1993 Ford F-150 Insurance Cost – 8 Policy Discounts

Want better insurance coverage rates for your Ford F-150? Overpriced Ford F-150 insurance can empty your savings account and make it impossible to make ends meet. Comparison shopping is a smart way to tighten up your finances.

Drivers have so many car insurance companies to choose from, and though it is a good thing to have a selection, too many choices makes it more difficult to find a good deal.

Consumers should take time to compare rates once or twice a year because rates go up and down regularly. Even if you think you had the best deal for F-150 insurance six months ago you will most likely find a better rate today. Forget anything you know (or think you know) about insurance coverage because I’m going to let you in on the secrets to the best methods to find great coverage at a great price.

This information will let you in on how car insurance quotes work. If you currently have car insurance, you will be able to lower your premiums substantially using these techniques. Although car owners do need to know how companies market on the web and apply this information to your search.

Discounts to lower Ford F-150 insurance rates

Insurance can cost an arm and a leg, buy you may qualify for discounts that you may not even be aware of. Some trigger automatically at quote time, but a few must be inquired about prior to receiving the credit.

  • Passive Restraints – Factory air bags or motorized seat belts can get savings of 20% or more.
  • Paperwork-free – Some insurance companies will give a small break just for signing your application online.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more off your PIP or medical payments premium.
  • Braking Control Discount – Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
  • Life Insurance Discount – Companies who offer life insurance give lower rates if you buy life insurance.
  • Save over 55 – If you qualify as a senior citizen, you may qualify for reduced rates for F-150 insurance.
  • Multiple Policy Discount – When you combine your home and auto insurance with one company you may save at least 10% off all policies.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks with the same company can get a discount on all vehicles.

Consumers should know that some of the credits will not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears you could get a free insurance coverage policy, you’re out of luck. Any qualifying discounts will help reduce your overall premium however.

To see a list of insurance companies with discount insurance coverage rates, follow this link.

Tailor your coverage to you

When buying coverage, there is no one size fits all plan. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that can aid in determining if your insurance needs would benefit from professional advice.

  • Do I need rental car coverage?
  • How much liability do I need to cover my assets?
  • What is roadside assistance coverage?
  • What is no-fault insurance?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is my custom paint covered by insurance?
  • Am I covered when pulling a rental trailer?
  • Should I waive the damage coverage when renting a car?
  • Am I covered when driving someone else’s vehicle?
  • Do I pay less for low miles?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Information about specific coverages

Learning about specific coverages of your policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. These are the usual coverages found on most car insurance policies.

Collision – Collision insurance covers damage to your F-150 caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as scraping a guard rail, hitting a mailbox, crashing into a ditch, crashing into a building and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Coverage for liability – Liability coverage will cover damage or injury you incur to a person or their property that is your fault. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like funeral expenses, medical services, medical expenses, loss of income and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive protection – This pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as hail damage, hitting a bird, a broken windshield, vandalism and theft. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as nursing services, funeral costs and chiropractic care. They are often used in conjunction with a health insurance plan or if you do not have health coverage. It covers both the driver and occupants and also covers being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay

Be a penny pincher

You just learned a lot of techniques to reduce 1993 Ford F-150 insurance prices online. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. Drivers may discover the lowest premiums are with some of the lesser-known companies. These companies often have lower prices on specific markets compared to the large companies like State Farm or Progressive.

When trying to cut insurance costs, never reduce needed coverages to save money. Too many times, someone dropped uninsured motorist or liability limits and found out when filing a claim they didn’t have enough coverage. Your focus should be to find the BEST coverage at an affordable rate while still protecting your assets.

Cheaper insurance can be bought from both online companies and also from your neighborhood agents, so compare prices from both in order to have the best price selection to choose from. There are still a few companies who may not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

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