Searching for the cheapest auto insurance rates for your Ford Escape? Are you sick and tired of scraping the payment together to buy car insurance? You are in the same boat as the majority of other car owners. Drivers have multiple insurance companies to choose from, and although it’s nice to have multiple companies, having more insurance companies makes it harder to find the best rates.
It’s a good habit to do rate comparisons once or twice a year because insurance rates change quite often. If you had the lowest price for Escape coverage last year other companies may now be cheaper. Forget all the misinformation about auto insurance because you’re about to find out the quickest way to find great coverage at a great price.
The purpose of this article is to help educate you on how to effectively get price quotes and some money-saving tips. If you currently have a car insurance policy, you will be able to cut costs considerably using these methods. Vehicle owners just need to learn the tricks to get comparison quotes online.
Finding lower car insurance rates can be relatively painless. Drivers just need to take a few minutes comparing rate quotes provided by online insurance companies. This can be done in a couple of different ways.
It’s up to you which method you use, but ensure you are comparing exactly the same coverages and limits with every price quote. If the quotes have differing limits it’s not possible to truly determine the lowest rate.
Consumers need to have an understanding of the different types of things that help determine car insurance rates. Having a good understanding of what determines base rates enables informed choices that can help you get big savings.
The following are some of the factors car insurance companies consider when setting your rates.
Properly insuring your vehicles can get expensive, but there are discounts available to cut the cost considerably. Most are applied when you quote, but some must be inquired about before they will apply. If you aren’t receiving every discount you deserve, you’re paying more than you need to.
Consumers should know that most credits do not apply the the whole policy. Most only apply to specific coverage prices like collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, it doesn’t quite work that way. But all discounts will bring down your premiums.
A partial list of companies that may have some of the above discounts include:
Before buying, ask each insurance company how you can save money. Discounts might not apply in every state.
When choosing adequate coverage for your personal vehicles, there really is no perfect coverage plan. Every situation is different so this has to be addressed. For example, these questions can help discover whether or not you could use an agent’s help.
If you’re not sure about those questions but one or more may apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, free and may give you better protection.
Understanding the coverages of a car insurance policy helps when choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. These are the normal coverages offered by car insurance companies.
Collision insurance pays for damage to your Escape from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things like scraping a guard rail, colliding with a tree and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.
Liability coverage protects you from damages or injuries you inflict on other’s property or people in an accident. This insurance protects YOU from legal claims by others, 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. You commonly see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.
Liability insurance covers things such as emergency aid, funeral expenses and bail bonds. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.
Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like a broken windshield, vandalism and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Medical payments and Personal Injury Protection insurance provide coverage for expenses like prosthetic devices, surgery and rehabilitation expenses. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover you and your occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible
This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Ford Escape.
Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
We just showed you many ways to compare 2013 Ford Escape insurance prices online. It’s most important to understand that the more companies you get rates for, the better your comparison will be. You may even find the best prices are with an unexpected company. Smaller companies may only write in your state and offer lower rates compared to the large companies like Allstate, Geico and Progressive.
As you restructure your insurance plan, you should never sacrifice coverage to reduce premiums. There have been many cases where an insured cut physical damage coverage only to discover later that they should have had better coverage. The aim is to purchase a proper amount of coverage at the best price while still protecting your assets.
Even more information can be found at these sites: