The recommended way to get cheaper Ford Fusion insurance is to compare quotes once a year from insurance carriers in Cincinnati.
- Step 1: Read about how insurance works and the measures you can control to lower rates. Many factors that cause rate increases like tickets, at-fault accidents, and a low credit rating can be remedied by making small lifestyle or driving habit changes. This article gives the details to prevent high rates and earn a bigger discount.
- Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO or State Farm, while agents who are independent can provide price quotes for a wide range of companies.
- Step 3: Compare the new rates to the premium of your current policy and determine if cheaper Fusion coverage is available. If you find a lower rate quote and switch companies, make sure coverage is continuous and does not lapse.
- Step 4: Provide notification to your current company of your intent to cancel your current coverage and submit any necessary down payment along with the completed application for your new coverage. Once coverage is bound, place the new proof of insurance certificate along with the vehicle’s registration papers.
A good tip to remember is that you’ll want to make sure you compare the same coverage limits and deductibles on each quote request and and to get prices from as many auto insurance providers as possible. Doing this guarantees a level playing field and a complete rate analysis.
It’s a fact that insurance companies don’t want policyholders to compare prices from other companies. Insureds who get comparison quotes once a year will most likely buy a different policy because of the good chance of finding a more affordable policy premium. Remarkably, a study showed that drivers who regularly compared price quotes saved over $3,500 over four years compared to people who don’t regularly compare prices.
If finding the best rates on insurance is your ultimate goal, then having some knowledge of how to get free comparison quotes and analyze coverage rates can make it easier for you to save money.
Learn How to Lower Your Insurance Premiums
Many different elements are considered when you get your auto insurance bill. Some factors are common sense like your driving record, although some other factors are more transparent such as whether you are married or your commute time. An important part of buying insurance is that you know some of the factors that help calculate the price you pay for car insurance. When consumers understand what determines premiums, this enables you to make decisions that could help you find lower premium levels.
Get hitched and pay less – Getting married actually saves money on your car insurance policy. Marriage may mean you are more financially stable it has been statistically shown that being married results in fewer claims.
Better drivers pay less – Good drivers tend to pay less for car insurance than their less careful counterparts. Getting just one chargeable violation can increase rates substantially. Drivers who have license-revoking tickets like reckless driving, hit and run or driving under the influence are required to complete a SR-22 with the DMV in their state in order to keep their license.
The chart below shows how speeding tickets and at-fault accidents impact Ford Fusion auto insurance costs for each different age group. The data is based on a single male driver, full coverage, $100 deductibles, and no discounts are applied.
Keep insurance claims to a minimum – If you’re an insured who likes to file claims you can expect either policy cancellation or increased premiums. Companies in Ohio award cheaper rates to drivers who do not file claims often. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
Credit history impacts prices – Having a bad credit rating can be a huge factor in calculating your car insurance rates. Drivers who have excellent credit tend to be more responsible and file fewer claims as compared to drivers with lower ratings. Therefore, if your credit history is low, you could pay less to insure your Ford Fusion if you clean up your credit.
Big city or small town – Choosing to live in a small town can be a good thing when talking about car insurance. Residents of big cities have to deal with much more traffic and higher rates of accident claims. Fewer drivers and short commutes translates into fewer accidents as well as less vandalism and auto theft.
Deter vehicle theft – Driving a car with anti-theft technology or alarm system can help lower your premiums. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar help track and prevent auto theft and help lower rates.
Ford Fusion claim statistics – Auto insurance companies take into consideration historical loss data for every vehicle to determine a rate that will be profitable for them. Models that are shown to have higher number or severity of losses will cost more for coverage. The next table shows the historical insurance loss data for Ford Fusion vehicles.
For each policy coverage type, the claim amount for all vehicles combined as an average is a value of 100. Values that are below 100 are indicative of better than average losses, while percentage values above 100 point to more losses or statistically larger losses.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Ford Fusion 2WD||110||95||108||116||111||105|
|Ford Fusion 4WD||115||85||120||88||77||71|
|Ford Fusion Hybrid||125||97||98||92||93||95|
|Ford Fusion Plug-in Hybrid||128||87||91||88||91||107|
Statistics from IIHS.org for 2013-2015 Model Years
There are several ways of comparing rate quotes from lots of Ohio car insurance companies. One of the best ways to find the lowest Ford Fusion rates consists of obtaining rate quotes online. When quoting car insurance, remember that comparing more prices helps you find the best rates. Not every company does rate quotes online, so it’s necessary to compare quotes from them as well.
The providers in the list below are ready to provide comparison quotes in Ohio. If you wish to find cheap auto insurance in Cincinnati, we suggest you visit several of them to get a more complete price comparison.
Ford Fusion coverage statistics
The premium information displayed below outlines detailed analysis of rate quotes for Ford Fusion models. Having a good understanding how car insurance prices are established is important for drivers to make informed decisions when comparing rate quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$94||$182||$238||$14||$72||$600||$50|
|Fusion SE 4-Dr Sedan||$106||$214||$238||$14||$72||$644||$54|
|Fusion Hybrid 4-Dr Sedan||$106||$248||$298||$18||$90||$760||$63|
|Fusion SEL 4-Dr Sedan||$106||$214||$238||$14||$72||$644||$54|
|Fusion Sport 4-Dr Sedan||$106||$214||$238||$14||$72||$644||$54|
|Fusion SEL AWD 4-Dr Sedan||$118||$248||$238||$14||$72||$690||$58|
|Fusion Sport AWD 4-Dr Sedan||$118||$248||$238||$14||$72||$690||$58|
|Get Your Own Custom Quote Go|
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Rate information does not factor in your specific Cincinnati location which can raise or lower insurance rates greatly.
Should you raise deductibles?
When buying insurance, a common question is how low should you set your deductibles. The premium rates below may help to illustrate how much more you’ll pay between low and high comp and collision deductibles. The first set of rates uses a $100 physical damage deductible and the second set of prices uses a $500 deductible.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$196||$352||$226||$14||$68||$881||$73|
|Fusion SE 4-Dr Sedan||$220||$416||$226||$14||$68||$969||$81|
|Fusion Hybrid 4-Dr Sedan||$220||$478||$284||$16||$84||$1,107||$92|
|Fusion SEL 4-Dr Sedan||$220||$416||$226||$14||$68||$969||$81|
|Fusion Sport 4-Dr Sedan||$220||$416||$226||$14||$68||$969||$81|
|Fusion SEL AWD 4-Dr Sedan||$246||$478||$226||$14||$68||$1,057||$88|
|Fusion Sport AWD 4-Dr Sedan||$246||$478||$226||$14||$68||$1,057||$88|
|Get Your Own Custom Quote Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$142||$238||$226||$14||$68||$688||$57|
|Fusion SE 4-Dr Sedan||$160||$280||$226||$14||$68||$748||$62|
|Fusion Hybrid 4-Dr Sedan||$160||$324||$284||$16||$84||$868||$72|
|Fusion SEL 4-Dr Sedan||$160||$280||$226||$14||$68||$748||$62|
|Fusion Sport 4-Dr Sedan||$160||$280||$226||$14||$68||$748||$62|
|Fusion SEL AWD 4-Dr Sedan||$180||$324||$226||$14||$68||$812||$68|
|Fusion Sport AWD 4-Dr Sedan||$180||$324||$226||$14||$68||$812||$68|
|Get Your Own Custom Quote Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium costs do not factor in vehicle garaging location which can affect prices noticeably.
We can estimate from the data above that using a $100 deductible will cost you approximately $19 more each month or $228 annually than opting for the higher $500 deductible. Since the policyholder would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you go at a minimum 21 months between claim filings, you would most likely save money by selecting a higher deductible.
How to determine if raising deductibles makes sense
|Average monthly premium for $100 deductibles:||$83|
|Average monthly premium for $500 deductibles (subtract):||– $64|
|Monthly savings from raising deductible:||$19|
|Difference between deductibles ($500 – $100):||$400|
|Divide difference by monthly savings:||$400 / $19|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||21 months|
One thing to be aware of is that a higher deductible means you will have to pay more of your own money when you have a claim. You need enough disposable income in the event you need to pay the deductible.
The illustration below shows how different deductible levels and can influence Ford Fusion insurance prices for different age groups of insureds. The information is based on a single male driver, full physical damage coverage, and no other discounts are factored in.
Age, gender, and Ford Fusion insurance
The information below illustrates the difference between Ford Fusion car insurance rates for male and female drivers. The information is based on no claims or driving citations, comprehensive and collision coverage, $1,000 deductibles, single status, and no discounts are taken into consideration.
Full coverage versus liability-only
The illustration below illustrates the difference between Ford Fusion yearly insurance costs with full coverage and liability only. The premium estimates are based on no claims or violations, $100 deductibles, marital status is single, and no additional discounts are factored in.
When to buy liability coverage only
There is no exact formula to stop buying comp and collision coverage, but there is a general convention. If the annual cost of coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.
For example, let’s pretend your Ford Fusion book value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,000 after the policy deductible has been paid. If premium cost is more than $800 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are some circumstances where only buying liability is not advised. If you still owe money on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.
Best reasons to buy auto insurance in Ohio
Despite the high cost of buying insurance for a Ford Fusion in Cincinnati, insurance serves several important purposes.
First, the majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability coverage if you want to drive legally. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you have a loan on your Fusion, more than likely the lender will require you to carry insurance to guarantee loan repayment. If you do not keep the policy in force, the bank may insure your Ford at a much higher rate and force you to reimburse them much more than you were paying before.
Third, insurance protects both your assets and your Ford Fusion. It will also pay for medical expenses for you, any passengers, and anyone injured in an accident. One of the most valuable coverages, liability insurance, will also pay to defend you if someone files suit against you as the result of an accident. If your Ford gets damaged, comprehensive and collision coverage will cover the repair costs.
The benefits of having insurance more than offset the price you pay, particularly for liability claims. According to a survey of 1,000 drivers, the average driver overpays more than $820 a year so you should quote your policy with other companies at least once a year to ensure rates are inline.
Get discounts on Cincinnati insurance
Insurance is not an enjoyable expense, but you may qualify for discounts that can drop the cost substantially. Certain discounts will be applied when you purchase, but a few must be manually applied prior to getting the savings. If you do not check that you are getting every discount you deserve, you’re just leaving money on the table.
- Lower Rates for Military – Being on active duty in the military can result in better premium rates.
- Multi-Vehicle Discounts – Buying a policy with primary and secondary vehicles on one policy can reduce rates for all insured vehicles.
- College Student – Any of your kids who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
- Accident Forgiveness Coverage – Not really a discount, but certain companies allow you one accident before they charge you more for coverage so long as you haven’t had any claims for a particular time prior to the accident.
- Early Payment Discounts – By paying your entire bill at once rather than paying monthly you could save 5% or more.
- Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts could see savings up to 30%.
- Senior Citizen Discount – Drivers that qualify as senior citizens could receive a slight reduction on a Cincinnati auto insurance quote.
- Good Student Discount – This discount may save you up to 25%. Most companies allow this discount up to age 25.
- Discounts for Government Workers – Active or retired federal employment could cut as much as 10% off depending on your company.
Policy discounts save money, but 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 physical damage coverage or medical payments. Despite the fact that it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.
The chart below shows the difference between Ford Fusion insurance prices with and without discounts applied to the policy premium. The premiums assume a female driver, no claims, a clean driving record, Ohio state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, multi-policy, multi-car, marriage, and safe-driver discounts applied.
A few popular companies and their offered discounts are detailed below.
- State Farm has discounts for good student, safe vehicle, Drive Safe & Save, accident-free, and Steer Clear safe driver discount.
- GEICO has savings for membership and employees, military active duty, federal employee, anti-lock brakes, and emergency military deployment.
- Allstate may offer discounts for new car, auto/life discount, early signing, anti-lock brakes, good student, passive restraint, and 55 and retired.
- SAFECO may include discounts for teen safety rewards, safe driver, homeowner, anti-theft, bundle discounts, multi-car, and drive less.
- Farm Bureau includes discounts for multi-policy, renewal discount, driver training, 55 and retired, and youthful driver.
- Progressive may have discounts that include online quote discount, continuous coverage, online signing, homeowner, and good student.
- AAA offers discounts for education and occupation, good student, pay-in-full, anti-theft, good driver, and AAA membership discount.
If you need lower rates, check with all companies you are considering what discounts are available to you. Some discounts might not be offered on policies in your area. To see a list of providers who offer insurance discounts in Ohio, click this link.
Compare rate quotes but work with a local Cincinnati insurance agency
Some people just prefer to buy from a local agent and that is not a bad decision One of the great benefits of comparing insurance prices online is that you can obtain the lowest rates and still buy from a local agent. Buying from neighborhood agents is especially important in Cincinnati.
To make it easy to find an agent, after completing this simple form, your coverage information is transmitted to agents in your area that provide free Cincinnati auto insurance quotes and help you find cheaper coverage. You won’t need to leave your house due to the fact that quote results will go to you directly. It’s the lowest rates without having to waste a lot of time. If you need to get a price quote from a specific car insurance provider, feel free to jump over to their website to submit a rate quote request.
If you would like to find a reliable agent, it’s helpful to know the types of insurance agents and how they can quote your rates. Car insurance policy providers can be categorized as either independent or exclusive.
Independent Car Insurance Agencies or Brokers
Agents of this type are not required to write business for one company so they can write business through lots of different companies and get the cheapest rates. To move your coverage to a new company, they can switch companies in-house and you don’t have to switch agencies. If you need lower rates, you will definitely want to include several independent agencies to ensure the widest selection of prices. Many independent agencies also insure through small regional insurance companies which could offer lower prices.
Listed below are Cincinnati independent agents that can possibly get you free car insurance rate quotes.
- Dwyer Insurance Agency
3356 N Bend Rd – Cincinnati, OH 45239 – (513) 389-4100 – View Map
- Ohio Insurance Center
7404 Hamilton Ave – Cincinnati, OH 45231 – (513) 522-6300 – View Map
- Zimmer Insurance Agency
2148 Gilbert Ave – Cincinnati, OH 45206 – (513) 381-1919 – View Map
Exclusive Insurance Agencies
Agents of this type are contracted to one company like Farmers Insurance, State Farm, Allstate, and AAA. They usually cannot provide prices from multiple companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are usually well trained on their company’s products and that allows them to sell at a higher price point. Consumers frequently use the same exclusive agent partially due to high brand loyalty and strong financial ratings.
Shown below is a list of exclusive insurance agencies in Cincinnati that are able to give price quotes.
- Mark Redmond – State Farm Insurance Agent
7225 Colerain Ave Ste 202 – Cincinnati, OH 45239 – (513) 221-7836 – View Map
- American Family Insurance – Barbara Hall
4010 N Bend Rd Ste 300 – Cincinnati, OH 45211 – (513) 347-9492 – View Map
- Brad Robbins – State Farm Insurance Agent
3111 Mozart Ave – Cincinnati, OH 45211 – (513) 662-2200 – View Map
Deciding on an insurance agency should depend on more than just a cheap price quote. Any good agent in Cincinnati should know the answers to these questions.
- Does the quote include credit and driving reports?
- Which insurance companies are they affiliated with?
- When do they do policy reviews?
- Do they regularly work with personal auto policies in Cincinnati?
- Will your rates increase after a single accident?
- Are aftermarket or OEM parts used to repair vehicles?
- Do they offer claims assistance after hours?
- Is their price quote a firm figure or are their hidden costs?
Different people need different car insurance coverages
When choosing adequate coverage for your vehicles, there really isn’t a “perfect” insurance plan. Every situation is different.
These are some specific questions can aid in determining whether or not you could use an agent’s help.
- Am I covered if I hit a deer?
- Can I afford to buy a different vehicle if my Ford Fusion is totaled?
- Am I covered when driving a rental car?
- Are split liability limits better than a combined single limit?
- Which companies will insure high-risk drivers?
- Does my policy cover my teen driver if they drive my company car?
- Will my Ford Fusion be repaired with OEM or aftermarket parts?
- Do I pay less for low miles?
If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form.
One last thing about your coverage
A few companies may not provide price quotes online and most of the time these smaller companies only sell coverage through local independent agents. Cost effective Ford Fusion insurance is available on the web and with local Cincinnati insurance agents, and you should compare rates from both to have the best chance of lowering rates.
Insureds who switch companies do it for a number of reasons such as delays in responding to claim requests, denial of a claim, poor customer service or policy cancellation. No matter why you want to switch, finding a new company can be pretty painless.
When searching for cheaper Cincinnati auto insurance quotes, never skimp on coverage in order to save money. There are too many instances where an insured dropped full coverage only to regret that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at the best cost, but do not skimp to save money.
Much more information about auto insurance in Ohio is available on the following sites:
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Who Has Affordable Cincinnati Auto Insurance for a Toyota Corolla? (FAQ)
- Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
- Insuring a Leased Car (Insurance Information Institute)
- How to Avoid Staged Accidents (State Farm)
- Credit and Insurance Scores (Insurance Information Institute)