2009 Ford Taurus X Insurance Cost

Paying for pricey Ford Taurus X insurance can overdraw your bank account and put a big crunch on your finances. Comparing rate quotes is recommended to lower your bills every month.

Big companies like State Farm, Farmers Insurance, Geico and Allstate all claim big savings with fancy advertisements and consumers find it hard to sift through the bull and do the work needed to find the best deal.

If you have a current insurance policy or need a new policy, you can follow these tips to get lower rates and possibly find even better coverage. Buying car insurance is quite easy. Drivers just need to understand the proper methods to compare company rates online.

Which car insurance is cheapest?

There are several ways to compare car insurance quotes, but some are less labor-intensive and much quicker. You can waste hours talking about coverages with insurance companies in your area, or you could save time and use the internet to get prices fast.

The majority of car insurance companies belong to a marketplace that enables customers to send in one quote, and each participating company can give them a price determined by their information. This eliminates the need for quote forms for every car insurance company.

To find out what other companies charge click here to open in new window.

One minor caviat to using this type of system is that you can’t choose the companies to get pricing from. So if you want to select from a list of companies to receive pricing from, we put together a list of car insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just compare identical coverages with every price quote. If the quotes have mixed coverages you can’t possibly get a fair rate comparison.

Car insurance discounts help reduce rates

Not too many consumers would say car insurance is affordable, but you might be missing out on some discounts that may help make it more affordable. Some trigger automatically when you complete an application, but some must be requested specifically in order for you to get them.

  • Multiple Policy Discount – When you combine your homeowners and auto insurance with the same company they may give you a discount of up to 20% and get you affordable insurance.
  • Discount for Home Ownership – Being a homeowner may trigger a policy discount on car insurance because owning a home requires a higher level of personal finance.
  • Defensive Driver Discount – Passing a class that teaches defensive driving techniques could cut 5% off your bill and easily recoup the cost of the course.
  • Safety Restraint Discount – Drivers who always wear seat belts and also require passengers to buckle up can save up to 15% off the PIP or medical payment premium.
  • Air Bags and Passive Restraints – Vehicles with factory air bags or motorized seat belts can receive discounts of 20% or more.
  • ABS Brakes – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.

Consumers should know that most credits do not apply the the whole policy. A few only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, companies don’t profit that way.

Some companies who might offer these benefits possibly include:

If you are trying to find inexpensive insurance quotes, ask all the companies the best way to save money. Some of the earlier mentioned discounts might not apply everywhere. To choose providers that offer multiple discounts, click here.

What determines Ford Taurus X insurance premiums?

Lots of factors are part of the equation when you quote your car insurance policy. Some factors are common sense like an MVR report, but other criteria are less apparent like your continuous coverage or your financial responsibility.

The list below includes a few of the “ingredients” car insurance companies consider when setting your prices.

  • Reduce premiums by driving safer cars – Safer cars tend to be cheaper to insure. Highly rated vehicles help reduce the chance of injuries in an accident and reduced instances of injuries means less claims paid and thus lower rates. If your Ford has at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Better drivers pay less – Your driving citation history has a lot to do with how much you pay for insurance. Even a single moving violation can increase rates substantially. Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Drivers with license-revoking violations such as DUI, reckless driving or excessive speeding may find they need to submit a SR-22 form with their state in order to prevent their license from being revoked.
  • Women pay lower prices – Statistics demonstrate that females tend to be a little less risky than males. However, don’t assume that men are WORSE drivers than women. They both cause auto accidents in similar numbers, but the males cause more damage. Not only that, but men also get higher numbers of serious violations like driving under the influence (DUI). Male teenagers tend to get in the most accidents and therefore pay the highest rates.
  • Don’t let your car insurance policy lapse – Having a lapse in insurance coverage is a guaranteed way to increase your car insurance rates. Not only will rates go up, being ticketed for driving with no insurance may result in a license revocation or jail time.
  • How credit score affects car insurance costs – Credit score can be a huge factor in determining premium rates. Drivers with high credit ratings tend to file fewer claims as compared to drivers with worse credit. So if your credit rating is lower than you’d like, you could be paying less to insure your 2009 Ford Taurus X by taking the time to improve your credit score.
  • Urban areas may pay more – Having an address in less populated areas of the country may provide you with better prices if you are looking for the lowest rates. Urban drivers have to deal with more auto accidents and longer commutes to work. Fewer drivers and short commutes translates into fewer accidents and lower theft and vandalism rates.
  • Older drivers save more – Teenage drivers have a tendency to be less responsible behind the wheel so they pay higher car insurance rates. Older drivers have been proven to be more responsible, file fewer claims and are safer drivers.

Which is the best auto insurance?

When choosing proper insurance coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s needs are different so this has to be addressed. These are some specific questions may help highlight if you would benefit from professional advice.

  • Am I covered if I drive in a foreign country?
  • What is roadside assistance coverage?
  • Do I have coverage when using my vehicle for my home business?
  • Why is insurance for a teen driver so high?
  • Does my 2009 Ford Taurus X qualify for pleasure use?
  • Is my nanny covered when driving my vehicle?
  • Exactly who is provided coverage by my policy?
  • Is my ex-spouse still covered by my policy?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Buyer beware of car insurance advertising tricks

Consumers can’t get away from all the ads for cheaper car insurance from the likes of Allstate, Geico and Progressive. All the ads make the same claim about saving some big amount just by moving your coverage to them.

It sounds good, but how can they all give you a better price? Here is the trick they use.

Different companies quote their cheapest rates for the type of driver that will generate a profit. A good example of this type of insured might be a mature driver, has a low-risk occupation, and has excellent credit. Anyone who meets those qualifications will probably get the lowest premium rates and will also save a lot if they switch.

Potential insureds who fall outside these criteria will be charged more expensive rates which translates to the customer not purchasing. If you listen closely, the ads state “customers that switch” not “all people who quote” can save as much as they claim. That’s why insurance companies can confidently make it sound like they have such great premium rates. This really drives home the point why you really should compare rate quotes every year. It’s just too difficult to predict which insurance companies will have the best auto insurance rates.

Specific coverage details

Knowing the specifics of your policy can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Below you’ll find the usual coverages found on most insurance policies.

Collision coverage

Collision coverage pays for damage to your Taurus X caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sideswiping another vehicle, driving through your garage door, colliding with a tree, damaging your car on a curb and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Ford Taurus X.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Comprehensive insurance

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like fire damage, a broken windshield, theft, damage from a tornado or hurricane and vandalism. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability auto insurance

This provides protection from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you from legal claims by others. It does not 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 commonly see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against claims like bail bonds, structural damage and medical services. How much liability coverage do you need? That is a decision to put some thought into, but buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for bills for prosthetic devices, nursing services, pain medications and hospital visits. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

More comparisons equals lower rates

As you prepare to switch companies, it’s not a good idea to sacrifice coverage to reduce premiums. In too many instances, someone sacrificed liability coverage limits to discover at claim time that they should have had better coverage. The aim is to get the best coverage possible at the best cost while still protecting your assets.

We’ve covered many tips how you can lower your 2009 Ford Taurus X insurance car insurance rates. The most important thing to understand is the more companies you get premium rates for, the higher your chance of finding affordable insurance. Drivers may discover the best price on insurance is with a small mutual company. Smaller companies may only write in your state and offer lower premium rates as compared to the big name companies such as State Farm or Progressive.

For more information, link through to the resources below: