Cheaper 2002 Ford Five Hundred Insurance Rates

If you’re looking for cheaper insurance on the web, are you confused by the wide range of insurance coverage choices? There are so many choices to choose from that it can turn into hard work to locate the lowest prices.

Cheap auto insurance quotes online

Many insurance companies such as State Farm, GEICO and Progressive allow you to get coverage prices on their websites. This process doesn’t take a lot of time because it’s just a matter of typing in your coverage preferences as detailed in the form. When the form is submitted, their quoting system automatically orders your driving and credit reports and returns a price quote.

Online price quotes streamlines rate comparisons, but having to visit several different sites and fill out multiple forms is a big time waster. But it’s very important to have as many quotes as possible in order to find the best price on auto insurance.

An easier way to get multiple rate quotes utilizes a single form to return rates from a bunch of companies at once. The form is fast, requires much less work on your part, and makes online price comparison much more enjoyable. After sending your information, it is quoted and you can choose your choice of the quotes returned.

If you find a better price you simply finish the application and purchase the new policy. The entire process takes 15 minutes at the most and could lower your rates considerably.

To find out how much you can save on auto insurance, click here and fill out the form. If you have coverage now, it’s recommended that you enter the insurance coverages exactly as they are listed on your policy. This makes sure you’re receiving a price comparison using the same coverage and limits.

Discounts for cheap auto insurance rates

Car insurance companies don’t necessarily list their entire list of discounts in a way that’s easy to find, so we researched both well-publicized and also the lesser-known savings tricks you should be using when you buy car insurance online.

  • Theft Deterent System – Cars and trucks equipped with tracking devices and advanced anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Early Payment Discounts – If you can afford to pay the entire bill as opposed to paying monthly you can actually save on your bill.
  • More Vehicles More Savings – Insuring more than one vehicle on one policy may reduce the rate for each vehicle.
  • Club Memberships – Belonging to a professional or civic organization could qualify you for a break on your next renewal.
  • Sign Early and Save – A few auto insurance companies give discounts for renewing your policy early. You can save around 10% with this discount.
  • Accident Forgiveness – Not a discount per se, but a handful of insurance companies will turn a blind eye to one accident before your rates go up so long as you haven’t had any claims for a particular time prior to the accident.

Keep in mind that most discounts do not apply the the whole policy. The majority will only reduce the cost of specific coverages such as liability and collision coverage. So even though you would think having all the discounts means you get insurance for free, it doesn’t quite work that way.

To view providers with discount auto insurance rates, click here to view.

Tailor your insurance coverage to you

When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Each situation is unique.

For instance, these questions may help you determine if your situation would benefit from an agent’s advice.

  • What is medical payments coverage?
  • I have a DUI can I still get coverage?
  • Am I covered if I hit a deer?
  • When do I need to add a new car to my policy?
  • Should I buy only the required minimum liability coverage?
  • Is my trailer covered?
  • Why am I required to buy liability insurance?
  • Do I need rental car coverage?
  • Are rock chip repairs covered?
  • I don’t drive much so do I pay less?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Quote Ford Five Hundred insurance for less

Lots of factors are used when you get a price on insurance. Most are fairly basic like a motor vehicle report, although others are more obscure like where you live or how financially stable you are.

  • Tickets hurt – Good drivers have lower premiums as compared to those with violations. Even one chargable violation can increase the cost of insurance twenty percent or more. Drivers who have gotten severe citations such as hit and run, DWI or reckless driving convictions might be required by their state to complete a SR-22 with their state in order to legally drive a vehicle.
  • Occupation and insurance rates – Did you know that where you work can have an impact on rates? Occupations like judges, executives and accountants have higher rates than average due to job stress and lengthy work days. Other professions such as scientists, historians and performers have lower than average premiums for Five Hundred insurance.
  • Good credit scores equal low premiums – An insured’s credit score is likely to be a major factor in determining your rates. Drivers who have very high credit ratings tend to be more responsible and file fewer claims than those with lower ratings. If your credit history is low, you could be paying less to insure your 2002 Ford Five Hundred by improving your credit score.
  • Alarms and GPS tracking lower car insurance rates – Buying a car with advanced anti-theft systems can help bring down rates. Systems that thwart theives such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping car theft and help bring rates down.
  • Raise your coverage deductibles for better prices – Physical damage deductibles tell how much you are required to pay if a claim is determined to be covered. Physical damage insurance, aka comp and collision, is used to repair damage to your car. Some examples of covered claims would be a windshield broken by a bird, damage from fire, and having a roll-over accident. The more expense you pay before a claim is paid (deductible), the better rate you will receive for Five Hundred insurance.

Drivers who switch save $466 a year? Really?

Respected companies like State Farm, GEICO and Progressive consistently run ads in print and on television. They all seem to seem to make the promise that drivers can save some big amount just by moving your coverage. How does every insurance company claim to save you money? This is the trick they use.

All companies have a preferred profile for the right customer that earns them the most money. One example of a driver they prefer may be over the age of 40, is a homeowner, and has a short commute. Anybody that matches those criteria receives the best premium rates and will save if they switch.

Insureds who may not quite match this stringent profile will get more expensive rates and this results in business not being written. If you listen closely, the ads state “customers that switch” not “everyone that quotes” save that much. This is how insurance companies can confidently make claims that they all have the best premium rates.

This really drives home the point why it’s extremely important to compare price quotes frequently. It’s not possible to predict which insurance companies will have the best car insurance rates.

Car insurance policy coverages for a Ford Five Hundred

Understanding the coverages of your car insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Car insurance terms can be impossible to understand and coverage can change by endorsement.

Collision insurance

This coverage pays for damage to your Five Hundred caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as rolling your car, colliding with another moving vehicle and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for things like hospital visits, prosthetic devices and funeral costs. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability auto insurance

Liability coverage will cover damage that occurs to a person or their property. It protects you against other people’s claims, 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 liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for claims like emergency aid, loss of income, pain and suffering, structural damage and bail bonds. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive or Other Than Collision

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

Comprehensive coverage pays for things like fire damage, theft, damage from flooding and damage from getting keyed. The most your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and also any damage incurred to your Ford Five Hundred.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Do the work, save more money

When shopping online for auto insurance, it’s not a good idea to skimp on critical coverages to save a buck or two. In many instances, an accident victim reduced full coverage and found out when filing a claim that it was a big error on their part. The ultimate goal is to get the best coverage possible for the lowest price but still have enough coverage for asset protection.

Lower-priced 2002 Ford Five Hundred insurance is available on the web and with local insurance agents, and you should be comparing both to have the best selection. Some companies may not offer the ability to get quotes online and most of the time these regional insurance providers only sell coverage through independent agencies.

Consumers leave their current company for a variety of reasons including high rates after DUI convictions, questionable increases in premium, not issuing a premium refund and unfair underwriting practices. Regardless of your reason for switching companies, choosing a new insurance company is pretty easy and you might even save some money in the process.

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Comments About 2002 Ford Five Hundred Insurance

  1. Allie Myers

    Does Iowa require liability coverage?

  2. Ammie David

    I think I’m paying too much. I live just to the west of Portland, ME. Quoted a bunch of companies. Saved right around $30 a month. 21st Century was the most affordable for me. Liability only on my Ford.

  3. Helen Patrick

    All companies are crooks. I’m in the suburbs of Gulfport, MS. I don’t recall every quote but I ended up saving about $30 each month. Was with Allstate. LOL I dropped full coverage awhile back.

  4. Joshua Kramer

    Anyone know if Progressive does SR-22s?

  5. Karry Holloway

    I can’t pay high rates. Proud to be from San Diego, CA. Got car insurance prices from AAA, Nationwide, and some smaller one I can’t remember the name of for my Five Hundred and saved just over $80 a year. Even increased coverage a bit. I recommend comparing lots of rates.

  6. Arnulfo Guy

    I found pretty cheap rate quotes for a 2002 Ford Five Hundred in Denver, CO. Ended up at right around $100 every six months with Auto-Owners. Have a couple speeding tickets too. Online quotes are the way to go. Only insure liability on my Five Hundred.

  7. Olga Downs

    I live just outside Boston, Massachusetts. Quoted prices from Amica, Sentry, and Travelers for my 2002 Ford Five Hundred and saved $61 a year. Just waiting to see how claims go.

  8. Nickolas Payne

    Hope my car insurance gets cheaper. From a town just southwest of Louisville, Kentucky. I got free quotes with AAA, Sentry, and some smaller one I can’t remember the name of for my Ford and I’m now saving $13 a month. Have an at-fault accident tho. I just quoted rates online.

  9. Jordan Oneil

    I live just outside Detroit, Michigan. Compared rates from a lot of places. Saved about $30 a month. Progressive was the cheapest for me. Left Progressive to switch. Not sure if rates are cheaper online or not.

  10. Omega Farmer

    Live in Seattle, Washington. Got quotes from GEICO, AIG Insurance, Farmers, and GMAC for my Ford and saved $74 a year. Not sure about claim service. I’m thinking about dropping full coverage though.