1990 Ford Five Hundred Car Insurance Rates – 5 Savings Tips

When trying to find lower-priced insurance, are you frustrated by the number of insurance sources? There are such a large number of options that it can really be a burden to find the perfect company for you.

Get affordable insurance quotes with discounts

Some insurers do not list the complete list of policy discounts in a way that’s easy to find, so below is a list some of the more common in addition to some of the lesser obvious insurance savings.

  • Drive Safe and Save – Drivers without accidents can save up to 40% or more on their auto insurance quote on Five Hundred insurance than drivers with accident claims.
  • Anti-theft System – Cars with anti-theft systems can help prevent theft so companies will give you a small discount.
  • Good Students Pay Less – This discount can be rewarded with saving of up to 25%. You can use this discount normally up to age 25.
  • ABS and Traction Control Discounts – Cars, trucks, and SUVs that have anti-lock braking systems are much safer to drive and therefore earn up to a 10% discount.
  • College Student – Older children who are attending college and do not take a car to college can receive lower rates.

It’s important to understand that most discounts do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like adding up those discounts means a free policy, that’s just not realistic. But all discounts should help reduce the amount you have to pay.

A list of insurance companies and a selection of discounts are detailed below.

  • State Farm includes discounts for student away at school, driver’s education, accident-free, multiple policy, multiple autos, good driver, and passive restraint.
  • Liberty Mutual may have discounts that include safety features, newly retired, hybrid vehicle, newly married, and new vehicle discount.
  • American Family policyholders can earn discounts including accident-free, multi-vehicle, good student, TimeAway discount, and bundled insurance.
  • Progressive discounts include good student, homeowner, online quote discount, multi-vehicle, online signing, and multi-policy.
  • Farmers Insurance offers discounts including business and professional, alternative fuel, distant student, switch companies, and good student.
  • Auto-Owners Insurance offers premium reductions for teen driver, paid in full, good student, safe driver, student away at school, multi-policy, and anti-lock brakes.
  • SAFECO has discounts for drive less, bundle discounts, anti-theft, multi-car, teen safe driver, and teen safety rewards.

When getting free auto insurance quotes, it’s a good idea to each company or agent which discounts can lower your rates. Depending on the company, some discounts may not apply to policies in your area. To choose insurers that offer the discounts shown above, follow this link.

How much does car insurance cost?

The majority of larger companies make it easy to get prices for coverage direct online. The process doesn’t take much effort because you just enter your required coverages as requested by the quote form. Behind the scenes, the quote system will obtain your driving record and credit report and gives you a price quote based on these and other factors.

Quoting online makes it a lot easier to compare rates but the time required to go to each company’s website and repetitively type in the same information can get tiresome after awhile. But it’s necessary to do this if you want to find lower prices.

The better way to compare rates

The quickest way to find better car insurance pricing utilizes a single form that analyzes rates from multiple companies. This type of form saves time, eliminates repetitive work, and makes online shopping much easier to do. After your information is entered, it is rated with multiple companies and you can pick any one of the returned quotes.

If a lower price is quoted, you can simply submit the application and buy the policy. The entire process takes just a few minutes to complete and may result in a nice savings.

To save time and compare rates using this form now, simply click here to open in new window and enter your information. If you currently have coverage, we recommend you replicate the limits and deductibles as close as possible to your current policy. This helps ensure you will receive a price comparison based on similar coverages.

Tailor your insurance coverage coverage to you

When choosing the right insurance coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different.

For instance, these questions may help highlight whether you might need an agent’s assistance.

  • Do I pay less for low miles?
  • How many claims can I have before being cancelled?
  • Am I covered if I break a side mirror?
  • Am I covered when driving on a suspended license?
  • Is my ex-spouse still covered by my policy?
  • Why am I required to get a high-risk car insurance policy?
  • When can I cancel my policy?
  • Does coverage extend to a rental car in a foreign country?
  • How does medical payments coverage work?
  • Will my vehicle be repaired with OEM or aftermarket parts?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form.

Car insurance myths debunked

Companies like 21st Century, Allstate and State Farm regularly use television and radio advertisements. They all tend to make the same promise of big savings after switching your coverage to them. But how can every company give you a better price?

All the different companies look for specific characteristics for the type of driver that will be a good risk. An example of this type of risk profile could possibly be over the age of 40, has no tickets, and insures a new vehicle. Any driver who matches that profile will get very good prices and most likely will save when switching.

Potential customers who don’t meet the requirements will probably be forced to pay a higher premium and this results in business going elsewhere. The trick is to say “customers who switch” but not “everyone who gets a quote” will save that much if they switch. That’s why insurance companies can state the savings.

Because each company has a different risk profile, you need to get price quotes at each policy renewal. Because without a comparison, you cannot know which company will provide the lowest prices.

Insurance coverage specifics

Understanding the coverages of a insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive coverages

Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, falling objects, vandalism and damage from flooding. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Med pay and PIP coverage pay for immediate expenses like hospital visits, surgery, EMT expenses and chiropractic care. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Collision protection

This will pay to fix damage to your Five Hundred from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with a tree, backing into a parked car, sideswiping another vehicle and driving through your garage door. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

Liability coverage

This can cover damages or injuries you inflict on people or other property. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like repair bills for other people’s vehicles, loss of income, funeral expenses, bail bonds and repair costs for stationary objects. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Shop Smart and Save

Discount 1990 Ford Five Hundred insurance can be sourced on the web as well as from independent agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who do not provide rate quotes online and most of the time these regional carriers work with local independent agencies.

We just showed you quite a bit of information on how to compare 1990 Ford Five Hundred insurance prices online. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from the least-expected company.

As you go through the steps to switch your coverage, don’t be tempted to reduce coverage to reduce premium. In too many instances, someone sacrificed full coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your aim should be to find the BEST coverage at the best price but still have enough coverage for asset protection.

Much more information about insurance coverage is located at the links below