Expensive insurance can empty your personal savings and put a big crunch on your finances. Shopping your coverage around is a smart way to lower your monthly bill. Big companies like State Farm, Progressive and Geico persitently shower you with ads and consumers find it hard to ignore the flying pigs and cute green geckos and take the time to shop coverage around.
Consumers need to price shop coverage before your policy renews since rates are constantly changing. Even if you think you had the lowest price on Fiesta insurance on your last policy there is a good chance you can find better rates now. Forget anything you know (or think you know) about insurance because I’m going to let you in on the secrets to one of the best ways to find great coverage at a great price.
Getting a cheaper price on 2016 Ford Fiesta insurance can be surprisingly simple. Drivers just need to spend a little time to compare rate quotes online with multiple companies. This is very easy and can be done in several different ways.
Probably the best way to compare a lot of rates at once is a comparison rater form (click to open form in new window). This method keeps you from doing separate forms for each company. Completing one form compares rates direct from many companies.
A harder way to get comparison quotes requires visiting the website for every company you want to comare and request a quote. For sake of this example, let’s assume you want to compare rates from Liberty Mutual, State Farm and American Family. To get rate quotes you would need to visit each site to input your insurance information, and that’s why the first method is more popular. For a list of links to insurance companies in your area, click here.
The most time-consuming method of comparing rate quotes is to spend your day driving to and from local insurance agencies. Buying insurance online has reduced the need for local agents unless you require the personal advice that only a license agent can provide. You can, however, find lower rates online and still use a local agent and you’ll learn how to do that later.
It doesn’t matter which method you choose, just compare the exact same coverages and limits for every quote you compare. If you are comparing differing limits you will not be able to find the best deal for your Ford Fiesta.
Car insurance can cost a lot, but there could be available discounts to reduce the price significantly. Certain discounts will be triggered automatically when you quote, but some must be inquired about before you will receive the discount. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.
Keep in mind that most discount credits are not given to the entire cost. Some only apply to individual premiums such as liability, collision or medical payments. Even though it may seem like it’s possible to get free car insurance, you won’t be that lucky. But all discounts will bring down the amount you have to pay.
Car insurance companies who might offer these money-saving discounts include:
Before buying, ask each insurance company what discounts are available to you. Some discounts might not apply in your state.
When buying adequate coverage, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions could help you determine if you would benefit from professional advice.
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.
It’s important that you understand the different types of things that help determine the rates you pay for car insurance. Knowing what impacts premium levels allows you to make educated decisions that will entitle you to lower car insurance prices.
The following are some of the factors companies use to determine prices.
Drivers get pounded daily by advertisements that promise big savings by Progressive, Geico, Allstate and State Farm. All the companies make the same claim that you can save if you change to their company.
How does each company say the same thing? It’s all in the numbers.
All the different companies are able to cherry pick for the right customer they prefer to insure. For instance, a desirable insured might be between 30 and 50, has no prior claims, and chooses high deductibles. A driver who meets those qualifications gets the lowest rates and is almost guaranteed to save a lot of money.
Consumers who fall outside these standards will be quoted higher prices and ends up with the customer not buying. Company advertisements say “customers that switch” not “everyone that quotes” save money. That is how companies can truthfully make those claims.
This emphasizes why you should get a wide range of price quotes. It’s impossible to know which company will give you the biggest savings on Ford Fiesta insurance.
Knowing the specifics of your auto insurance policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverages available from auto insurance companies.
Liability auto insurance
This protects you from damages or injuries you inflict on people or other property that is your fault. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.
Liability insurance covers things such as funeral expenses, emergency aid, repair bills for other people’s vehicles, repair costs for stationary objects and structural damage. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.
Coverage for uninsured or underinsured drivers
This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these limits are identical to your policy’s liability coverage.
Comprehensive auto insurance
Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as hail damage, falling objects, hitting a bird and fire damage. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Coverage for medical expenses
Med pay and PIP coverage reimburse you for immediate expenses for hospital visits, chiropractic care, pain medications and nursing services. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay
Collision coverage protection
This coverage will pay to fix damage to your Fiesta 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 insurance covers claims such as damaging your car on a curb, rolling your car, sideswiping another vehicle, colliding with another moving vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible in order to get cheaper collision rates.
Low-cost 2016 Ford Fiesta insurance can be purchased both online in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis. There are still a few companies who do not provide online quoting and most of the time these small insurance companies sell through independent agents.
We just covered many tips how you can get a better price on insurance. The most important thing to understand is the more quotes you get, the higher the chance of saving money. Drivers may discover the lowest rates come from a small mutual company. Regional companies can often provide lower rates in certain areas than their larger competitors like State Farm, Geico and Nationwide.
Additional detailed information can be found in the articles below: