1993 Ford Five Hundred Car Insurance Rates – 5 Ideas for Cheaper Quotes

Want the cheapest car insurance rates for your Ford Five Hundred? Are you sick and tired of not being able to afford to insure your Ford every month? You are in the same boat as the majority of other car owners. With so many online and local companies to choose from, it can be diffult for consumers to choose the cheapest insurance company.

You should take the time to price shop coverage every six months because prices fluctuate regularly. Just because you found the best deal for Five Hundred coverage on your last policy other companies may now be cheaper. Forget all the misinformation about car insurance because you’re about to find out the right way to save money, get proper deductibles and limits, all at the lowest rate.

Buying car insurance is quite easy. If you have a policy now or are just looking to switch companies, you can follow these tips to shop for the lowest rates while maximizing coverage. Vehicle owners just need to learn the most effective way to shop their coverage around online.

Compare the Market for Insurance

Lowering your 1993 Ford Five Hundred insurance rates is not a difficult process. The only thing you need to do is invest a few minutes to get quotes online from several insurance companies. This is very easy and can be done in a couple of different ways.

  1. The easiest and least time consuming way consumers can make multiple comparisons would be an industry-wide quote request form click here to open form in new window. This method saves time by eliminating repetitive form submissions for each company. In just a few minutes this one form gets rate comparisons from many national carriers.
  2. A harder way to compare prices is to manually visit each individual company website to request a price quote. For example, we’ll pretend you want rates from Progressive, Allstate and State Farm. To get rate quotes you would need to visit each site to input your insurance information, which is why the first method is quicker.

    For a handy list of car insurance company links in your area, click here.

  3. The most time-consuming method to get comparison rates is to waste gas driving to and from local insurance agencies. The internet has reduced the need for local agents unless you require the personal advice only provided by licensed agents. Drivers can find lower rates online and still use a local agent and we’ll touch on that later.

Whichever method you choose, make absolute certain that you use apples-to-apples information on every quote. If your comparisons have different limits and deductibles on each one you will not be able to determine which rate is truly the best.

You may need specialized coverage

When choosing proper insurance coverage, there isn’t really a cookie cutter policy. Every situation is different so your insurance should reflect that For instance, these questions can aid in determining whether or not you may require specific advice.

  • Am I covered if I hit my neighbor’s mailbox?
  • Is my 1993 Ford Five Hundred covered for flood damage?
  • I have health insurance so do I need medical payments coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered when driving a rental car?
  • What is the difference between comprehensive and collision coverage?
  • What should my uninsured motorist coverage limits be in my state?
  • Am I covered if my car is in a flood?

If you’re not sure about those questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance companies in your area. It’s fast, free and you can get the answers you need.

Auto insurance 101

Knowing the specifics of your policy can be of help when determining appropriate coverage for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages found on most insurance policies.

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Five Hundred.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive coverages

Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like vandalism, damage from getting keyed, hitting a deer and a tree branch falling on your vehicle. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision insurance

This covers damage to your Five Hundred caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like colliding with a tree, hitting a parking meter and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Liability

Liability coverage can cover damage or injury you incur to other people or property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims like emergency aid, court costs, medical expenses, medical services and loss of income. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for prosthetic devices, doctor visits and funeral costs. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay