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Mercury Monterey Insurance Cost

Comparing car insurance from online rate quotes can be fast and easy and there is a good chance you may find lower rates. The most important part is to take the time to get rates from as many companies as possible so you can compare all possible prices.

If you've never shopped for car insurance online, you can be overwhelmed by the hoards of online car insurance companies and websites selling insurance. The are a couple different ways of comparing rates from car insurance companies in your area. The easiest way by far to find the lowest Monterey insurance rates involves getting comparison quotes online. This can be accomplished by visiting this page.

Insurance premiums for your Mercury Monterey can vary widely depending on several factors. Some of these factors include:

  • A clean driving record keeps rates low
  • Credit rating
  • Male rates may be higher
  • Higher deductibles save money
  • Safety rating of your Monterey
  • Your job
  • The amount of protection requested
  • Whether you own your home

One important consideration that can impact your rates is the age of the vehicle. Used vehicles cost less compared to new Mercury models so the payout to repair may result in lower rates. But newer vehicles have more advanced features including active head restraints, an advanced theft deterrent system, dual-stage airbags, and sideview assist mirrors which can provide discounts that lower premiums.

To get more specific information about how rates are influenced for your specific model year, select the year of your vehicle below.

Liability insurance

This coverage can cover damage that occurs to other's property or people. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Coverage is generally pretty cheap so buy higher limits if possible.

Collision protection

This coverage covers damage to your Mercury resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay. The maximum payout you'll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection when the "other guys" either are underinsured or have no liability coverage at all. Because many people only purchase the least amount of liability that is required, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Medical expense coverage

Coverage for medical payments and/or PIP pay for short-term medical expenses like nursing services, prosthetic devices, and dental work. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage.

How Much are Mercury Monterey Insurance Rates?