Affordable Ford Fusion Hybrid Insurance in Virginia Beach

We don’t have to point out that fact that auto insurance companies don’t want customers comparing rates. Insureds who shop around for cheaper rates are highly likely to switch companies because the odds are good of finding a lower-cost company. A survey found that consumers who compared rates regularly saved on average $865 a year compared to other drivers who never compared prices.

If finding the most affordable car insurance is your goal, then understanding how to quote and compare insurance can make the process less intimidating.

Insurance rates Ford Fusion Hybrid in Virginia BeachIf saving money is your primary concern, then the best way to get affordable Ford Fusion Hybrid insurance in Virginia Beach is to compare prices once a year from insurers in Virginia. You can compare rates by following these guidelines.

  1. Get a basic knowledge of car insurance and the changes you can make to keep rates low. Many factors that cause high rates such as high-risk driving behaviors and an imperfect credit history can be remedied by paying attention to minor details.
  2. Compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO or Farmers Insurance, while independent agencies can provide prices from multiple insurance companies.
  3. Compare the new quotes to your existing rates to determine if switching companies saves money. If you find a better price and change companies, ensure there is no coverage lapse between policies.

A good tip to remember is to use the same amount of coverage on every quote and and to get quotes from as many car insurance companies as possible. Doing this guarantees the most accurate price comparison and a better comparison of the market.

Ford Fusion Hybrid insurance quotes comparison

When shopping for Ford Fusion Hybrid insurance in Virginia Beach there are multiple ways to get quotes from companies that offer auto insurance in Virginia. The quickest method to compare Ford Fusion Hybrid insurance prices involves getting comparison quotes online.

It’s so easy to compare quotes online that it makes it a waste of time to spend time driving to insurance agents’ offices. Comparing online rate quotes eliminates the middleman unless you have a complicated situation and need the professional advice that only an agent can give. However, consumers can find lower rates online but purchase the actual policy in an agency.

Just keep in mind that comparing a large number of companies helps improve the odds of finding lower pricing.

The companies shown below offer quotes in Virginia Beach, VA. If multiple companies are listed, we recommend you visit several of them to find the most affordable auto insurance rates.

Virginia Beach insurance discounts for a Ford Fusion Hybrid

Companies that sell car insurance don’t list all their discounts in a way that’s easy to find, so the list below gives a summary of some of the best known and also the lesser-known ways to save on insurance.Insurance discounts

A little note about advertised discounts, most discounts do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, insurance companies aren’t that generous.

The illustration below visualizes the comparison of Ford Fusion Hybrid insurance costs with and without some available policy discounts. The rate quotes are based on a male driver, a clean driving record, no at-fault accidents, Virginia 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 multi-car, marriage, homeowner, claim-free, safe-driver, and multi-policy discounts applied.

Companies that possibly offer some of the discounts shown above may include but are not limited to:

If you need affordable Virginia Beach auto insurance quotes, ask all companies you are considering to give you their best rates. Discounts might not apply in Virginia Beach.

Rates and information analytics

The premium information displayed below showcases a range of insurance prices for Ford Fusion Hybrid models. Learning as much as possible about how car insurance prices are established can help guide drivers when making decisions when shopping your coverage around.

Ford Fusion Hybrid Insurance Rates in Virginia Beach, VA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion Hybrid 4-Dr Sedan $142 $312 $308 $18 $92 $872 $73
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Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Premium costs do not factor in zip code location which can influence premium rates substantially.

An analysis of deductible level

The hardest decision when buying coverage is how high should your deductibles be. The figures shown below highlight the differences in premium rates of buying low and high coverage deductibles. The first data table uses a $250 comprehensive and collision deductible and the second price grid uses a $500 deductible.

Ford Fusion Hybrid insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion Hybrid 4-Dr Sedan $224 $454 $322 $20 $96 $1,141 $95
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Ford Fusion Hybrid insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion Hybrid 4-Dr Sedan $182 $366 $322 $20 $96 $986 $82
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Information does not factor in your specific Virginia Beach location which can influence insurance rates substantially.

Using the data above, we can ascertain that using a $250 deductible would cost the average driver about $13 more each month or $156 every year than quoting the higher $500 deductible. Because you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to go at a minimum 19 months between claims, you would probably be better off if you elect the higher deductible.

How to determine when to raise your deductibles

Average monthly premium for $250 deductibles: $95
Average monthly premium for $500 deductibles (subtract): – $82
Monthly savings from raising deductible: $13
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $13
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

One thing to be aware of is that a higher deductible results in having to pay to pay more out-of-pocket when you have a physical damage claim. That will force you to have some savings in the bank in the event you have to pay the deductible to have repairs made.

The illustration below shows how different deductible levels and can change Ford Fusion Hybrid insurance premiums for each age group. The premiums assume a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.

Annual premiums for males compared to females in Virginia Beach

The example below illustrates the comparison of Ford Fusion Hybrid insurance prices for male and female drivers. The premiums are based on no claims or violations, full coverage, $250 deductibles, marital status is single, and no other discounts are factored in.

Virginia Beach car insurance company ratings

Choosing the right insurer is hard considering how many companies provide coverage in Virginia Beach. The company information displayed below could help you select which auto insurers to look at when comparing rate quotes.

Top 10 Virginia Beach Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Allstate
  3. Nationwide
  4. State Farm
  5. GEICO
  6. Liberty Mutual
  7. American Family
  8. Esurance
  9. AAA Insurance
  10. Titan Insurance

Top 10 Virginia Beach Car Insurance Companies by A.M. Best Rank

  1. Travelers – A++
  2. USAA – A++
  3. GEICO – A++
  4. State Farm – A++
  5. Erie Insurance – A+
  6. Titan Insurance – A+
  7. Esurance – A+
  8. Progressive – A+
  9. Nationwide – A+
  10. The Hartford – A+

How to Lower Your Insurance Premiums

The best way to find cheaper car insurance is to take a look at some of the factors that help calculate the rates you pay for car insurance. When consumers understand what determines premiums, this empowers consumers to make smart changes that may reward you with lower rates. Lots of factors are part of the calculation when quoting car insurance. Some of the criteria are obvious like your driving record, but other factors are more transparent like where you live or how financially stable you are.

Listed below are some of the things car insurance companies consider when setting your rate level.

Lower deductibles cost more – Insurance for physical damage, also called ‘full coverage’, covers damage that occurs to your Ford. Some examples of covered claims could be running into the backend of another car, hail damage, and damage from a fallen tree branch. The deductibles represent how much money you are willing to pay out-of-pocket before your car insurance pays a claim. The more of the claim you have to pay, the lower your rates will be.

Policy add-ons add up – There are quite a few extra add-on coverages that you can buy on your car insurance policy. Insurance for things like personal injury protection, towing, and extra equipment coverage may be wasting your money. They may sound like good ideas at first, but your needs may have changed so consider taking them off your policy.

Drive a safer car and pay less – Cars with high safety ratings get lower rates. Highly rated vehicles reduce the chance of injuries and reduced instances of injuries means less money paid by your insurance company which can mean better rates for you.

Tickets mean higher prices – Whether or not you get tickets influences premium rates substantially. Attentive drivers pay lower auto insurance prices as compared to those with violations. Even one speeding ticket could increase your next policy renewal by as much as twenty percent. Drivers who get serious violations such as DWI, reckless driving or hit and run convictions might be required by their state to file a SR-22 with the DMV in their state in order to prevent their license from being revoked.

The illustration below highlights how speeding tickets and fender-benders influence Ford Fusion Hybrid auto insurance costs for each different age group. The rate quotes are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.

Multi-policy discounts can save money – Most major companies provide a discount to insureds who have multiple policies with them, otherwise known as a multi-policy discount. The discount can add up to five, ten or even twenty percent. Even with this discount, it’s still a good idea to get quotes from other companies to help ensure you have the lowest rates.

Don’t skimp on liability protection – The liability section of your policy will afford coverage if ever you are found liable for an accident. Your liability coverage provides for a legal defense which can cost a lot. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.

Ford Fusion Hybrid insurance loss probability – Insurers analyze claim trends for every vehicle when setting rates for each model. Models that statistically have a trend towards higher claim severity or frequency will cost more for coverage. The next table illustrates the compiled insurance loss statistics for Ford Fusion Hybrid vehicles.

For each type of coverage, the statistical loss for all vehicles as a whole equals 100. Numbers below 100 imply a favorable loss record, while values that are above 100 indicate a higher chance of having a claim or a tendency for losses to be larger than average.

Insurance Loss Ratings for Ford Fusion Hybrid Vehicles
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Fusion Hybrid 125 97 98 92 93 95

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years