Cheaper 2018 Ford Escape Insurance Quotes

Are you tired of wondering where the money will come from to pay your insurance bill each month? Your situation is no different than the majority of other drivers. Due to the large number of insurance companies to choose from, it can be hard to find a lower cost insurer.

What determines Ford Escape insurance prices?

Multiple criteria are part of the calculation when you quote your car insurance policy. Some are pretty understandable such as your driving history, but others are not quite as obvious like where you live or your commute time.

The following are some of the most common factors used by insurance companies to determine your prices.

  • Bad credit hurts insurance prices – Having a good credit score is likely to be a major factor in determining premium rates. So if your credit history is low, you could potentially save money when insuring your 2018 Ford Escape by improving your credit score. Consumers who have very high credit ratings tend to be more responsible than those with worse credit.
  • Don’t buy incidental coverages you don’t need – Insurance companies have many extra coverages that can waste your money if you don’t pay attention. Coverage for things like coverage for rental cars, accident forgiveness, and membership fees are probably not needed. They may seem good when buying your policy, but if you don’t need them eliminate them to save money.
  • Do you know your coverage deductibles? – Protection for physical damage, otherwise known as comp (or other than collision) and collision, helps pay for damage to your vehicle. Examples of covered claims are a windshield shattered by a rock, vandalism, and rolling your vehicle. Your deductibles define how much you are willing to pay before your insurance coverage pays a claim. The larger the amount you pay before a claim is paid (deductible), the lower your rates will be for Escape coverage.
  • Male costs may be higher – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. Now that doesn’t mean females are better drivers. Men and women cause fender benders in similar numbers, but the men have costlier accidents. In addition to higher claims, males also get cited for more serious violations such as reckless driving. Young men ages 16 to 20 tend to get in the most accidents and thus pay the highest rates.
  • Know your vehicle’s NHTSA crash test rating – Vehicles with high crash test scores can get you lower premiums. Vehicles engineered for safety reduce occupant injuries and fewer injuries translates into savings for insurance companies and lower rates for you.
  • Obey driving laws and save – How you drive influences premium rates substantially. Even one ticket can boost insurance rates by twenty percent. Good drivers get better rates than bad drivers. Drivers who have received multiple tickets such as DUI or reckless driving may face state-mandated requirements to complete a SR-22 with the DMV in their state in order to legally drive.

Save a ton by taking advantage of discounts

Companies don’t always advertise the entire discount list in an easy-to-find place, so the list below gives a summary of some of the more common and the harder-to-find discounts that you can inquire about if you buy car insurance online.

  • Low Mileage Discounts – Maintaining low annual mileage can earn lower rates due to less chance of an accident.
  • Safe Drivers – Insureds who avoid accidents may save up to 50% more for Escape coverage than drivers with accident claims.
  • Early Renewal Discounts – Select insurance companies give a discount for buying a policy before your current expiration date. This can save 10% or more.
  • Drivers Education – It’s a good idea to have your young drivers complete a driver education course in school.
  • ABS and Traction Control Discounts – Cars equipped with ABS or steering control are safer to drive so companies give up to a 10% discount.
  • No Charge for an Accident – Not really a discount, but a handful of insurance companies may permit one accident before raising your premiums with the catch being you have to be claim-free for a specific time period.
  • Paperless Signup – A few larger companies will provide an incentive for buying your policy digitally online.
  • Driver Training Discounts – Passing a class that teaches safe driver techniques can save you 5% or more and easily recoup the cost of the course.

As is typical with insurance, some of the credits will not apply to the overall cost of the policy. The majority will only reduce individual premiums such as liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, you won’t be that lucky. Any qualifying discounts will lower your policy premiums.

Popular insurance companies and a summarized list of policyholder discounts are:

  • Geico offers discounts for multi-vehicle, driver training, air bags, federal employee, seat belt use, and military active duty.
  • Travelers may include discounts for multi-car, early quote, IntelliDrive, student away at school, and driver training.
  • Nationwide discounts include Farm Bureau membership, accident-free, defensive driving, business or organization, good student, anti-theft, and easy pay.
  • Farmers Insurance offers premium reductions for bundle discounts, electronic funds transfer, business and professional, youthful driver, switch companies, distant student, and multi-car.
  • Esurance includes discounts for safety device, DriveSense, good student, paid-in-full, anti-theft, online quote, and anti-lock brakes.
  • State Farm offers discounts including student away at school, passive restraint, safe vehicle, good driver, accident-free, good student, and multiple autos.
  • Progressive has discounts for homeowner, online signing, good student, online quote discount, and multi-policy.
  • Mercury Insurance has savings for multi-car, good driver, accident-free, type of vehicle, professional/association, low natural disaster claims, and multi-policy.

If you need lower rates, check with every prospective company to apply every possible discount. Some of the discounts discussed earlier may not apply in your area. To find insurance companies who offer free insurance quotes, click here.

Be skeptical of insurance ads

Drivers constantly see and hear ads for the lowest price insurance from companies such as Progressive, Geico, Allstate and State Farm. All the companies tend to make the same promise that people will save just by switching your policy.

How is it possible that every company can have lower policy pricing? Here is the trick they use.

Many companies offer their best rates for the type of insured that earns them a profit. An example of a profitable insured should be over the age of 50, owns their home, and drives a lower-performance vehicle. Someone who meets those qualifications will probably get the lowest car insurance rates and is almost guaranteed to save a lot if they switch.

Insureds who don’t meet the requirements may be forced to pay higher premiums and business not being written. The trick companies use is to say “customers that switch” not “everyone that quotes” save money. That’s why companies can truthfully claim big savings.

That is why you should do a rate comparison at every renewal. It’s not possible to predict with any certainty which company will provide the lowest prices.

How much car insurance do I need?

When it comes to buying proper insurance coverage for your vehicles, there really is no single plan that fits everyone. Everyone’s needs are different so your insurance needs to address that. These are some specific questions can help discover whether your personal situation might need professional guidance.

  • Am I covered if I drive in a foreign country?
  • Is a blown tire covered by insurance?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Does my insurance cover my expensive audio equipment?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Should I have a commercial auto policy?
  • Does having multiple vehicles earn me a discount?
  • Am I covered if I break a side mirror?
  • Are all vehicle passengers covered by medical payments coverage?
  • How high should deductibles be on a 2018 Ford Escape?

If you can’t answer these questions but a few of them apply then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Parts of your insurance policy

Understanding the coverages of a insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages offered by insurance companies.

Comprehensive (Other than Collision)

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like theft, fire damage, hail damage and a broken windshield. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision insurance

This coverage covers damage to your Escape caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like scraping a guard rail, sideswiping another vehicle and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as doctor visits, pain medications, surgery and funeral costs. They are often used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Coverage for liability

This coverage provides protection from damages or injuries you inflict on a person or their property in an accident. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use one number which is a combined single limit 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, pain and suffering and medical services. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2018 Ford Escape.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Quote more. Save more.

In this article, we presented many ideas to get a better price on 2018 Ford Escape insurance. The most important thing to understand is the more price quotes you have, the better likelihood of getting cheaper car insurance. You may even find the lowest priced insurance coverage comes from some of the smallest insurance companies. These smaller insurers can often provide lower prices in certain areas than the large multi-state companies such as Progressive and Geico.

More affordable insurance coverage is definitely available from both online companies in addition to many insurance agents, and you should compare rates from both to have the best rate selection. Some insurance providers don’t offer the ability to get quotes online and many times these regional insurance providers prefer to sell through independent agents.

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