2002 Dodge Ram Cargo Insurance Cost

Expensive car insurance can drain your checking account and force you to make sacrifices. Shopping your coverage around is a great way to cut your insurance bill. Numerous insurers battle for your hard-earned dollar, and it can be difficult to compare rates to get the lowest price

You should take the time to do rate comparisons at least once a year because prices are usually higher with each renewal. Even if you think you had the lowest rates on Ram Cargo coverage a year ago other companies may now be cheaper. Ignore everything you know about car insurance because you’re about to learn the quickest way to properly buy coverages while reducing your premium.

How to save on Dodge Ram Cargo insurance

The price of auto insurance can be rather high, but you may find discounts to help offset the cost. Certain discounts will be triggered automatically when you complete an application, but some may not be applied and must be asked for prior to receiving the credit. If you aren’t receiving every discount available, you are throwing money away.

  • Auto/Life Discount – Larger companies have lower rates if you buy a life insurance policy as well.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Organization Discounts – Participating in certain professional organizations could qualify you for a break when shopping for auto insurance on Ram Cargo coverage.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts can receive discounts of more than 20%.
  • No Accidents – Drivers who don’t have accidents pay less as compared to frequent claim filers.
  • Federal Government Employee – Employees or retirees of the government could cut as much as 10% off on Ram Cargo coverage with certain companies.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less on Ram Cargo coverage than less cautious drivers.
  • Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and therefore earn up to a 10% discount.

A little note about advertised discounts, some credits don’t apply to all coverage premiums. Most only cut the price of certain insurance coverages like comp or med pay. So despite the fact that it appears you would end up receiving a 100% discount, companies don’t profit that way. Any qualifying discounts will reduce the amount you have to pay.

For a list of insurance companies with the best auto insurance discounts, follow this link.

Insurance Coverage Quote Comparison

Effectively comparing insurance coverage prices can be a daunting task if you don’t understand the most efficient way to do it. You can spend your afternoon talking to insurance agencies in your area, or you can utilize online quoting to maximize your effort.

Most car insurance companies are enrolled in a marketplace that allows shoppers to submit their information once, and each participating company provides a quote based on that information. This system prevents you from having to do quote forms for every insurance coverage company.

To compare pricing click to open in new window.

One minor caviat to using this type of system is buyers cannot specifically choose the companies you want to price. So if you prefer to choose specific insurance companies to compare prices, we have a listing of companies who write insurance coverage in your area. View list of insurance companies.

Whichever method you choose, double check that you are using identical coverages and limits for each comparison quote. If you compare differing limits it will be impossible to determine the best price for your Dodge Ram Cargo.

Tailor your coverage to you

When choosing adequate coverage for your personal vehicles, there isn’t really a perfect coverage plan. Every insured’s situation is different so your insurance needs to address that. For example, these questions can help discover if your situation would benefit from an agent’s advice.

  • What is covered by UM/UIM coverage?
  • Is my cargo covered for damage or theft?
  • Can I afford low physical damage deductibles?
  • What is roadside assistance coverage?
  • What can I do if my company denied a claim?
  • Why do I need rental car insurance?
  • Do I have any recourse if my insurance company denies a claim?
  • Can I afford to pay high deductible claims out of pocket?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Should I drop comprehensive coverage on older vehicles?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It only takes a few minutes and you can get the answers you need.

Coverages available on your insurance policy

Knowing the specifics of your insurance policy can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and coverage can change by endorsement. Shown next are typical coverages found on most insurance policies.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Dodge Ram Cargo.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Most of the time these limits do not exceed the liability coverage limits.

Medical expense coverage

Med pay and PIP coverage pay for short-term medical expenses for things like ambulance fees, rehabilitation expenses and prosthetic devices. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Coverage for liability

This coverage will cover injuries or damage you cause to other people or property by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as repair costs for stationary objects, bail bonds, legal defense fees and structural damage. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hail damage, falling objects and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as hitting a mailbox, crashing into a ditch, colliding with a tree, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

One last thing

As you go through the steps to switch your coverage, do not buy lower coverage limits just to save a few bucks. In many cases, an insured cut physical damage coverage only to regret at claim time they didn’t purchase enough coverage. Your focus should be to buy a smart amount of coverage at the best price while still protecting your assets.

Throughout this article, we presented many tips how you can get a better price on 2002 Dodge Ram Cargo insurance. The key thing to remember is the more providers you compare, the better likelihood of reducing your rate. You may even find the best price on insurance is with some of the smallest insurance companies. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm and Allstate.

Budget-conscious insurance is definitely available both online and with local insurance agents, so you should compare both to have the best chance of lowering rates. Some companies do not offer online price quotes and usually these small, regional companies provide coverage only through local independent agents.

Additional information is located at these links: