How Much Does 1993 Dodge Ram 50 Pickup Car Insurance Cost?

Searching for lower insurance coverage rates for your Dodge Ram 50 Pickup? Are you a victim of overpriced insurance coverage? Trust us when we tell you many consumers feel financially strained by their insurance coverage policy. Online insurance companies like Geico, Farmers Insurance and State Farm all claim big savings with TV and radio ads and it can be hard to ignore the flashy ads and effectively compare rates to find the best deal.

Pieces of the Dodge Ram 50 Pickup insurance rate puzzle

Consumers need to have an understanding of some of the elements that play a part in calculating the rates you pay for car insurance. When you know what positively or negatively influences your rates empowers consumers to make smart changes that will entitle you to better car insurance rates.

  • Adjust deductibles and save – Your deductibles represent how much money you are required to spend before your car insurance pays a claim. Physical damage coverage, also known as collision and other-than-collision, is used to repair damage to your car. Some examples of claims that would be covered are colliding with a building, damage caused by hail, and rolling your vehicle. The more money the insured has to pay upfront, the lower your rates will be for Ram 50 pickup coverage.
  • Sex matters – Statistics show women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. They both have accidents at about the same rate, but the men cause more damage and cost insurance companies more money. Men also statistically have more aggressive citations like DUI and reckless driving.
  • Older drivers pay less – Teen drivers are known to get distracted easily when behind the wheel so they pay higher car insurance rates. Older insureds are more responsible, statistically cause fewer accidents and receive fewer citations.
  • Lower miles equals lower premium – Driving more miles each year the more you will pay for car insurance. Most insurance companies charge to insure your cars determined by how the vehicle is used. Autos used primarily for pleasure use receive lower rates compared to those used for work or business. Having the wrong rating on your Ram 50 Pickup can result in significantly higher rates. Double check that your car insurance coverage is showing the proper vehicle usage, because improper ratings can cost you money.
  • Car features impact rates – Driving a car with anti-theft technology or alarm system can save you a little every year. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your vehicle from being stolen.
  • Pay less after the wedding – Having a spouse helps lower the price on car insurance. Having a significant other translates into being more responsible it has been statistically shown that being married results in fewer claims.
  • Drive a safer car and pay less – Safer cars are cheaper to insure. The safest vehicles protect occupants better and better occupant protection means less money paid by your insurance company passed on to you as lower rates. If the Dodge Ram 50 Pickup is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.

These discounts can slash car insurance rates

Auto insurance companies don’t always publicize every discount very clearly, so we researched some of the more common and also the lesser-known ways to save on car insurance. If you’re not getting every credit possible, you are paying more than you should be.

  • 55 and Retired – If you qualify as a senior citizen, you may qualify for reduced rates for Ram 50 pickup coverage.
  • Employee of Federal Government – Active or retired federal employment can save as much as 8% for Ram 50 pickup coverage with certain companies.
  • Student in College – Any of your kids who are attending college without a vehicle on campus can receive lower rates.
  • Paperless Signup – Certain companies will discount your bill up to fifty bucks simply for signing digitally online.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems help deter theft and qualify for as much as a 10% discount.
  • Homeowners Pay Less – Being a homeowner can help you save on car insurance because maintaining a house requires personal responsibility.
  • Use Seat Belts – Buckling up and requiring all passengers to wear their seat belts can save 10% or more off your PIP or medical payments premium.
  • Drive Less and Save – Keeping the miles down on your Dodge can qualify you for a substantially lower rate.

It’s important to understand that most of the big mark downs will not be given to the entire policy premium. Some only reduce the price of certain insurance coverages like comp or med pay. So even though they make it sound like adding up those discounts means a free policy, you won’t be that lucky.

For a list of companies offering car insurance discounts, follow this link.

Buyer beware of insurance advertising tricks

Consumers can’t get away from ads for cheaper car insurance from the likes of Progressive, Geico, Allstate and State Farm. All the companies have a common claim about savings after switching your coverage to them.

How do they all make almost identical claims? This is how they do it.

Different companies can use profiling for the type of driver that makes them money. For example, a preferred risk could possibly be over the age of 50, insures multiple vehicles, and drives newer vehicles. A driver who meets those qualifications will get very good rates and most likely will pay quite a bit less when switching companies.

Potential customers who don’t meet this ideal profile will be quoted higher prices which usually ends up with the customer not buying. The ads state “customers that switch” but not “drivers who get quotes” save that much money. This is how insurance companies can claim big savings. This emphasizes why you absolutely need to get quotes from several different companies. It’s impossible to know which insurance company will give you the biggest savings on Dodge Ram 50 Pickup insurance.

When might I need the advice of an agent?

When it comes to choosing coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions might point out whether or not you would benefit from an agent’s advice.

  • Do I need more liability coverage?
  • If my 1993 Dodge Ram 50 Pickup is totaled, can I afford another vehicle?
  • Are rental cars covered under my policy?
  • Exactly who is provided coverage by my policy?
  • Is my state a no-fault state?
  • Do I benefit by insuring my home with the same company?
  • When would I need rental car insurance?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Specifics of your car insurance policy

Understanding the coverages of your policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find the normal coverages offered by car insurance companies.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hitting a bird, rock chips in glass, hitting a deer, damage from a tornado or hurricane and damage from getting keyed. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability coverage

Liability insurance will cover damage that occurs to other people or property. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

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

Liability coverage protects against things like pain and suffering, medical expenses, bail bonds and medical services. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Auto collision coverage

This pays for damage to your Ram 50 Pickup resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like sustaining damage from a pot hole, driving through your garage door, hitting a mailbox and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also choose a higher deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Ram 50 Pickup.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Insurance for medical payments

Med pay and PIP coverage provide coverage for bills like surgery, nursing services, hospital visits and pain medications. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Be a money saver!

As you restructure your insurance plan, never sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed full coverage only to find out they didn’t have enough coverage. Your strategy should be to find the BEST coverage for the lowest price while still protecting your assets.

Throughout this article, we presented a lot of tips how to save on 1993 Dodge Ram 50 Pickup insurance. It’s most important to understand that the more times you quote, the better your chances of lowering your rates. You may even discover the best prices are with a smaller regional carrier. Smaller companies may have significantly lower rates on certain market segments than their larger competitors like Allstate and Progressive.

Affordable insurance is attainable on the web and also from your neighborhood agents, and you need to comparison shop both to have the best selection. Some companies may not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

Even more information is available by following these links: