Trying to find lower insurance coverage rates for your Mercury Grand Marquis? Feel like you’re a prisoner to overpriced insurance coverage? Trust us when we tell you you are not the only one feeling buyer’s remorse.
Big companies like GEICO, Progressive and Allstate all claim big savings with fancy advertisements and it can be hard to separate fact from fiction and find the best price available.
Consumers need to have an understanding of the rating factors that play a part in calculating the price you pay for insurance coverage. Having a good understanding of what controls the rates you pay helps enable you to make changes that will entitle you to much lower annual insurance costs.
When shopping for auto insurance there are multiple ways to compare rate quotes from local auto insurance companies. By far the easiest way to compare 1993 Mercury Grand Marquis insurance prices consists of obtaining rate quotes online. This can be done in a couple of different ways.
It’s up to you how you get prices quotes, just compare exactly the same coverage limits with each company. If you use different limits and deductibles on each one it’s impossible to make an equal comparison. Having just a slight variation in insurance coverages can result in a big premium difference. And when quoting auto insurance, remember that having more price comparisons provides better odds of finding the best price.
Car insurance is not cheap, but there could be available discounts to help offset the cost. Most are applied at quote time, but a few must be requested specifically before you get the savings.
As a disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. Most only apply to individual premiums such as liability and collision coverage. So when it seems like all those discounts means the company will pay you, it doesn’t quite work that way. But all discounts will cut the cost of coverage.
A partial list of companies that may offer these money-saving discounts include:
Before buying, ask each company what discounts are available to you. Some discounts might not apply everywhere.
When it comes to buying proper insurance coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different so this has to be addressed. For instance, these questions might help in determining if your situation may require specific advice.
If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.
Understanding the coverages of insurance can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages found on most insurance policies.
Coverage for liability
Liability coverage can cover damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is a combined limit which limits claims to one amount rather than limiting it on a per person basis.
Liability can pay for things such as medical expenses, funeral expenses, repair costs for stationary objects and loss of income. How much coverage you buy is a personal decision, but buy as much as you can afford.
Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as fire damage, hitting a bird, damage from a tornado or hurricane and rock chips in glass. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Medical expense coverage
Coverage for medical payments and/or PIP reimburse you for bills for things like pain medications, ambulance fees, chiropractic care and rehabilitation expenses. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Uninsured or underinsured coverage
This provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Mercury Grand Marquis.
Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these limits do not exceed the liability coverage limits.
This coverage covers damage to your Grand Marquis resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers claims such as crashing into a building, damaging your car on a curb, rolling your car and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.
In this article, we covered a lot of information how to shop for 1993 Mercury Grand Marquis insurance online. The key thing to remember is the more times you quote, the better likelihood of reducing your rate. You may be surprised to find that the best price on insurance coverage is with some of the smallest insurance companies. They may cover specific market segments cheaper than their larger competitors like GEICO and State Farm.
When you buy insurance online, don’t be tempted to buy less coverage just to save a little money. In many cases, an insured cut uninsured motorist or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy enough coverage at an affordable rate while not skimping on critical coverages.
More tips and info about insurance coverage is available in these articles: