1994 Ford Escort Car Insurance Rates – 10 Tips for Cheaper Quotes

Shopping for the cheapest car insurance can seem difficult if you haven’t ever compared insurance using online price quotes. But don’t let that discourage you because finding affordable coverage online is easier than you think.

Do you qualify for these ten discounts?

Some insurers don’t always advertise their entire list of discounts in an easy-to-find place, so here is a list both the well known in addition to some of the lesser obvious insurance coverage savings.

  • Driver Training Discounts – Taking part in a defensive driving class could cut 5% off your bill and also improve your driving technique.
  • Early Signing – A few insurance coverage companies allow discounts for switching companies prior to the expiration date on your current policy. It’s a savings of about 10%.
  • Active Military Service – Having a family member in the military could mean lower rates.
  • Auto/Home Discount – When you combine your homeowners and auto insurance and insure them both with the same insurance company you may save up to 20% off your total premium.
  • Payment Method – By making one initial payment instead of monthly or quarterly installments you could save 5% or more.
  • Drivers Education – Teen drivers should successfully complete driver’s ed class in school.
  • Good Grades Discount – This discount can save 20 to 25%. The good student discount can last until age 25.
  • College Student – College-age children who are enrolled in higher education away from home and don’t have a car may be able to be covered for less.
  • Waiver for an Accident – Not really a discount, but some insurance companies allow you one accident without getting socked with a rate hike as long as you don’t have any claims for a certain period of time.
  • Low Mileage Discounts – Driving less can earn cheaper rates.

As a disclaimer on discounts, some of the credits will not apply to the entire cost. Most cut the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates all those discounts means the company will pay you, it’s just not the way it works.

Some of the larger companies that may offer quotes with some of the above discounts include:

Check with all companies you are considering to give you their best rates. Some of the earlier mentioned discounts might not be offered on policies in your area. To choose insurance coverage companies that have a full spectrum of discounts, click here to view.

Well known brands might not be cheapest

Companies like State Farm, Allstate and GEICO constantly bombard you with ads on television and other media. All the companies advertise the message that drivers will save a bundle if you change your coverage to them. How can each company claim to save you money? It’s all in the wording.

Most companies have specific guidelines for the type of driver that will be a good risk. A good example of this type of insured could possibly be over the age of 45, has no claims, and drives a safe vehicle. Any customer who meets those qualifications receives the best premium rates and have a good chance to save a lot of money.

Insureds who don’t qualify for those criteria will be quoted more expensive rates which translates to the driver buying from a lower-cost company. Company advertisements say “drivers that switch” not “all people who quote” save money. That’s the way insurance companies can confidently lure you into getting a quote.

This really illustrates why you need to get price quotes at each policy renewal. It is just not possible to predict with any certainty which company will have the best auto insurance rates for your profile.

Don’t assume everyone needs the same auto insurance coverage

When it comes to buying coverage for your vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is unique.

These are some specific questions can help discover whether you would benefit from an agent’s advice.

  • Does car insurance cover theft of personal property?
  • When do I need to add a new car to my policy?
  • Do I have coverage when using my vehicle for my home business?
  • When should I remove comp and collision on my 1994 Ford Escort?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Will I lose any money if I cancel my policy before it expires?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form.

Car insurance coverages for a 1994 Ford Escort

Having a good grasp of your insurance policy can help you determine appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Medical costs insurance

Coverage for medical payments and/or PIP pay for bills for rehabilitation expenses, surgery and nursing services. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

UM/UIM Coverage

This provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision coverage protection

Collision insurance covers damage to your Escort resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things such as hitting a mailbox, crashing into a building and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Liability coverages

Liability insurance will cover injuries or damage you cause to people or other property in an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for claims like funeral expenses, pain and suffering, loss of income and legal defense fees. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive or Other Than Collision

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like hitting a deer, damage from a tornado or hurricane, hitting a bird, fire damage and rock chips in glass. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Pennies from heaven

When searching for cheaper car insurance quotes, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where an insured dropped comprehensive coverage or liability limits only to regret that they should have had better coverage. The goal is to buy enough coverage at the best possible price and still be able to protect your assets.

Cheaper 1994 Ford Escort insurance can be sourced both online and from local agencies, so you need to shop car insurance with both so you have a total pricing picture. A few companies do not offer online price quotes and usually these small, regional companies sell through local independent agents.

We’ve covered a lot of information how to save on 1994 Ford Escort insurance. It’s most important to understand that the more companies you get rates for, the higher the chance of saving money. Consumers could even find that the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising.

Additional auto insurance information can be read below: