Lower Your 2010 Ford Edge Insurance Cost

Want cheaper insurance rates for your Ford Edge? Using the web to shop for insurance quotes online can be difficult if you’ve never received online quoting. But don’t be overwhelmed because using the internet to shop for insurance is actually quite easy.

It is always a good idea to shop coverage around on a regular basis since insurance prices are constantly changing. Even if you got the best rate for Edge insurance a few years ago there is a good chance you can find better premium rates now. Block out anything you think you know about insurance because you’re going to learn the easiest way to find better rates and still maintain coverage.

If you are paying for car insurance now, you should be able to reduce your rates substantially using these methods. Buying the cheapest auto insurance coverage is not that difficult. But vehicle owners can benefit from knowing how the larger insurance companies determine prices and take advantage of how the system works.

Cheapest car insurance quotes

The are a couple different ways to compare prices from many car insurance companies in your state. The easiest way by far to find cheaper 2010 Ford Edge rates is to perform an online rate comparison. It’s really quite simple and can be done by using one of the methods below.

Experts agree that the best way to compare a lot of rates at once is to use a rate comparison form click to view form in new window. This style of form keeps you from doing repetitive form submissions for every prospective company. One simple form gets you coverage quotes from all major companies. This is by far the quickest method.

A more time consuming way to shop for car insurance online requires a trip to each company’s website and fill out their own quote form. For instance, we’ll assume you want to compare prices for USAA, Progressive and State Farm. To find out each rate you need to navigate to each company’s site and type in your information over and over, which is why first method is reommended.

For a list of links to companies insuring cars in your area, click here.

The most difficult method to shop rates is making phone calls or going to each insurance agency near you. Comparing rate quotes online eliminates the middleman unless you have a complicated situation and need the professional abilities of a licensed agent. Some companies do allow you to obtain prices from the web but purchase the actual policy in an agency.

It’s your choice how you get your quotes, but make sure you are using identical coverage data with every price quote. If you compare differing limits you can’t possibly get a fair rate comparison. Just slight variations in limits may result in large price differences. And when price shopping your coverage, more quotes provides better odds of finding a lower rate than you’re paying now.

Six factors that influence insurance premiums

Multiple criteria are taken into consideration when you quote your car insurance policy. Some are obvious like your driving record, but others are less obvious like your continuous coverage or your commute time.

Listed below are a few of the “ingredients” used by insurance companies to determine your rates.

  • Premiums may be higher where you live – Living in a small town can save you money when insuring your vehicles. City drivers tend to have congested traffic and longer commutes to work. Fewer drivers and short commutes means reduced accidents and lower theft and vandalism rates.
  • Keep rates low by being claim-free – If you are the type of insured that files lots of claims you can pretty much guarantee either policy cancellation or increased premiums. Insurance companies give the best rates to people who are not frequent claim filers. Your car insurance is intended for claims that you cannot pay yourself.
  • Low mileage costs less – The more you drive annually the higher the price you pay to insure it. Most companies calculate rates based upon how much you drive. Vehicles not used for work or commuting qualify for better rates than those that get driven frequently. An incorrectly rated Edge can result in significantly higher rates. Make sure your insurance coverage policy correctly shows the correct usage.
  • Avoid traffic tickets – Being a careful driver impacts your car insurance rates tremendously. Even a single speeding ticket or other violation can increase the cost of insurance twenty percent or more. Drivers who don’t get tickets have lower premiums compared to bad drivers. People who have dangerous violations such as reckless driving, hit and run or driving under the influence may find that they have to to prove financial responsibility with the DMV in their state in order to continue driving.
  • Low physical damage deductibles can be expensive – Comp and collision deductibles define the amount you are willing to pay out-of-pocket if the claim is covered. Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of some claims that would be covered are colliding with a stationary object, hail damage, and damage from wind. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance for Edge insurance.
  • You may save more by consolidating policies – The majority of companies provide better rates for people who carry more than one policy, otherwise known as a multi-policy discount. Even with this discount applied, consumers should still compare rates to make sure you are getting the best deal. It’s possible to still find better rates by insuring with multiple companies.

Insurance coverage companies offer many discounts

Some companies do not list the entire discount list very clearly, so here is a list a few of the more common and the more hidden credits available to you.

  • College Student – Children who live away from home to go to college and don’t have a car could qualify for this discount.
  • Good Driver Discounts – Drivers who avoid accidents may receive a discount up to 45% for Edge insurance than drivers with accident claims.
  • Bundled Policy Discount – When you combine your auto and homeowners insurance with one insurance company you could get a discount of at least 10% off all policies.
  • Low Miles Discount – Keeping the miles down on your Ford could qualify for discounted prices on garaged vehicles.
  • Drivers Education – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education as it can save substantially.
  • Federal Government Employee – Simply working for the federal government can save as much as 8% for Edge insurance depending on your company.
  • Pay Upfront and Save – If you pay your bill all at once rather than paying monthly you could save 5% or more.

While discounts sound great, it’s important to understand that many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like all the discounts add up to a free policy, you aren’t that lucky.

To view insurers offering insurance coverage discounts, click this link.

Do I just need basic coverages?

When it comes to choosing the right insurance coverage for your vehicles, there is no one size fits all plan. Everyone’s needs are different.

These are some specific questions may help you determine if your insurance needs might need an agent’s assistance.

  • When can my company non-renew my policy?
  • Are rock chip repairs covered?
  • Do I need more liability coverage?
  • Can I make deliveries for my home business?
  • Do I need added coverage for expensive stereo equipment?
  • Am I covered if I hit a deer?
  • Am I covered if hit by an uninsured driver?
  • Does my liability insurance cover pulling a trailer or camper?
  • At what point should I drop full coverage?
  • What is medical payments coverage?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

Car insurance coverage options for a 2010 Ford Edge

Having a good grasp of your policy aids in choosing the right coverages and the correct deductibles and limits. Car insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Coverage for liability – Liability insurance protects you from injuries or damage you cause to other people or property in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage protects against claims like medical expenses, pain and suffering, attorney fees, loss of income and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as rehabilitation expenses, surgery, EMT expenses, ambulance fees and pain medications. They are often utilized in addition to your health insurance plan or if you do not have health coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Collision coverage – Collision insurance covers damage to your Edge caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as rolling your car, damaging your car on a curb, hitting a parking meter and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Comprehensive insurance – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like falling objects, damage from flooding, theft, fire damage and damage from a tornado or hurricane. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

You can do this!

Affordable 2010 Ford Edge insurance can be bought from both online companies in addition to many insurance agents, and you should compare rates from both in order to have the best price selection to choose from. There are still a few companies who may not have the ability to get quotes online and many times these smaller companies work with local independent agents.

Consumers switch companies for any number of reasons including policy cancellation, unfair underwriting practices, poor customer service or even delays in paying claims. It doesn’t matter why you want to switch finding a new company is not as hard as you think.

When trying to cut insurance costs, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, someone dropped liability limits or collision coverage only to regret at claim time they didn’t have enough coverage. Your objective should be to find the BEST coverage for the lowest cost while still protecting your assets.

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