Ford Escape insurance image courtesy of QuoteInspector.com
Finding cheaper car insurance for a Ford Escape doesn't take too much effort, but it is dependent upon many rating criteria such as age of the driver, where your vehicle is garaged, and your choice of deductibles. Drivers in Texas pay on average $1,045 per year to insure their Escape, but that amount is an estimation calculated using a 40-year-old married female driver with full comprehensive and collision coverage and $100 deductibles.
Most likely you are not 40 and maybe not even a female, you might be single instead of married, or maybe you prefer to not insure for full coverage. Have just a small change in rating variables could result in a significant change in the price of a policy.
Not every driver requires the same auto insurance coverages, so the only way to find cheap insurance rates for your Ford is to do your own rate comparisons. Get a free quote now and you can get prices from some of the best companies in Texas.
Your Ford's trim level will most likely have an effect on price, so the price you will be charged to insure a Escape XLS 2WD will cost $140 less than the cost to insure the more costly Escape Limited 4WD trim level, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$246||$476||$340||$20||$102||$1,184||$99|
|Escape XLS 4WD||$246||$476||$340||$20||$102||$1,184||$99|
|Escape XLT 2WD||$246||$476||$340||$20||$102||$1,184||$99|
|Escape Limited 2WD||$282||$476||$340||$20||$102||$1,220||$102|
|Escape XLT 4WD||$282||$476||$340||$20||$102||$1,220||$102|
|Escape Limited 4WD||$282||$580||$340||$20||$102||$1,324||$110|
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Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Price information does not factor in zip code location which can influence premium rates greatly.
Determining which company has the most affordable car insurance rates for a Ford Escape involves more work in order to find the best price.
Every insurance provider has a proprietary formula to establish rates, so we'll go over the car insurance companies that tend to have lower prices in Texas.
Best Insurance Companies for Your Escape
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,199|
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Travelers has some of the cheapest car insurance rates in San Antonio at around $1,010 annually. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also qualify as some of the more affordable San Antonio, TX insurance companies.
In the above example, if you buy coverage from Germania Mutual and switched to Travelers, you could see savings of about $246. Customers with Esurance could save as much as $355 a year, and California Casualty policyholders might reduce prices by as much as $386 a year.
To compare your rates to other Texas insurance companies, click here to get a free quote or quote rates from the companies below.
These rates are averages across all drivers and vehicles in Texas and and are not calculated with an exact zip code location for a Ford Escape. So the auto insurance company that fits your age and vehicle best may not even be in the list above. That's why you need to quote rates from many companies using your own driver data and vehicle information.
Full coverage or liability only
Buying cheaper car insurance is important to most vehicle owners, and one good way to reduce the cost of insurance for a Ford Escape is to only buy liability insurance. The example below visualizes the comparison of auto insurance costs with liability coverage only compared to full coverage. The premiums assume no violations or claims, $250 deductibles, drivers are not married, and no discounts are factored in.
On average, full coverage costs $2,210 per year more than carrying just liability coverage. Many drivers may wonder if physical damage coverage is worth the money. There is no exact formula of when to exclude comp and collision coverage, but there is a general convention. If the yearly cost for physical damage coverage is more than about 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.
For example, let's pretend your vehicle's settlement value is $6,500 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $5,500 after paying your policy deductible. If premiums are more than $550 annually for your policy with full coverage, then it could be time to drop full coverage.
There are some scenarios where dropping physical damage coverage is not recommended. If you still owe money on your vehicle, you are required to maintain full coverage to protect the lienholder's interest. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should keep full coverage on your policy.
The information below illustrates how your choice of deductibles can impact insurance rates when trying to find cheap insurance for a Ford Escape. The premium estimates are based on a single female driver, full coverage, and no discounts are factored in.
A 30-year-old driver could reduce rates by $344 a year by changing from a $100 deductible to a $500 deductible, or save $520 by selecting a $1,000 deductible. Even younger drivers, such as the 20-year-old example, can cut $766 annually just by choosing higher deductibles. If you make the decision to raise deductibles, it's a good idea to have emergency funds available to be able to pay the extra out-of-pocket expense, which deters some people from using high deductibles.
If you have questions and prefer to have a professional recommendation when shopping around for cheaper insurance for a Ford Escape, the insurance agencies listed below can help you determine which insurance coverage you need.
To locate a San Antonio auto insurance agent near you, click the button at the bottom of the list.
Affordable Health Insurance Agency, LLC
7330 San Pedro Ave #150 - San Antonio, TX 78216 - (210) 738-3537
State Farm: John Pitre
825 W Bitters Rd #105 - San Antonio, TX 78216 - (210) 514-1083
Chad Dawson - State Farm Insurance Agent
5890 De Zavala Rd Ste 105 - San Antonio, TX 78249 - (210) 615-7898
Legion Insurance Agency
5309 Wurzbach Rd - San Antonio, TX 78230 - (210) 693-1501
Mesquite Insurance Agency
501 W Quincy St - San Antonio, TX 78212 - (210) 472-3034
How to find economical auto insurance for a Ford Escape
It is possible to find better rates, and here are some of the better penny-pinching solutions that can help you find low-cost coverage.
- Claim-free policyholders usually earn a discount
- Just one traffic violation will increase your rates
- Maintain a safe distance and avoid accidents
- Full coverage is expensive so only insure older vehicles for liability only
- Raise your deductibles
- Look for cheaper rates once a year by shopping around
The last tip is very significant, as we emphasized in this piece. Prices charged by car insurance companies in San Antonio can be adjusted at any time, so don't be tentative to switch companies if a better deal can be had.
Being loyal to a particular company is commendable, but it isn't a good idea if that stubbornness costs you a wad of cash every year. It only takes a couple minutes to compare prices to find cheaper auto insurance for a Ford Escape.