Cheap 2001 Mercury Grand Marquis Insurance Cost

Finding better insurance prices for a Mercury Grand Marquis can turn out to be an all-consuming task, but you can learn our car insurance buying tips to make it easier.

There are more efficient ways to buy car insurance and we’ll show you the quickest way to get price quotes for your Mercury and get the lowest possible price from both online companies and local agents.

It’s a good idea to check car insurance prices as often as possible since prices change frequently. If you had the best quotes on Grand Marquis coverage on your last policy you can probably find a better rate now. Block out anything you think you know about car insurance because you’re about to find out the only way to find the best coverage while lowering your premiums.

Discounts for cheaper auto insurance rates

Auto insurance is not cheap nor is it fun to buy but you may be missing some discounts that you may not even be aware of. Certain credits will be shown at the time of quoting, but some may not be applied and must be specifically requested before they will apply.

  • Discount for Passive Restraints – Vehicles with factory air bags or motorized seat belts could see savings of more than 20%.
  • Seat Belts Save – Drivers who always wear seat belts and also require passengers to buckle up may be able to save a few bucks off PIP or medical payments premium.
  • Homeowners Pay Less – Owning your own home or condo may earn you a small savings because owning a home is proof of financial responsibility.
  • Student in College – Youth drivers who live away from home to go to college and do not have access to a covered vehicle can receive lower rates.
  • Discounts for Government Workers – Active or former government employment may qualify for a discount when you quote insurance coverage on Grand Marquis coverage with certain companies.

It’s important to note that many deductions do not apply to the entire policy premium. A few only apply to individual premiums such as collision or personal injury protection. Despite the fact that it seems like having all the discounts means you get insurance for free, you aren’t that lucky. Any qualifying discounts will definitely reduce your policy cost.

To see a list of companies that have a full spectrum of discounts, click here to view.

Why your insurance rates might be higher

Part of the insurance coverage buying process is learning the different types of things that go into determining the price you pay for insurance coverage. When consumers understand what determines base rates, this empowers consumers to make smart changes that may result in lower insurance coverage prices.

The list below includes a few of the things used by your company to calculate rates.

  • Prevent your car from being stolen – Owning a car with anti-theft technology or alarm system can help lower your rates. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop car theft and help bring rates down.
  • Your stress level may be raising your rates – Careers such as doctorspolice officers and financial analysts tend to pay higher rates than the rest of us because of high stress levels and lots of time spent at work. On the other hand, careers such as scientists, engineers and performers have lower than average premiums on Grand Marquis coverage.
  • Safer vehicles cost less to insure – Cars with five star safety ratings tend to have lower insurance rates. Safer cars protect occupants better and lower rates of occupant injuries means your insurance company pays less and cheaper rates on your policy.
  • Raise comp and collision deductibles and save – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Mercury from damage. Some examples of claims that would be covered are a windshield shattered by a rock, flood damage, and rolling your vehicle. Comp and collision deductibles state the amount of money you are required to pay if a covered claim is submitted. The more money you choose to pay out-of-pocket, the better rate you will receive on Grand Marquis coverage.
  • Premiums drop with age – Older drivers have been proven to be more responsible, tend to file fewer claims and get fewer tickets.Beginning drivers are proven to get distracted easily behind the wheel and because of this, their insurance coverage rates are much higher.
  • Male rates may be higher – Statistics have proven that females take fewer risks when driving. However, don’t assume that men are WORSE drivers than women. Males and females tend to get into at-fault accidents at about the same rate, but males have accidents that have higher claims. Men also statistically get more serious tickets like driving under the influence (DUI).
  • Commute or pleasure use – Driving a lot of miles each year the higher the price you pay to insure it. Most companies price each vehicle’s coverage determined by how the vehicle is used. Cars not used for work or commuting receive better premium rates than vehicles that have high annual mileage. Double check that your policy properly reflects the right rating data, because improper ratings can cost you money. Having an incorrect usage rating on your Grand Marquis may be costing you higher rates.
  • Premiums increase with driving tickets – Your driving record has a big impact on rates. Careful drivers get better prices compared to bad drivers. Only having one chargable violation may increase your cost twenty percent or more. Drivers with license-revoking violations like DUI or reckless driving might be required by their state to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to prevent a license revocation.

Tailor your auto insurance coverage to you

When buying the best auto insurance coverage, there really is no best way to insure your cars. Each situation is unique.

For instance, these questions might help in determining if you might need professional guidance.

  • Will my rates increase for filing one claim?
  • Do all my vehicles need collision coverage?
  • Am I covered by my spouse’s policy after a separation?
  • Do I have coverage if my license is suspended?
  • Do I need higher collision deductibles?
  • Is my 2001 Mercury Grand Marquis covered for smoke damage?

If you’re not sure about those questions, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form. It is quick, free and can help protect your family.

Auto insurance coverage information

Knowing the specifics of your policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Comprehensive insurance

This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as vandalism, hitting a deer and damage from flooding. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability auto insurance

Liability insurance provides protection from damage or injury you incur to people or other property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage protects against claims like bail bonds, medical services and court costs. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your 2001 Mercury Grand Marquis.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally these limits do not exceed the liability coverage limits.

Coverage for collisions

Collision insurance covers damage to your Grand Marquis resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like backing into a parked car, scraping a guard rail, hitting a mailbox, rolling your car 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 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for pain medications, chiropractic care, prosthetic devices and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

What is YOUR best insurance company?

Insureds who switch companies do it for a number of reasons such as high prices, being labeled a high risk driver, policy non-renewal or even extreme rates for teen drivers. Regardless of your reason for switching companies, switching companies is pretty simple and you could end up saving a buck or two.

We’ve covered many ideas to save on 2001 Mercury Grand Marquis insurance. The key concept to understand is the more companies you get premium rates for, the better your comparison will be. You may be surprised to find that the most savings is with an unexpected company.

Budget-conscious 2001 Mercury Grand Marquis insurance can be sourced on the web and with local insurance agents, and you need to comparison shop both so you have a total pricing picture. Some insurance companies do not provide the ability to get quotes online and most of the time these smaller companies provide coverage only through independent insurance agents.

More tips and info about insurance can be found by following these links:

Comments About 2001 Mercury Grand Marquis Insurance

  1. Gordon Sutton

    Anyone compare GEICO and State Farm rates in Las Cruces, New Mexico?

  2. Nichole Franklin

    If you have a clean record and are close to Hilo, Hawaii, check out State Farm. You might get cheaper rates. Left AAA to switch.

  3. Vida Stanley

    Will Progressive raise rates after an accident?

  4. Patrina Weiss

    This is too expensive. Proud to be from West Valley City, UT. Quoted with Amica, Nationwide, and some smaller one I can’t remember the name of for my 2001 Mercury Grand Marquis and cut my rates about $100 a year. Insured with AAA before. Book value doesn’t justify full coverage anymore.

  5. Drusilla Higgins

    I found affordable 2001 Mercury Grand Marquis insurance from State Farm in Rio Rancho, New Mexico.

  6. Johanna Miller

    I live east of Gaithersburg, Maryland. Received quotes with Progressive, AAA, and Encompass for my 2001 Mercury Grand Marquis and I think I saved about $20 each month. Good savings if you bundle. I dropped full coverage awhile back.

  7. Dean Glover

    Cheap car insurance? What’s that? Lifelong resident of Paterson, NJ. Quoted with State Farm, AIG Insurance, Encompass, and Hanover for my 2001 Mercury Grand Marquis and I’m now saving $20 a month. Moved home policy as well. My Grand Marquis doesn’t have full coverage.

  8. Shayna Kirby

    In Nashville, Tennessee, American Family had the best rates for my 2001 Mercury Grand Marquis. Was with MetLife. I just carry liability insurance.

  9. Adalberto Bryant

    I’m just south of Fayetteville, AR. Got free quotes online for a 2001 Mercury Grand Marquis. Ended up at about $120 savings annually. Went with State Farm. Ask about discounts. They were helpful in switching over.

  10. Odessa Sanchez

    Lots of useful info here. Located in Concord, New Hampshire. Received quotes with GEICO, AAA, Esurance, and Hartford for my 2001 Mercury Grand Marquis and saved just over $80 a year. I get a discount for insuring multiple vehicles. Not sure if rates are cheaper online or not.

  11. Bari Castillo

    Cheaper car insurance is a myth. I live on the west side of Rapid City, SD. Received quotes with Allstate, Amica, and some I forget for my 2001 Mercury Grand Marquis and I’m now saving $11 a month. Was with Hanover. I’m a pretty low risk driver. Did it all online.

  12. Tegan Michael

    Progressive and State Farm had the best prices I found in Maryland.

  13. Jerald Pickett

    Liked the article. I’m from Kailua, HI. Received rates from Amica, Erie, and Nationwide for my Mercury and saved $65 a year. Was with GEICO. They have a lot of discounts available. Liability only on my Mercury.

  14. Vickey Kennedy

    Great site. From northwest of Great Falls, MT. I got free quotes with 21st Century, AAA, Encompass, and GMAC for my Mercury and cut my rates about $110 a year. Ask about discounts.

  15. Edmund Trevino

    Does Texas require a SR-22 after a DUI?

  16. Mitchell Cote

    From Newark, NJ, and Allstate rates were best. They have a lot of discounts available. I got a quote from their website. Next renewal I’ll just do liability.

  17. Caridad Weiss

    Checking in from Bangor, ME. Got quotes with Allstate, Amica, Encompass, and Hartford for my Mercury and saved $114 a year. Insured with Western Auto Insurance before. I even had a DUI years ago. Not sure about claim service. I don’t have comp or collision coverage.