How to Save on Ford Fusion Insurance in Buffalo

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To save the most money, the best way to get low-cost Ford Fusion insurance in Buffalo is to do an annual price comparison from insurance carriers in New York.

Step 1: Spend a few minutes and learn about the coverage provided by your policy and the factors you can control to prevent expensive coverage. Many rating criteria that increase rates like accidents, traffic violations, and an unacceptable credit score can be amended by paying attention to minor details. This article gives more details to keep prices down and get additional discounts.

Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like GEICO or State Farm, while independent agents can provide price quotes from multiple companies.

Step 3: Compare the price quotes to your existing rates to see if cheaper Fusion coverage is available in Buffalo. If you find better rates, verify that coverage does not lapse between policies.

The key thing to remember is to compare similar limits and deductibles on each quote and and to get prices from as many car insurance companies as possible. This ensures a fair rate comparison and and a good selection of different prices.

Insurance quote for Ford Fusion in BuffaloWe don't have to tell you that insurance companies don't want policyholders to compare prices from other companies. People who shop around once a year will, in all likelihood, move their business because they stand a good chance of finding a lower-priced company. A study showed that drivers who regularly compared price quotes saved about $3,450 over four years compared to other drivers who never compared rates.

If finding discount rates on Ford Fusion insurance is why you're here, then learning a little about how to quote and compare insurance coverage can make it easier for you to save money.

All major insurance companies give price estimates online. The process doesn't take a lot of time as you simply type in your personal and coverage information into a form. After you submit the form the quote system will obtain information on your driving record and credit history and gives you a price quote based on these factors. Being able to quote online for Ford Fusion insurance in Buffalo makes comparing rates easy, and it is important to compare as many rates as possible if you want to find a lower rate.

If you want to get comparison pricing now, compare rates from the companies below. If you currently have coverage, we recommend you type in deductibles and limits as close as possible to your current policy. This makes sure you will get rate quotes based on identical coverages.

The companies in the list below have been selected to offer free quotes in New York. If you want cheap car insurance in Buffalo, NY, it's a good idea that you visit two to three different companies in order to get a fair rate comparison.

Analysis of Ford Fusion rates

The premium table shown next covers different coverage costs for Ford Fusion models. Being able to understand how insurance quotes are determined is important for making smart choices when buying a car insurance policy.

Ford Fusion Insurance Rates in Buffalo, NY
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $160 $314 $344 $20 $104 $942 $79
Fusion SE 4-Dr Sedan $180 $370 $344 $20 $104 $1,018 $85
Fusion Hybrid 4-Dr Sedan $180 $426 $430 $26 $128 $1,190 $99
Fusion SEL 4-Dr Sedan $180 $370 $344 $20 $104 $1,018 $85
Fusion Sport 4-Dr Sedan $180 $370 $344 $20 $104 $1,018 $85
Fusion SEL AWD 4-Dr Sedan $200 $426 $344 $20 $104 $1,094 $91
Fusion Sport AWD 4-Dr Sedan $200 $426 $344 $20 $104 $1,094 $91
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and New York minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Rate information does not factor in specific location which can alter insurance rates greatly.

Raise deductibles and save

The hardest decision when buying coverage is how low should you set your deductibles. The following insurance rates can help illustrate the cost difference when you choose different physical damage coverage deductibles. The first rate estimation uses a $250 deductible and the second price grid uses a $1,000 deductible.

Ford Fusion insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $204 $344 $264 $16 $80 $933 $78
Fusion SE 4-Dr Sedan $230 $406 $264 $16 $80 $1,021 $85
Fusion Hybrid 4-Dr Sedan $230 $468 $330 $20 $100 $1,173 $98
Fusion SEL 4-Dr Sedan $230 $406 $264 $16 $80 $1,021 $85
Fusion Sport 4-Dr Sedan $230 $406 $264 $16 $80 $1,021 $85
Fusion SEL AWD 4-Dr Sedan $258 $468 $264 $16 $80 $1,111 $93
Fusion Sport AWD 4-Dr Sedan $258 $468 $264 $16 $80 $1,111 $93
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Ford Fusion insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $126 $216 $264 $16 $80 $702 $59
Fusion SE 4-Dr Sedan $142 $256 $264 $16 $80 $758 $63
Fusion Hybrid 4-Dr Sedan $142 $294 $330 $20 $100 $886 $74
Fusion SEL 4-Dr Sedan $142 $256 $264 $16 $80 $758 $63
Fusion Sport 4-Dr Sedan $142 $256 $264 $16 $80 $758 $63
Fusion SEL AWD 4-Dr Sedan $158 $294 $264 $16 $80 $812 $68
Fusion Sport AWD 4-Dr Sedan $158 $294 $264 $16 $80 $812 $68
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and New York minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Price estimates do not factor in specific Buffalo garaging location which can impact insurance rates noticeably.

Based on the data above, we can derive that using a $250 deductible could cost the average driver approximately $23 more each month or $276 every year than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you have at least 33 months between claims, you would save money if you choose a higher deductible.

How to decide to raise your deductibles

Average monthly premium for $250 deductibles: $88
Average monthly premium for $1,000 deductibles (subtract): - $65
Monthly savings from raising deductible: $23
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $23
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 33 months

One important issue to know is that a higher deductible level results in a higher out-of-pocket expense if you have a claim. That will require enough disposable savings in order to pay the deductible.

Difference between full coverage and liability only rates

The chart below illustrates the comparison of Ford Fusion car insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in New York. Data assumes no claims or violations, $500 deductibles, single marital status, and no discounts are applied.

When to drop comprehensive and collision

There is no set guideline of when to stop paying for comp and collision coverage, but there is a general guideline. If the annual cost of comprehensive and collision coverage is 10% or more of the vehicle's replacement cost less your deductible, then you might want to think about dropping full coverage.

For example, let's assume your Ford Fusion claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $5,000 after paying the physical damage deductible. If it's costing you more than $500 annually for full coverage, then you might want to consider buying only liability coverage.

There are some circumstances where removing full coverage is not recommended. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not opt for liability only.

Why you need insurance

Despite the high insurance cost for a Ford Fusion in Buffalo, paying for insurance is required for several reasons.

  • The majority of states have mandatory liability insurance requirements which means state laws require a specific minimum amount of liability insurance in order to drive the car legally. In New York these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
  • If you took out a loan on your Ford Fusion, more than likely the lender will have a requirement that you have insurance to guarantee payment of the loan. If you let the policy lapse, the bank will be required to insure your Ford for a much higher rate and force you to reimburse them for it.
  • Insurance protects your Ford and your assets. It will also reimburse you for medical expenses incurred in an accident. One policy coverage, liability insurance, will also pay to defend you if you are sued as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will pay to have it repaired.

The benefits of buying insurance more than cancel out the cost, especially if you ever need it. Unknowingly, the average driver overpays more than $865 each year so compare rates at every policy renewal to make sure the price is not too high.

How do Insurers Determine Ford Fusion Insurance Rates?

Many different elements are used in the calculation when you get a price on insurance. Some are obvious such as your driving history, but some are not as apparent such as your credit history or how safe your car is.

Shown below are most of the major factors companies use to determine rates.

  • Performance makes a difference - The make and model of the car you are buying insurance for makes a significant difference in the rate you pay. The lowest rates are usually found on lower cost passenger models, but other factors influence the final cost greatly.

    The data below uses these assumptions: married male driver age 30, full coverage with $250 deductibles, and no discounts or violations. It shows Ford Fusion rates compared to other vehicles that have different risk factors.

  • Little extras can really add up - Policies have additional coverages that sound like a good idea at the time on your Fusion policy. Add-on coverages like rental car coverage, accidental death, and membership fees are some examples. They may sound like good ideas at first, but if you have no use for them get rid of them and save.
  • Know your vehicle's safety rating - Vehicles that have high safety ratings get lower rates. Highly rated vehicles reduce injuries and better occupant protection translates into savings for insurance companies passed on to you as lower rates.
  • Premiums can change based on your address - Choosing to live in a rural area has definite advantages when talking about auto insurance. Fewer drivers and short commutes means a lower chance of having an accident and a lower car theft rate. People who live in big cities have more auto accidents and much longer commute distances. More time commuting means more chance of being in an accident.
  • Get better costs if you're married - Walking down the aisle actually saves money on your policy. Having a significant other means you're more mature than a single person and it's proven that drivers who are married are more cautious.
  • Insurance losses for a Ford Fusion - Insurers use past insurance losses to help determine the price you pay. Vehicles that are shown to have higher number or severity of losses will have higher rates for specific coverages. The next table shows the historical loss data for Ford Fusion vehicles.

    For each insurance policy coverage type, the statistical loss for all vehicles, as an average, is considered to be 100. Values below 100 mean the vehicle has better than average losses, while percentage numbers above 100 indicate more frequent claims or an increased likelihood of larger losses.

    Ford Fusion Insurance Claim Statistics
    Specific Ford Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
    Ford Fusion 2WD 110 95 108 116 111 105
    Ford Fusion 4WD 115 85 120 88 77 71
    Ford Fusion Hybrid 125 97 98 92 93 95
    Ford Fusion Plug-in Hybrid 128 87 91 88 91 107

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

There's no such thing as the perfect car insurance policy

Always keep in mind that when comparing your policy, there isn't really a one-size-fits-all type of policy. Everyone's situation is a little different and your car insurance should unique, too.Safe vehicles cost less to insure Here are some questions about coverages that could help you determine if your situation might need an agent's assistance.

  • Exactly who is provided coverage by my policy?
  • Is my cargo covered for damage or theft?
  • What is an umbrella policy?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do all my vehicles need collision coverage?
  • Why do I need rental car insurance?
  • Does my policy cover my teen driver if they drive my company car?
  • What does medical payments coverage do?
  • Is my son or daughter covered when driving my car?
  • Am I covered if I back into my garage door?

If you don't know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Cheaper car insurance is a realistic goal

As you go through the steps to switch your coverage, make sure you don't skimp on critical coverages to save a buck or two. In many instances, someone sacrificed collision coverage only to regret they didn't purchase enough coverage. Your aim should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.

We just showed you some good ideas how you can save on Ford Fusion insurance in Buffalo. It's most important to understand that the more rate comparisons you have, the better chance you'll have of finding inexpensive Buffalo car insurance quotes. You may even be surprised to find that the lowest priced car insurance comes from a lesser-known regional company. These companies can often provide lower prices in certain areas compared to the large companies like Allstate, GEICO and Progressive.

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