2023 Ram Truck Car Insurance Calculator

Discover how decisions you make impact the cost of car insurance for a 2023 Ram Truck. Set options like homeowner status, credit history, and policy coverages to find out how each affects rates. Know immediately if and why the choice you make has an impact on insurance rates.

The average estimated car insurance premium for a 2023 Ram Truck is $2,496 per year, or about $208 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,496

Cost Per Month

$208

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Ram Truck Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2023 Ram Truck.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,496
Average Rate
Your Rate
$2,496

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2023 Ram Truck trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2023 Ram Truck is $2,496.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2023 Ram Truck vs. the Large Truck Segment

The table below compares insurance rates for the 2023 Ram Truck against all other models in the large truck segment. The Ram Truck is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Ram Truck, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Ram Truck.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2023 Ram Truck Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Nissan Titan$2,254-$242
2Ford F150$2,314-$182
3Toyota Tundra$2,398-$98
2023 Large Truck Average$2,472-$24
4Chevrolet Silverado$2,474-$22
5GMC Sierra$2,488-$8
6Ram Truck$2,496--
7GMC Hummer EV Pickup$2,880$384

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2023 Truck Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Ram Truck.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2023 Ram Truck Insurance Rates by Trim Level
2023 Ram Truck Trim Level Annual Premium Cost Per Month
Tradesman Quad Cab 4WD$2,220$185
Tradesman Crew Cab 4WD$2,274$190
Big Horn Quad Cab 4WD$2,316$193
Tradesman Quad Cab 2WD$2,350$196
Big Horn Crew Cab 4WD$2,356$196
Tradesman HFE Crew Cab 2WD$2,390$199
Tradesman Crew Cab 2WD$2,410$201
Laramie Crew Cab 4WD$2,446$204
Rebel Crew Cab 4WD$2,452$204
Big Horn Quad Cab 2WD$2,468$206
Big Horn Crew Cab 2WD$2,514$210
Limited Longhorn Crew Cab 4WD$2,516$210
Limited Crew Cab 4WD$2,548$212
Laramie Crew Cab 2WD$2,618$218
Rebel Crew Cab 2WD$2,624$219
TRX Crew Cab 4WD$2,646$221
TRX Level 1 Crew Cab 4WD$2,666$222
TRX Level 2 Crew Cab 4WD$2,694$225
Limited Longhorn Crew Cab 2WD$2,696$225
Limited Crew Cab 2WD$2,730$228

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2023 Ram Truck for different driver ages.

2023 Ram Truck Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,958$747
17$8,652$721
18$7,711$643
19$7,040$587
20$5,384$449
21$5,136$428
22$4,593$383
23$3,787$316
24$3,572$298
25$2,898$242
30$2,660$222
35$2,566$214
40$2,496$208
45$2,340$195
50$2,218$185
55$2,068$172
60$2,072$173
65$2,210$184
70$2,396$200
75$2,830$236
80$3,486$291

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Ram Truck trim levels.