Lower Your 1994 Ford Escort Insurance Rates

Consumers have many options when looking for the best price on Ford Escort insurance. You can either waste hours contacting agents to compare prices or utilize the internet to find the lowest rates.

There are both good and bad ways to buy insurance so you’re going to learn the quickest way to quote coverages for your Ford and obtain the cheapest rates either online or from local insurance agents.

Consumers should take time to shop coverage around periodically because rates tend to go up over time. Despite the fact that you may have had the best rates for Escort insurance on your last policy there may be better deals available now. Block out anything you think you know about insurance because I’m going to let you in on the secrets to the fastest and easiest way to get good coverage at a lower rate.

What determines your Ford Escort insurance premium

An important part of buying insurance is that you know some of the elements that go into determining insurance rates. Having a good understanding of what controls the rates you pay allows you to make educated decisions that could result in better insurance rates.

Listed below are a partial list of the pieces companies use to determine premiums.

  • Don’t let your coverage lapse – Driving your car without having proper coverage can get your license suspended and as a result your rates will increase for letting your coverage lapse. And not only will your rates increase, failure to provide proof of insurance may earn you a revoked license or a big fine.
  • What are your deductibles? – Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your Ford. Some examples of claims that would be covered are a windshield shattered by a rock, collision with an animal, or theft. Physical damage deductibles are how much you are willing to pay if you file a covered claim. The more expense the insured has to pay upfront, the lower your rates will be for Escort insurance.
  • Poor driving leads to higher costs – Even a single moving violation can increase rates by as much as thirty percent. Good drivers receive lower rates compared to drivers with tickets. Drivers who get flagrant violations like DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to keep their license.
  • Protect your assets with liability insurance – The liability section of your policy will protect you in the event that a court rules you are at fault for personal injury or accident damage. Liability insurance provides for a legal defense which can be incredibly expensive. Liability is cheap compared to insuring for physical damage coverage, so do not cut corners here.
  • Discounts for multiple policies – The majority of insurance companies give discounts to customers who consolidate policies with them in the form of a multi-policy discount. Even with this discount, you still need to comparison shop to ensure the best deal. Consumers may find a better deal by splitting coverages up.
  • Better crash test results mean better rates – Safer cars tend to have better insurance rates. The safest vehicles protect occupants better and fewer injuries means lower claim amounts and lower rates for you. If the Ford Escort scored better than four stars on Safercar.gov it is probably cheaper to insure.
  • Pleasure use or commuting – Driving more miles every year the higher your rates will be. Most companies rate vehicles based upon how you use the vehicle. Cars not used for work or commuting get more affordable rates compared to those used for work or business. Improper usage on your Escort can cost quite a bit. Ask your agent if your insurance coverage shows the proper vehicle usage.
  • Pay less if you’re married – Having a wife or husband helps lower the price on insurance. Having a spouse usually means you are more responsible and statistics show being married results in fewer claims.

Lots of discounts mean lots of savings

The cost of insuring your cars can be expensive, but you may find discounts to reduce the price significantly. Some trigger automatically when you get a quote, but a few must be asked for before you will receive the discount. If you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Safety Course Discount – Successfully completing a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Life Insurance Discount – Some companies give lower rates if you buy life insurance.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up to age 25.
  • Save over 55 – If you’re over the age of 55, you may be able to get a discount up to 10% for Escort insurance.
  • Multiple Vehicles – Having multiple vehicles on the same insurance coverage policy may reduce the rate for each vehicle.

It’s important to note that most credits do not apply the the whole policy. Most cut the cost of specific coverages such as collision or personal injury protection. So when it seems like you would end up receiving a 100% discount, it just doesn’t work that way. Any amount of discount will help reduce the cost of coverage.

To see a list of insurers with the best insurance coverage discounts, click this link.

Situations that might require an agent

When buying the right insurance coverage, there isn’t really a one size fits all plan. Everyone’s needs are different.

Here are some questions about coverages that can aid in determining whether or not you would benefit from professional advice.

  • What if I total my 1994 Ford Escort and owe more than it’s worth?
  • How can I force my company to pay a claim?
  • Why am I required to buy liability insurance?
  • Do all my vehicles need collision coverage?
  • Does medical payments coverage apply to all occupants?
  • Do I need motorclub coverage?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and can help protect your family.

Auto insurance coverage information

Having a good grasp of your policy aids in choosing the best coverages for your vehicles. Car insurance terms can be difficult to understand and reading a policy is terribly boring.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like surgery, funeral costs, pain medications, doctor visits and ambulance fees. They are used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability auto insurance

Liability insurance protects you from damage that occurs to people or other property. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Another option is one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things like legal defense fees, repair bills for other people’s vehicles and pain and suffering. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Coverage for collisions

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as crashing into a building, backing into a parked car, crashing into a ditch, scraping a guard rail and driving through your garage door. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Comprehensive coverages

Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as falling objects, theft and hitting a bird. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This provides protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Ford Escort.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these limits are set the same as your liablity limits.

Smart shoppers get results

Insureds leave their current company for a number of reasons such as high prices, questionable increases in premium, being labeled a high risk driver and delays in paying claims. No matter why you want to switch, choosing a new company is less work than it seems.

As you prepare to switch companies, it’s very important that you do not reduce needed coverages to save money. In many instances, an accident victim reduced collision coverage only to discover later that it was a big mistake. Your aim should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.

In this article, we covered some good ideas how you can reduce 1994 Ford Escort insurance prices online. The key concept to understand is the more providers you compare, the higher your chance of finding lower rates. You may even discover the lowest priced car insurance comes from the least-expected company.

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