How Much Does 2000 Ford Contour SVT Insurance Cost?

Trying to find lower auto insurance rates for your Ford Contour SVT? Perplexed by the number of auto insurance options? Lot’s of other consumers are too. Consumers have so many options that it can turn into more work than you anticipated to locate the lowest price.

Do you qualify for a discount?

Auto insurance companies don’t necessarily list all their discounts very well, so the following is a list of both the well known as well as the least known discounts you could be receiving.

  • Payment Method – By paying your policy upfront instead of paying each month you can actually save on your bill.
  • Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts of more than 20%.
  • Multiple Cars – Buying coverage for all your vehicles on one policy may reduce the rate for each vehicle.
  • Military Rewards – Having a deployed family member could be rewarded with lower premiums.
  • Save over 55 – Mature drivers can possibly qualify for reduced rates for Contour SVT insurance.
  • Driver Safety – Completing a course in driver safety can save you 5% or more and easily recoup the cost of the course.
  • New Car Discount – Insuring a new car is cheaper due to better safety requirements for new cars.
  • Paperless Signup – Some insurance companies will discount your bill up to fifty bucks simply for signing on their website.
  • Accident Free – Drivers with accident-free driving histories pay much less as compared to accident-prone drivers.

Drivers should understand that most discounts do not apply to all coverage premiums. The majority will only reduce specific coverage prices like comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, you’re out of luck.

Companies that may have some of the above discounts are:

Before buying, ask each company how you can save money. All car insurance discounts may not apply in your state.

Elements that influence Ford Contour SVT insurance rates

It’s important that you understand some of the elements that help determine insurance rates. Knowing what controls the rates you pay allows you to make educated decisions that could result in better insurance rates.

The following are a few of the “ingredients” companies use to determine premiums.

  • Lower rates come with age – Older drivers are more responsible, tend to cause fewer accidents and tend to be better behind the wheel. Young drivers have a tendency to be less responsible behind the wheel and because of this, their insurance rates are much higher.
  • Bundling policies can get discounts – The majority of insurers will give a discount to policyholders who buy several policies from them such as combining an auto and homeowners policy. Discounts can add up to five, ten or even twenty percent. If you currently are using one company, it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible. Consumers may find a better deal by buying insurance from a different company.
  • What are your deductibles? – Deductibles for physical damage represent how much money you are required to spend out-of-pocket before a claim is paid by your company. Physical damage insurance, otherwise known as comp (or other than collision) and collision, insures against damage to your car. A few examples of covered claims would be colliding with a building, vandalism, or theft. The more you have to pay, the less your insurance will be for Contour SVT insurance.
  • Pay less after the wedding – Being married can get you a discount on your policy. Having a spouse translates into being more mature and statistics show drivers who are married are more cautious.
  • Battle of the sexes – The statistics show that women are safer drivers than men. That doesn’t necessarily mean that men are worse drivers. Men and women cause accidents at about the same rate, but men cause more damage. Men also have more aggressive citations like reckless driving and DUI. Male drivers age 16 to 19 are several times more likely to be in an accident and are penalized with high insurance rates.
  • Never allow your policy to lapse – Driving with no insurance is a misdemeanor and as a result your rates will increase for letting your insurance lapse. Not only will you pay more, but not being able to provide proof of insurance might get you a hefty fine and possibly a revoked license.
  • Don’t buy coverages you don’t need – There are a lot of additional coverages that you can get tricked into buying on your insurance policy. Insurance for vanishing deductibles, accidental death and membership fees may be costing you every month. These may sound like a good investment initially, but your needs may have changed so eliminate the coverages to reduce your premium.

What coverages do I need?

When it comes to buying the best insurance coverage coverage for your personal vehicles, there is no one size fits all plan. Every situation is different.

For example, these questions can help discover if your situation will benefit from professional help.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • If my pet gets injured in an accident are they covered?
  • What can I do if my company denied a claim?
  • When would I need rental car insurance?
  • Should I sign the liability waiver when renting a car?
  • What is no-fault insurance?
  • Should I drop comprehensive coverage on older vehicles?
  • Is my nanny covered when driving my vehicle?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form.

Auto insurance policy coverages for a 2000 Ford Contour SVT

Having a good grasp of a auto insurance policy helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Auto liability

This can cover damages or injuries you inflict on a person or their property in an accident. This insurance 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 liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things such as loss of income, emergency aid, legal defense fees, bail bonds and court costs. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for things like chiropractic care, ambulance fees and funeral costs. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Comprehensive protection

This coverage pays to fix your vehicle from 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 such as falling objects, damage from flooding, rock chips in glass, hail damage and theft. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage protection

Collision insurance covers damage to your Contour SVT from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like backing into a parked car, driving through your garage door, colliding with another moving vehicle, sideswiping another vehicle and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Ford Contour SVT.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Final thoughts

When buying insurance coverage, it’s not a good idea to buy less coverage just to save a little money. In many cases, an accident victim reduced liability coverage limits and found out when filing a claim that they should have had better coverage. Your aim should be to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

Throughout this article, we presented a lot of information how to compare 2000 Ford Contour SVT insurance prices online. The most important thing to understand is the more times you quote, the better likelihood of reducing your rate. Consumers could even find that the best price on auto insurance is with an unexpected company.

Cost effective insurance can be purchased from both online companies in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

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