2001 Mercury Mountaineer Insurance Cost

Do you think you bought an expensive insurance policy? You’re preaching to the choir because many consumers are feeling buyer’s remorse and feel like there’s no way out.

Multiple auto insurance companies compete for your insurance dollar, and it can be difficult to compare rates and get the definite lowest rate

It is always a good idea to do price comparisons periodically because insurance rates are usually higher with each renewal. If you had the lowest premium rates on Mountaineer insurance two years ago you can probably find a lower rate today. You can search a lot of insurance out there, but I’m going to show you the best ways to lower your insurance rates.

If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using these tips. Finding the best rates is not that difficult. But drivers must learn how big insurance companies market insurance on the web and take advantage of how the system works.

Lower rates by qualifying for discounts

Auto insurance is not inexpensive, but there could be significant discounts to help offset the cost. A few discounts will automatically apply at the time of quoting, but a few need to be inquired about prior to receiving the credit. If they aren’t giving you every credit you deserve, you may be paying too high a price.

  • Distant College Student Discount – Youth drivers living away from home attending college and do not have access to a covered vehicle can receive lower rates.
  • Discount for Life Insurance – Select companies reward you with a small discount if you purchase life insurance from them.
  • Discounts for Responsible Drivers – Insureds who avoid accidents can save up to 40% or more on their insurance coverage quote on Mountaineer insurance than drivers with accidents.
  • No Charge for an Accident – but certain companies will let one accident slide without getting socked with a rate hike with the catch being you have to be claim-free for a certain period of time.
  • Sign Early and Save – A few insurance companies give discounts for renewing your policy before your current expiration date. It can save you around 10%.
  • Anti-theft Discount – Cars with anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Multi-policy Discount – When you have multiple policies with the same insurance company they may give you a discount of up to 20% off your total premium.

A little disclaimer on discounts, most credits do not apply the the whole policy. A few only apply to individual premiums such as liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, companies wouldn’t make money that way.

Companies and their possible discounts are detailed below.

  • Progressive has savings for online signing, homeowner, multi-policy, multi-vehicle, and continuous coverage.
  • AAA may include discounts for good student, pay-in-full, anti-theft, education and occupation, AAA membership discount, good driver, and multi-car.
  • Farmers Insurance offers discounts including teen driver, homeowner, good student, business and professional, youthful driver, and pay in full.
  • Geico may offer discounts for emergency military deployment, anti-theft, multi-policy, daytime running lights, anti-lock brakes, and five-year accident-free.
  • Esurance may have discounts that include anti-theft, Pac-12 alumni, multi-policy, online quote, and paid-in-full.
  • SAFECO discounts include anti-lock brakes, teen safety rewards, accident prevention training, anti-theft, and multi-car.
  • State Farm policyholders can earn discounts including good student, driver’s education, Drive Safe & Save, multiple policy, passive restraint, and good driver.

When getting free insurance coverage quotes, it’s a good idea to every company how many discounts you can get. Some discounts listed above might not apply in your area. If you would like to view insurance companies that can offer you the previously mentioned discounts, click here to view.

How to compare insurance coverage price quotes

Comparing insurance coverage rates can take hours if you don’t know the easiest way. You could waste time talking to local insurance agents in your area, or you can stay home and use online quoting to accomplish the same thing much quicker.

Most car insurance companies are enrolled in a marketplace where insurance shoppers send in one quote, and each company then gives them pricing based on that information. This eliminates the need for repetitive form submissions for each company you want a rate for. To enter your information into the quoting system, click here to start a free quote.

The only downside to doing it this way is that you can’t choose the insurers you want pricing from. So if you want to select specific providers to request quotes from, we have a listing of companies who write insurance coverage in your area. View list of insurance companies.

However you get your quotes, compare exactly the same information for each price quote. If each company quotes mixed coverages it will be next to impossible to find the best deal for your Mercury Mountaineer. Slightly different insurance coverages or limits can mean a large discrepancy in price. Just keep in mind that having more price comparisons will improve the odds of getting more affordable insurance.

How insurance companies determine Mercury Mountaineer insurance rates

Consumers need to have an understanding of the rating factors that play a part in calculating the level of your policy premiums. If you understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that could result in cheaper rates. Lots of things are used when pricing auto insurance. Some are pretty understandable such as your driving history, although others are not as apparent such as your credit history or your commute time.

The following are some of the items companies use to determine your rate level.

  • High coverage deductibles cost less – Comprehensive and collision coverage deductibles define the amount the insured will be required to pay before a claim is paid by your company. Insurance for physical damage, also called comprehensive and collision insurance, insures against damage to your car. A few examples of covered claims would be rearending another vehicle, damage caused by hail, and damage caused by road hazards. The more money you choose to pay out-of-pocket, the less money you will pay for auto insurance on Mountaineer insurance.
  • Do you save by driving less? – Driving a lot of miles in a year the higher your rates will be. Most companies price each vehicle’s coverage determined by how the vehicle is used. Vehicles that are left in the garage receive better premium rates than those that get driven frequently. It’s a good idea to make sure your auto insurance policy is rated on how each vehicle is driven, because improper ratings can cost you money. Incorrect rating for your Mountaineer is just wasting money.
  • Careless drivers pay higher rates – Whether or not you get tickets impacts your car insurance rates tremendously. Having just one speeding ticket or other violation can boost insurance rates by as much as twenty percent. Drivers who don’t get tickets pay lower auto insurance prices compared to drivers with tickets. Drivers who have severe tickets like hit and run, DWI or reckless driving convictions may find that they have to to submit a SR-22 form to the state department of motor vehicles in order to prevent a license revocation.
  • Is car insurance cheaper for males or females? – Over the last 30 years, statistics show women are more cautious behind the wheel. The data does not necessarily mean that men are WORSE drivers than women. Both genders have fender benders in similar numbers, but the men cause more damage and cost insurance companies more money. They also have more aggressive citations like driving under the influence (DUI). Male drivers age 16 to 19 cause the most accidents and thus pay the highest rates.
  • Where you live is a factor – Residing in smaller towns and rural areas of the country can save you money when insuring your vehicles. Fewer people means fewer accidents and a lower car theft rate. People in densly populated areas tend to have much more traffic and more severe claims. Higher commute times can result in more accidents.
  • Better premiums with anti-theft devices – Selecting a car model with anti-theft technology or alarm system can help lower your rates. Theft deterrent systems like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping auto theft and help lower rates.
  • See if your company offers a multi-policy discount – Most major companies will give discounts to people that purchase more than one policy, otherwise known as a multi-policy discount. The amount of the discounts can be ten or even up to twenty percent in some cases. Even if you qualify for this discount already, it’s always a smart idea to check prices from other companies to verify if the discount is saving money.

Insurance is unique, just like you

When it comes to buying coverage, there really is not a cookie cutter policy. Every situation is different so your insurance should reflect that For instance, these questions may help highlight if you may require specific advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What if I owe more than I can insure my car for?
  • Do I need added coverage for expensive stereo equipment?
  • Am I covered when driving a rental car?
  • Does liability extend to a camper or trailer?
  • Does coverage extend to Mexico or Canada?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance companies in your area.

Car insurance coverage breakdown

Learning about specific coverages of your policy aids in choosing appropriate coverage for your vehicles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverages found on the average car insurance policy.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include injuries to you and your family and also any damage incurred to your Mercury Mountaineer.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Liability car insurance

This will cover damage or injury you incur to other people or property in an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage pays for claims such as bail bonds, legal defense fees, emergency aid, court costs and repair costs for stationary objects. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Coverage for collisions

Collision insurance will pay to fix damage to your Mountaineer resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like driving through your garage door, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Comprehensive insurance

This covers damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from getting keyed, rock chips in glass, fire damage and a broken windshield. 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 consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for bills for things like dental work, surgery, chiropractic care and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Affordable insurance is out there

When buying insurance coverage, don’t be tempted to buy less coverage just to save a little money. In too many instances, drivers have reduced comprehensive coverage or liability limits and found out when filing a claim that they should have had better coverage. Your goal should be to buy a smart amount of coverage at the best cost, but don’t skip important coverages to save money.

In this article, we presented many ways to get a better price on 2001 Mercury Mountaineer insurance. The most important thing to understand is the more companies you get premium rates for, the better your chances of lowering your premium rates. Drivers may discover the best car insurance rates are with a small local company. They may have significantly lower premium rates on certain market segments than the large multi-state companies such as Progressive and Geico.

Cost effective 2001 Mercury Mountaineer insurance is definitely available on the web and with local insurance agents, so you should compare both to have the best selection. Some auto insurance companies may not offer internet price quotes and these smaller providers provide coverage only through independent insurance agencies.

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