Save on 1992 Ford Ranger Insurance Rates

Drivers who are new to the process of comparing insurance coverage rates online might discover buying the cheapest insurance coverage is more work than they anticipated.

How much does car insurance cost?

Performing a rate comparison can be a daunting task if you aren’t aware of the fastest way to get free quotes. You could waste time talking to insurance companies in your area, or you could save time and use online quotes to accomplish the same thing much quicker.

Most of the best insurance companies belong to a marketplace where prospective buyers submit one quote, and at least one company can give them a price determined by their information. This eliminates the need for form submissions to each individual car insurance company.

To find out what other companies charge click here (opens in new window).

The one downside to using this type of system is you cannot specify the companies you will receive quotes from. If you wish to select specific insurance companies to compare rates, we have assembled a list of car insurance companies in your area. View list of insurance companies.

Take whichever approach you prefer, but try to keep the exact same coverages and limits with each company. If you are comparing unequal deductibles or liability limits it will be next to impossible to determine which rate is truly the best. Having just a slight variation in limits may result in large price differences. Just remember that quoting more helps increase your odds of locating better pricing. Not every company does online rate quotes, so it’s important to also get price estimates from the smaller companies as well.

More affordable rates with discounts

Auto insurance companies do not list every disount available very well, so the list below gives a summary of a few of the more common as well as the least known discounts that you may qualify for.

  • Life Insurance Discount – If the company offers life insurance, you could get a small discount if you purchase some life insurance in addition to your auto policy.
  • Defensive Driving Course – Participating in a driver safety class could earn you a small percentage discount if your company offers it.
  • Switch and Save Discount – A few insurance companies offer discounts for signing up prior to your current policy expiration. The savings is around 10%.
  • Low Miles Discount – Fewer annual miles on your Ford may enable drivers to earn cheaper insurance coveragerates.
  • Discounts for New Vehicles – Buying a new car model can be considerably cheaper since newer vehicles have better safety ratings.
  • Clubs and Organizations – Belonging to a qualifying organization can get you a small discount when getting a insurance coverage quote.
  • Anti-lock Brakes – Vehicles that have anti-lock braking systems can avoid accidents and the ABS can save up to 10%.
  • Theft Prevention System – Vehicles with anti-theft systems help deter theft and qualify for as much as a 10% discount.

Policy discounts save money, but most discount credits are not given to the entire cost. Most only apply to the price of certain insurance coverages like medical payments or collision. So when the math indicates all those discounts means the company will pay you, that’s just not realistic.

A list of insurance coverage companies and a selection of discounts include:

  • Geico offers discounts including multi-vehicle, federal employee, emergency military deployment, air bags, and defensive driver.
  • MetLife offers premium reductions for good student, claim-free, good driver, accident-free, and multi-policy.
  • State Farm offers discounts for good student, multiple autos, defensive driving training, multiple policy, student away at school, accident-free, and Drive Safe & Save.
  • Progressive may include discounts for good student, online signing, continuous coverage, multi-vehicle, online quote discount, homeowner, and multi-policy.
  • Mercury Insurance has savings for annual mileage, type of vehicle, age of vehicle, location of vehicle, and multi-policy.
  • 21st Century may have discounts that include automatic seat belts, homeowners, anti-lock brakes, driver training, air bags, and theft prevention.
  • Allstate discounts include multi-policy, anti-lock brakes, early signing, good payer, and passive restraint.

Before you buy a policy, ask each company or agent to give you their best rates. Discounts may not apply to policies everywhere. To locate companies that offer the discounts shown above, follow this link.

What is the best car insurance coverage?

When choosing proper insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different.

These are some specific questions might point out if you would benefit from an agent’s advice.

  • When should my teen driver be added to my policy?
  • Can I still get insurance after a DUI?
  • Does my liability insurance cover pulling a trailer or camper?
  • What can I do if my company won’t pay a claim?
  • Is my 1992 Ford Ranger covered for flood damage?
  • Do I need rental car coverage?
  • Am I covered when using my vehicle for business?
  • What are the financial responsibility laws in my state?
  • What is PIP insurance?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, simply complete this short form.

Insurance prices are influenced by these factors

Lots of things are used when premium rates are determined. Some factors are common sense such as your driving record, although others are more obscure like your vehicle usage and annual miles driven.

  • A good credit score can save money – Having a bad credit history is likely to be a major factor in calculating your insurance rates. If your credit is lower than you’d like, you could be paying less to insure your 1992 Ford Ranger if you improve your credit rating. Drivers with excellent credit scores tend to file fewer claims and have better driving records than drivers with poor credit scores.
  • Insurance rates and your job – Occupations such as fire fighters, architects and miners usually pay the highest rates because of high stress levels and lots of time spent away from family. On the flip side, jobs like professors, historians and retirees pay the least for Ranger insurance.
  • Only buy coverage you need – There are many additional extra coverages that you can get tricked into buying but may not be useful. Insurance for coverage for rental cars, towing coverage, and term life insurance could be just wasting money. The coverages may be enticing when talking to your agent, but if you don’t need them eliminate them to save money.
  • Liability is peace of mind – The liability coverage on your policy is the coverage that protects you if ever you are responsible for physical damage or personal injury to other. Your liability coverage provides legal defense which can cost thousands of dollars. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so drivers should carry high limits.
  • Annual mileage and car insurance rates – The more you drive your Ford in a year the more you’ll pay to insure your vehicle. Most insurance companies price each vehicle’s coverage partially by how you use the vehicle. Vehicles that do not get driven very much get more affordable rates than vehicles that are driven to work every day. It’s a smart idea to ensure your insurance policy correctly shows how each vehicle is driven. Having the wrong rating on your Ranger may be wasting your money.

Auto insurance coverages 101

Understanding the coverages of auto insurance can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and coverage can change by endorsement.

Comprehensive coverage

This covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like a tree branch falling on your vehicle, hail damage and theft. The most your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for expenses for funeral costs, doctor visits and chiropractic care. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Ford Ranger.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Collision coverage protection

Collision coverage covers damage to your Ranger caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like sustaining damage from a pot hole, driving through your garage door, colliding with a tree and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Liability auto insurance

Liability coverage protects you from injuries or damage you cause to other people or property that is your fault. It protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as structural damage, funeral expenses and loss of income. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.

More quotes. Lower rates.

We just showed you a lot of techniques to save on 1992 Ford Ranger insurance. The key concept to understand is the more rate quotes you have, the better your comparison will be. Consumers could even find that the biggest savings come from a small local company.

As you restructure your insurance plan, make sure you don’t reduce coverage to reduce premium. There are many occasions where someone dropped collision coverage and discovered at claim time that it was a big mistake. The proper strategy is to buy a smart amount of coverage at the best price while not skimping on critical coverages.

Consumers who switch companies do it for many reasons like delays in responding to claim requests, policy non-renewal, delays in paying claims or even lack of trust in their agent. No matter why you want to switch, finding a new insurance company can be pretty painless.

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