How Much Does 1994 Ford Crown Victoria Car Insurance Cost?

Overpriced Ford Crown Victoria insurance can take a big chunk out of your personal savings and make it impossible to make ends meet. Doing a price comparison is free, only takes a few minutes, and is a good way to lower your monthly bill. Popular companies such as Geico, Progressive and Allstate persitently shower you with catchy ads and it can be hard to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.

If you have a current insurance coverage policy or need a new policy, you will benefit by learning to cut your premiums and still get good coverage. Choosing the best insurance company for you is quite easy. Vehicle owners just need to understand the best way to buy insurance coverage on the web.

Factors determining your Ford Crown Victoria insurance premium

It’s important that you understand some of the elements that help determine the rates you pay for auto insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that could result in much lower annual insurance costs.

The following are a few of the “ingredients” used by your company to calculate premiums.

  • More people means more accidents – Residing in small towns and rural areas has it’s advantages when buying auto insurance. Fewer people translates into fewer accidents. City drivers tend to have congested traffic and longer commute times. Longer commute distances translates into higher accident risk.
  • Are you male or female? – The statistics show that men are more aggressive behind the wheel. However, don’t assume that men are WORSE drivers than women. Men and women have accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations like DUI and reckless driving.
  • Teen drivers pay high rates – Older drivers are more responsible, tend to cause fewer accidents and are safer drivers. Teen drivers tend to be careless and easily distracted behind the wheel and because of this, their auto insurance rates are much higher.
  • Your stress level may be raising your rates – Occupations like lawyers, business owners and accountants have higher rates than average in part from high stress and lengthy work days. On the flip side, professions such as farmers, athletes and the unemployed get better rates for Crown Victoria insurance.
  • Always keep insurance in force – Allowing your auto insurance policy to lapse will be a quick way to bump up your auto insurance costs. Not only will you pay more, getting caught without coverage might get you a revoked license or a big fine.You may need to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
  • Extra coverages can waste money – There are many add-on coverages that you can buy if you aren’t careful. Insurance for roadside assistance, towing coverage and term life insurance are examples of these. They may seem good initially, but if they’re wasting money eliminate the coverages to reduce your premium.

Save with discounts on Ford Crown Victoria insurance

Insuring your fleet can be pricey, but you can get discounts to help bring down the price. Certain discounts will be triggered automatically at the time of quoting, but lesser-known reductions have to be manually applied before being credited. If you’re not getting every credit you deserve, you are paying more than you should be.

  • Payment Discounts – If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
  • Seat Belts Save – Buckling up and requiring all passengers to use their safety belts can save up to 15% off the personal injury premium cost.
  • Clubs and Organizations – Belonging to a civic or occupational organization may earn a discount when buying car insurance for Crown Victoria insurance.
  • Defensive Driver – Completing a defensive driving course could possibly earn you a 5% discount if you qualify.
  • Accident Forgiveness – Certain companies allow you one accident before raising your premiums if you are claim-free for a set time period.
  • Sign Early and Save – A few companies offer discounts for switching to them before your current expiration date. It can save you around 10%.
  • Air Bag Discount – Vehicles with factory air bags can qualify for discounts up to 30%.
  • Auto/Home Discount – If you insure your home and vehicles with one company you could get a discount of up to 20% off your total premium.

As a disclaimer on discounts, most discount credits are not given to the entire policy premium. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, you won’t be that lucky. But any discount will cut the cost of coverage.

To see a list of insurance companies with discount car insurance rates, follow this link.

Don’t believe everything you hear

Consumers constantly see and hear ads for cheaper car insurance from companies such as Progressive, Geico, Allstate and State Farm. They all seem to have a common claim of big savings if you switch your policy.

But how can every company make almost identical claims?

All companies have a certain “appetite” for the right customer they prefer to insure. For example, a desirable insured could be between the ages of 30 and 50, has no prior claims, and drives newer vehicles. A customer getting a price quote who fits that profile gets the lowest rates and most likely will cut their rates substantially.

Consumers who don’t meet the requirements must pay a more expensive rate which usually ends up with the customer not buying. Company advertisements say “people who switch” not “everyone that quotes” save that much money. That is how insurance companies can confidently make those claims.

This illustrates why drivers should get a wide range of price quotes. Because you never know which insurance company will fit your personal profile best.

Tailor your coverage to you

When choosing the right insurance coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different so your insurance should reflect that For instance, these questions might help in determining whether you might need professional guidance.

  • Can I rate high risk drivers on liability-only vehicles?
  • Are split liability limits better than a combined single limit?
  • What is an SR-22 filing?
  • What happens if I owe more than my 1994 Ford Crown Victoria is worth?
  • What can I do if my company won’t pay a claim?
  • Am I covered when driving on a suspended license?
  • Why is insurance for a teen driver so high?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Detailed coverages of your insurance policy

Learning about specific coverages of your insurance policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on most insurance policies.

Comprehensive auto coverage

This will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hail damage, a broken windshield, theft, falling objects and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability

This coverage protects you from damage that occurs to other people or property. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like court costs, funeral expenses and loss of income. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Collision protection

This covers damage to your Crown Victoria from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things such as colliding with a tree, colliding with another moving vehicle and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like funeral costs, EMT expenses, pain medications, chiropractic care and rehabilitation expenses. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Usually the UM/UIM limits are identical to your policy’s liability coverage.

More choices the merrier

Low-cost 1994 Ford Crown Victoria insurance is attainable both online and also from your neighborhood agents, so you should be comparing quotes from both to have the best chance of lowering rates. A few companies may not provide online price quotes and most of the time these small insurance companies sell through independent agents.

We covered a lot of ways to get a better price on insurance. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from some of the smallest insurance companies. These companies may have significantly lower rates on certain market segments as compared to the big name companies such as Progressive and Geico.

More detailed insurance coverage information is available at these sites: