Searching for lower-priced insurance rates in Memphis, TN? Memphis buyers have options when searching for low-cost Dodge Ram 2500 insurance. They can either waste time driving around getting price quotes or leverage the internet to get rate quotes. There is a better way to buy insurance so we’re going to tell you the absolute fastest way to quote coverages for a Dodge and get the best price possible from Memphis insurance agents and online providers.
Cheaper rates on Dodge Ram 2500 insurance in Memphis with these discounts
The cost of insuring your cars can be expensive, but there could be available discounts that can drop the cost substantially. Some of these discounts will be visible at the time of purchase, but a few must be manually applied prior to receiving the credit. If they aren’t giving you every credit available, you may be paying too high a price.
- Driver Training Discounts – Successfully completing a safe driver course may get you a small discount and make you a better driver.
- Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle their seat belts can save up to 15% off PIP or medical payments premium.
- Discount for Low Mileage – Driving less may enable drivers to earn better rates on cars that stay parked.
- Bundled Policy Discount – If you combine your homeowners and auto policies and insure them with the same company you could earn a discount of approximately 10% to 15%.
- Save over 55 – Seniors may be able to get a slight reduction on a Memphis auto insurance quote.
A little note about advertised discounts, some credits don’t apply to the entire policy premium. Most only apply to the cost of specific coverages such as comprehensive or collision. So when it seems like you can get free auto insurance, companies wouldn’t make money that way.
The chart below shows the comparison of Dodge Ram 2500 insurance costs with and without discounts applied to the policy rates. The data assumes a male driver, no claims or driving violations, Tennessee state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, marriage, safe-driver, multi-car, and claim-free discounts applied.
To see providers with significant discounts in Tennessee, follow this link.
Finding a lower price on Dodge Ram 2500 insurance is an easy way to save money. All that’s required is to take a few minutes getting comparison quotes to see which company has the cheapest Dodge Ram 2500 rate quotes.
The auto insurance companies shown below can provide free quotes in Memphis, TN. If you wish to find cheap car insurance in Memphis, it’s highly recommended you visit two to three different companies to get the best price comparison.
Premium rates and analysis
The rate table shown next outlines estimates of insurance policy prices for Dodge Ram 2500 models. Having insight into how insurance policy premiums are formulated can be useful when making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ram 2500 Crew Cab ST 2WD | $198 | $350 | $332 | $20 | $100 | $1,000 | $83 |
| Ram 2500 Crew Cab SLT 2WD | $198 | $404 | $332 | $20 | $100 | $1,054 | $88 |
| Ram 2500 Mega Cab SLT 2WD | $198 | $404 | $332 | $20 | $100 | $1,054 | $88 |
| Ram 2500 Crew Cab Laramie 2WD | $198 | $404 | $332 | $20 | $100 | $1,054 | $88 |
| Ram 2500 Crew Cab ST 2WD | $198 | $404 | $332 | $20 | $100 | $1,054 | $88 |
| Ram 2500 Mega Cab Laramie 2WD | $198 | $404 | $332 | $20 | $100 | $1,054 | $88 |
| Ram 2500 Crew Cab ST 4WD | $222 | $350 | $332 | $20 | $100 | $1,024 | $85 |
| Ram 2500 Crew Cab SLT 2WD | $222 | $404 | $332 | $20 | $100 | $1,078 | $90 |
| Ram 2500 Mega Cab SLT 2WD | $222 | $404 | $332 | $20 | $100 | $1,078 | $90 |
| Ram 2500 Mega Cab SLT 4WD | $222 | $350 | $332 | $20 | $100 | $1,024 | $85 |
| Ram 2500 Crew Cab SLT 4WD | $222 | $350 | $332 | $20 | $100 | $1,024 | $85 |
| Ram 2500 Crew Cab Laramie 2WD | $222 | $456 | $332 | $20 | $100 | $1,130 | $94 |
| Ram 2500 Mega Cab Laramie 2WD | $222 | $456 | $332 | $20 | $100 | $1,130 | $94 |
| Ram 2500 Crew Cab ST 4WD | $222 | $350 | $332 | $20 | $100 | $1,024 | $85 |
| Ram 2500 Mega Cab Laramie 4WD | $222 | $350 | $332 | $20 | $100 | $1,024 | $85 |
| Ram 2500 Crew Cab Laramie 4WD | $222 | $350 | $332 | $20 | $100 | $1,024 | $85 |
| Ram 2500 Mega Cab SLT 4WD | $244 | $404 | $332 | $20 | $100 | $1,100 | $92 |
| Ram 2500 Crew Cab SLT 4WD | $244 | $404 | $332 | $20 | $100 | $1,100 | $92 |
| Ram 2500 Crew Cab Laramie 4WD | $244 | $404 | $332 | $20 | $100 | $1,100 | $92 |
| Ram 2500 Mega Cab Laramie 4WD | $244 | $404 | $332 | $20 | $100 | $1,100 | $92 |
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Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Premium amounts do not factor in specific location which can change prices substantially.
