2012 Ford Taurus Insurance Rates

Looking for lower insurance coverage rates for your Ford Taurus? Feel like you have an expensive insurance coverage policy? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out. Numerous car insurance companies battle to insure your vehicles, so it can be very hard to choose a company to find the lowest cost out there.

Consumers need to do rate comparisons on a regular basis because insurance prices change quite often. Despite the fact that you may have had the best deal for Taurus coverage last year you can probably find a better rate quote now. There are lots of tips to save on insurance coverage on the internet, but we’re going to give you some of the best ways to find cheap insurance coverage.

Compare insurance rates

Most of the larger companies provide insurance quotes direct online. Doing online quotes is possible for anyone as all you need to do is type in your required coverages on the page. After you submit the form the company’s rating system automatically orders information on your driving record and credit history and generates pricing information determined by many factors. This makes it easy to compare insurance prices but the time required to go to different websites and type in the same information is repetitive and time-consuming. But it’s also necessary to have as many quotes as possible if you want to find better insurance pricing.

The quickest way to compare rates requires only one form to return rates from several different companies. This type of form saves time, reduces the work, and makes rate comparisons a lot less work. As soon as you send your information, it gets priced and you can choose any of the returned quotes.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the policy. It can be completed in a matter of minutes and can result in significant savings.

To quickly fill out one form to compare multiple rates now, click here to open in new window and begin entering your coverage information. If you have your current policy handy, we recommend you copy the insurance coverages exactly as shown on your declarations page. This helps ensure you will get a price comparison for similar insurance coverage.

Well known brands might not be cheapest

Drivers constantly see and hear ads for cheaper insurance coverage from companies such as State Farm, Allstate and Geico. All the ads make the same claim about how much you will save if you get a free car insurance quote and switch your insurance coverage policy to them.

How does each company make the same claim? This is the trick they use.

Insurance providers give the cheapest rates for the driver they prefer to insure. A good example of a profitable risk profile could be between the ages of 30 and 45, has few claims, and the vehicle is rated for pleasure use. Any new insured that matches those criteria will qualify for the lowest prices and is almost guaranteed to cut their rates substantially.

Drivers who fall short of these criteria will be charged a higher premium and this can result in the prospect going elsewhere. The ad wording is “people that switch” not “everyone who quotes” save money. That is how companies can lure you into getting a quote.

This really illustrates why drivers should compare quotes as often as possible. You cannot predict with any certainty which company will provide you with the cheapest car insurance rates.

Get cheap insurance costs by understanding these factors

The best way to find cheaper insurance is to take a look at some of the factors that are used to determine the level of your policy premiums. If you have some idea of what controls the rates you pay, this allows you to make educated decisions that could help you find lower insurance prices.

  • Combine policies and save money – The majority of insurance companies give better rates to people who carry more than one policy such as combining an auto and homeowners policy. Even though this discount sounds good, you may still want to compare other insurance prices to make sure you are getting the best deal.
  • Occupation and insurance rates – Jobs such as military generals, social workers and dentists generally have higher rates than the rest of us due to intense work requirements and incredibly demanding work hours. Other professions such as professors, engineers and the unemployed pay the least for Taurus coverage.
  • Save money by raising physical damage deductibles – Physical damage protection, termed comprehensive and collision coverage on your policy, is used to repair damage to your vehicle. Some examples of claims that would be covered are running into the backend of another car, hail damage, or theft. Comprehensive and collision coverage deductibles define the amount you are willing to pay if you file a covered claim. The more of the claim you choose to pay out-of-pocket, the lower your rates will be for Taurus coverage.
  • Vehicle theft costs us all – Owning a car with a theft deterrent system can save you a little every year. Advanced theft deterrents like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart car theft.
  • High credit score translates to low prices – Having a bad credit score is a big factor in calculating your premium rate. Insureds that have very good credit scores tend to file fewer claims and have better driving records than those with lower credit ratings. If your credit score can be improved, you may save money insuring your 2012 Ford Taurus by spending a little time repairing your credit.
  • Male costs may be higher – Statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that males are worse at driving than females. Women and men cause fender benders in similar percentages, but men tend to have higher claims. In addition to higher claims, males also get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly.
  • Rates increase with driving citations – Even one ticket may cause rates to rise forty percent or more. Attentive drivers get better rates than bad drivers. Drivers with severe citations like reckless driving or DUI may be required to complete a SR-22 with their state motor vehicle department in order to prevent a license revocation.

Insurance policy discounts you can’t miss

Insurance is expensive, but you may be missing some discounts that can help lower your rates. Some trigger automatically at the time of quoting, but less common discounts must be requested specifically prior to getting the savings.

  • Good Grades Discount – Performing well in school can save 20 to 25%. The good student discount can last up to age 25.
  • Discounts for Multiple Vehicles – Buying insurance for multiple cars or trucks on a single policy could earn a price break for each car.
  • Save over 55 – Mature drivers may qualify for a slight reduction on a car insurance quote for Taurus coverage.
  • Life Insurance Discount – Insurance companies who offer life insurance give a break if you buy a life policy as well.
  • Driver’s Ed – Have your child enroll in driver’s education as it can save substantially.
  • Homeowners Savings – Being a homeowner may trigger a policy discount on insurance due to the fact that maintaining a home is proof that your finances are in order.
  • New Vehicle Savings – Buying coverage on a new vehicle can save you some money since new model year vehicles are generally safer.
  • Low Mileage Discounts – Low mileage vehicles could qualify for lower rates due to less chance of an accident.
  • Waiver for an Accident – Not necessarily a discount, but companies like Allstate and State Farm will turn a blind eye to one accident before raising your premiums with the catch being you have to be claim-free prior to the accident.
  • Payment Method – By paying your entire bill at once instead of paying each month you may have a lower total premium amount.

We need to note that most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like comp or med pay. Even though the math looks like you could get a free insurance policy, nobody gets a free ride.

A few of the larger companies and a partial list of their discounts include:

  • Esurance has discounts for homeowner, good driver, anti-lock brakes, online quote, good student, multi-car, and DriveSense.
  • The Hartford discounts include good student, defensive driver, driver training, vehicle fuel type, and air bag.
  • AAA may offer discounts for education and occupation, good student, anti-theft, multi-policy, pay-in-full, and AAA membership discount.
  • Geico policyholders can earn discounts including anti-theft, federal employee, seat belt use, emergency military deployment, driver training, good student, and anti-lock brakes.
  • State Farm may have discounts that include safe vehicle, multiple policy, good driver, accident-free, and driver’s education.

It’s a good idea to ask every prospective company to give you their best rates. Savings may not apply to policies in every state.

Insurance agents can help

When it comes to choosing coverage, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions might help in determining if your situation could use an agent’s help.

  • How high should my uninsured/underinsured coverage be in my state?
  • Do I need special endorsements for business use of my vehicle?
  • Am I covered when driving a rental car?
  • What is an SR-22 filing?
  • Is a fancy paint job covered?
  • Am I covered if I crash into my own garage door?
  • What if I owe more than I can insure my car for?
  • What vehicles should carry emergency assistance coverage?
  • Am I covered when driving on a suspended license?
  • Should I bundle my homeowners policy with my auto?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Car insurance policy coverages for a Ford Taurus

Knowing the specifics of your policy helps when choosing appropriate coverage and proper limits and deductibles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on most car insurance policies.

Liability car insurance – This provides protection from injuries or damage you cause to a person or their property in an accident. It protects you against claims from other people, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as medical services, bail bonds and medical expenses. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Ford Taurus.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as chiropractic care, pain medications, doctor visits and hospital visits. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive coverages – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as fire damage, damage from flooding, theft and vandalism. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision coverages – Collision insurance will pay to fix damage to your Taurus from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as scraping a guard rail, damaging your car on a curb, colliding with another moving vehicle, backing into a parked car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

You can do this!

Cheaper car insurance is definitely available on the web as well as from independent agents, so get free car insurance quotes from both of them to have the best rate selection. Some insurance companies may not provide online quoting and many times these smaller providers prefer to sell through local independent agents.

We’ve covered many tips how you can get a better price on 2012 Ford Taurus insurance. The most important thing to understand is the more providers you compare, the better likelihood of getting inexpensive car insurance. You may be surprised to find that the lowest premium rates come from a small mutual company. These companies often have lower prices on specific markets than the large multi-state companies such as Geico and State Farm.

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