The preferred way to get the cheapest Ford Edge insurance is to begin comparing prices regularly from insurers in Honolulu. Rate comparisons can be done by following these steps.
Step 1: Get a basic knowledge of coverages and the things you can control to prevent expensive coverage. Many factors that drive up the price like high-risk driving behaviors and a lousy credit rating can be rectified by making minor changes in your lifestyle. This article gives instructions to prevent high rates and get bigger discounts.
Step 2: Compare rates from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like GEICO and Allstate, while independent agencies can provide price quotes for a wide range of insurance providers. Begin your rate comparison
Step 3: Compare the price quotes to the price on your current policy to determine if you can save on Edge insurance. If you can save some money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
One important bit of advice is that you’ll want to compare identical limits and deductibles on every quote request and and to get rates from as many companies as possible. Doing this provides a fair price comparison and many rates to choose from.
Surprisingly, a recent survey revealed that most car insurance customers have been with the same company for over three years, and about 40% of consumers have never quoted car insurance rates at all. Honolulu consumers could save $360 a year, but they just don’t understand how easy it is to compare rates online.
If you currently have auto insurance, you will surely be able to find better prices using this strategy. Buying the cheapest auto insurance in Honolulu is easy if you know what you’re doing. But Hawaii drivers do need to know how insurance companies set your policy premium and take advantage of how the system works.
The easiest way to get policy rate comparisons for Ford Edge insurance in Honolulu is to know most of the bigger providers allow for online access to give free rates quotes. All consumers are required to do is take a few minutes to give details including level of coverage desired, if a SR-22 is required, daily mileage, and how old drivers are. Those rating factors gets sent immediately to insurance companies and they respond with quotes very quickly.
To start a rate quote now, click here and complete the form.
The companies shown below can provide free rate quotes in Honolulu, HI. If several companies are displayed, we recommend you visit several of them to get a more complete price comparison.
Ford Edge detailed coverage information
The price information shown below highlights detailed analysis of insurance prices for Ford Edge models. Having knowledge of how insurance quotes are established can benefit drivers when making smart choices when purchasing an insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Edge SE 2WD||$94||$174||$278||$16||$84||$646||$54|
|Edge SE AWD||$94||$212||$278||$16||$84||$684||$57|
|Edge SEL 2WD||$94||$212||$278||$16||$84||$684||$57|
|Edge Limited 2WD||$94||$212||$278||$16||$84||$684||$57|
|Edge SEL AWD||$94||$212||$278||$16||$84||$684||$57|
|Edge Limited AWD||$108||$250||$278||$16||$84||$736||$61|
|Edge Sport 2WD||$108||$250||$278||$16||$84||$736||$61|
|Edge Sport AWD||$108||$250||$278||$16||$84||$736||$61|
|Get Your Own Custom Quote Go|
Data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Table data does not factor in vehicle garaging location which can revise premium rates considerably.
Should you buy full coverage?
The information below shows the difference between Ford Edge annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Hawaii. The premiums assume a clean driving record, no claims, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.
When to stop buying comprehensive and collision coverage
There is no definitive guideline to eliminate full coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let’s say your Ford Edge settlement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would receive is $3,000 after paying your deductible. If you are paying more than $300 annually for comprehensive and collision coverage, then it might be time to buy liability only.
There are some scenarios where removing full coverage is not advised. If you still have a loan on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not drop full coverage.
Protect your vehicle and other assets
Despite the high cost, insurance is required in Hawaii but also provides important benefits.
First, just about all states have minimum liability requirements which means the state requires a specific minimum amount of liability insurance if you drive a vehicle. In Hawaii these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your vehicle, more than likely the lender will have a requirement that you have insurance to protect their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Ford at a more expensive rate and require you to pay a much higher amount than you were paying before.
Third, insurance protects both your car and your personal assets. It will also provide coverage for medical transport and hospital expenses for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of insuring your Edge more than offset the price you pay, particularly for liability claims. On average, a vehicle owner in Honolulu overpays more than $869 every year so it’s important to compare rates at every policy renewal to ensure rates are competitive.
Save a ton on Ford Edge insurance in Honolulu with these nine discounts
Insurance can cost an arm and a leg, but you might find some hidden discounts that could drop your premiums quite a bit. Some discounts apply automatically at the time of purchase, but a few must be manually applied prior to getting the savings.
- Passive Restraints and Air Bags – Cars that have air bags may earn rate discounts of 25 to 30%.
- Senior Discount – Mature drivers can possibly qualify for a small decrease in premiums.
- Telematics Data – Insureds that choose to allow companies to track vehicle usage remotely like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease as long as they are good drivers.
- Life Insurance – Companies who offer life insurance give a lower insurance rate if you buy life insurance.
- Defensive Driver Discount – Taking part in a safe driver class can save you 5% or more and easily recoup the cost of the course.
- Theft Prevention Discount – Cars with anti-theft systems have a lower chance of being stolen and therefore earn up to a 10% discount.
