Ram Insurance

When you’re shopping for Ram insurance, it’s important to consider all your options to find the best fit for your individual insurance needs.

The best insurance companies offer policyholders convenient and friendly service, along with customizable policies, fast and reliable claims processing, and discounts to reward you for things like safety features, good driving, or low mileage.

The best way to find a great insurance provider is to shop around for quotes, as well as research ratings and reviews on several insurance companies.

While obtaining quotes, it helps to know which elements go into determining auto insurance rates.

Your age, gender, and driving history are all an essential part of the calculation. However, the make and model of your vehicle has an even more considerable influence over the price you pay for your premium.

Insurance companies use this information to calculate the risk associated with your car by considering your car’s safety ratings, the likelihood of theft, and the cost of repairs, to determine the price you pay for insurance.

How Much Does Ram Insurance Cost?

Dodge Ram Insurance Pricing for Ram insurance varies greatly depending on the insurance provider. While some companies offer rates that are unbelievably low, others can be midrange or even expensive. Before you settle on the company with the best rate, it’s essential to do some research and make sure that the company offers adequate coverage for the quoted price.

Additionally, conducting some research to determine how well the company is rated and reviewed among current and previous policyholders is equally essential.

There are several elements of your vehicle which have a significant effect on the price of your insurance rate. Below, you’ll find a breakdown of these elements, as well as some important things to consider when owning and insuring a Ram truck.

Ram Safety Ratings and Damage Threshold

The Insurance Institute for Highway Safety (IIHS) conducts safety testing on hundreds of passenger vehicles each year and publishes these results for the benefit of consumers. It rates each tested car in several categories and assigns one of the following ratings “G” (Good), “A” (Acceptable), “M” (Marginal), or “P” (Poor). Here are some examples of Ram safety ratings.

2018 Ram 1500 Crew Cab Pickup

The 2018 Ram 1500 Crew Cab Pickup received varied results in IIHS safety tests. However, many categories were rated “G,” which might result in a lower price with some insurance companies. It received the following ratings.

CATEGORY RATING
Small Overlap Front — Driver Side M
Moderate Overlap Front G
Side G
Roof Strength M
Head Restraints & Seats G
Headlights M
Child Safety Seat Anchors (Ease of Use) M

2018 Ram 1500 Extended Cab Pickup

Similar to the above example, the 2018 Ram 1500 Extended Cab Pickup tested with varied results. The IIHS assigned the following safety ratings to this truck:

CATEGORY RATING
Small Overlap Front — Driver Side M
Moderate Overlap Front G
Side G
Roof Strength M
Head Restraints & Seats G
Headlights M
Child Safety Seat Anchors (Ease of Use) M

Ram Comprehensive and Collision Coverage

The overall value of your vehicle heavily influences Ram insurance rates. In the event of a total loss, your insurance company would be required to pay out the total cost of your car, less your deductible. Several factors determine your truck’s value, including the make and model, year, condition, and even your geographic location.

Kelley Blue Book (KBB) maintains an up-to-date database of vehicle values for most makes and models.

The examples listed here are based on vehicles located in the Los Angeles 90005 ZIP code, in good condition, with no additional or optional features. According to KBB, the value of a 2012 Ram 1500 Crew Cab Tradesman Pickup 4D 5 1/2 ft is between $16,466 and $19,481.

A newer model, the 2018 Ram Crew Cab Express, has a much higher fair market range between $35,434 and $37,973.

This difference in pricing correspondingly results in a considerable variation in pricing for Ram insurance.

Ram Claims Frequency and Potential to Cause Damage

The IIHS collects claims information and publishes ratings on insurance loss as it pertains to specific vehicles.

This report considers several categories of loss. In the IIHS’s Insurance Loss Report for 2015 to 2017, the Ram 1500 Crew Cab LWB received the following ratings:

LOSS CATEGORY RATING
Collision Average
Property Damage Substantially Worse than Average
Comprehensive Average
Personal Injury Not Rated
Medical Payments Not Rated
Bodily Injury Not Rated

The Ram 1500 SWB 4WD performed much better and received the following ratings:

LOSS CATEGORY RATING
Collision Average
Property Damage Average
Comprehensive Substantially Better than Average
Personal Injury Not Rated
Medical Payments Not Rated
Bodily Injury Not Rated

Ram trucks with lower ratings in these categories are more likely to be subject to higher insurance rates, while those that rate “Average” or better should be considered less risky and therefore, can enjoy lower prices.

Ram Insurance Discounts

Depending on your insurance provider, you might be rewarded with generous discounts for buying a vehicle with the latest safety features.

If you drive a newer Ram, you’ll likely benefit from these discounts. 2019 Ram 1500s come fully equipped with safety features including blind spot monitoring, forward collision warning, bird’s eye view, and adaptive cruise control.

What Are the Best Companies for Ram Insurance?

If you’re shopping for insurance for your Ram—or any other make of vehicle—it’s always wise to ask for quotes from at least three companies.

Additionally, look into how well the company performs with its customers by researching ratings, reviews, and complaint data. Some other factors to think about when choosing your insurance provider include:

  • Financial strength – This may not jump out as important, but a company’s financial strength can determine its ability to fulfill its responsibilities in the case of a disaster, for instance, in which multiple claims may be filed.
  • Company/agent licensing – Checking out company and agent licensing is always a good practice, as it can also lead to finding any official complaint information or legal actions.
  • Customer service – For evident reasons, consumers should always research a company’s customer service. This can help identify any red flags or outsized issues.
  • Comfort level with the representative – Having good rapport with the company representative is often crucial to the customer experience.

Once you’ve settled on a provider and are ready to meet with a representative, make sure to ask some of the following questions to secure the best possible rate for your Ram insurance:

  • Do you offer a discount if I’m accident-free?
  • Will I qualify for a lower rate if my mileage is low?
  • Do you offer a discount if I pay in full or set up automatic payments?
  • Do the safety features of my vehicle make me eligible for lower rates?

What to Know About Ram

Formerly manufactured by Dodge, Ram has been a division of Chrysler since 2008. Ram exclusively makes heavy-duty trucks aimed at full-time truck drivers and tradespeople, while Dodge has continued it’s affiliation with Ram and Chrysler while manufacturing only cars.

Ram trucks are reasonably priced and known for being reliable.

After reading this article, you should have a good understanding of how Ram insurance rates are calculated and feel confident enough to negotiate an affordable policy rate for your truck.

*While we make every effort to keep our site updated, please be aware that “timely” information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.