Compare Ford Edge Insurance Quotes in Fort Wayne

Did you fall for a flashy sales pitch and buy an under-performing, overpriced insurance policy? Don’t feel bad because there are lots of people in the same boat.

It’s safe to conclude that auto insurance companies don’t want their customers to go rate shopping. Drivers who get comparison quotes at least once a year are very likely to buy a different policy because there is a significant possibility of finding a lower rate. A recent insurance study discovered that drivers who shopped around annually saved an average of $865 annually compared to policyholders who didn’t regularly shop around.

If finding the cheapest price for Ford Edge insurance is your ultimate objective, then having some knowledge of how to get rate quotes and compare auto insurance can make it simple to find affordable coverage.

How to save on Ford Edge insurance in Fort Wayne

If you want to find the absolute lowest rates, then the best way to get cheaper car insurance rates in Fort Wayne is to compare prices at least once a year from providers who provide car insurance in Indiana.

1. Spend a few minutes and learn about how car insurance works and the measures you can take to keep rates down. Many policy risk factors that drive up the price like speeding tickets, careless driving and a not-so-good credit history can be eliminated by being financially responsible and driving safely.
2. Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like GEICO or State Farm, while independent agencies can quote rates from multiple sources. View rates
3. Compare the new rates to your current policy to determine if you can save on Edge insurance in Fort Wayne. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
4. Give notification to your current company of your intention to cancel your current auto insurance policy. Submit a down payment and signed policy application to your new company or agent. Once the paperwork is finalized, keep the new certificate verifying coverage in your vehicle’s glove compartment or console.

An important note is that you’ll want to compare the same amount of coverage on each quote request and and to get price quotes from as many companies as you can. Doing this helps ensure an accurate price comparison and many rates to choose from.

Many insurers compete for your hard-earned dollar, and it can be difficult to compare rates to find the best rate on Ford Edge insurance in Fort Wayne.

These seven discounts can slash Ford Edge insurance rates

Insurance can cost an arm and a leg, but there’s a good chance there are discounts that many consumers don’t even know exist. Many discounts should be triggered at the time of quoting, but less common discounts must be manually applied before they will apply.

• Discount for Passive Restraints – Factory options such as air bags and/or automatic seat belt systems can get savings up to 30%.
• Anti-lock Brake System – Anti-lock brake equipped vehicles can stop better under adverse conditions and the ABS can save up to 10%.
• Early Payment Discounts – If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
• Discount for Home Ownership – Just owning your own home may trigger a policy discount on insurance due to the fact that maintaining a home is proof that your finances are in order.
• Senior Discount – If you qualify as a senior citizen, you could receive lower premium rates.
• Life Insurance Discount – Not all insurance carriers offer life insurance, but some may give you a discount if you purchase auto and life insurance together.
• Seat Belt Usage – Forcing all vehicle occupants to wear their seat belts can save up to 15% off the PIP or medical payment premium.

As a footnote on discounts, some credits don’t apply to the overall cost of the policy. The majority will only reduce individual premiums such as comprehensive or collision. So when it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.

The illustration below shows the comparison of Ford Edge car insurance costs with and without policy discounts. The premiums are based on a female driver, no claims, a clean driving record, Indiana state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, multi-policy, safe-driver, homeowner, and claim-free discounts applied.

A list of companies and a partial list of their discounts are outlined below.

• State Farm may have discounts that include anti-theft, defensive driving training, multiple autos, passive restraint, and multiple policy.
• American Family discounts include mySafetyValet, TimeAway discount, defensive driver, Steer into Savings, good student, and bundled insurance.
• GEICO offers discounts including defensive driver, emergency military deployment, five-year accident-free, military active duty, multi-policy, and membership and employees.
• 21st Century includes discounts for good student, theft prevention, driver training, air bags, and defensive driver.
• Progressive may offer discounts for good student, online quote discount, multi-vehicle, online signing, and multi-policy.

Before purchasing a policy, check with all companies you are considering how many discounts you can get. Some credits might not be offered on policies in your state. To see a list of insurance companies with significant discounts in Fort Wayne, follow this link.

The quickest method we recommend to compare rate quotes for Ford Edge insurance in Fort Wayne utilizes the fact car insurance companies have advanced systems to compare their rates. The only thing you need to do is take a few minutes to give details including the ages of drivers, deductibles desired, if the car is leased, and if a SR-22 is required. Your details gets sent immediately to many of the top insurers and they return rate quotes instantly to find the best rate.

If you wish to get multiple quotes for your Ford Edge now, click here then complete the form.

The providers in the list below have been selected to offer comparison quotes in Indiana. If multiple companies are listed, we suggest you visit as many as you can in order to get a fair rate comparison.

Analysis of coverages

The price information below covers a range of insurance rates for Ford Edge models. Having a good grasp of how auto insurance policy rates are established helps drivers make decisions when shopping your coverage around.

Data variables include married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Table data does not factor in the specific area where the vehicle is garaged which can change coverage rates significantly.

Higher deductibles lower rates

One of the hardest decisions when shopping for insurance is at what level do you set your deductibles. The comparisons below can help show the cost difference when you choose different physical damage deductibles. The first rate quote example uses a $100 comprehensive and collision deductible and the second data table uses a $500 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rate quotes do not factor in zip code location which can increase or decrease price quotes substantially.

Using the data above, we can ascertain that using a $100 deductible costs roughly $20 more each month or $240 a year than buying the higher $500 deductible. Since the policyholder would be required to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go more than 20 months between claims, you would most likely save money by selecting a higher deductible.

Impact of citations and accidents on insurance rates

The diagram below shows how violations and at-fault fender-benders can increase Ford Edge auto insurance rates for different age groups. The premiums are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.

Insurance premiums based on gender

The diagram below shows the comparison of Ford Edge insurance premiums for male and female drivers. The price estimates are based on no claims or driving citations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are applied.

It’s not one size fits all

Keep in mind that when it comes to choosing the best insurance coverage, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s.

Here are some questions about coverages that could help you determine if you will benefit from professional help.

• Am I covered when driving in Canada or Mexico?
• Which companies will insure high-risk drivers?
• Why am I required to buy liability insurance?
• What does PIP insurance cover?
• Is my Ford Edge covered for smoke damage?
• How much liability do I need to cover my assets?
• Is my vehicle covered by my employer’s policy when using it for work?
• Am I covered if my car is in a flood?
• Should I have a commercial auto policy?
• When should I drop full coverage on my Ford Edge?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and you can get the answers you need.

Comparing quotes from local Fort Wayne insurance agents

Many drivers still like to talk to an insurance agent. Good agents will help you protect your assets and help submit paperwork. An additional benefit of getting online price quotes is the fact that drivers can get the best rates and also buy local.

To help locate an agent, after submitting this simple form, your coverage information is immediately sent to agents in your area who will give you bids for your business. It’s much easier because you don’t need to search for any insurance agencies because quoted prices will be sent straight to your inbox. If you have a need to quote rates from a specific insurance company, just go to their quote page and fill out their quote form.

Selecting a insurance company should include more criteria than just the bottom line cost. Get answers to these questions too.

• How long has their agency been open in Fort Wayne?
• Will they take your side in the event of a claim?
• Can they provide you with a list of referrals?
• Do you need full coverage on every vehicle?
• Can you use your own choice of collision repair facility?
• Will high miles depreciate repair valuations?
• Do they carry Errors and Omissions coverage?
• Which family members are covered?

Independent or Exclusive: It’s your choice

If you are wanting to find a good Fort Wayne insurance agent, there are two different types of agents and how they are distinctly different. Insurance agencies in Fort Wayne are classified as either independent (non-exclusive) or exclusive. Either one can insure your vehicles, but it’s important to know the difference in how they write coverage because it can influence the type of agent you choose.

Exclusive Insurance Agencies

These agents have only one company to place business with and some examples include Farmers Insurance and State Farm. They are unable to compare rates from other companies so always compare other rates. Exclusive agencies are trained well on their company’s products which helps overcome the inability to quote other rates.

The following are exclusive agents in Fort Wayne who may provide you with price quotes.

View more agents

Independent Car Insurance Agencies

Independent insurance agents often have affiliation with several companies so as a result can place your coverage through many different car insurance companies and get the cheapest rates. If your premiums go up, they simply move the coverage in-house and you don’t have to switch agencies.

If you need cheaper car insurance rates, you absolutely need to include price quotes from several independent insurance agents in order to compare the most rates.

Listed below is a short list of independent agents in Fort Wayne that can give you price quote information.

View more agents

Auto insurance is not optional

Even though Fort Wayne Edge insurance rates can get expensive, insurance may be mandatory for several reasons.

• The majority of states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific limits of liability insurance coverage if you drive a vehicle. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If your Ford Edge has a lienholder, almost all lenders will stipulate that you have comprehensive coverage to guarantee their interest in the vehicle. If the policy lapses, the bank will be required to insure your Ford at a significantly higher premium and force you to pay a much higher amount than you were paying before.
• Insurance protects both your assets and your car. It will also cover most medical and hospital costs for yourself as well as anyone injured by you. Liability coverage, the one required by state law, also covers legal expenses if you cause an accident and are sued. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.

The benefits of having insurance definitely exceed the price paid, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is overpaying more than $855 a year so shop around at least once a year to be sure current rates are still competitive.

Information about specific coverages

Understanding the coverages of your policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as rock chips in glass, hail damage and damage from getting keyed. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Collision – Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as sustaining damage from a pot hole, rolling your car, crashing into a building and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible on your Edge to get cheaper collision coverage.

Medical expense insurance – Coverage for medical payments and/or PIP reimburse you for immediate expenses like rehabilitation expenses, pain medications, ambulance fees and surgery. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers – This coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your Ford Edge.

Since a lot of drivers only carry the minimum required liability limits (Indiana limits are 25/50/10), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Auto liability insurance – This provides protection from damage that occurs to people or other property. This insurance protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/10 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $10,000 of coverage for damaged property.

Liability coverage pays for things such as attorney fees, repair costs for stationary objects and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible. Indiana state law requires minimum liability limits of 25/50/10 but drivers should carry more coverage.

The chart below shows why buying minimum limits may not be adequate coverage.

Lower rates by being persistent

In this article, we presented some good ideas how you can reduce Ford Edge insurance prices online in Fort Wayne. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest prices come from a smaller regional carrier.

When trying to cut insurance costs, don’t be tempted to reduce coverage to reduce premium. In too many instances, drivers have reduced physical damage coverage and found out when filing a claim they didn’t purchase enough coverage. The goal is to purchase plenty of coverage at the lowest possible cost while still protecting your assets.

People leave their current company for many reasons like poor customer service, denial of a claim, questionable increases in premium or delays in paying claims. Regardless of your reason, choosing a new company can be less work than you think.

Steps to buying cheaper Ford Edge insurance in Fort Wayne

The best way to quote cheaper auto insurance rates is to start comparing rates regularly from different companies in Fort Wayne.

1. Try to comprehend what is in your policy and the things you can change to drop your rates. Many rating factors that result in higher rates like speeding tickets, accidents and a poor credit score can be controlled by making minor changes in your lifestyle.
2. Request rate estimates from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO and State Farm, while independent agencies can give you price quotes from multiple insurance companies.
3. Compare the price quotes to the price on your current policy to determine if switching companies saves money. If you find better rates and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Provide adequate notice to your current company of your intention to cancel your current auto insurance policy and submit payment and a signed application for the new coverage. Once the paperwork is finalized, put the certificate of insurance in an accessible location in your vehicle.

The critical component of shopping around is to make sure you’re comparing the same amount of coverage on each quote request and to quote with as many car insurance companies as possible. This ensures a level playing field and the best price selection.

Additional detailed information is located in the articles below:

• Rollover Crash FAQ (iihs.org)
• Who Has the Cheapest Auto Insurance for 18 Year Olds in Fort Wayne? (FAQ)
• Who Has Affordable Fort Wayne Auto Insurance for Low Income Drivers? (FAQ)
• Who Has Cheap Car Insurance Rates for 19 Year Olds in Fort Wayne? (FAQ)
• Help Your Teen Be a Better Driver (State Farm)
• How to Avoid Buying a Flooded Car (Insurance Information Institute)