Cheaper 1998 Ford E-350 Insurance Rates

I can’t think of anyone who looks forward to buying auto insurance, particularly when the price is too high.

Many auto insurance companies compete for your hard-earned dollar, and because of this it can be hard to compare insurance companies to discover the definitive lowest price

It’s a good habit to compare rates at least once a year since insurance rates change frequently. If you had the best rates for E-350 insurance a year ago you can probably find a lower rate today. You can find a lot of misleading information regarding auto insurance online, so I’m going to show you some good information on how to stop overpaying for insurance.

If you currently have a car insurance policy, you will be able to save some money using these techniques. Finding the best rates is not that difficult. But car owners must comprehend how insurance companies price online insurance and apply this information to your search.

Impacting insurance rates for a Ford E-350

An important part of buying insurance is that you know the rating factors that play a part in calculating auto insurance rates. When you know what positively or negatively influences your rates helps enable you to make changes that may reward you with big savings.

  • How many coverages with the same company – Most insurance companies provide better rates to customers who have multiple policies with them such as combining an auto and homeowners policy. Discounts can add up to 10 percent or more. Even with this discount, it’s still a good idea to shop around to confirm you are receiving the best rates possible.
  • No coverage gaps is important – Having an insurance coverage lapse is a fast way to increase your auto insurance rates. Not only will you pay more, failure to provide proof of insurance may earn you a license revocation or jail time.
  • Don’t buy coverages you don’t need – There are a lot of extra bells and whistles that you can get tricked into buying on your auto insurance policy. Coverages like personal injury protection, accidental death and term life insurance are some examples. These coverages may sound good initially, but if they’re wasting money get rid of them and save.
  • High credit ratings translate to low rates – Your credit score is a important factor in your rate calculation. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers who have lower ratings. If your credit rating is low, you could be paying less to insure your 1998 Ford E-350 by improving your rating.
  • Lower miles equals lower premium – Driving more miles in a year the more you’ll pay to insure your vehicle. The majority of insurers price each vehicle’s coverage based on their usage. Cars left parked in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Make sure your auto insurance coverage shows the proper vehicle usage, because it can save money. Incorrect usage on your E-350 can cost quite a bit.
  • Lower rates with optional equipment – Purchasing a vehicle that has an advanced theft prevention system can save you a little every year. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping auto theft.
  • Safer occupants lowers premiums – Vehicles with good safety scores tend to have better insurance rates. Safe vehicles have better occupant injury protection and fewer injuries means lower claim amounts passed on to you as lower rates. If your Ford E-350 scored better than four stars on or an “acceptable” rating on you may qualify for a discount.

How to Compare Insurance Rates

When shopping for insurance there are multiple ways of comparing rate quotes from insurance companies in your area. The fastest way to find the lowest 1998 Ford E-350 rates is simply to get online rate quotes. It is quite easy and can be accomplished in a couple of different ways.

  1. One of the best ways to get the best comparison quotes is to use a rate comparison form (click to open form in new window). This form eliminates the need for repetitive form entry for each company. One simple form gets rate comparisons from several companies.
  2. A harder way to obtain and compare quotes online requires a visit to each individual company website to complete their respective quote request forms. For sake of this example, we’ll assume you want to compare Farmers, 21st Century and GMAC. To find out each rate you need to take the time to go to each site and enter your policy data, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.
  3. The least efficient method of comparing rate quotes is to waste gas driving to different agent offices. Shopping for insurance online eliminates the need for an insurance agent unless you have a need for the personal advice of a licensed agent. You can, however, comparison shop your insurance online but buy from a local insurance agent and we’ll cover that in a bit.

Whichever method you choose, compare apples-to-apples coverage information for every quote you compare. If you compare different liability limits it will be next to impossible to determine the lowest rate for your Ford E-350. Quoting even small variations in limits may result in a large different in cost. And when price shopping your coverage, more quotes will enable you to find the best offered rates.

Is there truth in advertising?

Car insurance companies such as Progressive, Allstate and GEICO regularly use television and radio advertisements. They all seem to say the same thing about savings if you move your policy. How do they all claim to save you money?

All the different companies can use profiling for the type of customer that is profitable for them. For instance, a desirable insured might be between the ages of 30 and 50, has no prior claims, and chooses high deductibles. A driver who fits that profile is entitled to the best price and is almost guaranteed to save when they switch companies.

Potential customers who don’t meet this ideal profile will have to pay a higher premium which leads to business not being written. The ads state “customers that switch” not “everyone that quotes” save that kind of money. This is how insurance companies can advertise the way they do.

Because of the profiling, drivers should get quotes from several different companies. It’s just too difficult to predict the company that will give you the biggest savings on Ford E-350 insurance.

Policy discounts you shouldn’t miss

Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be triggered automatically at the time of purchase, but some may not be applied and must be requested specifically before you will receive the discount.

  • Air Bag Discount – Vehicles with factory air bags or motorized seat belts can get savings up to 30%.
  • Government Employees – Active or retired federal employment may qualify you for a discount for E-350 insurance with select insurance companies.
  • Lower Rates for Military – Having a deployed family member could mean lower rates.
  • Bundle and Save – When you have multiple policies with one insurance company you may save approximately 10% to 15%.
  • Drive Less and Save – Fewer annual miles on your Ford can qualify you for better rates on cars that stay parked.
  • Save over 55 – Mature drivers may be able to get reduced rates for E-350 insurance.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if offered at their school.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
  • E-sign – A few companies will give a small break for buying a policy and signing up digitally online.

As a disclaimer on discounts, most discounts do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts will help reduce the cost of coverage.

For a list of providers with the best car insurance discounts, click here to view.

Insurance agents can help

When choosing coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different so this has to be addressed. For example, these questions can help discover if your insurance needs would benefit from professional advice.

  • What is no-fault insurance?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Will filing a claim cost me more?
  • Can I afford to pay high deductible claims out of pocket?
  • Does my 1998 Ford E-350 need full coverage?
  • Should I have a commercial auto policy?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Auto insurance coverage options for a Ford E-350

Learning about specific coverages of auto insurance can help you determine 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. Below you’ll find the usual coverages found on most auto insurance policies.

Auto liability – Liability insurance provides protection from damage or injury you incur to other’s property or people in an accident. It protects YOU from claims by other people, 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 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims like loss of income, emergency aid and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Coverage for medical payments – Med pay and PIP coverage pay for expenses for things like funeral costs, pain medications and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these limits are identical to your policy’s liability coverage.

Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like a broken windshield, damage from flooding, hitting a bird and rock chips in glass. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverages – This covers damage to your E-350 caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as hitting a mailbox, sideswiping another vehicle, sustaining damage from a pot hole and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Be Smart and Buy Smart

We just presented a lot of ways to reduce 1998 Ford E-350 insurance prices online. The most important thing to understand is the more providers you compare, the better your chances of lowering your rates. Consumers may even find the biggest savings come from a small mutual company. These companies may only write in your state and offer lower rates as compared to the big name companies such as Allstate or State Farm.

When buying insurance coverage, never buy poor coverage just to save money. There are many occasions where someone dropped liability limits or collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to purchase a proper amount of coverage at the best price, not the least amount of coverage.

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