View 2003 Ford Taurus Insurance Quotes

Think you have an overpriced insurance policy? Believe me when I say you’re not alone.

Insurance companies such as State Farm, Farmers Insurance, Geico and Allstate continually hit you with advertising and it can be hard to sift through the bull and find the best price available.

It’s a great practice to get comparison quotes at least once a year because insurance prices go up and down regularly. Just because you had the best quotes for Taurus coverage on your last policy you can probably find a lower rate today. Ignore everything you know about insurance because we’re going to demonstrate the things you must know in order to find the best coverage while lowering your premiums.

If you currently have a car insurance policy, you will be able to cut costs considerably using these methods. Buying car insurance is not that difficult. Nevertheless, drivers must comprehend how the larger insurance companies sell online because it can help you find the best coverage.

Save a ton by taking advantage of discounts

Companies that sell car insurance don’t necessarily list every possible discount in an easy-to-find place, so the following list contains both well-publicized in addition to some of the lesser obvious insurance coverage savings.

• Life Insurance Discount – If the company offers life insurance, you could get a lower premium rate if you buy a life policy as well.
• Professional Memberships – Affiliation with a civic or occupational organization is a simple method to lower premiums when getting a auto insurance quote.
• Home Ownership Discount – Owning a house can help you save on insurance coverage because of the fact that having a home is proof of financial responsibility.
• Switch and Save Discount – Some insurance companies provide a discount for switching to them before your current policy expires. Ten percent is about the average savings.
• Anti-lock Brakes – Cars and trucks that have steering control and anti-lock brakes can reduce accidents so companies give up to a 10% discount.
• Payment Discounts – If you pay your entire premium ahead of time rather than paying in monthly installments you can actually save on your bill.

Consumers should know that most discounts do not apply to your bottom line cost. Some only reduce specific coverage prices like liability and collision coverage. Despite the appearance that having all the discounts means you get insurance for free, you aren’t that lucky.

Some of the larger companies that have some of the above discounts include:

• Geico
• USAA
• Progressive
• American Family
• Esurance
• Farmers Insurance
• State Farm

Before purchasing a policy, check with every insurance company to apply every possible discount. All car insurance discounts may not apply to policies in your area. To view insurance coverage companies offering insurance coverage discounts, click this link.

Ford Taurus insurance premiums can be lower

Many different elements are considered when pricing auto insurance. Some of the criteria are obvious like your driving record, but other criteria are less obvious such as your marital status or how financially stable you are.One of the most helpful ways to save on car insurance is to to have a grasp of the rating factors that are used to determine your car insurance rates. If you know what influences your rates, this enables informed choices that can earn you better car insurance rates.

The following are some of the factors utilized by car insurance companies to help set your rate level.

• How your age affects premiums – More experienced drivers are more responsible, tend to cause fewer accidents and are safer drivers.Drivers with little experience are proven to be more careless behind the wheel so car insurance rates are higher.
• Stay claim-free and save – If you’re an insured who likes to file claims you can expect either higher rates or even cancellation. Insurance companies provide most affordable rates to insureds who do not rely on their insurance for small claims. Insurance coverage is intended for the large, substantial claims.
• Always keep your policy in place – Driving with no insurance is not a good idea and your next policy will cost more because you let your insurance lapse. Not only will you pay higher rates, the inability to provide proof of insurance may earn you a license revocation or jail time.
• Obey driving laws and save – Your driving record has a big impact on rates. Even a single citation can increase the cost of insurance by as much as twenty percent. Drivers with clean records have lower premiums compared to bad drivers. Drivers who have received dangerous violations like reckless driving or DUI may find they need to submit a SR-22 or proof of financial responsibility with their state in order to prevent a license revocation.
• Cheaper rates with high comp and collision deductibles – Deductibles for physical damage tell how much the insured will be required to pay if the claim is covered. Physical damage protection, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some instances where coverage would apply would be colliding with a stationary object, animal collisions, or theft of your vehicle. The more money the insured has to pay upfront, the better rate you will receive for Taurus coverage.
• Small coverages can add up – Insurance companies have many extra coverages that can waste your money if you aren’t diligent. Insurance for personal injury protection, death and dismemberment, and membership fees could be just wasting money. The coverages may be enticing when buying your policy, but if you’ve never needed them in the past remove them and pocket the money.
• Safer vehicles cost less to insure – Cars with five star safety ratings tend to be cheaper to insure. Safe vehicles have better occupant injury protection and lower rates of occupant injuries means lower claim amounts which can result in lower premiums.
• Your career may increase car insurance rates – Did you know your car insurance rates can be affected by your occupation? Jobs like fire fighters, business owners and emergency personnel tend to have higher premium rates because of intense work situations and lots of time spent at work. On the other hand, jobs such as farmers, students and the unemployed receive lower rates for Taurus coverage.

How much insurance coverage do I need?

When it comes to choosing the right insurance coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. Here are some questions about coverages that might help in determining whether you will benefit from professional help.

• Should I have a commercial auto policy?
• Is my state a no-fault state?
• Why do I need rental car insurance?
• Is borrowed equipment or tools covered if stolen or damaged?
• Does coverage extend to a rental car in a foreign country?
• Should I waive the damage coverage when renting a car?
• Do I need roadside assistance coverage?
• Does having multiple vehicles earn me a discount?
• When should my teen driver be added to my policy?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Insurance coverages and their meanings

Having a good grasp of your insurance policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be difficult to understand and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.

Collision protection

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

Collision insurance covers things like scraping a guard rail, damaging your car on a curb, crashing into a ditch, backing into a parked car and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Coverage for liability

Liability insurance provides protection from injuries or damage you cause to a person or their property in an accident. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things such as repair costs for stationary objects, medical expenses, attorney fees, pain and suffering and medical services. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for short-term medical expenses for things like funeral costs, EMT expenses and nursing services. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Taurus.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive auto coverage

This covers damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, theft, a broken windshield and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage on a shoestring budget

In this article, we covered many ways to compare 2003 Ford Taurus insurance prices online. The most important thing to understand is the more companies you get rates for, the higher the chance of saving money. Consumers may even find the lowest prices come from some of the lesser-known companies. They can often provide lower rates in certain areas than the large multi-state companies such as Allstate and Progressive.

As you restructure your insurance plan, never reduce coverage to reduce premium. There are a lot of situations where an insured cut comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to buy a smart amount of coverage for the lowest price while still protecting your assets.

Even more information is available at these sites:

• Child Safety Seats (Insurance Information Insitute)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• How to Avoid Common Accidents (State Farm)
• Collision Coverage (Liberty Mutual)