Compare 2011 Ford Ranger Car Insurance Cost

Searching for cheaper insurance rates for your Ford Ranger? Nobody likes paying for insurance, in particular when they are paying too much. Since consumers have many insurance providers from which to choose, it is hard for the average consumer to pick the cheapest car insurance company.

It’s smart to price shop coverage before your policy renews because prices tend to go up over time. Even if you got the lowest rates on Ranger insurance a couple years back other companies may now be cheaper. So just forget anything you know (or think you know) about insurance because I’m going to teach you the quickest way to properly buy coverages and cut your premium.

Choosing the best insurance company for you is not that difficult. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. Drivers only need to know the proper methods to shop for insurance on the web.

Elements that influence Ford Ranger insurance rates

Smart consumers have a good feel for the factors that come into play when calculating the price you pay for insurance coverage. Understanding what influences your rates empowers consumers to make smart changes that can help you get much lower annual insurance costs.

The list below includes a few of the “ingredients” used by your company to calculate your rates.

  • High deductibles save money – Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Ford. Some examples of claims that would be covered would be running into the backend of another car, collision with an animal, or theft. Deductibles for physical damage are how much you are required to spend out-of-pocket before your insurance coverage pays a claim. The higher the amount the insured has to pay upfront, the bigger discount you will receive on Ranger insurance.
  • Do you need the policy add-ons? – There are many add-on coverages that can waste your money when buying insurance coverage. Coverages like rental car reimbursement, accident forgiveness and additional equipment coverage may be wasting your money. These coverages may sound good when talking to your agent, but now you might not need them so get rid of them and save.
  • Do you work long hours in a high stress job? – Jobs such as doctors, social workers and financial analysts have higher average rates due to stressful work requirements and lengthy work days. Conversely, occupations such as farmers, engineers and the unemployed get better rates on Ranger insurance.
  • How many coverages with the same company – Many companies give discounts to customers who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even with this discount, you still need to shop around to ensure the best deal. You may still find a better deal by splitting coverages up.
  • Having a spouse can save you money – Getting married actually saves money on your insurance coverage policy. It translates into being more mature than a single person and it’s statistically proven that married drivers get in fewer accidents.

Low Cost Auto Insurance

There are several ways to compare Ford Ranger auto insurance prices but there is one way that is easier and takes less work. You can waste a lot of time talking about coverages with local insurance agents in your area, or you can stay home and use online quotes to achieve your goal.

Most major companies take part in a program that enables customers to send in one quote, and every company can give them a price. This saves time by eliminating quotation requests for each company you want a rate for.

To get comparison pricing now click here to open in new window.

One minor caviat to doing it this way is you can’t choose the companies you will receive quotes from. If you would rather choose from a list of companies for rate comparison, we have a page of low cost auto insurance companies in your area. Click here to view list.

Whichever way you use, double check that you are using identical information for every quote you compare. If you compare different values for each quote it will be next to impossible to truly determine the lowest rate.

Do car insurance companies bend the truth?

Consumers can’t get away from ads for cheaper car insurance by companies like Allstate, Geico and Progressive. All the companies make an identical promise about savings if you change to them.

How does each company claim to save you money?

Insurance companies have a certain “appetite” for the driver that earns them a profit. An example of a preferred risk could be over the age of 50, has no driving citations, and chooses high deductibles. A customer that hits that “sweet spot” will get very good rates and most likely will save quite a bit of money when switching.

Drivers who don’t measure up to the “perfect” profile will be charged higher rates and this can result in the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “everybody who quotes” save that much money. That’s the way insurance companies can make those claims. That is why it’s extremely important to get a wide range of price quotes. It’s just too difficult to predict which car insurance company will provide you with the cheapest Ford Ranger insurance rates.

These discounts can lower your rates

Companies offering auto insurance do not list every discount in an easy-to-find place, so we took the time to find some of the best known and the harder-to-find savings tricks you should be using. If they aren’t giving you every credit possible, you are throwing money away.

  • Distant Student – Children who are attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Sign Online – A handful of insurance companies give back up to $50 simply for signing digitally online.
  • Claim Free – Claim-free drivers can save substantially compared to drivers who are more careless.
  • Life Insurance – Larger companies have a break if you buy auto and life insurance together.
  • Drivers Education – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.
  • Military Rewards – Having a family member in the military could mean lower rates.
  • More Vehicles More Savings – Having multiple cars or trucks with the same company could earn a price break for each car.
  • Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and will save you 10% or more.
  • Federal Employees – Employees or retirees of the government may qualify you for a discount on Ranger insurance with certain companies.

Drivers should understand that most credits do not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like adding up those discounts means a free policy, you’re out of luck.

To see a list of insurers with the best insurance coverage discounts, follow this link.

Different people need different coverages

When it comes to choosing adequate coverage, there is no single plan that fits everyone. Each situation is unique so your insurance should reflect that Here are some questions about coverages that can help discover whether you might need professional guidance.

  • I have good health insurance, so how much medical payments coverage do I need?
  • How many claims can I have before being cancelled?
  • Why do I need rental car insurance?
  • Is my custom paint covered by insurance?
  • What are the financial responsibility laws in my state?
  • How does medical payments coverage work?
  • How do I insure my teen driver?
  • If my 2011 Ford Ranger is totaled, can I afford another vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Parts of your insurance policy

Learning about specific coverages of your insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages available from insurance companies.

Liability coverage – Liability coverage can cover injuries or damage you cause to a person or their property. This insurance protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as repair costs for stationary objects, court costs, funeral expenses, medical services and pain and suffering. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like surgery, chiropractic care and hospital visits. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Collision coverage – Collision coverage pays for damage to your Ranger resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like sideswiping another vehicle, crashing into a ditch, backing into a parked car, hitting a parking meter and rolling your car. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive protection – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, damage from getting keyed, damage from flooding and hail damage. The highest amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

A fool and his money are soon parted

In this article, we covered many ideas to compare 2011 Ford Ranger insurance prices online. The key concept to understand is the more times you quote, the better your comparison will be. Consumers may even find the lowest priced auto insurance comes from the least-expected company. They can often insure niche markets at a lower cost than the large multi-state companies such as Allstate, Geico and Progressive.

As you prepare to switch companies, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured cut collision coverage only to regret at claim time they didn’t have enough coverage. The ultimate goal is to purchase a proper amount of coverage at a price you can afford.

Additional auto insurance information is located on the following sites: