1995 Ford Five Hundred Insurance Rates – 7 Discounts for Best Quotes

Finding better insurance prices for your Ford Five Hundred can normally be a lot of work, but you can learn these tips to make it easier.

There are more efficient ways to shop for insurance coverage and we’ll show you the absolute fastest way to get price quotes for a Ford and find the lowest possible price from both online companies and local agents.

If you are insured now or are looking for a new policy, you can use these tips to reduce the price you pay and possibly find even better coverage. Buying affordable coverage is quite easy. Drivers only need to know the best way to find the lowest price online.

Discounts on Ford Five Hundred insurance

Insurance can cost an arm and a leg, but discounts can save money and there are some available that you may not know about. Certain discounts will be triggered automatically when you get a quote, but some must be asked for before being credited. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
  • Seat Belts Save – Drivers who require all occupants to use their safety belts could cut 10% or more off the personal injury premium cost.
  • Auto/Life Discount – Select insurance companies reward you with better rates if you take out auto and life insurance together.
  • Low Mileage – Driving fewer miles could be rewarded with discounted rates on garaged vehicles.
  • Homeowners Savings – Being a homeowner can help you save on insurance because owning a home requires personal responsibility.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you could save up to 5%.
  • Club Memberships – Affiliation with a civic or occupational organization may earn a discount on insurance for Five Hundred coverage.

It’s important to understand that most discounts do not apply to the entire cost. Most only reduce the price of certain insurance coverages like medical payments or collision. So even though they make it sound like it’s possible to get free car insurance, companies wouldn’t make money that way. But any discount will bring down the amount you have to pay.

Insurance companies that may offer some of the above discounts are:

Before buying, ask each insurance company what discounts are available to you. Savings might not be offered in your state.

Tailor your coverage to you

When choosing adequate coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is unique.

These are some specific questions might point out if you may require specific advice.

  • Which is better, split liability limits or combined limits?
  • I have a DUI can I still get coverage?
  • Do I have coverage when pulling a U-Haul trailer?
  • Does coverage extend to Mexico or Canada?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • How can I find cheaper teen driver insurance?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, complete this form. It’s fast, free and can help protect your family.

Auto insurance coverage breakdown

Understanding the coverages of a auto insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Collision coverages – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like sustaining damage from a pot hole, colliding with a tree and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Coverage for liability – Liability coverage provides protection from damage that occurs to people or other property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like medical services, repair bills for other people’s vehicles, loss of income, bail bonds and attorney fees. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Ford Five Hundred.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Usually these coverages are set the same as your liablity limits.

Comprehensive or Other Than Collision – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hail damage, damage from getting keyed, vandalism, theft and hitting a bird. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for ambulance fees, EMT expenses and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Feed the piggy bank

Cost effective 1995 Ford Five Hundred insurance is possible from both online companies and also from your neighborhood agents, so compare prices from both in order to have the best price selection to choose from. Some companies may not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

Drivers change insurance companies for a variety of reasons including not issuing a premium refund, extreme rates for teen drivers, questionable increases in premium and even policy non-renewal. No matter why you want to switch, switching companies is less work than it seems.

When shopping online for insurance coverage, it’s a bad idea to reduce needed coverages to save money. In many cases, an insured cut comprehensive coverage or liability limits and discovered at claim time that it was a big error on their part. Your aim should be to purchase a proper amount of coverage at the best price.

More information can be found at these links: