Drivers have many options when trying to find affordable Ford Edge insurance. They can either spend hours driving around trying to get quotes or utilize the internet to make rate comparisons. There is a better way to compare auto insurance rates and you need to know the absolute fastest way to compare rates for a new or used Ford and obtain the lowest price from local insurance agents and online providers.
You should make it a habit to do rate comparisons once or twice a year since rates are usually higher with each renewal. Even if you got the lowest rates on Edge insurance last year there may be better deals available now. You’ll find quite a bit of inaccurate information about auto insurance on the web, but with this article, you’re going to get some guaranteed methods to quit paying high auto insurance rates.
Finding affordable coverage is easy if you know what you’re doing. If you are paying for car insurance now, you should be able to lower your premiums substantially using these methods. Although car owners must learn the way companies determine prices and use this information to your advantage.
These discounts can slash auto insurance rates
Companies don’t list all their discounts very clearly, so we break down both the well known and also the lesser-known savings tricks you should be using.
- Payment Discounts – If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
- Fewer Miles Equal More Savings – Driving fewer miles could qualify for better rates on cars that stay parked.
- Good Students Pay Less – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you up to age 25.
- Auto/Life Discount – Larger companies have lower rates if you buy life insurance.
- Federal Government Employee – Employees or retirees of the government could cut as much as 10% off on Edge insurance depending on your company.
- Air Bag Discount – Vehicles with factory air bags and/or automatic seat belt systems can get savings of up to 25% or more.
- Drivers Ed for Students – Have your child complete a driver education course if offered at their school.
- No Charge for an Accident – Some insurance companies will forgive one accident before your rates go up as long as you don’t have any claims for a certain period of time.
- Claim Free – Claim-free drivers pay less compared to bad drivers.
- Resident Student – Any of your kids living away from home attending college and don’t have a car can be insured at a reduced rate.
A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. Most only reduce individual premiums such as comprehensive or collision. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way.
To choose insurers who offer auto insurance discounts, click this link.
Why you might be paying too much to insure your Ford Edge
Consumers need to have an understanding of the rating factors that go into determining the price you pay for auto insurance. Knowing what controls the rates you pay enables informed choices that could result in lower auto insurance prices.
Listed below are a few of the “ingredients” auto insurance companies consider when setting premiums.
- Men are more aggressive – Statistics show that men are more aggressive behind the wheel. Now that doesn’t mean women are better drivers. They both are in accidents in similar percentages, but the men tend to have more serious accidents. Men also statistically get more serious tickets like reckless driving and DUI.
- Multi-policy discounts can save money – Most auto insurance companies will give a discount to insureds who consolidate policies with them in the form of a multi-policy discount. If you currently are using one company, you still need to compare other company rates to make sure you are getting the best deal.
- Careful drivers pay lower rates – Your driving record has a big impact on rates. Drivers who don’t get tickets have lower premiums than their less careful counterparts. Only having one citation can bump up the cost forty percent or more. Drivers who get dangerous violations such as DUI or reckless driving may be required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent a license revocation.
- Your location is important – Choosing to live in less populated areas can be a good thing when buying auto insurance. Less people living in that area means a lower chance of having an accident as well as less vandalism and auto theft. Drivers in populated areas tend to have much more traffic to deal with and longer commute times. Longer commute distances translates into higher accident risk.
- Discounts for married couples – Having a spouse can get you a discount on your auto insurance policy. Marriage usually means you are more mature than a single person and it’s statistically proven that married couples file fewer claims.
Comparing rates from local agents
Some consumers just want to buy from a local agent and that is just fine! One of the best bonuses of comparing rates online is you may find the best rates and still have an agent to talk to.
By using this form (opens in new window), your insurance coverage information gets sent to agents in your area who will give you bids for your business. There is no need to even leave your home because quoted prices will be sent straight to your inbox. Now that’s easy! You’ll get the best rates and work with a local agent.
Choosing an insurer should depend on more than just a low price. Some important questions to ask are:
- How many years of experience in personal lines insurance coverages do they have?
- How long has their agency been open?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Will your rates increase after a single accident?
- Do they regularly work with personal auto policies?
- Is working in the agency their full-time job?
- How are claims handled?
The different types of insurance agents
When finding local agents, you must know there are a couple types of insurance agents from which to choose. Agencies are categorized either independent or captive.
Captive Agents
Captive agencies can only place business with one company like Allstate, Farmers Insurance or State Farm. They usually cannot give you multiple price quotes so keep that in mind. These agents are very knowledgeable in insurance sales and that can be a competitive advantage. Consumers frequently choose to use a captive agent partially due to the brand legacy and the convenience of having all coverages with one company.
Independent Agencies or Brokers
Independent agencies do not work for one specific company so they have the ability to put coverage with lots of companies enabling the ability to shop coverage around. To transfer your coverage to a different company, an independent agent can move your coverage and that require little work on your part. When searching for an agent, we recommend you contact multiple independent agents to ensure the widest selection of prices. They often place coverage with smaller companies which may provide better rates.
To view a complete directory of agencies, visit this page.
Once you have received positive feedback to all your questions and locked in a price quote, it’s possible that you found an insurance agent that is a good match to insure your vehicles.
Summing up your auto insurance search
Lower-priced Ford Edge insurance can be bought online as well as from independent agents, so compare prices from both to get a complete price analysis. Some insurance providers don’t offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.
As you go through the steps to switch your coverage, don’t be tempted to reduce coverage to reduce premium. There are too many instances where an accident victim reduced full coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to purchase plenty of coverage at a price you can afford.
Insureds who switch companies do it for a number of reasons such as being labeled a high risk driver, policy cancellation, high prices and even extreme rates for teen drivers. No matter why you want to switch, finding the right auto insurance provider is pretty easy and you might even save some money in the process.
