2014 Ford Taurus Car Insurance Rates – 5 Ways to Save

Want lower insurance rates for your Ford Taurus? Feel like you’re a prisoner to high-priced insurance? Trust us when we tell you there are many people just like you. Popular companies such as Geico, 21st Century and Progressive continually bombard you with catchy ads and consumers find it hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.

It’s a good idea to do rate comparisons once or twice a year since rates change regularly. If you had the best price on Taurus insurance six months ago you will most likely find a better rate today. Block out anything you think you know about insurance because you’re about to learn the only way to reduce your cost while improving coverage.

If you have a current insurance policy or are shopping for new coverage, you can follow these tips to find the best rates while maximizing coverage. Choosing the best insurance company for you is not rocket science. Consumers only need to know the proper methods to compare prices online.

Fast and Easy Auto Insurance Quotes

Performing a rate comparison can take time and effort if you aren’t aware of the most efficient way. You can spend your afternoon discussing policy coverages with insurance companies in your area, or you could save time and use the web to accomplish the same thing much quicker.

Most car insurance companies participate in a marketplace where prospective buyers complete one form, and at least one company can provide price quotes determined by their information. This eliminates the need for repetitive form submissions to each individual auto insurance company.

To fill out one form to compare multiple rates now click here (opens in new window).

The one disadvantage to using this type of system is that consumers can’t choose which companies you want to price. So if you want to choose individual companies to compare rates, we have a listing of auto insurance companies in your area. View list of insurance companies.

It’s up to you which method you use, but compare identical coverages for each price quote. If your comparisons have different limits and deductibles on each one you can’t possibly truly determine the lowest rate.

Insurance myths debunked

Consumers constantly see and hear ads for the lowest price auto insurance by companies like Progressive, Geico, Allstate and State Farm. All the ads have a common claim of big savings if you change to them.

But how can every company claim to save you money?

All the different companies can use profiling for the right customer that is profitable for them. An example of a preferred risk could possibly be between the ages of 40 and 55, insures multiple vehicles, and chooses high deductibles. A customer who fits that profile receives the best rates and is almost guaranteed to pay quite a bit less when switching companies.

Drivers who do not match this ideal profile must pay a higher premium and ends up with business not being written. The ad wording is “drivers who switch” not “everybody who quotes” save that much money. That’s the way insurance companies can confidently make the claims of big savings.

This illustrates why you need to get as many quotes as possible. It’s not possible to predict which insurance company will provide you with the cheapest Ford Taurus insurance rates.

Don’t pay full price with these five discounts

Insurance can cost an arm and a leg, buy you may qualify for discounts to cut the cost considerably. Some discounts apply automatically when you get a quote, but some must be specifically requested prior to getting the savings. If you aren’t receiving every discount available, you are paying more than you should be.

  • Drive Safe and Save – Insureds without accidents may save up to 50% more on Taurus insurance than their less cautious counterparts.
  • Clubs and Organizations – Affiliation with a professional or civic organization may earn a discount when buying auto insurance on Taurus insurance.
  • Sign Online – Some insurance companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Homeowners Discount – Owning a house may earn you a small savings due to the fact that maintaining a home demonstrates responsibility.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education if it’s offered in school.

A little note about advertised discounts, most discounts do not apply the the whole policy. Most cut the cost of specific coverages such as comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, auto insurance companies aren’t that generous. But all discounts will reduce your premiums.

Insurance companies who might offer these discounts include:

Check with each insurance company how you can save money. Savings might not apply in your state.

Your personal situation dictates your coverage

When choosing the best insurance coverage, there really is not a “best” method to buy coverage. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that can help discover whether or not you could use an agent’s help.

  • Does coverage extend to my business vehicle?
  • What is high-risk coverage and where do I buy it?
  • Are rental cars covered under my policy?
  • Does my policy cover my teen driver if they drive my company car?
  • Is rental equipment covered for theft or damage?
  • Do I have coverage when making deliveries for my home business?
  • Do I need an umbrella policy?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area. It is quick, free and you can get the answers you need.

Auto insurance specifics

Understanding the coverages of your auto insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. These are the normal coverages found on most auto insurance policies.

Liability coverages – Liability insurance protects you from damages or injuries you inflict on people or other property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as funeral expenses, structural damage and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage – Collision insurance will pay to fix damage to your Taurus resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like colliding with a tree, hitting a mailbox and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Coverage for medical payments – Med pay and PIP coverage kick in for immediate expenses for surgery, doctor visits and X-ray expenses. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as falling objects, fire damage and hail damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Ford Taurus.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Most of the time the UM/UIM limits are set the same as your liablity limits.

Be a smart shopper

As you shop your coverage around, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where drivers have reduced liability coverage limits only to find out that the small savings ended up costing them much more. Your strategy should be to get the best coverage possible at an affordable rate while still protecting your assets.

You just learned a lot of ways to compare 2014 Ford Taurus insurance prices online. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. You may even find the best price on auto insurance is with some of the smallest insurance companies. These companies may only write in your state and offer lower rates compared to the large companies like Progressive or Geico.

Cheap insurance is definitely available on the web in addition to many insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance providers do not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

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