Finding competitive insurance for a Dodge Ram doesn’t take a lot of effort, but it hinges on a lot of rating factors such as your gender, if you are a frequent claim filer, and your choice of physical damage deductibles. Drivers in Oklahoma pay around $1,713 per year for Ram insurance, but that is a projection based on a 50-year-old single male driver with full physical damage coverage and $250 deductibles.
The issue that arises when projecting rates is that it’s very likely that you’re not a 50-year-old male, you might be married instead of single, and you don’t want the same coverages and limits as the example. Have just a small change in rating factors or requested coverage amount could end up in a significant change in rates.
This illustrates why the way we recommend to find cheap car insurance rates for your Dodge is to compare as many rates as possible.
Cheapest Dodge Ram Insurance Rates
The specific model of Ram tends to impact the yearly cost, so the price you will pay to insure a Ram Quad Cab ST 2WD trim level will cost $398 less than the cost to insure the fancier Ram Quad Cab Laramie 4WD trim level, as shown below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Ram Quad Cab ST 2WD||$298||$494||$572||$34||$172||$1,570||$131|
|Ram Quad Cab TRX4 Off Road 2WD||$336||$602||$572||$34||$172||$1,716||$143|
|Ram Quad Cab SLT 2WD||$336||$602||$572||$34||$172||$1,716||$143|
|Ram Crew Cab ST 2WD||$336||$602||$572||$34||$172||$1,716||$143|
|Ram Quad Cab ST 4WD||$336||$602||$572||$34||$172||$1,716||$143|
|Ram Crew Cab SLT 2WD||$336||$602||$572||$34||$172||$1,716||$143|
|Ram Crew Cab TRX 2WD||$336||$602||$572||$34||$172||$1,716||$143|
|Ram Quad Cab SLT 4WD||$336||$602||$572||$34||$172||$1,716||$143|
|Ram Crew Cab ST 4WD||$336||$602||$572||$34||$172||$1,716||$143|
|Ram Crew Cab Sport 2WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Quad Cab Sport 2WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Quad Cab TRX4 Off Road 4WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Crew Cab TRX 4WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Crew Cab SLT 4WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Quad Cab Laramie 2WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Crew Cab Laramie 2WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Crew Cab Sport 4WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Quad Cab Sport 4WD||$374||$708||$572||$34||$172||$1,860||$155|
|Ram Crew Cab Laramie 4WD||$374||$816||$572||$34||$172||$1,968||$164|
|Ram Quad Cab Laramie 4WD||$374||$816||$572||$34||$172||$1,968||$164|
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Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Price estimates do not factor in specific location information which can decrease or increase coverage prices considerably.
Finding out which company quotes the lowest-priced auto insurance rates for a Dodge Ram calls for more time in order to find the most economical policy. Every car insurance company has a unique approach for setting rates, so we need to take a look at the most budget-friendly auto insurance companies in Oklahoma.
It’s important that you understand Tulsa auto insurance rates are impacted by many things that will increase or decrease the policy price. Simply getting older, adding a teenager to your policy, or getting a few speeding tickets may generate price changes resulting in some companies being much cheaper than others.
Best Auto Insurance Prices for Your Ram Truck
|Rank||Company||Cost Per Year|
|2||Oklahoma Farmers Union||$1,202|
|11||OK Farm Bureau||$2,058|
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USAA quotes some of the cheapest car insurance rates in Tulsa at around $1,150 annually. Oklahoma Farmers Union, The Hartford, GEICO, and Safe Auto are also some of the most economical Tulsa, OK car insurance companies.
As shown above, if you have coverage with The Hartford and switched to USAA, you could realize a yearly savings of approximately $183. Customers with GEICO might save as much as $203 a year, and Safe Auto policyholders might lower prices by $269 a year.
To get a fast rate comparison, click here to start your free quote or quote rates from the companies below.
Understand that those policy prices are averaged for all types of insureds and vehicles and do not take into consideration a specific vehicle garaging location for a Dodge Ram. So the auto insurance company that fits your situation best may not even be in the top 17 companies in the list above. That is why you need to compare prices as often as possible using your own driver data and vehicle information.
Discounts on Tulsa auto insurance rates
Auto insurance companies that provide coverage for a Dodge Ram may additionally offer special discounts that could potentially reduce rates by 35% or more if you meet specific eligibility requirements. Companies and some of their more popular discounts are shown below.
- State Farm includes discounts for good student, accident-free, safe vehicle, multiple autos, student away at school, driver’s education, and good driver.
- GEICO has discounts for driver training, federal employee, daytime running lights, air bags, military active duty, and multi-vehicle.
- Liberty Mutual offers discounts for teen driver discount, multi-policy, new graduate, multi-car, hybrid vehicle, and good student.
- The Hartford policyholders can earn discounts including driver training, good student, anti-theft, air bag, vehicle fuel type, and defensive driver.
- MetLife offers premium reductions for accident-free, defensive driver, good student, multi-policy, and claim-free.
- Progressive may have discounts that include multi-vehicle, continuous coverage, online signing, multi-policy, and online quote discount.
The chart below illustrates the comparison of insurance costs with and without discounts applied. The costs are based on a male driver, no claims or driving citations, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with multiple vehicle, anti-theft, claim-free, marriage, defensive driving course, and safe-driver discounts applied. When discounts are factored in, theamount saved on auto insurance for a Dodge Ram is 28% or $720.
The illustration below demonstrates how deductibles can affect insurance costs when quoting cheap insurance for a Dodge Ram. The prices are based on a married male driver, comp and collision included, and no discounts are factored in.
A 50-year-old driver could lower their policy premium by $326 a year by increasing from a $100 deductible up to a $500 deductible, or save $496 by choosing a $1,000 deductible. Even younger drivers, like the Age 20 category, could roll back prices up to $1,076 annually by using a higher deductible.
When choosing a higher deductible, it is a good idea to have additional savings on hand to enable you to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Does it make sense to buy full coverage?
Paying less for auto insurance is important to most people, and one of the easiest ways to find cheap insurance for a Dodge Ram is to buy liability only. The example below illustrates the difference between car insurance rates with liability coverage only compared to full coverage. The data is based on no accidents or driving violations, $250 deductibles, single status, and no other discounts are factored in.
If we average all the age groups together, full coverage costs $3,251 per year more than just insuring for liability. That is a large expense and it proposes the question if full coverage is worth the money. There isn’t a written rule to stop paying for physical damage coverage on your policy, but there is a general guideline. If the annual cost of coverage is about 10% or more of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
There are some cases where removing full coverage is not a good idea. If you still owe money on your vehicle, you have to keep full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not drop full coverage.