How long has it been since you compared quotes for lower-priced Ford Escape insurance in Fort Collins? Are you burned out from not being able to afford to pay your car insurance bill each month? You have the same problem as many other consumers in Colorado.

Discount Ford Escape insuranceIt's hard to believe, but most car insurance policyholders have bought car insurance from the same company for well over three years, and just short of a majority have never compared rate quotes at all. Most drivers in Colorado can save hundreds of dollars each year just by comparing rates, but they assume it's a waste of time to find cheaper insurance by shopping around.

Popular companies such as State Farm, GEICO and Farmers Insurance constantly bombard you with ad campaigns and it is difficult to see past the corporate glitz and find the best price available.

You should make it a habit to shop coverage around yearly due to the fact that insurance rates change quite often. Despite the fact that you may have had the lowest premium rates on Ford Escape insurance in Fort Collins a couple years back the chances are good that you can find a lower price today. Don't believe everything you read about Escape insurance out there, but in this article, you're going to get some of the best techniques to reduce your car insurance bill.

Fort Collins Insurance Costs are Influenced by These Factors

Many things are considered when you quote your car insurance policy. Some are pretty understandable such as traffic violations, but some are not quite as obvious such as whether you are married or how financially stable you are. Part of the insurance buying process is learning some of the elements that are used to determine your premiums. If you have a feel for what determines base rates, this empowers consumers to make smart changes that can help you get lower insurance prices.

The factors shown below are some of the things utilized by car insurance companies to help set your prices.

High coverage deductibles equal low rates - Deductibles for physical damage tell how much you are required to pay before a claim is paid by your company. Physical damage protection, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some examples of covered claims are rearending another vehicle, vandalism, and damage caused by road hazards. The more you pay before a claim is paid (deductible), the less your company will charge you for insurance.

Too many insurance claims and you'll pay more - Companies in Colorado generally give the best rates to policyholders who file claims infrequently. If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Your car insurance is intended for the bigger claims that can't be paid out-of-pocket.

Credit rating impact insurance costs - A driver's credit score is likely to be a major factor in your rate calculation. If your credit is low, you could pay less to insure your Ford Escape by improving your rating. Insureds that have good credit tend to be better risks to insure than drivers with lower credit ratings.

Your job may affect prices - Did you know your insurance rates can be affected by your occupation? Occupational choices like lawyers, air traffic controllers, and dentists tend to pay the highest average rates in part from stressful work requirements and lots of time spent at work. Conversely, occupations such as professors, engineers and performers receive lower rates.

Ford Escape historical loss data - Insurance companies use past insurance losses to determine a price that will be profitable for them. Models that tend to have higher loss trends will cost more for coverage. The table below shows the compiled insurance loss statistics for Ford Escape vehicles.

For each insurance policy coverage type, the statistical loss for all vehiclescombined as an average is set at 100. Percentages below 100 indicate better than average losses, while percentage numbers above 100 show a trend for more claims or tendancy to have larger claims.

Ford Escape Insurance Loss Statistics

Specific Ford Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Escape 4dr 2WD 80 91 83 94 94 92
Ford Escape 4dr 4WD 81 84 94 85 90 77

Statistics from for 2013-2015 Model Years

How to buy Ford Escape insurance in Fort Collins

It's important to know that comparing a large number of companies helps you find a better price. Not every company allows you to get rate quotes online, so you also need to get prices from the smaller companies as well.

The companies in the list below are ready to provide price comparisons in Fort Collins, CO. If multiple companies are listed, we suggest you get rate quotes from several of them to get the best price comparison.

Ford Escape Insurance Rates in Fort Collins, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $204 $368 $338 $20 $102 $1,032 $86
Escape XLS 4WD $166 $312 $338 $20 $102 $938 $78
Escape XLT 2WD $216 $346 $308 $18 $92 $980 $82
Escape Limited 2WD $266 $432 $362 $22 $108 $1,190 $99
Escape XLT 4WD $220 $304 $298 $18 $90 $930 $78
Escape Limited 4WD $302 $562 $404 $24 $120 $1,412 $118
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Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Rates do not factor in specific location which can revise auto insurance rates noticeably.

Policy deductibles

One frequently asked question is how high should the deductibles for physical damage be. The figures shown below help summarize the cost difference between high and low insurance deductibles. The first rate comparisons uses a $250 physical damage deductible and the second price table uses a $1,000 deductible.

Ford Escape insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $236 $376 $298 $18 $90 $1,043 $87
Escape XLS 4WD $236 $376 $298 $18 $90 $1,043 $87
Escape XLT 2WD $236 $376 $298 $18 $90 $1,043 $87
Escape Limited 2WD $272 $376 $298 $18 $90 $1,079 $90
Escape XLT 4WD $272 $376 $298 $18 $90 $1,079 $90
Escape Limited 4WD $272 $458 $298 $18 $90 $1,161 $97
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Ford Escape insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $146 $236 $298 $18 $90 $788 $66
Escape XLS 4WD $146 $236 $298 $18 $90 $788 $66
Escape XLT 2WD $146 $236 $298 $18 $90 $788 $66
Escape Limited 2WD $168 $236 $298 $18 $90 $810 $68
Escape XLT 4WD $168 $236 $298 $18 $90 $810 $68
Escape Limited 4WD $168 $288 $298 $18 $90 $862 $72
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Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Rates do not factor in your specific Fort Collins location which can alter coverage prices noticeably.

Based on this data, using a $250 deductible could cost the average driver approximately $22 more each month or $264 for a full year than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at least 34 months between claim filings, you would come out ahead if you elect the higher deductible. Here is the way this determination is made.

Average monthly premium for $250 deductibles: $90
Average monthly premium for $1,000 deductibles (subtract): - $68
Monthly savings from raising deductible: $22
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $22
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 34 months

An important sidenote is that a higher deductible level means you will have to pay more when you have a claim. You will want to have some extra savings in the event you need to pay the deductible to have repairs made.

How accidents and violations affect rates

The diagram below shows how speeding tickets and accident claims can drive up Ford Escape insurance rates for different age groups of insureds. The rates are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied to the premium.

Three reasons auto insurance is important

Despite the fact that auto insurance is not cheap in Fort Collins, insurance may be mandatory for several reasons.

The benefits of carrying enough insurance definitely exceed the price paid, particularly for liability claims. The average driver in America is wasting up to $855 a year so shop around every year to be sure current rates are still competitive.

Cheap Ford Escape insurance rates in Fort Collins

Insurance is expensive, but you may qualify for discounts that many people don't even know exist. Many discounts should be triggered when you purchase, but a few must be asked about in order for you to get them.Discount insurance

As a sidenote, most credits do not apply to the overall cost of the policy. A few only apply to individual premiums such as physical damage coverage or medical payments. So even though it sounds like you would end up receiving a 100% discount, companies wouldn't make money that way.

The best insurance companies and their offered discounts include:

If you need lower rates, check with all the companies which discounts they offer. Some of the discounts discussed earlier might not be available to policyholders in your state.

Buying auto insurance from Fort Collins auto insurance agents

Some people prefer to talk to a local agent and that is not a bad decision One of the benefits of comparing rate quotes online is that you can obtain cheap auto insurance quotes and still buy from a local agent.

Fort Collins insurance agentsTo help locate an agent, after submitting this form (opens in new window), the quote information gets sent to agents in your area who will return price quotes for your auto insurance coverage. You won't need to leave your computer because quoted prices will be sent to your email. You'll get the best rates without a big time investment. If for some reason you want to get a rate quote from a specific company, feel free to visit that company's website to submit a rate quote request.

Picking the best insurer needs to be determined by more than just the bottom line cost. The answers to these questions are important, too.

When researching a reputable agency, you must know there are a couple different types of agents that you can select. Agents can be classified as either exclusive agents or independent agents.

Exclusive Agents

Exclusive agencies can only write with one company and examples are State Farm, Allstate and AAA. They generally cannot compare rates from other companies so you need to shop around if the rates are high. Exclusive agents are usually quite knowledgeable on their products and sales techniques and that enables them to sell even at higher rates.

The following is a short list of exclusive insurance agencies in Fort Collins that are able to give price quote information.

Ste B6, 2427 S College Ave - Fort Collins, CO 80525 - (970) 226-1800 - View Map

2121 Midpoint Dr #301a - Fort Collins, CO 80525 - (970) 484-3600 - View Map

1008 Driftwood Dr Ste B - Fort Collins, CO 80525 - (970) 204-1100 - View Map

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Independent Agencies or Brokers

Independent insurance agents can quote rates with many companies and that enables them to quote your coverage with any number of different companies and help determine which has the cheapest rates. If your agent finds better pricing, your agent can switch companies which requires no work on your part. If you are comparing auto insurance prices, we highly recommend that you get rate quotes from a few independent agents so that you have a good selection of quotes to compare.

The following are Fort Collins independent agencies willing to provide comparison quotes.

4532 E Boardwalk Dr #200 - Fort Collins, CO 80525 - (970) 482-7747 - View Map

148 W Oak St - Fort Collins, CO 80524 - (970) 490-1530 - View Map

4532 Mcmurry Ave Ste 101 - Fort Collins, CO 80525 - (970) 206-0800 - View Map

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If you receive good feedback to your questions as well as a affordable price, you've probably found an insurance agency that can be relied on to service your policy. Just keep in mind you are entitled to cancel coverage whenever you want so never assume that you are permanently stuck with any specific agency with no way to switch.

Insurance can get complicated

When selecting proper insurance coverage for your vehicles, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.Insurance savings

For example, these questions may help highlight whether or not you may require specific advice.

If it's difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Quote more and you will save more

Consumers leave their current company for a variety of reasons including policy cancellation, poor customer service, delays in paying claims and even extreme rates for teen drivers. It doesn't matter what your reason, choosing a new insurance company can be pretty painless.

When getting Fort Collins car insurance quotes online, it's very important that you do not buy lower coverage limits just to save a few bucks. In many instances, someone dropped uninsured motorist or liability limits only to regret they didn't purchase enough coverage. The proper strategy is to purchase a proper amount of coverage for the lowest price.

Some insurance companies may not provide online price quotes and these smaller companies only sell coverage through independent insurance agents. The cheapest Ford Escape insurance in Fort Collins is available on the web as well as from insurance agents, and you should be comparing both to have the best selection.

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