Expensive car insurance can empty your checking account and require stricter spending habits. Shopping your coverage around is a smart way to lower your monthly bill.
Companies like Allstate and Progressive all claim big savings with ad campaigns and consumers find it hard to ignore the promise of big savings and find the best price available.
Some providers don’t necessarily list every discount they offer very well, so we took the time to find both the well known as well as the least known discounts that you can inquire about if you buy insurance online.
A little note about advertised discounts, most discounts do not apply to all coverage premiums. Most cut individual premiums such as medical payments or collision. Even though it appears all the discounts add up to a free policy, you’re out of luck.
The best insurance companies and their possible discounts can be found below.
When getting a coverage quote, ask all companies you are considering which credits you are entitled to. Some discounts listed above might not apply in every state. For a list of insurance companies that offer discounts, follow this link.
Getting a cheaper price on 2003 Dodge Ram Pickup 1500 insurance is surprisingly easy. All you need to do is take the time comparing free insurance quotes online with multiple companies. Price comparisons can be done using one of these methods.
For a list of links to insurance companies in your area, click here.
However you get your quotes, be sure to compare equivalent coverage limits with each company. If you compare different data it’s impossible to determine which company has the best rates.
Smart consumers have a good feel for the factors that help calculate insurance rates. If you have a feel for what determines premiums, this allows you to make good choices that could help you find cheaper rates.
When it comes to buying proper insurance coverage, there isn’t really a one size fits all plan. Everyone’s situation is unique so your insurance should reflect that For instance, these questions may help highlight if your insurance needs will benefit from professional help.
If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.
Understanding the coverages of a car insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages found on the average car insurance policy.
Collision coverage covers damage to your Ram Pickup 1500 resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.
Collision can pay for claims such as hitting a parking meter, damaging your car on a curb and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.
This pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things such as hail damage, vandalism, hitting a bird and fire damage. The most 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.
Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for X-ray expenses, EMT expenses, funeral costs and doctor visits. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage
This coverage protects you and your vehicle from other motorists when they 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 Pickup 1500.
Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
This provides protection from damage that occurs to a person or their property by causing an accident. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.
Liability insurance covers things like medical expenses, court costs and pain and suffering. How much coverage you buy is your choice, but consider buying higher limits if possible.
As you prepare to switch companies, do not buy less coverage just to save a little money. There have been many situations where someone sacrificed liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to purchase plenty of coverage at the lowest possible cost, but do not sacrifice coverage to save money.
Cheaper 2003 Dodge Ram Pickup 1500 insurance is available from both online companies and from local insurance agents, so you need to quote insurance with both so you have a total pricing picture. Some insurance companies do not provide price quotes online and most of the time these regional insurance providers prefer to sell through independent agencies.
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