Want to know an easy way to compare low-cost Dodge Dakota insurance in Indianapolis? Have you had enough of paying out the nose to pay your car insurance bill each month? You are no different than many other Indiana consumers.
Astonishing but true according to a recent study, a large majority of drivers have bought car insurance from the same company for at least four years, and nearly the majority have never shopped around. Drivers in the U.S. could save themselves up to $850 a year just by comparing rates, but they won’t spend time to shop their coverage around.
Big companies like GEICO and Progressive continually hit you with TV and radio ads and it is challenging if not impossible to see through the deception and take the time to shop coverage around.
Smart consumers take time to compare premium rates at least once a year since insurance prices change frequently. Just because you had the best deal on Dodge Dakota insurance in Indianapolis two years ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because you’re about to find out one of the quickest ways to find the best coverage while lowering your premiums.
Most of the larger companies like Progressive, Allstate and GEICO allow consumers to get insurance quotes on their websites. Obtaining pricing for Dodge Dakota insurance in Indianapolis can be done by anyone as you simply enter your coverage information into the quote form. Once entered, their quoting system will order information on your driving record and credit history and returns pricing information determined by many factors. Being able to quote online for Dodge Dakota insurance in Indianapolis simplifies rate comparisons, and it’s necessary to do this if you want to find lower-cost insurance pricing.
To fill out one form to compare multiple rates now, compare rate quotes from the providers shown below. To compare your current rates, we recommend you enter the coverages identical to your current policy. This guarantees you are getting a rate comparison for the exact same coverage.
The companies shown below have been selected to offer quotes in Indiana. If several companies are displayed, it’s highly recommended you get rate quotes from several of them in order to get a fair rate comparison.
Dodge Dakota insurance analysis
The information displayed next showcases a range of rate quotes for Dodge Dakota models. Having insight into how policy premiums are established can help drivers make smart choices when comparing insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Dakota ST Ext Cab 2WD | $148 | $334 | $456 | $28 | $136 | $1,102 | $92 |
| Dakota Bighorn Ext Cab 2WD | $148 | $334 | $456 | $28 | $136 | $1,102 | $92 |
| Dakota Lonestar Ext Cab 2WD | $170 | $334 | $456 | $28 | $136 | $1,124 | $94 |
| Dakota ST Crew Cab 2WD | $170 | $334 | $456 | $28 | $136 | $1,124 | $94 |
| Dakota Bighorn Crew Cab 2WD | $170 | $392 | $456 | $28 | $136 | $1,182 | $99 |
| Dakota Lonestar Crew Cab 2WD | $170 | $392 | $456 | $28 | $136 | $1,182 | $99 |
| Dakota Bighorn Ext Cab 4WD | $192 | $334 | $364 | $22 | $110 | $1,022 | $85 |
| Dakota ST Ext Cab 4WD | $192 | $334 | $364 | $22 | $110 | $1,022 | $85 |
| Dakota Laramie Crew Cab 2WD | $192 | $392 | $456 | $28 | $136 | $1,204 | $100 |
| Dakota ST Crew Cab 4WD | $192 | $334 | $364 | $22 | $110 | $1,022 | $85 |
| Dakota Lonestar Ext Cab 4WD | $192 | $334 | $364 | $22 | $110 | $1,022 | $85 |
| Dakota Bighorn Crew Cab 4WD | $192 | $334 | $364 | $22 | $110 | $1,022 | $85 |
| Dakota TRX Crew Cab 4WD | $192 | $392 | $364 | $22 | $110 | $1,080 | $90 |
| Dakota TRX Crew Cab 4WD | $192 | $392 | $364 | $22 | $110 | $1,080 | $90 |
| Dakota Lonestar Crew Cab 4WD | $192 | $392 | $364 | $22 | $110 | $1,080 | $90 |
| Dakota Laramie Crew Cab 4WD | $212 | $392 | $364 | $22 | $110 | $1,100 | $92 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Rate quotes do not factor in specific location which can lower or raise price quotes considerably.
The information below highlights how deductible selection and can change Dodge Dakota premium costs for each different age group. The premium estimates are based on a married male driver, comprehensive and collision coverage, and no additional discounts are factored in.
How accidents and tickets impact rates in Indianapolis
The information below demonstrates how traffic citations and at-fault accidents influence Dodge Dakota auto insurance costs for different ages of insureds. The premiums are based on a single female driver, comp and collision included, $500 deductibles, and no other discounts are factored in.
Full coverage rates compared to liability-only
The illustration below shows the difference between Dodge Dakota car insurance costs when comparing full coverage to liability only. The premium estimates are based on no claims or violations, $100 deductibles, marital status is single, and no discounts are factored in.
Guidelines for eliminating full coverage
There is no clear-cut formula to stop buying physical damage coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Dodge Dakota settlement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, you would only receive $5,000 after paying the physical damage deductible. If it’s costing in excess of $500 annually for physical damage coverage, then you might want to consider buying only liability coverage.
There are some situations where dropping full coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
Auto insurance in Indiana serves several purposes
Despite the high cost, paying for auto insurance may be required for several reasons.
- The majority of states have minimum mandated liability insurance limits which means state laws require a minimum amount of liability coverage in order to drive the car. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you took out a loan on your Dakota, most lenders will require you to have comprehensive coverage to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the bank may buy a policy for your Dodge for a lot more money and force you to pay much more than you were paying before.
- Insurance safeguards both your assets and your Dodge Dakota. It will also cover medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage will also pay for a defense attorney if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of buying enough insurance are without a doubt worth the cost, particularly when you have a large claim. On average, a vehicle owner in Indianapolis is wasting up to $825 a year so shop around once a year at a minimum to ensure rates are competitive.
How do Car Insurance Companies Determine Dodge Dakota Insurance Premiums?
Multiple criteria are part of the calculation when premium rates are determined. Some factors are common sense like an MVR report, but some are less obvious like your vehicle usage or your vehicle rating.
Optional features impact auto insurance rates – Buying a car with an alarm system can help lower your premiums. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder vehicle theft.
Older drivers are lower risk – Older insureds are shown to be more cautious, are lower risk to insure, and are safer drivers. Beginning drivers are statistically shown to be inattentive in a vehicle so auto insurance rates are higher.
The next chart uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.
Amount of liability – A critical coverage on your policy, liability insurance kicks in in the event that you are ruled to be at fault for physical damage or personal injury to other. This coverage provides legal defense coverage to attempt to prove you were not liable. It is affordable coverage compared to physical damage coverage, so insureds should have plenty of protection for their assets.
Insurance premiums are higher for high performance vehicles – The make and model of the vehicle you are buying insurance for makes a big difference in your car insurance bill. The lowest rates are for low performance passenger cars, but your final cost has many other factors.
The next chart uses these variables: married female driver age 40, full coverage with $250 deductibles, and no discounts or violations. The data compares Dodge Dakota car insurance rates compared to other models of vehicles that have a range of performances.
Improve your credit rating and save – Credit rating factor in determining what you pay for auto insurance. So if your credit history can use some improvement, you could save money insuring your Dodge Dakota by spending a little time repairing your credit. Drivers who have excellent credit scores tend to file fewer claims and have better driving records than those with worse credit.
Your occupation may affect rates – Did you know your career choice can influence rates? Jobs like military personnel, business owners, and stock brokers are shown to have higher average rates because of intense work requirements and incredibly demanding work hours. On the flip side, occupations like farmers, historians and performers pay the least.
When in doubt talk to an agent
Keep in mind that when it comes to choosing proper insurance coverage, there really isn’t a cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed.
Here are some questions about coverages that can aid in determining if your insurance needs may require specific advice.
- How much liability coverage do I need in Indiana?
- Who is covered when they drive my Dodge Dakota?
- Is borrowed equipment or tools covered if stolen or damaged?
- Can my babysitter drive my car?
- How much underlying liability do I need for an umbrella policy?
- Can my teen drive my company car?
- Am I covered if I have no license?
- Are my friends covered when driving my car?
- Do I have coverage if I rent a car in Mexico?
If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Lower rates by being persistent
More affordable auto insurance in Indianapolis is available both online and from local agencies, so you should compare both to have the best chance of lowering rates. A few companies do not offer rates over the internet and many times these regional insurance providers prefer to sell through independent agents.
When buying insurance coverage, it’s very important that you do not reduce coverage to reduce premium. In many instances, someone dropped collision coverage and discovered at claim time that they should have had better coverage. The ultimate goal is to purchase plenty of coverage at the best price but still have enough coverage for asset protection.
You just learned a lot of ways to get a better price on Dodge Dakota insurance in Indianapolis. The key thing to remember is the more times you quote, the better likelihood of getting affordable Dodge Dakota insurance quotes. You may even be surprised to find that the most savings is with the smaller companies. Regional companies may often insure only within specific states and give better rates than their larger competitors like GEICO and State Farm.
Steps to saving money on Dodge Dakota insurance in Indianapolis
Really, the only way to get cheaper Dodge Dakota insurance in Indianapolis is to start comparing rates regularly from providers that insure vehicles in Indiana. Drivers can shop around by completing these steps.
First, spend some time learning about the coverage provided by your policy and the things you can control to lower rates. Many risk factors that increase rates like traffic citations, accidents, and an unacceptable credit score can be eliminated by making minor changes to your lifestyle.
Second, request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from one company like Progressive or Farmers Insurance, while independent agencies can quote rates for many different companies. Compare rates now
Third, compare the new quotes to your existing rates and see if you can save money. If you can save some money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, provide adequate notice to your current company to cancel your existing policy. Submit the completed application along with a down payment to your new company or agent. Once the paperwork is finalized, place the new certificate verifying proof of insurance along with your vehicle registration.
A key point to remember is to use identical limits and deductibles on each price quote and and to get quotes from as many companies as possible. Doing this helps ensure a level playing field and and a good selection of different prices.
Much more information about auto insurance in Indiana can be read below:
- Speed and Speed Limit FAQ (iihs.org)
- What Auto Insurance is Cheapest for a Dodge Ram in Indianapolis? (FAQ)
- What Car Insurance is Cheapest for First-time Drivers in Indianapolis? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Drivers with Accidents in Indianapolis? (FAQ)
- Who Has the Cheapest Indianapolis Auto Insurance Rates for Safe Drivers? (FAQ)
- How Much are Car Insurance Quotes for Teenage Males in Indianapolis? (FAQ)
- Eight Auto Insurance Myths (Insurance Information Institute)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)