The easiest way to get low-cost Ford Flex insurance is to compare prices at least once a year from different companies who sell insurance in Anchorage.
- Try to understand how companies price auto insurance and the things you can control to keep rates in check. Many factors that cause high rates like at-fault accidents and a lousy credit rating can be eliminated by paying attention to minor details. Read the full article for more information to get cheaper coverage and find more discounts that you may not know about.
- Compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes from many different companies.
- Compare the new rate quotes to your existing coverage to see if cheaper Flex coverage is available. If you find a better price and switch companies, make sure coverage is continuous and does not lapse.
An important note is to compare similar limits and deductibles on every price quote and and to get price quotes from as many carriers as you can. Doing this enables an accurate price comparison and a complete selection of prices.
Unbelievable but true according to a study most auto insurance buyers renewed their policy with the same company for four years or more, and roughly 40% of drivers have never compared rate quotes at all. Most drivers in Anchorage could save themselves roughly 35% a year just by shopping around, but most tend to underestimate how much they could save if they bought a different policy.
To find low cost Anchorage auto insurance quotes, there are several ways to compare quotes from many different Alaska insurance companies. The simplest method to compare Ford Flex insurance prices consists of shopping online.
Comparing free rates online is easy and it, takes the place of having to make phone calls or go to different agent offices. Comparing Ford Flex insurance rates online has made agencies unnecessary unless you require the advice and guidance that only a licensed agent can provide. Some companies do allow you to comparison shop online but purchase the actual policy in an agency.
When price shopping your coverage, comparing a wide range of rates helps locate a better price.
The car insurance companies shown below have been selected to offer price comparisons in Anchorage, AK. If multiple companies are listed, it’s a good idea that you click on several of them to find the lowest car insurance rates.
Discounts can help lower premiums on Ford Flex insurance in Anchorage
Some insurance providers do not list every discount they offer in a way that’s easy to find, so below is a list some of the best known and the harder-to-find credits available to you.
- More Vehicles More Savings – Buying coverage for more than one vehicle on the same insurance policy could earn a price break for each car.
- Distant Student – College-age children who are enrolled in higher education away from home without a vehicle on campus may be insured at a cheaper rate.
- Paperless Signup – Many companies will discount your bill up to fifty bucks shop Anchorage auto insurance on the internet.
- Federal Employees – Active or retired federal employment could qualify for a slight premium decrease with select insurance companies.
- Braking Control Discount – Cars, trucks, and SUVs with ABS braking systems or traction control have fewer accidents and will save you 10% or more on Flex insurance in Anchorage.
- Discount for Multiple Policies – When you combine your auto and home insurance with one company you could save as much as 10 to 15 percent.
- Anchorage Homeowners Pay Less – Owning your own home or condo can save you money because owning a home shows financial diligence.
Just know that many deductions do not apply to the entire cost. Most cut individual premiums such as collision or personal injury protection. Even though it may seem like having all the discounts means you get insurance for free, you won’t be that lucky.
The information below illustrates the difference between Ford Flex insurance rates with and without discounts applied to the policy rates. The information is based on a female driver, no tickets, no at-fault accidents, Alaska state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, claim-free, multi-car, multi-policy, and marriage discounts applied.
Larger insurance companies and their possible discounts are outlined below.
- Farm Bureau policyholders can earn discounts including renewal discount, driver training, multi-vehicle, youthful driver, multi-policy, and safe driver.
- Liberty Mutual offers discounts for multi-car, new graduate, new move discount, hybrid vehicle, and exclusive group savings.
- State Farm discounts include student away at school, defensive driving training, Steer Clear safe driver discount, multiple autos, multiple policy, good student, and passive restraint.
- Auto-Owners Insurance includes discounts for safe vehicle, safe driver, anti-theft, student away at school, and company car.
- GEICO may include discounts for good student, seat belt use, membership and employees, air bags, driver training, and federal employee.
- SAFECO offers discounts including bundle discounts, homeowner, anti-lock brakes, teen safety rewards, and drive less.
If you need lower rates, check with all the companies which discounts can lower your rates. Discounts may not apply to policyholders in Anchorage.
Rates and data analysis
The premium information displayed next highlights estimates of coverage prices for Ford Flex models. Understanding how insurance quotes are calculated can assist in making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Flex SE 2WD | $140 | $252 | $354 | $20 | $106 | $872 | $73 |
| Flex SEL 2WD | $140 | $296 | $354 | $20 | $106 | $916 | $76 |
| Flex SEL AWD | $156 | $296 | $354 | $20 | $106 | $932 | $78 |
| Flex Limited 2WD | $156 | $296 | $354 | $20 | $106 | $932 | $78 |
| Flex Limited AWD | $156 | $296 | $354 | $20 | $106 | $932 | $78 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Rates do not factor in the specific area where the vehicle is garaged which can increase or decrease coverage rates substantially.
How high should deductibles be?
The hardest decision when buying coverage is how high should the physical damage coverage deductibles be. The rates shown below may aid in understanding the premium difference when you select higher and lower policy deductibles. The first data set uses a $100 physical damage coverage deductible and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Flex SE 2WD | $264 | $422 | $272 | $16 | $82 | $1,081 | $90 |
| Flex SEL 2WD | $264 | $498 | $272 | $16 | $82 | $1,157 | $96 |
| Flex SEL AWD | $294 | $498 | $272 | $16 | $82 | $1,187 | $99 |
| Flex Limited 2WD | $294 | $498 | $272 | $16 | $82 | $1,187 | $99 |
| Flex Limited AWD | $294 | $498 | $272 | $16 | $82 | $1,187 | $99 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Flex SE 2WD | $146 | $222 | $272 | $16 | $82 | $738 | $62 |
| Flex SEL 2WD | $146 | $262 | $272 | $16 | $82 | $778 | $65 |
| Flex SEL AWD | $164 | $262 | $272 | $16 | $82 | $796 | $66 |
| Flex Limited 2WD | $164 | $262 | $272 | $16 | $82 | $796 | $66 |
| Flex Limited AWD | $164 | $262 | $272 | $16 | $82 | $796 | $66 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Premium costs do not factor in your specific Anchorage location which can alter price quotes substantially.
Based on the above data, using a $100 deductible costs an average of $32 more each month or $384 a year than requesting the higher $1,000 deductible. Since you would have to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you have at a minimum 28 months between claim filings, you would probably save some money if you elect the higher deductible.
The information below demonstrates how choosing different deductibles and can influence Ford Flex insurance prices for different insured age categories. The price estimates are based on a married female driver, full coverage, and no discounts are applied to the premium.
Insurance rates by gender and age in Anchorage
The diagram below shows the difference between Ford Flex yearly insurance costs for male and female drivers. The premiums are based on a clean driving record, no at-fault accidents, comp and collision included, $250 deductibles, single marital status, and no discounts are applied.
Full coverage rates compared to liability-only
The information below visualizes the comparison of Ford Flex insurance costs with and without full coverage. The premium estimates are based on no accidents, no driving violations, $250 deductibles, single marital status, and no discounts are factored in.
When to buy liability coverage only
There isn’t a steadfast formula to stop paying for comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.
For example, let’s say your Ford Flex book value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $8,000 after paying the physical damage deductible. If you are paying over $800 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.
There are some situations where removing full coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage.
Compare rate quotes but buy from a local Anchorage insurance agent
A small number of people just want to get professional advice from a licensed agent and doing so can bring peace of mind The biggest benefit of getting online price quotes is you may find better rates and also buy local.
To help locate an agent, after submitting this simple form, your information is emailed to companies in Anchorage who want to provide quotes for your car insurance coverage. You never need to contact an agency due to the fact that quote results will go to your email. You can find the lowest rates without the usual hassles of price shopping. If you need to get a comparison quote for a specific company, don’t hesitate to find their quoting web page to submit a rate quote request.
Selecting an company should depend on more than just the quoted price. These are some questions you should get answers to.
- Where would your vehicle be repaired?
- Will they take your side in the event of a claim?
- How many years of experience in personal auto insurance do they have?
- Is the coverage adequate for your vehicle?
- Do you need full coverage on every vehicle?
- Do they assist clients in filing claims?
- Are they able to provide referrals?
- How often do they review policy coverages?
If you are searching for a good insurance agency, it’s important to understand the different types of agencies and how they are slightly different. Agents in Anchorage can be classified as either exclusive or independent (non-exclusive).
Exclusive Car Insurance Agents
Agents in the exclusive channel generally can only insure with one company like State Farm, Allstate, and Farm Bureau. Exclusive agencies are unable to provide rate quotes from other companies so they have no alternatives for high prices. Exclusive agencies are usually well trained on the products they sell and that allows them to sell at a higher price point.
Below is a list of exclusive insurance agents in Anchorage that are able to give comparison quotes.
Bill Evans – State Farm Insurance Agent
805 Gambell St – Anchorage, AK 99501 – (907) 276-2424 – View Map
Stacey Roy – State Farm Insurance Agent
9220 Lake Otis Pkwy Ste A6 – Anchorage, AK 99507 – (907) 345-0505 – View Map
Curt Green, Jr. – State Farm Insurance Agent
836 E 15th Ave #1 – Anchorage, AK 99501 – (907) 272-2812 – View Map
Independent Insurance Agents
Independent insurance agents are not limited to a single company and that gives them the ability to insure through many different car insurance companies and possibly get better coverage at lower prices. If your agent finds better pricing, they simply move the coverage in-house and you won’t have to switch agencies.
If you are trying to find cheaper rates, it’s a good idea to get several quotes from a couple of independent agencies to have the best price comparison.
Below is a short list of independent agencies in Anchorage who can help you get comparison quotes.
Randall Moss Insurance
2960 C St #200 – Anchorage, AK 99503 – (907) 562-6224 – View Map
Dewar Insurance Agency
205 E Benson Blvd – Anchorage, AK 99503 – (907) 258-8888 – View Map
Denali Alaskan Insurance LLC
440 E 36th Ave #300 – Anchorage, AK 99503 – (907) 257-1625 – View Map
Auto insurance is unique, just like you
When buying adequate coverage for your vehicles, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs and your auto insurance should be unique as well.
For example, these questions may help you determine if your insurance needs will benefit from professional help.
- What does medical payments cover?
- Do I need higher collision deductibles?
- Do I have coverage for damage caused while driving under the influence?
- When should I have rental car coverage?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- Do I need motorclub coverage?
If it’s difficult to answer those questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.
How Insurance Companies Calculate Ford Flex Insurance Costs
An important part of buying insurance is that you know some of the things that aid in calculating your auto insurance rates. If you have a feel for what controls the rates you pay, this allows you to make good choices that could result in lower auto insurance prices. Many factors are considered when you quote your car insurance policy. Some are obvious like a motor vehicle report, but others are not quite as obvious such as your credit history or how safe your car is.
- Your career may increase prices – Did you know your occupation can influence how much you pay for auto insurance? Careers such as lawyers, social workers, and emergency personnel tend to have higher rates than average in part from intense work requirements and long work hours. On the other hand, jobs like farmers, engineers and homemakers generally pay rates lower than average.
- If you don’t need it don’t buy it – There are a lot of extra coverages that you can get tricked into buying on your Flex policy. Add-on coverages like roadside assistance, death and dismemberment, and additional equipment coverage may be wasting your money. They may seem good when talking to your agent, but if they’re wasting money remove them from your policy.
- Drive less and pay lower prices – Driving more miles every year the more you’ll pay to insure it. Almost all companies apply a rate based upon how the vehicle is primarily used. Cars that sit idle most of the time get more affordable rates than vehicles that have high annual mileage. Make sure your declarations sheet is showing the correct driver usage, because it can save money. Having the wrong rating on your Flex can result in significantly higher rates.
- Physical damage deductibles – Physical damage deductibles tell how much you are required to pay in the event of a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some examples of claims that would be covered would be colliding with a stationary object, vandalism, and damage from wind. The more the insured has to pay upfront, the less money you will pay for auto insurance.
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Claims statistics for a Ford Flex – Auto insurance companies include the past claim history for a vehicle when determining insurance rates. Vehicles that have high amounts or severity of claims will have a higher cost to insure.
The table below shows the loss history for Ford Flex vehicles. For each coverage type, the loss probability for all vehicles averaged together is set at 100. Percentage values below 100 imply a favorable loss record, while values that are 100 or greater show a trend for more claims or an increased probability of a larger loss.
Ford Flex Insurance Loss Statistics Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Ford Flex 4dr 2WD 89 84 107 91 100 87 Ford Flex 4dr 4WD 105 84 119 77 79 75 BETTERAVERAGEWORSEStatistics from IIHS.org for 2013-2015 Model Years
Why do I need car insurance?
Even though Anchorage Flex insurance rates can get expensive, buying insurance serves a purpose in several ways.
- The majority of states have mandatory insurance requirements which means the state requires a minimum amount of liability insurance in order to be legal. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your vehicle has a loan, it’s guaranteed your bank will force you to buy full coverage to protect their interest in the vehicle. If the policy lapses, the bank may insure your Ford for a much higher rate and make you pay much more than you were paying before.
- Insurance preserves both your Ford Flex and your assets. It also can pay for hospital and medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of carrying adequate insurance are definitely more than the cost, especially with large liability claims. According to a 2015 survey, the average American driver is overpaying over $830 a year so compare quotes from several companies once a year at a minimum to ensure rates are competitive.
A conclusion for your insurance search
Cheap Ford Flex insurance in Anchorage is available both online as well as from insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies may not provide rates over the internet and usually these regional insurance providers work with local independent agencies.
When shopping online for insurance, don’t be tempted to buy lower coverage limits just to save a few bucks. Too many times, an insured dropped uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your objective should be to buy a smart amount of coverage at the lowest possible cost but still have enough coverage for asset protection.
Even more information is available by following these links:
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- How Much is Anchorage Auto Insurance for a Kia Forte? (FAQ)
- Who Has the Cheapest Anchorage Auto Insurance Quotes for Drivers with Good Credit? (FAQ)
- How Much are Anchorage Car Insurance Rates for a Dodge Journey? (FAQ)
- Who Has Cheap Anchorage Auto Insurance for a GMC Sierra? (FAQ)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Airbag FAQ (iihs.org)
- Older Drivers FAQ (iihs.org)