Trying to find lower-priced Ford Fiesta insurance in Los Angeles? Are you sick and tired of wondering where the money will come from to buy auto insurance? You have the same problem as the majority of other drivers in California.
Inconceivable but true, nearly 70% of drivers have stayed with the same insurance company for four years or more, and almost half have never even compared quotes to find cheap rates. Los Angeles insurance shoppers could save an average of almost $469 each year by just shopping around, but they don’t invest the time required to find cheap insurance by shopping around. Numerous car insurance companies battle for your business, and it can be difficult to compare rates and get the definite lowest cost out there.
It’s a great practice to price shop coverage as often as possible since prices go up and down regularly. Even if you got the best deal on Ford Fiesta insurance in Los Angeles six months ago there is a good chance you can find better rate quotes now. Ignore everything you know about auto insurance because you’re about to find out one of the quickest ways to save money, get proper deductibles and limits, all at the lowest rate.
If you already have coverage or want to find a cheaper company, use these money-saving tips to cut your premiums and still have adequate protection. Locating the best rates in Los Angeles can be much easier if you know how to start. You just have to use the quickest method to compare rate quotes online.
How much does Ford Fiesta insurance in Los Angeles cost?
The companies shown below offer free rate quotes in California. If multiple companies are shown, we suggest you get prices from several of them to find the cheapest auto insurance rates.
Buying the right Ford Fiesta insurance in California is an important decision
Despite the potentially high cost of Ford Fiesta insurance, paying for insurance is mandatory in California but it also protects more than you think.
First, almost all states have minimum mandated liability insurance limits which means the state requires a specific level of liability protection if you want to drive legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your Fiesta has a loan, almost all lenders will make it mandatory that you have full coverage to protect their interest in the vehicle. If you do not keep the policy in force, the lender may have to buy a policy to insure your Ford for a much higher rate and make you pay the higher premium.
Third, insurance preserves your Ford and your assets. It will also provide coverage for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, will also pay to defend you if you are sued as the result of your driving. If your Ford gets damaged, your insurance policy will pay to have it repaired.
The benefits of having insurance are without a doubt worth the cost, particularly if you ever have a claim. But the average American driver is wasting up to $855 a year so smart consumers compare quotes at every renewal to make sure the price is not too high.
Five Tips to Get Cheaper Los Angeles Insurance Prices
Multiple criteria are used in the calculation when quoting car insurance. Some of the criteria are obvious such as your driving record, but some are less obvious like your continuous coverage or your financial responsibility.
Shown below are a few of the “ingredients” insurance companies consider when setting prices.
Insurance lapses lead to higher premiums – Not maintaining insurance is against the law and insurance companies will penalize you for letting your insurance expire. And not only will insurance be more expensive, not being able to provide proof of insurance can result in fines and jail time. You may then have to submit proof of financial responsibility or a SR-22 with the California department of motor vehicles.
Traffic violations will cost you – A bad driving record can have a huge impact on auto insurance premiums. Drivers who don’t get tickets get better prices than bad drivers. Even a single speeding ticket may increase your cost by twenty percent. People who have dangerous citations such as DUI or willful reckless driving might be required by their state to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent their license from being revoked.
Save money by having excellent credit – Having a bad credit score factor in determining your rates. People that have excellent credit tend to be more responsible than those with bad credit. So if your credit score is lower than you’d like, you could potentially save money when insuring your Ford Fiesta by taking the time to improve your credit score.
Teenagers are high risk – Older insureds are more cautious drivers, statistically cause fewer accidents, and receive fewer citations. Teen drivers have a tendency to be inattentive and easily distracted in a vehicle therefore insurance rates are much higher.
Prevent theft and save money – Owning a car that has a built-in theft deterrent system can save you some money. Theft deterrent systems such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent car theft.
Claims statistics for a Ford Fiesta – Companies factor in insurance loss information when determining insurance costs. Models that statistically have higher claim frequency or loss amount will have higher premium rates.
The data below shows the actual insurance loss data for Ford Fiesta vehicles. For each policy coverage, the loss probability for all vehicles, as an average, equals 100. Numbers shown that are under 100 indicate a favorable loss history, while percentage values above 100 point to more claims or tendency to have higher losses.
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Car insurance policy discounts you can’t miss
Car insurance is not cheap, but discounts can save money and there are some available to cut the cost considerably. Certain discounts will be triggered automatically at the time you complete a quote, but some discounts are required to be specially asked for before they will apply.
- Federal Employees – Being employed by or retired from a federal job may qualify for a discount when you quote Los Angeles auto insurance but check with your company.
- Professional Organizations – Affiliation with qualifying employment or professional organizations can get you a small discount when shopping for car insurance.
- Senior Discount – If you’re over the age of 55, you may receive reduced rates.
- No Charge for an Accident – This one is not really a discount per se, but companies like Progressive and Allstate will turn a blind eye to one accident before your rates go up with the catch being you have to be claim-free for a certain period of time.
- Driver Education Discount – Teen drivers should participate in a local driver’s education class as it will make them better drivers and lower rates.
- Good Student Discount – Excelling in school can save 20 to 25%. You can use this discount normally until age 25.
- Switch and Save Discount – Some insurance companies reward drivers for renewing your policy prior to your current Fiesta insurance policy expiration. You can save around 10% with this discount.
Discounts reduce rates, but you should keep in mind that most discount credits are not given to all coverage premiums. Most only apply to individual premiums such as medical payments or collision. So despite the fact that it appears you can get free auto insurance, it just doesn’t work that way.
To see insurers that have a full spectrum of discounts in California, click this link.
Exclusive versus independent insurance agents
A small number of people would prefer to go talk to an agent and there is nothing wrong with that. Good agents can help you choose the best coverages and help submit paperwork. An additional benefit of price shopping on the web is that you can obtain the lowest rates but still work with a licensed agent. And providing support for local insurance agencies is especially important in Los Angeles.
After filling out this quick form, the coverage information is sent to insurance agents in Los Angeles that give free quotes for your coverage. You don’t have to find an agent on your own because quoted prices will be sent to you directly. If you have a need to quote rates from a specific insurance company, feel free to find their quoting web page to submit a rate quote request.
If you need to find a reliable insurance agency, you need to know there are two different types of agencies that you can choose from. Auto insurance policy providers can either be independent or exclusive. Either one can write auto insurance policies, but it’s important to point out how they are different because it can factor into your selection of an agent.
Independent Auto Insurance Agencies or Brokers
Agents in the independent channel do not sell for just one brand and that gives them the ability to insure through many different auto insurance companies and get the cheapest rates. If they quote lower rates, the agent simply finds a different carrier and you stay with the same agent. If you need lower rates, we recommend you compare quotes from independent agents to get the most accurate price comparison.
Listed below are independent agencies in Los Angeles that may be able to provide comparison quotes.
These type of agents have only one company to place business with and examples are Farmers Insurance or State Farm. These agents are not able to provide other company’s prices so they are skilled at selling on more than just price. These agents are well trained on what they offer which helps offset the inability to provide other markets.
Shown below are exclusive insurance agencies in Los Angeles that can give you comparison quotes.
Picking an insurance agency requires you to look at more than just the premium amount. Below are some questions you should ask.
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Are they properly licensed to sell insurance in California?
- Can glass repairs be made at your home?
- Will the agent help in case of a claim?
- Do they get extra compensation for selling add-on coverages?
You can find affordable coverage
We just showed you many ways to shop for Ford Fiesta insurance online. The most important thing to understand is the more providers you compare, the higher your chance of finding affordable Los Angeles auto insurance quotes. Consumers could even find that the best car insurance rates are with a smaller regional carrier. These smaller insurers may cover specific market segments cheaper than their larger competitors like Allstate or State Farm.
As you go through the steps to switch your coverage, do not buy less coverage just to save a little money. There are many occasions where an accident victim reduced liability coverage limits and learned later that they should have had better coverage. Your goal should be to get the best coverage possible at the best possible price, not the least amount of coverage.
To read more, feel free to browse the articles below:
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Who Has the Cheapest Auto Insurance for a 20 Year Old Male in Los Angeles? (FAQ)
- Alcohol Impaired Driving FAQ (iihs.org)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)
- Where can I buy Insurance? (Insurance Information Institute)
- Insurance Losses by Make and Model (iihs.org)