Car Insurance Rate Quotes for a Ford Flex in Greensboro

Truthfully, the best way to get affordable auto insurance rates in Greensboro is to start doing a yearly price comparison from insurers who sell auto insurance in North Carolina.

• Step 1: Try to learn about the different coverages in a policy and the modifications you can make to prevent high rates. Many rating criteria that result in higher prices such as traffic violations and an imperfect credit history can be amended by making lifestyle changes or driving safer.
• Step 2: Compare rates from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive or Allstate, while independent agents can quote rates for a wide range of companies. Select a company
• Step 3: Compare the new rates to your current policy premium and determine if there is any savings. If you find a lower rate quote and decide to switch, make sure there is no coverage gap between policies.
• Step 4: Provide proper notification to your current company of your decision to cancel your current auto insurance policy and submit a signed application and payment for the new policy. Once the paperwork is finalized, keep the new proof of insurance paperwork in your glove compartment.

A valuable tip to remember is that you’ll want to make sure you compare the same level of coverage on each price quote and and to get price quotes from as many car insurance companies as possible. Doing this helps ensure a fair price comparison and a thorough selection of prices.

It’s hard to fathom, but over 70% of consumers have purchased from the same company for at least the last four years, and nearly the majority have never shopped around. North Carolina drivers could cut their rates by roughly $90 a year just by getting comparison quotes, but they don’t believe the large savings they would see if they just switched companies.

The Ford Flex Insurance Rate Equation

The best way to find cheaper insurance is to take a look at some of the things that play a part in calculating the level of your policy premiums. If you have a feel for what positively or negatively impacts your premiums, this empowers consumers to make smart changes that can earn you much lower annual insurance costs.

The list below includes a partial list of the pieces utilized by car insurance companies to help set rates.

Raising deductibles lowers prices – Coverage for physical damage, also known as collision and other-than-collision, covers damage that occurs to your Ford. Some examples of covered claims could be a broken windshield, vandalism, and damage caused by flying debris. Physical damage deductibles define how much you are required to pay before a claim is paid by your company. The more you choose to pay out-of-pocket, the less your insurance will be.

Better rates with anti-theft devices – Choosing to buy a car with a theft deterrent system can help bring down rates. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent vehicle theft.

Certain vocations pay higher rates – Do you have a high-stress occupation? Careers such as military generals, police officers, and medical professionals have higher rates than the rest of us due to intense work-related stress and extremely grueling work hours. On the other hand, occupations such as scientists, engineers and performers generally pay rates lower than average.

Extra coverages can add up – Insurance policies have a lot of extra bells and whistles that can add up if you don’t pay attention. Coverage for things like coverage for rental cars, towing coverage, and extra equipment coverage could be just wasting money. They may seem like a good idea initially, but now you might not need them so consider taking them off your policy.

Traffic violations can increase costs – Having a single ticket can increase the cost of insurance substantially. Drivers who don’t get tickets pay lower auto insurance prices as compared to those with violations. Drivers with careless citations such as DUI or willful reckless driving are required to submit a SR-22 form with their state’s department of motor vehicles in order to prevent a license revocation.

The illustration below shows how speeding tickets and at-fault collisions raise Ford Flex insurance costs for different age groups of insureds. The data assumes a single female driver, comp and collision included, $250 deductibles, and no policy discounts are applied.

How your age affects prices – Youthful drivers in North Carolina have been known to be more careless behind the wheel therefore insurance rates are much higher. Mature drivers have been proven to be more responsible, cost insurance companies less in claims, and are generally more financially stable.

The data below assumes a single driver, full coverage with $500 deductibles, and no discounts or violations.

Get hitched and get better rates – Being married may earn you lower rates when shopping for insurance. It generally demonstrates drivers are more stable financially and statistics show married couples file fewer claims.

Does auto insurance cost less for females? – Statistics demonstrate women tend to be less risk to insure than men. However, this does not mean females are better at driving than males. Females and males cause at-fault accidents at about the same rate, but the male of the species have accidents that have higher claims. Men also tend to receive more costly citations such as reckless driving.

The diagram below shows the difference between Ford Flex insurance rates for male and female drivers. The premiums assume a clean driving record, no at-fault accidents, full physical damage coverage, $100 deductibles, marital status is single, and no discounts are applied.

