Cheap 2018 Ford Taurus Insurance Rates

Searching for the cheapest insurance for a new or used Ford Taurus could be an all-consuming task, but you can learn our insurance buying tips to make it easier.

There are both good and bad ways to compare insurance rates so we’re going to tell you the quickest way to price shop coverage for your Ford and locate the lowest possible price either online or from local insurance agents.

It’s smart to shop coverage around before your next renewal due to the fact that insurance prices fluctuate regularly. If you had the best price for Taurus coverage a year ago you can probably find a lower rate today. You can find a lot of wrong information about insurance online but I’m going to show you some of the best techniques to save money.

First Step: Get free insurance quotes

Most companies give price estimates from their websites. This process is quite simple as you just enter the coverages you want into the form. Once entered, their system pulls your driving and credit reports and quotes a price.

Online quotes makes it a lot easier to compare rates but the work required to visit each company’s website and repetitively type in the same data gets old quite quickly. But it’s very important to perform this step in order to find lower prices.

Online rates the easy way

An easier way to compare insurance pricing utilizes a single form to get prices from more than one company. It saves time, reduces the work, and makes comparison shopping a little more enjoyable. As soon as the form is sent, your coverage is rated and you are able to buy any or none of the pricing results.

If a lower price is quoted, you can simply submit the application and buy the policy. This process takes less than 15 minutes and you’ll know if lower rates are available.

To quickly find out if lower rates are available, click here and enter your vehicle and coverage information. If you have coverage now, it’s recommended you duplicate your coverages as close as possible to your current policy. Doing this guarantees you will receive rate quotes for similar coverage.

These discounts can lower your auto insurance rates

Car insurance can cost a lot, but discounts can save money and there are some available that can dramatically reduce your bill. Larger premium reductions will be automatically applied at the time you complete a quote, but some need to be asked for prior to getting the savings. If you check and find you aren’t receiving every discount possible, you could be saving more on your auto insurance.

  • Homeowners Savings – Simply owning a home may earn you a small savings since home ownership requires personal responsibility.
  • Resident Student – Kids who attend college more than 100 miles from home and do not take a car to college could get you a discount.
  • Membership in Organizations – Joining specific professional or occupational memberships or organizations could trigger savings when getting a car insurance quote.
  • Driver Education Discount – Teen drivers should take driver’s ed class in high school.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time as opposed to paying monthly you may have a lower total premium amount.
  • Anti-lock Brakes – Cars with ABS and/or traction control are much safer to drive so you can save 10 percent or more.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the overall cost of the policy. A few only apply to individual premiums such as collision or personal injury protection. So when it seems like all those discounts means the company will pay you, that’s just not realistic.

Insurance companies who might offer these money-saving discounts possibly include:

Double check with each insurance company which discounts can lower your rates. All car insurance discounts may not apply in your area. To locate insurance companies offering auto insurance discounts, click here.

Ford Taurus insurance costs can be cheaper

Smart consumers have a good feel for the different types of things that go into determining your premiums. If you have a feel for what determines premiums, this allows you to make good choices that can earn you lower rates. Lots of things are used when you get your auto insurance bill. Most are fairly basic like an MVR report, although some other factors are more transparent such as your marital status or your financial responsibility.

The items below are a partial list of the pieces auto insurance companies consider when setting your rates.

  • Save by driving less – The higher the mileage driven every year the more you’ll pay to insure your vehicle. Many insurance companies rate vehicles based on their usage. Vehicles not used for work or commuting can get a lower rate than those that get driven frequently. Incorrect rating for your Taurus can result in significantly higher rates. Ask your agent if your auto insurance policy shows annual mileage.
  • Job impacts premiums – Occupations such as doctors, business owners and medical professionals tend to have the highest rates attributed to intense work situations and extremely grueling work hours. Other occupations such as scientists, students and homemakers pay the least for Taurus coverage.
  • Responsible credit equals lower prices – Having a bad credit history is a big factor in determining your rates. Therefore, if your credit history is not that good, you could save money insuring your 2018 Ford Taurus by spending a little time repairing your credit. People with excellent credit scores tend to be better drivers and file fewer claims than drivers with worse credit.
  • Liability coverage is peace of mind – Liability insurance is the protection when you are responsible for an accident. It will provide you with a defense in court up to the limits shown on your policy. This coverage is relatively inexpensive compared to comp and collision, so drivers should make sure they buy enough to cover all assets.

Different people need different insurance coverages

When it comes to choosing coverage for your vehicles, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

These are some specific questions might point out whether or not you might need professional guidance.

  • When would I need rental car insurance?
  • Is my trailer covered?
  • Does car insurance cover theft of personal property?
  • Am I covered if I break a side mirror?
  • Is my ex-spouse still covered by my policy?
  • At what point should I drop full coverage?
  • Do I need PIP coverage since I have good health insurance?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It is quick, free and may give you better protection.

Insurance coverage myths debunked

Consumers can’t escape the ads for cheaper insurance coverage by companies like Allstate, GEICO and Progressive. All the companies say the same thing of big savings just by moving your coverage.

How is it possible that every company can give you a better price? Just pay attention to how they say it.

Different companies give the cheapest rates for the type of driver that will generate a profit. One example of a profitable insured could be between the ages of 30 and 50, has a clean driving record, and chooses high deductibles. Anyone who meets those qualifications receive the lowest rate quotes and will most likely pay quite a bit less when switching companies.

Potential insureds who may not quite match this stringent profile will see higher prices which results in business going elsewhere. The trick companies use is to say “drivers who switch” not “everyone who quotes” can save as much as they claim. That is how insurance companies can confidently make those statements.

This really emphasizes why you absolutely need to get a wide range of price quotes. Because you cannot predict which insurance companies will have the lowest rates.

Auto insurance coverages 101

Having a good grasp of a auto insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement.

Liability auto insurance – This will cover damage that occurs to other people or property. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as medical services, legal defense fees and emergency aid. The amount of liability coverage you purchase is a personal decision, but consider buying higher limits if possible.

Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like falling objects, damage from a tornado or hurricane, hitting a bird, damage from getting keyed and fire damage. 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 consider removing comprehensive coverage.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as sustaining damage from a pot hole, crashing into a ditch, hitting a parking meter, crashing into a building and damaging your car on a curb. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible to get cheaper collision coverage.

Coverage for medical payments – Coverage for medical payments and/or PIP pay for short-term medical expenses like prosthetic devices, EMT expenses and dental work. They are used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

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. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Final thoughts

As you quote car insurance, it’s a bad idea to skimp on coverage in order to save money. In too many instances, an insured dropped collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The aim is to buy enough coverage at the best cost, but do not sacrifice coverage to save money.

More affordable insurance coverage can be found online and also from your neighborhood agents, so you need to shop car insurance with both to have the best chance of lowering rates. There are still a few companies who may not provide online quoting and most of the time these smaller providers work with independent agents.

Consumers switch companies for many reasons like high prices, high rates after DUI convictions, denial of a claim and even an unsatisfactory settlement offer. Whatever your reason, switching companies can be easy and end up saving you some money.

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