2000 Mercury Cougar Insurance Cost – 7 Discounts for Cheapest Prices

Looking for the cheapest insurance rates for your Mercury Cougar? Are you irritated from wondering where the money will come from to insure your Mercury every month? Your situation is no different than many other people. With people having so many options, it can be challenging to locate a more affordable company.

Buying car insurance is not rocket science. If you are insured now or are just looking to switch companies, you can learn to cut your premiums while maintaining coverages. Consumers just need to learn the best way to get comparison rates on the web.

Cheap auto insurance quotes online

The majority of larger companies give coverage price quotes directly from their websites. This process is easy for anyone as all you need to do is type in the coverages you want on the page. After you submit the form their system will order reports for credit and driving violations and generates pricing information. Being able to quote online helps simplify price comparisons, but the time required to go to each company’s website and repetitively complete many quote forms is a big time waster. But it’s very important to perform this step if you want to find the best price on auto insurance.

Rate comparisons made easy

A less time-consuming method to get multiple rate quotes uses one simple form to get prices from several companies at one time. It’s a real time-saver, requires less work, and makes quoting online much more efficient. As soon as the form is sent, your coverage is rated and you can select any of the resulting price quotes. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. The entire process only takes a few minutes and may save quite a bit of money.

To compare rates using this form now, click here to open in new window and begin entering your coverage information. If you have your current policy handy, we recommend you type in the limits and deductibles as shown on your current policy. This guarantees you will be getting an apples-to-apples comparison for similar coverage.

Do you qualify for discount insurance coverage?

Some insurance providers don’t always list every discount they offer very clearly, so the list below contains a few of the more well known in addition to some of the lesser obvious credits available to lower your premiums when you buy car insurance online. If you’re not getting every credit you deserve, you could be paying more than you need to.

  • Accident-Free Discounts – Drivers who stay claim-free can save substantially when compared to policyholders that have many claims.
  • Accident Forgiveness Coverage – This one isn’t a discount, but companies like Allstate, State Farm and Geico will forgive one accident without getting socked with a rate hike so long as you are claim-free prior to being involved in the accident.
  • Discounts for Multiple Vehicles – Buying insurance for primary and secondary vehicles with the same insurance coverage company may reduce the rate for each vehicle.
  • Life Insurance – Insurance coverage companies who offer life insurance give a small discount if you purchase life insurance from them.
  • Defensive Driver Discount – Passing a defensive driving class could save 5% or more and easily pay for the cost of the class.
  • Discounts for Seat Belt Usage – Forcing all vehicle occupants to wear their seat belts could cut 10% or more off the PIP or medical payment premium.
  • Multi-policy Discount – If you insure your home and vehicles and place coverage with the same company you will save at least 10 to 15 percent or more.

We need to note that many deductions do not apply to the entire cost. Most only cut individual premiums such as liability and collision coverage. Even though it may seem like you would end up receiving a 100% discount, you won’t be that lucky.

For a list of providers that offer the discounts shown above, click here to view.

What insurance coverages do I need?

When it comes to choosing coverage for your vehicles, there really is not a “perfect” insurance plan. Every insured’s situation is different so your insurance should reflect that These are some specific questions might point out if your situation would benefit from an agent’s advice.

  • Should I bundle my homeowners policy with my auto?
  • Does my insurance cover a custom paint job?
  • Are rock chip repairs covered?
  • Is my 2000 Mercury Cougar covered for flood damage?
  • How do I buy GAP insurance?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • How can I get high-risk coverage after a DUI?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.

Car insurance coverages and their meanings

Knowing the specifics of your car insurance policy helps when choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types available from car insurance companies.

Comprehensive insurance – 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 coverage protects against claims like vandalism, fire damage, theft, hitting a deer and hitting a bird. The most your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Mercury Cougar.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision coverages – Collision insurance will pay to fix damage to your Cougar caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like crashing into a building, sustaining damage from a pot hole, sideswiping another vehicle, colliding with another moving vehicle and hitting a mailbox. This coverage can be expensive, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to bring the cost down.

Liability car insurance – Liability coverage provides protection from damages or injuries you inflict on other people or property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things such as emergency aid, bail bonds, pain and suffering, legal defense fees and structural damage. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage pay for short-term medical expenses like prosthetic devices, funeral costs, X-ray expenses and nursing services. They are often utilized in addition to your health insurance plan or if you do not have health coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Final thoughts

As you restructure your insurance plan, do not buy poor coverage just to save money. There have been many cases where an insured dropped physical damage coverage only to regret that the small savings ended up costing them much more. The ultimate goal is to purchase plenty of coverage at the best price and still be able to protect your assets.

We covered a lot of ways to lower your 2000 Mercury Cougar insurance prices. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. Consumers may even find the best prices are with the least-expected company. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as State Farm, Geico and Nationwide.

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