Finding economical insurance for a Ford Edge in Colorado is pretty straightforward, but it relies on a lot of rating criteria such as whether you are married, if you have recent claims, and if you have tickets or violations. Colorado drivers pay on average $957 each year for Edge insurance, but that amount is an approximation based upon a 40-year-old single male driver with full comprehensive and collision coverage and $1,000 deductibles.
There's a good chance you're not a 40-year-old male, married instead of single, or maybe you have a speeding ticket or two that will increase rates. This example demonstrates why the best way to find affordable rates for your Ford is to put in the effort to do a thorough rate comparison. To cut your rates now, get a free quote and you will receive price comparisons from the best companies that insure Ford vehicles in Colorado.
Your vehicle's trim level tends to have a direct effect on the cost of coverage, so the price you will be charged to insure a Edge SE 2WD will be $138 cheaper than the cost to insure the more well-appointed Edge Sport AWD model, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Edge SE 2WD||$144||$272||$426||$26||$128||$996||$83|
|Edge SE AWD||$144||$330||$426||$26||$128||$1,054||$88|
|Edge SEL 2WD||$144||$330||$426||$26||$128||$1,054||$88|
|Edge Limited 2WD||$144||$330||$426||$26||$128||$1,054||$88|
|Edge SEL AWD||$144||$330||$426||$26||$128||$1,054||$88|
|Edge Limited AWD||$164||$390||$426||$26||$128||$1,134||$95|
|Edge Sport 2WD||$164||$390||$426||$26||$128||$1,134||$95|
|Edge Sport AWD||$164||$390||$426||$26||$128||$1,134||$95|
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Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Prices do not factor in Colorado location which can affect coverage prices noticeably.
Comparing rates for affordable auto insurance is not always easy, and determining which company offers the most affordable auto insurance rates for a Ford Edge in Colorado will require more quotes for comparison. Each insurance company has a different formula for setting rates, so let's rank the most competitive auto insurance companies in Colorado.
Best Cheap Insurance Rates for Your Edge
|Rank||Company||Cost Per Year|
|14||Colorado Farm Bureau||$1,576|
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The Hartford has some of the cheapest car insurance rates in Colorado at around $834 per year. This is $744 less than the average price paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and Auto-Owners also are some of the more affordable Colorado auto insurance companies.
As shown above, if you currently buy coverage from USAA and switched to The Hartford, you might realize annual savings of upwards of $205. Colorado drivers with Nationwide might save as much as $309 a year, and Auto-Owners insureds might see rate reductions of $334 a year.
To find out how your current rates compare, click here to begin a quote or feel free to get quotes from the companies below.
Understand that those estimates are averaged for all drivers and vehicles in Colorado and and are not figured with a specific rate value for a Ford Edge. So the company that has the cheapest rates for you may not even be in the top 21 companies in the list above. That underscores the importance of why you need to get car insurance quotes using your own specific driver information and vehicle.
Discount Colorado insurance rates
Car insurance companies that offer cheap quotes for a Ford Edge could also offer policy discounts that could reduce prices by as much as 25% or more if you meet certain criteria. A list of auto insurance companies and a summarized list of policyholder discounts can be read below.
- State Farm may have discounts that include multiple autos, good student, safe vehicle, accident-free, good driver, and Drive Safe & Save.
- GEICO may offer discounts for air bags, seat belt use, membership and employees, emergency military deployment, and multi-policy.
- Liberty Mutual discounts include new vehicle discount, safety features, good student, newly retired, teen driver discount, and preferred payment discount.
- The Hartford has discounts for vehicle fuel type, air bag, anti-theft, defensive driver, and bundle.
- MetLife policyholders can earn discounts including good student, multi-policy, accident-free, defensive driver, claim-free, and good driver.
- Progressive offers discounts including continuous coverage, online signing, good student, online quote discount, multi-policy, and homeowner.
The example below illustrates the comparison of insurance prices with and without discounts applied to the policy rates. The prices are based on a female driver, no claims or violations, Colorado state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with anti-theft, accident-free, marriage, defensive driving course, claim-free, and safe-driver discounts applied. In this example, the average savings per year on auto insurance for a Ford Edge is 28% or $527.
Why you should be shopping around
Colorado auto insurance rates are impacted by many things which can significantly increase or decrease the cost of your policy. Improving your credit rating, getting married, or getting a ticket for careless driving can trigger changes in premium that can now make some companies affordable when they were higher priced. In addition to those changes, auto insurance companies amend pricing every year in order to be able to pay unexpected claims. Larger than normal claims can cause higher priced premiums, while better underwriting may produce cheaper Edge insurance rates.
To help illustrate this point, the data below shows rates for the cheapest car insurance in Colorado for a 45-year-old male driver with a clean driving record, no accidents, and a high credit rating. If we estimate rates based on his current risk factors, The Hartford may have the cheapest car insurance rates in Colorado at $825 per year. This is $753 less than the average policy premium paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and GEICO are also on the list of the best Colorado auto insurance companies.
The next chart shows rates after we give the driver from the first rate comparison a claim surcharge, a lower credit score, and a couple of points charged on his driving record. Since each auto insurer has a proprietary method to determine rates, analyzing rates may now result in a different list of companies as shown below.
Auto-Owners now has the cheapest rate in Colorado with State Farm, Grange, American Family, and Progressive completing the list. This example illustrates why Colorado drivers need to shop around with many companies to find the best auto insurance quotes for a Ford Edge.
Auto insurance prices can be determined by many different factors and can increase or decrease at any time, so the most affordable company three years ago may now not even be in the top five.