Best Ways to Save on Detroit Ford Ranger Insurance

The best way we recommend to find cheaper Ford Ranger insurance in Detroit is to regularly compare price quotes from companies in Michigan.

• Step 1: Try to comprehend car insurance and the things you can control to lower rates. Many factors that cause high rates such as high-risk driving behaviors and a poor credit rating can be remedied by making minor changes to your lifestyle. This article provides additional ideas to get lower rates and find discounts that you may qualify for.
• Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from one company like Progressive and State Farm, while independent agents can quote prices from multiple companies. Click to view companies
• Step 3: Compare the new quotes to your existing rates to see if a cheaper rate is available in Detroit. If you find a lower rate quote and make a switch, make sure there is no coverage gap between policies.

The most important part of this process is to use the same deductibles and limits on every quote and and to get price quotes from as many different companies as possible. Doing this helps ensure an apples-to-apples comparison and maximum price selection.

It’s easy to assume that insurance companies don’t want their policyholders to compare prices. Insureds who compare rates annually will most likely switch companies because there is a high probability of finding good coverage at a lower price. Remarkably, a study showed that consumers who compared rate quotes regularly saved as much as $850 each year as compared to drivers who never compared prices.

If finding the best rates on car insurance in Detroit is your ultimate objective, then learning a little about how to get price quotes and compare insurance rates can save time, money, and frustration.

Locating affordable protection in Detroit is not as hard as you think. Just about every vehicle owner who needs lower cost auto insurance should get a lower-priced policy. Nevertheless, Michigan consumers benefit from understanding how the larger insurance companies price insurance differently and use it to find better rates.

Keep in mind that comparing all the rates in your area will increase your chances of finding the best offered rates. Not every company does rate quotes online, so it’s important to compare rates from them, too.

The providers in the list below can provide free rate quotes in Michigan. To find the cheapest car insurance in MI, we recommend you compare several of them in order to get a fair rate comparison.

Ford Ranger insurance rate analysis

The rate information shown below covers a range of insurance costs for Ford Ranger models. Knowing how premiums are calculated helps drivers make smart policy decisions.

Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Michigan minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Rate information does not factor in your specific Detroit location which can revise coverage prices substantially.

Car insurance deductibles

One of the most common car insurance questions is how high or low should comp and collision deductibles be. The rates below outline how much more rates are of buying low and high deductibles. The first rate estimation uses a $100 comprehensive and collision deductible and the second set of prices uses a $500 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Price estimates do not factor in Detroit location which can modify premium rates substantially.

Based on these figures, using a $100 deductible costs about $40 more each month or $480 every year across all Ford Ranger models than opting for the higher $500 deductible. Due to the fact that you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 10 months between claims, you would probably be better off by going with a higher deductible.

Three reasons to insure your Ranger

Despite the high cost, insurance may be required for several reasons.

• Almost all states have minimum mandated liability insurance limits which means you are required to buy a specific minimum amount of liability if you want to drive legally. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If your Ranger has a lienholder, more than likely the lender will make it a condition of the loan that you have insurance to protect their interest in the vehicle. If you let the policy lapse, the lender may insure your Ford at a significantly higher premium and make you pay for it.
• Insurance safeguards both your assets and your car. It will also cover medical expenses for yourself as well as anyone injured by you. Liability coverage also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.

The benefits of carrying adequate insurance definitely exceed the price paid, especially with large liability claims. The average driver in Michigan overpays more than $820 a year so compare rate quotes at every renewal to ensure rates are competitive.

Save a ton on Ford Ranger insurance in Detroit with these nine discounts

Auto insurance companies don’t always list every discount available in a way that’s easy to find, so we took the time to find a few of the more common in addition to some of the lesser obvious credits available to bring down your rates.

• Onboard Data Collection – Drivers who elect to allow their insurance company to monitor where and when they drive by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if they exhibit good driving behavior.
• Active Service Discounts – Being deployed with a military unit could mean lower premium rates.
• Government Employee Discount – Having worked for a branch of the government can save as much as 8% with select insurance companies.
• Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them successfully take a driver’s education course if offered at their school.
• Anti-lock Brakes – Cars, trucks, and SUVs that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
• Mature Driver Discount – If you’re over the age of 55, you may qualify for lower premium rates.
• Auto/Home Discount – If you combine your auto and homeowners policies and insure them both with the same insurance company you could get a discount of nearly 15% which can help you find low cost Ford Ranger insurance.
• Distant Student Discount – Youth drivers who are enrolled in higher education away from home and do not take a car to college could get you a discount.
• Low Mileage Discounts – Keeping the miles down on your Ford could be rewarded with substantially lower prices.

You can save money using discounts, but many deductions do not apply to the entire cost. Most only reduce the cost of specific coverages such as liability and collision coverage. Just because you may think all the discounts add up to a free policy, companies don’t profit that way.

The information below shows the comparison of Ford Ranger premium costs with and without discounts applied to the policy rates. The prices are based on a male driver, no driving violations, no at-fault accidents, Michigan state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, marriage, multi-policy, safe-driver, and multi-car discounts applied.

Some companies that may include these money-saving discounts include:

• Progressive
• Farmers Insurance
• Farm Bureau
• State Farm
• GEICO
• SAFECO
• Liberty Mutual

Check with all the companies to apply every possible discount. A few discounts might not apply in Detroit. If you would like to choose from a list of providers who offer online Ford Ranger insurance quotes in Michigan, click here to view.

Local Detroit insurance agencies and insurance

A lot of people still like to sit down with an agent and that is just fine! The biggest benefit of comparing rates online is that drivers can save money and get cheaper prices but also keep your business local. Supporting small agencies is especially important in Detroit.

To find an agent, once you fill out this short form, your coverage information is sent to insurance agents in Detroit that can provide free Detroit car insurance quotes for your coverage. You won’t even need to drive around because prices are sent to you instantly. Get lower rates and a licensed agent to work with. If you want to get a comparison quote from a specific company, just go to their quote page and fill out their quote form.

Detroit car insurance agents come in two flavors

If you prefer to buy insurance from a reliable insurance agent, it helps to know the two types of agencies that you can select. Insurance agents in Detroit can be categorized as either independent or exclusive depending on the company they work for.

Independent Insurance Agencies

Agents that elect to be independent are not employed by one company so they can quote policies with a variety of different insurance companies and get the cheapest rates. If your premiums go up, the business is moved internally and you don’t have to find a new agent.

When comparing insurance prices, you need to check rates from several independent insurance agents to maximize your price options. Many independent agencies also insure through different regional companies that many times have cheaper rates.

Below are independent agencies in Detroit that may be able to provide free rate quotes.

• Look Insurance Detroit Southwest Agency
  6724 Michigan Ave – Detroit, MI 48210 – (313) 899-3194 – View Map
• Dave Gilead Insurance Agency
  18323 W McNichols Rd – Detroit, MI 48219 – (313) 533-3220 – View Map
• Michigan SR22 Insurance – Select Insurance Group
  Atwater St – Detroit, MI 48226 – (877) 949-7873 – View Map

View more Detroit agents

Exclusive Agents

Agents that elect to be exclusive can only quote rates from one company and some examples include Allstate, Farmers Insurance or State Farm. These agents are unable to provide prices from multiple companies so they have to upsell other benefits. Exclusive agents are well trained on their company’s products and that enables them to sell even at higher rates. Some people will only buy from the same agent for years mainly due to the brand rather than low rates.

Shown below are exclusive agents in Detroit that are able to give price quote information.

• Angela Hughes – State Farm Insurance Agent
  14511 W McNichols Rd – Detroit, MI 48235 – (313) 862-7800 – View Map
• Michelle Sims – State Farm Insurance Agent
  24970 W Outer Dr – Lincoln Park, MI 48146 – (313) 928-1348 – View Map
• Kenya Wells – State Farm Insurance Agent
  20021 Kelly Rd – Detroit, MI 48225 – (313) 822-5948 – View Map

View more Detroit agents

Choosing the best insurance agent needs to be determined by more than just a cheap price quote. Agents should be asked these questions:

• By raising physical damage deductibles, how much would you save?
• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• What companies can they write with?
• Does the agent help file claims?
• Do they feel the quoted coverages are adequate?
• Can glass repairs be made at your home?

Once you have good feedback to any questions you have as well as a price you’re happy with, chances are good that you have found a car insurance agent that is reputable and can adequately provide insurance. But remember, consumers can terminate coverage at any time so don’t assume that you’re stuck with any particular company with no way out.

Auto insurance coverage considerations

Knowing the specifics of your auto insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive insurance

This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as fire damage, vandalism, theft, a broken windshield and damage from getting keyed. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like backing into a parked car, sideswiping another vehicle, crashing into a building, colliding with a tree and scraping a guard rail. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also raise the deductible on your Ranger to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for prosthetic devices, hospital visits, ambulance fees, doctor visits and chiropractic care. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover you and your occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Ford Ranger.

Due to the fact that many Michigan drivers have only the minimum liability required by law (which is 20/40/10), 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 coverages are identical to your policy’s liability coverage.

Liability auto insurance

Liability coverage can cover damage that occurs to people or other property in an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 20/40/10 that translate to $20,000 in coverage for each person’s injuries, a per accident bodily injury limit of $40,000, and $10,000 of coverage for damaged property. Occasionally you may see one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like medical services, medical expenses, bail bonds, funeral expenses and court costs. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible. Michigan requires drivers to carry at least 20/40/10 but you should think about purchasing higher limits.

The chart below demonstrates why buying the state minimum limits may not be adequate coverage.

Cheap car insurance is out there

We’ve covered some good ideas how you can compare Ford Ranger insurance auto insurance rates in Detroit. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding affordable Detroit car insurance quotes. Drivers may even discover the biggest savings come from a company that doesn’t do a lot of advertising.

Drivers who switch companies do it for a number of reasons such as lack of trust in their agent, questionable increases in premium, extreme rates for teen drivers and delays in paying claims. It doesn’t matter what your reason, finding the right car insurance provider is pretty easy and you might even save some money in the process.

Lower-priced Ford Ranger insurance in Detroit is possible from both online companies and from local insurance agents, and you should compare price quotes from both so you have a total pricing picture. Some companies may not provide internet price quotes and usually these regional carriers work with independent insurance agents.

To read more, take a look at the resources below:

• State Car Insurance Guides (GEICO)
• Who Has Cheap Detroit Car Insurance Quotes for Police Officers? (FAQ)
• Who Has Cheap Detroit Car Insurance Rates for Single Moms? (FAQ)
• Who Has Cheap Detroit Auto Insurance Rates for a GMC Sierra? (FAQ)
• Who Has Cheap Car Insurance Rates for a Subaru Forester in Detroit? (FAQ)
• How Much is Auto Insurance for Teachers in Detroit? (FAQ)
• How Much is Auto Insurance for Nurses in Detroit? (FAQ)
• What is the Best Car Insurance in Detroit? (DetroitInsure.com)
• Collision Insurance Coverage (Nationwide)
• Uninsured Motorist Statistics (Insurance Information Institute)