2006 Ford Ranger Insurance Rates

Searching for cheaper insurance coverage rates for your Ford Ranger? Nobody looks forward to buying insurance coverage, particularly when their premiums are too high. Because you have many options when it comes to insurance coverage, it’s nearly impossible to pick the cheapest insurer.

It’s important to get comparison quotes before your policy renews since insurance rates are constantly changing. Even if you got the lowest rates on Ranger insurance on your last policy you can probably find a better price now. You’ll find quite a bit of inaccurate information about insurance coverage online but with this article, you’re going to get some great ideas on how to quit paying high insurance coverage rates.

The purpose of this post is to help educate you on how car insurance quotes work and some tricks to saving. If you currently have a car insurance policy, you should be able to save some money using these tips. Drivers just need to learn the most efficient way to compare company rates online.

Get lower rates on Ford Ranger insurance

The price of auto insurance can be rather high, but discounts can save money and there are some available to reduce the price significantly. Some discounts apply automatically when you get a quote, but lesser-known reductions have to be asked about before you get the savings. If they aren’t giving you every credit available, you’re just leaving money on the table.

  • Employee of Federal Government – Simply working for the federal government could cut as much as 10% off on Ranger insurance with select insurance companies.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Safe Driver Discount – Safe drivers may receive a discount up to 45% less on Ranger insurance than less cautious drivers.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same company you could get a discount of approximately 10% to 15%.
  • Seat Belt Usage – Drivers who require all occupants to use a seat belt could save 15% off your PIP or medical payments premium.
  • Fewer Miles Equal More Savings – Driving fewer miles could be rewarded with a substantially lower rate.
  • Auto/Life Discount – Select insurance companies reward you with lower rates if you buy life insurance.

Consumers should know that many deductions do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as comp or med pay. Just because you may think having all the discounts means you get insurance for free, it doesn’t quite work that way. Any qualifying discounts will cut the cost of coverage.

A partial list of companies who might offer these money-saving discounts include:

It’s a good idea to ask every prospective company which discounts they offer. Some discounts may not be available in your state.

Ford Ranger insurance rates have many determining factors

It’s important that you understand some of the elements that come into play when calculating your car insurance rates. Having a good understanding of what influences your rates empowers consumers to make smart changes that will entitle you to big savings.

The list below includes some of the factors used by your company to calculate prices.

  • Bump up deductibles to save – Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your Ford from damage. Some examples of claims that would be covered could be collision with another vehicle, damage from fire, and windstorm damage. Physical damage deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The higher the amount the insured has to pay upfront, the less your company will charge you for insurance on Ranger insurance.
  • Lower rates with optional equipment – Owning a car with anti-theft technology or alarm system can get you a discount on your car insurance. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your vehicle from being stolen.
  • Where do you drive? – Driving more miles in a year the more you’ll pay to insure your vehicle. Most companies apply a rate determined by how the vehicle is used. Cars and trucks not used for work or commuting can get a lower rate than vehicles that are driven to work every day. Ask your agent if your car insurance coverage properly reflects the proper vehicle usage, because it can save money. Incorrect usage on your Ranger may be costing you.
  • Liability coverage is peace of mind – Your policy’s liability coverage is the coverage that protects you when you are found to be at fault for damages from an accident. Liability provides legal defense which can be incredibly expensive. Liability insurance is quite affordable as compared to coverage for physical damage, so do not skimp.
  • Where you live can impact rates – Living in a small town has it’s advantages when insuring your vehicles. Drivers who live in large cities tend to have congested traffic and longer commutes to work. Fewer drivers means reduced accidents.
  • Traffic violations increase rates – Whether or not you get tickets has a big impact on rates. Only having one ticket may increase your cost by as much as thirty percent. Drivers with clean records get better rates than people who have multiple driving citations. Drivers with severe tickets such as hit and run, DWI or reckless driving convictions are required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to drive a vehicle legally.
  • Add-on coverages can add up – There are a lot of additional coverages that you can get tricked into buying on your 2006 Ranger policy. Insurance for vanishing deductibles, accidental death and membership fees are some examples. These coverages may sound good at first, but your needs may have changed so eliminate the coverages to reduce your premium.
  • One company can mean more discounts – Some car insurance companies provide better rates to people who consolidate policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s in your best interest to comparison shop to make sure you are getting the best deal. Drivers may still find a better deal by insuring with multiple companies.

Tailor your coverage to you

When it comes to choosing the best insurance coverage coverage, there really is no “perfect” insurance plan. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that could help you determine whether your personal situation may require specific advice.

  • Where can I find DUI or SR-22 insurance?
  • Do I need higher collision deductibles?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • How much liability insurance is required?
  • Should I have combined single limit or split liability limits?
  • Do I need rental car coverage?
  • What is the difference between comprehensive and collision coverage?
  • Do I have coverage when making deliveries for my home business?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Insurance coverage breakdown

Understanding the coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. These are the normal coverages found on most insurance policies.

Collision insurance

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as crashing into a building, damaging your car on a curb and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

Coverage for liability

Liability coverage protects you from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against claims from other people. It does not 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. As an example, you may have policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as loss of income, funeral expenses and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverages

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like damage from a tornado or hurricane, rock chips in glass, falling objects, theft and a broken windshield. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Ford Ranger.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses such as ambulance fees, doctor visits and hospital visits. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers you and your occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Better coverage you can count on

We just showed you quite a bit of information on how to get a better price on 2006 Ford Ranger insurance. The key concept to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. Consumers may even find the lowest rates come from some of the smallest insurance companies. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive or GEICO.

When shopping online for insurance coverage, do not sacrifice coverage to reduce premiums. There are many occasions where consumers will sacrifice collision coverage and discovered at claim time that the savings was not a smart move. The proper strategy is to get the best coverage possible at a price you can afford, not the least amount of coverage.

Cost effective insurance is possible from both online companies in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance providers do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

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