How Much Does 1998 Ford Ranger Car Insurance Cost?

Finding lower premiums on car insurance can seem to be hard for people who are new to comparing rates online. People have so many companies to choose from that it can be a real hassle to find the best price.

Consumers need to compare prices periodically because rates fluctuate regularly. Even if you got the lowest price on Ranger coverage a couple years back you will most likely find a better rate today. Ignore everything you know about car insurance because you’re about to learn the easiest way to buy cheaper car insurance.

If you currently have car insurance, you will be able to lower your premiums substantially using these tips. Finding cheaper auto insurance is simple if you know the tricks. But vehicle owners do need to understand the way companies price online insurance and apply this information to your search.

Lesser-known factors impacting Ford Ranger insurance rates

It’s important that you understand some of the elements that help determine your insurance coverage rates. Having a good understanding of what determines base rates allows you to make educated decisions that will entitle you to lower insurance coverage prices.

  • Lower deductibles cost more – Physical damage deductibles represent how much money you are willing to pay out-of-pocket before your insurance coverage pays a claim. Insurance for physical damage to your car, also known as collision and other-than-collision, protects your car from damage. Some instances where coverage would apply are colliding with a building, damage from fire, and rolling your vehicle. The more expense you are required to pay out-of-pocket, the lower your rates will be on Ranger coverage.
  • Rates may be higher depending on your occupation – Occupations like lawyers, architects and stock brokers have the highest rates attributed to high stress and lots of time spent at work. On the other hand, occupations such as actors, students and retirees get better rates on Ranger coverage.
  • Do you qualify for a multi-policy discount? – Some insurance coverage companies give discounts to customers who buy several policies from them in the form of a multi-policy discount. Even if you’re getting this discount you may still want to compare other company rates to make sure you are getting the best deal. Drivers may still find a better deal by insuring with multiple companies.
  • How your age affects price – Older drivers tend to be more responsible, tend to file fewer claims and get fewer tickets. Teen drivers tend to be less responsible behind the wheel therefore insurance coverage rates are much higher.
  • Little extras can really add up – There are a lot of add-on coverages that can waste your money on your insurance coverage policy. Things like rental car reimbursement, accident forgiveness and additional equipment coverage are examples of these. These may sound like a good investment at first, but now you might not need them so remove them from your policy.
  • You might want pay the small claims yourself – Companies provide cheaper rates to insureds who do not file claims often. If you are a frequent claim filer, you can look forward to higher rates. Insurance coverage is designed for the large, substantial claims.
  • Being married can save on insurance coverage – Having a wife or husband can actually save you money on your policy. It usually means you are more mature it has been statistically shown that married couples file fewer claims.

How to save on 1998 Ford Ranger insurance

The price of auto insurance can be rather high, but companies offer discounts to help bring down the price. A few discounts will automatically apply when you get a quote, but a few need to be manually applied before you get the savings.

  • Own a Home – Owning a house can save you money because maintaining a house demonstrates responsibility.
  • Auto/Life Discount – Select insurance companies reward you with better rates if you take out life insurance.
  • Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% on Ranger coverage with certain companies.
  • New Vehicle Savings – Adding a new car to your policy can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Pay Upfront and Save – If you pay your bill all at once rather than paying monthly you can actually save on your bill.
  • Passive Restraints and Air Bags – Factory air bags can receive discounts of 20% or more.
  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Senior Citizens – If you’re over the age of 55, you may be able to get better car insurance rates on Ranger coverage.
  • Multiple Vehicles – Having multiple vehicles with the same company can get a discount on all vehicles.

Keep in mind that some of the credits will not apply the the whole policy. The majority will only reduce the price of certain insurance coverages like comp or med pay. Even though it may seem like you could get a free car insurance policy, companies don’t profit that way. But any discount will reduce your premiums.

To see a list of insurers offering car insurance discounts, click this link.

Tailor your coverage to you

When choosing coverage for your personal vehicles, there is no one size fits all plan. Everyone’s situation is a little different.

For example, these questions could help you determine whether your personal situation could use an agent’s help.

  • Am I covered when driving on a suspended license?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • How does medical payments coverage work?
  • Why is insurance for a teen driver so high?
  • Can I still get insurance after a DUI?
  • Can I make deliveries for my home business?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form.

Parts of your insurance policy

Learning about specific coverages of a insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be ambiguous and coverage can change by endorsement.

Liability coverage

This coverage provides protection from damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU from claims by other people, 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. You commonly see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Another option is a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as structural damage, attorney fees and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for X-ray expenses, dental work, funeral costs and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

UM/UIM Coverage

This coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Ford Ranger.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these limits are set the same as your liablity limits.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as crashing into a ditch, sustaining damage from a pot hole and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

This coverage covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from getting keyed, hitting a deer, damage from a tornado or hurricane, theft and damage from flooding. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

More quotes. Lower rates.

Discount 1998 Ford Ranger insurance can be found on the web and also from your neighborhood agents, and you need to comparison shop both to have the best selection. A few companies may not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

When you buy insurance online, don’t be tempted to sacrifice coverage to reduce premiums. In many instances, someone dropped physical damage coverage only to find out that it was a big error on their part. The ultimate goal is to buy enough coverage at a price you can afford.

We covered a lot of ways to get a better price on insurance. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the lowest premiums are with a company that doesn’t do a lot of advertising.

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