Trying to find the cheapest auto insurance rates for your Ford Escape? Searching for the cheapest insurance for a Ford Escape can normally be a painful process, but you can learn a few tricks to find lower rates.
There are more efficient ways to buy auto insurance so we’re going to tell you the proper way to price shop coverage for a new or used Ford and obtain the lowest price from both online companies and local agents.
You should take the time to check auto insurance prices as often as possible since prices are rarely the same from one policy term to another. Just because you had the lowest price for Escape coverage at your last renewal other companies may now be cheaper. Forget all the misinformation about auto insurance because you’re about to learn how to use the internet to find great coverage at a great price.
Auto insurance is not an enjoyable expense, but there could be significant discounts that could help you make your next renewal payment. Some discounts apply automatically when you complete an application, but some must be asked about in order for you to get them. If you are not receiving all the discounts you qualify for, you are not getting the best rate possible.
As a sidenote, some of the credits will not apply the the whole policy. Most cut the cost of specific coverages such as medical payments or collision. If you do the math and it seems like you could get a free auto insurance policy, companies don’t profit that way. But all discounts will lower the amount you pay for coverage.
A few companies that may have these benefits include:
If you need lower rates, check with every insurance company what discounts are available to you. Savings might not apply in your area. If you would like to see a list of auto insurance companies that offer multiple discounts, click here to view.
When it comes to buying the best car insurance coverage, there is no one size fits all plan. Everyone’s needs are different.
For instance, these questions can help discover if your insurance needs would benefit from professional advice.
If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and you can get the answers you need.
Having a good grasp of your car insurance policy can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.
Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Ford Escape.
Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are set the same as your liablity limits.
Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like rehabilitation expenses, dental work, prosthetic devices, doctor visits and hospital visits. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
Collision – This coverage covers damage to your Escape caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like hitting a parking meter, colliding with another moving vehicle, damaging your car on a curb, backing into a parked car and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.
Auto liability – This coverage can cover damages or injuries you inflict on other people or property. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.
Liability can pay for claims like attorney fees, medical expenses and pain and suffering. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as vandalism, damage from a tornado or hurricane, hitting a bird, hail damage and fire damage. The most your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Cheaper car insurance can be purchased on the web as well as from independent agents, and you need to comparison shop both so you have a total pricing picture. Some insurance companies may not provide rates over the internet and these smaller providers sell through independent insurance agencies.
Drivers leave their current company for many reasons like policy cancellation, lack of trust in their agent, extreme rates for teen drivers or even an unsatisfactory settlement offer. Regardless of your reason, choosing a new insurance company can be less work than you think.
As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. There are too many instances where consumers will sacrifice uninsured motorist or liability limits only to discover later they didn’t have enough coverage. Your focus should be to buy enough coverage for the lowest cost while not skimping on critical coverages.