Who Has the Cheapest Car Insurance Rates for a Dodge Ram in Denver?

Buying affordable auto insurance for a Dodge Ram hinges on a pretty complex algorithm that uses a lot of factors such as how old the Ram is, your credit score, and if you have tickets or violations. Drivers pay on average $1,195 a year to insure their Ram, but that cost is a projection using a 50-year-old single male driver with full physical damage coverage and $500 deductibles.

When projecting a rate like this, the problem is that you’re not a 50-year-old male, you might be married instead of single, or maybe you prefer liability limits higher than required by Colorado state law. Just a very minor change in rating variables may result in a big change in the cost of a policy.

Having different needs demonstrates why the way we recommend to find the cheapest rates for your Dodge is to do a thorough rate comparison.

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The trim level of your vehicle tends to impact the coverage cost, so the price you pay to insure a Ram Quad Cab ST 2WD model will be $252 cheaper than the insurance cost for the higher-end Ram Quad Cab Laramie 4WD trim level, as shown in the chart below.

Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Rates do not factor in your specific Denver location which can revise insurance rates greatly.

Picking a highly-rated insurance company can be rather challenging considering how many choices you have in Denver. The rank data below may help you choose which providers you want to consider when shopping insurance around for a Dodge Ram.

These rankings are only comprised of large, nationwide insurance companies, so companies that focus mainly on Colorado business are not included in this list. To check prices from these and other top-rated companies, simply click here.

Top 10 Large Auto Insurers in Denver Ranked by Customer Satisfaction

1. Titan Insurance – 95%
2. USAA – 94%
3. AAA Insurance – 91%
4. Nationwide – 90%
5. State Farm – 90%
6. The Hartford – 89%
7. GEICO – 89%
8. Allstate – 88%
9. 21st Century – 88%
10. The General – 88%

Top 10 Large Auto Insurers in Denver Ranked by A.M. Best Rating

1. USAA – A++
2. Travelers – A++
3. State Farm – A++
4. GEICO – A++
5. Esurance – A+
6. Nationwide – A+
7. Allstate – A+
8. Progressive – A+
9. Titan Insurance – A+
10. The Hartford – A+

Impact of citations and accidents on insurance rates

The recommended way to maintain the cheapest auto insurance rates in Denver for a Ram pickup is to drive cautiously and not receive tickets or have accidents. The diagram below highlights how traffic violations and at-fault accidents increase car insurance rates for different age groups of insureds. The premium estimates are based on a married male driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.

The data charted above shows the average cost of auto insurance in Colorado per year with no accidents and a clean driving record is $2,537. Add in one speeding ticket and the average cost hikes up to $2,911, an increase of $374 each year. Then include one accident along with the one speeding ticket and the yearly cost of auto insurance for a Dodge Ram jumps again to an average of $3,982. That’s an increase of $1,445, or $120 per month, just for not driving attentively!

Cost difference between full coverage and liability

Finding the cheapest auto insurance is important to the majority of vehicle owners, and one of the easiest ways to find cheap insurance for a Dodge Ram is to only buy liability insurance. The example below illustrates the comparison of insurance premiums with and without physical damage coverage. The premiums assume no driving violations, no at-fault accidents, $1,000 deductibles, single marital status, and no other discounts are factored in.

If averaged out across all ages, full coverage costs $2,020 per year more than carrying just liability coverage. Lot’s of drivers question if full coverage is worth the money. There isn’t a steadfast formula to stop paying for comp and collision coverage, but there is a guideline you can consider. If the yearly cost of full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s pretend your vehicle’s claim settlement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, you would only receive $8,000 after paying the physical damage deductible. If it’s costing in excess of $800 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

How to find cheaper car insurance for a Dodge Ram

The list below shows some of the better penny-pinching ideas that can help you quote lower-cost coverage.

• Do not get traffic tickets
• Vehicles with good safety ratings are usually cheaper to insure
• Pay cheaper rates with good credit scores
• Maintain a safe distance and avoid accidents
• Try to not file small claims
• Compare rates regularly to ensure the best deal

That final tip is notably crucial, as we pointed out in the prior information. Insurance prices in Denver can change considerably in a year, so don’t hesitate to switch carriers if a better rate can be found.

Many consumers stick with the same company and that’s fine, but it’s not recommended if that devotion results in you overpaying money that could be spent on other things. Take a few minutes and compare prices to find cheaper car insurance for a Dodge Ram.

If you wish to have some advice when buying car insurance for a Dodge Ram, the agents shown below can probably help you make a decision which car insurance company is the best fit.

To locate an agency using an interactive map, click the link at the bottom.

More insurance agents in Denver, CO