Save on 2003 Ford Escort Car Insurance Quotes

Trying to find cheaper insurance rates? Buyers have lots of choices when searching for the lowest priced Ford Escort insurance. They can either spend hours calling around getting price quotes or save time using the internet to compare rates.

There are more efficient ways to compare insurance rates so we’re going to tell you the proper way to quote coverages on a Ford and locate the lowest price from both online companies and local agents.

Do you qualify for discounts?

Insuring your vehicles can cost a lot, but you might already qualify for some discounts that many consumers don’t even know exist. A few discounts will automatically apply when you quote, but some may not be applied and must be manually applied before you get the savings.

  • Life Insurance – Insurance companies who offer life insurance give a small discount if you purchase auto and life insurance together.
  • Online Discount – Many larger companies will discount your bill up to fifty bucks for completing your application on the internet.
  • Discount for Good Grades – This discount could provide a savings of up to 20% or more. Many companies even apply the discount to college students until age 25.
  • Multi-car Discount – Buying a policy with multiple cars or trucks on a single policy may reduce the rate for each vehicle.
  • Data Collection Discounts – People who choose to allow their auto insurance company to analyze driving habits through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive might see lower rates if they show good driving skills.
  • Professional Memberships – Affiliation with a professional or civic organization may earn a discount when getting a car insurance quote.

Discounts reduce rates, but you should keep in mind that most discounts do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like medical payments or collision. So when the math indicates it’s possible to get free car insurance, company stockholders wouldn’t be very happy. But all discounts will help reduce your policy cost.

To locate auto insurance companies with significant discounts, click here.

Ford Escort insurance premiums can be more affordable

Multiple criteria are part of the calculation when premium rates are determined. Some are obvious like a motor vehicle report, but others are more obscure such as your credit history and annual miles driven.A large part of saving on insurance coverage is knowing a few of the rating criteria that play a part in calculating your premiums. If you know what determines base rates, this enables informed choices that could result in cheaper rates.

The factors shown below are some of the items companies use to determine your rate level.

  • Save by driving vehicles with better crash test results – Vehicles that have high safety ratings tend to have better insurance rates. These vehicles result in less severe injuries and better occupant protection means lower claim amounts and more competitive rates for policyholders. If the Ford Escort scored better than four stars on Safercar.gov you may be receiving a better rate.
  • Improve your credit score and save – Having a bad credit score will be a significant factor in your rate calculation. If your credit is lower than you’d like, you could save money insuring your 2003 Ford Escort if you clean up your credit. Drivers who have excellent credit tend to be better drivers and file fewer claims as compared to drivers with lower ratings.
  • More than one policy can earn a discount – Many insurance coverage companies apply discounts for people that buy multiple policies. It’s known as a multi-policy discount. Even with this discount applied, it’s still a good idea to compare other insurance prices to help ensure you have the lowest rates.
  • Which gender costs less? – Statistics show women are more cautious behind the wheel. The data does not necessarily mean that women are BETTER drivers than men. Both genders are responsible for at-fault accidents in similar numbers, but the male of the species tend to have more serious accidents. Men also statistically get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly.
  • Responsible drivers pay better costs – Having a clean driving record has a huge affect on how much you pay. Good drivers get better rates than their less careful counterparts. Just one speeding ticket or other violation can increase rates by as much as thirty percent. Drivers who have serious tickets such as reckless driving or DUI might be required by their state to submit a SR-22 or proof of financial responsibility with their state in order to prevent their license from being revoked.
  • Never let your insurance coverage expire – Driving your car without having proper coverage is a big no-no and as a result your rates will increase for letting your coverage have a gap. And not only will your rates increase, getting caught without coverage could earn you fines and jail time.
  • Married people drive safer – Having a spouse actually saves money on your policy. Marriage demonstrates that you tend to be more mature and responsible it has been statistically shown that drivers who are married file infrequent claims.
  • Discounts for GPS tracking and theft deterrents – Choosing to buy a car with a theft deterrent system can earn a premium discount. Systems that thwart theives like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping car theft.

Don’t assume everyone needs the same auto insurance coverage

When buying the right insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different.

Here are some questions about coverages that may help highlight if you will benefit from professional help.

  • Does my policy cover me when driving someone else’s vehicle?
  • Are rock chip repairs covered?
  • Are all vehicle passengers covered by medical payments coverage?
  • Does my policy cover my teen driver if they drive my company car?
  • What is UM/UIM insurance?
  • Am I covered if I drive in a foreign country?
  • Can I afford to buy a different vehicle if my 2003 Ford Escort is totaled?
  • When would I need rental car insurance?
  • Why am I required to get a high-risk car insurance policy?
  • What is medical payments coverage?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and may give you better protection.

Insurance coverages and their meanings

Having a good grasp of your insurance policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Protection from uninsured/underinsured drivers – This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your Ford Escort.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive (Other than Collision) – This covers 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 can pay for things such as falling objects, vandalism, damage from flooding and hail damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability – Liability coverage can cover damage that occurs to other people or property by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Another option is one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like structural damage, attorney fees, funeral expenses, repair costs for stationary objects and legal defense fees. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Medical expense insurance – Med pay and PIP coverage reimburse you for expenses like ambulance fees, chiropractic care, nursing services and EMT expenses. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision – Collision coverage pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a building, driving through your garage door, damaging your car on a curb and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Be a money saver!

You just learned a lot of tips how to reduce 2003 Ford Escort insurance prices online. The most important thing to understand is the more quotes you get, the better your comparison will be. Drivers may discover the biggest savings come from the least-expected company.

As you shop your coverage around, do not buy less coverage just to save a little money. There are a lot of situations where consumers will sacrifice liability coverage limits and discovered at claim time that the savings was not a smart move. The goal is to get the best coverage possible for the lowest cost, not the least amount of coverage.

Insureds switch companies for a number of reasons such as denial of a claim, high prices, extreme rates for teen drivers or delays in paying claims. It doesn’t matter what your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

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