1990 Ford E-150 Insurance Rates – 8 Ways to Save

Trying to find the cheapest insurance rates for your Ford E-150? Are you at wits end from not being able to afford to pay insurance each month? Your situation is no different than many other drivers.

Many insurers compete for your insurance dollar, and it can be difficult to compare rates to get the cheapest price

Smart consumers take time to compare rates before your next renewal due to the fact that insurance prices tend to go up over time. Just because you had the best rates for E-150 insurance at your last renewal there is a good chance you can find better rate quotes now. Forget anything you know (or think you know) about insurance because you’re going to get a crash course in the proper way to properly buy coverages and cut your premium.

If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these tips. Choosing the best insurance company for you is not rocket science. But drivers must understand how big insurance companies sell online and take advantage of how the system works.

Double check you’re getting these eight money-saving discounts

Insurance is neither fun to buy or cheap, but you may qualify for discounts that may help make it more affordable. Some trigger automatically at the time you complete a quote, but once in a while a discount must be specifically requested prior to getting the savings.

• Membership in Organizations – Having an affiliation with specific professional or occupational memberships or organizations could qualify you for a break when getting a insurance coverage quote.
• One Accident Forgiven – Not really a discount, but some insurance companies allow you one accident without getting socked with a rate hike so long as you haven’t had any claims for a set time period.
• Driver Education Discount – It’s a good idea to have your young drivers enroll and complete driver’s education if offered at their school.
• Passive Restraint Discount – Cars that have air bags or automatic seat belts can qualify for discounts of 20 to 30 percent.
• Seat Belts Save – Drivers who require all occupants to fasten their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
• Good Student – Excelling in school can save 20 to 25%. The discount lasts well after school through age 25.
• E-sign – A few larger online companies will discount your bill up to fifty bucks for signing up on their website.
• Discount for Life Insurance – Some insurance carriers give better premium rates if you take out auto and life insurance together.

Don’t be surprised that some credits don’t apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, that’s just not realistic. Any amount of discount will definitely lower your policy premiums.

A list of insurance companies and some of their more popular discounts are included below.

• State Farm offers premium reductions for good driver, passive restraint, anti-theft, accident-free, driver’s education, and multiple policy.
• Farmers Insurance has discounts for good student, multi-car, youthful driver, distant student, and switch companies.
• Progressive offers discounts including continuous coverage, online quote discount, online signing, multi-policy, homeowner, and good student.
• Geico may have discounts that include anti-theft, five-year accident-free, membership and employees, multi-vehicle, daytime running lights, seat belt use, and air bags.
• Auto-Owners Insurance may include discounts for safe vehicle, anti-lock brakes, group or association, multiple vehicles, multi-policy, and mature driver.
• The Hartford has savings for vehicle fuel type, defensive driver, driver training, good student, and air bag.
• Farm Bureau discounts include safe driver, good student, youthful driver, multi-vehicle, and driver training.
• USAA policyholders can earn discounts including family discount, safe driver, new vehicle, vehicle storage, multi-vehicle, military installation, and defensive driver.

When comparing rates, check with all the companies the best way to save money. Some of the earlier mentioned discounts might not be available to policyholders everywhere. If you would like to view providers with discount insurance rates, click this link.

Do I need special coverages?

When buying adequate coverage, there really is not a best way to insure your cars. Each situation is unique so this has to be addressed. Here are some questions about coverages that might point out whether or not you may require specific advice.

• Do I need special endorsements for business use of my vehicle?
• When can I cancel my policy?
• What if I total my 1990 Ford E-150 and owe more than it’s worth?
• Am I covered if I hit my neighbor’s mailbox?
• Why do I only qualify for high-risk insurance?
• Does coverage extend to Mexico or Canada?
• I have good health insurance, so how much medical payments coverage do I need?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.

Are you falling for claims of savings?

Companies like Allstate and Progressive regularly use ads on television and other media. They all try to convey promises that you can save just by moving your policy. How is it plausible that every one can save you money? It’s all in the words they use.

Companies require specific criteria for the type of customer that earns them the most money. For instance, this type of insured might be described as a mature driver, is a homeowner, and drives newer vehicles. Anyone who matches those parameters may get the lowest car insurance rates and will most likely save a lot if they switch.

Potential insureds who are not a match for those criteria will be quoted higher prices and the prospect going elsewhere. Company advertisements say “people that switch” not “all people who quote” save that much when switching. That’s why insurance companies can confidently make those claims.

Because each company has a different risk profile, you need to get insurance coverage quotes from several different companies. It is impossible to guess which company will give you lower prices than your current company.

Learn about auto insurance coverages for a 1990 Ford E-150

Understanding the coverages of your policy aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring. These are the normal coverages offered by auto insurance companies.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as nursing services, pain medications and dental work. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Liability car insurance – Liability insurance provides protection from damages or injuries you inflict on other people or property that is your fault. It protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as loss of income, repair costs for stationary objects and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but you should buy as large an amount as possible.

UM/UIM Coverage – This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as damage to your Ford E-150.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Normally these limits are identical to your policy’s liability coverage.

Collision coverage – Collision insurance will pay to fix damage to your E-150 from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like damaging your car on a curb, scraping a guard rail, crashing into a building, driving through your garage door and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also raise the deductible to save money on collision insurance.

Comprehensive or Other Than Collision – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like hitting a bird, hail damage and a broken windshield. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

A tidy conclusion

In this article, we covered many ways to reduce 1990 Ford E-150 insurance car insurance rates online. The key concept to understand is the more providers you compare, the better chance you’ll have of finding inexpensive insurance coverage. You may be surprised to find that the best price on auto insurance is with a lesser-known regional company. Smaller companies may cover specific market segments cheaper compared to the large companies like State Farm and Allstate.

As you shop your coverage around, don’t be tempted to reduce needed coverages to save money. There are too many instances where someone sacrificed collision coverage to discover at claim time they didn’t purchase enough coverage. Your strategy should be to get the best coverage possible at the best possible price, but do not skimp to save money.

To learn more, feel free to browse the resources below:

• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• Insurance Losses by Make and Model (iihs.org)
• What is Gap Insurance? (Insurance Information Insitute)
• Your Car has been Stolen: Now What? (Allstate)
• What to do at the Scene of an Accident (Insurance Information Insitute)
• Learn About Car Insurance (Geico)