Cheaper 2001 Ford Ranger Insurance Rates

Want cheaper insurance rates for your Ford Ranger? Buying insurance online is challenging if you haven’t ever used price quotes online. Don’t worry though because finding affordable coverage online is easier than you think.

Lower your insurance prices

A large part of saving on auto insurance is knowing some of the things that are used to determine your premiums. If you have some idea of what impacts premium levels, this helps enable you to make changes that can help you get better auto insurance rates.

The following are some of the most common factors auto insurance companies consider when setting your rate level.

• Lower rates by increasing comp and collision deductibles – Comp and collision deductibles represent how much money you are willing to pay before your auto insurance pays a claim. Protection for physical damage, aka comp and collision, protects your car from damage. A few examples of covered claims would be rearending another vehicle, animal collisions, or theft of your vehicle. The higher the amount you pay before a claim is paid (deductible), the less your company will charge you for insurance on Ranger coverage.
• Only buy what you need – Insurance policies have a lot of extra add-on coverages that you can get tricked into buying on your Ranger policy. Insurance for rental car coverage, better glass coverage, and extra equipment coverage may not be needed and are just wasting money. These coverages may sound good when you first buy your policy, but if they’re wasting money consider taking them off your policy.
• Older drivers save more – More mature drivers are shown to be more cautious, tend to file fewer claims .Teenage drivers are statistically shown to be more careless when at the wheel of a vehicle so they pay higher auto insurance rates.
• Prevent theft and save – Owning a car that has a built-in theft deterrent system can save you a little every year. Anti-theft features like OnStar, LoJack tracking, and tamper alarms all hinder vehicle theft.

Which auto insurance is cheapest?

Most larger insurance companies like State Farm, Geico and Progressive allow you to get prices online. Doing online quotes doesn’t take much effort as you just type in the amount of coverage you want as requested by the quote form. Once entered, their quoting system obtains credit information and your driving record and generates a price based on the data you entered.

Online quotes makes it simple to compare prices but the process of having to visit different websites and complete many quote forms can be a bit repetitive. But it’s also necessary to perform this step if you are searching for the lowest auto insurance rates.

A better way to compare rates utilizes a single form that gets prices from many companies. The form is fast, reduces the work, and makes online price comparison much more enjoyable. After sending the form, it is quoted with multiple companies and you can pick your choice of the pricing results.

If a lower price is quoted, you can simply submit the application and purchase the new policy. The whole process takes less than 15 minutes and you will know how your current rates stack up.

In order to compare rates using this form now, simply click here to open in new window and enter your information. If you have your current policy handy, we recommend you enter the coverage information as close as possible to your current policy. Doing this guarantees you will be getting a fair comparison for similar coverage.

But they said I’d save $483 a year!

Insurance coverage companies such as State Farm, Geico and Progressive regularly use ads on television and other media. They all state the claim about how much you will save if you move to their company. How do they all make almost identical claims? It’s all in the wording.

Insurance companies can use profiling for the type of insured that will generate a profit. An example of a desirable risk might be married and over the age of 30, is a homeowner, and drives less than 10,000 miles a year. A driver that hits that “sweet spot” receives the best prices and as a result will probably save money with a new company.

Drivers who don’t meet this ideal profile will be charged a higher premium which results in the customer not purchasing. The ad wording is “drivers that switch” but not “all drivers who get quotes” save that kind of money. That’s the way companies can truthfully claim big savings.

Because of these techniques, you need to compare rate quotes every year. It’s just too difficult to predict the company that will have the lowest rate quotes.

Cheaper rates with these discounts

Insuring your fleet can be pricey, but there could be available discounts to cut the cost considerably. Certain credits will be shown when you purchase, but a few must be manually applied before being credited. If you do not check that you are getting every discount available, you may be paying too high a price.

• Defensive Driver Discounts – Successfully completing a course in defensive driver may get you a small discount and also improve your driving technique.
• Use Seat Belts – Forcing all vehicle occupants to buckle up can save 10% or more off the medical payments premium.
• Anti-lock Brakes – Anti-lock brake equipped vehicles are much safer to drive so you can save 10 percent or more.
• Homeowners Pay Less – Being a homeowner can save you money due to the fact that maintaining a home means you have a higher level of financial diligence.
• Federal Employees – Simply working for the federal government could qualify for a slight premium decrease on Ranger coverage with some insurance companies.
• No Accidents – Insureds with no claims or accidents are rewarded with significantly better rates on car insurance quote when compared to policyholders that have many claims.
• Early Payment Discounts – If you can afford to pay the entire bill instead of paying each month you can actually save on your bill.
• Multi-car Discount – Buying a policy with all your vehicles on one policy can get a discount on all vehicles.

Discounts reduce rates, but you should keep in mind that most credits do not apply to the overall cost of the policy. A few only apply to individual premiums such as liability and collision coverage. So even though it sounds like you could get a free insurance policy, that’s just not realistic.

A list of insurance companies and some of the discounts include:

• Geico offers discounts including military active duty, anti-theft, air bags, anti-lock brakes, federal employee, membership and employees, and defensive driver.
• USAA includes discounts for safe driver, vehicle storage, multi-policy, annual mileage, defensive driver, loyalty savings, and military installation.
• Progressive policyholders can earn discounts including homeowner, online quote discount, online signing, good student, continuous coverage, and multi-policy.
• American Family may include discounts for accident-free, defensive driver, TimeAway discount, multi-vehicle, air bags, Steer into Savings, and early bird.
• Esurance may offer discounts for online shopper, Pac-12 alumni, safety device, claim free, and anti-lock brakes.
• Farmers Insurance offers discounts for youthful driver, bundle discounts, teen driver, switch companies, and distant student.
• State Farm has discounts for anti-theft, good driver, driver’s education, accident-free, and student away at school.

Check with each insurance company to give you their best rates. Some of the discounts discussed earlier might not apply in every state. If you would like to view insurance companies that offer some of these discounts, follow this link.

Car insurance can be complex

When choosing the right insurance coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s needs are different.

For example, these questions could help you determine if your insurance needs would benefit from an agent’s advice.

• Will my vehicle be repaired with OEM or aftermarket parts?
• Why does it cost so much to insure a teen driver?
• How can I get my company to pay me more for my totalled car?
• Will filing a claim cost me more?
• Is my ex-spouse still covered by my policy?
• Is business property covered if stolen from my car?
• What is covered by UM/UIM coverage?
• Should I have combined single limit or split liability limits?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form.

Specifics of your car insurance policy

Learning about specific coverages of a car insurance policy can help you determine the right coverages for your vehicles. Car insurance terms can be ambiguous and coverage can change by endorsement.

Medical costs insurance

Med pay and PIP coverage pay for expenses such as EMT expenses, nursing services, hospital visits and dental work. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

This coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as damage from getting keyed, damage from a tornado or hurricane, fire damage, hitting a bird and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

UM/UIM Coverage

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Ford Ranger.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these coverages are similar to your liability insurance amounts.

Liability auto insurance

This coverage can cover injuries or damage you cause to other people or property that is your fault. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against claims like structural damage, pain and suffering and repair bills for other people’s vehicles. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Auto collision coverage

This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like damaging your car on a curb, sideswiping another vehicle, crashing into a building and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

A penny earned…

More affordable auto insurance is attainable online in addition to local insurance agencies, so you need to shop car insurance with both to have the best selection. Some companies may not have rates over the internet and usually these small, regional companies prefer to sell through independent insurance agencies.

Insureds leave their current company for a number of reasons such as not issuing a premium refund, extreme rates for teen drivers, delays in responding to claim requests or even an unsatisfactory settlement offer. It doesn’t matter why you want to switch finding a great new company can be pretty painless.

While you’re price shopping online, never buy poor coverage just to save money. In too many instances, someone sacrificed uninsured motorist or liability limits only to regret at claim time that the small savings ended up costing them much more. Your focus should be to buy the best coverage you can find at an affordable rate, but do not sacrifice coverage to save money.

Much more information about auto insurance can be found on the following sites:

• Side Impact Crash Tests (iihs.org)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Distracted Driving Extends Beyond Texting (State Farm)
• Comprehensive Coverage (Liberty Mutual)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)