2008 Mercury Grand Marquis Car Insurance Quotes – 8 Tips for Best Rates

No one in their right mind looks forward to paying for auto insurance, especially when they could find lower prices if they just compared rates. With people having so many auto insurance companies to choose from, it can be impossible to locate the most cost effective insurance company.

It’s a good idea to get comparison quotes at least once a year since insurance prices are usually higher with each renewal. If you had the best price for Grand Marquis coverage six months ago you may be paying too much now. Block out anything you think you know about auto insurance because you’re about to learn the quickest way to find great coverage at a great price.

The method we recommend to compare car insurance company rates is to know most of the bigger providers actually pay money for the chance to provide you with free rate quotes. All consumers are required to do is give them rating details like your education level, whether you are single or married, how much coverage you want, and the year, make and model of vehicles. That rating information is automatically sent to many different companies and they respond with quotes instantly.

Buyer beware of insurance coverage advertising tricks

Consumers get pounded daily by advertisements for cheaper insurance coverage from the likes of 21st Century, Allstate and State Farm. All the ads try to convey promises that drivers can save some big amount if you change your coverage to them.

How does every insurance coverage company charge you less for car insurance? Here is how they do it.

Different companies give the cheapest rates for the type of customer that is profitable for them. For instance, a profitable customer could be married and over the age of 30, carries full coverage, and has a high credit rating. Anybody who matches those parameters gets the lowest car insurance rates and will also save some money.

People who do not fit these stringent criteria will have to pay higher premiums which translates to business not being written. The trick is to say “people who switch” not “everyone who quotes” save money. That’s why insurance companies can lure you into getting a quote.

Each company has different criteria, so you need to get price quotes at each policy renewal. You cannot predict with any certainty which company will have the lowest rate quotes.

Lower rates by qualifying for these eight discounts

The price of auto insurance can be rather high, but companies offer discounts that could drop your premiums quite a bit. Some of these disounts will be visible when you quote, but once in a while a discount must be specially asked for prior to getting the savings.

  • No Claims – Insureds who avoid accidents and claims have much lower rates compared to accident-prone drivers.
  • Own a Home – Owning your own home or condo can save you money because it is proof of financial responsibility.
  • Telematics Data – Drivers who agree to allow driving data submission to monitor their driving habits by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction as long as the data is positive.
  • Auto/Home Discount – If you have multiple policies with one insurance company you may earn up to 20% off your total premium.
  • Safety Restraint Discount – Drivers who require all occupants to use a seat belt could save 15% off the medical payments premium.
  • Military Deployment Discount – Having a family member in the military could mean lower auto insurance rates.
  • Clubs and Organizations – Joining certain professional organizations is a good way to get lower rates on your policy.
  • Anti-theft Discount – Cars, trucks, and SUVs with anti-theft systems are stolen with less frequency and will save you 10% or more.

Just know that some of the credits will not apply the the whole policy. Most cut the price of certain insurance coverages like liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, companies wouldn’t make money that way.

To view auto insurance companies that offer multiple discounts, follow this link.

Car insurance is unique, just like you

When it comes to choosing the best car insurance coverage, there really is not a cookie cutter policy. Every insured’s situation is different so this has to be addressed. Here are some questions about coverages that may help you determine whether or not you could use an agent’s help.

  • Why am I required to buy liability insurance?
  • Why am I required to get a high-risk car insurance policy?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Do I need special endorsements for business use of my vehicle?
  • Does my car insurance cover rental cars?
  • What companies insure drivers after a DUI or DWI?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Detailed coverages of your insurance policy

Learning about specific coverages of a insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on the average insurance policy.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hail damage, fire damage, a tree branch falling on your vehicle, vandalism and falling objects. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage pays for damage to your Grand Marquis resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as rolling your car, hitting a parking meter, driving through your garage door and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also increase the deductible to bring the cost down.

Liability coverages

This can cover damage that occurs to other’s property or people in an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like pain and suffering, emergency aid and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and damage to your 2008 Mercury Grand Marquis.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Usually the UM/UIM limits are similar to your liability insurance amounts.

Coverage for medical expenses

Med pay and PIP coverage kick in for immediate expenses such as surgery, chiropractic care, X-ray expenses and hospital visits. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

And the best car insurance company is…

As you go through the steps to switch your coverage, it’s not a good idea to reduce coverage to reduce premium. In many cases, someone sacrificed liability coverage limits only to find out that the savings was not a smart move. Your goal should be to get the best coverage possible at an affordable rate, but don’t skip important coverages to save money.

Cheaper 2008 Mercury Grand Marquis insurance can be sourced online and from local insurance agents, and you need to comparison shop both so you have a total pricing picture. Some companies may not provide online rate quotes and these small insurance companies only sell through local independent agents.

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