Paying for pricey Ford Escape insurance can bottom out your personal savings and make it hard to pay other bills. Shopping your coverage around is a great way to make sure you’re not throwing money away.
Multiple auto insurance companies compete to insure your vehicles, so it’s not easy to compare every insurer to find the best rates possible.
If you currently have car insurance, you should be able to cut costs considerably using these tips. Choosing the best insurance company for you is quite easy. Nevertheless, consumers must learn how the larger insurance companies determine prices and use this information to your advantage.
Companies offering auto insurance do not list every discount they offer very clearly, so here is a list both well-publicized and the more hidden savings tricks you should be using when you buy auto insurance online.
A quick disclaimer, most of the big mark downs will not be given to the overall cost of the policy. A few only apply to individual premiums such as physical damage coverage or medical payments. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way.
Some of the insurance companies who might offer some of the discounts shown above possibly include:
Check with all companies you are considering which discounts they offer. Depending on the company, some discounts might not apply in every state.
When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions can help discover if your situation would benefit from an agent’s advice.
If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area.
Understanding the coverages of a insurance policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on most insurance policies.
Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for expenses for doctor visits, X-ray expenses, ambulance fees and prosthetic devices. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage
Liability insurance – This coverage will cover damage or injury you incur to other people or property in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.
Liability insurance covers claims such as funeral expenses, court costs, emergency aid and structural damage. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.
Comprehensive (Other than Collision) – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as a broken windshield, fire damage, damage from flooding and rock chips in glass. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Ford Escape.
Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Usually these limits do not exceed the liability coverage limits.
Collision coverage – Collision insurance pays for damage to your Escape caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for claims like hitting a parking meter, driving through your garage door, rolling your car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.
Discount 2013 Ford Escape insurance can be found from both online companies as well as from insurance agents, so get free auto insurance quotes from both of them so you have a total pricing picture. A few companies do not offer rates over the internet and many times these regional insurance providers only sell coverage through independent insurance agencies.
As you prepare to switch companies, make sure you don’t skimp on critical coverages to save a buck or two. In too many instances, an insured cut liability coverage limits and discovered at claim time they didn’t purchase enough coverage. Your focus should be to find the BEST coverage at the best cost, but do not skimp to save money.
Much more information about auto insurance is available on the following sites: