How Much Does 2008 Ford Ranger Car Insurance Cost?

Want the cheapest insurance rates for your Ford Ranger? Are you sick and tired of not being able to afford to buy car insurance? You are in the same boat as many other consumers.

There are many auto insurance companies to pick from, and even though it’s nice to have a choice, too many choices makes it more difficult to compare company pricing.

How to Lower Your Car Insurance Cost

Effectively comparing car insurance prices can be a daunting task if you don’t know the most efficient way to do it. You can waste a lot of time discussing policy coverages with insurance agencies in your area, or you can utilize the internet to get prices fast.

Most of the best insurance companies take part in a program where prospective buyers enter their coverage request one time, and each company returns a rated price. This eliminates the need for quotation requests to each individual car insurance company.

To submit your quote information now, click here (opens in new window).

The only drawback to comparing rates this way is you don’t know exactly which companies to get pricing from. So if you prefer to choose specific insurance companies to receive pricing from, we have assembled a list of companies who write car insurance in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just double check that you are using the exact same coverages and limits with every price quote. If you have higher or lower deductibles it will be impossible to find the best deal for your Ford Ranger. Having just a slight variation in insurance coverages could mean much higher rates. And when comparing car insurance rates, know that comparing a large number of companies will increase your chances of finding the best offered rates.

Don’t overlook these discounts

Companies that sell car insurance don’t list every discount very clearly, so the following is a list of both the well known and the more hidden savings tricks you should be using.

  • Early Switch Discount – Some insurance companies reward drivers for switching to them prior to your current policy expiration. It’s a savings of about 10%.
  • Pay Upfront and Save – By paying your policy upfront rather than paying monthly you can actually save on your bill.
  • Save with a New Car – Putting insurance coverage on a new car can save up to 30% since new cars are generally safer.
  • Low Mileage – Driving fewer miles could qualify for discounted rates on garaged vehicles.
  • Driver Safety – Completing a driver safety course could cut 5% off your bill depending on where you live.
  • Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase life insurance from them.
  • Use Seat Belts – Requiring all passengers to use their safety belts could cut 10% or more off your PIP or medical payments premium.
  • Drive Safe and Save – Safe drivers may save up to 50% more for Ranger coverage than less cautious drivers.
  • Military Discounts – Having a deployed family member could be rewarded with lower premiums.

Keep in mind that most discount credits are not given to the entire policy premium. Most only apply to the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like all those discounts means the company will pay you, companies wouldn’t make money that way.

Car insurance companies that may have these discounts include:

It’s a good idea to ask all companies you are considering how you can save money. Discounts might not be offered in your state.

Is my situation unique?

When it comes to choosing the best auto insurance coverage, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that may help highlight if you could use an agent’s help.

  • What is high-risk coverage and where do I buy it?
  • Should I buy only the required minimum liability coverage?
  • Are all vehicle passengers covered by medical payments coverage?
  • Should I drop comprehensive coverage on older vehicles?
  • Does coverage extend to a rental car in a foreign country?
  • Am I better off with higher deductibles on my 2008 Ford Ranger?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Is my nanny covered when driving my vehicle?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

What determines your Ford Ranger insurance premium

It’s important that you understand the rating factors that play a part in calculating the rates you pay for auto insurance. Understanding what controls the rates you pay enables informed choices that may reward you with big savings.

  • Your location affects your rates – Residing in a rural area can save you money when insuring your vehicles. Fewer drivers means fewer accidents. City drivers regularly have traffic congestion and longer commute times. Higher commute times translates into higher accident risk.
  • Men are more aggressive – Statistics demonstrate women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. They both tend to get into accidents in similar percentages, but the male of the species cause more damage. Men also tend to get more serious tickets like DUI and reckless driving. Youthful male drivers are several times more likely to be in an accident and thus pay the highest rates.
  • Younger drivers pay higher rates – Mature drivers are more cautious drivers, file fewer claims and tend to be better behind the wheel. Teenage drivers are known to get distracted easily in a vehicle therefore auto insurance rates are much higher.
  • Being married is a good thing – Having a spouse helps lower the price on your policy. Marriage usually means you are more mature and it’s statistically proven that married drivers get in fewer accidents.

Insurance coverages and their meanings

Knowing the specifics of insurance aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverages found on most insurance policies.

Liability – This coverage will cover damages or injuries you inflict on other people or property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover 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 might see values of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers things such as legal defense fees, funeral expenses and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for EMT expenses, surgery, X-ray expenses, ambulance fees and dental work. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Comprehensive coverages – This pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from getting keyed, damage from flooding, rock chips in glass, vandalism and a tree branch falling on your vehicle. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision – This covers damage to your Ranger resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as backing into a parked car, sustaining damage from a pot hole, hitting a parking meter, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Make an honest buck

As you restructure your insurance plan, it’s a bad idea to reduce coverage to reduce premium. There have been many cases where an accident victim reduced collision coverage only to find out that the savings was not a smart move. Your aim should be to buy enough coverage at the best price while not skimping on critical coverages.

The cheapest 2008 Ford Ranger insurance is definitely available on the web and with local insurance agents, and you should be comparing both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

Additional insurance information can be read below: