Are you tired of trying to scrape together enough money to pay your car insurance bill each month? Your situation is no different than many other drivers.
Companies like GEICO, Farmers Insurance and State Farm increase brand awareness with catchy ads and consumers find it hard to see past the geckos and flying pigs and find the best price available.
The cost of insuring your cars can be expensive, but there could be available discounts to help offset the cost. Certain discounts will be applied at the time you complete a quote, but a few must be asked about before you will receive the discount.
Drivers should understand that most discounts do not apply the the whole policy. Some only apply to the cost of specific coverages such as liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts will reduce the cost of coverage.
Insurance companies that may offer these money-saving discounts are:
Before buying, ask all companies you are considering which discounts they offer. All car insurance discounts may not be available in your area.
There are a lot of ways to compare car insurance quotes, but there is one way that is less time-consuming than others. You can spend your afternoon talking about coverages with agents in your area, or you can stay home and use online quotes to get prices fast.
Most car insurance companies participate in an industry program where prospective buyers only type in their quote data once, and each participating company then returns a price quote based on that data. This system prevents you from having to do form submissions to every company.
To use this form to compare 2004 Ford Five Hundred insurance rates click here (opens in new window).
The one disadvantage to getting quotes like this is you can’t choose the providers you will receive quotes from. So if you prefer to pick from a list of companies to compare, we have a page of companies who write car insurance in your area. Click here to view list.
Whichever method you choose, be sure to compare exactly the same coverage limits and deductibles for every quote you compare. If you have different deductibles you will not be able to make an equal comparison. Just a small difference in limits could mean much higher rates. It’s important to know that having more price comparisons will increase your chances of finding better pricing.
When buying the best car insurance coverage, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that may help you determine whether or not you may require specific advice.
If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area.
Learning about specific coverages of insurance can be of help when determining appropriate coverage for your vehicles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages found on the average insurance policy.
Auto liability insurance
Liability insurance provides protection from damages or injuries you inflict on other people or property that is your fault. This coverage protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Occasionally you may see a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage pays for things such as pain and suffering, loss of income, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.
This coverage will pay to fix damage to your Five Hundred caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as colliding with another moving vehicle, scraping a guard rail and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.
Comprehensive coverage (or Other than Collision)
This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims such as fire damage, falling objects, hitting a deer and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your 2004 Ford Five Hundred.
Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits do not exceed the liability coverage limits.
Insurance for medical payments
Coverage for medical payments and/or PIP pay for bills such as surgery, pain medications, hospital visits, chiropractic care and funeral costs. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
We just covered some good ideas how you can reduce 2004 Ford Five Hundred insurance prices online. The key thing to remember is the more you quote, the better your chances of lowering your rates. Drivers may discover the lowest priced auto insurance comes from a small mutual company. Some small companies often have lower prices on specific markets compared to the large companies like Progressive and GEICO.
Low-cost insurance is definitely available from both online companies as well as from independent agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies don’t offer online quoting and most of the time these small insurance companies sell through independent agents.
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