Who Has Cheap Auto Insurance for a Dodge Ram in Baltimore?

Finding cheap insurance for a Dodge Ram in Maryland is pretty simple for most people to do, but it depends on many rating criteria such as your age, the condition of your credit, and if you have tickets or violations. Maryland drivers will pay on average $1,039 a year to insure their Ram, but that price is a projection based upon a 50-year-old married male driver with both comprehensive and collision coverage and $1,000 deductibles.

When projecting a rate like this, the problem is that you’re not a 50-year-old male, possibly single instead of married, and maybe you have sub-par credit that needs to be factored in. Just a minor difference in rating criteria can result in a big discrepancy in the cost of a policy.

Everyone has unique insurance needs, and this illustrates why the only way to find the cheapest coverage for your Dodge is to do your own rate comparisons. Quotes are always free and you will receive rate quotes from some of the best insurers around.

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Your Dodge’s trim level will influence the cost of coverage, so the price you pay to insure a Ram Quad Cab ST 2WD trim level will cost $190 less than the price to insure the higher-end Ram Quad Cab Laramie 4WD version, as shown by the rates below.

Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Premium amounts do not factor in vehicle garaging location which can alter coverage prices considerably.

Trying to find low-priced auto insurance is not the easiest thing to accomplish, and finding out which insurers offer the cheapest car insurance rates for a Dodge Ram will involve even more shopping around. Every car insurance company uses their own formula to set their prices, so we’ll take a look at the most budget-friendly car insurance companies in Baltimore.

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USAA normally has some of the lowest car insurance rates in Baltimore at around $930 annually. Liberty Mutual, Penn National, Erie, and State Auto also rank well as some of the most economical Baltimore, MD car insurance companies.

As shown above, if you currently have coverage with Liberty Mutual and switched to USAA, you may see yearly savings of roughly $162. Customers with Penn National may save as much as $174 a year, and Erie customers might reduce prices by as much as $185 a year.

To discover how much you can save, click here to start your custom quote or visit several of the following companies.

Remember that these premium estimates are averaged for all types of insureds and vehicles and and are not calculated with a specific location for a Dodge Ram. So the auto insurance company that is best suited for you may not even be in the top 16 companies in the list above. That point stresses why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.

The diagram below shows how different deductible levels can raise or lower insurance costs when searching for cheap insurance for a Dodge Ram. The costs are based on a married male driver, full physical damage coverage, and no discounts are factored in.

A 50-year-old driver could save $406 a year by changing from a $100 deductible up to a $500 deductible, or save $616 by switching to a $1,000 deductible. Younger drivers, like the 20-year-old example, could potentially save up to $1,352 or more by selecting a higher deductible. When choosing a higher deductible, it’s a good idea to have plenty of money set aside to be able to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.

Should you buy full coverage?

Finding cheaper car insurance is probably important to the majority of vehicle owners, and an effective way to find cheaper insurance for a Dodge Ram is to not insure for full coverage. The diagram below shows the comparison of auto insurance costs with liability coverage only compared to full coverage. The rate quotes are based on no violations or claims, $1,000 deductibles, single marital status, and no policy discounts are applied.

On average, full coverage costs $2,190 per year more than carrying just liability coverage. Many drivers will wonder when is it safe to stop buying full coverage. There isn’t a written rule to eliminate comp and collision coverage, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is 10% or more of replacement cost minus your deductible, then you may need to consider dropping full coverage.

For example, let’s assume your vehicle’s replacement cost is $6,500 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would receive is $5,500 after the deductible is paid. If you are paying more than $550 annually for full coverage, then you might want to think about dropping full coverage.

Safe drivers Baltimore pay cheaper rates

The easiest way to earn the most affordable car insurance rates for a Ram pickup is to be a safe driver and avoid accidents and keep your driving record clean. The diagram below demonstrates how citations and accidents can impact premium costs for different ages of insureds. The information is based on a single female driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.

The data in the chart shows the average cost of an auto insurance policy per year with no accidents or violations is $2,225. Receive one speeding ticket and the average cost rises to $2,526, an increase of $301 each year. Next add one accident along with the one speeding ticket and the yearly cost of car insurance for a Dodge Ram increases to an average of $3,354. That’s an increase of $1,129, or $94 per month, just for a couple of infractions!