Cheapest Insurance for a Dodge Ram in Michigan

Your ability to find cheaper insurance for a Dodge Ram in Michigan depends upon a complicated equation that takes into consideration things like whether you are married or single, if you have ever let your policy lapse, and any past driving violations you may have had. Drivers in Michigan on average will pay $2,340 a year to insure a Dodge Ram, but that cost is an estimation that uses a 30-year-old single male who needs full comprehensive and collision coverage and $1,000 policy deductibles.

It’s highly likely you’re not a 30-year-old male, married instead of single, or maybe your Ram doesn’t need comprehensive and collision coverage. What people think is a minor change in the rating input factors can cause big differences in the cost of insurance.

Auto insurance is unique to each driver, so your best chance at finding cheap car insurance rates for your Dodge is to shop around at every renewal for lower rates. Rate quotes are easy and you will be able to compare rates from some of the cheapest companies that insure vehicles in Michigan.

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The specific trim level tends to have a direct effect on the insurance rate, so the price you pay to insure a Ram Quad Cab ST 2WD model will cost $400 less than the insurance cost for the more costly Ram Quad Cab Laramie 4WD model, as shown by the rates below.

Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Michigan minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium amounts do not factor in specific Michigan garaging location which can decrease or increase premiums considerably.

Finding a high-quality auto insurance provider can be challenging considering how many different insurance companies sell coverage in Michigan. The rank data in the next section may help you analyze which insurers to look at when buying insurance for a Dodge Ram.

These ratings are for large, nationwide insurance companies, so companies that may only write in Michigan are not included in these rankings. If you wish to compare rates and find the cheapest rates for a Dodge Ram, click here.

Top 10 Large Auto Insurance Companies Overall in Michigan

1. The Hartford
2. Progressive
3. State Farm
4. Farmers Insurance
5. Safeco Insurance
6. USAA
7. GEICO
8. 21st Century
9. Liberty Mutual
10. AAA Insurance

Top Companies for Dodge Ram Insurance in Michigan

Does full coverage make sense?

Finding the cheapest insurance for a Dodge Ram in Michigan is probably important to most drivers, and a good way to buy cheap insurance is to only buy liability coverage. The illustration below visualizes the comparison of insurance costs with and without full coverage. The information is based on no claims, a clean driving record, $500 deductibles, single marital status, and no discounts are factored in.

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If averaged out across all ages, physical damage coverage on your policy costs $4,456 per year more than just insuring for liability. That is a large expense which might make you wonder if it’s a good idea to buy full coverage. There is no set guideline of when to stop paying for physical damage coverage on your policy, but there is a broad guideline. If the annual cost of coverage is about 10% or more of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.

There are a few cases where only buying liability is not a good idea. If you still owe a portion of the original loan, you must maintain physical damage coverage to satisfy 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 not remove full coverage.

Which auto insurance company is best?

When buying auto insurance, the first places to look would be Geico, Progressive, Allstate, and State Farm. The following table ranks some of the ratings and options shoppers can find with each company.

How to get the cheapest insurance for a Dodge Ram in Michigan

The list below details many penny-pinching ideas that can help Michigan drivers get low-cost coverage.

• Do not insure for full coverage
• Save money by staying claim-free
• Do not get traffic violations
• Choose a safer vehicle and pay lower rates
• Buying home and auto together can help save money
• Maintain a safe distance and avoid accidents
• Compare rate quotes often

That last piece of advice is highly significant, as we pointed out in this write-up. Insurance rates can change considerably in a year, so don’t be unwilling to change to a new company if you can find a cheaper rate.

Brand loyalty is not necessarily bad, but it’s not recommended if that dedication is costing a small fortune year after year. Now is a great time to compare rates to find cheaper auto insurance for a Dodge Ram.

Who has the cheapest Dodge Ram insurance quotes?

You have many ways to get affordable car insurance quotes in Michigan, but the most prevalent methods are through a non-exclusive or independent agent, a captive (or exclusive) agent like State Farm or Liberty Mutual, or direct from companies such as Progressive or Geico.

Each way is similar, but it’s good to know the differences in how they give price quotes.

Independent agents write business for many companies and can compare rates with all of them. These types of agents can quote with many companies and provide you with more rates, which can give you the best idea of how your rates compare. If you want to switch companies, your agent can switch companies and you don’t have to find a new agent.

Exclusive agencies are ‘exlusive’ to just one company like an Auto-Owners or Allstate agent. This type of agents cannot compare other company’s rates, so if their prices are high, they cannot shop around.

The third way to buy car insurance is direct which means you do not use an agent and instead buy direct either online or via phone. Buying car insurance direct may be the best choice consumers who do not need high amounts of coverage and know what specific coverages and deductibles they need.

Which way works best for finding the cheapest insurance for a Dodge Ram in Michigan? The majority of people assume that buying from a direct car insurance company saves the most money since that eliminates agent commissions, but unfortunately, it’s not that cut and dried. A valid argument could also be made that using an independent agent guarantees the cheapest rates because you have more choices, but that assumption is also not necessarily accurate. And often times, the exclusive agents have extremely competitive rates that cannot be met by either independent or direct companies.

Due to the fact that car insurance rates vary so much, the only true way to buy the cheapest policy is to compare rate quotes from as many companies as possible. To cover all the bases, get price quotes from all three in order to be able to find the lowest price. We compiled a list of companies with some of the cheapest online rates that you can click here to view.