2014 Ford Edge Car Insurance Cost

Having to pay for expensive Ford Edge insurance can draw down your bank account and require stricter spending habits. Performing a rate comparison can help to lower your bills every month.

There are many insurers to pick from, and though it is a good thing to have a selection, it makes it harder to compare rates.

Consumers should take time to price shop coverage every six months because insurance prices trend upward over time. If you had the lowest rates for Edge insurance last year you can probably find a better rate quote now. Block out anything you think you know about car insurance because you’re about to find out the best way to reduce your cost while improving coverage.

Components of your Ford Edge insurance prices

Many things are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious such as traffic violations, but other factors are less apparent like where you live and annual miles driven.

  • Is your vehicle theft-ready? – Choosing to buy a car with an alarm system can help lower your rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help prevent your vehicle from being stolen.
  • Low physical damage deductibles can be expensive – Physical damage protection, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Ford. Examples of some claims that would be covered are a dented fender, hail damage, and burglary. Your deductibles tell how much you are willing to pay in the event of a claim. The larger the amount you pay before a claim is paid (deductible), the better rate you will receive for Edge insurance.
  • Claim-free discounts can add up – Insurance companies give the lowest premiums to insureds that do not abuse their auto insurance. If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Your car insurance is intended for the large, substantial claims.
  • Decrease premiums by maintaining coverage – Driving without insurance coverage in place is against the law and you may have a hard time finding new coverage because you let your insurance lapse. Not only will you pay more, failure to provide proof of insurance could result in a revoked license or a big fine. Then you may be required to file a SR-22 with your state motor vehicle department.
  • Traffic violations are costly – Only having one speeding ticket can increase rates by as much as twenty percent. Drivers who don’t get tickets pay lower auto insurance prices than people who have multiple driving citations. Drivers unfortunate enough to have careless tickets such as DUI or reckless driving might be required by their state to submit a SR-22 form with their state’s department of motor vehicles in order to legally drive a vehicle.
  • Keep the miles off and save – Driving more miles in a year the more you’ll pay to insure your vehicle. The majority of insurers calculate prices based on their usage. Vehicles that do not get driven very much can be on a lower rate level than those used for commuting. Ask your agent if your auto insurance policy reflects how each vehicle is driven, because improper ratings can cost you money. A policy that improperly rates your Edge is just wasting money.

These discounts can slash auto insurance rates

Auto insurance companies don’t necessarily list all their discounts in an easy-to-find place, so the list below gives a summary of both the well known and also the lesser-known discounts that may be available.

  • Telematics Data – Insureds who allow driving data collection to analyze when and where they use their vehicle by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts if they show good driving skills.
  • E-sign Discounts – Certain auto insurance companies will discount your bill up to fifty bucks for buying your policy on the web.
  • Driver’s Education for Students – Require your teen driver to enroll and complete driver’s education in school or through a local driver safety program.
  • Buy New and Save – Adding a new car to your policy can save up to 30% because newer models are generally safer.
  • 55 and Retired – Drivers over the age of 55 can get a slight reduction on a insurance coverage quote for Edge insurance.
  • Employee of Federal Government – Employees or retirees of the government can earn a discount up to 10% for Edge insurance with some auto insurance companies.
  • Service Members Pay Less – Being on active duty in the military can result in better premium rates.
  • Anti-theft System – Vehicles with anti-theft systems help deter theft and therefore earn up to a 10% discount.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to the entire cost. A few only apply to the cost of specific coverages such as comprehensive or collision. So when it seems like all the discounts add up to a free policy, you won’t be that lucky.

Some companies who might offer these money-saving discounts include:

Double check with all the companies which discounts they offer. A few discounts might not be available to policyholders in your area. If you would like to choose from a list of companies that offer many of these discounts, click here.

When do I need an agent’s advice?

When choosing the best auto insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • Do I have coverage if my license is suspended?
  • Do I need higher collision deductibles?
  • Should I sign the liability waiver when renting a car?
  • Why do I need rental car insurance?
  • Is rental equipment covered for theft or damage?
  • Do I need replacement cost coverage on my 2014 Ford Edge?
  • Can I make deliveries for my home business?
  • How high should my medical payments coverage be?
  • What is the minimum liability in my state?
  • I don’t drive much so do I pay less?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.

Auto insurance coverages

Having a good grasp of your auto insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Auto insurance terms can be confusing and nobody wants to actually read their policy. Listed below are typical coverage types offered by auto insurance companies.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as EMT expenses, X-ray expenses, ambulance fees, dental work and pain medications. They are often used in conjunction with a health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Liability coverages

Liability insurance protects you from damage or injury you incur to a person or their property that is your fault. This coverage protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things such as court costs, legal defense fees, medical expenses, loss of income and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive protection

This covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like a broken windshield, hitting a deer, falling objects, vandalism and fire damage. The maximum payout your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision insurance

Collision insurance covers damage to your Edge caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like crashing into a building, colliding with a tree, colliding with another moving vehicle and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Uninsured or underinsured coverage

This coverage provides protection from other motorists 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 Ford Edge.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally the UM/UIM limits are set the same as your liablity limits.

Saving money is sweet as honey

When buying insurance coverage, do not sacrifice coverage to reduce premiums. In many cases, an insured dropped liability limits or collision coverage only to find out that the savings was not a smart move. Your aim should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

Throughout this article, we presented many tips how you can reduce 2014 Ford Edge insurance prices online. The key concept to understand is the more rate quotes you have, the higher your chance of finding low cost insurance coverage. Consumers may even find the lowest priced insurance coverage comes from a small mutual company. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as GEICO and State Farm.

To learn more, feel free to visit the resources below: