Compare 2000 Ford Five Hundred Car Insurance Rates

Searching for lower car insurance rates for your Ford Five Hundred? Do you get overwhelmed by the number of car insurance companies that you can choose from? You’re not alone. You have such a vast assortment of companies available that it can turn into a burden to find the lowest price.

It’s a great practice to quote other rates occasionally since insurance rates change quite often. Despite the fact that you may have had the best rate for Five Hundred insurance a few years ago you may be paying too much now. Block out anything you think you know about car insurance because you’re going to learn how to quote online to find better rates and still maintain coverage.

Insurance companies offer many discounts

Car insurance can cost a lot, but companies offer discounts to cut the cost considerably. Some discounts apply automatically at the time of purchase, but some may not be applied and must be asked for before you will receive the discount.

  • Defensive Driving Course – Successfully completing a safe driver course may get you a small discount and easily recoup the cost of the course.
  • Anti-lock Brake System – Cars and trucks equipped with ABS or steering control prevent accidents so companies give up to a 10% discount.
  • Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle up can save 10% or more on the premium charged for medical payments and/or PIP.
  • Payment Method – By paying your policy upfront rather than paying monthly you can avoid monthly service charges.
  • Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class if offered at their school.
  • Driving Data Discount – Drivers who agree to allow driving data submission to monitor where and when they drive by installing a telematics device like Allstate’s Drivewise could see a rate decrease as long as they are good drivers.

Policy discounts save money, but most credits do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as comprehensive or collision. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way. But any discount should help reduce your overall bill.

A few of the larger companies and their possible discounts are detailed below.

  • American Family has savings for Steer into Savings, TimeAway discount, good student, multi-vehicle, good driver, mySafetyValet, and bundled insurance.
  • State Farm includes discounts for driver’s education, Steer Clear safe driver discount, Drive Safe & Save, defensive driving training, passive restraint, student away at school, and accident-free.
  • 21st Century discounts include 55 and older, driver training, automatic seat belts, homeowners, teen driver, student driver, and air bags.
  • Travelers may have discounts that include driver training, payment discounts, multi-policy, good student, continuous insurance, and home ownership.
  • GEICO has discounts for good student, driver training, anti-theft, multi-policy, and federal employee.

If you want affordable auto insurance quotes, ask every prospective company the best way to save money. Some of the discounts discussed earlier might not apply in your area. To see a list of insurers with the best insurance discounts, click here to view.

Where can I get affordable auto insurance?

The are a couple different ways of comparing rate quotes from companies that offer auto insurance in your state. The best way to find affordable 2000 Ford Five Hundred insurance rates is to jump online and get quotes. This is quite simple and can be completed in a couple of different ways.

  1. The fastest way to find the lowest comparison rates is a comparison rater form like this one (opens in new window). This easy form saves time by eliminating repetitive form entry for each company. Just one form will return quotes instantly.It’s the quickest way to get rates.
  2. A harder way to compare prices requires a trip to each company’s website and get a separate price quote. For sake of this example, we’ll assume you want to compare Auto-Owners, Allstate and American Family. In order to compare rates, you need to go to each individual site and repeatedly enter your information, which explains why we recommend starting with the first method. For a list of links to insurance companies in your area, click here.

The method you choose is up to you, but try to use exactly the same coverage information for each price quote. If you have higher or lower deductibles it’s not possible to get a fair rate comparison. Having just a slight variation in insurance coverages or limits could throw off the whole comparison. And when price shopping your coverage, making a lot of price comparisons will increase your chances of finding better pricing.

Ford Five Hundred insurance price factors

Lots of factors are considered when you get your auto insurance bill. Some are pretty understandable such as your driving history, but some are not as apparent like your continuous coverage or how safe your car is.Smart consumers have a good feel for the rating factors that help determine your premiums. If you understand what controls the rates you pay, this enables informed choices that can help you get cheaper rates.

  • Teenagers are high risk – Mature drivers are proven to be safer behind the wheel, file fewer claims .Beginning drivers tend to be inattentive when driving so car insurance rates are higher.
  • Higher car insurance rates for specific employers – Did you know your job can affect your rates? Careers such as real estate brokerspolice officers and financial analysts tend to pay higher premiums than the average policyholder in part from stressful work requirements and long work days. On the other hand, occupations like scientists, historians and performers have lower than average premiums for Five Hundred insurance.
  • Consolidate policies with the same company – Most insurance companies apply a discount to policyholders who consolidate policies with them. It’s known as a multi-policy discount. The amount of the discounts can be anywhere from five to ten percent in most cases. Even with this discount applied, it’s still a good idea to check prices from other companies to help ensure you have the lowest rates.There is a good possibility that you can find a better deal by splitting coverages up.
  • Being married can save on car insurance – Having a spouse may cut your premiums on car insurance. It translates into being more mature it has been statistically shown that married drivers tend to have fewer serious accidents.

Do I just need basic coverages?

When it comes to buying coverage for your personal vehicles, there really is not a perfect coverage plan. Everyone’s situation is a little different.

For example, these questions can help discover if your insurance needs would benefit from an agent’s advice.

  • I have a DUI can I still get coverage?
  • How many claims can I have before being cancelled?
  • Is my teen driver covered when they drive my company car?
  • Can I get a multi-policy discount?
  • Do I need PIP coverage since I have good health insurance?
  • Who is covered when they drive my 2000 Ford Five Hundred?
  • Does insurance cover damages from a DUI accident?
  • Does coverage extend to Mexico or Canada?

If you can’t answer these questions, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form.

Parts of your insurance policy

Knowing the specifics of a insurance policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

UM/UIM Coverage

This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for expenses for pain medications, funeral costs, ambulance fees, chiropractic care and hospital visits. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

This pays for damage to your Five Hundred from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like sustaining damage from a pot hole, colliding with another moving vehicle and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as falling objects, hitting a deer and damage from flooding. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability coverages

Liability insurance provides protection from injuries or damage you cause to other people or property in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims like bail bonds, emergency aid, attorney fees and funeral expenses. How much coverage you buy is your choice, but you should buy as large an amount as possible.

One last thing about your coverage

When searching for low cost auto insurance quotes, don’t be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped liability limits or collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your goal is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

A few companies may not offer price quotes online small insurance companies sell through local independent agencies. Cheaper auto insurance is available online in addition to many insurance agents, so you need to compare both to have the best chance of lowering rates.

Insureds switch companies for a number of reasons such as poor customer service, denial of a claim, high rates after DUI convictions or being labeled a high risk driver. Whatever your reason, choosing a new company can be easier than you think.

Additional auto insurance information is available at the links below