How Much Does 1994 Mercury Topaz Car Insurance Cost?

Trying to find the cheapest car insurance rates for your Mercury Topaz? Searching for the cheapest insurance for a new or used Mercury Topaz can normally be an all-consuming task, but you can learn our car insurance buying tips to find lower rates.

There are both good and bad ways to find car insurance online so we’re going to tell you the proper way to price shop coverage for your Mercury and locate the lowest price either online or from local insurance agents.

It’s a great practice to take a look at other company’s rates before your next renewal because prices go up and down regularly. Even if you got the best deal on Topaz coverage a few years ago the chances are good that you can find a lower rate quote today. There is lot of inaccurate information about car insurance on the internet, but by reading this article, you’re going to learn some great ideas on how to buy car insurance cheaper.

How to lower your insurance costs

Smart consumers have a good feel for a few of the rating criteria that play a part in calculating car insurance rates. When you know what positively or negatively determines base rates, this enables you to make decisions that may reward you with lower premium levels.

The list below includes most of the major factors companies use to determine premiums.

• Raise your comp and collision deductibles for better rates – The deductibles you choose define how much you are willing to pay if the claim is covered. Physical damage insurance, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some coverage claims are collision with another vehicle, fire damage, and having a roll-over accident. The larger the amount the insured has to pay upfront, the better rate you will receive on Topaz coverage.
• Your job and car insurance rates – Careers like military personnelairline pilots and accountants are shown to have higher rates than the rest of us attributed to stressful work requirements and extremely grueling work hours. On the other hand, occupations such as professors, students and the unemployed have the lowest average rates on Topaz coverage.
• Rates may be higher where you live – Residing in less populated areas may provide you with better prices when shopping for auto insurance. Urban drivers regularly have more traffic problems and more severe claims. Less people living in that area translates into fewer accident claims and lower theft and vandalism rates.
• Vehicle theft costs us all – Choosing a vehicle with a theft deterrent system can help lower your premiums. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all help stop vehicle theft.
• Frequent car insurance claims will cost you – Companies award the best rates to policyholders who do not file claims often. If you are the type of insured that files lots of claims you can look forward to either a policy non-renewal or much higher rates. Your insurance policy is designed for larger claims.
• Experienced drivers pay less – Mature drivers tend to be more responsible, cost insurance companies less in claims and are safer drivers.Teenage drivers are known to get distracted easily behind the wheel so car insurance rates are higher.
• Does insurance coverage cost less for females? – Statistics have proven that females tend to be a little less risky than males. Now that doesn’t mean women are BETTER drivers than men. Males and females have at-fault accidents in similar numbers, but the men tend to have higher claims. Men also statistically have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly.
• Responsible drivers pay less – A bad driving record has a big impact on rates. Drivers with clean records pay lower auto insurance prices as compared to those with violations. Getting just one driving citation can increase rates by as much as thirty percent. Drivers who have received flagrant violations like hit and run, DWI or reckless driving convictions may find that they have to to submit a SR-22 form with their state DMV in order to legally drive.

How to compare auto insurance price quotes

Most of the larger companies allow consumers to get price estimates from their websites. Doing online quotes is possible for anyone because you just enter your coverage information as requested by the quote form. Upon sending the form, their quoting system requests your driving record and credit report and gives you a price quote based on these factors.

Online quotes makes it a lot easier to compare rates but having to visit a lot of sites and fill out multiple forms gets old quite quickly. But it’s absolutely necessary to compare as many rates as possible in order to find better prices.

There is an easier way!

A less time-consuming method to lower your rates utilizes a single form to return rates from several companies at one time. It’s a real time-saver, eliminates repetitive work, and makes online price comparison much simpler. After sending your information, it gets priced and you can select any one of the quotes that you receive.

If you find a better price it’s easy to complete the application and purchase the new policy. It just takes a couple of minutes and can result in significant savings.

To save time and compare rates now, click here to open in a new tab and submit the form. To compare your current rates, we recommend you copy the coverages identical to your current policy. This way, you’re receiving an apples-to-apples comparison for similar insurance coverage.

Drivers who switch save $446 a year? Really?

Consumers can’t escape the ads for cheaper auto insurance from the likes of Allstate, Geico and Progressive. They all seem to try to convey promises about saving some big amount if you move your policy.

Is it even possible that every company can give you a better price? Here is how they do it.

Insurance providers have specific characteristics for the type of driver that will be a good risk. For example, a desirable insured could possibly be a married female, has no prior claims, and drives less than 7,500 miles a year. Any driver that matches those criteria receive the lowest rate quotes and is almost guaranteed to save a lot if they switch.

Consumers who may not quite match these stringent criteria will get a more expensive rate and ends up with the driver buying from a lower-cost company. Company advertisements say “customers that switch” not “everyone who quotes” save the amount stated. That’s the way insurance companies can confidently advertise the way they do.

This illustrates why you really need to compare rate quotes every year. It’s just too difficult to predict with any certainty which company will provide the lowest rates.

Use discounts on insurance

Car insurance companies don’t necessarily list all possible discounts in an easy-to-find place, so the next list breaks down a few of the more well known in addition to some of the lesser obvious credits available to you. If you are not receiving all the discounts available, you are throwing money away.

• Discounts for New Vehicles – Buying insurance coverage on a new vehicle can cost up to 25% less because new vehicles keep occupants safer.
• Renewal Discounts – Some companies provide a discount for renewing your policy before your current coverage expires. It can save you around 10%.
• No Claim Discounts – Good drivers with no accidents have much lower rates in comparison with policyholders that have many claims.
• Multi-policy Discount – When you combine your home and auto insurance with one insurance company you may earn up to 20% off your total premium.
• Waiver for an Accident – Not a discount per se, but a few companies such as Allstate and Geico will allow you to have one accident without raising rates so long as you haven’t had any claims prior to being involved in the accident.
• Distant Student – Older children who are enrolled in higher education away from home and do not take a car to college may be insured at a cheaper rate.
• Government Employees – Being employed by or retired from a federal job may reduce rates when you quote insurance coverage on Topaz coverage with some insurance companies.
• Club Memberships – Joining qualifying employment or professional organizations is a simple method to lower premiums when shopping for insurance.
• Telematics Discount – People who choose to allow driving data collection to spy on driving manner through the use of a telematics system such as State Farm’s In-Drive might see lower rates as long as the data is positive.

Remember that some credits don’t apply to the entire cost. Most only cut the cost of specific coverages such as liability and collision coverage. Despite the appearance that you can get free auto insurance, insurance companies wouldn’t stay in business.

Auto insurance companies that possibly offer many of the previously listed discounts are:

• Geico
• MetLife
• State Farm
• Progressive
• Mercury Insurance
• 21st Century
• Allstate

If you are trying to find low cost insurance coverage quotes, ask each company or agent which discounts they offer. Depending on the company, some discounts may not apply to policies in every state. To choose insurance companies with the best insurance discounts, click here.

Tailor your auto insurance coverage to you

When it comes to buying adequate coverage, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions could help you determine if your situation may require specific advice.

• Do I pay less if my vehicle is kept in my garage?
• Do all my vehicles need collision coverage?
• How can I force my company to pay a claim?
• Am I getting all the discounts available?
• How can I get high-risk coverage after a DUI?
• Does my insurance cover a custom paint job?
• I have good health insurance, so how much medical payments coverage do I need?
• Does medical payments coverage apply to all occupants?
• Do I need added coverage for expensive stereo equipment?
• Do I need medical payments coverage since I have good health insurance?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and may give you better protection.

Specifics of your insurance policy

Understanding the coverages of a insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for things like surgery, pain medications, nursing services, ambulance fees and chiropractic care. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Uninsured and underinsured coverage – This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Mercury Topaz.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Collision coverages – This will pay to fix damage to your Topaz resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like rolling your car, driving through your garage door, sideswiping another vehicle and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Comprehensive coverages – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like vandalism, theft, falling objects, damage from flooding and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability coverage – This provides protection from injuries or damage you cause to people or other property that is your fault. This insurance protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use a combined limit which combines the three limits into one amount without having the split limit caps.

Liability can pay for things like bail bonds, medical services, court costs, repair costs for stationary objects and pain and suffering. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

More choices the merrier

Lower-priced car insurance can be bought on the web and from local agencies, and you need to price shop both so you have a total pricing picture. There are still a few companies who do not provide rate quotes online and most of the time these regional insurance providers provide coverage only through independent agencies.

We just showed you a lot of tips how to lower your 1994 Mercury Topaz insurance prices. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers may even find the lowest prices are with a smaller regional carrier.

Consumers who switch companies do it for any number of reasons including being labeled a high risk driver, not issuing a premium refund, policy non-renewal and even delays in responding to claim requests. It doesn’t matter why you want to switch finding a great new company can be pretty painless.

More information can be read at the links below

• Auto Insurance Learning Center (State Farm)
• Auto Crash Statistics (Insurance Information Insitute)
• How Much Auto Coverage do I Need? (Insurance Information Insitute)
• Steps to Take After an Auto Accident (Insurance Information Insitute)