2011 Ford Five Hundred Car Insurance Rates – 6 Tips for Cheapest Quotes

Looking for cheaper insurance coverage rates for your Ford Five Hundred? I can’t think of anyone who likes having to buy insurance coverage, in particular when they could find lower prices if they just compared rates.

There are many insurers to purchase coverage from, and although it’s a good thing to have multiple companies, so many choices can make it hard to find the best rates for your vehicles.

You should take the time to shop coverage around every six months since prices tend to go up over time. Despite the fact that you may have had the best price on Five Hundred insurance last year there may be better deals available now. Forget anything you know (or think you know) about insurance coverage because it’s time to teach you how to use the internet to remove unneeded coverages and save money.

Finding the best rates is not that difficult. If you have car insurance now, you stand a good chance to be able to save some money using these techniques. Although drivers must comprehend the way companies compete online and take advantage of how the system works.

How to shop insurance coverage online

To find the best insurance coverage quotes, there are several ways to compare rate quotes from all the different companies. The quickest method to compare rates is to jump online and get quotes. It is quite easy and can be accomplished in several different ways.

The single most time-saving way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This easy form saves time by eliminating a different quote for each company. Taking the time to complete one form gets you coverage quotes from several companies.

A less efficient way to analyze rates is spending the time to visit each individual company website and go through the quote process again. For example, let’s assume you are doing a rate comparison from Progressive, State Farm and Farmers. You would be required to go to each individual site to enter the same coverage data repeatedly, which explains why we recommend starting with the first method.

For a handy list of car insurance company links in your area, click here.

The old school way to compare price quotes is driving to insurance agencies in your area. The ability to get quotes online reduces the need to sit down with an agent unless you have a need for the professional assistance of a local agent. You can, however, price shop online but purchase the actual policy in an agency.

Whichever way you use, make sure you compare nearly identical coverage limits and deductibles on every price quote you get. If you compare mixed coverages it will be impossible to make a fair rate comparison. Just a small difference in insurance coverages or limits can make a big difference in price. And when comparison shopping, comparing more company’s prices will increase your chances of finding more affordable insurance. Some smaller insurers to not give online quotes, so it’s recommended that you also compare rates from the smaller companies as well.

Lower your auto insurance rates with these six discounts

Car insurance can cost a lot, but you may be missing some discounts that could drop your premiums quite a bit. Many of these discounts will be applied automatically at quote time, but a few must be asked about in order for you to get them.

  • Own a Home – Just being a homeowner can help you save on auto insurance since owning and maintaining a home demonstrates responsibility.
  • Savings for New Vehicles – Insuring a vehicle that is new can save you some money since new vehicles are generally safer.
  • Active Military Service – Being deployed with a military unit can result in better rates.
  • Paperless Signup – A few larger online companies give back up to $50 for buying your policy on your computer.
  • Memberships – Participating in a qualifying organization may earn a discount on auto insurance.
  • Early Renewal Discounts – A few insurance companies allow discounts for switching to them prior to your current policy expiring. You could save around 10% when you buy car insurance online.

Don’t be shocked that most discounts do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that you would end up receiving a 100% discount, nobody gets a free ride.

Companies that may offer policyholders most of these discounts include:

When getting free car insurance quotes, it’s a good idea to each company which discounts they offer. Some of the discounts discussed earlier might not be available to policyholders in your area. If you would like to see a list of auto insurance companies that have a full spectrum of discounts, follow this link.

You are unique and your car insurance should be too

When it comes to buying adequate coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions might help in determining if your insurance needs may require specific advice.

  • Am I covered when using my vehicle for business?
  • What is an SR-22 filing?
  • Will I lose any money if I cancel my policy before it expires?
  • Is a new car covered when I drive it off the dealer lot?
  • Is other people’s property covered if stolen from my vehicle?
  • Am I covered if I hit a deer?
  • How much can I save by bundling my policies?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Detailed coverages of your auto insurance policy

Learning about specific coverages of a auto insurance policy aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. These are typical coverage types available from auto insurance companies.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like ambulance fees, dental work, rehabilitation expenses and surgery. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a deer, damage from a tornado or hurricane, damage from getting keyed, hitting a bird and hail damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

UM/UIM Coverage

This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your 2011 Ford Five Hundred.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Liability

Liability coverage will cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage pays for claims such as emergency aid, repair costs for stationary objects, medical expenses, attorney fees and funeral expenses. How much liability coverage do you need? That is up to you, but buy as large an amount as possible.

Collision coverage protection

This coverage will pay to fix damage to your Five Hundred resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as sideswiping another vehicle, backing into a parked car, colliding with a tree and hitting a mailbox. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Cheaper insurance is a realistic goal

Affordable 2011 Ford Five Hundred insurance can be found from both online companies and from local agencies, and you should compare price quotes from both to get a complete price analysis. A few companies may not have the ability to get a quote online and many times these smaller providers only sell through independent agencies.

When trying to cut insurance costs, it’s very important that you do not skimp on coverage in order to save money. In many cases, an insured cut physical damage coverage only to regret that they should have had better coverage. The ultimate goal is to buy a smart amount of coverage at the best possible price, not the least amount of coverage.

In this article, we presented a lot of tips how to compare 2011 Ford Five Hundred insurance prices online. The key concept to understand is the more price quotes you have, the higher your chance of finding the cheapest car insurance. You may be surprised to find that the lowest prices come from the smaller companies. Some small companies may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm or Progressive.

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