2016 Ford Five Hundred Insurance Quotes

Locating lower priced auto insurance over the internet can be difficult for consumers that are not comfortable with quoting and comparing and buying auto insurance on the web. Since there are so many companies in the marketplace, how are we expected to efficiently compare them all to find the cheapest rates?

How to find low cost car insurance

To find low cost car insurance quotes, there are several ways of comparing rate quotes from companies that offer car insurance in your state. By far the easiest way to comparison shop involves getting comparison quotes online. This is quite simple and can be completed by using one of the methods below.

  1. The first (and easiest) way to find low rates would be an industry-wide quote request form click to view form in new window. This easy form saves time by eliminating multiple quote forms for each company. Completing one form compares rates from multiple low-cost companies. It’s the fastest way to compare.
  2. Another way to find lower rates is spending the time to visit each individual company website and fill out their own quote form. For examples sake, let’s say you need rates from State Farm, Liberty Mutual and Farmers. You would have to go to every website and punch in your information repeatedly, which is not fast way to get rate quotes. To view a list of companies in your area, click here.

It’s up to you which method you use, but ensure you are comparing the same coverage limits on every price quote you get. If the quotes have mixed coverages then you won’t be able to determine which rate is truly the best. Even a minor difference in coverage limits may result in a large different in cost. Keep in mind that comparing a large number of companies gives you a better chance of getting a better price.

Slick advertising tricks that work

Well-known insurance coverage companies like Allstate and Progressive continually stream television and radio advertisements. All the companies advertise claims that people will save just by switching your insurance coverage policy to them. How does every insurance coverage company charge you less for car insurance? Here is the trick they use.

Companies are able to cherry pick for the right customer that will not have excessive claims. A good example of a profitable customer could be over the age of 50, insures multiple vehicles, and insures a new vehicle. Anybody that meets those criteria may get the lowest rates and will save quite a bit of money when switching.

Potential customers who don’t qualify for these criteria may be forced to pay higher premiums which translates to the customer buying from a different company. The wording the ads use say “drivers that switch” not “all people who quote” save that much money. This is how companies can truthfully advertise the savings.

Because of these techniques, it is so important to compare quotes as often as possible. It’s just too difficult to predict the company that will have the best premium rates for your profile.

Don’t overlook these car insurance discounts

Insuring your vehicles can cost a lot, but you may qualify for discounts to help bring down the price. Some of these disounts will be visible when you quote, but occassionally some discounts must be inquired about prior to getting the savings. If they aren’t giving you every credit you qualify for, you may be paying too high a price.

  • Early Payment Discounts – If you pay your entire premium ahead of time rather than spreading payments over time you could save 5% or more.
  • Organization Discounts – Affiliation with qualifying employment or professional organizations is a good way to get lower rates when getting a car insurance quote.
  • Air Bag Discount – Vehicles equipped with air bags can receive discounts up to 30%.
  • Driving Data Discount – Policyholders that allow their insurance company to monitor driving patterns by using a telematics device like Allstate’s Drivewise could see a rate decrease if they exhibit good driving behavior.
  • Anti-theft System – Cars and trucks with anti-theft systems prevent vehicle theft so companies will give you a small discount.
  • Low Mileage – Low mileage vehicles can qualify you for substantially lower car insurancerates.
  • Distant Student Discount – Children who attend college more than 100 miles from home without a vehicle on campus may qualify for this discount.

Discounts lower rates, but most discount credits are not given to the entire policy premium. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you could get a free car insurance policy, you won’t be that lucky.

A list of companies and their possible discounts include:

  • AAA has discounts for anti-theft, pay-in-full, multi-car, education and occupation, good driver, and AAA membership discount.
  • Progressive has savings for good student, continuous coverage, online quote discount, homeowner, multi-vehicle, multi-policy, and online signing.
  • State Farm may offer discounts for safe vehicle, good student, driver’s education, accident-free, multiple policy, anti-theft, and Steer Clear safe driver discount.
  • Esurance includes discounts for anti-theft, renters, Pac-12 alumni, online shopper, claim free, defensive driver, and emergency road assistance.
  • Nationwide policyholders can earn discounts including defensive driving, good student, easy pay, anti-theft, business or organization, accident-free, and Farm Bureau membership.

If you are trying to find inexpensive car insurance quotes, ask every prospective company what discounts are available to you. Savings might not be available to policyholders in your area. To choose providers with discount car insurance rates, click here.

When to get professional advice

When it comes to buying adequate coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out whether or not you would benefit from professional advice.

  • Do I need to file an SR-22 for a DUI in my state?
  • Will my insurance pay for OEM parts?
  • When should I not file a claim?
  • Does my insurance cover a custom paint job?
  • Am I covered if I wreck a rental car?
  • Can I afford low physical damage deductibles?
  • Exactly who is provided coverage by my policy?
  • What should my uninsured motorist coverage limits be in my state?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form.

Specific coverages for a Ford Five Hundred

Learning about specific coverages of your auto insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Liability car insurance – This coverage can cover damages or injuries you inflict on other people or property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Another option is a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims such as funeral expenses, structural damage, repair bills for other people’s vehicles, emergency aid and court costs. The amount of liability coverage you purchase is a personal decision, but consider buying as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Normally these limits are identical to your policy’s liability coverage.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for bills such as dental work, nursing services, surgery, X-ray expenses and chiropractic care. They are used to fill the gap from your health insurance policy or if you do not have health coverage. They cover you and your occupants as well as 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

Collision – Collision insurance will pay to fix damage to your Five Hundred resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as rolling your car, hitting a mailbox, scraping a guard rail, sustaining damage from a pot hole and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision) – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. 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 falling objects, fire damage, damage from a tornado or hurricane and hitting a deer. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Shop smart and save

Low-cost 2016 Ford Five Hundred insurance can be bought both online and also from your neighborhood agents, and you need to comparison shop both so you have a total pricing picture. Some insurance companies may not provide the ability to get quotes online and these smaller providers sell through independent agents.

When searching for cheaper car insurance quotes, it’s not a good idea to reduce needed coverages to save money. There are too many instances where an insured dropped full coverage to discover at claim time that the savings was not a smart move. The ultimate goal is to buy the best coverage you can find for the lowest price, but do not skimp to save money.

We covered many ideas to shop for 2016 Ford Five Hundred insurance online. The key concept to understand is the more quotes you get, the better your comparison will be. You may be surprised to find that the most savings is with a small mutual company.

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