Finding the cheapest coverage for a Ford Escape depends on a pretty complex algorithm that uses a lot of factors such as whether you are male or female, where you live, and driving violations. Nevada drivers will pay on average $977 a year for Escape insurance, but that figure is a valuation based upon a 40-year-old single male driver with full physical damage coverage and $100 deductibles.
There's a high likelihood you may not be 40 years old (or even male), possibly married instead of single, and maybe you want different deductibles. Not every driver requires the same auto insurance coverages, so the way we recommend to find affordable rates for your Ford is to do a thorough rate comparison.
The trim level of your Escape can impact the coverage cost, so the price to insure a Escape XLS 2WD will be $132 cheaper than the price to insure the more expensive Escape Limited 4WD model, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$226||$452||$316||$18||$94||$1,106||$92|
|Escape XLS 4WD||$226||$452||$316||$18||$94||$1,106||$92|
|Escape XLT 2WD||$226||$452||$316||$18||$94||$1,106||$92|
|Escape Limited 2WD||$260||$452||$316||$18||$94||$1,140||$95|
|Escape XLT 4WD||$260||$452||$316||$18||$94||$1,140||$95|
|Escape Limited 4WD||$260||$550||$316||$18||$94||$1,238||$103|
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Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Rates do not factor in the specific area where the vehicle is garaged which can decrease or increase coverage prices greatly.
Buying cheap auto insurance is confusing at best, and finding out which companies have the most affordable car insurance rates for a Ford Escape in Nevada may require a little more work. Each auto insurer has a unique formula to set premium rates, so let's rank the car insurance companies that tend to have lower prices in Nevada.
It's a good idea to be aware that Nevada car insurance rates are impacted by many things which can substantially change your annual premium. Simply having a birthday, getting married, or getting caught speeding may generate price changes that may make certain companies higher-priced than the competition.
Best Auto Insurance Prices for Your Escape
|Rank||Company||Cost Per Year|
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Travelers may offer some of the best car insurance rates in Nevada at around $903 each year. This is $671 less than the average price paid by Nevada drivers of $1,574. Allied, Capital, Oregon Mutual, and American Family also are some of the lowest-priced Nevada auto insurance companies.
In the above rates, if you buy coverage from Oregon Mutual and switched to Travelers, you may see savings of around $290. Insureds with American Family may save as much as $291 a year, and Progressive customers might realize rate reductions of up to $323 a year.
To see if your current coverage is too expensive, click here to start your free quote or quote rates from the companies below.
Bear in mind that those prices are averages across all drivers and vehicles in Nevada and do not factor in a specific rate factor for a Ford Escape. So the insurer that can offer you the lowest price may not even be in the top 20 companies in the list above. That affirms the importance of why you need to get quotes using your own driver information and specific vehicle type.
The illustration below demonstrates how deductible levels can raise or lower insurance premiums when searching for cheap insurance for a Ford Escape in Nevada. Data assumes a single male driver, full physical damage coverage, and no discounts are applied.
A 50-year-old driver could reduce rates by $254 a year by switching from a $100 deductible to a $500 deductible, or save $382 by changing to a $1,000 deductible. Youthful drivers, like the age 20 example, could shave as much as $830 every year by choosing larger deductibles on their policy. If you do make the decision to raise your deductibles, it is important to have enough in a savings account to enable you to pay the extra out-of-pocket expense associated with higher deductibles.
Should you buy full coverage?
Paying less for car insurance should be important to most people, and a good way to buy cheap insurance for a Ford Escape in Nevada is to not buy comprehensive and collision coverage. The diagram below shows the difference between annual premium costs with full coverage compared to only the Nevada minimum liability coverage. The premiums are based on no claims or driving violations, $250 deductibles, drivers are not married, and no discounts are applied.
If the expense is averaged for all age categories, physical damage coverage costs $1,791 per year more than just insuring for liability. Lot's of drivers question if you should buy full coverage. There is no specific rule of when to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of the vehicle's replacement cost less your deductible, then you might want to consider buying only liability coverage.
There are a few situations where buying only liability insurance is not advised. If you still owe a portion of the original loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don't have enough money to buy a different vehicle in case of an accident, you should not buy liability only.
Ideas for buying economical car insurance for a Ford Escape in Nevada
Here are a few money-saving suggestions that can help Nevada drivers find low-cost coverage.
- You will pay more if you get tickets or have at-fault accidents
- Better credit scores save money
- Avoid preventable accidents
- Increase your deductibles
- Drive safe vehicles
- Keep rates low by comparing prices once a year
That final tip is especially important, as we emphasized in this piece. Auto insurance rates fluctuate constantly, so don't be unwilling to buy from a different company if a lower price can be found.
Being loyal to a particular company is commendable, but it's not a great idea if that loyalty ends up costing a small fortune. Now is a great time to compare prices and find cheaper auto insurance for a Ford Escape.