You need great car insurance coverage for your Ford EcoSport, but you also want the best possible rate. There are a lot of factors that contribute to your auto insurance premiums, and it helps to have an independent insurance agent who can shop around for you. Your agent can help you understand how the local insurance laws apply to you. They shop multiple companies to get you the best rates, too.
Not sure where to find an independent insurance agent in your area?
TrustedChoice.com has a find-an-agent tool that can match you with a local independent insurance agent who will walk you through your options and help you find the best possible coverage for your Ford EcoSport.
What Kind of Insurance Do You Need for Your Ford EcoSport?
Bodily injury liability
If someone else is hurt as a result of an accident you caused while driving your EcoSport, your bodily injury liability policy will pay for those costs. This policy is required by law, although the minimum limits vary from one state to the next.
Property damage liability
Property damage liability coverage pays for damage you cause while driving your Ford EcoSport. Your agent can help you understand the laws in your area about how much liability insurance you need. It's a good idea to purchase more than the minimum required amount, since you are responsible for damage that exceed the limits of your insurance policy.
Medical payments/Personal injury protection
With medical payments or personal injury protection insurance, your immediate medical needs and those of your passengers are paid for by your insurance company. These policies kick in regardless of who is at fault, so you won't have to deal with another insurance company or worry about whether the other driver has enough insurance to pay your medical bills.
Uninsured motorist coverage
It's illegal to drive without auto insurance in many states, but you could be in an accident with someone who doesn't have the right types or amount of insurance. Uninsured and underinsured motorist coverage protects you from having to pay for damage caused by a driver who isn't properly insured.
Collision coverage handles repair or replacement of your Ford EcoSport if the damage is a result of an accident with another car or if you hit an object. This coverage isn't right for every driver, however. If you have an older car, talk with your agent about whether collision coverage makes sense.
Comprehensive coverage handles costs associated with an accident or damaging incident. Fire, vandalism, theft, and natural disasters all fall under this policy. Comprehensive coverage is optional unless you have a loan or lease on your Ford EcoSport. Your lienholder may dictate how much comprehensive coverage you need.
Replacing a windshield is expensive, but it's not a repair that you can safely put off. Glass coverage insurance policies with zero deductible cost very little and can help you make glass repairs right away, regardless of how much they cost.
If you owe more on your Ford EcoSport SUV than it's worth, gap coverage may be a smart addition to your insurance policy. An accident that results in a total loss could result in your insurance company paying a settlement that isn't quite enough to cover your outstanding loan. In that case, you would be responsible for paying off the remainder of the loan on your own. This coverage helps bridge that "gap."
What Affects the Cost of Insurance for Your Ford EcoSport?
Annual mileage: Ford EcoSport drivers who put more than 10,000 to 15,000 miles per year on their vehicle may pay slightly higher auto insurance premiums.
Your driving record: High-risk drivers pay an average of $2,830 per year for full coverage insurance, which is more than double the average rate paid by drivers with a spotless driving record.
The value of your vehicle: Newer Ford EcoSport vehicles typically cost more to insure. Average insurance rates fall from $1,310 per year for a 2020 model to $1,290 per year for a 2018 model.
Average Ford EcoSport Insurance Costs
Because so many factors contribute to your insurance rates, you may pay more or less than the averages noted here. Full coverage insurance includes collision and comprehensive coverage with a $500 deductible.
You may pay just $438 per year for liability-only coverage, but you'll need full coverage if you have a loan or lease on your vehicle.
Young drivers and those with a moving violation or at-fault accident on their record may pay much higher rates than the averages noted here.
The Safety of Your Ford EcoSport
The National Highway Traffic Safety Administration (NHTSA) gave the 2020 Ford EcoSport with all-wheel drive an overall four-star safety rating. Choosing a model with advanced safety features could help reduce your insurance premiums by increasing your likelihood of avoiding expensive accidents.
How Location Affects Your Ford EcoSport Insurance
A 40-year-old driver with a clean driving record and a $500 deductible pays varying rates for full coverage on their Ford EcoSport, depending on where they live.
|Columbus, Ohio:||Chicago, Illinois:||Los Angeles, California:|
Additional Factors That Affect Your Ford EcoSport Insurance Premiums
- Safety features like anti-theft devices
Average Cost to Insure a Ford EcoSport
Average annual auto insurance rates are for a 40-year-old Ford EcoSport driver with an excellent driving record and a $500 deductible.
|Average annual cost to insure a Ford EcoSport with full coverage:||$1,310|
|Top three most expensive states for Ford EcoSport insurance:|
|Michigan, New York, Florida||$1,770|
|Top three most affordable states for Ford EcoSport insurance:|
|North Carolina, Vermont, Wisconsin||$680|
Top Independent Insurance Carriers That Insure the Ford EcoSport
According to a recent US Independent Insurance Agent Satisfaction Study by JD Power, the following companies provide excellent service to their insurance customers:
Get a Ford EcoSport Quote
Your independent insurance agent shops multiple insurance companies to find a great fit, the best rates, and excellent auto insurance coverage for your Ford EcoSport. TrustedChoice.com offers access to a network of independent insurance agents that specialize in getting you the coverage you need at a rate that fits into your budget. Use the find-an-agent tool to quickly locate an agent and get started today.
TrustedChoice.com Article | Reviewed by Greg Safford
©2020, Consumer Agent Portal, LLC. All rights reserved.
IIHS, Consumer Reports, Quote Inspector, iii.org, JD Power, Car and Driver