1998 Ford Escort Car Insurance Rates

Feel like you’re a prisoner to an underperforming, overpriced insurance policy? Trust us when we tell you you’re not alone. Big companies like Allstate, Liberty Mutual and State Farm persitently shower you with ad campaigns and it is challenging if not impossible to see through the deception and effectively compare rates to find the best deal.

Smart consumers take time to shop coverage around periodically due to the fact that insurance rates fluctuate regularly. Just because you found the lowest price on Escort insurance a couple years back you will most likely find a better rate today. Don’t believe everything you read about insurance online but by reading this article, you’re going to learn some proven techniques to stop overpaying for insurance.

Lots of discounts mean lots of savings

Companies do not advertise all available discounts very well, so here is a list both the well known and the harder-to-find auto insurance savings. If you don’t get every credit possible, you are throwing money away.

Anti-lock Brake System – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
Employee of Federal Government – Employees or retirees of the government can save as much as 8% on Escort insurance depending on your company.
Drivers Education – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.
Auto/Home Discount – If you have multiple policies with one company you could get a discount of at least 10% off all policies.
College Student – Youth drivers who attend school more than 100 miles from home without a vehicle on campus may qualify for this discount.
Safe Driver Discount – Insureds without accidents may save up to 50% more on Escort insurance than drivers with accidents.
No Claims – Drivers with accident-free driving histories pay much less compared to frequent claim filers.

It’s important to note that most credits do not apply to the entire cost. A few only apply to specific coverage prices like medical payments or collision. So when the math indicates all the discounts add up to a free policy, companies wouldn’t make money that way.

For a list of insurance companies with the best auto insurance discounts, follow this link.

Factors determining your Ford Escort insurance premium

It’s important that you understand the rating factors that go into determining the price you pay for insurance. Knowing what impacts premium levels enables informed choices that will entitle you to much lower annual insurance costs.

Poor credit can mean higher rates – Credit history is a huge factor in calculating your insurance rates. Therefore, if your credit is not that good, you could save money insuring your 1998 Ford Escort by spending a little time repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower credit scores.
Discounts for multiple policies – Many insurance companies will award you with lower prices to customers who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s in your best interest to comparison shop to make sure you are getting the best deal. You may still find a better deal by buying insurance from a different company.
A lapse in coverage is a bad thing – Letting your insurance expire will be a quick way to bump up your insurance costs. Not only will you pay more, failure to provide proof of insurance may earn you a revoked license or a big fine.You may need to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
Teen drivers pay high rates – Young drivers are statistically proven to get distracted easily when behind the wheel so insurance rates are higher. Older insureds are more responsible, tend to cause fewer accidents and are safer drivers.
Do you know your deductibles? – Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Ford. Some examples of claims that would be covered are a windshield shattered by a rock, collision with an animal, and windstorm damage. Deductibles for physical damage are how much you are required to spend in the event of a claim. The more expense the insured has to pay upfront, the less your company will charge you for insurance on Escort insurance.
Don’t sacrifice liability coverage – Liability coverage is the coverage that protects you in the event that you are found to be at fault for damages caused by your negligence. It will provide legal defense starting from day one. Liability is cheap when compared with rates for comp and collision, so buy as much as you can afford.
More miles equals more premium – Driving more miles in a year the higher your rate. Almost all companies rate vehicles based on how the vehicle is used. Autos left parked in the garage can get a lower rate compared to those used for work or business. Make sure your insurance coverage properly reflects the proper vehicle usage, because it can save money. If your policy improperly rates your Escort may be wasting your money.
Small claims can cost you – If you are a frequent claim filer, you can pretty much guarantee either policy cancellation or increased premiums. Auto insurance companies provide discounts to insureds who do not file claims often. Your insurance policy is intended for the large, substantial claims.

Situations that might require an agent

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there really is no one size fits all plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions could help you determine whether your personal situation will benefit from professional help.

Is my vehicle covered by my employer’s policy when using it for work?
Is business property covered if stolen from my car?
Will filing a claim cost me more?
What vehicles should carry emergency assistance coverage?
I have health insurance so do I need medical payments coverage?
Will my insurance pay for OEM parts?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Auto insurance coverage information

Knowing the specifics of auto insurance can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy. Listed below are typical coverages found on most auto insurance policies.

Coverage for collisions

This coverage pays for damage to your Escort resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as crashing into a ditch, crashing into a building and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also bump up the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

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

Comprehensive can pay for things such as damage from getting keyed, a tree branch falling on your vehicle, a broken windshield and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

UM/UIM Coverage

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Ford Escort.

Due to the fact that many drivers carry very low liability coverage limits, 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.

Liability

Liability coverage protects you from damage or injury you incur to people or other property that is your fault. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims like funeral expenses, court costs, repair bills for other people’s vehicles, bail bonds and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Medical costs insurance

Med pay and PIP coverage pay for bills for things like hospital visits, pain medications, doctor visits and nursing services. The coverages can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

In the end, you save

Low-cost 1998 Ford Escort insurance can be sourced online in addition to many insurance agents, and you need to comparison shop both to have the best rate selection. A few companies do not provide you the ability to get quotes online and these small insurance companies work with independent agents.

When buying insurance coverage, never buy poor coverage just to save money. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits and learned later they didn’t purchase enough coverage. The proper strategy is to buy a smart amount of coverage at an affordable rate while still protecting your assets.