Cheaper 1998 Ford Contour Insurance Rates

Having to pay for overpriced Ford Contour insurance can dwindle your bank account and put the squeeze on your family’s finances. Shopping your coverage around is free, only takes a few minutes, and is a good way to lower your monthly bill. Because you have many insurance companies to choose from, it can be diffult for consumers to locate the lowest cost insurance company.

It’s a good habit to take a look at other company’s rates quite often since rates are rarely the same from one policy term to another. Just because you found the best rates for Contour coverage a couple years back there may be better deals available now. Forget all the misinformation about insurance because you’re about to find out one of the quickest ways to save money, get proper deductibles and limits, all at the lowest rate.

The best way we recommend to compare car insurance company rates is to know the fact most larger insurance companies actually pay money for the chance to quote your coverage. All you need to do is provide the companies a bit of rating information such as marital status, types of safety features, an estimate of your credit level, and if you are currently licensed. Those rating factors is instantly submitted to insurance companies and you should receive rate quotes within a short period of time.

Don’t pay full price with these discounts

Car insurance companies don’t necessarily list all their discounts very clearly, so we break down some of the best known and the more hidden insurance coverage savings. If you’re not getting every credit you qualify for, you are throwing money away.

  • Organization Discounts – Being a member of a qualifying organization may earn a discount when buying insurance coverage for Contour coverage.
  • Student in College – Any of your kids living away from home attending college and do not have a car may qualify for this discount.
  • New Car Discount – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
  • Government Employees – Active or retired federal employment can save as much as 8% for Contour coverage with a few insurance coverage companies.
  • Low Mileage Discounts – Low mileage vehicles could be rewarded with a substantially lower rate.
  • Drivers Ed for Students – Have your child complete a driver education course in school.

A little note about advertised discounts, most of the big mark downs will not be given the the whole policy. A few only apply to the cost of specific coverages such as medical payments or collision. So when the math indicates all those discounts means the company will pay you, you’re out of luck.

To see a list of insurance companies offering insurance coverage discounts, click here.

Ford Contour insurance rates can be determined by these details

Consumers need to have an understanding of the rating factors that play a part in calculating your auto insurance rates. Understanding what controls the rates you pay allows you to make educated decisions that may reward you with big savings.

Shown below are some of the items companies use to determine rates.

  • More than one policy can earn a discount – Some insurance companies will award you with lower prices to customers who consolidate policies with them such as combining an auto and homeowners policy. This can amount to 10 percent or more. Even with this discount, it’s in your best interest to compare other company rates to verify if the discount is saving money. Drivers may still find a better deal by splitting coverages up.
  • Protect yourself with liability coverage – Liability insurance is the coverage that protects you when a court rules you are at fault for personal injury or accident damage. Liability insurance provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable compared to physical damage coverage, so buy as much as you can afford.
  • With age comes lower rates – More mature drivers are more cautious drivers, file fewer claims and receive fewer citations. Teenage drivers have a tendency to be less responsible when driving and because of this, their auto insurance rates are much higher.
  • Always keep insurance in force – Driving without insurance is against the law and you will pay a penalty because you let your insurance expire. And not only will insurance be more expensive, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license.You may need to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Do men or women drive better? – Statistics demonstrate women are more cautious behind the wheel. That doesn’t necessarily mean that women are better drivers. Women and men are in accidents in similar percentages, but men cause more damage. Men also get more serious tickets such as reckless driving. Youthful male drivers are most likely to cause an accident and therefore are the most expensive to insure.
  • Safer cars are cheaper to insure – Vehicles with good safety scores get lower rates. These vehicles protect occupants better and lower injury rates means lower claim amounts passed on to you as lower rates. If your Ford Contour scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.

Your personal situation dictates your coverage

When it comes to buying proper insurance coverage, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that could help you determine whether you would benefit from professional advice.

  • Is my 1998 Ford Contour covered for flood damage?
  • Should I buy full coverage?
  • How can I get high-risk coverage after a DUI?
  • What is high-risk coverage and where do I buy it?
  • Is extra glass coverage worth it?
  • How high should my medical payments coverage be?
  • Is other people’s property covered if stolen from my vehicle?
  • Am I covered if hit by an uninsured driver?
  • Do I need special endorsements for business use of my vehicle?
  • Can I afford to pay high deductible claims out of pocket?

If you can’t answer these questions but you know they apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance myths debunked

Drivers get pounded daily by advertisements for the lowest price auto insurance from the likes of Geico, State Farm and Progressive. All the ads make an identical promise of big savings if you move your coverage to them.

But how can every company say the same thing? It’s all in the numbers.

Insurance companies have a certain “appetite” for the type of customer that makes them money. A good example of a desirable insured could be a mature driver, has no prior claims, and chooses high deductibles. Any driver who fits that profile will qualify for the lowest rates and as a result will probably save quite a bit of money when switching.

Potential customers who do not match the “perfect” profile will have to pay a more expensive rate which leads to business going elsewhere. The ads state “people who switch” but not “drivers who get quotes” save money. This is how companies can make those claims. Because of the profiling, drivers must get as many comparisons as possible. It’s not possible to predict which company will fit your personal profile best.

Auto insurance coverages explained

Knowing the specifics of auto insurance helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverages found on most auto insurance policies.

Auto liability

Liability coverage will cover damages or injuries you inflict on other people or property in an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy 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 limit of $100,000 paid for damaged property.

Liability coverage protects against things such as repair costs for stationary objects, attorney fees, medical expenses and loss of income. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

UM/UIM Coverage

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Ford Contour.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Collision coverage

Collision insurance will pay to fix damage to your Contour resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sideswiping another vehicle, rolling your car and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for expenses such as doctor visits, nursing services and X-ray expenses. 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 in addition to getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Comprehensive or Other Than Collision

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hitting a bird, hail damage and theft. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

In Summary

As you restructure your insurance plan, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are a lot of situations where someone sacrificed liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to find the BEST coverage at the best price while still protecting your assets.

We’ve covered a lot of tips how to reduce 1998 Ford Contour insurance prices online. It’s most important to understand that the more quotes you get, the better likelihood of reducing your rate. Consumers may even find the lowest premiums are with a small mutual company. Some small companies can often insure niche markets at a lower cost compared to the large companies like State Farm or Progressive.

To read more, feel free to browse the resources below: