Compare Dodge Ram Insurance Rates in Cincinnati

It’s an obvious assumption that auto insurance companies don’t want policyholders to shop around. People who shop around for the cheapest price will probably switch auto insurance companies because there is a great chance of finding a lower-cost company. A recent auto insurance study revealed that drivers who compared prices regularly saved as much as $3,450 over four years compared to people who never shopped around for lower prices.

If finding the lowest price for car insurance in Cincinnati is why you’re here, learning how to compare cheaper coverage can help make the process easier.

The preferred way to find the cheapest price for Dodge Ram insurance in Cincinnati is to make a habit of comparing prices annually from insurance carriers who sell auto insurance in Ohio.

Step 1: Try to learn a little about how auto insurance works and the things you can change to keep rates in check. Many policy risk factors that cause rate increases like tickets, at-fault accidents, and a negative credit history can be controlled by improving your driving habits or financial responsibility. Read the full article for information to prevent rate hikes and get bigger discounts.

Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from one company like GEICO and State Farm, while independent agencies can provide prices for many different companies.

Step 3: Compare the new rates to the premium of your current policy to see if cheaper Ram coverage is available in Cincinnati. If you can save money, make sure there is no lapse in coverage.

Step 4: Provide written notification to your current company to cancel your current auto insurance policy and submit payment and a signed application to the new company. Make sure you put the new proof of insurance paperwork above your visor, in the console, or in the glove compartment.

One thing to remember is to compare similar deductibles and liability limits on every quote and and to get price quotes from as many auto insurance providers as possible. Doing this enables an accurate price comparison and a complete price analysis.

If you’re already insured or need new coverage, you can use this information to lower your rates and possibly find even better coverage. Finding the best-priced coverage in Cincinnati is not as time-consuming as you think. Drivers just have to use the most efficient way to compare price quotes using one simple form.

The providers in the list below have been selected to offer quotes in Ohio. If multiple companies are listed, it’s a good idea that you visit two to three different companies to get the best price comparison.

Cheap Dodge Ram insurance rates in Cincinnati

Auto insurance companies do not list every discount available in an easy-to-find place, so we break down some of the more common as well as some of the hidden ways to save on auto insurance.

• Theft Prevention System – Cars and trucks equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and can earn a small discount on your policy.
• Employee of Federal Government – Having worked for a branch of the government may reduce rates when you quote Cincinnati car insurance with certain companies.
• First Accident Forgiveness – This one is not really a discount per se, but companies like Allstate, State Farm and GEICO may permit one accident without raising rates if you have no claims for a set time period.
• Telematics Discount – Drivers that enable their insurance company to analyze vehicle usage by using a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if their driving habits are good.
• Multi-car Discount – Buying insurance for multiple vehicles with the same auto insurance company can reduce the rates for all insured vehicles.
• Claim-Free Discount – Insureds who avoid accidents and claims pay much less in comparison with drivers with a long claim history.

You can save money using discounts, but most discounts do not apply to your bottom line cost. Most cut the cost of specific coverages such as collision or personal injury protection. Despite the appearance that you can get free auto insurance, it doesn’t quite work that way.

The information below compares Dodge Ram yearly insurance costs with and without discounts. The premiums are based on a male driver, no claims, a clean driving record, Ohio state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, claim-free, homeowner, and safe-driver discounts applied.

A few of the larger companies and their possible discounts are:

• Farmers Insurance may have discounts that include pay in full, switch companies, multi-car, distant student, homeowner, and good student.
• Esurance offers discounts for safety device, multi-car, anti-theft, claim free, and multi-policy.
• State Farm offers discounts including good driver, Drive Safe & Save, defensive driving training, safe vehicle, and good student.
• GEICO discounts include membership and employees, anti-theft, emergency military deployment, air bags, multi-vehicle, anti-lock brakes, and military active duty.
• Allstate policyholders can earn discounts including eSmart discount, good payer, safe driver, economy car, premier plus, 55 and retired, and passive restraint.

Before purchasing a policy, check with every company how you can save money. Some of the discounts discussed earlier might not be offered on policies everywhere. To locate insurance companies with the best discounts in Ohio, click here to view.

Dodge Ram coverage statistics

The table displayed below showcases detailed analysis of prices for Dodge Ram models. Having a good grasp of how insurance prices are established can be of help when making informed decisions when shopping around for a new policy.

Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium amounts do not factor in specific garaging location which can alter coverage rates greatly.

Liability only or full coverage

The diagram below illustrates the comparison of Dodge Ram insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Ohio. The rates are based on no violations or claims, $500 deductibles, drivers are not married, and no discounts are applied to the premium.

Are you wasting money paying for full coverage?

There is no exact formula of when to eliminate full coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is more than about 10% of the settlement you would receive from your company, then it could be time to drop full coverage.

For example, let’s assume your Dodge Ram replacement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would receive is $3,000 after paying your policy deductible. If you are currently paying more than $300 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are some scenarios where removing full coverage is not recommended. If you haven’t satisfied your loan, you have to maintain full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not buy liability only.

Which auto insurance company is best in Cincinnati?

Buying coverage from the best insurance company can be a challenge considering how many companies are available to choose from in Cincinnati. The rank data below could help you analyze which insurers to look at shopping your coverage with.

Top 10 Cincinnati Car Insurance Companies Overall

1. USAA
2. 21st Century
3. GEICO
4. Nationwide
5. AAA Insurance
6. Liberty Mutual
7. Safeco Insurance
8. State Farm
9. Travelers
10. American Family

Top 10 Cincinnati Car Insurance Companies Ranked by Customer Service

1. Nationwide
2. State Farm
3. Safeco Insurance
4. American Family
5. Titan Insurance
6. Travelers
7. Liberty Mutual
8. GEICO
9. Erie Insurance
10. Allstate

How Car Insurance Companies Determine Dodge Ram Insurance Prices

Many different elements are considered when you quote your car insurance policy. Most are fairly basic like an MVR report, although others are less apparent such as your credit history and annual miles driven. Part of the insurance buying process is learning some of the factors that help determine the rates you pay for insurance. If you know what determines premiums, this empowers consumers to make smart changes that could result in big savings.

Shown below are some of the things insurance companies consider when setting your premiums.

Eliminate add-on coverages – There are a ton of add-on coverages that you can buy if you aren’t careful. Coverages for roadside assistance, high-cost glass coverage, and additional equipment coverage are probably not needed. They may seem like a good idea when discussing your needs, but now you might not need them so get rid of them and save.

Traffic violations increase rates – Drivers who don’t get tickets get better rates as compared to those with violations. Even one speeding ticket or other violation may cause rates to rise forty percent or more. Drivers who get dangerous violations such as hit and run, DWI or reckless driving convictions are required to file a proof of financial responsibility form (SR-22) with their state DMV in order to drive a vehicle legally.

The illustration below illustrates how traffic citations and at-fault accidents can affect Dodge Ram premium costs for each different age group. Data assumes a single female driver, full coverage, $100 deductibles, and no discounts are taken into consideration.

Youthful drivers are expensive to insure – Mature drivers are proven to be safer behind the wheel, cause fewer claims and accidents, and get fewer tickets. Teenage drivers are known to be easily distracted when driving therefore insurance rates are much higher.

The next chart is based on a single driver, full coverage with $1000 deductibles, and no discounts or violations.

Multiple policies with one company can save – The majority of insurance companies will award discounts for people that buy multiple policies, otherwise known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. If you currently are using one company, you may still want to shop around to ensure the best deal.There is a good possibility that you can save more without the discount by insuring with multiple companies.

Male prices may be higher – The statistics show that females tend to be a little less risky than males. This data doesn’t prove that men are worse drivers. They both are responsible for fender benders at a similar rate, but men cause more damage and cost insurance companies more money. In addition to higher claims, males also get more serious tickets like driving under the influence (DUI). Teenage male drivers generally have the highest accident percentage so they pay the highest premiums.

The information below shows the difference between Dodge Ram insurance costs for male and female drivers. The rate quotes are based on a clean driving record, no claims, comprehensive and collision coverage, $500 deductibles, drivers are single, and no other discounts are factored in.

Advanced alarms and GPS tracking – Buying a car that has an advanced theft prevention system can earn a premium discount. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder car theft.

Keep insurance rates low by being claim-free – Car insurance companies in Ohio give better rates to drivers who do not file claims often. If you file claims often, you can look forward to either a policy non-renewal or much higher rates. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.