Ford Escape Insurance Quotes in Cincinnati

The best way we recommend to find cheaper Ford Escape insurance in Cincinnati is to make a habit of regularly comparing prices from insurers in Ohio. Price quotes can be compared by following these guidelines.

• First, try to comprehend coverages and the modifications you can make to lower rates. Many rating criteria that cause rate increases like traffic violations, accidents, and poor credit rating can be controlled by making lifestyle changes or driving safer.
• Second, compare rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive or State Farm, while agents who are independent can quote rates from multiple companies.
• Third, compare the new quotes to your existing policy to see if you can save by switching companies. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
• Fourth, notify your current company of your decision to cancel your current policy and submit the required down payment along with the signed application to the new company. As soon as you receive it, place the new certificate verifying coverage along with your vehicle registration.

One key aspect of rate comparisons is that you’ll want to make sure you compare the same coverage limits and deductibles on each price quote and and to look at as many companies as you can. Doing this enables the most accurate price comparison and the most accurate and complete price analysis.

A recent study showed that the vast majority of insurance customers have stayed with the same insurance company for well over three years, and almost half have never compared quotes from other companies. Drivers in Cincinnati could save almost $729 each year, but they don’t know the benefits if they swap their current policy for a cheaper one.

Companies offering Ford Escape insurance in Ohio

The auto insurance companies shown below are ready to provide free quotes in Ohio. If you wish to find the cheapest car insurance in Cincinnati, we recommend you visit as many as you can to get a more complete price comparison.

Coverage statistics and figures

The information below covers a range of insurance policy prices for Ford Escape models. Learning more about how auto insurance premiums are calculated can assist in making decisions on the best policy coverages.

Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Premium amounts do not factor in vehicle location which can alter premium rates greatly.

Where to set your deductibles

When buying auto insurance, a common question is which deductibles should you choose. The comparison tables below may help to conceptualize the difference in cost between high and low policy deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second rate table uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Price information does not factor in vehicle garaging location which can modify price quotes greatly.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs about $21 more each month or $252 a year than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 43 months between claim filings, you would probably save some money if you opt for a higher deductible. The table below shows an example of how we made this calculation.

One important note is that raising deductibles means you will have to cover more of the damage yourself when you have a claim. That will necessitate enough savings in the event you need to pay the higher deductible.

Auto insurance premiums based on gender

The chart below shows the difference between Ford Escape insurance rates for male and female drivers. The data assumes no tickets, no at-fault accidents, full physical damage coverage, $1,000 deductibles, single status, and no additional discounts are factored in.

Difference between liability only and full coverage rates

The diagram below compares Ford Escape auto insurance costs with and without full coverage. The premiums are based on a clean driving record, no at-fault accidents, $500 deductibles, single status, and no additional discounts are factored in.

Deciding between full coverage and liability only

There is no definitive formula of when to stop paying for physical damage coverage, but there is a broad guideline. If the yearly cost of full coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Ford Escape claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $8,000 after you pay the deductible. If you are paying in excess of $800 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some situations where removing full coverage is not in your best interest. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not remove full coverage.

Cincinnati auto insurance discounts

Auto insurance is not inexpensive, but there could be significant discounts that you may not even know about. Certain credits will be shown at the time of quoting, but some need to be inquired about before you will receive the discount.

• Telematics Data – Policyholders that allow their auto insurance company to look at vehicle usage by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate might see lower rates as long as they are good drivers.
• Fewer Miles Equal More Savings – Low mileage vehicles can qualify you for discounted rates on garaged vehicles.
• Discounts for Government Workers – Being employed by or retired from a federal job can save as much as 8% but check with your company.
• Discount for Home Ownership – Just being a homeowner can earn you a little savings because of the fact that having a home requires a higher level of personal finance.
• Defensive Driver – Taking part in a course in safe driver may get you a small discount depending on where you live.
• Discount for New Cars – Buying a new car model can cost up to 25% less compared to insuring an older model.
• 55 and Retired – Seniors could receive better auto insurance rates.
• Theft Prevention System – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and earn discounts up to 10% off your Cincinnati auto insurance quote.
• Claim Free – Good drivers with no accidents pay much less as opposed to drivers with a long claim history.
• Accident Forgiveness Coverage – This one is not really a discount per se, but some insurance companies will turn a blind eye to one accident before hitting you with a surcharge if you have no claims for a particular time prior to the accident.

As a sidenote, most discounts do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Just because you may think you could get a free auto insurance policy, company stockholders wouldn’t be very happy.

The example below illustrates the difference between Ford Escape premium costs with and without discounts applied to the premium. The data assumes a male driver, no accidents, no driving violations, Ohio state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-policy, safe-driver, marriage, and multi-car discounts applied.

Some of the insurance companies who may offer some of the above discounts include:

• Progressive
• GEICO
• State Farm
• Esurance
• The Hartford

If you need lower rates, check with every company what discounts are available to you. A few discounts might not be offered in your state. If you would like to view companies that offer many of these discounts in Cincinnati, click here.

Comparing prices from local Cincinnati auto insurance agents

Many drivers still like to sit down and talk to an agent and we recommend doing that One of the best bonuses of getting free rate quotes online is the fact that you can find the best rates and still have a local agent. And providing support for local insurance agencies is important particularly in Cincinnati.

Once you complete this simple form, your information is sent to agents in your area who will give competitive quotes for your car insurance coverage. It’s much easier because you don’t need to even leave your home since rate quotes are delivered to your email. You’ll get the best rates and a licensed agent to work with. If you want to quote rates from a specific car insurance provider, you can always visit that company’s website and complete a quote there.

If you are wanting to find a local insurance agency, it can be helpful to understand the different types of agencies that you can select. Car insurance agents can be categorized as either independent or exclusive.

Independent Car Insurance Agents

Independent agents are not locked into one company and that gives them the ability to insure with lots of companies depending on which coverage is best. If you want to switch companies, they can switch companies in-house and you won’t have to switch agencies. If you are trying to find cheaper rates, we recommend you include rate quotes from at least one independent agent for the best price selection.

The following is a partial list of independent agencies in Cincinnati that may be able to give cheap rate quotes.

View more agents

Exclusive Insurance Agencies

Exclusive agencies can only write with one company like Allstate and State Farm. They are unable to provide other company’s prices so they are skilled at selling on more than just price. These agents are highly trained on their products and sales techniques which helps them sell on service rather than price.

The following are Cincinnati exclusive agencies willing to provide price quote information.

View more agents

Deciding on an insurance agency requires you to look at more than just a cheap price quote. Below are some questions you should ask.

• Can you get a list of referrals?
• Do they feel the quoted coverages are adequate?
• Will the agent help in case of a claim?
• Do they have any clout with companies to ensure a fair claim settlement?
• Do they carry Errors and Omissions coverage?
• How long has their agency been in business in Cincinnati?

If you receive answers to your satisfaction to all your questions as well as low cost Ford Escape insurance quotes, most likely you have located an auto insurance agent that meets the criteria to service your policy. Just keep in mind you can cancel your coverage whenever you want so don’t think you’re contractually obligated to a specific agent for the full policy term.

Detailed coverages of your insurance policy

Learning about specific coverages of your policy can be of help when determining the best coverages for your vehicles. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are typical coverages found on most insurance policies.

Liability coverages

Liability insurance can cover damage that occurs to other’s property or people by causing an accident. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for things like medical expenses, court costs and structural damage. The amount of liability coverage you purchase is up to you, but buy as much as you can afford. Ohio state minimum liability requirements are 25/50/25 but you should think about purchasing better liability coverage.

The illustration below shows why the minimum limit may not be high enough to cover claims.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Ford Escape.

Because many people have only the minimum liability required by law (Ohio limits are 25/50/25), their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision protection

Collision insurance will pay to fix damage to your Escape caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as scraping a guard rail, backing into a parked car, crashing into a building, colliding with a tree and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also increase the deductible on your Escape to bring the cost down.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hail damage, hitting a bird and a tree branch falling on your vehicle. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance kick in for expenses like nursing services, prosthetic devices, dental work and chiropractic care. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Compare but don’t skimp

Some companies don’t offer online price quotes and most of the time these smaller providers prefer to sell through independent agents. Low-cost Ford Escape insurance in Cincinnati is available on the web as well as from independent agents in Cincinnati, so you should compare both to have the best rate selection.

We covered a lot of tips how to lower your Ford Escape insurance car insurance rates in Cincinnati. The most important thing to understand is the more providers you compare, the higher your chance of finding affordable Ford Escape insurance quotes. You may even be surprised to find that the lowest car insurance rates are with the least-expected company. These companies may only write in your state and offer lower premium rates than their larger competitors like State Farm, GEICO and Nationwide.

More information is located at these links:

• Coverage Information (Progressive Insurance)
• Who Has Affordable Auto Insurance for a Nissan Sentra in Cincinnati? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Drivers with a DUI in Cincinnati? (FAQ)
• How Much are Cincinnati Car Insurance Quotes for a Toyota RAV4? (FAQ)
• Who Has Cheap Cincinnati Car Insurance Quotes for a Toyota 4Runner? (FAQ)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Electronic Stability Control FAQ (iihs.org)
• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
• Things to Know Before you Cancel Insurance (Allstate)