Lower Your 2000 Ford Ranger Car Insurance Cost

Shopping for cheap auto insurance over the internet might seem somewhat intimidating for beginners to comparing and buying auto insurance on the internet. With such a large number of insurers available, how are we expected to have a chance to compare every one to find the lowest price?

You should take the time to do rate comparisons periodically due to the fact that insurance prices trend upward over time. Just because you found the best price for Ranger coverage last year you will most likely find a better rate quote today. Forget anything you know (or think you know) about auto insurance because you’re about to learn the fastest and easiest way to find great coverage at a great price.

If you are paying for car insurance now, you will most likely be able to save some money using these tips. This article will teach you how car insurance quotes work and some money-saving tips. But car owners must know how the larger insurance companies price online insurance.

How to buy insurance

There are a variety of methods to compare insurance quotes, and some are less time-consuming than others. You can spend your afternoon talking about coverages with insurance agencies in your area, or you could save time and use the web to get the quickest rates.

Many of the larger companies participate in an industry program that allows shoppers to enter their coverage request one time, and each participating company returns a rated price determined by their information. This prevents consumers from doing quote forms to each individual insurance company.

To fill out one form to compare multiple rates now click to open in new window.

The one downside to comparing rates this way is you don’t know exactly which providers to get pricing from. So if you prefer to choose specific insurance companies to request quotes from, we have a listing of companies who write insurance in your area. View list of insurance companies.

It’s your choice how you get your quotes, but double check that you are using equivalent coverages with each company. If your comparisons have differing limits it’s not possible to make a fair comparison for your Ford Ranger. Slightly different coverage limits can make a big difference in price. Just keep in mind that obtaining a wide range of quotes will enable you to find the best price.

Save a ton with these discounts

Companies offering auto insurance do not advertise every discount in a way that’s easy to find, so the list below gives a summary of some of the more common and also the lesser-known credits available to you. If you do not check that you are getting every discount you qualify for, you may be paying too high a price.

  • Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • Onboard Data Collection – Drivers who elect to allow companies to look at where and when they drive by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they are good drivers.
  • Passive Restraints – Cars that have air bags and/or automatic seat belt systems can qualify for discounts of 20 to 30 percent.
  • Senior Citizen Discount – Drivers that qualify as senior citizens are able to get a discount up to 10% for Ranger coverage.
  • Braking Control Discount – Cars equipped with ABS or steering control have fewer accidents and earn discounts up to 10%.
  • Early Signing – A few larger companies offer discounts for buying a policy prior to your current policy expiring. It could save around 10% when you buy auto insurance online.
  • Life Insurance Discount – Not all insurance companies offer life insurance, but some may give you a discounted auto insurance rate on car insurance if you buy some life insurance too.
  • Discounts for Federal Employees – Simply working for the federal government may qualify for a discount when you quote auto insurance for Ranger coverage with a few auto insurance companies.
  • Accident Waiver – This one isn’t a discount, but some companies like State Farm and Allstate will forgive one accident before they charge you more for coverage so long as you are claim-free prior to being involved in the accident.

Policy discounts save money, but most discount credits are not given the the whole policy. Some only reduce individual premiums such as collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

A few popular companies and a selection of discounts are included below.

  • American Family policyholders can earn discounts including early bird, multi-vehicle, good driver, defensive driver, and air bags.
  • Farm Bureau offers discounts for 55 and retired, youthful driver, safe driver, multi-policy, renewal discount, and driver training.
  • State Farm has savings for multiple autos, passive restraint, anti-theft, driver’s education, and Steer Clear safe driver discount.
  • Travelers includes discounts for home ownership, multi-car, IntelliDrive, multi-policy, student away at school, and good student.
  • The Hartford may include discounts for driver training, bundle, defensive driver, air bag, and anti-theft.
  • GEICO discounts include anti-lock brakes, good student, seat belt use, membership and employees, federal employee, air bags, and anti-theft.
  • Progressive has discounts for multi-vehicle, homeowner, good student, multi-policy, and online signing.

It’s a good idea to ask each insurance company which discounts can lower your rates. Some of the earlier mentioned discounts might not be offered on policies in your area. To view providers that have a full spectrum of discounts, follow this link.

Car insurance can be complex

When choosing the best car insurance coverage, there really is no best way to insure your cars. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might help in determining if your situation might need professional guidance.

  • Will filing a claim cost me more?
  • Is rental equipment covered for theft or damage?
  • How can I force my company to pay a claim?
  • What is an SR-22 filing?
  • Which is better, split liability limits or combined limits?
  • Am I covered when driving a rental car?
  • How can I get my company to pay me more for my totalled car?
  • Why do I only qualify for high-risk insurance?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, simply complete this short form.

Components of your Ford Ranger insurance premiums

Multiple criteria are used in the calculation when pricing auto insurance. A few of the factors are predictable such as your driving history, although some other factors are more obscure such as your credit history or how financially stable you are.Consumers need to have an understanding of some of the factors that play a part in calculating your insurance coverage rates. If you understand what determines base rates, this enables informed choices that may result in lower rates.

  • Low comp and collision deductibles mean high prices – Physical damage insurance, termed comprehensive and collision coverage on your policy, helps pay for damage to your vehicle. Some examples of covered claims would be colliding with a building, damage caused by hail, and windstorm damage. Comprehensive and collision coverage deductibles are the amount of money the insured will be required to pay if you file a covered claim. The more you’re willing to pay, the bigger discount you will receive for Ranger coverage.
  • Liability coverage – The liability section of your policy provides coverage if a court rules you are at fault for physical damage or personal injury to other. It provides for a legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so drivers should make sure they buy enough to cover all assets.
  • With age comes responsibility – Beginning drivers are known to be careless and easily distracted when driving with friends so they pay higher insurance coverage rates. More mature drivers are proven to be safer behind the wheel, are lower risk to insure .
  • Too many claims drive up premiums – If you tend to file frequent claims, you shouldn’t be surprised to get higher rates. Insurance companies give lower rates to people who are not frequent claim filers. Insurance coverage is designed for claims that you cannot pay yourself.

Insurance coverage in the media

Companies like 21st Century, Allstate and State Farm constantly bombard you with television and radio advertisements. All the ads state the claim that drivers will save a bundle if you get a free auto insurance quote and switch to their company. But how can every company charge lower premium rates?

All companies have strict underwriting profiles for the type of driver they prefer to insure. An example of a profitable risk profile may need to be over the age of 40, owns a home, and the vehicle is rated for pleasure use. Any new insured that matches those criteria will get very good premium rates and as a result will probably save if they switch.

Potential insureds who don’t meet the “perfect” profile may be required to pay more expensive rates which usually ends up with the driver buying from a lower-cost company. If you listen closely, the ads state “customers that switch” but not “all drivers who get quotes” save that much when switching. That’s why companies can state the savings. Because every company is different, drivers must compare many company’s premium rates. It’s impossible to know which insurance companies will fit you best based on your risk profile.

Insurance coverage specifics

Learning about specific coverages of your insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision insurance

This pays for damage to your Ranger resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things like hitting a parking meter, sustaining damage from a pot hole and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for expenses such as hospital visits, nursing services and EMT expenses. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Liability coverage

Liability insurance will cover injuries or damage you cause to other people or property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage pays for things such as court costs, attorney fees, repair costs for stationary objects, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

Uninsured or underinsured coverage

This coverage provides protection when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Comprehensive protection

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as rock chips in glass, damage from getting keyed and a broken windshield. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Quote often and quote early

Throughout this article, we presented a lot of tips how to compare 2000 Ford Ranger insurance auto insurance rates online. It’s most important to understand that the more quotes you get, the higher the chance of saving money. Drivers may discover the lowest auto insurance rates are with a small local company.

When getting auto insurance quotes online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many cases where an accident victim reduced collision coverage only to discover later that it was a big error on their part. The goal is to buy enough coverage for the lowest cost but still have enough coverage for asset protection.

Drivers who switch companies do it for many reasons like not issuing a premium refund, poor customer service, an unsatisfactory settlement offer or even unfair underwriting practices. Regardless of your reason, choosing a new insurance company can be easy and end up saving you some money.

More detailed car insurance information can be read in the articles below: