Find Affordable Ford Ranger Insurance in Denver

Do you want to stop overpaying and find cheaper Ford Ranger insurance in Denver? No sane person anticipates paying for auto insurance, especially when they know they could find lower prices if they just compared rates.

Regrettably, over 70% of consumers renewed their policy with the same company for more than four years, and virtually 40% of consumers have never taken the time to shop around. Consumers in the U.S. could save up to 46.5% every year by just shopping around, but they don’t invest the time required to compare rate quotes online. Companies like State Farm, GEICO and Farmers Insurance persitently shower you with TV and radio ads and it is challenging if not impossible to sift through the bull and take the time to shop coverage around.

It’s a good habit to do price comparisons every six months because auto insurance rates are usually higher with each renewal. If you had the lowest rate on Ford Ranger insurance in Denver last year the chances are good that you can find a lower price today. Forget all the misinformation about auto insurance because you’re about to find out one of the easiest ways to find the best coverage while lowering your premiums.

Most companies such as 21st Century, Allstate and State Farm allow you to get pricing on the web. Doing online quotes for Ford Ranger insurance in Denver can be done by anyone as you simply enter the amount of coverage you want into the quote form. After you submit the form their system automatically orders your driving and credit reports and generates pricing information based on many factors. Being able to quote online for Ford Ranger insurance in Denver makes it a lot easier to compare rates and it’s necessary to have as many quotes as possible if you are searching for the cheapest price on auto insurance.

To find out how much you can save on auto insurance, 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 replicate the coverage information exactly as shown on your declarations page. This way, you will be getting an apples-to-apples comparison for the exact same coverage.

The companies shown below are ready to provide quotes in Colorado. If multiple companies are listed, we suggest you click on several of them to get a more complete price comparison.

Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Price information does not factor in garaging location in Denver which can modify insurance rates noticeably.

Car insurance rates are higher with tickets and accidents

The chart below shows how traffic citations and at-fault collisions impact Ford Ranger annual premium costs for each different age category. The costs are based on a single female driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.

Choosing deductibles

The hardest decision when buying coverage is which deductibles should you choose. The figures shown below may help to conceptualize the price difference when you buy lower versus higher insurance deductibles. The first set of prices uses a $100 physical damage deductible and the second price table uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Prices do not factor in vehicle location which can influence coverage prices noticeably.

Based on the figures above, using a $100 deductible will cost you about $31 more each month or $372 for a full year than buying the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 29 months between claim filings, you would probably be better off by going with a higher deductible.

Cheaper Denver insurance rates with discounts

Some insurers don’t always advertise the complete list of policy discounts very well, so we researched a few of the more well known and also the more inconspicuous insurance savings.

• Fewer Miles Equal More Savings – Fewer annual miles on your Ford may enable drivers to earn substantially lower rates.
• Passive Restraint Discount – Options like air bags and/or automatic seat belt systems may qualify for discounts of 20 to 30 percent.
• Braking Control Discount – Cars and trucks with anti-lock braking systems prevent accidents so companies give up to a 10% discount.
• Accident Free – Drivers with accident-free driving histories can earn big discounts when compared with accident-prone drivers.
• E-sign – A few larger online companies will give you a small discount for signing up on your computer.
• Home Ownership Discount – Simply owning a home can earn you a little savings because it is proof of financial responsibility.
• Distant Student Discount – Older children living away from Denver attending college and do not take a car to college can receive lower rates.

While discounts sound great, it’s important to understand that most discount credits are not given to all coverage premiums. The majority will only reduce individual premiums such as medical payments or collision. So even though they make it sound like you would end up receiving a 100% discount, you aren’t that lucky.

To locate insurance companies with discount rates in Denver, click this link.

Buying the right Ford vehicle insurance in Colorado is an important decision

Despite the potentially high cost of Ford Ranger insurance, paying for auto insurance may be required for several reasons.

• Just about all states have compulsory liability insurance requirements which means state laws require specific limits of liability coverage in order to drive the car. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
• If you have a lien on your Ford Ranger, it’s most likely the lender will require you to have insurance to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the bank may insure your Ford at a more expensive rate and force you to pay for the expensive policy.
• Insurance protects your Ford Ranger and your assets. It will also pay for many types of medical costs for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to repair the damage.

The benefits of buying enough insurance more than cancel out the cost, especially with large liability claims. The average driver in America is wasting up to $865 each year so you should quote and compare rates each time the policy renews to make sure the price is not too high.

Which policy gives me the best coverage?

When it comes to buying insurance from an agent or online for your vehicles, there really is no one size fits all plan. Your situation is unique.

For instance, these questions may help highlight if your situation may require specific advice.

• Am I insured when driving a different vehicle?
• What is UM/UIM insurance?
• Why do I have to buy liability insurance?
• How much will a speeding ticket raise my rates?
• Will my insurance pay for OEM parts?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Is my trailer covered?
• What are the best liability limits?
• Is borrowed equipment or tools covered if stolen or damaged?
• Should I have combined single limit or split liability limits?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can help protect your family.

Car insurance agents can help

Certain consumers still like to buy from a licensed agent and we recommend doing that Experienced insurance agents can help you build your policy and help submit paperwork. One of the best bonuses of price shopping on the web is you may find cheap insurance quotes but still work with a licensed agent. Buying from local agencies is definitely important in Denver.

To help locate an agent, after submitting this form (opens in new window), your insurance data is instantly submitted to companies in Denver who will give competitive quotes to get your business. It makes it easy because there is no need to visit any agencies as quotes are delivered to your email. If you want to get a rate quote from one company in particular, you would need to search and find their rate quote page and submit a quote form there.

When researching a local Denver insurance agency, it can be helpful to understand the types of agencies and how they can quote your rates. Denver agents are classified as either exclusive or independent agents depending on their company appointments. Both can sell insurance policies, but it’s important to know the differences since it may influence the type of agent you choose.

Independent Agencies or Brokers

Agents that elect to be independent are not restricted to one company and that gives them the ability to insure with multiple insurance companies depending on which coverage is best. If prices rise, your policy is moved internally which makes it simple for you.

When comparing insurance rates, you should always get some free quotes from independent agents for maximum quote selection.

The following is a small list of independent agents in Denver that may be able to give you comparison quotes.

More insurance agents

Exclusive Insurance Agents

Agents of this type can only quote rates from one company and some examples include State Farm, Allstate, and Farm Bureau. Exclusive agents cannot provide other company’s prices so they have no alternatives for high prices. Exclusive agents receive extensive training on sales techniques which helps them sell insurance even at higher premiums.

Below is a short list of exclusive insurance agencies in Denver willing to provide rate quotes.

More insurance agents

Choosing a insurance agency requires you to look at more than just a cheap price. These are some valid questions you should ask.

• Is there a local claims center in Denver?
• Can you use your own choice of collision repair facility?
• Will one accident increase rates?
• What insurance companies do they recommend if they are an independent agent?
• Do they prorate repair cost based on vehicle mileage?
• Do they have cheaper tiers of coverage?

What car insurance coverages do you need?

Learning about specific coverages of a car insurance policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Comprehensive auto coverage – This pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as damage from getting keyed, fire damage, a tree branch falling on your vehicle and rock chips in glass. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage – Collision coverage covers damage to your Ranger resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like damaging your car on a curb, crashing into a ditch, crashing into a building and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible on your Ranger to bring the cost down.

Liability auto insurance – This coverage provides protection from damage that occurs to a person or their property that is your fault. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/15 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $15,000 of coverage for damaged property. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims like court costs, structural damage, loss of income and funeral expenses. How much coverage you buy is up to you, but buy as high a limit as you can afford. Colorado state minimum liability requirements are 25/50/15 but you should think about purchasing higher limits.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like hospital visits, doctor visits, rehabilitation expenses and EMT expenses. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits (25/50/15 in Colorado), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these limits do not exceed the liability coverage limits.