Finding affordable auto insurance for a Dodge Ram in Tennessee is usually pretty straightforward, but it hinges on a very complex rating algorithm that uses multiple factors such as how old the vehicle is, your credit history, and your choice of physical damage deductibles. Tennessee drivers pay on average $1,183 each year to insure their Ram, but that is calculated based on a 50-year-old single female driver with both comprehensive and collision coverage and $100 deductibles.
There’s a high likelihood you are not 50 years old and maybe not even female, possibly married instead of single, or maybe you just want liability only instead of full coverage. Auto insurance is not the same for everyone, so the best way to find cheap insurance rates for your Dodge is to just take the time to compare rates yourself. It takes less than five minutes and you can get prices from top-rated car insurance companies that sell coverage in Tennessee.
Find Cheaper Dodge Ram Insurance
The specific trim level impacts the cost of insurance, so the cost to insure a Ram Quad Cab ST 2WD trim level will be $288 less than the cost to insure the more costly Ram Quad Cab Laramie 4WD version, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ram Quad Cab ST 2WD | $214 | $362 | $368 | $22 | $110 | $1,076 | $90 |
| Ram Quad Cab TRX4 Off Road 2WD | $242 | $440 | $368 | $22 | $110 | $1,182 | $99 |
| Ram Quad Cab SLT 2WD | $242 | $440 | $368 | $22 | $110 | $1,182 | $99 |
| Ram Crew Cab ST 2WD | $242 | $440 | $368 | $22 | $110 | $1,182 | $99 |
| Ram Quad Cab ST 4WD | $242 | $440 | $368 | $22 | $110 | $1,182 | $99 |
| Ram Crew Cab SLT 2WD | $242 | $440 | $368 | $22 | $110 | $1,182 | $99 |
| Ram Crew Cab TRX 2WD | $242 | $440 | $368 | $22 | $110 | $1,182 | $99 |
| Ram Quad Cab SLT 4WD | $242 | $440 | $368 | $22 | $110 | $1,182 | $99 |
| Ram Crew Cab ST 4WD | $242 | $440 | $368 | $22 | $110 | $1,182 | $99 |
| Ram Crew Cab Sport 2WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Quad Cab Sport 2WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Quad Cab TRX4 Off Road 4WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Crew Cab TRX 4WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Crew Cab SLT 4WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Quad Cab Laramie 2WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Crew Cab Laramie 2WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Crew Cab Sport 4WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Quad Cab Sport 4WD | $268 | $518 | $368 | $22 | $110 | $1,286 | $107 |
| Ram Crew Cab Laramie 4WD | $268 | $596 | $368 | $22 | $110 | $1,364 | $114 |
| Ram Quad Cab Laramie 4WD | $268 | $596 | $368 | $22 | $110 | $1,364 | $114 |
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Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rates do not factor in the specific area where the vehicle is garaged which can revise premiums noticeably.
Determining which companies offer the cheapest insurance rates for a Dodge Ram calls for more work in order to find a policy that fits your budget.
Each auto insurance company uses a little different formula for determining rates, so we’ll take a look at the most affordable insurance companies in Memphis, TN. It’s important that readers know that Memphis insurance rates are calculated based on many things which can significantly increase or decrease the price of your policy. Simply turning a year older, buying a home instead of renting, or having a fender bender can cause premium changes resulting in some rates now being much cheaper than others.
Find the Cheapest Car Insurance for Your Ram Truck
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $744 |
| 2 | Cincinnati Insurance | $850 |
| 3 | Auto-Owners | $852 |
| 4 | Penn National | $899 |
| 5 | Tennessee Farmers | $923 |
| 6 | USAA | $947 |
| 7 | Erie | $987 |
| 8 | Nationwide | $1,042 |
| 9 | Allied | $1,060 |
| 10 | Westfield | $1,069 |
| 11 | GEICO | $1,110 |
| 12 | State Farm | $1,165 |
| 13 | Travelers | $1,177 |
| 14 | Shelter | $1,199 |
| 15 | Progressive | $1,214 |
| 16 | Direct General | $1,214 |
| 17 | The Hartford | $1,221 |
| 18 | State Auto | $1,241 |
| 19 | 21st Century | $1,274 |
| 20 | Chubb | $1,290 |
| Find Your Rate Go | ||
Utica National offers some of the cheapest car insurance rates in Memphis at around $744 each year. This is $584 less than the average price paid by Tennessee drivers of $1,328. Cincinnati Insurance, Auto-Owners, Penn National, and Tennessee Farmers also make the cut as some of the most economical Memphis, TN auto insurance companies.
