Car Insurance Rates for a Ford Ranger in Virginia Beach

It’s an obvious assumption that car insurance companies want to keep your business as long as possible. Consumers who rate shop once a year will probably switch car insurance companies because there is a good chance of finding better rates. A recent survey revealed that drivers who compared rates once a year saved approximately $865 a year compared to people who never compared other company’s rates.

If finding the cheapest price on insurance is your objective, then having some insight into how to shop and compare coverage rates can make the process less intimidating.

The best way we recommend to find cheaper prices for Ford Ranger insurance is to make a habit of regularly comparing prices from insurance carriers in Virginia Beach.

First, gain an understanding of how companies price auto insurance and the measures you can control to prevent high rates. Many risk factors that cause rate increases like speeding tickets, careless driving and a less-than-favorable credit rating can be eliminated by making minor changes to your lifestyle.

Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like GEICO and Allstate, while independent agents can give you price quotes from multiple insurance companies.

Third, compare the new quotes to your current policy and see if there is a cheaper rate. If you can save money and make a switch, ensure there is no coverage lapse between policies.

Fourth, give proper notification to your current agent or company to cancel your current car insurance policy. Submit the completed application along with a down payment to the new company. As soon as you receive it, store the certificate verifying proof of insurance with your registration paperwork.

The key aspect of shopping around is to compare identical coverages on each quote and and to get prices from as many different companies as possible. This guarantees a fair rate comparison and the best rate selection.

If you have a current auto insurance policy, you will definitely be able to save money using this strategy. Locating the best rates in Virginia Beach is not that difficult as long as you know where to start. Although Virginia consumers must comprehend the way insurance companies market insurance on the web.

The most recommended method to compare insurance rates in your area takes advantage of the fact most larger insurance companies allow for online access to give rate comparisons. To start a quote, the only thing you need to do is provide the companies a bit of rating information such as driver ages, whether you are married, whether you have decent credit, and if you have an active license. That information gets sent immediately to insurance companies and they return quotes within a short period of time.

To check rates for your Ford Ranger now, click here and enter your zip code.

The following companies are our best choices to provide free rate quotes in Virginia. If your goal is to find cheap auto insurance in Virginia Beach, we recommend you click on several of them in order to get a fair rate comparison.

Car insurance does more than just protect your car

Despite the high cost, maintaining insurance serves several important purposes.

First, just about all states have minimum mandated liability insurance limits which means the state requires specific minimum amounts of liability insurance in order to get the vehicle licensed. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.

Second, if you have a loan on your car, it’s most likely the lender will force you to buy insurance to guarantee loan repayment. If you do not keep the policy in force, the bank will be required to insure your Ford for a lot more money and make you pay the higher premium.

Third, insurance safeguards not only your car but also your financial assets. It also can pay for medical bills for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if you are sued as the result of an accident. If you have damage to your Ford as the result of the weather or an accident, comprehensive and collision coverage will cover the repair costs.

The benefits of carrying enough insurance are without a doubt worth the cost, especially with large liability claims. Unknowingly, the average driver is overpaying more than $830 a year so you should quote rates at least once a year to ensure rates are inline.

Ford Ranger detailed coverage information

The rate information displayed below outlines detailed analysis of insurance coverage prices for Ford Ranger models. Having knowledge of how policy rates are established can help drivers make smart buying decisions.

Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Price information does not factor in specific Virginia Beach garaging location which can increase or decrease premium rates considerably.

Higher deductibles lower rates

A question often asked by Virginia Beach drivers is where to set your physical damage deductibles. The following tables can help you visualize how much more rates are when you select higher and lower physical damage deductibles. The first rate table uses a $250 deductible for comp and collision and the second price table uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Estimates do not factor in Virginia Beach location which can raise or lower price quotes substantially.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs roughly $17 more each month or $204 each year across all Ford Ranger models than requesting the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 44 months between claim filings, you would probably be better off going with the higher deductible.

One important issue to know is that increasing deductibles to lower your rates means you will have to pay more when you have a physical damage claim. That will necessitate enough disposable income in order to pay the higher deductible.

Ford Ranger insurance rates by age and gender

The illustration below illustrates the comparison of Ford Ranger car insurance rates for male and female drivers. The prices are based on no claims, a clean driving record, full physical damage coverage, $500 deductibles, drivers are single, and no other discounts are factored in.

Affordable Ford Ranger insurance in Virginia Beach

The cost of insuring your cars can be expensive, but you may find discounts to help bring down the price. Many of these discounts will be applied automatically when you get a quote, but some need to be inquired about in order for you to get them. If you’re not getting every credit available, you are not getting the best rate possible.

• Student Discount for Driver Training – It’s a good idea to have your young drivers take driver’s ed class in school or through a local driver safety program.
• Paper-free Discount – Certain insurance companies provide a small discount for buying a policy and signing up on the web.
• Anti-lock Brake System – Cars and trucks that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
• Senior Citizen Rates – If you qualify as a senior citizen, you may receive better auto insurance rates.
• Accident Forgiveness Coverage – Not a discount per se, but a few companies such as GEICO, Progressive, and Allstate will allow you to have one accident before raising your premiums so long as you haven’t had any claims prior to the accident.
• Memberships – Being a member of qualifying clubs or civic groups is a simple method to lower premiums on your bill.
• Pay Now and Pay Less – By making one initial payment instead of monthly or quarterly installments you may have a lower total premium amount.

Discounts reduce rates, but you should keep in mind that most credits do not apply to the entire cost. Most cut the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy. Any amount of discount should help reduce your overall premium however.

The information below compares Ford Ranger insurance premiums with and without discounts applied to the premium. The price estimates are based on a male driver, no accidents or driving violations, Virginia state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, multi-car, claim-free, and homeowner discounts applied.

Companies that may offer quotes with most of the discounts above include:

• State Farm
• Esurance
• Progressive
• Liberty Mutual
• Auto-Owners Insurance
• GEICO

It’s a good idea to ask all companies you are considering how many discounts you can get. All car insurance discounts may not apply to policyholders in your state. If you would like to view companies that have a full spectrum of discounts in Virginia, click here.

When to have guidance from a local insurance agent

Certain consumers still like to sit down with an agent and that is just fine! An additional benefit of comparing rate quotes online is you can get cheap auto insurance rates and also buy local. Supporting neighborhood agents is definitely important in Virginia Beach.

By using this quick form, your insurance data is emailed to agents in your area who will give you quotes for your insurance coverage. You won’t need to contact any agents due to the fact that quote results will go immediately to your email address. You’ll get the best rates without a big time investment. If you want to compare rates from a particular provider, you just need to visit that company’s website and submit a quote form there.

Different types of Virginia Beach car insurance agents

If you need to find a good Virginia Beach insurance agent, it’s helpful to know the different types of agencies from which to choose. Agents are classified as either independent agents or exclusive agents.

Independent Agents (or Brokers)

Agents in the independent channel often have affiliation with several companies so they can quote policies with any number of different companies and potentially find a lower price. If they quote lower rates, they simply move your policy to a different company and you don’t have to find a new agent.

If you are comparing rate quotes, it’s a good idea to get some free quotes from a few independent agents to have the most options to choose from.

Featured below is a list of independent insurance agents in Virginia Beach that may be able to give you pricing information.

View more agents

Exclusive Auto Insurance Agencies

These agents can only provide pricing for a single company like AAA, Allstate, and State Farm. They usually cannot provide other company’s prices so keep that in mind. Exclusive insurance agents are very knowledgeable on their company’s products which helps them sell insurance even at higher premiums.

The following is a list of exclusive insurance agents in Virginia Beach that are able to give price quote information.

View more agents

Finding a good auto insurance agent requires you to look at more than just the bottom line cost. These are some questions your agent should answer.

• Do they see any coverage gaps in your plan?
• How are they compensated?
• Do you work with a CSR or direct with the agent?
• Is vehicle mileage a factor when determining depreciation for repairs?
• Can you use your own choice of collision repair facility?

What is the best auto insurance coverage?

Always keep in mind that when comparing coverage online or from an agent, there really is not a “perfect” insurance plan. Everyone’s needs are different and your auto insurance should be unique as well.
For example, these questions might help in determining whether you might need an agent’s assistance.

• Are rock-chip repairs free?
• How can I get the company to pay a claim?
• How much liability insurance is required?
• Should I have combined single limit or split liability limits?
• Can I get by with minimal medical coverage if I have good health insurance?
• Does liability extend to a camper or trailer?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Auto insurance company ratings

Buying coverage from the highest-rated insurance provider can be challenging considering how many companies there are to choose from in Virginia Beach. The ranking data displayed below could help you select which insurers you want to consider purchasing coverage from.

Top 10 Virginia Beach Car Insurance Companies Ranked by Claims Service

1. Travelers
2. Allstate
3. Nationwide
4. State Farm
5. GEICO
6. Liberty Mutual
7. American Family
8. Esurance
9. AAA Insurance
10. Titan Insurance

Top 10 Virginia Beach Car Insurance Companies by A.M. Best Rank

1. Travelers – A++
2. USAA – A++
3. GEICO – A++
4. State Farm – A++
5. Erie Insurance – A+
6. Titan Insurance – A+
7. Esurance – A+
8. Progressive – A+
9. Nationwide – A+
10. The Hartford – A+

In Summary

When you buy Virginia Beach car insurance online, do not buy lower coverage limits just to save a few bucks. There are too many instances where an insured cut liability coverage limits and found out when filing a claim that it was a big mistake. Your strategy should be to purchase plenty of coverage at a price you can afford.

Cheaper insurance in Virginia Beach is attainable both online and also from your neighborhood Virginia Beach agents, and you should compare rates from both to get a complete price analysis. Some companies don’t offer price quotes online and many times these smaller providers provide coverage only through independent agents.

Other learning opportunities

• Steps to Take After an Auto Accident (Insurance Information Institute)
• Who Has the Cheapest Auto Insurance for Uninsured Drivers in Virginia Beach? (FAQ)
• Who Has Affordable Virginia Beach Auto Insurance for Single Moms? (FAQ)
• Teen Driving Statistics (iihs.org)
• Safety Belts FAQ (iihs.org)
• New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
• Frontal Crash Tests (iihs.org)