How Much Does 2005 Ford Thunderbird Car Insurance Cost?

Trying to find better car insurance rates for your Ford Thunderbird? Having to pay for pricey Ford Thunderbird insurance can bleed your savings account and put the squeeze on your family’s finances. Getting a rate comparison is recommended to make sure you’re not throwing money away.

Insurance companies such as State Farm, Allstate, Geico and Progressive all claim big savings with catchy ads and consumers find it hard to ignore the promise of big savings and find the best price available.

If you have a policy now or are just looking to switch companies, you will benefit by learning to get lower rates while maximizing coverage. Choosing the best insurance company for you is easy if you know what you’re doing. Vehicle owners only need to know the proper methods to compare price quotes online.

Discounts to earn affordable car insurance rates

Companies that sell car insurance don’t always advertise every discount in an easy-to-find place, so the list below contains both the well known as well as some of the hidden credits that you can use to lower your rates.

• Membership in Organizations – Being a member of a civic or occupational organization may earn a discount on your policy.
• Defensive Driver Discounts – Completing a defensive driving class could save 5% or more depending on where you live.
• Discount for Life Insurance – Some companies give lower rates if you buy life insurance.
• Telematics Data Discounts – Drivers who elect to allow their insurance company to scrutinize when and where they use their vehicle by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if they exhibit good driving behavior.
• Pay Upfront and Save – By paying your entire bill at once instead of monthly or quarterly installments you can actually save on your bill.
• Multiple Policy Discount – If you insure your home and vehicles with the same company they may give you a discount of up to 20% off your total premium.
• Low Miles Discount – Low annual miles can earn discounted premium rates on garaged vehicles.

Remember that most discount credits are not given to the entire cost. Some only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like you would end up receiving a 100% discount, you’re out of luck.

Larger car insurance companies and a selection of discounts can be read below.

• State Farm offers premium reductions for Drive Safe & Save, accident-free, multiple autos, safe vehicle, defensive driving training, good driver, and student away at school.
• Geico discounts include anti-lock brakes, military active duty, five-year accident-free, anti-theft, seat belt use, and emergency military deployment.
• SAFECO may offer discounts for homeowner, multi-car, drive less, anti-theft, and anti-lock brakes.
• Farmers Insurance policyholders can earn discounts including distant student, teen driver, switch companies, early shopping, and pay in full.
• AAA may have discounts that include good student, anti-theft, AAA membership discount, multi-car, good driver, and multi-policy.
• USAA has discounts for vehicle storage, military installation, multi-policy, loyalty savings, and defensive driver.

If you need lower rates, check with every prospective company which discounts you qualify for. Some discounts may not be offered in your area.

How do insurance companies determine Ford Thunderbird insurance prices?

Lots of things are considered when you get your auto insurance bill. Some are obvious like an MVR report, but some are more obscure such as whether you are married or your vehicle rating.It’s important that you understand some of the elements that help determine the level of your policy premiums. When you understand what influences your rates, this allows you to make educated decisions that can help you get better car insurance rates.

• Policy add-ons add up – There are many extra add-on coverages that you can get tricked into buying if you don’t pay attention. Things like coverage for rental cars, towing, and Farm Bureau memberships are examples of these. They may seem like a good idea at first, but if you don’t need them eliminate the coverages to reduce your premium.
• Consolidate policies to earn discounts – The majority of insurance companies afford better rates to customers who consolidate policies with them, otherwise known as a multi-policy discount. The discount can add up to ten or even up to twenty percent in some cases. Even though this discount sounds good, drivers will still want to compare other company rates to ensure the best deal.
• High credit rating translates to low prices – Having a bad credit score can be an important factor in your rate calculation. If your credit rating is lower than you’d like, you could potentially save money when insuring your 2005 Ford Thunderbird by improving your rating. People that have good credit tend to be more responsible as compared to drivers with poor credit.
• Gender and insurance costs – Over time, data shows that females tend to be a little less risky than males. This data doesn’t prove that females are better drivers. Both genders cause auto accidents in similar percentages, but the men have accidents that have higher claims. They also have more aggressive citations like DUI and reckless driving.
• Employer reflects on car insurance rates – Careers such as fire fighters, architects and miners are shown to have higher premium rates attributed to stressful work requirements and lengthy work days. On the flip side, occupations such as farmers, students and performers have lower than average premiums on Thunderbird coverage.

Tailor your car insurance coverage to you

When buying adequate coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions might point out if your insurance needs might need professional guidance.

• Can I afford to buy a different vehicle if my 2005 Ford Thunderbird is totaled?
• Is my Ford Thunderbird covered if I use it for business?
• How do I file an SR-22 for a DUI in my state?
• Are my tools covered if they get stolen from my vehicle?
• When would I need additional glass coverage?
• Am I covered when delivering products for my home-based business?
• How do I insure my teen driver?
• Can I get a multi-policy discount?
• What is roadside assistance coverage?
• Does liability extend to a camper or trailer?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and may give you better protection.

Specific coverage details

Knowing the specifics of your insurance policy can be of help when determining the right coverages for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverage types available from insurance companies.

Collision coverages – This covers damage to your Thunderbird resulting from a collision 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 protects against claims such as hitting a parking meter, colliding with a tree, sustaining damage from a pot hole and backing into a parked car. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance reimburse you for bills such as ambulance fees, doctor visits, EMT expenses, hospital visits and funeral costs. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Thunderbird.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability coverage – Liability coverage provides protection from damage or injury you incur to people or other property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things like funeral expenses, attorney fees and pain and suffering. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive auto coverage – This covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from flooding, a tree branch falling on your vehicle, damage from getting keyed, hail damage and damage from a tornado or hurricane. 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 removing comprehensive coverage.

Shop smart and save

Affordable 2005 Ford Thunderbird insurance can be bought on the web as well as from insurance agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies do not provide online rate quotes and most of the time these regional insurance providers only sell through independent agencies.

As you shop your coverage around, it’s very important that you do not reduce needed coverages to save money. In many instances, someone dropped liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your objective should be to purchase plenty of coverage for the lowest cost.

For more information, feel free to visit these articles:

• Parking Tips to Reduce Door Dings (State Farm)
• Tread Depth and Tire Safety (State Farm)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• Auto Crash Statistics (Insurance Information Insitute)
• What is a Telematics Device? (Allstate)
• Teen Driving and Texting (State Farm)