How Much Does 2006 Ford Five Hundred Car Insurance Cost?

Searching for lower car insurance rates for your Ford Five Hundred? Feel like you’re a prisoner to high-priced car insurance? Trust us, you’re not the only one.

There are many insurance companies to purchase coverage from, and although it’s nice to have a selection, having more insurance companies makes it harder to find the best rates.

It’s smart to check car insurance prices yearly since rates change frequently. Even if you think you had the lowest rates for Five Hundred coverage a year ago you may be paying too much now. There is too much inaccurate information about car insurance on the web, but by reading this article, you’re going to learn a lot of great tips on how to quit paying high car insurance rates.

Locating more affordable insurance can be fairly easy. Essentially anyone who shops for insurance will most likely be able to lower their premiums. But consumers should learn how big insurance companies price insurance differently because it can help you find the best coverage.

Best discounts on Ford Five Hundred coverage

The cost of insuring your cars can be expensive, buy you may qualify for discounts that can drop the cost substantially. Some trigger automatically at quote time, but lesser-known reductions have to be manually applied prior to receiving the credit.

  • Driver Safety – Successfully completing a course in driver safety could save 5% or more depending on where you live.
  • Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums for Five Hundred coverage.
  • Student Driver Training – Require your teen driver to successfully complete driver’s ed class if offered at their school.
  • Auto/Life Discount – Larger companies have a break if you buy auto and life insurance together.
  • Own a Home – Being a homeowner may earn you a small savings due to the fact that maintaining a home demonstrates responsibility.
  • Organization Discounts – Being a member of a civic or occupational organization could trigger savings on insurance coverage for Five Hundred coverage.
  • No Accidents – Drivers with accident-free driving histories can earn big discounts compared to frequent claim filers.
  • Distant Student – Kids in college who are attending college and don’t have a car may qualify for this discount.
  • Good Student – This discount can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.

It’s important to note that some of the credits will not apply to the entire policy premium. Some only apply to individual premiums such as comprehensive or collision. So despite the fact that it appears you would end up receiving a 100% discount, you’re out of luck. Any qualifying discounts will bring down your overall premium however.

Companies that may have these discounts include:

Check with every prospective company how you can save money. All car insurance discounts may not apply everywhere.

Auto Insurance Prices

Performing a rate comparison is a ton of work if you aren’t aware of the easiest way. You could spend your day discussing policy coverages with insurance companies in your area, or you can utilize the internet to get pricing more quickly.

Many popular insurance companies are enrolled in a marketplace where prospective buyers submit their information once, and every company provides a quote based on that information. This eliminates the need for form submissions for each company. To compare 2006 Ford Five Hundred rates now click here (opens in new window).

The only downside to doing it this way is you cannot specify which insurance companies to receive prices from. So if you want to choose specific providers to compare, we have a page of the cheapest auto insurance companies in your area. View list of insurance companies.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples coverages and limits for every quote you compare. If you compare unequal deductibles or liability limits you will not be able to find the best deal for your Ford Five Hundred. Slightly different coverages can result in a big premium difference. Just remember that quoting more gives you a better chance of getting the best price.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there is no “best” method to buy coverage. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that might help in determining if you may require specific advice.

  • Does my insurance cover a custom paint job?
  • Should I have combined single limit or split liability limits?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is other people’s property covered if stolen from my vehicle?
  • Am I missing any policy discounts?
  • Do I really need UM/UIM coverage?
  • Am I covered if I crash into my own garage door?
  • Why do I need rental car insurance?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Car insurance specifics

Learning about specific coverages of a car insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on most car insurance policies.

Comprehensive coverage

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. 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 fire damage, hail damage, damage from flooding and a broken windshield. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability

Liability insurance will cover damage that occurs to other’s property or people that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see 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 property damage coverage for $100,000. Occasionally you may see one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like medical services, pain and suffering, medical expenses, attorney fees and funeral expenses. How much liability should you purchase? That is up to you, but consider buying as large an amount as possible.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like sustaining damage from a pot hole, backing into a parked car, rolling your car, damaging your car on a curb and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to bump up the deductible to save money on collision insurance.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like X-ray expenses, doctor visits and surgery. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

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. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Five Hundred.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Usually these coverages do not exceed the liability coverage limits.

Buy Smart and Save

Affordable 2006 Ford Five Hundred insurance can be purchased online and also from your neighborhood agents, and you need to comparison shop both in order to have the best price selection to choose from. A few companies may not provide the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

You just learned a lot of information how to get a better price on insurance. The key concept to understand is the more companies you get rates for, the better likelihood of reducing your rate. You may even discover the most savings is with a lesser-known regional company. These smaller insurers can often insure niche markets at a lower cost than the large multi-state companies such as State Farm and Allstate.

More tips and info about car insurance can be read by following these links: