Save on 2010 Ford Five Hundred Insurance Quotes

Shoppers have a choice when shopping for low-cost Ford Five Hundred insurance. You can either spend your time driving around trying to get quotes or use the internet to compare rates.

There is a right way and a wrong way to find insurance online and we’ll show you the absolute fastest way to price shop coverage on a Ford and find the lowest possible price.

Four things that affect your insurance premiums

Many things are taken into consideration when you get a price on insurance. Some factors are common sense such as your driving record, but some are not as apparent like your continuous coverage and annual miles driven.

  • Deter car thieves – Driving a car with advanced anti-theft systems can help bring down rates. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent car theft.
  • Bad credit will cost you – Having a bad credit score will be a significant factor in calculating your premium rate. So if your credit is not that good, you may save money insuring your 2010 Ford Five Hundred by improving your rating. Drivers who have good credit tend to be better risks to insure than those with lower credit ratings.
  • Insurance coverage rates can be impacted by your occupation – Occupational choices like military generals, executives and financial analysts tend to have the highest average rates attributed to high stress levels and lots of time spent away from family. Other jobs like actors, historians and the unemployed get better rates on Five Hundred coverage.
  • Gender impacts rates – Over time, data shows females are less aggressive when driving. This data doesn’t prove that males are worse at driving than females. Women and men are in auto accidents in similar percentages, but the males cause more damage and cost insurance companies more money. Not only are claims higher, but men receive more major tickets like DUI and reckless driving.

Pay discount rates these rate-reducing discounts

Insurance is easily one of your largest bills, but companies offer discounts that may help make it more affordable. Some trigger automatically when you purchase, but once in a while a discount must be asked for before they will apply.

  • Paperless Signup – A handful of insurance companies will give a small break just for signing your application on the web.
  • Full Payment Discount – If you pay your entire premium ahead of time rather than paying monthly you may have a lower total premium amount.
  • Distant College Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from home and do not take a car to college may be insured at a cheaper rate.
  • Bundled Policy Discount – If you can combine your homeowners and auto policy and place coverage with the same company you may save up to 20% and get you cheaper insurance coverage.
  • Multi-line Discount – Insurance carriers who offer life insurance give a discount if you purchase a life policy as well.
  • Driver Safety – Participating in a defensive driving course can save you 5% or more and easily pay for the cost of the class.
  • Claim-Free Discount – Drivers with accident-free driving histories pay much less in comparison to frequent claim filers.

Remember that some of the credits will not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, it’s just not the way it works.

A list of companies and a selection of discounts are outlined below.

  • The Hartford may offer discounts for driver training, bundle, air bag, anti-theft, and vehicle fuel type.
  • American Family has savings for air bags, early bird, accident-free, good driver, multi-vehicle, bundled insurance, and mySafetyValet.
  • Progressive policyholders can earn discounts including multi-policy, homeowner, continuous coverage, good student, and online signing.
  • Travelers offers premium reductions for early quote, IntelliDrive, hybrid/electric vehicle, continuous insurance, multi-policy, and new car.
  • Farmers Insurance offers discounts for homeowner, electronic funds transfer, early shopping, switch companies, distant student, and bundle discounts.
  • USAA discounts include loyalty savings, new vehicle, driver training, safe driver, multi-vehicle, military installation, and family discount.
  • Liberty Mutual has discounts for preferred payment discount, new vehicle discount, teen driver discount, safety features, newly married, hybrid vehicle, and new graduate.

Before you buy a policy, ask all the companies which discounts you qualify for. Some of the discounts discussed earlier may not be offered in your area. To see insurance companies that provide some of the discounts listed above, click here to view.

Do I need special coverages?

When it comes to choosing the right insurance coverage, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help highlight whether your personal situation may require specific advice.

  • Do I benefit by insuring my home with the same company?
  • Is a new car covered when I drive it off the dealer lot?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Who is covered when they drive my 2010 Ford Five Hundred?
  • Does my liability insurance cover pulling a trailer or camper?
  • Where can I get insurance after a DUI in my state?
  • Does my policy cover me when driving someone else’s vehicle?
  • Does my medical payments coverage pay my health insurance deductible?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Car insurance policy coverages for a 2010 Ford Five Hundred

Having a good grasp of a car insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Car insurance terms can be impossible to understand and nobody wants to actually read their policy.

Collision insurance

This will pay to fix damage to your Five Hundred from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things like sustaining damage from a pot hole, crashing into a building, hitting a mailbox, driving through your garage door and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive (Other than Collision)

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

Comprehensive coverage protects against things like vandalism, hail damage, rock chips in glass and hitting a bird. The maximum amount your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Protection from uninsured/underinsured drivers

This provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Ford Five Hundred.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Liability insurance

This coverage will cover damage that occurs to a person or their property that is your fault. This insurance protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as court costs, medical expenses, structural damage and attorney fees. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like hospital visits, ambulance fees and funeral costs. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

The bottom line

Cheaper car insurance is available on the web as well as from independent agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance providers don’t offer rate quotes online and most of the time these smaller companies only sell coverage through local independent agents.

Drivers switch companies for many reasons like poor customer service, delays in paying claims, an unsatisfactory settlement offer or denial of a claim. It doesn’t matter what your reason, finding a new car insurance company is not as hard as you think.

When searching for the cheapest insurance coverage quotes, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many situations where an insured dropped full coverage and discovered at claim time they didn’t have enough coverage. Your goal is to buy a smart amount of coverage at an affordable rate.

Much more information about car insurance can be found at these links: