2014 Ford Flex Insurance Rates

Are you a victim of an overpriced insurance policy? Trust us, you’re not the only one.

Drivers have so many auto insurance companies to purchase coverage from, and although it’s a good thing to have a choice, having more auto insurance companies makes it harder to get the best deal.

Finding Auto Insurance Deals

All major auto insurance companies give price estimates on the web. The process is fairly simple as you just enter the amount of coverage you want as requested by the quote form. Once entered, their rating system collects credit information and your driving record and returns a price. This helps simplify price comparisons, but the time required to go to many different websites and complete many quote forms can be a bit tiresome and repetitive. But it’s very important to have as many quotes as possible in order to find lower prices.

The quickest way to compare auto insurance pricing requires only one form to return rates from several different companies. The form is fast, requires less work, and makes online quotes much more enjoyable. Once the form is submitted, it gets priced and you can select any of the resulting price quotes.

If a lower price is quoted, you can simply submit the application and buy the new coverage. It can be completed in less than 10 minutes and may result in a nice savings.

To fill out one form to compare multiple rates now, click here to open in a new tab and complete the simple form. If you have coverage now, it’s recommended you complete the form with deductibles and limits exactly as they are listed on your policy. This helps ensure you will have comparison quotes for similar coverage.

Can you really save $413 a year?

Companies like Allstate, Geico and Progressive continually stream ads on TV and radio. All the ads say the same thing of big savings after switching to them. How do they all make the same claim? This is how they do it.

Insurance companies can use profiling for the type of driver that is profitable for them. A good example of a desirable insured could be between the ages of 30 and 50, has no prior claims, and drives less than 10,000 miles a year. Any driver who fits that profile will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Potential customers who don’t qualify for these standards will be quoted higher prices and ends up with business not being written. The ads say “drivers who switch” not “everyone that quotes” save money. This is how companies can state the savings.

This emphasizes why it’s extremely important to get a wide range of price quotes. It’s just too difficult to predict which company will provide you with the cheapest Ford Flex insurance rates.

Some factors that can determine what Ford Flex insurance costs

An important part of buying insurance is that you know the different types of things that go into determining insurance coverage rates. Knowing what controls the rates you pay allows you to make educated decisions that will entitle you to lower insurance coverage prices.

Listed below are some of the factors companies use to determine prices.

  • Older drivers pay less – Young drivers have a tendency to be careless and easily distracted when behind the wheel so insurance coverage rates are higher. Older insureds are more cautious drivers, statistically cause fewer accidents and tend to be better behind the wheel.
  • Keep rates low by being claim-free – If you frequently file small claims, you can expect either policy cancellation or increased premiums. Car insurance companies give better rates to policyholders who do not rely on their insurance for small claims. Your insurance policy is intended for the bigger claims that can’t be paid out-of-pocket.
  • Optional equipment can affect rates – Purchasing a vehicle with anti-theft technology or alarm system can help lower your rates. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping car theft.
  • Rate your vehicle for proper use – The more miles you rack up on your Ford every year the more you’ll pay to insure your vehicle. Almost all companies price each vehicle’s coverage based on their usage. Cars not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. Ask your agent if your insurance coverage policy shows how each vehicle is driven. Incorrect usage on your Flex can cost quite a bit.
  • Policy add-ons can waste money – There are quite a few extra bells and whistles that you can buy when buying insurance coverage. Insurance for rental car reimbursement, towing coverage and term life insurance are examples of these. These may sound like a good investment at first, but if they’re wasting money eliminate the coverages to reduce your premium.
  • Never let your coverage lapse – Not having insurance is a misdemeanor and insurance coverage companies will penalize you for letting your insurance expire. Not only will rates go up, but being ticketed for driving with no insurance will get you a revoked license or a big fine.You may have to prove you have insurance by filing a SR-22 with your state DMV.
  • Liability coverage is peace of mind – The liability section of your policy will protect you if you are found liable for damages from an accident. It will provide legal defense starting from day one. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so drivers should carry high limits.

Cut your car insurance rates with discounts

Insurance can cost an arm and a leg, but you can get discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at the time of quoting, but some must be asked about before you will receive the discount.

  • Homeowners Savings – Owning a home may earn you a small savings due to the fact that maintaining a home requires personal responsibility.
  • Senior Discount – If you qualify as a senior citizen, you may be able to get better car insurance rates on Flex insurance.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • No Accidents – Good drivers with no accidents pay much less when compared to accident-prone drivers.
  • Discounts for Safe Drivers – Safe drivers can pay as much as 50% less on Flex insurance than drivers with accidents.

It’s important to note that some credits don’t apply to the entire cost. Most only apply to specific coverage prices like collision or personal injury protection. So when the math indicates all those discounts means the company will pay you, it just doesn’t work that way. Any amount of discount will bring down the amount you have to pay.

For a list of insurers offering car insurance discounts, click here to view.

You are unique and your auto insurance should be too

When buying proper insurance coverage, there really is no cookie cutter policy. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that may help highlight whether or not you could use an agent’s help.

  • Do I have coverage for damage caused while driving under the influence?
  • Why do I only qualify for high-risk insurance?
  • Should I buy only the required minimum liability coverage?
  • Will my insurance pay for OEM parts?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Why am I required to buy liability insurance?
  • How many claims can I have before being cancelled?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Insurance coverages explained

Learning about specific coverages of your policy aids in choosing the best coverages for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. These are the usual coverages found on most insurance policies.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as EMT expenses, pain medications and surgery. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Collision protection

This coverage covers damage to your Flex resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as driving through your garage door, sideswiping another vehicle, crashing into a building, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Auto liability

This coverage protects you from damages or injuries you inflict on other people or property in an accident. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as repair costs for stationary objects, legal defense fees, medical services and court costs. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist coverage

This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Ford Flex.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.

Comprehensive coverage

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like hitting a bird, damage from flooding and a broken windshield. The maximum payout your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Be Smart and Buy Smart

Lower-priced 2014 Ford Flex insurance can be found on the web as well as from independent agents, so compare prices from both in order to have the best chance of saving money. Some insurance companies don’t offer online price quotes and these small insurance companies work with independent agents.

As you restructure your insurance plan, you should never reduce coverage to reduce premium. In many instances, someone sacrificed liability limits or collision coverage and learned later that their decision to reduce coverage ended up costing them more. The proper strategy is to get the best coverage possible for the lowest price while not skimping on critical coverages.

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