Ford Five Hundred Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• It costs less to insure a Ford Five Hundred than the average car.

• Full coverage auto insurance for a Five Hundred runs around $140 a month, on average, while liability only insurance generally tends to be about $85.

• Aspire offers the most affordable average rates for a Five Hundred with liability only coverage offered for as little as $34 monthly.

Five Hundred Overview

With base prices starting at just $23,035 for 2007 models, the Ford Five Hundred is a great car for drivers on a budget. While it on the affordable end of the spectrum when it comes to overall price point, it's also a smart option for your budget when thinking about your future car insurance rates.

We combed through thousands of insurance quotes on Compare.com, and we've determined that average Ford Five Hundred car insurance premiums run around $106 per month. But how does that fare against its competitors?

How Much is Car Insurance for a Ford Five Hundred?

You'll see in the table above that compared to other vehicles, Ford Five Hundred insurance costs are cheaper than average. On average, Five Hundred drivers can expect to pay about $140 monthly for full coverage, which has comprehensive and collision coverages in addition to liability, and about $85 a month for liability only insurance (our guide, "State Minimum vs. Full Coverage", can give you more information on these different types of insurance).

When compared to other models, the Five Hundred is less expensive, with rates around 14% lower than other vehicles in Ford's lineup. But compared to other vehicles of a similar body style, Five Hundred coverage runs close to average, with full coverage insurance costs $37 cheaper than other cars and liability insurance prices coming in at $2 higher.

When compared to all vehicles, regardless of model, body style, or make, full coverage premiums are more affordable for a Five Hundred, but run slightly higher than average for liability only policies.

Who has the Cheapest Car Insurance for a Ford Five Hundred?

Are you looking for a auto insurance policy for your Ford Five Hundred? You're may be most interested in which carrier offers the cheapest rates. Although there will never be one company that offers the lowest rates for everyone, the lowest average rates for liability only insurance are sometimes just $31 a month from ACG. With car insurance as little as just $34 monthly, Aspire is the next cheapest auto insurance carrier.

The third, fourth, and fifth companies on the list are Ohio Mutual, Oasis, and AmericanAlliance. But just because these five carriers offer the cheapest average rates doesn't necessarily mean they'll give you the best rates for your Ford Five Hundred.

After all, your results might be different, since insurance companies look at a range of variables when calculating rates. There's only one way to make sure you find the lowest possible rates, and that's by checking quotes from a whole range of car insurance carriers.

What Factors Affect Car Insurance Rates for a Ford Five Hundred?

There are multiple factors that insurance companies use to decide how much to charge you for auto insurance -- and every company weighs certain pieces more than others, so there's not just one carrier that's the cheapest for everyone.

The sections below show many things insurance carriers use to determine rates:

Vehicle Age

The Ford Five Hundred has been around for a while -- that means vehicle age can make a difference in what you end up paying for car insurance. Typically, newer cars are going to cost more to insure because they're worth more, however, as time goes on and Five Hundreds continue to depreciate, insurance costs will gradually decrease.

Since a new model has not been added to the market for at least 5 years, the Five Hundred won't really fit this trend. However, as you can see in the table above, the most expensive Ford Five Hundreds to insure are those that are 11 to 14 years old, while the cheapest models are Five Hundreds that are 6 to 7 years old, on average.

Your Age

How old you are makes a big difference in how much auto insurance companies will charge you. As you can see above, older drivers pay less for insurance than the youngest drivers. Ford Five Hundred drivers aged 18 to 24 actually pay $30 more than those 25 or older.

Auto insurance prices continue to get lower as you get older, with the cheapest age group being 55-64 for Five Hundred drivers.

Your Gender

Because women are less likely to get into accidents and get tickets, they run a lower risk of filing a claim with insurance. So, women normally pay less for auto insurance than men. When it comes to Five Hundred drivers specifically, men pay about $86 per month for car insurance, while women pay around $84.

Where You Live

You're probably already aware that variables such as what vehicle you drive and how old you are play a role in your auto insurance costs, but did you know that where you live can have just as much as an impact? Car insurance is regulated on a state-by-state basis, so rates shift quite a bit depending on which state you're located in.

For example, the average Ford Five Hundred owner from New York pays about $197 a month for liability coverage, while on average, the same driver from California will pay less than a third of that price. The table above shows average prices for the top 10 most populous states, just to give you a good idea of how much premiums can change across states.

Ford Five Hundred Car Insurance Discounts

No matter how old you are, where you live, or which vehicle you drive, using as many discounts as possible when it comes to your car insurance is always in your best interest when shopping around for a new policy.

While no two insurance carriers offer the same exact discounts, there are a few that you'll find with most insurers. These include discounts like:

• Defensive driving discounts for drivers who take a defensive driving class through a certified school or institution
• Multi-car discounts for insuring more than one of your vehicles with the same company
• Vehicle safety discounts for having a vehicle with certain safety features (like air bags or anti-lock brakes) or one with higher than average safety ratings
• Multi-policy discounts for using the same insurance carrier for both your home and car insurance

These discounts are great, but sometimes, the best rates come from simply having a favorable insurance profile, which means not having any recent insurance claims or just having a clean driving record.

While you can't control every single aspect of your auto insurance profile (like some of the factors we mentioned above), there is quite a bit of it that you can influence. Below are just a few of the ones you can use to your advantage in order to save money on insurance:

Your Driving Record

You've almost certainly heard ads from car insurance companies promoting large savings for safe drivers. It follows that your auto insurance rates will go up if you get tickets or get into a collision. But exactly how much can it cost you for these infractions?

Looking at the table above, you'll see that accidents will usually cost Five Hundred drivers less than tickets, but both will result in a raise in rates. Ford Five Hundred drivers with one ticket will pay an average of $113 monthly, while drivers with a single accident on their record pay about $106 each month (up $21 from the $85/mo. overall average). The rates only go higher the more tickets you get or collisions you have.

How Much You Drive

Another variable that impacts your insurance prices is how much you drive. Those who are on the roads less are more likely to go accident-free, so they'll usually be offered less expensive costs. In the above table, you can see that Ford Five Hundred owners who drive fewer than 2,500 miles a year pay about $71 a month for car insurance, while those who put 10,000 miles or more on their cars pay $86.

If you drive a limited amount, you might consider choosing a usage-based or pay-per-mile insurance policy. With these kinds of coverage, you pay a small base rate each month, with your final monthly bill being calculated based on the number of miles you drove.

How Do Ford Five Hundreds Compare to Other Vehicles?

If you're considering buying a new vehicle and a Ford Five Hundred is on your shortlist, you might be wondering how it compares to other cars. Insurance is just one cost that comes with buying a new car, but it's definitely one that's worth considering carefully.

Review the table below to see how the Ford Five Hundred compares:

Overall, the Ford Five Hundred has an average MSRP and is on par with the going rate for a new vehicle. The Five Hundred's $30,184 base MSRP is right on trend with the national average of $23,035. And since there hasn't been a new Five Hundred model on the market recently, used prices will be even lower.

Similarly, car insurance premiums are pretty average when compared to the rest of the vehicle market. Full coverage insurance for a Ford Five Hundred is around $22 per month cheaper than average, while liability only coverage is $10 higher a month.

When it comes to usage, Ford Five Hundred owners drive about the same amount annually as the national average, with 11,471 miles per year compared to 11,681 for all vehicles.

Ford Five Hundred Car Insurance Costs by Model Year

Thus far, you've seen how different things have an impact on how much the average driver pays for auto insurance. But if you're considering purchasing a new Five Hundred, knowing what you can expect to pay is extremely valuable as you weigh your options.

For this reason, we've decided to break down Ford Five Hundred insurance rates by model year. Simply find the model year you want in the dropdown to see average rates for both full coverage and liability only options. You'll also find some other helpful info, like cheapest insurance company available trims for each Five Hundred model year.

2007 Ford Five Hundred Car Insurance

The average cost to insure a 2007 Five Hundred with liability only coverage is $91 per month, while full coverage runs about $147 monthly.

Looking for the most affordable policy? Elephant offered liability only coverage for as low as $23 a month.

What will your car insurance price be? Enter your ZIP code below to get a variety of personalized quotes for free.

2006 Ford Five Hundred Car Insurance

On average, drivers who own a 2006 Ford Five Hundred can expect to pay $80 to $144 monthly for liability only and full coverage auto insurance, respectively.

Elephant has costs as cheap as $19 per month for the 2006 Ford Five Hundred.

If you want to know just how much your cost will be, just enter your ZIP code below and get several free quotes in minutes.

2005 Ford Five Hundred Car Insurance

You can expect full coverage for a 2005 Five Hundred to run around $129 a month, while liability only coverage will average about $86 monthly.

Liberty Mutual offered the lowest policy we found, with rates sometimes as low as $20 per month.

If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get free quotes in minutes.

Ford Five Hundred Insurance FAQs

Is a Ford Five Hundred expensive to insure?

Liability insurance runs an average of $85 monthly, while full coverage will cost you around $140. It costs less to insure a Ford Five Hundred when compared to the average car.

How can I get the best price on car insurance for my Ford Five Hundred?

There's only one way to guarantee you're getting the most affordable rates -- regularly shopping around and getting quotes. Over time, your driver profile changes, so it's a good rule of thumb to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare premiums from an array of carriers at once, meaning you can find the cheapest rates (or guarantee you already have the best deal) for free.

Does the color of my Ford Five Hundred affect my insurance prices?

You've probably heard the old adage that red cars cost more to insure, but that's simply not true. Even though there are lots of factors insurance companies think about when they calculate how much your policy will be, your Ford Five Hundred's color is not factored into that equation.

Do I need to have insurance before I buy a Ford Five Hundred?

You'll need to have valid auto insurance for your car before you can legally drive your it off the dealership lot. Some dealerships will offer you one during the purchase process, but the best thing to do when buying a car is to talk with your car insurance carrier ahead of time.

What car insurance discounts can I get for my Ford Five Hundred?

You will find a variety of discounts out there when it comes to auto insurance. Many of them (like "safe driver discounts" and "pay-in-full discounts") are based less on your vehicle and more on you, but if your Five Hundred has safety features like airbags, anti-lock brakes, anti-theft systems, and other features, it may be eligible for certain discounts. You'll only know about which discounts you qualify for if you reach out to your insurance company and ask about their discounts.