Cheaper 1990 Ford Five Hundred Insurance Quotes

Buying cheap car insurance on the web can seem to be problematic for people who are new to comparing rates online. With a ridiculous number of insurers to choose from, how can consumers even start to compare the different rates to find the lowest rates?

Locating more affordable coverage is easy if you know what you’re doing. In a nutshell, every driver who has to buy insurance coverage most likely will be able to reduce their rates. Although vehicle owners can benefit by having an understanding of how the larger insurance companies compete online.

Compare Auto Insurance Costs

All major auto insurance companies such as Progressive, Geico, Allstate and State Farm quote prices on the web. Obtaining pricing is pretty painless as you just enter the coverages you want as requested by the quote form. Once entered, their system gets credit information and your driving record and returns a price determined by many factors.

Being able to quote online helps simplify price comparisons, but the process of having to visit each company’s website and repetitively fill out multiple forms is repetitive and time-consuming. But it’s very important to have as many quotes as possible in order to get the lowest possible prices on auto insurance.

Isn’t there an easier way to compare rates?

A quicker way to lower your rates requires only one form to obtain quotes from multiple companies. It’s a real time-saver, helps eliminate reptitive entry, and makes online price comparison much easier. After sending the form, it is rated with multiple companies and you can pick your choice of the resulting price quotes.

If a lower price is quoted, you can click and sign and buy the new coverage. The whole process takes just a few minutes to complete and can result in significant savings.

To save time and compare rates now, simply click here to open in new window and begin entering your coverage information. If you currently have coverage, we recommend you complete the form with the coverage information just like they are on your policy. Doing this guarantees you will get rate comparison quotes using the exact same coverages.

How much can you save with discounts?

Insurance can cost an arm and a leg, but you may find discounts that many people don’t even know exist. Certain discounts will be applied when you complete an application, but less common discounts must be specially asked for prior to receiving the credit.

  • Bundle and Save – When you have multiple policies with the same insurance company you may save at least 10% off all policies.
  • Federal Government Employee – Simply working for the federal government can save as much as 8% on Five Hundred coverage with a few auto insurance companies.
  • Sign Early and Save – Select companies give a discount for switching policies prior to your current policy expiration. It can save you around 10%.
  • No Claims – Claim-free drivers can save substantially compared to frequent claim filers.
  • Auto/Life Discount – Select insurance companies reward you with a break if you buy life insurance from them.
  • Distant Student – Kids in college who live away from home and do not have a car can receive lower rates.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Discount for New Cars – Adding a new car to your policy can save up to 30% compared to insuring an older model.
  • Air Bag Discount – Cars that have air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy may reduce the rate for each vehicle.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like comp or med pay. Just because it seems like you can get free auto insurance, it doesn’t quite work that way. Any qualifying discounts will reduce the cost of coverage.

Companies that may have these money-saving discounts include:

Check with every prospective company which discounts they offer. Some discounts might not be offered in your state.

How much car insurance do I need?

When choosing coverage, there isn’t really a cookie cutter policy. Everyone’s situation is a little different.

For instance, these questions can aid in determining whether you might need professional guidance.

  • Is my custom paint covered by insurance?
  • Is my ex-spouse still covered by my policy?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is there coverage for injuries to my pets?
  • Does my car insurance cover rental cars?
  • Do I need motorclub coverage?
  • Should I buy more coverage than the required minimum liability coverage?
  • Why is insurance for a teen driver so high?
  • How do I buy GAP insurance?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Ford Five Hundred insurance rates are influenced by…

Smart consumers have a good feel for some of the elements that play a part in calculating your auto insurance rates. Knowing what determines base rates enables informed choices that will entitle you to better auto insurance rates.

  • Younger drivers pay higher rates – Older insureds tend to be more responsible, tend to file fewer claims and receive fewer citations. Young drivers are statistically proven to be careless and easily distracted when behind the wheel therefore auto insurance rates are much higher.
  • Credit scores impact auto insurance rates – Having a bad credit score is a important factor in determining your rates. Consumers who have excellent credit tend to be less risk to insure than drivers who have lower credit ratings. If your credit history is low, you could save money insuring your 1990 Ford Five Hundred by improving your credit score.
  • Protect your assets with liability insurance – The liability section of your policy will protect you in the event that a jury decides you are liable for personal injury or accident damage. It will provide legal defense coverage which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so do not skimp.
  • Pleasure use or commuting – The more you drive in a year the higher your rates will be. Most insurance companies rate vehicles based upon how you use the vehicle. Cars and trucks that are left in the garage qualify for better rates compared to those used for work or business. An improperly rated Five Hundred can result in significantly higher rates. Verify your auto insurance policy shows the correct driver usage.
  • Are you male or female? – Statistics demonstrate that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. They both tend to get into accidents in similar percentages, but the men cause more damage. Men also statistically get cited for more serious violations like reckless driving and DUI. Youthful male drivers tend to get in the most accidents and are penalized with high auto insurance rates.
  • Lower deductibles cost more – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Ford. Examples of covered claims are colliding with a building, damage caused by hail, and windstorm damage. Deductibles for physical damage are how much you are required to spend out-of-pocket in the event of a claim. The more money you’re willing to pay, the bigger discount you will receive on Five Hundred coverage.
  • One company can mean more discounts – Most insurers will award you with lower prices to people who have multiple policies with them. It’s known as a multi-policy discount. Discounts can amount to five, ten or even twenty percent. Even with this discount, it’s in your best interest to compare other company rates to verify if the discount is saving money. You may still be able to find better rates by splitting coverages up.

Do drivers who switch really save $430 a year?

Progressive, Geico, Allstate and State Farm constantly bombard you with ads on TV and radio. All the companies have a common claim that you can save if you switch to them. How do they all say the same thing? This is how they do it.

Different companies are able to cherry pick for the type of driver that makes them money. For instance, a preferred risk could possibly be over the age of 40, has no tickets, and has excellent credit. Any new insured who fits that profile will get the preferred rates and as a result will probably save a lot of money.

Potential insureds who don’t measure up to these standards will be quoted higher rates which usually ends up with business going elsewhere. The ads state “drivers who switch” not “everyone that quotes” save that much. That’s why insurance companies can confidently advertise the way they do.

This emphasizes why you absolutely need to get quotes from several different companies. It’s just too difficult to predict which insurance companies will provide you with the cheapest Ford Five Hundred insurance rates.

Car insurance 101

Understanding the coverages of your policy helps when choosing the right coverages at the best deductibles and correct limits. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Collision coverage protection

Collision coverage will pay to fix damage to your Five Hundred caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like driving through your garage door, colliding with another moving vehicle and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Ford Five Hundred.

Due to the fact that many drivers only purchase the least amount of liability that is required, 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. Usually these coverages are similar to your liability insurance amounts.

Comprehensive insurance

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like fire damage, damage from a tornado or hurricane, a broken windshield, rock chips in glass and hitting a bird. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for expenses such as nursing services, surgery and X-ray expenses. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Coverage for liability

Liability insurance will cover damage that occurs to other’s property or people in an accident. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Some companies may use one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like emergency aid, bail bonds, funeral expenses, medical expenses and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

You can do this!

Cost effective 1990 Ford Five Hundred insurance is attainable from both online companies and also from your neighborhood agents, and you need to price shop both to have the best selection. Some companies may not provide the ability to get a quote online and these smaller companies work with independent agents.

When buying insurance coverage, never reduce coverage to reduce premium. Too many times, an insured dropped comprehensive coverage or liability limits only to regret at claim time they didn’t purchase enough coverage. Your goal should be to find the BEST coverage for the lowest price, not the least amount of coverage.

Consumers who switch companies do it for any number of reasons including high prices, an unsatisfactory settlement offer, high rates after DUI convictions or even delays in paying claims. Regardless of your reason, finding a great new company is easier than you think.

Much more information about insurance can be found at these links: