Best Ford Edge Insurance in Riverside

Discount Ford Edge insuranceIf your goal is the lowest price, then the best way to find affordable quotes for auto insurance rates is to regularly compare price quotes from companies in Riverside.

First, read and learn about how companies price auto insurance and the factors you can control to keep rates in check. Many policy risk factors that result in higher prices such as accidents, careless driving, and an unacceptable credit rating can be amended by making minor driving habit or lifestyle changes.

Second, compare prices from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive or State Farm, while independent agencies can provide price quotes from multiple companies.

Third, compare the new rates to your existing policy and determine if there is any savings. If you find a lower rate quote, make sure the effective date of the new policy is the same as the expiration date of the old one.

One key aspect when comparing rates is to compare identical limits and deductibles on each quote and and to get quotes from as many different insurance providers as possible. This enables an accurate price comparison and plenty of rates choose from.

Unbelievably, the majority of drivers have been with the same company for at least the last four years, and almost 40% of drivers have never quoted insurance rates at all. The average driver in America can save $850 each year, but they just feel it’s too hard to compare rates and save money.

Most companies such as Allstate, GEICO and Progressive make it easy to get coverage price quotes from their websites. Comparing prices online for Ford Edge insurance in Riverside is easy for anyone because you just enter your personal and coverage information into the form. After you submit the form their system orders credit information and your driving record and generates a price based on these factors.

This makes it easy to compare insurance prices and it’s very important to have as many quotes as possible if you want to find cheap prices.

In order to find out if lower rates are available, visit the companies below or click here to submit a quote request to multiple companies at once. To compare your current rates, we recommend you copy coverages and limits as close as possible to your current policy. This ensures you will have an apples-to-apples comparison using the same coverage and limits.

The providers in the list below have been selected to offer quotes in Riverside, CA. If the list has multiple companies, we suggest you visit two to three different companies in order to find the most affordable rates.

Three good reasons to insure your Edge

Despite the high cost of buying insurance for a Ford Edge in Riverside, insuring your vehicle is required for several reasons.

First, just about all states have minimum mandated liability insurance limits which means the state requires specific minimum amounts of liability protection in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if you have a loan on your Edge, it’s most likely the lender will force you to have comprehensive coverage to guarantee payment of the loan. If you do not keep the policy in force, the bank or lender will purchase a policy for your Ford at an extremely high rate and force you to reimburse them a much higher amount than you were paying before.

Third, insurance protects both your vehicle and your personal assets. It also can pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, will also pay to defend you if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, your insurance policy will pay to have it repaired.

The benefits of carrying enough insurance more than offset the price you pay, especially with large liability claims. Despite what companies tell you, the average driver is overpaying over $825 a year so compare rates each time the policy renews to be sure current rates are still competitive.

Car insurance statistics for a Ford Edge

The premium table displayed below highlights different insurance costs for Ford Edge models. Being able to understand how insurance policy rates are established can benefit drivers when making smart choices when comparing insurance quotes.

Ford Edge Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $168 $274 $456 $26 $136 $1,060 $88
Edge SE AWD $168 $332 $456 $26 $136 $1,118 $93
Edge SEL 2WD $168 $332 $456 $26 $136 $1,118 $93
Edge Limited 2WD $168 $332 $456 $26 $136 $1,118 $93
Edge SEL AWD $168 $332 $456 $26 $136 $1,118 $93
Edge Limited AWD $192 $392 $456 $26 $136 $1,202 $100
Edge Sport 2WD $192 $392 $456 $26 $136 $1,202 $100
Edge Sport AWD $192 $392 $456 $26 $136 $1,202 $100
Get Your Own Custom Quote Go

Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Information does not factor in specific location information which can modify auto insurance rates considerably.

Analysis of deductible levels

One frequently asked question is what deductibles to buy. The tables below lay out the cost difference when you choose different coverage deductibles. The first rate table uses a $250 comprehensive and collision deductible and the second rate table uses a $500 deductible.

Ford Edge insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $298 $472 $442 $26 $132 $1,395 $116
Edge SE AWD $298 $576 $442 $26 $132 $1,499 $125
Edge SEL 2WD $298 $576 $442 $26 $132 $1,499 $125
Edge Limited 2WD $298 $576 $442 $26 $132 $1,499 $125
Edge SEL AWD $298 $576 $442 $26 $132 $1,499 $125
Edge Limited AWD $342 $678 $442 $26 $132 $1,645 $137
Edge Sport 2WD $342 $678 $442 $26 $132 $1,645 $137
Edge Sport AWD $342 $678 $442 $26 $132 $1,645 $137
Get Your Own Custom Quote Go

Ford Edge insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $242 $382 $442 $26 $132 $1,224 $102
Edge SE AWD $242 $464 $442 $26 $132 $1,306 $109
Edge SEL 2WD $242 $464 $442 $26 $132 $1,306 $109
Edge Limited 2WD $242 $464 $442 $26 $132 $1,306 $109
Edge SEL AWD $242 $464 $442 $26 $132 $1,306 $109
Edge Limited AWD $278 $546 $442 $26 $132 $1,424 $119
Edge Sport 2WD $278 $546 $442 $26 $132 $1,424 $119
Edge Sport AWD $278 $546 $442 $26 $132 $1,424 $119
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Estimates do not factor in specific zip code location which can impact coverage rates greatly.

Using the data above, we can ascertain that using a $250 deductible costs about $16 more each month or $192 a year averaged for all Edge models than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally average at least 16 months between claims, you would save more money if you choose the higher deductible.

Calculate deductible break even point

Average monthly premium for $250 deductibles: $128
Average monthly premium for $500 deductibles (subtract): – $112
Monthly savings from raising deductible: $16
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $16
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

An important thing to remember is that raising deductibles to save money results in more money out-of-pocket when you have a claim. That will force you to have enough money in the bank in the event you need to pay the deductible to have repairs made.

The diagram below illustrates how choosing a deductible and can impact Ford Edge premium costs for each age group. The premiums are based on a single male driver, comp and collision included, and no other discounts are factored in.

Full coverage or liability only

The chart below compares Ford Edge premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rates are based on no accidents, no driving violations, $100 deductibles, drivers are single, and no other discounts are factored in.

Guidelines for eliminating full coverage

There is no exact formula to delete comp and collision coverage, but there is a general convention. If the yearly cost for physical damage coverage is more than 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.

For example, let’s say your Ford Edge replacement cost is $8,000 and you have $1,000 deductibles. If your vehicle is severely damaged, you would only receive $7,000 after the deductible is paid. If premiums are more than $700 a year to have full coverage, then you might want to think about dropping full coverage.

There are some conditions where only buying liability is not advised. If you haven’t satisfied your loan, you are required to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not consider dropping full coverage.

Insurance policy discounts you can’t miss

Car insurance companies don’t always list every discount very well, so the list below gives a summary of some of the best known in addition to some of the lesser obvious credits that may apply to you.Insurance discounts

While discounts sound great, it’s important to understand that some of the credits will not apply to the whole policy. Most only reduce the cost of specific coverages such as comp or med pay. Despite the appearance that all those discounts means the company will pay you, companies wouldn’t make money that way.

The illustration below illustrates the comparison of Ford Edge premium costs with and without discounts applied to the premium. The data is based on a male driver, no accidents, no driving violations, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-car, homeowner, marriage, and multi-policy discounts applied.

For a list of companies that offer some of these discounts in Riverside, follow this link.

Can’t I compare rates from local Riverside insurance agents?

A small number of people still like to visit with an insurance agent and there is nothing wrong with that. Experienced insurance agents can make sure you are properly covered and help submit paperwork. The best thing about comparing rate quotes online is that drivers can save money and get the best rates but also keep your business local.

Find insurance agent in RiversideTo help locate an agent, after submitting this form (opens in new window), the quote information is sent to local insurance agents that can give you free Riverside auto insurance quotes to get your business. It’s much easier because you don’t need to search for any insurance agencies because prices are sent to your email. In the event you want to get a price quote from a specific company, don’t hesitate to find their quoting web page to submit a rate quote request.

Picking an insurance company shouldn’t rely on just a cheap price. These are valid questions to ask:

The following is a list of auto insurance companies in Riverside that can give you price quote information for Ford Edge insurance in Riverside.

More insurance agents

Cheap car insurance prices are available

People change insurance companies for a variety of reasons including an unsatisfactory settlement offer, denial of a claim, poor customer service and extreme rates for teen drivers. Regardless of your reason, choosing a new company is easier than you think.

More affordable car insurance in Riverside can be sourced from both online companies and from local agencies, so you need to quote Riverside auto insurance with both in order to have the best chance of saving money. Some insurance providers do not offer rate quotes online and most of the time these smaller providers prefer to sell through independent agents.

Throughout this article, we presented many tips how you can save on Ford Edge insurance in Riverside. The key thing to remember is the more quotes you get, the higher your chance of finding affordable Ford Edge insurance quotes. You may even discover the lowest priced car insurance comes from an unexpected company.

Much more information about car insurance in California can be found at the links below