Save Money on Dodge Ram 3500 Insurance in Anchorage

The most effective way to find affordable Dodge Ram 3500 insurance in Anchorage is to annually compare prices from providers that insure vehicles in Alaska. Rate comparisons can be done by completing these steps.

1. Try to learn about policy coverages and the measures you can control to drop your rates. Many risk factors that drive up the price such as your driving record and an unfavorable credit rating can be eliminated by making minor driving habit or lifestyle changes. Continue reading for instructions to prevent expensive rate increases and get additional discounts that may be available.
2. Request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive or Allstate, while independent agencies can quote prices from multiple sources. Start a quote
3. Compare the new quotes to your existing coverage and see if you can save money. If you find a lower rate and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Tell your current company to cancel the current policy and submit a completed application and payment to your new carrier. Once coverage is bound, put the proof of insurance paperwork along with the vehicle’s registration papers.

A valuable tip to remember is to compare identical coverages on every price quote and and to get quotes from as many companies as feasibly possible. This provides a fair price comparison and a complete rate analysis.

Inconceivable but true, almost 70% of drivers in Alaska have been with the same company for well over three years, and nearly 40% of drivers have never quoted rates to find affordable coverage. Drivers in the United States could cut their rates by $860 a year just by comparing rates, but they assume it’s a waste of time to compare rates online.

If you have a policy now or are looking for a new policy, take advantage of these tips to shop for the lowest rates while maintaining coverages. This article’s goal is to teach you a little about the most effective way to quote insurance and some money-saving tips. Comparison shoppers just need to know how to compare company rates instantly.

How to buy Dodge Ram 3500 insurance in Anchorage

Lowering your Dodge Ram 3500 insurance rates is surprisingly easy. Drivers just need to spend a few minutes on the computer comparing free Anchorage car insurance quotes online from several insurance companies.

The providers in the list below are ready to provide free rate quotes in Alaska. If you want to find cheaper car insurance in Alaska, we recommend you visit as many as you can to get a more complete price comparison.

Dodge Ram 3500 coverage analysis

The rate table displayed next covers different rate quotes for Dodge Ram 3500 models. Having a better idea how car insurance prices are calculated can assist in making informed decisions when comparing rate quotes.

Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Rate quotes do not factor in Anchorage location which can decrease or increase prices considerably.

Can higher deductibles save money?

When buying car insurance, a common question is how high should your deductibles be. The data tables below can help you visualize the rate difference when you choose different insurance deductibles. The first set of prices uses a $100 comprehensive and collision deductible and the second price chart uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Information does not factor in zip code location which can influence auto insurance rates considerably.

Using the data above, we can ascertain that using a $100 deductible costs approximately $25 more each month or $300 every year across all Dodge Ram 3500 models than quoting the higher $500 deductible. Because you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you average at a minimum 16 months between claim filings, you would save more money if you choose a higher deductible.

Three main reasons to buy auto insurance

Despite the fact that auto insurance is not cheap in Anchorage, insurance is not optional due to several reasons.

• Just about all states have mandatory liability insurance requirements which means you are required to buy a minimum amount of liability if you don’t want to risk a ticket. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your Dodge Ram 3500 with a loan, most lenders will stipulate that you have comprehensive coverage to guarantee loan repayment. If you let the policy lapse, the bank may insure your Dodge at a much higher premium rate and make you pay much more than you were paying before.
• Auto insurance protects both your car and your personal assets. It also can pay for most medical and hospital costs incurred in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.

The benefits of carrying enough insurance are without a doubt worth the cost, especially when you need to use it. An average driver in America overpays more than $820 a year so it’s important to compare rates at every renewal to make sure the price is not too high.

Smart Consumers Save Every Year

Many things are used when you get your auto insurance bill. Some are pretty understandable such as traffic violations, but other factors are more transparent such as whether you are married or how safe your car is. A large part of saving on car insurance is knowing some of the factors that help calculate your policy premiums. If you know what positively or negatively impacts your premiums, this helps enable you to make changes that may reward you with big savings.

• Traffic violations inflate costs – Having a clean driving record impacts your car insurance rates tremendously. Good drivers get better rates as compared to those with violations. Having a single ticket could increase your next policy renewal by as much as thirty percent. Drivers with license-revoking citations like DUI or reckless driving may be required to file a proof of financial responsibility form (SR-22) with their state in order to legally drive.

  The illustration below demonstrates how speeding tickets and at-fault accidents increase Dodge Ram 3500 auto insurance costs for each different age group. The premium estimates are based on a married male driver, full coverage, $250 deductibles, and no discounts are applied.

• Do females or males drive better? – Statistics show that women are safer drivers than men. However, this does not mean women are better drivers. Females and males have fender benders at a similar rate, but the men get into accidents with more damage. Men also tend to get more serious tickets like DUI and reckless driving. Young men ages 16 to 20 generally have the highest accident percentage and therefore pay the highest rates.

  The example below visualizes the comparison of Dodge Ram 3500 insurance rates for male and female drivers. The rates are based on no claims or violations, comprehensive and collision coverage, $500 deductibles, single status, and no additional discounts are factored in.

• Poor credit can mean higher rates – A driver’s credit score will be a significant factor in determining your rates. So if your credit history can use some improvement, you could pay less to insure your Dodge Ram 3500 by repairing your credit. People that have high credit scores tend to be more responsible and file fewer claims than those with poor credit scores.

• High performance vehicles cost more to insure – The make and model of the car, truck or SUV you own makes a substantial difference in determining your rates. Lower cost passenger models usually have the lowest premiums, but there are many factors that impact the final cost.

  The next chart uses these variables: single female driver age 40, full coverage with $500 deductibles, and no discounts or violations. It illustrates Dodge Ram 3500 policy rates compared to other models that have different performance rating factors.

• Your employer is a factor – Do you have a high-stress occupation? Occupations such as real estate brokers, police officers, and medical professionals generally have the highest rates attributed to intense work requirements and incredibly demanding work hours. Conversely, jobs like scientists, students and the unemployed receive lower rates.
• Get better rates if married – Having a spouse actually saves money on your policy. Having a spouse means you’re less irresponsible and statistics show married drivers tend to file fewer claims.

• Age of drivers – Inexperience drivers are known to get distracted easily when driving with friends so they pay higher car insurance rates. Parents adding a teen driver onto your car insurance will cause a huge premium hike. More mature drivers are more cautious drivers, tend to file fewer claims, and are safer drivers.

  The following chart uses these variables: single driver, full coverage with $500 deductibles, and no discounts or violations.

• Better rates on safer vehicles – Cars with high safety ratings can get you lower premiums. Safer cars have better occupant injury protection and lower injury rates means your insurance company pays less and more competitive rates for policyholders. If your Dodge is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.

Affordable insurance rates are possible

Consumers who switch companies do it for many reasons like policy cancellation, poor customer service, an unsatisfactory settlement offer and even delays in paying claims. It doesn’t matter why you want to switch choosing a new company is easier than you think.

We just presented a lot of tips how to find cheaper Dodge Ram 3500 insurance in Anchorage. The most important thing to understand is the more you quote Anchorage car insurance, the higher your chance of finding the cheapest Dodge Ram 3500 rate quotes. You may even find the lowest priced insurance comes from the least-expected company.

Cost effective Dodge Ram 3500 insurance can be bought from both online companies and also from your neighborhood Anchorage agents, so get free Anchorage car insurance quotes from both of them in order to have the best price selection to choose from. A few companies may not provide rate quotes online and these regional carriers only sell through independent insurance agents.

More tips and info about insurance is located in these articles:

• Safety Features for Your New Car (State Farm)
• Who Has Affordable Auto Insurance Quotes for a Nissan Sentra in Anchorage? (FAQ)
• How Much is Anchorage Car Insurance for Drivers Over Age 50? (FAQ)
• Who Has Affordable Car Insurance Quotes for a Ford Explorer in Anchorage? (FAQ)
• Tools for Teen Driving Safety (State Farm)
• State Laws for Cellphones and Texting (iihs.org)
• Car Insurance for Teen Drivers with Divorced Parents (Allstate)
• How to Avoid Buying a Flooded Car (Insurance Information Institute)