Save Money on Ford Fusion Hybrid Insurance in Austin

Are you irritated from sacrificing to insure your Ford every month? You are in the same boat as many other Texas drivers.

Sad but true, most insurance policyholders have remained with the same insurance company for a minimum of four years, and almost 40% of drivers have never quoted rates to find affordable coverage. Drivers in Texas could pocket as much as $1,800 a year by just comparing rate quotes, but they underestimate the benefits if they swap their current policy for a cheaper one.

With so many options when it comes to insurance, it can be hard to find the right insurance company.

You need to compare prices before your next renewal because insurance prices tend to go up over time. If you had the best rate on Ford Fusion Hybrid insurance in Austin a few years ago there is a good chance you can find better premium rates now. Forget all the misinformation about insurance because you’re about to learn the only way to lower your annual insurance bill.

This information will help you learn how to get online quotes and how to save the most money. If you are paying for car insurance now, you will definitely be able to find better prices using the ideas presented in this article. But Texas vehicle owners need to learn how companies market insurance on the web and use it to your advantage.

Which Ford Fusion Hybrid insurance is cheapest in Austin, TX?

When shopping for low cost Austin auto insurance quotes, there are a couple of ways of comparing rates from all the different companies. The easiest way to comparison shop consists of obtaining rate quotes online.

It’s so simple to compare insurance rate quotes online makes it a waste of time to actually drive to all the different insurance agencies. The internet has made agencies unnecessary unless your situation requires the guidance that only a licensed agent can provide. Drivers can price shop online and still use a local agent.

When comparing insurance rates, know that comparing all the rates in your area increases the chance that you will find lower pricing.

The companies shown below provide free quotes in Texas. If multiple providers are shown, it’s highly recommended you get prices from several of them in order to get a fair rate comparison.

Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Rates do not factor in specific location information which can influence auto insurance rates considerably.

Higher deductibles lower rates

When shopping for auto insurance, a common question is where to set your physical damage deductibles. The following tables can help you understand the rate fluctuation when you buy lower versus higher comp and collision deductibles. The first rate quote example uses a $100 deductible and the second rate chart uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Rate quotes do not factor in specific garaging location which can revise prices noticeably.

Based on this data, using a $100 deductible could cost the average driver approximately $32 more each month or $384 a year than opting for the higher $500 deductible. Due to the fact that you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at least 13 months between claim filings, you would probably come out ahead if you choose a higher deductible.

One important caveat is that increasing deductibles to save money results in a higher out-of-pocket expense at claim time. You must have some extra funds in order to pay the higher deductible in order to repair your vehicle.

Lower rates by qualifying for discounts

Companies offering auto insurance don’t list every possible discount very clearly, so the list below contains a few of the more common and also the more inconspicuous discounts that may be available.

• Good Student – Getting good grades may save you up to 25%. Earning this discount can benefit you well after school through age 25.
• Discounts for Multiple Vehicles – Insuring several vehicles on the same car insurance policy could earn a price break for each car.
• Include Life Insurance and Save – Select companies reward you with a small discount if you purchase a life policy as well.
• Passive Restraints – Cars that have air bags and/or automatic seat belt systems may qualify for discounts of 20% or more.
• Safety Course Discount – Taking time to complete a class that teaches driver safety techniques could cut 5% off your bill depending on where you live.
• E-sign Discounts – Certain larger companies will discount your bill up to fifty bucks for buying your policy on your computer.
• Discount for Low Mileage – Low annual miles could earn substantially lower rates.

A little note about advertised discounts, most credits do not apply to the entire cost. Most only apply to individual premiums such as liability and collision coverage. Even though it appears you would end up receiving a 100% discount, companies don’t profit that way.

Auto insurance companies who might offer these money-saving discounts include:

• State Farm
• Farmers Insurance
• Progressive
• GEICO
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

Before purchasing a policy, check with every insurance company to give you their best rates. Discounts might not be offered in every state. To see companies who offer car insurance discounts in Austin, click here.

Can’t I compare rates from local Austin auto insurance agents?

A lot of people still like to talk to an insurance agent and that is a personal choice. A good thing about comparing auto insurance online is you may find the lowest rates but also keep your business local. And buying from local insurance agents is especially important in Austin.

Once you complete this form (opens in new window), your insurance data gets sent to local insurance agents who want to provide quotes for your business. It’s much easier because you don’t need to drive around as quotes are delivered to the email address you provide. You can most likely find cheaper rates AND a local agent. If you have a need to quote rates for a specific company, you can always find their quoting web page and fill out the quote form the provide.

Below is a short list of car insurance companies in Austin that can give you price quotes for Ford Fusion Hybrid insurance in Austin.

View more agents

Deciding on a insurer is decision based upon more than just a cheap price. Get answers to these questions too.

• Does the agency support the community they serve?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Are they primarily personal or commercial lines agents in Austin?
• If independent agents, which companies do they recommend?
• Do you qualify for any additional discounts?
• Will you get a loaner vehicle if you car is being repaired?
• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• How will an accident affect your rates?

You Can Change Your Insurance Costs

Consumers need to have an understanding of the different types of things that help calculate the level of your policy premiums. If you have a feel for what impacts premium levels, this allows you to make educated decisions that will entitle you to lower rates.

The factors shown below are some of the major factors companies use to determine prices.

• How do annual miles impact rates? – Driving more miles each year the more you’ll pay to insure it. Most companies apply a rate based upon how you use the vehicle. Cars and trucks that have low annual miles can get a lower rate than cars that get driven a lot. Double check that your insurance policy shows the correct driver usage. An improperly rated Fusion Hybrid can cost quite a bit.
• Deter theft and pay less – Driving a car with advanced anti-theft systems can help lower your rates. Advanced theft deterrents like vehicle immobilizer systems, OnStar, and tracking devices like LoJack help track and prevent your car from being stolen.
• Getting married can lower costs – Being married can get you a discount when shopping for insurance. Marriage may mean you are more mature and responsible it has been statistically shown that married drivers tend to have fewer serious accidents.
• Vehicles with better crash test results save money – Vehicles that have high safety ratings tend to be cheaper to insure. Vehicles built for safety reduce injuries and fewer serious injuries translates into savings for insurance companies which can result in lower premiums.
• Ford Fusion Hybrid insurance claim data – Car insurance companies study historical loss data to determine a price that will be profitable for them. Vehicles that the data determines to have high amounts or severity of claims will cost more to insure. The table shown below demonstrates the insurance loss data for Ford Fusion Hybrid vehicles.

  For each type of coverage, the claim amount for all vehicles averaged together is considered to be 100. Numbers that are below 100 suggest losses that are better than average, while values that are 100 or greater point to more frequent losses or a tendency for losses to be larger than average.

  Ford Fusion Hybrid Insurance Loss Statistics

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Ford Fusion Hybrid	125	97	98	92	93	95

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

Three reasons to insure your Fusion Hybrid

Even though it can be expensive, insuring your vehicle may be required and benefits you in several ways.

• The majority of states have mandatory insurance requirements which means the state requires a minimum amount of liability coverage in order to get the vehicle licensed. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your vehicle has a loan, more than likely the lender will have a requirement that you have physical damage coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the bank may buy a policy for your Ford for a much higher rate and force you to reimburse them the higher premium.
• Insurance preserves not only your vehicle but also your financial assets. It will also reimburse you for many types of medical costs that are the result of an accident. As part of your policy, liability insurance will also pay for a defense attorney if someone files suit against you as the result of an accident. If you have damage to your Ford as the result of the weather or an accident, your insurance policy will pay to restore your vehicle to like-new condition.

The benefits of carrying enough insurance are without a doubt worth the cost, particularly for liability claims. But the average American driver is wasting up to $850 per year so you should quote and compare rates at least once a year to ensure rates are inline.

Keep this in mind when shopping around

You just learned quite a bit of information on how to lower your Ford Fusion Hybrid insurance car insurance rates in Austin. The key concept to understand is the more price quotes you have, the higher your chance of finding the cheapest Ford Fusion Hybrid rate quotes. Consumers could even find that the lowest car insurance rates come from a lesser-known regional company. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as State Farm or Progressive.

Some companies do not offer online price quotes and these smaller companies sell through local independent agents. Discount Ford Fusion Hybrid insurance is definitely available from both online companies and from local insurance agents, and you need to price shop both so you have a total pricing picture.

When you buy Austin auto insurance online, do not skimp on critical coverages to save a buck or two. There have been many situations where an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase a proper amount of coverage for the lowest price, but do not sacrifice coverage to save money.

Additional resources

• Understanding Rental Car Insurance (Insurance Information Institute)
• What Insurance is Cheapest for a Toyota RAV4 in Austin? (FAQ)
• Who Has the Cheapest Austin Auto Insurance Quotes for High Mileage Drivers? (FAQ)
• Who Has Cheap Car Insurance Rates for Single Moms in Austin? (FAQ)
• Who Has the Cheapest Car Insurance for Government Employees in Austin? (FAQ)
• Bodily Injury Coverage (Liberty Mutual)
• Distracted Driving Statistics (Insurance Information Institute)