How Much are Insurance Quotes for a Ford Fusion in Kentucky?

Buying affordable insurance for a Ford Fusion in Kentucky depends on many rating factors such as when you were born, where your vehicle is garaged, and your motor vehicle report. Drivers on average pay approximately $960 a year to insure their Fusion, but that rate is an estimate rating a 40-year-old married female driver that has full coverage including both comprehensive and collision and $500 deductibles.

When projecting a rate like this, the problem is that you are not 40 years old and maybe not even female, maybe you are single instead of married, and there is a good chance that there are other drivers on your policy. Even a slight change in policy rating criteria or coverages could end up with a large change in the coverage rate.

Auto insurance is unique to every driver, so the most reliable way to find cheap insurance rates for your Ford is to comparison shop your policy at every renewal or at least every couple of years. Quotes are free and easy and you will receive price comparisons from some of the best companies available.

Your vehicle’s trim level will likely have an effect on the annual cost of coverage, so the cost to insure a Fusion S 4-Dr Sedan model will be $166 less expensive the insurance cost for the more expensive Fusion Sport AWD 4-Dr Sedan model, as shown below.

Data variables include married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can lower or raise coverage prices considerably.

Choosing the right car insurance company can be challenging considering how many companies are available to choose from in Kentucky. The company ratings displayed below may help you choose which car insurance companies you want to consider buying from.

The ratings below are only made up of companies with a national presence, so smaller companies that only insure vehicles in Kentucky are not factored into this list. To compare rates and find the cheapest rates for a Ford Fusion, click here.

Liability rates compared to full coverage

Finding cheap insurance for a Ford Fusion in Kentucky is the goal of most vehicle owners, and one of the easiest ways to pay less for insurance is to not buy comprehensive and collision coverage. The chart below shows the difference between premium costs with full physical damage coverage and with liability coverage only. Data assumes no claims or driving violations, $100 deductibles, drivers are single, and no discounts are applied to the premium.

If averaged for all ages, physical damage coverage costs $2,434 per year over and above liability coverage. At some point, about every driver wonders if buying full coverage is worth the expense. There is no exact formula for eliminating full coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.

For example, let’s say your vehicle’s replacement cost is $10,500 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $9,500 after paying your deductible. If it’s costing you more than $950 a year for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

You may be paying too much for Fusion insurance

Kentucky auto insurance rates are calculated based on many things that can increase the policy premium. Getting older, getting divorced, or getting a ticket for careless driving can trigger price changes that can make some companies cheaper in comparison to the competition.

Not only may your risk profile change, but insurance companies amend premium rates without warning in order to offset underwriting gains or losses. Higher than usual claims may result in a rate increase, while lower claim levels can produce cheaper Fusion insurance rates.

The data below shows a variety of companies that have the cheapest car insurance in Kentucky for a 40-year-old male driver with no prior claims, no tickets, and a good credit history. If we look at prices based on his personal risk profile, Cincinnati Insurance might quote the lowest car insurance rates in Kentucky at $1,082 a year. This is $1,061 less than the average price paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual are also on the list of the cheapest Kentucky auto insurance companies.

Now we will pretend the driver from the first example a claim or two, less-than-perfect credit, and a traffic ticket or two. Due to the fact that each insurance company has a proprietary method to set premium rates, comparing prices will most likely result in a significantly different list of companies as shown below.

Kentucky Farm Bureau now has the lowest price on auto insurance in Kentucky with Travelers, USAA, State Farm, and Westfield also being competitive. This shows why consumers need to take the time to shop around to find affordable auto insurance rates for a Ford Fusion.

Rates are determined by many things and change dramatically, so the lowest-price company three years ago may now be costing you a lot of money. Use our FREE quote tool to compare insurance rates now.