Want better insurance rates for your Ford Taurus? Finding the cheapest insurance on the web is intimidating for beginners to comparing rates online. With dozens of online companies available, how can anyone have a chance to compare the different rates to find the best price?
Most companies provide coverage price quotes online. This process is fairly straightforward as you simply enter the amount of coverage you want as requested by the quote form. After you submit the form their system requests your credit score and driving record and returns pricing information based on these and other factors.
Online quotes simplifies rate comparisons, but having to visit a lot of sites and complete many quote forms is repetitive and time-consuming. But it is imperative to do this in order to get the lowest price.
A less time-consuming method to lower your rates utilizes a single form that analyzes rates from many companies. It’s a real time-saver, requires much less work on your part, and makes comparison shopping much more enjoyable. Immediately after you send the form, it is quoted and you can select your choice of the returned quotes. If you find a better price it’s easy to complete the application and buy the new coverage. This process takes just a few minutes to complete and can result in significant savings.
If you want to find out what other companies charge, click here to open in new window and complete the simple form. If you have a policy now, it’s recommended you copy the coverage information identical to your current policy. This way, you will receive a fair comparison for exact coverage.
Companies don’t always advertise every available discount very clearly, so the following is a list of some of the best known and also the lesser-known car insurance savings.
A little note about advertised discounts, many deductions do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, you’re out of luck.
For a list of insurance companies who offer car insurance discounts, follow this link.
When buying the right insurance coverage for your vehicles, there is no cookie cutter policy. Every insured’s situation is different.
These are some specific questions may help highlight whether you will benefit from professional help.
If you don’t know the answers to these questions, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form.
An important part of buying insurance is that you know some of the elements that play a part in calculating your insurance coverage rates. When you know what positively or negatively determines base rates empowers consumers to make smart changes that can help you get better insurance coverage rates.
Shown below are a partial list of the pieces used by your company to calculate your rates.
Car insurance providers like Progressive, Geico, Allstate and State Farm consistently run ads on TV and radio. They all have a common claim of big savings if you change your policy. How can each company say the same thing?
Insurance companies have a preferred profile for the type of driver that makes them money. For instance, a profitable customer could be between the ages of 30 and 50, insures multiple vehicles, and chooses high deductibles. A driver that hits that “sweet spot” receives the best rates and most likely will save quite a bit of money when switching.
Drivers who do not match this ideal profile will be charged a more expensive rate which usually ends up with business going elsewhere. The ads state “customers who switch” not “everybody who quotes” save that much money. That’s the way insurance companies can confidently make the claims of big savings. That is why drivers should compare as many rates as you can. It’s impossible to know which car insurance company will have the lowest Ford Taurus insurance rates.
Learning about specific coverages of auto insurance can be of help when determining the best coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.
Comprehensive protection – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like theft, damage from getting keyed, damage from a tornado or hurricane, rock chips in glass and a broken windshield. The maximum amount you can receive from a comprehensive claim 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.
Coverage for liability – Liability insurance provides protection from damage or injury you incur to a person or their property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.
Liability coverage pays for claims like emergency aid, structural damage and medical services. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.
Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like ambulance fees, EMT expenses, hospital visits, pain medications and nursing services. The coverages can be used in conjunction with a health insurance program or if you do not have health 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 is not universally available but can be used in place of medical payments coverage
Uninsured or underinsured coverage – This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Taurus.
Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.
Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as driving through your garage door, sustaining damage from a pot hole and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.
Insureds change insurance companies for a variety of reasons including policy cancellation, lack of trust in their agent, high rates after DUI convictions and even questionable increases in premium. Regardless of your reason for switching companies, choosing a new insurance company can be easier than you think.
In this article, we covered many ideas to lower your 1994 Ford Taurus insurance rates. The most important thing to understand is the more rate quotes you have, the better likelihood of reducing your rate. Consumers could even find that the lowest priced insurance comes from the smaller companies.
When you buy insurance online, it’s not a good idea to buy poor coverage just to save money. In too many instances, an insured dropped liability limits or collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your goal should be to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.