Save on 2009 Ford Five Hundred Car Insurance Quotes

Searching for lower insurance coverage rates for your Ford Five Hundred? Locating low-cost insurance for a new or used Ford Five Hundred could be a painful process, but you can follow a few tricks and make it easy.

There is a right way and a wrong way to buy insurance coverage so you’re going to learn the proper way to compare rates for a new or used Ford and locate the best price possible.

Consumers need to check insurance coverage prices once or twice a year since rates trend upward over time. Even if you got the lowest price for Five Hundred insurance on your last policy the chances are good that you can find a lower rate today. You can find a lot of misleading information regarding insurance coverage online but we’re going to give you the easiest ways to stop overpaying for insurance.

Comprehensive Car Insurance Comparison

Performing a rate comparison can be exhausting if you aren’t aware of the best way to get rate quotes. You could waste a few hours driving to insurance companies in your area, or you could save time and use the web to get pricing more quickly.

Most of the larger companies belong to an insurance system where prospective buyers complete one form, and every company then gives them pricing based on the submitted data. This eliminates the need for quotation requests to each company.

To access this free quoting program, click here (opens in new window).

The single downside to doing it this way is you can’t choose the insurers you want pricing from. So if you prefer to choose from a list of companies for rate comparison, we put together a list of low cost car insurance companies in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just compare apples-to-apples quote information for each comparison quote. If you use different values for each quote then you won’t be able to truly determine the lowest rate.

Pieces of the Ford Five Hundred insurance rate puzzle

Smart consumers have a good feel for the different types of things that help determine your car insurance rates. When you know what positively or negatively influences your rates helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Where you live is a factor – Residing in less populated areas is a positive aspect when talking about car insurance. Lower population means reduced accidents and also fewer theft and vandalism claims. City drivers have more traffic problems and much longer commute distances. More time commuting can result in more accidents.
  • Safer cars cost less to insure – Vehicles with high crash test scores get lower rates. Safer cars protect occupants better and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If your Ford earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Discounts for married couples – Having a spouse actually saves money on your policy. Having a spouse is viewed as being more mature than a single person and it’s statistically proven that drivers who are married are more cautious.
  • Bump up deductibles to save – Physical damage deductibles represent how much money you are required to spend before your car insurance pays a claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some examples of claims that would be covered would be colliding with a building, damage caused by hail, or theft. The more money the insured has to pay upfront, the less your car insurance will be for Five Hundred insurance.
  • Older drivers pay less – More mature drivers are more cautious drivers, tend to cause fewer accidents and get fewer tickets. Teen drivers are statistically proven to be careless and easily distracted when driving therefore car insurance rates are much higher.

Companies offer discounts so take them!

Insuring your vehicles can cost a lot, but there are discounts available to cut the cost considerably. A few discounts will automatically apply at the time of quoting, but some must be asked for prior to receiving the credit. If they aren’t giving you every credit available, you are paying more than you should be.

  • Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and qualify for as much as a 10% discount.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • One Accident Forgiven – Some insurance companies permit an accident before your rates go up as long as you don’t have any claims for a certain period of time.
  • Good Student Discount – Getting good grades can save 20 to 25%. The good student discount can last well after school through age 25.
  • Accident Free – Drivers who don’t have accidents can earn big discounts as compared to bad drivers.
  • Multiple Policy Discount – If you insure your home and vehicles with the same company you may save up to 20% off your total premium.
  • Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.
  • Use Seat Belts – Requiring all passengers to wear their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Discounts for Safe Drivers – Drivers who avoid accidents may save up to 50% more for Five Hundred insurance than drivers with accidents.
  • Multiple Cars – Having all your vehicles on the same car insurance policy may reduce the rate for each vehicle.

Consumers should know that most credits do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like all the discounts add up to a free policy, car insurance companies aren’t that generous. But all discounts will help reduce your premiums.

Insurance companies that possibly offer these money-saving discounts are:

Double check with each company how you can save money. Savings might not apply everywhere.

Do I just need basic coverages?

When it comes to buying adequate coverage for your vehicles, there really is no one size fits all plan. Every insured’s situation is different.

These are some specific questions might point out whether or not you would benefit from an agent’s advice.

  • When does my teenage driver need to be added to my policy?
  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered if I hit a deer?
  • What is the rate difference between pleasure use and commuting?
  • Is my dog or cat covered if injured in an accident?
  • Does my insurance cover my expensive audio equipment?
  • Am I covered when pulling a rental trailer?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It only takes a few minutes and you can get the answers you need.

Auto insurance coverages and their meanings

Learning about specific coverages of your policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Collision coverage – This pays for damage to your Five Hundred from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as damaging your car on a curb, rolling your car and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Comprehensive auto coverage – This coverage covers damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as damage from flooding, damage from getting keyed, falling objects, hitting a bird and hail damage. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like hospital visits, nursing services, chiropractic care, ambulance fees and dental work. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Liability coverage – Liability insurance will cover damage or injury you incur to other’s property or people by causing an accident. It protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like structural damage, repair bills for other people’s vehicles, legal defense fees, pain and suffering and court costs. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Ford Five Hundred.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Normally the UM/UIM limits are similar to your liability insurance amounts.

Shop smart and save

When you buy insurance online, you should never skimp on critical coverages to save a buck or two. In many cases, an insured cut collision coverage and discovered at claim time they didn’t have enough coverage. Your focus should be to find the BEST coverage at the best price while not skimping on critical coverages.

We’ve covered many ideas to save on 2009 Ford Five Hundred insurance. The key concept to understand is the more quotes you get, the better chance you’ll have of finding lower rates. You may even discover the best price on car insurance is with a small mutual company.

People who switch companies do it for a variety of reasons including extreme rates for teen drivers, lack of trust in their agent, poor customer service or even policy cancellation. It doesn’t matter why you want to switch choosing a new company can be less work than you think.

Even more information can be read at these sites: