2000 Ford Five Hundred Insurance Cost

Want better car insurance rates for your Ford Five Hundred? Purchasing lower-cost car insurance might seem impossible for vehicle owners new to buying their car insurance over the internet. With so many insurance agents and companies competing online, how are vehicle owners able to efficiently compare the different rates to find the cheapest rates?

If you have car insurance now, you will be able to reduce your rates substantially using this strategy. Pricing the lowest cost coverage can be fairly easy. But drivers need to have an understanding of the way insurance companies determine prices and apply this information to your search.

Buy auto insurance online

To find the best auto insurance quotes, there are several ways of comparing rates from many auto insurance companies in your state. The easiest way by far to compare 2000 Ford Five Hundred insurance prices is to perform an online rate comparison. This is quite simple and can be completed by using one of the methods below.

  1. If you are pressed for time, the simplest way to get quotes is to use a rate comparison form (click to open form in new window). This quick form prevents you from having to do separate quotation requests to each individual auto insurance company. In just a few minutes this one form will get you rate comparisons from all major companies. This is by far the quickest method.
  2. A less efficient way to find lower rates consists of going to the website for every company you want to comare and repeat the quote process. For instance, we’ll assume you want comparison quotes from Farmers, Safeco and Allstate. In order to get each rate, you would have to go to every website and repeatedly type in your coverage information, which is not fast way to get rate quotes.

    To view a list of companies in your area, click here.

  3. The least recommended method of comparing rate quotes is to spend time driving to local insurance agencies. The internet reduces the need to sit down with an agent unless your situation requires the peace of mind that only a licensed agent can provide. However, consumers can get prices online but buy the policy through an agent.

Whichever way you use, do your best to use identical coverage limits on every quote you get. If you use different coverage information you will not be able to make a fair rate comparison. Even a minor difference in limits can mean a large discrepancy in price. Keep in mind that having more price comparisons helps improve the odds of finding a lower rate.

Take advantage of every car insurance discount

Car insurance is not cheap nor is it fun to buy but companies offer discounts that can dramatically reduce your bill. Most are applied at the time of quoting, but occassionally some discounts must be asked about before you get the savings.

  • Employee of Federal Government – Active or retired federal employment could qualify for a slight premium decrease for Five Hundred coverage with certain companies.
  • Resident Student – College-age children who are enrolled in higher education away from home and won’t have access to an insured vehicle may be able to be covered for less.
  • E-sign Discounts – A handful of car insurance companies will discount your bill up to fifty bucks simply for signing on their website.
  • More Vehicles More Savings – Drivers who insure more than one vehicle on the same car insurance policy may reduce the rate for each vehicle.
  • Good Grades Discount – Getting good grades can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Discounts for Cautious Drivers – Accident-free drivers can get discounts for up to 45% lower rates for Five Hundred coverage as compared to drivers with claims.
  • New Vehicle Savings – Buying coverage on a new vehicle is cheaper since newer models have better safety ratings.

Remember that many deductions do not apply the the whole policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. Even though the math looks like you would end up receiving a 100% discount, that’s just not realistic. Any amount of discount will definitely lower the premium cost.

The best car insurance companies and some of the premium reductions they offer are included below.

  • State Farm offers premium reductions for driver’s education, Steer Clear safe driver discount, defensive driving training, good student, and multiple autos.
  • Farmers Insurance has savings for homeowner, distant student, youthful driver, alternative fuel, mature driver, and business and professional.
  • Progressive may have discounts that include online quote discount, continuous coverage, multi-vehicle, homeowner, online signing, and multi-policy.
  • GEICO may offer discounts for daytime running lights, multi-vehicle, emergency military deployment, multi-policy, military active duty, driver training, and good student.
  • Auto-Owners Insurance may include discounts for air bags, anti-lock brakes, safe vehicle, mature driver, multi-policy, and group or association.
  • The Hartford offers discounts for bundle, driver training, anti-theft, vehicle fuel type, air bag, good student, and defensive driver.
  • Farm Bureau discounts include 55 and retired, multi-policy, driver training, multi-vehicle, safe driver, renewal discount, and good student.
  • USAA has discounts for vehicle storage, good student, driver training, family discount, multi-vehicle, and defensive driver.

Double check with every company which discounts can lower your rates. A few discounts might not be available to policyholders in your state. To choose car insurance companies with significant discounts, click here.

How to know if you need help

When it comes to choosing proper insurance coverage, there really is not a perfect coverage plan. Each situation is unique.

For instance, these questions might help in determining if your insurance needs will benefit from professional help.

  • Do I need roadside assistance coverage?
  • What should my uninsured motorist coverage limits be in my state?
  • Does my policy pay for OEM or aftermarket parts?
  • What discounts do I qualify for?
  • Does medical payments coverage apply to all occupants?
  • Where can I find DUI or SR-22 insurance?
  • What can I do if my company won’t pay a claim?
  • What is no-fault insurance?

If you can’t answer these questions but you know they apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Parts of your insurance policy

Understanding the coverages of your insurance policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for bills such as nursing services, ambulance fees and dental work. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision insurance

Collision insurance pays for damage to your Five Hundred resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like crashing into a ditch, colliding with a tree, hitting a parking meter and rolling your car. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Auto liability insurance

This coverage protects you from damages or injuries you inflict on other people or property in an accident. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like medical services, medical expenses and attorney fees. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like hitting a bird, damage from a tornado or hurricane, hitting a deer and a tree branch falling on your vehicle. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants 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 limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.