Compare 2001 Ford Ranger Insurance Rates

Trying to find lower insurance rates for your Ford Ranger? Do you think you bought an underperforming, overpriced insurance policy? Say no more because there are a lot of people just like you who feel imprisoned by their insurance policy. Popular companies such as State Farm, Progressive and GEICO continually bombard you with advertising and it is challenging if not impossible to see through the deception and find the best price available.

You should make it a habit to do rate comparisons yearly since insurance rates are constantly changing. Even if you got the best rate on Ranger coverage six months ago a different company probably has better prices today. Forget all the misinformation about insurance because you’re going to learn the fastest and easiest way to save money, get proper coverage and the best rates.

Save money with these discounts

Insurance can be prohibitively expensive, but there’s a good chance there are discounts that may help make it more affordable. Many discounts should be triggered at the time you complete a quote, but a few must be asked about before you get the savings.

  • ABS Brakes – Vehicles with ABS braking systems or traction control can stop better under adverse conditions and qualify for as much as a 10% discount.
  • Theft Prevention System – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen and can earn a small discount on your policy.
  • Payment Method – By paying your policy upfront as opposed to paying monthly you may reduce your total bill.
  • Good Students Pay Less – A discount for being a good student can get you a discount of up to 25%. Most companies allow this discount until age 25.
  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discounted price on car insurance if you buy auto and life insurance together.
  • Lower Rates for Military – Being deployed in the military can result in better rates.
  • Multiple Policy Discount – If you combine your auto and home policies with one company you will save up to 20% and get you affordable insurance coverage.
  • Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts could see savings of 20% or more.

You should keep in mind that most discounts do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears it’s possible to get free car insurance, companies wouldn’t make money that way. But any discount should help reduce your policy cost.

A few companies that may have these money-saving discounts include:

Before you buy a policy, ask all the companies which discounts they offer. All car insurance discounts may not be available in every state.

The easiest way to compare car insurance rates is to realize most larger insurance companies will pay a fee to provide you with a free rate quote. The only thing you need to do is provide information such as if the vehicle is leased, if you have an active license, how you use your vehicles, and which vehicles you own. Your information is sent automatically to all major companies and you get price estimates immediately.

To get price quotes for your car now, click here and enter your zip code.

Why smart buyers pay less for Ford Ranger insurance

Lots of factors are used when you quote your car insurance policy. Some of the criteria are obvious like an MVR report, but other factors are less obvious like your vehicle usage and annual miles driven.

The items below are just a few of the factors car insurance companies consider when setting prices.

  • Put fewer miles on your vehicle – The more you drive your Ford in a year the higher your rates will be. Most insurance companies rate vehicles partially by how you use the vehicle. Cars used primarily for pleasure use cost less to insure as compared to vehicles used primarily for driving to work. Having an incorrect usage rating on your Ranger may be costing you higher rates. It’s a good idea to make sure your car insurance policy correctly shows the proper vehicle usage, because improper ratings can cost you money.
  • Single drivers take more risk – Being married may earn you lower rates on your car insurance policy. It is viewed as being more financially stable it has been statistically shown that married drivers get in fewer accidents.
  • Pay more by driving carelessly – How you drive has a huge affect on how much you pay. Careful drivers get better rates as compared to careless drivers. Even one citation can increase rates by as much as twenty percent. Drivers who have received multiple tickets like DUI or reckless driving are required to maintain a SR-22 with their state in order to prevent their license from being revoked.
  • No car insurance claims equals cheaper car insurance rates – If you frequently file small claims, you can definitely plan on either policy cancellation or increased premiums. Car insurance companies give discounts to people who are claim-free. Insurance coverage is intended for the large, substantial claims.
  • You may save more by bundling policies – Most car insurance companies afford a discount to insureds that purchase more than one policy in the form of a multi-policy discount. If you currently are using one company, you still need to check prices from other companies to help guarantee you have the best rates. You may still be able to save even more than the discount by splitting coverages up.
  • Where you call home – Having an address in small towns and rural areas can save you money if you are looking for the lowest rates. City drivers have to deal with much more traffic and more severe claims. Fewer drivers and short commutes corresponds to lower accident rates as well as less vandalism and auto theft.
  • Gender is a factor – Over the last 30 years, statistics show women tend to be less risk to insure than men. The data does not necessarily mean that men are worse drivers. Both sexes are in at-fault accidents in similar percentages, but men have accidents that have higher claims. Not only that, but men also receive more major tickets like DWI (DUI) or reckless driving.
  • Mature drivers pay less – Older drivers are proven to be safer behind the wheel, tend to cause fewer accidents and tend to be get fewer driving tickets.Young drivers are known to be inattentive and easily distracted in a vehicle so they pay higher car insurance rates.

Insurance can be complex

When choosing the right insurance coverage, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that might help in determining whether or not you could use an agent’s help.

  • Is my camper covered by my car insurance policy?
  • Should I waive the damage coverage when renting a car?
  • Does coverage extend to a rental car in a foreign country?
  • What discounts do I qualify for?
  • Am I covered if I break a side mirror?
  • Do I need replacement cost coverage on my 2001 Ford Ranger?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Do drivers who switch really save?

Consumers can’t get away from ads that promise big savings from the likes of GEICO, State Farm and Progressive. They all seem to convey the message of big savings if you switch to their company.

How is it possible that every company can have lower policy pricing? Here is the trick they use.

All companies have a preferred profile for the driver they prefer to insure. One example of this type of risk profile might be described as over the age of 35, has few claims, and drives a car with an anti-theft system. Any person that fits those parameters will most likely get cheap car insurance rates and will save money with a new company.

Potential insureds who are not a match for this stringent profile will be quoted higher prices which leads to business going elsewhere. The trick companies use is to say “people who switch” not “all people who quote” save that kind of money. That’s the way insurance companies can confidently make it sound like they have such great rates. Different companies use different criteria so you really should get insurance coverage quotes as often as possible. It is just not possible to predict which company will have the best prices for your profile.

Insurance policy coverages for a 2001 Ford Ranger

Learning about specific coverages of a insurance policy aids in choosing which coverages you need for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average insurance policy.

Collision coverage

This coverage will pay to fix damage to your Ranger resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as rolling your car, colliding with a tree, sustaining damage from a pot hole, damaging your car on a curb and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to increase the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

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. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive coverages

This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hitting a deer, falling objects, hail damage and vandalism. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability auto insurance

Liability coverage will cover damage or injury you incur to a person or their property. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: 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 property damage coverage for $50,000.

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

Coverage for medical payments

Med pay and PIP coverage pay for expenses such as rehabilitation expenses, hospital visits, funeral costs, EMT expenses and ambulance fees. They are used in conjunction with a health insurance program or if there is no health insurance coverage. They cover you and your occupants and will also cover being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

Best coverage at the best price

Some insurance companies don’t offer the ability to get quotes online and usually these smaller providers only sell through independent agencies. The cheapest 2001 Ford Ranger insurance can be bought from both online companies and from local agencies, so you should be comparing quotes from both in order to have the best chance of saving money.

As you go through the steps to switch your coverage, never reduce needed coverages to save money. There are many occasions where someone dropped uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your aim should be to find the BEST coverage at an affordable rate, but don’t skip important coverages to save money.

Much more information about car insurance can be read at the links below