Have you had enough of being strong-armed to insure your Ford every month? Your situation is no different than many other drivers. Many insurance companies vie for your business, so it can be very hard to choose a company and get the best coverage at the best price available.
If you have a current car insurance policy or are shopping for new coverage, you can use this information to cut your premiums and possibly find even better coverage. Choosing the best insurance company for you is quite easy. Consumers only need an understanding of the proper way to compare price quotes on the web.
Lots of discounts mean lots of savings
Car insurance companies don’t list all available discounts very well, so we took the time to find both the well known as well as the least known savings tricks you should be using. If you don’t get every credit you deserve, you are throwing money away.
- Good Student – Getting good grades can earn a discount of 20% or more. The good student discount can last well after school through age 25.
- Paperwork-free – Some insurance companies will give a small break for buying a policy and signing up on their website.
- Own a Home – Owning a home can save you money due to the fact that maintaining a home demonstrates responsibility.
- Seat Belt Usage – Requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
- Accident Waiver – Certain companies permit an accident before your rates go up so long as you haven’t had any claims for a particular time prior to the accident.
It’s important to note that most of the big mark downs will not be given to the overall cost of the policy. Most only reduce the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears having all the discounts means you get insurance for free, companies don’t profit that way.
To choose insurance companies who offer car insurance discounts, click here.
Which Car Insurance is Cheapest?
Most companies provide coverage price quotes online. The process is pretty painless as you just enter your required coverages into the quote form. After you submit the form their rating system makes automated requests for your driving and credit reports and provides a quote determined by many factors. Online quotes makes comparing rates easy, but the time required to go to each company’s website and repetitively complete many quote forms can be a bit tiresome and repetitive. Unfortunately, it is important to do this if you are searching for the lowest price.
A quicker way to get multiple rate quotes uses one simple form that gets price quotes from several companies at one time. It saves time, helps eliminate reptitive entry, and makes online quotes much easier. Immediately after you send the form, it is quoted and you can choose any or none of the pricing results. If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase the new policy. The whole process takes less than 15 minutes and you will find out if you’re overpaying now.
To fill out one form to compare multiple rates now, click here and complete the simple form. To compare your current rates, we recommend you replicate the insurance coverages as close as possible to your current policy. This ensures you will receive rate comparison quotes for exact coverage.
Why you might be paying too much to insure your Ford Taurus X
It’s important that you understand the rating factors that go into determining car insurance rates. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that can help you get better car insurance rates.
Listed below are a partial list of the pieces used by your company to calculate your rates.
- Performance makes a difference – The type of car you are insuring makes a big difference in the rate you pay. The most favorable rates are for economy passenger vehicles, but the final cost of insurance is determined by many other factors. Due to the fact that the Ford Taurus X is a crossover, rates will be slightly more compared to average rates.
- Are you male or female? – Statistics have proven women tend to be less risk to insure than men. Now that doesn’t mean women are better drivers. Men and women tend to get into accidents in similar percentages, but the male of the species tend to have more serious accidents. Men also tend to get more serious tickets such as DWI and reckless driving.
- Poor driving leads to higher costs – Your driving citation history impacts your car insurance rates tremendously. Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Even a single ticket may increase your cost by twenty percent. Drivers who have severe citations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 form with their state motor vehicle department in order to drive a vehicle legally.
- Having a spouse can save you money – Being married can get you a discount when buying car insurance. Marriage translates into being more mature than a single person and it’s statistically proven that married drivers get in fewer accidents.
- Always keep insurance in force – Driving without insurance is illegal and as a result your rates will increase for letting your insurance lapse. Not only will rates go up, but not being able to provide proof of insurance can result in a revoked license or a big fine.You may then be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
- Occupation reflects on rates – Occupations such as lawyers, architects and dentists tend to have the highest average rates attributed to job stress and lengthy work days. Other professions such as actors, historians and the unemployed receive lower rates for Taurus X coverage.
There’s no such thing as the perfect policy
When choosing the right insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different so your insurance should reflect that For example, these questions might help in determining if you might need an agent’s assistance.
- Do I pay less if my vehicle is kept in my garage?
- What are no-fault laws?
- Do I need added coverage for expensive stereo equipment?
- Do all my vehicles need collision coverage?
- Do I have coverage when using my vehicle for my home business?
- How do I file an SR-22 for a DUI in my state?
- Can I pay claims out-of-pocket if I buy high deductibles?
- If my Ford Taurus X is totaled, can I afford another vehicle?
If you don’t know the answers to these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.
Shop online but buy locally
Some consumers just want to buy from a local agent and that is OK! Educated insurance agents can point out coverage gaps and help in the event of a claim. The biggest benefit of price shopping on the web is the fact that you can find better rates but also keep your business local.
For easy comparison, once you complete this form (opens in new window), your insurance data is emailed to local insurance agents who will compete to get your business. There is no reason to even leave your home since price quotes are sent to the email address you provide. How’s that for easy!
Selecting an insurer should depend on more than just the premium amount. These questions are important to ask:
- Which company do they place the most coverage with?
- Do they have any clout with companies to ensure a fair claim settlement?
- How much can you save by raising your physical damage deductibles?
- Can glass repairs be made at your home?
- Are they properly licensed to sell insurance in your state?
- Who is covered by the car insurance policy?
- Do they specialize in personal lines coverage?
The different types of insurance agents
When looking for a reputable insurance agent or broker, you must know there are a couple different agency structures that you can select. Insurance agencies can either be captive or independent. Both insure your vehicles, but it’s worth mentioning the differences since it can impact the type of agent you choose
Captive Insurance Agents
Captive agents can only place business with one company and some examples include Farmers Insurance or State Farm. They generally cannot place coverage with different providers so keep that in mind. They receive extensive training on their company’s products which helps them sell insurance even at higher premiums.
Independent Agencies or Brokers
Independent insurance agents do not work for one specific company but instead can place your coverage with multiple insurance companies and possibly get better coverage at lower prices. To move your coverage to a new company, your agent can switch companies and you don’t have to find a new agent. When comparison shopping, it’s a good idea to include price quotes from multiple independent agents to ensure the widest selection of prices.
To view a full list of insurance agents, visit this site.
Upon receiving answers to your satisfaction to your questions and a low price estimate, you may have just found an auto insurance agent that will properly service your car insurance policy.
More effort can pay off
In this article, we covered quite a bit of information on how to lower your Ford Taurus X insurance rates. The key thing to remember is the more times you quote, the higher the chance of saving money. Consumers may even find the best prices are with a small mutual company. These companies may only write in your state and offer lower rates as compared to the big name companies such as Allstate, GEICO and Progressive.
As you shop your coverage around, you should never sacrifice coverage to reduce premiums. In many instances, an accident victim reduced physical damage coverage and learned later that the small savings ended up costing them much more. Your aim should be to purchase plenty of coverage at the best price.
