Compare Dodge Ram 3500 Insurance Rate Quotes in Baltimore

It’s an obvious statement that car insurance companies want to keep you from comparing prices. Drivers who get comparison quotes at least once a year will probably switch companies because the odds are good of finding a lower-priced policy. Remarkably, a study showed that consumers who made a habit of comparing rates saved approximately $3,500 over four years compared to policyholders who don’t make a habit of comparing rates.

If finding discount rates on auto insurance is your ultimate objective, then learning about the best way to shop and compare insurance can help you succeed in saving money.

Really, the only way to find low-cost prices for Dodge Ram 3500 insurance is to compare quotes annually from insurance carriers who sell insurance in Baltimore. Rates can be compared by following these steps.

1. Try to learn a little about how insurance companies determine prices and the changes you can make to prevent high rates. Many factors that result in higher rates such as at-fault accidents and a less-than-favorable credit score can be remedied by making minor changes in your lifestyle.
2. Quote rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like Progressive and State Farm, while independent agents can provide rate quotes for many different companies. Click to view companies
3. Compare the price quotes to your current policy to determine if switching companies saves money. If you find better rates and make a switch, make sure coverage is continuous and does not lapse.
4. Provide written notification to your current company of your intention to cancel your current coverage. Submit a down payment and signed policy application to the new company. Once the application is submitted, put the proof of insurance paperwork with the vehicle registration.

The critical component of shopping around is that you use the same amount of coverage on every price quote and and to get rates from as many auto insurance providers as possible. Doing this ensures the most accurate price comparison and plenty of rates choose from.

All major auto insurance companies allow consumers to get coverage price quotes from their websites. This process is fairly simple because it’s just a matter of typing in your personal and coverage information on the page. Once you submit the form, their quoting system obtains credit information and your driving record and provides a quote. This makes it a lot easier to compare rates and it’s very important to perform this step if you want to get the best rate possible.

To quickly find out how much you can save on auto insurance, consider comparing rates from the companies shown below. To compare your current rates, we recommend you replicate the coverages just like they are on your policy. This helps ensure you are getting an apples-to-apples comparison for exact coverage.

The companies shown below are our best choices to provide price comparisons in Maryland. If your goal is to find cheaper auto insurance in Maryland, we suggest you visit as many as you can to find the most competitive auto insurance rates.

Coverage statistics and figures

The rate table displayed below highlights estimates of insurance coverage prices for Dodge Ram 3500 models. Knowing how auto insurance prices are established is important for drivers to make decisions on the best policy coverages.

Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Table data does not factor in specific Baltimore garaging location which can increase or decrease price quotes significantly.

Policy deductibles

One of the most common insurance questions is how high should the physical damage coverage deductibles be. The data tables below help summarize the rate difference between high and low policy deductibles. The first pricing table uses a $250 deductible for physical damage and the second data table uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Rates do not factor in specific zip code location which can decrease or increase auto insurance rates greatly.

Based on the above data, using a $250 deductible will cost you about $21 more each month or $252 annually averaged for all Ram 3500 models than buying the higher $500 deductible. Since the policyholder would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you have more than 12 months between claim filings, you would save more money if you choose a higher deductible.

The diagram below shows how choosing a deductible and can change Dodge Ram 3500 annual premium costs for different insured age categories. The data assumes a married female driver, full physical damage coverage, and no discounts are taken into consideration.

Poor driving habits will raise your insurance rates

The chart below illustrates how speeding tickets and fender-benders can affect Dodge Ram 3500 car insurance rates for each age group. The costs are based on a married female driver, comp and collision included, $1,000 deductibles, and no discounts are factored in.

Does full coverage make sense?

The information below shows the comparison of Dodge Ram 3500 auto insurance rates with and without full coverage. The premiums assume no tickets, no at-fault accidents, $1,000 deductibles, single status, and no additional discounts are factored in.

Guidelines for dropping full coverage

There is no written rule for dropping physical damage coverage, but there is a general convention. If the yearly cost of full coverage is more than about 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.

For example, let’s assume your Dodge Ram 3500 book value is $4,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would receive is $3,000 after paying the physical damage deductible. If premiums are more than $300 a year for physical damage coverage, then you might want to think about dropping full coverage.

There are some conditions where dropping full coverage is not financially feasible. If you haven’t paid off your loan, you must maintain physical damage coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not remove full coverage.

Get discounts on Baltimore insurance

Some companies don’t list all possible discounts very clearly, so we researched some of the more common and also the lesser-known credits available to bring down your rates.

• Driver Training Discounts – Taking time to complete a defensive driver course could save 5% or more and easily recoup the cost of the course.
• Multiple Policy Discount – If you can bundle your homeowners and auto insurance with the same company they may give you a discount of as much as 10 to 15 percent.
• Early Signing – Some companies provide a discount for switching policies prior to your current Ram 3500 insurance policy expiring. It’s a savings of about 10%.
• Military Deployment Discount – Being deployed in the military could trigger a small discount.
• Low Mileage – Driving fewer miles could qualify for cheaper prices.
• Passenger Safety Discount – Vehicles with factory air bags can qualify for discounts of 20 to 30 percent.
• Federal Government Employee – Simply working for the federal government could cut as much as 10% off with a few insurance companies.

One last thing about discounts, most discounts do not apply to your bottom line cost. Most only cut specific coverage prices like liability, collision or medical payments. Even though it may seem like you could get a free insurance policy, it doesn’t quite work that way.

The example below shows the difference between Dodge Ram 3500 car insurance rates with and without some available policy discounts. The premiums assume a female driver, a clean driving record, no claims, Maryland state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, claim-free, marriage, homeowner, and safe-driver discounts applied.

Larger insurance companies and a summarized list of policyholder discounts can be found below.

• Travelers discounts include save driver, student away at school, home ownership, multi-policy, hybrid/electric vehicle, good student, and multi-car.
• 21st Century offers discounts for good student, theft prevention, automatic seat belts, defensive driver, and student driver.
• State Farm has savings for safe vehicle, Steer Clear safe driver discount, Drive Safe & Save, good driver, student away at school, driver’s education, and defensive driving training.
• GEICO may offer discounts for five-year accident-free, defensive driver, good student, air bags, and daytime running lights.
• SAFECO offers discounts including drive less, multi-car, anti-theft, teen safety rewards, bundle discounts, and accident prevention training.
• AAA policyholders can earn discounts including multi-policy, good student, good driver, pay-in-full, AAA membership discount, education and occupation, and multi-car.

Double check with every prospective company what discounts are available to you. Savings may not apply to policies everywhere. To locate providers who offer discounts in Baltimore, click this link.

Insurance just makes sense

Even though it’s not necessarily cheap to insure a Dodge in Baltimore, insuring your vehicle is not optional due to several reasons.

First, almost all states have compulsory liability insurance requirements which means state laws require a specific level of liability protection if you don’t want to risk a ticket. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if you bought your Ram 3500 with a loan, it’s guaranteed your bank will force you to have full coverage to guarantee loan repayment. If you default on your policy, the bank may buy a policy for your Dodge at a much higher premium rate and require you to fork over the higher price.

Third, insurance safeguards your car and your assets. It also can pay for all forms of medical expenses for yourself as well as anyone injured by you. One of the most valuable coverages, liability insurance, will also pay to defend you if you are named as a defendant in an auto accident. If your Dodge gets damaged, your policy will cover the repair costs.

The benefits of carrying adequate insurance more than cancel out the cost, especially for larger claims. According to a recent study, the average American driver overpays as much as $865 each year so shop around at least once a year to help ensure money is not being wasted.

Local Baltimore auto insurance agents and auto insurance

Many drivers still prefer to talk to an insurance agent. A good thing about comparing rates online is that you can find the lowest rates and still have an agent to talk to. Supporting local insurance agents is still important in Baltimore.

To find an agent, once you fill out this quick form, the coverage information gets sent to agents in your area who will gladly provide quotes for your insurance coverage. You never need to find an agent on your own because prices are sent straight to your inbox. You can find better rates AND an agent nearby. If for some reason you want to quote rates from a specific company, don’t hesitate to jump over to their website to submit a rate quote request.

The different types of auto insurance agents

If you would like to find a good insurance agency, there are a couple of types of insurance agents and how they are distinctly different. Auto insurance agencies are categorized either exclusive or independent (non-exclusive).

Independent Auto Insurance Agencies

Agents that choose to be independent do not work for one specific company so they can quote policies with an assortment of companies and find you the best rates. If they quote lower rates, your agent can just switch to a different company and the insured can keep the same agent.

If you need cheaper auto insurance rates, you should always include several independent insurance agents to maximize your price options.

Featured below is a partial list of independent insurance agencies in Baltimore who can help you get rate quotes.

View more Baltimore agents

Exclusive Insurance Agents

Agents that choose to be exclusive can only provide pricing for a single company and examples are Allstate, State Farm and Farmers Insurance. They generally cannot shop your coverage around so they have to upsell other benefits. Exclusive agents are highly trained in insurance sales and that enables them to sell even at higher rates.

Below are Baltimore exclusive agencies who can help you get comparison quotes.

View more Baltimore agents

Finding the right insurance agent requires more thought than just the bottom line cost. Here are some questions you might want to ask.

• Is there a 24/7 contact number?
• Are they primarily personal or commercial lines agents in Baltimore?
• Is the coverage adequate for your vehicle?
• Do they receive special compensation for putting your coverage with one company over another?
• When do they do a full risk review?
• Which family members are covered?