As the rates illustrate above, if you buy coverage from Auto-Owners and switched to Utica National, you could see annual savings of upwards of $108. Customers with Penn National might save as much as $155 a year, and Tennessee Farmers policyholders might lower prices by $179 a year.
To find out how your current rates compare, click here to start your free quote or feel free to get quotes from the companies below.
Bear in mind that those estimates are averages for all types of insureds and vehicles and and are not calculated with an exact vehicle garaging location for a Dodge Ram. So the car insurance company that can offer you the best price may not even be in the top 30 companies in the list above. That emphasizes why you need to compare rates from multiple companies using your own driver and vehicle profiles.
How to get discounts on Memphis auto insurance
Car insurance companies that offer cheap quotes for a Dodge Ram may provide discounts that can reduce rates by 25% or more if you meet eligibility requirements. A list of companies and the discounts they provide are outlined below.
- GEICO offers discounts for military active duty, anti-theft, good student, air bags, driver training, and membership and employees.
- SAFECO may have discounts that include teen safe driver, anti-lock brakes, multi-car, teen safety rewards, anti-theft, and safe driver.
- State Farm policyholders can earn discounts including driver’s education, good student, multiple autos, defensive driving training, safe vehicle, accident-free, and good driver.
- MetLife has discounts for accident-free, multi-policy, good student, claim-free, defensive driver, good driver
- 21st Century has savings for teen driver, air bags, driver training, early bird, homeowners, student driver, and defensive driver.
- Progressive discounts include good student, multi-vehicle, multi-policy, online signing, homeowner, continuous coverage, and online quote discount.
The information below shows the difference between car insurance costs with and without policy discounts. The prices are based on a male driver, no driving violations, no at-fault accidents, Tennessee state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multiple vehicle, claim-free, marriage, and passive restraint discounts applied. With discounts applied, theaverage amount saved on insurance for a Dodge Ram is 28% or $484.
Are you paying too much for car insurance?
Memphis, TN insurance rates are based on many factors that can increase the price you have to pay. Turning one year older, filing a claim, or having an accident can produce rate changes that may make certain companies affordable when they were higher priced.
Not only may your situation change, but insurance companies change rates every year to adjust for heavy claims or excess profits. A period of higher than normal claims can result in rate increases, while lower claim levels can produce more affordable Ram insurance rates.
The data below shows the company with the cheapest car insurance in Memphis, TN for a 30-year-old male driver with a clean driving record, no accidents, and a decent credit rating. If we estimate prices based on his personal profile, Utica National may offer the cheapest car insurance rates in Memphis at $1,054 each year. This is $274 less than the average rate paid by Tennessee drivers of $1,328. Auto-Owners, Cincinnati Insurance, USAA, and Penn National round out the rest of the cheapest Memphis, TN auto insurance companies.
The example below compares rates after we give the driver from the first example a chargeable accident, bad credit, and a blemish on his driving record. Because each company has a unique approach to set their prices, analyzing rate quotes may now result in a different set of affordable Memphis car insurance companies as shown below.
Erie now has the cheapest auto insurance in Memphis with Nationwide, Allied, Westfield, and GEICO completing the list. This demonstrates why Memphis drivers need to do a thorough rate comparison to get the most affordable car insurance rates for a Dodge Ram.
Prices are calculated by many factors and can change without notice, so the best company when you last compared rates may now be costing you a lot of money.