Save Money on Ford Fusion Insurance in Nashville

We don’t have to point out that fact that car insurance companies want to keep you from comparing rates. Consumers who shop around for the cheapest rate are very likely to buy a different policy because they have good chances of finding lower prices. A study discovered that consumers who routinely shopped around saved approximately $3,400 over four years compared to drivers who never compared other company’s rates.

If finding the lowest rates on car insurance is your objective, then having some knowledge of how to compare cheaper coverage can make shopping around easier.

To save the most money, the best way to get the cheapest Ford Fusion insurance is to make a habit of regularly comparing prices from different companies that insure vehicles in Nashville.

• Step 1: Get an understanding of coverages and the things you can change to drop your rates. Many things that drive up the price such as tickets, at-fault accidents, and an imperfect credit score can be improved by paying attention to minor details. Continue reading for ideas to get cheaper coverage and find overlooked discounts.
• Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like Progressive or Allstate, while agents who are independent can provide rate quotes from multiple sources.
• Step 3: Compare the new rate quotes to your current policy to see if cheaper Fusion coverage is available in Nashville. If you can save some money and make a switch, make sure coverage is continuous and does not lapse.
• Step 4: Notify your agent or company to cancel the current policy. Submit payment and a completed application to the newly selected company. Once the paperwork is finalized, put the certificate verifying proof of insurance in your vehicle’s glove compartment or console.

One important bit of advice is to make sure you enter identical limits and deductibles on every price quote and to quote with as many different companies as possible. Doing this ensures a fair rate comparison and the best price quote selection.

How Insurers Calculate Ford Fusion Insurance Premiums

An important part of buying insurance is that you know a few of the rating criteria that help calculate the level of your policy premiums. When consumers understand what influences your rates, this enables you to make decisions that may result in big savings. Many factors are part of the calculation when you get a price on insurance. A few of the factors are predictable like your driving record, but other factors are more obscure such as your marital status or how safe your car is.

The factors shown below are a few of the things insurance companies consider when setting rates.

High credit saves on insurance – Your credit rating is a big factor in your rate calculation. If your credit could use some work, you may save money insuring your Ford Fusion by improving your rating. Insureds with very good credit scores tend to be more responsible than drivers who have bad credit.

Optional features that lower insurance rates – Purchasing a vehicle that has an advanced theft prevention system can save you some money. Theft prevention features like vehicle immobilizer systems, OnStar, and tracking devices like LoJack help track and prevent car theft and help bring rates down.

Youthful drivers are expensive to insure – Inexperience drivers are statistically proven to be inattentive and easily distracted behind the wheel and because of this, their insurance rates are much higher. More mature drivers are more cautious drivers, cost insurance companies less in claims, and receive fewer citations.

The following chart uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.

Employer stress can make you pay more – Occupations like military personnel, social workers, and emergency personnel are shown to have higher average rates in part from intense work-related stress and lots of time spent away from family. On the other hand, occupations such as farmers, engineers and retirees receive lower rates.

Stay claim-free and lower rates – If you file a lot of claims don’t be surprised to see much higher rates or policy non-renewal. Insurance companies in Tennessee generally give most affordable rates to policyholders that do not abuse their auto insurance. Your insurance policy is intended to be relied upon for claims that you cannot pay yourself.

Ford Fusion claim data – Car insurance companies use historical loss data to help calculate premium costs. Models that tend to have increased losses will cost more to insure. The table below shows the actual insurance loss data for Ford Fusion vehicles.

For each insurance policy coverage type, the claim probability for all vehicles, regardless of manufacturer or model, equals 100. Numbers that are below 100 are indicative of better than average losses, while numbers shown that are more than 100 point to more frequent losses or tendency to have higher losses.

The auto insurance companies shown below are our best choices to provide free rate quotes in Tennessee. To get the best car insurance in Nashville, TN, we recommend you compare several of them to get the best price comparison.

Coverage information

The price information displayed next covers estimates of coverage costs for Ford Fusion models. Understanding how insurance quotes are figured can benefit drivers when making decisions on which insurance to purchase.

Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Premium costs do not factor in specific location information which can change insurance rates noticeably.

Higher deductibles save money

One frequently asked question is which comprehensive and collision deductibles to buy. The rates below can help illustrate the rate fluctuation between high and low deductibles. The first rate quote example uses a $250 comprehensive and collision deductible and the second price table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Prices do not factor in specific location which can affect prices substantially.

We can estimate from the data above that using a $250 deductible will cost you approximately $25 more each month or $300 every year averaged for all Fusion models than requesting the higher $1,000 deductible. Because you would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to have at least 30 months between claim filings, you would save more money if you choose a higher deductible. The numbers below show an example of how you can make your own decision.

One thing to be aware of is that increasing deductibles to save money results in having to pay to pay more out-of-pocket when you have a physical damage claim. You need enough disposable savings in order to pay the deductible.

Careless drivers pay higher rates

The example below illustrates how traffic citations and at-fault claims can drive up Ford Fusion yearly insurance costs for different age groups. The data assumes a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are factored in.

Insurance does more than just protect your car

Despite the potentially high cost of Ford Fusion insurance, insuring your vehicle is mandatory in Tennessee but it also protects more than you think.

• Just about all states have compulsory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability protection in order to license the vehicle. In Tennessee these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
• If you have a loan on your Ford Fusion, most banks will require that you have insurance to guarantee their interest in the vehicle. If you default on your policy, the bank may buy a policy for your Ford at a significantly higher premium and require you to pay a much higher amount than you were paying before.
• Insurance protects both your Ford and your personal assets. It also can pay for medical expenses incurred in an accident. Liability insurance also covers all legal expenses up to the policy limit if you cause an accident and are sued. If you receive damage to your vehicle caused by 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 Fusion are without a doubt worth the cost, especially with large liability claims. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $825 a year so compare quotes from several companies at least once a year to save money.

Affordable Ford Fusion insurance in Nashville

Car insurance companies don’t always list every possible discount very clearly, so we took the time to find some of the more common and the harder-to-find discounts that may be available.

• Professional Organizations – Being in a professional or civic organization is a good way to get lower rates on insurance.
• Waiver for an Accident – This isn’t a discount exactly, but companies like Allstate and GEICO will let one accident slide before hitting you with a surcharge as long as you don’t have any claims for a set time period.
• ABS Brakes – Cars, trucks, and SUVs with anti-lock braking systems have fewer accidents so you can save 10 percent or more.
• College Student – Any of your kids living away from Nashville attending college without a vehicle on campus may be able to be covered for less.
• Seat Belts Save more than Lives – Requiring all passengers to buckle up before driving can save 10% or more on the medical payments or PIP coverage costs.
• Discount for Passive Restraints – Factory options such as air bags or motorized seat belts may qualify for discounts up to 30%.
• Theft Deterrent System – Anti-theft and alarm system equipped vehicles are stolen less frequently and therefore earn up to a 10% discount.
• Telematics Devices – Nashville drivers who agree to allow driving data collection to monitor vehicle usage through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates as long as they are good drivers.

One last thing about discounts, many deductions do not apply to the entire policy premium. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though you would think adding up those discounts means a free policy, you won’t be that lucky. But any discount should definitely cut the cost of your policy.

The information below visualizes the comparison of Ford Fusion auto insurance costs with and without discounts. The rate quotes are based on a female driver, no tickets, no at-fault accidents, Tennessee state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, claim-free, multi-policy, marriage, and safe-driver discounts applied.

Some of the insurance companies that may offer most of the discounts above include:

• GEICO
• MetLife
• Progressive
• Travelers
• SAFECO
• AAA

It’s a good idea to ask each insurance company how many discounts you can get. Some of the discounts discussed earlier may not apply to policies in Nashville. To see a list of companies that offer many of these discounts in Tennessee, click here to view.

You may want advice from a local insurance agent

Some consumers would prefer to go talk to an agent and often times that is recommended Licensed agents are highly skilled in risk management and help in the event of a claim. An additional benefit of price shopping on the web is that you can obtain better rates and still have an agent to talk to.

For easy comparison, once you complete this quick form, your insurance coverage information is emailed to insurance agents in Nashville that can give you free Nashville auto insurance quotes for your insurance coverage. It makes it easy because there is no need to contact any agents since price quotes are sent directly to you. If you have a need to compare prices from a specific insurance provider, you would need to go to their quote page and fill out their quote form.

Picking the best insurance company should include more criteria than just a low price. These are some questions you should get answers to.

• Do the coverages you’re quoting properly cover your vehicle?
• Is vehicle mileage a factor when determining depreciation for repairs?
• Do they have any clout with companies to ensure a fair claim settlement?
• How long has the business existed?
• How often do they review coverages?
• Are they involved in claim handling?
• What insurance companies do they work with in Nashville?
• Do they specialize in personal lines auto insurance in Nashville?

Pick the best car insurance agent in Nashville for you

When narrowing the list to find local Nashville agents, there are two different types of agents and how they differ in how they quote coverages. Insurance agencies in Nashville are either independent agents or exclusive agents depending on their employer. Both can handle insurance, but it’s a good idea to understand how they are different since it can affect the type of agent you choose.

Exclusive Agents

These agents work for only one company like Allstate, Farmers Insurance, State Farm, and AAA. They are unable to give you multiple price quotes so you need to shop around if the rates are high. Exclusive agents are well trained on their company’s products which helps them sell insurance even at higher premiums.

Shown below is a list of exclusive insurance agents in Nashville that can give you price quotes.

More Nashville agents

Independent Agents

Agents that choose to be independent often have affiliation with several companies so they can quote policies with multiple insurance companies and get the cheapest rates. If you want to switch companies, your agent can just switch to a different company and you won’t have to switch agencies.

If you are trying to find cheaper rates, it’s a good idea to contact multiple independent agents to get the most accurate price comparison.

Shown below is a short list of independent agents in Nashville that are able to give rate quotes.

More Nashville agents

Will just any policy work for me?

When quoting and comparing coverage for your personal vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different.

For example, these questions might point out whether your personal situation would benefit from an agent’s advice.

• Do I have coverage when using my vehicle for my home business?
• Does coverage follow the driver or the vehicle?
• Should I bundle my homeowners policy with my auto?
• Does my personal policy cover me when driving out-of-state?
• Do all my vehicles need collision coverage?
• Do I need PIP (personal injury protection) coverage in Tennessee?
• Is my babysitter covered when using my vehicle?
• Should I file a claim if it’s only slightly more than my deductible?
• Why am I required to buy high-risk coverage?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form. It’s fast, free and can provide invaluable advice.

Get the best coverage at the lowest price

As you quote Nashville auto insurance, you should never buy poor coverage just to save money. In many cases, an accident victim reduced liability coverage limits only to find out that it was a big mistake. Your strategy should be to buy the best coverage you can find at the lowest possible cost and still be able to protect your assets.

We covered some good ideas how to get a better price on Ford Fusion insurance in Nashville. The most important thing to understand is the more rate quotes you have, the better likelihood of getting inexpensive Nashville auto insurance quotes. Consumers may even find the most savings is with the least-expected company.

Drivers change insurance companies for any number of reasons including delays in responding to claim requests, not issuing a premium refund, high rates after DUI convictions and even being labeled a high risk driver. Whatever your reason, finding the right insurance provider is pretty easy and you might even save some money in the process.

To read more, link through to the articles below:

• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
• How Much are Car Insurance Quotes for Handicapped Drivers in Nashville? (FAQ)
• Who Has Cheap Car Insurance Rates for Inexperienced Drivers in Nashville? (FAQ)
• Who Has Cheap Car Insurance Rates for a Jeep Grand Cherokee in Nashville? (FAQ)
• Older Driver Statistics (Insurance Information Institute)
• What if I Can’t Find Coverage? (Insurance Information Institute)
• Coverage Information (Progressive Insurance)
• Vehicle Size and Weight FAQ (iihs.org)