Cheap Ford Five Hundred Car Insurance in 2024 (Cash Savings With These 10 Companies!)
State Farm, USAA, and AAA offer cheap Ford Five Hundred car insurance, starting at just $40 a month. Choose these industry leaders for the most competitive prices, comprehensive coverage options, and excellent customer service, ensuring top-tier protection and value for your Ford Five Hundred.
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Jimmy McMillan
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Jimmy McMillan is an entrepreneur and the founder of HeartLifeInsurance.com, an independent life insurance brokerage. His company specializes in life insurance for people with heart problems. He knows personally how difficult it is to secure health and life insurance after a heart attack. Jimmy is a licensed insurance agent from coast to coast who has been featured on ValientCEO and the podcast...
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UPDATED: Oct 23, 2024
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Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Oct 23, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
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State Farm, USAA, and AAA rise to the forefront as the best providers of cheap Ford Five Hundred car insurance, blending affordability with comprehensive coverage.
These providers stand out due to their exceptional value, extensive coverage options, and excellent customer service. Choosing the right insurer involves comparing multiple quotes to ensure you receive the best deal tailored to your needs.
Our Top 10 Company Picks: Cheap Ford Five Hundred Car Insurance
Company Rank Monthly Rates Safe Driver Discount Best For Jump to Pros/Cons
#1 $40 10% Reliable Choice State Farm
#2 $45 15% Military Families USAA
#3 $47 10% Member Benefits AAA
#4 $48 7% Broad Coverage Nationwide
#5 $49 7% Personalized Travelers
#6 $50 8% Flexible Plans Progressive
#7 $51 9% Customer Service American Family
#8 $52 10% Customizable Farmers
#9 $53 5% Affordable Liberty Mutual
#10 $55 9% Comprehensive Allstate
Remember, factors like your driving history, location, and the Ford Five Hundred’s safety features can influence your final premium.
Searching for more affordable premiums? Insert your ZIP code above to get started on finding the right provider for you and your budget.
- State Farm offers top-rated cheap Ford Five Hundred car insurance
- Coverage options cater to the unique safety features of the Ford Five Hundred
- Insurance rates are influenced by the model’s history and location
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#1 – State Farm: Top Overall Pick
Pros
- Bundling Policies: Offers significant discounts for bundling multiple insurance policies.
- High Low-Mileage Discount: Provides a substantial discount for drivers with low mileage.
- Wide Coverage: Features a variety of coverage options tailored to different needs. See more details on our article titled State Farm car insurance review & ratings.
Cons
- Limited Multi-Policy Discount: Multi-policy discount is not as competitive as other insurers.
- Premium Costs: Premiums may be higher than average for certain coverage levels.
#2 – USAA: Best for Military Families
Pros
- Tailored to Military: Specializes in services for military members and their families. Learn more in our article titled USAA insurance review & ratings.
- Higher Safe Driver Discount: Offers a 15% discount for safe drivers, higher than most.
- Exceptional Customer Support: Known for superior customer service and support.
Cons
- Limited Availability: Only available to military personnel and their families.
- Less Competitive for Non-Military: Non-military members may find better rates elsewhere.
#3 – AAA: Best for Member Benefits
Pros
- Extensive Member Benefits: Provides numerous benefits and discounts for members.
- Good Safe Driver Discount: Offers a competitive 10% discount for safe drivers. More information is available about this provider in our article titled AAA insurance review & ratings.
- Travel and Auto Service Discounts: Members receive discounts on travel and auto services.
Cons
- Membership Required: Must be a member to receive insurance and other benefits.
- Higher Rates: Rates tend to be higher compared to other insurance companies.
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#4 – Nationwide: Best for Broad Coverage
Pros
- Extensive Coverage Options: Nationwide offers a wide array of coverage possibilities, catering to a diverse range of needs.
- Competitive Rates: Offers competitive rates, with monthly premiums starting at $48.
- Loyalty Discounts: Provides loyalty discounts for long-term policyholders. Check out insurance savings in our complete Nationwide insurance review & ratings.
Cons
- Lower Safe Driver Discount: Offers a lower safe driver discount of 7%, compared to other insurers.
- Limited Customization: Some customers may find options for customization less extensive than those offered by competitors.
#5 – Travelers: Best for Personalized Insurance
Pros
- Personalized Plans: Specializes in offering insurance plans that can be tailored to individual needs.
- Range of Discounts: Provides various discounts including multi-policy and safe driver incentives.
- Reputation for Reliability: Known for its reliability and strong financial stability. Discover more about offerings in our article titled Travelers insurance review & ratings.
Cons
- Premium Costs: Despite offering personalized plans, premiums can be on the higher side.
- Complex Policy Options: Some customers may find the range of options confusing or overwhelming.
#6 – Progressive: Best for Flexible Plans
Pros
- High Flexibility in Coverage: Offers a variety of plans that can be adjusted to suit different preferences and budgets.
- Innovative Tools: Provides tools like the Name Your Price tool, which helps customers find coverage within their budget.
- Discounts for Continuous Coverage: Rewards customers with discounts for maintaining continuous coverage. Read up on the “Progressive Insurance Review & Ratings” for more information.
Cons
- Variable Customer Service: Some customers report variability in the quality of customer service.
- Rate Fluctuations: Customers might experience rate increases at renewal, even without a change in driving history.
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#7 – American Family: Best for Customer Service
Pros
- Strong Focus on Customer Support: Highly rated for customer service and support. Access comprehensive insights into our article titled American Family insurance review & ratings.
- Diverse Discount Offerings: Offers a range of discounts including for safety features and loyalty.
- Comprehensive Coverage: Provides robust coverage options that meet a wide range of needs.
Cons
- Availability Issues: Not available in all states, which may limit accessibility for some customers.
- Higher Rates for High-Risk Drivers: High-risk drivers may face significantly higher premiums.
#8 – Farmers: Best for Customizable Policies
Pros
- Highly Customizable Policies: Allows extensive customization of policies to fit individual needs.
- Dedicated Agents: Provides personalized service through a network of dedicated agents.
- Good Safe Driver Discounts: Offers a competitive 10% discount for safe driving. Delve into our evaluation of Farmers insurance review & ratings.
Cons
- Higher Premiums: Premiums can be higher compared to other insurers, especially for basic coverage.
- Complex Policies: The wide range of options can be complex and difficult to navigate for some users.
#9 – Liberty Mutual: Best for Affordable Coverage
Pros
- Competitively Priced Premiums: Known for offering affordable coverage options. Unlock details in our article titled Liberty Mutual review & ratings.
- Variety of Discounts: Offers a broad array of discounts, including for newly married couples or new homeowners.
- Customizable Policies: Policies can be tailored to meet the specific needs of individuals.
Cons
- Customer Service Variability: Some customers report inconsistent customer service experiences.
- Coverage Limitations: Some customers may find the coverage options less comprehensive than those of competitors.
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#10 – Allstate: Best for Comprehensive Coverage
Pros
- Wide Range of Coverage: Offers a comprehensive array of insurance products and services. Discover insights in our article titled Allstate insurance review & ratings.
- Multiple Discount Options: Provides multiple discounts, including new car and multiple policy discounts.
- Strong Online and Mobile Tools: Features robust online and mobile tools for managing policies.
Cons
- Higher Cost: Generally more expensive than some other competitors for similar levels of coverage.
- Claims Process Issues: Some customers report a lengthy or complicated claims process.
Comparative Monthly Premiums for Ford Five Hundred: Minimum vs. Full Coverage
When exploring car insurance for the Ford Five Hundred, it’s crucial to compare monthly rates across different providers for both minimum and full coverage to find the best deal. Each insurance company offers distinct pricing, which can significantly affect your budget depending on the level of coverage you choose.
Ford Five Hundred Car Insurance Monthly Rates by Coverage Level & Provider
Insurance Company Minimum Coverage Full Coverage
AAA $47 $127
Allstate $55 $135
American Family $51 $131
Farmers $52 $132
Liberty Mutual $53 $133
Nationwide $48 $128
Progressive $50 $130
State Farm $40 $120
Travelers $49 $129
USAA $45 $125
For minimum coverage, rates start as low as $40 with State Farm and can go up to $55 with Allstate. On the other hand, full coverage rates show a wider range, from $120 with State Farm to $135 with Allstate, indicating a substantial difference in premiums based on the extent of coverage. Learn more in our article titled “Full Coverage Car Insurance: A Complete Guide.”
Other insurers like AAA, USAA, and Nationwide also offer competitive rates, with AAA charging $47 for minimum and $127 for full coverage, while USAA provides a balance of affordability and comprehensive protection at $45 and $125, respectively. These variations highlight the importance of assessing both coverage levels and prices to tailor your insurance policy to both your needs and your financial circumstances.
Understanding the Factors That Influence Ford Five Hundred Car Insurance Rates
When insurance providers determine the cost of insuring a Ford Five Hundred, they take into account numerous factors. These factors include the vehicle’s age, make, model, and trim level. Newer Ford Five Hundred models may be more expensive to insure due to their higher value, while older models may have lower insurance rates.
Another significant factor is the driver’s age, driving history, and location. Younger drivers or those with a history of traffic violations may face higher premiums. Additionally, the frequency of accidents and thefts reported for the Ford Five Hundred model can impact insurance rates. Read up on the “Car Accidents: What to do in Worst Case Scenarios” for more information.
Insurance companies also factor in the Ford Five Hundred’s safety and anti-theft features. Cars with advanced safety systems like anti-lock brakes and airbags, or anti-theft technologies such as alarms, may receive lower insurance rates due to reduced risk.
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Comparing Car Insurance Quotes for the Ford Five Hundred
Getting several car insurance quotes is crucial to secure the best rates for your Ford Five Hundred. Numerous insurers provide tools for easy online comparison of various company rates. Comparing quotes helps pinpoint the most cost-effective coverage. Ideally, get quotes from at least three different providers for a well-rounded view of your options.
When comparing car insurance quotes for your Ford Five Hundred, it’s important to consider the coverage options provided by each insurer. Price matters, but so does getting the right coverage for your needs. Some insurers might have lower prices but less coverage, whereas others provide more comprehensive options at a higher cost. Be sure to examine policy specifics, including coverage limits, deductibles, and extra benefits.
Besides comparing rates and coverage, consider the insurer’s reputation and customer service. Check reviews and ratings to assess their reliability and responsiveness. A company known for customer satisfaction and efficient claims handling offers added security and ease in managing incidents. Feel free to contact insurers with any questions or concerns before deciding.
The Average Cost of Insuring a Ford Five Hundred
Although it is challenging to provide an exact figure for the average cost of insuring a Ford Five Hundred, estimates indicate that the annual premium typically falls within a certain range. On average, insuring a Ford Five Hundred can cost anywhere between approximately $67 and $125 per month. However, keep in mind that these numbers are approximate and can vary based on the factors mentioned earlier.
One of the factors that can influence the cost of insuring a Ford Five Hundred is the driver’s age and driving history. Younger drivers or those with a history of accidents or traffic violations may face higher insurance premiums compared to older, more experienced drivers with clean records.
Additionally, the location where the vehicle is primarily driven and parked can also impact insurance costs. Urban areas with higher rates of accidents or vehicle theft may result in higher premiums compared to rural areas with lower risk factors. See more details on our article titled “How much insurance coverage do I need?”
Exploring the Different Coverage Options for a Ford Five Hundred
When choosing car insurance for your Ford Five Hundred, consider multiple coverage types. Liability coverage protects against damages you cause, collision coverage pays for your vehicle’s damage in an accident, and comprehensive coverage covers incidents like theft and natural disasters.
Uninsured/underinsured motorist coverage is also crucial if you’re hit by someone without adequate insurance. Assess each option’s costs and benefits to find the right fit for your needs and budget. Check out insurance savings in our complete “Can you lend your car to an uninsured driver?”
It’s also worth noting that some insurers offer coverage options designed specifically for Ford Five Hundred owners, including specialized protection for Ford-specific parts, roadside assistance, and extended warranties. Exploring these options can provide more comprehensive protection for your vehicle.
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Tips for Finding Affordable Car Insurance for Your Ford Five Hundred
If you are looking to reduce your Ford Five Hundred car insurance costs, there are several strategies you can employ. First and foremost, maintaining a clean driving record by avoiding traffic violations and accidents can help secure lower insurance rates.
Additionally, bundling your car insurance policy with other policies, such as home or renters insurance, can often lead to discounts. Furthermore, taking advantage of available discounts, such as safe driver discounts or discounts for installing anti-theft devices, can also lower your premiums. Lastly, comparing quotes from multiple insurance providers and leveraging competition can help you find the most affordable coverage.
Consider raising your deductible to reduce your Ford Five Hundred car insurance premiums. Just ensure you can afford the higher deductible if you have an accident. Discover more about offerings in our “What is the difference between a deductible and a premium in car insurance?”
In addition, maintaining a good credit score can also help you find more affordable car insurance rates. Insurance companies often use credit scores as a factor in determining premiums, so it’s important to regularly check and improve your credit score if necessary.
Factors to Consider When Choosing an Insurance Provider for Your Ford Five Hundred
While price is a significant consideration when choosing an insurance provider for your Ford Five Hundred, it is not the only factor that should influence your decision. Evaluating an insurer’s financial stability, customer service reputation, and claims process efficiency is equally important.
Jeff Root Licensed Life Insurance Agent
Look for an insurance company with a good track record of customer satisfaction and a reputation for promptly processing claims. Additionally, consider reading customer reviews and seeking recommendations from friends or family to ensure you choose an insurer you can rely on. Access comprehensive insights into our “Do auto and renters insurance claims affect my home insurance rates?”
How Your Driving Record Affects the Cost of Insuring a Ford Five Hundred
Your driving record plays a vital role in determining your Ford Five Hundred car insurance rates. Insurance providers typically review your driving history and look for any traffic violations or accidents within a specified period. Drivers with clean records, who have not been involved in accidents or received traffic tickets, are generally considered lower risk and may qualify for lower insurance premiums.
On the other hand, drivers with a history of violations or accidents may face higher rates as they are perceived as higher risk. Delve into our evaluation of “Defensive Driving Courses Can Lower Your Car Insurance Rates.”
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The Impact of Your Location on Ford Five Hundred Insurance Rates
Where you live can have a significant impact on your Ford Five Hundred insurance rates. If you reside in an area with a high population density or a high rate of vehicle theft and accidents, your insurance premiums may be higher. Unlock details in our article titled “Anti Theft System Car Insurance Discount.”
This is because insurance providers take into account the likelihood of claims based on the location in which a vehicle is primarily driven and parked. Additionally, factors like weather conditions and local driving habits can also influence insurance rates.
Examining the Safety Features That Can Lower Insurance Costs for a Ford Five Hundred
Ford Five Hundred models may come equipped with various safety features that can potentially lower insurance costs. Systems such as anti-lock brakes, airbags, electronic stability control, and collision warning systems can enhance the safety of your vehicle and reduce the risk of accidents and injuries.
Many insurance providers offer discounts for cars equipped with these safety features. Therefore, it is advisable to check with your insurer about available discounts for safety features in your Ford Five Hundred. Discover insights in our article titled “Best Safety Features Car Insurance Discounts.”
Understanding the Deductible Options and Their Effect on Ford Five Hundred Insurance Premiums
The deductible is the amount you pay out of pocket when filing an insurance claim before your coverage kicks in. Choosing a higher deductible typically leads to lower insurance premiums, while a lower deductible usually results in higher premiums. Learn more in our article titled “How does the insurance company determine my premium?”
When deciding on a deductible for your Ford Five Hundred, consider your budget, risk tolerance, and the value of your vehicle. It is crucial to strike a balance between a deductible amount that you can comfortably afford and one that still provides meaningful savings on your insurance premiums.
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The Role of Age and Driving Experience in Determining Ford Five Hundred Car Insurance Rates
Your age and driving experience can also impact the cost of insuring a Ford Five Hundred. Younger drivers, particularly teenagers, often face higher insurance rates due to their lack of driving experience and higher risk profiles. Similarly, newly licensed drivers or individuals with less driving experience may also pay higher premiums.
However, as you accumulate more driving experience without any major violations or accidents, you may become eligible for lower insurance rates. Insurers often offer discounts for drivers who have completed recognized driver education courses or defensive driving programs. See more details on our “Best Safe Driver Car Insurance Discounts.”
Exploring Discounts Available Specifically for Insuring a Ford Five Hundred
When it comes to insuring a Ford Five Hundred, certain insurance providers may offer discounts specific to this make and model. These discounts can potentially help reduce your insurance costs further. Some insurers offer loyalty discounts for customers who have insured their Ford Five Hundred with them for an extended period.
Additionally, specific anti-theft features, such as alarm systems or vehicle tracking devices, may also lead to discounts. It is worth exploring these options and asking your insurer about any available Ford Five Hundred-specific discounts. Check out insurance savings in our complete “Lesser Known Car Insurance Discounts.”
Comparing Comprehensive and Collision Coverage Options for a Ford Five Hundred
Comprehensive and collision coverage options are additional types of coverage you can consider for your Ford Five Hundred. Collision coverage protects your vehicle in the event of a collision, regardless of fault.
On the other hand, comprehensive coverage covers damage caused by non-collision incidents such as theft, vandalism, or natural disasters. When deciding whether to add these coverages to your policy, consider the value of your Ford Five Hundred and the potential cost of repairs or replacements.
It may be beneficial to include comprehensive and collision coverage if your vehicle holds a significant value or if you live in an area prone to accidents, thefts, or severe weather conditions. Discover more about offerings in our “Collision vs. Comprehensive Car Insurance.”
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Tips for Getting the Best Deal on Ford Five Hundred Car Insurance
Securing the best deal on your Ford Five Hundred car insurance requires careful consideration and research. Start by comparing quotes from multiple insurance providers to get an idea of the range of prices offered. Consider working with an independent insurance agent who can help you navigate the insurance landscape and find the best deals.
Laura Walker Former Licensed Agent
Regularly review your coverage to avoid paying for what you don’t need. Also, maintaining a clean driving record, exploring discounts, and using cost-saving strategies can help secure the best deal on your Ford Five Hundred car insurance. Access comprehensive insights into our “Ford Car Insurance Discount.”
Keep these tips in mind to make informed choices about your Ford Five Hundred’s insurance. Regularly updating and researching your policy options can ensure it meets your changing needs, offering peace of mind as you drive.
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Frequently Asked Questions
What factors affect the cost of Ford Five Hundred car insurance?
The cost of Ford Five Hundred car insurance can be affected by various factors such as the driver’s age, location, driving history, coverage limits, deductibles, and the insurance company’s rates.
For additional details, explore our comprehensive resource titled “Cheapest Car Insurance for 23-Year-Old Drivers.”
Is Ford Five Hundred car insurance more expensive for younger drivers?
In general, younger drivers tend to have higher insurance rates due to their lack of driving experience. Therefore, Ford Five Hundred car insurance may be more expensive for younger drivers compared to older, more experienced drivers.
Does the location of the driver impact Ford Five Hundred car insurance rates?
Yes, the location of the driver plays a role in determining the insurance rates for Ford Five Hundred. If you live in an area with high crime rates or a high number of accidents, you may be charged higher insurance premiums.
Can I lower the cost of Ford Five Hundred car insurance?
Yes, there are several ways to potentially lower the cost of Ford Five Hundred car insurance. You can consider increasing your deductibles, maintaining a clean driving record, bundling your car insurance with other policies, and asking your insurance provider about any available discounts.
Are there any specific safety features that can reduce Ford Five Hundred car insurance rates?
Yes, certain safety features can help lower the cost of Ford Five Hundred car insurance. Features such as anti-lock brakes, airbags, anti-theft devices, and electronic stability control can potentially qualify you for discounts on your insurance premiums.
To find out more, explore our guide titled “Car Driving Safety Guide for Teens and Parents.”
Are Fords more expensive to insure?
Generally, insurance for Ford vehicles is reasonably priced for the majority of drivers. Certain Ford models—such as the Bronco Sport, Escape, and Edge—are cheaper to insure compared to Ford’s larger models, including the Transit and Expedition.
Who is known for cheapest car insurance?
According to our research, USAA, Nationwide, Travelers, Erie, Geico, and Progressive are the most affordable car insurance providers across the country.
What insurance does Ford use?
Ford Insure is underwritten by Nationwide Insurance Company Of America (NICOA) in California, Nationwide General Company in New York, and by Nationwide Mutual Insurance Company and affiliates in all other states.
What is the least amount of car insurance coverage?
The basic car insurance typically required is state-mandated liability coverage, which covers some or all injuries and damages for which you’re liable in an accident. Commonly, states require liability limits of $25,000/$50,000/$25,000, representing $25,000 for bodily injury per person.
To learn more, explore our comprehensive resource on “How can I find a reputable auto body shop to repair my vehicle after an accident?”
What payment plans did Ford use to make cars more affordable?
In 1923, responding to the growing trend of purchasing cars on credit, Ford Motor Company introduced the Ford Weekly Purchase Plan. Customers would deposit five dollars weekly into a bank until they had saved up enough for a new Model T.
Are older cars cheaper to insure?
Typically, auto insurance for older cars can be less expensive than for newer versions of the same make and model, especially if the older vehicle is less costly to repair or replace.
Understanding how insurance works can feel complicated, but finding affordable rates doesn’t have to be. Enter your ZIP code below for the best insurance rates possible.
What is the most expensive car to insure?
The priciest cars to insure monthly, based on national insurance averages, are: Maserati Quattroporte: $419 per month, Audi R8: $381 per month, and BMW i8: $364 per month.
Is a Ford extended warranty worth it?
Generally, a Ford extended warranty may be beneficial as the brand typically has lower reliability ratings compared to other manufacturers, suggesting a higher need for repairs.
Learn more by reading our guide titled “How To Get Free Insurance Quotes Online.”
What is the best full coverage car insurance?
State Farm, Erie, and USAA offer the most affordable full coverage quotes. With a monthly rate of $124, State Farm provides the cheapest full coverage insurance for many drivers.
Does being married affect a car insurance rate?
Yes, married couples usually enjoy lower premiums than single individuals, as insurers often see them as more financially stable and experienced, leading to fewer accidents and claims. The national monthly average cost of car insurance for a single 40-year-old driver is approximately $168.
What cars are hard to insure?
Generally, certain companies might not offer policies or could have limitations on insuring vehicles such as vans that carry 12 or more passengers, camper vans, cargo vans, step vans, vehicles used for commercial purposes, or those that are customized or modified.
Which insurance company is most expensive?
Based on our data, The Hanover Insurance Group typically has the highest car insurance rates, with their average monthly premiums for both liability and full-coverage exceeding the national average by over 400%.
At what age is car insurance cheapest?
Car insurance is most affordable for drivers aged 35 to 55. For teenagers, car insurance is particularly costly due to their higher accident risk, but the monthly rates drop significantly as they move into their 20s and gain more dependable driving experience.
Access comprehensive insights into our guide titled “Best Car Insurance for 21-Year-Old Drivers.”
Who is most likely to pay a low premium for automobile insurance?
Insurance companies assess your driving history to determine your monthly insurance rates. Typically, safer drivers who are less likely to be involved in accidents pay lower auto insurance premiums.
Who is State Farm’s biggest competitor?
State Farm and Geico, as the largest auto insurers in the U.S., offer a range of options from minimum to full coverage that suits most drivers’ needs. However, some distinct differences in their auto insurance offerings should be noted.
Stop overpaying for your insurance by entering your ZIP code below to find the lowest rates in your area.
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Jimmy McMillan
Licensed Insurance Agent
Jimmy McMillan is an entrepreneur and the founder of HeartLifeInsurance.com, an independent life insurance brokerage. His company specializes in life insurance for people with heart problems. He knows personally how difficult it is to secure health and life insurance after a heart attack. Jimmy is a licensed insurance agent from coast to coast who has been featured on ValientCEO and the podcast...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
