How Much Does 1993 Mercury Tracer Insurance Cost?

Shopping online for insurance can be difficult if you’ve never compared online quotes. But don’t be discouraged because finding affordable coverage online is easier than you think.

You should make it a habit to compare prices periodically because rates are usually higher with each renewal. Just because you had the lowest price on Tracer insurance last year a different company probably has better rates today. Block out anything you think you know about insurance because I’m going to let you in on the secrets to the easiest way to find great coverage at a great price.

Finding affordable coverage is quite easy. If you are paying for car insurance now, you will be able to reduce your rates substantially using these tips. Although car owners do need to understand the way insurance companies compete online and use this information to your advantage.

Are you getting all your discounts?

Companies that sell car insurance don’t always advertise every discount very clearly, so we researched some of the best known and the harder-to-find discounts you could be receiving.

  • Organization Discounts – Belonging to a civic or occupational organization could trigger savings when shopping for car insurance on Tracer insurance.
  • Seat Belts Save more than Lives – Requiring all passengers to use their safety belts could save 15% off the personal injury premium cost.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
  • Life Insurance Discount – Select insurance companies reward you with lower rates if you buy life insurance.
  • Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Passive Restraints and Air Bags – Cars that have air bags and/or automatic seat belt systems can qualify for discounts up to 30%.

A little note about advertised discounts, some credits don’t apply the the whole policy. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like you would end up receiving a 100% discount, you won’t be that lucky.

Car insurance companies that may offer these discounts include:

Before buying, ask each insurance company which discounts you may be entitled to. Some discounts may not apply in your area.

Elements that influence Mercury Tracer insurance rates

Smart consumers have a good feel for the different types of things that help determine insurance rates. When you know what positively or negatively influences your rates helps enable you to make changes that will entitle you to better insurance rates.

The following are some of the factors that factor into prices.

  • Bad driving skills means higher rates – Whether or not you get tickets has a lot to do with how much you pay for insurance. Only having one ticket can bump up the cost forty percent or more. Drivers who don’t get tickets tend to pay less for car insurance than bad drivers. Drivers with serious tickets such as DUI or reckless driving are required to file a SR-22 with their state DMV in order to continue driving.
  • Choose a safe vehicle and save – Vehicles with high crash test scores are cheaper to insure. Safer cars result in less severe injuries and better occupant protection means less money paid by your insurance company and lower rates for you. If your Mercury is rated at least four stars on Safercar.gov it may be receiving lower rates.
  • Your insurance rates can be influenced by your job – Did you know your occupation can influence how much you pay for insurance? Occupations such as lawyers, business owners and financial analysts tend to pay higher average rates attributed to high stress and lengthy work days. Conversely, occupations like farmers, engineers and performers have the lowest average rates on Tracer insurance.
  • Bundling policies can get discounts – Most insurance companies will award you with lower prices to policyholders who consolidate policies with them. It’s known as a multi-policy discount. Discounts can add up to ten or even up to twenty percent in some cases. Even with this discount, it’s in your best interest to shop around to ensure the best deal.
  • Your spouse saves you money – Having a wife or husband actually saves money on your policy. Marriage is viewed as being more mature and responsible it has been statistically shown that being married results in fewer claims.
  • Low deductibles can be expensive – Deductibles for physical damage define the amount you are willing to pay before a claim is paid by your company. Physical damage coverage, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some examples of claims that would be covered would be running into the backend of another car, collision with an animal, or theft. The more money the insured has to pay upfront, the less your company will charge you for insurance on Tracer insurance.

Tailor your coverage to you

When choosing the right insurance coverage for your vehicles, there is no best way to insure your cars. Each situation is unique.

These are some specific questions may help highlight if your insurance needs might need professional guidance.

  • Does having multiple vehicles earn me a discount?
  • Are rental cars covered under my policy?
  • When do I need to add a new car to my policy?
  • How much liability insurance is required?
  • When can I cancel my policy?
  • Is my dog or cat covered if injured in an accident?
  • Are all vehicle passengers covered by medical payments coverage?
  • Do I pay less for low miles?
  • Will filing a claim cost me more?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form.

Car insurance specifics

Having a good grasp of your car insurance policy can be of help when determining appropriate coverage for your vehicles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your 1993 Mercury Tracer.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Collision protection

This coverage will pay to fix damage to your Tracer from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a building, hitting a parking meter, sustaining damage from a pot hole and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Comprehensive coverages

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from getting keyed, hitting a bird, a broken windshield and damage from a tornado or hurricane. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability car insurance

This protects you from injuries or damage you cause to a person or their property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims such as structural damage, court costs, medical expenses, legal defense fees and loss of income. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

Coverage for medical payments

Med pay and PIP coverage kick in for bills like nursing services, surgery, ambulance fees, EMT expenses and rehabilitation expenses. They are used in conjunction with a health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

In conclusion

Budget-conscious 1993 Mercury Tracer insurance can be sourced from both online companies and with local insurance agents, so you should be comparing quotes from both to have the best rate selection. A few companies do not offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

When trying to cut insurance costs, never skimp on critical coverages to save a buck or two. In many instances, an insured cut uninsured motorist or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase plenty of coverage at a price you can afford, not the least amount of coverage.

In this article, we covered a lot of ways to lower your insurance rates. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may be surprised to find that the best price on insurance coverage is with a company that doesn’t do a lot of advertising.

Additional detailed information can be found at these sites: