Searching for the cheapest insurance rates for your Ford Five Hundred? Comparing and finding low cost coverage rates for insurance can seem to be kind of frustrating for drivers new to comparison shopping online. Because there are so many insurers to choose from, it can be a challenge to locate the lowest coverage rates.
It’s smart to shop coverage around as often as possible due to the fact that insurance prices are constantly changing. Despite the fact that you may have had the lowest rates on Five Hundred insurance a couple years back you may be paying too much now. Forget anything you know (or think you know) about insurance because we’re going to show you how to quote online to lower your annual insurance bill.
There are multiple methods to compare auto insurance prices but there is one way that is easier and takes less work. You could waste time driving to agents in your area, or you could save time and use online quotes to quickly compare rates.
Many companies take part in a program where insurance shoppers submit their information once, and each participating company then returns a price quote. This prevents consumers from doing repetitive form submissions for each company you want a rate for.
To compare rates using this form now click here to start a free quote.
The only drawback to pricing coverage this way is you don’t know exactly the insurers you will receive quotes from. So if you want to choose specific providers to request quotes from, we put together a list of companies who write auto insurance in your area. View list of insurance companies.
Take whichever approach you prefer, but be sure you’re using the same coverage limits for each comparison quote. If your comparisons have differing limits it will be very difficult to determine the best price for your Ford Five Hundred. Quoting even small variations in coverage limits could mean much higher rates. And when comparison shopping, more quotes helps you find a lower rate. Some regional insurers cannot provide prices over the internet, so you need to compare prices from the smaller companies as well.
Car insurance companies do not advertise every discount very well, so the list below gives a summary of a few of the more common and the harder-to-find discounts you could be receiving when you buy auto insurance online.
Drivers should understand that most of the big mark downs will not be given the the whole policy. Most only apply to individual premiums such as comp or med pay. So even though it sounds like you could get a free insurance policy, nobody gets a free ride. But all discounts will bring down your insurance premiums.
To find companies who offer cheap insurance quotes, click this link.
When buying coverage, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that could help you determine if your insurance needs might need professional guidance.
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form.
Learning about specific coverages of your car insurance policy can help you determine the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.
Comprehensive auto coverage – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive can pay for things such as damage from flooding, hitting a bird and theft. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Collision – Collision insurance covers damage to your Five Hundred resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like backing into a parked car, crashing into a building, hitting a mailbox, sideswiping another vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to bump up the deductible to bring the cost down.
Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for bills such as hospital visits, nursing services and surgery. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage
UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Liability auto insurance – Liability insurance will cover damage or injury you incur to other people or property by causing an accident. It protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.
Liability can pay for things like emergency aid, bail bonds and medical services. How much liability coverage do you need? That is your choice, but buy higher limits if possible.