Who Has Cheap Insurance Quotes for a Ford Escape in Vermont?

The odds of finding cheaper insurance for a Ford Escape in Vermont relies on a complicated equation that takes into consideration things such as the amount of driving experience you have, what you do for a living, and driving violations. Drivers on average will pay $470 a year to buy insurance for a Ford Escape, but that policy rate is an approximation assuming a 30-year-old married male driver that includes full comprehensive and collision coverage and $1,000 physical damage deductibles.

There is a high probability that you are not a 30-year-old male, single instead of married, or maybe you have a teenager that needs to be on your policy. Every policy is rated specifically for the driver, so the only way to find cheap insurance rates for your Ford is to do a thorough rate comparison.

Cheapest Ford Escape Insurance Rates

The specific trim level will most likely have an effect on the yearly cost, so the price you pay to insure a Escape XLS 2WD will cost $50 less than the insurance cost for the more costly Escape Limited 4WD model, as shown in the table below.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Vermont minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Premium costs do not factor in vehicle location which can lower or raise coverage rates greatly.

Deciphering which company quotes the lowest-priced car insurance rates for a Ford Escape calls for more time in order to find the best policy. Each company uses their own method for determining rates, so let’s take a look at the car insurance companies with the most affordable rates in Vermont.

It’s important to understand that Vermont car insurance rates are determined by lots of factors that will increase or decrease the cost of having a policy. Improving your credit score, adding a teenager to your policy, or having an at-fault accident may prompt premium changes resulting in some rates now being cheaper than before.

Find Cheaper Car Insurance for Your Escape

Click Here to Start Your Quote

Safeco normally has some of the best car insurance rates in Vermont at around $481 annually. California Casualty, USAA, The Hartford, and Unitrin also qualify as some of the cheapest Vermont car insurance companies.

In the above example, if you are a customer of California Casualty and switched to Safeco, you might realize yearly savings of about $33. Customers with USAA could save as much as $138 a year, and The Hartford customers might realize rate reductions of up to $146 a year.

Understand that those premium estimates are averaged across all insureds and vehicles and and are not calculated with a specific rating modification for a Ford Escape. So the company that fits you best may not even be in the above list. That emphasizes why you need to get car insurance quotes using your own driver and vehicle profiles.

Does full coverage make sense?

Finding cheap insurance for a Ford Escape in Vermont should be important to the majority of vehicle owners, and one of the quickest ways to find cheap insurance is to only buy liability coverage. The example below illustrates the difference between premium costs with full coverage and liability only. The data is based on a clean driving record, no claims, $1,000 deductibles, drivers are single, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $1,000 Deductibles’, ‘Liability Only’],[‘Age 20’, 1699,727],[‘Age 30’, 903,405],[‘Age 40’, 877,375],[‘Age 50’, 805,353],[‘Age 60’, 781,347],[‘Age 70’, 971,459]]);var options = {title: ‘Comparison of Rates for Full Coverage and Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Ford Escape in Vermont’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

On average, full coverage costs an extra $1,006 per year over liability only. That is a big expense that brings up the question when is it safe to stop buying full coverage. There is no written rule of when to eliminate physical damage insurance, but there is a general convention. If the yearly cost of full coverage is more than about 10% of the replacement cost minus the deductible, then it may be the right time to buy liability only.

The example below shows how different deductible levels can affect insurance premiums when trying to find cheap insurance for a Ford Escape. The price estimates are based on a single female driver, comprehensive and collision coverage, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 1905,1755,1585,1427],[‘Age 30’, 1329,1217,1091,969],[‘Age 40’, 1229,1129,1013,905],[‘Age 50’, 1079,991,891,795],[‘Age 60’, 1043,957,861,769],[‘Age 70’, 1209,1113,1005,905]]);var options = {title: ‘Impact of Higher Deductibles on Ford Escape Insurance Rates in Vermont’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Ford Escape’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

The chart above illustrates that a 30-year-old driver could lower their policy premium by $216 a year by changing from a $100 deductible up to a $500 deductible, or save $324 by selecting a $1,000 deductible. Young drivers, like the 20-year-old, have the ability to save as much as $478 every year by using a higher deductible. If you do decide to increase your deductibles, it is a good idea to have enough spare savings to allow you to cover the extra out-of-pocket expense, which is the main drawback of higher deductibles.

Progressive, Allstate, State Farm, and Geico: Who is best?

When shopping around for insurance for an Escape, some of the first companies to look at are Progressive, Allstate, State Farm, and Geico. Combined they have about half of all car insurance policies written. The table below points out pricing and service ratings, plus some optional coverages that may be available in Vermont.