How Much is Insurance for a Ford Escape in Alabama?

When the topic is auto insurance, the word cheap should not be used anywhere in the article as a descriptor for auto insurance rates. The fact is, cheap auto insurance for a Ford Escape is almost non-existent. But don’t let us ruin your dream, because we will teach you how you can still get car insurance that is cheaper than your current policy.

The odds of finding the best cheap auto insurance for a Ford Escape in Alabama is dependent upon a complex formula that considers things like if you are single or married, the size of your vehicle, and any past driving violations you may have had. Drivers in Alabama pay an average of $910 every 12 months to buy insurance for a Ford Escape, but that is an approximation that uses rate data for a 40-year-old married male driver with full coverage and $100 policy deductibles.

But there is a high probability that you aren’t exactly 40 years old or even a male, maybe you are single instead of married, and maybe you have sub-par credit that needs to be factored in. Everyone has unique insurance needs, and this illustrates why the best method for finding cheap insurance rates for your Ford is to shop around at every renewal for lower rates.

View Ford Escape Insurance Rates

The trim level of your Escape has an effect on the yearly cost, so the rate you will pay to insure a Escape XLS 2WD model will be $120 cheaper than the insurance cost for the more expensive Escape Limited 4WD model, as shown by the rates below.

Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Alabama minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Rate quotes do not factor in specific zip code location which can alter premiums substantially.

Shopping around for reasonably-priced auto insurance is easier said than done, and finding out which companies quote the lowest-priced auto insurance rates for a Ford Escape may require even more rate comparisons.

Each auto insurer uses slightly different criteria to establish rates, so first let’s look at the rankings for the most competitive auto insurance companies in Alabama. It’s important to understand that Alabama auto insurance rates are determined by lots of factors which can significantly increase or decrease the price you pay for coverage. That is why consumers need to take the time to perform a complete rate comparison when trying to find the cheapest car insurance quotes for a Ford Escape. Rates are impacted by many different factors and change frequently, so the best price the last time you shopped around may now be quite expensive.

Best Car Insurance Prices for Your Escape

Click Here to Start Your Quote

Cincinnati Insurance normally has some of the cheapest car insurance rates in Alabama at around $804 each year. Travelers, USAA, GEICO, and Country also make the cut as some of the best Alabama insurance companies.

As shown in the table above, if you currently buy coverage from GEICO and switched to Cincinnati Insurance, you could earn an annual premium reduction of about $226. Insureds with Country could save as much as $391 a year, and Safeway insureds might cut rates by $402 a year.

Bear in mind that those policy rates are averaged across all drivers and vehicles in Alabama and do not take into consideration a specific rate value for a Ford Escape. So the auto insurance company that has the lowest price for you may not even be in the company chart above. That points out the importance of why you need to get auto insurance quotes using your own specific driver and vehicle information.

Should you buy full coverage?

Finding cheap insurance for a Ford Escape in Alabama should be important to the majority of drivers, and one common way to find cheaper insurance is to buy liability only. The illustration below shows the comparison of insurance prices with full physical damage coverage compared to only buying liability only. The rates are based on no accidents or driving violations, $1,000 deductibles, drivers are single, and no discounts are factored in.

If averaged out across all ages, full coverage costs $1,417 per year more than buying just liability insurance. That proposes the question when is the right time to remove full coverage. There is no set rule to exclude comp and collision coverage, but there is a guideline you can use. If the annual cost of having full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

There are some scenarios where dropping full coverage is not a good idea. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not opt for liability only.

The illustration below highlights how deductible selection can influence premium costs when getting quotes for cheap insurance for a Ford Escape. The rate quotes are based on a single male driver, full physical damage coverage, and no discounts are applied to the premium.

The chart above illustrates that a 30-year-old driver could lower rates by $310 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $470 by using a $1,000 deductible. Even younger insureds, such as the 20-year-old example, could drop their prices up to $910 annually by choosing a higher deductible.

If you do decide to increase your deductibles, it will be required to have additional funds in a savings account to offset the extra out-of-pocket expense that deters many people from opting for higher deductibles.

Company comparison: Progressive vs Geico vs Allstate vs State Farm

When shopping around for insurance for an Escape, the companies with the most market share are Progressive, Geico, Allstate, and State Farm. The following table breaks down some of the different features shoppers can find with each company.