Cheaper 1994 Ford Five Hundred Car Insurance Rates

Finding the cheapest insurance for a Ford Five Hundred can be a painful process, but you can use a few tricks to make it easier.

There is a better way to compare car insurance rates and we’ll show you the quickest way to price shop coverage for a new or used Ford and obtain the lowest possible price from local insurance agents and online providers.

It’s a good habit to take a look at other company’s rates before your policy renews because insurance prices are constantly changing. Despite the fact that you may have had the best quotes for Five Hundred insurance six months ago the chances are good that you can find a lower rate today. There is a lot of bad information regarding car insurance on the internet, but in this article, you’re going to get some excellent ideas to lower your car insurance bill.

If you have a policy now or are looking for a new policy, you can use these tips to find better prices and possibly find even better coverage. Locating the best coverage is quite easy. Drivers just need to know the proper way to shop for insurance coverage online.

Buy insurance coverage online

All the larger insurance coverage companies like Allstate and Progressive make it easy to get price estimates online. Obtaining pricing doesn’t take a lot of time as all you need to do is type in your required coverages on the page. After the form is submitted, their quoting system requests your credit score and driving record and gives you a price quote based on these factors.

Online quotes simplifies rate comparisons, but the time it takes to visit several different sites and complete many quote forms can be a bit repetitive. But it is imperative to have as many quotes as possible if you want to find a lower rate.

The better way to compare rates

A less time-consuming method to lower your insurance coverage bill uses one form that gets prices from a bunch of companies at once. It’s a real time-saver, requires less work, and makes comparison shopping a little more enjoyable. As soon as you send your information, it is quoted with multiple companies and you can pick any or none of the pricing results.

If you find a better price it’s easy to complete the application and purchase the new policy. It can be completed in less than 10 minutes and could lower your rates considerably.

To quickly find out how much you’re overpaying now, click here to open in new window and fill out the form. To compare your current rates, we recommend you input your coverages as shown on your current policy. This way, you will have rate comparison quotes based on similar coverages.

Discounts for lower-cost auto insurance rates

Insurance can cost an arm and a leg, but you can get discounts to help offset the cost. Some of these disounts will be visible at the time of quoting, but less common discounts must be specifically requested before they will apply. If you do not double check each discount you qualify for, you may be paying too high a price.

  • Switch and Save Discount – A few larger companies allow discounts for switching to them before your current policy expires. This discount can save up to 10%.
  • Good Student – Performing well in school can be rewarded with saving of up to 25%. You can use this discount normally well after school through age 25.
  • ABS and Traction Control Discounts – Cars with ABS and/or traction control have fewer accidents and the ABS can save up to 10%.
  • Active Service Discounts – Being on active deployment in the military could mean lower auto insurance rates.
  • Seat Belt Usage – Drivers who require all vehicle occupants to buckle up before driving can save 10% or more on the medical payments or PIP coverage costs.
  • Auto/Life Discount – If the company offers life insurance, you could get a small discount if you purchase life insurance from them.

As is typical with insurance, most discount credits are not given to the entire policy premium. Some only reduce individual premiums such as liability and collision coverage. So even though you would think having all the discounts means you get insurance for free, it’s just not the way it works.

To choose providers that have a full spectrum of discounts, follow this link.

Tailor your auto insurance coverage to you

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

For example, these questions might point out if your insurance needs could use an agent’s help.

  • How much underlying liability do I need for an umbrella policy?
  • Does my policy cover me when driving someone else’s vehicle?
  • Where can I find high-risk insurance?
  • Is rental equipment covered for theft or damage?
  • Will my insurance pay for OEM parts?
  • Do I need more liability coverage?
  • What is UM/UIM insurance?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and you can get the answers you need.

Lower your insurance rates

A large part of saving on insurance coverage is knowing the factors that go into determining the level of your policy premiums. When you understand what controls the rates you pay, this allows you to make good choices that may reward you with cheaper rates.

  • Prices are affected by your address – Choosing to live in areas with lower population can save you money when shopping for auto insurance. People in densly populated areas tend to have more traffic problems and a longer drive to work. Less people living in that area corresponds to lower accident rates and a lower car theft rate.
  • Don’t let your insurance coverage policy lapse – Letting your insurance expire is a fast way to bump up your insurance coverage costs. Not only will rates go up, failure to provide proof of insurance could result in fines and jail time. You will then be forced to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
  • Use one insurance company and save – Most insurance coverage companies provide better rates to people that have more than one policy in the form of a multi-policy discount. Even with this discount, drivers will still want to check prices from other companies to verify if the discount is saving money.
  • Safer vehicles are cheaper to insure – Cars with high safety ratings tend to be cheaper to insure. Vehicles engineered for safety reduce injuries and fewer injuries means less claims paid and more competitive rates for policyholders.
  • Lower rates come with age – Mature drivers are viewed as being more responsible, tend to cause fewer accidents , and are generally more financially stable.Beginning drivers have a tendency to be easily distracted when behind the wheel and because of this, their insurance coverage rates are much higher.
  • Prevent your car from being stolen – Choosing to buy a car with advanced anti-theft systems can help lower your rates. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart car theft.
  • Don’t skimp on liability – The liability coverage on your policy will protect you when a jury decides you are liable for personal injury or accident damage. It will provide legal defense to attempt to prove you were not liable. It is affordable coverage compared to physical damage coverage, so drivers should carry high limits.

Insurance policy specifics

Knowing the specifics of your policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Collision coverages – Collision coverage pays to fix your vehicle from damage caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like sideswiping another vehicle, damaging your car on a curb, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so consider removing coverage from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Coverage for medical payments – Med pay and PIP coverage provide coverage for immediate expenses like EMT expenses, pain medications, prosthetic devices and dental work. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

Uninsured and underinsured coverage – Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Five Hundred.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability coverage – This can cover damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things like bail bonds, funeral expenses, medical services and loss of income. The amount of liability coverage you purchase is a personal decision, but buy as high a limit as you can afford.

Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like rock chips in glass, hitting a deer, damage from getting keyed, theft and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Have the Midas touch

When buying insurance coverage, make sure you don’t buy poor coverage just to save money. There have been many cases where someone dropped comprehensive coverage or liability limits and learned later that they should have had better coverage. Your aim should be to purchase a proper amount of coverage at the best cost, but do not sacrifice coverage to save money.

Drivers switch companies for many reasons like extreme rates for teen drivers, questionable increases in premium, lack of trust in their agent or poor customer service. It doesn’t matter why you want to switch finding a great new company is pretty easy and you might even save some money in the process.

Budget-conscious 1994 Ford Five Hundred insurance can be found on the web and also from your neighborhood agents, and you need to price shop both to have the best chance of lowering rates. Some insurance providers do not provide online price quotes and these regional carriers prefer to sell through independent agents.

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