Auto Insurance Rate Quotes for a Ford Fusion in Anchorage

Insurance rates Ford Fusion in AnchorageIf your goal is the lowest price, then the best way to get affordable Ford Fusion insurance is to begin comparing prices regularly from insurers who can sell car insurance in Anchorage. Prices can be compared by following these steps.

  1. Get a basic knowledge of how your policy works and the things you can change to keep rates down. Many things that cause high rates like speeding tickets, careless driving and a less-than-favorable credit score can be amended by improving your driving habits or financial responsibility. Later in this article we will cover tips to help keep prices low and get bigger discounts that may have been overlooked.
  2. Compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give rate quotes from one company like Progressive or Allstate, while independent agencies can provide price quotes for many different companies.
  3. Compare the new rate quotes to your current policy premium and determine if cheaper Fusion coverage is available. If you can save money and make a switch, make sure coverage does not lapse between policies.

A valuable tip to remember is to use the same coverage limits and deductibles on each price quote and and to get quotes from as many companies as feasibly possible. Doing this enables an accurate price comparison and a complete price analysis.

It’s safe to assume that auto insurance companies want to prevent you from shopping around. People who compare rates at least once a year are inclined to buy a new policy because they stand a good chance of finding a lower-priced policy. A recent study showed that consumers who made a habit of comparing rate quotes saved over $3,400 over four years compared to those who never compared other company’s rates.

If saving the most money on car insurance is your goal, then having some knowledge of the best way to shop and compare coverages can save time and money.

If you have a current auto insurance policy, you should be able to get lower rates using this information. This information will teach you a little about the best methods to compare rates and how to save the most money. But Alaska consumers can benefit from knowing how the larger insurance companies set your policy premium.

Lower-cost Ford Fusion insurance rates in Anchorage

Buying car insurance is not cheap, but you might be missing out on some discounts that can dramatically reduce your bill. Larger premium reductions will be automatically applied when you get a quote, but some need to be requested specifically before you get the savings.

While discounts sound great, it’s important to understand that most discounts do not apply to the entire policy premium. Most only apply to individual premiums such as medical payments or collision. So even though you would think adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

The chart below illustrates the comparison of Ford Fusion insurance costs with and without discounts applied to the policy rates. The information is based on a female driver, no claims or driving citations, Alaska state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, safe-driver, claim-free, homeowner, and multi-car discounts applied.

Some of the insurance companies that possibly offer these discounts include:

When getting free Anchorage car insurance quotes, it’s a good idea to each insurance company which discounts you may be entitled to. Discounts might not apply in Anchorage. If you would like to choose from a list of providers that offer many of these discounts in Anchorage, click here to view.

To find more affordable rates, there are a couple of ways to compare prices from companies that offer insurance in Alaska. One of the best ways to comparison shop consists of shopping online.

When comparing insurance rates, know that having more price comparisons helps increase your odds of locating better pricing.

The companies in the list below offer free rate quotes in Anchorage, AK. In order to find the cheapest car insurance in Alaska, we suggest you compare several of them in order to find the most affordable rates.

Rates and other information

The premium information below showcases detailed analysis of insurance rates for Ford Fusion models. Being aware of how insurance policy rates are determined is important for drivers to make decisions on which insurance to purchase.

Ford Fusion Insurance Rates in Anchorage, AK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $228 $414 $278 $16 $84 $1,020 $85
Fusion SE 4-Dr Sedan $256 $488 $278 $16 $84 $1,122 $94
Fusion Hybrid 4-Dr Sedan $256 $562 $346 $20 $104 $1,288 $107
Fusion SEL 4-Dr Sedan $256 $488 $278 $16 $84 $1,122 $94
Fusion Sport 4-Dr Sedan $256 $488 $278 $16 $84 $1,122 $94
Fusion SEL AWD 4-Dr Sedan $286 $562 $278 $16 $84 $1,226 $102
Fusion Sport AWD 4-Dr Sedan $286 $562 $278 $16 $84 $1,226 $102
Get Your Own Custom Quote Go

Prices above based on married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Rate information does not factor in vehicle garaging location which can revise premium rates noticeably.

Analysis of deductible levels

One of the most common car insurance questions is where to set your physical damage deductibles. The rates below highlight the rate differences when you choose different physical damage coverage deductibles. The first set of rates uses a $100 deductible and the second set of prices uses a $500 deductible.

Ford Fusion insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $234 $422 $272 $16 $82 $1,051 $88
Fusion SE 4-Dr Sedan $264 $498 $272 $16 $82 $1,157 $96
Fusion Hybrid 4-Dr Sedan $264 $574 $340 $20 $102 $1,325 $110
Fusion SEL 4-Dr Sedan $264 $498 $272 $16 $82 $1,157 $96
Fusion Sport 4-Dr Sedan $264 $498 $272 $16 $82 $1,157 $96
Fusion SEL AWD 4-Dr Sedan $294 $574 $272 $16 $82 $1,263 $105
Fusion Sport AWD 4-Dr Sedan $294 $574 $272 $16 $82 $1,263 $105
Get Your Own Custom Quote Go

Ford Fusion insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $170 $286 $272 $16 $82 $826 $69
Fusion SE 4-Dr Sedan $192 $336 $272 $16 $82 $898 $75
Fusion Hybrid 4-Dr Sedan $192 $388 $340 $20 $102 $1,042 $87
Fusion SEL 4-Dr Sedan $192 $336 $272 $16 $82 $898 $75
Fusion Sport 4-Dr Sedan $192 $336 $272 $16 $82 $898 $75
Fusion SEL AWD 4-Dr Sedan $214 $388 $272 $16 $82 $972 $81
Fusion Sport AWD 4-Dr Sedan $214 $388 $272 $16 $82 $972 $81
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Table data does not factor in specific location which can change premium rates significantly.

Based on this data, using a $100 deductible costs an average of $21 more each month or $252 each year than requesting the higher $500 deductible. Because you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you average at a minimum 19 months between claims, you would probably come out ahead by going with a higher deductible.

Full coverage rates compared to liability-only

The chart below illustrates the comparison of Ford Fusion insurance prices with liability coverage only compared to full coverage. The price estimates are based on no claims, a clean driving record, $250 deductibles, drivers are single, and no discounts are taken into consideration.

Guidelines for eliminating full coverage

There is no exact formula for phasing out full coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is more than 10% of the replacement cost minus the deductible, then it might be time to buy liability only.

For example, let’s say your Ford Fusion book value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $6,000 after the deductible is paid. If it’s costing in excess of $600 a year for physical damage coverage, then you might consider buying liability only.

There are a few cases where only buying liability is not a good plan. If you still have a lienholder on your title, you must maintain physical damage coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in case of an accident, you should keep full coverage in place.

The Ford Fusion Insurance Rate Equation

When buying auto insurance it’s important to understand the different types of things that play a part in calculating your premiums. If you have some idea of what controls the rates you pay, this enables you to make decisions that could result in lower auto insurance prices.

What if I want to buy from local Anchorage insurance agencies?

Some people just want to go talk to an agent and often times that is recommended An additional benefit of getting free rate quotes online is that drivers can save money and get cheap insurance rates and still buy from a local agent. Supporting neighborhood agents is important particularly in Anchorage.

Find insurance agent in AnchorageFor easy comparison, once you complete this form (opens in new window), your coverage information is immediately sent to agents in your area who want to provide quotes for your insurance coverage. You don’t have to leave your computer as quotes are delivered directly to you. You can find the lowest rates without the usual hassles of price shopping. If for some reason you want to compare rates from a specific insurance company, don’t hesitate to search and find their rate quote page to submit a rate quote request.

Pick the best auto insurance agent in Anchorage for you

When searching for a local agent, you must know there are a couple types of insurance agents and how they operate. Insurance policy providers are classified as either exclusive agents or independent agents.

Independent Agents (or Brokers)

Independent insurance agents are not locked into one company and that allows them to write policies with lots of companies and find you the best rates. If they quote lower rates, the agent simply finds a different carrier which requires no work on your part.

When comparing insurance prices, we highly recommend that you get quotes from at least one independent agent to have the most options to choose from. Most also write with smaller regional carriers which may have better rates.

Listed below are Anchorage independent insurance agencies who may provide pricing information.

More insurance agents

Exclusive Agencies

Exclusive agents write business for a single company like State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents are unable to give you multiple price quotes so they have no alternatives for high prices. Exclusive agents receive extensive training on what they offer which aids in selling service over price. Drivers often use the same agent mostly because of the prominence of the brand and strong financial ratings.

Listed below is a list of exclusive insurance agents in Anchorage willing to provide rate quotes.

More insurance agents

Picking an auto insurance agent is decision based upon more than just the premium amount. You should also get answers to these questions.

Once you have satisfactory answers to your questions as well as inexpensive Ford Fusion insurance in Anchorage quotes, chances are good that you have found an insurance agent that can provide insurance coverage.

Why do I need car insurance?

Despite the high insurance cost for a Ford Fusion in Anchorage, paying for car insurance may be required for several reasons.

The benefits of having insurance definitely exceed the price paid, particularly for liability claims. But the average driver in Alaska is currently overpaying as much as $825 a year so it’s very important to do a rate comparison once a year at a minimum to make sure the price is not too high.

Car insurance companies ranked

Ending up with a good quality auto insurance company can be challenging considering how many different companies there are to choose from in Alaska. The ranking information in the lists below can help you choose which car insurance providers to look at shopping your coverage with.

Top 10 Anchorage Car Insurance Companies Ranked by Customer Satisfaction

  1. USAA – 94%
  2. AAA Insurance – 91%
  3. State Farm – 90%
  4. GEICO – 89%
  5. The Hartford – 89%
  6. The General – 88%
  7. 21st Century – 88%
  8. Allstate – 88%
  9. Liberty Mutual – 88%
  10. Esurance – 87%

Smart consumers save more

Throughout this article, we presented a lot of techniques to lower your Ford Fusion insurance premium rates in Anchorage. It’s most important to understand that the more rate quotes you have, the better likelihood of getting the cheapest Ford Fusion rate quotes. You may even be surprised to find that the lowest priced insurance comes from an unexpected company.

When searching for affordable Ford Fusion insurance quotes, it’s not a good idea to buy less coverage just to save a little money. There are many occasions where someone dropped full coverage and found out when filing a claim that they should have had better coverage. Your goal should be to buy a smart amount of coverage at the best possible price while not skimping on critical coverages.

Insureds change insurance companies for any number of reasons including poor customer service, policy non-renewal, extreme rates for teen drivers and even questionable increases in premium. Regardless of your reason, choosing a new insurance company can be easier than you think.

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