A recent car insurance study revealed that over 70% of consumers have bought car insurance from the same company for over three years, and nearly 40% of drivers have never even shopped around for cheaper coverage. Most drivers in the U.S. could cut their rates by 46.5% a year by just comparing quotes, but they underestimate the amount of money they would save if they changed companies.
If you want to save money, the best way to find low-cost prices for Ford Fusion Hybrid insurance in Detroit is to compare prices regularly from companies who can sell car insurance in Michigan. You can compare prices by following these guidelines.
- Try to comprehend car insurance and the measures you can take to prevent high rates. Many factors that increase rates like inattentive driving and a poor credit score can be rectified by making minor changes in your lifestyle. Continue reading for tips to get cheaper rates and get additional discounts.
- Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like GEICO and Allstate, while independent agents can give you price quotes for a wide range of insurance providers.
- Compare the price quotes to your existing rates and see if you can save money. If you can save some money and buy the policy, make sure coverage does not lapse between policies.
A tip to remember is that you’ll want to compare identical limits and deductibles on each price quote and and to get price estimates from as many car insurance companies as possible. Doing this ensures a fair rate comparison and the best price selection.
The most recommended method to compare insurance rates from multiple companies takes advantage of the fact most insurance companies actually pay money for the chance to compare rate quotes. To start a quote, the only thing you need to do is provide a little information like the year, make and model of vehicles, marital status, if the car is leased, and how much coverage you want. Your insurance information is then submitted to multiple car insurance providers and they return quotes instantly to find the best rate.
To find the cheapest car insurance rates, click here and see if a lower rate is available in Detroit.
The following companies provide price quotes in Detroit, MI. If you want cheaper auto insurance in Detroit, MI, it’s highly recommended you compare several of them to get the best price comparison.
Coverage statistics and figures
The premium table shown below showcases detailed analysis of insurance premium costs for Ford Fusion Hybrid models. Having a good grasp of how policy premiums are calculated can help guide drivers when making informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $578 | $1378 | $1122 | $66 | $336 | $3,480 | $290 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Michigan minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in the specific area where the vehicle is garaged which can raise or lower premium rates noticeably.
Physical damage deductibles: Should you raise them?
The hardest decision when buying coverage is at what level do you set your deductibles. The rates below can help show the cost difference when you buy lower versus higher physical damage coverage deductibles. The first pricing table uses a $100 deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $670 | $1456 | $864 | $52 | $258 | $3,325 | $277 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $490 | $984 | $864 | $52 | $258 | $2,648 | $221 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in your specific Detroit location which can decrease or increase coverage prices considerably.
Based on these figures, using a $100 deductible costs roughly $56 more each month or $672 every year than buying the higher $500 deductible. Due to the fact that you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 7 months between claims, you would most likely save money if you elect the higher deductible. Below is a better example of how this determination is made.
| Average monthly premium for $100 deductibles: | $277 |
| Average monthly premium for $500 deductibles (subtract): | – $221 |
| Monthly savings from raising deductible: | $56 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $56 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 7 months |
An important sidenote is that raising deductibles to get cheaper rates means you will have to pay more out-of-pocket when you have a claim. That will require some money saved in order to pay more for the deductible.
Ford Fusion Hybrid insurance premiums by gender
The example below compares Ford Fusion Hybrid yearly insurance costs for male and female drivers. The rates are based on no violations or accidents, comprehensive and collision coverage, $250 deductibles, single marital status, and no policy discounts are applied.
Full coverage versus liability only rates
The illustration below illustrates the comparison of Ford Fusion Hybrid insurance premiums with full coverage and liability only. The premiums assume no claims or driving citations, $100 deductibles, drivers are not married, and no additional discounts are factored in.
Guidelines for dropping full coverage
There is no definitive guideline of when to drop full coverage, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s pretend your Ford Fusion Hybrid settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $8,000 after the policy deductible has been paid. If you are paying over $800 a year for comprehensive and collision coverage, then it could be time to drop full coverage.
There are a few situations where dropping physical damage coverage is not recommended. If you still have a lienholder on your title, you have to keep full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not opt for liability only.
