Compare Ford Escape Insurance Rate Quotes in Honolulu

Unimaginable but true, about 70% of customers have bought car insurance from the same company for over three years, and just under half have never compared car insurance rates at all. The average driver in the United States can save hundreds of dollars each year just by comparing rates, but they don’t know the benefits if they switch to a new company.

Insurance rates Ford Escape in HonoluluThe most effective way to find low-cost prices for Ford Escape insurance is to regularly compare quotes from insurers in Honolulu.

First, learn about how insurance companies determine prices and the changes you can make to prevent expensive coverage. Many risk factors that increase rates like traffic tickets, fender benders, and poor credit rating can be improved by making minor changes to your lifestyle.

Second, request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can give quotes from a single company like Progressive or State Farm, while agents who are independent can quote rates from multiple insurance companies. Compare rates

Third, compare the new rates to your existing coverage to see if you can save by switching companies. If you can save money and decide to switch, make sure coverage does not lapse between policies.

Fourth, provide written notification to your current company to cancel your current auto insurance policy and submit any necessary down payment along with the completed application for the new policy. Once the application is submitted, store the certificate of insurance in an accessible location in your vehicle.

One tip to remember is that you’ll want to make sure you compare the same amount of coverage on every quote request and and to compare every company you can. Doing this helps ensure an apples-to-apples comparison and the best price selection.

What Impacts Ford Escape Insurance Prices?

Consumers need to have an understanding of a few of the rating criteria that go into determining your policy premiums. If you know what controls the rates you pay, this helps enable you to make changes that can help you get much lower annual insurance costs.

Poor credit rating equals high prices – Having a good credit score can be an important factor in determining what you pay. Drivers with very good credit scores tend to be more responsible than those with lower credit ratings. So if your credit is low, you could be paying less to insure your Ford Escape by spending a little time repairing your credit.

Driver age impacts costs – Older, more experienced drivers are proven to be safer behind the wheel, are lower risk to insure, and tend to be get fewer driving tickets. Teen drivers are proven to be more careless behind the wheel therefore auto insurance rates are much higher.

The following chart uses these assumptions: single driver, full coverage with $500 deductibles, and no discounts or violations.

Drive a fast car and pay more – The performance of the vehicle you own makes a substantial difference in your premium level. Economy passenger vehicles generally have the cheapest insurance rates, but other factors influence the final cost greatly.

The chart below is based on a single female driver age 40, full coverage with $250 deductibles, and no discounts or violations. The chart compares Ford Escape insurance rates compared to other models of vehicles that have different risk factors.

Do you save by driving less? – The higher the mileage driven in a year the more you’ll pay to insure your vehicle. Many insurance companies rate vehicles based upon how much you drive. Vehicles that sit idle most of the time can get a lower rate compared to those used for work or business. It’s a smart idea to ensure your auto insurance declarations sheet is showing how each vehicle is driven, because improper ratings can cost you money. Having the wrong rating on your Escape may be wasting your money.

Avoid unnecessary extra policy coverages – Insurance policies have a lot of additional coverages that may not really be needed when buying auto insurance. Insurance for things like replacement cost coverage, towing, and additional equipment coverage are some examples. They may seem like a good idea when buying your policy, but if you have no use for them remove them and pocket the money.

Ford Escape claim probability – Insurance companies include the past claim trends for vehicles in order to profitably underwrite each model. Models that are shown to have higher frequency or amount of claims will have increased rates. The data below shows the loss history for Ford Escape vehicles.

For each coverage category, the claim amount for all vehicles, regardless of make, model or trim level, is equal to 100. Values that are below 100 represent a good loss history, while numbers shown that are more than 100 indicate more frequent losses or an increased chance of a larger loss.

Insurance Loss Ratings for Ford Escape Vehicles
Specific Ford Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Escape 4dr 2WD 80 91 83 94 94 92
Ford Escape 4dr 4WD 81 84 94 85 90 77

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Rates and information analytics

The premium table below outlines different insurance coverage prices for Ford Escape models. Understanding more about how rates are determined can help you make informed decisions when shopping around for a new policy.

Ford Escape Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $154 $278 $236 $14 $70 $752 $63
Escape XLS 4WD $154 $278 $236 $14 $70 $752 $63
Escape XLT 2WD $154 $278 $236 $14 $70 $752 $63
Escape Limited 2WD $176 $278 $236 $14 $70 $774 $65
Escape XLT 4WD $176 $278 $236 $14 $70 $774 $65
Escape Limited 4WD $176 $338 $236 $14 $70 $834 $70
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Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Price information does not factor in Honolulu location which can modify coverage prices considerably.

Deductible comparison

A question often asked by Honolulu drivers is where to set your physical damage deductibles. The rates shown below show the differences in premium rates of buying low and high physical damage coverage deductibles. The first rate comparisons uses a $250 physical damage deductible and the second pricing table uses a $500 deductible.

Ford Escape insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $178 $284 $226 $14 $68 $795 $66
Escape XLS 4WD $178 $284 $226 $14 $68 $795 $66
Escape XLT 2WD $178 $284 $226 $14 $68 $795 $66
Escape Limited 2WD $204 $284 $226 $14 $68 $821 $68
Escape XLT 4WD $204 $284 $226 $14 $68 $821 $68
Escape Limited 4WD $204 $344 $226 $14 $68 $881 $73
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Ford Escape insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $144 $228 $226 $14 $68 $680 $57
Escape XLS 4WD $144 $228 $226 $14 $68 $680 $57
Escape XLT 2WD $144 $228 $226 $14 $68 $680 $57
Escape Limited 2WD $166 $228 $226 $14 $68 $702 $59
Escape XLT 4WD $166 $228 $226 $14 $68 $702 $59
Escape Limited 4WD $166 $278 $226 $14 $68 $752 $63
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Rate quotes do not factor in the specific area where the vehicle is garaged which can alter coverage rates noticeably.

We can estimate from the data above that using a $250 deductible would cost the average driver about $9 more each month or $108 annually than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally go at least 28 months between claims, you would probably come out ahead if you opt for a higher deductible.

Get cheaper rates by receiving discounts

Not too many consumers would say auto insurance is affordable, but discounts can save money and there are some available that many consumers don’t even know exist. Some discounts apply automatically at quote time, but less common discounts must be specially asked for before you will receive the discount.Auto insurance discounts

While discounts sound great, it’s important to understand that most discounts do not apply to your bottom line cost. Most cut individual premiums such as liability, collision or medical payments. So even though you would think you could get a free auto insurance policy, companies don’t profit that way.

The illustration below illustrates the difference between Ford Escape insurance prices with and without discounts applied to the policy premium. The price estimates are based on a female driver, no tickets, no at-fault accidents, Hawaii state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, marriage, claim-free, homeowner, and safe-driver discounts applied.

To see companies who offer auto insurance discounts in Hawaii, click here.

Auto insurance company ratings

Selecting the best insurance company can be rather challenging considering how many choices there are in Hawaii. The information below may help you decide which providers you want to consider comparing rates from.

Honolulu, Hawaii Auto Insurance Company Rankings
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
Progressive 84 91 93 87% A+ 89.5
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Farmers Insurance 78 87 88 79% A 84.3
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Data Source: Best Car Insurance Companies

Compare. Compare. Compare.

Some insurance providers do not offer the ability to get quotes online and these small insurance companies sell through local independent agents. Cheaper Ford Escape insurance in Honolulu is attainable on the web and from local agencies, and you need to comparison shop both so you have a total pricing picture.

As you quote Honolulu car insurance, you should never buy less coverage just to save a little money. There are many occasions where an insured cut comprehensive coverage or liability limits only to regret that it was a big mistake. The goal is to purchase plenty of coverage at the best cost, not the least amount of coverage.

You just learned many tips how you can find cheaper Ford Escape insurance in Honolulu. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding affordable Ford Escape insurance quotes. Consumers could even find that the best premium rates are with a small local company. Some small companies may only write in your state and offer lower prices than the large multi-state companies such as Allstate or State Farm.

More detailed auto insurance information can be found in the articles below: