It’s easy to assume that car insurance companies don’t want you comparing rates. People who shop rates annually will probably buy a different policy because there are good odds of finding a cheaper policy. A recent study showed that consumers who shopped around saved as much as $3,500 over four years compared to drivers who never shopped around for lower prices.
If finding the lowest price for car insurance in Cincinnati is your goal, then learning a little about how to shop and compare insurance can save money and time.
It takes a little time, but the best way to get discount Ford Fiesta insurance in Cincinnati is to do a yearly price comparison from insurance carriers in Ohio.
First, try to comprehend what is in your policy and the things you can change to prevent rate increases. Many rating factors that increase rates such as at-fault accidents, speeding tickets, and poor credit can be eliminated by making minor changes to your lifestyle. This article gives instructions to keep prices down and find more discounts that you may not know about.
Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from one company like GEICO and State Farm, while agents who are independent can quote rates for a wide range of insurance providers.
Third, compare the quotes to your existing rates to determine if switching companies saves money. If you find a lower rate quote and buy the policy, ensure coverage does not lapse between policies.
The key thing to remember is to make sure you’re comparing identical deductibles and limits on every quote and and to analyze as many different insurance providers as possible. This guarantees a fair rate comparison and and a good selection of different prices.
Cheapest companies for Ford Fiesta insurance in Ohio
The providers in the list below provide free rate quotes in Ohio. To buy the best cheap car insurance in Cincinnati, we recommend you visit several of them in order to find the cheapest rates.
How Insurance Companies Determine Ford Fiesta Insurance Costs
When buying auto insurance it’s important to understand a few of the rating criteria that go into determining auto insurance rates. If you know what influences your rates, this enables informed choices that may reward you with lower auto insurance prices.
The list below includes some of the items auto insurance companies consider when setting your prices.
No insurance claims equals cheaper prices – If you file a lot of claims you can definitely plan on either a policy non-renewal or much higher rates. Car insurance companies in Ohio give discounts to people who do not rely on their insurance for small claims. Your insurance policy is intended for more catastrophic claims.
Your spouse saves you money – Being married actually saves money when shopping for auto insurance. Having a significant other usually means you are more financially stable and it’s proven that married drivers get in fewer accidents.
Men tend to take more risk – Over the last 30 years, statistics show that females take fewer risks when driving. The data does not necessarily mean that females are better drivers. Males and females have auto accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Men also statistically get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly. Teenage male drivers have the highest risk to insure and therefore have the most expensive auto insurance rates.
Careless drivers pay higher costs – Attentive drivers get better rates than their less careful counterparts. Just one citation may cause rates to rise twenty percent or more. People who have severe violations such as DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to keep their license.
Safer the car lower the rate – Cars with five star safety ratings are cheaper to insure. These vehicles protect occupants better and reduced instances of injuries translates directly to fewer claims and lower rates for you. If your Ford Fiesta earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
Is your vehicle theft-ready? – Purchasing a vehicle with a theft deterrent system can help bring down rates. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft.
Insurance losses for a Ford Fiesta – Auto insurance companies use claims history in order to profitably underwrite each model. Models that statistically have higher losses will have increased rates. The table below demonstrates the collected loss data for Ford Fiesta vehicles.
For each policy coverage, the claim probability for all vehicles, as a total average, is considered to be 100. Values that are below 100 represent a good loss history, while values that are above 100 show a trend for more claims or tendency to have higher losses.
| Specific Ford Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Ford Fiesta | 96 | 91 | 73 | 115 | 123 | 113 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Auto insurance quotes and discounts
Companies offering auto insurance don’t always advertise the entire discount list in an easy-to-find place, so below is a list some of the more common and also the more inconspicuous discounts that you can inquire about if you buy Cincinnati car insurance online.
- Discount for Low Mileage – Driving less could be rewarded with lower premium rates due to less chance of an accident.
- Online Discount – A handful of insurance companies provide a small discount get Cincinnati car insurance over the internet.
- Own a Home – Being a homeowner can save a few bucks since home ownership is proof that your finances are in order.
- Save over 55 – If you qualify as a senior citizen, you are able to get a small discount on rates.
- Multiple Policy Discount – If you can combine your auto and homeowners policy with the same insurance company you could earn a discount of approximately 10% to 15%.
A little note about advertised discounts, some of the credits will not apply to the whole policy. Some only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, companies don’t profit that way.
A list of companies and their offered discounts are shown below.
- GEICO has savings for military active duty, good student, multi-policy, seat belt use, five-year accident-free, membership and employees, and emergency military deployment.
- USAA offers discounts including family discount, loyalty savings, annual mileage, new vehicle, driver training, and vehicle storage.
- Progressive includes discounts for online quote discount, online signing, multi-policy, good student, and continuous coverage.
- American Family offers discounts for air bags, defensive driver, Steer into Savings, good driver, good student, early bird, and multi-vehicle.
- Esurance may include discounts for renters, claim free, homeowner, defensive driver, and online quote.
- Farmers Insurance discounts include homeowner, good student, bundle discounts, distant student, and teen driver.
- State Farm policyholders can earn discounts including passive restraint, good student, good driver, multiple policy, multiple autos, and accident-free.
If you want affordable Ford Fiesta insurance quotes, ask each company or agent which discounts can lower your rates. Some of the earlier mentioned discounts might not be offered on policies in every state.
Local Cincinnati car insurance agents
Many drivers just prefer to go talk to an agent. The biggest benefit of comparing rate quotes online is you can get the lowest rates but also keep your business local.
Once you complete this short form, the coverage information is emailed to participating agents in Cincinnati that can give you free Cincinnati car insurance quotes for your insurance coverage. You won’t even need to search for an agent since rate quotes are delivered straight to your inbox. You’ll get the best rates AND an agent nearby. If you need to get a rate quote from one company in particular, don’t hesitate to visit that company’s website and complete a quote there.
Picking an insurance company requires you to look at more than just the bottom line cost. Get answers to these questions too.
- Can they provide you with a list of referrals?
- How often do they review policy coverages?
- Did they already check your driving record and credit reports?
- Who are their largest clients?
- Is assistance available after office hours?
- Has the agent ever had any license suspensions?
- Do they see any coverage gaps in your plan?
If you are wanting to purchase insurance from a local agent, it helps to know the two different types of agencies and how they can write your policy. Cincinnati agents can be categorized as either exclusive or independent (non-exclusive).
Exclusive Insurance Agencies
Agents in the exclusive channel normally can only provide a single company’s rates such as Allstate and State Farm. They are unable to shop your coverage around so you might not find the best rates. They are very knowledgeable in insurance sales which helps them sell on service rather than price. Consumers often buy from exclusive agents partially due to the prominent brand name instead of buying on price only.
Below are exclusive insurance agents in Cincinnati who can help you get price quote information.
- Mike Albrinck – State Farm Insurance Agent
9018 Reading Rd – Cincinnati, OH 45215 – (513) 563-9099 – View Map - Brad Robbins – State Farm Insurance Agent
3111 Mozart Ave – Cincinnati, OH 45211 – (513) 662-2200 – View Map - Jackie Meadows – State Farm Insurance Agent
2036 8 Mile Rd – Cincinnati, OH 45244 – (513) 474-4940 – View Map
Independent Insurance Agents
Independent agents are appointed with more than one company and that gives them the ability to insure with multiple insurance companies and get you the best rates possible. To move your coverage to a new company, they simply switch companies in-house which is easy for the insured.
When comparing insurance prices, you should always check rates from several independent insurance agents to ensure the widest selection of prices. Most also write with companies you’ve never heard of which can save you money.
The following is a short list of independent insurance agents in Cincinnati who can help you get comparison quotes.
- Dabbelt Insurance LLC
5932 Glenway Ave – Cincinnati, OH 45238 – (513) 451-8050 – View Map - R G Mc Graw Insurance Inc
324 E 4th St – Cincinnati, OH 45202 – (513) 381-7881 – View Map - Hettesheimer Insurance Agency Inc.
3254 Montana Ave #1000 – Cincinnati, OH 45211 – (513) 661-7581 – View Map
If you feel you receive acceptable answers to these questions and a low price estimate, you may have just found an insurance agent that is reputable and can adequately provide insurance. But remember, you have the power to cancel your coverage at any point so don’t think that you are permanently stuck with any particular company with no way out.
In Summary
We covered many tips how you can lower your Ford Fiesta insurance premium rates in Cincinnati. The most important thing to understand is the more providers you compare, the better likelihood of getting inexpensive Cincinnati car insurance quotes. You may even discover the best premium rates are with an unexpected company.
Cheaper Ford Fiesta insurance in Cincinnati can be found on the web and also from your neighborhood Cincinnati agents, so get free Cincinnati car insurance quotes from both of them to have the best selection. Some insurance companies may not have the ability to get quotes online and many times these smaller companies only sell through independent agents.
When buying insurance coverage, it’s not a good idea to sacrifice coverage to reduce premiums. There are too many instances where an insured dropped comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. Your goal should be to find the BEST coverage at the best price, but do not skimp to save money.
To read more, take a look at the resources below:
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Anti-Lock Brake FAQ (iihs.org)
- Young Drivers: The High Risk Years Video (iihs.org)