Cheaper 2003 Ford Five Hundred Car Insurance Rates

Looking for cheaper auto insurance rates for your Ford Five Hundred? If online auto insurance comparisons are new to you, you may be confused by the sheer number of online companies all offering big savings.

If you are paying for car insurance now, you will be able to save some money using these techniques. Pricing more affordable car insurance coverage is not that difficult. But drivers benefit from understanding how insurance companies market on the web because it can help you find the best coverage.

How to Compare Insurance Rates

Most major insurance companies like Progressive, Allstate and Geico quote prices for coverage directly from their websites. Obtaining pricing is pretty easy as you simply type in the amount of coverage you want as requested by the quote form. When complete, their system automatically orders your driving record and credit report and provides a quote determined by many factors.

This makes comparing rates easy, but the time required to go to multiple sites and complete many quote forms gets old quite quickly. But it’s absolutely necessary to have as many quotes as possible in order to get lower prices.

Quote rates the easy way

The quickest way to get multiple rate quotes uses one form to return rates from multiple companies. It’s a real time-saver, helps eliminate reptitive entry, and makes quoting online much simpler. As soon as the form is sent, it is rated with multiple companies and you can pick your choice of the quotes returned. If you find a better price you can click and sign and buy the new coverage. The whole process takes 15 minutes at the most and could lower your rates considerably.

To get comparison pricing now, simply click here to open in new window and fill out the form. To compare your current rates, we recommend you type in the insurance coverages identical to your current policy. This ensures you will get comparison quotes using the same coverage and limits.

Tailor your coverage to you

When it comes to buying the best auto insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that can aid in determining whether or not you could use an agent’s help.

• Am I covered if I wreck a rental car?
• Am I better off with higher deductibles on my 2003 Ford Five Hundred?
• Do I get a pro-rated refund if I cancel my policy early?
• Is my trailer covered?
• Do I need medical payments coverage since I have good health insurance?
• Am I covered when using my vehicle for business?
• Is pleasure use cheaper than using my 2003 Ford Five Hundred to commute?
• Is my vehicle covered by my employer’s policy when using it for work?
• Will I lose any money if I cancel my policy before it expires?
• What are the financial responsibility laws in my state?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form.

Car insurance 101

Knowing the specifics of insurance helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Comprehensive coverage – This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as hail damage, a broken windshield, damage from a tornado or hurricane and hitting a bird. The maximum payout your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability – This coverage will cover damage that occurs to other people or property. It protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers things like loss of income, emergency aid, pain and suffering and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as prosthetic devices, ambulance fees, hospital visits and dental work. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Collision coverage – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as scraping a guard rail, driving through your garage door, damaging your car on a curb, crashing into a ditch and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.