Are you irritated from sacrificing other expenses to buy car insurance? You are no different than the majority of other consumers in Florida.

Insurance rates Ford Escape in MiamiUnfortunately, nearly 70% of drivers have remained with the same car insurance company for at least the last four years, and nearly half have never shopped around. Miami drivers could save an average of roughly 55% each year by just comparing quotes, but they feel it's too difficult to compare rate quotes.

Companies like State Farm, Farmers Insurance, GEICO and Allstate persitently shower you with ad campaigns and consumers find it hard to sift through the bull and take the time to shop coverage around.

Consumers need to compare rates periodically because car insurance rates change regularly. Just because you found the lowest premium rates on Ford Escape insurance in Miami last year there is a good chance you can find better prices now. Forget all the misinformation about car insurance because you're going to get a crash course in the quickest way to properly buy coverages and cut your premium.

If you currently have insurance, you should be able to get lower rates using the ideas you're about to read. Locating the most cost-effective insurance policy in Miami is actually very simple if you learn how to start. But Florida car owners need to have an understanding of the way insurance companies sell online.

Most larger insurance companies like Allstate and Progressive make it easy to get insurance quotes on their websites. Getting online rates for Ford Escape insurance in Miami is possible for anyone because you just enter your coverage information as requested by the quote form. Once entered, their system sends out for your driving record and credit report and returns pricing information based on these and other factors. Getting online quotes for Ford Escape insurance in Miami makes it a lot easier to compare rates and it's absolutely necessary to compare as many rates as possible if you want to find the lowest car insurance rates.

To find out how much you're overpaying now, compare rates now from the companies shown below. If you have coverage now, it's recommended you duplicate deductibles and limits as shown on your current policy. Doing this assures you will be getting a price comparison based on similar coverages.

The companies in the list below offer free quotes in Florida. If you want to find cheap car insurance in Florida, we suggest you visit as many as you can to find the most competitive car insurance rates.

Ford Escape Insurance Rates in Miami, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $300 $602 $460 $28 $138 $1,528 $127
Escape XLS 4WD $276 $514 $430 $26 $128 $1,374 $115
Escape XLT 2WD $276 $514 $430 $26 $128 $1,374 $115
Escape Limited 2WD $226 $352 $400 $24 $120 $1,122 $94
Escape XLT 4WD $290 $442 $478 $28 $144 $1,382 $115
Escape Limited 4WD $298 $438 $464 $28 $140 $1,368 $114
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Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in specific location information which can change premium rates significantly.

Cost of full coverage in Miami

The illustration below examines Ford Escape car insurance rates with full physical damage coverage and with liability coverage only. The information is based on no accidents, no driving violations, $500 deductibles, married female driver, and no discounts are applied.

When to drop comprehensive and collision

There is no exact rule of when to exclude full coverage, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than 10% of the vehicle's replacement cost less your deductible, then you might consider buying liability only.

For example, let's assume your Ford Escape replacement cost is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $7,000 after you pay the deductible. If you are paying over $700 a year for full coverage, then it may be the right time to buy liability only.

There are some circumstances where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan requirements. Also, if you don't have enough money to buy a different vehicle in case of an accident, you should keep full coverage on your policy.

Where to set your deductibles

One of the more difficult decisions when buying car insurance is how high should your deductibles be. The following tables sum up how much more rates are when you choose different policy deductibles. The first rate estimation uses a $100 physical damage deductible and the second rate table uses a $500 deductible.

Ford Escape insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $312 $532 $354 $20 $106 $1,349 $112
Escape XLS 4WD $312 $532 $354 $20 $106 $1,349 $112
Escape XLT 2WD $312 $532 $354 $20 $106 $1,349 $112
Escape Limited 2WD $358 $532 $354 $20 $106 $1,395 $116
Escape XLT 4WD $358 $532 $354 $20 $106 $1,395 $116
Escape Limited 4WD $358 $648 $354 $20 $106 $1,511 $126
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Ford Escape insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $228 $360 $354 $20 $106 $1,068 $89
Escape XLS 4WD $228 $360 $354 $20 $106 $1,068 $89
Escape XLT 2WD $228 $360 $354 $20 $106 $1,068 $89
Escape Limited 2WD $262 $360 $354 $20 $106 $1,102 $92
Escape XLT 4WD $262 $360 $354 $20 $106 $1,102 $92
Escape Limited 4WD $262 $438 $354 $20 $106 $1,180 $98
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in zip code location which can influence auto insurance rates considerably.

Using the premium rates above, we can conclude that using a $100 deductible costs about $24 more each month or $288 every year than quoting the higher $500 deductible. Because you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you go more than 17 months between claims, you would save money if you decide on a higher deductible.

Choosing Ford Escape insurance is an important decision

Despite the fact that insurance is not cheap in Miami, paying for insurance is required for several reasons.

The benefits of having insurance greatly outweigh the cost, especially for larger claims. According to a 2015 survey, the average American driver is wasting up to $855 a year so it's very important to do a rate comparison at every policy renewal to ensure rates are inline.

Eight factors that affect insurance premiums

The best way to find cheaper insurance is to take a look at a few of the rating criteria that are used to determine the price you pay for insurance. When consumers understand what influences your rates, this allows you to make good choices that could help you find lower insurance prices.

The list below includes some of the factors utilized by car insurance companies to help set rates.

High performance vehicles cost more to insure - The performance level of the vehicle you need insurance for makes a significant difference in your auto insurance rates. Since the Ford Escape is classified as a crossover, insuring your vehicle will cost slightly more than the average rate where you live in Miami. Small economy passenger models usually are quite affordable to insure, but the cost you end up paying is determined by many additional factors.

Cheaper insurance rates for prior coverage - Allowing your insurance policy to lapse is a fast way to bump up your insurance costs. Not only will rates go up, getting caught without coverage might get you a fine, jail time, or a revoked license.

Lower rates by increasing deductibles - Coverage for physical damage, also called 'full coverage', is used to repair damage to your vehicle. Some examples of claims that would be covered could be a windshield shattered by a rock, hail damage, or theft. Comprehensive and collision coverage deductibles are how much you are willing to pay before a claim is paid by your company. The higher the amount the insured has to pay upfront, the lower your rates will be.

Rural vs Urban Areas - Living in less populated areas of the country may provide you with better prices when shopping for auto insurance. Fewer drivers and short commutes means a lower chance of having an accident. Drivers in populated Florida areas have more auto accidents and a longer drive to work. More time behind the wheel means a statistically higher chance of an accident.

Put fewer miles on your vehicle - Driving a lot of miles every year the more you'll pay to insure your vehicle. A lot of companies calculate prices based on their usage. Cars and trucks that sit idle most of the time get more affordable rates than cars that get driven a lot. It's a good idea to make sure your insurance policy correctly shows the proper vehicle usage, because improper ratings can cost you money. Having the wrong rating on your Escape can result in significantly higher rates.

Are you male or female? - Statistics have proven that females take fewer risks when driving. This data doesn't prove that men are WORSE drivers than women. Women and men tend to get into accidents at about the same rate, but men tend to have more serious accidents. Men also tend to get more serious tickets like DWI (DUI) or reckless driving. Young males are the most expensive to insure so it costs more to insure them.

Better drivers have lower rates - How you drive influences premium rates substantially. Good drivers get better prices than people who have multiple driving citations. Having just one moving violation may increase your cost by twenty percent. Drivers who get license-revoking citations such as reckless driving or DUI may face state-mandated requirements to complete a SR-22 with the DMV in their state in order to legally drive a vehicle.

You might get higher rates if you are single - Walking down the aisle helps lower the price on your insurance policy. Having a significant other is viewed as being more stable financially and it's statistically proven that married drivers get in fewer accidents.

Ford Escape claim probability - Insurance companies take into consideration insurance loss statistics for every vehicle when setting rates for each model. Vehicles that tend to have higher number or severity of losses will cost more to insure. The table below outlines the compiled insurance loss statistics for Ford Escape vehicles.

For each policy coverage type, the claim amount for all vehicles, without regard to make or model, equals 100. Numbers under 100 suggest a better than average loss history, while numbers shown that are more than 100 indicate frequent claims or an increased likelihood of larger losses.

Ford Escape Insurance Claim Statistics

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Escape 4dr 2WD 80 91 83 94 94 92
Ford Escape 4dr 4WD 81 84 94 85 90 77

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Get cheaper Ford Escape insurance in Miami with discounts

Some insurers don't always advertise the entire discount list in an easy-to-find place, so the below list has both well-publicized in addition to some of the lesser obvious ways to save on auto insurance. If you check and find you aren't receiving every discount available, you are paying more than you should be.Cheaper auto insurance with discounts

We need to note that some of the credits will not apply to the entire cost. Most only cut the price of certain insurance coverages like comp or med pay. Despite the fact that it seems like you could get a free auto insurance policy, you're out of luck.

To see insurance companies that provide some of the discounts listed above in Florida, follow this link.

Get rate quotes but still have a local Miami insurance agency

A lot of people just prefer to buy from a local agent and that is a smart decision One of the great benefits of price shopping on the web is the fact that drivers can get the lowest rates but also keep your business local.

Upon completion of this form (opens in new window), the quote information gets sent to companies in Miami who will gladly provide quotes for your coverage. There is no reason to search for any insurance agencies since price quotes are sent directly to you. You can most likely find cheaper rates without a big time investment. If you wish to compare rates from one company in particular, don't hesitate to find their quoting web page and give them your coverage information.

Finding a good insurance company is decision based upon more than just the premium amount. Below are some questions you should ask.

If you want to use a reliable insurance agency, it's helpful to know the types of agencies that you can select. Insurance agencies in Miami are either exclusive or independent agents depending on their company appointments.

Exclusive Auto Insurance Agencies

These agents can only write with one company like Farmers Insurance, American Family, State Farm and Allstate. Exclusive agents cannot place coverage with different providers so you might not find the best rates. Exclusive agencies are trained well on their company's products which helps them compete with independent agents.

Below is a list of exclusive insurance agencies in Miami who can help you get price quote information.

5209 NW 36th St - Miami Springs, FL 33166 - (305) 887-9543 - View Map

6701 Sunset Dr #115 - South Miami, FL 33143 - (305) 661-7667 - View Map

2250 S Dixie Hwy Ste. 2 - Miami, FL 33133 - (305) 860-0616 - View Map

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Independent Auto Insurance Agencies

Agents of this type are not restricted to one company so they can quote policies with lots of companies and find the cheapest rate. If your agent finds better pricing, your agent can just switch to a different company and you won't have to switch agencies.

When comparing auto insurance prices, you need to get insurance quotes from at a minimum one independent agency in order to compare the most rates.

Below is a short list of independent insurance agents in Miami that are able to give comparison quotes.

90 SW 3rd St - Miami, FL 33130 - (239) 689-1025 - View Map

932 SW 67th Ave - Miami, FL 33144 - (305) 774-9210 - View Map

AV Insurance Agency Inc
2497 NW 79th St - Miami, FL 33147 - (305) 696-2291 - View Map

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Once you have received good feedback to any questions you may have and inexpensive Ford Escape insurance in Miami quotes, it's a good possibility that you have found an insurance agency that meets the requirements to provide auto insurance coverage. Just remember you have the power to terminate your policy when you choose so don't feel that you are obligated to any specific agency for any length of time.

Compare insurance prices regularly to save

While you're price shopping online, make sure you don't buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed collision coverage only to find out that the few dollars in savings costed them thousands. Your goal is to buy the best coverage you can find for the lowest cost.

Lower-priced insurance in Miami can be sourced on the web in addition to local insurance agencies, and you need to price shop both in order to have the best chance of saving money. A few companies do not provide the ability to get a quote online and usually these smaller companies provide coverage only through independent insurance agents.

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