Are you kicking yourself for buying an under-performing, overpriced insurance policy? Believe me, many San Antonio drivers have buyer's remorse.
It's an obvious statement that insurance companies don't want you to look for cheaper rates. Consumers who compare other rates will most likely switch to a new company because they stand a good chance of finding a cheaper policy. A survey found that drivers who compared price quotes annually saved $865 annually as compared to drivers who didn't regularly shop around.
If finding the cheapest rates on auto insurance is why you're here, knowing how to quote and compare coverages can make shopping around easier. People have many insurance companies to purchase coverage from, and though it is a good thing to be able to choose, it can be more difficult to adequately compare rates for Ford Ranger insurance in San Antonio.
You should make it a habit to do rate comparisons periodically because insurance prices tend to go up over time. If you had the best quotes on Ford Ranger insurance in San Antonio a couple years back there is a good chance you can find better rates now. Forget all the misinformation about insurance because you're about to learn how to use online quotes to find lower rates on insurance.
Obtaining price quotes for the lowest cost auto insurance coverage in San Antonio is not as time-consuming as you think. If you have coverage now or want to find a cheaper company, follow these tips to find better prices and still have adequate protection. Comparison shoppers just have to know the quickest way to compare different rates online.
Getting a cheaper price on insurance is a fairly straight forward process. The only requirement is to spend a few minutes comparing rates from different insurance companies.
Doing online rate quotes comparisons is so easy that it takes the place of having to spend your day driving to insurance agents' offices. Quoting Ford Ranger insurance online reduces the need to sit down with an agent unless you have a need for the professional advice of a local San Antonio agent. It is possible with some companies compare the best prices online but buy from a local insurance agent.
The companies shown below offer price comparisons in San Antonio, TX. If the list has multiple companies, we suggest you visit as many as you can to find the most competitive auto insurance rates.
Save money with these discounts on Ford Ranger insurance in San Antonio
The price of auto insurance can be rather high, but there's a good chance there are discounts to help bring down the price. Certain discounts will be applied when you purchase, but a few must be specially asked for prior to receiving the credit.
- Accident Waiver - This one isn't a discount, but companies like Progressive and Allstate will turn a blind eye to one accident without getting socked with a rate hike as long as you don't have any claims for a certain period of time.
- Senior Discount - Drivers that qualify as senior citizens can possibly qualify for a slight reduction on a San Antonio auto insurance quote.
- Accident-Free Discounts - Insureds who avoid accidents and claims pay much less in comparison with drivers who are more careless.
- Seat Belt Discounts - Drivers who require all occupants to buckle up before driving may be able to save a few bucks off PIP or medical payments premium.
- Theft Prevention Discount - Cars optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
- Own a Home and Save - Just owning your own home can help you save on insurance because of the fact that having a home is proof that your finances are in order.
Consumers should know that some of the credits will not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comp or med pay. Even though it appears it's possible to get free car insurance, companies wouldn't make money that way. Any amount of discount will help reduce your premiums.
The example below shows the comparison of Ford Ranger annual premium costs with and without discounts applied to the rates. The costs are based on a male driver, no violations or claims, Texas state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, homeowner, multi-car, marriage, and claim-free discounts applied.
To find providers who offer free Ford Ranger insurance quotes in Texas, click this link.
Ford Ranger insurance rates and statistics
The data table shown below outlines estimates of prices for Ford Ranger models. Understanding more about how auto insurance prices are established can help drivers make decisions on the best policy coverages.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Ranger XL 2WD||$202||$328||$500||$30||$150||$1,210||$101|
|Ranger XL SuperCab 2WD||$238||$328||$500||$30||$150||$1,246||$104|
|Ranger XLT 2WD||$238||$328||$500||$30||$150||$1,246||$104|
|Ranger XL 2WD||$238||$328||$500||$30||$150||$1,246||$104|
|Ranger XL SuperCab 4WD||$238||$328||$500||$30||$150||$1,246||$104|
|Ranger XLT SuperCab 2WD||$238||$400||$500||$30||$150||$1,318||$110|
|Ranger Sport SuperCab 2WD||$238||$400||$500||$30||$150||$1,318||$110|
|Ranger Sport SuperCab 4WD||$238||$400||$500||$30||$150||$1,318||$110|
|Ranger XLT SuperCab 4WD||$238||$400||$500||$30||$150||$1,318||$110|
|Ranger Sport SuperCab 2WD||$238||$400||$500||$30||$150||$1,318||$110|
|Ranger XLT SuperCab 2WD||$238||$400||$500||$30||$150||$1,318||$110|
|Get Your Own Custom Quote Go|
Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Prices do not factor in specific location information which can revise premiums greatly.
The information below highlights how deductible choice and can affect Ford Ranger yearly insurance costs for different insured age categories. The rates are based on a single male driver, full physical damage coverage, and no discounts are factored in.
Insurance rate increases from tickets or accidents
The diagram below shows how violations and at-fault accidents can influence Ford Ranger insurance premiums for each age group. The premiums assume a single female driver, comp and collision included, $250 deductibles, and no discounts are applied.
Does full coverage make sense?
The diagram below shows the comparison of Ford Ranger insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Texas. The premiums assume no claims or driving citations, $100 deductibles, drivers are single, and no additional discounts are factored in.
