Save Money on Ford Fusion Insurance in Plano

Insurance quote for Ford Fusion in PlanoAre you looking for a better way to compare more affordable Ford Fusion insurance in Plano? Have you fallen victim to high-priced Ford Fusion insurance in Plano? Trust us when we tell you there are a lot of people in Plano just like you who feel imprisoned by their car insurance policy.

Anyone knows that auto insurance companies don’t want you quoting rates from other companies. Consumers who perform rate comparisons are highly likely to switch to a new company because the odds are good of finding a lower rate. A recent survey discovered that drivers who compared prices regularly saved an average of $850 each year as compared to drivers who never compared rates.

If finding the best price on auto insurance in Plano is the reason for your visit, understanding how to shop and compare coverages can help you succeed in saving money. Numerous insurers battle for your hard-earned dollar, and it can be difficult to compare rates to find the lowest rate possible on Ford Fusion insurance in Plano.

If you are already insured or need new coverage, use these tips to cut your premiums without reducing coverage. Locating the most cost-effective car insurance policy in Plano is really not that difficult. Drivers just have to use the fastest way to compare rates from many different companies.

Shop Ford Fusion insurance online

The majority of larger companies such as Progressive, Allstate and GEICO allow consumers to get price estimates directly from their websites. Doing online price comparisons for Ford Fusion insurance in Plano is pretty easy because it’s just a matter of typing in the coverages you want as detailed in the form. Upon sending the form, the system makes automated requests for your driving record and credit report and provides a quote based on these and other factors. Quoting online for Ford Fusion insurance in Plano simplifies rate comparisons, and it is imperative to have as many quotes as possible in order to find lower-cost rates.

To save time and find out how much you can save on auto insurance, compare rates now from the companies shown below. If you have a policy now, it’s recommended you type in the limits and deductibles as close as possible to your current policy. This ensures you will have comparison quotes based on identical coverages.

The auto insurance companies shown below offer free rate quotes in Texas. If you wish to find cheap auto insurance in Plano, it’s highly recommended you click on several of them to get the cheapest price.

Insurance coverage details

The rate table displayed next outlines a range of insurance premium costs for Ford Fusion models. Having a better idea how rate quotes are formulated can aid in making smart choices when comparing insurance quotes.

Ford Fusion Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $252 $492 $358 $22 $108 $1,232 $103
Fusion SE 4-Dr Sedan $284 $580 $358 $22 $108 $1,352 $113
Fusion Hybrid 4-Dr Sedan $284 $666 $448 $26 $134 $1,558 $130
Fusion SEL 4-Dr Sedan $284 $580 $358 $22 $108 $1,352 $113
Fusion Sport 4-Dr Sedan $284 $580 $358 $22 $108 $1,352 $113
Fusion SEL AWD 4-Dr Sedan $318 $666 $358 $22 $108 $1,472 $123
Fusion Sport AWD 4-Dr Sedan $318 $666 $358 $22 $108 $1,472 $123
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Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Prices do not factor in the specific area where the vehicle is garaged which can impact price quotes significantly.

Comparison of policy deductibles

One of the more difficult decisions when buying insurance is where to set your physical damage deductibles. The following tables can help illustrate the price difference of buying low and high deductibles. The first data set uses a $250 comprehensive and collision deductible and the second rate chart uses a $500 deductible.

Ford Fusion insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $294 $496 $382 $22 $114 $1,333 $111
Fusion SE 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
Fusion Hybrid 4-Dr Sedan $332 $672 $476 $28 $142 $1,675 $140
Fusion SEL 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
Fusion Sport 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
Fusion SEL AWD 4-Dr Sedan $370 $672 $382 $22 $114 $1,585 $132
Fusion Sport AWD 4-Dr Sedan $370 $672 $382 $22 $114 $1,585 $132
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Ford Fusion insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $240 $400 $382 $22 $114 $1,158 $97
Fusion SE 4-Dr Sedan $270 $472 $382 $22 $114 $1,260 $105
Fusion Hybrid 4-Dr Sedan $270 $542 $476 $28 $142 $1,458 $122
Fusion SEL 4-Dr Sedan $270 $472 $382 $22 $114 $1,260 $105
Fusion Sport 4-Dr Sedan $270 $472 $382 $22 $114 $1,260 $105
Fusion SEL AWD 4-Dr Sedan $300 $542 $382 $22 $114 $1,360 $113
Fusion Sport AWD 4-Dr Sedan $300 $542 $382 $22 $114 $1,360 $113
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Information does not factor in vehicle location which can alter premium rates substantially.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs about $17 more each month or $204 for a full year than opting for the higher $500 deductible. Because you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you go at least 15 months between claim filings, you would probably come out ahead by going with a higher deductible. The table below illustrates an example of how we made this calculation.

