2005 Ford Five Hundred Car Insurance Quotes

No sane person likes paying for car insurance, in particular when the price is too high. There are many insurers to purchase coverage from, and although it’s a good thing to have a selection, more options can take longer to get the best deal.

It’s smart to do price comparisons as often as possible because car insurance prices change regularly. If you had the best rate for Five Hundred insurance on your last policy you can probably find a lower rate today. There are a lot of ways to save on car insurance out there, but in just a couple of minutes you can learn the easiest ways to reduce your car insurance bill.

Finding affordable protection is easy if you know what you’re doing. If you have a current car insurance policy or are shopping for new coverage, you can learn to cut your premiums and possibly find even better coverage. Vehicle owners just need to learn the best way to compare rates on the web.

Car insurance policy discounts you can’t miss

Not many people think insurance is cheap, but there are discounts available that could help you make your next renewal payment. Certain reductions will be credited when you quote, but some must be requested specifically in order for you to get them.

  • Accident Waiver – This isn’t a discount exactly, but companies like Allstate, Progressive, and Geico permit an accident without getting socked with a rate hike so long as you are claim-free for a specific time period.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle up can save 10% or more on the medical payments or PIP coverage costs.
  • Membership in Organizations – Affiliation with qualifying employment or professional organizations can get you a small discount when shopping for car insurance.
  • Sign Early and Save – A few companies give discounts for renewing your policy before your current expiration date. It can save you around 10%.
  • Discount for Passive Restraints – Cars that have air bags may earn rate discounts of 25 to 30%.
  • Discounts for Government Workers – Active or former government employment could provide a small rate reduction for Five Hundred insurance with some car insurance companies.

You should keep in mind that some credits don’t apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think it’s possible to get free car insurance, it doesn’t quite work that way.

The best car insurance companies and some of their more popular discounts are included below.

  • State Farm may have discounts that include good student, multiple autos, Steer Clear safe driver discount, multiple policy, and anti-theft.
  • American Family offers discounts for mySafetyValet, good driver, early bird, multi-vehicle, and TimeAway discount.
  • Geico includes discounts for anti-lock brakes, military active duty, seat belt use, driver training, and daytime running lights.
  • 21st Century may offer discounts for early bird, automatic seat belts, driver training, teen driver, student driver, and homeowners.
  • Progressive has savings for homeowner, continuous coverage, multi-vehicle, online quote discount, and multi-policy.

Before you buy a policy, ask all the companies to apply every possible discount. Some discounts may not be available in your state. To see a list of insurers offering car insurance discounts, click this link.

What impacts Ford Five Hundred insurance costs?

Part of the car insurance buying process is learning a few of the rating criteria that help determine your policy premiums. If you have some idea of what determines premiums, this enables informed choices that may reward you with lower premium levels.

  • Premiums are lower the older you get – More mature drivers are more responsible, tend to cause fewer accidents and receive fewer citations.Young drivers have a tendency to be inattentive when driving so car insurance rates are higher.
  • Your address can modify rates – Having an address in a rural area may provide you with better prices if you are looking for the lowest rates. Fewer drivers and short commutes means fewer accidents and lower theft and vandalism rates. People in densly populated areas have more aggressive driving styles and longer commute times. More time on the road translates into higher accident risk.
  • Be proud to be claim-free – Insurance companies generally give better rates to policyholders who file claims infrequently. If you’re an insured who likes to file claims you can pretty much guarantee either higher rates or even cancellation. Your insurance policy is intended for the bigger claims that can’t be paid out-of-pocket.
  • Better prices on cars with good safety ratings – Vehicles with high crash test scores tend to be cheaper to insure. These vehicles protect occupants better and fewer serious injuries means your insurance company pays less and cheaper rates on your policy.
  • High coverage deductibles save money – The deductibles you choose tell how much you are willing to pay before a claim is paid by your company. Physical damage coverage, also called comprehensive and collision insurance, protects your car from damage. A few examples of covered claims are collision with another vehicle, animal collisions, or theft of your vehicle. The higher the amount you choose to pay out-of-pocket, the lower your rates will be for Five Hundred insurance.

Insurance agents can help

When it comes to choosing the best insurance coverage, there isn’t really a one size fits all plan. Everyone’s needs are different and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if your situation will benefit from professional help.

  • What happens if I owe more than my 2005 Ford Five Hundred is worth?
  • What are the financial responsibility laws in my state?
  • Should I buy full coverage?
  • Does my liability insurance cover pulling a trailer or camper?
  • Do I have newly-aquired coverage?
  • Am I insured when driving a different vehicle?
  • How do I file an SR-22 for a DUI in my state?
  • Do I need roadside assistance coverage?
  • When does my teenage driver need to be added to my policy?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Advertising myths

Consumers constantly see and hear ads for cheaper insurance by companies like State Farm and Allstate. They all seem to make an identical promise that drivers can save some big amount just by moving your coverage.

But how can every company give you a lower rate?

Many companies give the cheapest rates for the type of customer that makes them money. One example of a desirable insured could possibly be a married female, is a homeowner, and the vehicle is rated for pleasure use. Someone who matches that profile gets the lowest rates and therefore will save quite a bit of money when switching.

Insureds who may not quite match the ideal profile will probably have to pay higher premium rates which results in the customer not purchasing. The ads say “customers who switch” but not “all drivers who get quotes” save the amount stated. That’s why companies can advertise the savings.

Because of this risk profiling, drivers must do a quote comparison often. Because you cannot predict the company that will provide the lowest car insurance rates.

Insurance coverage basics

Knowing the specifics of insurance can be of help when determining the right coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverage types found on the average insurance policy.

Liability coverage

Liability coverage provides protection from damages or injuries you inflict on people or other property that is your fault. It protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, 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 property damage coverage for $50,000. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as emergency aid, bail bonds, repair costs for stationary objects and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.

Medical payments and PIP coverage

Med pay and PIP coverage pay for immediate expenses for doctor visits, rehabilitation expenses, dental work and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Collision coverage

This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as crashing into a ditch, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your Ford Five Hundred.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits are set the same as your liablity limits.

Comprehensive auto coverage

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, damage from a tornado or hurricane and damage from flooding. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Be a smart shopper

We just showed you some good ideas how to lower your 2005 Ford Five Hundred insurance car insurance rates. The key concept to understand is the more price quotes you have, the better your chances of lowering your premium rates. Consumers may even find the lowest car insurance rates are with a smaller regional carrier. Regional companies can often provide lower premium rates in certain areas than the large multi-state companies such as State Farm and Allstate.

The cheapest 2005 Ford Five Hundred insurance can be purchased from both online companies as well as from independent agents, and you should be comparing both in order to have the best chance of saving money. A few companies may not have online price quotes and most of the time these small, regional companies only sell through independent agents.

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