Compare Ford Ranger Insurance Quotes in Baltimore

Smart shoppers know that auto insurance companies want to keep your business as long as possible. People who shop for lower prices are highly likely to switch to a new company because there is a good chance of finding more affordable rates. A study showed that consumers who routinely shopped for cheaper coverage saved an average of $865 annually compared to other drivers who didn’t regularly shop around.

If finding the most affordable insurance in Baltimore is the reason you’re here, then having some knowledge of how to find companies and compare car insurance can save time and make the process easier.

If saving the most money is your goal, then the best way to find lower priced auto insurance rates is to start comparing prices yearly from different companies in Baltimore.

1. Read and learn about how insurance works and the steps you can take to keep rates in check. Many risk factors that drive up the price such as traffic violations, accidents, and poor credit rating can be controlled by making minor changes in your lifestyle. Later in this article we will cover more information to help prevent high rates and earn larger discounts.
2. Compare rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from one company like Progressive and State Farm, while independent agents can give you price quotes from multiple companies. Select a company
3. Compare the quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate quote, ensure coverage does not lapse between policies.
4. Tell your current agent or company of your intent to cancel your current auto insurance policy. Submit a completed application and payment for the new policy. Don’t forget to place the new certificate of insurance in a readily accessible location in your vehicle.

A crucial key to this process is to use the same coverage limits and deductibles on every price quote and and to get quotes from as many companies as feasibly possible. Doing this guarantees an accurate price comparison and the best price selection.

Seven Things That Impact Your Insurance Rates

Smart consumers have a good feel for the rating factors that come into play when calculating your auto insurance rates. When you understand what positively or negatively impacts your premiums, this allows you to make good choices that could result in big savings. Many things are used when quoting car insurance. Some of the criteria are obvious such as your driving history, although others are not quite as obvious such as your credit history or how safe your car is.

Tickets and citations cost more than a fine – Drivers who don’t get tickets receive lower rates than people who have multiple driving citations. Even a single citation can boost insurance rates twenty percent or more. Drivers who have gotten serious citations like reckless driving, hit and run or driving under the influence may face state-mandated requirements to submit a SR-22 form with the DMV in their state in order to keep their license.

The information below illustrates how traffic citations and accident claims can impact Ford Ranger yearly insurance costs for each different age group. Data assumes a single female driver, comprehensive and collision coverage, $500 deductibles, and no other discounts are factored in.

Do you qualify for a multi-policy discount? – Some companies provide better rates to insureds who consolidate policies with them. It’s known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to shop around to help guarantee you have the best rates.

What are your coverage deductibles? – Protection for physical damage, otherwise known as comp (or other than collision) and collision, protects your Ford from damage. Some examples of covered claims are a broken windshield, damage from fire, and burglary. Deductibles for physical damage define the amount you are willing to pay if a covered claim is submitted. The more damage repair cost you have to pay, the less your auto insurance will be.

Proper usage rating affects prices – The more you drive in a year’s time the more you’ll pay to insure it. Almost all companies rate vehicles based on their usage. Autos that do not get driven very much receive lower rates as compared to vehicles used primarily for driving to work. Having an incorrect usage rating on your Ranger is throwing money out the window. It’s a good idea to make sure your auto insurance declarations sheet properly reflects the correct driver usage, because it can save money.

Youthful drivers are expensive to insure – Older people are shown to be more cautious, cause fewer claims and accidents, and are generally more financially stable. Teenage drivers are proven to be inattentive when driving with friends and because of this, their auto insurance rates are much higher.

The next chart uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Prices are impacted by vehicle performance – The type of vehicle you are trying to find cheaper insurance for makes a significant difference in your rates. The most favorable rates will generally be found on small economy passenger vehicles, but the final cost of insurance is determined by many other factors.

The following chart assumes a married female driver age 30, full coverage with $250 deductibles, and no discounts or violations. The data compares Ford Ranger car insurance rates compared to other models that have a range of performances.

Lower prices by staying claim free – Insurance companies in Maryland award discounts to insureds that do not abuse their auto insurance. If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Auto insurance is intended for major claims that would cause financial hardship.

Finding low cost Baltimore auto insurance quotes is actually easier than you may think. You just need to take the time comparing rate quotes from some recommended companies.

Online shopping is fast and free, and it takes the place of having to drive to each insurance agency near you. Shopping for auto insurance online has reduced the need for local agents unless you have a complicated situation and need the professional advice of a local Baltimore agent. However, consumers can compare online quotes and have a local agent actually service the policy.

The companies shown below are ready to provide quotes in Baltimore, MD. To find cheap auto insurance in Baltimore, MD, we recommend you get prices from several of them to get the cheapest price.

Ford Ranger insurance coverage information

The coverage table shown next outlines a range of policy rates for Ford Ranger models. Being more informed about how auto insurance policy rates are figured can benefit drivers when making informed decisions when comparing rate quotes.

Data variables include married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Prices do not factor in specific location which can raise or lower insurance rates greatly.

An analysis of deductible level

One of the hardest decisions when shopping for car insurance is the level to set your comp and collision deductibles. The premium rates below help summarize the differences in premium rates when you choose different coverage deductibles. The first set of prices uses a $250 physical damage deductible and the second rate chart uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can raise or lower coverage prices noticeably.

Based on this data, using a $250 deductible will cost you about $14 more each month or $168 every year than buying the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you average at least 18 months between claims, you would most likely save money by going with a higher deductible.

The example below highlights how deductible choice and can affect Ford Ranger yearly insurance costs for each different age category. The costs are based on a married female driver, full coverage, and no other discounts are factored in.

Ford Ranger insurance premiums by gender in Baltimore

The chart below compares Ford Ranger insurance prices for male and female drivers. Data assumes no violations or accidents, full coverage, $500 deductibles, single status, and no additional discounts are factored in.

Insurance is not optional in Maryland

Despite the high cost, paying for insurance serves several important purposes.

• Most states have minimum liability requirements which means the state requires specific limits of liability protection if you drive a vehicle. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
• If your Ranger has a lienholder, most lenders will have a requirement that you buy insurance to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the bank may buy a policy for your Ford for a much higher rate and force you to reimburse them a much higher amount than you were paying before.
• Insurance safeguards not only your Ford but also your assets. It will also reimburse you for many types of medical costs for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance also covers legal expenses if anyone sues you for causing an accident. If your Ford gets damaged, your policy will pay to repair the damage minus the deductible amount.

The benefits of carrying adequate insurance are definitely more than the cost, especially when you need to use it. According to a 2015 survey, the average American driver is overpaying more than $869 every year so compare rates once a year at a minimum to help ensure money is not being wasted.

You may qualify for discounts for Ford Ranger insurance in Baltimore

Insuring your fleet can be pricey, but you can get discounts that you may not even know about. Some discounts apply automatically at the time you complete a quote, but some discounts are required to be specially asked for before you get the savings.

• Good Students Pay Less – Maintaining excellent grades can earn a discount of 20% or more. Earning this discount can benefit you up to age 25.
• Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can get savings of more than 20%.
• College Student – Older children who attend college more than 100 miles from Baltimore and do not have a car may be insured at a cheaper rate.
• One Accident Forgiven – Not necessarily a discount, but companies like Progressive, State Farm and GEICO will let one accident slide before hitting you with a surcharge if your claims history is clear for a certain period of time.
• Buy New and Save – Insuring a vehicle that is new can save up to 30% because newer vehicles have to meet stringent safety requirements.
• Anti-theft System – Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen less frequently so companies will give you a small discount.

A quick disclaimer, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like medical payments or collision. So even though it sounds like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

The chart below shows the comparison of Ford Ranger insurance costs with and without discounts applied to the policy rates. The premium estimates are based on a male driver, no violations or accidents, Maryland state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, safe-driver, marriage, multi-policy, and claim-free discounts applied.

Some of the larger companies that may include some of the above discounts may include but are not limited to:

• State Farm
• Nationwide
• GEICO
• AAA
• 21st Century
• The Hartford

Before purchasing a policy, check with every prospective company which credits you are entitled to. Discounts might not be offered on policies in Baltimore. To view providers who offer free Ford Ranger insurance quotes in Baltimore, click this link.

