2004 Ford Ranger Car Insurance Cost

Want cheaper auto insurance rates for your Ford Ranger? Car insurance shopping is not a chore consumers enjoy doing, but it’s mandatory before you can legally be on the road.

It’s a great practice to compare prices periodically due to the fact that insurance rates change quite often. Just because you found the best price on Ranger insurance six months ago there is a good chance you can find better rates now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to how to use online quotes to find better coverage at a better price.

If you currently have a car insurance policy, you should be able to cut costs considerably using these techniques. This information will introduce you to how car insurance quotes work and some tricks to saving. But consumers can benefit from knowing the way insurance companies market insurance on the web and apply this information to your search.

Insurance Comparison Rates

There are a variety of methods you can shop for 2004 Ford Ranger insurance but one way is more efficient than others. You could waste time talking about coverages with local insurance agents in your area, or you can stay home and use online quoting to get rate comparisons in just a few minutes.

Many insurance companies belong to an insurance system that enables customers to only type in their quote data once, and every company can provide price quotes based on that data. This saves time by eliminating repetitive form submissions to each company.

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One minor caviat to pricing coverage this way is that consumers can’t choose the companies you will receive quotes from. So if you want to select specific insurance companies to compare prices, we have a page of the cheapest insurance companies in your area. Click to view list.

It’s up to you how you get prices quotes, just make darn sure you compare apples-to-apples coverages with each company. If the quotes have different limits and deductibles on each one you can’t possibly determine which rate is truly the best. Quoting even small variations in coverages may result in a large different in cost. It’s important to know that quoting more will improve the odds of getting lower pricing.

Lesser-known factors impacting Ford Ranger insurance rates

Smart consumers have a good feel for the different types of things that help determine insurance rates. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to much lower annual insurance costs.

The following are some of the factors insurance companies consider when setting prices.

  • Never let your coverage lapse – Driving without insurance can get your license suspended and you will pay a penalty because you let your coverage lapse. Not only will you pay more, failure to provide proof of insurance can result in a hefty fine and possibly a revoked license.You may have to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Being married can save on insurance – Getting married helps lower the price when buying insurance. Having a spouse is viewed as being more responsible it has been statistically shown that being married results in fewer claims.
  • Car features impact rates – Choosing a vehicle with anti-theft technology or alarm system can save you a little every year. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart car theft.
  • Men pay higher rates – The statistics show women are more cautious behind the wheel. However, don’t assume that women are better drivers. They both tend to get into accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also have more aggressive citations such as DWI and reckless driving.
  • Keep rates low by being claim-free – If you frequently file small claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Companies award discounts to drivers who file claims infrequently. Auto insurance is meant to be used in the event of the large, substantial claims.

Do you qualify for discounts?

Car insurance can cost a lot, but there are discounts available that you may not even be aware of. Certain discounts will be applied at the time you complete a quote, but some may not be applied and must be asked for before they will apply.

  • Multiple Cars – Insuring all your vehicles with the same company may reduce the rate for each vehicle.
  • Own a Home – Being a homeowner may earn you a small savings because maintaining a house shows financial diligence.
  • Good Student Discount – Performing well in school can save 20 to 25%. The good student discount can last up to age 25.
  • Air Bag Discount – Cars that have air bags may earn rate discounts of 20% or more.
  • Accident Free – Good drivers with no accidents pay much less as compared to frequent claim filers.
  • Multi-policy Discount – When you combine your home and auto insurance with one insurance company you may save 10% to 20% off each policy.
  • New Car Discount – Buying coverage on a new vehicle can be considerably cheaper since new cars are generally safer.

Drivers should understand that most discount credits are not given the the whole policy. Most cut specific coverage prices like physical damage coverage or medical payments. So when the math indicates you would end up receiving a 100% discount, you won’t be that lucky. But any discount will reduce the cost of coverage.

Companies that may offer these money-saving discounts include:

It’s a good idea to ask all companies you are considering how you can save money. Savings may not be available in your state.

Don’t assume everyone needs the same coverage

When buying proper insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s.

For example, these questions could help you determine whether you will benefit from professional help.

  • Am I covered when driving someone else’s vehicle?
  • Are my friends covered when driving my car?
  • What happens if I owe more than my 2004 Ford Ranger is worth?
  • Does my policy cover my teen driver if they drive my company car?
  • When should I remove comp and collision on my 2004 Ford Ranger?
  • Do I have coverage when pulling a U-Haul trailer?
  • Does my liability insurance cover pulling a trailer or camper?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, take a second and complete this form.

Car insurance coverage specifics

Knowing the specifics of your policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Ford Ranger.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Normally these coverages do not exceed the liability coverage limits.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for bills for things like dental work, surgery, nursing services and EMT expenses. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Comprehensive insurance – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like hitting a deer, hitting a bird and hail damage. The most your car insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverages – This coverage pays for damage to your Ranger from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as rolling your car, colliding with another moving vehicle and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Liability coverage – Liability coverage provides protection from damage that occurs to other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like structural damage, medical expenses and court costs. How much coverage you buy is up to you, but buy as much as you can afford.

Cheaper insurance is a realistic goal

You just read many ideas to reduce 2004 Ford Ranger insurance prices online. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Consumers could even find that the best price on insurance coverage is with a lesser-known regional company.

Insureds leave their current company for a variety of reasons including being labeled a high risk driver, high prices, policy non-renewal or even high rates after DUI convictions. It doesn’t matter what your reason, finding the right insurance coverage provider is not as difficult as it may seem.

Discount insurance is available both online and also from your neighborhood agents, and you need to price shop both to have the best chance of lowering rates. A few companies may not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

Additional detailed information is located in the articles below: