The Ford Territory is a popular SUV in the Philippines, known for its spacious interior, advanced features, and stylish design. If you own a Ford Territory, it's important to consider car insurance to protect your vehicle and yourself in the event of an accident. In this article, we'll explore the types of car insurance available for the Ford Territory, the cost of car insurance, the factors that affect insurance rates, how to get the best car insurance rates, and some tips for lowering your car insurance premiums.
What are some of the top car features of the Ford Territory?
The Ford Territory is a midsize SUV that boasts a range of features that make it a popular choice for drivers. Some of the top car features of the Ford Territory include a spacious interior with comfortable seating for up to five passengers, a responsive engine that provides plenty of power and acceleration, and advanced safety features like a rearview camera, blind spot monitoring, and lane departure warning. Other notable features include a touchscreen infotainment system with Apple CarPlay and Android Auto compatibility, a premium audio system, and a panoramic sunroof that provides ample natural light and a great view of the surrounding scenery.
How much does it cost to insure a Ford Territory?
The cost of insuring a Ford Territory can vary depending on a range of factors, such as the driver's age, driving record, location, and the level of coverage they choose. According to some estimates, the average cost of car insurance for a Ford Territory in the Philippines ranges from ₱15,000 to ₱40,000 per year. However, these estimates are just a rough guide, and the actual cost of insurance can be higher or lower depending on the driver's individual circumstances.
What factors affect the cost of car insurance for the Ford Territory?
Several factors can influence the cost of car insurance for a Ford Territory, including the driver's age, driving record, location, and the level of coverage they choose. Younger drivers and those with a poor driving record are generally considered higher risk and may face higher premiums as a result. Additionally, drivers who live in areas with high rates of accidents or car theft may also face higher insurance rates. The level of coverage chosen, such as comprehensive or third-party insurance, can also affect the cost of insurance.
What types of car insurance are available for the Ford Territory?
When it comes to car insurance for your Ford Territory, there are typically two types of coverage: third-party liability insurance and comprehensive insurance. Third-party liability insurance is the minimum requirement for all vehicles in the Philippines. It covers damages and injuries caused to other vehicles, properties, or individuals during an accident that was your fault. However, it doesn't cover damages to your own vehicle or your own injuries. If you're looking for a more comprehensive coverage, then you'll need to consider getting comprehensive insurance.
Comprehensive insurance, on the other hand, covers both third-party liability as well as damages to your own vehicle and your own injuries. It provides coverage for events such as theft, vandalism, natural disasters, and accidents. While comprehensive insurance is more expensive than third-party liability insurance, it can offer more protection and peace of mind in case of an accident.
How can you get the best car insurance rates for your Ford Territory?
To get the best car insurance rates for your Ford Territory, there are a few things you can do:
- Compare quotes from different insurance providers to find the best deal.
- Opt for a higher deductible to lower your premium. A deductible is the amount you agree to pay out of pocket before your insurance kicks in.
- Maintain a good driving record. If you have a clean record, you may be eligible for discounts on your insurance premium.
- Consider bundling your car insurance with other types of insurance, such as home or life insurance, to get a discount.
- Install safety features in your Ford Territory, such as anti-theft devices and airbags, to reduce the risk of accidents and theft. Some insurance providers offer discounts for these features.
What are the differences between comprehensive insurance and third-party insurance for the Ford Territory?
As mentioned earlier, the main difference between comprehensive insurance and third-party insurance is the level of coverage they provide. Third-party insurance only covers damages and injuries caused to other vehicles, properties, or individuals during an accident that was your fault. Comprehensive insurance, on the other hand, covers third-party liability as well as damages to your own vehicle and your own injuries.
In addition, comprehensive insurance also provides coverage for events such as theft, vandalism, natural disasters, and accidents. This means that if your Ford Territory is stolen or damaged in a fire or flood, you can file a claim and receive compensation for the damages. With third-party insurance, you would have to pay for these damages out of pocket.
Can you get car insurance quotes online for the Ford Territory?
Yes, you can get car insurance quotes online for your Ford Territory. There are many insurance comparison websites and online insurance providers that allow you to enter your vehicle details and personal information to get a quote. This can be a convenient way to compare quotes from different insurance providers and find the best deal for your Ford Territory.
One such website is philvex.com, where users can instantly compare car insurance quotes from leading insurance providers in the Philippines and then buy online. This website offers a simple and user-friendly platform to help you find the best car insurance coverage for your Ford Territory.
Philvex allows you to compare car insurance policies from different providers and provides you with the best deals and discounts available in the market. The website also offers an easy-to-use interface that allows you to customize your coverage options and compare quotes from different insurers. Once you have done making customized quotes online for your Ford Territory, you can then submit your purchase application and pay online in just 3 easy steps within minutes!
Based on the updated price list from Philvex.com, as of November 20, 2024, the annual premium of comprehensive insurance of a Ford Territory in the Philippines is ranging from ₱13,669.87 to ₱19,670.56 depending on the model years of your car between 2020 and 2022.
To provide you with the specific premium cost of your car, we have prepared a breakdown of the updated price ranges of each Ford Territory variant together with the year manufactured. We highly encourage you to visit the details of the quotes by clicking the "View Quotes" link so that you can compare and contrast each quote from different insurance providers in the Philippines like Mercantile Insurance and Philippine British Assurance Company. Take note that these prices are subject to change based on the specific coverages you choose to include in your policy.
| Ford Territory Variant | Year | Annual Premium Cost | |
|---|---|---|---|
| 2022 Ford Territory EcoBoost Titanium+ 1500cc Gas A/T FWD Crossover 5-Seater | 2022 | ₱18,332.64 - ₱19,670.56 | View Quotes |
| 2021 Ford Territory EcoBoost Titanium+ 1500cc Gas A/T FWD Crossover 5-Seater | 2021 | ₱15,910.42 - ₱17,044.38 | View Quotes |
| 2020 Ford Territory EcoBoost Titanium+ 1500cc Gas A/T FWD Crossover 5-Seater | 2020 | ₱13,972.64 - ₱14,943.43 | View Quotes |
| 2022 Ford Territory EcoBoost Trend 1500cc Gas A/T FWD Crossover 5-Seater | 2022 | ₱17,969.31 - ₱19,276.63 | View Quotes |
| 2021 Ford Territory EcoBoost Trend 1500cc Gas A/T FWD Crossover 5-Seater | 2021 | ₱15,668.20 - ₱16,781.75 | View Quotes |
| 2020 Ford Territory EcoBoost Trend 1500cc Gas A/T FWD Crossover 5-Seater | 2020 | ₱13,669.87 - ₱14,615.15 | View Quotes |
If your car's model year is before 2020, we encourage you to submit a request for quotation so that insurance providers can offer you customized quotes tailored to your specific needs and circumstances.
What are some tips for lowering your Ford Territory car insurance premiums?
Here are some tips for lowering your Ford Territory car insurance premiums:
- Increase your deductible: A deductible is the amount you pay out of pocket before your insurance coverage kicks in. By increasing your deductible, you can lower your monthly premiums. Just be sure to choose a deductible that you can afford to pay if you need to file a claim.
- Install safety features: Adding safety features such as airbags, anti-lock brakes, and a backup camera can reduce the risk of accidents and theft, which can lower your insurance premiums.
- Maintain a good driving record: Insurance companies view drivers with clean driving records as less risky and may offer lower rates. Make sure to follow traffic rules and avoid accidents or traffic violations.
- Bundle your insurance policies: If you have other insurance policies such as homeowner's insurance or life insurance, consider bundling them with your car insurance. This can often result in a lower overall premium.
- Shop around for the best rates: Don't settle for the first car insurance policy you find. Shop around and compare quotes from different insurance providers to find the best deal for your Ford Territory.
In conclusion, car insurance is a must-have for any car owner, including Ford Territory owners. The cost of car insurance for a Ford Territory can vary depending on several factors, including car features, driving history, and location. To get the best rates, it's essential to understand the different types of car insurance available and shop around for the best policy. By following these tips, you can lower your insurance premiums and enjoy the peace of mind that comes with having reliable car insurance coverage.
