Compare Ford Escape Insurance Rates in Raleigh

To save the most money, the best way to get cheaper car insurance rates is to annually compare prices from different companies in Raleigh.

First, get a basic knowledge of how companies set rates and the things you can change to lower rates. Many factors that are responsible for high rates such as traffic tickets, fender benders, and a not-so-good credit score can be amended by paying attention to minor details.

Second, quote rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like Progressive or Farmers Insurance, while independent agencies can give you price quotes from multiple insurance companies.

Third, compare the price quotes to your existing policy to determine if you can save on Escape insurance. If you find a lower rate and decide to switch, make sure there is no lapse in coverage.

Fourth, notify your company or agent to cancel your current coverage and submit the signed application along with the required initial payment to the new company. When you receive it, keep the new certificate verifying coverage above your visor, in the console, or in the glove compartment.

One thing to remember is to use similar deductibles and liability limits on every price quote and and to get rate quotes from every company you can. This enables the most accurate price comparison and a good representation of prices.

Insurance rates Ford Escape in RaleighInconceivable but true, the vast majority of consumers have been with the same company for four years or more, and almost 40% of drivers have never compared rates with other companies. Consumers in North Carolina can save as much as $94 each year by just shopping around, but they don’t want to spend time to do a rate comparison.

Car insurance policy discounts for Ford Escape insurance in Raleigh

Car insurance is easily one of your largest bills, but you may find discounts that you may not know about. A few discounts will be applied when you quote, but some may not be applied and must be manually applied prior to getting the savings.

A little note about advertised discounts, some of the credits will not apply to the whole policy. Some only apply to individual premiums such as comp or med pay. So when it seems like adding up those discounts means a free policy, companies wouldn’t make money that way. But any discount should help lower your overall bill.

The chart below illustrates the difference between Ford Escape insurance premiums with and without discounts applied to the premium. The premiums are based on a female driver, no claims or driving violations, North Carolina state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, marriage, multi-policy, and claim-free discounts applied.

Some companies that may offer policyholders these discounts are:

If you need lower rates, check with every prospective company which discounts can lower your rates. Discounts might not be available to policyholders in every state. If you would like to view insurance companies that provide some of the discounts listed above in North Carolina, click here.

The method we recommend to compare car insurance rates for Ford Escape insurance in Raleigh takes advantage of the fact all the major auto insurance companies participate in online systems to give you rate quotes. The only thing you need to do is provide information like if you lease or own, whether you are single or married, driver ages, and if you require a SR-22. Your information is instantly provided to many different companies and they return cost estimate with very little delay.

To check rates for your Ford Escape now, click here and complete the quick form.

The providers in the list below can provide price comparisons in North Carolina. To buy the best cheap car insurance in Raleigh, we suggest you get rates from several of them to get a more complete price comparison.

Ford Escape coverage statistics

The coverage information shown below outlines detailed analysis of coverage prices for Ford Escape models. Having knowledge of how rate quotes are established can assist in making informed decisions when comparing rates.

Ford Escape Insurance Rates in Raleigh, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $186 $318 $212 $12 $64 $792 $66
Escape XLS 4WD $186 $318 $212 $12 $64 $792 $66
Escape XLT 2WD $186 $318 $212 $12 $64 $792 $66
Escape Limited 2WD $214 $318 $212 $12 $64 $820 $68
Escape XLT 4WD $214 $318 $212 $12 $64 $820 $68
Escape Limited 4WD $214 $386 $212 $12 $64 $888 $74
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Prices do not factor in the specific area where the vehicle is garaged which can modify price quotes greatly.

Rate comparison for different deductibles

When shopping for insurance, a common question is which comprehensive and collision deductibles to buy. The tables below may help to illustrate the rate difference between high and low insurance deductibles. The first rate estimation uses a $100 deductible and the second data table uses a $500 deductible.

Ford Escape insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $186 $318 $212 $12 $64 $817 $68
Escape XLS 4WD $186 $318 $212 $12 $64 $817 $68
Escape XLT 2WD $186 $318 $212 $12 $64 $817 $68
Escape Limited 2WD $214 $318 $212 $12 $64 $845 $70
Escape XLT 4WD $214 $318 $212 $12 $64 $845 $70
Escape Limited 4WD $214 $386 $212 $12 $64 $913 $76
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Ford Escape insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $136 $214 $212 $12 $64 $638 $53
Escape XLS 4WD $136 $214 $212 $12 $64 $638 $53
Escape XLT 2WD $136 $214 $212 $12 $64 $638 $53
Escape Limited 2WD $156 $214 $212 $12 $64 $658 $55
Escape XLT 4WD $156 $214 $212 $12 $64 $658 $55
Escape Limited 4WD $156 $262 $212 $12 $64 $706 $59
Get Your Own Custom Quote Go

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Price information does not factor in specific location which can increase or decrease insurance rates greatly.

Based on this data, using a $100 deductible will cost in the ballpark of $15 more each month or $180 for a full year averaged for all Escape models than selecting the higher $500 deductible. Since the policyholder would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go more than 27 months between claims, you would most likely save money if you choose a higher deductible. The table below shows how this decision is made.

Average monthly premium for $100 deductibles: $70
Average monthly premium for $500 deductibles (subtract): – $55
Monthly savings from raising deductible: $15
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $15
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 27 months

Cost difference between full coverage and liability

The example below visualizes the comparison of Ford Escape car insurance costs with liability coverage only compared to full coverage. The premiums are based on no accidents or driving violations, $100 deductibles, marital status is single, and no discounts are factored in.

When to stop paying for full coverage

There isn’t a steadfast formula of when to phase out physical damage coverage, but there is a general guideline. If the annual cost of having full coverage is about 10% or more of replacement cost minus your deductible, then it could be time to drop full coverage.

For example, let’s say your Ford Escape replacement cost is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $2,000 after the deductible is paid. If it’s costing in excess of $200 a year for full coverage, the it may be a good time to stop paying for full coverage.

There are some conditions where eliminating full coverage is not financially feasible. If you still have a loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not remove full coverage.

Informed Drivers Can Reduce Their Insurance Rates

When buying insurance it’s important to understand some of the factors that help calculate your premiums. When you know what positively or negatively determines premiums, this allows you to make educated decisions that can help you get lower insurance prices. Many different elements are considered when pricing auto insurance. Most are fairly basic like an MVR report, although others are not quite as obvious such as your marital status or your financial responsibility.

The list below includes a few of the things companies use to determine your prices.

Local Raleigh insurance agencies

Many drivers still like to get advice from a local agent and often times that is recommended One of the benefits of comparing rates online is that you can obtain better rates and still have a local agent.

Find insurance agent in RaleighTo help locate an agent, after submitting this form (opens in new window), the coverage information is emailed to participating agents in Raleigh who will give you quotes for your business. It’s much easier because you don’t need to leave your computer because prices are sent to your email. You can find better rates without requiring a lot of work. If you have a need to compare rates from a specific company, you would need to search and find their rate quote page and give them your coverage information.

Finding a good company should depend on more than just a cheap price. Here are some questions to ask:

Insurance agent types

When looking for a reliable insurance agency, it’s important to understand the types of insurance agents and how they can service your needs differently. Auto insurance agencies are categorized either exclusive agents or independent agents.

Exclusive Insurance Agents

These type of agents work for only one company and some examples include American Family, State Farm, and Allstate. Exclusive agents cannot compare other company’s rates so they have no alternatives for high prices. Exclusive agencies are well schooled on their company’s products which can be an advantage.

Listed below are Raleigh exclusive insurance agents who may provide you with comparison quotes.

5620 Six Forks Rd Ste 103Raleigh, NC 27609(919) 848-8105View Map

8961 Harvest Oaks Dr #205Raleigh, NC 27615(919) 870-1413View Map

4030 Wake Forest Rd Ste 106Raleigh, NC 27609(919) 850-0560View Map

More insurance agents

Independent Agents

Agents that choose to be independent often have many company appointments and that allows them to write policies with a variety of different insurance companies and get the cheapest rates. If they find a cheaper price, your agent can just switch to a different company and the insured can keep the same agent. If you need cheaper auto insurance rates, it’s a good idea to include at a minimum one independent agency for the best price selection.

Below is a short list of independent agents in Raleigh willing to provide price quotes.

3741 Benson DrRaleigh, NC 27609(919) 790-6415View Map

1330 St Marys St Suite 250Raleigh, NC 27605(919) 828-7130View Map

3416 Poole Rd # 110Raleigh, NC 27610(919) 231-8131View Map

More insurance agents

Why you need quality insurance for your Ford Escape

Even though Raleigh Escape insurance rates can get expensive, maintaining insurance may be required for several reasons.

The benefits of buying insurance more than offset the price you pay, especially with large liability claims. According to a 2015 survey, the average American driver is overpaying more than $855 a year so you should quote rates once a year at a minimum to help ensure money is not being wasted.

Best car insurance in North Carolina

Selecting a highly-rated insurer is hard considering how many choices drivers have in Raleigh. The ranking information shown next can help you decide which insurers to look at when looking for cheaper rates.

Top 10 Raleigh Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Nationwide
  3. Allstate
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. Titan Insurance
  10. AAA Insurance

You can find affordable coverage

We just showed you a lot of tips how to shop for Ford Escape insurance online. The key concept to understand is the more you quote Raleigh car insurance, the better likelihood of getting the cheapest Ford Escape rate quotes. Consumers may even find the lowest priced auto insurance comes from some of the smallest insurance companies. They can often provide lower premium rates in certain areas than their larger competitors like State Farm and Allstate.

Cheaper auto insurance in Raleigh is available both online and also from your neighborhood Raleigh agents, so you need to quote Raleigh car insurance with both to get a complete price analysis. There are still a few companies who may not have online price quotes and usually these small, regional companies provide coverage only through independent insurance agencies.

When trying to cut insurance costs, do not buy less coverage just to save a little money. Too many times, consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your goal is to purchase a proper amount of coverage at the lowest possible cost, but do not skimp to save money.

To learn more, link through to the resources below: