Cheap 2001 Ford Escape Car Insurance Rates

Drivers have options when trying to find the best price on Ford Escape insurance. They can either spend hours driving around getting price quotes or leverage the internet to get rate quotes.

There are both good and bad ways to buy insurance coverage and you need to know the absolute fastest way to quote coverages for a Ford and get the lowest price either online or from local insurance agents.

How to Compare Insurance Coverage Costs

Most major insurance companies like State Farm and Allstate give coverage price quotes directly from their websites. Getting online quotes is quite simple as you just type in your coverage information as requested by the quote form. After the form is submitted, their system sends out for your driving and credit reports and generates a price based on these factors.

Being able to quote online makes comparing rates easy, but the process of having to visit multiple sites and enter the same data into a form is not the best way to spend an afternoon. Unfortunately, it is important to do this in order to get the best price possible.

A less time-consuming method to get multiple rate quotes requires only one form that obtains quotes from several companies at one time. It’s a real time-saver, reduces the work, and makes online shopping much simpler. After your information is entered, it is quoted and you can choose any or none of the pricing results.

If you find a better price it’s easy to complete the application and purchase coverage. The whole process just takes a couple of minutes and can result in significant savings.

In order to find out how much you’re overpaying now, click here and submit your coverage information. If you have a policy now, it’s recommended you input the coverage information identical to your current policy. This guarantees you will have a price comparison for similar coverage.

Take advantage of discounts

The price of auto insurance can be rather high, but you can get discounts that many people don’t even know exist. Most are applied at the time of quoting, but lesser-known reductions have to be asked about before you will receive the discount. If they aren’t giving you every credit possible, you’re paying more than you need to.

  • Multiple Policy Discount – If you have multiple policies with the same insurance company you could get a discount of at least 10% off all policies.
  • Federal Government Employee – Active or retired federal employment can save as much as 8% on Escape coverage with select insurance companies.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. The discount lasts well after school through age 25.
  • Drive Safe and Save – Safe drivers may save up to 50% more on Escape coverage than less cautious drivers.
  • Clubs and Organizations – Being a member of a professional or civic organization is a good way to get lower rates when shopping for insurance on Escape coverage.
  • Anti-theft Discount – Anti-theft and alarm systems are stolen less frequently and therefore earn up to a 10% discount.
  • Low Mileage Discounts – Fewer annual miles on your Ford could qualify for better rates on cars that stay parked.

It’s important to understand that most credits do not apply to the overall cost of the policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears all those discounts means the company will pay you, it doesn’t quite work that way. But any discount will help reduce the cost of coverage.

A partial list of companies that may have these money-saving discounts are:

It’s a good idea to ask all companies you are considering how you can save money. Savings may not apply in every state.

How to know if you need help

When it comes to buying adequate coverage, there really is not a cookie cutter policy. Everyone’s situation is a little different.

For instance, these questions can help discover if your situation might need professional guidance.

  • When should my teen driver be added to my policy?
  • When do I need to add a new car to my policy?
  • Do I need higher collision deductibles?
  • Am I covered when driving someone else’s vehicle?
  • Does my personal policy cover me when driving out-of-state?
  • What if I don’t agree with a claim settlement offer?
  • What is covered by UM/UIM coverage?
  • Can I get a multi-policy discount?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can provide invaluable advice.

Why your Ford Escape insurance rates may be high

An important part of buying insurance is that you know the different types of things that go into determining the price you pay for auto insurance. When you know what positively or negatively controls the rates you pay helps enable you to make changes that could result in lower auto insurance prices.

Listed below are a few of the “ingredients” that factor into premiums.

  • Don’t let your coverage lapse – Letting your insurance expire is a fast way to pay more for auto insurance. Not only will rates go up, getting caught without coverage may earn you a revoked license or a big fine.
  • Your credit rating is important – Your credit rating is a big factor in your rate calculation. Consumers who have good credit tend to be less risk to insure than those with poor credit. If your credit rating can use some improvement, you could save money insuring your 2001 Ford Escape by repairing your credit.
  • Are you male or female? – Statistics demonstrate women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. Men and women tend to get into accidents in similar numbers, but men cause more damage and cost insurance companies more money. Men also have more aggressive citations such as DWI and reckless driving.
  • Discounts for married couples – Having a wife or husband actually saves money on auto insurance. Having a spouse usually means you are more mature it has been statistically shown that married drivers get in fewer accidents.
  • Where you reside plays a part – Residing in a rural area has it’s advantages when buying auto insurance. Urban drivers tend to have congested traffic and longer commutes to work. Fewer drivers means reduced accidents and also fewer theft and vandalism claims.
  • You might want pay the small claims yourself – Companies give cheaper rates to insureds who do not rely on their insurance for small claims. If you tend to file frequent claims, you can expect either higher rates or even cancellation. Car insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Lower miles equals lower premium – The more you drive in a year the more you’ll pay to insure your vehicle. Most companies price each vehicle’s coverage determined by how the vehicle is used. Vehicles used primarily for pleasure use qualify for better rates than those used for commuting. Double check that your auto insurance policy is rated on the correct driver usage. Incorrect usage on your Escape can result in significantly higher rates.

Can switching companies really save?

Drivers get pounded daily by advertisements for cheaper car insurance from companies such as State Farm and Allstate. They all seem to have a common claim of big savings if you move your policy.

But how can every company say the same thing?

Insurance companies can use profiling for the type of customer that earns them a profit. A good example of a profitable customer might be between 30 and 50, insures multiple vehicles, and has a short commute. Any driver who matches those parameters will get very good rates and as a result will probably pay quite a bit less when switching companies.

Potential customers who are not a match for this ideal profile must pay a more expensive rate and ends up with the driver buying from a lower-cost company. The ads say “customers that switch” not “people who quote” save that kind of money. This is how companies can advertise the savings.

This illustrates why you need to compare as many rates as you can. Because you never know the company that will give you the biggest savings on Ford Escape insurance.

Insurance coverage specifics

Having a good grasp of your policy can be of help when determining the right coverages and the correct deductibles and limits. Insurance terms can be ambiguous and nobody wants to actually read their policy.

Liability – Liability coverage provides protection from injuries or damage you cause to people or other property. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for claims such as medical expenses, court costs, structural damage and emergency aid. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Collision coverages – This pays for damage to your Escape resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as colliding with another moving vehicle, backing into a parked car, scraping a guard rail, hitting a mailbox and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your 2001 Ford Escape.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive coverage – This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as damage from a tornado or hurricane, damage from getting keyed, falling objects, theft and damage from flooding. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical payments coverage and PIP – Med pay and PIP coverage reimburse you for short-term medical expenses for rehabilitation expenses, ambulance fees and X-ray expenses. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Smart shoppers get results

You just read a lot of information how to lower your 2001 Ford Escape insurance rates. The key thing to remember is the more rate quotes you have, the better your comparison will be. Drivers may discover the best prices are with a small local company.

Affordable insurance can be sourced from both online companies and with local insurance agents, so compare prices from both in order to have the best price selection to choose from. Some companies do not offer online quoting and many times these small insurance companies only sell through independent insurance agents.

As you go through the steps to switch your coverage, it’s very important that you do not buy poor coverage just to save money. Too many times, an accident victim reduced liability limits or collision coverage and discovered at claim time that the savings was not a smart move. Your focus should be to buy the best coverage you can find at an affordable rate.

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