickly. But it is imperative to get many rate quotes if you want to find the lowest possible prices on insurance coverage.

The better way to compare rates

The smarter way to compare rates requires only one form that gets prices from more than one company. It’s a real time-saver, requires much less work on your part, and makes quoting online a lot less work. As soon as the form is sent, it is rated and you can select any or none of the pricing results.

If a lower price is quoted, you can simply submit the application and purchase the new policy. This process takes 15 minutes at the most and may result in a nice savings.

In order to use this form to compare rates, click here to open in new window and enter your information. If you have coverage now, it’s recommended you duplicate the insurance coverages exactly as shown on your declarations page. Doing this guarantees you are getting comparison quotes for exact coverage.

Cut your insurance rates with these ten discounts

Insurance can cost an arm and a leg, buy you may qualify for discounts that many people don’t even know exist. Larger premium reductions will be automatically applied when you get a quote, but a few need to be inquired about prior to receiving the credit. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Organization Discounts – Participating in certain professional organizations is a good way to get lower rates on insurance on RAM 150 coverage.
  • Payment Discounts – By paying your policy upfront rather than paying monthly you could save up to 5%.
  • Discount for Life Insurance – Some companies give lower rates if you buy a life insurance policy as well.
  • Paperwork-free – Certain companies may give you up to $50 just for signing your application online.
  • Auto/Home Discount – When you combine your home and auto insurance with one insurance company you will save at least 10% off all policies.
  • Own a Home – Owning a home can help you save on insurance due to the fact that maintaining a home shows financial diligence.
  • Discount for Swiching Early – Some companies give discounts for buying a policy prior to your current policy expiration. The savings is around 10%.
  • Defensive Driver – Taking part in a course teaching defensive driving skills could cut 5% off your bill if your company offers it.
  • Resident Student – Kids in college who attend school more than 100 miles from home and don’t have a car may qualify for this discount.
  • No Charge for an Accident – Certain companies will allow you to have one accident before your rates go up as long as you don’t have any claims for a set time period.

It’s important to note that most discounts do not apply to your bottom line cost. A few only apply to specific coverage prices like comprehensive or collision. So even though it sounds like having all the discounts means you get insurance for free, companies wouldn’t make money that way. Any amount of discount will reduce the cost of coverage.

To see a list of companies with the best insurance discounts, click here.

You are unique and your car insurance should be too

When choosing proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s needs are different so your insurance needs to address that. For example, these questions might help in determining whether or not you might need professional guidance.

  • Is a fancy paint job covered?
  • What is an SR-22 filing?
  • Does my 1993 Dodge RAM 150 qualify for pleasure use?
  • Am I covered if my car is in a flood?
  • Do I really need UM/UIM coverage?
  • Is my trailer covered?
  • How high should my uninsured/underinsured coverage be in my state?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Are my friends covered when driving my car?
  • Is my 1993 Dodge RAM 150 covered for flood damage?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.

Insurance coverages 101

Knowing the specifics of your insurance policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement. Listed below are typical coverages offered by insurance companies.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Dodge RAM 150.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Usually these coverages are set the same as your liablity limits.

Comprehensive insurance – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like falling objects, hail damage, rock chips in glass, a tree branch falling on your vehicle and hitting a deer. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage – This will pay to fix damage to your RAM 150 from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like hitting a mailbox, colliding with another moving vehicle and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also increase the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like hospital visits, dental work, nursing services and X-ray expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover you and your occupants in addition to being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Liability car insurance – Liability insurance provides protection from damage that occurs to other’s property or people. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability can pay for things like medical expenses, emergency aid and funeral expenses. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.

Pennies from heaven

Throughout this article, we presented some good ideas how you can reduce 1993 Dodge RAM 150 insurance prices online. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the most savings is with the smaller companies. They can often provide lower rates in certain areas compared to the large companies like Allstate and Progressive.

Budget-conscious insurance can be bought both online and also from your neighborhood agents, and you should compare price quotes from both to have the best rate selection. Some insurance providers may not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

Additional detailed information can be read in these articles: