Save Money on Ford Edge Insurance in Seattle

Do you get exhausted from robbing Peter to pay Paul to keep your car insured? You’re in the same situation as many other Washington consumers.

It’s hard to fathom, but a large majority of drivers have bought insurance from the same company for at least four years, and nearly 40% of drivers have never compared quotes from other companies. Most drivers in the United States could save approximately $860 every year just by comparing rates, but they just don’t understand the actual amount they would save if they moved their coverage to a different company.

You have so many insurance companies to insure vehicles with, and although it’s nice to be able to choose, more options can take longer to locate the cheapest rates for Ford Edge insurance in Seattle.

Finding the cheapest car insurance coverage in Seattle is actually very simple if you learn how to start. Just about every car owner who buys car insurance stands a good chance to get a lower-priced policy. Nevertheless, Washington vehicle owners must know how big insurance companies determine prices and take advantage of how the system works.

Most companies allow consumers to get prices direct online. Doing online price comparisons for Ford Edge insurance in Seattle is very simple as you just type in your required coverages into a form. Upon sending the form, the system automatically orders information on your driving record and credit history and gives you a price quote based on the information you submitted. The ability to get online rate quotes for Ford Edge insurance in Seattle makes it easy to compare insurance prices and it’s also necessary to do this if you want to find the cheapest price possible.

If you want to compare pricing, check out the car insurance providers below. If you have your current policy handy, we recommend you replicate the limits and deductibles as shown on your current policy. Doing this assures you will be getting rate comparison quotes for similar coverage.

The companies shown below have been selected to offer free quotes in Seattle, WA. If more than one company is shown, we suggest you click on several of them to get the best price comparison.

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Washington minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Prices do not factor in vehicle location which can modify auto insurance rates significantly.

Ford Edge full coverage rates compared to liability only

The illustration below illustrates the difference between Ford Edge annual premium costs with liability coverage only compared to full coverage. The premiums assume no violations or claims, $100 deductibles, married male driver, and no discounts are factored in.

Should you pay for full coverage or liability only?

There is no definitive guideline to exclude physical damage insurance, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of the settlement you would receive from your company, then you might want to consider buying only liability coverage.

For example, let’s assume your Ford Edge replacement cost is $3,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would receive is $2,000 after paying the physical damage deductible. If premiums are more than $200 annually to have full coverage, then you might want to think about dropping full coverage.

There are a few cases where dropping full coverage is not financially feasible. If you still owe a portion of the original loan, you have to carry full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not buy liability only.

How high should deductibles be?

One of the more difficult decisions when buying car insurance is at what level do you set your deductibles. The data tables below can help you understand the cost difference when you choose different policy deductibles. The first rate quote example uses a $100 deductible for comp and collision and the second data table uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Washington minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Price information does not factor in your specific Seattle location which can lower or raise premium rates greatly.

Based on this data, using a $100 deductible could cost the average driver approximately $20 more each month or $240 a year than selecting the higher $500 deductible. Because you would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you normally average more than 20 months between claim filings, you would most likely save money if you choose a higher deductible.

Ford Edge insurance premiums by gender

The illustration below shows the difference between Ford Edge auto insurance rates for male and female drivers. The rate quotes are based on no violations or claims, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.

These discounts can reduce Ford Edge insurance rates

Not many people think insurance is cheap, but there’s a good chance there are discounts to help offset the cost. Some of these discounts will be visible when you purchase, but a few need to be specifically requested before you will receive the discount.

• Payment Method – If you can afford to pay the entire bill rather than paying in monthly installments you can avoid the installment charge.
• Paperwork-free – Many larger companies will give a small break just for signing your application online.
• Low Mileage Discounts – Low annual miles could earn substantially lower premium rates.
• College Student Discount – Any of your kids who live away from home to go to college and don’t have a car may be insured at a cheaper rate.
• Accident Free – Drivers who don’t have accidents can save substantially as opposed to bad drivers.
• Discount for Multiple Policies – If you have multiple policies and place coverage with the same company you could get a discount of 10% to 20% off each policy.
• Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in school or through a local driver safety program.

As a disclaimer on discounts, most credits do not apply to your bottom line cost. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think adding up those discounts means a free policy, nobody gets a free ride.

To view insurance companies that have a full spectrum of discounts in Washington, click here to view.

Buying from insurance agencies

Certain consumers prefer to sit down and talk to an agent and that is OK! One of the great benefits of getting online price quotes is you can get cheap car insurance quotes and still buy from a local agent.

After completing this short form, the coverage information is submitted to companies in Seattle who will give you quotes for your insurance coverage. You don’t have to leave your house since price quotes are sent to the email address you provide. You can find better rates AND an agent nearby. If you have a need to get a price quote from a specific insurance company, feel free to jump over to their website and submit a quote form there.

Choosing an insurer is decision based upon more than just a low price. The following questions are important to ask.

• If your car is totalled, how to they determine the replacement cost?
• Which family members are covered?
• What is the financial rating for the quoted company?
• What insurance companies do they recommend if they are an independent agent?
• Do you work with a CSR or direct with the agent?
• Where would your vehicle be repaired?
• Is working in the agency their full-time job?
• How many years have they been established?

If you feel you receive good feedback as well as an affordable premium quote, chances are good that you have found an insurance company that can be trusted to insure your vehicles. Just keep in mind you have the power to cancel your policy at any point so never feel that you are permanently stuck with a policy for the full term.

Your car insurance coverage should be tailored to you

When buying proper insurance coverage, there is no one size fits all plan. Your needs are not the same as everyone else’s and your policy should reflect that.
For instance, these questions may help highlight if your situation would benefit from professional advice.

• Are rock-chip repairs free?
• Why am I required to get a high-risk car insurance policy?
• Can I insure my car for more than it’s worth?
• What are the best liability limits?
• Do I have coverage if I rent a car in Mexico?
• Is my trailer covered?
• Will I lose any money if I cancel my policy before it expires?
• Are there companies who specialize in insuring high-risk drivers?
• When should I not buy collision coverage?

If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Four Things That Influence Your Insurance Prices

Many factors are used in the calculation when quoting car insurance. A few of the factors are predictable such as your driving record, although some other factors are more transparent like where you live or how safe your car is. Smart consumers have a good feel for some of the things that come into play when calculating your policy premiums. If you understand what controls the rates you pay, this empowers consumers to make smart changes that will entitle you to lower premium levels.

Compare rates if you bundle your policies – Lots of insurance companies allow a discount for people who carry more than one policy such as combining an auto and homeowners policy. Discounts can be as much as ten percent or more Even with this discount, consumers should still check prices from other companies to ensure the best deal.

Discounts for theft deterrents – Choosing a vehicle with a theft deterrent system can get you a discount on your insurance. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder auto theft.

Gender and auto insurance premiums – Statistics show that females tend to be a little less risky than males. Now that doesn’t mean females are better drivers. Females and males get in fender benders in similar percentages, but men have accidents that have higher claims. Not only are claims higher, but men get cited for more serious violations like reckless driving and DUI. Young males cause the most accidents so they pay the highest premiums.

Liability insurance limits are a factor – Your policy’s liability coverage provides coverage when a jury decides you are liable for an accident. This coverage provides legal defense which can cost a lot. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.

Ford Edge insurance loss data – Companies factor in historical loss data when they file their rates in each state. Models that have higher losses will have higher rates for specific coverages.

The table below demonstrates the insurance loss data for Ford Edge vehicles. For each coverage type, the statistical loss for all vehicles, without regard to make or model, is equal to 100. Values that are below 100 suggest a positive loss record, while values that are above 100 indicate frequent claims or tendency to have higher losses.

Auto insurance is an important decision

Despite the high cost of buying insurance for a Ford Edge in Seattle, insurance serves an important purpose.

First, the majority of states have mandatory insurance requirements which means state laws require specific minimum amounts of liability insurance if you don’t want to risk a ticket. In Washington these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your vehicle, more than likely the lender will have a requirement that you carry insurance to ensure loan repayment if the vehicle is totalled. If you let the policy lapse, the bank may insure your Ford at a much higher premium rate and require you to fork over for the much more expensive policy.

Third, insurance protects your Ford and your assets. It will also provide coverage for medical transport and hospital expenses that are the result of an accident. One policy coverage, liability insurance, will also pay to defend you if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.

The benefits of buying auto insurance are without a doubt worth the cost, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer overpays as much as $855 a year so it’s recommended you shop around at every renewal to be sure current rates are still competitive.

Be persistent and save

In this article, we presented many ideas to compare Ford Edge insurance premium rates in Seattle. It’s most important to understand that the more rate comparisons you have, the better likelihood of getting affordable Seattle auto insurance quotes. You may even find the biggest savings come from a lesser-known regional company. They may have significantly lower prices on certain market segments as compared to the big name companies such as Progressive or GEICO.

As you prepare to switch companies, make sure you don’t skimp on coverage in order to save money. In many instances, an insured cut physical damage coverage to discover at claim time that the small savings ended up costing them much more. Your goal should be to buy the best coverage you can find at an affordable rate.

Additional insurance information is located below:

• Determing Auto Insurance Rates (GEICO)
• Who Has Affordable Seattle Car Insurance for High School Students? (FAQ)
• What Auto Insurance is Cheapest for Welfare Recipients in Seattle? (FAQ)
• What Insurance is Cheapest for Drivers with Good Credit in Seattle? (FAQ)
• Who Has Cheap Car Insurance Rates for Handicapped Drivers in Seattle? (FAQ)
• Who Has the Cheapest Auto Insurance for a Toyota Tundra in Seattle? (FAQ)
• Child Safety FAQ (iihs.org)
• Vehicle Insurance in the U.S. (Wikipedia)
• What is Covered by GAP Insurance? (Allstate)
• Protecting Teens from Drunk Driving (Insurance Information Institute)