Lower Your 1992 Ford Probe Car Insurance Rates

Want better insurance coverage rates for your Ford Probe? Being forced to pay for expensive insurance coverage premiums can empty your accounts and force you to make tough financial choices.

Insurance companies such as Geico, 21st Century and Progressive promote their brand names with catchy ads and consumers find it hard to see through the deception and effectively compare rates to find the best deal.

If you currently have a car insurance policy, you will most likely be able to save some money using these tips. Choosing the best insurance company for you is easy if you know what you’re doing. But consumers need to have an understanding of how the larger insurance companies market insurance on the web because it can help you find the best coverage.

Discount auto insurance rates

Some providers do not advertise every discount they offer very well, so the following list contains both the well known as well as the least known auto insurance savings.

  • Sign Early and Save – A few auto insurance companies offer discounts for switching policies prior to the expiration date on your current policy. It’s a savings of about 10%.
  • College Student Discount – who are attending college without a vehicle on campus could qualify for this discount.
  • Student Discounts – Maintaining excellent grades may save you up to 25%. Many companies even apply the discount to college students until age 25.
  • Anti-lock Brake Discount – Cars that have anti-lock braking systems are safer to drive and the ABS can save up to 10%.
  • Pay Upfront and Save – If you can afford to pay the entire bill as opposed to paying monthly you could save 5% or more.
  • Include Life Insurance and Save – Select insurance carriers reward you with lower prices if you buy a life insurance policy as well.
  • Low Mileage Discounts – Keeping the miles down on your Ford can earn lower prices due to less chance of an accident.
  • Safety Restraint Discount – Drivers who always wear seat belts and also require passengers to wear their seat belts can save up to 15% off PIP or medical payments premium.

As a sidenote, some of the credits will not apply to the overall cost of the policy. Most only apply to individual premiums such as liability, collision or medical payments. Despite the appearance that all those discounts means the company will pay you, it doesn’t quite work that way.

A list of auto insurance companies and some of the discounts can be found below.

  • State Farm has discounts for defensive driving training, Steer Clear safe driver discount, multiple policy, anti-theft, good student, student away at school, and Drive Safe & Save.
  • Farmers Insurance policyholders can earn discounts including teen driver, good student, youthful driver, multi-car, and early shopping.
  • Geico may offer discounts for multi-vehicle, anti-theft, air bags, good student, anti-lock brakes, and military active duty.
  • American Family discounts include good student, defensive driver, accident-free, mySafetyValet, bundled insurance, and multi-vehicle.
  • Nationwide offers discounts including business or organization, anti-theft, multi-policy, easy pay, family plan, and defensive driving.
  • Progressive offers premium reductions for homeowner, multi-policy, online signing, good student, multi-vehicle, and continuous coverage.

When quoting, ask every insurance company how you can save money. Some of the discounts discussed earlier might not apply in every state. To see a list of auto insurance companies that offer some of these discounts, follow this link.

Tailor your car insurance coverage to you

When choosing the best car insurance coverage, there is no single plan that fits everyone. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that might help in determining if your insurance needs might need an agent’s assistance.

  • Should I sign the liability waiver when renting a car?
  • What is roadside assistance coverage?
  • Do I have newly-aquired coverage?
  • Does my medical payments coverage pay my health insurance deductible?
  • If my 1992 Ford Probe is totaled, can I afford another vehicle?
  • When should I drop full coverage on my 1992 Ford Probe?
  • Can I afford to pay high deductible claims out of pocket?
  • Will my rates increase for filing one claim?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Car insurance coverages for a 1992 Ford Probe

Having a good grasp of your insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Insurance terms can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages found on most insurance policies.

Liability coverages – Liability insurance protects you from damage or injury you incur to people or other property in an accident. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability can pay for things such as funeral expenses, medical expenses, repair bills for other people’s vehicles and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance pay for expenses for nursing services, hospital visits, rehabilitation expenses and dental work. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Collision coverages – This will pay to fix damage to your Probe from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like colliding with another moving vehicle, hitting a parking meter and backing into a parked car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Probe.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive coverage – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, falling objects, hitting a deer and damage from flooding. The maximum amount a insurance company will pay at claim time 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.

Make a quick buck

Cheaper 1992 Ford Probe insurance is definitely available online as well as from independent agents, so you need to quote insurance with both to have the best rate selection. Some companies do not offer online rate quotes and these regional insurance providers work with independent insurance agencies.

While you’re price shopping online, it’s very important that you do not buy poor coverage just to save money. In many cases, consumers will sacrifice collision coverage to discover at claim time they didn’t have enough coverage. The proper strategy is to buy enough coverage at a price you can afford.

More detailed car insurance information can be read in these articles: