Buyers have options when searching for low-cost Ford Five Hundred insurance. You can either waste hours contacting agents getting price quotes or leverage the internet to make rate comparisons. There are both good and bad ways to shop for auto insurance so we’re going to tell you the quickest way to quote coverages for a new or used Ford and get the cheapest rates either online or from local insurance agents.
Consumers need to price shop coverage at least once a year because insurance rates fluctuate regularly. Just because you had the lowest price for Five Hundred insurance two years ago the chances are good that you can find a lower rate today. Forget all the misinformation about auto insurance because you’re about to find out the best way to eliminate unnecessary coverages and save money.
Finding affordable coverage is quite easy. If you have car insurance now, you stand a good chance to be able to reduce your rates substantially using these techniques. Consumers only need to know the most efficient way to shop online.
Do you qualify for discounts?
Companies offering auto insurance don’t always list every discount in a way that’s easy to find, so the following is a list of some of the more common and the harder-to-find auto insurance savings. If you aren’t receiving every discount possible, you are paying more than you should be.
- Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
- Fewer Miles Equal More Savings – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.
- Multi-car Discount – Having more than one vehicle on one policy could earn a price break for each car.
- Memberships – Participating in certain professional organizations may earn a discount when buying auto insurance for Five Hundred insurance.
- Anti-lock Brake System – Cars that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
- 55 and Retired – Mature drivers may qualify for reduced rates for Five Hundred insurance.
- Sign Early and Save – Some insurance companies reward drivers for signing up prior to your current policy expiration. It can save you around 10%.
- E-sign – A handful of insurance companies may give you up to $50 just for signing your application digitally online.
- Payment Discounts – If you pay your bill all at once instead of making monthly payments you could save 5% or more.
Consumers should know that most discounts do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though it sounds like you would end up receiving a 100% discount, you won’t be that lucky.
Your coverage should be tailored to you
When it comes to buying coverage, there really is no best way to insure your cars. Every insured’s situation is different.
Here are some questions about coverages that can aid in determining if you would benefit from professional advice.
- Do I need rental car coverage?
- Are rental cars covered under my policy?
- Am I covered when driving in Canada or Mexico?
- Does my personal auto insurance policy cover using my vehicle for business use?
- What is covered by UM/UIM coverage?
- Do I have any recourse if my insurance company denies a claim?
- Am I covered if I drive in a foreign country?
- Is my Ford Five Hundred covered for smoke damage?
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.
But I prefer to buy car insurance from an agent
A small number of people just want to talk to a local agent and that is just fine! Agents are trained to spot inefficiencies and give you someone to call. The best thing about comparing rates online is you may find the lowest rates and still choose a local agent.
By using this quick form, your insurance coverage information is emailed to local insurance agents who will battle for your coverage. You never need to leave your computer because quoted prices will be sent directly to your email. How’s that for easy!
Picking an insurance company requires more thought than just the premium amount. These are valid questions to ask:
- Is their price quote a firm figure or are their hidden costs?
- If you are a high risk driver, do they have special markets for your coverage?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- If your car is totalled, how to they determine the replacement cost?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Does the agency have a good rating with the Better Business Bureau?
- What are the financial ratings for the companies they represent?
Multiple types of auto insurance agents
When looking for local agents, there are two different agency structures that differ in how they can insure your vehicles. agents are classified as either independent (non-captive) or captive. Both types can insure your vehicles, but it’s worth mentioning how they are different because it can impact buying decisions.
Captive Insurance Agents
These agents write business for a single company like State Farm, AAA, Farmers Insurance or Allstate. These agents are not able to give you multiple price quotes so keep that in mind. Captive agencies are usually quite knowledgeable on the products they sell which can be an advantage. Consumers frequently purchase coverage from captives partially due to the prominence of the brand and the convenience of having a single billing for all their coverages.
Independent Agents
Independent agents are not locked into one company so they can insure your vehicles amongst many companies enabling the ability to shop coverage around. To move your coverage to a new company, your agent can switch companies and that require little work on your part. When comparing rates, we recommend you get quotes from multiple independent agents for maximum quote selection. Many write coverage with lesser-known insurance companies which may provide better rates.
For a full directory of agents, visit this site.
Once you have received answers to your satisfaction for all questions you ask and an acceptable price quote, you may have just found a car insurance agent that will properly insure your vehicles.
Affordable insurance is out there
You just read a lot of tips how to reduce Ford Five Hundred insurance prices online. The most important thing to understand is the more quotes you get, the better likelihood of reducing your rate. You may be surprised to find that the biggest savings come from the smaller companies.
When you buy insurance online, don’t be tempted to skimp on coverage in order to save money. In many cases, an accident victim reduced liability limits or collision coverage only to find out that their decision to reduce coverage ended up costing them more. The aim is to find the BEST coverage at a price you can afford.
People switch companies for a number of reasons such as denial of a claim, high prices, poor customer service or delays in responding to claim requests. Regardless of your reason, switching companies can be pretty painless.
