Cheaper 1994 Ford Five Hundred Insurance Rates

Looking for better auto insurance rates for your Ford Five Hundred? Shopping for the lowest price auto insurance on the internet is challenging for comparison shopping over the internet. With so many online companies available, how are vehicle owners expected to be able to compare every possible option in order to find the lowest rates?

It’s important to do rate comparisons before your policy renews because prices are variable and change quite frequently. Despite the fact that you may have had the best rate for Five Hundred coverage a few years ago there may be better deals available now. Ignore everything you know about auto insurance because you’re about to learn how to use the internet to find great coverage at a great price.

Cheap auto insurance

To find cheap prices, there are a couple of ways to obtain and compare prices from many auto insurance companies in your state. The quickest method to do a complete rate comparison involves getting comparison quotes online. This is very easy and can be done using a couple different methods.

1. The most efficient way to get the best comparison quotes is to use a rate comparison form (click to open form in new window). This type of form keeps you from doing boring form submissions for each company. One form gets prices estimates from multiple low-cost companies. It’s definitely the quickest method.
2. A more difficult way to shop for auto insurance online is spending the time to visit each individual company website and go through the quote process again. For sake of this example, we’ll assume you want to compare prices for Farmers, Safeco and Allstate. You would have to visit each site to enter the same coverage data repeatedly, and that explains why we recommend the first method. For a list of links to insurance companies in your area, click here.

The approach you take is up to you, just do your best to use the exact same coverage information for each comparison quote. If you have different limits and deductibles on each one it will be nearly impossible to find the best deal for your Ford Five Hundred. Slightly different coverages could mean much higher rates. And when comparing auto insurance rates, know that having more price comparisons gives you a better chance of getting the best rates.

What insurance coverages do I need?

When buying the best car insurance coverage, there is no one size fits all plan. Everyone’s situation is unique.

For instance, these questions might help in determining if your insurance needs would benefit from professional advice.

• Are my tools covered if they get stolen from my vehicle?
• Am I covered if I crash into my own garage door?
• Is business equipment covered while in my vehicle?
• Do I need replacement cost coverage on my 1994 Ford Five Hundred?
• Is my teenager covered with friends in the car?
• How high should my medical payments coverage be?
• Do I need added coverage for expensive stereo equipment?
• How many claims can I have before being cancelled?
• Should I have combined single limit or split liability limits?
• Is there coverage for injuries to my pets?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Insurance coverage considerations

Having a good grasp of insurance can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Liability insurance

This can cover damage or injury you incur to other people or property that is your fault. This insurance protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Occasionally you may see one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as attorney fees, emergency aid, court costs, repair costs for stationary objects and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive or Other Than Collision

This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, damage from flooding, theft and falling objects. The highest amount a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 1994 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. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are identical to your policy’s liability coverage.

Coverage for collisions

This pays to fix your vehicle from damage from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims like scraping a guard rail, colliding with a tree, backing into a parked car, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also increase the deductible to get cheaper collision coverage.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for bills like doctor visits, nursing services, funeral costs, surgery and rehabilitation expenses. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage