Cheaper 2005 Ford Ranger Insurance Quotes

Are you sick and tired of robbing Peter to pay Paul to buy car insurance? Your situation is no different than many other drivers.

Numerous insurers battle for your insurance dollar, and because of this it can be hard to compare insurance companies and get the best coverage at the best rates possible.

If you are paying for car insurance now, you will be able to lower your premiums substantially using these methods. Buying car insurance is not rocket science. Although drivers must comprehend how companies price online insurance.

The easiest way to compare insurance rates from multiple companies is to understand most of the larger companies participate in online systems to give free rates quotes. To get started, all you need to do is provide information like the make and model of your vehicles, whether you drive to work or school, if a SR-22 is required, and level of coverage desired. The rating information is then sent to multiple different insurance companies and you get price estimates quickly.

To compare rates now, click here and find out if lower rates are available.

Pay less by taking advantage of discounts

Insurance can be prohibitively expensive, but there are discounts available to help bring down the price. Some trigger automatically when you complete an application, but some may not be applied and must be asked for before you will receive the discount.

  • Anti-theft Discount – Vehicles with anti-theft systems help deter theft and will save you 10% or more.
  • No Claims – Claim-free drivers pay much less when compared with frequent claim filers.
  • Discount for Swiching Early – Some insurance companies reward drivers for signing up prior to your current policy expiring. The savings is around 10%.
  • Bundle and Save – When you combine your home and auto insurance with one insurance company you may save approximately 10% to 15%.
  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you up to age 25.
  • New Vehicle Savings – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
  • Student Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class in high school.
  • One Accident Forgiven – A few companies will forgive one accident before your rates go up as long as you don’t have any claims for a set time period.
  • Safe Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less on Ranger insurance than drivers with accident claims.
  • College Student – Kids in college who are attending college and do not have a car may be able to be covered for less.

As a disclaimer on discounts, most discounts do not apply to your bottom line cost. Most only cut specific coverage prices like liability, collision or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, you won’t be that lucky. But any discount will help reduce your overall premium however.

A partial list of companies that may have these benefits include:

Check with all companies you are considering which discounts they offer. Some discounts might not apply everywhere.

Your coverage should be tailored to you

When it comes to buying proper insurance coverage, there is no one size fits all plan. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if you might need an agent’s assistance.

  • Am I covered if I crash into my own garage door?
  • How many claims can I have before being cancelled?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is my 2005 Ford Ranger covered for smoke damage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is pleasure use cheaper than using my 2005 Ford Ranger to commute?
  • I have health insurance so do I need medical payments coverage?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Pieces of the Ford Ranger insurance rate puzzle

Consumers need to have an understanding of the rating factors that come into play when calculating the rates you pay for car insurance. Understanding what impacts premium levels helps enable you to make changes that will entitle you to much lower annual insurance costs.

The list below includes a partial list of the pieces that factor into prices.

  • Protect yourself with liability coverage – Your policy’s liability coverage is the protection when a jury decides you are liable for causing damage or personal injury in an accident. It will provide you with a defense in court up to the limits shown on your policy. Liability insurance is quite affordable as compared to coverage for physical damage, so buy as much as you can afford.
  • More people means more accidents – Residing in a small town can save you money when buying car insurance. Lower population translates into fewer accidents as well as less vandalism and auto theft. City drivers tend to have traffic congestion and a longer drive to work. Longer commute distances means higher likelihood of an accident.
  • How’s your driving record? – Just one citation may increase your cost by twenty percent. Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Drivers who have severe citations like hit and run, DWI or reckless driving convictions may need to file a SR-22 with their state DMV in order to drive a vehicle legally.
  • Your occupation can affect rates – Occupations like real estate brokers, executives and stock brokers are shown to have the highest rates attributed to stressful work requirements and lots of time spent at work. On the other hand, jobs such as scientists, students and retirees pay the least on Ranger insurance.
  • Clean credit earns discounts – Your credit history is a large factor in determining your rates. So if your credit history is not that good, you could pay less to insure your 2005 Ford Ranger by repairing your credit. People with excellent credit tend to be more responsible than drivers who have lower credit scores.
  • Do you know your deductibles? – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Ford. A few examples of covered claims could be collision with another vehicle, damage from fire, or theft. The deductibles are how much you are required to spend out-of-pocket if you file a covered claim. The more expense you have to pay, the less your car insurance will be on Ranger insurance.

Car insurance coverage options for a Ford Ranger

Having a good grasp of a car insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Listed below are typical coverage types offered by car insurance companies.

Liability car insurance

Liability insurance can cover injuries or damage you cause to a person or their property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as repair costs for stationary objects, pain and suffering and medical services. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Protection from uninsured/underinsured drivers

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.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for collisions

This will pay to fix damage to your Ranger from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as sustaining damage from a pot hole, driving through your garage door, sideswiping another vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive (Other than Collision)

This pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like theft, hitting a bird and damage from a tornado or hurricane. The most a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like nursing services, pain medications, chiropractic care and X-ray expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

In Summary

We just covered many ways to lower your 2005 Ford Ranger insurance rates. It’s most important to understand that the more providers you compare, the higher the chance of saving money. You may be surprised to find that the best prices are with a company that doesn’t do a lot of advertising. Regional companies can often provide lower rates in certain areas compared to the large companies like Progressive and GEICO.

Discount insurance can be sourced on the web and with local insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not offer online quoting and many times these smaller companies only sell through independent insurance agents.

Much more information about insurance coverage is available at these links: