2001 Ford Escape Insurance Cost

Have you fallen victim to an overpriced insurance coverage policy? Trust us, there are lots of people in the same boat. Drivers have multiple auto insurance companies to pick from, and although it’s a good thing to have a choice, it makes it harder to compare rates and cut insurance costs.

It’s important to check insurance coverage prices every six months because rates are constantly changing. Despite the fact that you may have had the lowest price on Escape coverage two years ago there may be better deals available now. There is a lot of bad information regarding insurance coverage on the web, but I’m going to show you some of the best ways to put money back in your pocket.

Get lower rates on 2001 Ford Escape insurance

Companies that sell car insurance don’t always publicize every available discount in a way that’s easy to find, so we break down some of the best known and the harder-to-find ways to save on car insurance. If you aren’t receiving every discount you qualify for, you are paying more than you should be.

  • Sign Early and Save – Select companies give a discount for switching to them before your current policy expires. It can save you around 10%.
  • New Vehicle Savings – Adding a new car to your policy is cheaper since new cars are generally safer.
  • Lower Rates for Military – Having a deployed family member may qualify for rate reductions.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
  • Distant Student – Youth drivers who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Pay Now and Pay Less – By paying your policy upfront instead of paying each month you could save 5% or more.
  • Life Insurance – Larger companies have a discount if you purchase a life insurance policy as well.
  • Federal Employees – Active or retired federal employment can earn a discount up to 10% on Escape coverage with select insurance companies.
  • Good Students Pay Less – Getting good grades can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.

It’s important to note that most credits do not apply to all coverage premiums. Most only cut specific coverage prices like liability, collision or medical payments. Even though it may seem like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

For a list of insurance companies offering car insurance discounts, click here.

Finding Car Insurance

Most companies allow you to get insurance quotes on their websites. Getting quotes is fairly straightforward as you just type in the coverage amounts you desire as detailed in the form. Once entered, their rating system automatically retrieves your driving and credit reports and gives you a price quote based on these and other factors. Online quotes makes comparing rates easy, but the work required to visit several different sites and complete many quote forms can be a bit tiresome and repetitive. But it is imperative to perform this step in order to get the lowest car insurance rates.

An easier way to find cheaper rates uses one simple form to obtain quotes from many companies. The form is fast, requires much less work on your part, and makes online price comparison a lot less work. After your information is entered, it is quoted and you are able to buy any of the returned quotes. If a lower price is quoted, you simply finish the application and buy the policy. The whole process only takes a few minutes and may save quite a bit of money.

In order to use this form to compare rates, click here to open in a new tab and submit your coverage information. If you have a policy now, it’s recommended you enter deductibles and limits as shown on your current policy. This helps ensure you are getting a rate comparison based on the exact same insurance coverage.

Tailor your coverage to you

When it comes to buying coverage, there is no single plan that fits everyone. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if you might need professional guidance.

  • Is my dog or cat covered if injured in an accident?
  • Is pleasure use cheaper than using my 2001 Ford Escape to commute?
  • How high should my medical payments coverage be?
  • What should my uninsured motorist coverage limits be in my state?
  • Exactly who is provided coverage by my policy?
  • Why do I only qualify for high-risk insurance?
  • Why is insurance for a teen driver so high?
  • Are my friends covered when driving my 2001 Ford Escape?
  • What if I total my 2001 Ford Escape and owe more than it’s worth?
  • Are my tools covered if they get stolen from my vehicle?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

The coverage is in the details

Having a good grasp of your policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most auto insurance policies.

Comprehensive protection

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as a broken windshield, hail damage, a tree branch falling on your vehicle and damage from getting keyed. The highest amount your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured or underinsured coverage

This provides protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2001 Ford Escape.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Liability auto insurance

This coverage provides protection from damage that occurs to a person or their property. This insurance protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability insurance covers things like repair costs for stationary objects, court costs, medical expenses and medical services. How much coverage you buy is up to you, but consider buying higher limits if possible.

Medical expense coverage

Med pay and PIP coverage provide coverage for expenses for things like nursing services, prosthetic devices, X-ray expenses and pain medications. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like damaging your car on a curb, backing into a parked car and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also raise the deductible to get cheaper collision coverage.

Power to the consumer

Discount 2001 Ford Escape insurance is attainable online in addition to many insurance agents, and you should be comparing both to get a complete price analysis. Some insurance companies do not provide online quoting and these small, regional companies work with independent agents.

We covered some good ideas how to reduce insurance prices online. It’s most important to understand that the more you quote, the better your comparison will be. Consumers may even find the lowest premiums are with the smaller companies. Regional companies often have lower prices on specific markets than the large multi-state companies such as Progressive or GEICO.

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