Cheap 1997 Ford Thunderbird Insurance Rates

Want lower auto insurance rates for your Ford Thunderbird? Did you fall for a flashy sales pitch and buy overpriced auto insurance? Trust us, there are a lot of people just like you who feel imprisoned by their auto insurance policy.

Drivers have so many auto insurance companies to buy insurance from, and although it’s nice to have a selection, too many choices makes it more difficult to compare company pricing.

This information will instruct you on how to effectively get price quotes and some money-saving tips. If you have car insurance now, you should be able to save some money using this strategy. Although vehicle owners do need to know the way companies sell online and apply this information to your search.

These factors can influence what you pay for Ford Thunderbird insurance

It’s important that you understand some of the elements that play a part in calculating the rates you pay for auto insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that can help you get lower auto insurance prices.

Shown below are a partial list of the pieces used by your company to calculate your rates.

  • Lower rates with optional equipment – Owning a car with an alarm system can help bring down rates. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent car theft.
  • Where you reside plays a part – Choosing to live in less populated areas can save you money when insuring your vehicles. City drivers tend to have traffic congestion and much longer commute distances. Fewer drivers translates into fewer accidents and a lower car theft rate.
  • Don’t sacrifice liability coverage – Liability coverage is the protection if a court rules you are at fault for causing damage or personal injury in an accident. It provides legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not cut corners here.
  • High numbers of claims are not good – Auto insurance companies provide discounts to people who do not file claims often. If you file claims often, you can expect either policy cancellation or increased premiums. Insurance coverage is intended to be relied upon for major claims that would cause financial hardship.

Discounts mean cheaper Ford Thunderbird insurance rates

Car insurance is not cheap, but there could be available discounts that you may not even be aware of. Larger premium reductions will be automatically applied when you purchase, but lesser-known reductions have to be inquired about before you will receive the discount.

  • Homeowners Pay Less – Owning a home may trigger a insurance coverage policy discount due to the fact that maintaining a home demonstrates responsibility.
  • No Claims – Claim-free drivers pay much less compared to frequent claim filers.
  • Pay Now and Pay Less – If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Multi-policy Discount – When you combine your home and auto insurance with the same company you may save 10% to 20% off each policy.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
  • Sign Early and Save – A few companies offer discounts for switching to them before your current expiration date. It can save you around 10%.
  • Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Accident Waiver – A few companies permit an accident before hitting you with a surcharge if your claims history is clear for a particular time prior to the accident.
  • 55 and Retired – If you qualify as a senior citizen, you may qualify for better insurance coverage rates for Thunderbird insurance.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears you could get a free insurance coverage policy, you won’t be that lucky. But any discount will bring down the cost of coverage.

Insurance companies that may have these discounts are:

Double check with each insurance company which discounts they offer. All car insurance discounts might not apply in your area.

The insurance bait and switch

Progressive, Geico, Allstate and State Farm consistently run ads on TV and radio. All the companies make the same claim about savings if you change your coverage to them. But how can every company make the same claim? It’s all in the numbers.

Different companies have a preferred profile for the driver they prefer to insure. A good example of a preferred risk could be between 25 and 40, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who matches those parameters will get very good rates and as a result will probably save when they switch companies.

Drivers who fall outside the requirements will be charged a higher premium which usually ends up with the customer not buying. The ads state “customers who switch” not “people who quote” save that much money. That’s the way insurance companies can confidently make those claims.

That is why drivers must quote coverage with many companies. It’s just too difficult to predict which insurance company will have the lowest Ford Thunderbird insurance rates.

Tailor your coverage to you

When buying proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For example, these questions can aid in determining if your situation may require specific advice.

  • Am I covered if my car is in a flood?
  • Is pleasure use cheaper than using my 1997 Ford Thunderbird to commute?
  • When should I not file a claim?
  • What companies insure drivers after a DUI or DWI?
  • Do I need motorclub coverage?
  • What discounts do I qualify for?
  • Does having multiple vehicles earn me a discount?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area.

Auto insurance coverages

Having a good grasp of a car insurance policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Listed below are typical coverage types found on most car insurance policies.

Collision coverages – Collision coverage pays for damage to your Thunderbird resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like backing into a parked car, rolling your car, driving through your garage door, crashing into a building and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as hospital visits, dental work and funeral costs. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Liability car insurance – Liability coverage will cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you against claims from other people, and 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. Your policy might show policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like attorney fees, medical services, court costs, funeral expenses and structural damage. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Comprehensive or Other Than Collision – This covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like falling objects, hitting a deer and hitting a bird. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people 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 the UM/UIM limits are identical to your policy’s liability coverage.

You can do this!

Throughout this article, we presented some good ideas how to save on 1997 Ford Thunderbird insurance. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. Drivers may discover the best prices are with some of the lesser-known companies. These smaller insurers may have significantly lower rates on certain market segments than their larger competitors like Allstate, Geico and Progressive.

As you go through the steps to switch your coverage, you should never reduce needed coverages to save money. There have been many situations where an accident victim reduced liability limits or collision coverage and discovered at claim time that they should have had better coverage. Your focus should be to purchase plenty of coverage at the best price while not skimping on critical coverages.

More detailed insurance information is located in these articles: