Ford Fiesta insurance policy image courtesy of QuoteInspector.com
Sick and tired of sacrificing to insure your Ford every month? You are in the same boat as most other people in Texas.
Sad but true, about 70% of customers kept their policy with the same company for more than four years, and about 40% of consumers have never even compared quotes to find cheap rates. American drivers can cut their rates by $860 a year just by shopping around, but most undervalue the large savings they would see if they bought a different policy.
You have so many insurance companies to pick from, and even though it's nice to have multiple companies, lots of choices makes it harder to locate the cheapest rates for Ford Fiesta insurance in Plano.
It's a good idea to compare rates once or twice a year due to the fact that insurance prices change frequently. If you had the best price on Ford Fiesta insurance in Plano two years ago there may be better deals available now. You can search a lot of Fiesta insurance on the internet, but in this article, you're going to get a lot of great tips on how to quit paying high auto insurance rates in Plano.
Finding and comparing affordable car insurance coverage in Plano is easy if you know what you're doing. Nearly anyone who has to buy car insurance will most likely be able to lower their premiums. Although Texas consumers must learn the way insurance companies market on the web because it varies considerably.
Eight Tips to Get More Affordable Plano Insurance Prices
Part of the auto insurance buying process is learning the different types of things that go into determining auto insurance rates. If you know what positively or negatively impacts your premiums, this enables informed choices that could help you find big savings.
Deter theft and pay less - Purchasing a vehicle with advanced anti-theft systems can save you a little every year. Theft deterrent systems such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can thwart car theft.
Younger drivers cost more - Older insureds are more responsible, cause fewer claims and accidents, and tend to be get fewer driving tickets. Teenage drivers are known to be inattentive when at the wheel of a vehicle so auto insurance rates are higher.
Job impacts rates - Occupational choices like judges, air traffic controllers, and financial analysts usually pay the highest rates because of intense work-related stress and extremely grueling work hours. Other professions such as actors, engineers and the unemployed pay lower than average rates.
Save money with high credit - Having a bad credit rating can be an important factor in determining your rates. If your credit rating is not that good, you could be paying less to insure your Ford Fiesta by improving your credit score. Insureds that have excellent credit tend to file fewer claims and have better driving records than drivers who have poor credit.
Marriage brings a discount - Being married helps lower the price on auto insurance. It usually means you are more mature and statistics show being married results in fewer claims.
Safer occupants lowers rates - Cars with five star safety ratings tend to have lower insurance rates. Vehicles built for safety have better occupant injury protection and reduced instances of injuries means less money paid by your insurance company which can mean better rates for you.
Insurance costs are higher for high performance vehicles - The make and model of the car, truck or SUV you are insuring makes a significant difference in the rate you pay. The cheapest insurance rates will generally be found on lower cost passenger cars, but other factors influence the final cost greatly.
Big cities have higher rates - Being located in less populated areas of the country is a good thing if you are looking for the lowest rates. Fewer people means a lower chance of having an accident. City drivers regularly have more auto accidents and longer commute times. Longer commute distances means a statistically higher chance of an accident.
Loss statistics for a Ford Fiesta - Companies use claims history to help determine the rate you pay. Vehicles that the statistics show to have increased losses will have higher premium rates.
The table below illustrates the historical insurance loss data for Ford Fiesta vehicles. For each type of coverage, the loss probability for all vehicles averaged together is equal to 100. Numbers under 100 mean the vehicle has better than average losses, while values over 100 indicate a higher chance of having a claim or an increased probability of a larger loss.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Statistics from IIHS.org for 2013-2015 Model Years
Insurance policy discounts you can't miss
Insurance is not inexpensive, but there's a good chance there are discounts to reduce the price significantly. Certain discounts will be applied when you complete an application, but some discounts are required to be manually applied in order for you to get them.
- Passenger Safety Discount - Vehicles equipped with air bags may earn rate discounts of up to 25% or more.
- Drivers Ed for Students - Cut your cost by having your teen driver participate in a local driver's education class in school.
- ABS Brakes - Cars that have steering control and anti-lock brakes can stop better under adverse conditions and earn discounts up to 10%.
- Clubs and Organizations - Joining specific professional or occupational memberships or organizations can get you a small discount on your policy.
- Federal Employees - Active or retired federal employment can earn a discount up to 10% with select insurance companies.
One last thing about discounts, most of the big mark downs will not be given to your bottom line cost. Some only reduce individual premiums such as comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, companies don't profit that way. Any qualifying discounts will definitely lower your premiums.
If you would like to see a list of insurance companies with discount insurance rates in Texas, click here to view.
Don't give up on affordable coverage
We just showed you many ideas to shop for Ford Fiesta insurance online. It's most important to understand that the more times you quote, the better likelihood of getting the cheapest Ford Fiesta rate quotes. You may even be surprised to find that the best auto insurance rates are with a lesser-known regional company.
When shopping online for car insurance, you should never skimp on coverage in order to save money. There have been many situations where consumers will sacrifice full coverage and discovered at claim time that the savings was not a smart move. Your goal is to purchase a proper amount of coverage at the best possible price while not skimping on critical coverages.
Drivers change insurance companies for any number of reasons including extreme rates for teen drivers, an unsatisfactory settlement offer, policy cancellation or even not issuing a premium refund. It doesn't matter what your reason, finding the right car insurance provider is pretty easy and you might even save some money in the process.
Steps to finding cheaper Ford Fiesta insurance in Plano
If you want to find the absolute lowest rates, then the best way to get the cheapest Ford Fiesta insurance is to annually compare prices from providers who sell auto insurance in Plano.
- Step 1: Try to comprehend how your policy works and the modifications you can make to prevent high rates. Many rating criteria that result in higher rates like speeding and poor credit history can be rectified by improving your driving habits or financial responsibility.
- Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give rate quotes from one company like Progressive or Farmers Insurance, while independent agencies can provide rate quotes from multiple insurance companies.
- Step 3: Compare the new rate quotes to your current policy to see if cheaper Fiesta coverage is available in Plano. If you find better rates and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Give proper notification to your current agent or company to cancel your current policy. Submit the completed application along with a down payment to the new company. As soon as you have the new policy, place your new certificate of insurance in your vehicle's glove compartment or console.
One thing to remember is to make sure you're comparing the same deductibles and limits on every quote and and to get prices from every insurance company. Doing this ensures a fair rate comparison and a better comparison of the market.
Additional detailed information can be found in the articles below: