Trying to come up with a payment for pricey auto insurance can eat up your bank account and possibly require postponing other expenditures. Doing a price comparison is free and is an excellent way to ensure you are getting the best deal.
A recent auto insurance study discovered that most auto insurance policyholders kept their policy with the same company for four years or more, and roughly 40% of drivers have never compared rates to find cheaper insurance. Colorado consumers could save as much as $610 each year by just comparing rate quotes, but they underestimate the benefits if they replace their high priced policy. Vehicle owners have many auto insurance companies to pick from, and although it's a good thing to have a choice, more choices can make it harder to find the best rates for Ford Escape insurance in Aurora.
Consumers should take time to get comparison quotes quite often because auto insurance prices change frequently. Even if you think you had the lowest rate on Ford Escape insurance in Aurora six months ago there may be better deals available now. You can search a lot of Escape insurance online, but you can learn some proven techniques to save money.
Pricing the best-priced policy in Aurora is not as hard as you think. If you are already insured or just want cheaper coverage, take advantage of these tips to shop for the lowest rates without reducing protection. Drivers just need to know the most effective way to get comparison rates using one simple form.
Five Tips to Get More Affordable Aurora Insurance Premiums
Many factors are part of the equation when you quote your car insurance policy. Some factors are common sense like your driving record, but other factors are more transparent like your continuous coverage or how safe your car is. Consumers need to have an understanding of some of the things that help determine car insurance rates. When consumers understand what positively or negatively impacts your premiums, this enables you to make decisions that can earn you much lower annual insurance costs.
Rates and employer - Did you know your job can affect your rates? Careers such as fire fighters, social workers and emergency personnel tend to have higher rates than the rest of us attributed to high stress levels and extremely grueling work hours. Other jobs like scientists, students and performers have the lowest average rates.
Lower rates come with age - More mature drivers are shown to be more cautious, cause fewer claims and accidents, and tend to be get fewer driving tickets.Drivers with little experience have a tendency to be inattentive and easily distracted in a vehicle so car insurance rates are higher.
Females tend to take less risk - Statistics demonstrate that females tend to be a little less risky than males. It does not mean men are WORSE drivers than women. Females and males have fender benders at a similar rate, but the males have accidents that have higher claims. Men also statistically get more serious tickets like reckless driving and DUI. Males from age 16 to 21 are the most expensive to insure so they pay the highest premiums.
Annual mileage impacts rates - Driving a lot of miles in a year the more you'll pay to insure your vehicle. A lot of companies calculate rates based on how the vehicle is used. Cars and trucks that have low annual miles receive better premium rates than cars that get driven a lot. Ask your agent if your car insurance declarations sheet is showing the correct usage for each vehicle, because improper ratings can cost you money. An improperly rated Escape may be costing you higher rates.
Multiple policies with one company can save - Most companies apply lower prices to buyers who buy several policies from them. It's known as a multi-policy discount. The discount can add up to ten percent or more. Even if you already get this discount, you still need to compare Ford Escape rates in Aurora to make sure you are getting the best deal. Drivers may still save even more by insuring with multiple companies.
Insurance loss statistics a Ford Escape - Insurance companies include the past claim history for a vehicle to calculate a rate that will offset losses. Models that have higher frequency or amount of claims will have a higher cost to insure.
The next table shows the actual insurance loss data for Ford Escape vehicles. For each coverage category, the claim amount for all vehicles, regardless of make or model, is a value of 100. Values under 100 indicate better than average losses, while numbers that are greater than 100 point to more frequent losses or statistically larger claims.
Ford Escape Insurance Loss Statistics
|Vehicle 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 IIHS.org for 2013-2015 Model Years
The most recommended method to compare car insurance rates for Ford Escape insurance in Aurora is to understand auto insurance companies pay for the opportunity to quote your coverage. The only thing you need to do is give them some information including how much you drive, driver details, whether your vehicle is owned or leased, and whether the vehicles are used for commuting. Those rating factors is automatically sent to many different companies and they provide comparison quotes with very little delay.
If you would like to compare rates now, click here and see if a lower rate is available in Aurora.
The companies in the list below have been selected to offer free rate quotes in Aurora, CO. If multiple companies are listed, we recommend you click on several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$256||$440||$304||$18||$92||$1,110||$93|
|Escape XLS 4WD||$166||$236||$392||$24||$118||$936||$78|
|Escape XLT 2WD||$166||$298||$314||$18||$94||$890||$74|
|Escape Limited 2WD||$190||$298||$314||$18||$94||$914||$76|
|Escape XLT 4WD||$152||$218||$308||$18||$92||$788||$66|
|Escape Limited 4WD||$234||$448||$338||$20||$102||$1,142||$95|
|Get Your Own Custom Quote Go|
Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Estimates do not factor in zip code location which can impact insurance rates noticeably.
Should you buy full coverage?
The example below examines Ford Escape yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. The price estimates are based on a clean driving record, no claims, $500 deductibles, married male driver, and no discounts are applied.
Should you be buying full coverage?
There is no written rule to stop paying for physical damage coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is about 10% or more of the settlement you would receive from your company, then you may need to consider dropping full coverage.
For example, let's assume your Ford Escape book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $6,000 after paying your policy deductible. If premium cost is more than $600 annually to have full coverage, then it might be time to buy liability only.
There are some cases where buying only liability insurance is not a good plan. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not opt for liability only.
Comparison of auto insurance rates by gender
The information below shows the difference between Ford Escape insurance costs for male and female drivers. The data is based on no violations or accidents, comp and collision included, $500 deductibles, drivers are single, and no discounts are applied to the premium.
Well known brands might not be cheapest
Consumers can't avoid all the ads that claim the cheapest car insurance rates from companies such as GEICO, State Farm and Progressive. All the companies have a common claim about how much you will save if you switch your policy.
Is it even possible that every company can charge you less for car insurance? This is the trick they use.
Insurance companies give the cheapest rates for the type of customer that earns them the most money. For instance, a preferred risk could be between 30 and 50, has no driving citations, and chooses high deductibles. Any customer who matches that profile will most likely get cheap car insurance rates and will also save quite a bit of money when switching.
Drivers who do not meet the "perfect" profile will probably have to pay higher premium rates and this results in the customer buying from someone else. The trick is to say "customers who switch" but not "everyone who gets a quote" can get the lowest rates when switching. That's the way insurance companies can make claims that they all have the best premium rates.
Because of these techniques, you should do a quote comparison often. It is impossible to predict which insurance company will provide you with the cheapest Ford Escape insurance in Aurora.
Auto insurance does more than just repair your car
Despite the potentially high cost of Ford Escape insurance, insurance is required by state law in Colorado and it also provides benefits you may not be aware of.
- The majority of states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability insurance in order to get the vehicle licensed. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you have a loan on your Escape, most lenders will require that you buy insurance to guarantee payment of the loan. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Ford at a more expensive rate and force you to reimburse them a much higher amount than you were paying before.
- Insurance protects not only your Ford but also your financial assets. It will also provide coverage for medical bills for you, your passengers, and anyone else injured in an accident. Liability insurance will also pay for a defense attorney if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, comprehensive and collision coverage will pay to have it repaired.
The benefits of having insurance definitely exceed the cost, particularly when you have a large claim. Despite what companies tell you, the average driver is currently overpaying as much as $700 annually so smart consumers compare quotes at every policy renewal to ensure rates are competitive.
Discount Aurora auto insurance quotes
Not too many consumers would say auto insurance is affordable, but there are discounts available that can dramatically reduce your bill. Many of these discounts will be applied automatically when you complete an application, but some may not be applied and must be manually applied before you get the savings.
- Onboard Data Collection - Drivers that enable their company to scrutinize where and when they drive by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if they have good driving habits.
- Student Driver Training - Make teen driver coverage more affordable by requiring them to participate in a local driver's education class if offered at their school.
- Sign Online - Certain auto insurance companies provide a small discount just for signing your application on the internet.
- Accident Waiver - Not really a discount, but a handful of insurance companies will forgive one accident without raising rates so long as you haven't had any claims prior to being involved in the accident.
- Distant Student Discount - Older children who attend college more than 100 miles from Aurora and do not take a car to college may be able to be covered for less.
Don't be surprised that most of the big mark downs will not be given to all coverage premiums. Most only apply to individual premiums such as liability and collision coverage. So even though you would think having all the discounts means you get insurance for free, insurance companies wouldn't stay in business.
To view providers that provide some of the discounts listed above in Colorado, click this link.
Exclusive or independent insurance agencies
A small number of people would rather sit down and talk to an agent and often times that is recommended Good agents can answer important questions and give you someone to call. A good thing about price shopping on the web is you can get cheap insurance quotes and still have a local agent. And supporting local agencies is important particularly in Aurora.
By using this quick form, the quote information is sent to agents in your area who will give competitive quotes for your insurance coverage. You won't even need to contact any agents since price quotes are sent to you directly. If you need to get a rate quote from a specific insurance provider, you would need to search and find their rate quote page and complete a quote there.
If you are searching for a reliable insurance agency, it's helpful to know the types of agencies and how they function. Insurance agencies are classified as either independent agents or exclusive agents depending on their employer. Both can provide insurance policies, but it's a good idea to understand the difference in how they write coverage since it can impact buying decisions.
Agents that choose to be independent can quote rates with many companies so they can insure your vehicles with many different companies and find you cheaper rates. If they find a cheaper price, your policy is moved internally and you can keep the same agent. When shopping rates, you should always get some free quotes from several independent agencies to get the most accurate price comparison.
The following is a partial list of independent agents in Aurora who can help you get free insurance quotes.
BUD JUDY AGENCY, INC. (INDEPENDENT INSURANCE AGENCY)
2222 S Fraser St Unit 4 - Aurora, CO 80014 - (303) 368-5839 - View Map
A Complete Auto Insurance Agency
543 Sable Blvd - Aurora, CO 80011 - (303) 650-0060 - View Map
Agents that elect to be exclusive are contracted to one company like Farmers Insurance, State Farm, or Allstate. They are unable to provide other company's prices so you might not find the best rates. Exclusive agents are trained well on what they offer which helps them sell insurance even at higher premiums.
Shown below are exclusive insurance agencies in Aurora willing to provide price quote information.
Stan Kellogg - State Farm Insurance Agent
15434 E Orchard Rd - Aurora, CO 80016 - (303) 699-2288 - View Map
Picking the best insurance agency requires more thought than just a cheap quote. These questions are important to ask:
- Which insurance companies are they affiliated with?
- Are they full-time agents?
- What insurance companies do they recommend if they are an independent agent?
- If you are a high risk driver, do they have special markets for your coverage?
- Where are claims handled?
You are unique and your car insurance should be too
Keep in mind that when it comes to choosing insurance from an agent or online for your personal vehicles, there is no "best" method to buy coverage. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions could help you determine whether you will benefit from professional help.
- Am I getting all the discounts available?
- Does my policy cover my teen driver if they drive my company car?
- Which is better, split liability limits or combined limits?
- I don't drive much so do I pay less?
- Am I covered when driving someone else's vehicle?
- If my Ford Escape is totaled, can I afford another vehicle?
- When would I need rental car insurance?
If you can't answer these questions but you know they apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area. It is quick, free and can help protect your family.
Cheap coverage is out there
Cost effective Ford Escape insurance can be found both online and from local agencies, and you need to price shop both in order to have the best chance of saving money. A few companies do not provide the ability to get quotes online and these small, regional companies sell through independent insurance agents.
We just presented some good ideas how you can find cheaper Ford Escape insurance in Aurora. The key concept to understand is the more times you quote, the better your comparison will be. Drivers may even discover the lowest priced car insurance comes from a smaller regional carrier. Some small companies may only write in your state and offer lower prices than the large multi-state companies such as Progressive and GEICO.
More information can be read at these links:
- Booster Seat Ratings (iihs.org)
- Who Has Affordable Auto Insurance for Teenagers in Colorado? (FAQ)
- How Much are Auto Insurance Rates for Electric Cars in Colorado? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for 4x4 Vehicles in Colorado? (FAQ)
- A Tree Fell on Your Car: Now What? (Allstate)
- Event Data Recorders FAQ (iihs.org)