- Driver’s Education for Students – Teen drivers should enroll and complete driver’s education if offered at their school.
- Discounts for Responsible Drivers – Insureds without accidents could pay up to 40% less than drivers with accidents.
- Federal Government Employee – Active or former government employment may reduce rates when you quote Honolulu auto insurance depending on your company.
Policy discounts save money, but many deductions do not apply to your bottom line cost. Most cut the cost of specific coverages such as medical payments or collision. If you do the math and it seems like all those discounts means the company will pay you, you’re out of luck.
The example below illustrates the comparison of Ford Edge annual premium costs with and without discounts applied to the premium. The costs are based on a male driver, no claims or violations, Hawaii state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, multi-car, homeowner, claim-free, and marriage discounts applied.
To choose insurance companies that can offer you the previously mentioned discounts in Hawaii, click this link.
Local Honolulu auto insurance agents and auto insurance
Many drivers would rather buy from a licensed agent and that is OK! One of the best bonuses of getting free rate quotes online is that drivers can save money and get better rates and still buy from a local agent.
To make it easy to find an agent, after completing this simple form, the coverage information is emailed to companies in Honolulu that provide free Honolulu auto insurance quotes and help you find cheaper coverage. There is no reason to contact an agency because quoted prices will be sent to you instantly. You can get cheaper auto insurance rates and work with a local agent. In the event you want to get a rate quote from a specific auto insurance provider, just go to their quote page and fill out the quote form the provide.
Finding the right insurance company is decision based upon more than just a cheap price. These questions are important to ask:
- Are aftermarket or OEM parts used to repair vehicles?
- Do they get extra compensation for selling add-on coverages?
- Is there a Errors and Omissions policy in force?
- How long have they worked with personal auto insurance coverage?
- Do they reduce claim amounts on high mileage vehicles?
- Which insurance companies are they affiliated with?
- Which companies do they recommend if they are an independent agency?
Exclusive or Independent: There is a difference
When researching an insurance agent, it can be helpful to understand the different agency structures to choose from. Agents may be either independent agents or exclusive agents depending on their employer.
Exclusive Insurance Agencies
These agents have only one company to place business with and some examples include Allstate and State Farm. They usually cannot compare rates from other companies so you need to shop around if the rates are high. They are usually well trained on the products they sell which can be an advantage.
Listed below is a list of exclusive insurance agents in Honolulu who may provide you with price quote information.
Independent Auto Insurance Agencies
These type of agents are normally appointed by many insurers so they have the ability to put coverage with many different companies and find the cheapest auto insurance rates. If you are not satisfied with one company, they simply move the coverage in-house and you stay with the same agent.
When comparing rates, you should always get some free quotes from multiple independent agents for the best price selection.
Shown below is a list of independent agencies in Honolulu who can help you get comparison quotes.
Insurance coverage options for a Ford Edge
Learning about specific coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. Insurance terms can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages found on most insurance policies.
Medical costs insurance
Med pay and PIP coverage reimburse you for immediate expenses for things like doctor visits, EMT expenses, chiropractic care, pain medications and surgery. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Collision coverage protection
Collision coverage will pay to fix damage to your Edge caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for claims such as hitting a parking meter, damaging your car on a curb, backing into a parked car, colliding with another moving vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to increase the deductible on your Edge to get cheaper collision coverage.
Comprehensive or Other Than Collision
This coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims such as damage from flooding, falling objects and rock chips in glass. The highest amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Ford Edge.
Because many people have only the minimum liability required by law (20/40/10), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.
Liability coverage can cover injuries or damage you cause to a person or their property. This coverage protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 20/40/10 that means you have $20,000 in coverage for each person’s injuries, a limit of $40,000 in injury protection per accident, and a limit of $10,000 paid for damaged property.
Liability coverage protects against claims such as medical services, loss of income and bail bonds. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible. Hawaii state law requires minimum liability limits of 20/40/10 but it’s recommended drivers buy better liability coverage.
The next chart shows why low liability limits may not be enough.
You just learned some good ideas how you can compare Ford Edge insurance prices in Honolulu. It’s most important to understand that the more you quote Honolulu auto insurance, the higher your chance of finding affordable Ford Edge insurance quotes. You may even discover the best prices are with a lesser-known regional company. Some small companies may only write in your state and offer lower rates compared to the large companies like Allstate and Progressive.
Lower-priced auto insurance in Honolulu can be purchased on the web in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies may not have the ability to get a quote online and many times these smaller providers provide coverage only through independent agencies.
To learn more, feel free to browse the articles below:
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- What Auto Insurance is Cheapest for a Honda CR-V in Honolulu? (FAQ)
- What Insurance is Cheapest for a Toyota Tacoma in Honolulu? (FAQ)
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Learn About Car Insurance (GEICO)
- Teen Driver Statistics (Insurance Information Institute)