How Much Does 2000 Mercury Grand Marquis Insurance Cost?

Looking for the cheapest auto insurance rates for your Mercury Grand Marquis? Finding lower premiums on auto insurance can be a challenge for consumers new to comparing rates online. You have so many choices that it can easily become a real hassle to find the best price.

Insurance Prices Online

There are several ways of comparing rates from insurance companies in your area. The fastest way to find the cheapest 2000 Mercury Grand Marquis insurance rates consists of shopping online. It is quite easy and can be accomplished in several different ways.

  • The first (and easiest) way to get the best comparison quotes would be an industry-wide quote request form click here to open form in new window. This type of form saves time by eliminating separate quotes to each individual insurance company. One form submission compares rates from multiple low-cost companies. It’s the fastest way to compare.
  • A harder way to get quotes online is going to the website of each company to request a price quote. For sake of this example, we’ll assume you want rates from USAA, Progressive and Farmers. To get rate quotes you would need to visit each site to input your insurance information, and that’s why the first method is more popular. For a list of links to insurance companies in your area, click here.
  • The least recommended method of getting rate comparisons is to drive around to different agent offices. Shopping for insurance online has reduced the need for local agents unless you want the trained guidance of a licensed agent. However, consumers can compare the best prices online but still have the advice of a local agent and we’ll touch on that later.

Which method you use is up to you, but make darn sure you compare apples-to-apples coverage limits and deductibles on every quote you get. If you have different liability limits it’s not possible to make an equal comparison. Quoting even small variations in coverage limits may cause a big price difference. And when comparison shopping, comparing a large number of companies will increase your chances of finding a lower rate.

Be sure to get all your discounts

Insuring your vehicles can cost a lot, but companies offer discounts to help offset the cost. A few discounts will automatically apply at quote time, but some may not be applied and must be specifically requested prior to getting the savings.

  • Pay Upfront and Save – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates for Grand Marquis coverage than drivers with accident claims.
  • No Charge for an Accident – Certain companies will forgive one accident without raising rates if your claims history is clear prior to the accident.
  • Multiple Vehicles – Having multiple vehicles on the same auto insurance policy qualifies for this discount.
  • Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% for Grand Marquis coverage depending on your company.

As a disclaimer on discounts, some of the credits will not apply to the entire cost. Most only apply to specific coverage prices like liability, collision or medical payments. Even though it may seem like it’s possible to get free car insurance, companies wouldn’t make money that way. Any qualifying discounts will help reduce the amount you have to pay.

Car insurance companies that possibly offer some of the above discounts include:

Double check with all companies you are considering which discounts they offer. Discounts may not be available in your state.

How do I know if I need professional advice?

When it comes to choosing proper insurance coverage, there is no “perfect” insurance plan. Everyone’s situation is unique.

Here are some questions about coverages that might help in determining if you will benefit from professional help.

  • How high should my uninsured/underinsured coverage be in my state?
  • When should my teen driver be added to my policy?
  • Can my teen drive my company car?
  • What if I don’t agree with a claim settlement offer?
  • Does my medical payments coverage pay my health insurance deductible?
  • Do I have coverage when making deliveries for my home business?
  • How many claims can I have before being cancelled?
  • Is a fancy paint job covered?
  • Is other people’s property covered if stolen from my vehicle?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form.

Mercury Grand Marquis rate determination is complex

Smart consumers have a good feel for the different types of things that help determine the rates you pay for insurance coverage. When you know what positively or negatively determines base rates empowers consumers to make smart changes that can help you get much lower annual insurance costs.

The following are some of the items used by your company to calculate your rates.

  • Liability coverage is cheap – Your policy’s liability coverage is the coverage that protects you in the event that you are found to be at fault for damages from an accident. It will provide legal defense coverage which can cost thousands of dollars. Liability is cheap as compared to coverage for physical damage, so do not cut corners here.
  • Proper usage rating affects rates – The higher the mileage driven every year the higher your rates will be. Most insurance companies rate vehicles based upon how you use the vehicle. Vehicles not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Improper usage on your Grand Marquis can result in significantly higher rates. Ask your agent if your insurance coverage declarations sheet is showing the correct usage for each vehicle.
  • Where you live – Being located in small towns and rural areas can be a good thing when buying insurance coverage. Drivers who live in large cities have to deal with much more traffic and longer commute times. Fewer drivers means a lower chance of having an accident and also fewer theft and vandalism claims.
  • Small claims can cost you – If you tend to file frequent claims, you can pretty much guarantee higher rates. Auto insurance companies award cheaper rates to drivers who file claims infrequently. Insurance coverage is meant to be used in the event of the large, substantial claims.

Coverages available on your policy

Understanding the coverages of a car insurance policy aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Comprehensive (Other than Collision)

This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like rock chips in glass, damage from flooding and falling objects. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Mercury Grand Marquis.

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. This is the reason having UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability insurance

Liability insurance protects you from injuries or damage you cause to a person or their property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as attorney fees, court costs, legal defense fees, emergency aid and repair bills for other people’s vehicles. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Medical expense insurance

Coverage for medical payments and/or PIP pay for immediate expenses for chiropractic care, ambulance fees and pain medications. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Coverage for collisions

This coverage will pay to fix damage to your Grand Marquis resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like damaging your car on a curb, scraping a guard rail, backing into a parked car and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Saving money makes a lot of cents

Budget-conscious 2000 Mercury Grand Marquis insurance can be purchased online in addition to many insurance agents, so compare prices from both in order to have the best chance of saving money. Some companies do not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

We just showed you quite a bit of information on how to shop for insurance online. The key concept to understand is the more times you quote, the higher your chance of finding lower rates. You may be surprised to find that the lowest rates come from the least-expected company.

As you shop your coverage around, never sacrifice coverage to reduce premiums. There have been many situations where an accident victim reduced collision coverage and learned later that it was a big error on their part. The aim is to buy enough coverage for the lowest price while not skimping on critical coverages.

More detailed insurance coverage information can be read in these articles: