If you drive a Ford Ranger
car insurance is probably a significant part of your budget. After all,
trucks aren’t the cheapest vehicles to insure. But if you could reduce
your premium by as much as 30 percent, would you be interested? Of
course you would! And reducing costs may be simpler than you think.
Take a look at the following 10 tips from InsWeb.com and start saving money today.
1. Shop Around and Compare Quotes
Searching for new coverage is the best way to reduce your premium. Not
all insurers offer affordable rates to truck owners, and shopping
around for a new policy could net you hundreds of dollars in savings.
According to an independent study, people who compare rates and switch
carriers at InsWeb.com save an average of $301* on a six-month policy.
2. Raise Your Deductible
When it comes to insurance, a higher deductible will translate into a
lower premium. In fact, raising your deductible from $250 to $1,000
could reduce your comprehensive and collision premium by 40 percent.**
You’ll be responsible for more money out-of-pocket should you file a
claim, but a lower premium may be worth it.
3. Insure Your Ranger and Home With a Single Insurer
With a multi-line insurance policy you purchase both your car and home
insurance from the same company. A multi-line policy could save you up
to 15 percent** on both premiums.
4. Pay in a Lump Sum
You pay enough to insure your Ford Ranger
without extra fees, but when you split your premium into installments,
you could be paying more for the same coverage. Even $7 per month can
add up to almost $100 a year. If you can afford it, avoid these fees by
paying in a lump sum.
5. Don’t Overpay for Tickets or Accidents
Not all companies look at tickets and accidents the same way, and many
companies specialize in insuring different types of drivers—including
drivers who own trucks. If you compare quotes, you may be surprised at
the savings you could find.
6. Drop Coverage You Don’t Need
If you don't keep a close eye on the details of your car insurance
policy, you could end up paying for coverage you don't need. For example...(Continue reading Insure Your Ford Ranger for Less: 10 Ways to Save)