Trying to find lower auto insurance rates? Buyers have many options when searching for affordable Ford Escape insurance. They can either waste time struggling with agents to get rate comparisons or utilize the internet to make rate comparisons.
There are more efficient ways to compare auto insurance rates so we’re going to tell you the best way to compare rates for a new or used Ford and obtain the best price possible from both online companies and local agents.
It’s a good habit to do price comparisons once or twice a year because rates are adjusted regularly by insurance companies. Just because you found the best deal for Escape coverage a year ago other companies may now be cheaper. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to the easiest way to reduce your cost while improving coverage.
There are multiple methods to compare insurance prices but some are less time-consuming than others. You can spend your afternoon talking about coverages with agents in your area, or you can utilize the internet to achieve your goal.
Many popular insurance companies participate in an industry program where prospective buyers complete one form, and each participating company provides a quote based on that data. This prevents consumers from doing quote requests to each company.
To submit your quote information now, click here (opens in new window).
The only downside to using this type of system is you are unable to specify which insurance companies you will receive quotes from. If you would rather choose from a list of companies to compare, we have a page of companies who write insurance in your area. Click here for list of insurance companies.
Whichever way you choose to compare rates, ensure you are comparing apples-to-apples coverage limits and deductibles for every company. If you use different data it’s impossible to determine the lowest rate for your Ford Escape.
Some providers don’t always list their entire list of discounts very clearly, so we took the time to find some of the more common and also the lesser-known discounts that you may qualify for.
Consumers should know that most credits do not apply to the entire policy premium. The majority will only reduce individual premiums such as liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, you won’t be that lucky.
A few of the larger companies and a summarized list of policyholder discounts include:
If you are trying to find cheap car insurance quotes, ask every insurance company what discounts are available to you. Some discounts listed above might not be offered on policies in your area.
When buying adequate coverage for your personal vehicles, there really is not a cookie cutter policy. Each situation is unique.
For example, these questions might help in determining whether your personal situation would benefit from professional advice.
If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form. It only takes a few minutes and you can get the answers you need.
Understanding the coverages of a auto insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like rehabilitation expenses, doctor visits, nursing services and surgery. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. PIP is not an option in every state and may carry a deductible
Collision coverage – This coverage covers damage to your Escape resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.
Collision insurance covers things such as driving through your garage door, sustaining damage from a pot hole, colliding with a tree and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Ford Escape.
Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Liability insurance – Liability coverage will cover damage that occurs to other people or property in an accident. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit with no separate limits for injury or property damage.
Liability can pay for claims like emergency aid, repair bills for other people’s vehicles, bail bonds, legal defense fees and structural damage. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.
Comprehensive (Other than Collision) – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like hitting a deer, vandalism, fire damage and theft. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.