Cheaper 1997 Ford Taurus Insurance Cost

Locating affordable insurance is rather difficult for drivers not familiar with comparing prices on the internet. With so many insurance agents and online companies available, how are drivers able to even start to compare every company in order to find cheaper insurance rates?

It’s important to do rate comparisons before your next renewal because insurance prices tend to go up over time. Just because you had the best rates on Taurus insurance a few years ago a different company probably has better rate quotes today. You can find a lot of wrong information about insurance out there, but by reading this article, you’re going to learn some great ideas on how to quit paying high insurance rates.

If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Shopping for cheaper coverage is not that difficult. Nevertheless, consumers need to have an understanding of the methods companies use to price insurance differently and take advantage of how the system works.

Insurance Discounts

Auto insurance companies do not advertise every discount very well, so we break down a few of the more common as well as the least known credits that may apply to you.

• Auto/Life Discount – Companies who offer life insurance give lower insurancerates if you buy a life insurance policy as well.
• Active Military Service – Having a deployed family member could qualify you for better prices.
• Air Bags and Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of 20 to 30 percent.
• Safety Restraint Discount – Forcing all vehicle occupants to buckle their seat belts could save 15% on medical payment and PIP coverage.
• New Car Discount – Buying a new car instead of a used car can cost up to 25% less because newer models have to meet stringent safety requirements.
• Professional Organizations – Joining a qualifying organization could qualify you for a break on your next renewal.
• Onboard Data Collection – Insureds who allow driving data submission to study where and when they drive by using a small device installed in their vehicle like Allstate’s Drivewise may get a rate reduction if their driving habits are good.
• No Accidents – Drivers who stay claim-free pay much less when compared to bad drivers.
• Safe Drivers – Safe drivers can save as much as half off their rates on Taurus insurance than drivers with accidents.
• Full Payment Discount – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.

Don’t be surprised that most of the big mark downs will not be given to the entire policy premium. Most only apply to specific coverage prices like comprehensive or collision. Even though it appears all the discounts add up to a free policy, that’s just not realistic. Any qualifying discounts should help lower the cost of your policy.

A list of insurance companies and a selection of discounts are detailed below.

• Progressive has savings for multi-policy, good student, multi-vehicle, online signing, and online quote discount.
• MetLife offers premium reductions for defensive driver, accident-free, multi-policy, claim-free, and good driver.
• Mercury Insurance may include discounts for low natural disaster claims, anti-theft, multi-car, age of vehicle, location of vehicle, and multi-policy.
• Nationwide may have discounts that include family plan, Farm Bureau membership, multi-policy, anti-theft, business or organization, and good student.
• Geico policyholders can earn discounts including emergency military deployment, anti-theft, daytime running lights, multi-policy, and air bags.
• AAA may offer discounts for AAA membership discount, good driver, education and occupation, anti-theft, and pay-in-full.

When getting free insurance quotes, it’s a good idea to each insurance company which discounts you qualify for. All car insurance discounts may not apply to policies in your area. To find providers who offer discounts, follow this link.

How to find low cost auto insurance

Comparing auto insurance rates can be challenging if you aren’t aware of the fastest way to get free quotes. You could spend the better part of a day talking about coverages with local insurance agents in your area, or you can stay home and use the internet for quick rates.

Most major companies participate in an industry program that enables customers to complete one form, and every company can give them a price for coverage. This system prevents you from having to do quote forms for each company. To fill out one form to compare multiple rates now click here to open in new window.

The one downside to doing it this way is that you can’t choose the companies you want to price. If you prefer to choose individual companies for rate comparison, we have assembled a list of the cheapest auto insurance companies in your area. Click to view list.

Take whichever approach you prefer, but try to keep equivalent deductibles and coverage limits on every quote. If you compare different coverage information it’s not possible to find the best deal for your Ford Taurus. Just slight variations in limits could mean much higher rates. And when price shopping your coverage, obtaining a wide range of quotes helps improve the odds of finding better pricing. Some companies don’t provide quotes online, so it’s recommended that you also compare price quotes from those companies as well.

What impacts Ford Taurus insurance costs?

Many different elements are used in the calculation when you get your auto insurance bill. Some are obvious such as traffic violations, but other criteria are more transparent such as your marital status or how financially stable you are.

The items below are a partial list of the pieces companies use to determine your premiums.

