How Much Does 2010 Ford Escape Insurance Cost?

Think you have an expensive insurance coverage policy? You’re preaching to the choir because there are lots of people in the same boat.

You have multiple car insurance companies to insure vehicles with, and although it’s a good thing to have multiple companies, lots of choices makes it harder to adequately compare rates.

How much does insurance cost?

There are a variety of methods to shop for insurance, but there is one way that is more efficient than others. You could spend your day driving to insurance agencies in your area, or you could save time and use online quotes to get prices fast.

Many of the larger companies enroll in a system that enables customers to submit one quote, and each company can give them a price for coverage. This saves time by eliminating quote requests to every company.

To find out how much you’re overpaying now click here to open in new window.

The one disadvantage to comparing rates this way is that consumers can’t choose the providers to get quotes from. So if you prefer to pick specific insurance companies for rate comparison, we have a listing of low cost insurance companies in your area. View list of insurance companies.

The approach you take is up to you, just do your best to enter nearly identical coverage limits and deductibles for each comparison quote. If you are comparing unequal deductibles or liability limits you will not be able to get a fair rate comparison. Even a minor difference in insurance coverages or limits could skew the results. Keep in mind that comparing a wide range of rates will enable you to find a better price.

But they said I’d save $475 a year!

Companies like State Farm and Allstate consistently run ads on TV and radio. All the ads make the point about saving some big amount if you just switch to their company. How does every insurance coverage company give you a better price? It’s all in the wording.

Different companies give the best rates for the type of driver they prefer to insure. For instance, a profitable insured might be described as over the age of 40, has never had a claim, and insures a new vehicle. Anyone that hits that “sweet spot” gets the lowest premium rates as well as save when switching.

Potential customers who don’t qualify for those criteria may receive higher premiums with the end result being the driver buying from a lower-cost company. The wording the ads use say “drivers who switch” not “everyone who quotes” can get the lowest rates when switching. That’s the way insurance companies can confidently make it sound like they have such great prices. Because each company has a different risk profile, it’s extremely important to get as many free insurance coverage quotes as possible. It is impossible to guess the company that will have the lowest rate quotes.

The Ford Escape insurance cost equation

Lots of factors are part of the equation when you quote your car insurance policy. Some of the criteria are obvious like a motor vehicle report, but other criteria are more transparent such as your credit history or your financial responsibility.It’s important that you understand the factors that go into determining the level of your policy premiums. When consumers understand what positively or negatively impacts your premiums, this enables you to make decisions that can earn you cheaper rates.

The factors shown below are just a few of the factors that factor into your rates.

  • Policy lapses lead to higher premiums – Having a gap between insurance policy dates is a fast way to pay more for car insurance. Not only will rates go up, getting caught without coverage can result in a hefty fine and possibly a revoked license.
  • Qualify for multi-policy discounts – Most larger insurers give discounts to buyers who consolidate policies with them in the form of a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even if you qualify for this discount already, you still need to get quotes from other companies to guarantee you are still saving the most.
  • Advanced alarm systems – Owning a car that has a built-in theft deterrent system can save you a little every year. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent vehicle theft.
  • Drive lots and pay more – Driving a lot of miles in a year the more it will cost to insure it. Most companies calculate rates based upon how the vehicle is primarily used. Cars and trucks that sit idle most of the time receive lower rates than vehicles that are driven to work every day. An incorrectly rated Escape can result in significantly higher rates. It’s a smart idea to ensure your policy properly reflects annual mileage.
  • Are you male or female? – Statistics show women are more cautious behind the wheel. Now that doesn’t mean women are better drivers. Men and women get in auto accidents in similar percentages, but the men cause more damage. They also receive more major tickets like driving under the influence (DUI). Youthful male drivers are several times more likely to be in an accident and therefore are the most expensive to insure.
  • High coverage deductibles save money – Deductibles for physical damage are the amount of money you are required to spend if a claim is determined to be covered. Physical damage insurance, also known as collision and other-than-collision, insures against damage to your car. Examples of some claims that would be covered are collision with another vehicle, damage from fire, or theft of your vehicle. The more damage repair cost the insured is willing to pay, the less your car insurance will be on Escape insurance.
  • Poor driving habits means higher costs – Good drivers tend to pay less for car insurance compared to bad drivers. Even one driving citation can increase rates forty percent or more. Drivers who get dangerous violations such as reckless driving or DUI might be required by their state to file a SR-22 with their state in order to keep their license.

Discount insurance coverage quotes

Car insurance companies don’t always list every discount in an easy-to-find place, so we took the time to find a few of the more common and the harder-to-find ways to save on insurance coverage.

  • Paperless Signup – Many larger companies will give you a small discount shop insurance coverage on their website.
  • Low Mileage – Fewer annual miles on your Ford can earn lower premium rates due to less chance of an accident.
  • Service Members Pay Less – Being deployed in the military could mean lower prices.
  • Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education if offered at their school.
  • Discounts for Safe Drivers – Drivers who avoid accidents could pay up to 40% less on Escape insurance compared to accident prone drivers.

Policy discounts save money, but most of the big mark downs will not be given the the whole policy. Most only cut individual premiums such as physical damage coverage or medical payments. Even though it may seem like adding up those discounts means a free policy, that’s just not realistic.

A few of the larger companies and their possible discounts are shown below.

  • State Farm may have discounts that include student away at school, accident-free, passive restraint, multiple policy, and Steer Clear safe driver discount.
  • Progressive offers discounts for online quote discount, homeowner, continuous coverage, multi-policy, and online signing.
  • Travelers may include discounts for IntelliDrive, student away at school, multi-car, hybrid/electric vehicle, good student, and driver training.
  • American Family includes discounts for TimeAway discount, good driver, mySafetyValet, Steer into Savings, defensive driver, and bundled insurance.
  • Liberty Mutual offers premium reductions for newly retired, safety features, good student, new vehicle discount, multi-car, and new move discount.

Before purchasing a policy, check with every prospective company to apply every possible discount. Discounts may not be offered in your area. If you would like to see a list of providers that can offer you the previously mentioned discounts, follow this link.

Tailor your insurance coverage coverage to you

When choosing proper insurance coverage, there really is not a “best” method to buy coverage. Every situation is different so this has to be addressed. For instance, these questions may help you determine if your situation might need professional guidance.

  • Does my liability insurance cover pulling a trailer or camper?
  • Is my teen driver covered when they drive my company car?
  • Does coverage extend to a rental car in a foreign country?
  • When do I need to add a new car to my policy?
  • What are the financial responsibility laws in my state?
  • Do I need added coverage for expensive stereo equipment?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Can I make deliveries for my home business?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Auto insurance 101

Having a good grasp of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. These are the normal coverages available from car insurance companies.

Comprehensive insurance

This will pay to fix 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 theft, rock chips in glass, damage from a tornado or hurricane and vandalism. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Auto collision coverage

Collision coverage pays for damage to your Escape resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as damaging your car on a curb, colliding with a tree, hitting a parking meter and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to increase the deductible to bring the cost down.

Coverage for liability

This coverage provides protection from damages or injuries you inflict on other’s property or people. It protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims like repair bills for other people’s vehicles, medical services, repair costs for stationary objects, bail bonds and emergency aid. How much liability should you purchase? That is your choice, but consider buying higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for immediate expenses like pain medications, nursing services, doctor visits, rehabilitation expenses and prosthetic devices. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Ford Escape.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Smart consumers save more

Cheap 2010 Ford Escape insurance can be found both online and from local insurance agents, and you should be comparing both to get a complete price analysis. Some insurance companies may not have internet price quotes and many times these small insurance companies provide coverage only through independent agencies.

As you quote insurance coverage, make sure you don’t reduce needed coverages to save money. There are a lot of situations where an insured dropped liability coverage limits only to find out they didn’t purchase enough coverage. The goal is to buy a smart amount of coverage at the best possible price, but don’t skip important coverages to save money.

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