2022 Ford Maverick Insurance Cost in 2024 – 10 Tricks for Cheaper Prices

Trying to find lower insurance rates for your Ford Maverick? Pretty sure you bought overpriced insurance? You’re in good company because you are not the only one feeling buyer’s remorse.

Numerous car insurance companies battle to insure your vehicles, so it can be very hard to choose a insurance company and uncover the absolute best rates possible.

If you currently have car insurance, you should be able to lower your premiums substantially using this strategy. Finding affordable coverage is quite easy. But vehicle owners do need to learn how big insurance companies determine prices and take advantage of how the system works.

Are you receiving every discount?

Car insurance can cost a lot, but there could be significant discounts that many consumers don’t even know exist. Certain discounts will be triggered automatically at quote time, but some need to be requested specifically prior to receiving the credit.

• Life Insurance Discount – Select insurance carriers reward you with lower prices if you buy some life insurance too.
• Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle up before driving may be able to save a few bucks off PIP or medical payments premium.
• ABS Braking Discount – Cars and trucks with anti-lock braking systems prevent accidents and earn discounts up to 10%.
• One Accident Forgiven – This one isn’t a discount, but a few companies such as Liberty Mutual, Allstate and State Farm may permit one accident before your rates go up if you have no claims for a specific time period.
• Pay Early and Save – If paying your policy premium upfront rather than spreading payments over time you can avoid the installment charge.
• New Vehicle Savings – Buying a new car model can cost up to 25% less compared to insuring an older model.
• Discount for Multiple Policies – When you combine your homeowners and auto insurance with the same company you may save at least 10 to 15 percent or more.
• Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and that can save you a little bit as well.
• Data Collection Discounts – Drivers who elect to allow their insurance company to track where and when they drive by using a small device installed in their vehicle like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates if they show good driving skills.
• Federal Employees – Active or former government employment may qualify for a discount when you quote insurance for Maverick coverage with select insurance companies.

While discounts sound great, it’s important to understand that many deductions do not apply to the entire cost. Some only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates all those discounts means the company will pay you, it just doesn’t work that way.

A few of the larger companies and some of their more popular discounts are detailed below.

• Progressive offers discounts including continuous coverage, homeowner, good student, online signing, multi-vehicle, and online quote discount.
• MetLife discounts include good student, accident-free, good driver, multi-policy, claim-free, and defensive driver.
• Mercury Insurance has discounts for accident-free, multi-policy, location of vehicle, annual mileage, and type of vehicle.
• Nationwide may have discounts that include good student, business or organization, accident-free, multi-policy, defensive driving, easy pay, and family plan.
• GEICO may offer discounts for emergency military deployment, federal employee, military active duty, anti-lock brakes, and anti-theft.
• AAA offers discounts for anti-theft, AAA membership discount, good student, pay-in-full, and multi-policy.

Double check with every prospective company how you can save money. Discounts may not be available everywhere.

How to get low cost insurance

The are a couple different ways of comparing rate quotes from insurance companies in your area. The simplest method to find the lowest 2022 Ford Maverick rates is to jump online and get quotes. This can be accomplished in a couple minutes as outlined below.

If you’re in a hurry, the quickest way to find low rates would be an industry-wide quote request form. This method prevents you from having to do separate quotes for each company you want a rate for. One simple form compares rates from all major companies.

A more difficult way to find more affordable insurance requires a trip to each company’s website and complete a new quote form. For instance, we’ll pretend you want to see prices from State Farm, Farmers and Liberty Mutual. To do that, you would have to navigate to each company’s site to enter your coverage information, which is why the first method is more popular.

It doesn’t matter which method you choose, just be sure you’re using the same coverage data for every company. If you have mixed coverages it’s not possible to determine which rate is truly the best. Even a minor difference in insurance coverages could skew the results. And when comparing insurance rates, know that comparing more quotes gives you a better chance of getting a lower rate. Some companies don’t provide quotes online, so it’s important to also get prices from them as well.

When in doubt talk to an agent

When choosing proper insurance coverage for your vehicles, there really is no single plan that fits everyone. Every situation is different so this has to be addressed. These are some specific questions could help you determine if your situation would benefit from professional advice.

• Can I pay claims out-of-pocket if I buy high deductibles?
• What happens if I owe more than my 2022 Ford Maverick is worth?
• Does my personal policy cover me when driving out-of-state?
• Will my insurance pay for OEM parts?
• Can my babysitter drive my car?
• Which is better, split liability limits or combined limits?
• Am I covered when driving someone else’s vehicle?

If you can’t answer these 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 your zip code.

What insurance coverages do you need?

Learning about specific coverages of your insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Insurance terms can be impossible to understand and coverage can change by endorsement. Shown next are typical coverage types offered by insurance companies.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for bills for things like nursing services, X-ray expenses, dental work, surgery and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Auto collision coverage

Collision insurance pays for damage to your Maverick from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as crashing into a ditch, crashing into a building, sideswiping another vehicle and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive protection

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from flooding, hitting a bird, rock chips in glass, theft and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability insurance

This coverage can cover injuries or damage you cause to people or other property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 which stand for 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 a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims like medical expenses, bail bonds and legal defense fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Ford Maverick.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Power to the consumer

Some companies may not have rate quotes online and usually these regional insurance providers prefer to sell through independent insurance agents. Cost effective 2022 Ford Maverick insurance is available online in addition to many insurance agents, so you need to compare both to have the best selection.

When you buy insurance online, you should never buy poor coverage just to save money. Too many times, someone sacrificed physical damage coverage and learned later that their decision to reduce coverage ended up costing them more. Your aim should be to buy a smart amount of coverage at the best possible price, not the least amount of coverage.