2014 Ford Fusion Hybrid Insurance Rates – 7 Ways to Save

Searching for lower insurance rates for your Ford Fusion Hybrid? Did you fall for a flashy sales pitch and buy overpriced insurance? Believe me when I say you’re not the only one. Many insurers compete to insure your vehicles, so it’s not easy to compare every insurer to get the lowest cost out there.

You should make it a habit to compare prices every six months because insurance rates change quite often. Just because you found the lowest price on Fusion Hybrid coverage last year you will most likely find a better rate today. So just block out anything you think you know about insurance because you’re going to get a crash course in the easiest way to lower your annual insurance bill.

How to reduce 2014 Ford Fusion Hybrid insurance rates

Companies offering auto insurance don’t always list every available discount in an easy-to-find place, so the following is a list of both the well known and the harder-to-find discounts you could be receiving. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you up to age 25.
  • Safe Driver Discount – Safe drivers can pay as much as 50% less on Fusion Hybrid coverage than drivers with accidents.
  • Homeowners Discount – Simply owning a home may earn you a small savings because maintaining a house is proof that your finances are in order.
  • Memberships – Participating in a professional or civic organization may earn a discount on your policy on Fusion Hybrid coverage.
  • Paperless Signup – Some insurance companies will give a small break simply for signing online.
  • Military Discounts – Being on active duty in the military can result in better rates.
  • Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums on Fusion Hybrid coverage.

It’s important to understand that most discount credits are not given the the whole policy. The majority will only reduce individual premiums such as liability, collision or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

Companies that may offer these benefits are:

Before buying, ask all companies you are considering how you can save money. Savings may not be available in every state.

Tailor your coverage to you

When it comes to choosing proper insurance coverage for your vehicles, there really is no cookie cutter policy. Each situation is unique so your insurance needs to address that. These are some specific questions may help you determine whether you might need an agent’s assistance.

  • What is the difference between comprehensive and collision coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • Does my car insurance cover rental cars?
  • Do I need medical payments coverage since I have good health insurance?
  • Should I sign the liability waiver when renting a car?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What discounts do I qualify for?
  • Does insurance cover damages from a DUI accident?

If you’re not sure about those questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Do drivers who switch really save?

Consumers can’t get away from ads for car insurance savings by State Farm, Geico and Progressive. They all make the same claim of big savings after switching to their company.

How do they all make the same claim?

All companies have a preferred profile for the type of customer that makes them money. A good example of a preferred risk might be between 30 and 50, has no prior claims, and chooses high deductibles. A driver who meets those qualifications will get very good rates and is almost guaranteed to save a lot of money.

Potential insureds who don’t meet these standards will have to pay more money and this can result in business not being written. Company advertisements say “customers who switch” not “everybody who quotes” save money. That’s why insurance companies can make those claims. Because of the profiling, drivers should quote coverage with many companies. Because you never know which company will have the lowest Ford Fusion Hybrid insurance rates.

Coverage specifics

Understanding the coverages of your policy helps when choosing the best coverages and the correct deductibles and limits. Car insurance terms can be confusing and coverage can change by endorsement. Listed below are the normal coverages offered by car insurance companies.

Comprehensive or Other Than Collision – This covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things like rock chips in glass, damage from flooding, vandalism and damage from getting keyed. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Auto liability – This coverage provides protection from injuries or damage you cause to other’s property or people in an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims such as legal defense fees, loss of income, medical services and pain and suffering. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.

Collision coverage – This coverage covers damage to your Fusion Hybrid resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like hitting a mailbox, colliding with another moving vehicle, hitting a parking meter, scraping a guard rail and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

UM/UIM Coverage – Your UM/UIM 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 Fusion Hybrid.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Medical costs insurance – Coverage for medical payments and/or PIP kick in for immediate expenses for things like pain medications, rehabilitation expenses, X-ray expenses, hospital visits and doctor visits. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Be Smart and Buy Smart

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. In too many instances, an accident victim reduced liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. The ultimate goal is to get the best coverage possible for the lowest price.

Budget-conscious 2014 Ford Fusion Hybrid insurance can be sourced both online and also from your neighborhood agents, so you should be comparing quotes from both to get a complete price analysis. Some companies may not provide online quoting and many times these small, regional companies only sell through independent insurance agents.

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