Cheapest Insurance Quotes for a Dodge Ram in Wisconsin

When talking about car insurance, the words “affordable” or “cheap” should not appear as a descriptor for auto insurance rates. Forgive the oxymoron, but cheap auto insurance for a Dodge Ram can be hard, if not impossible, to find. Don’t let that get you down, though, because we will tell you how you can still get auto insurance that you can fit into your budget.

The likelihood of finding affordable coverage for a Dodge Ram in Wisconsin depends upon many different factors like driver age, your credit history, and your choice of deductibles. Wisconsin drivers will pay on average $880 per year to buy Dodge Ram insurance, but that rate is an estimate using cost data for a 40-year-old single female driver that includes full coverage including both comprehensive and collision and $500 physical damage deductibles.

There’s a high likelihood you are not exactly 40 years old and possibly not even female, possibly married instead of single, and maybe your credit level is not the same as what was rated. Have just a small change in policy rating data can cause big changes in the price of coverage.

Auto insurance is unique to each driver, so your best chance at finding the cheapest coverage for your Dodge is to quote often and with as many companies as possible.

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Vehicle trim level tends to have a direct effect on the cost of insurance, so the price you pay to insure a Ram Quad Cab ST 2WD trim level will be $182 less than the insurance cost for the more expensive Ram Quad Cab Laramie 4WD model, as shown in the prices below.

Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Rate quotes do not factor in specific location which can revise premium rates considerably.

Picking a highly-rated car insurance company can be a challenge considering how many companies sell insurance in Wisconsin. The company ratings shown below could help you choose which car insurance companies to look at when comparing insurance rates for a Dodge Ram.

These rankings are only comprised of companies who write in the majority of U.S. states, so companies with more of a regional focus are not factored into the list. If you wish to compare prices from many more Wisconsin auto insurance companies, click here.

Responsible drivers pay cheaper auto insurance rates

In a perfect world, the best way to maintain the cheapest insurance for a Dodge Ram in Wisconsin is to pay attention while driving and avoid getting tickets or having accidents. The diagram below shows how speeding tickets and at-fault claims influence insurance prices for different age groups. The costs are based on a married female driver, full coverage, $250 deductibles, and no discounts are applied to the premium.

In the chart above, the average cost of an auto insurance policy in Wisconsin per year with no violations or accidents is $1,198. Add in one speeding ticket and the average cost swells to $1,394, an increase of $196 each year. Now add two accidents along with the one speeding ticket and the annual cost of auto insurance for a Dodge Ram increases to an average of $3,106. That’s an increase of $1,908, or $159 per month, just for not being more responsible behind the wheel!

Rate comparison of full coverage and liability-only

Finding the cheapest insurance for a Dodge Ram in Wisconsin is important to the majority of vehicle owners, and one way to lower the cost of insurance is to only buy liability insurance. The diagram below illustrates the comparison of auto insurance rates with and without physical damage coverage. The premiums are based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no other discounts are factored in.

If we average the cost for ages 20 through 70, physical damage coverage costs an extra $1,499 per year more than just buying liability only. That amount may make you wonder if it’s worth it to buy full coverage. There isn’t a steadfast formula that works best for making the decision to drop physical damage insurance, but there is a general convention. If the yearly cost of comp and collision coverage is more than about 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.

There are a few cases where removing full coverage is not in your best interest. If you haven’t satisfied your loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not remove full coverage.

Which major car insurance company is best?

When it comes to buying auto insurance, the four most popular companies are Progressive, Geico, Allstate, and State Farm. When combined, they have 48.5% of the entire U.S. car insurance market. They all have your normal coverages like liability, comprehensive, and collision, but each one offers a unique set of features, discounts, and options that buyers can choose from. The table below shows ratings for price, service, and claims, in additional to some of the optional coverages that are available.

Best cheap Dodge Ram insurance quotes

There are a variety of different ways to find affordable auto insurance in Wisconsin, but the three most common are from a captive (or exclusive) agency such as State Farm or Auto-Owners, an independent or non-exclusive agent, or from a direct company like Progressive or Geico. They all have the same end result, but auto insurance buyers need to understand the differences in how they function.

Independent insurance agents work for many companies and can get rate quotes from all of them. They have the ability to provide you with more rate quotes, which may give you the best shot at cutting your rates. If you want to switch companies, the business is moved internally which prevents you from having to switch agents.

An agent who is captive is only able to quote rates with one insurance company, examples being State Farm and Auto-Owners agents. These guys and gals cannot provide other companys’ prices, so you will not be able to compare multiple prices.

Choosing to buy auto insurance direct means you do not use an independent or exclusive agent and buy buying direct from a company like Progressive or Esurance. Buying direct can be a good choice for drivers who do not need high amounts of coverage and know more than average about how auto insurance works and possible exclusions.

Which way works best for finding the cheapest insurance for a Dodge Ram in Wisconsin? We’d like to say buying from a direct company yields the cheapest rates because there is no agent taking a commission, but unfortunately, that is not the case. A good argument could also be made that an independent agency results in the best rates due to more options, but that idea is not necessarily true either. In the right set of circumstances, exclusive agents have extremely competitive rates that other companies cannot beat.

Since auto insurance prices vary so much, the only true way to get rock-bottom rates is to get quotes and compare. Make the effort to get prices from all three to have the best selection of rates to choose from. For a list of auto insurance companies with low rates, click here to view.