Expensive insurance coverage can overdraw your bank account and make it impossible to make ends meet. Shopping your coverage around is free and is an excellent way to make sure you’re not throwing money away.
Since consumers have many different company options, it’s difficult to choose the lowest cost company.
It’s a good habit to take a look at other company’s rates every six months since rates are variable and change quite frequently. Despite the fact that you may have had the best price for Escape insurance two years ago other companies may now be cheaper. Starting right now, block out anything you think you know about insurance coverage because you’re going to learn one of the best ways to save money, get proper coverage and the best rates.
Car insurance can cost a lot, buy you may qualify for discounts to help bring down the price. Some discounts apply automatically when you quote, but some must be specifically requested before being credited.
It’s important to note that most of the big mark downs will not be given to all coverage premiums. The majority will only reduce individual premiums such as collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, insurance coverage companies aren’t that generous. But any discount will help reduce your premiums.
Insurance companies that possibly offer these discounts are:
It’s a good idea to ask all companies you are considering which discounts they offer. Savings might not be offered everywhere.
There are a lot of ways you can shop for car insurance but there is one way that is easier and takes less work. You could waste a few hours driving to insurance companies in your area, or you can stay home and use online quotes to get rate comparisons in just a few minutes.
Many of the larger companies belong to an insurance system where insurance shoppers enter their coverage request one time, and each company provides a quote based on the submitted data. This eliminates the need for repetitive form submissions for each company.
To submit your quote information now, click here to start a free quote.
The only drawback to using this type of form is that you can’t choose which insurance companies to receive prices from. So if you want to choose individual companies for rate comparison, we put together a list of car insurance companies in your area. Click here to view list.
It’s up to you how you get prices quotes, just be sure to compare identical coverage information for every company. If your comparisons have mixed coverages you will not be able to make a fair comparison for your Ford Escape. Just a small difference in insurance coverages can result in a big premium difference. And when comparison shopping, quoting more will increase your chances of finding better pricing.
When it comes to choosing adequate coverage for your personal vehicles, there is no best way to insure your cars. Everyone’s situation is unique so your insurance needs to address that. For example, these questions could help you determine if your insurance needs might need an agent’s assistance.
If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.
Having a good grasp of your policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverage types found on the average auto insurance policy.
Liability auto insurance – This can cover damage that occurs to other’s property or people by causing an accident. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined limit which provides one coverage limit without having the split limit caps.
Liability insurance covers things like repair bills for other people’s vehicles, funeral expenses, medical expenses, legal defense fees and loss of income. How much liability coverage do you need? That is your choice, but buy as much as you can afford.
Comprehensive auto insurance – Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things such as vandalism, a tree branch falling on your vehicle, falling objects and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Coverage for uninsured or underinsured drivers – This coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Ford Escape.
Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.
Coverage for medical expenses – Medical payments and Personal Injury Protection insurance pay for expenses like chiropractic care, hospital visits and nursing services. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Collision – This pays for damage to your Escape resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers claims such as colliding with a tree, sustaining damage from a pot hole, driving through your garage door and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.
Cheap 2014 Ford Escape insurance can be sourced from both online companies in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide the ability to get a quote online and most of the time these small, regional companies sell through independent agents.
As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. There are too many instances where someone dropped uninsured motorist or liability limits only to regret at claim time that the savings was not a smart move. Your focus should be to buy enough coverage at the best price while not skimping on critical coverages.
Even more information can be read in these articles: