Finding the cheapest auto insurance for a Ford Fusion doesn’t take a lot of effort, but it depends on an enormous amount of factors such as how old the Fusion is, if you have prior claims, and if you have tickets or violations. Drivers will pay on average $907 per year to insure their Fusion, but that figure is a projection calculated based on a 40-year-old married female driver with full comprehensive and collision coverage and $250 deductibles.
The issue that arises when projecting rates is that it’s very likely that you are not 40 years old and maybe not even female, single instead of married, or maybe you just want different deductibles. Everone’s needs are different, and this illustrates why the best way to find the cheapest coverage for your Ford is to just take the time to compare rates yourself.
Your Ford’s trim level can impact the insurance rate, so the rate you pay to insure a Fusion S 4-Dr Sedan trim level will be $170 less than the price to insure the more costly Fusion Sport AWD 4-Dr Sedan version, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$180||$348||$286||$16||$86||$916||$76|
|Fusion SE 4-Dr Sedan||$204||$410||$286||$16||$86||$1,002||$84|
|Fusion Hybrid 4-Dr Sedan||$204||$470||$358||$22||$106||$1,160||$97|
|Fusion SEL 4-Dr Sedan||$204||$410||$286||$16||$86||$1,002||$84|
|Fusion Sport 4-Dr Sedan||$204||$410||$286||$16||$86||$1,002||$84|
|Fusion SEL AWD 4-Dr Sedan||$228||$470||$286||$16||$86||$1,086||$91|
|Fusion Sport AWD 4-Dr Sedan||$228||$470||$286||$16||$86||$1,086||$91|
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Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Premium costs do not factor in Anchorage location which can revise insurance rates considerably.
Finding good, cost effective car insurance is difficult, and determining which companies offer the cheapest auto insurance rates for a Ford Fusion may require even more diligence. Each auto insurer uses a little different formula for setting rates, so let’s take a look at the most affordable auto insurance companies in Anchorage.
Lowest Insurance Price Quotes for Your Fusion
|Rank||Company||Cost Per Year|
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Umialik may offer some of the most affordable car insurance rates in Anchorage at around $892 a year. This is $651 less than the average policy premium paid by Alaska drivers of $1,543. USAA, State Farm, Progressive, and GEICO also are some of the cheaper Anchorage, AK car insurance companies.
As depicted above, if you currently have a policy with Progressive and switched to USAA, you may see annual savings of approximately $284. Customers with GEICO might save as much as $1,023 a year, and Allstate policyholders might lower prices by $1,458 a year.
If you want to find out if you’re overpaying, click here to start your custom quote or quote prices from the following companies.
Understand that those prices are averaged across all drivers and vehicles in Alaska and are not factoring in a vehicle location for a Ford Fusion. So the insurer that fits your age and vehicle best may not even be in the list above. That point stresses why you need to compare prices as often as possible using your own personal information and vehicle type.
Types of discounts on Anchorage insurance
Insurance companies that provide policies for a Ford Fusion may also offer price discounts that could lower prices by 40% or more if you meet specific criteria. A few popular companies and some of the premium reductions they offer are:
- State Farm has discounts for multiple policy, student away at school, accident-free, Steer Clear safe driver discount, Drive Safe & Save, safe vehicle, and passive restraint.
- Progressive offers discounts including online quote discount, good student, homeowner, online signing, multi-vehicle, and continuous coverage.
- Travelers discounts include payment discounts, new car, continuous insurance, IntelliDrive, good student, early quote, and student away at school.
- American Family may have discounts that include air bags, accident-free, TimeAway discount, bundled insurance, and early bird.
- Liberty Mutual includes discounts for hybrid vehicle, good student, new move discount, newly retired, and exclusive group savings.
The illustration below shows the difference between insurance costs with and without discounts applied to the policy rates. The data assumes a female driver, no violations or accidents, Alaska state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows premium with no discounts. The lower bar shows the rates with multiple policy, passive restraint, vehicle safety, multiple vehicle, accident-free, and defensive driving course discounts applied. When these discounts are applied, theaverage yearly reduction on auto insurance for a Ford Fusion is 28% or $568.
Why you should be comparing rates
Anchorage, AK auto insurance rates are influenced by many factors that may substantially change the price of your policy. Simply having a birthday, buying a home instead of renting, or getting a ticket for running a stop sign can produce rate changes resulting in some companies being affordable when they were higher priced. Not only may things change on your end, but car insurance companies amend pricing every year to help ensure profitability. Heavier than normal losses may cause a rate increase, while less frequent claims can result in lower-cost Fusion insurance rates.
To illustrate this point, the graph below analyzes the cheapest car insurance in Anchorage, AK for a 45-year-old female driver with no violations or accidents, and good credit. If we look at prices based on her current rating profile, Umialik has the lowest car insurance rates in Anchorage at $1,182 annually. This is $361 less than the average premium paid by Alaska drivers of $1,543. USAA, State Farm, Progressive, and GEICO are the rest of the top five cheapest Anchorage, AK auto insurance companies.
The next chart shows rates after we give the driver from the first set of rates a chargeable accident, a lower credit score, and an imperfect driving record. Because each company has their own formula to set policy rates, comparing rates may now show a slightly different list of the cheapest companies as shown below.
USAA now has the lowest price in Anchorage, AK with State Farm, Umialik, Progressive, and Safeco also being competitive. This shows why Alaska drivers need to compare as many rates as possible to find the most budget-friendly auto insurance rates for a Ford Fusion.
Car insurance prices can be determined by many different factors and change frequently, so the lowest-price company two years ago may now be one of the higher cost companies.