Ford Five Hundred Insurance Rates

Finding cheaper auto insurance by comparing rates online saves time, is easy to do and there is a good chance you can save money. The key to finding lower rates is to compare rates from all providers in order to accurately compare every option.

Finding the best direct price on auto insurance can be a challenge if you are a beginner to online rate quotes. But relax because it's actually quite easy. Finding a lower price on Ford Five Hundred insurance can be quick and easy. You just have to take a little time getting comparison quotes online from several insurance companies. It is quite easy and can be accomplished by getting a quick quote here.

Car insurance premiums paid to insure a Ford Five Hundred will vary greatly and are calculated by many factors. Some of these factors include:

• Tickets increase premiums
• Your credit history
• The size of your community
• Annual mileage can affect rates
• Your gender can raise or lower rates
• The deductible you choose
• Safety rating of your Five Hundred
• Your claim history
• No coverage lapses saves money
• Whether you own your home

An additional factor which can affect Ford Five Hundred insurance rates is the year of the vehicle. Models that are new have a higher actual cash value than older models so the costs to repair will push premiums up. Conversely, newer models may have safety features such as dual-stage airbags, a rollover prevention system, and lane departure warning system so those may help offset higher rates.

Auto liability insurance

This protects you from damage that occurs to a person or their property that is your fault. Liability insurance covers things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so you should buy as much as you can afford.

Collision coverage

This pays for damage to your Five Hundred from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive insurance

This covers 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. The maximum amount 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 dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for short-term medical expenses such as nursing services, prosthetic devices, and dental work. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. PIP coverage is not available in all states and may carry a deductible.