Cheap 1995 Ford E-350 Car Insurance Cost

Trying to find lower insurance coverage rates for your Ford E-350? Did a good deal turn out to be an underperforming, overpriced insurance coverage policy? Believe me, many consumers are feeling buyer’s remorse and feel like there’s no way out.

Multiple auto insurance companies compete for your insurance dollar, so it can be very hard to choose a company and get the definite best rate

It is always a good idea to take a look at other company’s rates at least once a year due to the fact that insurance rates change regularly. Despite the fact that you may have had the best deal for E-350 insurance a year ago a different company probably has better prices today. Ignore everything you know about insurance coverage because you’re about to find out the proper way to eliminate unnecessary coverages and save money.

Get more affordable insurance premiums by understanding these factors

It’s important that you understand some of the factors that help determine insurance rates. If you have a feel for what controls the rates you pay, this enables you to make decisions that could help you find better insurance rates.

The list below includes just a few of the factors utilized by car insurance companies to help set your prices.

  • Alarm systems save money – Purchasing a vehicle with a theft deterrent system can help lower your premiums. Systems that thwart theives like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart vehicle theft.
  • Credit score impacts costs – Having a bad credit score factor in calculating your insurance rates. Consumers who have very good credit scores tend to be less risk to insure than drivers who have poor credit. If your credit score is not that good, you could pay less to insure your 1995 Ford E-350 if you clean up your credit.
  • Employer and insurance rates – Did you know your career choice can influence rates? Jobs such as doctors, executives and miners generally pay higher rates than average because of stressful work requirements and long work hours. On the flip side, jobs such as actors, students and the unemployed have lower than average premiums for E-350 insurance.
  • Liability coverage safeguards assets – A critical coverage on your policy, liability insurance will protect you in the event that you are determined to be liable for an accident. This coverage provides for a legal defense up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so do not cut corners here.
  • Pay more if you have a long commute – Having an address in small towns and rural areas can be a good thing when it comes to insurance. City drivers tend to have more traffic problems and longer commute times. Fewer drivers and short commutes translates into fewer accidents and lower theft and vandalism rates.
  • Policy add-ons may be wasting money – There are many extra bells and whistles that can waste your money but may not be useful. Insurance for things like personal injury protection, accident forgiveness, and additional equipment coverage are some examples. They may seem good when buying your policy, but if you have no use for them eliminate them to save money.
  • Qualify for multi-policy discounts – Most major companies apply lower prices for people who have multiple policies with them, otherwise known as a multi-policy discount. Even if you qualify for this discount already, consumers should still compare other company rates to ensure the best deal. You may still save even more by buying from different companies

Discounts for cheaper car insurance rates

Car insurance is not cheap nor is it fun to buy but there could be significant discounts that can drop the cost substantially. Some discounts will apply when you complete an application, but a few need to be specifically requested prior to getting the savings. If you check and find you aren’t receiving every discount possible, you may be paying too high a price.

  • Discounts for Responsible Drivers – Insureds who avoid accidents can get discounts for up to 45% lower rates for E-350 insurance than less cautious drivers.
  • Multiple Policy Discount – If you can bundle your auto and homeowners insurance with the same company you may earn at least 10% off all policies.
  • Passenger Safety Discount – Options like air bags or automatic seat belts can get savings up to 30%.
  • Discounts for Seat Belt Usage – Drivers who require all vehicle occupants to wear their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
  • E-sign Discounts

Don’t be surprised that most discount credits are not given the the whole policy. The majority will only reduce individual premiums such as comp or med pay. So even though it sounds like adding up those discounts means a free policy, that’s just not realistic. But any discount will definitely lower the premium cost.

To locate car insurance companies with discount rates, click here to view.

But they said I’d save $451 a year!

Respected companies like State Farm, GEICO and Progressive consistently run ads on TV and radio. They all convey the message about saving some big amount just by switching to their company. How does every company cost less than your current company? This is the way they can do it.

Most companies offer their best rates for the type of driver that makes them money. For example, a desirable risk may need to be a mature driver, has a clear driving record, and the vehicle is rated for pleasure use. Someone who matches that profile receive the lowest rate quotes and is almost guaranteed to save when switching.

Insureds who fall short of those criteria will have to pay higher premiums and this can result in business not being written. The ad wording is “drivers that switch” not “everyone that quotes” save the amount stated. This is how insurance companies can make those claims. This emphasizes why you really need to quote coverage with many companies. It is just not possible to predict with any certainty which company will be your best fit.

You may need specialized insurance coverage coverage

When choosing proper insurance coverage, there isn’t really a perfect coverage plan. Every situation is different and your policy should reflect that. For instance, these questions can aid in determining whether or not you would benefit from an agent’s advice.

  • Are rental cars covered under my policy?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What is PIP insurance?
  • Is my camper covered by my car insurance policy?
  • Will I be non-renewed for getting a DUI or other conviction?
  • What can I do if my company won’t pay a claim?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Insurance coverage options for a Ford E-350

Having a good grasp of insurance helps when choosing the right coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find the usual coverages found on the average insurance policy.

Liability coverages – This coverage provides protection from damage that occurs to people or other property that is your fault. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers things like medical expenses, legal defense fees and repair costs for stationary objects. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Collision – This will pay to fix damage to your E-350 resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as scraping a guard rail, backing into a parked car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from getting keyed, a broken windshield, fire damage, a tree branch falling on your vehicle and theft. The maximum payout your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like funeral costs, EMT expenses, chiropractic care and hospital visits. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your Ford E-350.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Be a penny pincher

When buying insurance coverage, you should never skimp on coverage in order to save money. In too many instances, someone sacrificed liability limits or collision coverage to discover at claim time that it was a big error on their part. The aim is to get the best coverage possible at a price you can afford, but don’t skip important coverages to save money.

Lower-priced 1995 Ford E-350 insurance is attainable on the web as well as from insurance agents, and you need to comparison shop both so you have a total pricing picture. Some insurance companies may not have price quotes online and many times these small, regional companies sell through independent agencies.

Additional learning opportunities

Comments About 1995 Ford E-350 Insurance

  1. Rima Barron

    Lots of good stuff here. I live on the west side of Chicago, IL. Got rates from Allstate, American Family, and some I forget for my Ford and saved around $110 a year. Insured with Sentry before.

  2. Toshiko Hess

    State Farm quoted the best rates in Oklahoma.

  3. Marge Thornton

    I got quite a few price quotes for a 1995 Ford E-350 in Fort Wayne, Indiana. Ended up at right around $120 every six months with American Family. Can still barely afford it. I only have liability coverage on it.

  4. Jolyn Sullivan

    Located in Kansas City, Kansas. Not sure of all the companies but I ended up saving about $30 each month. Left GMAC to switch. Switched homeowners coverage too. Did it all online. I don’t have comp or collision coverage.

  5. Dorotha Fuller

    I found pretty cheap rate quotes for a 1995 Ford E-350 in Springfield, Missouri. Ended up at roughly $70 every six months with Auto-Owners. Left MetLife to switch. I don’t have comp or collision coverage.

  6. Kandace Butler

    Lifelong resident of Albuquerque, NM. Received prices from State Farm, The General, and Erie for my Ford and I think I am saving around $30 each month. Good savings if you bundle. Wish I didn’t have to insure at all. When should I drop full coverage?