Cheap 2003 Ford Ranger Insurance Rates

Trying to find the cheapest insurance for a new or used Ford Ranger could be an all-consuming task, but you can learn our car insurance buying tips to save time.

There are more efficient ways to compare car insurance rates and you need to know the absolute fastest way to price shop coverage for your Ford and locate the lowest possible price from both online companies and local agents.

It’s a great practice to do rate comparisons occasionally since prices are usually higher with each renewal. Even if you got the lowest quotes for Ranger insurance last year you can probably find a better rate now. Forget anything you know (or think you know) about car insurance because you’re going to get a crash course in one of the easiest ways to save on car insurance.

If you have insurance now or need a new policy, you can use this information to cut your premiums and possibly find even better coverage. Finding cheaper protection can be fairly easy. Consumers only need to know the tricks to shop their coverage around online.

Low cost auto insurance prices

Comparing auto insurance rates can be a daunting task if you don’t know the easiest way. You can waste a few hours (or days) discussing policy coverages with local insurance agents in your area, or you could use the web to get pricing more quickly.

Many insurance companies belong to a marketplace that enables customers to enter their coverage request one time, and each participating company can give them a price for coverage. This system prevents you from having to do form submissions for each company.

To use this form to compare rates click here to open in new window.

The one disadvantage to doing it this way is you are unable to specify which companies to get pricing from. So if you prefer to choose from a list of companies to receive pricing from, we have a listing of auto insurance companies in your area. Click here for list of insurance companies.

Take whichever approach you prefer, but ensure you are comparing the exact same deductibles and coverage limits with each company. If each company quotes different deductibles it will be impossible to find the best deal for your Ford Ranger.

Insurance can get complicated

When buying the best insurance coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is a little different.

For example, these questions may help highlight if your insurance needs may require specific advice.

• What if I owe more than I can insure my car for?
• Is my nanny covered when driving my vehicle?
• Can my teen drive my company car?
• Why am I be forced to buy a membership to get insurance from some companies?
• I have good health insurance, so how much medical payments coverage do I need?
• When should I buy a commercial auto policy?
• Should I get collision insurance on every vehicle?
• Do I need medical payments coverage since I have good health insurance?
• Will my rates increase for filing one claim?
• Am I covered if I hit a deer?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and you can get the answers you need.

Parts of your auto insurance policy

Knowing the specifics of your auto insurance policy can be of help when determining the best coverages and proper limits and deductibles. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, theft, fire damage, a broken windshield and vandalism. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision insurance

Collision coverage pays for damage to your Ranger caused by collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like backing into a parked car, crashing into a building, crashing into a ditch and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for expenses for pain medications, EMT expenses, hospital visits, surgery and dental work. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

UM/UIM Coverage

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 as well as damage to your Ford Ranger.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages do not exceed the liability coverage limits.

Liability auto insurance

Liability coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as funeral expenses, structural damage and medical services. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.