Cheap 2004 Ford Ranger Insurance Quotes

Having to pay for pricey Ford Ranger insurance can empty your family’s budget and force you to make tough financial choices. Comparing rate quotes is a smart way to make ends meet.

You have multiple car insurance companies to insure vehicles with, and although it’s nice to be able to choose, more options can take longer to find the lowest rates.

Smart consumers take time to check insurance prices before your policy renews because insurance rates are variable and change quite frequently. Even if you think you had the best premium rates on Ranger insurance a year ago there is a good chance you can find better prices now. There is a lot of bad information regarding insurance on the web, but by reading this article, you’re going to learn some great ideas on how to find cheap insurance.

Finding affordable coverage is quite easy. If you have insurance now or are looking for a new policy, you can use these techniques to cut your premiums and possibly find even better coverage. Drivers just need to understand the most efficient way to compare price quotes online.

The most recommended method to compare insurance rates in your area takes advantage of the fact most of the larger companies participate in a system to compare their rates. The one thing you need to do is provide a little information like the type of vehicles you drive, any included safety features, if you lease or own, and how your vehicles are used. That information is submitted instantly to many highly-rated insurers and they provide comparison quotes almost instantly.

Insurance companies offer money-saving discounts

Insurance is not an enjoyable expense, but discounts can save money and there are some available that you may not even know about. Certain reductions will be credited at quote time, but some need to be asked about before you will receive the discount.

  • New Car Discount – Insuring a new car can get you a discount since new vehicles are generally safer.
  • Bundle and Save – When you have multiple policies with the same company you will save at least 10% off all policies.
  • Claim-Free Discount – Drivers who stay claim-free pay less compared to insureds who have frequent claims or accidents.
  • Senior Citizens – Seniors may receive a slight reduction on a insurance coverage quote on Ranger insurance.
  • Telematics Data Discounts – Insureds who allow their insurance company to spy on their driving habits by installing a telematics device such as State Farm’s In-Drive might see lower rates if they show good driving skills.
  • Discounts for Multiple Vehicles – Buying coverage for several vehicles on the same insurance policy can get a discount for every vehicle.
  • Professional Memberships – Being a member of qualifying clubs or civic groups can get you a small discount when shopping for insurance.
  • Lower Rates for Military – Being on active deployment in the military could be rewarded with lower prices.
  • Student Discounts – This discount may save you up to 25%. You can use this discount normally well after school through age 25.

A little disclaimer on discounts, most discount credits are not given to the entire cost. A few only apply to the price of certain insurance coverages like comprehensive or collision. Even though the math looks like you would end up receiving a 100% discount, nobody gets a free ride.

Some of the insurance companies that may offer some of the discounts shown above possibly include:

If you need inexpensive insurance coverage quotes, ask all companies you are considering to give you their best rates. Depending on the company, some discounts may not be available in every state. To locate insurance companies with significant discounts, follow this link.

Insurance costs are influenced by these factors

An important part of buying insurance is that you know some of the things that help calculate the rates you pay for car insurance. When consumers understand what controls the rates you pay, this enables you to make decisions that can help you get much lower annual insurance costs. Lots of factors are taken into consideration when pricing auto insurance. Some factors are common sense like an MVR report, although some other factors are less apparent like your continuous coverage and annual miles driven.

  • Good credit saves on car insurance – Having a good credit score is a big factor in determining premium rates. Therefore, if your credit leaves room for improvement, you could be paying less to insure your 2004 Ford Ranger by spending a little time repairing your credit. Consumers who have good credit tend to file fewer claims and have better driving records as compared to drivers with poor credit.
  • Decrease car insurance rates by maintaining coverage – Not having insurance can get you a ticket and you will pay a penalty because you let your insurance coverage expire. Not only will rates go up, failure to provide proof of insurance may result in a revoked license or a big fine. You may have to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Certain vocations raise premiums – Occupational choices like real estate brokers, executives and accountants generally have higher premium rates in part from stressful work requirements and extremely grueling work hours. Other occupations like actors, historians and the unemployed receive lower rates on Ranger insurance.
  • Having a spouse can save you money – Walking down the aisle helps lower the price on your policy. Having a spouse means you’re more stable financially it has been statistically shown that drivers who are married are more cautious.
  • Men pay higher prices – Over the last 30 years, statistics show women are more cautious behind the wheel. However, this does not mean males are worse at driving than females. Males and females tend to get into auto accidents at about the same rate, but the males have costlier accidents. In addition to higher claims, males also have more aggressive citations like reckless driving and DUI. Young males are several times more likely to be in an accident and thus pay the highest rates.
  • Your liability coverage limits – The liability section of your policy is the coverage that protects you in the event that a jury decides you are liable for causing personal injury or damage in an accident. It provides you with a defense in court which can be incredibly expensive. Liability insurance is quite affordable compared to other policy coverages, so buy as much as you can afford.
  • Multiple policies with one company – Most companies allow better rates to buyers who have multiple policies with them in the form of a multi-policy discount. This can amount to as much as ten percent or more Even if you’re getting this discount it’s always a smart idea to check prices from other companies to confirm you are receiving the best rates possible. Consumers may find a better deal by insuring with multiple companies.

Do I just need basic coverages?

When choosing adequate coverage for your personal vehicles, there is no cookie cutter policy. Everyone’s needs are different and your policy should reflect that. For example, these questions may help you determine if you might need an agent’s assistance.

  • Is rental equipment covered for theft or damage?
  • Am I covered by my spouse’s policy after a separation?
  • Am I covered if I hit a deer?
  • What if I don’t agree with a claim settlement offer?
  • Does insurance cover damages from a DUI accident?
  • When would I need rental car insurance?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

The coverage is in the details

Understanding the coverages of your policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Listed below are typical coverages found on most insurance policies.

Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for immediate expenses like pain medications, surgery, EMT expenses and nursing services. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Ford Ranger.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive (Other than Collision) – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like hitting a deer, theft, a tree branch falling on your vehicle and a broken windshield. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision – This will pay to fix damage to your Ranger resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like driving through your garage door, sustaining damage from a pot hole and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Liability insurance – Liability coverage provides protection from damage that occurs to a person or their property that is your fault. This insurance protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things like attorney fees, pain and suffering, emergency aid and bail bonds. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Summing up your insurance coverage search

We covered a lot of ways to compare 2004 Ford Ranger insurance rates online. The key thing to remember is the more rate quotes you have, the higher your chance of finding the cheapest insurance coverage. You may be surprised to find that the best rates are with some of the lesser-known companies. Smaller companies may only write in your state and offer lower car insurance rates than their larger competitors like Progressive or GEICO.

While you’re price shopping online, never reduce coverage to reduce premium. In many cases, someone sacrificed full coverage and learned later that the small savings ended up costing them much more. The ultimate goal is to buy enough coverage at the lowest possible cost while not skimping on critical coverages.

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