Buying the best cheap insurance for a Ford Escape in Kentucky doesn’t take a lot of effort, but it hinges on a whole bunch of rating criteria such as age of the driver, the performance level of your vehicle, and citations on your driving record. Drivers pay around $819 per year to insure their Escape, but that amount is calculated using a 40-year-old married female driver with full physical damage coverage and $250 deductibles.
The issue with using an average estimated rate is the likelihood you are not 40 years old and maybe not even female, possibly single instead of married, or maybe you don’t qualify for the same discounts. Having even a minor difference in policy rating criteria or coverages may result in a big change in the amount insurance costs for a Ford Escape.
Auto insurance is not the same for everyone, so the best way to find cheap insurance rates for your Ford is to do a thorough rate comparison.
The specific trim level will most likely have an effect on the cost of coverage, so the rate you will pay to insure a Escape XLS 2WD will be $100 less than the cost to insure the higher-priced Escape Limited 4WD model, as demonstrated by the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escape XLS 2WD | $190 | $342 | $292 | $18 | $88 | $930 | $78 |
| Escape XLS 4WD | $190 | $342 | $292 | $18 | $88 | $930 | $78 |
| Escape XLT 2WD | $190 | $342 | $292 | $18 | $88 | $930 | $78 |
| Escape Limited 2WD | $216 | $342 | $292 | $18 | $88 | $956 | $80 |
| Escape XLT 4WD | $216 | $342 | $292 | $18 | $88 | $956 | $80 |
| Escape Limited 4WD | $216 | $416 | $292 | $18 | $88 | $1,030 | $86 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in specific Louisville garaging location which can raise or lower coverage rates significantly.
Which auto insurance company is best in Louisville?
Picking a good quality car insurance company is hard considering how many different companies there are to choose from in Louisville. The company rank data below could help you decide which providers to look at when buying insurance for a Ford Escape. The ratings below only include companies with a nationwide focus, so companies that may only write in Kentucky will not be included in this list.
Top 10 Major Car Insurance Companies Overall in Louisville
- Travelers
- USAA
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
- American Family
Top 10 Major Car Insurance Companies in Louisville Ranked by Claims Service
- Travelers
- Allstate
- Nationwide
- State Farm
- GEICO
- Liberty Mutual
- American Family
- Esurance
- AAA Insurance
- The Hartford
Poor driving habits will raise your auto insurance rates
The ideal way to score the cheapest auto insurance rates in Kentucky for an Escape is to be a careful driver and avoid accidents and violations. The diagram below demonstrates how speeding tickets and fender-benders influence auto insurance costs for each age group. Data assumes a married male driver, full physical damage coverage, $250 deductibles, and no discounts are applied to the premium.
In the chart above, the average cost of car insurance in Louisville per year with no accidents and a clean driving record is $1,505. Receive two speeding tickets and the average cost swells to $2,074, an increase of $569 each year. Then include one accident along with the two speeding tickets and the annual cost of auto insurance for a Ford Escape goes up to an average of $2,634. That’s an increase of $1,129, or $94 per month, just for not driving safely!
The importance of shopping around for Escape insurance
Kentucky auto insurance rates are calculated based on many things that will increase or decrease the cost of coverage. Simply getting older, having a claim, or getting a DUI can trigger changes in premium that can cause some rates to be cheaper than competitors.
In addition to those changes, companies change the rates they charge in Kentucky as often as every three months in order to be able to pay unexpected claims. Heavy losses can cause rate hikes, while a profitable period can result in cheaper Escape insurance rates.
For instance, the chart below shows which companies have the cheapest car insurance in Louisville, KY for a 30-year-old male driver with no prior claims, no tickets, and a high credit rating. Based on his current risk profile, Cincinnati Insurance offers the best car insurance rates in Louisville at $1,675 per year. This is $468 less than the average rate paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Travelers are the rest of the cheapest Louisville, KY auto insurance companies.
Let’s now give the driver in the first chart a chargeable claim, a lower credit rating, and a couple of points charged on his driving record. Since every car insurance company uses a different method to determine rates, analyzing rate quotes could now result in a slightly different list of affordable Louisville car insurance companies as shown below.
Kentucky Farm Bureau now has the cheapest price in Louisville with Grange Mutual, USAA, Cincinnati Insurance, and Westfield also being competitive. This example illustrates why it is so important to compare many different companies when trying to get the cheapest car insurance rates for a Ford Escape. Auto insurance prices can be altered by many things and can change without notice, so the best company the last time you compared rates may now be quite expensive.