Cheaper 1993 Mercury Cougar Car Insurance Quotes

No one in their right mind enjoys paying for insurance, especially knowing they are paying too much.

Having so many insurance companies to choose from, it’s nearly impossible to locate the most affordable car insurance company.

Choosing the best insurance company for you is not that difficult. Essentially every driver who is required by state law to have car insurance will most likely be able to find lower rates. But car owners benefit from understanding the way companies market insurance on the web.

More discounts equal less premium

Car insurance companies don’t list all their discounts very clearly, so we break down both the well known and also the lesser-known insurance savings.

  • Save over 55 – If you qualify as a senior citizen, you may qualify for better insurance rates for Cougar coverage.
  • New Car Discount – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Discount for Swiching Early – Some insurance companies reward drivers for signing up prior to your current policy expiration. The savings is around 10%.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Drive Less and Save – Keeping the miles down on your Mercury can earn a substantially lower rate.

Consumers should know that some of the credits will not apply the the whole policy. Most only cut the price of certain insurance coverages like medical payments or collision. Just because you may think adding up those discounts means a free policy, it doesn’t quite work that way.

To see a list of companies with the best insurance discounts, click here to view.

Compare Auto Insurance Costs

The are a couple different ways to get quotes from auto insurance companies in your area. The fastest way to find the lowest 1993 Mercury Cougar rates is to perform an online rate comparison. This can be done using a couple different methods.

  1. The best way to find low rates is a comparison rater form like this one (opens in new window). This easy form prevents you from having to do repetitive form entry for every auto insurance company. Filling out one form will return quotes direct from many companies.
  2. A more difficult way to find lower rates is to manually visit each company website and request a quote. For instance, let’s assume you want rates from State Farm, Esurance and Liberty Mutual. To find out each rate you need to go to every website to input your insurance information, which is why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

  3. The hardest way of getting rate comparisons is driving around to insurance agents’ offices. The ability to buy insurance online has reduced the need for local agents unless you want the professional guidance only provided by licensed agents. Drivers can get the lowest quotes online and get advice from an agent in your area and we’ll talk about that later.

It doesn’t matter which method you choose, just compare identical coverage limits on every quote. If you compare different liability limits you will not be able to decipher which rate is best. Quoting even small variations in insurance coverages may result in a large different in cost. Just keep in mind that comparing more company’s prices gives you a better chance of getting a better price.

It’s not one size fits all

When it comes to buying proper insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that may help highlight if your situation might need an agent’s assistance.

  • Should I waive the damage coverage when renting a car?
  • Am I covered when driving someone else’s vehicle?
  • Does my personal policy cover me when driving out-of-state?
  • Is my 1993 Mercury Cougar covered for smoke damage?
  • How much liability insurance is required?
  • What exactly is covered by my policy?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Parts of your insurance policy

Understanding the coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find the normal coverages offered by insurance companies.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like nursing services, chiropractic care, EMT expenses and dental work. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Mercury Cougar.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Collision coverage – Collision insurance will pay to fix damage to your Cougar from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as hitting a mailbox, rolling your car and backing into a parked car. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible to save money on collision insurance.

Liability coverages – This can cover damage or injury you incur to a person or their property. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

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 liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims like court costs, funeral expenses, repair costs for stationary objects and medical expenses. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Comprehensive (Other than Collision) – This coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like hitting a deer, damage from flooding, hail damage and damage from getting keyed. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

In any little way, save everyday

We covered some good ideas how to reduce 1993 Mercury Cougar insurance prices online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. You may even find the best prices are with a smaller regional carrier. Some small companies may have significantly lower rates on certain market segments compared to the large companies like Allstate, Geico and Progressive.

When you buy insurance online, you should never skimp on critical coverages to save a buck or two. In many cases, drivers have reduced liability limits or collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible at a price you can afford, not the least amount of coverage.

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