2003 Ford Escort Insurance Quotes – 8 Tips for Best Rates

Searching for better auto insurance rates for your Ford Escort? Scraping up a payment for pricey Ford Escort insurance can sap your monthly budget and force you to make tough financial choices. Getting a rate comparison is an excellent way to make sure you’re not throwing money away.

Due to the fact that there are so many options, it is very difficult to pick the cheapest auto insurance provider.

Consumers should take time to compare premium rates occasionally because insurance prices change frequently. Just because you had the lowest price for Escort insurance last year other companies may now be cheaper. There are a lot of ways to save on auto insurance online but we’re going to give you some great ideas on how to find cheap auto insurance.

Buy insurance online

There are a lot of ways you can shop for insurance but there is one way that is easier and takes less work. You can waste a few hours (or days) discussing policy coverages with agents in your area, or you could use online quotes to get pricing more quickly.

Most of the larger companies participate in an industry program where insurance shoppers only type in their quote data once, and every company can give them a price based on that data. This system prevents you from having to do quote forms for each company you want a rate for.

To find out how much you can save on insurance click here to start a free quote.

The one disadvantage to doing it this way is you don’t know exactly which companies you want pricing from. So if you prefer to choose individual companies to compare rates, we have assembled a list of companies who write insurance in your area. Click here for list of insurance companies.

You can use whichever method you prefer to find lower rates, just do your best to use nearly identical quote data with every price quote. If you use mixed coverages it’s not possible to determine the best price for your Ford Escort. Just slight variations in insurance coverages can mean a large discrepancy in price. Keep in mind that comparing more quotes helps improve the odds of finding a better price. Not every company does online rate quotes, so it’s important to also get price quotes from those companies as well.

Eight discounts for lower-cost insurance rates

Insurance is not an enjoyable expense, but you may qualify for discounts to help offset the cost. Certain reductions will be credited at the time of purchase, but a few must be requested specifically before you get the savings.

  • Driver Safety – Completing a defensive driving class could save 5% or more if you qualify.
  • Multi-Vehicle Discounts – Having more than one vehicle with the same company can reduce rates for all insured vehicles.
  • Bundled Policy Discount – If you have multiple policies with the same insurance company you could earn a discount of up to 20% and get you cheap insurance.
  • Active Service Discounts – Being on active duty in the military may qualify for rate reductions.
  • Theft Deterent System – Vehicles that have factory alarm systems and tracking devices can help prevent theft so companies will give you a small discount.
  • Homeowners Savings – Owning a home can get you a discount since home ownership requires a higher level of personal finance.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.
  • Distant Student – Kids who attend college more than 100 miles from home and don’t have a car could qualify for this discount.

It’s important to understand that most discounts do not apply to the overall cost of the policy. Some only apply to individual premiums such as physical damage coverage or medical payments. Even though it appears you can get free auto insurance, you aren’t that lucky. But any discount will help lower the cost of coverage.

A list of insurance companies and the discounts they provide are:

  • 21st Century policyholders can earn discounts including air bags, teen driver, anti-lock brakes, automatic seat belts, defensive driver, good student, and early bird.
  • State Farm offers premium reductions for student away at school, safe vehicle, Steer Clear safe driver discount, multiple autos, and accident-free.
  • AAA has savings for multi-car, good driver, anti-theft, good student, education and occupation, and multi-policy.
  • Liberty Mutual may have discounts that include safety features, new move discount, multi-policy, good student, and new graduate.
  • Progressive may include discounts for multi-policy, online signing, homeowner, good student, online quote discount, continuous coverage, and multi-vehicle.

When quoting, ask every insurance company the best way to save money. Savings may not be offered in your area. For a list of insurers that provide some of the discounts listed above, follow this link.

You may need specialized insurance coverage

When it comes to choosing proper insurance coverage for your vehicles, there is no perfect coverage plan. Each situation is unique so your insurance needs to address that. These are some specific questions might help in determining whether or not you could use an agent’s help.

  • Do I need replacement cost coverage on my 2003 Ford Escort?
  • When should my teen driver be added to my policy?
  • What is the ISO rating for a 2003 Ford Escort?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • What discounts do I qualify for?
  • Does coverage extend to my business vehicle?
  • Can I drive in Mexico and have coverage?
  • What is an SR-22 filing?
  • What are the financial responsibility laws in my state?
  • If my pet gets injured in an accident are they covered?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Auto insurance coverages and their meanings

Knowing the specifics of your policy can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are typical coverages found on most auto insurance policies.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as prosthetic devices, EMT expenses, surgery, hospital visits and pain medications. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

Collision coverage

Collision insurance covers damage to your Escort resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like sustaining damage from a pot hole, rolling your car, driving through your garage door and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Ford Escort.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive (Other than Collision)

This will pay to fix 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 protects against things such as damage from getting keyed, damage from flooding, a broken windshield and damage from a tornado or hurricane. The highest amount 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 it’s probably time to drop comprehensive insurance.

Liability car insurance

Liability coverage can cover damages or injuries you inflict on other people or property in an accident. This coverage protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as emergency aid, repair costs for stationary objects, court costs, pain and suffering and attorney fees. How much coverage you buy is your choice, but buy higher limits if possible.

Compare but don’t skimp

You just learned a lot of ways to compare 2003 Ford Escort insurance premium rates online. The key thing to remember is the more providers you compare, the higher your chance of finding cheap insurance. Consumers may even find the best premium rates are with the smaller companies. They often have lower prices on specific markets than their larger competitors like Progressive or GEICO.

Lower-priced 2003 Ford Escort insurance can be purchased on the web and also from your neighborhood agents, and you should be comparing both to have the best rate selection. Some companies may not offer online quoting and these small insurance companies work with independent insurance agencies.

As you shop your coverage around, it’s very important that you do not skimp on coverage in order to save money. In many cases, an accident victim reduced comprehensive coverage or liability limits only to regret that it was a big mistake. The proper strategy is to find the BEST coverage at the best cost while not skimping on critical coverages.

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