Want lower insurance rates? Drivers have many options when trying to find affordable Ford Edge insurance. They can either waste time struggling with agents trying to get quotes or utilize the internet to get rate quotes. There is a right way and a wrong way to buy insurance and you need to know the best way to compare rates for a Ford and obtain the best price possible.
There are several ways to compare insurance coverage prices but there is one way that is more efficient than others. You can waste hours talking about coverages with agents in your area, or you could save time and use online quotes to quickly compare rates.
Most of the larger companies participate in an industry program where prospective buyers submit one quote, and each company can provide price quotes based on that information. This prevents consumers from doing quotation requests for every insurance coverage company.
To enter your information into the quoting system, click here (opens in new window).
One minor caviat to comparing rates this way is that you can’t choose which companies to get pricing from. If you prefer to choose individual companies to request quotes from, we have a listing of insurance coverage companies in your area. View list of insurance companies.
However you get your quotes, ensure you are comparing exactly the same coverage limits and deductibles with every price quote. If you use different coverage information it will be impossible to make a fair rate comparison.
Companies that sell car insurance do not list every policy discount in an easy-to-find place, so we researched some of the best known as well as the least known credits available to you.
Discounts save money, but please remember that most discount credits are not given to the entire policy premium. The majority will only reduce the cost of specific coverages such as medical payments or collision. So despite the fact that it appears you could get a free car insurance policy, company stockholders wouldn’t be very happy. Any amount of discount will positively reduce the cost of your policy.
To see insurers who offer discounts, click here.
When buying adequate coverage for your vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.
These are some specific questions might point out whether you would benefit from an agent’s advice.
If you don’t know the answers to these questions, you might consider talking to an insurance agent. To find an agent in your area, complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.
Consumers can’t avoid all the ads that promise big savings from companies such as 21st Century, Allstate and State Farm. They all seem to convey the message that people will save just by moving your insurance policy to them.
How does each company claim to save you money?
Companies have a preferred profile for the type of driver that is profitable for them. An example of a profitable insured could be a married female, has other policies, and drives less than 5,000 miles a year. A driver who meets those qualifications will most likely get cheap premium rates and will also save money with a new company.
Potential insureds who don’t qualify for these criteria may be forced to pay more expensive rates and the prospect going elsewhere. The trick companies use is to say “people that switch” not “everyone that quotes” can get the lowest rates when switching. That is how companies can truthfully make claims that they all have the best rates. This emphasizes why you absolutely need to do a price quote comparison at every renewal. It is impossible to guess the company that will have the lowest rates.
Understanding the coverages of your policy helps when choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.
Comprehensive (Other than Collision) – This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like theft, damage from a tornado or hurricane, rock chips in glass, falling objects and fire damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Medical expense insurance – Med pay and PIP coverage provide coverage for bills like dental work, EMT expenses, pain medications, chiropractic care and prosthetic devices. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
Protection from uninsured/underinsured drivers – This provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.
Collision – This pays for damage to your Edge caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things like rolling your car, colliding with a tree and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.
Liability insurance – Liability insurance provides protection from damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.
Liability can pay for things such as court costs, structural damage, funeral expenses and emergency aid. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.
Cheaper insurance can be sourced on the web and with local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. There are still a few companies who may not provide the ability to get a quote online and these smaller companies only sell coverage through independent insurance agents.
Drivers switch companies for many reasons like unfair underwriting practices, denial of a claim, delays in responding to claim requests or lack of trust in their agent. It doesn’t matter what your reason, finding a new company is easier than you think.
As you go through the steps to switch your coverage, you should never buy poor coverage just to save money. There are too many instances where someone dropped comprehensive coverage or liability limits only to find out that their decision to reduce coverage ended up costing them more. Your focus should be to find the BEST coverage at an affordable rate, but do not sacrifice coverage to save money.
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