Lower Your 1995 Ford E-150 Insurance Rates

Shopping for car insurance is not something car owners fancy doing, but regardless it’s required to be legal behind the wheel.

If you currently have a car insurance policy, you stand a good chance to be able to save some money using these tips. The purpose of this article is to help educate you on the most effective way to quote insurance. Although drivers must learn the way companies price online insurance because it can help you find the best coverage.

Factors influencing Ford E-150 insurance rates

An important part of buying insurance is that you know the different types of things that help determine the rates you pay for auto insurance. When you know what positively or negatively controls the rates you pay helps enable you to make changes that may reward you with big savings.

The following are some of the factors that factor into rates.

  • Being married is a good thing – Having a spouse actually saves money when buying auto insurance. Having a significant other is viewed as being more mature and statistics show being married results in fewer claims.
  • Car features impact rates – Driving a car with anti-theft technology or alarm system can get you a discount on your auto insurance. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder car theft.
  • An active claims history can cost you – Auto insurance companies give better rates to insureds who file claims infrequently. If you are a frequent claim filer, you can expect either higher rates or even cancellation. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Are you male or female? – The statistics show women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Women and men cause accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also get more serious tickets such as DWI and reckless driving.
  • Better credit means lower rates – Credit score is a large factor in your rate calculation. If your credit history is lower than you’d like, you could potentially save money when insuring your 1995 Ford E-150 by improving your credit score. Consumers who have excellent credit tend to be less risk to insure than drivers with poor credit.
  • Extra coverages can waste money – There are a ton of add-on coverages that you can buy when buying auto insurance. Things like personal injury protection, towing coverage and motor club memberships may be wasting your money. They may seem like a good idea initially, but if you don’t need them remove them from your policy.
  • Protect your assets with liability insurance – The liability section of your policy will protect you in the event that you are found liable for personal injury or accident damage. It provides you with a defense in court which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Don’t let your coverage lapse – Allowing your auto insurance policy to lapse will be a quick way to pay more for auto insurance. Not only will rates go up, failure to provide proof of insurance may earn you a steep fine or even jail time.You may have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.

How to Compare Insurance Costs

The are a couple different ways to compare rate quotes and find the best price. The quickest method to find competitive 1995 Ford E-150 insurance rates consists of shopping online. It is quite easy and can be accomplished in several different ways.

  • The recommended way to find low rates is an all-inclusive rate comparison click to view form in new window. This easy form saves time by eliminating repetitive form entry for every insurance company. One form submission will get you price quotes from many national carriers. It’s definitely the quickest method.
  • A less efficient way to compare rate quotes requires a trip to each individual company website to complete a price quote. For instance, we’ll pretend you want to compare Progressive, Liberty Mutual and American Family. To get rate quotes you would need to visit each site and enter your information, which is why the first method is more popular.

    For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples coverage limits and deductibles for every company. If you compare higher or lower deductibles it’s not possible to make a fair comparison for your Ford E-150. Quoting even small variations in insurance coverages can mean a large discrepancy in price. And when price shopping your coverage, comparing more company’s prices will improve the odds of getting a better price.

Verify you’re getting all your discounts

Companies offering auto insurance do not advertise every available discount very well, so we researched some of the best known as well as the least known discounts you could be receiving.

  • Service Members Pay Less – Having a deployed family member may qualify for rate reductions.
  • Homeowners Pay Less – Simply owning a home may earn you a small savings because owning a home demonstrates responsibility.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
  • Multiple Cars – Buying coverage for all your vehicles on one policy could earn a price break for each car.
  • New Car Discount – Insuring a new car is cheaper compared to insuring an older model.
  • College Student – Youth drivers who attend school more than 100 miles from home and do not have a car may be able to be covered for less.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Multi-policy Discount – When you have multiple policies with one company you may earn 10% to 20% off each policy.

It’s important to understand that most of the big mark downs will not be given to all coverage premiums. A few only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like it’s possible to get free car insurance, companies don’t profit that way.

Companies that may offer these discounts include:

Check with all companies you are considering which discounts they offer. All car insurance discounts may not be available in every state.

When should I talk to an agent?

When it comes to buying coverage, there isn’t really a cookie cutter policy. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine if your insurance needs will benefit from professional help.

  • Does insurance cover tools stolen from my truck?
  • Is motorclub coverage worth it?
  • Do I have coverage when using my vehicle for my home business?
  • Do I need PIP (personal injury protection) coverage in my state?
  • What can I do if my company won’t pay a claim?
  • What should my uninsured motorist coverage limits be in my state?
  • How can I get my company to pay me more for my totalled car?
  • Can my babysitter drive my car?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Specific coverages for a 1995 Ford E-150

Knowing the specifics of auto insurance can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording.

Collision coverages – Collision insurance covers damage to your E-150 from colliding 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 coverage pays for claims like backing into a parked car, colliding with a tree and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for expenses like nursing services, prosthetic devices, X-ray expenses and funeral costs. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage – This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Ford E-150.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important.

Auto liability insurance – This coverage provides protection from damages or injuries you inflict on other’s property or people by causing an accident. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things such as structural damage, loss of income, court costs, repair costs for stationary objects and bail bonds. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Comprehensive coverages – This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, damage from getting keyed, rock chips in glass and hail damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Have money to burn

Drivers change insurance companies for a variety of reasons including not issuing a premium refund, delays in responding to claim requests, delays in paying claims and policy cancellation. It doesn’t matter why you want to switch switching companies is less work than it seems.

The cheapest 1995 Ford E-150 insurance is attainable online in addition to many insurance agents, and you need to price shop both to have the best selection. Some insurance providers do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

As you shop your coverage around, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where someone dropped physical damage coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to find the BEST coverage at an affordable rate.

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