Trying to find low-cost insurance for your Ford Edge in Texas could be a painful process, but you can follow a few tricks to find lower rates.
There is a right way and a wrong way to find auto insurance online and you need to know the proper way to compare rates for a new or used Ford and find the lowest price.
It’s smart to quote other rates before your policy renews because prices tend to go up over time. Despite the fact that you may have had the best price for Edge insurance a year ago the chances are good that you can find a lower rate quote today. Block out anything you think you know about auto insurance because it’s time to teach you one of the best ways to find better rates and still maintain coverage.
Drivers can save with with these six discounts
Auto insurance is expensive, but there could be significant discounts that could help you make your next renewal payment. Larger premium reductions will be automatically applied when you purchase, but lesser-known reductions have to be requested specifically in order for you to get them. If you aren’t receiving every discount available, it’s possible you qualify for a lower rate.
- Use Seat Belts – Buckling up and requiring all passengers to use a seat belt can save a little on the medical payments or PIP coverage costs.
- More Vehicles More Savings – Buying a policy with multiple vehicles on one policy could earn a price break for each car.
- Senior Citizen Rates – If you qualify as a senior citizen, you may qualify for better auto insurance rates for Edge insurance.
- Low Mileage Discounts – Low mileage vehicles could be rewarded with substantially lower rates.
- Multi-policy Discount – If you insure your home and vehicles with one company you could earn a discount of at least 10% off all policies.
- Military Deployment Discount – Being deployed in the military could qualify you for better premium rates.
One thing to note about discounts is that many deductions do not apply the the whole policy. Most only cut the cost of specific coverages such as medical payments or collision. Even though the math looks like you can get free auto insurance, it doesn’t quite work that way. But any discount will help reduce your overall premium however.
Auto insurance companies that may have some of the above discounts include:
Before you buy a policy, ask each company or agent which discounts you qualify for. Some of the earlier mentioned discounts may not apply to policyholders in every state.
Why you might not save $443 a year
Texas drivers can’t escape the ads for auto insurance savings by 21st Century, Allstate and State Farm. They all seem to make the point about savings just by moving to them.
It sounds good, but how can they all say the same thing? Just pay attention to how they say it.
All the different companies quote their best rates for the type of driver that earns them the most money. For example, a desirable insured might be described as between 30 and 50, carries high limits, and drives a vehicle with a low ISO rating. A customer getting a price quote that hits that “sweet spot” receive the lowest rate quotes and as a result will probably cut their rates substantially.
Consumers who cannot meet the requirements will be charged higher prices which results in the customer not buying. Company advertisements say “customers who switch” not “everyone who quotes” save that much when switching. This is how companies can state the savings.
This emphasizes why you should compare often. It’s impossible to know which insurance companies will have the lowest premium rates for your situation.
Additional information can be found on the located here. Texas consumers can learn about specific coverages, view agent and company licensing information, and find disaster information.
These articles may also be worth reading.
- Car Insurance in Houston Texas 5 Tricks to Lower Rates
- 6 Shopping Tips Proven to Save Money on Car Insurance Costs in Houston Texas
Car insurance coverage information
Understanding the coverages of your auto insurance policy can help you determine appropriate coverage and proper limits and deductibles. Auto insurance terms can be impossible to understand and coverage can change by endorsement.
Collision coverage – This will pay to fix damage to your Edge caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for things like sustaining damage from a pot hole, damaging your car on a curb, rolling your car and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.
Medical expense coverage – Med pay and PIP coverage kick in for expenses for prosthetic devices, dental work and rehabilitation expenses. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible
Liability coverages – This can cover damage that occurs to other people or property by causing an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.
Liability coverage protects against claims such as court costs, repair costs for stationary objects, pain and suffering, emergency aid and legal defense fees. How much coverage you buy is up to you, but you should buy as high a limit as you can afford. Texas state minimum liability requirements are 30,000/60,000/25,000 but drivers should carry higher limits.
Comprehensive protection – This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims such as damage from getting keyed, a broken windshield and vandalism. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
Uninsured or underinsured coverage – This coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.
Since many Texas drivers carry very low liability coverage limits (30/60/25), their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Most of the time the UM/UIM limits are set the same as your liablity limits.
Do the work, save more money
Cost effective Ford Edge insurance can be bought online in addition to many Houston insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies may not provide the ability to get a quote online and many times these smaller providers only sell coverage through independent insurance agents.
You just learned quite a bit of information on how to compare Ford Edge insurance premium rates online. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may even find the lowest premium rates are with a lesser-known regional company.
When getting , make sure you don’t reduce coverage to reduce premium. Too many times, an insured dropped uninsured motorist or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. Your goal should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.