Ford Edge Insurance Rate Quotes in Lincoln

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Discount Ford Edge insuranceIf your goal is the lowest price, then the best way to get the cheapest car insurance rates is to start comparing prices yearly from providers that sell auto insurance in Lincoln. You can compare rates by following these guidelines.

  • Step 1: Take a few minutes and learn about what is in your policy and the changes you can make to prevent rate increases. Many policy risk factors that cause rate increases such as traffic citations, accidents, and a poor credit rating can be eliminated by making minor changes in your lifestyle. Read the full article for the details to prevent expensive rate increases and get discounts that may be overlooked.
  • Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from one company like Progressive or Farmers Insurance, while independent agents can quote rates from many different companies.
  • Step 3: Compare the new rate quotes to the premium of your current policy and determine if there is any savings. If you can save some money and switch companies, ensure coverage does not lapse between policies.
  • Step 4: Give proper notification to your current agent or company of your intent to cancel the current policy and submit payment and a signed application for the new coverage. As soon as you have the new policy, place the new proof of insurance certificate with your vehicle's registration.

A good piece of advice is to use the same amount of coverage on every quote and and to get price estimates from every company you can. Doing this guarantees a fair price comparison and a better comparison of the market.

Amazingly, a recent NerdWallet.com study showed that the vast majority of consumers in Nebraska kept their policy with the same company for more than four years, and nearly 40% of drivers have never even shopped around for lower-cost coverage. Many consumers in America could pocket up to $859 a year, but they think it's difficult to find lower-cost auto insurance rates.

Getting a cheaper price on Ford Edge insurance can be relatively painless. All you need to do is take a few minutes comparing price quotes from online providers.

Comparing free price quotes online is easy and it, makes it obsolete to waste gas driving to local Lincoln insurance agencies. The ability to quote Ford Edge insurance online reduces the need to sit down with an agent unless you prefer the trained advice that only a licensed agent can provide. Some companies do allow you to price shop your coverage online but have a local agent actually write the policy.

The companies in the list below have been selected to offer quotes in Nebraska. To buy cheap car insurance in Lincoln, we recommend you visit as many as you can in order to get a fair rate comparison.

Coverage statistics and figures

The information below showcases a range of rate quotes for Ford Edge models. Learning how auto insurance policy rates are established is important for drivers to make smart choices when purchasing an auto insurance policy.

Ford Edge Insurance Rates in Lincoln, NE
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $194 $376 $338 $20 $102 $1,030 $86
Edge SE AWD $194 $456 $338 $20 $102 $1,110 $93
Edge SEL 2WD $194 $456 $338 $20 $102 $1,110 $93
Edge Limited 2WD $194 $456 $338 $20 $102 $1,110 $93
Edge SEL AWD $194 $456 $338 $20 $102 $1,110 $93
Edge Limited AWD $222 $538 $338 $20 $102 $1,220 $102
Edge Sport 2WD $222 $538 $338 $20 $102 $1,220 $102
Edge Sport AWD $222 $538 $338 $20 $102 $1,220 $102
Get Your Own Custom Quote Go

Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Nebraska minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Rate quotes do not factor in your specific Lincoln location which can revise coverage rates noticeably.

Higher deductibles lower rates

The hardest decision when buying coverage is which deductible level should you buy. The rates shown below determine the costs and benefits between high and low coverage deductibles. The first set of prices uses a $250 deductible for comp and collision and the second price grid uses a $500 deductible.

Ford Edge insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $202 $320 $300 $18 $90 $955 $80
Edge SE AWD $202 $390 $300 $18 $90 $1,025 $85
Edge SEL 2WD $202 $390 $300 $18 $90 $1,025 $85
Edge Limited 2WD $202 $390 $300 $18 $90 $1,025 $85
Edge SEL AWD $202 $390 $300 $18 $90 $1,025 $85
Edge Limited AWD $232 $460 $300 $18 $90 $1,125 $94
Edge Sport 2WD $232 $460 $300 $18 $90 $1,125 $94
Edge Sport AWD $232 $460 $300 $18 $90 $1,125 $94
Get Your Own Custom Quote Go
Ford Edge insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Edge SE 2WD $164 $258 $300 $18 $90 $830 $69
Edge SE AWD $164 $314 $300 $18 $90 $886 $74
Edge SEL 2WD $164 $314 $300 $18 $90 $886 $74
Edge Limited 2WD $164 $314 $300 $18 $90 $886 $74
Edge SEL AWD $164 $314 $300 $18 $90 $886 $74
Edge Limited AWD $188 $370 $300 $18 $90 $966 $81
Edge Sport 2WD $188 $370 $300 $18 $90 $966 $81
Edge Sport AWD $188 $370 $300 $18 $90 $966 $81
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Information does not factor in garaging location in Lincoln which can affect prices considerably.

Based on this data, using a $250 deductible costs an average of $12 more each month or $144 every year averaged for all Edge models than selecting the higher $500 deductible. Since you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you normally go at least 21 months between claims, you would probably be better off if you elect the higher deductible. Here's the way you can make this decision for your own policy.

Average monthly premium for $250 deductibles: $88
Average monthly premium for $500 deductibles (subtract): - $76
Monthly savings from raising deductible: $12
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $12
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 21 months

An important thing to remember is that a higher deductible means you will have to pay more of your own money when you have to file a claim. That will require enough extra savings in order to pay the higher deductible.

Annual premiums comparing men and women in Lincoln

The illustration below illustrates the difference between Ford Edge annual premium costs for male and female drivers. Data assumes no violations or accidents, comp and collision included, $250 deductibles, marital status is single, and no additional discounts are factored in.

Four factors that impact insurance costs

The best way to find cheaper insurance is to take a look at a few of the rating criteria that play a part in calculating your insurance rates. When you understand what influences your rates, this allows you to make educated decisions that can earn you lower rates.

Listed below are some of the factors companies use to determine your rates.

  • Know your vehicle's crash test rating - Vehicles with high crash test scores are cheaper to insure. Vehicles engineered for safety have better occupant injury protection and fewer serious injuries translates directly to fewer claims passed on to you as lower rates.
  • Cheaper rates by combining - Most insurance companies will award lower prices for people who consolidate policies with them in the form of a multi-policy discount. Even if you're getting this discount you may still want to compare other company rates to help guarantee you have the best rates.
  • High performance equals high costs - The performance of the car, truck or SUV you are insuring makes a substantial difference in determining your rates. The best insurance prices are generally reserved for lower performance four cylinder passenger cars, but many other things help determine your insurance rates.

    The data below assumes a married female driver age 50, full coverage with $250 deductibles, and no discounts or violations. The data compares Ford Edge policy rates compared to other models that have different performance risks.

  • Do thieves like your car? - Buying a car with a theft deterrent system can help bring down rates. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft.
  • Ford Edge insurance loss data - Companies use claims history when they set coverage costs for each model. Vehicles that tend to have a higher amount or frequency of claims will have a higher premium rate.

    The table below demonstrates the collected loss data for Ford Edge vehicles. For each policy coverage type, the statistical loss for all vehicles as a whole is represented as 100. Values under 100 represent a good loss history, while percentages above 100 indicate more frequent losses or tendency to have larger claims.

    Insurance Loss Ratings for Ford Edge Vehicles
    Specific Ford Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
    Ford Edge 4dr 2WD 53 93
    Ford Edge 4dr 4WD 71 108 75
    BETTER
    AVERAGE
    WORSE

    Empty fields indicate not enough data collected
    Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Auto insurance is not optional but you don't have to overpay

Despite the high cost of buying insurance for a Ford Edge in Lincoln, insuring your vehicle is required for several reasons.

  • Most states have mandatory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance in order to license the vehicle. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If you bought your Ford with a loan, almost all lenders will require you to have full coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the bank or lender will purchase a policy for your Ford at a more expensive rate and require you to reimburse them for the expensive policy.
  • Auto insurance protects not only your Ford but also your assets. It will also reimburse you for medical transport and hospital expenses that are the result of an accident. Liability coverage will also pay attorney fees if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of insuring your Edge greatly outweigh the cost, particularly if you ever have a claim. An average driver in America is currently overpaying as much as $800 each year so shop around at every policy renewal to be sure current rates are still competitive.

Ratings for Lincoln auto insurance companies

Finding the best insurance provider can be rather challenging considering how many companies sell insurance in Nebraska. The company information displayed below can help you pick which providers you want to consider comparing price quotes from.

Top 10 Lincoln Car Insurance Companies by A.M. Best Rank

  1. USAA - A++
  2. Travelers - A++
  3. State Farm - A++
  4. GEICO - A++
  5. Nationwide - A+
  6. Esurance - A+
  7. The Hartford - A+
  8. Progressive - A+
  9. Allstate - A+
  10. The General - A-

Top 10 Lincoln Car Insurance Companies Ranked by Value

  1. USAA
  2. GEICO
  3. AAA Insurance
  4. Liberty Mutual
  5. State Farm
  6. Allstate
  7. Safeco Insurance
  8. Travelers
  9. 21st Century
  10. Nationwide