Compare the Cost of Ram 2500 Insurance by Model Year and Company

According to MoneyGeek’s research, the average cost of insuring a Ram 2500 is around $1,440 per year. This means that Ram 2500 insurance costs are comparable with average insurance rates. Insurance rates can vary based on your car’s model year and which insurer you choose. It makes sense to shop around to get the best deal possible.

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Comparing rates from several companies can land you a better deal, as different companies have different costs to insure the same vehicle. Depending on your model year or driver profile, the most affordable insurer might also change.

Key Takeaways

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It costs an average of $1,440 per year to insure a Ram 2500. This is roughly equivalent to the $1,428 annual cost for the average car model.

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Depending on the company, the cost to insure a Ram 2500 can vary by $558 per year.

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The annual cost of insuring a Ram 2500 can change by as much as $455 depending on the model year, with cheaper rates for older models.

How Much It Costs to Insure a Ram 2500 and the Cheapest Company

When it comes to Ram 2500 insurance rates, the provider you choose can have a massive effect on your costs. The average annual premium for insuring a Ram 2500 is $1,440, but prices can vary significantly depending on the company. For example, GEICO offers insurance for the Ram 2500 for an average of $1,206 per year, the cheapest option. On the other hand, the most expensive option would be Allstate, with an average annual cost of $1,764. This indicates a possible difference of up to $558 depending on the provider you choose.

The Average Annual Cost of Ram 2500 Insurance by Company

MoneyGeek used a sample driver profile to get information about insurance company rates. In this calculation, the rates are for an average driver with 100/300/100 liability insurance and comprehensive and collision coverage.

The Average Cost to Insure a Ram 2500 by Company

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Is a Ram 2500 Expensive to Insure?

For any given model of car, insurers use several factors to figure out the cost of insurance. Typically, car models that are expensive, likely to be stolen and likely to be involved in accidents attract higher rates.

The Ram 2500 is generally a moderately expensive car to insure, with average prices more or less falling in line with the prices of an average car model. While insurers do not disclose their criteria for determining these prices, the car’s value, repair costs and theft rates can contribute to this calculation.

The Best Car Insurance Company for a Ram 2500

Cost should not be the only factor you consider when buying auto insurance for a Ram 2500. You should also consider other relevant details about the company you purchase insurance from.

According to MoneyGeek’s rating system, based on financial stability, customer satisfaction, customer complaints and affordability:

  • USAA is the best overall option for Ram 2500 insurance. However, USAA policies are only available to current and former military members and their families.
  • For those who aren’t service members, the best insurance company for Ram 2500 coverage is GEICO.

1
USAA
Score:95

4.7/5

Affordability

4.5/5

Claims Ratings

5/5

User Satisfaction

5/5

Financial Stability

2
GEICO
Score:90

5/5

Affordability

3.5/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

3
State Farm
Score:87

4.7/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

4
Progressive
Score:74

3.6/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

5
Allstate
Score:69

3/5

Affordability

4.5/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

How Much It Costs to Insure a Ram 2500 by Model Year

Insurance costs can be lower for older versions of the Ram 2500. Since the value of a car depreciates over time, comprehensive and collision insurance tend to get cheaper as well. The average car insurance cost for a 2005 model Ram 2500 is $1,155, whereas a 2020 Ram 2500 costs an average of $1,609.

Depending on the model year, the most affordable insurance policies can come from different providers. The cheapest insurance provider for a 2020 Ram 2500 is GEICO, with an average annual cost of $1,368. You can check rates for your model year to see how companies differ in their average cost estimates.

The Average Cost to Insure a Ram 2500 by Model Year

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  • Company
    Average Annual Rates (2020 model)
    Average Annual Rates (2019 model)
    Average Annual Rates (2018 model)
    Average Annual Rates (2017 model)
    Average Annual Rates (2016 model)
    Average Annual Rates (2010 model)
    Average Annual Rates (2005 model)
  • 1.
    $1,368
    $1,277
    $1,261
    $1,241
    $1,235
    $1,064
    $994
  • 2.
    $1,429
    $1,413
    $1,383
    $1,333
    $1,288
    $1,110
    $1,033
  • 3.
    $1,491
    $1,411
    $1,359
    $1,411
    $1,337
    $1,065
    $1,001
  • 4.
    $1,494
    $1,432
    $1,450
    $1,465
    $1,434
    $1,395
    $1,309
  • 5.
    $1,655
    $1,772
    $1,713
    $1,693
    $1,657
    $1,495
    $1,160

How Expensive Is It to Insure a Ram 2500 Compared to Other Cars?

Insuring a Ram 2500 costs slightly more than average insurance costs. Car insurance for a Ram 2500 costs an average of $1,440 per year. This is only marginally more than the average annual cost of $1,428 across all models.

How Much It Costs to Insure a Ram 2500 for 16- to 25-Year-Olds

Normally, younger drivers pay significantly more for car insurance due to their lack of driving experience. The average annual cost of car insurance for an 18-year-old driver of a Ram 2500 is a whopping $4,699 per year. In contrast, a 40-year-old would expect to pay an average of $1,440 annually. Young drivers can save a significant sum by remaining on their parents’ policy rather than getting their own insurance.

The Average Cost to Insure a Ram 2500 by Driver Age

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  • Age
    Average Annual Rates
  • 16
    $6,025
  • 17
    $5,337
  • 18
    $4,699
  • 19
    $3,366
  • 20
    $3,004
  • 21
    $2,378
  • 22
    $2,191
  • 23
    $2,005
  • 24
    $1,881
  • 25
    $1,707
  • 40
    $1,440

How Does Location Affect the Cost of Ram 2500 Insurance?

The rates discussed in this article are national averages, but where you live can significantly influence your car insurance rates. You can get more information about how much car insurance costs in individual states with our state page analysis.

FAQs About Ram 2500 Insurance

Insurance costs are greatly influenced by the car’s make and model. However, this is just one of several factors. Here are some commonly asked questions about insuring a Ram 2500.

Read More About Car Insurance

Methodology

MoneyGeek collected information about insurance rates for a Ram 2500 Tradesman using a sample driver profile. Equivalent trims were used for other model years. In this scenario, the driver is a 40-year-old male purchasing a full coverage policy with the following coverages:

  • $100,000 in bodily injury liability insurance per person
  • $300,000 in bodily injury liability insurance per accident
  • $100,000 in property damage liability insurance per accident
  • Comprehensive and collision insurance with a $1,000 deductible

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.