How long has it been since you compared quotes for more competitive Ford Fusion insurance in Colorado Springs? I really doubt anyone looks forward to paying premiums for insurance, especially when it costs too dang much.
It’s an obvious assumption that car insurance companies want to keep you from shopping around. Consumers who get price comparisons are highly likely to buy a different policy because there is a significant possibility of finding a more affordable policy premium. A recent insurance study discovered that drivers who routinely shopped around saved about $3,400 over four years as compared to drivers who never compared rates.
If finding the lowest rates on car insurance is the reason you’re here, knowing how to quote and compare insurance coverage can help you be more efficient. Companies like State Farm, Farmers Insurance, GEICO and Allstate all claim big savings with advertising and it is challenging if not impossible to separate fact from fiction and do the work needed to find the best deal.
Low Cost companies for Ford Fusion insurance in Colorado
The following companies can provide free rate quotes in Colorado. To get cheap auto insurance in CO, we suggest you click on several of them to find the most competitive auto insurance rates.
Statistics and details
The rate information below highlights estimates of insurance prices for Ford Fusion models. Having a better understanding of how insurance prices are established can help customers make informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion S 4-Dr Sedan | $172 | $314 | $338 | $20 | $100 | $944 | $79 |
| Fusion SE 4-Dr Sedan | $194 | $370 | $338 | $20 | $100 | $1,022 | $85 |
| Fusion Hybrid 4-Dr Sedan | $194 | $426 | $422 | $24 | $126 | $1,192 | $99 |
| Fusion SEL 4-Dr Sedan | $194 | $370 | $338 | $20 | $100 | $1,022 | $85 |
| Fusion Sport 4-Dr Sedan | $194 | $370 | $338 | $20 | $100 | $1,022 | $85 |
| Fusion SEL AWD 4-Dr Sedan | $216 | $426 | $338 | $20 | $100 | $1,100 | $92 |
| Fusion Sport AWD 4-Dr Sedan | $216 | $426 | $338 | $20 | $100 | $1,100 | $92 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Price estimates do not factor in vehicle location which can alter insurance rates greatly.
How high should deductibles be?
One of the most common auto insurance questions is which deductible level should you buy. The figures shown below illustrate the cost difference when you buy lower versus higher policy deductibles. The first rate estimation uses a $100 deductible for comp and collision and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion S 4-Dr Sedan | $302 | $546 | $352 | $20 | $106 | $1,351 | $113 |
| Fusion SE 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| Fusion Hybrid 4-Dr Sedan | $342 | $740 | $440 | $26 | $132 | $1,705 | $142 |
| Fusion SEL 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| Fusion Sport 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| Fusion SEL AWD 4-Dr Sedan | $380 | $740 | $352 | $20 | $106 | $1,623 | $135 |
| Fusion Sport AWD 4-Dr Sedan | $380 | $740 | $352 | $20 | $106 | $1,623 | $135 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion S 4-Dr Sedan | $220 | $368 | $352 | $20 | $106 | $1,066 | $89 |
| Fusion SE 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| Fusion Hybrid 4-Dr Sedan | $250 | $500 | $440 | $26 | $132 | $1,348 | $112 |
| Fusion SEL 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| Fusion Sport 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| Fusion SEL AWD 4-Dr Sedan | $278 | $500 | $352 | $20 | $106 | $1,256 | $105 |
| Fusion Sport AWD 4-Dr Sedan | $278 | $500 | $352 | $20 | $106 | $1,256 | $105 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Price information does not factor in zip code location which can raise or lower premium rates significantly.
Using the data above, we can ascertain that using a $100 deductible could cost the average driver approximately $28 more each month or $336 a year than choosing the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 14 months between claim filings, you would come out ahead if you choose a higher deductible.
How to calculate if a higher deductible is a good decision
| Average monthly premium for $100 deductibles: | $128 |
| Average monthly premium for $500 deductibles (subtract): | – $100 |
| Monthly savings from raising deductible: | $28 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $28 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 14 months |
The illustration below highlights how deductible choice and can influence Ford Fusion premium costs for different insured age categories. The data is based on a single female driver, comp and collision included, and no additional discounts are factored in.
Ford Fusion full coverage rates compared to liability only
The diagram below shows the difference between Ford Fusion premium costs with and without full coverage. The premiums assume no violations or claims, $250 deductibles, drivers are not married, and no discounts are factored in.
When to drop full coverage
There is no clear-cut rule for eliminating physical damage insurance, but there is a general school of thought. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.
For example, let’s say your Ford Fusion claim settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after paying your policy deductible. If it’s costing you more than $200 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.
There are some conditions where buying only liability insurance is not financially feasible. If you haven’t paid off your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Colorado Springs insurance discounts for a Ford Fusion
Not too many consumers would say car insurance is affordable, but there are discounts available that can dramatically reduce your bill. Certain credits will be shown when you complete an application, but a few must be asked for before they will apply.
- Accident Free – Claim-free drivers are rewarded with significantly better rates on Colorado Springs car insurance quote in comparison with insureds who have frequent claims or accidents.
- Discounts for Cautious Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates than their less cautious counterparts.
- Government Employees – Active or former government employment could provide a small rate reduction with a few car insurance companies.
- Club Memberships – Affiliation with certain professional organizations could earn you a nice discount when shopping for car insurance.
- Resident Student – Kids who are enrolled in a college that is more than 100 miles from Colorado Springs and do not take a car to college can be insured at a reduced rate.
- Discount for Multiple Policies – When you have multiple policies with the same insurance company you could save at least 10 to 15 percent or more.
- Theft Prevention System – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and will qualify for a discount on a Colorado Springs car insurance quote.
- One Accident Forgiven – Not a discount per se, but some insurance companies will turn a blind eye to one accident without raising rates if your claims history is clear for a particular time prior to the accident.
- Onboard Data Collection – People who choose to allow their insurance company to look at driving habits by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates as long as they are good drivers.
A little disclaimer on discounts, most discounts do not apply to all coverage premiums. Most cut specific coverage prices like liability, collision or medical payments. So despite the fact that it appears all those discounts means the company will pay you, you’re out of luck.
The diagram below compares Ford Fusion premium costs with and without discounts applied to the policy rates. Data assumes a female driver, a clean driving record, no claims, Colorado state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, marriage, multi-policy, and multi-car discounts applied.
A list of companies and a summarized list of policyholder discounts include:
- Farm Bureau may offer discounts for multi-policy, multi-vehicle, youthful driver, driver training, safe driver, 55 and retired, and good student.
- Liberty Mutual has discounts for preferred payment discount, newly married, multi-policy, newly retired, safety features, exclusive group savings, and teen driver discount.
- State Farm offers premium reductions for good driver, passive restraint, multiple autos, driver’s education, and safe vehicle.
- Auto-Owners Insurance may include discounts for paid in full, safe vehicle, student away at school, company car, teen driver, and multi-policy.
- GEICO discounts include emergency military deployment, multi-policy, five-year accident-free, federal employee, anti-theft, membership and employees, and seat belt use.
- SAFECO offers discounts including teen safety rewards, anti-lock brakes, multi-car, teen safe driver, homeowner, accident prevention training, and drive less.
Check with each insurance company the best way to save money. Savings might not be offered in your area. To view car insurance companies who offer car insurance discounts in Colorado Springs, click this link.
Get Ford Fusion Insurance at a Discount
When buying insurance it’s important to understand some of the elements that help calculate insurance rates. When consumers understand what determines premiums, this helps enable you to make changes that may reward you with better insurance rates. Many things are part of the equation when premium rates are determined. A few of the factors are predictable like an MVR report, but other criteria are more obscure such as your marital status or your financial responsibility.
- Vehicles with better crash test results means cheaper insurance rates – Cars with five star safety ratings can get you lower premiums. Highly rated vehicles have better occupant injury protection and lower injury rates means lower claim amounts which can mean better rates for you.
- Safeguard your assets with liability coverage – The liability coverage on your policy will afford coverage in the event that a jury decides you are liable for damages from an accident. Liability provides you with a defense in court which can cost thousands of dollars. This coverage is relatively inexpensive as compared to coverage for physical damage, so drivers should carry high limits.
- Urban areas may pay more – Residing in small towns and rural areas can save you money when shopping for auto insurance. People who live in big cities tend to have congested traffic and higher rates of accident claims. Lower population translates into fewer accidents and lower theft and vandalism rates.
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Accidents can increase premiums – Your driving record has a lot to do with how much you pay for insurance. Careful drivers receive lower rates as compared to careless drivers. Only having one chargeable violation can bump up the cost by as much as twenty percent. People who have license-revoking violations like DWI, reckless driving or hit and run convictions might be required by their state to maintain a SR-22 with their state DMV in order to prevent their license from being revoked.
The chart below illustrates how speeding tickets and fender-benders increase Ford Fusion auto insurance costs for different categories of driver ages. The rates are based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.
- Infrequent drivers can save – The more you drive your Ford in a year the more you’ll pay to insure it. Almost all companies rate vehicles based on their usage. Cars and trucks that are left in the garage cost less to insure than those used for commuting. Double check that your insurance coverage properly reflects how each vehicle is driven. Having an incorrect usage rating on your Fusion can cost quite a bit.
- Car plus home equals more savings – Most larger insurance companies afford a discount to customers who carry more than one policy such as combining an auto and homeowners policy. Even if you qualify for this discount already, it’s in your best interest to get quotes from other companies to help guarantee you have the best rates.
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Ford Fusion statistical loss data – Insurance companies use data from past claims to determine a rate that will be profitable for them. Models that the data determines to have higher claim frequency or loss amount will cost more for specific coverages. The table below outlines the insurance loss data used by companies for Ford Fusion vehicles.
For each policy coverage, the claim probability for all vehicles averaged together is a value of 100. Numbers shown that are under 100 suggest losses that are better than average, while percentage values above 100 indicate more frequent claims or a tendency for losses to be larger than average.
Ford Fusion Insurance Loss Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Ford Fusion 2WD 110 95 108 116 111 105 Ford Fusion 4WD 115 85 120 88 77 71 Ford Fusion Hybrid 125 97 98 92 93 95 Ford Fusion Plug-in Hybrid 128 87 91 88 91 107 BETTERAVERAGEWORSEStatistics from IIHS.org for 2013-2015 Model Years
When in doubt talk to an agent
Always keep in mind that when comparing proper insurance coverage for your vehicles, there is no perfect coverage plan. Each situation is unique and your car insurance should be unique as well.
These are some specific questions might point out if your situation will benefit from professional help.
- Where can I find DUI or SR-22 insurance?
- What is the difference between personal and commercial auto insurance policies?
- Does my policy cover me if I wreck while driving under the influence?
- Do I need replacement cost coverage?
- How long can I keep a teen driver on my policy?
- Is a driver training discount available?
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.
Local Colorado Springs insurance agencies
Many drivers would prefer to get professional advice from a licensed agent and that is a smart decision Professional insurance agents can help determine the best coverages and help file insurance claims. One of the best bonuses of getting online price quotes is the fact that drivers can get the best rates and still have a local agent.
Upon completion of this quick form, the quote information is emailed to local insurance agents in Colorado Springs who can give free rate quotes to get your business. It’s much easier because you don’t need to visit any agencies because quoted prices will be sent directly to you. If you wish to quote rates from a specific company, feel free to visit that company’s website and fill out the quote form the provide.
Picking an insurance company should include more criteria than just the premium amount. Before buying a policy in Colorado Springs, get answers to these questions.
- How much experience to they have in personal lines coverages?
- Does the agency provide any after hours assistance?
- Are they full-time agents?
- What is the agency’s Better Business Bureau rating?
- Are they primarily personal or commercial lines agents in Colorado Springs?
If you are searching for a good Colorado Springs insurance agent, you need to know there are two types of insurance agents and how they can service your needs differently. Insurance agencies are categorized either exclusive agents or independent agents. Either can properly insure your vehicles, but it is a good idea to know the difference in how they write coverage because it can impact which type of agent you select.
Exclusive Insurance Agents
These type of agents normally can only provide a single company’s rates and some examples include AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agencies are unable to shop your coverage around so it’s a take it or leave it situation. Exclusive agents are usually quite knowledgeable on sales techniques which helps offset the inability to provide other markets.
The following is a short list of exclusive insurance agents in Colorado Springs that can give you comparison quotes.
Allstate Insurance: Wermers Agency Inc
1283 Kelly Johnson Blvd – Colorado Springs, CO 80920 – (719) 471-6777 – View Map
Connie Slater – State Farm Insurance Agent
5731 Silverstone Terrace #120 – Colorado Springs, CO 80919 – (719) 268-9003 – View Map
Allstate Insurance: Cally O’Donnell
3993 Academy Blvd N – Colorado Springs, CO 80917 – (719) 596-8800 – View Map
Independent Agents (or Brokers)
Agents of this type are not restricted to one company so as a result can place your coverage through many companies and get you the best rates possible. If they find a cheaper price, your agent can just switch to a different company and that require little work on your part. When comparing rate quotes, it’s recommended you compare quotes from several independent agencies to have the best price comparison.
The following are independent agencies in Colorado Springs that can give you comparison quotes.
Six and Geving Insurance Inc
3630 Sinton Rd # 200 – Colorado Springs, CO 80907 – (719) 590-9990 – View Map
Nationwide Insurance: Jeffrey Lloyd Sudermann Agency
6455 N Union Blvd #104 – Colorado Springs, CO 80918 – (303) 974-7676 – View Map
Mary Beth Stiltner Insurance Agency
1880 Dublin Blvd # C – Colorado Springs, CO 80918 – (719) 528-1555 – View Map
After talking to the agent and getting positive responses to all your questions as well as the cheapest Ford Fusion insurance in Colorado Springs quotes, it’s a good possibility that you have found an insurance agent that can be trusted to provide insurance coverage.
Insurance savings summarized
We’ve covered some good ideas how to compare Ford Fusion insurance prices in Colorado Springs. It’s most important to understand that the more you quote Colorado Springs car insurance, the better your chances of lowering your rates. Consumers may even find the best prices are with the smaller companies. Regional companies may only write in your state and offer lower rates compared to the large companies like State Farm or Progressive.
When you buy Colorado Springs car insurance online, never skimp on critical coverages to save a buck or two. There are a lot of situations where an insured cut liability limits or collision coverage only to regret that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find for the lowest cost but still have enough coverage for asset protection.
How to quote cheaper Ford Fusion insurance in Colorado Springs
If saving money is your primary concern, then the best way to get the cheapest Ford Fusion insurance is to compare prices annually from companies in Colorado Springs.
- Try to learn a little about car insurance and the steps you can take to prevent high rates. Many rating factors that are responsible for high rates such as accidents, traffic tickets, and a substandard credit history can be rectified by making minor driving habit or lifestyle changes.
- Compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from one company like GEICO and Allstate, while independent agencies can provide prices from multiple sources. View prices
- Compare the new rates to the price on your current policy to see if cheaper Fusion coverage is available in Colorado Springs. If you find a better price and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
One key aspect of rate comparisons is to try to use the same liability limits and deductibles on each price quote and and to get price quotes from every insurance company. Doing this guarantees a fair rate comparison and the best price selection.
To learn more, take a look at the following helpful articles:
- Prom Night Tips for Teen Drivers (State Farm)
- Who Has Cheap Car Insurance Rates for a Jeep Grand Cherokee in Colorado Springs? (FAQ)
- Who Has the Cheapest Colorado Springs Auto Insurance Rates for a Chevrolet Equinox? (FAQ)
- How Much are Colorado Springs Auto Insurance Quotes for Drivers with Good Credit? (FAQ)
- Who Has Cheap Colorado Springs Auto Insurance for Welfare Recipients? (FAQ)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Auto Insurance Basics (Insurance Information Institute)
- Speed and Speed Limit FAQ (iihs.org)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)