Cheaper 2006 Mercury Montego Car Insurance Cost

Looking for lower insurance coverage rates for your Mercury Montego? Feel like you have an expensive insurance coverage policy? You’re preaching to the choir because there are many drivers thinking the same thing. Due to the abundance of online and local companies to choose from, it can be hard to locate the right insurance coverage provider.

More discounts mean cheaper premiums

Some providers don’t always advertise the complete list of policy discounts in a way that’s easy to find, so the following is a list of some of the more common and also the more inconspicuous discounts that you may qualify for.

• Anti-theft System – Vehicles equipped with anti-theft or alarm systems are less likely to be stolen and that can save you a little bit as well.
• Waiver for an Accident – This one isn’t a discount, but some insurance companies may permit one accident before they charge you more for coverage if your claims history is clear for a specific time period.
• Discount for Life Insurance – Not all insurance companies offer life insurance, but some may give you lower premium rates if you buy life insurance.
• Discount for Multiple Policies – When you have multiple policies and insure them both with the same insurance company you could earn a discount of as much as 10 to 15 percent.
• Senior Citizens – Older drivers may qualify for a slight reduction on a insurance quote for Montego insurance.
• Multi-Vehicle Discounts – Buying insurance for multiple cars or trucks with one company may reduce the rate for each vehicle.
• Good Drivers – Drivers who don’t get into accidents may receive a discount up to 45% for Montego insurance than their less cautious counterparts.
• Pay Now and Pay Less – By paying your entire bill at once rather than paying monthly you can avoid the installment charge.

A little disclaimer on discounts, some of the credits will not apply the the whole policy. Most only reduce individual premiums such as liability, collision or medical payments. So when the math indicates having all the discounts means you get insurance for free, it doesn’t quite work that way.

Insurance companies that may include most of the discounts above include:

• State Farm
• Geico
• SAFECO
• Farmers Insurance
• AAA
• USAA

When getting free insurance quotes, it’s a good idea to all companies you are considering which discounts you may be entitled to. Some credits might not be available to policyholders in your area. If you would like to choose from a list of insurers that offer discounts, click here.

It’s not one size fits all

When it comes to buying coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is a little different and your policy should reflect that. These are some specific questions might help in determining whether or not you would benefit from an agent’s advice.

• Am I covered if I crash into my own garage door?
• Will filing a claim cost me more?
• What if I owe more than I can insure my car for?
• Which companies will insure high-risk drivers?
• Are my tools covered if they get stolen from my vehicle?
• Why am I required to get a high-risk car insurance policy?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and can help protect your family.

Big names are not always cheapest

Drivers can’t escape the ads for the lowest price car insurance from the likes of Progressive, Geico, Allstate and State Farm. All the ads tend to make the same promise that you can save after switching your policy.

But how can every company give you a lower rate? This is how they do it.

Insurance providers have a certain “appetite” for the type of customer that earns them a profit. One example of this type of driver might have to be between the ages of 30 and 50, has few claims, and drives less than 5,000 miles a year. A customer who fits that profile will get a cheap rate quote and therefore will save when switching.

Potential insureds who are not a match for the requirements must pay higher premium rates which results in the customer not purchasing. If you pay attention, the ads say “people that switch” but not “everyone who gets a quote” save that much when switching. This is how companies can make the claims of big savings. This really illustrates why you absolutely need to get a wide range of price quotes. You cannot predict with any certainty which company will have the best rates for your profile.

Car insurance coverages explained

Understanding the coverages of your car insurance policy can help you determine the best coverages and proper limits and deductibles. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages offered by car insurance companies.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability

Liability insurance provides protection from damages or injuries you inflict on other’s property or people by causing an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things such as medical expenses, bail bonds, attorney fees, funeral expenses and structural damage. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from 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 claims such as rock chips in glass, hitting a bird and fire damage. The most a car 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 consider dropping full coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like EMT expenses, pain medications and doctor visits. The coverages can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

This coverage covers damage to your Montego resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like driving through your garage door, scraping a guard rail, hitting a parking meter and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Smart consumers save more

As you prepare to switch companies, it’s a bad idea to buy less coverage just to save a little money. There are a lot of situations where an insured cut comprehensive coverage or liability limits and learned later that the few dollars in savings costed them thousands. Your strategy should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

We just presented a lot of techniques to compare 2006 Mercury Montego insurance premium rates online. The key concept to understand is the more providers you compare, the better likelihood of getting cheap insurance. You may even find the lowest premium rates are with a smaller regional carrier. Regional companies often have lower prices on specific markets compared to the large companies like Allstate and Progressive.

More detailed insurance coverage information can be read at these sites:

• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• What is a Telematics Device? (Allstate)
• Event Data Recorders FAQ (iihs.org)
• Parking Tips to Reduce Door Dings (State Farm)
• Auto Crash Statistics (Insurance Information Insitute)