Insurance is available from local insurance agents

Certain consumers still like to have an agent’s advice and that is a smart decision Licensed agents can help determine the best coverages and help submit paperwork. A good thing about comparing insurance prices online is that drivers can save money and get lower rates but also keep your business local.

For easy comparison, once you complete this form (opens in new window), your information is instantly submitted to insurance agents in Baltimore who can give free rate quotes and help you find cheaper coverage. It makes it easy because there is no need to search for an agent as quotes are delivered immediately to your email address. In the event you want to get a comparison quote for a specific company, you just need to navigate to their website and give them your coverage information.

Selecting an provider shouldn’t rely on just a cheap price. Some important questions to ask are:

• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Do they feel the quoted coverages are adequate?
• Will the company cover a rental car if your car is getting fixed?
• Is the agent and/or agency licensed to do business in Maryland?
• Does the company use OEM repair parts?
• Is the agent CPCU or CIC certified?
• Is insurance their full-time profession?
• Do they make recommendations based only on price?

If you prefer to buy insurance from a good Baltimore insurance agent, it can be helpful to understand the different agency structures and how they operate. Agents in Baltimore can be described as either independent agents or exclusive agents depending on their employer. Both can write insurance policies, but it’s worth learning how they differ since it could factor into which type of agent you select.

Exclusive Agents

These agents can usually just insure with one company and some examples include Allstate, Farmers Insurance, State Farm, and AAA. They are unable to provide prices from multiple companies so they are skilled at selling on more than just price. Exclusive agents are trained well in insurance sales which helps them compete with independent agents.

Shown below is a short list of exclusive agents in Baltimore who can help you get price quote information.

More Baltimore agents

Independent Agents (or Brokers)

Agents of this type do not work for one specific company so they can write business through lots of different companies depending on which coverage is best. If your agent finds better pricing, your agent can just switch to a different company and you don’t have to do anything. If you need cheaper insurance rates, we recommend you get some free quotes from at least one independent agent so that you can do a thorough price comparison.

The following are independent insurance agents in Baltimore willing to provide price quotes.

More Baltimore agents

Ratings for Baltimore car insurance companies

Buying coverage from the best auto insurance provider can be a challenge considering how many companies sell coverage in Baltimore. The ranking data in the lists below may help you choose which car insurance providers to look at to insure your vehicles.

Top 10 Baltimore Car Insurance Companies Ranked by Value

1. Mercury Insurance
2. Travelers
3. American Family
4. AAA Insurance
5. Safeco Insurance
6. Progressive
7. The Hartford
8. The General
9. 21st Century
10. Esurance

Top 10 Baltimore Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Car insurance can be complex

Always keep in mind that when comparing insurance from an agent or online for your personal vehicles, there is no “best” method to buy coverage. Everyone’s needs are different and a cookie cutter policy won’t apply.
For example, these questions may help you determine whether or not you may require specific advice.

• Do I need rental car coverage?
• Can good grades get a discount?
• Should I pay a claim out-of-pocket?
• Will damage be repaired with OEM parts?
• What if I total my Ford Ranger and owe more than it’s worth?
• Am I covered when driving someone else’s vehicle?
• Who does medical payments coverage extend to?
• Does my medical payments coverage pay my health insurance deductible?
• What is PIP insurance?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Don’t give up on cheaper coverage

While you’re price shopping online, it’s not a good idea to skimp on coverage in order to save money. There are many occasions where drivers have reduced liability limits or collision coverage and found out when filing a claim that the savings was not a smart move. The ultimate goal is to buy a smart amount of coverage at the lowest possible cost but still have enough coverage for asset protection.

There are still a few companies who do not provide rates over the internet and most of the time these regional insurance providers work with independent insurance agencies. Lower-priced Ford Ranger insurance in Baltimore is available both online as well as from insurance agents, and you should be comparing both to have the best rate selection.

Additional information is located on the following sites:

• Insurance Losses by Make and Model (iihs.org)
• How Much is Baltimore Car Insurance for a Company Car? (FAQ)
• Who Has the Cheapest Baltimore Car Insurance for a Toyota RAV4? (FAQ)
• Who Has the Cheapest Car Insurance for a Ford Edge in Baltimore? (FAQ)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
• Auto Insurance Facts and Statistics (Insurance Information Institute)