1990 Mercury Cougar Car Insurance Cost – 5 Policy Discounts

Trying to find cheaper insurance for your Mercury Cougar can turn out to be difficult, but you can learn the following methods to find lower rates. There are both good and bad ways to shop for car insurance and you need to know the quickest way to quote coverages on a Mercury and find the lowest price either online or from local insurance agents.

Compare Quotes for Auto Insurance

Shopping for lower auto insurance rates can be challenging if you don’t utilize the fastest way to get free quotes. You can waste a few hours (or days) talking to agents in your area, or you could use online quoting to achieve your goal.

Many of the larger companies participate in an industry program where prospective buyers only type in their quote data once, and at least one company can give them a price. This prevents consumers from doing form submissions for each company you want a rate for.

To participate in this free quote system, click here (opens in new window).

The only downside to pricing coverage this way is that consumers can’t choose which carriers to get quotes from. If you would rather choose from a list of companies to receive pricing from, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just be sure to compare the exact same coverage limits for each price quote. If you use differing limits it’s impossible to determine the best price for your Mercury Cougar.

Save $394 a year. For real?

Drivers get pounded daily by advertisements that promise big savings by Allstate and Progressive. All the ads make the same claim about savings if you switch to their company.

How do they all say the same thing?

Insurance companies can use profiling for the type of driver that earns them a profit. A good example of a profitable customer might be profiled as between 30 and 50, a clean driving record, and drives less than 7,500 miles a year. A propective insured who matches those parameters gets the lowest rates and most likely will save quite a bit of money when switching.

Potential insureds who don’t meet this ideal profile will have to pay higher rates and this can result in the driver buying from a lower-cost company. Company advertisements say “customers who switch” but not “drivers who get quotes” save money. That’s why insurance companies can confidently make the claims of big savings. Because of the profiling, it is so important to get as many comparisons as possible. It’s not possible to predict which company will have the lowest Mercury Cougar insurance rates.

Discounts on Mercury Cougar insurance

Companies offering auto insurance don’t list all their discounts very well, so the following is a list of both the well known and the harder-to-find ways to save on auto insurance. If you don’t get every credit you deserve, you are throwing money away.

  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
  • Bundle and Save – When you combine your home and auto insurance with one company you may save approximately 10% to 15%.
  • Discount for Life Insurance – Some companies give lower rates if you buy life insurance from them.
  • Homeowners Savings – Simply owning a home can save you money because owning a home shows financial diligence.
  • Student in College – Youth drivers living away from home attending college without a vehicle on campus may be able to be covered for less.

Consumers should know that some credits don’t apply to the entire cost. A few only apply to the cost of specific coverages such as medical payments or collision. So even though they make it sound like you could get a free auto insurance policy, it doesn’t quite work that way.

Insurance companies that may have these money-saving discounts are:

Check with every prospective company what discounts are available to you. Some discounts may not apply everywhere.

Tailor your coverage to you

When buying the best car insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Everyone’s situation is unique.

For example, these questions may help highlight whether or not you might need professional guidance.

  • Is my Mercury Cougar covered if I use it for business?
  • Should I waive the damage coverage when renting a car?
  • Do I need rental car coverage?
  • Does insurance cover damages from a DUI accident?
  • Are rental cars covered under my policy?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is my teenager covered with friends in the car?
  • Is extra glass coverage worth it?
  • How much liability do I need to cover my assets?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and may give you better protection.

Coverages available on your policy

Understanding the coverages of your policy aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Liability coverage – Liability coverage protects you from damages or injuries you inflict on a person or their property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as pain and suffering, court costs and medical expenses. How much coverage you buy is your choice, but you should buy as much as you can afford.

Comprehensive protection – This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims like hail damage, damage from getting keyed, a tree branch falling on your vehicle, vandalism and rock chips in glass. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as dental work, surgery, hospital visits, EMT expenses and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Collision – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like damaging your car on a curb, backing into a parked car, colliding with another moving vehicle and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 1990 Mercury Cougar.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Stretch your dollar

Drivers leave their current company for a variety of reasons including questionable increases in premium, delays in responding to claim requests, extreme rates for teen drivers and even lack of trust in their agent. Regardless of your reason, choosing a new company can be less work than you think.

You just learned quite a bit of information on how to lower your 1990 Mercury Cougar insurance rates. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. You may be surprised to find that the biggest savings come from a smaller regional carrier.

When trying to cut insurance costs, never buy poor coverage just to save money. Too many times, an accident victim reduced liability coverage limits and found out when filing a claim they didn’t purchase enough coverage. Your focus should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

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