2011 Ford Fiesta Insurance Cost – 10 Tips for Cheaper Prices

Looking for better insurance coverage rates for your Ford Fiesta? Expensive insurance coverage can drain your personal savings and make it impossible to make ends meet. Shopping your coverage around is a smart way to reduce premiums and put more money in your pocket. Big-name insurance companies like Allstate, Liberty Mutual and State Farm constantly bombard you with ads and it can be hard to see past the geckos and flying pigs and do the work needed to find the best deal.

You need to do rate comparisons once or twice a year because insurance rates trend upward over time. Just because you had the lowest price on Fiesta coverage a couple years back there is a good chance you can find better rates now. Block out anything you think you know about insurance coverage because we’re going to demonstrate the right way to save money, get proper deductibles and limits, all at the lowest rate.

How to Compare Insurance Coverage

Cutting your insurance coverage rates is not a difficult process. Consumers just need to take time to get quotes from different insurance companies. This can be done in just a few minutes using one of these methods.

  1. The best way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This type of form saves time by eliminating separate quote forms for each company. A single form will get you rate comparisons from all major companies.
  2. A more time consuming way to find lower rates is spending the time to visit the website for each individual company to complete their respective quote request forms. For sake of this example, let’s say you want to compare rates from Farmers, Safeco and GEICO. You would have to take the time to go to each site and enter your policy data, and that’s why the first method is more popular. To view a list of companies in your area, click here.

However you get your quotes, make darn sure you compare exactly the same information for every company. If your comparisons have unequal deductibles or liability limits it will be next to impossible to determine the best price for your Ford Fiesta.

Advertising myths

Consumers constantly see and hear ads for cheaper car insurance from the likes of State Farm and Allstate. They all seem to make an identical promise about savings if you move your coverage to them.

How does each company claim to save you money? It’s all in the numbers.

All the different companies have a preferred profile for the driver that makes them money. An example of a desirable insured might be over the age of 50, a clean driving record, and drives less than 10,000 miles a year. Any driver who matches those parameters will get very good rates and therefore will save a lot of money.

Drivers who do not match this ideal profile must pay a more expensive rate and this can result in the customer not buying. The ads state “people who switch” not “everyone that quotes” save money. That’s the way companies can advertise the way they do.

This illustrates why it is so important to get as many quotes as possible. It’s just too difficult to predict which company will fit your personal profile best.

More discounts equal less premium

Insurance can be prohibitively expensive, but you may find discounts to help bring down the price. Larger premium reductions will be automatically applied when you quote, but a few must be inquired about prior to getting the savings. If you aren’t receiving every discount available, you are paying more than you should be.

  • Sign Online – Certain companies will give a small break for buying a policy and signing up online.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Use Seat Belts – Requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
  • Military Rewards – Having a family member in the military could be rewarded with lower premiums.
  • Multiple Cars – Insuring all your vehicles with the same company could earn a price break for each car.
  • Good Student Discount – Getting good grades can get you a discount of up to 25%. The good student discount can last up to age 25.
  • Resident Student – Children who live away from home and do not have a car may qualify for this discount.
  • New Car Discount – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
  • Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you could save 5% or more.
  • Life Insurance – Larger companies have better rates if you take out life insurance from them.

It’s important to note that most discount credits are not given to the overall cost of the policy. Most only cut the cost of specific coverages such as comprehensive or collision. Even though it may seem like you could get a free insurance coverage policy, companies don’t profit that way. But any discount will reduce the amount you have to pay.

To see a list of insurance companies offering insurance coverage discounts, click here.

It’s not one size fits all

When choosing the best car insurance coverage, there really is no perfect coverage plan. Every insured’s situation is different so this has to be addressed. For instance, these questions might point out whether or not you might need professional guidance.

  • Exactly who is provided coverage by my policy?
  • Is business equipment covered while in my vehicle?
  • I don’t drive much so do I pay less?
  • Can I afford low physical damage deductibles?
  • Why is insurance for a teen driver so high?
  • Do I have coverage when making deliveries for my home business?
  • Which companies will insure high-risk drivers?

If you can’t answer these questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Parts of your car insurance policy

Knowing the specifics of your car insurance policy can help you determine the best coverages and proper limits and deductibles. Car insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverages available from car insurance companies.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for expenses such as doctor visits, hospital visits, ambulance fees, X-ray expenses and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

This will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims like vandalism, damage from getting keyed and hitting a deer. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Ford Fiesta.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is a good idea. Usually these coverages are set the same as your liablity limits.

Collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as crashing into a ditch, damaging your car on a curb, sustaining damage from a pot hole, scraping a guard rail and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Auto liability insurance

This will cover damage that occurs to other’s property or people. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability 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 total limit of $100,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things like attorney fees, bail bonds, medical services, structural damage and funeral expenses. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Quote more, save more

When shopping online for insurance coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where someone sacrificed liability limits or collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The proper strategy is to purchase plenty of coverage at the best price, not the least amount of coverage.

In this article, we covered many tips how you can save on 2011 Ford Fiesta insurance. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest priced insurance coverage comes from a company that doesn’t do a lot of advertising. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like State Farm or Progressive.

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