2005 Mercury Grand Marquis Car Insurance Quotes

Paying for high-priced Mercury Grand Marquis insurance can sap your checking account and force you to prioritize other expenses.

With so many different company options, it’s difficult to locate the most affordable insurance company.

It’s important to quote other rates at least once a year since rates are adjusted regularly by insurance companies. Even if you got the best premium rates for Grand Marquis insurance on your last policy the chances are good that you can find a lower price today. Forget anything you know (or think you know) about insurance because it’s time to teach you the tricks you need to know to reduce your cost while increasing coverage.

Buying more affordable protection is easy if you know what you’re doing. Basically, every vehicle owner who has to buy auto insurance should be able to reduce their rates. But consumers can benefit from knowing how the larger insurance companies compete online and use this information to your advantage.

How to buy insurance coverage

Performing a rate comparison can be exhausting if you don’t know the best way to get rate quotes. You could waste time talking about coverages with insurance companies in your area, or you can stay home and use the internet to get pricing more quickly.

Many companies enroll in a system where prospective buyers enter their policy data once, and every company then gives them pricing based on that information. This prevents consumers from doing repetitive form submissions for each company you want a rate for.

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

The single downside to pricing coverage this way is that consumers can’t choose which providers you want pricing from. If you prefer to choose specific insurance companies to compare prices, we have assembled a list of companies who write insurance coverage in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just do your best to use nearly identical quote data with each company. If you compare different deductibles it’s not possible to decipher which rate is best. Slightly different coverages can mean a large discrepancy in price. And when quoting insurance coverage, remember that making a lot of price comparisons helps increase your odds of locating better pricing.

Brand name doesn’t guarantee savings

21st Century, Allstate and State Farm continually stream ads in print and on television. All the companies convey the message that drivers will save a bundle just by switching to them. Is it even possible that every company can charge you a lower premium? Here is the trick they use.

Different companies have an ideal profile for the type of customer that is profitable for them. One example of this type of risk profile may need to be over the age of 40, has never had a claim, and drives a lower-performance vehicle. A propective insured that fits those parameters is entitled to the best price and therefore will pay quite a bit less when switching companies.

People who cannot meet these criteria will have to pay a higher premium which translates to business not being written. The wording the ads use say “drivers that switch” not “everyone that quotes” save that kind of money. That is how insurance companies can confidently make the claims of big savings.

This illustrates why drivers should get price quotes at each policy renewal. It is impossible to predict with any certainty which company will fit you best based on your risk profile.

Eight things that influence your insurance premiums

A large part of saving on insurance coverage is knowing some of the elements that play a part in calculating the price you pay for insurance coverage. When you understand what determines base rates, this helps enable you to make changes that could result in cheaper rates. Lots of factors are used in the calculation when pricing auto insurance. A few of the factors are predictable like an MVR report, but some are not quite as obvious like your vehicle usage or your vehicle rating.

The following are most of the major factors used by your company to calculate rates.

  • Gender and car insurance – The statistics show that females tend to be a little less risky than males. However, this does not mean males are worse at driving than females. Men and women cause fender benders in similar percentages, but men have costlier accidents. Not only are claims higher, but men receive more major tickets like DWI (DUI) or reckless driving. Males from age 16 to 21 are the most expensive to insure so it costs more to insure them.
  • Don’t skimp on liability insurance – Your insurance coverage policy’s liability coverage will protect you in the event that you are determined to be liable for physical damage or personal injury to other. This coverage provides for a legal defense starting from day one. Liability is cheap compared to comp and collision, so do not cut corners here.
  • Do you really need to file that insurance claims? – If you are a frequent claim filer, you can expect much higher rates or policy non-renewal. Companies generally give the lowest premiums to drivers who are claim-free. Your insurance policy is intended to be relied upon for larger claims.
  • Do you have a demanding vocation? – Do you work in a high-stress field? Jobs like real estate brokers, business owners and stock brokers tend to pay higher premiums than the average policyholder attributed to stressful work requirements and lots of time spent at work. Other professions such as actors, students and performers have lower than average premiums for Grand Marquis insurance.
  • Avoid traffic tickets – Good drivers receive lower rates than bad drivers. Even one moving violation may cause rates to rise twenty percent or more. Drivers who have gotten careless tickets like hit and run, DWI or reckless driving convictions may need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
  • Vehicle options that cut prices – Choosing a vehicle with advanced anti-theft systems can save you some money. Anti-theft devices such as OnStar, LoJack tracking, and tamper alarms help track and prevent your car from being stolen.
  • Driver age impacts premiums – Young drivers are proven to be inattentive and easily distracted when driving so they pay higher insurance coverage rates. Having to add a youthful driver onto a policy can increase premiums substantially. More mature drivers are proven to be safer behind the wheel, tend to cause fewer accidents and tend to be get fewer driving tickets.
  • Never let your insurance coverage policy lapse – Driving your car without having proper coverage is against the law and as a result your rates will increase for letting your coverage cancel without a new policy in place. And not only will your rates increase, failure to provide proof of insurance can result in a steep fine or even jail time.

Auto insurance companies offer many discounts

Companies offering auto insurance don’t list every possible discount very well, so we break down both the well known and also the lesser-known credits available to bring down your rates.

  • Fewer Miles Equal More Savings – Keeping the miles down on your Mercury could be rewarded with lower rates due to less chance of an accident.
  • Discount for New Cars – Insuring a new car can save up to 30% because newer models keep occupants safer.
  • Passive Restraints – Vehicles equipped with air bags may qualify for discounts of up to 25% or more.
  • Drivers Education – It’s a good idea to have your young drivers participate in a local driver’s education class in school or through a local driver safety program.
  • Seat Belt Usage – Forcing all vehicle occupants to fasten their seat belts could save 15% on medical payment and PIP coverage.

Please keep in mind that most discounts do not apply to the entire cost. Most only reduce the cost of specific coverages such as comp or med pay. Even though the math looks like you could get a free auto insurance policy, it just doesn’t work that way.

Car insurance companies that may offer policyholders most of these discounts include:

Check with every insurance company the best way to save money. A few discounts may not be offered in every state. If you would like to see a list of companies that can offer you the previously mentioned discounts, follow this link.

Do I just need basic coverages?

When buying the best auto insurance coverage, there really is not a perfect coverage plan. Every situation is different and your policy should reflect that. Here are some questions about coverages that might help in determining whether you could use an agent’s help.

  • Is a fancy paint job covered?
  • If my pet gets injured in an accident are they covered?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered if I drive in a foreign country?
  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered if I hit my neighbor’s mailbox?
  • Why do I need rental car insurance?
  • Is a blown tire covered by insurance?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Car insurance coverages for a Mercury Grand Marquis

Having a good grasp of a car insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. Car insurance terms can be impossible to understand and coverage can change by endorsement. These are typical coverage types found on the average car insurance policy.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Mercury Grand Marquis.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Liability

This coverage provides protection from damage or injury you incur to a person or their property by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 which stand for 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. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as pain and suffering, funeral expenses, repair costs for stationary objects and bail bonds. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Collision coverage protection

This covers damage to your Grand Marquis caused by collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like colliding with a tree, backing into a parked car and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Medical expense insurance

Med pay and PIP coverage kick in for expenses for things like EMT expenses, chiropractic care, hospital visits, pain medications and X-ray expenses. They can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive (Other than Collision)

This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hail damage, a broken windshield, damage from flooding and hitting a deer. The highest amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Have the Midas touch

Discount 2005 Mercury Grand Marquis insurance can be bought online and from local agencies, and you should compare rates from both to have the best rate selection. Some insurance companies do not offer internet price quotes and many times these regional carriers sell through independent agencies.

When buying insurance coverage, it’s very important that you do not buy lower coverage limits just to save a few bucks. In too many instances, an accident victim reduced liability coverage limits and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to purchase plenty of coverage at an affordable rate but still have enough coverage for asset protection.

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