Cheaper 1994 Ford E-150 Insurance Quotes

Searching for the cheapest insurance for a Ford E-150 could be a lot of work, but you can learn these tips to find lower rates. There are both good and bad ways to shop for car insurance so we’re going to tell you the quickest way to price shop coverage for a Ford and get the lowest price either online or from local insurance agents.

If you have a current car insurance policy or need a new policy, you can follow these tips to cut your premiums while maintaining coverages. Shopping for more affordable protection can be fairly easy. Drivers only need to know the proper way to shop their coverage around on the web.

Shop insurance coverage online

Lowering your 1994 Ford E-150 insurance coverage rates is not a difficult process. The only thing you need to do is take a few minutes comparing rates from some recommended companies. This is very easy and can be done using a couple different methods.

  • The most recommended method to find the lowest comparison rates is to use a rate comparison form (click to open form in new window). This form eliminates the need for a different quote for every insurance coverage company. One form submission will return quotes from several companies. This is by far the quickest method.
  • A slightly less efficient method to compare rate quotes consists of going to the website of each company and get a separate price quote. For examples sake, we’ll pretend you want to get rates from Auto-Owners, State Farm and American Family. To get rate quotes you would need to spend time on each company’s site and repeatedly enter your information, which can get old fast.

    For a handy list of car insurance company links in your area, click here.

However you get your quotes, make darn sure you compare exactly the same coverages for each quote you get. If you enter unequal deductibles or liability limits it will be next to impossible to make a fair comparison for your Ford E-150.

Get affordable auto insurance quotes with discounts

Auto insurance is not cheap nor is it fun to buy but there are discounts available to cut the cost considerably. Some discounts apply automatically when you get a quote, but a few need to be manually applied prior to getting the savings.

  • Senior Citizen Discount – If you qualify as a senior citizen, you can get reduced rates on E-150 coverage.
  • Save with a New Car – Putting insurance on a new car can get you a discount since newer models are generally safer.
  • ABS and Traction Control Discounts – Vehicles with anti-lock braking systems can avoid accidents and qualify for as much as a 10% discount.
  • Driver Education Discount – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
  • Bundled Policy Discount – When you have multiple policies with the same insurance company you will save approximately 10% to 15%.
  • Full Payment Discount – If paying your policy premium upfront rather than spreading payments over time you could save 5% or more.
  • Driving Data Discount – Drivers who elect to allow data collection to track driving habits by using a telematics device in their vehicle such as State Farm’s In-Drive might get better premium rates if they are good drivers.
  • College Student – Older children who are enrolled in a college that is more than 100 miles from home without a vehicle on campus may be able to be covered for less.

A little note about advertised discounts, most credits do not apply the the whole policy. Some only reduce the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like adding up those discounts means a free policy, you won’t be that lucky.

A list of companies and a partial list of their discounts are outlined below.

  • State Farm offers discounts including Steer Clear safe driver discount, good driver, Drive Safe & Save, driver’s education, passive restraint, multiple autos, and good student.
  • Liberty Mutual offers discounts for new vehicle discount, newly married, safety features, hybrid vehicle, exclusive group savings, multi-car, and new graduate.
  • American Family may include discounts for air bags, mySafetyValet, TimeAway discount, good student, defensive driver, good driver, and bundled insurance.
  • Progressive may have discounts that include online quote discount, online signing, good student, multi-vehicle, and homeowner.
  • Farmers Insurance policyholders can earn discounts including homeowner, distant student, bundle discounts, multi-car, electronic funds transfer, alternative fuel, and mature driver.
  • Auto-Owners Insurance includes discounts for safe vehicle, teen driver, air bags, safe driver, multiple vehicles, and group or association.
  • SAFECO has discounts for safe driver, anti-lock brakes, homeowner, anti-theft, teen safe driver, teen safety rewards, and multi-car.

If you need affordable car insurance quotes, ask each insurance company what discounts are available to you. Depending on the company, some discounts may not be offered in your area.

Tailor your insurance coverage coverage to you

When buying coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine whether or not you might need an agent’s assistance.

  • Is rental equipment covered for theft or damage?
  • Am I covered if I hit a deer?
  • I don’t drive much so do I pay less?
  • How can I get high-risk coverage after a DUI?
  • Are my friends covered when driving my 1994 Ford E-150?
  • How do I file an SR-22 for a DUI in my state?
  • Does having multiple vehicles earn me a discount?
  • What happens if I owe more than my 1994 Ford E-150 is worth?
  • Do I need added coverage for expensive stereo equipment?

If you’re not sure about those questions, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

How insurers calculate Ford E-150 insurance premiums

Lots of factors are considered when pricing auto insurance. Some are pretty understandable like a motor vehicle report, although some other factors are less apparent such as your credit history and annual miles driven.It’s important that you understand a few of the rating criteria that come into play when calculating your premiums. If you have some idea of what positively or negatively impacts your premiums, this allows you to make educated decisions that can help you get big savings.

Shown below are some of the most common factors that factor into rates.

  • Do you really need roadside assistance? – Insurance companies have many extra add-on coverages that can waste your money but may not be useful. Coverage for things like rental car reimbursement, towing coverage, and extra equipment coverage may not be needed and are just wasting money. These coverages may sound good at first, but if you don’t need them think about removing them and cutting costs.
  • Battle of the sexes – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. The data does not necessarily mean that females are better at driving than males. Both genders tend to get into at-fault accidents in similar percentages, but males have accidents that have higher claims. They also get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly.
  • Experienced drivers save more – Young drivers have been known to get distracted easily behind the wheel and because of this, their auto insurance rates are much higher. More mature drivers are more cautious drivers, tend to cause fewer accidents , and usually have better credit.
  • Drivers with high credit save – A driver’s credit score can be a huge factor in your rate calculation. Insureds that have good credit tend to be more responsible than drivers with bad credit. If your credit rating leaves room for improvement, you could pay less to insure your 1994 Ford E-150 if you improve your credit rating.

What insurance coverages do you need?

Understanding the coverages of your insurance policy helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Collision – Collision insurance covers damage to your E-150 resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like damaging your car on a curb, sideswiping another vehicle, rolling your car and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Comprehensive (Other than Collision) – Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like theft, fire damage, hitting a deer, falling objects and damage from a tornado or hurricane. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability car insurance – This coverage provides protection from damage or injury you incur to a person or their property in an accident. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims such as structural damage, emergency aid and court costs. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Medical expense insurance – Med pay and PIP coverage kick in for immediate expenses for things like X-ray expenses, nursing services, dental work, funeral costs and rehabilitation expenses. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and also any damage incurred to your Ford E-150.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Be Smart and Buy Smart

When buying insurance coverage, it’s not a good idea to reduce needed coverages to save money. There have been many cases where an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim they didn’t purchase enough coverage. Your strategy should be to find the BEST coverage for the lowest price, but do not skimp to save money.

You just read some good ideas how to shop for 1994 Ford E-150 insurance online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers could even find that the biggest savings come from a company that doesn’t do a lot of advertising.

Insureds change insurance companies for many reasons like poor customer service, policy cancellation, extreme rates for teen drivers and even high prices. It doesn’t matter why you want to switch choosing a new insurance company can be less work than you think.

More detailed insurance coverage information can be found at these sites: