Cheaper 1995 Ford F-350 Car Insurance Rates

I can’t think of anyone who cherishes buying auto insurance, in particular when they are paying too much. Many insurance companies compete for your insurance dollar, so it’s not easy to compare every insurer and get the best coverage at the lowest cost out there.

Save with discounts on Ford F-350 insurance

Insuring your vehicles can cost a lot, but there are discounts available to help offset the cost. Some discounts apply automatically when you get a quote, but some must be specifically requested before they will apply. If you don’t get every credit possible, you’re paying more than you need to.

  • Discounts for Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% less for F-350 insurance than drivers with accident claims.
  • Discount for Swiching Early – Some insurance companies reward drivers for switching policies prior to your current policy expiration. The savings is around 10%.
  • Multiple Cars – Insuring all your vehicles on one policy could earn a price break for each car.
  • Resident Student – Kids in college who are attending college without a vehicle on campus may be able to be covered for less.
  • Accident Forgiveness – A handful of insurance companies will forgive one accident before hitting you with a surcharge so long as you haven’t had any claims for a set time period.

It’s important to understand that most discounts do not apply the the whole policy. A few only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, it just doesn’t work that way. But any discount will bring down your overall premium however.

Companies that may have these discounts include:

Check with each company which discounts they offer. Some discounts might not apply in your area.

Ford F-350 rates influenced by many factors

An important part of buying insurance is that you know some of the elements that play a part in calculating insurance coverage rates. Having a good understanding of what impacts premium levels enables informed choices that will entitle you to better insurance coverage rates.

Shown below are a partial list of the pieces insurance coverage companies consider when setting prices.

  • Better crash test results mean better rates – Vehicles with high crash test scores get lower rates. Safe vehicles have better occupant injury protection and any reduction in injury severity means lower claim amounts and thus lower rates. If your Ford scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Do you have enough liability coverage? – Liability insurance is the coverage that protects you if you are found liable for damages from an accident. Liability insurance provides for a legal defense starting from day one. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
  • How’s your driving record? – A bad driving record has a big impact on rates. Even one ticket may increase your cost by as much as thirty percent. Drivers with clean records tend to pay less for car insurance than bad drivers. If you have serious violations such as hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 form with the DMV in their state in order to continue driving.
  • Your occupation can affect rates – Occupations such as doctors, social workers and stock brokers tend to pay the highest rates in part from high stress and long work hours. On the other hand, jobs such as scientists, students and the unemployed have the lowest average rates for F-350 insurance.
  • Never let your coverage lapse – Allowing your insurance coverage policy to lapse is a quick way to increase your insurance coverage rates. Not only will rates go up, failure to provide proof of insurance might get you a revoked license or a big fine.
  • Multiple policies with one company can save – Most insurers give discounts to people who carry more than one policy in the form of a multi-policy discount. Even with this discount, you still need to shop around to verify if the discount is saving money. You may still be able to find a better deal by splitting coverages up.
  • Your car’s features help determine rates – Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart auto theft.

Tailor your coverage to you

When it comes to choosing the best auto insurance coverage, there really is not a single plan that fits everyone. Everyone’s needs are different and your policy should reflect that. For instance, these questions might point out whether or not you will benefit from professional help.

  • Do I need roadside assistance coverage?
  • Do I benefit by insuring my home with the same company?
  • What are the financial responsibility laws in my state?
  • How high should my uninsured/underinsured coverage be in my state?
  • What if I don’t agree with a claim settlement offer?
  • Is a fancy paint job covered?
  • How can I get high-risk coverage after a DUI?
  • Can I afford low physical damage deductibles?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.

Auto insurance coverages

Knowing the specifics of your policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverages found on the average insurance policy.

Liability coverage

Liability coverage can cover damages or injuries you inflict on people or other property that is your fault. It protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Some companies may use a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as bail bonds, attorney fees, funeral expenses and pain and suffering. How much liability coverage do you need? That is your choice, but buy as large an amount as possible.

UM/UIM Coverage

This coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Ford F-350.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for immediate expenses for pain medications, ambulance fees, dental work, funeral costs and prosthetic devices. They are often utilized in addition to your health insurance plan 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. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision insurance

Collision coverage will pay to fix damage to your F-350 resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as sideswiping another vehicle, sustaining damage from a pot hole, colliding with a tree and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims like theft, damage from a tornado or hurricane and falling objects. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Save your cold hard cash

We’ve covered a lot of techniques to save on 1995 Ford F-350 insurance. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding lower rates. Consumers may even find the best prices are with some of the smallest insurance companies. Smaller companies often have lower prices on specific markets than the large multi-state companies such as Allstate and Progressive.

Discount insurance is available on the web in addition to many insurance agents, so you should be comparing quotes from both to have the best selection. Some companies do not provide the ability to get a quote online and these smaller companies work with independent agents.

Other articles