Lower Your 1993 Ford F-150 SVT Lightning Insurance Quotes

Looking for better auto insurance rates? Shoppers have options when shopping for the lowest priced Ford F-150 SVT Lightning insurance. They can either waste time calling around trying to get quotes or leverage the internet to get rate quotes.

There are both good and bad ways to compare auto insurance rates and we’ll show you the proper way to get price quotes for a Ford and get the best price possible either online or from local insurance agents.

Are you getting all your discounts?

The cost of insuring your cars can be expensive, but you can get discounts that can drop the cost substantially. A few discounts will automatically apply at the time you complete a quote, but a few must be specially asked for before you will receive the discount. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Seat Belts Save – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more off the personal injury premium cost.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
  • Own a Home – Owning a house can save you money due to the fact that maintaining a home demonstrates responsibility.
  • Drivers Ed for Students – Require your teen driver to enroll in driver’s education if it’s offered in school.
  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Ford could qualify for discounted rates on garaged vehicles.

Keep in mind that most discount credits are not given to the entire policy premium. Most only cut the price of certain insurance coverages like medical payments or collision. Just because you may think all the discounts add up to a free policy, you’re out of luck. But any discount will help reduce your overall premium however.

For a list of insurance companies who offer insurance discounts, follow this link.

Parts of the Ford F-150 SVT Lightning rate equation

An important part of buying insurance is that you know the different types of things that help determine the rates you pay for car insurance. When you know what positively or negatively impacts premium levels enables informed choices that could result in better car insurance rates.

The following are some of the items car insurance companies consider when setting premiums.

  • Do you need the policy add-ons? – There are many extra bells and whistles that you can get tricked into buying when buying car insurance. Coverages like rental car reimbursement, accidental death and term life insurance may be costing you every month. These coverages may sound good initially, but if they’re wasting money get rid of them and save.
  • Your credit rating is important – A driver’s credit history is a large factor in calculating your car insurance rates. If your credit rating is not that good, you could save money insuring your 1993 Ford F-150 SVT Lightning by improving your credit score. Consumers who have excellent credit tend to be less risk to insure as compared to drivers with lower credit scores.
  • Proper usage rating affects rates – Driving more miles each year the more you will pay for car insurance. Almost all companies rate vehicles based upon how you use the vehicle. Cars left parked in the garage receive lower rates than those used for commuting. Having the wrong rating on your F-150 SVT Lightning may be wasting your money. Make sure your car insurance coverage is showing the proper vehicle usage, because improper ratings can cost you money.
  • Lower deductibles cost more – Deductibles for physical damage define the amount you are willing to pay out-of-pocket before a claim is paid by your company. Physical damage insurance, also known as collision and other-than-collision, insures against damage to your car. A few examples of covered claims are running into the backend of another car, damage from fire, and windstorm damage. The more you have to pay, the lower your rates will be on F-150 SVT Lightning coverage.
  • Your location is important – Living in a small town is a positive aspect when insuring your vehicles. Less people living in that area translates into fewer accidents as well as less vandalism and auto theft. Urban drivers regularly have more traffic problems and much longer commute distances. Higher commute times means more change of being in an accident.
  • Battle of the sexes – Statistics demonstrate women tend to be less risk to insure than men. Now that doesn’t mean women are BETTER drivers than men. They both have accidents in similar numbers, but men tend to have more serious accidents. Men also get cited for more serious violations like DUI and reckless driving.
  • More claims means more premium – If you file claims often, you can look forward to either a policy non-renewal or much higher rates. Insurance companies provide discounts to policyholders who do not rely on their insurance for small claims. Auto insurance is meant to be used in the event of larger claims.
  • Save money with special equipment – Choosing a vehicle that has an advanced theft prevention system can help lower your rates. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart auto theft.

When might I need an agent?

When it comes to buying adequate coverage, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can help discover whether you might need an agent’s assistance.

  • Who is covered when they drive my 1993 Ford F-150 SVT Lightning?
  • Are my tools covered if they get stolen from my vehicle?
  • Should I rate my 1993 Ford F-150 SVT Lightning as pleasure use or commute?
  • Why do I only qualify for high-risk insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • Does having multiple vehicles earn me a discount?
  • When should I not file a claim?
  • Am I missing any policy discounts?
  • Does my medical payments coverage pay my health insurance deductible?
  • Is a fancy paint job covered?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and can provide invaluable advice.

Auto insurance 101

Knowing the specifics of car insurance can help you determine which coverages you need at the best deductibles and correct limits. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these limits are identical to your policy’s liability coverage.

Liability insurance – This protects you from injuries or damage you cause to people or other property by causing an accident. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and 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 coverage pays for claims such as loss of income, pain and suffering, repair bills for other people’s vehicles and medical expenses. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Collision coverages – Collision insurance covers damage to your F-150 SVT Lightning caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a ditch, colliding with another moving vehicle, sustaining damage from a pot hole and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive auto coverage – Comprehensive insurance covers 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 protects against things such as damage from getting keyed, rock chips in glass and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical payments and PIP coverage – Med pay and PIP coverage pay for immediate expenses such as funeral costs, ambulance fees and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Stretch your dollar

Lower-priced 1993 Ford F-150 SVT Lightning insurance can be found from both online companies as well as from independent agents, and you should be comparing both to have the best selection. Some auto insurance companies don’t offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

Drivers switch companies for a number of reasons such as denial of a claim, delays in responding to claim requests, policy cancellation and even lack of trust in their agent. Whatever your reason, switching auto insurance companies is not as hard as you think.

While you’re price shopping online, never skimp on coverage in order to save money. There are a lot of situations where an insured dropped comprehensive coverage or liability limits and discovered at claim time that they should have had better coverage. Your goal should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

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