Having to pay for expensive auto insurance in Riverside can dry up your personal savings and force you to make tough financial choices.
It’s safe to conclude that car insurance companies want to keep you from comparing prices. Drivers who get price quotes annually are inclined to buy a different policy because there are good odds of finding a lower rate. Remarkably, a study showed that drivers who compared price quotes annually saved on average $865 annually compared to those who never shopped around.
If finding the lowest rates on insurance is why you’re reading this, then learning a little about how to choose a company and compare coverage rates can make it easier for you to save money. Many auto insurance companies compete for your business, and it can be difficult to compare rates to discover the definitive lowest rate on Ford Fusion Hybrid insurance in Riverside.
Auto insurance quotes and discounts
Companies that sell car insurance don’t always publicize all discounts in a way that’s easy to find, so we break down a few of the more common and the more hidden credits that you can use to lower your rates.
- Multi-car Discount – Buying a policy with multiple cars with the same company can get a discount on all vehicles.
- Student in College – Older children who are attending college and leave their car at home may be insured at a cheaper rate.
- Federal Government Employee – Employees or retirees of the government may qualify for a discount when you quote Riverside car insurance with select insurance companies.
- Discounts for New Vehicles – Buying a new car model can be considerably cheaper since newer vehicles are generally safer.
- Military Rewards – Having an actively deployed family member could qualify you for better auto insurance rates.
- Theft Deterrent – Cars and trucks equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and can earn a small discount on your policy.
Don’t be surprised that most discount credits are not given to the overall cost of the policy. A few only apply to individual premiums such as liability and collision coverage. Even though the math looks like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.
The chart below compares Ford Fusion Hybrid annual premium costs with and without discounts being applied to the rates. The rates are based on a male driver, no tickets, no at-fault accidents, California state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, claim-free, multi-policy, and multi-car discounts applied.
If you would like to see a list of insurers that offer the discounts shown above in California, click here to view.
The companies shown below can provide price comparisons in Riverside, CA. If more than one company is shown, it’s highly recommended you get rates from several of them to get the best price comparison.
Coverage information
The information shown next covers estimates of insurance premium costs for Ford Fusion Hybrid models. Knowing how insurance policy rates are calculated can help you make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $332 | $764 | $624 | $36 | $186 | $1,942 | $162 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Estimates do not factor in vehicle location which can influence premium rates substantially.
Physical damage deductible comparison
One common question asked by Riverside drivers is which deductible level should you buy. The following tables highlight the difference in cost between high and low coverage deductibles. The first table uses a $100 deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $430 | $932 | $552 | $32 | $166 | $2,137 | $178 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $238 | $490 | $552 | $32 | $166 | $1,478 | $123 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Price information does not factor in the specific area where the vehicle is garaged which can decrease or increase coverage prices greatly.
Based on the data above, we can derive that using a $100 deductible costs approximately $55 more each month or $660 every year than opting for the higher $1,000 deductible. Since you would pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 16 months between claim filings, you would save money going with the higher deductible.
How to determine if raising deductibles makes sense
| Average monthly premium for $100 deductibles: | $178 |
| Average monthly premium for $1,000 deductibles (subtract): | – $123 |
| Monthly savings from raising deductible: | $55 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $55 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 16 months |
An important sidenote is that raising deductibles means you will have to pay more out-of-pocket when you do file a claim. You need to make sure you have enough extra savings in the event you have to pay the higher deductible in order to repair your vehicle.
Responsible drivers pay cheaper insurance rates
The diagram below shows how violations and at-fault claims raise Ford Fusion Hybrid insurance costs for different categories of driver ages. The costs are based on a married male driver, full coverage, $500 deductibles, and no policy discounts are applied.
When do I need an agent’s advice?
When buying coverage for your personal vehicles, there really is not a “best” method to buy coverage. Each situation is unique.
Here are some questions about coverages that can help discover whether or not you will benefit from professional help.
