Save on 1995 Mercury Cougar Car Insurance Cost

Trying to find better car insurance rates? Buyers have a choice when searching for the best price on Mercury Cougar insurance. You can either waste hours struggling with agents to get rate comparisons or use the internet to get rate quotes. There are both good and bad ways to buy car insurance so we’re going to tell you the best way to get price quotes for a Mercury and find the cheapest rates either online or from local insurance agents.

If you have a current insurance coverage policy or need new coverage, you can follow these tips to find the best rates and still get good coverage. The purpose of this post is to instruct you on how car insurance quotes work. Drivers just need to understand the proper methods to compare company rates online.

The fastest way that we advise to compare insurance rates in your area takes advantage of the fact auto insurance companies allow for online access to compare rate quotes. To start a quote, the only thing you need to do is give them rating details such as your credit rating estimate, if the vehicle is leased, distance driven, and if a SR-22 is needed. Your rating data is automatically sent to all major companies and you get price estimates with very little delay.

Buyer beware of insurance advertising tricks

Drivers can’t avoid all the ads that promise big savings for switching by companies like State Farm and Allstate. All the companies convey the message that you’ll save big if you switch your insurance coverage to their company.

How does every insurance company cost less than your current company? It’s all in the wording.

Insurance companies provide the lowest rates for the type of customer that will be a good risk. An example of a preferred risk might have to be a female over age 40, owns a home, and does not commute to work. Any new insured who matches that profile will probably get the lowest car insurance rates and most likely will cut their rates if they switch.

Potential customers who cannot meet those standards will probably be forced to pay higher prices and this results in business not being written. The trick is to say “drivers who switch” not “everyone who quotes” can save as much as they claim. This is how insurance companies can make the claims of big savings. Because every company is different, you really need to get price quotes at each policy renewal. You cannot predict with any certainty which company will be your best fit.

These discounts can lower your auto insurance rates

Car insurance can cost a lot, but you can get discounts to help bring down the price. Larger premium reductions will be automatically applied at the time of quoting, but some must be asked for in order for you to get them.

• Accident Waiver – This one is not really a discount per se, but some insurance companies will forgive one accident before they charge you more for coverage if your claims history is clear prior to the accident.
• Smart Student Discounts – Performing well in school may save you up to 25%. The good student discount can last until age 25.
• Low Miles Discount – Low mileage vehicles could qualify for better prices on cars that stay parked.
• Defensive Driver – Completing a course in driver safety can save you 5% or more depending on where you live.
• Discount for Swiching Early – Some auto insurance companies give discounts for buying a policy prior to your current policy expiring. Ten percent is about the average savings.
• Multiple Policy Discount – When you combine your home and auto insurance with one company you may save 10% to 20% off each policy.
• Multiple Vehicles – Buying insurance for primary and secondary vehicles on a single policy can reduce the rates for all insured vehicles.
• Theft Deterent – Vehicles that have factory alarm systems and tracking devices help deter theft and earn discounts up to 10% off your insurance coverage quote.
• Employee of Federal Government – Simply working for the federal government could qualify for a slight premium decrease on Cougar coverage with select insurance companies.

A little disclaimer on discounts, most discounts do not apply to the entire policy premium. Most cut the price of certain insurance coverages like comp or med pay. Even though it appears it’s possible to get free car insurance, auto insurance companies aren’t that generous.

A few popular companies and a summarized list of policyholder discounts can be read below.

• American Family includes discounts for defensive driver, TimeAway discount, good driver, air bags, multi-vehicle, Steer into Savings, and bundled insurance.
• Farm Bureau has discounts for youthful driver, multi-policy, driver training, 55 and retired, and renewal discount.
• State Farm may have discounts that include Drive Safe & Save, anti-theft, defensive driving training, good student, passive restraint, multiple autos, and accident-free.
• Travelers has savings for hybrid/electric vehicle, save driver, student away at school, driver training, and multi-policy.
• The Hartford may offer discounts for driver training, bundle, defensive driver, anti-theft, and air bag.
• Geico discounts include anti-lock brakes, emergency military deployment, five-year accident-free, multi-policy, and driver training.
• Progressive offers discounts for online quote discount, good student, online signing, multi-vehicle, continuous coverage, and multi-policy.

Before buying, ask all the companies which credits you are entitled to. Discounts might not apply everywhere. If you would like to view insurers that offer discounts, click this link.

Different people need different insurance coverages

When choosing proper insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different.

For example, these questions may help highlight if your insurance needs would benefit from professional advice.

• Am I covered if I hit a deer?
• Am I better off with higher deductibles on my 1995 Mercury Cougar?
• How much can I save by bundling my policies?
• What are the financial responsibility laws in my state?
• What is roadside assistance coverage?
• Is my Mercury Cougar covered if I use it for business?
• Do I need PIP (personal injury protection) coverage in my state?
• Is my nanny covered when driving my vehicle?
• When does my teenage driver need to be added to my policy?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form. It only takes a few minutes and you can get the answers you need.

The coverage is in the details

Having a good grasp of your car insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Comprehensive insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims like a broken windshield, damage from flooding, a tree branch falling on your vehicle, hail damage and fire damage. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Mercury Cougar.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Coverage for collisions

This coverage will pay to fix damage to your Cougar resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a ditch, driving through your garage door and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for bills for nursing services, rehabilitation expenses, chiropractic care and ambulance fees. They are utilized in addition to your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Liability coverages

This protects you from damage that occurs to a person or their property. It protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things like loss of income, court costs, medical expenses and funeral expenses. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.

Final thoughts

Consumers switch companies for a number of reasons such as policy cancellation, unfair underwriting practices, questionable increases in premium or not issuing a premium refund. Regardless of your reason, finding a great new company is pretty simple and you could end up saving a buck or two.

Lower-priced 1995 Mercury Cougar insurance can be purchased from both online companies and from local insurance agents, so get free insurance coverage quotes from both of them so you have a total pricing picture. There are still a few companies who may not offer online rate quotes and most of the time these small insurance companies provide coverage only through independent agencies.

When searching for cheaper insurance coverage quotes, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to purchase plenty of coverage at the best possible price while still protecting your assets.

Additional detailed information is located at these sites:

• Tools for Teen Driving Safety (State Farm)
• Your Car has been Stolen: Now What? (Allstate)
• Property Damage Coverage (Liberty Mutual)
• Teen Driving Statistics (Geico)
• Drunk Driving Statistics (Insurance Information Insitute)