Buying economical insurance for a Ford Fusion in Hawaii relies on a very complex rating algorithm that uses multiple factors such as miles driven annually, whether you are claim-free, and driving violations. Drivers in Hawaii will pay on average $779 each year for Fusion insurance, but that amount is a valuation calculated using a 40-year-old married female driver with full coverage and $500 deductibles.
When estimating a car insurance rate like we just did, the issue is that you’re not a 40-year-old female, you might be single instead of married, or maybe you prefer higher deductibles. Insurance is an individual thing, so the best way to find the cheapest insurance price for your Ford is to do a thorough rate comparison. Quotes are free and easy and you can get rates from top-rated car insurance companies in Hawaii.
Your vehicle’s trim level will influence the cost of insurance, so the price you pay to insure a Fusion S 4-Dr Sedan will be $136 less than the cost to insure the more costly Fusion Sport AWD 4-Dr Sedan trim level, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$142||$272||$278||$16||$84||$792||$66|
|Fusion SE 4-Dr Sedan||$162||$320||$278||$16||$84||$860||$72|
|Fusion Hybrid 4-Dr Sedan||$162||$370||$348||$20||$104||$1,004||$84|
|Fusion SEL 4-Dr Sedan||$162||$320||$278||$16||$84||$860||$72|
|Fusion Sport 4-Dr Sedan||$162||$320||$278||$16||$84||$860||$72|
|Fusion SEL AWD 4-Dr Sedan||$180||$370||$278||$16||$84||$928||$77|
|Fusion Sport AWD 4-Dr Sedan||$180||$370||$278||$16||$84||$928||$77|
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Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Rate quotes do not factor in specific garaging location which can revise rates considerably.
Insuring your vehicle with a high-quality insurance company can be difficult considering how many different companies insure vehicles in Hawaii. The information in the lists below could help you analyze which car insurance companies to look at buying from. These ratings are for insurance companies that insure vehicles in the majority of U.S. states, so companies that focus mainly on Hawaii business will not be included in the list.
Top 10 Major Car Insurance Companies in Honolulu Ranked by A.M. Best Rating
- USAA – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Progressive – A+
- The Hartford – A+
- AAA Insurance – A
- Liberty Mutual – A
Top 10 Major Car Insurance Companies in Honolulu Ranked by Customer Satisfaction
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- Nationwide – 90%
- The Hartford – 89%
- GEICO – 89%
- Liberty Mutual – 88%
- Allstate – 88%
- Esurance – 87%
- Progressive – 87%
The example below illustrates how your deductible choice can increase or decrease annual premium costs when quoting cheap insurance for a Ford Fusion. The premiums assume a single female driver, full physical damage coverage, and no discounts are applied.
In the chart above, a 30-year-old driver could lower rates by $336 a year by switching from a $100 deductible to a $500 deductible, or save $506 by switching to a $1,000 deductible. Young drivers, like the 20-year-old example, could lower their rates $748 or even more just by choosing higher deductibles when buying full coverage.
If you make the decision to raise deductibles, it will now be necessary to have enough spare savings to cover the extra out-of-pocket expense, which deters some people from using high deductibles.
Full coverage versus liability only rates
Saving money on auto insurance is important to most vehicle owners, and one of the easiest ways to find cheap insurance for a Ford Fusion is to buy liability only. The diagram below illustrates the comparison of car insurance rates with full coverage and liability only. The data assumes a clean driving record, no claims, $1,000 deductibles, single marital status, and no other discounts are factored in.
As an average for all age groups, comp and collision coverage costs $1,668 per year more than just buying liability insurance. That touches on the question if full coverage is worth the money. There is no set guideline of when to eliminate full coverage on your policy, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.
For example, let’s pretend your vehicle’s claim settlement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $4,000 after you pay the deductible. If premium cost is more than $400 annually for full coverage, then it might be time to buy liability only.
There are some cases where dropping physical damage coverage is not recommended. If you still have a loan on your vehicle, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not drop full coverage.
How accidents and tickets impact rates
The recommended way to find affordable auto insurance rates in Honolulu for a Fusion is to be a cautious driver and avoid getting tickets or having accidents. The example below highlights how speeding tickets and at-fault collisions raise car insurance rates for different age categories. The premium estimates are based on a single male driver, full physical damage coverage, $250 deductibles, and no discounts are taken into consideration.
In the previous chart, the average cost of auto insurance in Honolulu per year with no accidents and a clean driving record is $1,654. Add in two speeding tickets and the average cost rises to $2,189, an increase of $536 each year. Then add two accidents along with the two speeding tickets and the 12-month cost of auto insurance for a Ford Fusion increases to an average of $4,162. That’s an increase of $2,509, or $209 per month, just for not paying attention while driving!
The professional agents shown below are willing to aid you in deciding which insurance coverage you need, as lots of drivers aren’t clear which coverage they need and would like to have the advice of a professional agent when comparing insurance rates for a Ford Fusion. It can be hard to find the best policy on your own, so a licensed agent can provide you satisfaction knowing your coverage gives you enough protection.
To locate a Honolulu auto insurance agent close to you, click the button link following the list.
First Insurance Co of Hawaii Limited
1100 Ward Ave # Main, Honolulu, HI 96814, Honolulu, 96818 – Honolulu, HI 96818 – (808) 527-7777
Cynthia Leiko Frost – State Farm Insurance Agent
2038 S King St – Honolulu, HI 96826 – (808) 952-5353
John H Connors Insurance
500 Ala Moana Blvd # 2303 – Honolulu, HI 96813 – (808) 534-7300
Doug Kam-Young – State Farm Insurance Agent
2841 Kaonawai Pl – Honolulu, HI 96822 – (808) 988-7011
Larry Bolibol – State Farm Insurance Agent
2153 N King St #108a – Honolulu, HI 96819 – (808) 847-0835