How Much Does 1995 Mercury Grand Marquis Car Insurance Cost?

Searching for better car insurance rates for your Mercury Grand Marquis? Having to pay for pricey car insurance can empty your savings and force you to tighten up your finances. Doing a price comparison is a smart way to tighten up your finances.

With so many choices of insurance companies, it can be diffult for drivers to locate the cheapest company.

You should take the time to compare premium rates periodically because insurance prices go up and down regularly. Even if you think you had the lowest price on Grand Marquis insurance six months ago you will most likely find a better rate today. Ignore everything you know about car insurance because you’re about to find out the easiest way to properly buy coverages while reducing your premium.

You may qualify for discounts

Auto insurance is not inexpensive, but there are discounts available that could drop your premiums quite a bit. Certain discounts will be applied when you get a quote, but a few must be asked for prior to getting the savings.

  • Senior Citizen Rates – If you qualify as a senior citizen, you could receive lower premium rates on Grand Marquis insurance.
  • New Vehicle Savings – Buying a new car model can cost up to 25% less due to better safety requirements for new vehicles.
  • College Student – Kids who live away from home at college and do not take a car to college can receive lower rates.
  • Driver’s Education for Students – Teen drivers should successfully complete driver’s ed class in high school.
  • ABS Braking Discount – Cars and trucks with anti-lock braking systems are much safer to drive and earn discounts up to 10%.

Please keep in mind that some credits don’t apply to your bottom line cost. Most cut the price of certain insurance coverages like comprehensive or collision. So even though you would think it’s possible to get free car insurance, you won’t be that lucky.

A partial list of companies that may offer policyholders some of the above discounts include:

If you are trying to find inexpensive auto insurance quotes, ask each company how many discounts you can get. Some discounts may not be available in your area.

How to find cheap car insurance

To find low cost prices, there are a couple of ways to obtain and compare prices from many different insurance companies. The recommended way to find the cheapest 1995 Mercury Grand Marquis insurance rates consists of obtaining rate quotes online. This is very easy and can be done by using one of the methods below.

  • One of the best ways to get quotes is a comparison rater form click to view form in new window. This method saves time by eliminating separate forms for each price estimate. One form will return quotes from all major companies.
  • A different way to find more affordable insurance is to take the time to go to the website for each individual company and repeat the quote process again and again. For examples sake, let’s assume you want to see prices from State Farm, 21st Century and Farmers. To get each rate you have to go to each individual site and repeatedly enter your information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.
  • The most time-consuming method of getting rate comparisons is going to insurance agencies in your area. Quoting online makes this process obsolete unless you’re the type of person who wants the trained guidance of an agent trained in personal lines coverage. Some companies do allow you to price shop online and have a local agent actually service the policy.

Whichever way you use, be sure to compare the same coverages for each price quote. If each company quotes different liability limits it will be nearly impossible to determine which company has the best rates. Having just a slight variation in insurance coverages or limits can make a big difference in price. Just remember that comparing a wide range of rates will enable you to find the best price. Some companies don’t provide rate quotes online, so you need to compare prices from them as well.

Components of your Mercury Grand Marquis insurance prices

Lots of factors are used in the calculation when quoting car insurance. Some of the criteria are obvious such as your driving history, but other factors are not quite as obvious like your continuous coverage and annual miles driven.

The following are some of the items that factor into prices.

  • Drivers with high credit save on car insurance – A driver’s credit score can be an important factor in your rate calculation. If your credit rating leaves room for improvement, you may save money insuring your 1995 Mercury Grand Marquis if you improve your credit rating. Drivers who have excellent credit tend to be more responsible and file fewer claims as compared to drivers with bad credit.
  • Consolidate policies and save – Lots of car insurance companies allow discounts to clients that purchase more than one policy in the form of a multi-policy discount. This can amount to as much as ten percent or more Even if you already get this discount, you may still want to compare other company rates to guarantee you are still saving the most.
  • Getting married can lower rates – Having a spouse can actually save you money when shopping for car insurance. Marriage translates into being more financially stable and insurance companies reward insureds because drivers who are married file infrequent claims.
  • Always keep your car insurance policy in place – Driving any period of time without insurance can get your license suspended and you may have a hard time finding new coverage because you let your coverage cancel without a new policy in place. And not only will your rates increase, the inability to provide proof of insurance might get you a revoked license or a big fine.
  • Your gender affects costs – Statistics show that females take fewer risks when driving. This data doesn’t prove that females are better at driving than males. Males and females cause fender benders in similar percentages, but guys have accidents that have higher claims. They also get ticketed for serious violations such as DWI and reckless driving. Males from age 16 to 21 are the most expensive to insure so they pay the highest premiums.

There’s no such thing as the perfect insurance coverage policy

When choosing the best insurance coverage coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. These are some specific questions might help in determining if your situation might need professional guidance.

  • How can I force my company to pay a claim?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Do I need PIP coverage since I have good health insurance?
  • What if I don’t agree with a claim settlement offer?
  • Can I afford to buy a different vehicle if my 1995 Mercury Grand Marquis is totaled?
  • How high should my medical payments coverage be?
  • When should I remove comp and collision on my 1995 Mercury Grand Marquis?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance coverage companies in your area.

Insurance coverage companies are expert advertisers

Popular insurance coverage providers such as Allstate, Geico and Progressive regularly use ads in print and on television. They all have a common claim of big savings if you get a free auto insurance quote and switch to their company. Is it even possible that every company can lower your premium rates? Here is how they do it.

All the different companies have specific characteristics for the type of driver that is profitable for them. An example of a preferred risk could be over age 30, is a homeowner, and has a short commute. Any customer who fits those characteristics receive the lowest rate quotes and will most likely save a lot of money.

People who fall outside those standards will see higher rates and this results in the driver buying from a lower-cost company. The ads state “people who switch” not “everyone that quotes” save that much. That is how companies can make the claims of big savings.

Because every company is different, you need to compare rate quotes every year. It is impossible to guess which company will have the best prices for your profile.

Information about specific coverages

Learning about specific coverages of your policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverages offered by auto insurance companies.

Collision coverage – Collision coverage pays for damage to your Grand Marquis caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as crashing into a building, hitting a parking meter and driving through your garage door. This coverage can be expensive, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers – This provides protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your 1995 Mercury Grand Marquis.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Usually these coverages are set the same as your liablity limits.

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays for 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 can pay for claims like theft, rock chips in glass, vandalism and damage from flooding. The maximum amount your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical expense insurance – Med pay and PIP coverage kick in for short-term medical expenses for prosthetic devices, chiropractic care, ambulance fees, EMT expenses and X-ray expenses. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability coverages – This will cover damage or injury you incur to other’s property or people that is your fault. It protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Some companies may use one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers things like structural damage, bail bonds and funeral expenses. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Cheaper insurance is a realistic goal

Lower-priced 1995 Mercury Grand Marquis insurance can be purchased both online and from local insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some companies may not offer internet price quotes and most of the time these regional carriers prefer to sell through independent insurance agencies.

When shopping online for insurance, it’s not a good idea to reduce needed coverages to save money. There are many occasions where drivers have reduced liability coverage limits only to discover later they didn’t purchase enough coverage. Your focus should be to purchase a proper amount of coverage at the best possible price, but do not sacrifice coverage to save money.

Additional insurance information can be read at the links below