Scraping up a payment for pricey Ford Taurus insurance can sap your funds and maybe even restrict other spending. Doing a price comparison can help to lower your monthly bill.
Popular companies such as GEICO, Farmers Insurance and State Farm constantly blast consumers with fancy advertisements and consumers find it hard to avoid their marketing magic and find the best price available.
You should take the time to check insurance coverage prices at least once a year since insurance prices are variable and change quite frequently. Even if you got the lowest price for Taurus insurance at your last renewal there may be better deals available now. Block out anything you think you know about insurance coverage because I’m going to let you in on the secrets to the proper way to find great coverage at a great price.
Cutting your car insurance rates is actually easier than you may think. You just need to spend a little time comparing price quotes provided by online insurance companies. This is very easy and can be done using one of these methods.
The most recommended method to find low rates is a comparison rater form (click to open form in new window). This type of form saves time by eliminating repetitive form submissions for every company. One quote request gets you coverage quotes direct from many companies.
A more time consuming way to obtain and compare quotes online requires a visit to each individual company website and get a separate price quote. For example, we’ll assume you want to see prices from Nationwide, Liberty Mutual and Allstate. In order to compare rates, you need to visit each site and repeatedly type in your coverage information, which can get rather old. For a list of companies in your area, click here.
Take whichever approach you prefer, but do your best to use the same information for each quote you get. If your comparisons have different coverage information it will be next to impossible to determine the lowest rate for your Ford Taurus.
Car insurance is expensive, but you may find discounts that you may not know about. Many discounts should be triggered when you purchase, but some need to be specifically requested before they will apply. If you’re not getting every credit available, you’re paying more than you need to.
Remember that some of the credits will not apply the the whole policy. Most cut specific coverage prices like comp or med pay. So even though you would think you could get a free car insurance policy, insurance companies wouldn’t stay in business.
If you would like to choose from a list of providers who offer car insurance discounts, follow this link.
When buying adequate coverage, there really is not a cookie cutter policy. Each situation is unique so your insurance should reflect that For instance, these questions might help in determining if your insurance needs might need an agent’s assistance.
If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.
Consumers get pounded daily by advertisements that claim the cheapest rates by State Farm, GEICO and Progressive. They all seem to convey the message that drivers can save some big amount if you change your coverage to them.
But how can every company charge less that you’re paying now? This is the way they can do it.
Insurance companies are able to cherry pick for the driver that will generate a profit. A good example of this type of driver should be between 25 and 40, has other policies, and has great credit. A driver that fits those parameters will qualify for the lowest rates and will probably save a lot if they switch.
People who cannot meet this stringent profile may receive higher rates which translates to the customer not buying. If you listen to the ad wording, they say “people that switch” not “everybody who quotes” save that kind of money. That is how insurance companies can advertise the way they do.
This illustrates why it’s extremely important to compare price quotes frequently. It’s not possible to predict which insurance companies will have better car insurance rates than you’re paying now.
Understanding the coverages of car insurance can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages found on most car insurance policies.
Coverage for liability – Liability coverage can cover damages or injuries you inflict on a person or their property in an accident. It protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which provides one coverage limit without having the split limit caps.
Liability coverage protects against claims such as bail bonds, attorney fees and structural damage. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.
Coverage for medical payments – Med pay and PIP coverage reimburse you for short-term medical expenses like X-ray expenses, rehabilitation expenses, EMT expenses, dental work and doctor visits. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
Uninsured and underinsured coverage – This provides protection when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family and damage to your 1996 Ford Taurus.
Because many people only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.
Comprehensive coverages – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as fire damage, a tree branch falling on your vehicle, rock chips in glass and hitting a deer. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
Collision coverage – Collision coverage pays for damage to your Taurus from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against claims such as sideswiping another vehicle, driving through your garage door, hitting a parking meter and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.
We’ve covered quite a bit of information on how to compare 1996 Ford Taurus insurance car insurance rates online. The key concept to understand is the more you quote auto insurance, the better likelihood of getting cheap auto insurance. You may be surprised to find that the most savings is with the least-expected company. They may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm and Allstate.
When shopping online for auto insurance, don’t be tempted to buy lower coverage limits just to save a few bucks. There have been many situations where consumers will sacrifice physical damage coverage and learned later that a couple dollars of savings turned into a financial nightmare. The proper strategy is to buy the best coverage you can find at the best possible price, not the least amount of coverage.
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