Are you looking for cheaper car insurance rates in Durham, NC? Durham drivers have lots of choices when trying to find low-cost Ford Fusion insurance. They can either waste time contacting agents to get rate comparisons or save time using the internet to make rate comparisons.
There are both good and bad ways to find car insurance online and you need to know the quickest way to compare rates for a new or used Ford and locate the best price possible either online or from Durham insurance agents.
Consumers need to get comparison quotes before your next renewal since rates are constantly changing. Even if you think you had the lowest rate on Ford Fusion insurance in Durham six months ago a different company probably has better prices today. Block out anything you think you know about car insurance because we’re going to show you the quickest way to save money, get proper coverage and the best rates.
The easiest way to get policy rate comparisons for Ford Fusion insurance in Durham utilizes the fact most of the larger companies will pay a fee to give you rate quotes. To get started, all you need to do is give the companies some data like the type of vehicles you drive, your general credit rating, how much school you completed, and if your license is active. The rating information is automatically sent to insurance carriers in your area and they return rate quotes very quickly.
To compare rates for your Ford Fusion now, click here and enter your coverage details.
The companies shown below are ready to provide free rate quotes in Durham, NC. If you wish to find cheap auto insurance in Durham, NC, we suggest you visit two to three different companies to get the best price comparison.
Why you need Ford vehicle insurance in North Carolina
Even though it’s not necessarily cheap to insure a Ford in Durham, paying for auto insurance is a good idea for several reasons.
First, most states have minimum mandated liability insurance limits which means the state requires specific limits of liability insurance coverage if you want to drive legally. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your car has a lienholder, it’s most likely the lender will stipulate that you carry insurance to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the bank may insure your Ford for a much higher rate and force you to pay for the much more expensive policy.
Third, insurance protects both your Ford Fusion and your personal assets. It will also cover hospital and medical expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, your policy will cover the repair costs.
The benefits of buying auto insurance outweigh the cost, particularly for liability claims. In a recent study of 1,000 drivers, the average customer is overpaying over $700 annually so you should quote rates at every renewal to be sure current rates are still competitive.
Ford Fusion insurance statistics and information
The premium information shown below showcases estimates of insurance costs for Ford Fusion models. Having a good understanding how insurance prices are formulated can be useful when making decisions on which insurance to purchase.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$120||$218||$234||$14||$70||$656||$55|
|Fusion SE 4-Dr Sedan||$136||$256||$234||$14||$70||$710||$59|
|Fusion Hybrid 4-Dr Sedan||$136||$294||$292||$18||$88||$828||$69|
|Fusion SEL 4-Dr Sedan||$136||$256||$234||$14||$70||$710||$59|
|Fusion Sport 4-Dr Sedan||$136||$256||$234||$14||$70||$710||$59|
|Fusion SEL AWD 4-Dr Sedan||$152||$294||$234||$14||$70||$764||$64|
|Fusion Sport AWD 4-Dr Sedan||$152||$294||$234||$14||$70||$764||$64|
|Get Your Own Custom Quote Go|
Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Table data does not factor in vehicle garaging location which can modify premiums significantly.
Full coverage or liability only
The example below visualizes the comparison of Ford Fusion insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums are based on no claims or driving violations, $1,000 deductibles, drivers are not married, and no other discounts are factored in.
When to drop full coverage
There is no clear-cut rule to stop paying for full coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision 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 Fusion book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, you would only receive $6,000 after paying your deductible. If you are currently paying more than $600 a year for comprehensive and collision coverage, then it could be time to drop full coverage.
There are a few situations where eliminating full coverage is not a good idea. If you haven’t paid off your loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not eliminate full coverage.
Cheaper rates on Ford Fusion insurance in Durham with these discounts
Insurance can be prohibitively expensive, but there’s a good chance there are discounts that could help you make your next renewal payment. Larger premium reductions will be automatically applied when you complete an application, but some need to be specifically requested before you get the savings.
- Auto/Home Discount – If you insure your home and vehicles and insure them both with the same insurance company you will save 10% to 20% off each policy.
- Club Memberships – Being a member of specific professional or occupational memberships or organizations is a simple method to lower premiums on insurance.
- Good Driver Discount – Insureds who avoid accidents could pay up to 40% less than less cautious drivers.
- Federal Government Employee – Simply working for the federal government could provide a small rate reduction depending on your company.
- Low Mileage Discounts – Driving fewer miles may enable drivers to earn lower premium rates on the low mileage vehicles.
- Seat Belts Save – Drivers who require all occupants to use a seat belt can save 10% or more on medical payment and PIP coverage.
Don’t be shocked that most of the big mark downs will not be given to the entire policy premium. Some only reduce the price of certain insurance coverages like liability and collision coverage. If you do the math and it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. Any amount of discount will help lower the amount you pay for coverage.
The illustration below illustrates the comparison of Ford Fusion car insurance costs with and without discounts applied to the policy rates. The premiums assume a female driver, no violations or accidents, North Carolina state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, safe-driver, multi-policy, marriage, and multi-car discounts applied.
Some of the insurance companies that may include some of the discounts shown above include:
Before you buy a policy, ask every company which discounts you qualify for. Some of the earlier mentioned discounts might not be offered on policies in every state. To choose companies with discount rates in Durham, follow this link.
What if I want to buy from local Durham insurance agents?
Many drivers prefer to talk to a local agent and that is a personal choice. Professional insurance agents can make sure you are properly covered and help in the event of a claim. An additional benefit of comparing rate quotes online is the fact that you can find cheap rate quotes but still work with a licensed agent. And providing support for local agencies is definitely important in Durham.
After filling out this form (opens in new window), your insurance coverage information is sent to agents in your area who will give competitive quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to search for an agent because quoted prices will be sent directly to you. If you want to compare rates from a specific insurance company, you would need to find their quoting web page to submit a rate quote request.
If you want local Durham agents, there are two different types of agencies and how they can write your policy. Agents are categorized either independent agents or exclusive agents. Both types of agents can write policy coverage, but it is a good idea to know how they are different since it could factor into the type of agent you choose.
Independent Insurance Agents
Independent agents are not employed by one company and that is an advantage because they can write policies through many companies and potentially find a lower price. If premiums increase, your agent can switch companies without you having to go to a different agency.
When comparing insurance prices, we recommend you get some free quotes from multiple independent agents to get the best comparison. Most can insure with different regional companies which may provide better rates.
Shown below are Durham independent agents who can help you get cheap rate quotes.
- Triangle Insurance Alliance
2530 Meridian Pkwy #300 – Durham, NC 27713 – (919) 322-3640 – View Map
- Bowen Agency, Inc.
4905 Pine Cone Dr Suite 5 – Durham, NC 27707 – (919) 929-4222 – View Map
- The Insurance Pros, Inc.
1210 Cole Mill Rd Suite 101 – Durham, NC 27705 – (919) 294-6613 – View Map
Agents that choose to be exclusive can only place business with one company and examples are Farmers Insurance, Allstate, or State Farm. Exclusive agents are unable to give you multiple price quotes so you need to shop around if the rates are high. These agents are well schooled on their company’s products which helps them compete with independent agents. Consumers often buy from exclusive agents primarily because of the brand name rather than having the cheapest rates.
The following is a short list of exclusive agents in Durham that are able to give price quotes.
- Nationwide Insurance: Craig Insurance Group Inc
6224 Fayetteville Rd #106a – Durham, NC 27713 – (919) 544-8484 – View Map
- Ashley Manuel – State Farm Insurance Agent
5842 Fayetteville Rd #112 – Durham, NC 27713 – (919) 544-8101 – View Map
- Allstate Insurance Agent: Michelle Riley
6015 Fayetteville Rd Ste 115 – Durham, NC 27713 – (919) 544-2155 – View Map
Selecting an insurance agent needs to be determined by more than just a cheap price. A good agent in Durham will have answers to these questions.
- When do they do policy reviews?
- Do they assist clients in filing claims?
- Do they have 24-hour customer assistance?
- Can you use your own choice of collision repair facility?
- Do they specialize in personal lines auto insurance in Durham?
How do I know if I need professional advice?
When buying a policy for your personal vehicles, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that can aid in determining whether you may require specific advice.
- Will I be non-renewed for getting a DUI or other conviction?
- What are the best liability limits?
- Is borrowed equipment or tools covered if stolen or damaged?
- Do I have newly-acquired coverage?
- Is pet coverage available?
- What states are considered no-fault?
- Am I covered if hit by an uninsured driver?
- When can I cancel my policy?
If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and you can get the answers you need.
Lower rates by being persistent
Cheaper auto insurance in Durham can be sourced on the web and also from your neighborhood Durham agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who may not offer rates over the internet and most of the time these smaller providers sell through local independent agencies.
People switch companies for many reasons like being labeled a high risk driver, an unsatisfactory settlement offer, extreme rates for teen drivers or high prices. No matter why you want to switch, finding a new auto insurance company is pretty easy and you might even save some money in the process.
When getting Durham car insurance quotes online, it’s very important that you do not buy poor coverage just to save money. There have been many cases where someone sacrificed full coverage and found out when filing a claim that the few dollars in savings costed them thousands. The ultimate goal is to get the best coverage possible at the best possible price while still protecting your assets.
Steps to finding affordable quotes for Ford Fusion insurance in Durham
If you want to find the absolute lowest rates, then the best way to save money on auto insurance rates is to compare prices regularly from different companies that sell auto insurance in Durham. Prices can be compared by completing these steps.
Step 1: Get a basic knowledge of the different coverages in a policy and the things you can control to prevent expensive coverage. Many things that drive up the price like speeding tickets, careless driving and a low credit rating can be improved by being financially responsible and driving safely.
Step 2: Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like GEICO and Allstate, while agents who are independent can provide prices for many different companies.
Step 3: Compare the new rate quotes to your existing rates and determine if there is any savings. If you find better rates and decide to switch, ensure coverage does not lapse between policies.
Step 4: Notify your agent or company of your intent to cancel your current auto insurance policy. Submit payment and a completed application to your new carrier. Be sure to store the certificate verifying coverage in an easily accessible location.
One piece of advice is that you use identical limits and deductibles on each quote and to quote with as many companies as you can. This provides an apples-to-apples comparison and a thorough price selection.
More tips and info about auto insurance is available in these articles:
- Collision Insurance Coverage (Nationwide)
- Who Has the Cheapest Durham Car Insurance Rates for Single Moms? (FAQ)
- How Much are Car Insurance Rates for Real Estate Agents in Durham? (FAQ)
- Auto Theft Statistics (Insurance Information Institute)
- Airbag FAQ (iihs.org)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Rental Reimbursement Coverage (Allstate)