Car Insurance Quotes for a Ford Edge

The average annual premium for a Ford Edge depends on the kind of auto insurance coverage you select. On average, you will pay $519 for minimum coverage and $1,296 for full coverage.

Full coverage includes three types of insurance: collision, liability, and comprehensive. These policies not only pay for your losses in an accident but also for any damage you cause. This differs from the minimum coverage required under state law, which is typically only a liability policy.

If you have questions about the cost of insuring your Ford Edge, Freeway Insurance is here to help. We can provide you with all the information you need to get the best policy at a fair price.

You have options when it comes to purchasing car insurance. You could choose the minimum amount of liability insurance required under state law, or you could protect yourself with a policy that offers full coverage. There are different factors that impact the cost of these policies outside of the amount of coverage offered.

Full Coverage

The purpose of full coverage car insurance is to protect you from liability claims from other drivers while also covering your damages in a crash. This type of policy is a combination of liability, comprehensive, and collision insurance.

Liability insurance protects you from damage claims made by third parties after an accident. In other words, this insurance pays for the damage you cause when you are at fault in a collision.

Collision insurance—as the name suggests—covers damage to your car that occurs in a collision. This includes a collision with other drivers, fixed objects, or even animals. This coverage differs from comprehensive coverage, which covers non-accident damage to your car, like when a tree limb falls on it.

Full coverage provides you with compensation in all of these situations. When you file a claim, you will be entitled to recover compensation up to the limits that are on your policy. While minimum coverage might be cheaper each month, there are serious financial risks that come with those policies.

State Minimum Liability

Every state in the nation requires drivers to carry a minimum level of liability insurance. This is to ensure that drivers that cause accidents have the means to cover those financial losses.

Minimum coverage is cheaper than full coverage, but there is a reason for that. These policies generally only offer liability coverage, which means you will be responsible for your own bills if you are in a collision.

Each state sets its own minimum amount of coverage. Typically, these requirements include minimum coverage for bodily injuries per person, bodily injuries per accident, and property damage per accident. For example, the State of Texas requires $30,000 for bodily injuries per person, $60,000 for bodily injuries per accident, and $25,000 for property damage per accident. This is often written in the format of 30/60/25.

There are a number of factors that impacts what it costs to insure your Ford Edge.

Loss Probability

Insurance companies will look at something known as “loss probability,” which is the chances of an accident in an Edge compared to other vehicles. Some vehicles are more likely to be in accidents than others, based on vehicle collision statistics. What’s more, the financial loss stemming from these accidents can also vary. Vehicles that are more likely to result in higher insurance claims will generally cost more to insure.

Vehicle Value

The underlying value of a vehicle is also important. It should come as no surprise that the cost of insuring more expensive vehicles is typically more each month than the premiums for cheaper models. Insuring a new vehicle is also generally more costly than insuring a used one.

Vehicle Safety

Car insurance companies will also take into account how safe a vehicle is when insuring it. This involves a careful look at the safety features of each vehicle. The Ford Edge offers standard safety features like traction control, brake assist, and child safety locks. Insurance companies will also consider a vehicle’s safety rating, as it reflects the severity of potential injuries in a crash. The Ford Edge received a five-star safety rating from the National Highway Transportation Safety Administration (NHTSA).

A conviction for DUI will impact the price you pay each month for your insurance. Every state treats DUI laws differently, but what they have in common is the high likelihood of increased insurance costs after a DUI.

How long a DUI impacts the cost of your insurance can vary from one state to another. Some states allow insurance companies to take into account DUIs that occurred years prior, while others have a shorter lookback period. Insurance companies take di9fferent approaches to insuring a driver who has been convicted of DUI so you may ne3ed to look around for some cheap DUI solutions.

If you are found guilty of a DUI, you might also need to comply with SR-22 requirements when insuring your Ford Edge. The SR-22 is a certification of financial responsibility that shows the state that you are carrying the necessary insurance for a high-risk driver.