Save on 1992 Mercury Topaz Insurance Cost

Want better car insurance rates for your Mercury Topaz? Trying to find better insurance prices for a Mercury Topaz could be a painful process, but you can learn a few tricks to save time.

There are more efficient ways to find car insurance online and you need to know the proper way to get price quotes for a new or used Mercury and obtain the best price possible from both online companies and local agents.

It is always a good idea to compare rates before your policy renews due to the fact that insurance rates are adjusted regularly by insurance companies. Even if you got the lowest price for Topaz coverage two years ago you can probably find a better price now. Block out anything you think you know about car insurance because we’re going to demonstrate the right way to save money, get proper deductibles and limits, all at the lowest rate.

Pricing the cheapest protection is easy if you know what you’re doing. If you have a current insurance coverage policy or are looking for a new policy, you can use these techniques to shop for the lowest rates while maximizing coverage. Vehicle owners only need an understanding of the proper way to get comparison rates on the web.

How to Compare Insurance

Finding cheaper 1992 Mercury Topaz insurance prices isn’t really that difficult. Consumers just need to invest a little time to compare rate quotes from different insurance companies. This can be done using a couple different methods.

  1. One of the best ways to find the lowest comparison rates would be an industry-wide quote request form (click to open form in new window). This type of form eliminates the need for separate forms to each individual insurance company. One quote request gets you coverage quotes instantly. This is by far the quickest method.
  2. A more time consuming way to obtain and compare quotes online requires a trip to each company’s website to complete their respective quote request forms. For sake of this example, let’s assume you want to compare rates from USAA, Safeco and Allstate. To get each rate you have to visit each site to enter your coverage information, and that’s why the first method is more popular. To view a list of companies in your area, click here.

However you get your quotes, compare apples-to-apples coverages for every company. If you have different liability limits then you won’t be able to determine which rate is truly the best.

Lots of discounts mean lots of savings

Properly insuring your vehicles can get expensive, but there are discounts available that you may not know about. A few discounts will automatically apply at the time you complete a quote, but a few need to be specifically requested before they will apply. If you don’t get every credit available, you are throwing money away.

  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • Braking Control Discount – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.
  • Discount for Life Insurance – Companies who offer life insurance give a discount if you purchase auto and life insurance together.
  • Auto/Home Discount – When you combine your home and auto insurance with one company you may save up to 20% off your total premium.
  • Drivers Education – Require your teen driver to take driver’s ed class in high school.
  • College Student – Any of your kids who live away from home and don’t have a car may qualify for this discount.

Drivers should understand that most discounts do not apply to the entire cost. Most only reduce individual premiums such as comprehensive or collision. So despite the fact that it appears you can get free auto insurance, auto insurance companies aren’t that generous. But all discounts will bring down your overall premium however.

For a list of insurers with discount auto insurance rates, click this link.

These factors can influence what you pay for Mercury Topaz insurance

Consumers need to have an understanding of the factors that come into play when calculating the rates you pay for car insurance. Having a good understanding of what influences your rates allows you to make educated decisions that may reward you with better car insurance rates.

  • More miles equals more premium – The more miles you rack up on your Mercury each year the more you will pay for car insurance. Most insurance companies rate vehicles based on their usage. Vehicles not used for work or commuting qualify for better rates than those used for commuting. If your policy improperly rates your Topaz can result in significantly higher rates. Ask your agent if your car insurance policy shows how each vehicle is driven.
  • Car features impact rates – Driving a car with a theft deterrent system can save you a little every year. Anti-theft features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your car from being stolen.
  • Where you live is a factor – Being located in less populated areas can save you money when it comes to car insurance. Lower population means a lower chance of having an accident and a lower car theft rate. Drivers who live in large cities have to deal with traffic congestion and longer commute times. More time on the road translates into higher accident risk.
  • Marriage pays dividends – Having a spouse can actually save you money on your car insurance policy. It translates into being more responsible and statistics show drivers who are married are more cautious.
  • One company can mean more discounts – Many car insurance companies give discounts to insureds who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, you may still want to compare rates to ensure the best deal.
  • Better crash test results mean better rates – Vehicles with high crash test scores are cheaper to insure. Safe vehicles protect occupants better and better occupant protection means less money paid by your insurance company passed on to you as lower rates. If your Mercury is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • High credit ratings translate to low rates – A driver’s credit history is a large factor in your rate calculation. If your credit history is not that good, you could potentially save money when insuring your 1992 Mercury Topaz by improving your credit score. People with excellent credit tend to be more responsible as compared to drivers with lower credit scores.
  • Bump up deductibles to save – Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your Mercury from damage. Some examples of claims that would be covered are collision with another vehicle, damage caused by hail, and windstorm damage. The deductibles are the amount of money you are required to spend before a claim is paid by your company. The more expense the insured has to pay upfront, the less your company will charge you for insurance for Topaz coverage.

Situations that might require an agent

When choosing the best car insurance coverage, there is no cookie cutter policy. Every situation is different.

For instance, these questions may help you determine whether your personal situation will benefit from professional help.

  • How do I insure my teen driver?
  • When should my teen driver be added to my policy?
  • How can I get high-risk coverage after a DUI?
  • What happens if I owe more than my 1992 Mercury Topaz is worth?
  • Does medical payments coverage apply to all occupants?
  • Should I buy only the required minimum liability coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Is other people’s property covered if stolen from my vehicle?
  • Can I still get insurance after a DUI?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Slick advertising tricks that work

Drivers get pounded daily by advertisements for the lowest price auto insurance by companies like State Farm and Allstate. All the companies make an identical promise of big savings if you switch to them.

How can each company say the same thing?

All companies have a preferred profile for the driver they prefer to insure. A good example of a preferred risk could possibly be over the age of 50, has no tickets, and chooses high deductibles. Any new insured who matches those parameters gets the lowest rates and most likely will save when switching.

Potential insureds who do not match the requirements will have to pay more money and this can result in the customer not buying. The ad wording is “customers who switch” not “everybody who quotes” save money. That’s why insurance companies can advertise the savings.

Because of the profiling, drivers must get a wide range of price quotes. It is impossible to predict which company will have the lowest Mercury Topaz insurance rates.

Insurance policy coverages for a Mercury Topaz

Learning about specific coverages of your insurance policy helps when choosing the best coverages for your vehicles. Insurance terms can be difficult to understand and coverage can change by endorsement.

Uninsured or underinsured coverage

This provides protection when other motorists do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Mercury Topaz.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these limits are set the same as your liablity limits.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like doctor visits, nursing services and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Collision insurance

Collision coverage will pay to fix damage to your Topaz resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like sideswiping another vehicle, backing into a parked car, sustaining damage from a pot hole and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Comprehensive protection

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as hitting a deer, rock chips in glass and fire damage. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for liability

Liability coverage provides protection from damage or injury you incur to people or other property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like repair bills for other people’s vehicles, loss of income, medical services, legal defense fees and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

One last thing

Discount 1992 Mercury Topaz insurance can be sourced both online and with local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some insurance providers do not offer online quoting and many times these smaller companies only sell through independent insurance agents.

While you’re price shopping online, don’t be tempted to buy poor coverage just to save money. There are too many instances where an insured dropped collision coverage only to find out that their decision to reduce coverage ended up costing them more. The aim is to buy a smart amount of coverage for the lowest price, not the least amount of coverage.

Throughout this article, we presented a lot of techniques to shop for insurance online. The key thing to remember is the more quotes you get, the better chance you’ll have of finding lower rates. Drivers may discover the best price on auto insurance is with some of the smallest insurance companies.

Even more information is available at these sites: