2018 Ford Edge Insurance Rates – 8 Tricks for Cheaper Quotes

Want lower insurance rates for your Ford Edge? Did you fall for a flashy sales pitch and buy an underperforming, overpriced insurance policy? It’s quite common and many consumers are in the same pinch.

Popular companies such as Geico, Progressive and Allstate all promote huge savings with ad campaigns and it is challenging if not impossible to not get sucked in by the cute commercials and do the work needed to find the best deal.

It’s important to take a look at other company’s rates yearly because insurance rates are adjusted regularly by insurance companies. Even if you got the best deal on Edge insurance a couple years back the chances are good that you can find a lower price today. You can find a lot of misleading information regarding insurance on the internet, but I’m going to show you some of the best ways to stop overpaying for insurance.

The quickest method we recommend to compare insurance rates from multiple companies is to know the fact almost all companies will pay a fee to give free rates quotes. To start a quote, the only thing you need to do is provide a little information including whether you are single or married, any included safety features, your occupation, and which vehicles you own. That rating data is submitted instantly to multiple top-rated companies and they return rate quotes immediately.

Why you might not save $486 a year

Insurance providers like Progressive, Allstate and Geico consistently run ads on TV and radio. All the companies make the same claim about savings just by moving to their company. Is it even possible that every company can sell you cheaper insurance coverage? It’s all in the wording.

Most companies quote their cheapest rates for the type of driver that will add to their bottom line. An example of a profitable customer might be described as a female over age 40, has never had a claim, and drives a safe vehicle. Someone that matches those criteria will probably get the lowest rates and therefore will save a lot of money.

Drivers who don’t qualify for this stringent profile must pay higher rates with the end result being business not being written. The trick companies use is to say “drivers who switch” not “everyone who quotes” save that much when switching. That is how insurance companies can confidently make claims that they all have the best prices. Because of the profiling, drivers must get insurance coverage quotes as often as possible. It is just not possible to predict which insurance companies will have the best premium rates.

Eight discounts for cheap insurance rates

Insurance can cost an arm and a leg, but you can get discounts that may help make it more affordable. Certain discounts will be triggered automatically when you quote, but a few must be asked about prior to receiving the credit.

• Active Military Service – Being on active deployment in the military could mean lower rates.
• Theft Deterent – Vehicles that have factory alarm systems and tracking devices prevent vehicle theft and will qualify for a discount on a insurance coverage quote.
• New Car Discount – Insuring a new car can get you a discount since newer models have better safety ratings.
• Auto/Home Discount – If you combine your homeowners and auto policies with the same company you may earn approximately 10% to 15%.
• Accident-Free Discounts – Drivers with accident-free driving histories pay much less in comparison with accident-prone drivers.
• Early Signing – A few insurance companies offer discounts for signing up prior to the expiration date on your current policy. You could save around 10% when you buy insurance coverage online.
• One Accident Forgiven – Not a discount per se, but some insurance companies allow you one accident without getting socked with a rate hike with the catch being you have to be claim-free for a set time period.
• Payment Method – If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.

Remember that some credits don’t apply to the overall cost of the policy. Most cut the price of certain insurance coverages like comp or med pay. If you do the math and it seems like adding up those discounts means a free policy, you’re out of luck.

If you would like to view insurers that offer some of these discounts, click here.

Tailor your insurance coverage coverage to you

When it comes to buying coverage for your personal vehicles, there isn’t really a one size fits all plan. Every situation is different so your insurance needs to address that. For example, these questions might help in determining whether you will benefit from professional help.

• Does my 2018 Ford Edge need full coverage?
• Why am I required to buy liability insurance?
• Is my babysitter covered when using my vehicle?
• Do I need motorclub coverage?
• Where can I get insurance after a DUI in my state?
• Should I buy more coverage than the required minimum liability coverage?
• How high should deductibles be on a 2018 Ford Edge?
• Does liability extend to a camper or trailer?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with 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.

Car insurance coverage basics

Understanding the coverages of car insurance aids in choosing the best coverages for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on most car insurance policies.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your Ford Edge.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Comprehensive coverage

This pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like hitting a deer, a tree branch falling on your vehicle, rock chips in glass, a broken windshield and theft. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Auto collision coverage

This coverage 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 coverage pays for things such as hitting a parking meter, backing into a parked car and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for dental work, prosthetic devices and hospital visits. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers all 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

Liability auto insurance

Liability insurance can cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage protects against claims such as loss of income, structural damage and court costs. How much liability should you purchase? That is up to you, but you should buy higher limits if possible.

Don’t break the bank

When searching for low cost insurance coverage quotes, it’s very important that you do not buy poor coverage just to save money. There have been many cases where an insured dropped collision coverage and found out when filing a claim that it was a big error on their part. The goal is to find the BEST coverage at an affordable rate but still have enough coverage for asset protection.

You just learned a lot of tips how to lower your 2018 Ford Edge insurance auto insurance rates. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may even discover the lowest auto insurance rates are with some of the smallest insurance companies. These companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate or State Farm.

Helpful resources

• Cellphones, Texting and Driving (iihs.org)
• What Auto Insurance is Cheapest for a Ford Edge in Riverside? (QuoteRiverside.com)
• Credit Impacts Car Insurance Rates (State Farm)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Comprehensive Coverage (Liberty Mutual)
• Understanding Rental Car Insurance (Insurance Information Insitute)