Insurance rates Ford Flex in St. LouisComparing and finding low cost coverage rates for Ford Flex insurance in St. Louis may be a challenge for drivers new to shopping for insurance online. With such a large number of companies in the marketplace, it can easily be a difficult situation to find the best coverage rates.

Unimaginable but true, most consumers in Missouri have been with the same company for well over three years, and just short of a majority have never compared insurance rates at all. American drivers could cut their rates by $859 a year, but they don't understand how simple it is to find affordable rates by getting comparison quotes.

Consumers should take time to compare prices on a regular basis because prices tend to go up over time. Just because you found the best rates on Ford Flex insurance in St. Louis six months ago you may be paying too much now. Ignore everything you know about insurance because I'm going to teach you the best way to find lower rates on insurance.

If you have insurance now, you will most likely be able to buy cheaper car insurance using the concepts covered in this article. Our goal in writing this article help educate you on how auto insurance companies operate and also pocket some savings Although Missouri vehicle owners can benefit from knowing how big insurance companies calculate your car insurance rates.

Car insurance providers offering competitive rates in Missouri

The following companies provide free rate quotes in St. Louis, MO. If the list has multiple companies, it's a good idea that you visit several of them to get a more complete price comparison.

Ford Flex Insurance Price Estimates in St. Louis, MO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Flex SE 2WD $162 $274 $302 $18 $90 $846 $71
Flex SEL 2WD $224 $462 $346 $20 $104 $1,156 $96
Flex SEL AWD $146 $236 $274 $16 $82 $754 $63
Flex Limited 2WD $124 $214 $250 $14 $74 $676 $56
Flex Limited AWD $162 $274 $250 $14 $74 $774 $65
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Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Prices do not factor in specific garaging location which can affect coverage rates noticeably.

Difference between liability only and full coverage rates

The chart below shows the difference between Ford Flex car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Missouri. The rates are based on no claims or driving violations, $250 deductibles, married male driver, and no other discounts are factored in.

When to stop paying for full coverage

There isn't a steadfast formula to exclude comp and collision coverage, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.

For example, let's say your Ford Flex settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $7,000 after paying your deductible. If it's costing you more than $700 annually to have full coverage, then it may be the right time to buy liability only.

There are some situations where eliminating full coverage is not a good idea. If you still have a loan on your vehicle, you must maintain physical damage coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle if your current one is totaled, you should keep full coverage in place.

Higher deductibles save money

The hardest decision when buying coverage is where should you set your physical damage deductibles. The premium rates below can help show the rate difference between high and low insurance deductibles. The first rate estimation uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.

Ford Flex insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Flex SE 2WD $258 $414 $266 $16 $80 $1,059 $88
Flex SEL 2WD $258 $488 $266 $16 $80 $1,133 $94
Flex SEL AWD $288 $488 $266 $16 $80 $1,163 $97
Flex Limited 2WD $288 $488 $266 $16 $80 $1,163 $97
Flex Limited AWD $288 $488 $266 $16 $80 $1,163 $97
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Ford Flex insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Flex SE 2WD $188 $280 $266 $16 $80 $830 $69
Flex SEL 2WD $188 $330 $266 $16 $80 $880 $73
Flex SEL AWD $210 $330 $266 $16 $80 $902 $75
Flex Limited 2WD $210 $330 $266 $16 $80 $902 $75
Flex Limited AWD $210 $330 $266 $16 $80 $902 $75
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Information does not factor in specific zip code location which can affect coverage prices noticeably.

Based on the above data, using a $100 deductible costs an average of $22 more each month or $264 annually than selecting the higher $500 deductible. Because you would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you usually have more than 18 months between claim filings, you would probably save some money if you decide on a higher deductible. Here's how you can come to your own conclusion.

Average monthly premium for $100 deductibles: $95
Average monthly premium for $500 deductibles (subtract): - $73
Monthly savings from raising deductible: $22
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $22
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 18 months

One important note is that raising deductibles to save money means you will have to pay more when you do file a claim. You need access to more funds in the event you have to pay the higher deductible in order to repair your vehicle.

Comparison of auto insurance rates by age and gender in St. Louis

The diagram below compares Ford Flex annual premium costs for male and female drivers. The rates are based on a clean driving record, no claims, comprehensive and collision coverage, $500 deductibles, marital status is single, and no discounts are taken into consideration.

Affordable St. Louis car insurance rates with discounts

Auto insurance companies don't always publicize all their discounts very well, so we break down a few of the more well known as well as some of the hidden credits available to lower your premiums when you buy St. Louis car insurance online.Car insurance discounts

We need to note that many deductions do not apply to the entire cost. Some only reduce specific coverage prices like physical damage coverage or medical payments. Just because it seems like it's possible to get free car insurance, that's just not realistic.

A few of the larger companies and their offered discounts are detailed below.

Double check with all companies you are considering to give you their best rates. Some discounts listed above may not be offered in your state. To find companies with the best Ford Flex insurance discounts in Missouri, follow this link.

Local St. Louis insurance agencies

Some people would prefer to visit with an insurance agent and doing that can be a smart decision The best thing about getting online price quotes is the fact that you can find cheaper rates and also buy local. Supporting neighborhood agents is still important in St. Louis.

To find an agent, once you fill out this quick form, your insurance coverage information is sent to companies in St. Louis who will give competitive quotes for your insurance coverage. It makes it easy because there is no need to find an agent since rate quotes are delivered directly to your email. You can find the lowest rates and an insurance agent to talk to. If for some reason you want to get a rate quote from a particular provider, you just need to navigate to their website and submit a quote form there.

Finding a good provider should depend on more than just a low price. A good agent in St. Louis will have answers to these questions.

After you get good answers and a good coverage price, you've probably found an insurer that is a good match to provide auto insurance coverage.

But the ad said I'd save 15% in 15 minutes!

State Farm, GEICO and Progressive constantly bombard you with television and radio advertisements. All the companies seem to make the promise that people will save just by moving your auto insurance coverage to their company. How is it plausible that every one can sell you cheaper insurance coverage? This is the way they can do it.

Auto insurance companies have an ideal profile for the right customer that earns them the most money. One example of a preferred risk might have to be between 30 and 50, is a homeowner, and drives less than 10,000 miles a year. A propective insured who fits those characteristics will probably get the lowest rates and will also pay quite a bit less when switching companies.

Consumers who are not a match for those criteria will have to pay higher rates and the driver buying from a lower-cost company. The trick companies use is to say "customers that switch" not "everyone that quotes" save money. That's the way companies can truthfully make those claims.

This really drives home the point why you should compare rate quotes every year. It's not possible to predict which company will have the best car insurance rates at this point in time.

Coverages available on your auto insurance policy

Learning about specific coverages of auto insurance helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Liability auto insurance - This will cover damage that occurs to other people or property that is your fault. It protects you against claims from other people, and doesn't cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/10 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $10,000. Another option is one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things like medical services, structural damage and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible. Missouri state law requires minimum liability limits of 25/50/10 but you should consider buying more coverage.

Collision - This coverage pays for damage to your Flex resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like sustaining damage from a pot hole, scraping a guard rail, crashing into a building and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible on your Flex to get cheaper collision coverage.

Uninsured or underinsured coverage - Uninsured or Underinsured Motorist coverage provides protection when the "other guys" are uninsured or don't have enough coverage. This coverage pays for injuries to you and your family as well as your vehicle's damage.

Because many people only purchase the least amount of liability that is required (25/50/10 in Missouri), it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently these limits do not exceed the liability coverage limits.

Medical expense coverage - Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like pain medications, funeral costs, nursing services, prosthetic devices and dental work. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive protection - Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as fire damage, a tree branch falling on your vehicle, theft and hitting a bird. The most your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Cheap auto insurance premiums are out there

A few companies may not have online price quotes and these regional carriers provide coverage only through independent agents. The cheapest Ford Flex insurance in St. Louis can be sourced on the web and with local St. Louis insurance agents, and you need to comparison shop both to have the best chance of lowering rates.

As you quote St. Louis car insurance, you should never reduce needed coverages to save money. Too many times, an insured dropped physical damage coverage to discover at claim time that the small savings ended up costing them much more. The proper strategy is to buy enough coverage at the lowest possible cost and still be able to protect your assets.

We just presented quite a bit of information on how to compare Ford Flex insurance car insurance rates in St. Louis. The most important thing to understand is the more companies you get premium rates for, the higher your chance of finding the cheapest Ford Flex rate quotes. Consumers may even find the lowest car insurance rates are with a small local company.

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