Save on Dodge Ram Insurance in Detroit

Unbelievably, almost 70% of insureds kept their policy with the same company for well over three years, and almost half have never compared quotes from other companies. Most drivers in Michigan could save up to $3,800 a year, but they don’t want to take the time to compare rate quotes.

Insurance quote for Dodge Ram in DetroitIf you want to save money, the best way to find cheaper car insurance rates in Detroit is to start doing a yearly price comparison from insurers who provide auto insurance in Michigan. You can compare prices by following these steps.

One key aspect of rate comparisons is to make sure you’re comparing the same coverage limits and deductibles on every quote request and and to analyze as many car insurance companies as possible. Doing this helps ensure an accurate price comparison and a thorough price selection.

If you have a policy now or are shopping for new coverage, use these cost-cutting techniques to get lower rates without having to cut coverage. Locating the most affordable protection in Detroit can be fairly easy. Smart shoppers only need to know the most efficient way to quote multiple rates over the internet.

Cutting your Detroit auto insurance rates can be quick and easy. All that’s required is to take a few minutes comparing free Detroit car insurance quotes to discover which company has cheaper Detroit car insurance quotes.

The following companies have been selected to offer free quotes in Detroit, MI. If multiple companies are listed, we suggest you compare several of them to get the lowest price.

Dodge Ram insurance analysis

The coverage table shown next showcases different rate quotes for Dodge Ram models. Knowing how insurance policy premiums are formulated can be useful when making informed decisions when comparing rate quotes.

Dodge Ram Insurance Rates in Detroit, MI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Ram Quad Cab ST 2WD $376 $464 $1022 $60 $306 $2,228 $186
Ram Quad Cab TRX4 Off Road 2WD $424 $566 $1022 $60 $306 $2,378 $198
Ram Quad Cab SLT 2WD $424 $566 $1022 $60 $306 $2,378 $198
Ram Crew Cab ST 2WD $424 $566 $1022 $60 $306 $2,378 $198
Ram Quad Cab ST 4WD $424 $566 $1022 $60 $306 $2,378 $198
Ram Crew Cab SLT 2WD $424 $566 $1022 $60 $306 $2,378 $198
Ram Crew Cab TRX 2WD $424 $566 $1022 $60 $306 $2,378 $198
Ram Quad Cab SLT 4WD $424 $566 $1022 $60 $306 $2,378 $198
Ram Crew Cab ST 4WD $424 $566 $1022 $60 $306 $2,378 $198
Ram Crew Cab Sport 2WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Quad Cab Sport 2WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Quad Cab TRX4 Off Road 4WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Crew Cab TRX 4WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Crew Cab SLT 4WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Quad Cab Laramie 2WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Crew Cab Laramie 2WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Crew Cab Sport 4WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Quad Cab Sport 4WD $472 $666 $1022 $60 $306 $2,526 $211
Ram Crew Cab Laramie 4WD $472 $768 $1022 $60 $306 $2,628 $219
Ram Quad Cab Laramie 4WD $472 $768 $1022 $60 $306 $2,628 $219
Get Your Own Custom Quote Go

Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Michigan minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Estimates do not factor in your specific Detroit location which can influence price quotes significantly.

Impact of speeding/accidents on auto insurance rates

The illustration below illustrates how speeding tickets and accidents raise Dodge Ram premium costs for different insured age categories. The prices are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied to the premium.

Cost comparison with and without full coverage

The illustration below shows the difference between Dodge Ram annual premium costs with full coverage compared to only the Michigan minimum liability coverage. The premiums assume no accidents, no driving violations, $500 deductibles, marital status is single, and no other discounts are factored in.

Are you wasting money on full coverage?

There is no set rule of when to eliminate physical damage coverage, but there is a general guideline. If the yearly cost of comp and collision coverage is 10% or more of replacement cost minus your deductible, then it could be time to drop full coverage.

For example, let’s pretend your Dodge Ram settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $5,000 after paying your deductible. If premiums are more than $500 annually to have full coverage, then you might want to think about dropping full coverage.

There are some conditions where dropping full coverage is not in your best interest. If you haven’t satisfied your loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should maintain full coverage.

Why you need quality insurance for your Ram

Even though it can be expensive, insuring your vehicle is most likely required but also gives you several important benefits.

First, almost all states have minimum liability requirements which means it is punishable by state law to not carry a specific minimum amount of liability in order to license the vehicle. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your vehicle, most lenders will stipulate that you have physical damage coverage to guarantee loan repayment. If you do not pay your insurance premiums, the bank may buy a policy for your Dodge at a significantly higher premium and force you to pay for the expensive policy.

Third, auto insurance protects both your Dodge and your personal assets. It will also provide coverage for medical expenses for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, also covers legal expenses if anyone sues you for causing an accident. If your Dodge gets damaged, comprehensive (other-than-collision) and collision coverage will cover the repair costs.

The benefits of having auto insurance definitely exceed the price paid, particularly when you have a large claim. Today the average American driver is overpaying more than $869 every year so compare quotes from several companies each time the policy renews to save money.

Car insurance coverage information

Knowing the specifics of a auto insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages offered by auto insurance companies.

Auto liability

This coverage protects you from damage that occurs to other people or property in an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 20/40/10 that means you have $20,000 in coverage for each person’s injuries, a limit of $40,000 in injury protection per accident, and property damage coverage for $10,000.

Liability coverage protects against claims like court costs, emergency aid, loss of income and medical expenses. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford. Michigan state law requires minimum liability limits of 20/40/10 but drivers should carry better liability coverage.

The illustration below demonstrates why buying the state minimum limits may not be enough.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for expenses like prosthetic devices, surgery, chiropractic care and dental work. They are utilized in addition to your health insurance policy or if you do not have health coverage. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like rock chips in glass, a broken windshield, a tree branch falling on your vehicle and hail damage. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law (20/40/10), their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Collision insurance

This pays for damage to your Ram resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as damaging your car on a curb, colliding with another moving vehicle, colliding with a tree, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible on your Ram in order to get cheaper collision rates.