Buying economical auto insurance for a Ford Fusion is pretty straightforward, but it depends on a fairly complex equation with a lot of factors such as annual vehicle mileage, whether or not you have prior claims, and your choice of physical damage deductibles. North Carolina drivers will pay around $830 per year for Fusion insurance, but that figure is a valuation calculated using a 40-year-old married female driver with full coverage and $250 deductibles.
This brings up the issue that more than likely you may not be 40 years old (or even female), maybe you are single instead of married, or maybe you have a teen driver on your policy that needs to be considered. Having even a minor difference in the criteria used to calculate rates may result in a big change in the cost of insurance.
This illustrates why the way we recommend to find cheap insurance prices for your Ford is to just take the time to compare rates yourself. It only takes a couple of minutes and you will receive rate quotes from the cheapest companies that insure vehicles in North Carolina.
Your Ford’s trim level will influence the annual cost of coverage, so the cost to insure a Fusion S 4-Dr Sedan will be $156 cheaper than the cost to insure the more well-appointed Fusion Sport AWD 4-Dr Sedan trim level, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$166||$318||$262||$16||$78||$840||$70|
|Fusion SE 4-Dr Sedan||$186||$374||$262||$16||$78||$916||$76|
|Fusion Hybrid 4-Dr Sedan||$186||$432||$326||$20||$98||$1,062||$89|
|Fusion SEL 4-Dr Sedan||$186||$374||$262||$16||$78||$916||$76|
|Fusion Sport 4-Dr Sedan||$186||$374||$262||$16||$78||$916||$76|
|Fusion SEL AWD 4-Dr Sedan||$208||$432||$262||$16||$78||$996||$83|
|Fusion Sport AWD 4-Dr Sedan||$208||$432||$262||$16||$78||$996||$83|
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Prices based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Premium costs do not factor in vehicle garaging location which can alter premiums greatly.
Trying to find cheap car insurance is not most people’s favorite thing to do, and figuring out which companies offer the cheapest insurance rates for a Ford Fusion will involve even more diligence.
Every insurance company has their own formula to establish rates, so let’s take a look at the insurance companies with the overall cheapest rates in Greensboro, NC. We do need to point out that North Carolina insurance rates are influenced by many factors that control the price you have to pay. This price variation is why Greensboro drivers need to shop around with many companies when trying to find the cheapest car insurance rates for a Ford Fusion. Insurance rates can be altered by many risk factors and can increase or decrease at any time, so the best company six months ago may now be one of the higher cost companies.
Best Cheap Insurance Rates for Your Fusion
|Rank||Company||Cost Per Year|
|3||NC Farm Bureau||$709|
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Utica National generally has some of the cheapest car insurance rates in Greensboro at around $643 a year. Progressive, NC Farm Bureau, Liberty Mutual, and GEICO also qualify as some of the most economical Greensboro, NC auto insurance companies.
As shown in the table above, if you currently have coverage with NC Farm Bureau and switched to Utica National, you may realize savings of about $66. Customers with Liberty Mutual might save as much as $85 a year, and GEICO customers might realize rate reductions of up to $99 a year.
To see if your current coverage is too expensive, click here to start a quote or visit several of the following companies.
Be aware that those estimates are averages across all types of insureds and vehicles and do not factor in a specific location for a Ford Fusion. So the insurer that is most affordable for your situation may not even be in the list above. That is why you need to get rate quotes using your own personal information and vehicle type.
The example below demonstrates how deductible levels can affect insurance premiums when trying to find cheap insurance for a Ford Fusion. The premiums are based on a single female driver, comp and collision included, and no additional discounts are factored in.
The data above shows that a 50-year-old driver could lower rates by $274 a year by changing from a $100 deductible to a $500 deductible, or save $416 by using a $1,000 deductible. Even younger drivers, like the age 20 example, could lower their rates as much as $700 annually just by choosing higher deductibles when buying full coverage.
When raising deductibles, it will be required to have enough funds in savings to satisfy the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Discounts on Greensboro insurance rates
Insurers that offer quotes for a Ford Fusion may also provide special discounts that can lower rates by 25% or more if you are eligible to receive them. Large insurance companies and the discounts they provide can be found below.
- Mercury Insurance may offer discounts for low natural disaster claims, age of vehicle, multi-car, location of vehicle, anti-theft, and multi-policy.
- Farmers Insurance may have discounts that include homeowner, teen driver, distant student, electronic funds transfer, and bundle discounts.
- Farm Bureau has savings for multi-policy, multi-vehicle, driver training, renewal discount, safe driver, good student, and youthful driver.
- State Farm policyholders can earn discounts including student away at school, accident-free, driver’s education, multiple policy, Steer Clear safe driver discount, defensive driving training, and passive restraint.
- Allstate may include discounts for good payer, EZ pay plan discount, passive restraint, 55 and retired, anti-lock brakes, safe driver, and eSmart discount.
- GEICO offers discounts including military active duty, federal employee, emergency military deployment, seat belt use, defensive driver, and good student.
The diagram below illustrates the comparison of car insurance costs with and without some available policy discounts. The costs are based on a female driver, a clean driving record, no at-fault accidents, North Carolina state minimum liability limits, comprehensive and collision coverage, and $100 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with vehicle safety, anti-theft, passive restraint, marriage, safe-driver, and multiple policy discounts applied. With discounts applied, the average savings per year on insurance for a Ford Fusion is 28% or $444.
Why you should be comparing rates
Greensboro insurance rates are determined by lots of factors which can significantly increase or decrease the cost of your policy. Getting older, marrying your spouse, or getting a couple of tickets can trigger rate changes that can cause some rates to be cheaper than others.
In addition to those changes, auto insurance companies file new rates as often as every quarter to help ensure profitability. A period of higher than normal claims can cause higher priced premiums, while better underwriting can produce lower-priced Fusion insurance rates.
For instance, the graph below shows the company with the cheapest car insurance in Greensboro, NC for a 45-year-old female driver with no accidents or violations, and great credit. When comparing rates based on her personal profile, Utica National might quote the most affordable car insurance rates in Greensboro at $711 annually. This is $161 less than the average premium paid by North Carolina drivers of $872. Progressive, Liberty Mutual, Penn National, and NC Farm Bureau are also included in the best Greensboro, NC auto insurance companies.
The next chart shows rates after we give the driver from above a claim or two, bad credit, and a stop sign violation. Since each auto insurer has a proprietary formula for setting prices, comparing prices may now show a slightly different list of cheap Greensboro auto insurance companies as shown below.
State Farm now has the best insurance rate in Greensboro with GEICO, Auto-Owners, Erie, and National General also having competitive pricing. This example demonstrates why drivers need to spend some time comparing rates to get the most budget-friendly auto insurance rates for a Ford Fusion.
Auto insurance prices are determined by many things and change substantially, so the most economical company when you last compared rates may now be priced much higher than other options.
How to find cheaper auto insurance for a Ford Fusion
Here are some of the better penny-pinching ideas that can help North Carolina drivers get more affordable coverage.
- Try to not file small claims
- Maintain a clean driving record
- Buy a safer vehicle
- Do not pay for full coverage on older vehicles
- Insure your home and auto with the same company
- Accident-free drivers may qualify for discounts
- Comparison shop at least every other year
The last suggestion is extraordinarily important, as we discussed in this article. Auto insurance prices vary greatly, so drivers shouldn’t be reluctant to switch carriers if a cheaper rate is available. We understand brand loyalty, but it’s not recommended if that dedication is costing lots of money. In just a couple of minutes you could compare rates and find cheaper insurance for a Ford Fusion in Greensboro.
The agencies below are a good start to answer your questions and help you decide which insurance coverage will be best for you, as some drivers have questions and prefer to have some advice when shopping for cheaper insurance for a Fusion. It can be challenging to find the best policy yourself, so professional agents can give peace of mind knowing your coverage gives you sufficient protection if you have a claim. To locate a Greensboro auto insurance agent using an interactive map, click the button at the bottom of the list or click here to compare price quotes.
- Allstate Insurance: Judy T. Slade
1320 Lees Chapel Rd g – Greensboro, NC 27455 – (336) 375-5920
- Jim Goard – State Farm Insurance Agent
407 Parkway Ave c – Greensboro, NC 27401 – (336) 274-1918
- Allstate Insurance: Kayode Abimbola
603 Summit Ave #101 – Greensboro, NC 27405 – (336) 273-6363
- Gladwell Insurance Agency
5709 W Friendly Ave – Greensboro, NC 27410 – (336) 299-5185