The information below illustrates how choosing a deductible and can increase or decrease Dodge Ram 2500 premium costs for each different age group. The information is based on a single male driver, full coverage, and no discounts are taken into consideration.
Illustration showing the impact of accidents and violations
The illustration below highlights how traffic violations and fender-benders raise Dodge Ram 2500 car insurance rates for each age group. The costs are based on a married female driver, comp and collision included, $100 deductibles, and no other discounts are factored in.
Full coverage rates compared to liability-only
The diagram below visualizes the comparison of Dodge Ram 2500 insurance prices with full physical damage coverage compared to only buying liability only. The costs are based on a clean driving record, no claims, $100 deductibles, single status, and no additional discounts are factored in.
When to drop comp and collision
There is no definitive formula for excluding full coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is 10% or more of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Dodge Ram 2500 replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $3,000 after paying your deductible. If premiums are more than $300 annually for your policy with full coverage, then it may be the right time to buy liability only.
There are some conditions where only buying liability is not recommended. If you still have a loan on your vehicle, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage.
Your insurance coverage should be tailored to you
When it comes to buying proper insurance coverage for your personal vehicles, there is no single plan that fits everyone. Every insured’s situation is different.
For instance, these questions may help highlight if you may require specific advice.
- Am I covered if my car is in a flood?
- What is the ISO rating for a Dodge Ram 2500?
- What happens if I owe more than my Dodge Ram 2500 is worth?
- Is my camper covered for physical damage?
- Is my custom paint covered by insurance?
- Are split liability limits better than a combined single limit?
- Do I have coverage if I rent a car in Mexico?
- Do I need PIP (personal injury protection) coverage in Tennessee?
- How much liability do I need to cover my assets?
- Are rental cars covered under my policy?
If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form. It’s fast, doesn’t cost anything and can provide invaluable advice.
Buying from insurance agencies
Some consumers would rather talk to a local agent and that is a smart decision Insurance agents are trained risk managers and help submit paperwork. One of the best bonuses of getting free rate quotes online is that drivers can save money and get cheap car insurance rates but also keep your business local.
To make it easy to find an agent, after completing this simple form, your coverage information is immediately sent to insurance agents in Memphis who will gladly provide quotes for your business. It’s much easier because you don’t need to visit any agencies because quoted prices will be sent immediately to your email address. If for some reason you want to get a rate quote from a particular provider, you would need to search and find their rate quote page and complete a quote there.
Finding the right insurer shouldn’t rely on just a cheap quote. Any agent in Memphis should be forthright in answering these questions:
- Is there a local claims center in Memphis?
- Does the agency have a positive business rating?
- Which insurance companies are they affiliated with?
- What are the financial ratings for the companies they represent?
- Does the agency provide any after hours assistance?
- If your car is in the repair shop, do you have coverage for a rental car?
Pick the best auto insurance agent in Memphis for you
If you want a reliable insurance agent, you need to know there are two different types of agents and how they can service your needs differently. Car insurance agencies can be classified as either exclusive or independent agents depending on their company appointments. Both insure your vehicles, but it is important to understand how they are different since it may influence the type of agent you choose.
Exclusive Insurance Agents
Agents that elect to be exclusive generally can only insure with one company and examples are Farmers Insurance or State Farm. They usually cannot give you multiple price quotes so you might not find the best rates. They are highly trained in insurance sales and that enables them to sell even at higher rates. Some people will only buy from the same agent for years partially due to the prominent brand name and the convenience of having all coverages with one company.
Below is a list of exclusive agencies in Memphis who may provide you with price quote information.
- Steve Womack – State Farm Insurance Agent
848 Cooper St – Memphis, TN 38104 – (901) 725-1919 – View Map - Farmers Insurance: Calvit Ratcliffe
5865 Ridgeway Center Pkwy #300 – Memphis, TN 38120 – (901) 761-6083 – View Map - Allstate Insurance: Josh Roman
579 S Perkins Rd – Memphis, TN 38117 – (901) 683-8600 – View Map
Independent Agents (or Brokers)
Independent agents are not locked into one company and that enables them to quote your coverage through lots of different companies and find the cheapest rate. If premiums increase, the agent simply finds a different carrier and you don’t have to find a new agent.
When searching for an agent, we recommend you compare prices from at a minimum one independent agency to maximize your price options. Most can insure with companies you’ve never heard of that many times have cheaper rates.
The following is a short list of independent agents in Memphis willing to provide price quote information.
- Keltner Insurance Inc.
3232 S Perkins Rd – Memphis, TN 38118 – (901) 797-8665 – View Map - Oseman Insurance Agency
6750 Poplar Ave #410 – Memphis, TN 38138 – (901) 562-0151 – View Map - Nationwide Insurance: The James Agency LLC
4778 Summer Ave Ste 1 – Memphis, TN 38122 – (901) 266-5507 – View Map
After talking to the agent and getting good feedback to any questions you may have and an affordable coverage quote, you may have found an auto insurance agent that is reliable enough to service your policy.
What is the best auto insurance company in Tennessee?
Insuring your vehicle with a high-quality company is difficult considering how many different companies sell coverage in Tennessee. The company information in the lists below could help you choose which providers you want to consider when shopping your coverage around.
Top 10 Memphis Car Insurance Companies Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- Erie Insurance
- Esurance
- The General
Top 10 Memphis Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Erie Insurance – A+
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
Get the best coverage at the lowest price
Insureds who switch companies do it for a variety of reasons including policy cancellation, being labeled a high risk driver, high rates after DUI convictions or lack of trust in their agent. Regardless of your reason, choosing a new insurance company is easier than you think.
Low-cost Dodge Ram 2500 insurance in Memphis can be found online as well as from insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get quotes online and many times these smaller providers sell through local independent agencies.
When getting Memphis auto insurance quotes online, it’s not a good idea to skimp on coverage in order to save money. There are many occasions where someone sacrificed comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to buy the best coverage you can find at the best cost but still have enough coverage for asset protection.
How to buy discount Dodge Ram 2500 insurance in Memphis
If saving the most money is your goal, then the best way to save on Dodge Ram 2500 insurance in Memphis is to start comparing prices yearly from companies that insure vehicles in Tennessee.
- Step 1: Read about car insurance and the modifications you can make to prevent expensive coverage. Many policy risk factors that are responsible for high rates like distracted driving and a less-than-favorable credit history can be remedied by being financially responsible and driving safely.
- Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO or State Farm, while independent agents can provide prices for a wide range of companies. Get quotes now
- Step 3: Compare the quotes to your current policy premium to see if a cheaper price is available in Memphis. If you find better rates and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
A crucial key to this process is that you’ll want to make sure you compare similar deductibles and liability limits on every quote and and to get quotes from as many companies as you can. This helps ensure an accurate price comparison and the best price selection.
More resources
- Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
- Who Has Affordable Car Insurance for Drivers Under 21 in Memphis? (FAQ)
- How Much is Memphis Auto Insurance for High Risk Drivers? (FAQ)
- Who Has the Cheapest Memphis Auto Insurance for a Honda CR-V? (FAQ)
- How Much are Memphis Car Insurance Quotes for 16 Year Olds? (FAQ)
- Who Has the Cheapest Auto Insurance for 19 Year Olds in Memphis? (FAQ)
- Insuring a Leased Car (Insurance Information Institute)
- Understanding your Policy (NAIC.org)