Cheaper 2013 Ford Five Hundred Insurance Rates

Searching for lower insurance coverage rates for your Ford Five Hundred? Are you intimidated by the sheer number of insurance coverage choices that you can choose from? There are so many choices to choose from that it can quickly become a big hassle to locate the lowest premium rates.

Choices you make can impact your insurance premiums

Lots of factors are used in the calculation when premium rates are determined. Some are pretty understandable such as traffic violations, but others are more transparent such as your credit history and annual miles driven.An important part of buying insurance is that you know some of the things that aid in calculating the rates you pay for insurance. When consumers understand what determines premiums, this enables you to make decisions that will entitle you to lower premium levels.

  • Is you job costing you more? – Occupations such as military generalspolice officers and financial analysts are shown to have higher rates than average in part from intense work situations and lots of time spent away from family. On the other hand, professions such as farmers, athletes and performers receive lower rates for Five Hundred coverage.
  • Claim-free discounts can add up – If you’re an insured who likes to file claims don’t be surprised to see either policy cancellation or increased premiums. Auto insurance companies award better rates to people who do not file claims often. Your car insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Are females or males drivers cheaper? – Statistics have proven that females tend to be a little less risky than males. The data does not necessarily mean that males are worse at driving than females. Females and males cause auto accidents at about the same rate, but guys have accidents that have higher claims. Men also tend to get more serious tickets such as reckless driving.
  • Improve your credit score – Your credit history is a big factor in determining what you pay. Therefore, if your credit history is not that good, you could be paying less to insure your 2013 Ford Five Hundred if you improve your credit rating. Consumers who have very good credit scores tend to be better drivers and file fewer claims than those with worse credit.

Double check you’re getting with these discounts

Companies offering auto insurance don’t always publicize the complete list of policy discounts in an easy-to-find place, so the below list has some of the more common and also the lesser-known ways to save on car insurance. If you check and find you aren’t receiving every discount possible, you’re just leaving money on the table.

  • No Accidents – Good drivers with no accidents get the best car insurance rates in comparison with policyholders that have many claims.
  • Driver’s Ed – Have your child enroll and complete driver’s education in school.
  • Responsible Driver Discount – Insureds without accidents can save up to 40% or more on their car insurance quote for Five Hundred coverage than their less cautious counterparts.
  • Early Renewal Discounts – A few car insurance companies offer discounts for switching to them before your current coverage expires. You can save around 10% with this discount.
  • Discount for Multiple Policies – When you combine your auto and homeowners insurance and insure them both with the same insurance company you may earn at least 10 to 15 percent or more.

As a sidenote, some credits don’t apply to all coverage premiums. Most only cut the cost of specific coverages such as collision or personal injury protection. So even though you would think it’s possible to get free car insurance, companies don’t profit that way. But any discount will reduce your policy premiums.

A few of the larger companies and the discounts they provide can be read below.

  • State Farm may have discounts that include accident-free, defensive driving training, passive restraint, multiple policy, and good driver.
  • Progressive may include discounts for good student, multi-vehicle, multi-policy, online signing, and continuous coverage.
  • Travelers may offer discounts for hybrid/electric vehicle, student away at school, good student, multi-car, and home ownership.
  • American Family policyholders can earn discounts including mySafetyValet, defensive driver, accident-free, Steer into Savings, good driver, and good student.
  • Liberty Mutual offers premium reductions for newly retired, multi-car, hybrid vehicle, new vehicle discount, and newly married.

When getting a coverage quote, ask all the companies which discounts you may be entitled to. Some discounts listed above may not apply to policyholders in your area.

Big names are not always cheapest

State Farm and Allstate endlessly run ads in print and on television. All the ads convey the message that you can save if you switch to their company. Is it even possible that every company can save you money?

Auto insurance companies are able to cherry pick for the type of customer that earns them the highest profit. For instance, a profitable risk profile might be between 30 and 50, has a clear driving record, and drives a safe vehicle. Someone that fits those parameters will get the preferred premium rates and will also cut their rates if they switch.

Consumers who do not meet the requirements will probably be forced to pay a higher rate and this can result in the driver buying from a lower-cost company. The ads state “people who switch” not “everyone that quotes” save that much. That’s the way companies can make claims that they all have the best prices. That is why you really need to compare rate quotes every year. Because without a comparison, you cannot know which company will have the lowest rate quotes.

Your situation helps dictate your coverage

When it comes to choosing coverage, there really is not a cookie cutter policy. Everyone’s situation is a little different.

For instance, these questions can aid in determining if your insurance needs would benefit from an agent’s advice.

  • Will I be non-renewed for getting a DUI or other conviction?
  • What is the difference between comprehensive and collision coverage?
  • Where can I find DUI or SR-22 insurance?
  • Are all vehicle passengers covered by medical payments coverage?
  • Do I need more liability coverage?
  • Can I make deliveries for my home business?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Are split liability limits better than a combined single limit?
  • Can my teen drive my company car?
  • Does coverage extend to my business vehicle?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form.

Auto insurance coverage options for a Ford Five Hundred

Learning about specific coverages of your auto insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist coverage – This provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision – This will pay to fix damage to your Five Hundred from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like hitting a mailbox, sideswiping another vehicle, crashing into a ditch, hitting a parking meter and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Comprehensive coverage – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as fire damage, theft, a broken windshield, hail damage and rock chips in glass. The highest amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability auto insurance – Liability insurance can cover injuries or damage you cause to a person or their property by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against claims like repair bills for other people’s vehicles, pain and suffering, repair costs for stationary objects, bail bonds and funeral expenses. How much liability should you purchase? That is a personal decision, but buy as much as you can afford.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP reimburse you for bills such as pain medications, dental work and EMT expenses. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

More choices the merrier

People switch companies for a number of reasons such as high prices, an unsatisfactory settlement offer, denial of a claim or delays in responding to claim requests. Regardless of your reason, finding a new company can be easier than you think.

We just presented many ideas to reduce 2013 Ford Five Hundred insurance car insurance rates online. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting affordable car insurance. Consumers may even find the lowest car insurance rates are with a company that doesn’t do a lot of advertising.

Budget-conscious 2013 Ford Five Hundred insurance can be purchased online and from local insurance agents, and you should be comparing both to have the best selection. Some insurance companies do not offer internet price quotes and most of the time these small insurance companies sell through independent agencies.

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