Looking for better insurance rates for your Ford Tempo? Overpriced Ford Tempo insurance can overdraw your checking account and force you to make sacrifices. Shopping your coverage around is a great way to cut your insurance bill. Multiple auto insurance companies compete for your insurance dollar, and it can be difficult to compare rates to get the best rates possible.
Consumers need to compare prices once or twice a year due to the fact that insurance rates go up and down regularly. Even if you think you had the best rates on Tempo coverage on your last policy you can probably find a lower rate today. Ignore everything you know about insurance because I’m going to let you in on the secrets to the only way to lower your rates without sacrificing coverage.
The easiest way to compare rate quotes is to realize most of the bigger providers pay for the opportunity to give rate comparisons. The only thing you need to do is give them rating details including distance driven, any included safety features, whether you drive to work or school, and driver details. That rating information is instantly provided to insurance carriers in your area and you receive quotes very quickly.
Consumers can’t ignore all the ads for cheaper car insurance by companies like 21st Century, Allstate and State Farm. They all seem to say the same thing that you can save after switching to them.
How can each company make the same claim? This is how they do it.
Different companies have a preferred profile for the driver that is profitable for them. For instance, a desirable insured might be between the ages of 30 and 50, is a homeowner, and drives less than 10,000 miles a year. A customer getting a price quote who meets those qualifications receives the best rates and is almost guaranteed to save quite a bit of money when switching.
Consumers who fall outside this ideal profile will have to pay higher prices which leads to the driver buying from a lower-cost company. The ads state “people who switch” not “people who quote” save that much. That is how insurance companies can state the savings.
Because of the profiling, you absolutely need to compare many company’s rates. Because you never know which insurance companies will fit your personal profile best.
Insuring your fleet can be pricey, buy you may qualify for discounts that you may not even be aware of. Certain discounts will be applied at the time of purchase, but a few need to be inquired about prior to receiving the credit. If you’re not getting every credit you deserve, you are throwing money away.
It’s important to understand that most discount credits are not given the the whole policy. Most only apply to the price of certain insurance coverages like comp or med pay. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky. But all discounts will bring down your overall premium however.
Companies who might offer these benefits include:
Check with each company which discounts they offer. All car insurance discounts might not apply in your area.
When choosing the right insurance coverage, there really is not a “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions may help highlight if your insurance needs might need professional guidance.
If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this 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.
Having a good grasp of a car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverage types offered by car insurance companies.
Comprehensive car insurance – This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for claims such as hitting a bird, fire damage, a tree branch falling on your vehicle and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Coverage for medical expenses – Med pay and PIP coverage pay for expenses for things like ambulance fees, funeral costs and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Coverage for liability – Liability coverage protects you from damages or injuries you inflict on other people or property by causing an accident. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage pays for things such as structural damage, legal defense fees, repair costs for stationary objects and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible.
Coverage for uninsured or underinsured drivers – This gives you protection when other motorists either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your 1991 Ford Tempo.
Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages do not exceed the liability coverage limits.
Collision coverages – Collision insurance will pay to fix damage to your Tempo caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision coverage pays for claims such as scraping a guard rail, driving through your garage door, colliding with another moving vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.
Budget-conscious 1991 Ford Tempo insurance is available from both online companies and also from your neighborhood agents, and you need to price shop both to have the best selection. There are still a few companies who may not provide online price quotes and these smaller companies work with independent agents.
We covered a lot of techniques to reduce insurance prices online. The most important thing to understand is the more times you quote, the better your chances of lowering your rates. You may even find the best price on car insurance is with the least-expected company. Regional companies may cover specific market segments cheaper as compared to the big name companies such as Geico and State Farm.
Additional information can be found at the links below