2002 Mercury Cougar Car Insurance Quotes

Searching for cheaper insurance rates? Consumers have a choice when looking for the best price on Mercury Cougar insurance. You can either spend your time calling around getting price quotes or use the internet to find the lowest rates.

There are both good and bad ways to buy insurance so you’re going to learn the proper way to quote coverages for your Mercury and find the lowest possible price either online or from local insurance agents.

It’s a good habit to compare prices at least once a year since prices are usually higher with each renewal. If you had the best price for Cougar coverage last year you may be paying too much now. You can find a lot of information about insurance on the web, but you can learn some solid techniques on how to stop overpaying for insurance.

This information will instruct you on how to get online quotes. If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these techniques. Vehicle owners only need an understanding of how to compare company rates over the internet.

Get cheap rates with these discounts

Not too many consumers would say insurance coverage is affordable, but there may be some discounts that can drop the cost substantially. Certain discounts will be triggered automatically when you get a quote, but some need to be asked about before being credited.

  • Anti-lock Brakes – Cars and trucks with ABS and/or traction control can avoid accidents and therefore earn up to a 10% discount.
  • Smart Student Discounts – Performing well in school may save as much as 25% on a insurance quote. Many companies even apply the discount to college students up to age 25.
  • Onboard Data Collection – Insureds that choose to allow their insurance company to scrutinize vehicle usage remotely such as State Farm’s In-Drive might get better premium rates if they show good driving skills.
  • Resident Student – Children who attend college more than 100 miles from home and leave their car at home may be able to be covered for less.
  • Senior Citizen Rates – Drivers that qualify as senior citizens could receive a small decrease in premiums for Cougar coverage.
  • Federal Government Employee – Having worked for a branch of the government could provide a small rate reduction for Cougar coverage with a few insurance coverage companies.

Remember that some of the credits will not apply to all coverage premiums. Most only apply to individual premiums such as comprehensive or collision. If you do the math and it seems like you could get a free insurance coverage policy, it just doesn’t work that way.

To locate providers that provide some of the discounts listed above, click here to view.

How to shop insurance coverage online

There are several ways to compare insurance coverage quotes, and some are easier and takes less work. You can waste a lot of time talking to local insurance agents in your area, or you can utilize the web to get rate comparisons in just a few minutes.

Most car insurance companies belong to an insurance system where prospective buyers only type in their quote data once, and every company then gives them pricing based on that data. This eliminates the need for quote requests to each company.

To find out what other companies charge click here (opens in new window).

The one disadvantage to using this type of system is you are unable to specify which insurance companies to get quotes from. So if you want to select from a list of companies to compare rates, we have a page of insurance coverage companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just make sure you use exactly the same coverage information for every quote you compare. If you use different deductibles it will be nearly impossible to determine which rate is truly the best.

Why informed consumers pay less for Mercury Cougar insurance

An important part of buying insurance is that you know the factors that help calculate the rates you pay for car insurance. If you have a feel for what positively or negatively impacts your premiums, this enables informed choices that may reward you with better car insurance rates.

  • Maintain car insurance coverage – Not having insurance can get your license suspended and you may have a hard time finding new coverage because you let your coverage have a gap. In addition to paying higher premiums, not being able to provide proof of insurance may earn you a steep fine or even jail time. You could then be forced to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Your address can affect rates – Living in small towns and rural areas can be a good thing if you are looking for the lowest rates. Drivers in populated areas have to deal with traffic congestion and longer commutes to work. Less people translates into fewer accidents and also fewer theft and vandalism claims.
  • How much liability protection do you need? – Your policy’s liability coverage is the coverage that protects you in the event that you are found to be at fault for physical damage or personal injury to other. It provides you with a defense in court to attempt to prove you were not liable. This coverage is relatively inexpensive compared to physical damage coverage, so buy as much as you can afford.
  • Drive less and get lower rates – The more miles you rack up on your Mercury annually the higher your rates will be. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Autos that sit idle most of the time can get a lower rate as compared to vehicles used primarily for driving to work. Make sure your declarations sheet reflects annual mileage. A policy that improperly rates your Cougar may be wasting your money.
  • Careless drivers pay higher prices – Drivers who don’t get tickets get better rates than bad drivers. Just one moving violation can boost insurance rates by as much as twenty percent. Drivers who have received flagrant violations like hit and run, DWI or reckless driving convictions are required to file a proof of financial responsibility form (SR-22) with their state in order to legally drive a vehicle.
  • You may save more by consolidating policies – Most larger car insurance companies apply a discount to policyholders who buy several policies from them. It’s known as a multi-policy discount. Even if you’re getting this discount it’s still a good idea to comparison shop to ensure the best deal.
  • Minor frequent car insurance claims are not good – If you frequently file small claims, you can expect either a policy non-renewal or much higher rates. Car insurance companies award lower rates to insureds that do not abuse their auto insurance. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.

Auto insurance can be complex

When choosing the right insurance coverage for your vehicles, there really is not a single plan that fits everyone. Everyone’s needs are different.

These are some specific questions may help highlight if you might need professional guidance.

  • Are rock chip repairs covered?
  • If my pet gets injured in an accident are they covered?
  • Is a blown tire covered by insurance?
  • Does my insurance cover a custom paint job?
  • Is pleasure use cheaper than using my 2002 Mercury Cougar to commute?
  • Do I need medical payments coverage since I have good health insurance?
  • Who is covered when they drive my 2002 Mercury Cougar?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and can provide invaluable advice.

Detailed coverages of your insurance policy

Knowing the specifics of your policy helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Liability – This coverage protects you from injuries or damage you cause to a person or their property that is your fault. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as loss of income, pain and suffering, medical expenses, emergency aid and legal defense fees. How much coverage you buy is up to you, but consider buying as much as you can afford.

Comprehensive auto coverage – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, damage from flooding, damage from a tornado or hurricane, a tree branch falling on your vehicle and hitting a deer. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like dental work, nursing services, prosthetic devices and pain medications. They are used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

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

Collision coverage pays for things such as hitting a parking meter, hitting a mailbox, sustaining damage from a pot hole, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your 2002 Mercury Cougar.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Most of the time these limits are identical to your policy’s liability coverage.

Don’t break the bank

Drivers leave their current company for a variety of reasons including being labeled a high risk driver, policy cancellation, high prices and unfair underwriting practices. Regardless of your reason for switching companies, finding the right insurance provider is easier than you think.

As you restructure your insurance plan, do not buy less coverage just to save a little money. In many instances, someone dropped comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. The goal is to get the best coverage possible at an affordable rate but still have enough coverage for asset protection.

The cheapest 2002 Mercury Cougar insurance is available from both online companies in addition to local insurance agencies, so you need to quote insurance with both to have the best selection. A few companies may not offer online quoting and many times these small, regional companies only sell coverage through independent agencies.

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