Cheaper 1998 Ford Taurus Car Insurance Cost

Trying to find the cheapest car insurance rates for your Ford Taurus? Do you get exhausted from wondering where the money will come from to pay car insurance each month? You’re in the same situation as many other vehicle owners. Big-name insurance companies like State Farm, Geico and Farmers Insurance continually hit you with TV and radio ads and it is challenging if not impossible to avoid their marketing magic and do the work needed to find the best deal.

Consumers should take time to shop coverage around on a regular basis because insurance prices change quite often. Despite the fact that you may have had the best rates for Taurus insurance last year a different company probably has better premium rates today. Ignore everything you know about car insurance because you’re about to find out the quickest way to reduce your cost while improving coverage.

Cheaper auto insurance quotes with discounts

Auto insurance is not inexpensive, but you might already qualify for some discounts that could drop your premiums quite a bit. Some discounts will apply when you get a quote, but occassionally some discounts must be inquired about before they will apply.

  • Buy New and Save – Insuring a vehicle that is new can be considerably cheaper because newer models are generally safer.
  • Student in College – Kids who attend college more than 100 miles from home and leave their car at home may be able to be covered for less.
  • Professional Memberships – Participating in specific professional or occupational memberships or organizations could earn you a nice discount on your bill.
  • Early Renewal Discounts – A few auto insurance companies give discounts for buying a new policy before your current expiration date. You could save around 10% when you buy insurance online.
  • Theft Deterent – Cars, trucks, and SUVs that have factory anti-theft systems are less likely to be stolen so companies will give you a small discount.

Consumers should know that many deductions do not apply to the entire cost. The majority will only reduce specific coverage prices like comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, companies don’t profit that way.

If you would like to view auto insurance companies with the best discounts, follow this link.

Ford Taurus insurance premium factors

Multiple criteria are part of the calculation when you get a price on insurance. Some are obvious like your driving record, but others are less obvious like your vehicle usage or how safe your car is.One of the most helpful ways to save on insurance coverage is to to have a grasp of some of the things that help determine your premiums. If you have a feel for what determines premiums, this allows you to make good choices that could result in lower insurance coverage prices.

  • No policy claims equals better prices – If you are a frequent claim filer, don’t be surprised to see either a policy non-renewal or much higher rates. Companies give most affordable rates to people who are not frequent claim filers. Your car insurance is intended to be relied upon for claims that you cannot pay yourself.
  • Females tend to take less risk – Statistics show females are less aggressive when driving. That doesn’t necessarily mean that males are worse at driving than females. Both sexes get in auto accidents at about the same rate, but guys have costlier accidents. Men also tend to get ticketed for serious violations such as DWI and reckless driving. Males from age 16 to 21 have the highest risk to insure and therefore have the most expensive insurance coverage rates.
  • Single drivers may pay higher rates – Having a wife or husband may earn you lower rates compared to being single. Having a significant other generally demonstrates drivers are more mature than a single person and statistics show married drivers tend to file fewer claims.
  • Poor credit decisions can cost you – Having a bad credit score is a big factor in your rate calculation. Therefore, if your credit is lower than you’d like, you could be paying less to insure your 1998 Ford Taurus by taking the time to improve your credit score. People that have very high credit ratings tend to be less risk to insure than drivers who have lower credit ratings.
  • Higher physical damage deductibles are cheaper – Physical damage deductibles define the amount you are required to spend out-of-pocket before your insurance coverage pays a claim. Physical damage coverage, aka comp and collision, protects your car from damage. A few examples of covered claims would be a windshield broken by a bird, hail damage, and damage caused by road hazards. The more of the claim you have to pay, the better rate you will receive for Taurus insurance.
  • Extra coverages may be wasting money – Insurance policies have a lot of additional extra coverages you can purchase on your insurance coverage policy. Add-on coverages like rental car coverage, accidental death, and extra equipment coverage may be costing you every month. They may seem good when deciding what coverages you need, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Bundle policies and save – Some insurers provide discounts to buyers that buy multiple policies, otherwise known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. If you currently are using one company, it’s still a good idea to get quotes from other companies to ensure the best deal.
  • Careless drivers pay higher costs – A bad driving record impacts your car insurance rates tremendously. Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Having just one chargable violation may increase your cost to the point where it’s not affordable. Drivers with careless violations such as DUI or reckless driving may face state-mandated requirements to prove financial responsibility with their state’s department of motor vehicles in order to prevent a license revocation.

Tailor your auto insurance coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there isn’t really a cookie cutter policy. Every situation is different and a cookie cutter policy won’t apply. For example, these questions could help you determine if your situation might need an agent’s assistance.

  • Can my babysitter drive my car?
  • Is extra glass coverage worth it?
  • When should I drop full coverage on my 1998 Ford Taurus?
  • Why do I only qualify for high-risk insurance?
  • How many claims can I have before being cancelled?
  • Am I better off with higher deductibles on my 1998 Ford Taurus?

If you can’t answer these questions, you may need to chat with an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Specific coverages for a Ford Taurus

Having a good grasp of a car insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average car insurance policy.

Comprehensive insurance

This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as theft, fire damage and damage from getting keyed. The maximum amount your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as nursing services, surgery, X-ray expenses, hospital visits and prosthetic devices. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Liability coverages

This coverage protects you from injuries or damage you cause to other’s property or people by causing an accident. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability insurance covers claims like legal defense fees, bail bonds, medical services and structural damage. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Taurus.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision insurance

Collision insurance will pay to fix damage to your Taurus resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like rolling your car, hitting a parking meter, colliding with a tree, damaging your car on a curb and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Quote often and quote early

When searching for low cost insurance quotes, do not skimp on coverage in order to save money. Too many times, an insured cut full coverage only to discover later that the savings was not a smart move. Your focus should be to buy a smart amount of coverage at a price you can afford but still have enough coverage for asset protection.

In this article, we presented some good ideas how to reduce 1998 Ford Taurus insurance rates online. The most important thing to understand is the more you quote insurance, the better your comparison will be. You may be surprised to find that the best rates are with some of the lesser-known companies. Some small companies may only write in your state and offer lower car insurance rates compared to the large companies like Progressive or Geico.

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