Compare the Cost of Ford Escape Insurance by Model Year and Company
Compare Rates and Save on Car Insurance
By, Content Director
Ford Escape drivers pay different rates for auto insurance based on their ages.
For instance, the average annual cost of $5,248 is to insure a 16-year-old driver with a 2009 Ford Escape and full coverage. But a 40-year-old driver with the same SUV model year and coverage pays roughly $1,128 per year. The average annual cost of a 2022 Ford Escape is $6,348 for a 16-year-old, while it is $1,404 for a 40-year-old.
MoneyGeek knows that affordability is important, but you also want a car insurer that handles claims well and provides good customer service. That’s why we also found insurers that balance affordability with a good service and claims experience.
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Average Cost and Cheapest Companies for Insuring a Ford Escape
The average annual full coverage car insurance cost for a Ford Escape is $1,287. However, the company you choose will affect your policy premium.
We found that State Farm offers the cheapest car insurance, charging an average of $1,028 per year for full coverage, while Farmers is the most expensive insurer, with an average annual cost of $1,437.
State Farm is also the average cheapest for a state-minimum policy with a Ford Escape, at $475 yearly, while Farmers is the most at $706 per year.
Is a Ford Escape Expensive to Insure?
Several factors influence the cost of car insurance for a Ford Escape. One is its low MSRP — in 2022, it was $29,755. That means replacing this SUV is not expensive, which insurers consider when calculating a policy’s premium. The Ford Escape also has a low theft occurrence, another positive that keeps car insurance costs lower.
Best Companies for Insuring a Ford Escape
Several factors should generally influence your decision when purchasing the best car insurance for a Ford Escape: cost, the quality of service a company provides and its claims handling.
We found that these companies offer the best Ford Escape insurance:
- State Farm: MoneyGeek score of 90 out of 100 ($1,028 per year)
- GEICO: MoneyGeek score of 89 out of 100 ($1,065 per year)
State Farm ranked the highest for affordability and second highest for customer satisfaction.
MoneyGeek Top Pick: State Farm
Cheapest full coverage policy for a Ford Escape
Ranked second for customer satisfaction
Has roadside assistance and rental car and travel reimbursement coverage
Does not rank well for claims handling
No gap insurance or accident forgiveness
State Farm may not have many add-on coverages available, but it has the lowest full coverage insurance for a Ford Escape. It also ranks well in customer satisfaction, showing it receives fewer customer complaints than other companies.
You can get common add-on coverages like rental car and travel reimbursement and roadside assistance with State Farm. The rental car and travel reimbursement coverage pays for rental car costs up to policy limits in a covered claim and may cover up to $500 in travel-related expenses and up to $500 of your deductible if you get into an accident in a rental car.
With roadside assistance coverage, you get towing, mechanical labor, oil or gas delivery, tire changes and more. This coverage can help you get back on the road if you are stranded due to your Ford Escape breaking down.
MoneyGeek Runner-Up: GEICO
Ranked second for affordability with a Ford Escape
Ranked third for customer satisfaction
Offers mechanical breakdown insurance (MBI)
Poor score for claims handling
No gap insurance
MoneyGeek found GEICO is the second-best option to insure a Ford Escape. The company scores very well for affordability and has good customer satisfaction. There aren’t many add-on coverage options with GEICO, but with a newer Ford Escape, you can get mechanical breakdown insurance (MBI).
MBI will significantly benefit you when your Ford Escape has any mechanical problems since it covers the repair costs of all parts and systems, making it better than a typical dealer’s extended warranty. It is available for vehicles under 15 months old with less than 15,000 miles.
Other add-on coverages, like roadside assistance and accident forgiveness, are also available. The roadside assistance coverage helps with flat tires, towing and other related services in case your Ford Escape breaks down.
Accident forgiveness helps you avoid a higher premium after your first at-fault accident. You can purchase it or earn it with GEICO. It is available in most states.
Cost of Insuring a Ford Escape by Model Year
The average annual car insurance premium for a 2009 Ford Escape is $1,128 with full coverage, while the cost is $1,404 annually for a 2022 Ford Escape.
Since a car's value depreciates over time, newer models are generally more expensive to insure. As a Ford Escape model year ages, the cost of insurance should go down.
The insurance premium will depend on the insurer and Ford Escape model year.
State Farm offers the cheapest average full coverage auto policy for a 2009 Ford Escape, charging around $864 annually. But GEICO charges the most affordable rate for a 2022 Ford Escape, offering a full coverage policy at an average cost of $1,175 annually.
Cost of Insuring a Ford Escape for 16- to 25-Year-Olds
Insurers generally charge much more expensive rates to insure drivers in their teens and early 20s than 30-year-olds and older adults.
The average cost of full coverage car insurance for a 16-year-old driver with a Ford Escape is $5,737 annually. For a 40-year-old driver, the same policy costs only $1,252 on average per year.
Teen car insurance generally decreases each year and becomes steady when drivers are in their 20s.
The most affordable way to insure a teen driver is by adding them to a parent’s policy. And in most cases, teens under 18 can only get car insurance legally if they have a parent or guardian to co-sign the policy.
MoneyGeek found that if a 16-year-old gets an individual policy for a 2022 model, State Farm provides the most affordable full coverage for a Ford Escape at around $3,782 annually. Whereas Farmers charges the most expensive rate at an average cost of $8,348 per year.
You can find the best car insurance for a teen driver by shopping around and comparing quotes from multiple companies.
How Does Location Affect the Cost of Ford Escape Insurance?
Although your Ford Escape’s model year and trim and your age affect your insurance premium, your location may have an even more significant effect.
Our analysis shows that car insurance is generally the cheapest in Idaho, while insurers charge the highest rates in New York. We recommend getting a quote from your state’s average cheapest insurance companies before buying a policy to select the best for your budget and other needs.
Frequently Asked Questions About Ford Escape Insurance
The following answers to frequently asked questions about Ford Escape car insurance will help you understand essential details about policy cost and service quality.
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