Cheap 1995 Ford Five Hundred Insurance Rates

Trying to find the cheapest car insurance rates for your Ford Five Hundred? Are you burned out from not being able to afford to insure your Ford every month? You are no different than millions of other drivers. Lots of car insurance companies contend for your hard-earned dollar, so it can be very hard to choose a insurance company to find the absolute best rate

Smart consumers take time to get comparison quotes occasionally because car insurance prices tend to go up over time. Even if you think you had the best price for Five Hundred insurance six months ago a different company probably has better rate quotes today. You can search a lot of car insurance on the web, but I’m going to show you the easiest ways to find affordable car insurance.

Affordable car insurance quotes with discounts

Properly insuring your vehicles can get expensive, but you can get discounts that can help lower your rates. Many of these discounts will be applied automatically when you get a quote, but some may not be applied and must be manually applied before they will apply.

• Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class in school or through a local driver safety program.
• College Student Discount – Older children who attend college more than 100 miles from home and won’t have access to an insured vehicle may be able to be covered for less.
• Life Insurance Discount – Select insurance companies reward you with lower car insurancerates if you buy life insurance.
• Safety Course Discount – Taking a safe driver course could earn you a small percentage discount and also improve your driving technique.
• Home Ownership Discount – Owning a house may earn you a small savings since owning and maintaining a home requires personal responsibility.
• Braking Control Discount – Cars and trucks with ABS braking systems or traction control can stop better under adverse conditions so you can save 10 percent or more.
• No Claim Discounts – Drivers with accident-free driving histories are rewarded with significantly better rates on car insurance quote when compared to insureds who have frequent claims or accidents.
• Telematics Data Discounts – People who choose to allow data collection to monitor driving habits by using a telematics device such as Progressive’s Snapshot may get a rate reduction if they show good driving skills.

Drivers should understand that many deductions do not apply to your bottom line cost. The majority will only reduce individual premiums such as collision or personal injury protection. So even though you would think you would end up receiving a 100% discount, it doesn’t quite work that way.

If you would like to see a list of car insurance companies who offer cheap car insurance quotes, click here to view.

Insurance rates are influenced by these factors

Multiple criteria are part of the calculation when premium rates are determined. Some are pretty understandable like a motor vehicle report, but other criteria are less apparent such as your marital status or how financially stable you are.

• Cautious drivers pay better premiums – Having a clean driving record influences premium rates substantially. Good drivers have lower premiums as compared to careless drivers. Only having one citation can bump up the cost by twenty percent. Drivers who get license-revoking citations such as reckless driving, hit and run or driving under the influence may need to maintain a SR-22 to the state department of motor vehicles in order to legally drive.
• No policy lapses saves money – Not having insurance can get your license suspended and any future policy may cost more because you let your insurance coverage expire. And not only will insurance be more expensive, getting caught without coverage may earn you fines or a revoked license.
• Use credit responsibly and save – Having a good credit score is a large factor in calculating your auto insurance rates. Drivers with high credit scores tend to file fewer claims and have better driving records than those with poor credit. Therefore, if your credit history leaves room for improvement, you could potentially save money when insuring your 1995 Ford Five Hundred if you clean up your credit.
• Cheaper auto insurance rates using theft deterrents – Purchasing a vehicle with advanced anti-theft systems can help lower your premiums. Anti-theft devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent auto theft and help lower rates.
• Your vocation can affect rates – Did you know your career choice can influence rates? Careers like military personnel, social workers and miners usually pay higher average rates due to intense work requirements and incredibly demanding work hours. On the flip side, careers such as scientists, historians and the unemployed receive lower rates for Five Hundred insurance.
• Your gender affects costs – Statistics demonstrate females are less aggressive when driving. It does not mean men are worse drivers. Women and men cause at-fault accidents at about the same rate, but the men have accidents that have higher claims. Not only that, but men also receive more costly citations like DWI (DUI) or reckless driving. Males from age 16 to 21 are most likely to cause an accident and therefore have the most expensive auto insurance rates.

Tailor your insurance coverage to you

When choosing proper insurance coverage, there is no one size fits all plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining if you might need an agent’s assistance.

• Am I covered if I break a side mirror?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Can my teen driver be rated on a liability-only vehicle?
• Where can I get insurance after a DUI in my state?
• Do I need PIP (personal injury protection) coverage in my state?

If you’re not sure about those questions then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.

Beware of misleading auto insurance ads

Consumers constantly see and hear ads for the lowest price auto insurance from companies such as Progressive, Allstate and Geico. They all say the same thing that you can save if you change your policy.

But how can every company offer you a better deal? Just pay attention to how they say it.

Companies have a certain “appetite” for the driver that will be a good risk. A good example of a preferred risk might have to be over age 30, has never had a policy lapse, and drives a vehicle with a low ISO rating. Any person that fits those parameters is entitled to the best price and will most likely save when switching.

Drivers who are not a match for these standards will get a more expensive rate and this can result in the customer buying from someone else. The ads say “customers that switch” not “everyone that quotes” save the amount stated. That’s why insurance companies can make claims like that.

Because every company is different, you should compare quotes as often as possible. Because without a comparison, you cannot know which company will have the best premium rates for your profile.

Insurance policy specifics

Understanding the coverages of insurance helps when choosing the right coverages and proper limits and deductibles. Insurance terms can be impossible to understand and coverage can change by endorsement. Listed below are typical coverage types offered by insurance companies.

Liability auto insurance

This coverage protects you from damages or injuries you inflict on other people or property by causing an accident. It protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers things such as medical expenses, bail bonds and medical services. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverages

This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like hitting a bird, vandalism, hail damage and rock chips in glass. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision protection

This coverage pays for damage to your Five Hundred caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as hitting a parking meter, hitting a mailbox and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

This gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your 1995 Ford Five Hundred.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages do not exceed the liability coverage limits.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for bills like funeral costs, dental work, ambulance fees, X-ray expenses and prosthetic devices. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Smart consumers save more

Low-cost 1995 Ford Five Hundred insurance can be sourced on the web in addition to local insurance agencies, so get free car insurance quotes from both of them in order to have the best chance of saving money. Some insurance companies do not provide the ability to get a quote online and most of the time these regional carriers provide coverage only through independent agents.

When shopping online for auto insurance, make sure you don’t buy poor coverage just to save money. There have been many cases where an insured dropped collision coverage and learned later that they should have had better coverage. Your goal is to buy a smart amount of coverage at the lowest possible cost and still be able to protect your assets.

We just showed you quite a bit of information on how to shop for 1995 Ford Five Hundred insurance online. The key thing to remember is the more providers you compare, the better chance you’ll have of finding the cheapest car insurance. You may be surprised to find that the most savings is with a small local company. Regional companies may have significantly lower premium rates on certain market segments compared to the large companies like State Farm or Progressive.

To read more, take a look at the articles below:

• State Car Insurance Guides (Geico)
• Auto Insurance Basics (Insurance Information Insitute)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Smart Auto Insurance Tips (Insurance Information Insitute)