How Much is Insurance for a Dodge Ram in Idaho?

The chances of buying the cheapest auto insurance for a Dodge Ram in Idaho depends on a complicated rating formula that uses factors like how many years you have been driving, the condition of your credit, and if you have a history of accidents. Idaho drivers pay an average rate of $840 annually to insure a Dodge Ram, but that price is an approximation calculated using a 40-year-old married male driver that included comprehensive and collision coverage and $250 physical damage deductibles.

It’s highly likely you aren’t exactly 40 years old or even a male, possibly single instead of married, or maybe you have a teenager that needs to be on your policy. Using even a minor difference in policy rating factors could result in a significant change in policy price.

Everyone has different rating factors, so the best method for finding the most affordable coverage for your Dodge is to get into the habit of shopping around regularly. Get your free quotes now and you can get prices from some of the cheapest companies around.

Cheapest Dodge Ram Insurance Rates

The trim level of your vehicle will influence the coverage cost, so the rate you will pay to insure a Ram Quad Cab ST 2WD trim level will be $194 lower than the price to insure the higher-end Ram Quad Cab Laramie 4WD version, as shown by the rates below.

Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Idaho minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Price estimates do not factor in zip code location which can decrease or increase premiums substantially.

Deciphering which company has the cheapest car insurance rates for a Dodge Ram will require a tad more effort in order to find the best policy. Each company uses a little different formula to set premium rates, so let’s examine the most affordable car insurance companies in Idaho.

It’s important that readers know that Idaho car insurance rates are based on many factors that control the price of your policy. Improving your credit score, moving to a new city, or getting into an accident can produce rate changes resulting in some rates now being more affordable than before.

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American National generally has some of the most affordable car insurance rates in Idaho at around $244 a year. Farm Bureau of ID Group, USAA, Oregon Mutual, and Travelers would also be considered some of the most economical Idaho insurance companies.

In the above rates, if you buy coverage from USAA and switched to American National, you might realize an annual savings of in the neighborhood of $302. Insureds with Oregon Mutual may save as much as $428 a year, and Travelers customers might see rate reductions of $435 a year.

To see if you’re overpaying, click here to get a free quote or visit several of the following companies.

Understand that those premiums are averaged for all insureds and vehicles and do not take into consideration a specific rate value for a Dodge Ram. So the insurer that can offer you the best rate may not even be featured in the above list. That point stresses why you need to compare rates from multiple companies using your own driver and vehicle profiles.

Comparison of full coverage and liability-only policies

Finding cheap insurance for a Dodge Ram in Idaho is the goal of most people, and one of the fastest ways to pay less for insurance is to not buy comprehensive and collision coverage. The example below shows the difference between insurance premiums when comparing full coverage to liability only. The premiums assume no violations or accidents, $500 deductibles, marital status is single, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $500 Deductibles’, ‘Liability Only’],[‘Age 20’, 2773,953],[‘Age 30’, 1441,525],[‘Age 40’, 1421,487],[‘Age 50’, 1297,457],[‘Age 60’, 1255,449],[‘Age 70’, 1535,599]]);var options = {title: ‘Full Coverage Rates Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Dodge Ram in Idaho’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

Averaged for all ages 20 through 70, full coverage costs an extra $1,620 per year over and above liability only. Lot’s of drivers question if it’s a good idea to buy full coverage. There is no set guideline to eliminate comp and collision coverage, but there is a general convention. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.

For example, let’s say your vehicle’s replacement cost is $10,500 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $9,500 after paying your policy deductible. If you are paying in excess of $950 a year for comprehensive and collision coverage, then it could be time to drop full coverage.

There are a few situations where removing full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not drop full coverage.

Comparing rates on Ram insurance can save you money

Idaho car insurance rates are impacted by many factors which can substantially change the price you have to pay. Simply having another birthday, adding a teenager to your policy, or getting a speeding ticket can cause premium changes resulting in some rates now being cheaper than competitors.

Additionally, companies modify pricing as often as every quarter in order to be able to pay unexpected claims. A period of increased losses may cause high rates, while long-term profits may cause lower-cost Ram insurance rates.

To help illustrate this point, the bar chart below compares the cheapest car insurance in Idaho for a 40-year-old female driver with no accidents, a clean driving record, and great credit. When quoting prices based on her personal profile, American National might quote the best car insurance rates in Idaho at $237 annually. This is $788 less than the average premium paid by Idaho drivers of $1,025. Farm Bureau of ID Group, USAA, Oregon Mutual, and Travelers also make the list of the cheapest Idaho auto insurance companies.

google.charts.setOnLoadCallback(drawIDWitcqcibChart);function drawIDWitcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘American National’, 237, ‘#187C6B’],[‘Farm Bureau of ID Group’, 528, ‘#146759’],[‘USAA’, 552, ‘#10554A’],[‘Oregon Mutual’, 672, ‘#0D463D’],[‘Travelers’, 679, ‘#0A3A32’]]);var options = {title: ‘Best Auto Insurance Rates for a Dodge Ram’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:779,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwitc’));chart.draw(view, options);}

In this example, we will give the driver in the first chart some claims, less-than-perfect credit, and a couple of points charged on her driving record. Because every insurance company has a unique formula to determine rates, comparing insurance quotes could now result in a different ranking of the cheapest Idaho car insurance companies as shown below.

google.charts.setOnLoadCallback(drawIDWcqcibChart);function drawIDWcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘Auto-Owners’, 783.2, ‘#F58700’],[‘The Hartford’, 823.9, ‘#CC7000’],[‘Farm Bureau of ID Group’, 844.8, ‘#AA5D00’],[‘American National’, 879.2, ‘#8D4D00’],[‘USAA’, 883.2, ‘#754000’]]);var options = {title: ‘Cheapest Rates After Accident/Violation’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 300,’chartArea’:{left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:983.2,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwc’));chart.draw(view, options);}

Auto-Owners now has the lowest car insurance rate in Idaho with The Hartford, Farm Bureau of ID Group, American National, and USAA also being competitive. This example demonstrates why consumers need to take the time to take the time to shop around to find the most affordable car insurance quotes for a Dodge Ram. Car insurance prices consist of many risk factors and change frequently, so the cheapest company three years ago may now be one of the higher cost companies.

How to find cheaper car insurance for a Dodge Ram

Below you’ll find a few thrifty ideas that can help Idaho drivers locate low-cost coverage.

• Prevent price hikes by avoiding at-fault accidents
• Keep your driving record clean
• Do not file small claims
• Safe vehicles cost less to insure
• Maintaining good credit helps earn cheaper rates
• Compare rates once a year for cheaper prices

That last piece of advice is especially valuable, as we emphasized in the prior article. Auto insurance prices can change significantly in a year, so drivers shouldn’t be resistant to buy a policy from a new company if a better rate can be found. Brand loyalty is great, but it’s not recommended if that loyalty results in overpaying hundreds every year. In just a couple of minutes you could compare prices to find cheaper insurance for a Dodge Ram.