• Gender and insurance coverage – Statistics have proven that females tend to be a little less risky than males. This data doesn’t prove that females are better at driving than males. They both tend to get into fender benders in similar percentages, but males cause more damage. Not only are claims higher, but men get higher numbers of serious violations such as reckless driving.
• Increase comp and collision deductibles and save – Insurance for physical damage, also called comprehensive and collision insurance, is used to repair damage to your vehicle. Examples of some claims that would be covered are a broken side mirror, damage from fire, and damage from a fallen tree branch. The deductibles are the amount of money you are required to spend before your car insurance pays a claim. The more damage repair cost you’re willing to pay, the lower your rates will be on Taurus insurance.
• Don’t skimp on liability insurance – Liability coverage will protect you when you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. This coverage is very inexpensive compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
• Accidents will cost you – Having just one ticket could increase your next policy renewal forty percent or more. Attentive drivers pay less for auto insurance than people who have multiple driving citations. Drivers who have gotten careless violations like DUI, reckless driving or excessive speeding may be required to file a SR-22 with the DMV in their state in order to prevent their license from being revoked.
• Insurance companies don’t like frequent policy claims – 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. Companies give cheaper rates to policyholders who do not rely on their insurance for small claims. Auto insurance is designed for claims that you cannot pay yourself.
• Stress out and pay more – Jobs such as military generals, architects and accountants are shown to have higher average rates due to intense work-related stress and lengthy work days. On the flip side, occupations like farmers, students and retirees generally pay rates lower than average on Taurus insurance.
• How do annual miles impact costs? – The more you drive in a year the more you’ll pay to insure it. Most insurance companies charge rates determined by how the vehicle is used. Autos used primarily for pleasure use qualify for better rates than those that get driven frequently. Double check that your car insurance policy reflects the right rating data. An improperly rated Taurus can cost quite a bit.
• Safer the car lower the rate – Vehicles that have high safety ratings are cheaper to insure. Safer cars reduce occupant injuries and fewer injuries means lower claim amounts and cheaper rates on your policy. If your Ford Taurus earned at least four stars on Safercar.gov it may cost less to insure.

Tailor your insurance coverage coverage to you

When buying proper insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Every situation is different.

For example, these questions can help discover whether your personal situation could use an agent’s help.

• Are split liability limits better than a combined single limit?
• Are all vehicle passengers covered by medical payments coverage?
• Can I make deliveries for my home business?
• Do I benefit by insuring my home with the same company?
• Why am I required to buy liability insurance?
• Is my vehicle covered by my employer’s policy when using it for work?
• Should I bundle my homeowners policy with my auto?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form.

Can you really save $471 a year?

Well-known insurance companies like Allstate and Progressive regularly use television and radio advertisements. All the companies convey the message that drivers will save a bundle if you switch your policy. But how can every company save you money? This is how they do it.

Different companies have specific criteria for the type of driver that will generate a profit. For example, a profitable customer could possibly be between the ages of 40 and 55, has no driving citations, and chooses high deductibles. A driver that fits those parameters will probably get cheap rates and will most likely save some money.

Consumers who don’t meet these standards will have to pay higher prices which usually ends up with business not being written. If you pay attention, the ads say “customers that switch” not “everyone that quotes” save that much money. That’s why insurance companies can advertise the savings. This really emphasizes why drivers should get insurance quotes from several different companies. It is just not possible to predict with any certainty which company will provide the lowest car insurance rates.

Coverages available on your auto insurance policy

Knowing the specifics of your auto insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Uninsured or underinsured coverage – This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Ford Taurus.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive protection – This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, rock chips in glass, falling objects, damage from flooding and fire damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision coverage – Collision coverage covers damage to your Taurus resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as hitting a parking meter, crashing into a ditch, scraping a guard rail, rolling your car and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Liability auto insurance – This will cover damages or injuries you inflict on other people or property that is your fault. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things such as attorney fees, loss of income, emergency aid and funeral expenses. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for chiropractic care, doctor visits, EMT expenses and prosthetic devices. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and may carry a deductible

Get your money’s worth

Insureds leave their current company for any number of reasons including denial of a claim, being labeled a high risk driver, delays in responding to claim requests or even delays in paying claims. It doesn’t matter what your reason, finding a great new company can be easy and end up saving you some money.

Lower-priced auto insurance is available on the web and from local agencies, and you should compare price quotes from both to have the best rate selection. Some insurance providers do not provide online rate quotes and most of the time these smaller providers sell through independent agents.

When buying insurance coverage, never reduce needed coverages to save money. There are a lot of situations where drivers have reduced comprehensive coverage or liability limits and learned later that the few dollars in savings costed them thousands. The proper strategy is to buy enough coverage at an affordable rate and still be able to protect your assets.

More learning opportunities

• Liability Insurance Coverage (Nationwide)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Teen Driving and Texting (State Farm)
• Frontal Crash Tests (iihs.org)
• Child Safety FAQ (iihs.org)