How Much Does 1995 Mercury Grand Marquis Car Insurance Cost?

Searching for the cheapest car insurance rates for your Mercury Grand Marquis? Price shopping your car insurance can seem to be a challenge for beginners to buying insurance online. You have so many choices that it can turn into a big hassle to compare prices.

Which Insurance Coverage is Cheapest?

When shopping for insurance coverage there are multiple ways of comparing rate quotes and find the best price. The best way to find competitive 1995 Mercury Grand Marquis insurance rates is to get quotes online. This can be done in several different ways.

One of the best ways to find low rates would be an industry-wide quote request form click to view form in new window. This method eliminates the need for multiple quote forms to each individual insurance coverage company. Taking the time to complete one form will get you rate comparisons from many national carriers. This is perfect if you don’t have a lot of time.

A harder way to compare prices consists of going to the website for every company you want to comare to request a price quote. For instance, let’s say you want rates from Allstate, GEICO and Progressive. To get rate quotes you would need to spend time on each company’s site to enter your coverage information, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

The hardest way to get comparison rates is driving to different agent offices. Buying insurance online has reduced the need for local agents unless you prefer the professional guidance of a licensed agent. You can, however, price shop online and get advice from an agent in your area and we’ll cover that in a bit.

It’s up to you which method you use, but make sure you use the exact same deductibles and coverage limits for each price quote. If each company quotes different values for each quote it’s not possible to make a fair comparison for your Mercury Grand Marquis. Quoting even small variations in coverage limits can result in a big premium difference. Just remember that having more price comparisons gives you a better chance of getting the best price.

The fine print in car insurance ads

Car insurance providers like State Farm and Allstate consistently run ads on television and other media. They all have a common claim of big savings if you change to them. How do they all claim to save you money? This is how they do it.

All the different companies can use profiling for the type of driver that earns them a profit. For example, a desirable insured might be profiled as between the ages of 30 and 50, has no tickets, and drives newer vehicles. A propective insured who matches those parameters is entitled to the best price and therefore will save quite a bit of money when switching.

Potential insureds who do not match the “perfect” profile will be quoted more money which usually ends up with business going elsewhere. Company advertisements say “drivers who switch” not “everybody who quotes” save money. That’s why insurance companies can confidently claim big savings.

This emphasizes why you absolutely need to compare many company’s rates. It’s just too difficult to predict which company will provide you with the cheapest Mercury Grand Marquis insurance rates.

Factors that can influence Mercury Grand Marquis insurance rates

Smart consumers have a good feel for some of the elements that help determine your insurance rates. Understanding what determines base rates allows you to make educated decisions that will entitle you to big savings.

  • Better crash test results mean better rates – Cars with high safety ratings are cheaper to insure. These vehicles result in less severe injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If your Mercury Grand Marquis is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Do you know you’re credit rating? – Your credit score is a big factor in determining what you pay for insurance. So if your credit history is lower than you’d like, you could potentially save money when insuring your 1995 Mercury Grand Marquis by improving your credit score. Drivers who have good credit tend to be better drivers and file fewer claims than drivers with poor credit.
  • Allowing your policy to lapse raises rates – Driving with no insurance is against the law and as a result your rates will increase for letting your insurance expire. And not only will your rates increase, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • Being married can save on insurance – Having a spouse actually saves money on your policy. It translates into being more responsible it has been statistically shown that married drivers get in fewer accidents.
  • Pleasure use or commuting – The more you drive every year the higher your rate. Most companies charge to insure your cars determined by how the vehicle is used. Cars and trucks left parked in the garage receive lower rates than those used for commuting. Make sure your insurance policy shows the correct driver usage, because improper ratings can cost you money. If your policy improperly rates your Grand Marquis may be costing you.

Don’t miss out on these money-saving discounts

Insuring your fleet can be pricey, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply at the time of purchase, but some may not be applied and must be asked about before they will apply.

  • Service Members Pay Less – Having a family member in the military could mean lower rates.
  • Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can get savings of 20% or more.
  • Senior Citizens – Older drivers may receive a small decrease in premiums for Grand Marquis insurance.
  • Multiple Cars – Having all your vehicles on one policy qualifies for this discount.
  • Accident Free – Good drivers with no accidents can earn big discounts compared to frequent claim filers.
  • Government Employees – Simply working for the federal government can earn a discount up to 10% for Grand Marquis insurance depending on your company.
  • Driver Safety – Completing a course teaching defensive driving skills could possibly earn you a 5% discount if you qualify.
  • Accident Forgiveness – A few companies will forgive one accident before raising your premiums as long as you don’t have any claims prior to the accident.
  • Low Mileage Discounts – Driving fewer miles could qualify for better rates on cars that stay parked.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like all the discounts add up to a free policy, companies don’t profit that way. But all discounts will bring down the cost of coverage.

Car insurance companies that may offer these discounts are:

Before buying, ask each company which discounts you may be entitled to. Discounts may not be available everywhere.

Do I need special coverages?

When it comes to choosing proper insurance coverage, there is no one size fits all plan. Everyone’s situation is a little different.

Here are some questions about coverages that might help in determining if you could use an agent’s help.

  • Is my vehicle covered by my employer’s policy when using it for work?
  • How do I file an SR-22 for a DUI in my state?
  • Do I need added coverage for expensive stereo equipment?
  • Why am I required to get a high-risk car insurance policy?
  • Can I still get insurance after a DUI?
  • Will my insurance pay for OEM parts?
  • Am I covered if I drive in a foreign country?
  • When should my teen driver be added to my policy?
  • Am I insured when driving a different vehicle?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

Auto insurance 101

Knowing the specifics of a auto insurance policy can be of help when determining the right coverages for your vehicles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Collision coverages – Collision coverage covers damage to your Grand Marquis from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as colliding with a tree, rolling your car and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

Comprehensive auto insurance – Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like falling objects, hail damage and fire damage. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability – This coverage will cover damage that occurs to other’s property or people in an accident. It protects you against claims from other people, and doesn’t 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 commonly see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like medical expenses, loss of income, bail bonds, legal defense fees and medical services. The amount of liability coverage you purchase is a personal decision, but consider buying as high a limit as you can afford.

Coverage for uninsured or underinsured drivers – This provides protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Mercury Grand Marquis.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these limits do not exceed the liability coverage limits.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as surgery, ambulance fees and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Shop around and save

When trying to cut insurance costs, you should never buy less coverage just to save a little money. There have been many cases where drivers have reduced uninsured motorist or liability limits only to find out that the savings was not a smart move. Your goal should be to buy the best coverage you can find for the lowest price while still protecting your assets.

Budget-conscious 1995 Mercury Grand Marquis insurance can be bought both online in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not provide online price quotes and many times these regional insurance providers only sell through independent insurance agents.

People leave their current company for many reasons like delays in paying claims, high rates after DUI convictions, lack of trust in their agent or even denial of a claim. No matter why you want to switch, finding a new insurance coverage company is not as difficult as it may seem.

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