The Ford Fiesta is a compact car with a reputation for being economical and efficient. Choosing the right type and amount of car insurance can help you keep costs under control without sacrificing essential coverage. An independent insurance agent can help you understand your options and design an insurance package that fits your budget and lifestyle. They can also help you choose the right insurance company.
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What Kinds of Insurance do You Need for Your Ford Fiesta?
Bodily Injury Liability
If someone else is hurt in an accident you caused, bodily injury liability coverage will protect you from having to pay that person's medical bills on your own. Some states require drivers to carry certain amounts of bodily injury liability insurance.
Property Damage Liability
In many areas, property damage liability coverage is required. If you damage someone else's vehicle or property, you are responsible for paying to fix or replace them. In most states, there are minimum limits you must meet. If you don't have enough insurance, you could be responsible for paying for additional costs out of pocket. Talk with your agent to understand whether buying more than the minimum required amount is a good idea.
Medical Payments/Personal Injury Protection
Depending on where you live, personal injury protection may be required. In states where you can choose to opt out, you may be able to get medical payments coverage. These policies provide coverage for medical costs associated with recovering from a car accident.
Uninsured Motorist Coverage
Uninsured and underinsured motorist don't have the insurance coverage they need to handle the repair bills if they cause an accident. You can get uninsured or underinsured motorist coverage to provide an extra layer of protection, though. This type of insurance provides coverage for you, your passengers, and the vehicle.
If you hit an object or are in an accident with another vehicle, collision coverage will pay to fix your car, minus your deductible. Your agent may recommend that you skip this type of coverage if your Fiesta is more than a few years old. Collision coverage is required if you have a lease or loan on your car, but it doesn't make sense for everyone.
If your car sustains damage from an event other than a collision, like a windstorm, hail, or a falling object, comprehensive coverage could handle the repair bill. Comprehensive coverage also covers damage as a result of hitting an animal and vandalism.
If you have a broken windshield, chances are the cost to replace it is less than your deductible. It's still an unwelcome expense, and glass coverage is one add-on that can save you hundreds of dollars for a very low monthly premium.
Gap coverage covers the "gap" between the amount you owe on a new car and the amount your insurance company will pay if your Fiesta is a total loss in an accident. Without gap insurance, you'll be responsible for paying the difference on your own.
What Affects the Cost of Insurance for Your Ford Fiesta?
Annual Mileage: If you drive more than 10,000 to 15,000 per year, you may pay higher insurance rates.
Your Driving Record: Expect to pay lower insurance premiums if you don't have any at-fault accidents or moving violations on your driving record.
The Value of Your Vehicle: 2020 Ford Fiesta prices start at about $14,000, which is a low starting price for a new car.
Average Ford Fiesta Insurance Costs
Since there are so many factors that contribute to your Ford Fiesta insurance premium calculations, it's crucial to get a quote based on your age, driving record, and location. Although an average 40-year-old Ford Fiesta driver pays $1,724 per year, younger drivers and those with moving violations or at-fault accidents on their records should expect to pay a higher premium.
The Safety of Your Ford Fiesta
The NHTSA gave the 2019 Ford Fiesta an overall four-star safety rating, with four-out-of-five stars in each safety category. . The IIHS gave it a "good" rating in every crash-test category, except the driver-side front, which received a "marginal" rating.
How Location Affects Your Ford Fiesta Insurance
If you drive through the heavy traffic of a big city, you probably understand that your risk of getting in an accident is higher than if you were living in a rural area. Congested roadways in cities often mean more insurance claims, which causes drivers in those areas to pay higher premiums.
Additional Factors that Affect Your Ford Fiesta Insurance Premiums
- Safety features like anti-theft devices
- Your age
- Your gender
- The deductibles that you choose
- Your credit rating
Average Cost to Insure a Ford Fiesta
|Average annual cost to insure a Ford Fiesta with full coverage:||$1,212|
|Top 3 most expensive states for Ford Fiesta insurance:|
|Louisiana, New York, Michigan||$1,730|
|Top 3 most affordable states for Ford Fiesta insurance:|
|Iowa, Idaho, Maine||$800|
Top Independent Insurance Carriers That Insure the Ford Fiesta
According to a recent U.S. Independent Insurance Agent Satisfaction Study by J.D. Power, the following companies provide excellent service to their insurance customers:
Get a Ford Fiesta Quote
An independent insurance agent shops dozens of insurance companies for you, so you'll get great rates for the right type of auto insurance. The TrustedChoice.com Find an Agent tool is a fast way to get matched with an agent right away. Reach out to a TrustedChoice.com agent today to get a quote for insurance on your Ford Fiesta.
TrustedChoice.com Article | Reviewed by Greg Safford
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IIHS, Consumer Reports, Quote Inspector, iii.org, JD Power, Car and Driver