Compare 1992 Mercury Capri Insurance Rates

Are you sick and tired of robbing Peter to pay Paul to buy car insurance? You are in the same boat as many other consumers. Consumers have many auto insurance companies to buy insurance from, and although it’s nice to have a choice, lots of choices makes it harder to find the lowest cost provider.

It’s a good idea to shop coverage around occasionally because rates change frequently. Just because you found the lowest price on Capri coverage a couple years back the chances are good that you can find a lower rate today. There is a lot of bad advice regarding car insurance online but with this article, you’re going to get some solid techniques on how to find cheap car insurance.

Don’t pay full price with these discounts

The cost of insuring your cars can be expensive, but there could be available discounts to cut the cost considerably. Most are applied at the time of purchase, but lesser-known reductions have to be inquired about in order for you to get them. If you don’t get every credit you deserve, you’re paying more than you need to.

  • Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase life insurance from them.
  • Seat Belts Save – Drivers who require all occupants to buckle their seat belts could save 15% on the medical payments or PIP coverage costs.
  • Save with a New Car – Putting insurance coverage on a new car can save up to 30% compared to insuring an older model.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up online.
  • Fewer Miles Equal More Savings – Driving fewer miles can earn lower rates on the low mileage vehicles.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Capri coverage than less cautious drivers.
  • Accident Forgiveness – Some insurance companies allow you one accident before your rates go up so long as you haven’t had any claims prior to the accident.

It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. Most cut specific coverage prices like physical damage coverage or medical payments. Just because you may think adding up those discounts means a free policy, car insurance companies aren’t that generous. Any amount of discount will reduce your premiums.

A partial list of companies that possibly offer these benefits may include but are not limited to:

Double check with each insurance company what discounts are available to you. Some discounts might not apply in your state.

Factors that might impact rates for a Mercury Capri

An important part of buying insurance is that you know the factors that go into determining the price you pay for auto insurance. Understanding what determines base rates enables informed choices that will entitle you to better auto insurance rates.

  • Safe vehicles cost less to insure – Vehicles with high crash test scores are cheaper to insure. Safer cars protect occupants better and lower injury rates translates into savings for insurance companies and thus lower rates. If your Mercury has ratings of a minimum 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.
  • Liability coverage protects you – Liability coverage will protect you in the event that a court rules you are at fault for damages from an accident. It provides for a legal defense up to the limits shown on your policy. Liability is cheap when compared with rates for comp and collision, so buy as much as you can afford.
  • Pleasure use saves money – The more miles you rack up on your Mercury in a year the more you will pay for auto insurance. The majority of insurers apply a rate based on their usage. Cars not used for work or commuting get more affordable rates as compared to vehicles used primarily for driving to work. An improperly rated Capri may be costing you. Ask your agent if your auto insurance policy is showing how each vehicle is driven.
  • Traffic violations increase rates – Whether or not you get tickets impacts your car insurance rates tremendously. Drivers with clean records have lower premiums than people who have multiple driving citations. Even one citation may increase your cost forty percent or more. Drivers with severe tickets like hit and run, DWI or reckless driving convictions are required to file a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
  • Better credit scores mean better rates – Credit score is a big factor in calculating your auto insurance rates. If your credit rating is lower than you’d like, you could potentially save money when insuring your 1992 Mercury Capri by spending a little time repairing your credit. People with good credit tend to be more responsible than drivers who have poor credit.
  • Optional equipment can affect rates – Driving a car with anti-theft technology or alarm system can save you a little every year. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder car theft.

Your personal situation dictates your coverage

When it comes to choosing proper insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different and your policy should reflect that. For instance, these questions might point out if your insurance needs may require specific advice.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • When would I need additional glass coverage?
  • What are the financial responsibility laws in my state?
  • Do I need replacement cost coverage?
  • Can I make deliveries for my home business?
  • Can I afford to buy a different vehicle if my 1992 Mercury Capri is totaled?
  • Am I covered by my spouse’s policy after a separation?
  • Am I covered if hit by an uninsured driver?
  • Do I need special endorsements for business use of my vehicle?
  • What happens if I owe more than my 1992 Mercury Capri is worth?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.

Save $437 a year. For real?

Consumers get pounded daily by advertisements for car insurance savings by companies like State Farm, Geico and Progressive. All the ads have a common claim of big savings if you switch to them.

How can each company make almost identical claims?

Different companies have a preferred profile for the type of customer that earns them a profit. For example, a desirable insured might be profiled as over the age of 40, insures multiple vehicles, and drives less than 10,000 miles a year. A propective insured who matches those parameters will get the preferred rates and is almost guaranteed to save when they switch companies.

Potential customers who don’t meet the “perfect” profile will be quoted higher premiums and this can result in the driver buying from a lower-cost company. The ads say “people who switch” not “everyone that quotes” save that much. This is how insurance companies can confidently advertise the savings.

This emphasizes why you need to compare as many rates as you can. You cannot predict which insurance companies will fit your personal profile best.

Auto insurance coverages 101

Knowing the specifics of your auto insurance policy helps when choosing the best coverages and proper limits and deductibles. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverages offered by auto insurance companies.

Comprehensive coverage

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, damage from flooding, rock chips in glass and damage from getting keyed. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability auto insurance

Liability coverage provides protection from injuries or damage you cause to other people or property in an accident. This insurance protects YOU from legal claims by others, 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. Your policy might show policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Another option is a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as court costs, attorney fees, medical services and repair costs for stationary objects. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

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. This coverage pays for 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 is important protection for you and your family. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Auto collision coverage

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like rolling your car, damaging your car on a curb, driving through your garage door, crashing into a building and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for dental work, nursing services, hospital visits and ambulance fees. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

In Summary

We just showed you many ways to save on 1992 Mercury Capri insurance. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. Drivers may discover the best prices are with some of the lesser-known companies. These smaller insurers may only write in your state and offer lower rates as compared to the big name companies such as Progressive and Geico.

When buying insurance coverage, it’s a bad idea to skimp on coverage in order to save money. There are a lot of situations where someone dropped liability limits or collision coverage only to discover later that it was a big error on their part. Your aim should be to purchase a proper amount of coverage at the best price.

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