Finding cheap auto insurance for a Ford Escape depends on a whole bunch of rating criteria such as the safety rating for your Escape, your credit status, and your policy deductibles. Drivers pay around $791 annually for Escape insurance, but that cost is an approximation calculated using a 40-year-old single male driver with full coverage and $100 deductibles.
The problem with using this number is the good chance you aren’t exactly 40 years old or even a male, you might be married instead of single, or you just want cheap liability insurance instead of full coverage. Have just a small change in rating factors or requested coverage amount can result in a massive change in how much insurance for a Ford Escape costs.
Insurance is an individual thing, so the only real way to find cheap insurance prices for your Ford is to compare as many rates as you can.
The specific trim level tends to have a direct impact on the insurance rate, so the rate you pay to insure a Escape XLS 2WD trim level will cost $108 less than the cost to insure the more expensive Escape Limited 4WD trim level, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$182||$366||$256||$16||$76||$896||$75|
|Escape XLS 4WD||$182||$366||$256||$16||$76||$896||$75|
|Escape XLT 2WD||$182||$366||$256||$16||$76||$896||$75|
|Escape Limited 2WD||$210||$366||$256||$16||$76||$924||$77|
|Escape XLT 4WD||$210||$366||$256||$16||$76||$924||$77|
|Escape Limited 4WD||$210||$446||$256||$16||$76||$1,004||$84|
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Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Prices do not factor in specific location which can revise auto insurance rates substantially.
Figuring out which companies offer the lowest-priced auto insurance rates for a Ford Escape requires more time in order to find the best price.
Every insurance company uses their own calculation to set their prices, so we’ll take a look at the auto insurance companies with the overall cheapest rates in Durham. It’s important that you understand Durham, NC auto insurance rates are impacted by many things that may substantially change the price of your policy. Simply having a birthday, having a claim, or getting a couple of tickets can trigger changes in premium that can now make some companies cheaper than others.
Find Cheaper Auto Insurance for Your Escape
|Rank||Company||Cost Per Year|
|4||NC Farm Bureau||$737|
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Utica National normally has some of the most affordable car insurance rates in Durham at around $655 per year. This is $217 less than the average rate paid by North Carolina drivers of $872. Progressive, Liberty Mutual, NC Farm Bureau, and Titan also make the cut as some of the most economical Durham, NC auto insurance companies.
In the above example, if you buy coverage from Titan and switched to Progressive, you might achieve savings of about $79. Drivers with Penn National may save as much as $81 a year, and GEICO policyholders might see rate reductions of $84 a year.
To compare your rates to other North Carolina insurance companies, click here to start a quote or quote prices from the following companies.
It’s important to note that these prices are averaged for all types of insureds and vehicles and do not take into consideration an exact zip code location for a Ford Escape. So the auto insurance company that can offer the best rates for your situation may not even be in the list above. That affirms the importance of why you need to get quotes using your own specific driver and vehicle information.
The chart below demonstrates how deductibles can affect insurance rates when searching for cheap insurance for a Ford Escape. The rates are based on a married male driver, full coverage, and no additional discounts are factored in.
In the chart above, a 30-year-old driver could save $198 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $304 by changing to a $1,000 deductible. Younger drivers, like the age 20 example, could drop their prices $598 every year by using a higher deductible.
When choosing a higher deductible, it is important to have additional funds in a savings account to satisfy the extra out-of-pocket expense, which deters some people from using high deductibles.
Get discounts on Durham insurance rates
Auto insurance companies that provide coverage for a Ford Escape may also offer discounts that could potentially reduce rates by 30% or more if you qualify for them. A list of auto insurance companies and a selection of discounts are shown below.
- GEICO may have discounts that include seat belt use, five-year accident-free, multi-vehicle, military active duty, membership and employees, daytime running lights, and anti-lock brakes.
- SAFECO offers discounts including anti-theft, accident prevention training, multi-car, drive less, teen safety rewards, and safe driver.
- State Farm has discounts for anti-theft, driver’s education, accident-free, safe vehicle, and multiple autos.
- MetLife may offer discounts for multi-policy, claim-free, accident-free, good student, and good driver.
- 21st Century has savings for theft prevention, driver training, air bags, good student, and teen driver.
- Progressive offers premium reductions for homeowner, multi-vehicle, continuous coverage, online quote discount, online signing, good student, and multi-policy.
The example below illustrates the comparison of auto insurance rates with and without discounts applied to the rates. The premium estimates are based on a male driver, a clean driving record, no claims, North Carolina state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows the price with no discounts. The lower bar shows the rates with multiple vehicle, passive restraint, anti-theft, marriage, multiple policy, and homeowner discounts applied. When drivers qualify for the discounts, theaverage yearly reduction on auto insurance for a Ford Escape is 27% or $398.
Tips to find more affordable insurance for a Ford Escape
Below you’ll find some penny-pinching solutions that can help you quote lower-cost coverage.
- Do not file small claims
- Prevent price hikes by avoiding at-fault accidents
- Do not get traffic tickets
- Buy your auto and home insurance from the same company and save
- Safe vehicles cost less to insure
- Shop around for cheaper prices often
The last idea is particularly important, as was stressed in this piece. Car insurance rates in Durham can change significantly in a year, so don’t hesitate to buy from a different company if a more affordable price is available.
Staying with the same car insurance company is fine, but is isn’t recommended if that loyalty results in overpaying money that could be going to better use. If you have a few minutes, compare prices and find cheaper car insurance for a Ford Escape.
The Durham car insurance agencies listed below can help you decide which auto insurance policy would work best for you, as some drivers aren’t sure which coverage they need and prefer to get some professional input when shopping for the best coverage for a Ford Escape. It’s not always easy to find the cheapest auto insurance company, so insurance agents can provide you satisfaction knowing your policy gives you adequate protection.
To locate a Durham insurance agent in your neighborhood, click the button link following the list or click here to compare rates now.
- Hix Insurance Center
1533 Glenn School Road, Building C Unit A-14 – Durham, NC 27704 – (919) 220-3031
- Tracey Stidham – State Farm Insurance Agent
3622 Shannon Rd #102 – Durham, NC 27707 – (919) 401-6147
- The Insurance Pros, Inc.
1210 Cole Mill Rd Suite 101 – Durham, NC 27705 – (919) 294-6613