Compare 2011 Mercury Grand Marquis Car Insurance Rates

Did a good deal turn out to be an expensive auto insurance policy? Don’t feel bad because there are a lot of people just like you who feel imprisoned by their auto insurance policy. Vehicle owners have many insurers to purchase coverage from, and although it’s a good thing to have a selection, having more insurance companies makes it harder to find a good deal.

It’s a good habit to quote other rates before your policy renews because auto insurance prices change regularly. Even if you got the lowest rates on Grand Marquis coverage a year ago a different company probably has better premium rates today. Block out anything you think you know about auto insurance because I’m going to let you in on the secrets to the tricks you need to know to get good coverage at a lower rate.

How your Grand Marquis insurance costs are determined

It’s important that you understand the different types of things that play a part in calculating your policy premiums. When you know what positively or negatively influences your rates, this allows you to make good choices that can help you get better insurance rates.

The following are some of the things used by insurance companies to determine your prices.

• More traffic equals higher premiums – Residing in less populated areas of the country has definite advantages if you are looking for the lowest rates. City drivers have to deal with more road rage incidents and higher rates of accident claims. Fewer people means fewer accidents in addition to fewer liability claims.
• More miles equals more premium – The higher the mileage driven in a year’s time the higher your rates will be. A lot of companies apply a rate partially by how you use the vehicle. Cars that are left in the garage can get a lower rate than cars that get driven a lot. Improper usage on your Grand Marquis may be costing you higher rates. It’s a smart idea to ensure your insurance policy is showing the proper vehicle usage, because improper ratings can cost you money.
• Lower rates by increasing physical damage deductibles – Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your Mercury. Examples of covered claims would be a broken windshield, damage from fire, and damage from a fallen tree branch. Comp and collision deductibles are how much you are required to pay if the claim is covered. The more of the claim you have to pay, the less your insurance will be on Grand Marquis coverage.
• How much liability coverage do you need? – Liability coverage is the protection in the event that you are found to be at fault for damages caused by your negligence. Liability insurance provides you with a defense in court starting from day one. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so do not cut corners here.

Are you getting every discount?

Some insurance providers don’t always publicize every disount available in an easy-to-find place, so we took the time to find a few of the more well known and also the lesser-known discounts that you may qualify for.

• Active Military Service – Having an actively deployed family member may qualify for rate reductions.
• Discount for Passive Restraints – Options like air bags could see savings of more than 20%.
• Safety Course Discount – Participating in a course in defensive driver could possibly earn you a 5% discount if you qualify.
• Discount for Multiple Policies – If you insure your home and vehicles with one company you could get a discount of approximately 10% to 15%.
• Driving Data Discount – Insureds that choose to allow data collection to monitor where and when they drive by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot might see lower rates if they are good drivers.
• Driver Education Discount – Teen drivers should successfully complete driver’s ed class if offered at their school.

Please keep in mind that most discount credits are not given to your bottom line cost. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears having all the discounts means you get insurance for free, it just doesn’t work that way.

To choose insurance companies who offer cheap insurance coverage quotes, click here.

Save $439 a year. For real?

Consumers can’t ignore all the ads that promise big savings by Geico, State Farm and Progressive. They all seem to make the point that drivers will save a bundle if you get a free auto insurance quote and switch to their company.

How does each company have lower policy pricing? This is how they do it.

All the different companies give the cheapest rates for the type of driver that makes them money. A good example of a preferred risk may be married and over the age of 30, has never had a policy lapse, and the vehicle is rated for pleasure use. Anyone who matches those parameters may get the lowest car insurance rates and have a good chance to save a lot of money.

People who are not a match for these standards must pay higher premiums which translates to the prospect going elsewhere. If you pay close attention to the ads, they say “people that switch” but not “all drivers who get quotes” save that much. This is how companies can make the claims of big savings. This illustrates why drivers should get as many free auto insurance quotes as possible. Because you never know which company will have the best premium rates.

When in doubt talk to an agent

When choosing coverage for your personal vehicles, there really is no best way to insure your cars. Every situation is different so this has to be addressed. For example, these questions could help you determine if you would benefit from an agent’s advice.

• Is my babysitter covered when using my vehicle?
• Is my camper covered by my car insurance policy?
• I don’t drive much so do I pay less?
• Am I getting all the discounts available?
• What is roadside assistance coverage?
• Why is insurance for a teen driver so high?
• Is other people’s property covered if stolen from my vehicle?
• What are the financial responsibility laws in my state?
• Am I covered by my spouse’s policy after a separation?
• Should I put collision coverage on all my vehicles?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Insurance coverages explained

Having a good grasp of your insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are typical coverage types available from insurance companies.

Uninsured and underinsured coverage – This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Collision coverage – This pays for damage to your Grand Marquis caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as sustaining damage from a pot hole, scraping a guard rail, sideswiping another vehicle, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.

Liability coverages – Liability insurance will cover damage or injury you incur to a person or their property that is your fault. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things like emergency aid, loss of income, repair bills for other people’s vehicles, medical expenses and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for bills like pain medications, ambulance fees, prosthetic devices and surgery. They are often used in conjunction with a health insurance program or if there is no health insurance coverage. It covers all vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as falling objects, a tree branch falling on your vehicle and rock chips in glass. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Be a smart shopper

When shopping online for insurance, you should never skimp on coverage in order to save money. In too many instances, someone sacrificed liability limits or collision coverage only to regret that they should have had better coverage. Your aim should be to find the BEST coverage at the lowest possible cost.

More affordable insurance is possible both online in addition to many insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some companies do not offer online price quotes and usually these regional insurance providers only sell through independent agents.

Throughout this article, we presented many ways to get a better price on 2011 Mercury Grand Marquis insurance. The key concept to understand is the more providers you compare, the better chance you’ll have of finding cheaper auto insurance. You may even find the biggest savings come from a small local company. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like State Farm, Geico and Nationwide.

More detailed insurance information can be read at these sites:

• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• What is a Telematics Device? (Allstate)
• Medical Payments Coverage (Liberty Mutual)
• Event Data Recorders FAQ (iihs.org)