If you want to save money, the best way to save on Ford Five Hundred insurance is to annually compare prices from companies in Fort Worth.
Step 1: Read about individual coverages and the factors you can control to keep rates in check. Many factors that result in higher rates like speeding and a less-than-favorable credit history can be remedied by making minor driving habit or lifestyle changes. This article provides tips to get low prices and find additional discounts.
Step 2: Quote rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only provide price estimates from a single company like Progressive or State Farm, while independent agents can give you price quotes for many different companies.
Step 3: Compare the price quotes to your current policy to see if cheaper Five Hundred coverage is available. If you can save money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Provide written notification to your current company of your intention to cancel your current coverage. Submit a completed application and payment for the new policy. As soon as you receive it, keep the new certificate verifying coverage with your vehicle’s registration.
A good tip to remember is to use the same level of coverage on each quote and and to compare as many different insurance providers as possible. This helps ensure the most accurate price comparison and plenty of rates choose from.
Sadly, a large majority of consumers kept their coverage with the same insurance company for well over three years, and 38% of drivers have never compared rates with other companies. Fort Worth consumers can save approximately $1,766 each year, but they mistakenly think it’s difficult to compare rate quotes.
Discount Fort Worth insurance rates
Some companies don’t always advertise every discount in an easy-to-find place, so below is a list some of the more common as well as some of the hidden discounts that may be available.
- Claim-Free Discount – Fort Worth drivers who stay claim-free are rewarded with significantly better rates on Fort Worth car insurance quote as compared to insureds who have frequent claims or accidents.
- Savings for New Vehicles – Buying a new car instead of a used Five Hundred may earn a small discount compared to insuring an older model.
- Defensive Driver – Successfully completing a defensive driving class can save you 5% or more depending on where you live.
- Policy Bundle Discount – If you combine your auto and homeowners policies and insure them with the same company you will save at least 10 to 15 percent or more.
- Multiple Vehicles – Having multiple cars or trucks on the same insurance policy can reduce the rates for all insured vehicles.
- Distant Student Discount – Any of your kids who are enrolled in higher education away from home and do not have a car can be insured at a reduced rate.
Remember that some of the credits will not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as medical payments or collision. Even though it may seem like you could get a free insurance policy, you’re out of luck.
The best insurance companies and a partial list of their discounts can be read below.
- State Farm has discounts for Steer Clear safe driver discount, safe vehicle, good student, multiple policy, accident-free, and good driver.
- Liberty Mutual may have discounts that include safety features, teen driver discount, preferred payment discount, newly retired, multi-car, and exclusive group savings.
- American Family has savings for good student, defensive driver, good driver, early bird, and Steer into Savings.
- Progressive offers discounts including online signing, good student, continuous coverage, online quote discount, and homeowner.
- Farmers Insurance discounts include pay in full, mature driver, teen driver, homeowner, and alternative fuel.
- Auto-Owners Insurance may include discounts for company car, group or association, safe vehicle, anti-theft, air bags, and anti-lock brakes.
- SAFECO offers discounts for anti-theft, safe driver, multi-car, accident prevention training, and teen safe driver.
If you want inexpensive Fort Worth car insurance quotes, ask all the companies which discounts they offer. Some credits might not apply in Fort Worth. To choose insurance companies who offer online Ford Five Hundred insurance quotes in Texas, click here to view.
Most of the larger companies make it easy to get price estimates online. Comparing Ford Five Hundred insurance rates online doesn’t take a lot of time as you simply enter your coverage information as detailed in the form. Once entered, their rating system gets your driving record and credit report and gives you a price quote based on many factors. Getting online price quotes for Ford Five Hundred insurance in Fort Worth makes it a lot easier to compare rates and it is imperative to compare as many rates as possible in order to get cheap prices.
If you want to find out how much you’re overpaying now, visit the companies below or click here to submit a quote request to multiple companies at once. If you have coverage now, it’s recommended you complete the form with the coverages identical to your current policy. Doing this guarantees you’re receiving rate comparison quotes using the exact same coverages.
The car insurance companies shown below can provide free quotes in Texas. If multiple companies are shown, we recommend you visit as many as you can in order to find the lowest rates.
Insurance can get complicated
When quoting and choosing proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Each situation is unique so your insurance should reflect that These are some specific questions might help in determining if your situation may require specific advice.
- What is the premium to book value ratio for dropping full coverage?
- Can I drive in Mexico and have coverage?
- Should I pay a claim out-of-pocket?
- Am I missing any policy discounts?
- Is my Ford Five Hundred covered if I use it for business?
- When should I drop full coverage on my Ford Five Hundred?
- Is my ex-spouse still covered by my policy?
- Who sells insurance for high-risk drivers?
- Do I have ACV or replacement cost coverage?
If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.
Buying insurance from Fort Worth insurance agencies
Certain consumers just prefer to get professional advice from a licensed agent and that can be a smart move Good agents can help you build your policy and give you someone to call. One of the great benefits of price shopping on the web is you can get cheap insurance rates and still buy from a local agent. Buying insurance from local agencies is important particularly in Fort Worth.
To find an agent, once you fill out this quick form, your insurance coverage information is emailed to local insurance agents that can provide free Fort Worth car insurance quotes to get your business. It makes it easy because there is no need to even leave your home as quotes are delivered directly to you. If you need to get a rate quote from a particular provider, you just need to go to their quote page and fill out their quote form.
How to choose the best auto insurance agent in Fort Worth
If you’re trying to find a reliable agent, you should know the different types of agencies from which to choose. Agents in Fort Worth can be described as either exclusive agents or independent agents. Either one can write policy coverage, but it is a good idea to know the difference in how they write coverage since it can affect the type of agent you choose.
These type of agents do not work for one specific company and that allows them to write policies with any number of different companies and find the cheapest rate. If they find a lower price, they simply move your policy to a different company which makes it simple for you.
When comparing insurance prices, you need to include price quotes from several independent agencies to maximize your price options.
The following are Fort Worth independent insurance agents who may provide cheap rate quotes.
Exclusive Insurance Agents
Exclusive agencies normally can only provide a single company’s rates like Farmers Insurance, State Farm, or Allstate. Exclusive agencies are unable to shop your coverage around so they are skilled at selling on more than just price. Exclusive agents receive extensive training on their company’s products and that can be a competitive advantage.
Listed below are exclusive agents in Fort Worth who can help you get rate quotes.
Deciding on an car insurance agent shouldn’t rely on just the bottom line cost. You should also get answers to these questions.
- Do they have any clout with companies to ensure a fair claim settlement?
- If you raise deductibles, how much can you save?
- How long have they worked with personal auto insurance coverage?
- Does the quote include credit and driving reports?
- Do they write coverage based solely on cost?
- Is the agent properly licensed in Texas?
- Is there a local claims center in Fort Worth?
Protect more than your Ford vehicle
Even though Fort Worth Five Hundred insurance rates can get expensive, insuring your vehicle is mandatory in Texas but it also protects more than you think.
First, almost all states have minimum liability requirements which means the state requires a specific level of liability protection in order to be legal. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you have a lien on your vehicle, most lenders will stipulate that you buy full coverage to ensure loan repayment if the vehicle is totaled. If you default on your policy, the lender may have to buy a policy to insure your Ford at a more expensive rate and make you pay for the expensive policy.
Third, insurance protects your car and your assets. It will also pay for medical bills incurred in an accident. One policy coverage, liability insurance, also covers legal expenses if you are sued as the result of your driving. If damage is caused by hail or an accident, your policy will pay all costs to repair after the deductible has been paid.
The benefits of insuring your Five Hundred are without a doubt worth the cost, especially with large liability claims. Unknowingly, the average driver overpays more than $825 a year so compare rate quotes at every policy renewal to be sure current rates are still competitive.
Auto insurance coverages
Having a good grasp of your car insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average car insurance policy.
Collision coverage protection
This coverage pays for damage to your Five Hundred resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.
Collision insurance covers claims such as hitting a mailbox, scraping a guard rail and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also choose a higher deductible on your Five Hundred to bring the cost down.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like damage from a tornado or hurricane, hitting a deer, fire damage, a tree branch falling on your vehicle and a broken windshield. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Auto liability insurance
Liability coverage will cover damage that occurs to people or other property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 30/60/25 that translate to a $30,000 limit per person for injuries, a limit of $60,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit without having the split limit caps.
Liability coverage protects against claims like medical services, bail bonds, repair costs for stationary objects, loss of income and funeral expenses. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible. Texas state law requires minimum liability limits of 30/60/25 but you should think about purchasing more coverage.
The illustration below demonstrates why buying minimum limits may not be enough.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and damage to your Ford Five Hundred.
Since many Texas drivers have only the minimum liability required by law (which is 30/60/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Normally these limits are set the same as your liability limits.
Insurance for medical payments
Coverage for medical payments and/or PIP reimburse you for bills such as chiropractic care, prosthetic devices and EMT expenses. They are used in conjunction with a health insurance program or if there is no health insurance coverage. It covers you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states and may carry a deductible
Don’t give up on cheap rates
As you shop your coverage around, never buy lower coverage limits just to save a few bucks. In too many instances, an accident victim reduced uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. The goal is to purchase a proper amount of coverage at a price you can afford, but don’t skip important coverages to save money.
Discount Ford Five Hundred insurance in Fort Worth is attainable on the web as well as from insurance agents, so you need to shop Fort Worth car insurance with both to have the best selection. Some companies do not provide price quotes online and usually these smaller companies prefer to sell through local independent agencies.
In this article, we presented some good ideas how you can shop for Ford Five Hundred insurance online. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Consumers may even find the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising. These smaller insurers often have lower premium rates on specific markets than their larger competitors like Allstate and Progressive.
For more information, link through to these articles:
- Distracted Driving Statistics (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Rates for Drivers with a Bad Driving Record in Fort Worth? (FAQ)
- How Much is Fort Worth Car Insurance for a Hyundai Elantra? (FAQ)
- Who Has the Cheapest Auto Insurance for a Subaru Outback in Fort Worth? (FAQ)
- Who Has Cheap Fort Worth Car Insurance Quotes for Low Mileage Drivers? (FAQ)
- Who Has the Cheapest Fort Worth Auto Insurance for a Nissan Sentra? (FAQ)
- Who Has Affordable Car Insurance for 18 Year Olds in Fort Worth? (FAQ)
- Who Has the Cheapest Fort Worth Auto Insurance for a Kia Optima? (FAQ)
- Things to Know Before you Cancel Insurance (Allstate)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Top Signs Your Brakes are Giving Out (State Farm)