1992 Ford E-150 Insurance Cost

Having to pay for expensive Ford E-150 insurance can empty your funds and force you to prioritize other expenses. Comparing price quotes can save money and help to slash your bill and have more diposable income.

Due to the abundance of auto insurance companies to choose from, it’s difficult to locate the lowest price company.

Consumers should take time to shop coverage around occasionally due to the fact that insurance prices trend upward over time. Just because you found the best deal for E-150 coverage a few years ago a different company probably has better rates today. Ignore everything you know about auto insurance because you’re about to learn one of the quickest ways to get good coverage at a lower rate.

Buying car insurance is quite easy. If you have insurance now or are just looking to switch companies, you can use these techniques to cut your premiums while maintaining coverages. Drivers only need to know the proper methods to compare rates online.

Don’t miss these discounts

Some providers don’t always advertise every policy discount very clearly, so the below list has a few of the more common as well as some of the hidden credits that you can use to lower your rates.

  • Passive Restraints – Options like air bags may earn rate discounts of 20 to 30 percent.
  • Sign Online – A few larger companies will give a small break simply for signing digitally online.
  • More Vehicles More Savings – Buying insurance for more than one vehicle on the same insurance policy may reduce the rate for each vehicle.
  • Auto/Home Discount – If you can combine your home and auto policy and place coverage with the same company you could earn a discount of at least 10 to 15 percent or more.
  • Discount for Life Insurance – Insurance carriers who offer life insurance give a lower price if you buy a life insurance policy as well.
  • Low Mileage Discounts – Keeping the miles down on your Ford can qualify you for lower rates on the low mileage vehicles.
  • Data Collection Discounts – Policyholders that allow their insurance company to track their driving habits through the use of a telematics system such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates if they have good driving habits.
  • Employee of Federal Government – Active or retired federal employment could qualify for a slight premium decrease for E-150 coverage with certain companies.
  • Discount for Good Grades – Excelling in school can get you a discount of up to 25%. Most companies allow this discount up until you turn 25.
  • Pay Now and Pay Less – If paying your policy premium upfront instead of monthly or quarterly installments you can avoid monthly service charges.

Please keep in mind that most credits do not apply to all coverage premiums. Most only apply to individual premiums such as liability, collision or medical payments. Even though it appears all the discounts add up to a free policy, it just doesn’t work that way.

A list of companies and the discounts they provide are shown below.

  • GEICO may have discounts that include anti-lock brakes, five-year accident-free, emergency military deployment, multi-policy, defensive driver, and membership and employees.
  • Auto-Owners Insurance offers discounts for safe vehicle, anti-lock brakes, student away at school, teen driver, multiple vehicles, and mature driver.
  • American Family policyholders can earn discounts including mySafetyValet, good driver, air bags, TimeAway discount, and good student.
  • Esurance may include discounts for good student, multi-policy, paid-in-full, emergency road assistance, online quote, and safety device.
  • Progressive has savings for multi-vehicle, online quote discount, continuous coverage, good student, online signing, and homeowner.
  • State Farm may offer discounts for passive restraint, student away at school, good driver, multiple autos, safe vehicle, and driver’s education.
  • AAA includes discounts for good student, good driver, pay-in-full, multi-policy, AAA membership discount, and multi-car.

It’s a good idea to ask every insurance company to apply every possible discount. Some discounts might not apply in every state.

How to buy auto insurance online

Getting a cheaper price on 1992 Ford E-150 insurance is surprisingly easy. All you need to do is take the time comparing price quotes to see which company has low cost insurance quotes. Shoppers can get rates in just a few minutes using one of these methods.

  1. The most efficient way to get quotes for comparison would be an industry-wide quote request form (click to open form in new window). This easy form saves time by eliminating boring form submissions for every company. A single, simple form gets coverage cost estimates from multiple low-cost companies.
  2. A harder way to shop for auto insurance online is to manually visit each individual company website to request a price quote. For example, let’s say you want to compare prices for Liberty Mutual, Safeco and Travelers. In order to get each rate, you would have to spend time going to each site individually to enter your coverage information, which can take a lot of time.

    For a handy list of car insurance company links in your area, click here.

Take whichever approach you prefer, but make absolute certain that you use identical coverage data on every quote. If you compare different data it’s not possible to decipher which rate is best.

How your E-150 insurance costs are determined

Lots of factors are considered when pricing auto insurance. Some are pretty understandable like your driving record, but other criteria are not quite as obvious like where you live or how safe your car is.

Listed below are a few of the “ingredients” utilized by car insurance companies to help set premiums.

  • Drive fewer miles and save – The higher the mileage driven every year the more you’ll pay to insure your vehicle. Almost all companies charge to insure your cars based on their usage. Autos left parked in the garage cost less to insure than vehicles that are driven to work every day. Improper usage on your E-150 may be wasting your money. It’s a smart idea to ensure your insurance coverage coverage properly reflects the correct usage for each vehicle.
  • City traffic equals higher premiums – Having an address in small towns and rural areas has it’s advantages when shopping for auto insurance. Drivers who live in large cities tend to have more traffic problems and longer commute times. Fewer people means reduced accidents and also fewer theft and vandalism claims.
  • Bump up coverage deductibles to lower rates – Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your Ford from damage. Some examples of claims that would be covered are a dented fender, hail damage, and rolling your vehicle. Comp and collision deductibles are the amount of money you are required to pay if the claim is covered. The more damage repair cost you’re willing to pay, the lower your rates will be for E-150 coverage.
  • Getting married equates to better prices – Being married may cut your premiums when buying insurance coverage. Having a spouse usually means you are more responsible and statistics show being married results in fewer claims.

Special considerations

When choosing proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every insured’s situation is different and your policy should reflect that. For example, these questions could help you determine if your situation would benefit from professional advice.

  • If my pet gets injured in an accident are they covered?
  • What is an SR-22 filing?
  • Am I covered if hit by an uninsured driver?
  • Can I make deliveries for my home business?
  • When should I buy a commercial auto policy?
  • Does my insurance cover my expensive audio equipment?
  • Does medical payments coverage apply to all occupants?
  • Are rental cars covered under my policy?
  • When can my company non-renew my policy?
  • Why do I only qualify for high-risk insurance?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Save $471 a year? Really?

Consumers can’t get away from ads for cheaper car insurance from the likes of Allstate, GEICO and Progressive. They all seem to try to convey promises that you’ll save big after switching to their company.

How do they all have lower policy pricing?

Many companies can use profiling for the right customer that earns them a profit. One example of a desirable insured should be married and over the age of 30, has had continuous coverage, and drives newer vehicles. Any new insured that meets those criteria receives the best auto insurance rates and is almost guaranteed to cut their rates if they switch.

Insureds who may not quite match those standards will see higher premiums with the end result being the customer not purchasing. The trick companies use is to say “customers who switch” not “all people who quote” can get the lowest rates when switching. That’s why insurance companies can confidently advertise the savings. This emphasizes why drivers must do a rate comparison at every renewal. It is just not possible to predict which company will have the lowest premium rates for your situation.

Auto insurance coverage considerations

Knowing the specifics of a auto insurance policy aids in choosing appropriate coverage for your vehicles. Auto insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are the usual coverages found on the average auto insurance policy.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Ford E-150.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Auto liability

Liability coverage provides protection from damage that occurs to a person or their property. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things like repair costs for stationary objects, pain and suffering and funeral expenses. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as hail damage, a tree branch falling on your vehicle and rock chips in glass. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Auto collision coverage

Collision coverage pays for damage to your E-150 resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like damaging your car on a curb, hitting a mailbox, crashing into a building and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for dental work, chiropractic care, prosthetic devices, pain medications and rehabilitation expenses. They can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

One last thing about your coverage

You just learned a lot of ways to get a better price on 1992 Ford E-150 insurance. It’s most important to understand that the more price quotes you have, the higher your chance of finding low cost insurance. Consumers may even find the lowest rates come from a small local company. These companies can often insure niche markets at a lower cost compared to the large companies like Allstate, GEICO and Progressive.

Lower-priced 1992 Ford E-150 insurance can be bought from both online companies in addition to local insurance agencies, and you need to comparison shop both in order to have the best chance of saving money. Some companies may not have online price quotes and these regional insurance providers sell through independent agencies.

Other information

Comments About 1992 Ford E-150 Insurance

  1. Penni Alvarez

    Lots of useful info here. I’m from Columbia, South Carolina. I don’t recall every quote but I ended up saving about $20 each month. Book value doesn’t justify full coverage anymore.

  2. Ming Cobb

    Live in Seattle, WA. I got free rates from GEICO, Hanover, and Erie for my Ford and saved just over $60 a year.

  3. Bernardine Avery

    Progressive quoted the best rates in New Jersey.

  4. Elijah Sears

    Great info, thanks for posting. I live west of Missoula, MT. Compared rates from a lot of places. Saved right around $20 a month. State Farm was the most affordable for me. My E-150 doesn’t have full coverage.

  5. Thurman Holcomb

    Anyone find cheap rates around Fargo, North Dakota?

  6. Beula Moon

    Will Progressive cancel my policy for a liability claim?

  7. Helene Gilbert

    In Tampa, FL, Allstate is a good choice. I get lower rates because of my clean driving record. You can get a rate quote online. I dropped full coverage awhile back.

  8. Viki Wilcox

    Lifelong resident of Aberdeen, SD. Quoted prices online for a 1992 Ford E-150. Ended up at about $110 savings annually. Went with State Farm. Left Farmers to switch. Just liability coverage since it’s getting old.

  9. Darlene Clements

    Lots of good stuff here. I live just to the west of Bridgeport, Connecticut. Compared rates from a lot of places. Saved right around $30 a month. Progressive was the best choice for me. Was with GMAC. :) Anyone else drop full coverage?