Average monthly premium for $250 deductibles: $126
Average monthly premium for $500 deductibles (subtract): – $109
Monthly savings from raising deductible: $17
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

An important sidenote is that increasing deductibles to lower your rates results in having to pay to pay more out-of-pocket when you have a comprehensive or collision claim. You need to have enough savings in the event you have to pay the higher deductible in order to repair your vehicle.

Impact of citations and accidents on insurance rates

The diagram below demonstrates how speeding tickets and accident claims raise Ford Fusion yearly insurance costs for each age group. The premiums are based on a single male driver, full physical damage coverage, $100 deductibles, and no discounts are taken into consideration.

Ford Fusion insurance premiums by gender

The information below illustrates the difference between Ford Fusion car insurance rates for male and female drivers. The costs are based on no claims or driving violations, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no additional discounts are factored in.

Insuring your Fusion just makes sense

Despite the fact that car insurance is not cheap in Plano, paying for car insurance is required by state law in Texas and it also provides benefits you may not be aware of.

First, just about all states have minimum liability requirements which means you are required to buy specific limits of liability insurance in order to be legal. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if your Ford Fusion has a lienholder, most lenders will stipulate that you have insurance to protect their interest in the vehicle. If coverage lapses or is canceled, the lender may insure your Ford for a lot more money and force you to pay for the expensive policy.

Third, insurance safeguards both your vehicle and your assets. Insurance will also pay for medical transport and hospital expenses that are the result of an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if you are sued as the result of an accident. If you have damage to your Ford as the result of the weather or an accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.

The benefits of having insurance greatly outweigh the cost, specifically if you ever have a liability claim. But the average driver in Texas is overpaying over $800 each year so it’s important to compare rates at every renewal to ensure rates are inline.

Why Smart Buyers Pay Less for Ford Fusion Insurance

Part of the auto insurance buying process is learning some of the things that help determine auto insurance rates. When you understand what impacts premium levels, this allows you to make good choices that could result in lower rates.

Shown below are some of the things used by your company to calculate your premiums.

Frequent insurance claims increase prices – Car insurance companies in Texas award cheaper rates to drivers who are claim-free. If you frequently file small claims, you can expect higher rates. Your car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

How your age affects costs – Beginning drivers in Texas have been known to be inattentive and easily distracted with other occupants in the car therefore auto insurance rates are much higher. If you’ve ever had to add a first-time driver to your policy will cause a huge premium hike. Mature drivers are more responsible, cost insurance companies less in claims, and get fewer tickets.

The following chart is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.

Job impacts prices – Occupations like military personnel, airline pilots, and financial analysts are shown to have higher rates than the rest of us due to intense work-related stress and long work hours. On the other hand, careers like actors, historians and the unemployed receive lower rates.

Liability coverage is important – A critical coverage on your policy, liability insurance will protect you if a court rules you are at fault for an accident. It provides legal defense coverage which can cost thousands of dollars. This coverage is relatively inexpensive when compared with rates for comp and collision, so drivers should carry high limits.

More performance means higher premiums – The type of car you need insurance for makes a significant difference in your auto insurance rates. The lowest premiums will generally be found on lower cost passenger cars, but your final cost has many other factors.

The following data assumes a married male driver age 40, full coverage with $500 deductibles, and no discounts or violations. It compares Ford Fusion car insurance rates compared to other models of vehicles that have a range of performances.

Never let your auto insurance policy lapse – Going without insurance can be a sure-fire way to bump up your auto insurance costs. In addition to paying higher rates, the inability to provide proof of insurance could result in a revoked license or a big fine. You may then have to prove you have insurance by filing a SR-22 with the Texas DMV.

What are your coverage deductibles? – Physical damage insurance, also known as collision and other-than-collision, helps pay for damage to your vehicle. A few examples of covered claims are collision with another vehicle, flood damage, and windstorm damage. Your deductibles define how much you are required to spend if a covered claim is submitted. The higher the amount you choose to pay out-of-pocket, the lower your rates will be.

Claims statistics for a Ford Fusion – Insurance companies take into consideration historical loss data for every vehicle to help calculate premium rates. Vehicles that the statistics show to have increased claim numbers or amounts will cost more for coverage.

The table below shows the historical loss data for Ford Fusion vehicles. For each policy coverage, the loss probability for all vehicles combined as an average is set at 100. Values that are under 100 indicate better than average losses, while values that are 100 or greater indicate a higher chance of having a claim or an increased probability of a larger loss.

Car Insurance Loss Data for Ford Fusion Models
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Fusion 2WD 110 95 108 116 111 105
Ford Fusion 4WD 115 85 120 88 77 71
Ford Fusion Hybrid 125 97 98 92 93 95
Ford Fusion Plug-in Hybrid 128 87 91 88 91 107

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Save money with these price cutting discounts

Auto insurance companies do not list the entire discount list in an easy-to-find place, so the list below contains both the well known and the more hidden discounts that you can inquire about if you buy Plano car insurance online.Discount insurance

Don’t be surprised that some of the credits will not apply to your bottom line cost. Most only cut the cost of specific coverages such as liability and collision coverage. Even though it appears all those discounts means the company will pay you, it doesn’t quite work that way.

The information below illustrates the difference between Ford Fusion insurance costs with and without discounts. The costs are based on a female driver, no claims, a clean driving record, Texas state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-policy, homeowner, multi-car, and safe-driver discounts applied.

Larger insurance companies and some of their more popular discounts are:

It’s a good idea to ask each insurance company which discounts can lower your rates. Depending on the company, some discounts might not be available to policyholders in your area. To choose insurance companies that offer multiple discounts in Texas, click this link.

Auto insurance can be complex

When it comes to buying coverage for your vehicles, there really isn’t a “perfect” insurance plan. You are unique and your policy should reflect that.Drive safe and save
For example, these questions can help discover if you will benefit from professional help.

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance is available from local agents

Some consumers prefer to talk to a local agent and that is not a bad decision Licensed agents will help you protect your assets and give you someone to call. The best thing about comparing insurance online is that drivers can save money and get cheap insurance rates and still have an agent to talk to.

Plano insurance agentsAfter filling out this form (opens in new window), your insurance coverage information is transmitted to insurance agents in Plano who will gladly provide quotes for your insurance coverage. It’s much easier because you don’t need to leave your house since rate quotes are delivered instantly to you. If you need to get a price quote for a specific company, you would need to jump over to their website and complete a quote there.

Choosing the best company needs to be determined by more than just a cheap price. Any agent in Plano should be forthright in answering these questions:

What type of Plano car insurance agent is right for you?

If you’re trying to find a local Plano insurance agent, you need to know there are two different types of agencies and how they function. Agents in Plano are categorized either exclusive or independent agents depending on their company appointments. Both types of agents can properly insure your vehicles, but it’s important to know how they differ since it can affect which type of agent you select.

Exclusive Insurance Agencies

Agents that choose to be exclusive normally can only provide a single company’s rates such as Allstate, Farmers Insurance or State Farm. Exclusive agents cannot provide prices from multiple companies so they have no alternatives for high prices. They receive a lot of sales training on their products and sales techniques which helps offset the inability to provide other markets.

Shown below is a short list of exclusive insurance agencies in Plano that are able to give price quotes.

7920 Preston Rd #300Plano, TX 75024(972) 690-9090View Map

6100 K Ave #106Plano, TX 75074(972) 424-5900View Map

3020 Legacy Dr #190Plano, TX 75023(972) 208-3705View Map

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Independent Agents

Agents in the independent channel do not work for one specific company and that enables them to quote your coverage with any number of different companies and find you cheaper rates. If they quote lower rates, the business is moved internally and you don’t have to find a new agent.

When comparison shopping, we highly recommend that you include price quotes from a few independent agents to have the best price comparison.

The following are Plano independent agents willing to provide price quotes.

6500 Pinecrest DrPlano, TX 75024(800) 486-5616View Map

2817 Regal Rd # 101Plano, TX 75075(972) 596-5866View Map

6305 Preston Rd Suite 1000Plano, TX 75024(972) 473-4813View Map

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In Summary

Some auto insurance companies may not provide rates over the internet and usually these small, regional companies prefer to sell through independent agents. Low-cost Ford Fusion insurance in Plano can be found from both online companies as well as from insurance agents, so you should compare both to have the best rate selection.

When searching for affordable Plano car insurance quotes, it’s very important that you do not sacrifice coverage to reduce premiums. There have been many cases where consumers will sacrifice full coverage only to discover later that they should have had better coverage. Your goal is to buy the best coverage you can find at the best cost but still have enough coverage for asset protection.

Steps to finding more affordable Ford Fusion insurance in Plano

It takes a few minutes, but the best way to find discount auto insurance rates in Plano is to regularly compare quotes from different companies in Texas. Prices can be compared by following these steps.

  1. Gain an understanding of how companies set rates and the factors you can control to keep rates low. Many rating factors that drive up the price such as at-fault accidents, speeding tickets, and a substandard credit history can be amended by making lifestyle changes or driving safer.
  2. Get rate quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give prices from a single company like GEICO or State Farm, while independent agencies can quote prices for a wide range of insurance providers.
  3. Compare the new rates to the price on your current policy to see if switching to a new carrier will save money. If you find a lower rate quote, ensure there is no coverage lapse between policies.

A key point to remember is to make sure you enter similar coverage information on every quote request and and to get rates from as many companies as you can. This ensures an accurate price comparison and plenty of rates choose from.

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