Save Money on Ford F-350 Insurance in El Paso

If you want to save money, the best way to find more affordable car insurance rates is to compare prices once a year from insurance carriers who provide car insurance in El Paso. Rate comparisons can be done by following these guidelines.

Step 1: Try to learn about what coverages are included in your policy and the changes you can make to prevent high rates. Many rating criteria that are responsible for high rates like inattentive driving and a low credit score can be remedied by being financially responsible and driving safely.

Step 2: Request rate estimates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive or Farmers Insurance, while agents who are independent can quote rates from multiple sources.

Step 3: Compare the new rate quotes to your current policy premium and see if there is a cheaper rate. If you find a better price and switch companies, ensure there is no coverage lapse between policies.

Step 4: Tell your current agent or company of your intent to cancel your existing policy. Submit a down payment along with a signed application to the new company. Don’t forget to put the new proof of insurance certificate in an accessible location in your vehicle.

A good tip to remember is to compare the same deductibles and limits on every price quote and and to get price estimates from as many companies as feasibly possible. Doing this provides a fair rate comparison and a thorough price selection.

Unfortunately, the vast majority of consumers in Texas have bought insurance from the same company for a minimum of four years, and nearly 40% of drivers have never compared rates to find affordable insurance. Many consumers in the U.S. can cut their rates by nearly $859 a year, but they just don’t understand the large savings they would see if they switched.

Locating the most affordable car insurance policy in El Paso is not that difficult. If you have coverage now or need a new policy, follow these tips to save money and still get good coverage. Drivers just need to understand the proper way to compare rates on the web.

The companies shown below are ready to provide free rate quotes in Texas. If the list has multiple companies, we suggest you compare several of them to get the cheapest price.

Ford F-350 insurance analysis

The price information below outlines estimates of coverage costs for Ford F-350 models. Being able to understand how policy premiums are formulated can be valuable when making decisions on the best policy coverages.

Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Rate quotes do not factor in vehicle location which can alter auto insurance rates substantially.

Auto insurance is not optional in Texas

Even though it’s not necessarily cheap to insure a Ford in El Paso, auto insurance may be required and benefits you in several ways.

• The majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability insurance coverage if you drive a vehicle. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your vehicle has a loan, most lenders will require that you have insurance to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the bank will be required to insure your Ford at a more expensive rate and force you to pay the higher premium.
• Insurance protects not only your Ford F-350 but also your financial assets. Insurance will pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, will also pay to defend you in the event you are sued. If your vehicle suffers damage from an accident or hail, your auto insurance policy will cover the damage repairs after a deductible is paid.

The benefits of buying enough insurance are definitely more than the cost, particularly for liability claims. Despite what companies tell you, the average driver is overpaying over $810 a year so compare rate quotes every year to ensure rates are competitive.

Buy Ford F-350 Insurance at a Discount

Lots of factors are taken into consideration when you get a price on insurance. Some factors are common sense like a motor vehicle report, although some other factors are not as apparent like where you live or your financial responsibility. One of the most helpful ways to save on car insurance is to to have a grasp of some of the things that help calculate your premiums. If you know what controls the rates you pay, this allows you to make good choices that can earn you better car insurance rates.

Small coverages can add up – Policies have add-on coverages that can waste your money if you aren’t diligent. Things like roadside assistance, better glass coverage, and motor club memberships could be just wasting money. These may sound like a good investment when buying your policy, but if you have no use for them remove them and pocket the money.

Marriage can lower prices – Being married may save some money when buying car insurance. Marriage generally demonstrates drivers are more mature and responsible and it’s statistically proven that married drivers tend to file fewer claims.

Defend yourself with liability coverage – The liability coverage on your policy will protect you in the event that you are found to be at fault for physical damage or personal injury to other. Liability provides you with a defense in court to defend your case. Liability insurance is pretty cheap compared to comp and collision, so do not cut corners here.

Better credit means lower premiums – Having a bad credit rating can be a huge factor in determining premium rates. Therefore, if your credit history can be improved, you may save money insuring your Ford F-350 by spending a little time repairing your credit. Insureds with excellent credit scores tend to be less risk to insure than drivers who have poor credit.

Insurance premiums and driver gender – Over the last 50 years, statistics have shown women are more cautious behind the wheel. However, don’t assume that females are better at driving than males. Both sexes have at-fault accidents in similar percentages, but the male of the species get into accidents with more damage. Men also tend to get more serious tickets like DWI (DUI) or reckless driving. Youthful male drivers generally have the highest accident percentage so it costs more to insure them.

The example below visualizes the comparison of Ford F-350 insurance costs for male and female drivers. The rates are based on no accidents, no driving violations, full physical damage coverage, $250 deductibles, single marital status, and no discounts are applied.

Ford F-350 claim probability – Insurers analyze past claim statistics when they set coverage costs for each model. Vehicles that tend to have high amounts or severity of claims will have higher premium rates. The table below illustrates the insurance loss data used by companies for Ford F-350 vehicles.

For each policy coverage, the statistical loss for all vehicles, regardless of manufacturer or model, equals 100. Values under 100 indicate a favorable loss history, while numbers that are greater than 100 point to more losses or a tendency for losses to be larger than average.

El Paso car insurance company ratings

Insuring your vehicle with the right auto insurance company can be a challenge considering how many companies sell insurance in El Paso. The ranking data displayed below may help you select which car insurance providers you want to consider when looking for cheaper rates.

Top 10 El Paso Car Insurance Companies Ranked by Customer Service

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

Top 10 El Paso 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

More quotes mean more car insurance savings

When searching for the cheapest Ford F-350 rate quotes, don’t be tempted to sacrifice coverage to reduce premiums. In many cases, someone sacrificed collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy enough coverage for the lowest cost but still have enough coverage for asset protection.

Insureds who switch companies do it for a variety of reasons including high prices, lack of trust in their agent, being labeled a high risk driver or even denial of a claim. Whatever your reason, switching companies can be pretty painless.

There are still a few companies who may not offer price quotes online and many times these small, regional companies provide coverage only through local independent agents. Lower-priced car insurance in El Paso is available from both online companies and from local agencies, and you need to comparison shop both to get a complete price analysis.

More information is available below:

• What is Covered by GAP Insurance? (Allstate)
• Safety Belts FAQ (iihs.org)
• Avoiding Deer Collisions (Insurance Information Institute)
• Protect Yourself Against Auto Theft (Insurance Information Institute)