Compare 1998 Ford Five Hundred Car Insurance Quotes

Consumers have options when looking for the lowest priced Ford Five Hundred insurance. You can either spend your time driving around to get rate comparisons or leverage the internet to make rate comparisons.

There are both good and bad ways to find car insurance online so you’re going to learn the absolute fastest way to compare rates for a new or used Ford and get the lowest possible price either online or from local insurance agents.

You should make it a habit to shop coverage around quite often because insurance prices are constantly changing. Just because you had the best quotes on Five Hundred insurance a few years ago you may be paying too much now. You can find a lot of information about car insurance out there, but by reading this article, you’re going to learn the easiest ways to find affordable car insurance.

If you have insurance now or need new coverage, you can follow these tips to shop for the lowest rates while maximizing coverage. This article will teach you the most effective way to quote insurance and some tricks to saving. Consumers only need to know the most effective way to buy auto insurance online.

You can change your insurance prices

A large part of saving on insurance coverage is knowing some of the things that go into determining your premiums. If you understand what determines base rates, this allows you to make good choices that could result in lower rates. Many things are used in the calculation when premium rates are determined. Some are obvious like your driving record, but other factors are more obscure like where you live and annual miles driven.

The items below are a partial list of the pieces that factor into rates.

  • Uninterrupted coverage lowers insurance coverage rates – Not having insurance can get your license suspended and insurance coverage companies will penalize you for letting your coverage cancel without a new policy in place. And not only will insurance be more expensive, not being able to provide proof of insurance may result in a steep fine or even jail time. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
  • Get hitched and get better prices – Having a spouse may save some money on your insurance coverage policy. Marriage may mean you are more financially stable and it’s statistically proven that married couples file fewer claims.
  • Proper usage rating affects prices – Driving a lot of miles in a year’s time the higher your rate. The majority of insurers apply a rate based upon how much you drive. Autos left parked in the garage can get a lower rate as compared to vehicles used primarily for driving to work. A policy that improperly rates your Five Hundred can result in significantly higher rates. It’s a good idea to make sure your declarations sheet shows the right rating data, because it can save money.
  • Big cities mean more claims – Being located in smaller towns and rural areas of the country has definite advantages when buying insurance coverage. Residents of big cities have to deal with much more traffic and longer commutes to work. Fewer people means a lower chance of having an accident and lower theft and vandalism rates.
  • Avoid traffic tickets – Whether or not you get tickets influences premium rates substantially. Getting just one moving violation can increase the cost of insurance by as much as thirty percent. Drivers who don’t get tickets get better rates compared to drivers with tickets. Drivers who have dangerous violations such as DWI, reckless driving or hit and run convictions are required to file a SR-22 with their state motor vehicle department in order to keep their license.

How to compare insurance quotes

Many insurance companies allow consumers to get prices directly from their websites. Comparing rates online is quite easy because it’s just a matter of typing in your coverage information on the page. When the form is submitted, their system automatically retrieves your driving record and credit report and returns a price based on the information you submitted.

Online price estimates makes it a lot easier to compare rates but the time required to go to many different websites and type in the same information can be a bit repetitive. But it’s also necessary to have as many quotes as possible in order to find better insurance pricing.

The preferred way to locate the lowest prices makes use of a single form that analyzes rates from several companies at one time. It’s a real time-saver, eliminates repetitive work, and makes comparison shopping much more enjoyable and efficient. After your information is entered, it is quoted and you can select your choice of the quotes that you receive.

If the quotes result in lower rates, you can click and sign and buy the policy. The entire process takes less than 15 minutes and may result in a nice savings.

To compare pricing, simply click here to open in new window and submit your coverage information. If you have coverage now, it’s recommended you copy deductibles and limits as close as possible to your current policy. Doing this guarantees you will be getting a fair comparison for similar insurance coverage.

More affordable rates with these discounts

Some providers don’t list every discount in a way that’s easy to find, so below is a list both the well known as well as the least known discounts that you can inquire about if you buy insurance online.

  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a break if you buy a life insurance policy as well.
  • Good Driver Discount – Drivers who don’t get into accidents can save as much as half off their rates on Five Hundred insurance than their less cautious counterparts.
  • Government Employee Discount – Simply working for the federal government could qualify for a slight premium decrease on Five Hundred insurance with some insurance companies.
  • Low Mileage – Low mileage vehicles could be rewarded with slightly better rates than normal.
  • E-sign Discounts – Some larger companies give back up to $50 for completing your application digitally online.
  • Military Deployment Discount – Being deployed in the military may lower your rates slightly.
  • Driver’s Education for Students – Cut your cost by having your teen driver sucessfully take a drivers education course in school.
  • No Accidents – Drivers who stay claim-free can save substantially as compared to policyholders that have many claims.

Consumers should know that most discount credits are not given to the entire cost. Most only reduce individual premiums such as liability and collision coverage. Despite the appearance that all those discounts means the company will pay you, it just doesn’t work that way. But all discounts should help lower your insurance premiums.

If you would like to view companies who offer cheap insurance quotes, click here.

Insurance coverage can be complex

When it comes to choosing the best insurance coverage coverage, there really is no “best” method to buy coverage. Everyone’s situation is unique.

Here are some questions about coverages that might point out if your situation would benefit from professional advice.

  • What if I don’t agree with a claim settlement offer?
  • Why am I required to buy liability insurance?
  • Should I rate my 1998 Ford Five Hundred as pleasure use or commute?
  • Do I have coverage when using my vehicle for my home business?
  • Am I covered if I hit my neighbor’s mailbox?
  • Should I carry comprehensive and collision coverage?
  • How high should my uninsured/underinsured coverage be in my state?
  • Will I lose any money if I cancel my policy before it expires?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Insurance coverage breakdown

Knowing the specifics of a insurance policy helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your 1998 Ford Five Hundred.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time these limits are identical to your policy’s liability coverage.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as prosthetic devices, nursing services, ambulance fees and rehabilitation expenses. They are utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability coverages – This provides protection from damages or injuries you inflict on people or other property that is your fault. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things like repair costs for stationary objects, bail bonds and court costs. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Collision coverages – This pays for damage to your Five Hundred resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like driving through your garage door, scraping a guard rail and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Comprehensive auto coverage – This coverage 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 vandalism, hitting a bird and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Buy Smart and Save

When getting insurance quotes online, never buy lower coverage limits just to save a few bucks. There have been many situations where someone sacrificed full coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

A few companies do not provide price quotes online small insurance companies prefer to sell through local independent agencies. Budget-friendly insurance can be purchased online and with local insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from.

We just showed you a lot of information how to get a better price on 1998 Ford Five Hundred insurance. The key thing to remember is the more rate comparisons you have, the better likelihood of getting cheaper insurance. You may even find the best price on insurance is with some of the lesser-known companies.

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