Finding low-cost insurance for a Ford Five Hundred could be a painful process, but you can learn a few tricks to find lower rates.
There are both good and bad ways to find insurance online and we’ll show you the quickest way to compare rates for a new or used Ford and obtain the lowest price either online or from local insurance agents.
It’s a great practice to get comparison quotes quite often because insurance prices change frequently. Just because you found the lowest rates for Five Hundred insurance two years ago the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about insurance because we’re going to show you the things you must know in order to find better rates and still maintain coverage.
Effectively comparing auto insurance prices can take hours if you aren’t aware of the easiest way. You could spend your day talking about coverages with insurance agencies in your area, or you can stay home and use online quoting to get the quickest rates.
Many popular insurance companies take part in a program where prospective buyers enter their policy data once, and each company then returns a price quote based on that information. This prevents consumers from doing repetitive form submissions to each individual auto insurance company. To enter your information into the quoting system, click here (opens in new window).
The one disadvantage to using this type of form is that consumers can’t choose which insurance companies to get quotes from. So if you want to choose specific insurance companies to compare rates, we put together a list of auto insurance companies in your area. Click here to view list.
You can choose any of those ways to find more affodable coverage, but make sure you compare nearly identical coverage limits and deductibles for every quote you compare. If you enter differing limits you will not be able to make a fair rate comparison.
Some insurers don’t always advertise every disount available very well, so the next list breaks down both well-publicized as well as the least known credits available to you.
As a footnote on discounts, some credits don’t apply to the entire policy premium. Some only reduce individual premiums such as liability, collision or medical payments. Just because it seems like it’s possible to get free car insurance, you won’t be that lucky.
The best car insurance companies and a summarized list of policyholder discounts can be read below.
Before buying, ask all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts may not be offered in your area. To see car insurance companies who offer discounts, click here.
When it comes to buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Every situation is different.
For example, these questions may help you determine if your situation might need an agent’s assistance.
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an insurance 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.
Having a good grasp of your policy helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive insurance covers things such as damage from getting keyed, fire damage, hitting a deer, hail damage and damage from flooding. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
This coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Ford Five Hundred.
Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for surgery, X-ray expenses, ambulance fees, funeral costs and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible
This pays to fix your vehicle from damage from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims such as colliding with a tree, sustaining damage from a pot hole, crashing into a building and scraping a guard rail. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. You can also raise the deductible to get cheaper collision coverage.
Liability coverage will cover damage or injury you incur to other people or property by causing an accident. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage protects against things like emergency aid, medical services and repair costs for stationary objects. How much coverage you buy is up to you, but consider buying higher limits if possible.