Buying cheap auto insurance for a Ford Escape in Nevada is pretty simple for most people to do, but it is dependent upon lots of different factors such as whether you are male or female, where your vehicle is garaged, and if you have tickets or violations. Nevada drivers will pay on average $685 each year for Escape insurance, but that price is a valuation calculated using a 40-year-old married female driver with full physical damage coverage and $500 deductibles.
There’s a high likelihood you may not be 40 years old (or even female), single instead of married, or maybe you have a teen driver on your policy that needs to be considered. Having even a minor difference in the rating criteria used to formulate rates can make a large difference in policy price.
Every driver’s needs are different, and that is why the only real way to find the cheapest insurance price for your Ford is to do the rate comparisons yourself.
The trim level of your Ford can impact the cost of coverage, so the price to insure a Escape XLS 2WD trim level will be $78 cheaper than the insurance cost for the higher-end Escape Limited 4WD model, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$146||$260||$276||$16||$82||$780||$65|
|Escape XLS 4WD||$146||$260||$276||$16||$82||$780||$65|
|Escape XLT 2WD||$146||$260||$276||$16||$82||$780||$65|
|Escape Limited 2WD||$166||$260||$276||$16||$82||$800||$67|
|Escape XLT 4WD||$166||$260||$276||$16||$82||$800||$67|
|Escape Limited 4WD||$166||$318||$276||$16||$82||$858||$72|
|Get Your Own Custom Quote Go|
Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Information does not factor in the specific area where the vehicle is garaged which can change premium rates considerably.
Nevada insurance company ratings
Finding the best insurer is hard considering how many companies there are in Nevada. The company rank data listed below can help you select which insurers you want to consider to insure your vehicles. These ratings are only made up of large, nationwide insurance companies, so smaller regional companies are not factored into this list.
Top 10 Large Auto Insurance Companies in Las Vegas Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- GEICO – A++
- State Farm – A++
- The Hartford – A+
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Titan Insurance – A+
Does full coverage make sense?
Buying cheaper insurance is the goal of most vehicle owners, and a great way to reduce the cost of insurance for a Ford Escape is to not buy full coverage. The diagram below illustrates the difference between insurance prices with full coverage and liability only. The premiums are based on no claims or driving citations, $1,000 deductibles, drivers are single, and no discounts are taken into consideration.
If we average the cost for ages 20 through 70, comprehensive and collision coverage on your policy costs $1,320 per year more than just insuring for liability. That touches on the question if buying full coverage is worth the money. There is no definitive formula that works best for making the decision to drop full coverage, but there is a general convention. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s pretend your vehicle’s replacement value is $8,500 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $7,500 after paying your deductible. If premiums are more than $750 a year for full coverage, then it’s probably a good time to buy liability coverage only.
There are a few situations where dropping full coverage is not in your best interest. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.
Types of discounts on Las Vegas auto insurance
Auto insurance companies that provide coverage for a Ford Escape may additionally offer policy discounts that can reduce rates by as much as 25% or more if you meet specific criteria. The best insurance companies and the discounts they provide are shown below.
- Travelers has savings for save driver, multi-car, hybrid/electric vehicle, multi-policy, student away at school, and good student.
- 21st Century may have discounts that include early bird, defensive driver, air bags, student driver, anti-lock brakes, and 55 and older.
- State Farm offers premium reductions for good student, multiple autos, passive restraint, Drive Safe & Save, safe vehicle, defensive driving training, and good driver.
- GEICO policyholders can earn discounts including five-year accident-free, daytime running lights, multi-policy, defensive driver, membership and employees, air bags, and multi-vehicle.
- SAFECO offers discounts including homeowner, bundle discounts, accident prevention training, multi-car, drive less, teen safety rewards, and anti-theft.
- AAA has discounts for pay-in-full, good student, multi-car, anti-theft, good driver, and multi-policy.
The illustration below shows the comparison of auto insurance rates with and without discounts applied to the premium. The rate quotes are based on a male driver, no driving violations, no at-fault accidents, Nevada state minimum liability limits, full coverage, and $1,000 deductibles.
The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with multiple policy, anti-theft, homeowner, marriage, vehicle safety, and safe-driver discounts applied. When taking advantage of discounts, the average amount saved each year on insurance for a Ford Escape is 28% or $389.
How to find low-cost auto insurance for a Ford Escape
It’s not impossible to find cheaper rates, and here are some of the recommended thrifty ideas that can help you get more affordable coverage.
- Good credit can save money
- Safer vehicles cost less to insure
- Do not get traffic citations
- Remain accident-free and save
- Raise comprehensive and collision coverage deductibles
- Shop around for cheaper prices
That last piece of advice is extraordinarily vital, as was affirmed in this article. Prices charged by car insurance companies in Las Vegas vary greatly, so don’t hesitate to switch to a new company if you find a cheaper price. Sticking with a specific company is fine, but it’s not a great idea if your bullheadedness ends up costing you a lot of money. In less than five minutes you could compare rates to find cheaper car insurance for a Ford Escape.
The auto insurance agents in Las Vegas shown below can most likely help you decide which car insurance company is the best fit, as lots of people like to get some professional advice when shopping for cheaper insurance for an Escape. It can be difficult to find the cheapest auto insurance company, so insurance agents licensed in the state of Nevada can give peace of mind knowing you have sufficient protection if you have a claim.
To locate a Las Vegas auto insurance agent close to where you live, click the button below the list.
- Farmers Insurance – Nino Jimenez
3375 Glen Ave #10 – Las Vegas, NV 89121 – (702) 696-1606
- Gary Gibson – State Farm Insurance Agent
Ste B3, 3220 S Durango Dr – Las Vegas, NV 89117 – (702) 901-8787
- All Around Insurance Agency, Inc.
3970 N Tenaya Way #110 – Las Vegas, NV 89129 – (725) 696-7707
- Superior Insurance
2511 Stewart Ave – Las Vegas, NV 89101 – (702) 721-7575