The best way to find better pricing on car insurance rates in Laredo is to compare quotes annually from different companies who sell auto insurance in Texas. You can compare prices by completing these steps.
- Step 1: Learn about how your policy works and the things you can change to drop your rates. Many factors that drive up the price such as traffic tickets, fender benders, and an imperfect credit score can be controlled by being financially responsible and driving safely.
- Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give rate quotes from one company like GEICO and State Farm, while independent agencies can provide rate quotes for a wide range of companies.
- Step 3: Compare the new rate quotes to the premium of your current policy and determine if cheaper Dakota coverage is available. If you find a lower rate, make sure there is no lapse in coverage.
- Step 4: Give notification to your current company to cancel your existing policy and submit a down payment along with a signed application for the new coverage. Make sure you safely store the certificate verifying proof of insurance along with your vehicle registration.
An important part of this process is to make sure you’re comparing the same deductibles and limits on every price quote and and to get rates from as many companies as you can. This guarantees a level playing field and many rates to choose from.
It’s safe to conclude that insurance companies don’t want you to look for cheaper rates. Insureds who perform rate comparisons are very likely to move their business because the odds are good of finding a lower-cost company. Surprisingly, a recent survey revealed that drivers who routinely shopped for cheaper coverage saved on average $865 a year compared to those who never compared other company’s rates.
If finding the best rates on insurance is your ultimate goal, then having some insight into how to shop and compare cheaper coverage can save time and make the process easier.
When comparing auto insurance rates, know that getting more free quotes helps increase your odds of locating better pricing. Not every company allows you to get online price quotes, so it’s necessary to compare rates from those companies as well.
The companies shown below provide quotes in Texas. In order to find the cheapest auto insurance in Texas, we suggest you visit as many as you can in order to get a fair rate comparison.
Rates and information analytics
The coverage information below showcases different prices for Dodge Dakota models. Having insight into how insurance prices are figured can be useful when making smart policy decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Dakota ST Ext Cab 2WD||$246||$580||$538||$32||$162||$1,558||$130|
|Dakota Bighorn Ext Cab 2WD||$246||$580||$538||$32||$162||$1,558||$130|
|Dakota Lonestar Ext Cab 2WD||$282||$580||$538||$32||$162||$1,594||$133|
|Dakota ST Crew Cab 2WD||$282||$580||$538||$32||$162||$1,594||$133|
|Dakota Bighorn Crew Cab 2WD||$282||$684||$538||$32||$162||$1,698||$142|
|Dakota Lonestar Crew Cab 2WD||$282||$684||$538||$32||$162||$1,698||$142|
|Dakota Bighorn Ext Cab 4WD||$318||$580||$430||$26||$128||$1,482||$124|
|Dakota ST Ext Cab 4WD||$318||$580||$430||$26||$128||$1,482||$124|
|Dakota Laramie Crew Cab 2WD||$318||$684||$538||$32||$162||$1,734||$145|
|Dakota ST Crew Cab 4WD||$318||$580||$430||$26||$128||$1,482||$124|
|Dakota Lonestar Ext Cab 4WD||$318||$580||$430||$26||$128||$1,482||$124|
|Dakota Bighorn Crew Cab 4WD||$318||$580||$430||$26||$128||$1,482||$124|
|Dakota TRX Crew Cab 4WD||$318||$684||$430||$26||$128||$1,586||$132|
|Dakota TRX Crew Cab 4WD||$318||$684||$430||$26||$128||$1,586||$132|
|Dakota Lonestar Crew Cab 4WD||$318||$684||$430||$26||$128||$1,586||$132|
|Dakota Laramie Crew Cab 4WD||$354||$684||$430||$26||$128||$1,622||$135|
|Get Your Own Custom Quote Go|
Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Rate quotes do not factor in specific location information which can decrease or increase rates noticeably.
The chart below shows how different deductible levels and can change Dodge Dakota insurance premiums for different age groups. The premiums are based on a single female driver, full physical damage coverage, and no additional discounts are factored in.
Rate comparison of full coverage and liability-only
The information below shows the comparison of Dodge Dakota insurance costs with full coverage compared to only the Texas minimum liability coverage. The costs are based on no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no discounts are applied.
When to stop buying physical damage coverage
There is no exact rule to exclude physical damage coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is 10% or more of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your Dodge Dakota replacement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $4,000 after paying your deductible. If you are paying over $400 annually for full coverage, the it may be a good time to stop paying for full coverage.
There are a few cases where buying only liability insurance is not recommended. If you still owe money on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
What Impacts Dodge Dakota Insurance Rates?
A large part of saving on auto insurance is knowing a few of the rating criteria that play a part in calculating the rates you pay for auto insurance. When consumers understand what determines base rates, this enables informed choices that can earn you better auto insurance rates.
Small coverages can add up – There are a ton of additional coverages that you can get tricked into buying if you aren’t diligent. Insurance for things like rental car coverage, death and dismemberment, and membership fees are probably not needed. They may sound like good ideas when talking to your agent, but your needs may have changed so remove them from your policy.
Is insurance cheaper for men or women? – Over the last 30 years, statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that women are BETTER drivers than men. Men and women cause at-fault accidents in similar numbers, but men have accidents that have higher claims. Not only are claims higher, but men get cited for more serious violations such as DWI and reckless driving. Male drivers age 16 to 19 generally have the highest accident percentage and therefore are the most expensive to insure.
The example below shows the comparison of Dodge Dakota car insurance rates for male and female drivers. The rates are based on no claims or driving citations, comp and collision included, $250 deductibles, drivers are not married, and no policy discounts are applied.
Drive less and save – The higher the mileage driven annually the more you’ll pay to insure it. Most companies calculate rates based upon how you use the vehicle. Cars that sit idle most of the time receive lower rates than cars that get driven a lot. Verify your auto insurance declarations sheet shows the correct usage. An improperly rated Dakota can result in significantly higher rates.
Raising physical damage deductibles saves money – The deductibles are the amount of money the insured will be required to pay if a covered claim is submitted. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some examples of claims that would be covered are collision with another vehicle, vandalism, and having a roll-over accident. The more the insured has to pay upfront, the lower your rates will be.
Car insurance is not optional in Texas
Even though Laredo Dakota insurance rates can get expensive, paying for car insurance is a good idea for several reasons.
First, just about all states have mandatory insurance requirements which means the state requires specific minimum amounts of liability if you drive a vehicle. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you bought your Dodge Dakota with a loan, more than likely the lender will make it a condition of the loan that you have insurance to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Dodge at an extremely high rate and force you to pay for it.
Third, car insurance protects both your assets and your vehicle. It will also pay for all forms of medical expenses for yourself as well as anyone injured by you. As part of your policy, liability insurance will also pay attorney fees in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, your policy will cover the repair costs.
The benefits of insuring your car outweigh the cost, especially when you need to use it. According to a survey of 1,000 drivers, the average driver overpays as much as $869 every year so you should quote and compare rates each time the policy renews to ensure rates are inline.