1992 Ford F-350 Insurance Rates

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us when we tell you you’re not alone.

Insurance companies such as State Farm, Allstate, GEICO and Progressive all promote huge savings with TV and radio ads and consumers find it hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

If you currently have a car insurance policy, you will be able to lower your premiums substantially using this information. Buying car insurance is not rocket science. But car owners can benefit by having an understanding of how insurance companies determine prices and apply this information to your search.

Do you qualify for discount insurance coverage?

Some providers do not list every discount they offer very clearly, so the list below contains a few of the more well known and the more hidden credits that you can use to lower your rates. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you can avoid monthly service charges.
  • Accident-Free Discounts – Drivers who stay claim-free can earn big discounts when compared with frequent claim filers.
  • Save over 55 – Drivers that qualify as senior citizens can possibly qualify for lower premium rates for F-350 insurance.
  • Anti-lock Brake System – Cars, trucks, and SUVs equipped with ABS or steering control have fewer accidents and qualify for as much as a 10% discount.
  • Defensive Driver Discount – Taking part in a course that instructs on driving safety could save 5% or more and also improve your driving technique.
  • Telematics Data – Drivers who elect to allow driving data collection to look at vehicle usage by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease if they show good driving skills.
  • Distant Student Discount – College-age children who are attending college and do not take a car to college could qualify for this discount.
  • One Accident Forgiven – This isn’t a discount exactly, but a handful of insurance companies allow you one accident before raising your premiums as long as you don’t have any claims prior to the accident.

Don’t be surprised that most credits do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears it’s possible to get free car insurance, that’s just not realistic.

Larger insurance coverage companies and a selection of discounts can be read below.

  • Travelers has discounts for home ownership, multi-policy, good student, student away at school, and multi-car.
  • 21st Century offers premium reductions for homeowners, air bags, good student, theft prevention, early bird, student driver, and 55 and older.
  • State Farm offers discounts for anti-theft, multiple policy, multiple autos, passive restraint, good driver, and defensive driving training.
  • GEICO offers discounts including driver training, defensive driver, seat belt use, air bags, daytime running lights, and anti-lock brakes.
  • SAFECO has savings for accident prevention training, drive less, safe driver, teen safety rewards, homeowner, teen safe driver, and anti-theft.
  • AAA may offer discounts for pay-in-full, multi-car, anti-theft, AAA membership discount, multi-policy, good student, and good driver.

Before purchasing a policy, check with each company how you can save money. Some of the discounts discussed earlier might not be available to policyholders in your state. For a list of insurers with discount insurance coverage rates, click here.

What insurance coverages do I need?

When choosing proper insurance coverage, there is no “perfect” insurance plan. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if your insurance needs may require specific advice.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Are rental cars covered under my policy?
  • What is medical payments coverage?
  • How much liability coverage do I need in my state?
  • Is my 1992 Ford F-350 covered for smoke damage?
  • Is my cargo covered for damage or theft?
  • Am I getting all the discounts available?
  • Why am I be forced to buy a membership to get insurance from some companies?

If you don’t know the answers to these questions, you may need to chat with 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

Can you really save $476 a year?

State Farm, GEICO and Progressive endlessly run ads on television and other media. All the companies try to convey promises of big savings if you get a free insurance quote and switch to their company. How does each company charge you less for car insurance? It’s all in the words they use.

All companies quote the lowest rates for the driver they prefer to insure. For instance, a profitable insured may need to be a mature driver, has a clear driving record, and drives less than 10,000 miles a year. Someone that meets those criteria will qualify for the lowest rates and will also save when switching.

Insureds who cannot meet those criteria will be quoted higher prices which leads to the customer buying from a different company. The ads state “customers that switch” not “everyone who quotes” will save that much if they switch. That is how companies can truthfully make the claims of big savings.

This illustrates why you really should compare price quotes frequently. Because you cannot predict with any certainty which company will have the best prices for your profile.

Insurance coverage basics

Learning about specific coverages of a insurance policy aids in choosing the right coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and coverage can change by endorsement. Shown next are the usual coverages found on most insurance policies.

UM/UIM Coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Ford F-350.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Usually the UM/UIM limits are similar to your liability insurance amounts.

Auto collision coverage

This will pay to fix damage to your F-350 resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like driving through your garage door, damaging your car on a curb, sustaining damage from a pot hole and backing into a parked car. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Auto liability insurance

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

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability insurance covers things like bail bonds, legal defense fees and court costs. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as a broken windshield, hail damage, hitting a bird and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for bills like chiropractic care, dental work and rehabilitation expenses. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Save your hard earned cash

As you prepare to switch companies, do not skimp on coverage in order to save money. There are a lot of situations where an insured cut uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase plenty of coverage for the lowest price but still have enough coverage for asset protection.

Budget-conscious 1992 Ford F-350 insurance can be bought both online and from local agencies, so get free insurance quotes from both of them to have the best selection. Some car insurance companies do not provide price quotes online and usually these regional carriers only sell through independent insurance agents.

To learn more, take a look at these articles: