Have you had enough of not being able to afford to insure your Ford every month? You are in the same boat as the majority of other car owners. Multiple insurers compete for your insurance dollar, and because of this it can be hard to compare car insurance companies and get the best coverage at the lowest rate
Insuring your fleet can be pricey, but discounts can save money and there are some available that many people don’t even know exist. Certain discounts will be triggered automatically when you quote, but some may not be applied and must be manually applied before you will receive the discount. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.
A little note about advertised discounts, most discount credits are not given to the entire cost. A few only apply to specific coverage prices like medical payments or collision. Just because you may think it’s possible to get free car insurance, you’re out of luck. Any amount of discount will cut the cost of coverage.
For a list of insurers with discount insurance coverage rates, follow this link.
Cutting your car insurance rates can be relatively painless. You just have to invest a little time comparing rate quotes from different insurance companies. This can be accomplished in just a few minutes using one of these methods.
Which method you use is up to you, but make sure you use identical coverage information on every quote. If you use different limits and deductibles on each one it will be next to impossible to determine the best price for your Ford Five Hundred.
An important part of buying insurance is that you know some of the elements that help determine the rates you pay for auto insurance. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to lower auto insurance prices.
The following are a partial list of the pieces auto insurance companies consider when setting prices.
When it comes to buying the best insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that For example, these questions might point out whether you may require specific advice.
If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can provide invaluable advice.
Consumers get pounded daily by advertisements for cheaper car insurance by State Farm, GEICO and Progressive. They all say the same thing that you’ll save big after switching to their company.
How can each company claim to save you money? This is how they do it.
All companies have a preferred profile for the type of driver that makes them money. For example, a profitable customer might be between the ages of 40 and 55, has no driving citations, and drives less than 10,000 miles a year. A customer who matches those parameters will get very good rates and therefore will cut their rates substantially.
Consumers who fall outside this ideal profile will be quoted more money which usually ends up with the customer not buying. Company advertisements say “customers that switch” not “people who quote” save that much. That is how companies can truthfully make those claims.
This emphasizes why you should get a wide range of price quotes. It’s just too difficult to predict which insurance companies will give you the biggest savings on Ford Five Hundred insurance.
Understanding the coverages of a car insurance policy can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Shown next are the normal coverages offered by car insurance companies.
Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like rehabilitation expenses, pain medications, ambulance fees, hospital visits and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Liability coverage protects you from damage or injury you incur to other people or property that is your fault. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage pays for claims like repair costs for stationary objects, funeral expenses, bail bonds, attorney fees and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.
This pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for things such as hitting a deer, damage from getting keyed, damage from a tornado or hurricane, a broken windshield and a tree branch falling on your vehicle. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like hitting a parking meter, sustaining damage from a pot hole, driving through your garage door and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.
This protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Ford Five Hundred.
Since many drivers have only the minimum liability required by law, 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. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.
We just presented a lot of techniques to shop for 1993 Ford Five Hundred insurance online. The most important thing to understand is the more you quote, the better your comparison will be. You may even find the lowest premiums are with a small local company. Regional companies may often insure only within specific states and give getter rates than their larger competitors like Allstate or State Farm.
While you’re price shopping online, it’s a bad idea to buy poor coverage just to save money. In many cases, an insured cut physical damage coverage and learned later that the few dollars in savings costed them thousands. The aim is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.
Even more information is available by following these links: