Are you regretting the purchase of overpriced insurance? Believe me, you’re not the only one.
Due to the fact that there are so many options when it comes to insurance, it can be challenging to choose the right company.
It is always a good idea to quote other rates quite often since prices trend upward over time. Even if you think you had the best deal for Edge insurance a few years ago other companies may now be cheaper. Block out anything you think you know about insurance because you’re going to learn the tricks you need to know to properly buy coverages and cut your premium.
Buying car insurance is not that difficult. If you have car insurance now, you should be able to reduce your rates substantially using this strategy. Nevertheless, car owners must learn how the larger insurance companies price online insurance and apply this information to your search.
The quickest method we recommend to compare policy rates is to understand auto insurance companies allow for online access to compare their rates. To get started, all you need to do is provide a little information like level of coverage desired, the type of vehicles you drive, if it has an anti-theft system, and how your vehicles are used. Your rating data is instantly provided to many of the top insurers and they return rate quotes within a short period of time.
Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that can drop the cost substantially. Certain discounts will be applied at the time of quoting, but some discounts are required to be inquired about prior to getting the savings.
Don’t be shocked that some credits don’t apply to your bottom line cost. Most only cut the cost of specific coverages such as liability, collision or medical payments. Despite the appearance that all those discounts means the company will pay you, it just doesn’t work that way.
A list of auto insurance companies and a partial list of their discounts are:
Before purchasing a policy, check with all companies you are considering which discounts you qualify for. All car insurance discounts might not apply everywhere. If you would like to see a list of insurance companies that offer some of these discounts, follow this link.
When it comes to choosing coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is a little different and your policy should reflect that. These are some specific questions may help highlight whether you would benefit from an agent’s advice.
If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.
Many factors are used in the calculation when you get a price on insurance. Some factors are common sense such as your driving history, but other factors are more obscure such as your credit history or how financially stable you are.
Well-known insurance coverage companies like Allstate, Geico and Progressive seem to constantly run television and radio advertisements. They all say the same thing that people will save just by switching your insurance coverage coverage to their company. How does every company claim to save you money? Here is the trick they use.
Different companies look for specific characteristics for the type of driver that will generate a profit. For example, a driver they prefer could possibly be between 30 and 50, has few claims, and has a short commute. Any person that fits those parameters will qualify for the lowest prices and is almost guaranteed to cut their rates substantially.
Consumers who cannot meet this ideal profile will be quoted a more expensive rate and this results in the customer buying from someone else. The wording the ads use say “people that switch” not “everyone that quotes” can get the lowest rates when switching. That is how insurance companies can confidently advertise the savings. Different companies use different criteria so you absolutely need to get auto insurance quotes as often as possible. It is impossible to predict which insurance companies will fit your personal profile best.
Understanding the coverages of your policy helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Listed below are typical coverages found on most insurance policies.
Coverage for liability
Liability coverage protects you from injuries or damage you cause to other people or property that is your fault. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.
Liability can pay for things such as repair costs for stationary objects, repair bills for other people’s vehicles, medical expenses, pain and suffering and court costs. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.
UM/UIM Coverage
This provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Ford Edge.
Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.
Collision insurance
Collision insurance will pay to fix damage to your Edge resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for things like hitting a mailbox, crashing into a ditch, rolling your car, damaging your car on a curb and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to bump up the deductible to bring the cost down.
Medical costs insurance
Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for dental work, prosthetic devices and pain medications. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible
Comprehensive or Other Than Collision
Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as a broken windshield, damage from a tornado or hurricane, hail damage and damage from getting keyed. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Some insurance providers do not offer internet price quotes small, regional companies sell through independent agencies. The cheapest 2013 Ford Edge insurance is available from both online companies and from local insurance agents, and you need to price shop both in order to have the best price selection to choose from.
You just learned a lot of techniques to get a better price on 2013 Ford Edge insurance. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best price on insurance coverage is with a small mutual company. Smaller companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive and Geico.
More information can be read below:
Annika Cochran
I live in Gulfport, MS. Got free quotes online for a 2013 Ford Edge. Ended up at about $180 savings annually. Went with Allstate. Online quotes are the way to go.
Florencio Myers
This is too expensive. I live just to the north of Kansas City, Missouri. Got rates from GEICO, Farmers, and The General for my Edge and I’m now saving $52 a month. Left AAA to switch. Moved home policy as well.
Elvis Rowland
Like your site, BTW. Went with Western Auto Insurance for my 2013 Ford Edge and saved around $350 a year. Thankfully I have a good driving record. Hardly afford to drive anymore.
Cory Thornton
Nice post. I live in a small town just outside of Missoula, MT. Not sure of all the companies but I ended up saving about $50 each month. My new agent seems to be really good.
Essie Dean
Cheaper not always better. I’m just north of Gaithersburg, Maryland. I quoted with 21st Century, Esurance, and Hartford for my Edge and saved $506 a year. Thankfully I’m not a high risk driver. I just quoted rates online.
Ozie Boyd
Checking in from West Valley City, UT, and 21st Century rates were best. Thankfully I’m not a high risk driver.
Bo Haney
From west side of Virginia Beach, Virginia. Quoted prices from USAA, Amica, GMAC, and Safeco for my Ford and cut my rates about $270 a year. Wish I didn’t have to insure at all.
Adelle Perez
Thanks for putting this site together. Live in the southern part of Billings, Montana. I compared lots of rates. Saved about $70 a month. GEICO was the best choice for me. I get multi-vehicle and multi-policy discounts. Wish I didn’t have to insure at all.
Marcene Porter
Good detail in your article. I’m in Nampa, Idaho. I quoted with Nationwide, Farmers, Allstate, and American Family for my Edge and saved about $180 a year. Left Erie to switch.
Rosaura Small
Lots of useful info here. From a town just southwest of Lewiston, ME. Went online for free insurance quotes for a 2013 Ford Edge. Ended up at about $580 savings annually. Went with Progressive. It’s easy to compare rates online now.
Shalon Franks
Like your site, BTW. From Saint Louis, MO. Quoted with Allstate, Liberty Mutual, and Encompass for my Ford and saved $571 a year. Still almost need a second mortgage.
Renae Ballard
Lifelong resident of Overland Park, KS. I quoted with American Family, Nationwide, and a few others for my Ford and saved $377 a year. It’s easy to compare rates online now.
Keeley Bird
I’m in the west part of Aurora, Colorado. I got free quotes from Progressive, Encompass, and GMAC for my Ford and saved just over $130 a year. I have a teen driver too.