Compare Ford Edge Insurance Rate Quotes in Denver

Insurance rates Ford Edge in DenverHow long has it been since the last time you looked for lower-priced Ford Edge insurance in Denver? Purchasing the lowest price Denver Ford Edge insurance quotes on the internet can seem to be impossible for beginners to price shopping over the internet. With so many options of insurers available, how can you have the ability to compare the different rates to find cheaper insurance rates?

It’s hard to fathom, but a large majority of consumers renewed their policy with the same company for more than four years, and nearly the majority have never compared rate quotes at all. Most drivers in Denver could pocket almost $600 a year just by shopping around, but they won’t spend time to compare rate quotes online.

If you are insured now, you should be able to buy cheaper car insurance using the ideas you’re about to read. Obtaining price quotes for the best-priced protection in Denver can be fairly easy. But Colorado drivers do need to know how insurance companies set your policy premium because it can help you find the best coverage.

Best companies for Ford Edge insurance

The companies shown below can provide price comparisons in Denver, CO. If multiple providers are shown, it’s a good idea that you get prices from several of them in order to find the most affordable rates.

Ford Edge Insurance Rate Estimates in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $204 $368 $368 $22 $110 $1,072 $89
Edge SE AWD $206 $464 $338 $20 $100 $1,128 $94
Edge SEL 2WD $214 $454 $474 $28 $142 $1,312 $109
Edge Limited 2WD $112 $238 $330 $20 $98 $798 $67
Edge SEL AWD $140 $326 $456 $28 $136 $1,086 $91
Edge Limited AWD $186 $416 $474 $28 $142 $1,246 $104
Edge Sport 2WD $162 $332 $358 $22 $108 $982 $82
Edge Sport AWD $252 $434 $460 $28 $138 $1,312 $109
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Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Information does not factor in Denver location which can influence prices greatly.

Deductible analysis

When buying car insurance, a common question is where to set your physical damage deductibles. The rates shown below determine the rate fluctuation when you buy lower versus higher deductibles. The first set of rates uses a $100 deductible and the second set of rates uses a $500 deductible.

Ford Edge insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $264 $448 $352 $20 $106 $1,215 $101
Edge SE AWD $264 $546 $352 $20 $106 $1,313 $109
Edge SEL 2WD $264 $546 $352 $20 $106 $1,313 $109
Edge Limited 2WD $264 $546 $352 $20 $106 $1,313 $109
Edge SEL AWD $264 $546 $352 $20 $106 $1,313 $109
Edge Limited AWD $302 $644 $352 $20 $106 $1,449 $121
Edge Sport 2WD $302 $644 $352 $20 $106 $1,449 $121
Edge Sport AWD $302 $644 $352 $20 $106 $1,449 $121
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Ford Edge insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $192 $304 $352 $20 $106 $974 $81
Edge SE AWD $192 $368 $352 $20 $106 $1,038 $87
Edge SEL 2WD $192 $368 $352 $20 $106 $1,038 $87
Edge Limited 2WD $192 $368 $352 $20 $106 $1,038 $87
Edge SEL AWD $192 $368 $352 $20 $106 $1,038 $87
Edge Limited AWD $220 $434 $352 $20 $106 $1,132 $94
Edge Sport 2WD $220 $434 $352 $20 $106 $1,132 $94
Edge Sport AWD $220 $434 $352 $20 $106 $1,132 $94
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Prices do not factor in the specific area where the vehicle is garaged which can modify price quotes considerably.

Using the premium rates above, we can conclude that using a $100 deductible costs roughly $24 more each month or $288 annually than quoting the higher $500 deductible. Because you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 17 months between claim filings, you would more than likely save some money if you elect the higher deductible.

Lower-cost Denver car insurance quotes with discounts

Some companies don’t necessarily list every discount very clearly, so the following list contains a few of the more common as well as some of the hidden savings tricks you should be using when you buy Denver car insurance online.Cheaper car insurance with discounts

As a footnote on discounts, most of the big mark downs will not be given to the entire cost. The majority will only reduce specific coverage prices like liability, collision or medical payments. If you do the math and it seems like you would end up receiving a 100% discount, it’s just not the way it works.

A list of car insurance companies and a selection of discounts are:

Before purchasing a policy, check with every insurance company which credits you are entitled to. Some discounts may not apply to policyholders in Denver. If you would like to view insurers that have a full spectrum of discounts in Colorado, click here to view.

Informed Drivers Can Save Money

Many factors are part of the equation when quoting car insurance. Some factors are common sense like an MVR report, but other factors are not quite as obvious such as your credit history or how safe your car is. Smart consumers have a good feel for the different types of things that are used to determine your policy premiums. If you know what positively or negatively impacts your premiums, this empowers consumers to make smart changes that could result in much lower annual insurance costs.

The factors shown below are just a few of the factors utilized by car insurance companies to help set premiums.

Allowing your auto insurance policy to lapse raises rates – Driving your car without having proper coverage can get your license suspended and auto insurance companies will penalize you for letting your coverage lapse. In addition to paying higher premiums, getting caught without coverage might get you a revoked license or a big fine. You may have to submit proof of financial responsibility or a SR-22 with the Colorado motor vehicle department to get your license reinstated.

What type of car, truck or SUV do you drive? – The performance level of the vehicle you are trying to find cheaper insurance for makes a huge difference in how high your rates are. The lowest premiums are for smaller low performance passenger cars, but there are many factors that impact the final cost. Since the Ford Edge falls in the crossover class, insuring your vehicle will cost slightly more as compared to the average rate in Denver.

Certain vocations raise prices – Did you know that where you work can have an impact on rates? Occupational choices like real estate brokers, air traffic controllers, and stock brokers generally pay higher premiums than the average policyholder due to high stress levels and incredibly demanding work hours. On the other hand, occupations like scientists, historians and the unemployed get better rates.

High comp and collision deductibles reduce rates – Comp and collision deductibles define the amount you are required to spend out-of-pocket if you file a covered claim. Physical damage coverage, also called comprehensive and collision insurance, is used to repair damage to your car. Examples of some claims that would be covered would be colliding with a stationary object, hail damage, and damage from wind. The more damage repair cost you have to pay, the less your company will charge you for insurance.

Insurance loss data for a Ford Edge – Companies use claims history to help calculate premium rates. Vehicles that are shown to have a trend towards higher claims will cost more for coverage.

The table below outlines the insurance loss data for Ford Edge vehicles. For each type of coverage, the claim amount for all vehicles compiled together is set at 100. Percentage values below 100 suggest losses that are better than average, while numbers above 100 point to more claims or statistically larger losses.

Ford Edge Insurance Claim Statistics

Specific Ford Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Edge 4dr 2WD 53 93
Ford Edge 4dr 4WD 71 108 75

Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

You may require the services of a local insurance agent

Some people would rather buy from a licensed agent and that can be a smart move A good thing about getting free rate quotes online is the fact that you can find cheaper rates but still work with a licensed agent.

Find insurance agent in DenverAfter filling out this form (opens in new window), the quote information is sent to companies in Denver that can give you free Denver car insurance quotes and help you find cheaper coverage. There is no need to visit any agencies as quotes are delivered to the email address you provide. It’s the lowest rates without requiring a lot of work. If you wish to quote rates from a particular provider, you just need to navigate to their website and fill out the quote form the provide.

Deciding on an provider requires you to look at more than just the bottom line cost. Any good agent in Denver should know the answers to these questions.

If you are searching for a good insurance agency, you must know there are a couple types of insurance agents and how they work. Agents can be described as either independent (non-exclusive) or exclusive.

Exclusive Insurance Agencies

Agents of this type can usually just insure with one company like Allstate, State Farm and Farm Bureau. Exclusive agencies are unable to provide rate quotes from other companies so they really need to provide good service. Exclusive agents are well trained on sales techniques and that allows them to sell at a higher price point. Many people use the same agent mainly due to the brand rather than low rates.

Listed below is a list of exclusive insurance agencies in Denver who may provide you with comparison quotes.

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Independent Insurance Agents

These agents often have affiliation with several companies and that allows them to write policies through many different car insurance companies enabling the ability to shop coverage around. If they quote lower rates, an independent agent can move your coverage and that require little work on your part. When shopping rates, it’s recommended you contact at a minimum one independent agency in order to compare the most rates. They also have the ability to place coverage with companies that do not advertise much that may provide cheaper car insurance rates.

Shown below is a list of independent agencies in Denver willing to provide comparison quotes.

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In the end, you can save money

Consumers switch companies for any number of reasons including an unsatisfactory settlement offer, delays in responding to claim requests, high rates after DUI convictions and even denial of a claim. Regardless of your reason, switching companies can be pretty painless.

In this article, we covered a lot of information how to compare Ford Edge insurance rates in Denver. The most important thing to understand is the more providers you compare, the better your chances of lowering your auto insurance rates. You may even find the most savings is with a small mutual company.

More affordable car insurance in Denver can be found from both online companies and with local Denver insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who may not have online rate quotes and these small, regional companies only sell through independent agents.

To read more, feel free to visit the resources below: