2006 Mercury Grand Marquis Insurance Quotes – 5 Discounts for Cheaper Rates

Are you at wits end from being strong-armed each month for car insurance? You are in the same boat as millions of other vehicle owners.

Vehicle owners have so many auto insurance companies to insure vehicles with, and although it’s nice to have a selection, more choices can make it harder to get the best deal.

Drivers save money with these five premium-slashing discounts

Insurance is neither fun to buy or cheap, but there’s a good chance there are discounts to help bring down the price. Certain discounts will be triggered automatically when you complete an application, but some need to be specially asked for prior to getting the savings.

• Telematics Devices – Drivers that enable their insurance company to monitor driving habits by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if they show good driving skills.
• Accident Forgiveness Coverage – This one is not really a discount per se, but companies like Allstate and Geico will forgive one accident without getting socked with a rate hike so long as you haven’t had any claims for a particular time prior to the accident.
• Accident-Free Discounts – Insureds who avoid accidents and claims pay less as compared to bad drivers.
• Auto/Home Discount – If you can combine your auto and homeowners policy with one insurance company you could earn a discount of as much as 10 to 15 percent.
• College Student Discount – who are enrolled in higher education away from home and do not have access to a covered vehicle could qualify for this discount.

You can save money using discounts, but most discount credits are not given to all coverage premiums. Some only reduce the cost of specific coverages such as liability and collision coverage. Just because you may think you would end up receiving a 100% discount, insurance companies aren’t that generous.

A list of insurance companies and some of the discounts can be found below.

• Progressive offers premium reductions for continuous coverage, homeowner, multi-vehicle, online signing, multi-policy, online quote discount, and good student.
• SAFECO discounts include teen safety rewards, homeowner, multi-car, safe driver, accident prevention training, bundle discounts, and anti-theft.
• American Family offers discounts including accident-free, good driver, good student, multi-vehicle, TimeAway discount, and mySafetyValet.
• MetLife has discounts for good driver, good student, multi-policy, accident-free, claim-free, and defensive driver.
• Geico includes discounts for good student, anti-lock brakes, daytime running lights, seat belt use, emergency military deployment, driver training, and membership and employees.
• The Hartford offers discounts for bundle, defensive driver, vehicle fuel type, driver training, air bag, and anti-theft.

If you need lower rates, check with every prospective company which discounts they offer. Some credits might not be offered in your state. To choose insurance companies that offer discounts, click here.

Do I need special coverages?

When it comes to buying the best auto insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. For example, these questions might help in determining if your situation might need professional guidance.

• Do I have any recourse if my insurance company denies a claim?
• Is my nanny covered when driving my vehicle?
• Am I insured when driving a different vehicle?
• Does my insurance cover my expensive audio equipment?
• Are split liability limits better than a combined single limit?
• Does my liability insurance cover pulling a trailer or camper?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.

Car insurance coverage information

Having a good grasp of your policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the usual coverages available from insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage 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 as well as damage to your Mercury Grand Marquis.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits are similar to your liability insurance amounts.

Collision coverages – This coverage covers damage to your Grand Marquis from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as driving through your garage door, scraping a guard rail, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Comprehensive auto coverage – This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as a broken windshield, a tree branch falling on your vehicle, damage from flooding and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP provide coverage for bills such as chiropractic care, doctor visits, rehabilitation expenses and nursing services. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Liability car insurance – Liability coverage protects you from damage that occurs to other’s property or people in an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims such as medical expenses, attorney fees, funeral expenses, structural damage and loss of income. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

In conclusion

As you quote car insurance, don’t be tempted to buy poor coverage just to save money. There are a lot of situations where someone sacrificed physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your strategy should be to find the BEST coverage at the best cost while not skimping on critical coverages.

Some companies do not offer price quotes online and these small, regional companies only sell through local independent agencies. Cheap 2006 Mercury Grand Marquis insurance is definitely available on the web and with local insurance agents, so compare prices from both to get a complete price analysis.

More information is located at these links:

• Vehicle Insurance in the U.S. (Wikipedia)
• What is a Telematics Device? (Allstate)
• Event Data Recorders FAQ (iihs.org)
• Determing Auto Insurance Rates (Geico)