1992 Mercury Grand Marquis Insurance Quotes – 6 Tricks for Best Rates

Trying to find cheaper car insurance rates for your Mercury Grand Marquis? Nobody I know likes paying for car insurance, especially when the cost is too high. Having so many insurance providers from which to choose, it can be impossible to choose the most cost effective insurance company.

It’s important to get comparison quotes yearly due to the fact that insurance rates change quite often. Even if you got the best price on Grand Marquis insurance six months ago you may be paying too much now. You’ll find quite a bit of inaccurate information about car insurance on the web, but by reading this article, you’re going to learn a bunch of ideas how to find cheap car insurance.

Compare the Market for Auto Insurance

Effectively comparing auto insurance prices can take time and effort if you don’t understand the easiest way. You could waste a few hours driving to insurance agencies in your area, or you could use the internet to get prices fast.

Many popular insurance companies belong to an insurance system that enables customers to enter their coverage request one time, and every company then returns a price quote determined by their information. This prevents consumers from doing form submissions to each individual auto insurance company.

To fill out one form to compare multiple rates now click here to open in new window.

The one disadvantage to using this type of system is you cannot specify which insurance companies to receive prices from. So if you prefer to pick specific insurance companies to receive pricing from, we put together a list of the cheapest auto insurance companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just make darn sure you compare the exact same information with each company. If you are comparing different liability limits you can’t possibly make a fair comparison for your Mercury Grand Marquis.

Discounts to lower Mercury Grand Marquis insurance rates

Companies that sell car insurance do not list all their discounts in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find savings tricks you should be using. If you aren’t receiving every discount you qualify for, you’re paying more than you need to.

  • Good Students Pay Less – A discount for being a good student can save 20 to 25%. This discount can apply well after school through age 25.
  • Early Switch Discount – Some insurance companies reward drivers for buying a policy prior to your current policy expiring. It’s a savings of about 10%.
  • Federal Employees – Employees or retirees of the government may qualify you for a discount on Grand Marquis insurance with certain companies.
  • Driver Safety – Completing a course in driver safety can save you 5% or more if you qualify.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt could save 15% off your PIP or medical payments premium.
  • Auto/Home Discount – When you have multiple policies with one company you may save 10% to 20% off each policy.

As a disclaimer on discounts, many deductions do not apply to the entire cost. Most only reduce specific coverage prices like comprehensive or collision. Even though it may seem like all the discounts add up to a free policy, you won’t be that lucky.

To see a list of insurers with the best insurance discounts, click this link.

Tailor your coverage to you

When it comes to buying proper insurance coverage, there really is not a “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. For instance, these questions might point out whether or not you could use an agent’s help.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Will filing a claim cost me more?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What are the financial responsibility laws in my state?
  • Can I get a multi-policy discount?
  • Am I better off with higher deductibles on my 1992 Mercury Grand Marquis?
  • Does my medical payments coverage pay my health insurance deductible?
  • Is pleasure use cheaper than using my 1992 Mercury Grand Marquis to commute?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.

Specific coverage details

Understanding the coverages of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages offered by auto insurance companies.

Comprehensive auto coverage

This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from a tornado or hurricane, a tree branch falling on your vehicle, rock chips in glass, damage from getting keyed and hitting a deer. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability auto insurance

This coverage protects you from injuries or damage you cause to other people or property in an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims such as medical expenses, medical services, repair costs for stationary objects and emergency aid. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection from other drivers when they 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 carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Auto collision coverage

This coverage covers damage to your Grand Marquis resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as driving through your garage door, colliding with a tree, scraping a guard rail, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for chiropractic care, EMT expenses and dental work. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Online plus local equals savings

When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There are a lot of situations where an insured cut collision coverage only to find out that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at the best price while not skimping on critical coverages.

We’ve covered a lot of techniques to get a better price on 1992 Mercury Grand Marquis insurance. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. You may even discover the lowest priced insurance comes from some of the lesser-known companies. These companies may only write in your state and offer lower rates than the large multi-state companies such as Progressive and Geico.

For more information, link through to these articles: