View 1998 Ford Five Hundred Insurance Quotes

Sick and tired of paying out the nose to buy car insurance? You’re in the same situation as millions of other consumers.

Many auto insurance companies compete for your business, and it can be difficult to compare rates to discover the definitive best rate

It’s a great practice to compare prices quite often because prices fluctuate regularly. Just because you had the best price for Five Hundred coverage a few years ago you may be paying too much now. You’ll find quite a bit of inaccurate information about insurance online, so with this article, you’re going to get a bunch of ideas how to stop overpaying for insurance.

If you are paying for car insurance now, you will most likely be able to save some money using these tips. Finding affordable coverage is not that difficult. But drivers must learn the way insurance companies market insurance on the web and use this information to your advantage.

Ford Five Hundred insurance rates consist of many parts

It’s important that you understand the rating factors that go into determining the price you pay for insurance coverage. When you know what positively or negatively impacts premium levels helps enable you to make changes that may reward you with much lower annual insurance costs.

  • Careful drivers pay lower rates – Just one ticket can increase rates by twenty percent. Good drivers receive lower rates than bad drivers. Drivers who have serious citations such as DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
  • Adjust deductibles and save – Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your Ford from damage. Some examples of claims that would be covered are a windshield shattered by a rock, collision with an animal, or theft. Your deductibles are the amount of money you are required to spend in the event of a claim. The more money the insured has to pay upfront, the less your company will charge you for insurance for Five Hundred coverage.
  • Better crash test results mean better rates – Safer cars get lower rates. Safer cars protect occupants better and lower injury rates translates into savings for insurance companies and more competitive rates for policyholders. If the Ford Five Hundred has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • You might want pay the small claims yourself – If you tend to file frequent claims, you can look forward to either policy cancellation or increased premiums. Insurance companies award discounts to policyholders who file claims infrequently. Your insurance policy is intended for larger claims.
  • Poor credit can mean higher rates – A driver’s credit rating is a important factor in determining what you pay for insurance coverage. Drivers with high credit ratings tend to file fewer claims and have better driving records than drivers with poor credit. Therefore, if your credit rating can use some improvement, you could pay less to insure your 1998 Ford Five Hundred by repairing your credit.

Compare Car Insurance Today

There are several ways of comparing rate quotes from car insurance companies in your area. The easiest way by far to find competitive 1998 Ford Five Hundred insurance rates consists of shopping online. This is very easy and can be done in several different ways.

  1. One of the best ways to get the best comparison quotes is to use a rate comparison form (click to open form in new window). This type of form eliminates the need for repetitive form entry for each company. Filling out one form will get you price quotes from many national carriers.
  2. A different way to get comparison quotes requires a visit to each company website and request a quote. For examples sake, we’ll pretend you want rates from GEICO, Allstate and American Family. You would have to spend time on each company’s site to input your insurance information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but double check that you are using apples-to-apples information for every company. If each company quotes higher or lower deductibles you can’t possibly truly determine the lowest rate. Having just a slight variation in coverages may result in large price differences. Just keep in mind that having more price comparisons helps you find the best rates.

Discounts on Ford Five Hundred insurance

The cost of insuring your cars can be expensive, but there are discounts available to cut the cost considerably. Some discounts apply automatically when you complete an application, but some may not be applied and must be asked about in order for you to get them.

  • Discounts for Safe Drivers – Drivers who avoid accidents can pay as much as 50% less for Five Hundred coverage than drivers with accident claims.
  • Anti-theft Discount – Anti-theft and alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Defensive Driving Course – Taking part in a course in driver safety can save you 5% or more depending on where you live.
  • Low Mileage Discounts – Keeping the miles down on your Ford could be rewarded with discounted rates on garaged vehicles.
  • Accident Free – Drivers with accident-free driving histories pay much less when compared with bad drivers.

It’s important to note that most discount credits are not given to all coverage premiums. Most only apply to individual premiums such as comp or med pay. So when it seems like it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will reduce your overall premium however.

Companies who might offer these money-saving discounts may include but are not limited to:

Before buying, ask all companies you are considering what discounts are available to you. Some discounts might not be offered in your state.

Tailor your coverage to you

When it comes to choosing the best auto insurance coverage, there isn’t really a one size fits all plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that may help highlight whether you may require specific advice.

  • Am I covered when driving in Canada or Mexico?
  • Where can I get insurance after a DUI in my state?
  • Do I need more liability coverage?
  • Are my friends covered when driving my 1998 Ford Five Hundred?
  • Should I get collision insurance on every vehicle?
  • When should I remove comp and collision on my 1998 Ford Five Hundred?
  • Is my Ford Five Hundred covered if I use it for business?
  • Is business property covered if stolen from my car?
  • What is roadside assistance coverage?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Insurance coverage specifics

Understanding the coverages of your insurance policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and coverage can change by endorsement. Below you’ll find the normal coverages found on most insurance policies.

Comprehensive (Other than Collision)

Comprehensive insurance covers 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 like falling objects, rock chips in glass, damage from flooding and hitting a deer. The highest amount your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Ford Five Hundred.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability car insurance

This provides protection from injuries or damage you cause to other people or property that is your fault. This insurance protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as repair bills for other people’s vehicles, legal defense fees, repair costs for stationary objects and pain and suffering. How much coverage you buy is up to you, but buy as much as you can afford.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as dental work, chiropractic care and X-ray expenses. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Collision coverage

Collision coverage will pay to fix damage to your Five Hundred resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like backing into a parked car, colliding with a tree and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Knowledge is power

Lower-priced 1998 Ford Five Hundred insurance is attainable from both online companies in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who do not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

We just showed you many ideas to reduce insurance prices online. The key thing to remember is the more rate quotes you have, the better likelihood of reducing your rate. Consumers could even find that the most savings is with a smaller regional carrier. Smaller companies may cover specific market segments cheaper than the large multi-state companies such as Progressive or GEICO.

To learn more, take a look at the articles below: