Buying competitive car insurance for a Ford Fusion in Virginia relies on an enormous amount of rating factors such as whether you own a home, your credit status, and any prior driving offenses. Virginia drivers will pay around $668 per year for Fusion insurance, but that cost is a projection calculated based on a 30-year-old married male driver with full comprehensive and collision coverage and $1,000 deductibles.
It’s highly likely you’re not a 30-year-old male, single instead of married, or maybe you live in a different area as the quoted rates. Even a minor difference in the rating criteria used to formulate rates can result in a big discrepancy in policy price.
There is no perfect policy for every driver, so the only real way to find the cheapest coverage for your Ford is to compare as many rates as you can.
The trim level of your Ford tends to have a direct impact on the coverage cost, so the price you pay to insure a Fusion S 4-Dr Sedan trim level will be $108 cheaper than the insurance cost for the higher-end Fusion Sport AWD 4-Dr Sedan trim level, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$122||$210||$258||$16||$78||$684||$57|
|Fusion SE 4-Dr Sedan||$138||$248||$258||$16||$78||$738||$62|
|Fusion Hybrid 4-Dr Sedan||$138||$286||$322||$20||$96||$862||$72|
|Fusion SEL 4-Dr Sedan||$138||$248||$258||$16||$78||$738||$62|
|Fusion Sport 4-Dr Sedan||$138||$248||$258||$16||$78||$738||$62|
|Fusion SEL AWD 4-Dr Sedan||$154||$286||$258||$16||$78||$792||$66|
|Fusion Sport AWD 4-Dr Sedan||$154||$286||$258||$16||$78||$792||$66|
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Virginia minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Table data does not factor in vehicle garaging location which can influence coverage prices considerably.
Deciding which companies quote the cheapest auto insurance rates for a Ford Fusion requires a tad more effort in order to find the best policy. Every insurance company has their own formula for determining rates in each state, so let’s rank the overall cheapest auto insurance companies in Virginia.
We do need to point out that Virginia auto insurance rates are determined by lots of factors that can increase the cost of having a policy. Simply turning a year older, buying a different vehicle, or getting a reckless driving citation can cause premium changes resulting in some companies being more affordable than the competition.
Find Cheaper Auto Insurance for Your Fusion
Travelers quotes some of the lowest car insurance rates in Virginia Beach at around $659 each year. USAA, Cincinnati Insurance, Penn National, and Utica National also make the cut as some of the cheaper Virginia Beach, VA auto insurance companies.
As shown in the rates above, if you are insured with Penn National and switched to USAA, you could earn savings of about $60. Policyholders with Utica National might save as much as $70 a year, and Auto-Owners policyholders might realize rate reductions of up to $77 a year.
Bear in mind that those policy prices are averages across all insureds and vehicles and and are not calculated with a vehicle location for a Ford Fusion. So the insurer that fits your age and vehicle best may not even be in the top 30 companies shown above. That illustrates why you need to compare as many prices as possible using your own individual information.
Does full coverage make sense?
Finding cheaper auto insurance is probably important to most vehicle owners, and an easy way to pay lower rates for insurance for a Ford Fusion is to not buy full coverage. The example below shows the difference between auto insurance rates with full coverage and liability only. The data assumes no claims or driving citations, $100 deductibles, single marital status, and no additional discounts are factored in.
If averaged for all ages, comprehensive and collision coverage on your policy costs an extra $2,090 per year more than carrying just liability coverage. That is a big expense that brings up the question if paying for full coverage is a waste of money. There is no written rule of when to eliminate full coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than about 10% of replacement cost minus your deductible, then it could be time to drop full coverage.
The importance of shopping around
Virginia Beach auto insurance rates are calculated based on many things that can increase the policy price. Improving your credit score, getting divorced, or getting a DUI can cause premium changes that can make some companies more affordable than competitors. Not only that, but insurance companies amend pricing as needed to help ensure profitability. Heavy losses can cause rate increases, while lower claims may produce lower-cost Fusion insurance rates.
To help illustrate this point, the graph below shows which companies have the cheapest car insurance in Virginia Beach, VA for a 35-year-old male driver with no prior claims, no tickets, and excellent credit. If we estimate prices based on his current risk factors, Travelers has the lowest car insurance rates in Virginia Beach at $805 annually. This is $353 less than the average price paid by Virginia drivers of $1,158. USAA, Cincinnati Insurance, Penn National, and Auto-Owners are the rest of the most affordable Virginia Beach, VA auto insurance companies.
Now let’s give the driver in the first chart an at-fault accident, a lower credit score, and a couple of points charged on his driving record. Because each insurer uses their own calculation to determine rates, analyzing rates could result in a slightly different list of the cheapest car insurance companies in Virginia Beach as shown below.
The Hartford now has the best insurance rate in Virginia Beach, VA with Erie, Virginia Farm Bureau, Donegal Mutual, and Nationwide completing the list. This example proves why drivers need to shop around when trying to get the lowest auto insurance rates for a Ford Fusion.
Insurance rates are made up of many risk factors and can increase or decrease at any time, so the cheapest option a year ago may now be one of the higher cost companies.
How to find budget-friendly insurance for a Ford Fusion
The list below shows many thrifty suggestions that can help Virginia drivers locate more affordable car insurance.
- Do not get tickets
- The safer your car, the less it costs to insure
- Increase your credit rating
- Having too many claims will increase rates substantially
- Staying accident-free helps keep rates low
- Compare rates once a year for cheaper prices
The last tip in the list is especially valuable, as was pointed out in this write-up. Prices charged by auto insurers change frequently, so don’t hesitate to buy a policy from a new company if a cheaper rate is available. Many consumers stick with the same company and that’s fine, but it isn’t a good idea if that inflexibility results in costing you lots of hard earned cash every month. Take a couple minutes and compare prices and find cheaper car insurance for a Ford Fusion in Virginia Beach.
If you like to have some professional guidance when trying to find the best insurance rates for a Ford Fusion, the professional agents shown below can most likely provide answers to your questions and help you determine which auto insurance coverages would be the best in your situation.
To find an auto insurance agency by location nearest to you, click the button at the bottom.
Bordeaux Insurance Agency
4654 Haygood Rd – Virginia Beach, VA 23455 – (757) 460-6220
State Farm: Paula Faivre
2052 S Independence Blvd #007 – Virginia Beach, VA 23453 – (757) 340-3999
Frank Owens – State Farm Insurance Agent
1776 Laskin Rd #102 – Virginia Beach, VA 23454 – (757) 428-3101
Nationwide Insurance: Guzman Insurance Agency Inc
1920 Centerville Turnpike Ste 97 – Virginia Beach, VA 23464 – (757) 479-0551