Lower Your 2003 Ford Five Hundred Car Insurance Quotes

Looking for the cheapest auto insurance rates for your Ford Five Hundred? Sick and tired of not being able to scrape enough together to insure your Ford every month? You are no different than many other drivers.

Insurance companies such as Geico and Progressive constantly blast consumers with catchy ads and it is difficult to ignore the promise of big savings and take the time to shop coverage around.

Cheap insurance coverage rates with discounts

Insuring your vehicles can cost a lot, but you might find some hidden discounts that could help you make your next renewal payment. Certain credits will be shown when you purchase, but a few must be inquired about prior to getting the savings. If they aren’t giving you every credit you qualify for, you are just wasting money.

  • Safety Restraint Discount – Buckling up and requiring all passengers to use a seat belt may be able to save a few bucks on medical payment and PIP coverage.
  • Switch and Save Discount – A few insurance companies give discounts for switching companies early. The savings is around 10%.
  • Multi-policy Discount – If you have multiple policies with one insurance company you could save up to 20% and get you inexpensive auto insurance.
  • Military Deployment Discount – Being deployed in the military can result in better insurance coverage rates.
  • Distant Student Discount – Any of your kids who live away from home at college without a vehicle on campus could get you a discount.
  • Defensive Driver Discount – Successfully completing a class that teaches defensive driving techniques could possibly earn you a 5% discount depending on where you live.
  • Multi-car Discount – Buying a policy with multiple cars on the same insurance coverage policy qualifies for this discount.
  • Claim Free – Drivers with accident-free driving histories get the best insurance coverage rates as opposed to policyholders that have many claims.
  • Smart Student Discounts – Getting good grades can get you a discount of up to 25%. Earning this discount can benefit you until age 25.

Don’t be surprised that some credits don’t apply the the whole policy. Most only reduce specific coverage prices like comprehensive or collision. Even though the math looks like you can get free auto insurance, insurance companies wouldn’t stay in business. Any amount of discount should help reduce your premiums.

A few of the larger companies and their offered discounts are outlined below.

  • State Farm offers discounts including good student, safe vehicle, Steer Clear safe driver discount, multiple policy, good driver, and accident-free.
  • Farmers Insurance has savings for youthful driver, switch companies, mature driver, teen driver, good student, and pay in full.
  • Geico offers discounts for air bags, driver training, military active duty, daytime running lights, multi-policy, membership and employees, and emergency military deployment.
  • American Family policyholders can earn discounts including defensive driver, mySafetyValet, multi-vehicle, accident-free, Steer into Savings, and good student.
  • Nationwide includes discounts for family plan, easy pay, defensive driving, anti-theft, and multi-policy.
  • Progressive has discounts for multi-vehicle, good student, online quote discount, multi-policy, continuous coverage, homeowner, and online signing.

Before purchasing a policy, check with every insurance company the best way to save money. Some discounts may not apply to policies in your area. For a list of insurance companies who offer cheap insurance coverage quotes, click here to view.

How to buy insurance online

The majority of larger companies such as State Farm, Allstate and Geico make it easy to get price estimates directly from their websites. Obtaining pricing is pretty painless as you simply type in your coverage information into the form. After the form is submitted, their system will order your driving record and credit report and gives you a price quote based on these factors. Online price estimates helps simplify price comparisons, but the work required to visit many different websites and complete many quote forms is a waste of time. Unfortunately, it is important to do this in order to get better insurance pricing.

There is an easier way!

A better way to locate the lowest prices uses just one form to get prices from more than one company. This type of form saves time, reduces the work, and makes online quotes much more efficient. After sending the form, it is quoted and you can choose any of the pricing results. If you find a better price it’s easy to complete the application and purchase the new policy. The whole process takes just a few minutes to complete and you will know how your current rates stack up.

To quickly find out how much you’re overpaying now, click here to open in new window and input your coverage information. If you currently have coverage, we recommend you copy coverages and limits identical to your current policy. This makes sure you will receive an apples-to-apples comparison for similar coverage.

Ford Five Hundred insurance cost factors

Lots of factors are part of the equation when you quote your car insurance policy. A few of the factors are predictable like a motor vehicle report, although others are not as apparent like your continuous coverage or how safe your car is.It’s important that you understand some of the elements that go into determining your insurance rates. If you have a feel for what positively or negatively impacts your premiums, this allows you to make good choices that may result in better insurance rates.

The factors shown below are some of the most common factors insurance companies consider when setting premiums.

  • Is your vehicle theft-ready? – Buying a car that has an advanced theft prevention system can save you a little every year. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms all hinder your car from being stolen.
  • Mature drivers save more – Inexperience drivers are statistically shown to get distracted easily when driving with friends so they pay higher insurance rates. More experienced drivers are viewed as being more responsible, cost insurance companies less in claims and get fewer tickets.
  • Don’t cut corners with liability – The liability coverage on your policy kicks in when a jury decides you are liable for an accident. It will provide you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
  • Too many insurance claims drive up insurance rates – If you are the type of insured that files lots of claims you shouldn’t be surprised to get either a policy non-renewal or much higher rates. Companies generally give better rates to people who file claims infrequently. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Drivers with responsible credit save on insurance – Having a bad credit history can be an important factor in determining your rates. Insureds with excellent credit tend to file fewer claims as compared to drivers with lower credit scores. If your credit history is lower than you’d like, you could save money insuring your 2003 Ford Five Hundred if you clean up your credit.

Tailor your car insurance coverage to you

When it comes to choosing adequate coverage, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that could help you determine if you might need an agent’s assistance.

  • Am I covered when driving a rental car?
  • Do I need motorclub coverage?
  • Am I covered when delivering products for my home-based business?
  • I have health insurance so do I need medical payments coverage?
  • How many claims can I have before being cancelled?
  • How can I get my company to pay me more for my totalled car?
  • Where can I get insurance after a DUI in my state?
  • What is medical payments coverage?
  • Can I afford to buy a different vehicle if my 2003 Ford Five Hundred is totaled?
  • Am I covered if I break a side mirror?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Educate yourself about insurance coverages

Understanding the coverages of your insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages offered by insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and also any damage incurred to your Ford Five Hundred.

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. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as theft, falling objects, hitting a bird and hail damage. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability coverage

Liability coverage protects you from injuries or damage you cause to people or other property that is your fault. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability can pay for claims such as medical expenses, loss of income and attorney fees. How much coverage you buy is your choice, but consider buying as high a limit as you can afford.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like nursing services, rehabilitation expenses and dental work. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Collision coverage protection

Collision coverage covers damage to your Five Hundred resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like sideswiping another vehicle, colliding with a tree, scraping a guard rail, rolling your car and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Spend less. Save more.

Some insurance providers do not provide price quotes online smaller providers only sell coverage through local independent agencies. Discount 2003 Ford Five Hundred insurance is possible online in addition to local insurance agencies, and you need to comparison shop both to get a complete price analysis.

When trying to cut insurance costs, make sure you don’t skimp on critical coverages to save a buck or two. In too many instances, consumers will sacrifice full coverage only to regret at claim time that it was a big error on their part. The aim is to purchase a proper amount of coverage for the lowest cost.

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