How Much Does 1993 Ford Thunderbird Car Insurance Cost?

Looking for the cheapest auto insurance rates for your Ford Thunderbird? Are you drained from not being able to afford to pay auto insurance each month? You’re in the same situation as most other consumers. Popular companies such as Geico, Progressive and Allstate increase brand awareness with catchy ads and it is difficult to see past the geckos and flying pigs and effectively compare rates to find the best deal.

It’s important to compare rates quite often because rates trend upward over time. Even if you think you had the best premium rates on Thunderbird insurance a few years ago you can probably find a lower rate today. Ignore everything you know about auto insurance because we’re going to show you one of the quickest ways to save on auto insurance.

Take advantage of every auto insurance discount

Auto insurance is easily one of your largest bills, but there’s a good chance there are discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time you complete a quote, but occassionally some discounts must be asked for prior to receiving the credit.

• Distant Student Discount – Children who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle can receive lower rates.
• Seat Belt Usage – Requiring all passengers to buckle their seat belts may be able to save a few bucks off the medical payments premium.
• Discount for Life Insurance – If the company offers life insurance, you could get a small discount if you purchase some life insurance too.
• E-sign – Some insurance companies provide a small discount for buying your policy digitally online.
• Payment Discounts – By making one initial payment instead of monthly or quarterly installments you could save up to 5%.

Don’t be surprised that most credits do not apply to the entire cost. Some only reduce individual premiums such as comp or med pay. Even though it appears you can get free auto insurance, nobody gets a free ride.

Popular auto insurance companies and some of the premium reductions they offer are detailed below.

• State Farm may include discounts for defensive driving training, Drive Safe & Save, passive restraint, multiple autos, accident-free, anti-theft, and driver’s education.
• Geico discounts include multi-policy, military active duty, membership and employees, defensive driver, and emergency military deployment.
• Liberty Mutual offers discounts for new move discount, hybrid vehicle, newly retired, preferred payment discount, exclusive group savings, new vehicle discount, and teen driver discount.
• The Hartford policyholders can earn discounts including air bag, vehicle fuel type, bundle, good student, anti-theft, and defensive driver.
• MetLife offers discounts including defensive driver, good student, good driver, accident-free, multi-policy, claim-free
• Progressive has savings for good student, online signing, multi-vehicle, continuous coverage, and online quote discount.

When quoting, ask all companies you are considering what discounts are available to you. Discounts may not apply in your state.

How to find low cost auto insurance

There are multiple methods to shop for auto insurance, but there is one way that is less time-consuming than others. You can waste a lot of time talking to agents in your area, or you could save time and use online quotes to accomplish the same thing much quicker.

Many popular insurance companies belong to a marketplace that enables customers to submit their information once, and at least one company can provide price quotes determined by their information. This prevents consumers from doing quote requests for each company you want a rate for.

To find out what other companies charge click here to open in new window.

The one disadvantage to using this type of system is you can’t choose which insurance companies to get quotes from. If you wish to select individual companies for rate comparison, we have a page of low cost auto insurance companies in your area. Click here to view list.

Take whichever approach you prefer, but compare identical coverage limits and deductibles for every quote you compare. If the quotes have different liability limits you can’t possibly decipher which rate is best.

How to know if you need help

When choosing proper insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is unique so this has to be addressed. These are some specific questions might help in determining whether you might need an agent’s assistance.

• Am I covered when driving in Canada or Mexico?
• What is medical payments coverage?
• Am I covered by my spouse’s policy after a separation?
• When should I drop full coverage on my 1993 Ford Thunderbird?
• Do I have coverage if my license is suspended?
• Do I need special endorsements for business use of my vehicle?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance policy specifics

Understanding the coverages of auto insurance can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages available from auto insurance companies.

Liability coverages

Liability insurance can cover damage or injury you incur to people or other property by causing an accident. It protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for claims like medical expenses, court costs, structural damage, medical services and legal defense fees. How much coverage you buy is a personal decision, but you should buy as much as you can afford.

Coverage for collisions

This coverage will pay to fix damage to your Thunderbird caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like hitting a mailbox, colliding with a tree and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things like vandalism, fire damage, hitting a deer and falling objects. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for bills such as X-ray expenses, doctor visits and rehabilitation expenses. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Ford Thunderbird.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Compare but don’t skimp

In this article, we covered many ideas to save on 1993 Ford Thunderbird insurance. It’s most important to understand that the more quotes you get, the better your chances of lowering your car insurance rates. You may even discover the lowest rates come from a lesser-known regional company. These smaller insurers may have significantly lower car insurance rates on certain market segments than the large multi-state companies such as Geico and State Farm.

When buying insurance coverage, do not buy lower coverage limits just to save a few bucks. There have been many cases where an accident victim reduced uninsured motorist or liability limits and learned later that the savings was not a smart move. The goal is to buy the best coverage you can find at an affordable rate, but don’t skip important coverages to save money.

Budget-friendly insurance coverage can be bought on the web in addition to local insurance agencies, so you should compare both to have the best rate selection. A few companies do not offer rate quotes online and usually these regional insurance providers work with independent agents.

Additional detailed information can be found by following these links:

• Distracted Driving Extends Beyond Texting (State Farm)
• Neck Injury FAQ (iihs.org)
• Cellphones, Texting and Driving (iihs.org)
• Senior Drivers (Insurance Information Insitute)