- Ram 1500 insurance costs an average of $1,928 per year for full coverage, depending on the trim level.
- The cheapest Ram 1500 insurance is on the Tradesman Quad Cab 4WD costing an average of $1,712 per year. The most expensive is the Limited Crew Cab 2WD at $2,110 annually.
- The Ram 1500 pickup is one of the more expensive large trucks to insure for 2023, costing $13 more per year on average as compared to other large trucks. It ranks fifth in the large truck class for insurance affordability.
- Ram TRX insurance costs around $100 to $120 more per year than the average Ram 1500 model.
How much does Ram 1500 insurance cost?
Ram 1500 insurance cost averages $1,928 per year, or $964 for a 6-month policy, for full coverage. With the average full-size truck costing $1,915 a year to insure, Ram Truck owners could be paying around $13 more each year on average.
Depending on the trim level of the truck being insured, monthly car insurance cost for the Ram 1500 ranges from $143 to $176, with the Tradesman Quad Cab 4WD being cheapest and the Limited Crew Cab 2WD costing the most to insure.
The chart below shows average car insurance rates for a 2023 Ram 1500 using different driver ages and risk profiles.
What can you glean from the chart above? Well, for starters, high-risk insurance is expensive. If you’re unfortunate enough to have multiple serious driving offenses like reckless driving or a DUI (or two), you’re going to be paying more. A lot more, actually. For a 30-year-old driver, having to buy a high-risk insurance policy more than doubles the cost of Ram pickup insurance.
If you’re looking to save money on car insurance, increasing deductibles from $500 to $1,000 could save around $292 per year when insuring a Ram 1500.
One of the quickest ways to lower your insurance rates is to increase your deductibles, providing you maintain adequate savings to pay the higher deductible in the event of a claim.
It should also be pretty apparent that as driver age increases, insurance rates decrease. It’s just human nature to become more conservative (less aggressive) as we age, and that translates into fewer accidents and claims. The reward is cheaper insurance for your favorite Ram truck!
The discount rate data point in the chart is a scenario where you are essentially the perfect risk for a car insurance company. You’re middle-aged, married, own your home, have multiple vehicles on the same policy, insure your home and auto with the same company, have a clean driving record and no claims and have great credit.
The more discounts you can check off, the lower your insurance rate will be.
What is the cheapest Ram 1500 insurance?
The cheapest Ram 1500 insurance is on the Tradesman Quad Cab 4WD trim level costing $1,712 per year. The next cheapest trim is the Tradesman Crew Cab 4WD at $1,754, and the third cheapest trim level is the Big Horn Quad Cab 4WD at $1,786 per year.
On the opposite end of the cost spectrum, the three most expensive Ram pickup trim levels to insure are the Ram 1500 TRX Level 2 Crew Cab 4WD, the Limited Longhorn Crew Cab 2WD, and the Limited Crew Cab 2WD trim levels at an estimated $2,076, $2,084, and $2,110 per year, respectively.
As a general rule, the lower the MSRP of a vehicle, the cheaper it will be to insure. This is primarily due to the higher cost that would be incurred by your car insurance company if the vehicle is totaled out from an accident or weather-related event. In the case of the Ram truck lineup, it stands to reason that a lower-cost work truck model like the Tradesman would have cheaper insurance rates than the high-end Laramie, Longhorn, Limited, and TRX models.
The table below details the average Ram car insurance cost for the 2023 model year, plus a monthly budget figure, for each available package and trim.
| Ram Truck Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| Tradesman Quad Cab 4WD | $1,712 | $856 | $143 |
| Tradesman Crew Cab 4WD | $1,754 | $877 | $146 |
| Big Horn Quad Cab 4WD | $1,786 | $893 | $149 |
| Tradesman Quad Cab 2WD | $1,818 | $909 | $152 |
| Big Horn Crew Cab 4WD | $1,818 | $909 | $152 |
| Tradesman HFE Crew Cab 2WD | $1,848 | $924 | $154 |
| Tradesman Crew Cab 2WD | $1,866 | $933 | $156 |
| Laramie Crew Cab 4WD | $1,886 | $943 | $157 |
| Rebel Crew Cab 4WD | $1,892 | $946 | $158 |
| Big Horn Quad Cab 2WD | $1,908 | $954 | $159 |
| Limited Longhorn Crew Cab 4WD | $1,940 | $970 | $162 |
| Big Horn Crew Cab 2WD | $1,944 | $972 | $162 |
| Limited Crew Cab 4WD | $1,966 | $983 | $164 |
| Laramie Crew Cab 2WD | $2,024 | $1,012 | $169 |
| Rebel Crew Cab 2WD | $2,030 | $1,015 | $169 |
| TRX Crew Cab 4WD | $2,040 | $1,020 | $170 |
| TRX Level 1 Crew Cab 4WD | $2,056 | $1,028 | $171 |
| TRX Level 2 Crew Cab 4WD | $2,076 | $1,038 | $173 |
| Limited Longhorn Crew Cab 2WD | $2,084 | $1,042 | $174 |
| Limited Crew Cab 2WD | $2,110 | $1,055 | $176 |
How does Ram 1500 insurance cost compare?
When compared to other half-ton trucks, the Ram 1500 tends to cost a little more than average, ranking fifth at $1,928 per year. Ram insurance costs $13 more per year when compared to the average insurance rate for the full-size truck segment.
The table below compares Dodge Ram 1500 insurance cost to competition like the Ford F150, Chevy Silverado, and Toyota Tundra.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Nissan Titan | $1,746 | -$182 |
| 2 | Ford F150 | $1,794 | -$134 |
| 3 | Toyota Tundra | $1,856 | -$72 |
| 4 | GMC Sierra | $1,926 | -$2 |
| 5 | Ram Truck | $1,928 | -- |
| 6 | Chevrolet Silverado | $1,930 | $2 |
| 7 | GMC Hummer EV Pickup | $2,228 | $300 |
Even though the average insurance cost on a Ram 1500 isn’t the cheapest or most expensive in its class, keep in mind that the actual trim level of your truck is what will really determine the rate you pay.
If you’re insuring a model like the Big Horn Quad Cab 4WD, the average rate is around $1,786 a year. Compare that to the cost to insure a GMC Sierra Denali Ultimate Crew Cab 4WD at around $2,140 a year and the cost of your Ram insurance isn’t so bad after all.
How much does Ram TRX insurance cost?
The TRX models cost anywhere from around $100 to $120 more to insure per year than the average Ram 1500 insurance cost of $1,928.
With 702 horsepower pumped out of the supercharged 6.2L Hemi, it’s going to cost a little more to cover the extra MSRP of the TRX models. Throw in the TRX Carbon-Fiber Package, the Technology Group, Advanced Safety Group, and Bed Utility Group, and you just tacked on another $4,200 to the MSRP.
When putting this much value into a truck, it’s best just to nail down the exact insurance rate for your location by getting some free quotes.
Ram insurance rates by model year
The following table shows average full-coverage Ram 1500 pickup truck insurance rates for the 2013-2023 model years and for various driver ages.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 Ram Truck | $3,830 | $1,928 | $1,722 |
| 2022 Ram Truck | $3,764 | $1,892 | $1,696 |
| 2021 Ram Truck | $3,494 | $1,756 | $1,570 |
| 2020 Ram Truck | $3,430 | $1,720 | $1,542 |
| 2019 Ram Truck | $3,356 | $1,682 | $1,510 |
| 2018 Ram Truck | $3,270 | $1,638 | $1,468 |
| 2017 Ram Truck | $3,186 | $1,600 | $1,434 |
| 2016 Ram Truck | $3,112 | $1,560 | $1,402 |
| 2015 Ram Truck | $2,898 | $1,456 | $1,306 |
| 2014 Ram Truck | $2,656 | $1,336 | $1,196 |
| 2013 Ram Truck | $2,694 | $1,358 | $1,218 |
How much is liability insurance on a Ram pickup?
Older Ram trucks may not require full coverage, and buying a liability-only insurance policy will cut the cost considerably. The table below compares the cost of full-coverage insurance to liability-only insurance on older model Ram trucks.
| Vehicle Model Year | Full Coverage Insurance | Liability Insurance |
|---|---|---|
| 2012 Ram Truck | $1,320 | $714 |
| 2011 Ram Truck | $1,272 | $710 |
| 2010 Ram Truck | $1,230 | $704 |
| 2009 Ram Truck | $1,182 | $698 |
| 2008 Ram Truck | $1,134 | $686 |
| 2007 Ram Truck | $1,090 | $674 |
| 2006 Ram Truck | $1,074 | $668 |
| 2005 Ram Truck | $1,058 | $664 |
| 2004 Ram Truck | $1,026 | $658 |
| 2003 Ram Truck | $1,004 | $652 |
