1992 Dodge Ram 50 Pickup Insurance Quotes – 7 Ways to Save

Trying to find better insurance rates for your Dodge Ram 50 Pickup? Shopping for the most affordable insurance on the internet is impossible for beginners to shopping for insurance online. With dozens of choices, how can consumers effectively compare every one to find the cheapest available price?

It’s smart to get comparison quotes quite often because prices go up and down regularly. Just because you had the best rates on Ram 50 pickup coverage two years ago there is a good chance you can find better rates now. Starting right now, block out anything you think you know about insurance because you’re going to learn one of the easiest ways to reduce your cost while increasing coverage.

Buying car insurance is not rocket science. If you are paying for car insurance now, you should be able to lower your premiums substantially using these techniques. Nevertheless, drivers can benefit from knowing how the larger insurance companies compete online and use this information to your advantage.

Compare Auto Insurance Costs

There are several ways of comparing rates from different insurance companies. The fastest way to find competitive 1992 Dodge Ram 50 Pickup insurance rates involves getting comparison quotes online. This can be done in a couple of different ways.

  1. Probably the best way consumers can make multiple comparisons is a comparison rater form click here to open form in new window. This form saves time by eliminating separate quote forms for each company. Just one form will return quotes from many national carriers. Just one form and you’re done.
  2. A more time consuming way to compare rate quotes is spending the time to visit the website for each individual company to complete a price quote. For examples sake, we’ll pretend you want to compare Farmers, State Farm and GMAC. To get rate quotes you would need to take the time to go to each site to input your insurance information, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

  3. The least efficient way of comparing rate quotes is to spend your day driving to insurance agents’ offices. The internet has reduced the need for local agents unless you want the personal advice only provided by licensed agents. You can, however, comparison shop online but buy from a local insurance agent and you’ll learn how to do that later.

It’s up to you how you get prices quotes, just be sure to compare apples-to-apples coverage information for each comparison quote. If your comparisons have different limits and deductibles on each one it will be very difficult to decipher which rate is best. Having just a slight variation in coverages may result in large price differences. And when quoting auto insurance, remember that getting more free quotes provides better odds of finding a better price.

The car insurance bait and switch

Car insurance companies such as Allstate, GEICO and Progressive constantly bombard you with ads on television and other media. They all seem to have a common claim of big savings if you switch to them. But how can every company say the same thing?

All companies can use profiling for the type of driver that makes them money. For instance, a desirable insured might be over the age of 40, a clean driving record, and drives less than 10,000 miles a year. A customer getting a price quote who meets those qualifications will qualify for the lowest rates and most likely will save when they switch companies.

Consumers who do not match the requirements will have to pay more money which usually ends up with business going elsewhere. Company advertisements say “people who switch” not “people who quote” save that kind of money. That is how companies can truthfully make those claims. Because of the profiling, you should compare as many rates as you can. You cannot predict the company that will fit your personal profile best.

Don’t miss these seven discounts

Auto insurance companies do not list every available discount in a way that’s easy to find, so the following is a list of some of the more common and also the lesser-known discounts you could be receiving.

  • Discount for Swiching Early – A few companies offer discounts for switching policies before your current policy expires. The savings is around 10%.
  • Accident Waiver – A few companies permit an accident without raising rates as long as you don’t have any claims for a set time period.
  • Discount for New Cars – Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
  • Paperless Signup – A handful of insurance companies will give a small break just for signing your application digitally online.
  • Payment Discounts – If paying your policy premium upfront instead of paying each month you can actually save on your bill.
  • Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of more than 20%.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy may reduce the rate for each vehicle.

It’s important to note that some of the credits will not apply to the entire cost. Most only cut specific coverage prices like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, you’re out of luck.

To see a list of insurance companies who offer auto insurance discounts, click this link.

When might I need help?

When choosing adequate coverage, there really is no “perfect” insurance plan. Every situation is different.

Here are some questions about coverages that could help you determine if your insurance needs might need an agent’s assistance.

  • How high should my medical payments coverage be?
  • Can my teen drive my company car?
  • Am I covered when driving someone else’s vehicle?
  • Are there companies who specialize in insuring high-risk drivers?
  • Does my 1992 Dodge Ram 50 Pickup qualify for pleasure use?
  • Should I have a commercial auto policy?
  • What is PIP insurance?
  • Am I covered when driving a rental car?
  • What are the best liability limits?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Specifics of your car insurance policy

Having a good grasp of your policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive car insurance – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, a broken windshield, damage from getting keyed, rock chips in glass and fire damage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for liability – Liability insurance protects you from damage that occurs to a person or their property. It protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability insurance covers things like medical expenses, repair costs for stationary objects and emergency aid. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.

Coverage for medical expenses – Med pay and PIP coverage pay for short-term medical expenses for things like hospital visits, X-ray expenses and prosthetic devices. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible

Coverage for uninsured or underinsured drivers – This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Dodge Ram 50 Pickup.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like damaging your car on a curb, driving through your garage door, sideswiping another vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

In the end, you save

Cheap 1992 Dodge Ram 50 Pickup insurance is definitely available online as well as from independent agents, and you should compare price quotes from both to have the best rate selection. Some insurance companies don’t offer the ability to get a quote online and these small insurance companies work with independent agents.

As you shop your coverage around, you should never reduce coverage to reduce premium. There are a lot of situations where someone sacrificed full coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your goal should be to purchase plenty of coverage at the best price, not the least amount of coverage.

We’ve covered a lot of ways to lower your insurance rates. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. You may be surprised to find that the biggest savings come from a small local company.

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