1992 Dodge RAM 150 Car Insurance Cost – 7 Ideas for Cheaper Prices

Buyers have options when searching for affordable Dodge RAM 150 insurance. You can either spend your time driving around to get rate comparisons or leverage the internet to compare rates.

There is a right way and a wrong way to shop for insurance coverage so we’re going to tell you the absolute fastest way to compare rates on a Dodge and get the lowest possible price.

Seven discounts for affordable auto insurance quotes

The cost of insuring your cars can be expensive, but there could be available discounts that you may not even know about. Many discounts should be triggered at the time you complete a quote, but some may not be applied and must be requested specifically prior to receiving the credit.

• Service Members Pay Less – Having a deployed family member can result in better auto insurance rates.
• Good Student Discount – This discount may save as much as 25% on a car insurance quote. Many companies even apply the discount to college students until age 25.
• Good Driver Discounts – Safe drivers can get discounts for up to 45% lower rates for RAM 150 insurance than less cautious drivers.
• Multi-Vehicle Discounts – Purchasing coverage when you have multiple cars on the same auto insurance policy can get a discount on all vehicles.
• Passive Restraint Discount – Factory options such as air bags could see savings of 25 to 30%.
• Seat Belts Save more than Lives – Drivers who require all vehicle occupants to buckle up before driving can save 10% or more on the premium charged for medical payments and/or PIP.
• No Charge for an Accident – Not really a discount, but a handful of insurance companies will forgive one accident before your rates go up with the catch being you have to be claim-free for a set time period.

Don’t be surprised that most discount credits are not given to the entire cost. Most only cut the price of certain insurance coverages like comp or med pay. So when the math indicates you would end up receiving a 100% discount, you’re out of luck.

Car insurance companies that may include these money-saving discounts include:

• Geico
• MetLife
• State Farm
• Progressive
• Mercury Insurance
• 21st Century
• Allstate

Double check with every company how you can save money. All car insurance discounts may not apply in your area. To find insurance companies that provide some of the discounts listed above, click here to view.

The method we recommend to compare policy rates is to know the fact car insurance companies provide online access to give rate comparisons. All you need to do is provide information including the type of vehicles you drive, if the car is leased, if you’re married, and how much coverage you want. The rating information is then sent to multiple car insurance providers and they return rate quotes almost instantly.

You may need specialized auto insurance coverage

When choosing the best auto insurance coverage, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs.

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

• Will my insurance pay for OEM parts?
• Should I carry comprehensive and collision coverage?
• Are my friends covered when driving my car?
• Am I insured when driving a different vehicle?
• Is there coverage for injuries to my pets?
• Am I covered when driving in Canada or Mexico?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance coverages

Learning about specific coverages of a insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Uninsured or underinsured coverage

This coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your 1992 Dodge RAM 150.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these coverages are similar to your liability insurance amounts.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for bills for surgery, chiropractic care, pain medications and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Liability coverages

Liability insurance provides protection from damage or injury you incur to other people or property that is your fault. It protects you from legal claims by others. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as loss of income, structural damage, attorney fees and funeral expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive protection

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things such as falling objects, vandalism, theft, hitting a bird and a broken windshield. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision insurance

Collision insurance pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as sideswiping another vehicle, colliding with a tree, scraping a guard rail and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

Spend less. Save more.

People leave their current company for a number of reasons such as being labeled a high risk driver, policy non-renewal, poor customer service and policy cancellation. It doesn’t matter what your reason, switching companies can be easier than you think.

Low-cost 1992 Dodge RAM 150 insurance can be sourced from both online companies as well as from independent agents, and you should be comparing both so you have a total pricing picture. There are still a few companies who may not offer the ability to get quotes online and most of the time these smaller providers only sell through local independent agents.

When trying to cut insurance costs, you should never skimp on coverage in order to save money. There are many occasions where someone dropped physical damage coverage only to find out that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at the best cost, not the least amount of coverage.

Helpful learning opportunities

• Five Tips to Save on Auto Insurance (Insurance Information Insitute)
• Prepare your Teens for Safe Driving (InsureUonline.org)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Safety Belts FAQ (iihs.org)