Save Money on Ford Edge Insurance in Boston

The preferred way to find cheaper auto insurance rates in Boston is to regularly compare quotes from insurance carriers who provide car insurance in Massachusetts. Rates can be compared by completing these steps.

• First, read about what coverages are included in your policy and the modifications you can make to keep rates low. Many policy risk factors that drive up the price like multiple speeding tickets and a not-so-good credit history can be eliminated by improving your driving habits or financial responsibility. Read the full article for instructions to prevent rate hikes and get additional discounts.
• Second, compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like GEICO or Allstate, while agents who are independent can quote prices for a wide range of insurance providers.
• Third, compare the price quotes to your existing rates to see if switching to a new carrier will save money. If you can save some money and change companies, make sure there is no coverage gap between policies.
• Fourth, notify your company or agent of your intent to cancel your current auto insurance policy and submit the required down payment along with the signed application to your new carrier. Once coverage is bound, keep the new certificate verifying proof of insurance in your vehicle.

The key thing to remember is that you use the same deductibles and limits on each quote and and to get price quotes from as many car insurance companies as possible. Doing this enables an accurate price comparison and a complete rate analysis.

Amazingly, a recent NerdWallet.com study showed that the majority of drivers have been with the same company for four years or more, and nearly half have never quoted rates to find affordable coverage. Boston consumers could pocket approximately $600 a year by just shopping around, but they just don’t understand the amount of savings they would get if they just switched companies.

It’s important to know that comparing all the rates in your area will improve the odds of getting the best offered rates. Not every company does online rate quotes, so it’s important to also get prices from them, too.

The companies in the list below provide quotes in Massachusetts. If you want the best car insurance in Boston, MA, it’s a good idea that you visit as many as you can to get a more complete price comparison.

Insurance coverage details

The information below showcases different insurance prices for Ford Edge models. Being aware of how car insurance prices are calculated can help customers make smart choices when buying a car insurance policy.

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Rate information does not factor in vehicle location which can decrease or increase prices considerably.

Comparison of policy deductibles

The hardest decision when buying coverage is what deductibles to buy. The following tables may aid in understanding how much more rates are when you select higher and lower physical damage deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second rate table uses a $500 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Estimates do not factor in garaging location in Boston which can revise prices noticeably.

Based on this data, using a $250 deductible will cost you approximately $14 more each month or $168 each year than quoting the higher $500 deductible. Because you would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to go more than 18 months between claim filings, you would more than likely save some money if you opt for a higher deductible.

Insurance premiums based on gender

The chart below visualizes the comparison of Ford Edge car insurance rates for male and female drivers. The premiums are based on no claims or driving citations, full coverage, $250 deductibles, drivers are single, and no discounts are taken into consideration.

Insurance just makes sense

Despite the high cost of buying insurance for a Ford Edge in Boston, insurance is required for several reasons.

• Most states have mandatory insurance requirements which means you are required to buy a minimum amount of liability in order to drive the car. In Massachusetts these limits are 20/40/5 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you bought your vehicle with a loan, it’s most likely the lender will make it mandatory that you buy full coverage to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the bank may insure your Ford for a lot more money and force you to reimburse them a much higher amount than you were paying before.
• Insurance protects both your assets and your Ford Edge. It will also cover medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you cause an accident and are sued. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of insuring your Edge are definitely more than the cost, particularly when you have a large claim. Today the average American driver is wasting up to $800 each year so shop around at every renewal to help ensure money is not being wasted.

Informed Drivers Can Lower Insurance Rates

Part of the car insurance buying process is learning the different types of things that play a part in calculating car insurance rates. If you have a feel for what positively or negatively impacts your premiums, this helps enable you to make changes that will entitle you to cheaper rates. Many different elements are used when you quote your car insurance policy. Some of the criteria are obvious such as your driving history, but others are not as apparent such as your credit history or how financially stable you are.

• More traffic means higher claims – Choosing to live in small towns and rural areas has definite advantages if you are looking for the lowest rates. Lower population translates into fewer accident claims in addition to fewer liability claims. Drivers who live in large Massachusetts cities have more aggressive driving styles and more time behind the wheel. More time on the road can result in more accidents.
• Do safer cars cost less to insure? – Cars with high safety ratings get lower rates. Vehicles built for safety reduce injuries and fewer injuries means less money paid by your insurance company and cheaper rates on your policy. If the Ford Edge has at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
• You might want pay the small claims yourself – Insurance companies in Massachusetts give lower rates to drivers who are claim-free. If you are the type of insured that files lots of claims you can look forward to higher premiums or even policy non-renewal. Auto insurance is designed for major claims that would cause financial hardship.
• Liability protection limits on your policy – The liability coverage on your policy will provide protection if ever you are found liable for damages from an accident. Your liability coverage provides legal defense coverage to defend your case. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.
• Getting married reduces risk – Getting married may earn you lower rates on car insurance. Having a significant other usually means you are more responsible and it’s statistically proven that drivers who are married are more cautious.
• Cheaper rates by bundling – Lots of car insurance companies allow better rates to clients who buy several policies from them such as combining an auto and homeowners policy. The amount of the discounts can be five, ten or even twenty percent. Even with this discount, you still need to check prices from other companies to help ensure you have the lowest rates.
• Increase coverage deductibles to save – Comp and collision deductibles are the amount of money you are willing to pay in the event of a claim. Physical damage protection, also called comprehensive and collision insurance, covers damage that occurs to your car. A few examples of covered claims are a windshield broken by a bird, damage from fire, or theft of your vehicle. The more of the claim you are required to pay out-of-pocket, the less money you will pay for car insurance.

• Ford Edge insurance loss statistics – Insurers analyze past claim statistics when they calculate premium costs for each model. Vehicles that tend to have higher claim frequency or loss amount will cost more for specific coverages.

  The information below illustrates the historical loss data for Ford Edge vehicles. For each policy coverage, the statistical loss for all vehicles as a whole equals 100. Numbers shown that are under 100 imply a favorable loss record, while values that are above 100 point to more losses or statistically larger losses.

  
  

  Ford Edge Insurance Loss Statistics

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Ford Edge 4dr 2WD	53		93
  Ford Edge 4dr 4WD	71		108	75

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics from IIHS.org for 2013-2015 Model Years

When in doubt talk to an agent

When selecting the right insurance coverage, there really is not a best way to insure your cars. Every situation is different and your policy should reflect that.
For example, these questions may help you determine if your insurance needs could use an agent’s help.

• Is motorclub coverage worth it?
• What is the difference between comprehensive and collision coverage?
• Is my Ford Edge covered for smoke damage?
• Do I need PIP (personal injury protection) coverage in Massachusetts?
• Should I put collision coverage on all my vehicles?
• What if a claim settlement is too low?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Cheaper auto insurance is a realistic goal

Affordable Ford Edge insurance in Boston is possible both online and with local Boston insurance agents, and you should compare rates from both to get a complete price analysis. A few companies do not offer the ability to get a quote online and many times these small insurance companies provide coverage only through independent agents.

When you buy Boston car insurance online, do not sacrifice coverage to reduce premiums. Too many times, an accident victim reduced uninsured motorist or liability limits to discover at claim time that the small savings ended up costing them much more. The ultimate goal is to get the best coverage possible at the best cost, but don’t skip important coverages to save money.

We just covered some good ideas how you can find cheap Ford Edge insurance in Boston. The key concept to understand is the more you quote Boston car insurance, the higher the chance of saving money. Drivers may even discover the best car insurance rates are with some of the smallest insurance companies. They may only write in your state and offer lower premium rates as compared to the big name companies such as Progressive and GEICO.

Much more information about auto insurance in Massachusetts is available on the following sites:

• Five Mistakes to Avoid (Insurance Information Institute)
• Who Has Cheap Boston Auto Insurance for 19 Year Olds? (FAQ)
• Liability Insurance Coverage (Nationwide)
• Teen Driving and Texting (State Farm)
• Think You’re a Safe Driver? (State Farm)