Who Has Affordable Car Insurance Quotes for a Ford Fusion in Chicago?

Ford Fusion insurance image courtesy of QuoteInspector.com

Buying economical insurance for a Ford Fusion in Illinois doesn't take a ton of time, but it is dependent upon an enormous amount of factors such as whether you are a homeower, the likelihood of your vehicle being stolen, and if you have a history of accidents. Drivers pay around $1,221 per year for Fusion insurance, but that figure is a projection based on a 30-year-old single female driver with full comprehensive and collision coverage and $100 deductibles.

The issue with using an average estimated rate is the likelihood you may not be 30 years old (or even female), possibly married instead of single, or maybe you want different physical damage deductibles. Not every driver requires the same auto insurance coverages, so the only way to find cheap auto insurance rates for your Ford is to do the rate comparisons yourself.

Cheapest Ford Fusion Insurance Rates

The specific model of Fusion tends to have a direct impact on the annual cost of coverage, so the rate you pay to insure a Fusion S 4-Dr Sedan trim level will be $240 lower than the insurance cost for the higher-end Fusion Sport AWD 4-Dr Sedan model, as shown by the rates below.

Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Premium costs do not factor in specific zip code location which can affect premium rates noticeably.

Finding out which company has the best auto insurance rates for a Ford Fusion involves more time in order to find the best price.

Every insurance company used slightly different criteria for determining rates, so we'll take a look at the auto insurance companies that tend to have lower prices in Chicago, IL.

Best Car Insurance Prices for Your Fusion

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The Hartford may have some of the lowest car insurance rates in Chicago at around $769 per year. Rockford Mutual, Titan, Erie, and Cincinnati Insurance also are some of the lowest-priced Chicago, IL insurance companies.

As the example above demonstrates, if you are currently insured with Titan and switched to The Hartford, you might realize an annual savings of approximately $109. Drivers with Erie may save as much as $118 a year, and Cincinnati Insurance policyholders might reduce rates by $128 a year.

If you would like to find cheaper car insurance rates, click here to begin a quote or feel free to get quotes from the companies below.

Understand that those policy prices are averages for all insureds and vehicles and do not take into consideration an exact zip code location for a Ford Fusion. So the company that fits you best may not even be in the list above. That illustrates why you need to compare rates from multiple companies using your own personal information and vehicle type.

Types of discounts on Chicago insurance rates

Insurance companies that offer cheap quotes for a Ford Fusion may also provide price discounts that could reduce prices by 35% or more if you meet specific criteria. The best auto insurance companies and a selection of discounts include:

• State Farm includes discounts for multiple autos, passive restraint, Steer Clear safe driver discount, Drive Safe & Save, multiple policy, accident-free, and driver's education.
• Nationwide offers discounts for business or organization, good student, multi-policy, anti-theft, defensive driving, family plan, and Farm Bureau membership.
• GEICO may offer discounts for good student, five-year accident-free, defensive driver, multi-vehicle, air bags, and emergency military deployment.
• AAA discounts include multi-car, good driver, anti-theft, AAA membership discount, multi-policy, pay-in-full, and education and occupation.
• 21st Century has savings for air bags, early bird, teen driver, automatic seat belts, theft prevention, good student, and homeowners.
• The Hartford offers premium reductions for vehicle fuel type, anti-theft, good student, bundle, driver training, defensive driver, and air bag.

The information below shows the difference between yearly insurance costs with and without discounts applied to the premium. The price estimates are based on a male driver, no claims, a clean driving record, Illinois state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with multiple vehicle, vehicle safety, anti-theft, passive restraint, accident-free, and marriage discounts applied. When these discounts are applied to the policy premium, theamount saved on auto insurance for a Ford Fusion is 28% or $403.

The information below illustrates how your choice of deductibles can increase or decrease insurance rates when researching cheap insurance for a Ford Fusion. The premium estimates are based on a single male driver, full physical damage coverage, and no discounts are applied.

The data above shows that a 50-year-old driver could save $342 a year by increasing from a $100 deductible to a $500 deductible, or save $514 by choosing a $1,000 deductible. Even younger drivers, like the 20-year-old example, could lower their rates as much as $1,132 or even more just by choosing larger deductibles.

If you do make the decision to raise your deductibles, it will now be necessary to have enough savings set aside to cover the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.

Who has the cheapest Fusion insurance?

Chicago, IL auto insurance rates are influenced by many factors which can substantially change the price of your policy. Simply having another birthday, moving across town, or getting a reckless driving citation may prompt premium changes that can now make some companies cheaper than before. Not only may things change on your end, but insurers change rates at least once a year to help ensure profitability. A period of higher than normal claims can result in more expensive prices, while lower claim expenses may result in lower-cost Fusion insurance rates.

To help illustrate this point, the chart below shows which company has the cheapest car insurance in Chicago, IL for a 35-year-old male driver with no prior claims, no tickets, and solid credit. Based on his personal risk profile, The Hartford may offer the cheapest car insurance rates in Chicago at $1,272 annually. This is $77 less than the average policy premium paid by Illinois drivers of $1,349. Rockford Mutual, Titan, Erie, and Cincinnati Insurance are also included in the most affordable Chicago, IL auto insurance companies.

Now let's give the driver from the first example an accident claim, a little lower credit rating, and a few traffic violations. Due to the fact that every insurance company has a unique approach to determine rates, comparing quotes may now present a different set of cheap Chicago auto insurance companies as shown below.

USAA now has the best car insurance rate in Chicago with SECURA, Travelers, State Farm, and Safeco completing the list. This example demonstrates why it is critical to perform an extensive rate comparison when trying to get affordable car insurance quotes for a Ford Fusion.

Rates are influenced by many risk factors and can change substantially, so the best price when you last compared rates may now be one of the more expensive options.

How to find more affordable insurance for a Ford Fusion

It's not impossible to find cheaper rates, and here are some of the better thrifty solutions that can help drivers locate cheap coverage.

• Multi-policy discounts save money
• Improve your credit score
• Safer vehicles cost less to insure
• At-fault accidents can raise rates significantly
• Do not pay for comprehensive and collision coverage on older vehicles
• Shop around for cheaper prices often

The last item on the list is particularly crucial, as we discussed in the prior article. Car insurance prices can change in a short period of time, so you should be ready to change to a new company if a better rate can be found.

We understand brand loyalty, but it's not a good idea if that loyalty ends up costing money that could be used for better things. It only take a few minutes to compare prices and find cheaper auto insurance for a Ford Fusion in Chicago.

The insurance agencies listed below are willing to help you make a decision which car insurance policy is best, since lots of people like to get some help when buying car insurance for a Ford Fusion. It can be complicated to find the cheapest car insurance policy, so getting advice from a licensed Illinois insurance agent can give you comfort knowing your policy gives you adequate protection in case of an accident or claim.

To find an agent closest to you, click the button below the list.

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