2015 Ford Five Hundred Insurance Rates

Finding the cheapest insurance for your Ford Five Hundred can normally be difficult, but you can learn the following methods to save time.

There are both good and bad ways to compare insurance rates and we’ll show you the absolute fastest way to price shop coverage on a Ford and find the best price possible either online or from local insurance agents.

Finding the best coverage is quite easy. If you are insured now or need a new policy, you can use this information to find better prices and possibly find even better coverage. Drivers only need to know how to compare company rates online.

Get lower rates on 2015 Ford Five Hundred insurance

Insurance can cost an arm and a leg, but discounts can save money and there are some available to help bring down the price. Certain discounts will be triggered automatically when you get a quote, but some may not be applied and must be specially asked for prior to getting the savings. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

  • No Claims – Drivers who don’t have accidents pay less as compared to accident-prone drivers.
  • Drivers Ed for Students – Require your teen driver to complete a driver education course if it’s offered in school.
  • Braking Control Discount – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
  • Good Student Discount – Performing well in school can earn a discount of 20% or more. The discount lasts until age 25.
  • Early Switch Discount – Select companies give a discount for switching to them prior to your current policy expiring. It’s a savings of about 10%.
  • College Student – Kids in college who are attending college and do not have a car can receive lower rates.
  • Multiple Vehicles – Insuring multiple vehicles on the same insurance coverage policy may reduce the rate for each vehicle.
  • Federal Employees – Active or retired federal employment may qualify you for a discount for Five Hundred insurance depending on your company.

It’s important to note that most discount credits are not given to your bottom line cost. The majority will only reduce specific coverage prices like collision or personal injury protection. So when it seems like having all the discounts means you get insurance for free, you’re out of luck. But any discount will bring down the cost of coverage.

To see a list of companies offering insurance coverage discounts, follow this link.

Tailor your coverage to you

When choosing proper insurance coverage, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

For instance, these questions can aid in determining if your situation would benefit from an agent’s advice.

  • Am I insured when driving a different vehicle?
  • Can I rent a car in Mexico?
  • How do I insure my teen driver?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is upholstery damage covered by car insurance?
  • What is no-fault insurance?
  • Does insurance cover damages from a DUI accident?
  • Do I have coverage when pulling a U-Haul trailer?

If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. If you don’t have a local agent, complete this form. It’s fast, free and you can get the answers you need.

Insurance coverages 101

Having a good grasp of insurance can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Auto liability insurance

This protects you from damage or injury you incur to other’s property or people. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims like loss of income, attorney fees, repair bills for other people’s vehicles, emergency aid and legal defense fees. The amount of liability coverage you purchase is up to you, but consider buying as high a limit as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as vandalism, falling objects, damage from flooding, damage from a tornado or hurricane and fire damage. The most your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like prosthetic devices, nursing services, surgery, pain medications and X-ray expenses. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Auto collision coverage

Collision insurance will pay to fix damage to your Five Hundred resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as crashing into a ditch, crashing into a building and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Summing up your car insurance search

As you shop your coverage around, it’s very important that you do not buy poor coverage just to save money. There are many occasions where an insured cut liability limits or collision coverage and found out when filing a claim that it was a big error on their part. Your strategy should be to purchase plenty of coverage at an affordable rate.

Drivers leave their current company for many reasons like policy non-renewal, lack of trust in their agent, poor customer service and delays in responding to claim requests. It doesn’t matter why you want to switch choosing a new insurance company can be easier than you think.

Cost effective 2015 Ford Five Hundred insurance can be bought online as well as from independent agents, so you should compare both in order to have the best chance of saving money. Some insurance providers don’t offer online quoting and these small, regional companies work with independent agents.

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