Finding competitive insurance for a Ford Escape relies on lots of different rating factors such as whether you are married or single, whether you are claim-free, and your driving record. Louisiana drivers pay around $944 a year for Escape insurance, but that price is calculated using a 50-year-old single female driver with both comprehensive and collision coverage and $1,000 deductibles.
More likely than not, you are not 50 years old and maybe not even female, maybe you are married instead of single, or maybe you’re a renter instead of a homeowner. Even a minor change in rating variables can make a large difference in the cost of insuring your Escape.
Auto insurance requires individual risk assessment, so the best method for finding cheap insurance prices for your Ford is to do the rate comparisons yourself. Quotes are free and easy and you will get price quotes from some of the best companies available.
Vehicle trim level will influence the insurance rate, so the price you will be charged to insure a Escape XLS 2WD model will cost $90 less than the cost to insure the higher-priced Escape Limited 4WD trim level, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$166||$306||$446||$26||$134||$1,078||$90|
|Escape XLS 4WD||$166||$306||$446||$26||$134||$1,078||$90|
|Escape XLT 2WD||$166||$306||$446||$26||$134||$1,078||$90|
|Escape Limited 2WD||$190||$306||$446||$26||$134||$1,102||$92|
|Escape XLT 4WD||$190||$306||$446||$26||$134||$1,102||$92|
|Escape Limited 4WD||$190||$372||$446||$26||$134||$1,168||$97|
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Prices above based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Rates do not factor in New Orleans location which can decrease or increase coverage rates greatly.
Deciding which insurers offer the cheapest car insurance rates for a Ford Escape requires more time in order to find a policy that fits your budget.
Each auto insurance company has their own formula for setting prices, so we need to take a look at the car insurance companies with the overall best prices in New Orleans.
Best Car Insurance Prices for Your Escape
|Rank||Company||Cost Per Year|
|7||Southern Farm Bureau||$2,271|
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USAA offers some of the best car insurance rates in New Orleans at around $1,642 annually. MetLife, GEICO, Progressive, and Safeway also qualify as some of the lowest-priced New Orleans, LA insurance companies.
In the rate table above, if you currently buy coverage from MetLife and switched to USAA, you might see yearly savings of around $194. Louisiana drivers with GEICO may save as much as $303 a year, and Progressive customers might reduce rates by $304 a year.
Understand that those premiums are averages for all ages of drivers and types of vehicles and and are not figured with an exact location for a Ford Escape. So the car insurance company that can offer you the best price may not even be in the top 12 companies shown above. That points out the importance of why you need to get car insurance quotes using your own specific driver and vehicle information.
How to get discounts on New Orleans car insurance rates
Insurance providers that provide policies for a Ford Escape may also give you price discounts that could reduce prices by 30% or more if you qualify. A few of the larger companies and their possible discounts are outlined below.
- Farmers Insurance discounts include multi-car, bundle discounts, good student, homeowner, and alternative fuel.
- Esurance may have discounts that include emergency road assistance, DriveSense, online shopper, renters, and anti-theft.
- State Farm policyholders can earn discounts including safe vehicle, defensive driving training, anti-theft, good student, Drive Safe & Save, and multiple policy.
- GEICO may include discounts for driver training, anti-lock brakes, daytime running lights, multi-policy, good student, and membership and employees.
- Allstate may offer discounts for good student, 55 and retired, economy car, early signing, multi-policy, utility vehicle, and resident student.
The chart below illustrates the difference between auto insurance rates with and without discounts applied to the policy premium. The costs are based on a male driver, no claims or driving violations, Louisiana state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with passive restraint, safe-driver, multiple vehicle, marriage, vehicle safety, and multiple policy discounts applied. When drivers take advantage of discounts, theaverage amount saved on car insurance for a Ford Escape is 28% or $749.
The diagram below illustrates how your deductible choice can influence premium costs when searching for cheap insurance for a Ford Escape. The data is based on a married male driver, full coverage, and no policy discounts are applied.
The chart above illustrates that a 50-year-old driver could lower their car insurance rates by $322 a year by increasing from a $100 deductible to a $500 deductible, or save $490 by changing to a $1,000 deductible. Youthful drivers, like the 20-year-old example, could save as much as $1,078 or even more just by using higher deductibles.
If you make the decision to raise deductibles, it will be important to have additional savings on hand to allow you to cover the extra out-of-pocket expense that is associated with using high deductibles.
How to find low-cost car insurance for a Ford Escape
Below you’ll find some of the better penny-pinching ideas that can help Louisiana drivers quote lower-cost coverage.
- Be a cautious driver
- Increase your policy deductibles
- Try to pay small claims out-of-pocket
- Avoid preventable accidents
- Save money by insuring your home and auto with the same company
- Good credit can save money
- Keep rates low by comparing prices once a year
The last tip is remarkably valuable, as we noted in the article above. Coverage rates in New Orleans go up and down frequently, so drivers shouldn’t be resistant to switch companies if a lower price can be found. We understand brand loyalty, but we do not recommend it if that devotion results in you overpaying hundreds of dollars a year. If you have a few minutes, compare prices to find cheaper car insurance for a Ford Escape.
The agents shown below can help you determine which coverages you need, as some drivers wish to have a professional recommendation when trying to find lower insurance rates for an Escape. It can be time-consuming to find the best rates on your own, so insurance agents licensed in the state of Louisiana can provide you comfort knowing you have suitable coverage if you have an accident.
To find a New Orleans insurance agency close to you, click the button at the bottom or click here to compare rates now.
Mid-City Auto Title and Insurance
3328 Bienville St # A – New Orleans, LA 70119 – (504) 827-1845
KTS Insurance Agency
3239 Bienville St – New Orleans, LA 70119 – (504) 371-5519
94 Westbank Expressway Trail – Gretna, LA 70053 – (504) 362-0667