Did you fall for a flashy sales pitch and buy an overpriced insurance coverage policy? Believe me when I say many consumers feel financially strained by their insurance coverage policy.
Multiple insurance companies compete to insure your vehicles, and because of this it can be hard to compare auto insurance companies and uncover the absolute best rates possible.
You need to check insurance coverage prices yearly because rates are rarely the same from one policy term to another. Even if you got the best deal for F-150 insurance a few years ago there may be better deals available now. Forget all the misinformation about insurance coverage because we’re going to demonstrate the best methods to find the best coverage while lowering your premiums.
An important part of buying insurance is that you know the rating factors that help determine car insurance rates. Having a good understanding of what influences your rates enables informed choices that could result in much lower annual insurance costs.
All the larger auto insurance companies like State Farm, Allstate and GEICO allow you to get price estimates on the web. Getting online quotes doesn’t take a lot of time as you just enter your coverage information into the quote form. After the form is submitted, their system sends out for your credit score and driving record and quotes a price. Quoting online streamlines rate comparisons, but the time required to go to many different websites and type in the same information is monotonous and tiresome. But it’s absolutely necessary to get many rate quotes in order to find the lowest auto insurance rates.
There is an easier way!
The smarter way to find better auto insurance pricing requires only one form that obtains quotes from many companies. This type of form saves time, eliminates repetitive work, and makes comparison shopping much easier to do. After sending the form, it gets priced and you can choose any of the pricing results.
If a lower price is quoted, it’s easy to complete the application and buy the new coverage. The whole process takes just a few minutes to complete and may save quite a bit of money.
If you want to find out how much you can save on auto insurance, simply click here to open in new window and input your coverage information. To compare your current rates, we recommend you complete the form with the insurance coverages exactly as they are listed on your policy. This way, you’re receiving an apples-to-apples comparison using the same coverage and limits.
Insurance providers like State Farm, Allstate and GEICO constantly bombard you with ads on TV and radio. They all make the same claim of big savings if you switch your policy. How can each company make the same claim?
Different companies can use profiling for the type of customer that is profitable for them. For example, a driver they prefer could possibly be a mature driver, has no tickets, and drives less than 10,000 miles a year. A driver who meets those qualifications receives the best rates and is almost guaranteed to pay quite a bit less when switching companies.
Potential insureds who fall outside the requirements must pay a more expensive rate which leads to business not being written. Company advertisements say “customers who switch” not “everyone that quotes” save that much. That’s why insurance companies can make the claims of big savings.
This illustrates why you should get as many comparisons as possible. You cannot predict which insurance companies will have the lowest Ford F-150 insurance rates.
Insurance can be prohibitively expensive, but there are discounts available to reduce the price significantly. A few discounts will automatically apply at quote time, but lesser-known reductions have to be inquired about before you get the savings.
Keep in mind that most discount credits are not given to the entire cost. Most only reduce the price of certain insurance coverages like collision or personal injury protection. Just because it seems like you could get a free insurance policy, it just doesn’t work that way. But all discounts will cut the amount you have to pay.
To see a list of companies offering insurance discounts, click this link.
When it comes to buying adequate coverage, there really is not a one size fits all plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that can help discover if your situation would benefit from an agent’s advice.
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.
Knowing the specifics of your policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement. Listed below are typical coverages available from insurance companies.
Liability coverage will cover damage or injury you incur to people or other property. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.
Liability coverage protects against claims like repair costs for stationary objects, attorney fees, court costs and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.
Medical payments and Personal Injury Protection insurance provide coverage for bills for EMT expenses, doctor visits and nursing services. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
This coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Ford F-150.
Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these coverages are set the same as your liablity limits.
Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as hail damage, theft, a broken windshield, hitting a deer and damage from a tornado or hurricane. The maximum amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
This coverage pays for damage to your F-150 from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for claims like sideswiping another vehicle, hitting a mailbox and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.
Lower-priced 1993 Ford F-150 insurance is definitely available from both online companies and with local insurance agents, so compare prices from both to get a complete price analysis. Some insurance companies do not offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.
As you go through the steps to switch your coverage, you should never buy less coverage just to save a little money. In too many instances, someone sacrificed full coverage and found out when filing a claim that it was a big mistake. Your goal should be to find the BEST coverage at a price you can afford while not skimping on critical coverages.
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