When to stop buying full coverage
There is no definitive formula of when to exclude physical damage insurance, but there is a general guideline. If the yearly cost for physical damage coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
For example, let's assume your Ford Ranger claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company would pay you is $5,000 after paying your policy deductible. If premium cost is more than $500 a year for physical damage coverage, then you may want to consider only buying liability coverage.
There are a few situations where removing full coverage is not a good plan. If you haven't paid off your loan, you have to maintain full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not drop full coverage.
Informed Drivers Save More
Consumers need to have an understanding of some of the factors that aid in calculating the level of your policy premiums. If you have some idea of what influences your rates, this empowers consumers to make smart changes that can earn you lower premium levels.
Youthful drivers cost more - More experienced drivers are viewed as being more responsible, tend to cause fewer accidents, and tend to be get fewer driving tickets. Inexperience drivers have been known to be inattentive and easily distracted in a vehicle so they pay higher auto insurance rates.
The following chart is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.
Do women or men drive better? - Statistics show women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. Males and females get in accidents in similar numbers, but the men get into accidents with more damage. In addition to higher claims, males also get cited for more serious violations like driving under the influence (DUI).
The illustration below shows the difference between Ford Ranger auto insurance rates for male and female drivers. The rate quotes are based on no driving violations, no at-fault accidents, full physical damage coverage, $1,000 deductibles, drivers are single, and no discounts are applied.
Drivers with responsible credit save on auto insurance - Having a bad credit rating will be a significant factor in determining what you pay for auto insurance. People with very high credit ratings tend to be better drivers and file fewer claims than drivers with lower credit ratings. If your credit rating is lower than you'd like, you could save money insuring your Ford Ranger if you clean up your credit.
Save money with higher physical damage deductibles - Physical damage protection, also called 'full coverage', insures against damage to your Ford. Some examples of claims that would be covered would be a broken side mirror, damage caused by hail, and damage caused by flying debris. Physical damage deductibles state the amount of money you are required to spend out-of-pocket before a claim is paid by your company. The more expense you pay before a claim is paid (deductible), the lower your rates will be.
Remove unneeded incidental coverages - There are a ton of additional coverages that you can get tricked into buying if you aren't diligent. Insurance for things like coverage for rental cars, towing coverage, and extra life insurance coverage are probably not needed. The coverages may be enticing at first, but your needs may have changed so consider taking them off your policy.
Cheaper rates using alarm systems - Selecting a car model with a theft deterrent system can save you some money. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft and help lower rates.
High stress vocation may mean higher premiums - Did you know your occupation can influence how much you pay for auto insurance? Careers like real estate brokers, architects, and emergency personnel have the highest average rates due to stressful work requirements and extremely grueling work hours. On the other hand, jobs like farmers, students and performers generally pay rates lower than average.
Auto insurance is available from local insurance agents
Many drivers prefer to sit down with an agent and that is a personal choice. Insurance agents are trained risk managers and give you someone to call. One of the great benefits of comparing rates online is that you can find lower prices but also keep your business local. Buying insurance from small agencies is still important in San Antonio.
To find an agent, once you fill out this quick form, your information is immediately sent to agents in your area that give free quotes for your coverage. You won't even need to find an agent since rate quotes are delivered immediately to your email address. If you want to compare rates from a specific company, don't hesitate to navigate to their website and submit a quote form there.
Multiple types of car insurance agents in San Antonio
If you need to find a reputable agency, you need to know there are two types of agencies and how they can write your policy. San Antonio agents are considered either independent agents or exclusive agents. Both sell and service auto insurance coverage, but we need to point out the difference between them since it could factor into the type of agent you choose.
Independent Agencies or Brokers
Agents that choose to be independent are not restricted to one company so as a result can place your coverage with a variety of different insurance companies and find you cheaper rates. If premiums increase, they can switch companies in-house and you don't have to do anything. If you need lower rates, you need to include a couple of independent agencies for maximum quote selection.
Below is a partial list of independent insurance agents in San Antonio that may be able to give you free auto insurance rate quotes.
These type of agents can usually just insure with one company and some examples include AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agencies are unable to compare other company's rates so you might not find the best rates. Exclusive agents are usually well trained on their company's products which helps them sell on service rather than price.
The following is a list of exclusive agents in San Antonio that are able to give comparison quotes.
Finding the right insurance agency should depend on more than just the quoted price. The answers to these questions are important, too.
- Can you use your own choice of collision repair facility?
- Does their agency support local causes in San Antonio?
- Is insurance their full-time profession?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Can glass claims be handled at your home?
- What are the financial ratings for the companies they represent?
Find cheap rates by being thorough
Some insurance companies may not offer online price quotes and usually these regional insurance providers prefer to sell through independent agencies. Budget-friendly insurance in San Antonio is attainable from both online companies and from local insurance agents, and you should compare price quotes from both to have the best rate selection.
When trying to cut insurance costs, never reduce needed coverages to save money. There are too many instances where someone dropped physical damage coverage only to regret at claim time that it was a big mistake. The proper strategy is to buy a smart amount of coverage at the best cost and still be able to protect your assets.
- Drunk Driving Statistics (Insurance Information Institute)
- Who Has Cheap Auto Insurance Quotes for 16 Year Olds in San Antonio? (FAQ)
- Winter Driving (Insurance Information Institute)
- Determining Your Vehicle's Value and Repair Cost (Insurance Information Institute)