2011 Ford Escape Insurance Cost – 8 Savings Tips

Trying to find the cheapest insurance coverage rates for your Ford Escape? Sick and tired of sacrificing to pay insurance coverage each month? You are no different than many other drivers.

You have multiple auto insurance companies to choose from, and even though it’s nice to have multiple companies, it makes it harder to find the best rates.

You should make it a habit to compare rates every six months since insurance prices are rarely the same from one policy term to another. Even if you got the best quotes for Escape insurance six months ago you can probably find a better rate now. Forget anything you know (or think you know) about insurance coverage because it’s time to teach you the quickest way to remove unneeded coverages and save money.

Buying car insurance is easy if you know what you’re doing. If you have car insurance now, you will be able to reduce your rates substantially using this information. Nevertheless, drivers do need to understand how insurance companies compete online and apply this information to your search.

Save money by getting these eight discounts

Auto insurance companies don’t always list the entire discount list very clearly, so the following list contains some of the best known and the harder-to-find credits available to you.

  • Life Insurance Discount – Larger insurance carriers have a small discount if you purchase some life insurance in addition to your auto policy.
  • Multiple Vehicles – Buying a policy with more than one vehicle on one policy may reduce the rate for each vehicle.
  • ABS and Traction Control Discounts – Cars and trucks that have anti-lock braking systems are safer to drive and therefore earn up to a 10% discount.
  • Save over 55 – Drivers over the age of 55 can possibly qualify for a small discount on rates for Escape insurance.
  • Fewer Miles Equal More Savings – Driving fewer miles can qualify you for better premium rates on cars that stay parked.
  • Waiver for an Accident – This one is not really a discount per se, but companies like Allstate, Progressive, and GEICO will allow you to have one accident before they charge you more for coverage with the catch being you have to be claim-free for a certain period of time.
  • Buy New and Save – Buying a new car instead of a used car can save up to 30% because new model year vehicles keep occupants safer.
  • No Accidents – Insureds with no claims or accidents have much lower rates in comparison to drivers with a long claim history.

Don’t be shocked that some credits don’t apply to your bottom line cost. Some only reduce specific coverage prices like liability, collision or medical payments. Even though the math looks like having all the discounts means you get insurance for free, that’s just not realistic.

If you would like to view companies that offer multiple discounts, click this link.

Your insurance coverage coverage should be tailored to you

When choosing the right insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover whether your personal situation might need professional guidance.

  • Are rock chip repairs covered?
  • Should I get collision insurance on every vehicle?
  • Do I need roadside assistance coverage?
  • Is business equipment covered while in my vehicle?
  • Is my teenager covered with friends in the car?
  • How high should my uninsured/underinsured coverage be in my state?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area.

Insurance savings promises

Popular insurance providers such as State Farm, Allstate and GEICO regularly use television, radio, and online ads. They all seem to try to convey promises about how much you will save if you change your coverage. It sounds good, but how can they all lower your prices? This is the way they can do it.

Insurance providers have a preferred profile for the type of driver that makes them money. For instance, a desirable insured may need to be between the ages of 30 and 50, has a low-risk occupation, and chooses high deductibles. A customer getting a price quote who meets those qualifications gets the lowest prices and will probably pay quite a bit less when switching companies.

People who do not fit the “perfect” profile will have to pay a more expensive rate with the end result being the driver buying from a lower-cost company. The ads say “customers who switch” not “everyone who quotes” can save as much as they claim. This is how insurance companies can advertise the way they do. This illustrates why you really should compare many company’s car insurance rates. It’s just not possible to know with any certainty which company will give you lower rates than your current company.

Insurance coverages 101

Understanding the coverages of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and reading a policy is terribly boring. These are typical coverages offered by insurance companies.

Medical expense coverage

Med pay and PIP coverage reimburse you for expenses like doctor visits, X-ray expenses, rehabilitation expenses and chiropractic care. They are utilized in addition to your health insurance program or if you do not have health coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist 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 hospital bills for your injuries as well as damage to your Ford Escape.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Liability car insurance

This provides protection from damages or injuries you inflict on people or other property in an accident. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for things such as loss of income, funeral expenses and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Collision protection

This pays for damage to your Escape caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like driving through your garage door, colliding with a tree and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.

Comprehensive protection

This will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as rock chips in glass, fire damage and hitting a bird. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Quote often and quote early

In this article, we covered many ways to lower your 2011 Ford Escape insurance auto insurance rates. The key thing to remember is the more rate quotes you have, the better your comparison will be. You may be surprised to find that the most savings is with a lesser-known regional company. They can often provide lower premium rates in certain areas than their larger competitors like Allstate, GEICO and Progressive.

Budget-conscious 2011 Ford Escape insurance is definitely available on the web and with local insurance agents, and you should compare rates from both in order to have the best price selection to choose from. A few companies may not provide internet price quotes and usually these smaller providers prefer to sell through local independent agents.

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