1992 Mercury Tracer Insurance Rates – 7 Policy Discounts

Looking for cheaper auto insurance rates for your Mercury Tracer? I can’t think of anyone who likes paying for auto insurance, especially when the cost is too high. Popular companies such as Geico, Farmers Insurance and State Farm promote their brand names with ad campaigns and it is difficult to ignore the flashy ads and do the work needed to find the best deal.

How to get car insurance quotes

There are several ways to compare car insurance quotes, but there is one way that is easier and takes less work. You can waste hours talking to insurance agencies in your area, or you could use online quotes to get rate comparisons in just a few minutes.

Many popular insurance companies belong to a marketplace where prospective buyers send in one quote, and at least one company then gives them pricing based on the submitted data. This eliminates the need for repetitive form submissions to each company.

To compare rates using this form now click here (opens in new window).

The one downside to doing it this way is you don’t know exactly the insurers you want pricing from. So if you prefer to pick individual companies to request quotes from, we have a page of car insurance companies in your area. Click here to view list.

Which method you use is up to you, but make sure you are using identical coverages and limits with each company. If you are comparing different deductibles you can’t possibly determine which rate is truly the best.

Get lower rates with these seven insurance coverage discounts

Some companies don’t list every policy discount very clearly, so the next list breaks down some of the best known and also the more inconspicuous credits that you can use to lower your rates. If you aren’t receiving every discount you deserve, you could be getting lower rates.

  • Resident Student – Older children who live away from home at college and don’t have a car may be able to be covered for less.
  • Passive Restraint Discount – Options like air bags and/or automatic seat belt systems can receive discounts of 25 to 30%.
  • Good Student – Getting good grades may save you up to 25%. Most companies allow this discount well after school through age 25.
  • Bundled Policy Discount – If you have multiple policies with one insurance company you will save at least 10% off all policies.
  • Discount for New Cars – Adding a new car to your policy can be considerably cheaper since new vehicles are generally safer.
  • Federal Employees – Active or former government employment could provide a small rate reduction for Tracer insurance with a few insurance coverage companies.
  • ABS Braking Discount – Cars and trucks equipped with ABS or steering control can reduce accidents and therefore earn up to a 10% discount.

As a footnote on discounts, most of the big mark downs will not be given to all coverage premiums. Some only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates having all the discounts means you get insurance for free, that’s just not realistic.

Larger insurance coverage companies and some of the discounts are shown below.

  • Geico offers premium reductions for good student, multi-vehicle, seat belt use, multi-policy, and five-year accident-free.
  • USAA may offer discounts for annual mileage, new vehicle, family discount, safe driver, defensive driver, vehicle storage, and multi-vehicle.
  • Progressive offers discounts including continuous coverage, online quote discount, good student, multi-vehicle, homeowner, multi-policy, and online signing.
  • American Family offers discounts for accident-free, bundled insurance, TimeAway discount, air bags, and good driver.
  • Esurance may have discounts that include good student, good driver, online quote, multi-policy, and homeowner.
  • Farmers Insurance has discounts for early shopping, alternative fuel, distant student, mature driver, bundle discounts, and business and professional.
  • State Farm includes discounts for multiple autos, passive restraint, accident-free, safe vehicle, good driver, good student, and defensive driving training.

Before you buy a policy, ask every insurance company which credits you are entitled to. A few discounts might not be offered on policies in every state. To find insurance companies that offer many of these discounts, follow this link.

Insurance can get complicated

When it comes to choosing proper insurance coverage, there is no best way to insure your cars. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions might help in determining if you may require specific advice.

  • When can I cancel my policy?
  • Should I get collision insurance on every vehicle?
  • Does liability extend to a camper or trailer?
  • Should I buy only the required minimum liability coverage?
  • Do I need replacement cost coverage on my 1992 Mercury Tracer?
  • Can I make deliveries for my home business?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and can provide invaluable advice.

Learn about insurance coverages for a 1992 Mercury Tracer

Understanding the coverages of insurance can help you determine the right coverages for your vehicles. Insurance terms can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages found on most insurance policies.

Uninsured and underinsured 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 losses include hospital bills for your injuries and damage to your Mercury Tracer.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverages – This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like damage from a tornado or hurricane, hitting a bird, hail damage and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability insurance – Liability coverage protects you from damages or injuries you inflict on people or other property in an accident. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims such as repair bills for other people’s vehicles, legal defense fees, medical expenses, bail bonds and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Coverage for medical payments – Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as ambulance fees, chiropractic care and funeral costs. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants as well as any family member struck as a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision – This pays for damage to your Tracer resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things like sustaining damage from a pot hole, rolling your car, hitting a mailbox, crashing into a ditch and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Find Good Coverage for Less

There are still a few companies who do not offer rate quotes online and many times these regional carriers only sell coverage through independent insurance agencies. Cheaper 1992 Mercury Tracer insurance is attainable both online in addition to local insurance agencies, so you should compare both in order to have the best price selection to choose from.

In this article, we presented a lot of techniques to shop for 1992 Mercury Tracer insurance online. The key concept to understand is the more rate quotes you have, the better chance you’ll have of finding the cheapest insurance. Consumers may even find the lowest rates are with some of the lesser-known companies. Regional companies may often insure only within specific states and give getter rates than their larger competitors like Allstate, Geico and Progressive.

To learn more, feel free to visit these articles: