If there’s a car that can think for you, the Ford Focus is it. With a keyless entry system and one–touch parking assistance, the Ford Focus features advanced technology that makes driving safer and more convenient. Available in both sedan and hatchback types, the Ford Focus is designed to the consumers’ preferences. Considering its smart features, it is relatively inexpensive with an average price of Php 859,000.
Not all Ford Focus models share the same features, so prices range depending on the model. This, in turn, affects the cost of the insurance premium. Here are 3 factors that will help you understand the intricacies affecting the car insurance cost of the Ford Focus:
Performance Level
The type of car you drive affects your insurance rate. There’s a reason why sports cars cost a lot to insure. They’re more prone to being stolen and users of these cars tend to drive at higher speeds, increasing the risk for accidents. Since the Ford Focus is classified as a sedan or hatchback, insurance costs for it is affordable compared to riskier vehicle types. Between the sedan and the hatchback versions, the latter has a higher insurance premium because of its higher price tag.
See below for more information on the price, insurance cost, and performance level of the Ford Focus:
1.6L Ambiente 6PS (Sedan)
Engine Performance: 1.6L TiVCT 16–valve Duratec I4
Maximum Output: 125/6,000 (ps/rpm)
Maximum Torque: 159/4,000 (Nm/rpm)
Transmission: 6–Speed Powershift Automatic with Select Shift
Selling Price: Php 939,000
Insurance Price: P27,800*
1.6L Ambiente M/T (Sedan)
Engine Performance: 1.6L TiVCT 16–valve Duratec I4
Maximum Output: 125/6,000 (ps/rpm)
Maximum Torque: 159/4,000 (Nm/rpm)
Transmission: 5–Speed Manual
Selling Price: Php 859,000
Insurance Price: P25,600*
Safety Features
Numerous safety features can lower your premium. If you have anti–lock brakes, anti–theft devices, or rearview cameras, you can get a lower premium. With the Ford Focus, not all of its models have the active park assist feature or a speed limiter, so be sure to know the safety and security features of your car when applying for insurance. A car with more safety and security features comes at a more affordable premium because this car type is less prone to risk; thus the less likely the owner will make a claim.
Annual Mileage
If you are planning to insure your Ford Focus, you can get a lower premium with having lesser mileage on your car. This is because if you don’t use your vehicle often, the lesser the opportunities for accidents and risks; thus, you are less prone to making insurance claims.
Protecting Your Ford Focus
The best way to protect your car is by insuring it. Whether from natural disasters or thefts and accidents, having insurance gives you the peace of mind. Your policy will cover you when these events happen and will eliminate the risk of you paying for more. Having insurance can save you a lot in the long run than paying for damages out of pocket. To get an idea of how much insurance for your Ford Focus will cost, take a look at this chart:
Provider 1 | Provider 2 | Provider 3 | |
---|---|---|---|
1.6L Ambiente 6PS (Sedan) | P28,900* | P28,900* | P27,800* |
1.6L Ambiente M/T (Sedan) | P26,700* | P26,700* | P25,600* |
Now that you know what affects the premium on your Ford Focus, you’ll be prepared when you go insurance shopping. If you want to know more about the coverages included in the insurance policies, you can check MoneyMax.ph’s car insurance page or talk to one of our advisors.
Venus is the Head of Editorial Content at Moneymax, with 15+ years of experience in digital marketing, corporate communications, PR, and journalism. She invests in stocks, mutual funds, VUL, and Pag-IBIG MP2. Outside of work, she’s crazy about cats and Korean dramas. Follow Venus on LinkedIn.