- Do I need PIP coverage since I have good health insurance?
- What companies insure drivers after a DUI or DWI?
- Does coverage follow the driver or the vehicle?
- Who sells insurance for high-risk drivers?
- Am I covered if I drive in a foreign country?
- Why am I required to get a high-risk car insurance policy?
- Are rock chip repairs covered?
If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form. It is quick, free and you can get the answers you need.
Local insurance agents
Many drivers still like to talk to a local agent and that is recommended in a lot of cases Insurance agents are trained to spot inefficiencies and help in the event of a claim. One of the benefits of price shopping on the web is you can get cheap car insurance rates and still have an agent to talk to. Buying from and supporting local agents is especially important in Riverside.
Once you complete this form (opens in new window), the quote information is immediately sent to local insurance agents in Riverside that can provide free Riverside car insurance quotes and help you find cheaper coverage. It makes it easy because there is no need to even leave your home since price quotes are sent to the email address you provide. If you wish to quote rates from one company in particular, don’t hesitate to find their quoting web page and fill out the quote form the provide.
Finding a good provider should depend on more than just the bottom line cost. Any agent in Riverside should have no problem answering these questions:
- How are they compensated?
- If independent agents, which companies do they recommend?
- Can they help ensure a fair claim settlement?
- In the event of vehicle damage, can you pick the collision repair facility?
- Is the agency covered by Errors and Omissions coverage?
More comparisons equals cheap rates
Cost effective Ford Fusion Hybrid insurance can be found on the web in addition to local insurance agencies, so get free Riverside car insurance quotes from both of them so you have a total pricing picture. Some insurance companies don’t offer the ability to get quotes online and many times these small insurance companies only sell coverage through independent agencies.
We’ve covered quite a bit of information on how to find affordable Ford Fusion Hybrid insurance in Riverside. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your premium rates. Drivers may even discover the lowest car insurance rates are with the smaller companies.
Consumers leave their current company for a number of reasons such as unfair underwriting practices, not issuing a premium refund, high rates after DUI convictions and even poor customer service. It doesn’t matter why you want to switch finding a new company is pretty easy and you might even save some money in the process.
Steps to finding affordable quotes for Ford Fusion Hybrid insurance in Riverside
If you want to save the most money, the best way to get affordable Ford Fusion Hybrid insurance is to regularly compare price quotes from insurers who can sell car insurance in Riverside. Rate comparisons can be done by completing these steps.
- Try to learn about individual coverages and the measures you can control to lower rates. Many things that cause rate increases such as accidents, traffic violations, and a bad credit rating can be rectified by making minor changes to your lifestyle.
- Get rate quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from one company like GEICO or Allstate, while agents who are independent can provide rate quotes from multiple sources.
- Compare the new quotes to the price on your current policy and see if you can save money. If you find better rates and buy the policy, ensure coverage does not lapse between policies.
- Give notification to your agent or company of your intent to cancel your current auto insurance policy and submit the required down payment along with the signed application to your new insurance company. As soon as you receive it, keep your new certificate verifying coverage along with your vehicle registration.
A good tip to remember is to make sure you enter the same amount of coverage on each price quote and and to get rates from as many companies as possible. Doing this guarantees a fair rate comparison and the most accurate and complete price analysis.
To read more, feel free to browse the resources below:
- Understanding Limits and Deductibles (Allstate)
- How Much are Car Insurance Rates for Low Credit Scores in Riverside? (FAQ)
- How Much are Car Insurance Rates for a Nissan Altima in Riverside? (FAQ)
- Who Has Affordable Auto Insurance Rates for Single Moms in Riverside? (FAQ)
- Who Has Cheap Riverside Car Insurance Quotes for Teenagers? (FAQ)
- Who Has Cheap Riverside Car Insurance for a Chevrolet Equinox? (FAQ)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- All About Airbag Safety (State Farm)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)