How Much Does 2006 Ford Taurus Insurance Cost?

Looking for better car insurance rates? Shoppers have options when shopping for the best price on Ford Taurus insurance. They can either spend hours struggling with agents to compare prices or leverage the internet to get rate quotes. There are both good and bad ways to buy car insurance and we’ll show you the best way to get price quotes for a Ford and get the lowest price either online or from local insurance agents.

How to buy insurance online

Reducing your 2006 Ford Taurus insurance rates is a fairly straight forward process. All that’s required is to take the time to compare free car insurance quotes to see which company has low cost car insurance quotes. This can be done in just a few minutes using one of these methods.

1. Hands down the most simple method consumers can analyze rates is an all-inclusive rate comparison like this one (opens in new window). This type of form prevents you from having to do repetitive form entry for every company. Just one form gets you coverage quotes instantly. Just one form and you’re done.
2. A different way to compare prices requires visiting the website for each individual company to complete a price quote. For sake of this example, let’s say you need rates from Geico, State Farm and Liberty Mutual. To do that, you would have to go to each individual site and enter your information, which is not fast way to get rate quotes.

   For a list of links to companies insuring cars in your area, click here.

The method you choose is up to you, but be sure you’re using nearly identical coverage limits on every quote you get. If your comparisons have different coverage information it will be nearly impossible to make a fair comparison for your Ford Taurus.

Car insurance discounts are available to slash your rates

Some insurers don’t list all possible discounts in a way that’s easy to find, so the following list contains both well-publicized as well as the least known credits available to lower your premiums when you buy car insurance online.

• Good Grades Discount – Being a good student could provide a savings of up to 20% or more. This discount can apply until age 25.
• Driver Education Discount – It’s a good idea to have your young drivers sucessfully take a drivers education course as it will make them better drivers and lower rates.
• Discount for Passive Restraints – Factory air bags or motorized seat belts may qualify for discounts of up to 25% or more.
• Federal Government Employee – Employees or retirees of the government can earn a discount up to 10% on Taurus insurance depending on your car insurance provider.
• Low Mileage Discounts – Driving less can earn slightly better car insurancerates than normal.
• Paperless Signup – Some of the larger companies will give you a small discount get car insurance over the internet.
• Payment Method – If paying your policy premium upfront as opposed to paying monthly you can avoid monthly service charges.
• New Car Discount – Insuring a vehicle that is new can save you some money because new model year vehicles have to meet stringent safety requirements.

A little disclaimer on discounts, some credits don’t apply to the entire cost. Most only reduce the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears it’s possible to get free car insurance, it’s just not the way it works.

A few of the larger companies and some of the premium reductions they offer can be read below.

• Esurance includes discounts for anti-lock brakes, online quote, anti-theft, emergency road assistance, renters, and DriveSense.
• The Hartford discounts include driver training, bundle, good student, air bag, defensive driver, vehicle fuel type, and anti-theft.
• AAA offers discounts for multi-car, pay-in-full, good driver, anti-theft, AAA membership discount, multi-policy, and education and occupation.
• Geico may offer discounts for good student, membership and employees, anti-theft, air bags, daytime running lights, and federal employee.
• State Farm has discounts for multiple autos, safe vehicle, defensive driving training, good driver, and anti-theft.

Before purchasing a policy, check with every insurance company what discounts are available to you. Discounts might not be offered in your area. To view companies with discount car insurance rates, follow this link.

Everyone needs different insurance coverage coverages

When choosing the best insurance coverage coverage for your vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs.

These are some specific questions might help in determining if your situation could use an agent’s help.

• Do I benefit by insuring my home with the same company?
• How high should my uninsured/underinsured coverage be in my state?
• Does insurance cover tools stolen from my truck?
• Do I need to file an SR-22 for a DUI in my state?
• Should I have a commercial auto policy?
• When do I need to add a new car to my policy?
• Does my insurance cover my expensive audio equipment?
• Where can I find DUI or SR-22 insurance?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and can provide invaluable advice.

Insurance premiums are influenced by these factors

Smart consumers have a good feel for a few of the rating criteria that help determine the price you pay for insurance coverage. When you understand what controls the rates you pay, this empowers consumers to make smart changes that can help you get lower rates.

Listed below are a partial list of the pieces that factor into your rates.

• Higher deductibles are cheaper – Your deductibles state the amount of money the insured will be required to pay if the claim is covered. Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some instances where coverage would apply could be rearending another vehicle, fire damage, and damage caused by road hazards. The larger the amount the insured is willing to pay, the less your insurance coverage will be on Taurus insurance.
• Better rates on vehicles with better crash test results – Vehicles with high crash test scores are cheaper to insure. The safest vehicles reduce occupant injuries and any reduction in injury severity translates into savings for insurance companies and cheaper rates on your policy. If your Ford Taurus scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
• Can a thief steal your car? – Selecting a car model with an alarm system can help lower your premiums. Theft prevention features like vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent vehicle theft.
• Lower stress equals lower prices – Jobs such as real estate brokers, executives and accountants tend to have higher premium rates because of stressful work requirements and long work hours. On the other hand, professions such as farmers, engineers and homemakers pay the least on Taurus insurance.

The largest companies are not always cheapest

Consumers constantly see and hear ads that promise big savings from the likes of State Farm and Allstate. All the companies make the same claim that you’ll save big if you change to their company.

That’s great but how can every company have lower policy pricing? This is the way they can do it.

All companies quote their best rates for the type of customer they prefer to insure. For example, a preferred risk might have to be over the age of 45, has a clear driving record, and drives less than 5,000 miles a year. A propective insured who fits those characteristics will probably get cheap rates and will probably save money with a new company.

Potential insureds who don’t qualify for the requirements will probably be forced to pay a higher premium and this can result in business not being written. If you pay attention, the ads say “drivers who switch” not “all people who quote” save the amount stated. That’s why insurance companies can confidently make those statements. That is why you should compare rate quotes every year. It’s not possible to predict which insurance companies will give you the biggest savings.

Insurance coverages and their meanings

Knowing the specifics of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be confusing and nobody wants to actually read their policy.

Comprehensive coverage

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like a broken windshield, fire damage and falling objects. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like dental work, surgery, pain medications and EMT expenses. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability car insurance

This provides protection from injuries or damage you cause to a person or their property that is your fault. It protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims such as repair bills for other people’s vehicles, legal defense fees and court costs. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for collisions

Collision insurance pays for damage to your Taurus caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sustaining damage from a pot hole, sideswiping another vehicle and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and damage to your Ford Taurus.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

You can do this!

When shopping online for auto insurance, make sure you don’t sacrifice coverage to reduce premiums. There have been many cases where drivers have reduced uninsured motorist or liability limits and discovered at claim time they didn’t have enough coverage. Your objective should be to buy a smart amount of coverage at a price you can afford, but do not skimp to save money.

Budget-conscious 2006 Ford Taurus insurance can be bought from both online companies and also from your neighborhood agents, so you should be comparing quotes from both to have the best selection. There are still a few companies who do not offer online quoting and usually these smaller providers only sell through independent agents.

Insureds switch companies for a number of reasons such as lack of trust in their agent, high prices, extreme rates for teen drivers and even delays in paying claims. It doesn’t matter why you want to switch finding a new auto insurance company is pretty easy and you might even save some money in the process.

More information

• Distracted Driving (Insurance Information Insitute)
• How do I File a Claim? (Insurance Information Insitute)
• Choosing a Car for Your Teen (State Farm)
• Airbag FAQ (iihs.org)