Cheaper 1992 Ford Ranger Car Insurance Quotes

Locating cheaper insurance for a new or used Ford Ranger can be a painful process, but you can learn a few tricks to make it easier. There are both good and bad ways to shop for insurance so you’re going to learn the quickest way to quote coverages for a new or used Ford and locate the lowest price either online or from local insurance agents.

You need to check insurance prices once or twice a year due to the fact that insurance rates tend to go up over time. Just because you found the lowest price on Ranger insurance two years ago there may be better deals available now. You can find a lot of wrong information about insurance online but we’re going to give you the easiest ways to slash your insurance rates.

Cheap Insurance Comparisons

Cutting your insurance rates is not rocket science. Drivers just need to take the time getting comparison quotes provided by online insurance companies. This can be done in several different ways.

  • The most efficient way consumers can analyze rates is to use a rate comparison form (click to open form in new window). This easy form saves time by eliminating separate quote forms to each individual insurance company. Taking the time to complete one form will get you rate comparisons from multiple companies. It’s definitely the quickest method.
  • A more time consuming way to compare prices is going to the website for each individual company and complete a new quote form. For instance, let’s assume you want rates from Liberty Mutual, Progressive and GMAC. To get rate quotes you would need to visit each site and enter your policy data, which is why the first method is more popular.

    To view a list of companies in your area, click here.

However you get your quotes, compare exactly the same coverages with each company. If you are comparing higher or lower deductibles it will be very difficult to determine the lowest rate for your Ford Ranger.

How to reduce 1992 Ford Ranger insurance rates

Companies that sell car insurance don’t always publicize every discount in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find auto insurance savings. If you aren’t receiving every discount available, you are paying more than you should be.

  • Student Driver Training – Cut your cost by having your teen driver take driver’s ed class if it’s offered in school.
  • Accident Waiver – A handful of insurance companies allow you one accident without raising rates if you are claim-free for a particular time prior to the accident.
  • Payment Method – By paying your policy upfront instead of paying each month you can actually save on your bill.
  • Safety Course Discount – Completing a driver safety course can save you 5% or more if your company offers it.
  • New Car Discount – Adding a new car to your policy can cost up to 25% less due to better safety requirements for new cars.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for a discount up to 10% on Ranger insurance.
  • E-sign – Certain companies may give you up to $50 for buying a policy and signing up over the internet.
  • Military Discounts – Having a family member in the military may qualify for rate reductions.
  • Passive Restraint Discount – Cars that have air bags can qualify for discounts up to 30%.

A little note about advertised discounts, some of the credits will not apply to the entire policy premium. A few only apply to individual premiums such as comp or med pay. Even though it may seem like all those discounts means the company will pay you, companies don’t profit that way.

For a list of providers offering auto insurance discounts, click this link.

Ford Ranger rates are complex

Consumers need to have an understanding of the factors that help determine the price you pay for auto insurance. Having a good understanding of what influences your rates allows you to make educated decisions that will entitle you to lower auto insurance prices.

  • Save money with special equipment – Purchasing a vehicle with a theft deterrent system can save you a little every year. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping auto theft.
  • Marriage brings a discount – Being married can actually save you money when buying auto insurance. Having a significant other means you’re more responsible and it’s statistically proven that drivers who are married are more cautious.
  • Lower deductibles cost more – Deductibles for physical damage define the amount you are required to spend out-of-pocket before your auto insurance pays a claim. Physical damage insurance, also known as collision and other-than-collision, covers damage that occurs to your car. Some examples of claims that would be covered are running into the backend of another car, vandalism, and windstorm damage. The more the insured has to pay upfront, the lower your rates will be on Ranger insurance.
  • More claims means more premium – Auto insurance companies give discounts to people who do not file claims often. If you file claims often, you can look forward to higher rates. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.

Tailor your coverage to you

When it comes to choosing the best insurance coverage coverage, there isn’t really a one size fits all plan. Everyone’s needs are different.

For instance, these questions could help you determine whether you might need professional guidance.

  • Is my teenager covered with friends in the car?
  • Can I still get insurance after a DUI?
  • If my 1992 Ford Ranger is totaled, can I afford another vehicle?
  • Can I rate high risk drivers on liability-only vehicles?
  • Should I drop comprehensive coverage on older vehicles?
  • Should I put collision coverage on all my vehicles?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It’s fast, free and may give you better protection.

Specific coverages for a 1992 Ford Ranger

Having a good grasp of insurance aids in choosing which coverages you need for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Liability coverage

This coverage provides protection from injuries or damage you cause to a person or their property. This coverage protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 which stand for a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability can pay for claims such as legal defense fees, emergency aid, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive coverage (or Other than Collision)

This pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as theft, hail damage, damage from flooding and hitting a deer. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Auto collision coverage

Collision coverage covers damage to your Ranger resulting from a collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as scraping a guard rail, colliding with another moving vehicle and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Ford Ranger.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as dental work, X-ray expenses, rehabilitation expenses and chiropractic care. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Compare but don’t skimp

When trying to cut insurance costs, you should never buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced full coverage only to regret at claim time that the small savings ended up costing them much more. The ultimate goal is to purchase a proper amount of coverage at the best price while still protecting your assets.

Insureds change insurance companies for a variety of reasons including delays in paying claims, high prices, an unsatisfactory settlement offer and policy non-renewal. It doesn’t matter why you want to switch switching insurance coverage companies can be easier than you think.

In this article, we presented many tips how you can get a better price on 1992 Ford Ranger insurance. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding lower rates. You may even find the best prices are with an unexpected company.

For more information, take a look at the resources below: