Save on 2006 Dodge Ram Pickup 1500 Insurance Cost

Want the cheapest car insurance rates for your Dodge Ram Pickup 1500? Finding lower premiums on car insurance is always nearly impossible for people who are new to shopping for insurance online. You have so many choices that it can turn into a challenge to find lower rates.

This information will instruct you on the most effective way to quote insurance. If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these tips. But car owners must know how big insurance companies determine prices.

Lesser-known factors impacting Dodge Ram Pickup 1500 insurance rates

An important part of buying insurance is that you know the factors that help determine insurance coverage rates. Understanding what controls the rates you pay empowers consumers to make smart changes that can help you get big savings.

The following are some of the factors used by your company to calculate your rates.

  • Poor driving leads to higher costs – Good drivers tend to pay less for car insurance than their less careful counterparts. Even a single ticket can increase rates twenty percent or more. Drivers who get dangerous violations such as DWI, reckless driving or hit and run convictions may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent a license revocation.
  • Do you need the policy add-ons? – There are quite a few extra coverages that can waste your money on your 2006 Ram Pickup 1500 policy. Coverages like rental car reimbursement, accident forgiveness and additional equipment coverage may be wasting your money. These may sound like a good investment when you first buy your policy, but now you might not need them so get rid of them and save.
  • Drive a safer car and pay less – Safer cars can get you lower premiums. These vehicles have better occupant injury protection and any reduction in injury severity means lower claim amounts and lower rates for you. If the Dodge Ram Pickup 1500 scored better than four stars on Safercar.gov you are probably receiving a discount.
  • Men are more aggressive – Statistics show that women are safer drivers than men. However, this does not mean men are WORSE drivers than women. Women and men have accidents at a similar rate, but the male of the species have costlier accidents. Men also tend to get more serious tickets like DUI and reckless driving. Young males tend to get in the most accidents and are penalized with high insurance coverage rates.

Don’t pay full price with these discounts

Car insurance is not cheap, but there are discounts available that you may not know about. Most are applied when you get a quote, but some may not be applied and must be asked about prior to getting the savings.

  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
  • Senior Citizens – Mature drivers may receive better auto insurance rates for Ram pickup insurance.
  • College Student – Children who are attending college and do not have a car may qualify for this discount.
  • Safety Course Discount – Taking part in a course teaching defensive driving skills could cut 5% off your bill if you qualify.
  • Life Insurance – Select insurance companies reward you with a discount if you purchase life insurance.

Keep in mind that most discounts do not apply to the entire policy premium. Some only reduce specific coverage prices like comp or med pay. So even though it sounds like adding up those discounts means a free policy, companies don’t profit that way. But any discount will cut your premiums.

For a list of insurance companies offering auto insurance discounts, click here.

The fine print in car insurance ads

Companies like State Farm, Geico and Progressive constantly bombard you with ads on TV and radio. All the ads have a common claim that you’ll save big if you switch to them. How do they all make the same claim?

Different companies have a preferred profile for the type of driver that is profitable for them. For instance, a driver they prefer might be over the age of 50, is a homeowner, and has a short commute. A customer that hits that “sweet spot” will get very good rates and as a result will probably pay quite a bit less when switching companies.

Potential insureds who don’t measure up to the “perfect” profile will be charged more money and this can result in business not being written. Company advertisements say “drivers who switch” not “everyone that quotes” save that much money. That’s why companies can state the savings.

That is why you need to compare as many rates as you can. Because you never know which car insurance company will provide you with the cheapest Dodge Ram Pickup 1500 insurance rates.

Your personal situation dictates your coverage

When buying adequate coverage for your vehicles, there isn’t really a “best” method to buy coverage. Every situation is different.

These are some specific questions could help you determine if your situation will benefit from professional help.

  • Am I insured when driving a different vehicle?
  • Should I waive the damage coverage when renting a car?
  • What should my uninsured motorist coverage limits be in my state?
  • Is my Dodge Ram Pickup 1500 covered if I use it for business?
  • Does medical payments coverage apply to all occupants?
  • Does my insurance cover a custom paint job?
  • When would I need additional glass coverage?
  • Do I need motorclub coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form.

Coverage specifics

Learning about specific coverages of a auto insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Collision coverages – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like damaging your car on a curb, crashing into a ditch and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also choose a higher deductible to bring the cost down.

Auto liability – Liability coverage provides protection from damages or injuries you inflict on other’s property or people. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as repair bills for other people’s vehicles, bail bonds and pain and suffering. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for expenses for chiropractic care, X-ray expenses, pain medications, rehabilitation expenses and hospital visits. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Comprehensive insurance – Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as damage from getting keyed, vandalism, a tree branch falling on your vehicle and a broken windshield. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM) – 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 and damage to your Dodge Ram Pickup 1500.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

In conclusion

Cheap 2006 Dodge Ram Pickup 1500 insurance is possible online as well as from independent agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance providers don’t offer online price quotes and these regional insurance providers work with independent agents.

As you shop your coverage around, it’s very important that you do not buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced full coverage only to discover later that the small savings ended up costing them much more. Your focus should be to buy enough coverage for the lowest price.

Throughout this article, we presented many tips how you can compare insurance prices online. The most important thing to understand is the more rate quotes you have, the better your chances of lowering your rates. You may even discover the lowest priced insurance coverage comes from a company that doesn’t do a lot of advertising.

Helpful resources