How Much Does 2014 Ford Escape Car Insurance Cost?

Trying to find cheaper car insurance rates for your Ford Escape? Nobody that owns a car gets a kick out of paying for car insurance, especially knowing it costs too dang much. There are many car insurance companies to insure vehicles with, and although it’s nice to have a choice, having more auto insurance companies makes it harder to find the lowest rates.

Low cost insurance coverage quotes

Getting a low cost price on 2014 Ford Escape insurance is actually quite simple. Drivers just need to spend a few minutes comparing free insurance quotes to find the company with the cheapest insurance quotes. It’s really simple and can be done in a couple of different ways.

  1. The single most time-saving way to find low rates is to use a rate comparison form (click to open form in new window). This type of form saves time by eliminating separate forms for every prospective company. One form submission will return quotes from all major companies.
  2. A more difficult way to obtain and compare quotes online is to take the time to go to the website of each company to complete their respective quote request forms. For examples sake, we’ll pretend you need rates from State Farm, Farmers and GEICO. To get each rate you have to spend time going to each site individually to enter the same coverage data repeatedly, which is why the first method is more popular. To view a list of companies in your area, click here.

Whichever way you use, try to use the same deductibles and coverage limits for every quote you compare. If you enter differing limits it will be next to impossible to make a fair rate comparison.

Discounts for cheap insurance quotes

Car insurance can cost a lot, but you may find discounts that can drop the cost substantially. Some discounts apply automatically at quote time, but a few need to be asked about before you will receive the discount.

  • New Car Discount – Buying a new car model may earn a small discount due to better safety requirements for new model year vehicles.
  • Organization Discounts – Being in a professional or civic organization may earn a discount on your bill.
  • More Vehicles More Savings – Buying insurance for primary and secondary vehicles with the same company qualifies for this discount.
  • 55 and Retired – Drivers over the age of 55 may qualify for a discount up to 10% for Escape insurance.
  • Student in College – Children who live away from home at college and leave their car at home may be able to be covered for less.
  • Accident Forgiveness Coverage – This isn’t a discount exactly, but companies like Progressive and Allstate will let one accident slide without getting socked with a rate hike if your claims history is clear before the accident.
  • Discount for Home Ownership – Just being a homeowner may earn you a small savings since home ownership requires a higher level of personal finance.

While discounts sound great, it’s important to understand that many deductions do not apply the the whole policy. Some only apply to specific coverage prices like medical payments or collision. So when the math indicates it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

A few popular companies and some of the premium reductions they offer can be found below.

  • American Family has discounts for accident-free, defensive driver, good driver, Steer into Savings, and good student.
  • Nationwide includes discounts for business or organization, multi-policy, defensive driving, easy pay, and accident-free.
  • MetLife policyholders can earn discounts including accident-free, good student, good driver, defensive driver, multi-policy, and claim-free.
  • 21st Century may include discounts for automatic seat belts, defensive driver, 55 and older, anti-lock brakes, air bags, student driver, and theft prevention.
  • Farmers Insurance discounts include switch companies, distant student, teen driver, electronic funds transfer, and homeowner.
  • Allstate has savings for premier discount, early signing, passive restraint, FullPay discount, 55 and retired, and premier plus.

When quoting, ask all companies you are considering how many discounts you can get. Some discounts may not apply to policyholders in your state. If you would like to choose from a list of insurers with significant discounts, click here.

You may need specialized insurance coverage

When it comes to choosing adequate coverage, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions can help discover if you might need an agent’s assistance.

  • Is my trailer covered?
  • Is my teen driver covered when they drive my company car?
  • How can I force my company to pay a claim?
  • Do I need rental car coverage?
  • Do I need replacement cost coverage on my 2014 Ford Escape?
  • Are my friends covered when driving my car?

If you can’t answer these questions 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 companies in your area. It is quick, free and you can get the answers you need.

Five factors that impact insurance costs

Many factors are part of the calculation when you quote your car insurance policy. Most are fairly basic such as your driving record, but some are less obvious like your continuous coverage or how financially stable you are.A large part of saving on insurance is knowing some of the things that aid in calculating your insurance rates. If you understand what positively or negatively impacts your premiums, this allows you to make educated decisions that may result in much lower annual insurance costs.

The items below are some of the major factors insurance companies consider when setting prices.

  • Employer reflects on prices – Careers like real estate brokerspolice officers and miners tend to pay the highest average rates attributed to intense work-related stress and lengthy work days. On the flip side, occupations like professors, historians and the unemployed generally pay rates lower than average for Escape insurance.
  • Insurance companies don’t like frequent insurance claims – If you file claims often, you can look forward to either higher rates or even cancellation. Auto insurance companies give better rates to drivers who are not frequent claim filers. Your car insurance is designed for larger claims.
  • Urban areas may pay more – Residing in less populated areas is a good thing when buying insurance. Less people living in that area means fewer accidents in addition to lower liability claims City drivers regularly have congested traffic and longer commute times. The longer drive time means more chances of being involved in an auto accident.
  • Liability coverage limits should be high – Your insurance policy’s liability coverage kicks in when you are found liable for causing personal injury or damage in an accident. Your liability coverage provides for a legal defense starting from day one. Liability is cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
  • Getting married is a good thing – Your spouse may cut your premiums on your policy. Having a spouse may mean you are less irresponsible and insurance companies like that drivers who are married file infrequent claims.

Buyer beware of insurance advertising tricks

Drivers can’t avoid all the ads that claim the best premium rates from companies such as Allstate and Progressive. They all have a common claim about how much you will save if you move your coverage to them.

But how can every company make almost identical claims? It’s all in the numbers.

Insurance companies have specific criteria for the type of insured that makes them money. An example of a profitable risk profile might have to be between the ages of 30 and 45, has other policies, and has a high credit rating. Any person who fits that profile will get the preferred prices and will probably save quite a bit of money when switching.

Drivers who cannot meet these criteria may be forced to pay higher premium rates which translates to the customer buying from someone else. The trick is to say “people who switch” but not “all drivers who get quotes” can save as much as they claim. That is how insurance companies can confidently claim big savings.

That is why you should get insurance quotes as often as possible. You cannot predict which company will give you lower premium rates than your current company.

Coverage specifics

Having a good grasp of your policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most insurance policies.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like backing into a parked car, rolling your car, sustaining damage from a pot hole and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Comprehensive auto coverage – Comprehensive insurance covers 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 claims like hitting a deer, vandalism, fire damage and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance pay for expenses like nursing services, funeral costs and doctor visits. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability coverages – Liability insurance can cover damage that occurs to a person or their property in an accident. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 that means you have 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. Some companies may use one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like attorney fees, loss of income, structural damage, medical services and bail bonds. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your Ford Escape.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally these limits are set the same as your liablity limits.

Quote often and quote early

More affordable insurance is available both online and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies do not offer price quotes online and these regional carriers prefer to sell through local independent agents.

When you buy insurance online, make sure you don’t buy less coverage just to save a little money. There have been many situations where an accident victim reduced liability limits or collision coverage only to discover later they didn’t purchase enough coverage. Your strategy should be to purchase plenty of coverage at an affordable rate, but do not sacrifice coverage to save money.

Additional insurance information is available on the following sites: