Are you tired of scraping the payment together to insure your Ford every month? You’re in the same situation as most other car owners.
Numerous car insurance companies battle for your business, so it’s not easy to compare every provider and get the definite lowest price
Companies that sell car insurance do not list every discount very clearly, so here is a list some of the more common as well as the least known discounts you could be receiving.
A little note about advertised discounts, many deductions do not apply the the whole policy. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky.
To see a list of companies with the best insurance discounts, follow this link.
The easiest way to compare car insurance company rates is to realize almost all companies allow for online access to give free rates quotes. To get started, all you need to do is provide details such as the ages of drivers, how much coverage you want, whether you are single or married, and if you went to college. Your details is then submitted to many highly-rated insurers and they provide comparison quotes within a short period of time.
An important part of buying insurance is that you know the different types of things that come into play when calculating your auto insurance rates. Understanding what influences your rates enables informed choices that could result in lower auto insurance prices.
When it comes to choosing proper insurance coverage, there really is not a “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. Here are some questions about coverages that can aid in determining whether you may require specific advice.
If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.
Knowing the specifics of your policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverages found on most insurance policies.
Comprehensive auto coverage – This pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for things such as theft, vandalism, hitting a bird, hail damage and hitting a deer. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for dental work, rehabilitation expenses, X-ray expenses, hospital visits and EMT expenses. They are used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.
Since a lot of 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.
Collision coverage – This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.
Collision coverage protects against claims like backing into a parked car, colliding with another moving vehicle, sustaining damage from a pot hole, damaging your car on a curb and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.
Liability car insurance – Liability insurance can cover damages or injuries you inflict on other’s property or people in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.
Liability coverage protects against things such as court costs, repair bills for other people’s vehicles, medical services, loss of income and medical expenses. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.
In this article, we covered some good ideas how you can save on 1995 Ford Ranger insurance. The key thing to remember is the more you quote, the higher your chance of finding lower rates. You may even find the best prices are with a smaller regional carrier. These smaller insurers may only write in your state and offer lower rates than the large multi-state companies such as Allstate, GEICO and Progressive.
Budget-conscious insurance can be found both online and also from your neighborhood agents, so you should compare both to have the best selection. Some insurance providers may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.
More detailed insurance information is available by following these links: