How Much Does Insurance Cost for a Dodge Ram in Maryland?

When we talk about car insurance, the words “affordable” or “cheap” should never be used as a descriptor for auto insurance rates. It’s a simple fact that cheap car insurance for a Dodge Ram can be hard, if not impossible, to find. But don’t despair, because we will show you how you can still get insurance that is easy on your budget.

Your ability to find cheaper car insurance for a Dodge Ram in Maryland is dependent upon a complex formula that considers things like how far you drive to work, whether or not you have had gaps between policies, and driving citations. Drivers pay approximately $1,130 a year to insure a Dodge Ram, but that rate is an estimate assuming a 40-year-old married male driver who purchased both comprehensive and collision coverage and $1,000 physical damage deductibles.

But there is a good chance that you are not 40 years old and maybe not even male, you might be single instead of married, or maybe you have a teen driver on your policy that needs to be considered. Each driver’s needs are different, and that demonstrates why the only way to find the cheapest rates for your Dodge is to just take the time to do a thorough rate comparison. To start saving now, get free quotes and you will receive prices from some of the cheapest companies that sell coverage in Maryland.

Compare Dodge Ram Insurance Rates

The trim level of your vehicle will influence the cost of insurance, so the cost to insure a Ram Quad Cab ST 2WD model will cost $210 less than the cost to insure the more well-appointed Ram Quad Cab Laramie 4WD trim level, as shown in the prices below.

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Table data does not factor in garaging location in Maryland which can impact premiums substantially.

Finding low-priced car insurance is tough enough, and figuring out which company has the lowest-priced auto insurance rates for a Dodge Ram will involve even more perseverance. Each auto insurer has a different process for establishing rates, so let’s take a look at the auto insurance companies with the most affordable rates in Maryland.

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USAA may have some of the cheapest car insurance rates in Maryland at around $948 a year. Liberty Mutual, Penn National, Erie, and State Auto also make the cut as some of the lowest-priced Maryland auto insurance companies.

As illustrated above, if you are currently insured with Liberty Mutual and switched to USAA, you could see a yearly price reduction of in the vicinity of $177. Insureds with Penn National could save as much as $178 a year, and Erie insureds might reduce rates by $213 a year.

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

Bear in mind that those prices are averaged across all types of insureds and vehicles and and are not figured with a specific rating modification for a Dodge Ram. So the auto insurance company that has the cheapest price for you may not even be shown in the above rate chart. That point stresses why you need to compare prices as often as possible using your own driver information and specific vehicle type.

Should you buy full coverage?

Finding cheap insurance for a Dodge Ram in Maryland is important to most drivers, and one way to find cheaper insurance is to buy liability only. The illustration below visualizes the comparison of yearly insurance costs with full physical damage coverage compared to only buying liability only. Data assumes no claims or driving citations, $100 deductibles, drivers are not married, and no policy discounts are applied.

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If we average all the age groups together, physical damage coverage costs an extra $2,960 per year over having just liability coverage. Lot’s of drivers question if it’s worth it to buy full coverage. There is no written rule that works best for making the decision to drop full coverage, but there is a general guideline you can use. If the yearly cost of full coverage is 10% or more of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

There are some conditions where dropping full coverage is not advised. If you still owe money on your vehicle, you have to carry full coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not eliminate full coverage.

Which car insurance company is best?

If you’re looking for the cheapest car insurance, the most popular companies are Geico, State Farm, Progressive, and Allstate. Combined they make up over 48% of the entire U.S. auto insurance market. All four offer physical damage and liability coverage, but each has slightly different coverage options that shoppers can select from. The data below breaks down pricing and service ratings, plus some optional coverages that are available.

How to find cheaper insurance for a Dodge Ram

Lowering your rates is not difficult, and here are a few penny-pinching ideas that can help Maryland drivers quote cheap car insurance.

• Tickets and violations raise rates
• Buy your auto and home insurance from the same company and save
• Being accident-free can lower rates significantly
• Too many claims can make car insurance unaffordable
• Vehicles with good safety ratings are usually cheaper to insure
• Ensure you have the best deal by shopping around regularly

The last tip in the list is incredibly vital, as was affirmed in this piece. Insurance prices in Maryland change constantly, so you should be ready to buy a different policy if a cheaper rate is available. Staying with the same company for years is fine, but it’s not a great idea if that loyalty ends up costing lots of money. In just a few minutes you could compare rates to find cheaper auto insurance for a Dodge Ram.