Lower Your 2016 Ford Five Hundred Car Insurance Quotes

Sick and tired of paying out the nose each month for car insurance? You are no different than the majority of other car owners.

Insurance companies such as Progressive, GEICO and Farmers Insurance all claim big savings, bombarding you with catchy ads and it can be hard to ignore the promise of big savings and find the best price available.

If you currently have car insurance, you will most likely be able to save some money using these techniques. Choosing the best insurance company for you is quite easy. Nevertheless, drivers must learn how insurance companies market insurance on the web and apply this information to your search.

How much can you save with discounts?

Auto insurance companies do not advertise all their discounts in a way that’s easy to find, so the following is a list of some of the more common as well as the least known discounts you could be receiving.

  • Paperwork-free – Certain companies will give a small break for buying a policy and signing up online.
  • Save over 55 – If you qualify as a senior citizen, you may receive better insurance rates for Five Hundred coverage.
  • Early Switch Discount – A few companies offer discounts for switching policies prior to your current policy expiring. It’s a savings of about 10%.
  • Federal Employees – Active or retired federal employment can save as much as 8% for Five Hundred coverage with certain companies.
  • Bundle and Save – If you insure your home and vehicles with one insurance company you may earn up to 20% off your total premium.
  • Lower Rates for Military – Having a family member in the military could be rewarded with lower premiums.
  • Theft Prevention System – Anti-theft and alarm systems help deter theft and earn discounts up to 10%.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could save 15% off your medical payments premium.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy qualifies for this discount.

Drivers should understand that most discount credits are not given to all coverage premiums. Most cut specific coverage prices like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, insurance companies aren’t that generous.

Car insurance companies that may offer these money-saving discounts are:

Double check with each insurance company which discounts they offer. Some discounts may not be available in your state.

Ford Five Hundred insurance rates can be determined by these details

Consumers need to have an understanding of some of the elements that go into determining the rates you pay for insurance coverage. When you know what positively or negatively impacts premium levels helps enable you to make changes that will entitle you to lower insurance coverage prices.

Listed below are some of the items that factor into prices.

  • Don’t sacrifice liability coverage – Your policy’s liability coverage is the protection when a court rules you are at fault for damages caused by your negligence. Liability provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should carry high limits.
  • Higher deductibles cost less – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Ford. A few examples of covered claims could be colliding with a building, vandalism, or theft. Physical damage deductibles are how much you are willing to pay out-of-pocket before your insurance coverage pays a claim. The higher the amount you have to pay, the less your company will charge you for insurance for Five Hundred coverage.
  • Tickets mean higher rates – A bad driving record impacts your car insurance rates tremendously. Even one moving violation can boost insurance rates by twenty percent. Careful drivers receive lower rates than their less careful counterparts. If you have dangerous violations like reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 form with their state DMV in order to prevent a license revocation.
  • You might want pay the small claims yourself – Companies generally give better rates to drivers who are claim-free. If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Insurance coverage is designed for larger claims.

How much car insurance do I need?

When it comes to choosing the right insurance coverage, there really is not a perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that might point out if your situation could use an agent’s help.

  • Does insurance cover damages from a DUI accident?
  • What is the ISO rating for a 2016 Ford Five Hundred?
  • Am I covered if hit by an uninsured driver?
  • How much liability coverage do I need in my state?
  • When does my teenage driver need to be added to my policy?
  • Does my car insurance cover rental cars?
  • What is PIP insurance?

If it’s difficult to answer those questions, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area.

Insurance coverage specifics

Understanding the coverages of insurance can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. Below you’ll find the normal coverages offered by insurance companies.

Liability coverages

This coverage provides protection from damages or injuries you inflict on people or other property that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against things such as loss of income, repair bills for other people’s vehicles, medical services, funeral expenses and pain and suffering. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Comprehensive coverage (or Other than Collision)

This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as falling objects, vandalism, theft and damage from getting keyed. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for bills for pain medications, doctor visits and X-ray expenses. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Ford Five Hundred.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Collision coverage

Collision coverage pays for damage to your Five Hundred resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims like hitting a parking meter, colliding with another moving vehicle, rolling your car, sideswiping another vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Have the Midas touch

Cheap 2016 Ford Five Hundred insurance can be purchased from both online companies and with local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. There are still a few companies who do not offer online price quotes and most of the time these regional insurance providers sell through independent agents.

In this article, we covered a lot of techniques to compare insurance prices online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. Drivers may discover the best price on insurance is with a smaller regional carrier. They may often insure only within specific states and give getter rates compared to the large companies like Progressive or GEICO.

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