Looking for cheaper insurance coverage rates for your Dodge Ram Van? No one likes having to buy insurance coverage, in particular when they are paying too much. Lots of insurers contend for your insurance dollar, so it’s not easy to compare every provider to discover the definitive lowest cost out there.
The price of auto insurance can be rather high, but there are discounts available to reduce the price significantly. Most are applied at the time you complete a quote, but some must be manually applied prior to getting the savings. If you don’t get every credit you qualify for, you’re just leaving money on the table.
It’s important to understand that most discounts do not apply to the entire policy premium. Most only apply to individual premiums such as physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, it doesn’t quite work that way. Any amount of discount will reduce the amount you have to pay.
Insurance companies that may offer these discounts are:
It’s a good idea to ask each company which discounts they offer. All car insurance discounts may not be available in your area.
Smart consumers have a good feel for the factors that help determine your car insurance rates. Understanding what influences your rates allows you to make educated decisions that will entitle you to better car insurance rates.
The following are a few of the “ingredients” companies use to determine prices.
When buying proper insurance coverage, there is no one size fits all plan. Every insured’s situation is different so this has to be addressed. Here are some questions about coverages that can help discover if you would benefit from an agent’s advice.
If it’s difficult to answer those questions but a few of them apply, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.
Understanding the coverages of insurance helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Shown next are the normal coverages offered by insurance companies.
Uninsured/Underinsured Motorist coverage
This gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Dodge Ram Van.
Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Frequently these coverages are set the same as your liablity limits.
Auto liability
This coverage protects you from damage that occurs to other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.
Liability can pay for things like court costs, funeral expenses, repair bills for other people’s vehicles, loss of income and structural damage. How much coverage you buy is a decision to put some thought into, but you should buy as high a limit as you can afford.
Comprehensive coverage
This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like a tree branch falling on your vehicle, vandalism and damage from getting keyed. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Collision coverage protection
Collision coverage pays for damage to your Ram Van caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims such as damaging your car on a curb, backing into a parked car, crashing into a building and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.
Medical payments coverage and PIP
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as chiropractic care, X-ray expenses, rehabilitation expenses, nursing services and doctor visits. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Cheap 1995 Dodge Ram Van insurance can be found online in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who do not provide online quoting and these regional insurance providers work with independent agents.
As you restructure your insurance plan, make sure you don’t reduce coverage to reduce premium. There have been many situations where consumers will sacrifice liability coverage limits and found out when filing a claim they didn’t purchase enough coverage. Your focus should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.
Throughout this article, we presented some good ideas how you can shop for insurance online. It’s most important to understand that the more you quote, the better your comparison will be. You may be surprised to find that the best prices are with the smaller companies. These companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive or Geico.