View 1997 Ford Five Hundred Insurance Quotes

Did budget coverage turn out to be an underperforming, overpriced auto insurance policy? You’re preaching to the choir because many drivers have buyer’s remorse.

Online insurance companies like Geico, Farmers Insurance and State Farm promote their brand names with catchy ads and it is challenging if not impossible to see past the geckos and flying pigs and effectively compare rates to find the best deal.

It’s a good habit to get comparison quotes once or twice a year due to the fact that insurance prices go up and down regularly. Even if you think you had the best deal on Five Hundred coverage two years ago other companies may now be cheaper. Block out anything you think you know about auto insurance because we’re going to show you how to use the internet to lower your annual insurance bill.

If you are paying for car insurance now, you will be able to save some money using this information. Choosing the best insurance company for you is not rocket science. Although car owners should learn the way companies sell online and take advantage of how the system works.

Insurance coverage discounts help slash rates

Car insurance can cost a lot, but there could be available discounts that you may not know about. Many of these discounts will be applied automatically at the time you complete a quote, but occassionally some discounts must be specifically requested in order for you to get them.

  • Military Deployment Discount – Being deployed in the military may lower your prices slightly.
  • Resident Student – who attend college more than 100 miles from home and won’t have access to an insured vehicle could get you a discount.
  • Passive Restraints – Factory options such as air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
  • Auto/Life Discount – Insurance carriers who offer life insurance give lower rates if you buy some life insurance in addition to your auto policy.
  • Good Students Pay Less – Being a good student could provide a savings of up to 20% or more. The good student discount can last up until you turn 25.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Ford may enable drivers to earn lower prices on the low mileage vehicles.
  • New Car Discount – Putting insurance coverage coverage on a new car may earn a small discount since newer vehicles have better safety ratings.
  • Senior Citizens – If you qualify as a senior citizen, you may receive a discount up to 10% on Five Hundred coverage.
  • No Charge for an Accident – Not a discount per se, but a handful of insurance companies will forgive one accident without raising rates as long as you don’t have any claims for a set time period.
  • Drive Safe and Save – Insureds who avoid accidents may save up to 50% more on Five Hundred coverage than drivers with accidents.

A quick disclaimer, some credits don’t apply to the entire cost. Most cut individual premiums such as liability, collision or medical payments. So even though you would think adding up those discounts means a free policy, you won’t be that lucky. But all discounts will positively reduce the premium cost.

Car insurance companies that possibly offer these money-saving discounts possibly include:

If you need cheaper car insurance quotes, ask each company or agent which discounts you may be entitled to. Some of the earlier mentioned discounts may not apply to policyholders in your area.

The Ford Five Hundred insurance cost equation

Many different elements are considered when quoting car insurance. A few of the factors are predictable such as traffic violations, but others are more obscure such as your marital status or your vehicle rating.Smart consumers have a good feel for the rating factors that are used to determine your auto insurance rates. If you have some idea of what influences your rates, this enables informed choices that can earn you much lower annual insurance costs.

  • Five star IIHS safety rating saves money – Cars with high safety ratings tend to have lower insurance rates. Safer cars result in less severe injuries and better occupant protection means less money paid by your insurance company and thus lower rates. If the Ford Five Hundred is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Where you live – Having an address in a rural area is a good thing if you are looking for the lowest rates. Fewer drivers on the road means reduced accidents in addition to lower liability claims Residents of big cities regularly have more traffic problems and higher rates of accident claims. More time commuting means higher likelihood of an accident.
  • How your age affects rates – Drivers with little experience are statistically shown to be inattentive when driving and because of this, their auto insurance rates are much higher. Older people tend to be more responsible, statistically cause fewer accidents and receive fewer citations.
  • Don’t skimp on liability protection – Liability coverage is the protection in the event that you are responsible for causing personal injury or damage in an accident. This coverage provides for a legal defense to defend your case. Liability is cheap compared to other policy coverages, so drivers should carry high limits.
  • Adjust comp and collision deductibles and save – Protection for physical damage, aka comp and collision, is used to repair damage to your Ford. Some examples of claims that would be covered would be a dented fender, collision with an animal, and having your car stolen. The deductibles define how much you are willing to pay if a covered claim is submitted. The larger the amount you have to pay, the less your company will charge you for insurance on Five Hundred coverage.
  • Never let your auto insurance expire – Allowing your coverage to lapse is a fast way to drive up your policy premiums. And not only will your rates increase, getting caught without coverage will get you a hefty fine and possibly a revoked license.

Which is the best auto insurance?

When it comes to choosing adequate coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions might point out whether or not you would benefit from professional advice.

  • Does having multiple vehicles earn me a discount?
  • Am I covered when pulling a rental trailer?
  • Can I rent a car in Mexico?
  • Why do I only qualify for high-risk insurance?
  • Does medical payments coverage apply to all occupants?
  • What if I owe more than I can insure my car for?
  • Does my medical payments coverage pay my health insurance deductible?
  • Does insurance cover damages from a DUI accident?

If you’re not sure about those 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, complete this form or you can go here for a list of companies in your area.

Auto insurance 101

Knowing the specifics of your car insurance policy aids in choosing which coverages you need and proper limits and deductibles. Car insurance terms can be confusing and coverage can change by endorsement. Listed below are typical coverage types available from car insurance companies.

Coverage for medical expenses – Coverage for medical payments and/or PIP pay for bills like doctor visits, pain medications and chiropractic care. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Comprehensive car insurance – This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, vandalism, damage from getting keyed, damage from flooding and fire damage. The maximum payout your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverages – This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as sustaining damage from a pot hole, colliding with another moving vehicle, backing into a parked car and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Coverage for uninsured or underinsured drivers – This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your Ford Five Hundred.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Coverage for liability – Liability coverage protects you from damage or injury you incur to a person or their property. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as court costs, pain and suffering, repair bills for other people’s vehicles, funeral expenses and medical services. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

In the end, you save

Cheaper car insurance is attainable online as well as from insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers may not have online price quotes and these smaller companies sell through independent insurance agents.

When searching for inexpensive car insurance quotes, you should never reduce coverage to reduce premium. There are too many instances where an insured dropped full coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy enough coverage at the best possible price while not skimping on critical coverages.

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