1992 Ford Escort Insurance Rates – 8 Ways to Save

Do you get exhausted from trying to scrape together enough money to insure your Ford every month? You are in the same boat as many other consumers. Because you have many options when it comes to auto insurance, it is hard for the average consumer to choose a lower cost insurer.

It’s important to check auto insurance prices before your next renewal because auto insurance rates change quite often. Even if you got the best premium rates for Escort coverage at your last renewal the chances are good that you can find a lower price today. Ignore everything you know about auto insurance because you’re about to learn the easiest way to find great coverage at a great price.

Are you getting every discount?

Insuring your fleet can be pricey, but you might be missing out on some discounts that can help lower your rates. Many of these discounts will be applied automatically when you complete an application, but some discounts are required to be specifically requested before being credited. If you do not check that you are getting every discount you deserve, you may be paying too high a price.

  • Policy Bundle Discount – If you can combine your auto and home policy with one insurance company you could get a discount of at least 10 to 15 percent or more.
  • Drive Less and Save – Low annual miles may enable drivers to earn slightly better prices than normal.
  • Federal Employees – Having worked for a branch of the government can save as much as 8% for Escort coverage depending on your company.
  • Anti-lock Brakes – Cars, trucks, and SUVs that have anti-lock braking systems have fewer accidents and qualify for as much as a 10% discount.
  • Accident Waiver – This one isn’t a discount, but some insurance companies permit an accident without the usual rate increase if your claims history is clear for a certain period of time.
  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
  • Telematics Discount – People who choose to allow driving data collection to analyze their driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive might see lower rates as long as the data is positive.
  • More Vehicles More Savings – Insuring more than one vehicle on a single policy can get a discount on all vehicles.

Please keep in mind that most discount credits are not given to all coverage premiums. Some only reduce individual premiums such as medical payments or collision. So when it seems like it’s possible to get free car insurance, companies don’t profit that way. But all discounts should help lower the amount you have to pay.

A few of the larger companies and a selection of discounts are included below.

  • American Family offers premium reductions for accident-free, defensive driver, multi-vehicle, Steer into Savings, air bags, and good student.
  • State Farm may offer discounts for accident-free, anti-theft, defensive driving training, Drive Safe & Save, multiple policy, and multiple autos.
  • 21st Century offers discounts for defensive driver, student driver, theft prevention, homeowners, and air bags.
  • Travelers discounts include early quote, new car, IntelliDrive, save driver, and continuous insurance.
  • GEICO policyholders can earn discounts including air bags, multi-policy, anti-theft, driver training, and membership and employees.

If you want low cost car insurance quotes, ask each company or agent which discounts can lower your rates. Depending on the company, some discounts might not apply everywhere. To see companies with discount insurance coverage rates, click here to view.

How to lower your insurance coverage cost

Comparing insurance coverage rates can be exhausting if you don’t know the best way to get rate quotes. You could waste time talking about coverages with local insurance agents in your area, or you can stay home and use online quotes to get rates in a matter of minutes.

Most of the larger companies take part in a program that allows shoppers to enter their policy data once, and every company returns a competitive quote determined by their information. This eliminates the need for quotation requests to each company.

To find out how much you’re overpaying now click to open in new window.

The only downside to getting quotes like this is that you can’t choose which providers to get quotes from. So if you prefer to pick specific insurance companies to request quotes from, we put together a list of low cost insurance coverage companies in your area. Click to view list.

The method you choose is up to you, but be sure to compare apples-to-apples coverages and limits for every quote you compare. If your comparisons have different deductibles it will be very difficult to determine which rate is truly the best.

When in doubt talk to an agent

When choosing the best car insurance coverage, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions may help highlight whether or not you will benefit from professional help.

  • Is upholstery damage covered by car insurance?
  • When should my teen driver be added to my policy?
  • At what point should I drop full coverage?
  • Is pleasure use cheaper than using my 1992 Ford Escort to commute?
  • Do I need replacement cost coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • Can I still get insurance after a DUI?
  • What is PIP insurance?
  • Am I covered when using my vehicle for business?
  • Where can I find high-risk insurance?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

What auto insurance coverages do you need?

Knowing the specifics of auto insurance helps when choosing the best coverages for your vehicles. Auto insurance terms can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages found on most auto insurance policies.

Auto liability – This can cover damage or injury you incur to a person or their property by causing an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Another option is a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as pain and suffering, structural damage, attorney fees, funeral expenses and loss of income. The amount of liability coverage you purchase is your choice, but consider buying as high a limit as you can afford.

Medical payments coverage and PIP – Med pay and PIP coverage reimburse you for bills for EMT expenses, prosthetic devices, chiropractic care and doctor visits. They are utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Collision coverage – This coverage pays for damage to your Escort resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as sideswiping another vehicle, scraping a guard rail, driving through your garage door, hitting a mailbox and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants and damage to your Ford Escort.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Frequently the UM/UIM limits are set the same as your liablity limits.

Comprehensive coverage – This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from a tornado or hurricane, hail damage and theft. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

More choices the merrier

As you prepare to switch companies, do not skimp on critical coverages to save a buck or two. There are many occasions where drivers have reduced uninsured motorist or liability limits to discover at claim time that the savings was not a smart move. The goal is to get the best coverage possible for the lowest cost, but do not skimp to save money.

The cheapest 1992 Ford Escort insurance can be found both online in addition to many insurance agents, and you need to price shop both to get a complete price analysis. Some auto insurance companies may not provide online rate quotes and most of the time these small, regional companies only sell through independent agents.

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