2012 Ford Five Hundred Insurance Quotes – 8 Savings Tips

Looking for lower auto insurance rates for your Ford Five Hundred? Did budget coverage turn out to be an underperforming, overpriced auto insurance policy? Trust us, there are many people just like you.

There is such a variety of car insurance companies to buy insurance from, and although it’s nice to have a choice, it can be more difficult to find the best rates for your vehicles.

This information will tell you how to effectively get price quotes and some tricks to saving. If you currently have a car insurance policy, you will be able to save some money using these tips. But vehicle owners do need to understand how the larger insurance companies price insurance differently because it can help you find the best coverage.

The method we recommend to get policy rate comparisons takes advantage of the fact most larger insurance companies will pay a fee to provide you with a free rate quote. To start a quote, the only thing you need to do is spend a couple of minutes providing details including your credit rating estimate, driver ages, if it has an anti-theft system, and coverage limits. Those rating factors is automatically sent to multiple companies and you should receive rate quotes very quickly.

To find lower rates now, click here and enter your coverage details.

Pay discount rates these eight discounts

Auto insurance companies don’t list every available discount very clearly, so the list below details a few of the more common and also the more inconspicuous discounts that you may qualify for.

• New Vehicle Savings – Adding a new car to your policy can cost up to 25% less since newer vehicles have better safety ratings.
• Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education if offered at their school.
• Theft Prevention System – Vehicles equipped with anti-theft or alarm systems help deter theft and qualify for as much as a 10% discount.
• Save over 55 – Older drivers can get lower premium rates on Five Hundred coverage.
• Telematics Devices – Drivers who elect to allow data collection to look at vehicle usage through the use of a telematics system such as Progressive’s Snapshot could save a few bucks if they have good driving habits.
• Multiple Vehicles – Buying insurance for more than one vehicle with the same insurance company qualifies for this discount.
• Defensive Driver Discounts – Successfully completing a defensive driving course can save you 5% or more and easily pay for the cost of the class.
• Payment Method – By paying your entire bill at once instead of monthly or quarterly installments you can avoid the installment charge.

We need to note that some credits don’t apply the the whole policy. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like all the discounts add up to a free policy, you won’t be that lucky.

To view insurance companies offering insurance discounts, click here.

Special considerations

When it comes to choosing the right insurance coverage, there really is no “best” method to buy coverage. Everyone’s needs are different so your insurance should reflect that For instance, these questions may help highlight whether your personal situation might need professional guidance.

• Is my camper covered by my car insurance policy?
• Should I get collision insurance on every vehicle?
• Should I buy more coverage than the required minimum liability coverage?
• Is my teen driver covered when they drive my company car?
• Why am I required to buy liability insurance?
• What is UM/UIM insurance?
• Are split liability limits better than a combined single limit?
• What is the minimum liability in my state?
• Do I get a pro-rated refund if I cancel my policy early?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Coverages available on your auto insurance policy

Learning about specific coverages of auto insurance helps when choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording. These are typical coverages available from auto insurance companies.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for immediate expenses for things like rehabilitation expenses, funeral costs and X-ray expenses. The coverages can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. It covers you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Liability auto insurance

This will cover damage or injury you incur to other’s property or people in an accident. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things like funeral expenses, medical expenses, legal defense fees, repair costs for stationary objects and medical services. The amount of liability coverage you purchase is your choice, but buy higher limits if possible.

Comprehensive coverage (or Other than Collision)

This covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as damage from flooding, hail damage, theft, hitting a bird and damage from getting keyed. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision protection

Collision insurance will pay to fix damage to your Five Hundred resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like crashing into a ditch, colliding with a tree, sustaining damage from a pot hole, driving through your garage door and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and also any damage incurred to your Ford Five Hundred.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these limits are identical to your policy’s liability coverage.