Searching for the cheapest insurance rates for your Ford Focus RS? Are you drained from wondering where the money will come from to pay your insurance bill each month? You’re in the same situation as many other drivers. With consumers having so many insurance companies to choose from, it can be challenging to find a more affordable insurance provider.
It’s smart to shop coverage around occasionally because rates change frequently. Despite the fact that you may have had the best premium rates for Focus RS insurance at your last renewal there is a good chance you can find better prices now. There is a lot of bad advice regarding insurance on the web, but in a few minutes you can learn the best ways to buy insurance cheaper.
Some providers don’t always advertise every available discount very clearly, so the list below gives a summary of both well-publicized and the more hidden credits available to you. If you are not receiving all the discounts you qualify for, you could be getting lower rates.
Consumers should know that most credits do not apply to the entire policy premium. Most only apply to specific coverage prices like collision or personal injury protection. So even though it sounds like all the discounts add up to a free policy, it just doesn’t work that way.
To choose providers that provide some of the discounts listed above, click here.
Lots of things are considered when quoting car insurance. Some of the criteria are obvious such as your driving history, but some are more obscure such as your marital status or how financially stable you are.
The itemized list below are most of the major factors used by insurance companies to determine your rates.
When buying the best insurance coverage coverage, there is no single plan that fits everyone. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that could help you determine whether or not you may require specific advice.
If you can’t answer these questions, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.
Drivers can’t escape the ads for cheaper insurance coverage from companies such as State Farm, Allstate and Geico. They all seem to have a common claim about savings if you change to them.
How can each company say the same thing?
Different companies give the best rates for the right customer that earns them the most money. A good example of a preferred risk might be described as between the ages of 40 and 55, is a homeowner, and has excellent credit. Any new insured who fits those characteristics will get low rates and will also save if they switch.
Potential customers who don’t qualify for the requirements may be forced to pay more expensive rates and ends up with the customer not purchasing. The ad wording is “people who switch” not “everyone that quotes” save that much when switching. This is how companies can truthfully make it sound like they have such great rates.
Because every company is different, you should get a wide range of price quotes. It is impossible to guess which company will fit your personal profile best.
Knowing the specifics of a insurance policy aids in choosing which coverages you need for your vehicles. Insurance terms can be ambiguous and reading a policy is terribly boring. Listed below are typical coverage types available from insurance companies.
Liability insurance – This coverage provides protection from damages or injuries you inflict on other’s property or people that is your fault. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability insurance covers things like attorney fees, emergency aid, loss of income and court costs. How much coverage you buy is a personal decision, but consider buying higher limits if possible.
Collision coverage – Collision coverage covers damage to your Focus RS resulting from colliding 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 protects against claims such as driving through your garage door, backing into a parked car, sideswiping another vehicle, crashing into a ditch and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to save money on collision insurance.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Ford Focus RS.
Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually the UM/UIM limits are similar to your liability insurance amounts.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like funeral costs, EMT expenses, pain medications, ambulance fees and nursing services. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay
Comprehensive auto coverage – This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as damage from a tornado or hurricane, fire damage, damage from flooding and damage from getting keyed. The maximum amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Lower-priced auto insurance can be bought both online and from local insurance agents, and you need to price shop both to get a complete price analysis. There are still a few companies who may not provide the ability to get quotes online and many times these regional carriers prefer to sell through independent insurance agents.
When shopping online for auto insurance, it’s a bad idea to buy poor coverage just to save money. In too many instances, someone dropped physical damage coverage only to regret they didn’t purchase enough coverage. Your aim should be to purchase a proper amount of coverage for the lowest cost.
Much more information about auto insurance is located on the following sites: