Are you searching for the cheapest Ford C-Max Energi insurance in Miami? Trying to come up with a payment for high-priced insurance can empty your savings account and force you to prioritize other expenses. Doing a rate comparison is a smart way to ensure you are getting the best deal.
Sad but true, most consumers have stayed with the same insurance company for at least four years, and almost 40% of drivers have never compared insurance rates at all. Many consumers in Florida could save as much as 55% a year, but they just don’t understand how easy it is to find lower-cost insurance rates. Many insurance companies compete for your hard-earned dollar, so it’s not easy to compare every company to get the lowest rate possible on Ford C-Max Energi insurance in Miami.
If you’re already insured or are shopping for new coverage, follow these tips to buy cheaper car insurance while maintaining coverages. Choosing the most cost-effective car insurance policy in Miami is really quite simple as long as you have a good starting point. Comparison shoppers just have to learn the tricks to buy car insurance from many companies at once.
Getting more affordable car insurance pricing can be surprisingly simple. All that’s required is to spend a few minutes to compare rate quotes to find the company with inexpensive Miami car insurance quotes.
Doing online rate quotes comparisons is so easy that it replaces the need to drive around to local insurance agencies. The fact that you can get quotes online has made agencies unnecessary unless you have a complicated situation and need the professional abilities that only a licensed agent can provide. Some companies do allow you to price shop your coverage online but purchase the actual policy in an agency.
The companies in the list below can provide price quotes in Florida. To buy the best auto insurance in Miami, we suggest you visit as many as you can to get the best price comparison.
Three reasons to insure your vehicle
Even though it can be expensive, auto insurance is required by state law in Florida and it also provides benefits you may not be aware of.
- Just about all states have compulsory liability insurance requirements which means the state requires a specific minimum amount of liability protection in order to be legal. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your Ford C-Max Energi, almost all lenders will make it mandatory that you have insurance to ensure loan repayment if the vehicle is totaled. If you do not pay your insurance premiums, the bank may insure your Ford for a much higher rate and force you to pay for the much more expensive policy.
- Auto insurance protects both your car and your assets. It will also cover medical transport and hospital expenses for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if anyone sues you for causing an accident. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay to repair the damage.
The benefits of buying auto insurance definitely exceed the cost, particularly for liability claims. Despite what companies tell you, the average driver overpays more than $865 each year so shop around at every renewal to ensure rates are inline.
Coverages available on your policy
Having a good grasp of your policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. These are the usual coverages found on the average auto insurance policy.
Collision – This pays for damage to your C-Max Energi from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as crashing into a ditch, crashing into a building and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also increase the deductible on your C-Max Energi in order to get cheaper collision rates.
Comprehensive coverages – Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims like falling objects, fire damage and hail damage. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like pain medications, EMT expenses, doctor visits and X-ray expenses. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Liability car insurance – Liability coverage can cover damage that occurs to other’s property or people that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 10/20/10 which stand for a $10,000 limit per person for injuries, a per accident bodily injury limit of $20,000, and a limit of $10,000 paid for damaged property. Occasionally you may see a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage pays for claims like legal defense fees, repair costs for stationary objects and structural damage. How much liability coverage do you need? That is up to you, but buy higher limits if possible. Florida requires drivers to carry at least 10/20/10 but you should consider buying better liability coverage.
The chart below demonstrates why buying minimum limits may not be adequate.
Uninsured and underinsured coverage – This coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Since many Florida drivers carry very low liability coverage limits (which is 10/20/10), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages are identical to your policy’s liability coverage.
Smart consumers save more
We covered a lot of tips how to save on Ford C-Max Energi insurance in Miami. The most important thing to understand is the more price quotes you have, the better your chances of lowering your car insurance rates. Drivers may even discover the lowest rates are with an unexpected company. Smaller companies may only write in your state and offer lower car insurance rates compared to the large companies like Allstate, GEICO and Progressive.
As you restructure your insurance plan, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are too many instances where an insured dropped comprehensive coverage or liability limits only to regret that it was a big mistake. Your strategy should be to purchase a proper amount of coverage for the lowest cost while not skimping on critical coverages.
Steps to finding affordable quotes for Ford C-Max Energi insurance in Miami
The recommended way to find affordable car insurance rates is to compare quotes annually from insurers that insure vehicles in Miami.
- Get a basic knowledge of how companies set rates and the steps you can take to prevent high rates. Many rating factors that drive up the price like distracted driving and a bad credit rating can be remedied by paying attention to minor details.
- Compare prices from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like GEICO and Allstate, while independent agencies can quote prices from multiple insurance companies.
- Compare the quotes to your existing rates to see if a cheaper price is available. If you can save some money and decide to switch, make sure there is no coverage gap between policies.
- Give notification to your agent or company of your intention to cancel your existing policy and submit the completed application along with a down payment to the newly selected company. Once received, place your new proof of insurance certificate along with your vehicle registration.
One thing to point out is to use similar coverage information on each quote request and and to analyze as many companies as feasibly possible. This helps ensure a fair rate comparison and the most accurate and complete price analysis.
More articles
- What is Gap Insurance? (Insurance Information Institute)
- Who Has Affordable Miami Car Insurance Quotes for Infrequent Drivers? (FAQ)
- How Much is Car Insurance for Postal Workers in Miami? (FAQ)
- All About Airbag Safety (State Farm)
- Help Your Teen Be a Better Driver (State Farm)