Top Strategies to Lowering Your Ford Fusion Insurance Rates

I can’t think of a single person who looks forward to buying car insurance, in particular when the cost is too high.

Big companies like Progressive, GEICO and Farmers Insurance all claim big savings with ads and it is difficult to ignore the flashy ads and find the best price available.

If you are paying for car insurance now, you should be able to cut costs considerably using this strategy. Buying car insurance is quite easy. But vehicle owners can benefit by having an understanding of how insurance companies market on the web.

Pieces of the Ford Fusion rate puzzle

Consumers need to have an understanding of the rating factors that come into play when calculating your car insurance rates. When you know what positively or negatively influences your rates enables informed choices that will entitle you to much lower annual insurance costs.

• Being married can save on car insurance – Being married helps lower the price on your car insurance policy. It means you’re more mature than a single person it has been statistically shown that married couples file fewer claims.
• Performance level impacts rates – The performance level of the car you own makes a significant difference in determining your rates. Due to the fact that the Ford Fusion falls in the passenger car class, insurance will be similar in price or lower than the average rate where you live. Low performance passenger models receive the most favorable rates, but there are many factors that impact the final cost.
• Do you know your deductibles? – Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Ford. Some instances where coverage would apply are running into the backend of another car, collision with an animal, or theft. The deductibles are how much you are required to spend out-of-pocket before your car insurance pays a claim. The more money you are required to pay out-of-pocket, the less your car insurance will be on Fusion insurance.
• Clean credit earns discounts – Having a bad credit history is a large factor in determining what you pay for car insurance. So if your credit rating is not that good, you could be paying less to insure your Ford Fusion by spending a little time repairing your credit. Consumers who have excellent credit tend to be less risk to insure than drivers with lower credit scores.
• Policy add-ons can waste money – There are many extra bells and whistles that you can buy if you aren’t careful. Coverages like rental car reimbursement, towing coverage and additional equipment coverage are some examples. These may sound like a good investment at first, but now you might not need them so get rid of them and save.
• Protect your assets with liability insurance – The liability section of your policy is the coverage that protects you when you are found liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court up to the limits shown on your policy. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should carry high limits.
• Claim-free discounts can add up – Auto insurance companies award cheaper rates to insureds who are claim-free. If you frequently file small claims, you can definitely plan on either a policy non-renewal or much higher rates. Insurance coverage is designed for larger claims.
• Never go without insurance – Driving without insurance is a misdemeanor and you will pay a penalty because you let your coverage lapse. And not only will your rates increase, but being ticketed for driving with no insurance might get you a license revocation or jail time.You may need to prove you have insurance by filing a SR-22 with your state DMV.

Save big with these discounts

Insuring your fleet can be pricey, but companies offer discounts that can drop the cost substantially. Most are applied when you get a quote, but some may not be applied and must be specially asked for before they will apply.

• Defensive Driving Course – Taking a defensive driving course can save you 5% or more depending on where you live.
• Theft Prevention System – Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
• Life Insurance Discount – Companies who offer life insurance give better rates if you take out life insurance.
• Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% on Fusion insurance depending on your company.
• Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
• Lower Rates for Military – Having a deployed family member could be rewarded with lower premiums.
• Sign Online – A few companies give back up to $50 for buying your policy digitally online.
• Accident Forgiveness – Some insurance companies will allow you to have one accident before hitting you with a surcharge if you are claim-free for a set time period.

It’s important to note that most credits do not apply to your bottom line cost. A few only apply to individual premiums such as comprehensive or collision. So when the math indicates it’s possible to get free car insurance, companies wouldn’t make money that way. But any discount will cut the cost of coverage.

To see a list of insurers offering car insurance discounts, click here.

Comparing rates from local agents

Certain consumers prefer to buy from a local agent and that is OK! The best thing about comparing insurance prices online is you can get better rates and still have an agent to talk to. Buying from local agencies is definitely important if you live in a smaller city or town.

Once you complete this short form, the coverage information is immediately sent to insurance agents who will return price quotes for your insurance coverage. You don’t have to visit any agencies due to the fact that quote results will go to your email. How’s that for easy! It’s the lowest rates and an insurance agent to talk to.

Best car insurance agent

When finding a local agent, there are a couple of different agency structures from which to choose. Insurance agencies can either be independent or captive.

Independent Agents

Independent agencies are not employed by any specific company but rather can write business with any number of different companies enabling the ability to shop coverage around. To transfer your coverage to a different company, the agent simply finds a different carrier and you won’t have to switch agencies. When comparing rates, we recommend you include multiple independent agents for maximum quote selection.

Captive Agents

Captive agents are contracted to one company like Liberty Mutual, State Farm, Allstate and AAA. They are unable to compare other company’s rates so they are skilled at selling on more than just price. These agents are usually quite knowledgeable on their products and sales techniques which helps them sell insurance even at higher premiums.

To view a full list of agencies, visit this site.

Picking an insurance agent requires more thought than just the premium amount. These questions are important to ask:

• If you are a high risk driver, do they have special markets for your coverage?
• Do the companies they represent have a solid financial rating?
• Are they full-time agents?
• Do they review policy coverages at every renewal?
• Do they carry Errors and Omissions coverage?

Upon getting reasonable responses to these questions in addition to an acceptable price estimate, you may have just found an insurance agency that will service your policy.

In the end, you save

When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. In many cases, an accident victim reduced uninsured motorist or liability limits only to regret that the few dollars in savings costed them thousands. The aim is to buy a smart amount of coverage at a price you can afford.

Cheap Ford Fusion insurance can be purchased from both online companies in addition to many insurance agents, and you should be comparing both to have the best selection. Some companies do not provide the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.