Who Has the Cheapest Cincinnati Car Insurance Rates for a Dodge Ram?

Finding competitive coverage for a Dodge Ram is dependent upon a whole bunch of factors such as whether you own a home, where you live, and citations or violations on your driving record. Ohio drivers pay on average $870 a year for Ram insurance, but that is an approximation based upon a 30-year-old single male driver with full physical damage coverage and $500 deductibles.

More likely than not, you aren’t exactly 30 years old or even a male, possibly married instead of single, or you just want cheap liability insurance instead of full coverage. Even a minor change in policy rating criteria or coverages can make a big difference in the coverage rate.

Everone’s needs are different, and this illustrates why the best way to find the most affordable coverage for your Dodge is to do the rate comparisons yourself.

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The trim level of your Dodge will likely have an effect on the coverage cost, so the price to insure a Ram Quad Cab ST 2WD trim level will be $170 less than the cost to insure the fancier Ram Quad Cab Laramie 4WD model, as shown in the prices below.

Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Estimates do not factor in specific garaging location which can lower or raise auto insurance rates greatly.

Finding decent, affordable auto insurance is not the easiest thing to do, and finding out which insurers offer the most affordable car insurance rates for a Dodge Ram takes additional perseverance. Every auto insurer has their own formula for determining prices, so let’s begin by taking a look at the most affordable car insurance companies in Cincinnati.

It’s important to understand that Cincinnati car insurance rates are influenced by many factors that will increase or decrease your annual premium. That is why consumers need to take the time to perform an extensive rate comparison when trying to get the cheapest car insurance rates for a Dodge Ram. Rates can be altered by many things and can increase or decrease at any time, so the best option three years ago may now be costing you a lot of money.

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Utica National normally has some of the best car insurance rates in Cincinnati at around $628 a year. This is $412 less than the average premium paid by Ohio drivers of $1,040. Erie, Allied, Frankenmuth, and Travelers also rank well as some of the cheaper Cincinnati, OH auto insurance companies.

In the above rates, if you are a policyholder with Frankenmuth and switched to Erie, you could earn an annual premium reduction of upwards of $47. Insureds with Travelers might save as much as $65 a year, and USAA customers might cut rates by $80 a year.

These premium estimates are averages for all drivers and vehicles in Ohio and and are not figured with an exact vehicle garaging location for a Dodge Ram. So the car insurance company that has the cheapest rates for you may not even be in the top 33 companies in the list above. That affirms the importance of why you need to compare as many prices as possible using your own individual information.

Rate comparison of full coverage and liability-only

Reducing premiums for car insurance should be important to the majority of drivers, and an easy way to save on the cost of insurance for a Dodge Ram is to buy liability only. The diagram below illustrates the difference between insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Ohio. The information is based on no violations or accidents, $500 deductibles, drivers are single, and no discounts are factored in.

If averaged for all ages, comp and collision coverage costs $1,379 per year more than carrying just liability coverage. Many drivers will wonder when is the right time to remove full coverage. There is no clear-cut rule of when to eliminate comp and collision coverage, but there is a broad guideline. If the annual cost of your full coverage insurance is 10% or more of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.

For example, let’s say your vehicle’s claim settlement value is $4,500 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $3,500 after the deductible is paid. If you are currently paying more than $350 annually to have full coverage, then it might be time to consider dropping full coverage.

There are a few situations where buying only liability insurance is not a good idea. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should keep full coverage in place.

The diagram below demonstrates how deductible levels can raise or lower insurance premiums when trying to find cheap insurance for a Dodge Ram. The information is based on a single male driver, full physical damage coverage, and no additional discounts are factored in.

As shown above, a 30-year-old driver could reduce rates by $334 a year by increasing from a $100 deductible up to a $500 deductible, or save $504 by using a $1,000 deductible. Younger drivers, like the 20-year-old example, could roll back prices $986 each year by choosing larger deductibles on their policy.

When raising deductibles, it is essential to have spare funds to allow you to cover the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.

Get discount Cincinnati auto insurance

Insurers that provide policies for a Dodge Ram could also offer rate discounts that may potentially lower prices by as much as 35% or more if you meet specific eligibility requirements. A list of car insurance companies and a selection of discounts can be found below.

• GEICO offers premium reductions for emergency military deployment, five-year accident-free, defensive driver, good student, anti-lock brakes, and air bags.
• Travelers discounts include good student, multi-car, early quote, new car, and continuous insurance.
• Nationwide includes discounts for easy pay, accident-free, family plan, multi-policy, defensive driving, anti-theft, and business or organization.
• Farmers Insurance offers discounts including bundle discounts, switch companies, business and professional, distant student, good student, and pay in full.
• Esurance may include discounts for Switch & Save, safety device, DriveSense, defensive driver, and Pac-12 alumni.
• State Farm may have discounts that include multiple autos, Steer Clear safe driver discount, multiple policy, accident-free, and passive restraint.
• Progressive may offer discounts for online quote discount, multi-vehicle, multi-policy, online signing, continuous coverage, good student, and homeowner.
• Mercury Insurance has discounts for age of vehicle, multi-car, accident-free, annual mileage, and professional/association.

The example below shows the difference between insurance costs with and without policy discounts. The premiums assume a male driver, no tickets, no at-fault accidents, Ohio state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with anti-theft, multiple policy, accident-free, defensive driving course, marriage, and multiple vehicle discounts applied. When drivers qualify for the discounts, theaverage yearly reduction on car insurance for a Dodge Ram is 28% or $364.

If you aren’t sure which coverage you need and prefer to have the advice of a professional agent when shopping around for cheaper insurance for a Dodge Ram, the insurance agencies below are willing to provide answers to your questions and help you determine which policy is best.

To locate an agency close to where you live, click the button below the list.

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