Want cheaper insurance coverage rates for your Ford F-150? No one anticipates paying for insurance coverage, especially when they are aware that they could find better rates elsewhere. With consumers having so many choices, it can be impossible to pick the right insurance coverage company.
Finding the best rates is quite easy. If you are paying for car insurance now, you should be able to cut costs considerably using these techniques. Drivers just need to understand the tricks to get comparison quotes online.
There are several ways to shop for insurance coverage, but one way is less labor-intensive and much quicker. You can waste a few hours (or days) talking to insurance companies in your area, or you could use online quoting to get rates in a matter of minutes.
Many popular insurance companies belong to an insurance system that enables customers to only type in their quote data once, and each company then gives them pricing based on the submitted data. This saves time by eliminating quotation requests for each company.
To compare pricing click here to open in new window.
The one disadvantage to getting quotes like this is you can’t choose which providers you will receive quotes from. If you would rather choose from a list of companies to compare prices, we have a listing of the cheapest insurance coverage companies in your area. View list of insurance companies.
You can use whichever method you prefer to find lower rates, just make sure you use identical coverage limits and deductibles on every price quote you get. If you enter different coverage information it’s not possible to determine which rate is truly the best.
An important part of buying insurance is that you know the different types of things that are used to determine the rates you pay for auto insurance. When consumers understand what impacts premium levels, this allows you to make educated decisions that could result in big savings. Multiple criteria are part of the equation when pricing auto insurance. Some are obvious like your driving record, but others are more obscure such as your marital status or how safe your car is.
The cost of insuring your cars can be expensive, but you may qualify for discounts that many consumers don’t even know exist. Many discounts should be triggered at the time of purchase, but some must be manually applied prior to getting the savings.
Discounts save money, but please remember that many deductions do not apply to all coverage premiums. Most only cut the price of certain insurance coverages like medical payments or collision. So when it seems like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.
A partial list of companies that have some of the discounts shown above may include but are not limited to:
Before buying, ask all companies you are considering which credits you are entitled to. Some credits might not be offered on policies in your area. If you would like to choose from a list of insurance companies who offer car insurance discounts, click here to view.
When it comes to choosing coverage for your vehicles, there really is no cookie cutter policy. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions may help you determine if your situation might need an agent’s assistance.
If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and 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.
Having a good grasp of your auto insurance policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Shown next are the normal coverages found on the average auto insurance policy.
Insurance for medical payments – Med pay and PIP coverage provide coverage for expenses such as surgery, prosthetic devices, X-ray expenses, EMT expenses and chiropractic care. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay
Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family and damage to your 1998 Ford F-150.
Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.
Liability – This protects you from damage or injury you incur to other’s property or people by causing an accident. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.
Liability can pay for claims such as court costs, repair bills for other people’s vehicles, funeral expenses and attorney fees. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.
Collision coverage – This pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for claims such as driving through your garage door, hitting a mailbox, backing into a parked car, damaging your car on a curb and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.
Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as hitting a deer, rock chips in glass and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
As you restructure your insurance plan, make sure you don’t skimp on critical coverages to save a buck or two. In many instances, an insured dropped full coverage and discovered at claim time that the few dollars in savings costed them thousands. Your focus should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.
The cheapest 1998 Ford F-150 insurance is attainable both online and with local insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance companies do not provide online quoting and usually these regional carriers work with independent agencies.