2010 Ford Taurus Car Insurance Cost – 6 Tips to Save

I really doubt anyone is fond of buying car insurance, especially when they are aware that the cost is way too high.

Big-name insurance companies like State Farm, Farmers Insurance, Geico and Allstate promote their brand names with ads and it is difficult to see through the cute green geckos and mayhem and take the time to shop coverage around.

It’s a good idea to compare prices yearly because prices change frequently. Even if you think you had the best deal on Taurus insurance at your last renewal there is a good chance you can find better rates now. Forget all the misinformation about car insurance because you’re going to learn the fastest way to find lower rates on car insurance.

If you currently have car insurance, you should be able to cut costs considerably using these methods. Finding the best rates is easy if you know what you’re doing. But vehicle owners must learn how big insurance companies compete online because it can help you find the best coverage.

Pay discount rates these six discounts

Companies do not advertise every discount in an easy-to-find place, so below is a list a few of the more common as well as the least known ways to save on insurance coverage. If you check and find you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Discount for Good Grades – Being a good student could provide a savings of up to 20% or more. This discount can apply until age 25.
  • Bundle and Save – When you combine your auto and homeowners insurance and place coverage with the same company you could get a discount of nearly 15% which can help you find low cost car insurance.
  • Accident Forgiveness – Not a discount per se, but a handful of insurance companies may permit one accident before raising your premiums if you are claim-free for a particular time prior to the accident.
  • Service Members Pay Less – Being on active deployment in the military may qualify for rate reductions.
  • Savings for New Vehicles – Adding a new car to your policy can be considerably cheaper since newer vehicles are generally safer.
  • Homeowners Discount – Being a homeowner can help you save on insurance coverage since home ownership shows financial diligence.

Consumers should know that some credits don’t apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the fact that it seems like you could get a free insurance coverage policy, that’s just not realistic.

A few popular companies and the discounts they provide are detailed below.

  • The Hartford offers discounts including defensive driver, bundle, good student, anti-theft, driver training, and vehicle fuel type.
  • American Family discounts include bundled insurance, TimeAway discount, accident-free, defensive driver, good driver, multi-vehicle, and Steer into Savings.
  • Progressive may include discounts for online quote discount, multi-vehicle, online signing, continuous coverage, and good student.
  • Travelers includes discounts for new car, student away at school, early quote, home ownership, good student, hybrid/electric vehicle, and multi-car.
  • Farmers Insurance may offer discounts for multi-car, alternative fuel, electronic funds transfer, pay in full, switch companies, youthful driver, and distant student.
  • USAA policyholders can earn discounts including military installation, multi-policy, safe driver, good student, defensive driver, multi-vehicle, and vehicle storage.
  • Liberty Mutual may have discounts that include good student, hybrid vehicle, preferred payment discount, newly married, and teen driver discount.

Before purchasing a policy, check with each company or agent to apply every possible discount. Some discounts may not apply to policies in your state. To see companies with the best insurance coverage discounts, click this link.

Special considerations

When choosing the right insurance coverage for your vehicles, there is no best way to insure your cars. Each situation is unique so this has to be addressed. These are some specific questions might help in determining if your insurance needs might need professional guidance.

  • Are all vehicle passengers covered by medical payments coverage?
  • I don’t drive much so do I pay less?
  • Should I sign the liability waiver when renting a car?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I need PIP coverage since I have good health insurance?
  • Exactly who is provided coverage by my policy?
  • Am I covered when driving in Canada or Mexico?
  • How much can I save by bundling my policies?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Can you really save that much by switching?

Auto insurance companies such as Progressive, Allstate and Geico regularly use ads on TV and radio. They all make an identical promise that drivers can save some big amount if you change your policy. How does each company make the same claim? Here is the trick they use.

Most companies have specific characteristics for the type of driver they prefer to insure. A good example of a preferred risk might be over age 30, has no driving citations, and has a high credit rating. A propective insured that meets those criteria will probably get cheap car insurance rates and will most likely save if they switch.

Potential customers who do not match those standards will probably have to pay a more expensive rate and this can result in the customer buying from someone else. If you listen to the ad wording, they say “customers that switch” but not “everyone who gets a quote” will save that much if they switch. That’s why insurance companies can make the claims of big savings.

This really emphasizes why you should get car insurance quotes as often as possible. It’s just too difficult to predict which insurance companies will have the best car insurance rates.

Specific coverage details

Having a good grasp of your policy can help you determine appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverages available from insurance companies.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like doctor visits, ambulance fees, hospital visits and prosthetic devices. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

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

Comprehensive coverage pays for things like damage from flooding, hail damage, a broken windshield, falling objects and hitting a deer. The highest amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability coverages

Liability insurance can cover damage that occurs to a person or their property. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as repair bills for other people’s vehicles, attorney fees, medical expenses, loss of income and court costs. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Ford Taurus.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these limits are similar to your liability insurance amounts.

Coverage for collisions

This coverage pays to fix your vehicle from damage caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as hitting a parking meter, colliding with another moving vehicle, sideswiping another vehicle, sustaining damage from a pot hole and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Don’t break the bank

Cheap 2010 Ford Taurus insurance is possible on the web in addition to local insurance agencies, so you need to shop car insurance with both to have the best rate selection. There are still a few companies who do not offer rate quotes online and most of the time these smaller providers sell through independent insurance agents.

In this article, we covered many ways to get a better price on 2010 Ford Taurus insurance. It’s most important to understand that the more companies you get car insurance rates for, the better chance you’ll have of finding low cost car insurance. Drivers may discover the best rates are with some of the smallest insurance companies. Smaller companies can often insure niche markets at a lower cost compared to the large companies like Allstate, Geico and Progressive.

As you restructure your insurance plan, make sure you don’t reduce needed coverages to save money. There have been many cases where an insured cut liability coverage limits only to regret at claim time that their decision to reduce coverage ended up costing them more. Your goal is to buy the best coverage you can find at the best cost.

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