Save on 2016 Ford Edge Insurance Rates

Trying to find the cheapest car insurance rates for your Ford Edge? Have you finally had enough of not being able to afford to insure your Ford every month? You have the same problem as many other drivers.

Big companies like State Farm, Progressive and Geico continually bombard you with advertising and it is difficult to see past the corporate glitz and do the work needed to find the best deal.

It’s a good habit to shop coverage around as often as possible because car insurance prices change regularly. Just because you had the lowest rate on Edge insurance two years ago the chances are good that you can find a lower premium rate today. Ignore everything you know about car insurance because we’re going to demonstrate one of the easiest ways to find great coverage at a great price.

If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. Buying car insurance is easy if you know what you’re doing. Although drivers must know the methods companies use to market insurance on the web and use this information to your advantage.

Why informed drivers pay less for Ford Edge insurance

When buying car insurance it’s important to understand the different types of things that come into play when calculating the level of your policy premiums. If you understand what controls the rates you pay, this enables you to make decisions that could result in lower car insurance prices.

  • A policy lapse can increase car insurance rates – Going without insurance is a guaranteed way to drive up your policy premiums. In addition to paying higher rates, being ticketed for driving with no insurance may result in a hefty fine and possibly a revoked license.
  • Deter theft and pay less – Driving a car with a theft deterrent system can help lower your rates. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help stop your vehicle from being stolen.
  • Pay more if you have a long commute – Living in smaller towns and rural areas of the country can be a good thing when talking about car insurance. Fewer people translates into fewer accident claims. People who live in big cities regularly have congested traffic and more severe claims. More time commuting translates into higher accident risk.
  • Save money by having multiple policies – Most major insurance companies will award better rates to customers that have more than one policy in the form of a multi-policy discount. The discount can add up to ten or even up to twenty percent in some cases. Even with this discount applied, it’s always a smart idea to compare other insurance prices to verify if the discount is saving money.
  • Safer vehicles save money – Vehicles that have high safety ratings can get you lower premiums. Safer cars protect occupants better and lower rates of occupant injuries means lower claim amounts and cheaper rates on your policy. If your Ford Edge has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.
  • Put fewer miles on your vehicle – The more you drive in a year the more you’ll pay to insure it. Most insurance companies charge rates determined by how the vehicle is used. Cars and trucks that do not get driven very much receive lower rates compared to those used for work or business. An incorrectly rated Edge can cost quite a bit. Double check that your policy states the correct driver usage.
  • How old are your drivers? – Older people are more cautious drivers, tend to cause fewer accidents and are safer drivers.Beginning drivers are known to be easily distracted when driving and because of this, their car insurance rates are much higher.

How to buy insurance online

There are several ways to shop for insurance, but one way is less time-consuming than others. You can spend your afternoon talking about coverages with insurance companies in your area, or you can utilize online quoting to get rate comparisons in just a few minutes.

Most major companies participate in a marketplace that enables customers to send in one quote, and at least one company then returns a price quote based on that information. This eliminates the need for quote forms to each individual insurance company.

To access this free quoting program, click here to open in new window.

The single downside to using this type of system is you cannot specify the companies you want pricing from. So if you prefer to choose specific insurance companies to compare rates, we have a listing of companies who write insurance in your area. Click to view list.

It doesn’t matter which method you choose, just make darn sure you compare identical quote data for each price quote. If you compare different data it’s not possible to determine the lowest rate for your Ford Edge. Just a small difference in insurance coverages can make a big difference in price. It’s important to know that comparing all the rates in your area will increase your chances of finding lower pricing. Not every company allows you to get prices over the internet, so it’s recommended that you also compare price quotes from those companies as well.

Big brands don’t always mean big savings

Big name companies like State Farm and Allstate endlessly run ads on TV and radio. They all make the point about saving some big amount if you move your coverage to them. How is it possible that every company can charge less that you’re paying now? Here is the trick they use.

Insurance providers quote their best rates for the type of driver that will generate a profit. One example of a profitable customer could possibly be over the age of 50, has a clear driving record, and drives a vehicle with a low ISO rating. A customer who meets those qualifications receive the lowest rate quotes and have a good chance to pay quite a bit less when switching companies.

Drivers who may not quite match the requirements will probably have to pay more expensive rates which leads to the customer not purchasing. If you listen closely, the ads state “people that switch” not “everyone who quotes” save that much money. That’s why companies can truthfully make those statements. Because each company has a different risk profile, you should compare as many free auto insurance quotes as you can. It is just not possible to predict which auto insurance company will have the lowest rates.

Take policy discounts and save

Some insurance providers do not advertise the entire discount list very well, so the following is a list of both well-publicized and the harder-to-find discounts you could be receiving when you buy auto insurance online.

  • Discounts for Seat Belt Usage – Drivers who require all vehicle occupants to wear their seat belts can save up to 10 percent (depending on the company) off the personal injury premium cost.
  • Fewer Miles Equal More Savings – Maintaining low annual mileage can earn cheaper prices.
  • Accident Forgiveness – This one isn’t a discount, but a few companies such as Progressive, State Farm and Geico will allow you to have one accident before your rates go up so long as you haven’t had any claims prior to being involved in the accident.
  • Multiple Cars – Drivers who insure primary and secondary vehicles on a single policy qualifies for this discount.
  • Air Bags and Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems could see savings of more than 20%.
  • Telematics Devices – Insureds that choose to allow driving data collection to track driving habits by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they show good driving skills.
  • No Claim Discounts – Insureds who avoid accidents and claims pay less as compared to frequent claim filers.
  • Homeowners Savings – Just being a homeowner can earn you a little savings because it shows financial diligence.
  • Student Discounts – A discount for being a good student may save you up to 25%. This discount can apply up until you turn 25.

You should keep in mind that most credits do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like medical payments or collision. Even though the math looks like you could get a free car insurance policy, companies wouldn’t make money that way.

A few popular companies and some of the discounts can be found below.

  • American Family offers premium reductions for mySafetyValet, bundled insurance, good driver, multi-vehicle, good student, Steer into Savings, and accident-free.
  • Nationwide may offer discounts for family plan, anti-theft, Farm Bureau membership, defensive driving, accident-free, and easy pay.
  • MetLife has discounts for accident-free, claim-free, good driver, good student, and multi-policy.
  • 21st Century offers discounts including air bags, automatic seat belts, early bird, theft prevention, defensive driver, good student, and student driver.
  • Farmers Insurance offers discounts for good student, alternative fuel, early shopping, bundle discounts, youthful driver, business and professional, and multi-car.
  • Allstate has savings for economy car, good student, defensive driver, FullPay discount, and passive restraint.

Before purchasing a policy, check with every insurance company which discounts you may be entitled to. Some of the earlier mentioned discounts may not be available in your area. To see providers with significant discounts, click here.

Which policy gives me the best coverage?

When it comes to choosing proper insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that might help in determining if your situation will benefit from professional help.

  • Do I need added coverage for expensive stereo equipment?
  • Do I have coverage when making deliveries for my home business?
  • Am I covered when driving a rental car?
  • Is my camper covered by my car insurance policy?
  • Are split liability limits better than a combined single limit?
  • What can I do if my company denied a claim?
  • Is my nanny covered when driving my vehicle?
  • What if I don’t agree with a claim settlement offer?
  • Am I covered if my car is in a flood?
  • When would I need rental car insurance?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form or click here for a list of auto insurance companies in your area.

Auto insurance 101

Understanding the coverages of your policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on the average car insurance policy.

Comprehensive coverage

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as damage from a tornado or hurricane, hitting a deer and falling objects. The highest amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and also any damage incurred to your Ford Edge.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for ambulance fees, hospital visits and X-ray expenses. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Collision coverage protection

This coverage covers damage to your Edge caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like colliding with a tree, hitting a parking meter, backing into a parked car and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible to save money on collision insurance.

Liability car insurance

Liability insurance protects you from damage or injury you incur to a person or their property in an accident. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 which stand for 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 pays for claims like legal defense fees, pain and suffering and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Affordable insurance is out there

The cheapest 2016 Ford Edge insurance can be sourced both online and also from your neighborhood agents, and you need to comparison shop both to have the best selection. Some companies may not provide online rate quotes and these regional carriers provide coverage only through independent insurance agents.

We just covered a lot of techniques to shop for 2016 Ford Edge insurance online. The most important thing to understand is the more quotes you get, the better your comparison will be. Drivers may discover the best price on auto insurance is with a company that doesn’t do a lot of advertising. These smaller insurers may cover specific market segments cheaper compared to the large companies like Allstate and Progressive.

When searching for cheaper auto insurance quotes, make sure you don’t buy less coverage just to save a little money. In too many instances, someone dropped comprehensive coverage or liability limits only to discover later that they should have had better coverage. Your goal is to buy the best coverage you can find at the lowest possible cost while still protecting your assets.

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