Ford Five Hundred Insurance

Finding cheaper auto insurance by getting online quotes saves time, is easy to do and at the same time you will probably save money. The key to finding lower rates is to compare as many rate quotes as possible in order to have all your choices.

Finding the best direct price on auto insurance is challenging if you are a beginner to online rate quotes. But don't let that discourage you because there is an easy way to compare rates. Getting cheaper insurance rates can be relatively painless. The only requirement is to invest a few minutes comparing rates online from several insurance companies. It is quite easy and can be accomplished by comparing rates here.

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What factors determine the rate you pay?

Insurance rates for a Ford Five Hundred will vary greatly and are calculated by many factors. Taken into consideration are:

Tickets increase premiums
Your credit history
The size of your community
How many miles you drive
Male rates may be higher
Deductible amount directly impacts your rate
Your vehicle's safety rating
No claims lowers premiums
Maintaining coverage lowers rates
Whether you rent or own your home

One last important factor which can affect the rate you pay on your Ford is the year of manufacture. Newer models have a higher actual cash value so the costs to repair will push premiums up. But newer vehicles may have options including traction control, tire pressure monitors, a collision avoidance system, and a telematics system so those may lower rates.

To get more specific information about how rates are influenced for your specific model year, select the year of your vehicle from available model years below.

Liability

This can cover damages or injuries you inflict on other people or property that is your fault. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so purchase as much as you can afford.

Auto collision coverage

This covers damage to your Ford caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company. Five Hundred collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle's occupants when the "other guys" either are underinsured or have no liability coverage at all. Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for expenses for things like doctor visits, EMT expenses, and X-ray expenses. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. PIP coverage is not an option in every state and gives slightly broader coverage than med pay.

How Much are Ford Five Hundred Insurance Rates?

Ford Five Hundred Insurance Rates