View 2003 Mercury Grand Marquis Insurance Cost

Trying to find better insurance rates for your Mercury Grand Marquis? Finding lower priced insurance online may at first seem to be problematic for buying insurance on the internet. With so many insurance agents and insurance companies available, how can drivers have a chance to compare every company to locate the best available rates?

It’s important to compare prices on a regular basis because insurance prices are rarely the same from one policy term to another. Just because you found the best deal for Grand Marquis insurance at your last renewal the chances are good that you can find a lower rate quote today. Block out anything you think you know about insurance because I’m going to let you in on the secrets to the quickest way to reduce your cost while improving coverage.

What affects Mercury Grand Marquis insurance costs?

Multiple criteria are used in the calculation when you get your auto insurance bill. A few of the factors are predictable like an MVR report, but some are less apparent such as whether you are married or how safe your car is.

The list below includes a partial list of the pieces used by companies to determine your premiums.

  • Rates increase with driving citations – Your driving record influences premium rates substantially. Having just one citation can increase the cost of insurance by as much as thirty percent. Attentive drivers pay lower auto insurance prices compared to bad drivers. Drivers who have gotten dangerous violations such as DWI, reckless driving or hit and run convictions may face state-mandated requirements to prove financial responsibility with their state in order to legally drive a vehicle.
  • Small claims can cost you – If you file claims often, you shouldn’t be surprised to get either higher rates or even cancellation. Car insurance companies award the best rates to people who file claims infrequently. Your car insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Liability coverage safeguards assets – Your insurance policy’s liability coverage is the protection when you are found liable for an accident. Your liability coverage provides legal defense up to the limits shown on your policy. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should make sure they buy enough to cover all assets.
  • The higher your credit rating the lower your rates – Having a good credit score can be a huge factor in determining what you pay. Insureds with excellent credit tend to file fewer claims than drivers with worse credit. So if your credit is not that good, you could be paying less to insure your 2003 Mercury Grand Marquis by repairing your credit.
  • How many coverages with the same company – Many companies give lower prices to policyholders who consolidate policies with them. It’s known as a multi-policy discount. Discounts can be 10 percent or more. Even if you qualify for this discount already, drivers will still want to compare rates to help ensure you have the lowest rates. You may still be able to find a better deal by splitting coverages up.
  • Alarms and GPS tracking systems cut insurance rates – Owning a car that has an advanced theft prevention system can help lower your rates. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms help track and prevent auto theft.

The best way to compare car insurance company rates is to realize car insurance companies provide online access to give free rates quotes. The only thing you need to do is provide information such as if a SR-22 is needed, daily mileage, whether you drive to work or school, and driver ages. Your information is instantly submitted to many different companies and they respond with quotes quickly.

To compare rates for your 2003 Mercury Grand Marquis now, click here and enter your coverage details.

Insurance ads are enticing

Big name companies like Allstate and Progressive continually stream ads in print and on television. All the companies state the claim that drivers will save a bundle if you just switch your coverage to them. How does each company say the same thing? It’s all in the wording.

Many companies have specific characteristics for the type of driver that makes them money. An example of a driver they prefer might be over the age of 50, carries full coverage, and drives newer vehicles. A customer that meets those criteria will probably get cheap car insurance rates and will save when switching.

People who fall short of these criteria will have to pay higher prices which results in the customer buying from someone else. If you pay close attention to the ads, they say “customers who switch” not “everyone who quotes” will save that much if they switch. This is how companies can make the claims of big savings.

Different companies use different criteria so you need to compare price quotes frequently. It is impossible to guess which insurance company will be your best fit.

Use discounts to get cheaper auto insurance rates

Some providers do not list every discount very clearly, so the following list contains both well-publicized as well as some of the hidden discounts you could be receiving when you buy insurance coverage online.

  • Save over 55 – Seniors may qualify for a small discount on rates for Grand Marquis insurance.
  • New Vehicle Savings – Buying a new car instead of a used car can get you a discount because new vehicles keep occupants safer.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education as it will make them better drivers and lower rates.
  • Active Service Discounts – Being deployed with a military unit may qualify for rate reductions.
  • Accident Free – Drivers who stay claim-free are rewarded with significantly better rates on insurance coverage quote compared to drivers with a long claim history.
  • Include Life Insurance and Save – Not every insurance company offers life insurance, but if they do you may earn a lower rate if you buy some life insurance too.
  • One Accident Forgiven – but a few companies such as Allstate, State Farm and Geico will turn a blind eye to one accident before they charge you more for coverage so long as you are claim-free for a certain period of time.
  • Discount for Home Ownership – Just being a homeowner may trigger a policy discount on auto insurance because maintaining a house requires a higher level of personal finance.
  • Telematics Data – Drivers that enable their auto insurance company to analyze when and where they use their vehicle by using a small device installed in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease if they exhibit good driving behavior.
  • Payment Method – If you can afford to pay the entire bill rather than paying monthly you may have a lower total premium amount.

It’s important to note that some of the credits will not apply the the whole policy. Most only cut the price of certain insurance coverages like medical payments or collision. Just because you may think it’s possible to get free car insurance, it just doesn’t work that way.

If you would like to see a list of auto insurance companies with the best auto insurance discounts, click here to view.

Tailor your insurance coverage coverage to you

When choosing the best insurance coverage coverage, there isn’t really a cookie cutter policy. Every situation is different.

Here are some questions about coverages that can help discover whether or not you would benefit from professional advice.

  • Is business property covered if stolen from my car?
  • How does medical payments coverage work?
  • Can I afford to buy a different vehicle if my 2003 Mercury Grand Marquis is totaled?
  • Do I need more liability coverage?
  • Can I rate high risk drivers on liability-only vehicles?
  • Can my babysitter drive my car?
  • Can I drive in Mexico and have coverage?
  • When can my company non-renew my policy?
  • Should I rate my 2003 Mercury Grand Marquis as pleasure use or commute?

If you can’t answer these questions but a few of them apply, 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.

Information about specific coverages

Understanding the coverages of auto insurance aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Collision coverage protection

This coverage covers damage to your Grand Marquis resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as damaging your car on a curb, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills such as chiropractic care, funeral costs, dental work and rehabilitation expenses. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Comprehensive insurance

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

Comprehensive coverage pays for things like 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 actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your 2003 Mercury Grand Marquis.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Frequently these limits are similar to your liability insurance amounts.

Auto liability

This coverage provides protection from injuries or damage you cause to people or other property by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability can pay for things like medical services, funeral expenses, structural damage, pain and suffering and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

More comparisons equals lower rates

Consumers switch companies for many reasons like policy cancellation, lack of trust in their agent, extreme rates for teen drivers or even questionable increases in premium. Regardless of your reason for switching companies, finding a great new company can be easy and end up saving you some money.

In this article, we covered many ideas to save on 2003 Mercury Grand Marquis insurance. The key concept to understand is the more quotes you get, the better your chances of lowering your car insurance rates. You may even discover the lowest priced auto insurance comes from the smaller companies.

Some companies may not provide online price quotes smaller companies work with independent insurance agencies. Affordable 2003 Mercury Grand Marquis insurance can be found both online and also from your neighborhood agents, so you should compare both so you have a total pricing picture.

Much more information about auto insurance can be found below: