Trying to find low-cost insurance for a new or used Ford Five Hundred could be an all-consuming task, but you can learn our car insurance buying tips to save time.
There are both good and bad ways to shop for car insurance and you need to know the absolute fastest way to compare rates for your Ford and locate the lowest price either online or from local insurance agents.
Consumers need to do rate comparisons yearly because prices fluctuate regularly. Just because you had the best rates for Five Hundred insurance a couple years back you can probably find a lower rate today. You’ll find quite a bit of inaccurate information about car insurance online, so with this article, you’re going to get some of the best ways to slash your car insurance rates.
If you have a policy now or need new coverage, you will benefit by learning to find better prices while maintaining coverages. Buying affordable coverage is not that difficult. Drivers just need to understand the most effective way to buy auto insurance online.
The price of auto insurance can be rather high, but companies offer discounts to help bring down the price. Certain discounts will be triggered automatically at the time of quoting, but lesser-known reductions have to be asked about before they will apply. If you’re not getting every credit you deserve, you are paying more than you should be.
Consumers should know that most credits do not apply to the entire cost. Some only reduce the cost of specific coverages such as comprehensive or collision. Even though it may seem like all those discounts means the company will pay you, companies wouldn’t make money that way. Any qualifying discounts will bring down the amount you have to pay.
For a list of insurers with the best auto insurance discounts, click here to view.
Performing a rate comparison is a ton of work if you don’t know the most efficient way to do it. You could waste time driving to insurance companies in your area, or you could save time and use the internet to achieve your goal.
Many companies participate in a marketplace where insurance shoppers submit their information once, and each company provides a quote based on that data. This prevents consumers from doing quotation requests for each company you want a rate for.
To submit your quote information now, click here to start a free quote.
The one disadvantage to using this type of system is buyers cannot specifically choose the insurers to get pricing from. If you prefer to choose specific insurance companies to request quotes from, we have a page of companies who write insurance in your area. Click to view list.
Whichever method you choose, be sure to compare exactly the same coverage information on every quote you get. If you have differing limits you will not be able to truly determine the lowest rate.
When it comes to choosing the best car insurance coverage, there really is no cookie cutter policy. Every insured’s situation is different.
For instance, these questions may help highlight if your situation might need professional guidance.
If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and may give you better protection.
Understanding the coverages of a auto insurance policy can help you determine the right coverages for your vehicles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.
Collision protection
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 coverage protects against things such as backing into a parked car, scraping a guard rail, sustaining damage from a pot hole and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.
Coverage for medical payments
Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like nursing services, EMT expenses, doctor visits and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage
Liability coverage
This provides protection from injuries or damage you cause to other’s property or people by causing an accident. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability coverage protects against claims such as pain and suffering, loss of income, repair bills for other people’s vehicles, repair costs for stationary objects and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.
Comprehensive coverages
Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like falling objects, vandalism, fire damage, a tree branch falling on your vehicle and damage from a tornado or hurricane. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Uninsured and underinsured coverage
This 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 2013 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 very important. Normally these limits do not exceed the liability coverage limits.
People who switch companies do it for a number of reasons such as questionable increases in premium, policy non-renewal, extreme rates for teen drivers and even an unsatisfactory settlement offer. Regardless of your reason, switching car insurance companies is actually quite simple.
When buying insurance coverage, you should never skimp on coverage in order to save money. In many cases, drivers have reduced liability limits or collision coverage only to regret they didn’t purchase enough coverage. Your strategy should be to buy enough coverage at the best price, not the least amount of coverage.
We just covered a lot of techniques to get a better price on 2013 Ford Five Hundred insurance. It’s most important to understand that the more rate quotes you have, the better your comparison will be. You may even find the lowest priced car insurance comes from the smaller companies.
Much more information about car insurance can be read at the links below