2023 Ford Ranger Car Insurance Calculator

Learn visually how changes to different risk factors influence insurance rates for a 2023 Ford Ranger. Experiment with factors like coverage deductibles, age of the driver, policy discounts, and Ranger trim level. Get instant feedback if the choices you make are positive or negative.

The average estimated car insurance premium for a 2023 Ford Ranger is $2,018 per year, or about $168 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,018

Cost Per Month

$168

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Ford Ranger Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2023 Ford Ranger.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,018
Average Rate
Your Rate
$2,018

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2023 Ford Ranger trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2023 Ford Ranger is $2,018.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2023 Ford Ranger vs. the Midsize Truck Segment

The table below compares insurance rates for the 2023 Ford Ranger against all other models in the midsize truck segment. The Ford Ranger is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Ford Ranger, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Ford Ranger.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2023 Ford Ranger Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Ford Maverick$1,886-$132
2Chevrolet Colorado$1,896-$122
3Nissan Frontier$1,964-$54
4Ford Ranger$2,018--
5GMC Canyon$2,066$48
6Toyota Tacoma$2,078$60
7Hyundai Santa Cruz$2,116$98
2023 Midsize Truck Average$2,149$131
8Honda Ridgeline$2,260$242
9Jeep Gladiator$2,366$348
10Rivian R1T$2,836$818

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2023 Ranger Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Ford Ranger.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2023 Ford Ranger Insurance Rates by Trim Level
2023 Ford Ranger Trim Level Annual Premium Cost Per Month
XL Super Cab$1,858$155
XL Crew Cab$1,922$160
XL Super Cab 4WD$1,958$163
XLT Super Cab$1,970$164
XL Crew Cab 4WD$2,006$167
XLT Crew Cab$2,012$168
XLT Super Cab 4WD$2,040$170
Lariat Super Cab$2,052$171
XLT Crew Cab 4WD$2,074$173
Lariat Crew Cab$2,086$174
Lariat Super Cab 4WD$2,110$176
Lariat Crew Cab 4WD$2,138$178

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2023 Ford Ranger for different driver ages.

2023 Ford Ranger Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,268$606
17$7,002$584
18$6,200$517
19$5,677$473
20$4,333$361
21$4,134$345
22$3,692$308
23$3,063$255
24$2,884$240
25$2,340$195
30$2,144$179
35$2,078$173
40$2,018$168
45$1,892$158
50$1,798$150
55$1,676$140
60$1,682$140
65$1,786$149
70$1,946$162
75$2,306$192
80$2,838$237

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Ford Ranger trim levels.