Are you sick of overpaying and want lower-priced Ford Focus insurance in Providence? Are you irritated from not being able to scrape enough together to pay your car insurance bill each month? You are no different than many other consumers in Rhode Island.
Sadly, most car insurance policyholders in Rhode Island kept buying from the same company for at least the last four years, and practically 40% of car insurance customers have never shopped around. Drivers in the U.S. can cut their rates by $850 a year by just comparing quotes, but most undervalue how much savings they would realize if they swap their current policy for a cheaper one. Consumers have multiple car insurance companies to insure vehicles with, and though it is a good thing to be able to choose, it makes it harder to compare rates for Ford Focus insurance in Providence.
It's a great practice to shop coverage around periodically since rates change regularly. Just because you found the lowest premium rates on Ford Focus insurance in Providence a year ago a different company probably has better prices today. You'll find a ton of advice on Focus insurance online, but in just a couple of minutes you can learn some great ways to find affordable car insurance in Providence.
This article's intent is to introduce you to how car insurance companies work and some money-saving tips. If you have a current auto insurance policy, you will definitely be able to find better prices using these methods. Comparison shoppers just need to understand the fastest way to shop online.
Auto insurance providers offering low-cost rates in Rhode Island
The companies in the list below provide free quotes in Rhode Island. If the list has multiple companies, we suggest you get rates from several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Focus S 4-Dr Sedan||$298||$726||$490||$30||$146||$1,690||$141|
|Focus SE 4-Dr Sedan||$262||$598||$528||$32||$158||$1,578||$132|
|Focus SEL 4-Dr Sedan||$338||$914||$548||$32||$164||$1,996||$166|
|Focus SES 4-Dr Sedan||$190||$492||$426||$26||$128||$1,262||$105|
|Focus SE 2-Dr Coupe||$150||$326||$430||$26||$130||$1,062||$89|
|Focus SES 2-Dr Coupe||$152||$332||$440||$26||$132||$1,082||$90|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Rhode Island minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Information does not factor in zip code location which can increase or decrease rates significantly.
Should you buy full coverage?
The illustration below visualizes the comparison of Ford Focus yearly insurance costs with full physical damage coverage compared to only buying liability only. The data is based on no accidents or driving violations, $100 deductibles, single female driver, and no discounts are applied.
When to switch to liability coverage only
There is no definitive formula of when to eliminate full coverage, but there is a guideline you can use. If the annual cost of having full coverage is more than around 10% of replacement cost minus your deductible, then you might consider buying liability only.
For example, let's assume your Ford Focus replacement cost is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $8,000 after paying your deductible. If premium cost is more than $800 a year for physical damage coverage, then it could be time to drop full coverage.
There are some circumstances where buying only liability insurance is not financially feasible. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not buy liability only.
Impact of careless driving on auto insurance rates
The example below highlights how traffic violations and fender-benders can drive up Ford Focus insurance costs for each age group. Data assumes a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied.
Lower Insurance Rates with These Tips
Smart consumers have a good feel for the rating factors that play a part in calculating the rates you pay for insurance. If you have a feel for what controls the rates you pay, this empowers consumers to make smart changes that may result in lower insurance prices. Many things are used when pricing auto insurance. Some are pretty understandable like a motor vehicle report, but others are more transparent such as your credit history and annual miles driven.
The items below are a partial list of the pieces used by insurance companies to determine your rate level.
- Gender and auto insurance rates - Statistics show that women are safer drivers than men. That doesn't necessarily mean that males are worse at driving than females. Males and females tend to get into fender benders in similar numbers, but the male of the species have accidents that have higher claims. Not only are claims higher, but men receive more costly citations like DUI and reckless driving. Young men ages 16 to 20 are most likely to cause an accident so it costs more to insure them.
- Bad driving means higher costs - Attentive drivers have lower premiums as compared to those with violations. Even one speeding ticket may increase your cost forty percent or more. Drivers with serious violations such as hit and run, DWI or reckless driving convictions may find that they have to to maintain a SR-22 with their state's licensing department in order to keep their license.
- Liability coverage - The liability section of your policy will provide protection when you are ruled to be at fault for an accident. This coverage provides for a legal defense which can cost a lot. It is affordable coverage compared to physical damage coverage, so do not skimp.
- Insurance costs and vehicle performance - The make and model of the vehicle you need to insure makes a huge difference in your auto insurance rates. Due to the fact that the Ford Focus is a passenger car, rates will be similar in price or lower than the average rate where you live in Providence. Low performance passenger models usually have the lowest rates, but that's not the only thing that factors into the final price.
- Premiums are lower the older you get - Drivers with little experience are known to be inattentive and easily distracted with other occupants in the car and because of this, their insurance rates are much higher. Adding a young driver onto a policy can cause a big jump in price. More experienced drivers are viewed as being more responsible, file fewer claims, and are safer drivers.
- Urban areas may pay more - Being located in smaller towns and rural areas of the country can save you money when insuring your vehicles. Drivers who live in large cities tend to have more road rage incidents and longer commutes to work. Lower population means fewer accidents in addition to lower liability claims
- Insurance losses for a Ford Focus - Companies factor in historical loss data when they calculate premium costs for each model. Models that the data shows to have higher losses will have a higher cost to insure.
The next table illustrates the historical insurance loss data for Ford Focus vehicles. For each insurance policy coverage type, the claim amount for all vehicles compiled together is equal to 100. Values that are below 100 indicate better than average losses, while numbers that are greater than 100 point to more claims or larger claims.
Insurance Loss Ratings for Ford Focus Vehicles
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Ford Focus 106 98 90 103 109 111 Ford Focus Electric 87 85 66
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Cheaper rates with these discounts
Insuring your fleet can be pricey, but there are discounts available that you may not even be aware of. Many discounts should be triggered when you purchase, but some must be asked for prior to getting the savings. If you are not receiving all the discounts you qualify for, you are not getting the best rate possible.
- Military Rewards - Having a deployed family member could trigger a small discount.
- Passive Restraints and Air Bags - Cars that have air bags can receive discounts as much as 30%.
- Clubs and Organizations - Having an affiliation with a civic or occupational organization in Providence could trigger savings when getting a Providence auto insurance quote.
- Seat Belt Usage - Buckling up and requiring all passengers to wear their seat belts could cut 10% or more on the premium charged for medical payments and/or PIP.
- Multiple Policy Discount - If you combine your auto and home policies with one company you could save approximately 10% to 15%.
- College Student - Children who are attending college and don't have a car may qualify for this discount.
- Driver Education Discount - It's a good idea to have your young drivers enroll and complete driver's education in school.
Consumers should know that many deductions do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability and collision coverage. Despite the appearance that all those discounts means the company will pay you, you aren't that lucky. Any amount of discount will definitely reduce the cost of coverage.
Companies and some of the premium reductions they offer are detailed below.
- Esurance includes discounts for emergency road assistance, multi-car, DriveSense, good student, and paid-in-full.
- The Hartford policyholders can earn discounts including air bag, vehicle fuel type, defensive driver, anti-theft, good student, and driver training.
- AAA discounts include good driver, pay-in-full, education and occupation, AAA membership discount, anti-theft, and multi-car.
- GEICO has savings for five-year accident-free, air bags, seat belt use, federal employee, anti-lock brakes, and multi-policy.
- State Farm may have discounts that include multiple autos, multiple policy, student away at school, driver's education, good student, and passive restraint.
When getting free Providence auto insurance quotes, it's a good idea to every prospective company to give you their best rates. Some discounts listed above may not apply to policyholders in Providence. To see a list of insurance companies who offer discounts in Rhode Island, follow this link.
Compare rates but work with a local Providence insurance agency
A small number of people just want to go talk to an agent and that can be a smart move Most agents are trained to spot inefficiencies and give you someone to call. An additional benefit of getting free rate quotes online is that you can obtain the best rates and also buy local. Buying insurance from local insurance agencies is important particularly in Providence.
Once you complete this short form, your insurance coverage information is submitted to agents in your area that provide free Providence auto insurance quotes and help you find cheaper coverage. You won't need to leave your computer since rate quotes are delivered directly to you. If you want to quote rates from a specific auto insurance provider, feel free to navigate to their website and complete a quote there.
The difference between Providence car insurance agents
When researching a local insurance agency, you should know the types of agencies and how they function. Agents can be described as either independent agents or exclusive agents. Either one can insure your vehicles properly, but it's worth learning the difference between them because it can impact the kind of agent you use.
Independent Auto Insurance Agencies or Brokers
These type of agents are not locked into one company so they can quote policies through lots of different companies and find you cheaper rates. To transfer your coverage to a different company, they simply switch companies in-house and you don't have to find a new agent.
When shopping rates, it's recommended you include price quotes from multiple independent agents for maximum quote selection.
Below is a partial list of independent insurance agents in Providence that may be able to provide price quotes.
73 Taunton Ave - East Providence, RI 02914 - (401) 434-4000 - View Map
Exclusive agencies can only write with one company and some examples include AAA, State Farm, Farmers Insurance, and Allstate. They are unable to compare rates from other companies so you need to shop around if the rates are high. Exclusive insurance agents receive a lot of sales training on their products and sales techniques which helps them sell on service rather than price.
Below is a short list of exclusive agencies in Providence willing to provide comparison quotes.
Choosing an insurance agent is decision based upon more than just a cheap quote. Ask your prospective agent these questions:
- Is there a Errors and Omissions policy in force?
- Do they assist clients in filing claims?
- Are all drivers listed on the coverage quote?
- Do they get extra compensation for selling add-on coverages?
- How is replacement cost determined on your vehicle?
- Does the agent have a valid license to sell insurance in Rhode Island?
Persistence pays off
Discount Ford Focus insurance in Providence can be found on the web and with local Providence insurance agents, so you need to quote Providence auto insurance with both to have the best chance of lowering rates. A few companies may not have internet price quotes and usually these smaller companies provide coverage only through independent agents.
In this article, we presented many ways to get a better price on Ford Focus insurance in Providence. It's most important to understand that the more rate comparisons you have, the better likelihood of getting affordable Ford Focus insurance quotes. You may even find the best car insurance rates are with some of the smallest insurance companies. Smaller companies may cover specific market segments cheaper compared to the large companies like Allstate or State Farm.
More tips and info about auto insurance is located by following these links:
- Understanding Limits and Deductibles (Allstate)
- Who Has Affordable Rhode Island Auto Insurance Rates for Government Employees? (FAQ)
- What is the Cheapest Car Insurance in Harrisville, RI? (FAQ)
- Who Has the Cheapest Rhode Island Auto Insurance for a Toyota Camry? (FAQ)
- Who Has the Cheapest Auto Insurance for Inexperienced Drivers in Rhode Island? (FAQ)
- What Auto Insurance is Cheapest for a Chevrolet Equinox in Rhode Island? (FAQ)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Winter Driving (Insurance Information Institute)
- What to do at the Scene of an Accident (Insurance Information Institute)
- Drunk Driving Statistics (Insurance Information Institute)