Cheaper 2010 Ford Fusion Insurance Cost

If you are new to online price comparisons, by this point your are probably bewildered thanks to the huge assortment of online car insurance companies and websites that all promise to save you money.

You should make it a habit to do rate comparisons yearly because insurance prices change frequently. Even if you think you had the best rates for Fusion insurance at your last renewal there is a good chance you can find better premium rates now. You can search a lot of car insurance online, but in this article, you’re going to get some tested techniques to stop overpaying for insurance.

Cheaper rates with discounts

Some insurance providers don’t always publicize every discount they offer very clearly, so we break down a few of the more common and the more hidden auto insurance savings.

  • Buy New and Save – Buying a new car instead of a used car is cheaper because new vehicles have to meet stringent safety requirements.
  • More Vehicles More Savings – Drivers who insure multiple cars with the same auto insurance company can get a discount for every vehicle.
  • Discount for Swiching Early – A few larger companies offer discounts for buying a policy early. Ten percent is about the average savings.
  • Lower Rates for Military – Having a family member in the military could mean lower auto insurance rates.
  • Good Student Discount – Performing well in school can get you a discount of up to 25%. Most companies allow this discount up until you turn 25.

Drivers should understand that most credits do not apply the the whole policy. Most cut the cost of specific coverages such as liability and collision coverage. Even though the math looks like you would end up receiving a 100% discount, you aren’t that lucky.

A few popular companies and some of the discounts are outlined below.

  • GEICO has savings for defensive driver, daytime running lights, driver training, five-year accident-free, and anti-lock brakes.
  • Mercury Insurance offers premium reductions for annual mileage, anti-theft, good driver, low natural disaster claims, age of vehicle, and professional/association.
  • Farmers Insurance offers discounts including youthful driver, early shopping, business and professional, mature driver, multi-car, and bundle discounts.
  • Auto-Owners Insurance may offer discounts for paperless, multiple vehicles, safe vehicle, air bags, and mature driver.
  • Liberty Mutual includes discounts for new graduate, good student, newly retired, exclusive group savings, newly married, and new vehicle discount.
  • SAFECO discounts include anti-theft, teen safety rewards, anti-lock brakes, homeowner, accident prevention training, and drive less.
  • Progressive policyholders can earn discounts including continuous coverage, online signing, homeowner, online quote discount, multi-vehicle, good student, and multi-policy.
  • USAA has discounts for family discount, good student, multi-vehicle, safe driver, defensive driver, and annual mileage.

When comparing rates, check with each company or agent which discounts you qualify for. Depending on the company, some discounts might not apply in your area.

How to lower your insurance cost

To find cheap prices, there are a couple of ways to compare rate quotes from all the different companies. The quickest method to compare rates involves getting comparison quotes online. It’s really quite simple and can be done in a couple of different ways.

  • Experts agree that the best way consumers can analyze rates is a comparison rater form like this one (opens in new window). This style of form eliminates the need for repetitive form submissions for every prospective company. Completing one form gets coverage cost estimates from multiple low-cost companies. It’s definitely the quickest method.
  • A less efficient way to get quotes online is to manually visit each company’s website and go through the quote process again. For sake of this example, let’s assume you want to compare Auto-Owners, Esurance and Allstate. To get rate quotes you would need to go to every website to input your insurance information, which is not fast way to get rate quotes.

    For a list of links to companies insuring cars in your area, click here.

  • Even if you have time, the least recommended method of comparing rate quotes is to drive around to all the different insurance agencies. The internet has made agencies unnecessary unless you want the extra assistance only provided by licensed agents. Drivers can comparison shop your insurance online but have a local agent actually write the policy.

It doesn’t matter which method you choose, just make sure you compare the exact same coverage limits for each quote you get. If your comparisons have different values for each quote you will not be able to decipher which rate is best. Even a minor difference in coverage limits can make a big difference in price. And when quoting insurance, remember that comparing all the rates in your area increases the change that you will find the best rates.

Learn how to lower your insurance rates

Consumers need to have an understanding of the factors that come into play when calculating your auto insurance rates. When you know what positively or negatively determines base rates, this enables you to make decisions that can help you get lower rates. Many different elements are part of the equation when pricing auto insurance. Some of the criteria are obvious such as traffic violations, but other criteria are less apparent like your vehicle usage or your vehicle rating.

  • Bump up deductibles to lower rates – Deductibles for physical damage define the amount the insured will be required to pay if the claim is covered. Insurance for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some coverage claims are colliding with a stationary object, damage from fire, and damage from wind. The more expense you pay before a claim is paid (deductible), the lower your rates will be for Fusion insurance.
  • Do you need those extra coverages? – There are a lot of extra add-on coverages you can purchase on your Fusion policy. Coverages like vanishing deductibles, towing, and Farm Bureau memberships may be costing you every month. These may sound like a good investment when you first buy your policy, but if they’re wasting money eliminate the coverages to reduce your premium.
  • Poor credit score equals high premiums – Your credit score is a big factor in determining premium rates. Therefore, if your credit score is not that good, you could be paying less to insure your 2010 Ford Fusion if you clean up your credit. Drivers who have very high credit ratings tend to be better risks to insure than drivers with bad credit.
  • Gender as a rate factor – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. That doesn’t necessarily mean that females are better drivers. They both are responsible for fender benders at about the same rate, but the male of the species have accidents that have higher claims. Men also statistically get more serious tickets such as reckless driving.
  • Youthful drivers pay more – Older people are shown to be more cautious, are lower risk to insure , and are generally more financially stable.Beginning drivers are statistically shown to be careless and easily distracted when at the wheel of a vehicle and because of this, their auto insurance rates are much higher.
  • Cheaper premiums using theft deterrents – Owning a car with a theft deterrent system can help lower your rates. Advanced theft deterrents such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping auto theft and help lower rates.

What is the best car insurance coverage?

When buying coverage for your personal vehicles, there really is no cookie cutter policy. Each situation is unique.

For example, these questions may help highlight whether your personal situation might need an agent’s assistance.

  • What is UM/UIM insurance?
  • Do I need replacement cost coverage?
  • Should I drop comprehensive coverage on older vehicles?
  • What is PIP insurance?
  • Should I buy only the required minimum liability coverage?
  • What vehicles should carry emergency assistance coverage?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Do I have coverage when using my vehicle for my home business?
  • What if I don’t agree with a claim settlement offer?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form.

Auto insurance advertisements

21st Century, Allstate and State Farm seem to constantly run television, radio, and online ads. All the companies have a common claim that drivers will save a bundle just by switching your policy. But how can every company sell you cheaper insurance coverage? It’s all in the wording.

Many companies look for specific characteristics for the type of driver that makes them money. For example, a desirable insured might have to be between the ages of 40 and 55, has a clean driving record, and drives less than 5,000 miles a year. Someone who matches that profile receive the lowest rate quotes and will most likely save quite a bit of money when switching.

Consumers who are not a match for this ideal profile may be forced to pay a more expensive rate which translates to the prospect going elsewhere. Company advertisements say “customers who switch” not “everyone who quotes” save that much money. That’s why companies can advertise the way they do. Because of the profiling, it is so important to quote coverage with many companies. Because you never know the company that will have the lowest rates.

Auto insurance 101

Learning about specific coverages of your policy can help you determine the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability car insurance – Liability coverage protects you from injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 25/50/25 which stand for $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things like bail bonds, court costs and pain and suffering. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Collision – This coverage pays for damage to your Fusion from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like hitting a mailbox, colliding with another moving vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and damage to your 2010 Ford Fusion.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP provide coverage for bills for surgery, X-ray expenses, funeral costs, pain medications and ambulance fees. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive insurance – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as rock chips in glass, damage from a tornado or hurricane, a tree branch falling on your vehicle, hitting a deer and theft. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

One last thing

Drivers change insurance companies for a variety of reasons including poor customer service, an unsatisfactory settlement offer, policy cancellation or even unfair underwriting practices. Whatever your reason, finding a new car insurance company can be easier than you think.

As you prepare to switch companies, never reduce needed coverages to save money. In many cases, an insured dropped liability limits or collision coverage only to discover later that it was a big mistake. Your strategy should be to purchase a proper amount of coverage at the best cost and still be able to protect your assets.

We’ve covered a lot of ways to lower your 2010 Ford Fusion insurance rates. It’s most important to understand that the more providers you compare, the better your chances of lowering your auto insurance rates. Consumers may even find the best rates are with some of the lesser-known companies.

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