1996 Ford Five Hundred Car Insurance Cost

Expensive auto insurance can consume your savings and require stricter spending habits. Doing a price comparison can be a smart way to reduce premiums and put more money in your pocket.

Many auto insurance companies compete for your insurance dollar, so it can be very hard to choose a company and get the best coverage at the best rate

Auto Insurance Discounts

Companies offering auto insurance don’t always publicize their entire list of discounts very well, so the list below contains both the well known in addition to some of the lesser obvious credits that you can use to lower your rates.

  • Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts can get savings of 20 to 30 percent.
  • Safe Driver Discount – Safe drivers can pay as much as 50% less for Five Hundred insurance than drivers with accidents.
  • Auto/Home Discount – If you have multiple policies and insure them both with the same insurance company you could earn a discount of nearly 15% which can help you find cheap car insurance.
  • Homeowners Savings – Just being a homeowner can save a few bucks because of the fact that having a home requires personal responsibility.
  • Lower Rates for Military – Having a deployed family member may qualify for rate reductions.
  • E-sign – A few auto insurance companies give back up to $50 for buying your policy on the internet.
  • More Vehicles More Savings – Insuring more than one vehicle on one policy can reduce the rates for all insured vehicles.
  • Savings for New Vehicles – Adding a new car to your policy can cost up to 25% less due to better safety requirements for new vehicles.
  • Safety Restraint Discount – Using a seat belt and requiring all passengers to buckle their seat belts could save 15% on medical payment and PIP coverage.

As a sidenote, most of the big mark downs will not be given the the whole policy. Some only reduce the price of certain insurance coverages like liability and collision coverage. Just because it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous.

To see companies with significant discounts, click here.

How to get insurance coverage rate quotes

The are a couple different ways to compare rate quotes from many different insurance companies. By far the easiest way to find competitive 1996 Ford Five Hundred insurance rates is to get quotes online. It is quite easy and can be accomplished in a couple of different ways.

If you’re in a hurry, the quickest way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This form saves time by eliminating separate quotation requests for every insurance coverage company. One form submission gets prices estimates from many national carriers.

A more time consuming way to get quotes online is spending the time to visit the website for every company you want to comare and repeat the quote process again and again. For examples sake, we’ll assume you want comparison quotes from Liberty Mutual, Safeco and Geico. In order to compare rates, you need to spend time on each company’s site and enter your policy data, which can get old fast.

To view a list of companies in your area, click here.

If you have time to kill, the last way to compare price estimates is actually driving to insurance agencies in your area. Doing it all online can eliminate the need for a local agent unless you’re the type of person who wants the trained guidance of an agent trained in personal lines coverage. Although, it is possible get prices online but purchase the actual policy in an agency.

Compare rates however you want, just compare nearly identical information for each price quote. If your comparisons have differing limits you will not be able to make a fair rate comparison. Having just a slight variation in limits may cause a big price difference. It’s important to know that comparing a large number of companies increases the change that you will find a better price.

Tailor your auto insurance coverage to you

When it comes to choosing the right insurance coverage, there really is not a best way to insure your cars. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions can aid in determining if your situation may require specific advice.

  • How do I insure my teen driver?
  • If I drive on a suspended license am I covered?
  • Does my 1996 Ford Five Hundred need full coverage?
  • Does liability extend to a camper or trailer?
  • Should I waive the damage coverage when renting a car?
  • How much liability do I need to cover my assets?
  • What is the rate difference between pleasure use and commuting?
  • Am I covered when pulling a rental trailer?
  • Is my vehicle covered by my employer’s policy when using it for work?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Auto insurance 101

Learning about specific coverages of your car insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. These are the normal coverages found on most car insurance policies.

Medical expense coverage – Med pay and PIP coverage reimburse you for bills for things like funeral costs, EMT expenses, rehabilitation expenses and doctor visits. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. It covers all vehicle occupants as well as any family member struck as a pedestrian. PIP is not available in all states and may carry a deductible

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Liability coverages – Liability coverage provides protection from damage that occurs to people or other property by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things such as loss of income, repair costs for stationary objects and attorney fees. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

Comprehensive protection – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things like hitting a bird, a broken windshield, fire damage, rock chips in glass and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverages – This pays for damage to your Five Hundred caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims like colliding with a tree, sustaining damage from a pot hole, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Don’t be a big spender

We just showed you a lot of tips how to get a better price on 1996 Ford Five Hundred insurance. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your car insurance rates. Consumers may even find the lowest rates come from a small mutual company. Regional companies can often provide lower car insurance rates in certain areas compared to the large companies like Allstate, Geico and Progressive.

When you buy car insurance online, you should never skimp on critical coverages to save a buck or two. In many cases, an insured cut comprehensive coverage or liability limits only to find out that it was a big error on their part. Your objective should be to buy enough coverage at the best possible price.

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