2015 Ford Five Hundred Insurance Quotes

Are you a victim of high-priced car insurance? Don’t sweat it because many consumers are in the same pinch.

Online insurance companies like State Farm, Allstate, GEICO and Progressive all claim big savings with ads and it can be hard to see through the deception and do the work needed to find the best deal.

Discounts can really help lower premiums

Some insurers don’t always publicize all their discounts very well, so the list below details some of the more common and also the more inconspicuous discounts you could be receiving when you buy insurance coverage online. If you check and find you aren’t receiving every discount you qualify for, you are not getting the best rate possible.

  • Auto/Life Discount – If the company offers life insurance, you could get better premium rates if you take out life insurance.
  • Lower Rates for Military – Having a family member in the military may lower your rates slightly.
  • Payment Discounts – By making one initial payment instead of monthly or quarterly installments you may have a lower total premium amount.
  • Accident Forgiveness Coverage – This isn’t a discount exactly, but companies like State Farm and Allstate allow you one accident without the usual rate increase so long as you haven’t had any claims for a set time period.
  • Senior Citizens – Seniors are able to get better auto insurance rates on Five Hundred insurance.
  • Discount for Good Grades – Getting good grades can be rewarded with saving of up to 25%. You can use this discount normally up until you turn 25.
  • Air Bag Discount – Vehicles equipped with air bags could see savings as much as 30%.
  • Club Memberships – Having an affiliation with specific professional or occupational memberships or organizations could qualify you for a break when getting a insurance coverage quote.
  • ABS and Traction Control Discounts – Cars with ABS and/or traction control have fewer accidents and earn discounts up to 10%.

One thing to note about discounts is that many deductions do not apply the the whole policy. Most only apply to specific coverage prices like liability, collision or medical payments. Despite the appearance that you could get a free auto insurance policy, you’re out of luck. Any amount of discount will definitely lower your auto insurance premiums.

Larger auto insurance companies and a selection of discounts are:

  • State Farm may offer discounts for multiple policy, Steer Clear safe driver discount, accident-free, Drive Safe & Save, student away at school, and safe vehicle.
  • American Family may include discounts for bundled insurance, accident-free, air bags, multi-vehicle, and defensive driver.
  • GEICO has discounts for seat belt use, federal employee, membership and employees, multi-policy, and anti-theft.
  • 21st Century offers discounts including student driver, automatic seat belts, homeowners, air bags, theft prevention, teen driver, and early bird.
  • Progressive offers premium reductions for good student, continuous coverage, online signing, online quote discount, multi-policy, homeowner, and multi-vehicle.

If you want affordable insurance coverage quotes, ask every company which discounts can lower your rates. Discounts might not apply in your area. To choose companies that offer the discounts shown above, click here.

Find cheap auto insurance with these tips

One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that help calculate the price you pay for auto insurance. When you know what positively or negatively controls the rates you pay, this allows you to make educated decisions that can help you get big savings. Lots of things are used when quoting car insurance. Some are obvious like an MVR report, but other factors are more transparent such as whether you are married or how financially stable you are.

Listed below are some of the most common factors that factor into your prices.

  • Insure your auto and home with one company – Some auto insurance companies afford better rates to policyholders that purchase more than one policy in the form of a multi-policy discount. Even with this discount applied, you may still want to compare other company rates to confirm you are receiving the best rates possible.
  • Get a ticket, pay higher premiums – Only having one speeding ticket can increase rates to the point where it’s not affordable. Attentive drivers have lower premiums as compared to those with violations. Drivers who have gotten severe violations like reckless driving, hit and run or driving under the influence might be required by their state to prove financial responsibility with the DMV in their state in order to prevent a license revocation.
  • Lower rates come with age – Drivers with little experience are statistically proven to be inattentive and easily distracted in a vehicle and because of this, their auto insurance rates are much higher. Older, more experienced drivers are shown to be more cautious, statistically cause fewer accidents , and usually have better credit.
  • Do you have a demanding occupation? – Do you work in a high-stress field? Jobs like lawyers, executives and stock brokers have higher rates than the rest of us due to intense work-related stress and lengthy work days. On the other hand, jobs like actors, engineers and the unemployed get better rates on Five Hundred insurance.
  • Do you know you’re credit history? – Credit score factor in your rate calculation. People that have good credit tend to be less risk to insure as compared to drivers with lower ratings. If your credit score can use some improvement, you could save money insuring your 2015 Ford Five Hundred if you clean up your credit.
  • Reduce rates by staying claim free – If you tend to file frequent claims, you can expect higher premiums or even policy non-renewal. Companies provide the best rates to insureds who are not frequent claim filers. Auto insurance is meant to be used in the event of larger claims.
  • Your liability insurance limits – The liability section of your policy kicks in if ever you are ruled to be at fault for causing damage or personal injury in an accident. Liability provides you with a defense in court starting from day one. Liability insurance is quite affordable compared to comp and collision, so insureds should have plenty of protection for their assets.
  • Guys tend to take more risk – Statistics demonstrate that women are safer drivers than men. The data does not necessarily mean that women are better drivers. Males and females are in at-fault accidents in similar percentages, but guys have accidents that have higher claims. They also get higher numbers of serious violations like DUI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore are the most expensive to insure.

Will just any policy work for me?

When buying adequate coverage, there really is no cookie cutter policy. Every situation is different so this has to be addressed. Here are some questions about coverages that might point out whether or not you will benefit from professional help.

  • Are there companies who specialize in insuring high-risk drivers?
  • Will my insurance pay for OEM parts?
  • What vehicles should carry emergency assistance coverage?
  • Do I need replacement cost coverage on my 2015 Ford Five Hundred?
  • Does my 2015 Ford Five Hundred need full coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Can you really save if you switch?

Respected companies like State Farm and Allstate continually stream ads on television and other media. They all make the point of big savings after switching your policy. How does each company sell you cheaper insurance coverage? This is the way they can do it.

Auto insurance companies give the best rates for the type of customer that earns them the highest profit. For instance, a driver they prefer may need to be between the ages of 30 and 50, has had continuous coverage, and does not commute to work. Someone that hits that “sweet spot” gets the lowest car insurance rates and is almost guaranteed to save when they switch companies.

Potential customers who are not a match for the requirements will probably have to pay higher prices which usually ends up with the customer buying from someone else. The trick companies use is to say “customers that switch” but not “everyone who gets a quote” save the amount stated. This is how insurance companies can confidently make claims like that.

Different companies use different criteria so it is so important to compare price quotes frequently. It is impossible to guess the company that will have the lowest rates.

Auto insurance 101

Knowing the specifics of your policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement. Listed below are the normal coverages found on the average auto insurance policy.

Liability car insurance

Liability coverage will cover damage or injury you incur to people or other property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things like medical expenses, attorney fees, bail bonds and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Five Hundred.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits do not exceed the liability coverage limits.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as fire damage, hail damage, damage from getting keyed, damage from flooding and falling objects. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as surgery, pain medications, dental work, funeral costs and ambulance fees. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision insurance

This coverage covers damage to your Five Hundred resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things like backing into a parked car, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

A little work can save a LOT of money

When trying to cut insurance costs, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where consumers will sacrifice uninsured motorist or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to purchase plenty of coverage at the best possible price and still be able to protect your assets.

We just presented a lot of tips how to compare 2015 Ford Five Hundred insurance car insurance rates online. The key thing to remember is the more you quote insurance coverage, the better chance you’ll have of finding the cheapest insurance coverage. You may even discover the most savings is with the least-expected company. They may have significantly lower premium rates on certain market segments than their larger competitors like GEICO and State Farm.

Much more information about insurance coverage is available at the links below

Comments About 2015 Ford Five Hundred Insurance

  1. Sheila Calderon

    Cheapest quote for my 2015 Ford Five Hundred was with Farmers. Left Hartford to switch.

  2. Zandra England

    Nice info. Live in Aberdeen, South Dakota. Quoted with AAA, MetLife, and some smaller one I can’t remember the name of for my Ford and saved $569 a year. Left MetLife to switch. I increased coverages a little too. Not sure about claim service.

  3. Lissette Boyer

    Does North Dakota have minimum liability requirements?

  4. Arron Kirby

    I compared a lot of rate quotes for a 2015 Ford Five Hundred in New Haven, CT. Ended up at roughly $170 every six months with AIG Insurance. Insured with Mercury before.

  5. Carisa Fisher

    Cheap car insurance? What’s that? Proud to be from Tacoma, WA. Got rates from AIG Insurance, Sentry, and some smaller one I can’t remember the name of for my Five Hundred and saved just over $360 a year.

  6. Noma Levy

    Live in Anchorage, AK. Got quotes with AIG Insurance, Encompass, and MetLife for my Ford and am saving around $120 a year.

  7. Leah Sanders

    I live in a small town just outside of San Diego, CA. I got free quotes from USAA, AAA, Hanover, and Mercury for my Ford and I’m now saving $45 a month. Left USAA to switch. Just go online and compare their rates.

  8. Yetta Duke

    I got quite a few price quotes for a 2015 Ford Five Hundred in Allentown, Pennsylvania. Ended up at roughly $550 every six months with Amica.

  9. Andre Crosby

    Thought I’d throw in my experience. Got a quote with Esurance for my Five Hundred and saved about $270 a year. Left Esurance to switch.

  10. Annabell Blackwell

    If you have a good history and live in the vicinity of Columbia, SC, check out 21st Century. You might save some money. Was with 21st Century. BTW speeding tickets are not good.

  11. Dessie Dillard

    Does GEICO do SR22s in Texas?

  12. Rodney Boone

    I live in a small town just outside of Houston, TX. Got quotes from Progressive, AIG Insurance, Farmers, and Hanover for my Ford and saved just over $110 a year. Thankfully I’m not a high risk driver.

  13. Hillary Franklin

    Liked the article. I live in Cedar Rapids, Iowa. Quoted with MetLife, Eastwood, GEICO, and AAA for my Ford and saved just over $340 a year.