1993 Ford Five Hundred Insurance Quotes

Comparison shopping for car insurance can be nearly impossible for beginners to comparing rates online. Drivers have so many options available that it can easily become more work than you anticipated to find the best price.

The purpose of this post is to familiarize you with how to get online quotes and some tricks to saving. If you currently have car insurance, you should be able to cut costs considerably using these methods. Nevertheless, vehicle owners must know the methods companies use to determine prices and use this information to your advantage.

Insurance Coverage Quote Comparison

Most major insurance companies such as State Farm, Allstate and Geico provide pricing on the web. Getting quotes is fairly simple as you just enter your coverage preferences as requested by the quote form. After you complete the form, the system automatically retrieves your credit score and driving record and quotes a price based on these factors.

This streamlines rate comparisons, but having to visit a lot of sites and fill out multiple forms can get tiresome after awhile. But it’s very important to compare as many rates as possible in order to find the best price possible.

A more efficient way to get multiple rate quotes makes use of a single form that gets price quotes from several companies at one time. It’s a real time-saver, reduces the work, and makes online quotes much easier. Once the form is submitted, your coverage is rated and you are able to buy your choice of the pricing results.

If you find a better price you can click and sign and buy the new coverage. The whole process just takes a couple of minutes and may save quite a bit of money.

To find out how much you’re overpaying now, click here to open in a new tab and fill out the form. To compare your current rates, we recommend you enter coverages and limits just like they are on your policy. Using the same limits helps guarantee you are getting a rate comparison for the exact same coverage.

Do drivers who switch really save $480 a year?

Car insurance companies such as State Farm, Allstate and Geico regularly use ads in print and on television. They all seem to make the same claim about savings if you move your coverage to them. How do they all say the same thing? This is how they do it.

Insurance companies can use profiling for the driver that is profitable for them. A good example of a profitable customer could be over the age of 40, has no driving citations, and drives less than 10,000 miles a year. A customer getting a price quote who matches those parameters is entitled to the best price and as a result will probably save when switching.

Potential insureds who don’t meet these standards will be charged a more expensive rate which leads to business going elsewhere. Company advertisements say “customers who switch” not “everyone that quotes” save that much money. That’s why insurance companies can advertise the savings.

That is why it is so important to get as many quotes as possible. It is impossible to predict which car insurance company will have the lowest Ford Five Hundred insurance rates.

Don’t miss these discounts

Car insurance is not cheap, but you can get discounts that you may not even be aware of. Larger premium reductions will be automatically applied at quote time, but lesser-known reductions have to be specifically requested before you get the savings.

  • Bundle and Save – If you insure your home and vehicles with one insurance company you will save 10% to 20% off each policy.
  • Passive Restraint Discount – Vehicles equipped with air bags may earn rate discounts of 20% or more.
  • Club Memberships – Belonging to a civic or occupational organization is a good way to get lower rates on your policy on Five Hundred insurance.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
  • Safety Course Discount – Taking part in a driver safety course could save 5% or more depending on where you live.

Keep in mind that most discount credits are not given to the entire cost. Most cut the cost of specific coverages such as liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, you’re out of luck. Any amount of discount will bring down your overall premium however.

For a list of providers with the best insurance coverage discounts, click this link.

When might I need help?

When choosing coverage, there is no cookie cutter policy. Every situation is different.

Here are some questions about coverages that can help discover if your situation may require specific advice.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Is my ex-spouse still covered by my policy?
  • Will filing a claim cost me more?
  • Is my teen driver covered when they drive my company car?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • How can I get my company to pay me more for my totalled car?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an agent. To find an agent in your area, fill out this quick form.

Insurance coverages 101

Understanding the coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. Insurance terms can be ambiguous and reading a policy is terribly boring.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as EMT expenses, ambulance fees and prosthetic devices. They 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 any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Comprehensive (Other than Collision)

This pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hail damage, damage from flooding and hitting a deer. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Most of the time these coverages are identical to your policy’s liability coverage.

Liability auto insurance

This coverage will cover injuries or damage you cause to a person or their property by causing an accident. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 that means you have $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as funeral expenses, bail bonds and legal defense fees. The amount of liability coverage you purchase is your choice, but consider buying as much as you can afford.

Collision coverage protection

This coverage covers damage to your Five Hundred caused by collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as hitting a mailbox, colliding with a tree and crashing into a ditch. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

In Summary

You just learned a lot of tips how to lower your 1993 Ford Five Hundred insurance rates. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. Consumers could even find that the lowest premiums are with a small mutual company.

When trying to cut insurance costs, you should never reduce needed coverages to save money. In many cases, an insured cut uninsured motorist or liability limits only to regret that it was a big mistake. The aim is to purchase a proper amount of coverage for the lowest price while not skimping on critical coverages.

Insureds change insurance companies for any number of reasons including denial of a claim, extreme rates for teen drivers, high prices or unfair underwriting practices. It doesn’t matter what your reason, switching companies is easier than you think.

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