Save Money on Ford Ranger Insurance in Fort Wayne

A recent survey discovered that 70% of consumers kept buying from the same company for well over three years, and just under half have never shopped around. With the average premium in Indiana being $1,400, drivers can cut their rates by as much as 55% a year just by comparing rates, but they just don’t want to shop their coverage around.

If you want to save the most money, the best way to find more affordable auto insurance rates is to regularly compare prices from insurers that insure vehicles in Fort Wayne. Price quotes can be compared by following these guidelines.

• Step 1: Try to learn about how companies set rates and the changes you can make to keep rates down. Many rating criteria that cause rate increases such as traffic violations, accidents, and an unfavorable credit rating can be eliminated by making minor changes in your lifestyle.
• Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from a single company like GEICO or Farmers Insurance, while independent agents can provide prices for a wide range of insurance providers.
• Step 3: Compare the new rate quotes to your existing rates to determine if you can save on Ranger insurance. If you find better rates and buy the policy, make sure coverage does not lapse between policies.

One tip to remember is to try to use similar limits and deductibles on every quote request and and to look at as many companies as you can. This helps ensure the most accurate price comparison and a complete price analysis.

If you already have coverage, you will most likely be able to find the best rates using this strategy. Obtaining price quotes for the lowest cost auto insurance policy in Fort Wayne is not as hard as you think. Although Indiana vehicle owners must comprehend the methods companies use to charge you for coverage and use this information to your advantage.

All the larger car insurance companies like Allstate, GEICO and Progressive allow consumers to get insurance quotes on their websites. Comparing prices online for Ford Ranger insurance in Fort Wayne doesn’t take a lot of time as you just type in your coverage preferences into the quote form. Once entered, their system automatically retrieves your driving record and credit report and generates a price determined by many factors.

This streamlines rate comparisons, and it’s absolutely necessary to perform this step if you are searching for affordable rates.

To find out how much you’re overpaying now, visit the companies below or click here to submit a quote request to multiple companies at once. If you have coverage now, it’s recommended you copy the limits and deductibles identical to your current policy. This makes sure you will have an apples-to-apples comparison for the exact same coverage.

The providers in the list below offer free quotes in Fort Wayne, IN. In order to find the best cheap auto insurance in IN, it’s a good idea that you compare several of them in order to find the most affordable rates.

Why car insurance is not optional

Despite the fact that car insurance is not cheap in Fort Wayne, insurance is required for several reasons.

• Almost all states have minimum liability requirements which means you are required to carry a minimum amount of liability coverage if you don’t want to risk a ticket. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If your vehicle has a lienholder, it’s most likely the lender will make it a condition of the loan that you buy full coverage to guarantee loan repayment. If you let the policy lapse, the bank may insure your Ford at a more expensive rate and require you to fork over a much higher amount than you were paying before.
• Insurance protects both your assets and your Ford Ranger. Insurance will also pay for many types of medical costs for both you and anyone you injure as the result of an accident. Liability insurance also covers legal expenses if you cause an accident and are sued. If you have damage to your Ford as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of buying car insurance definitely exceed the cost, especially with large liability claims. An average driver in America overpays more than $820 a year so compare rates at least once a year to ensure rates are competitive.

Facts and figures for Ford Ranger insurance

The data table shown below covers estimates of insurance policy prices for Ford Ranger models. Learning as much as possible about how insurance quotes are determined is important for making decisions on which coverage to buy.

Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Table data does not factor in zip code location which can influence auto insurance rates greatly.

Should you raise deductibles?

When buying insurance, a common question is how high should your deductibles be. The comparison tables below can help you understand the differences in price when you choose different physical damage deductibles. The first table uses a $250 deductible for physical damage and the second data table uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Estimates do not factor in vehicle garaging location which can lower or raise auto insurance rates greatly.

Based on these figures, using a $250 deductible would cost the average driver about $10 more each month or $120 each year than quoting the higher $500 deductible. Due to the fact that you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 25 months between claim filings, you would more than likely save some money if you choose a higher deductible.

Impact of careless driving on Fort Wayne insurance rates

The illustration below shows how traffic citations and accidents raise Ford Ranger premium costs for different categories of driver ages. The information is based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no other discounts are factored in.

Earn discounts on Fort Wayne auto insurance

Some insurance providers do not list all discounts very clearly, so the below list has both well-publicized as well as some of the hidden discounts that may be available.

• Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.
• Multi-Vehicle Discounts – Buying a policy with multiple cars or trucks on one policy qualifies for this discount.
• Life Insurance – Some insurance carriers give lower premium rates if you buy some life insurance in addition to your auto policy.
• Seat Belts Save more than Lives – Drivers who require all vehicle occupants to buckle up could cut 10% or more off PIP or medical payments premium.
• Renewal Discounts – Some companies provide a discount for switching companies early. It could save around 10% when you buy Fort Wayne car insurance online.
• Low Mileage Discounts – Low annual miles can earn lower auto insurance rates on the low mileage vehicles.
• Paperwork-free – A few companies will provide an incentive get Fort Wayne car insurance digitally online.
• Defensive Driving Course – Taking time to complete a safe driver course could cut 5% off your bill and easily pay for the cost of the class.
• Senior Citizen Rates – If you qualify as a senior citizen, you could receive a small discount on rates.

Discounts lower rates, but most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as collision or personal injury protection. Just because you may think you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

The diagram below visualizes the comparison of Ford Ranger premium costs with and without discounts being applied to the rates. The data assumes a female driver, no accidents, no driving violations, Indiana state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, homeowner, marriage, claim-free, and safe-driver discounts applied.

A list of companies and a summarized list of policyholder discounts can be read below.

• 21st Century discounts include automatic seat belts, early bird, teen driver, good student, student driver, and theft prevention.
• State Farm may offer discounts for student away at school, good student, accident-free, Drive Safe & Save, and driver’s education.
• AAA offers discounts including multi-policy, good student, good driver, multi-car, and pay-in-full.
• Liberty Mutual offers premium reductions for exclusive group savings, new graduate, teen driver discount, preferred payment discount, and good student.
• Progressive includes discounts for homeowner, good student, online quote discount, continuous coverage, multi-vehicle, online signing, and multi-policy.

Double check with all the companies to give you their best rates. Some discounts might not apply in Fort Wayne. To view insurance companies with discount auto insurance rates in Fort Wayne, click this link.

Insurance agents can help

When choosing adequate coverage for your vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that.
Here are some questions about coverages that may help highlight whether or not you may require specific advice.

• What is PIP insurance?
• What are the financial responsibility laws in my state?
• Who is covered by my policy?
• Do I need to file an SR-22 for a DUI in Indiana?
• Why do I need rental car insurance?
• Is a fancy paint job covered?
• How can I get my company to pay me more for my totaled car?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

What is the best car insurance company in Fort Wayne?

Choosing a high-quality insurer can be a challenge considering how many companies there are in Indiana. The company ratings displayed below could help you choose which auto insurance companies to look at when comparing rates.

Top 10 Fort Wayne Car Insurance Companies Overall

1. USAA
2. 21st Century
3. GEICO
4. Nationwide
5. AAA Insurance
6. Liberty Mutual
7. Safeco Insurance
8. State Farm
9. Travelers
10. American Family