1996 Mercury Grand Marquis Insurance Rates – 5 Policy Discounts

Looking for lower insurance rates for your Mercury Grand Marquis? If you’re looking for lower-priced insurance online, do you get overwhelmed by the dozens of insurance sources? There are such a large number of options that it can be a lot of work to find the perfect company for you.

Five discounts for cheap insurance rates

Companies offering auto insurance do not list every available discount in a way that’s easy to find, so we took the time to find some of the best known and the more hidden credits that you can use to lower your rates.

  • Discounts for Responsible Drivers – Insureds who avoid accidents can save as much as half off their rates for Grand Marquis insurance compared to accident prone drivers.
  • Multiple Policy Discount – If you can bundle your auto and homeowners insurance and place coverage with the same company you could save up to 20% off your total premium.
  • Distant Student Discount – living away from home attending college and don’t have a car may qualify for this discount.
  • Smart Student Discounts – Getting good grades can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Defensive Driver Discounts – Taking time to complete a course that instructs on driving safety could cut 5% off your bill and easily pay for the cost of the class.

A quick disclaimer, most discount credits are not given to the entire policy premium. Most only cut the price of certain insurance coverages like medical payments or collision. Even though it may seem like all the discounts add up to a free policy, it’s just not the way it works.

Popular insurance companies and a summarized list of policyholder discounts are shown below.

  • Progressive discounts include online quote discount, good student, homeowner, multi-vehicle, online signing, and continuous coverage.
  • Geico offers premium reductions for five-year accident-free, emergency military deployment, driver training, multi-policy, and multi-vehicle.
  • State Farm offers discounts for Drive Safe & Save, passive restraint, multiple autos, defensive driving training, good driver, and accident-free.
  • Esurance offers discounts including renters, Pac-12 alumni, defensive driver, claim free, and emergency road assistance.
  • The Hartford has discounts for bundle, defensive driver, air bag, anti-theft, vehicle fuel type, and good student.

If you need lower rates, check with each insurance company to apply every possible discount. Some of the earlier mentioned discounts might not apply everywhere. To find insurers who offer cheap insurance quotes, follow this link.

Tailor your car insurance coverage to you

When it comes to choosing proper insurance coverage, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that may help highlight if you could use an agent’s help.

  • Are rock chip repairs covered?
  • Do I need roadside assistance coverage?
  • Is my nanny covered when driving my vehicle?
  • How much liability insurance is required?
  • Do I need PIP (personal injury protection) coverage in my state?
  • What exactly is covered by my policy?
  • Can I afford to pay high deductible claims out of pocket?
  • Can my teen drive my company car?
  • Do I need special endorsements for business use of my vehicle?
  • What are the best liability limits?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

The largest companies are not always cheapest

Car insurance providers like Progressive, Allstate and Geico seem to constantly run ads on TV and radio. All the ads advertise claims that people will save if you switch to them. How does every company sell you cheaper insurance coverage? This is the trick they use.

All the different companies provide the lowest rates for the type of customer that will most likely be profitable. For example, a desirable insured might be described as a mature driver, has no tickets, and drives less than 10,000 miles a year. Any driver who matches those parameters will get low prices and will probably cut their rates if they switch.

Potential insureds who do not meet those criteria may be required to pay a more expensive rate with the end result being the customer buying from someone else. The trick is to say “customers who switch” not “all people who quote” save that much when switching. That’s why companies can advertise the way they do.

That is why drivers should quote coverage with many companies. It’s just too difficult to predict the company that will have the lowest rate quotes.

Educate yourself about car insurance coverages

Learning about specific coverages of your car insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like prosthetic devices, rehabilitation expenses, nursing services and funeral costs. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Collision – This coverage covers damage to your Grand Marquis caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like scraping a guard rail, sustaining damage from a pot hole, hitting a mailbox and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to increase the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from flooding, hitting a bird, hitting a deer, falling objects and vandalism. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

UM/UIM Coverage – Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these limits are set the same as your liablity limits.

Auto liability – This coverage provides protection from injuries or damage you cause to other people or property in an accident. This coverage protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like pain and suffering, loss of income and bail bonds. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Don’t break the bank

A few companies don’t offer online price quotes and these smaller companies provide coverage only through independent agencies. Cheap 1996 Mercury Grand Marquis insurance is possible online in addition to local insurance agencies, and you should compare price quotes from both to have the best rate selection.

Insureds who switch companies do it for any number of reasons including high rates after DUI convictions, policy cancellation, questionable increases in premium or even denial of a claim. Regardless of your reason for switching companies, finding a new company is actually quite simple.

In this article, we presented many tips how you can reduce 1996 Mercury Grand Marquis insurance premium rates online. The key concept to understand is the more companies you get prices for, the more likely it is that you will get a better rate. Drivers may discover the most savings is with a smaller regional carrier.

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