Car insurance is an important decision
Even though Detroit Fusion Hybrid insurance rates can get expensive, insuring your vehicle is required by state law in Michigan and it also provides benefits you may not be aware of.
- Most states have minimum liability requirements which means it is punishable by state law to not carry a specific level of liability coverage in order to drive the car legally. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your Ford, almost all lenders will require you to carry insurance to ensure they get paid if you total the vehicle. If the policy lapses, the bank will be required to insure your Ford at a much higher rate and make you pay for the much more expensive policy.
- Car insurance preserves both your assets and your Ford. It will also pay for many types of medical costs for yourself as well as anyone injured by you. Liability insurance also covers legal expenses if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your Fusion Hybrid definitely exceed the price paid, particularly when you have a large claim. According to a 2015 survey, the average American driver is currently overpaying as much as $865 each year so compare quotes from several companies at every policy renewal to ensure rates are competitive.
Get cheaper rates by getting these five discounts
Insuring your fleet can be pricey, but there may be some discounts that you may not know about. A few discounts will be applied when you complete an application, but some may not be applied and must be inquired about before they will apply.
- Anti-lock Brake System – Cars and trucks with ABS braking systems or traction control are safer to drive and the ABS can save up to 10%.
- Responsible Drivers – Insureds who avoid accidents may receive a discount up to 45% than their less cautious counterparts.
- Policy Bundle Discount – When you have multiple policies and insure them both with the same insurance company you could earn a discount of as much as 10 to 15 percent.
- Drive Less and Save – Keeping the miles down on your Ford could be rewarded with lower prices due to less chance of an accident.
- Theft Deterrent System – Vehicles equipped with anti-theft or alarm systems are stolen with less frequency so companies will give you a small discount.
Drivers should understand that many deductions do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, you aren’t that lucky.
The example below illustrates the comparison of Ford Fusion Hybrid annual premium costs with and without policy discounts. The costs are based on a male driver, no accidents or driving violations, Michigan state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, homeowner, multi-policy, and safe-driver discounts applied.
A few companies that have these benefits include:
If you need lower rates, check with all companies you are considering to apply every possible discount. Discounts may not apply to policies in Detroit.
Insurance can be complex
When quoting and comparing coverage online or from an agent for your vehicles, there really is no one-size-fits-all type of policy. Your situation is unique and your policy should reflect that.
For instance, these questions can aid in determining if your situation might need professional guidance.
- Which companies are cheaper for teen drivers?
- Am I covered when driving someone else’s vehicle?
- When should I remove my kid from my policy?
- Can I afford to pay high deductible claims out of pocket?
- When should I not file a claim?
- If I drive on a suspended license am I covered?
- Is my custom paint covered by insurance?
- How much underlying liability do I need for an umbrella policy?
- What does roadside assistance cover?
- Why am I required to buy high-risk coverage?
If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.
Car insurance is available from agents near you
Many drivers prefer to talk to a local agent and that can be a great decision Professional insurance agents are trained risk managers and help in the event of a claim. A nice benefit of getting free rate quotes online is that you can find lower rates and still buy from a local agent. Buying from local agencies is still important in Detroit.
By using this simple form, your insurance coverage information is immediately sent to participating agents in Detroit who can give free rate quotes for your business. You won’t need to leave your computer as quotes are delivered to you directly. If you have a need to compare prices from one company in particular, just go to their quote page and fill out the quote form the provide.
Pick the best auto insurance agent in Detroit for you
When narrowing the list to find a reputable agency, it helps to know the two different types of agencies and how they work. Detroit agents may be either exclusive agents or independent agents. Both types can insure your vehicles, but it is important to understand the difference in the companies they write for since it can affect buying decisions.
Independent Car Insurance Agencies or Brokers
These type of agents do not work for one specific company and that gives them the ability to insure with lots of companies and find you cheaper rates. If premiums increase, your policy is moved internally which is easy for the insured. When comparing car insurance rates, you need to contact multiple independent agents to get the best comparison. Most also have access to companies you’ve never heard of that many times have cheaper rates.
Below are independent agencies in Detroit who can help you get competitive price quotes.
- Kim-One Insurance Agency
11000 W McNichols Rd – Detroit, MI 48221 – (313) 397-4198 – View Map - Dave Gilead Insurance Agency
18323 W McNichols Rd – Detroit, MI 48219 – (313) 533-3220 – View Map - Clark Insurance Agency
2711 E Jefferson Ave #206 – Detroit, MI 48207 – (313) 259-6600 – View Map
Exclusive Car Insurance Agencies
Agents that choose to be exclusive normally can only provide a single company’s rates like AAA, Allstate, State Farm, or Farmers Insurance. These agents are not able to place coverage with different providers so they have to upsell other benefits. They are well trained on their company’s products which helps them sell on service rather than price. Consumers frequently use the same exclusive agent mainly due to the brand legacy and the convenience of having all coverages with one company.
Below are exclusive agencies in Detroit that can give you rate quotes.
- Angela Hughes – State Farm Insurance Agent
14511 W McNichols Rd – Detroit, MI 48235 – (313) 862-7800 – View Map - Michelle Sims – State Farm Insurance Agent
24970 W Outer Dr – Lincoln Park, MI 48146 – (313) 928-1348 – View Map - John Cash – State Farm Insurance Agent
19203 Grand River Ave – Detroit, MI 48223 – (313) 537-1200 – View Map
Deciding on an insurance agency should depend on more than just a cheap price. A good agent in Detroit will have answers to these questions.
- Will your rates increase after a single accident?
- Are they primarily personal or commercial lines agents in Detroit?
- Is every driver in your family covered?
- Is there a Errors and Omissions policy in force?
- Do you work with a CSR or direct with the agent?
Coverage specifics
Having a good grasp of car insurance can be of help when determining the best coverages at the best deductibles and correct limits. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most car insurance policies.
Auto liability – This protects you from injuries or damage you cause to other’s property or people. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 20/40/10 that translate to $20,000 in coverage for each person’s injuries, a total of $40,000 of bodily injury coverage per accident, and a limit of $10,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.
Liability can pay for things such as medical expenses, repair costs for stationary objects, emergency aid and attorney fees. How much coverage you buy is your choice, but consider buying higher limits if possible. Michigan state minimum liability requirements are 20/40/10 but you should think about purchasing higher limits.
The next chart demonstrates why the minimum limit may not provide you with enough coverage.
Medical costs insurance – Coverage for medical payments and/or PIP pay for short-term medical expenses for things like prosthetic devices, funeral costs, nursing services, doctor visits and surgery. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
Collision coverage – Collision insurance pays to fix your vehicle from damage from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for things like damaging your car on a curb, sustaining damage from a pot hole, colliding with another moving vehicle, hitting a mailbox and rolling your car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. You can also increase the deductible on your Fusion Hybrid to save money on collision insurance.
UM/UIM Coverage – This coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Ford Fusion Hybrid.
Since a lot of drivers only purchase the least amount of liability that is required (Michigan limits are 20/40/10), their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are similar to your liability insurance amounts.
Comprehensive or Other Than Collision – This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as a broken windshield, falling objects, hitting a bird and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
In the end, you can save money
We just covered many ideas to find lower-cost Ford Fusion Hybrid insurance in Detroit. The key concept to understand is the more times you quote, the higher the chance of saving money. You may even discover the lowest premium rates are with a small mutual company. Smaller companies may cover specific market segments cheaper compared to the large companies like Progressive or GEICO.
The cheapest Ford Fusion Hybrid insurance in Detroit can be bought from both online companies and from local agencies, so you need to shop Detroit car insurance with both to have the best selection. Some car insurance companies may not offer rates over the internet and many times these small, regional companies work with independent agents.
Additional detailed information is located in the articles below:
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)
- How Much is Car Insurance for a Ford Fusion in Detroit? (FAQ)
- Who Has Affordable Detroit Auto Insurance Quotes for Felons? (FAQ)
- Who Has Cheap Detroit Car Insurance for Active Military? (FAQ)
- How Much Does Car Insurance Go Up After a Speeding Ticket? (DetroitInsure.com)
- Property Damage Coverage (Liberty Mutual)
- Car Insurance FAQ (Trusted Choice)