2010 Ford Five Hundred Insurance Rates

Searching for the cheapest insurance for your Ford Five Hundred can normally be difficult, but you can follow the following methods to make it easier. There is a right way and a wrong way to compare insurance rates so we’re going to tell you the quickest way to price shop coverage on a Ford and find the best price possible.

If you have a current insurance coverage policy or need a new policy, you will benefit by learning to reduce the price you pay and still get good coverage. Pricing the lowest cost insurance coverage coverage can be fairly easy. Drivers only need an understanding of the proper methods to compare rates over the internet.

Automobile Insurance Quotes

Shopping for lower car insurance rates can be a daunting task if you don’t utilize the fastest way to get free quotes. You can waste hours discussing policy coverages with agents in your area, or you can utilize the web to get rates in a matter of minutes.

Most car insurance companies enroll in a system that allows shoppers to submit one quote, and each participating company can provide price quotes determined by their information. This saves time by eliminating quotation requests for each company you want a rate for.

To fill out one form to compare multiple rates now click to open in new window.

The only drawback to comparing rates this way is that you can’t choose the insurers to get quotes from. If you prefer to choose individual companies to compare, we put together a list of the cheapest car insurance companies in your area. Click here to view list.

It’s your choice how you get your quotes, but compare the exact same deductibles and coverage limits for each comparison quote. If the quotes have different values for each quote it will be very difficult to decipher which rate is best.

Is there truth in advertising?

Consumers constantly see and hear ads that promise big savings by State Farm and Allstate. All the ads have a common claim about savings if you switch to their company.

How does each company make the same claim?

All companies have a preferred profile for the type of driver they prefer to insure. For example, a profitable customer could possibly be between 30 and 50, has no prior claims, and drives less than 7,500 miles a year. A customer who fits that profile is entitled to the best price and therefore will pay quite a bit less when switching companies.

Potential insureds who are not a match for this ideal profile will be charged higher premiums which usually ends up with business going elsewhere. The ad wording is “people who switch” not “everyone that quotes” save money. That’s why insurance companies can claim big savings. That is why you need to get quotes from several different companies. You cannot predict which company will fit your personal profile best.

Are you getting all your discounts?

Companies offering auto insurance don’t list every available discount in an easy-to-find place, so we break down both well-publicized as well as the least known savings tricks you should be using. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • Sign Online – Certain companies give back up to $50 simply for signing on their website.
  • 55 and Retired – If you qualify as a senior citizen, you may be able to get a discount up to 10% on Five Hundred coverage.
  • Homeowners Savings – Being a homeowner can help you save on insurance coverage because owning a home demonstrates responsibility.
  • Good Student Discount – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Payment Discounts – If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.
  • Defensive Driver – Completing a course teaching defensive driving skills can save you 5% or more if you qualify.
  • Clubs and Organizations – Participating in certain professional organizations could qualify you for a break on insurance coverage on Five Hundred coverage.
  • One Accident Forgiven – Some insurance companies will allow you to have one accident without raising rates if you are claim-free for a certain period of time.

Consumers should know that most of the big mark downs will not be given to your bottom line cost. Some only apply to the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you can get free auto insurance, it doesn’t quite work that way.

For a list of insurers offering insurance coverage discounts, click here.

Tailor your coverage to you

When it comes to buying coverage for your vehicles, there is no perfect coverage plan. Every insured’s situation is different.

These are some specific questions might point out if your situation could use an agent’s help.

  • Should I carry comprehensive and collision coverage?
  • Am I covered if I break a side mirror?
  • Will my insurance pay for OEM parts?
  • Are split liability limits better than a combined single limit?
  • Is rental equipment covered for theft or damage?
  • How high should my uninsured/underinsured coverage be in my state?
  • Is pleasure use cheaper than using my 2010 Ford Five Hundred to commute?
  • Am I covered when driving someone else’s vehicle?
  • If my 2010 Ford Five Hundred is totaled, can I afford another vehicle?
  • Where can I get insurance after a DUI in my state?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form. It’s fast, free and you can get the answers you need.

Auto insurance coverages and their meanings

Having a good grasp of your policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement.

Comprehensive coverage

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as rock chips in glass, vandalism, damage from getting keyed, hail damage and a broken windshield. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability auto insurance

Liability coverage will cover damage that occurs to a person or their property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like structural damage, funeral expenses, repair costs for stationary objects, medical services and court costs. The amount of liability coverage you purchase is a personal decision, but consider buying as large an amount as possible.

Collision coverage protection

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like sideswiping another vehicle, damaging your car on a curb, backing into a parked car and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for immediate expenses like funeral costs, nursing services and rehabilitation expenses. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Ford Five Hundred.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Summing up your auto insurance search

When you buy insurance online, you should never reduce coverage to reduce premium. There have been many situations where drivers have reduced full coverage only to find out that they should have had better coverage. Your goal should be to buy a smart amount of coverage at a price you can afford while still protecting your assets.

People switch companies for a number of reasons such as delays in paying claims, being labeled a high risk driver, extreme rates for teen drivers and even an unsatisfactory settlement offer. It doesn’t matter why you want to switch finding a new company can be less work than you think.

Cheap 2010 Ford Five Hundred insurance is attainable both online and with local insurance agents, and you need to price shop both to have the best rate selection. Some companies do not offer the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

Much more information about auto insurance can be read on the following sites: