Average Cost of Dodge Ram 1500 Auto Insurance (2021) - Paul Eisenstein

Are you considering upgrading to a Dodge Ram 1500 full-size pickup truck? If so, then it is important to consider the average cost of Dodge Ram 1500 auto insurance. By doing your research and planning ahead, you can make sure that you do not overpay for auto insurance.

Read on to learn more about coverage for your truck. To go ahead and start getting free quotes from multiple providers in your area, enter your zip code below.

What’s the Average Cost of Dodge Ram 1500 Auto Insurance?

Many factors influence the exact cost of insuring a Dodge Ram 1500. Perhaps the most crucial factor in this equation is your location, particularly your city and state. Average insurance costs vary significantly from state to state and city to city. According to the National Association of Insurance Commissioners, the most expensive locations to purchase auto insurance in are:

Louisiana
Michigan
D.C.
Florida
New York
New Jersey
Rhode Island
Delaware
Nevada
Connecticut

While the state you live in is highly influential over your auto insurance rates, it is not the only factor that matters. If you want to improve your chances of finding cheap truck insurance, you should do your best to maintain a clean driving record. Insurance providers will generally review your driver’s license information, driving history and demographic information when determining how much to charge you for coverage.

For example, a single male driver between the ages of 16 and 24 will likely have higher rates than a married woman in her 40s because young drivers, especially males, are considered high-risk.

Another factor that will influence your Dodge Ram auto insurance cost is the truck’s size and classification. Larger vehicles, such as the full-size Dodge Ram 1500 pickup, are usually more expensive to insure than standard sedans since they have more expensive parts and have a greater propensity to cause severe property damage in the event of an accident. Full-size trucks are also more costly to register in many states, such as Florida.

How the Dodge Ram 1500’s Cost Affects Auto Insurance Rates

As discussed above, many factors influence the cost of insuring a Dodge Ram 1500. According to Edmunds.com, the Dodge Ram 1500’s MSRP ranges from $32,795 to $70,195. This broad range is owing to the multiple trim levels available for the Ram 1500. Some of the most popular high-end trims include the Laramie, Big Horn and Longhorn.

As a general rule, the more expensive the vehicle, the higher your premium will be. The price of your car impacts the cost of collision and comprehensive insurance because more expensive vehicles cost more to repair or replace in the event of an accident.

How Dodge Ram 1500 Theft Rates Affect Auto Insurance

The Dodge Ram 1500 is a popular and trendy pickup truck. Unfortunately, it is also popular among car thieves. In fact, according to the National Insurance Crime Bureau, the 1500 was eighth on the list of most stolen vehicles in 2019.

Also noteworthy is that in 2019, over 11,000 Dodge pickups were stolen. When creating your insurance policy, providers will take these statistics into account. On the bright side, these figures will not affect your rates as much if you live in a rural or low-crime area.

Tips for Saving Money on Dodge Ram 1500 Auto Insurance

Most major insurance providers offer discounts that can potentially save you hundreds on Dodge Ram 1500 auto coverage. Some ways to earn a discount include:

Insuring multiple vehicles
Having multiple drivers on your plan
Taking a safe driving course
Earning good grades in school as a student
Bundling homeowners and auto insurance
Being a government employee

Insurers also give discounts for certain safety features. The 2020 Dodge Ram 1500 was an IIHS top safety pick, meaning it includes many of the safety features that insurance providers look for. These features include side airbags, high crash test ratings, anti-lock brakes, stability control and anti-theft devices.

Another way to reduce your car insurance rates is to opt for a higher deductible. If you are a safe driver and have never been involved in a crash, this can be a great way to save money and reduce car insurance costs. Just make sure that you feel comfortable with your level of coverage should the worst happen and you find yourself in an accident.

In addition, you should make sure that you shop around and compare multiple rates. Do not jump at the first offer you receive, although it may be tempting to do so. Instead, take your time to find the perfect coverage option for your needs.

How Much Auto Insurance Do I Need for My Dodge Ram 1500?

Every state sets its own truck insurance requirements for minimum liability coverage. For instance, the minimum insurance requirements for California will be different from those in Florida.

While you will need the minimum liability coverage, it is usually a good idea to purchase additional protection. If your vehicle was financed, you will likely need full coverage auto insurance. If you plan on using your Dodge Ram 1500 for making deliveries or working for a rideshare service, you will also want to consider specialty rideshare insurance.

If your truck is older, you may not need as much coverage. For example, comprehensive and collision insurance are not worth the cost of a vehicle that is over 10 years old. Instead, you might want to opt for liability coverage, collision coverage and bodily injury coverage.

Some other add-ons you may want to consider are mechanical breakdown insurance, roadside assistance and GAP insurance coverage. These offerings are not suitable for everyone. It is vital to strike a good balance between value and practicality when picking your insurance coverage options.

Our Recommendations for Auto Insurance

Ready to start comparing car insurance quotes on Dodge Ram 1500 auto insurance? Keep reading for our top recommendations for insurance, and enter your zip code into the rate comparison tool below to start comparing free quotes.

GEICO: Best Overall

GEICO was awarded the Best Overall auto insurance company title by our experts. It received a cumulative score of 9.5 out of 10.0 in our industry review. The insurer offers mechanical breakdown coverage, rideshare coverage and more. If you are looking for plenty of discount options and flexible coverage, this may be the insurance provider for you.

USAA: Best for Military Families

USAA earned a cumulative score of 8.9 out of 10.0 in our review. We awarded it the designation of Best for Military Families. The company offers usage-based coverage options and has stellar customer service and an outstanding industry reputation. The only downside is that its coverage is only available to military members and their immediate families.

FAQ: Average Cost of Dodge Ram 1500 Auto Insurance

Is auto insurance more expensive for diesel trucks?

Typically, auto coverage is more expensive for diesel trucks like the Ram 2500. The fact that this class of trucks uses diesel engines is one reason for this higher cost. However, it’s not the only reason. In general, diesel trucks are also more expensive to produce and they incorporate heavy-duty components, which means they will also be more costly to repair or replace in the event of an accident.

How much does your driving record impact your Dodge Ram 1500 auto insurance rates?

Your driving record will significantly impact your insurance rates. If your driver’s license has ever been suspended, or if you have received multiple tickets, your rates will likely be higher. Being involved in an at-fault traffic accident or being convicted of a DUI will also impact your auto insurance rates.

Is the Dodge Ram 1500 a good truck?

Yes, the Dodge Ram 1500 is considered to be a good truck. It is an IIHS top safety pick and is one of the top-selling trucks in the nation.

How much will it cost to repair my Dodge Ram 1500?

The cost of repairing your Dodge Ram 1500 will vary depending on many factors. According to RepairPal, the average annual repair cost for a Dodge Ram 1500 is approximately $670. Again, there is a lot of room for variation depending on your individual usage and other circumstances.

Methodology

The Detroit Bureau collects data from every major car insurance provider to formulate rankings of the best insurers. Our in-depth rating system considers market share, coverage, pricing, customer satisfaction, and ratings from industry experts. Each insurer is given a weighted score in four categories and an overall score out of 10.0.

We recommend auto insurance companies based on these rankings, but we also encourage you to perform your own research and compare quotes to find the best coverage.

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