Cheaper 2003 Ford Five Hundred Insurance Cost

Searching for cheaper auto insurance rates? Consumers have a choice when looking for the best price on Ford Five Hundred insurance. You can either spend your time struggling with agents trying to get quotes or use the internet to compare rates. There is a better way to buy auto insurance so you’re going to learn the best way to quote coverages on a Ford and find the lowest possible price from local insurance agents and online providers.

The fastest way that we advise to compare car insurance company rates is to know the trick auto insurance companies actually pay money for the chance to compare rate quotes. To begin a comparison, all you need to do is provide a little information like if a SR-22 is required, what you do for a living, whether you have decent credit, and if the car is leased. Those rating factors is submitted instantly to insurance carriers in your area and they return rate quotes quickly.

To compare rates now, click here and enter your coverage details.

How do I know if I need professional advice?

When buying coverage for your personal vehicles, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For example, these questions might point out whether your personal situation would benefit from an agent’s advice.

  • Will my insurance pay for OEM parts?
  • Is a fancy paint job covered?
  • Is my camper covered by my car insurance policy?
  • Do I need PIP coverage since I have good health insurance?
  • Are all vehicle passengers covered by medical payments coverage?
  • Can I make deliveries for my home business?
  • When should I drop full coverage on my 2003 Ford Five Hundred?
  • Is upholstery damage covered by car insurance?
  • What can I do if my company denied a claim?
  • Why does it cost so much to insure a teen driver?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and may give you better protection.

Auto insurance policy coverages for a 2003 Ford Five Hundred

Having a good grasp of your auto insurance policy aids in choosing the best coverages and the correct deductibles and limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Ford Five Hundred.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Auto liability insurance

Liability insurance will cover damage that occurs to a person or their property in an accident. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability can pay for things like repair costs for stationary objects, medical services, pain and suffering and court costs. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for immediate expenses like doctor visits, EMT expenses, hospital visits and nursing services. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

Collision coverage

Collision insurance 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 coverage protects against claims such as colliding with a tree, crashing into a building, sustaining damage from a pot hole and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like theft, damage from a tornado or hurricane, damage from getting keyed, damage from flooding and fire damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.