How Much Does 2011 Ford Flex Insurance Cost?

Trying to find cheaper insurance coverage rates for your Ford Flex? Comparing car insurance rates is not a task car owners appreciate, but it’s required in every state in order to satisfy compulsory insurance requirements.

Smart consumers take time to do rate comparisons every six months since insurance rates are variable and change quite frequently. Even if you got the lowest price for Flex insurance a few years ago other companies may now be cheaper. So forget anything you know (or think you know) about insurance coverage because you’re about to learn the things you must know in order to remove unneeded coverages and save money.

Parts of the Ford Flex rate equation

It’s important that you understand the factors that help determine the price you pay for insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that could result in better insurance rates.

The following are a few of the “ingredients” used by your company to calculate premiums.

  • Liability coverage is peace of mind – Liability insurance provides coverage if you are found liable for causing damage or personal injury in an accident. Liability provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not skimp.
  • Do you qualify for a multi-policy discount? – The majority of insurers provide better rates to policyholders who carry more than one policy. It’s known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even with this discount, you may still want to shop around to verify if the discount is saving money. Consumers may find better rates by splitting coverages up.
  • Mature drivers pay less – Mature drivers are more cautious drivers, tend to file fewer claims and are safer drivers. Teenage drivers are statistically proven to be less responsible in a vehicle therefore insurance rates are much higher.
  • Traffic citations inflate rates – Your driving citation history has a lot to do with how much you pay for insurance. Just one speeding ticket can increase rates twenty percent or more. Good drivers tend to pay less for car insurance compared to drivers with tickets. Drivers who have flagrant citations such as DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with their state DMV in order to keep their license.

Auto Insurance Prices

All major auto insurance companies give coverage prices on the web. This process doesn’t take a lot of time as you simply enter the coverage amounts you desire into the quote form. After the form is submitted, the company’s rating system automatically orders credit information and your driving record and returns a price quote based on these factors.

Online quotes helps simplify price comparisons, but the time required to go to a lot of sites and fill out multiple forms gets old quite quickly. But it’s very important to perform this step in order to get the lowest auto insurance rates.

The quickest way to find better auto insurance pricing requires only one form to return rates from several different companies. It’s a real time-saver, eliminates form submissions, and makes price shopping online much more enjoyable. After sending your information, it is quoted and you can select any of the quotes returned.

If one or more price quotes are lower than your current rates, you can click and sign and purchase the new policy. This process can be completed in less than 10 minutes and you will find out if you’re overpaying now.

To compare rates now, simply click here to open in new window and complete the simple form. If you currently have coverage, we recommend you replicate the coverages identical to your current policy. Doing this guarantees you are getting rate quotes for the exact same coverage.

How to reduce Ford Flex insurance rates

Car insurance is not cheap, but you can get discounts to help offset the cost. Certain discounts will be triggered automatically at the time of purchase, but less common discounts must be asked for before you will receive the discount.

  • Drive Safe and Save – Insureds without accidents may save up to 50% more for Flex insurance than drivers with accidents.
  • Save over 55 – If you’re over the age of 55, you can possibly qualify for reduced rates for Flex insurance.
  • Resident Student – Kids in college who live away from home and don’t have a car can be insured at a reduced rate.
  • Safety Course Discount – Completing a course in driver safety could possibly earn you a 5% discount if you qualify.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use a seat belt could save 15% on the medical payments or PIP coverage costs.
  • Discount for Life Insurance – Some companies give a discount if you purchase a life insurance policy as well.

Keep in mind that some of the credits will not apply to your bottom line cost. A few only apply to the price of certain insurance coverages like medical payments or collision. Just because it seems like all those discounts means the company will pay you, it doesn’t quite work that way. Any amount of discount will help reduce your premiums.

Insurance companies who might offer these benefits are:

Double check with each insurance company how you can save money. Savings may not apply everywhere.

Tailor your coverage to you

When it comes to buying the best car insurance coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out whether you might need an agent’s assistance.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Is a new car covered when I drive it off the dealer lot?
  • Should I buy more coverage than the required minimum liability coverage?
  • Is my Ford Flex covered if I use it for business?
  • What is the minimum liability in my state?
  • Am I covered if I hit a deer?
  • What can I do if my company won’t pay a claim?
  • Is my teen driver covered when they drive my company car?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Car insurance coverages 101

Understanding the coverages of your policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Comprehensive coverage – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like vandalism, hitting a bird and rock chips in glass. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability car insurance – This protects you from injuries or damage you cause to people or other property. It protects you against other people’s claims. It does not 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 commonly see liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) 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 court costs, pain and suffering, attorney fees, repair bills for other people’s vehicles and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Collision coverage – This covers damage to your Flex from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as sideswiping another vehicle, colliding with a tree, hitting a parking meter, damaging your car on a curb and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Ford Flex.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance provide coverage for bills for things like hospital visits, EMT expenses and prosthetic devices. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

A penny earned…

Cheaper 2011 Ford Flex insurance is possible from both online companies and with local insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. A few companies do not offer the ability to get a quote online and most of the time these small insurance companies sell through independent agents.

You just read some good ideas how to save on insurance. The key concept to understand is the more you quote, the higher the chance of saving money. Drivers may discover the lowest rates come from some of the smallest insurance companies.

As you go through the steps to switch your coverage, never buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced uninsured motorist or liability limits only to discover later that the small savings ended up costing them much more. Your aim should be to get the best coverage possible at a price you can afford while still protecting your assets.

Additional insurance information can be found at the links below