Save on 2007 Ford Five Hundred Car Insurance Quotes

Trying to find cheaper car insurance rates for your Ford Five Hundred? I can’t think of anyone who likes paying for car insurance, particularly when their premiums are too high. Multiple insurers compete to insure your vehicles, and because of this it can be hard to compare car insurance companies and get the best coverage at the cheapest price

You need to shop coverage around occasionally because prices are usually higher with each renewal. Just because you found the lowest price for Five Hundred coverage a few years ago the chances are good that you can find a lower rate today. You can find a lot of wrong information about car insurance on the internet, so we’re going to give you some great ways to reduce your car insurance bill.

The most recommended method to compare car insurance company rates takes advantage of the fact auto insurance companies actually pay money for the chance to compare rate quotes. The only thing you need to do is provide the companies a bit of rating information including driver ages, distance driven, if you lease or own, and your general credit rating. Those rating factors is instantly sent to insurance companies and you should receive rate quotes quickly.

To compare rates now, click here and complete the form.

Be sure to get all your discounts

Companies do not advertise all their discounts very clearly, so we took the time to find both the well known as well as the least known auto insurance savings. If you’re not getting every credit you qualify for, you are throwing money away.

  • Accident Forgiveness – Some insurance companies will forgive one accident before hitting you with a surcharge if you are claim-free prior to the accident.
  • More Vehicles More Savings – Insuring multiple cars or trucks on one policy may reduce the rate for each vehicle.
  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and will save you 10% or more.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more off your medical payments premium.
  • Own a Home – Simply owning a home can help you save on auto insurance because maintaining a house shows financial diligence.
  • No Claims – Drivers with accident-free driving histories pay much less when compared with bad drivers.
  • Memberships – Participating in a qualifying organization is a good way to get lower rates when buying auto insurance for Five Hundred coverage.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the cost of specific coverages such as medical payments or collision. Just because you may think adding up those discounts means a free policy, it just doesn’t work that way.

To see a list of insurance companies who offer auto insurance discounts, click here.

Factors that might impact rates for a Ford Five Hundred

It’s important that you understand the rating factors that go into determining the price you pay for insurance. Understanding what determines base rates enables informed choices that may reward you with lower insurance prices.

  • Are you male or female? – The statistics show women are more cautious behind the wheel. Now that doesn’t mean men are worse drivers. Men and women tend to get into accidents in similar percentages, but men tend to have more serious accidents. Men also get more serious tickets such as DWI and reckless driving.
  • Never let your coverage lapse – Having an insurance coverage lapse will be a guaranteed way to trigger a rate increase. Not only will rates go up, but being ticketed for driving with no insurance might get you a license revocation or jail time.
  • Do you have enough liability coverage? – The liability section of your policy will protect you if you are found to be at fault for personal injury or accident damage. Liability insurance provides for a legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • More miles equals more premium – Driving more miles in a year the more you’ll pay to insure your vehicle. Most companies apply a rate based upon how you use the vehicle. Autos used primarily for pleasure use receive lower rates compared to those used for work or business. Double check that your insurance coverage is showing the proper vehicle usage, because improper ratings can cost you money. Incorrect usage on your Five Hundred may be wasting your money.
  • Do you need the policy add-ons? – There are quite a few add-on coverages that you can buy on your Five Hundred policy. Insurance for roadside assistance, towing coverage and motor club memberships are examples of these. They may seem like a good idea when talking to your agent, but if you don’t need them eliminate the coverages to reduce your premium.
  • High numbers of claims are not good – If you tend to file frequent claims, you can pretty much guarantee either higher rates or even cancellation. Companies award discounts to policyholders who do not file claims often. Car insurance is intended for the large, substantial claims.
  • Do you have a high stress job? – Jobs such as doctors, social workers and dentists tend to have the highest average rates because of job stress and long work days. Other occupations such as actors, historians and retirees receive lower rates for Five Hundred coverage.

How do I know if I need professional advice?

When it comes to buying the right insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions might point out whether you will benefit from professional help.

  • What is high-risk coverage and where do I buy it?
  • Which companies will insure high-risk drivers?
  • What are the best liability limits?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I benefit by insuring my home with the same company?
  • Is a fancy paint job covered?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Car insurance coverage breakdown

Understanding the coverages of car insurance can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages found on most car insurance policies.

Collision insurance

Collision coverage will pay to fix damage to your Five Hundred resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like rolling your car, crashing into a ditch and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive car insurance

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, damage from flooding, fire damage, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum amount 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.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your Ford Five Hundred.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for expenses for nursing services, ambulance fees, rehabilitation expenses, funeral costs and chiropractic care. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Liability coverage

This can cover damage that occurs to other people or property in an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things like medical services, bail bonds and funeral expenses. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

A tidy conclusion

We just presented many ways to save on 2007 Ford Five Hundred insurance. It’s most important to understand that the more you quote, the higher your chance of finding lower rates. Consumers may even find the best price on insurance coverage is with a company that doesn’t do a lot of advertising. They can often provide lower rates in certain areas than the large multi-state companies such as Geico and State Farm.

Affordable insurance can be bought both online and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who may not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

More detailed insurance coverage information is located in these articles: