Unbelievable but true, the vast majority of car insurance customers kept buying from the same company for four years or more, and approximately 40% of consumers have never even compared quotes to find cheaper rates. Minnesota drivers could save up to $1,039 every year, but they feel it’s too difficult to go online and compare rates.
The preferred way to get more affordable Ford Fusion insurance is to start comparing rates regularly from insurers who sell auto insurance in Minneapolis.
First, it will benefit you to learn about how insurance companies determine prices and the modifications you can make to keep rates low. Many rating criteria that result in higher rates such as speeding tickets, accidents and a lousy credit rating can be eliminated by being financially responsible and driving safely. This article provides ideas to help prevent costly coverage and find additional discounts.
Second, obtain price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like GEICO and Allstate, while independent agencies can give you price quotes for a wide range of companies.
Third, compare the new rate quotes to your current policy premium to see if a cheaper price is available. If you find a lower rate, make sure coverage does not lapse between policies.
An important part of this process is to compare the same deductibles and limits on every quote and and to analyze as many companies as possible. Doing this helps ensure a fair rate comparison and a complete selection of prices.
The quickest way to get rate comparisons for Ford Fusion insurance in Minneapolis is to realize car insurance companies pay for the opportunity to compare their rates. To get started, all you need to do is give them some information like types of safety features, the make and model of your vehicles, whether you have decent credit, and how much education you have. Your information gets transmitted to many highly-rated insurers and you will get price comparisons with very little delay.
If you wish to get multiple quotes for your Ford Fusion now, click here and complete the quick form.
The following companies are ready to provide price quotes in Minneapolis, MN. If you want cheaper auto insurance in Minneapolis, MN, we recommend you visit several of them in order to get a fair rate comparison.
Coverage analysis
The rate table displayed next outlines detailed analysis of insurance costs for Ford Fusion models. Having a better idea how rates are established is important for drivers to make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion S 4-Dr Sedan | $212 | $420 | $304 | $18 | $92 | $1,046 | $87 |
| Fusion SE 4-Dr Sedan | $240 | $494 | $304 | $18 | $92 | $1,148 | $96 |
| Fusion Hybrid 4-Dr Sedan | $240 | $568 | $380 | $22 | $114 | $1,324 | $110 |
| Fusion SEL 4-Dr Sedan | $240 | $494 | $304 | $18 | $92 | $1,148 | $96 |
| Fusion Sport 4-Dr Sedan | $240 | $494 | $304 | $18 | $92 | $1,148 | $96 |
| Fusion SEL AWD 4-Dr Sedan | $268 | $568 | $304 | $18 | $92 | $1,250 | $104 |
| Fusion Sport AWD 4-Dr Sedan | $268 | $568 | $304 | $18 | $92 | $1,250 | $104 |
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Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Minnesota minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Rates do not factor in specific garaging location which can increase or decrease premium rates considerably.
Insurance deductibles
One frequently asked question is how high should the deductibles for physical damage be. The figures shown below may help to illustrate the rate differences between high and low coverage deductibles. The first rate table uses a $100 deductible for physical damage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion S 4-Dr Sedan | $272 | $492 | $318 | $18 | $94 | $1,219 | $102 |
| Fusion SE 4-Dr Sedan | $308 | $580 | $318 | $18 | $94 | $1,343 | $112 |
| Fusion Hybrid 4-Dr Sedan | $308 | $668 | $396 | $24 | $118 | $1,539 | $128 |
| Fusion SEL 4-Dr Sedan | $308 | $580 | $318 | $18 | $94 | $1,343 | $112 |
| Fusion Sport 4-Dr Sedan | $308 | $580 | $318 | $18 | $94 | $1,343 | $112 |
| Fusion SEL AWD 4-Dr Sedan | $344 | $668 | $318 | $18 | $94 | $1,467 | $122 |
| Fusion Sport AWD 4-Dr Sedan | $344 | $668 | $318 | $18 | $94 | $1,467 | $122 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion S 4-Dr Sedan | $200 | $334 | $318 | $18 | $94 | $964 | $80 |
| Fusion SE 4-Dr Sedan | $224 | $392 | $318 | $18 | $94 | $1,046 | $87 |
| Fusion Hybrid 4-Dr Sedan | $224 | $452 | $396 | $24 | $118 | $1,214 | $101 |
| Fusion SEL 4-Dr Sedan | $224 | $392 | $318 | $18 | $94 | $1,046 | $87 |
| Fusion Sport 4-Dr Sedan | $224 | $392 | $318 | $18 | $94 | $1,046 | $87 |
| Fusion SEL AWD 4-Dr Sedan | $250 | $452 | $318 | $18 | $94 | $1,132 | $94 |
| Fusion Sport AWD 4-Dr Sedan | $250 | $452 | $318 | $18 | $94 | $1,132 | $94 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Rate information does not factor in the specific area where the vehicle is garaged which can affect premium rates significantly.
Based on the figures above, using a $100 deductible costs about $26 more each month or $312 every year than opting for the higher $500 deductible. Due to the fact that you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you usually have at least 15 months between claims, you would come out ahead if you choose the higher deductible. The table below shows an example of how you can decide this on your own policy.
| Average monthly premium for $100 deductibles: | $116 |
| Average monthly premium for $500 deductibles (subtract): | – $90 |
| Monthly savings from raising deductible: | $26 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $26 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
Careless drivers pay higher rates
The diagram below demonstrates how citations and fender-benders can influence Ford Fusion insurance premiums for different categories of driver ages. The premiums are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.
Gender-based insurance premiums in Minneapolis
The illustration below visualizes the comparison of Ford Fusion insurance rates for male and female drivers. The costs are based on no driving violations, no at-fault accidents, comp and collision included, $500 deductibles, marital status is single, and no policy discounts are applied.
Auto insurance policy discounts for Ford Fusion insurance in Minneapolis
Insurance can be prohibitively expensive, but you can get discounts that can drop the cost substantially. A few discounts will automatically apply when you purchase, but once in a while a discount must be asked about in order for you to get them.
- Discounts for Safe Drivers – Drivers without accidents can pay as much as 50% less than their less cautious counterparts.
- Distant Student Discount – Children who are enrolled in higher education away from home without a vehicle on campus may be able to be covered for less.
- Safety Course Discount – Taking time to complete a driver safety course could earn you a small percentage discount if you qualify.
- Early Payment Discounts – By making one initial payment as opposed to paying monthly you could save up to 5%.
- Sign Online – A few larger online companies will give a small break shop Minneapolis car insurance over the internet.
- Drivers Education – It’s a good idea to have your young drivers enroll in driver’s education in school or through a local driver safety program.
As is typical with insurance, most credits do not apply to the overall cost of the policy. Some only reduce specific coverage prices like comprehensive or collision. So when the math indicates it’s possible to get free car insurance, company stockholders wouldn’t be very happy. But any discount will reduce the amount you pay for coverage.
The diagram below illustrates the comparison of Ford Fusion insurance costs with and without discounts applied to the policy premium. The costs are based on a male driver, no claims or driving violations, Minnesota state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, multi-car, multi-policy, claim-free, and homeowner discounts applied.
A list of companies and some of the premium reductions they offer are:
- GEICO may have discounts that include driver training, good student, membership and employees, emergency military deployment, multi-vehicle, and anti-theft.
- Auto-Owners Insurance offers premium reductions for good student, multi-policy, teen driver, multiple vehicles, and safe driver.
- American Family has discounts for early bird, TimeAway discount, air bags, bundled insurance, multi-vehicle, and mySafetyValet.
- Esurance discounts include DriveSense, claim free, online quote, Switch & Save, and homeowner.
- Progressive includes discounts for good student, online quote discount, homeowner, multi-policy, continuous coverage, online signing, and multi-vehicle.
- State Farm offers discounts including defensive driving training, passive restraint, multiple policy, student away at school, and accident-free.
- AAA offers discounts for education and occupation, anti-theft, pay-in-full, good student, and multi-policy.
Before you buy a policy, ask each company which discounts you may be entitled to. Depending on the company, some discounts might not be offered on policies in Minneapolis. To see a list of providers that offer the discounts shown above in Minnesota, click this link.
It may be expensive, but it’s not optional
Despite the high cost of buying insurance for a Ford Fusion in Minneapolis, maintaining insurance is required in Minnesota but it also protects you in many ways.
First, the majority of states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a minimum amount of liability in order to get the vehicle licensed. In Minnesota these limits are 30/60/10 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your car has a loan, most lenders will stipulate that you have physical damage coverage to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Ford for a lot more money and force you to reimburse them for it.
Third, auto insurance protects your vehicle and your assets. It also can pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit in the event you are sued. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay to repair the damage.
The benefits of carrying enough insurance definitely exceed the cost, particularly when you have a large claim. An average driver in America is overpaying more than $820 a year so smart consumers compare quotes at every renewal to ensure rates are inline.
Don’t assume everyone needs the same car insurance coverage
When buying adequate coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is unique and a cookie cutter policy won’t apply.
Here are some questions about coverages that may help you determine if your insurance needs might need an agent’s assistance.
- Will I lose any money if I cancel my policy before it expires?
- What are the best liability limits?
- Am I covered when pulling a rental trailer?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- What is an adequate liability insurance limit?
If you’re not sure about those questions then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.
Car insurance quotes from neighborhood Minneapolis auto insurance agents
A small number of people would rather sit down and talk to an agent and doing so can bring peace of mind Good agents are trained to spot inefficiencies and help submit paperwork. An additional benefit of comparing rate quotes online is you may find cheaper auto insurance rates and still have a local agent. Buying insurance from local agencies is important particularly in Minneapolis.
To help locate an agent, after submitting this short form, your coverage information is immediately sent to companies in Minneapolis who will gladly provide quotes and help you find cheaper coverage. There is no need to search for an agent since rate quotes are delivered immediately to you. If you need to compare rates from a specific insurance company, don’t hesitate to visit that company’s website and complete a quote there.
When finding a reliable agent, it can be helpful to understand the different types of agencies and how they work. Agencies in Minneapolis are categorized either independent or exclusive. Either one can do a good job, but it’s important to know the difference in how they write coverage because it may have an impact on the kind of agent you use.
Independent Insurance Agents
Agents that choose to be independent are not limited to a single company and that enables them to quote your coverage through lots of different companies and get the cheapest rates. If you want to switch companies, they can switch companies in-house which is easy for the insured.
When comparing rates, we recommend you get quotes from several independent insurance agents to get the most accurate price comparison. Many write coverage with companies you’ve never heard of which could offer lower prices.
Listed below are independent agencies in Minneapolis who may be able to give you pricing information.
- Cheap Car Insurance Minneapolis Auto Insurance Agency
2227 W 21st St – Minneapolis, MN 55405 – (612) 425-1616 – View Map - TCF Agency Insurance Services Inc
801 S Marquette Ave – Minneapolis, MN 55402 – (612) 661-8400 – View Map - Minneapolis St. Paul Agency Insurance and Risk Management
2469 University Ave W – St Paul, MN 55114 – (651) 647-9665 – View Map
Exclusive Agents
Agents that elect to be exclusive can only quote rates from one company and some examples include State Farm, Allstate, or Farmers Insurance. These agents are not able to provide rate quotes from other companies so always compare other rates. Exclusive agents receive extensive training on their company’s products which helps overcome the inability to quote other rates. Some insured continue to use the same exclusive agent mainly due to loyalty to the company rather than having low rates.
Listed below are exclusive insurance agencies in Minneapolis that are able to give price quotes.
- State Farm Insurance: Karl Herman
3017 W 56th St – Minneapolis, MN 55410 – (612) 455-8844 – View Map - American Family Insurance – Katie Bard
5459 Nicollet Ave – Minneapolis, MN 55419 – (612) 345-7900 – View Map - American Family Insurance – Patrick Fagerlee Agency Inc
3910 Central Ave NE – Minneapolis, MN 55421 – (763) 789-6201 – View Map
Selecting an insurance agent needs to be determined by more than just a cheap quote. Ask your prospective agent these questions:
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Are they actively involved in the community?
- Will one accident increase rates?
- What will you get paid if your car is a total loss? How is that amount determined?