2004 Ford Ranger Car Insurance Rates – 10 Policy Discounts

Want the cheapest car insurance rates for your Ford Ranger? Are you tired of trying to scrape together enough money to buy car insurance? Your situation is no different than many other consumers.

Lots of auto insurance companies contend for your hard-earned dollar, and because of this it can be hard to compare car insurance companies to get the cheapest price

Consumers need to take a look at other company’s rates every six months due to the fact that insurance rates are variable and change quite frequently. If you had the best price on Ranger coverage six months ago you may be paying too much now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate one of the easiest ways to buy cheaper car insurance.

If you have car insurance now, you will be able to cut costs considerably using this information. Choosing the best insurance company for you is not that difficult. Although consumers do need to learn the methods companies use to price insurance differently and take advantage of how the system works.

Get lower rates on 2004 Ford Ranger insurance

Insurance can be prohibitively expensive, but discounts can save money and there are some available to cut the cost considerably. Most are applied when you quote, but lesser-known reductions have to be specially asked for prior to receiving the credit.

  • Claim Free – Claim-free drivers pay less when compared to drivers who are more careless.
  • Good Students Pay Less – This discount can get you a discount of up to 25%. The discount lasts up to age 25.
  • Sign Online – A handful of insurance companies will give a small break for buying a policy and signing up over the internet.
  • More Vehicles More Savings – Having multiple cars or trucks on one policy could earn a price break for each car.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy before your current policy expires. The savings is around 10%.
  • Federal Employees – Simply working for the federal government could cut as much as 10% off on Ranger coverage depending on your company.
  • Military Rewards – Being deployed with a military unit can result in better rates.
  • Safe Drivers – Safe drivers may receive a discount up to 45% less on Ranger coverage than drivers with accidents.
  • Resident Student – Children living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.

As a disclaimer on discounts, some credits don’t apply to the entire policy premium. Some only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, it doesn’t quite work that way. Any qualifying discounts will reduce your premiums.

A partial list of companies that may offer these discounts are:

Double check with each company how you can save money. Some discounts may not apply in every state.

The most recommended method to compare rate quotes is to understand almost all companies actually pay money for the chance to provide you with free rate quotes. To start a quote, the only thing you need to do is provide details including how many miles driven, the year, make and model of vehicles, an estimate of your credit level, and deductibles desired. Your rating data is then sent to many of the top insurers and you will get price comparisons with very little delay.

Tailor your coverage to you

When buying the best insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s needs are different so your insurance should reflect that For example, these questions can aid in determining whether or not you could use an agent’s help.

  • When should my teen driver be added to my policy?
  • How much underlying liability do I need for an umbrella policy?
  • What is high-risk coverage and where do I buy it?
  • Is my Ford Ranger covered if I use it for business?
  • What if I total my 2004 Ford Ranger and owe more than it’s worth?
  • Do I have coverage if my license is suspended?
  • What exactly is covered by my policy?
  • If my pet gets injured in an accident are they covered?
  • Do I really need UM/UIM coverage?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Do insurance companies bend the truth?

Insurance companies such as Allstate and Progressive consistently run ads on TV and radio. They all seem to have a common claim about savings if you change to them. How does each company make the same claim? It’s all in the numbers.

Insurance companies have a preferred profile for the right customer that makes them money. For example, a desirable insured might be profiled as between 25 and 40, has no tickets, and has a short commute. A propective insured who meets those qualifications will get very good rates and therefore will save when they switch companies.

Potential insureds who do not match these standards will be charged a higher premium which usually ends up with business going elsewhere. The ads say “customers who switch” not “everybody who quotes” save money. That’s why insurance companies can confidently advertise the savings.

That is why drivers must get a wide range of price quotes. Because you never know which company will have the lowest Ford Ranger insurance rates.

Coverages available on your auto insurance policy

Having a good grasp of a auto insurance policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are typical coverage types found on the average auto insurance policy.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as nursing services, ambulance fees, surgery and doctor visits. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive coverages – This will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from a tornado or hurricane, falling objects, hitting a bird and a broken windshield. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability coverages – Liability insurance can cover injuries or damage you cause to a person or their property in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as structural damage, legal defense fees, medical expenses, repair costs for stationary objects and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as large an amount as possible.

Collision – This coverage will pay to fix damage to your Ranger resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as crashing into a building, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Stretch your dollar

When buying insurance coverage, never reduce coverage to reduce premium. There are many occasions where an accident victim reduced liability coverage limits only to regret at claim time that it was a big error on their part. The ultimate goal is to find the BEST coverage at the best price while still protecting your assets.

We just showed you quite a bit of information on how to compare 2004 Ford Ranger insurance prices online. The key concept to understand is the more companies you get rates for, the higher the chance of saving money. Drivers may discover the biggest savings come from an unexpected company. They may have significantly lower rates on certain market segments than their larger competitors like GEICO and State Farm.

More detailed insurance coverage information can be read by following these links: