Did a good deal turn into high-priced Ford Escape insurance in Dallas? Don’t sweat it because many consumers are feeling buyer’s remorse and feel like there’s no way out.
It’s a fact that insurance companies want to keep you from comparing prices. Insureds who get price comparisons will most likely switch companies because there is a great chance of getting low-cost coverage. A recent survey found that people who routinely shopped around saved on average $72 a month compared to other drivers who don’t make a habit of comparing rates.
If finding the lowest price for car insurance in Dallas is your goal, then knowing the best way to quote and compare coverage rates can make shopping around easier.
How to find low-cost Ford Escape insurance in Dallas
If you want to save the most money, the best way to find cheaper prices for auto insurance rates is to start doing a yearly price comparison from companies who sell insurance in Dallas. Drivers can shop around by following these steps.
- Step 1: Try to comprehend how companies price auto insurance and the factors you can control to lower rates. Many policy risk factors that cause high rates such as speeding tickets, careless driving and a bad credit score can be rectified by making small lifestyle or driving habit changes.
- Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can give quotes from one company like GEICO and Allstate, while agents who are independent can quote rates for a wide range of companies. View insurance agents
- Step 3: Compare the new quotes to your existing coverage and determine if cheaper Escape coverage is available in Dallas. If you find better rates and change companies, verify that coverage does not lapse between policies.
- Step 4: Tell your current agent or company to cancel your current coverage and submit a completed application and payment for the new policy. When you receive it, keep your new proof of insurance certificate in an easily accessible location.
An important note is to try to compare the same coverage limits and deductibles on each quote request and and to look at every company you can. This ensures an accurate price comparison and a complete selection of prices.
Since consumers have many companies and agents to choose from, it can be challenging to pick the lowest cost company.
Low Cost companies for Ford Escape insurance
The companies in the list below offer price comparisons in Dallas, TX. If the list has multiple companies, we suggest you visit as many as you can to get the best price comparison.
Statistics and details
The coverage table below showcases different rate quotes for Ford Escape models. Having a good understanding how auto insurance premiums are determined can assist in making smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$204||$378||$392||$24||$118||$1,116||$93|
|Escape XLS 4WD||$204||$378||$392||$24||$118||$1,116||$93|
|Escape XLT 2WD||$204||$378||$392||$24||$118||$1,116||$93|
|Escape Limited 2WD||$234||$378||$392||$24||$118||$1,146||$96|
|Escape XLT 4WD||$234||$378||$392||$24||$118||$1,146||$96|
|Escape Limited 4WD||$234||$460||$392||$24||$118||$1,228||$102|
|Get Your Own Custom Quote Go|
Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Information does not factor in your specific Dallas location which can raise or lower coverage prices noticeably.
The example below shows how choosing a deductible and can increase or decrease Ford Escape insurance costs for different ages of insureds. The data is based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.
How careless driving impacts car insurance rates
The information below illustrates how speeding tickets and accident claims drive up Ford Escape auto insurance rates for different age groups. The data assumes a married male driver, full physical damage coverage, $250 deductibles, and no policy discounts are applied.
Ford Escape full coverage rates compared to liability only
The example below illustrates the comparison of Ford Escape insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Texas. The price estimates are based on no accidents or driving violations, $100 deductibles, single status, and no discounts are applied.
When to drop comprehensive and collision
There is no set guideline for excluding physical damage coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Ford Escape settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, you would only receive $4,000 after paying your policy deductible. If it’s costing you more than $400 a year for comprehensive and collision coverage, then it could be time to drop full coverage.
There are some scenarios where dropping physical damage coverage is not a good plan. If you haven’t paid off your loan, you have to keep full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not buy liability only.
Insurance policy discounts for Ford Escape insurance in Dallas
Companies that sell car insurance don’t always publicize every discount they offer very clearly, so the following is a list of some of the more common and the harder-to-find discounts that may be available.
- Theft Deterrent Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.
- Passive Restraint Discount – Options like air bags may earn rate discounts of more than 20%.
- No Claim Discounts – Dallas drivers who stay claim-free pay less when compared to accident-prone drivers.
- Military Rewards – Being deployed with a military unit may qualify for rate reductions.
- Seat Belts Save – Drivers who always wear seat belts and also require passengers to fasten their seat belts could save 15% on the medical payments or PIP coverage costs.
- Federal Government Employee – Being employed by or retired from a federal job could qualify for a slight premium decrease with a few insurance companies.
You should keep in mind that some credits don’t apply to the entire cost. Most cut specific coverage prices like comprehensive or collision. So despite the fact that it appears you would end up receiving a 100% discount, you won’t be that lucky.
The illustration below compares Ford Escape auto insurance rates with and without policy discounts. The premiums assume a male driver, no violations or accidents, Texas state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, homeowner, multi-policy, multi-car, and marriage discounts applied.
A few of the larger companies and some of the premium reductions they offer are shown below.
- Esurance has savings for paid-in-full, emergency road assistance, homeowner, anti-theft, good student, multi-car, and Switch & Save.
- The Hartford may include discounts for air bag, defensive driver, driver training, vehicle fuel type, bundle, and good student.
- AAA offers premium reductions for good driver, multi-car, good student, multi-policy, and AAA membership discount.
- GEICO discounts include membership and employees, multi-policy, anti-theft, federal employee, emergency military deployment, and defensive driver.
- State Farm has discounts for accident-free, Drive Safe & Save, good driver, defensive driving training, Steer Clear safe driver discount, and student away at school.
If you need inexpensive Dallas car insurance quotes, ask all companies you are considering what discounts are available to you. All car insurance discounts may not apply in Dallas. To see insurance companies that offer discounts in Texas, click this link.
Insurance agent or online?
A lot of people would prefer to sit down with an agent and that can be a smart move Good insurance agents can help determine the best coverages and help submit paperwork. The best thing about comparing car insurance online is that drivers can save money and get the lowest rates but still work with a licensed agent.
To help locate an agent, after submitting this quick form, the coverage information is instantly submitted to insurance agents in Dallas who will give you bids for your business. You won’t need to contact an agency as quotes are delivered immediately to your email address. In the event you want to get a price quote from one company in particular, feel free to navigate to their website and submit a quote form there.
Picking an insurance company shouldn’t rely on just a low price. Ask your prospective agent these questions:
- Is there a Errors and Omissions policy in force?
- Are they actively involved in the community?
- Does the agent recommend any additional coverage?
- Is the agent CPCU or CIC certified?
- Are they giving you every discount you deserve?
- Will their companies depreciate repairs to your car based on the mileage?
- How much experience to they have in personal lines coverages?
When looking for a local Dallas insurance agent, it’s important to understand the different types of agents and how they are slightly different. Car insurance agents can be described as either independent agents or exclusive agents depending on their employer. Either type can insure your vehicles, but it’s good to learn how they differ because it may have an impact on which type of agent you select.
Exclusive agents can only place business with one company and some examples include American Family, State Farm, and Allstate. Exclusive agents are unable to provide other company’s prices so if the price isn’t competitive there isn’t much they can do. They receive extensive training on sales techniques which helps offset the inability to provide other markets.
Listed below are Dallas exclusive agencies that are able to give comparison quotes.
Mike Baker – State Farm Insurance Agent
3400 Carlisle St Ste 470 – Dallas, TX 75204 – (214) 780-0900 – View Map
Independent Agencies or Brokers
Independent insurance agents are not locked into one company and that allows them to write policies through many companies and help determine which has the cheapest rates. If your agent finds better pricing, your policy is moved internally without you having to go to a different agency. If you need cheaper car insurance rates, you definitely need to get several quotes from multiple independent agents to maximize your price options.
The following is a list of independent agents in Dallas willing to provide price quote information.
Nationwide Insurance: Comparable Insurance Agency Inc
9750 Walnut St Ste 106 – Dallas, TX 75243 – (214) 575-2750 – View Map
After getting good feedback to these questions and an affordable coverage quote, most likely you have located an auto insurance agent that can provide car insurance coverage.
What car insurance coverages do you need?
Learning about specific coverages of your policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverage types available from car insurance companies.
Insurance for medical payments
Med pay and PIP coverage kick in for short-term medical expenses for things like hospital visits, dental work and surgery. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. PIP is not available in all states and may carry a deductible
Uninsured Motorist or Underinsured Motorist insurance
This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required (30/60/25 in Texas), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.
Collision coverage protection
Collision insurance pays for damage to your Escape from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.
Collision can pay for things like sideswiping another vehicle, colliding with another moving vehicle and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also increase the deductible on your Escape to bring the cost down.
Liability auto insurance
This coverage can cover damage that occurs to other’s property or people in an accident. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 30/60/25 which stand for $30,000 bodily injury coverage, a total of $60,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.
Liability can pay for claims such as loss of income, repair bills for other people’s vehicles, funeral expenses and legal defense fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford. Texas state minimum liability requirements are 30/60/25 but drivers should carry higher limits.
The chart below shows why buying minimum limits may not be adequate.
Comprehensive coverage (or Other than Collision)
This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for things like falling objects, a broken windshield and theft. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Find cheaper rates by comparing often
When getting Dallas car insurance quotes online, don’t be tempted to reduce needed coverages to save money. In many cases, an accident victim reduced comprehensive coverage or liability limits only to regret that the savings was not a smart move. Your focus should be to purchase plenty of coverage at an affordable rate while still protecting your assets.
A few companies do not provide price quotes online and usually these smaller companies prefer to sell through independent agents. The cheapest Ford Escape insurance in Dallas can be bought from both online companies and from local agencies, and you should compare price quotes from both to have the best selection.
How to find the cheapest rates for Ford Escape insurance in Dallas
The best way to get budget car insurance rates in Dallas is to compare prices regularly from insurance carriers who provide auto insurance in Texas.
Step 1: Spend a few minutes and learn about auto insurance and the measures you can take to drop your rates. Many things that are responsible for high rates like getting speeding tickets and bad credit can be controlled by making minor changes in your lifestyle.
Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like GEICO and State Farm, while independent agents can provide prices for a wide range of companies.
Step 3: Compare the quotes to the premium of your current policy to determine if switching companies saves money. If you can save money and buy the policy, ensure there is no coverage lapse between policies.
Step 4: Notify your current company to cancel your current policy. Submit the signed application along with the required initial payment to your new agent or company. Make sure you put the new certificate verifying proof of insurance in an easily accessible location.
An important part of this process is that you’ll want to compare identical coverages on each quote and to quote with all possible companies. Doing this helps ensure an apples-to-apples comparison and a better comparison of the market.
More information can be found at the links below
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- How Much are Car Insurance Quotes for Drivers Under 25 in Dallas? (FAQ)
- Who Has the Cheapest Dallas Auto Insurance Quotes for Safe Drivers? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Jeep Grand Cherokee in Dallas? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Event Data Recorders FAQ (iihs.org)
- Auto Crash Statistics (Insurance Information Institute)
- Steps to Take After an Auto Accident (Insurance Information Institute)