Compare 2002 Ford Thunderbird Insurance Quotes

Searching for better car insurance rates for your Ford Thunderbird? High-priced Ford Thunderbird insurance can deplete your budget and put a big crunch on your finances. Comparing rate quotes can be a smart way to tighten up your finances.

You have multiple car insurance companies to buy insurance from, and even though it’s nice to have a selection, more choices can make it harder to find a good deal.

It’s a good idea to shop coverage around quite often since prices change regularly. If you had the lowest quotes on Thunderbird coverage last year other companies may now be cheaper. Block out anything you think you know about car insurance because you’re about to learn how to quote online to reduce your cost while improving coverage.

Buying the cheapest insurance coverage is not that difficult. Essentially every driver who is shopping for insurance coverage should be able to save money. But drivers must learn the methods companies use to compete online because it can help you find the best coverage.

Car insurance discounts help reduce rates

The cost of insuring your cars can be expensive, but you might be missing out on some discounts that may help make it more affordable. A few discounts will be applied when you get a quote, but some must be asked for prior to getting the savings.

  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle up before driving can save up to 15% off the PIP or medical payment premium.
  • Early Renewal Discounts – Some larger companies give discounts for switching companies before your current coverage expires. You can save around 10% with this discount.
  • Club Memberships – Belonging to a professional or civic organization may earn a discount on your policy.
  • Discounts for Federal Employees – Having worked for a branch of the government may reduce rates when you quote car insurance on Thunderbird coverage with a few car insurance companies.
  • 55 and Retired – If you’re over the age of 55, you may qualify for a discount up to 10% on Thunderbird coverage.
  • Savings for New Vehicles – Insuring a new car can be considerably cheaper because new vehicles are generally safer.
  • Theft Prevention Discount – Cars and trucks that have factory anti-theft systems help deter theft and that can save you a little bit as well.
  • Resident Student – Youth drivers who live away from home to go to college and won’t have access to an insured vehicle could get you a discount.
  • Discount for Low Mileage – Keeping the miles down on your Ford can qualify you for better rates on cars that stay parked.
  • Discount for Life Insurance – Some insurance carriers give a small discount if you purchase auto and life insurance together.

As a sidenote, most discounts do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, car insurance companies aren’t that generous.

Popular car insurance companies and some of their more popular discounts are:

  • State Farm offers discounts including driver’s education, defensive driving training, Steer Clear safe driver discount, good driver, and anti-theft.
  • Geico may include discounts for membership and employees, multi-policy, driver training, seat belt use, anti-lock brakes, daytime running lights, and federal employee.
  • Allstate offers premium reductions for early signing, anti-lock brakes, auto/life discount, EZ pay plan discount, safe driver, and eSmart discount.
  • SAFECO includes discounts for homeowner, anti-lock brakes, teen safety rewards, multi-car, safe driver, drive less, and teen safe driver.
  • Farm Bureau has savings for driver training, 55 and retired, renewal discount, good student, multi-policy, youthful driver, and multi-vehicle.
  • Progressive may offer discounts for continuous coverage, multi-policy, online quote discount, homeowner, good student, online signing, and multi-vehicle.
  • AAA has discounts for anti-theft, AAA membership discount, education and occupation, good student, pay-in-full, good driver, and multi-policy.

If you need lower rates, check with every prospective company how you can save money. Discounts may not be offered in your area.

How much does insurance coverage cost?

Most larger insurance companies like Geico, State Farm and Progressive allow consumers to get prices for coverage directly from their websites. Doing online price comparisons can be done by anyone because you just enter the coverage amounts you desire on the page. Behind the scenes, the system automatically orders reports for credit and driving violations and gives you a price quote based on these factors. Being able to quote online makes it easy to compare insurance prices but the time required to go to each company’s website and repetitively type in your information is a big time waster. But it’s necessary to have as many quotes as possible in order to find the lowest price.

The better way to compare rates

A better way to lower your insurance coverage bill requires only one form to return rates from several different companies. This type of form saves time, eliminates form submissions, and makes online price comparison much easier to do. Immediately after you send the form, your coverage is rated and you can choose any or none of the quote results.

If one or more price quotes are lower than your current rates, you can click and sign and purchase coverage. The whole process can be completed in less than 10 minutes and may result in a nice savings.

To save time and compare pricing, click here to open in a new tab and enter your vehicle and coverage information. If you currently have coverage, we recommend you duplicate coverages and limits identical to your current policy. This helps ensure you will receive rate quotes for exact coverage.

Seven things that determine your insurance rates

Lots of factors are considered when quoting car insurance. A few of the factors are predictable like your driving record, but others are less obvious such as your marital status and annual miles driven.

Listed below are a few of the things used by your company to calculate your rate level.

  • Safer the car lower the rate – Safer cars tend to have lower insurance rates. The safest vehicles reduce occupant injuries and better occupant protection means less claims paid passed on to you as lower rates. If your Ford is rated at least four stars on Safercar.gov you are probably receiving a discount.
  • Teen drivers cost more – Beginning drivers have a tendency to be less responsible in a vehicle and because of this, their auto insurance rates are much higher. Older people are more cautious drivers, statistically cause fewer accidents , and usually have better credit.
  • Annual mileage impacts prices – The higher the miles on your Ford every year the higher the price you pay to insure it. Almost all companies apply a rate based upon how you use the vehicle. Autos that do not get driven very much can be on a lower rate level compared to those used for work or business. An improperly rated Thunderbird is just wasting money. Verify your auto insurance policy is showing annual mileage, because improper ratings can cost you money.
  • Cheaper premiums for prior coverage – Having an insurance coverage lapse is a guaranteed way to increase your rates. Not only will rates go up, being ticketed for driving with no insurance may earn you a steep fine or even jail time. You may then be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Better drivers pay lower prices – Drivers who don’t get tickets receive lower rates as compared to those with violations. Even one speeding ticket or other violation could increase your next policy renewal by twenty percent. Drivers unfortunate enough to have license-revoking citations like DUI, reckless driving or excessive speeding may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to drive a vehicle legally.
  • Too many auto insurance claims and you’ll pay more – Insurance companies provide the lowest premiums to insureds that do not abuse their auto insurance. If you frequently file small claims, you can definitely plan on higher rates. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • Gender matters – Statistics demonstrate that females take fewer risks when driving. The data does not necessarily mean that males are worse at driving than females. Females and males are in fender benders in similar percentages, but males tend to have higher claims. Men also get cited for more serious violations like DUI and reckless driving. Young men ages 16 to 20 tend to get in the most accidents and therefore are the most expensive to insure.

Which is the best car insurance?

When it comes to choosing coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that might help in determining whether you may require specific advice.

  • Who is covered when they drive my 2002 Ford Thunderbird?
  • Does my personal policy cover me when driving out-of-state?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is my 2002 Ford Thunderbird covered for flood damage?
  • What if I owe more than I can insure my car for?
  • Does my 2002 Ford Thunderbird need full coverage?
  • How much liability coverage do I need in my state?
  • How high should my uninsured/underinsured coverage be in my state?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Insurance coverages 101

Learning about specific coverages of insurance helps when choosing appropriate coverage for your vehicles. Policy terminology can be confusing and reading a policy is terribly boring. Listed below are typical coverages available from insurance companies.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as damage from getting keyed, a tree branch falling on your vehicle, hitting a bird and vandalism. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as dental work, EMT expenses, chiropractic care, ambulance fees and X-ray expenses. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Liability auto insurance – Liability insurance protects you from damage or injury you incur to other people or property in an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims like medical services, attorney fees and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your Ford Thunderbird.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Collision – This coverage will pay to fix damage to your Thunderbird from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as driving through your garage door, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to save money on collision insurance.

Save for a rainy day

As you restructure your insurance plan, it’s not a good idea to reduce needed coverages to save money. There are a lot of situations where drivers have reduced uninsured motorist or liability limits only to find out that the few dollars in savings costed them thousands. Your strategy should be to get the best coverage possible at the lowest possible cost, but don’t skip important coverages to save money.

We just showed you some good ideas how you can compare 2002 Ford Thunderbird insurance rates online. The key thing to remember is the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. You may be surprised to find that the lowest priced auto insurance comes from a lesser-known regional company. These companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Geico and State Farm.

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