Ford Flex insurance loss probability – Car insurance companies analyze historical claim data to calculate a price that will offset any claims. Models that the data determines to have high amounts or severity of claims will have higher premium rates. The table below shows the actual insurance loss data for Ford Flex vehicles.

For each policy coverage, the statistical loss for all vehicles averaged together is represented as 100. Percentages below 100 are indicative of better than average losses, while percentage numbers above 100 point to more claims or an increased chance of larger losses than average.

Coverage information

The coverage information shown below covers different insurance coverage prices for Ford Flex models. Learning as much as possible about how auto insurance prices are calculated is important for drivers to make smart choices when purchasing an auto insurance policy.

Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Table data does not factor in specific zip code location which can change coverage rates considerably.

Higher deductibles lower rates

One of the hardest decisions when shopping for auto insurance is how high should your deductibles be. The comparisons below summarize the price difference between low and high comp and collision deductibles. The first data table uses a $100 physical damage deductible and the second rate chart uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price estimates do not factor in specific garaging location which can alter rates substantially.

Based on these figures, using a $100 deductible will cost you approximately $20 more each month or $240 for a full year averaged for all Flex models than buying the higher $500 deductible. Since you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you usually have more than 20 months between claim filings, you would come out ahead if you opt for a higher deductible.

The diagram below demonstrates how deductible levels and can change Ford Flex annual premium costs for each different age group. The premium estimates are based on a single female driver, full coverage, and no discounts are taken into consideration.

Ford Flex insurance discounts in Greensboro

Insuring your fleet can be pricey, but there are discounts available that could drop your premiums quite a bit. Some discounts apply automatically at quote time, but some need to be requested specifically prior to getting the savings.

• Discount for New Cars – Buying a new car instead of a used Flex can get you a discount because newer vehicles have to meet stringent safety requirements.
• Own a Home – Owning your own home or condo may earn you a small savings since owning and maintaining a home is proof that your finances are in order.
• Professional Organizations – Being a member of qualifying clubs or civic groups is a good way to get lower rates when shopping for insurance.
• Theft Prevention Discount – Vehicles that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
• Driving Data Discount – Insureds that choose to allow driving data submission to analyze when and where they use their vehicle by installing a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates if they show good driving skills.
• 55 and Retired – Drivers over the age of 55 may be able to get better insurance rates.
• Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts may earn rate discounts as much as 30%.
• Government Employee Discount – Federal government employees may reduce rates when you quote Greensboro auto insurance but check with your company.
• Lower Rates for Military – Being on active duty in the military could qualify you for better insurance rates.
• Policy Bundle Discount – If you combine your auto and homeowners policies and insure them both with the same insurance company you may earn at least 10% off all policies.

Keep in mind that most discount credits are not given to the overall cost of the policy. Most only apply to the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like you would end up receiving a 100% discount, nobody gets a free ride.

The diagram below visualizes the comparison of Ford Flex insurance premiums with and without some available policy discounts. The information is based on a male driver, no violations or accidents, North Carolina state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-car, multi-policy, marriage, and safe-driver discounts applied.

To see providers with the best discounts in Greensboro, follow this link.

One last note

Low-cost Ford Flex insurance in Greensboro can be found both online in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best price selection to choose from. Some auto insurance companies do not offer rates over the internet and these regional insurance providers work with local independent agents.

Throughout this article, we presented many tips how you can lower your Ford Flex insurance premium rates in Greensboro. The key concept to understand is the more rate quotes you have, the higher your chance of finding inexpensive Greensboro auto insurance quotes. Consumers could even find that the lowest priced auto insurance comes from a lesser-known regional company. They may only write in your state and offer lower prices than the large multi-state companies such as State Farm, GEICO and Nationwide.

When shopping online for auto insurance, never sacrifice coverage to reduce premiums. In many instances, someone sacrificed comprehensive coverage or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy the best coverage you can find at an affordable rate while still protecting your assets.

Helpful articles

• Auto Insurance for Teen Drivers (Insurance Information Institute)
• Who Has Cheap Auto Insurance Quotes for Low Credit Scores in Greensboro? (FAQ)
• Who Has Affordable Car Insurance for a Honda Accord in Greensboro? (FAQ)
• Learn About Car Insurance (GEICO)
• What Does No-Fault Insurance Cover? (Allstate)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)