How Much Does 2014 Ford Five Hundred Insurance Cost?

No normal person anticipates paying for insurance coverage, particularly when they could find better rates elsewhere. You have so many insurance companies to buy insurance from, and although it’s a good thing to have a choice, more choices can make it harder to locate the cheapest rates.

Locating cheaper coverage is easy if you know what you’re doing. If you have a policy now or need a new policy, you will benefit by learning to cut your premiums while maintaining coverages. Drivers only need an understanding of the tricks to find the lowest price online.

The most recommended method to get rate comparisons is to know the fact car insurance companies participate in a system to quote your coverage. To start a quote, the only thing you need to do is provide a little information including how much school you completed, if it has an anti-theft system, the ages of drivers, and if a SR-22 is needed. Your insurance information is then submitted to many highly-rated insurers and you get price estimates with very little delay.

To find the cheapest 2014 Ford Five Hundred insurance rates, click here and find out if you can get cheaper insurance.

Save with with these discounts

Insuring your fleet can be pricey, but you can get discounts that can help lower your rates. A few discounts will automatically apply at the time of quoting, but a few must be manually applied before you get the savings.

  • Driver Safety – Taking part in a safe driver course could save 5% or more and easily pay for the cost of the class.
  • Accident Forgiveness Coverage – This one is not really a discount per se, but certain companies allow you one accident without raising rates as long as you don’t have any claims for a certain period of time.
  • Anti-lock Brakes – Cars that have anti-lock braking systems are safer to drive so you can save 10 percent or more.
  • Multi-policy Discount – If you can combine your auto and home policy with the same company you could save as much as 10 to 15 percent.
  • Safety Restraint Discount – Forcing all vehicle occupants to buckle their seat belts could cut 10% or more on medical payment and PIP coverage.
  • Accident-Free Discounts – Insureds who avoid accidents and claims are rewarded with significantly better rates on auto insurance quote when compared with policyholders that have many claims.
  • Membership in Organizations – Belonging to a qualifying organization can get you a small discount on car insurance.
  • Telematics Data Discounts – Drivers who agree to allow their car insurance company to look at driving manner by installing a telematics device like Allstate’s Drivewise could possibly reduce rates if they are good drivers.

Please keep in mind that most credits do not apply to your bottom line cost. Most only reduce specific coverage prices like collision or personal injury protection. So when it seems like all the discounts add up to a free policy, you aren’t that lucky. Any amount of discount will cut your premiums.

For a list of insurers with discount rates, follow this link.

Components of your Ford Five Hundred insurance prices

Many things are taken into consideration when you get a price on insurance. Some of the criteria are obvious like an MVR report, but others are more obscure such as whether you are married or your commute time.

  • A lcoverage lapse is a bad thing – Driving your car without having proper coverage is illegal and you may have a hard time finding new coverage because you let your insurance coverage expire. In addition to paying higher premiums, failure to provide proof of insurance could earn you a revoked license or a big fine. You will then be forced to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Keep insurance rates low by being claim-free – If you file a lot of claims you can definitely plan on higher rates. Companies generally give most affordable rates to insureds who only file infrequent claims. Auto insurance is intended for more catestrophic claims.
  • High coverage deductibles reduce premiums – Physical damage coverage, also called comprehensive and collision insurance, is used to repair damage to your Ford. Examples of covered claims could be colliding with a building, flood damage, and damage caused by flying debris. Comprehensive and collision coverage deductibles are how much you are required to pay before your insurance pays a claim. The higher the amount you’re willing to pay, the better rate you will receive on Five Hundred coverage.
  • Know your vehicle’s IIHS safety rating – Vehicles with good safety scores tend to have lower insurance rates. The safest vehicles have better occupant injury protection and better occupant protection translates into fewer and smaller insurance claims and cheaper rates on your policy.

Your situation helps dictate your coverage

When it comes to choosing coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s needs are different so your insurance needs to address that. These are some specific questions can aid in determining if you will benefit from professional help.

  • Where can I get insurance after a DUI in my state?
  • When should I remove comp and collision on my 2014 Ford Five Hundred?
  • What is the difference between comprehensive and collision coverage?
  • How much can I save by bundling my policies?
  • Do I need higher collision deductibles?
  • Do I have any recourse if my insurance company denies a claim?
  • Do I have coverage for damage caused while driving under the influence?
  • Are rental cars covered under my policy?
  • I have health insurance so do I need medical payments coverage?
  • Will filing a claim cost me more?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

Do drivers who switch really save?

Consumers can’t ignore all the ads that claim the best rates by Allstate, GEICO and Progressive. All the companies say the same thing about how much you will save if you switch your coverage.

How is it plausible that every one can have lower policy pricing? It’s all in the wording.

Insurance providers have specific characteristics for the driver that earns them the highest profit. For example, a profitable customer could possibly be between 25 and 40, has no prior claims, and insures a new vehicle. Any new insured that fits those parameters will most likely get cheap premium rates and most likely will save a lot of money.

Potential insureds who don’t meet these stringent criteria must pay higher rates which translates to the prospect going elsewhere. Company advertisements say “drivers that switch” but not “everyone who gets a quote” can get the lowest rates when switching. This is how insurance companies can confidently claim big savings.

This illustrates why drivers should compare as many free auto insurance quotes as you can. It is impossible to predict which insurance companies will give you the biggest savings.

Coverage specifics

Knowing the specifics of your auto insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. These are the normal coverages offered by auto insurance companies.

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

Collision insurance covers things like crashing into a building, colliding with a tree and rolling your car. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive auto insurance – This covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as theft, fire damage and hitting a deer. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance pay for immediate expenses such as hospital visits, surgery and X-ray expenses. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers – This provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Ford Five Hundred.

Since many drivers 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. Usually these limits are similar to your liability insurance amounts.

Auto liability – Liability insurance can cover damage or injury you incur to people or other property in an accident. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims such as medical expenses, structural damage, loss of income and medical services. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

Buy online or local, you save

Cheaper insurance can be sourced both online and from local insurance agents, so you need to shop auto insurance with both so you have a total pricing picture. Some insurance companies do not offer the ability to get a quote online and these smaller providers only sell coverage through independent agencies.

We just presented many tips how you can save on 2014 Ford Five Hundred insurance. The most important thing to understand is the more companies you get prices for, the better your chances of lowering your prices. Consumers may even find the lowest priced insurance comes from a smaller regional carrier. Smaller companies may only write in your state and offer lower prices compared to the large companies like State Farm or Progressive.

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