2009 Ford Five Hundred Insurance Quotes – 6 Tips for Cheaper Rates

Are you sick and tired of wondering where the money will come from to keep your car insured? You are in the same boat as many other consumers.

Multiple auto insurance companies compete for your hard-earned dollar, so it’s not easy to compare every company to get the lowest rate

If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using this information. Buying car insurance is quite easy. Although car owners must learn the way companies determine prices and apply this information to your search.

The most recommended method to compare car insurance company rates is to take advantage of the fact auto insurance companies have advanced systems to provide you with a free rate quote. The only thing you need to do is provide information such as if you require a SR-22, your occupation, the ages of drivers, and any included safety features. Your insurance information is instantly provided to multiple different insurance companies and they provide comparison quotes within a short period of time.

To compare multiple company rates now, click here and find out if you can get cheaper insurance.

Auto insurance discounts help lower rates

Auto insurance is not an enjoyable expense, but you may qualify for discounts that may help make it more affordable. Most are applied at the time of quoting, but occassionally some discounts must be inquired about prior to receiving the credit. If you don’t get every credit you deserve, you are throwing money away.

  • Seat Belt Usage – Drivers who always wear seat belts and also require passengers to wear their seat belts can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
  • Good Students Pay Less – This discount may save you up to 25%. Many companies even apply the discount to college students well after school through age 25.
  • Clubs and Organizations – Participating in a professional or civic organization could earn you a nice discount on your policy.
  • Early Payment Discounts – If you pay your bill all at once rather than paying monthly you may have a lower total premium amount.
  • Discounts for Federal Employees – Simply working for the federal government can earn a discount up to 10% on Five Hundred insurance but check with your company.
  • Discounts for New Vehicles – Buying insurance coverage on a new vehicle can get you a discount because new vehicles are generally safer.

You can save money using discounts, but some of the credits will not apply the the whole policy. Some only apply to specific coverage prices like collision or personal injury protection. So even though they make it sound like you could get a free auto insurance policy, companies don’t profit that way.

Companies and a partial list of their discounts can be found below.

  • GEICO has discounts for seat belt use, air bags, military active duty, five-year accident-free, and membership and employees.
  • USAA offers discounts including loyalty savings, military installation, driver training, multi-vehicle, annual mileage, multi-policy, and defensive driver.
  • Progressive has savings for online signing, good student, homeowner, multi-vehicle, and multi-policy.
  • American Family offers discounts for good driver, TimeAway discount, good student, mySafetyValet, accident-free, bundled insurance, and defensive driver.
  • Esurance policyholders can earn discounts including good driver, good student, safety device, homeowner, multi-policy, and online quote.
  • Farmers Insurance may offer discounts for electronic funds transfer, distant student, teen driver, mature driver, and good student.
  • State Farm offers premium reductions for multiple policy, anti-theft, student away at school, multiple autos, and good driver.

If you need lower rates, check with all the companies to apply every possible discount. Some of the earlier mentioned discounts might not be offered everywhere. If you would like to choose from a list of companies that provide some of the discounts listed above, click this link.

Which is the best car insurance?

When buying the best car insurance coverage, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For instance, these questions may help highlight if your insurance needs will benefit from professional help.

  • Does insurance cover tools stolen from my truck?
  • When should I not file a claim?
  • When should I remove comp and collision on my 2009 Ford Five Hundred?
  • Is upholstery damage covered by car insurance?
  • Is a new car covered when I drive it off the dealer lot?
  • When should I buy a commercial auto policy?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Save $385 a year? Really?

Allstate and Progressive continually stream ads on TV and radio. All the companies advertise claims that people will save if you just switch your coverage. How can each company offer drivers better rates? This is the way they can do it.

Insurance providers give the cheapest rates for the type of driver that will not have excessive claims. An example of a desirable risk could be between the ages of 30 and 50, has a clean driving record, and drives a vehicle with a low ISO rating. Anyone that meets those criteria gets the lowest premium rates and is almost guaranteed to pay quite a bit less when switching companies.

Insureds who do not meet the “perfect” profile will probably have to pay a higher premium and the customer not purchasing. The trick companies use is to say “people who switch” but not “everyone who gets a quote” can save as much as they claim. That is how insurance companies can advertise the savings.

Because of these techniques, you absolutely need to compare free insurance quotes often. It is just not possible to predict with any certainty which company will have the lowest rate quotes.

Coverage specifics

Learning about specific coverages of car insurance helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Listed below are the normal coverages found on the average car insurance policy.

Comprehensive coverage (or Other than Collision)

This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as damage from flooding, falling objects, vandalism and hitting a bird. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like nursing services, rehabilitation expenses, X-ray expenses and surgery. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Auto liability insurance

This coverage protects you from injuries or damage you cause to other people or property in an accident. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability insurance covers claims like bail bonds, structural damage and emergency aid. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Collision coverage protection

Collision insurance pays for damage to your Five Hundred caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things such as rolling your car, driving through your garage door and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Five Hundred.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these coverages do not exceed the liability coverage limits.

Compare but don’t skimp

We just covered a lot of tips how to reduce 2009 Ford Five Hundred insurance prices online. The most important thing to understand is the more companies you get rates for, the better chance you’ll have of finding affordable insurance. Consumers may even find the lowest prices come from a small mutual company. Some small companies may have significantly lower rates on certain market segments compared to the large companies like State Farm or Progressive.

Cheaper car insurance is attainable from both online companies and from local agencies, and you need to comparison shop both to have the best rate selection. Some car insurance companies don’t offer the ability to get quotes online and usually these smaller companies provide coverage only through independent insurance agents.

As you go through the steps to switch your coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, someone sacrificed uninsured motorist or liability limits to discover at claim time that it was a big mistake. Your goal should be to buy a smart amount of coverage at the best possible price, but do not sacrifice coverage to save money.

More information can be read at the links below