Cheap 2013 Ford Five Hundred Insurance Cost

Trying to find lower insurance coverage rates for your Ford Five Hundred? Are you intimidated by the number of insurance coverage sources in your area? Many other people are as well. There are so many choices that it can really be a burden to find the best premium rates.

If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these tips. Finding the lowest cost insurance can be fairly easy. Nevertheless, vehicle owners do need to know how big insurance companies market on the web and take advantage of how the system works.

You may qualify for discounts

Not many people think insurance is cheap, but discounts can save money and there are some available that many people don’t even know exist. Some discounts apply automatically at quote time, but some discounts are required to be inquired about before being credited.

  • Smart Student Discounts – Maintaining excellent grades can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
  • Telematics Data – People who choose to allow their insurance company to analyze vehicle usage through the use of a telematics system such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates if they are good drivers.
  • Include Life Insurance and Save – Not all insurance companies offer life insurance, but some may give you lower insurance coveragerates if you buy a life policy as well.
  • Good Driver Discount – Safe drivers can get discounts for up to 45% lower rates on Five Hundred coverage compared to accident prone drivers.
  • More Vehicles More Savings – Purchasing coverage when you have primary and secondary vehicles with the same insurance coverage company can get a discount on all vehicles.
  • Pay Early and Save – If you can afford to pay the entire bill instead of paying each month you can actually save on your bill.
  • Early Renewal Discounts – Some companies reward drivers for renewing your policy early. The savings is around 10%.
  • Anti-theft System – Cars, trucks, and SUVs that have factory anti-theft systems have a lower chance of being stolen and will qualify for a discount on a auto insurance quote.
  • E-sign Discounts – Some of the larger companies will give you a small discount for completing your application digitally online.

Just know that some of the credits will not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like comp or med pay. So even though you would think having all the discounts means you get insurance for free, that’s just not realistic. Any amount of discount will positively reduce the amount you pay for coverage.

To view insurance coverage companies that have a full spectrum of discounts, follow this link.

Save money with these tips

Part of the insurance coverage buying process is learning some of the elements that help determine the price you pay for insurance coverage. If you have some idea of what controls the rates you pay, this enables you to make decisions that can help you get lower premium levels. Many factors are part of the equation when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, but other criteria are not quite as obvious such as whether you are married or your vehicle rating.

The itemized list below are a few of the “ingredients” utilized by car insurance companies to help set premiums.

  • Use credit responsibly and save – Having a bad credit history factor in determining your rates. Therefore, if your credit could use some work, you may save money insuring your 2013 Ford Five Hundred by improving your rating. Insureds with good credit tend to be less risk to insure than drivers with lower ratings.
  • Multi-policy discounts can save money – Most major insurers will give discounts to customers that buy multiple policies. It’s known as a multi-policy discount. Even if you already get this discount, it’s still a good idea to shop around to make sure you are getting the best deal.
  • Does insurance coverage cost less for women? – Statistics demonstrate that females tend to be a little less risky than males. Now that doesn’t mean women are better drivers. Men and women have auto accidents at a similar rate, but guys cause more damage. They also get cited for more serious violations such as DWI and reckless driving. Male drivers age 16 to 19 are the most expensive to insure and therefore are the most expensive to insure.
  • Low mileage costs less – Driving a lot of miles every year the more you’ll pay to insure it. Most companies charge rates partially by how you use the vehicle. Cars and trucks used primarily for pleasure use receive lower rates than those used for commuting. An improperly rated Five Hundred may be costing you. Ask your agent if your policy reflects the correct usage for each vehicle.
  • Too many insurance coverage claims drive up insurance coverage rates – If you frequently file small claims, you shouldn’t be surprised to get either policy cancellation or increased premiums. Companies generally give better rates to people that do not abuse their auto insurance. Your car insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Vehicle options can affect prices – Choosing to buy a car with advanced anti-theft systems can help bring down rates. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent car theft.
  • How much liability protection – Your insurance coverage policy’s liability coverage provides coverage if ever you are found to be at fault for causing personal injury or damage in an accident. It will provide legal defense coverage up to the limits shown on your policy. It is affordable coverage as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.

There’s no such thing as the perfect insurance policy

When it comes to buying coverage for your personal vehicles, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

For example, these questions may help you determine whether or not you could use an agent’s help.

  • Will my rates increase for filing one claim?
  • Do I have coverage if my license is suspended?
  • How do I buy GAP insurance?
  • What is the ISO rating for a 2013 Ford Five Hundred?
  • I don’t drive much so do I pay less?
  • Am I covered if I drive in a foreign country?

If you’re not sure about those questions, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form.

What insurance coverages do you need?

Learning about specific coverages of your policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Liability auto insurance

This coverage protects you from damage or injury you incur to other’s property or people. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims like attorney fees, pain and suffering, medical expenses, emergency aid and loss of income. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as damage from flooding, vandalism and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your 2013 Ford Five Hundred.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Auto collision coverage

This coverage will pay to fix 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 protects against things like scraping a guard rail, rolling your car, crashing into a building, backing into a parked car and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for bills like EMT expenses, nursing services and doctor visits. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle 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

More quotes mean more savings

When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There are a lot of situations where an insured cut physical damage coverage only to regret at claim time that it was a big mistake. Your goal is to purchase plenty of coverage for the lowest price, but do not skimp to save money.

We covered a lot of information how to reduce 2013 Ford Five Hundred insurance prices online. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting cheaper auto insurance. Consumers may even find the most savings is with the least-expected company.

Cheaper insurance coverage can be sourced online in addition to local insurance agencies, so you should be comparing quotes from both to have the best rate selection. There are still a few companies who may not offer online quoting and many times these smaller companies sell through local independent agents.

Additional detailed information is located at these sites: