Who Has Affordable Car Insurance for a Ford Edge in Plano?

Finding competitive car insurance for a Ford Edge is dependent upon a whole bunch of factors such as whether the vehicle is new, your credit status, and any past driving violations you may have had. Drivers will pay around $1,142 a year for Edge insurance, but that is an estimation calculated using a 30-year-old single female driver with full comprehensive and collision coverage and $1,000 deductibles.

When projecting a rate like this, the problem is that you may not be 30 years old (or even female), you might be married instead of single, or maybe you have a teenager that needs to be on your policy. Having even a minor difference in rating criteria may result in significant differences in the price of coverage.

Auto insurance is not the same for everyone, so the only way to find cheap auto insurance rates for your Ford is to do the rate comparisons yourself. To start saving now, get free quotes and you can get rates from top-rated car insurance companies that sell coverage in Texas.

Cheapest Ford Edge Insurance Rates

The specific model of Edge tends to have a direct impact on the annual cost of coverage, so the rate you will pay to insure a Edge SE 2WD model will cost $162 less than the cost to insure the more well-appointed Edge Sport AWD model, as demonstrated by the prices below.

Ford Edge Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $176 $316 $514 $30 $154 $1,190 $99
Edge SE AWD $176 $384 $514 $30 $154 $1,258 $105
Edge SEL 2WD $176 $384 $514 $30 $154 $1,258 $105
Edge Limited 2WD $176 $384 $514 $30 $154 $1,258 $105
Edge SEL AWD $176 $384 $514 $30 $154 $1,258 $105
Edge Limited AWD $202 $452 $514 $30 $154 $1,352 $113
Edge Sport 2WD $202 $452 $514 $30 $154 $1,352 $113
Edge Sport AWD $202 $452 $514 $30 $154 $1,352 $113
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Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Prices do not factor in specific garaging location which can modify rates greatly.

Texas auto insurance company ratings

Buying coverage from the right insurance provider is hard considering how many companies sell coverage in Plano. The company ratings listed below may help you select which coverage providers to look at when comparing insurance rates for a Ford Edge. The rankings below are only comprised of companies with a national presence, so smaller companies that only insure vehicles in Texas are not taken into consideration for these rankings.

Best Ten Auto Insurance Companies for a Ford Edge in Texas
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
Mercury Insurance 97 96 88 89% A+ 93.4
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
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Data Source: Insure.com Best Car Insurance Companies

Auto insurance rates are higher with tickets and accidents

The easiest way to obtain low auto insurance rates in Plano for an Edge is to drive carefully and avoid accidents and violations. The chart below demonstrates how speeding tickets and accidents can raise premium costs for each different age category. The information is based on a single male driver, full physical damage coverage, $1,000 deductibles, and no policy discounts are applied.

In the previous example, the average cost of car insurance in Texas per year with no violations or accidents is $1,993. Add in two speeding tickets and the average cost surges to $2,628, an increase of $635 each year. Now add in one accident along with the two speeding tickets and the yearly cost of auto insurance for a Ford Edge goes up to an average of $3,284. That’s an increase of $1,291, or $108 per month, just for a couple of infractions!

The information below highlights how deductible selection can affect insurance prices when searching for cheap insurance for a Ford Edge. The premiums assume a single female driver, full coverage, and no discounts are factored in.

As shown above, a 50-year-old driver could cut expenses by $408 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $612 by changing to a $1,000 deductible. Even younger drivers, like the 20-year-old category, could save $1,048 each year by using higher deductibles when buying full coverage. If you make the decision to raise deductibles, it is important to have additional funds in a savings account to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.

Low rates today, overpriced tomorrow

Texas auto insurance rates are impacted by many things which can significantly increase or decrease your annual premium. Simply turning a year older, buying a new vehicle, or getting a ticket for running a stop sign can trigger price changes resulting in some companies being cheaper than competitors.

In addition to those changes, insurers modify pricing as often as every three months in order to remain profitable. A period of increased losses can cause rate hikes, while lower claim levels can result in lower-cost Edge insurance rates.

To illustrate this point, the graph below shows which company has the cheapest car insurance in Plano, TX for a 40-year-old male driver with no prior claims, no tickets, and a high credit rating. Based on his current rating profile, Travelers might offer the cheapest car insurance rates in Plano at $1,092 each year. This is $812 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the remaining best Plano, TX auto insurance companies.

Now we will give the driver from the first rate comparison a claim, bad credit, and a stop sign violation. Since every car insurance company has their own guidelines for determining prices, getting updated rate quotes most likely will result in a different ranking of the cheapest Plano car insurance companies as shown below.

State Farm now has the cheapest price in Plano with Mercury, Nationwide, Safe Auto, and USAA also being competitive. This example demonstrates why it is crucial to shop around with many companies when trying to find the most affordable insurance quotes for a Ford Edge. Rates are made up of many things and change frequently, so the most economical company a year ago may now be quite expensive.

How to find budget-friendly car insurance for a Ford Edge

The list below details some of the recommended penny-pinching ideas that can help you locate cheap auto insurance.

That last tip is certainly critical, as was affirmed in this article. Car insurance rates can change considerably in a year, so drivers shouldn’t be reluctant to buy from a different company if you find a better deal. Many drivers prefer to stick with one company, but we do not recommend it if that inflexibility results in costing you several hundred dollars every year. Take a couple minutes and compare rates to find cheaper car insurance for a Ford Edge in Plano.

The insurance agencies listed below are willing to answer your questions and help you decide which car insurance policy is best, since some drivers have questions and prefer to get some help when comparing insurance rates for a Ford Edge. It’s not always easy to find the best coverage yourself, and using a licensed agent can give satisfaction knowing your coverage gives you adequate protection in the event of a claim. To find a Plano insurance agent close to you, click the button after the list or click here to compare prices now.

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