1993 Mercury Tracer Insurance Cost

No one in their right mind enjoys paying for auto insurance, in particular when their premiums are too high.

Big-name insurance companies like State Farm, Allstate, Geico and Progressive all claim big savings, bombarding you with advertising and it is difficult to not get sucked in by the cute commercials and take the time to shop coverage around.

It’s a great practice to check auto insurance prices once or twice a year since insurance rates change quite often. If you had the best deal for Tracer insurance a couple years back you can probably find a better price now. You can find a lot of misleading information regarding auto insurance on the internet, so with this article, you’re going to get some proven techniques to save money.

How to reduce 1993 Mercury Tracer insurance rates

Car insurance is not cheap, but you can get discounts to reduce the price significantly. Most are applied at quote time, but a few must be asked for prior to receiving the credit.

  • Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less for Tracer insurance than drivers with accident claims.
  • Discount for New Cars – Buying coverage on a new vehicle can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Sign Early and Save – Select companies give a discount for switching to them prior to your current policy expiration. It can save you around 10%.
  • Clubs and Organizations – Being a member of a civic or occupational organization could qualify you for a break on your policy for Tracer insurance.
  • Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you can actually save on your bill.

It’s important to note that most credits do not apply to all coverage premiums. Some only apply to specific coverage prices like liability and collision coverage. Just because it seems like you could get a free insurance policy, companies wouldn’t make money that way. Any amount of discount will cut the cost of coverage.

For a list of insurers offering insurance discounts, click here to view.

How to Get Auto Insurance Comparison Quotes

Most companies like Progressive, Allstate and Geico allow you to get prices for coverage directly from their websites. The process is pretty easy as you simply enter your coverage preferences as detailed in the form. When complete, their system sends out for reports for credit and driving violations and returns a price based on these factors. Quoting online helps simplify price comparisons, but having to visit several different sites and enter the same data into a form can be a bit repetitive. But it is imperative to perform this step in order to get the lowest price.

The better way to compare rates

An easier way to lower your rates is to use a quote form that obtains quotes from a lot of companies. This type of form saves time, eliminates repetitive work, and makes rate comparisons much more enjoyable. Immediately after you send the form, it gets priced and you are able to buy any of the returned quotes.

If a lower price is quoted, it’s easy to complete the application and buy the policy. This process takes 15 minutes at the most and you’ll know if lower rates are available.

In order to get comparison pricing now, click here and input your coverage information. If you have a policy now, it’s recommended you complete the form with the coverage information exactly as they are listed on your policy. This ensures you will have rate quotes based on identical coverages.

Parts of the Mercury Tracer rate equation

Smart consumers have a good feel for the rating factors that come into play when calculating the price you pay for insurance. Having a good understanding of what determines base rates enables informed choices that may reward you with big savings.

  • Pay less if you’re married – Having a wife or husband can get you a discount on your insurance policy. Having a significant other translates into being more responsible and it’s statistically proven that married drivers get in fewer accidents.
  • A clean driving record saves money – Drivers who don’t get tickets have lower premiums than bad drivers. Only having one speeding ticket can bump up the cost by as much as thirty percent. Drivers with serious tickets such as DUI or reckless driving are required to file a SR-22 with their state motor vehicle department in order to continue driving.
  • Where do you drive? – Driving more miles every year the higher your rates will be. Almost all companies charge to insure your cars based on their usage. Cars used primarily for pleasure use receive lower rates as compared to vehicles used primarily for driving to work. If your policy improperly rates your Tracer may be wasting your money. Double check that your insurance coverage properly reflects the proper vehicle usage, because improper ratings can cost you money.
  • Protect your assets with liability insurance – Liability insurance will protect you if a court rules you are at fault for personal injury or accident damage. Liability provides you with a defense in court up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not skimp.
  • Occupation reflects on rates – Did you know that where you work can have an impact on rates? Careers like real estate brokers, social workers and dentists are shown to have the highest average rates due to high stress levels and lots of time spent at work. Other jobs such as farmers, historians and homemakers pay the least for Tracer insurance.

Tailor your coverage to you

When it comes to choosing adequate coverage, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that may help you determine whether or not you would benefit from professional advice.

  • Should I get collision insurance on every vehicle?
  • Am I covered if my car is in a flood?
  • Is my ex-spouse still covered by my policy?
  • Are my friends covered when driving my 1993 Mercury Tracer?
  • Does coverage extend to my business vehicle?
  • How much liability coverage do I need in my state?
  • Do I really need UM/UIM coverage?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Car insurance coverage information

Having a good grasp of a insurance policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverage types available from insurance companies.

Auto collision coverage

This covers damage to your Tracer caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as colliding with a tree, hitting a mailbox and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like vandalism, falling objects and hitting a deer. The maximum payout a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto liability insurance

This can cover injuries or damage you cause to other’s property or people that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as emergency aid, repair costs for stationary objects, funeral expenses and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 1993 Mercury Tracer.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Usually these coverages are similar to your liability insurance amounts.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for bills such as prosthetic devices, nursing services and rehabilitation expenses. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

In any little way, save everyday

As you restructure your insurance plan, it’s not a good idea to reduce coverage to reduce premium. There have been many cases where drivers have reduced liability limits or collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to find the BEST coverage for the lowest price.

Low-cost 1993 Mercury Tracer insurance can be purchased on the web as well as from independent agents, and you should compare price quotes from both to have the best selection. Some insurance companies don’t offer online price quotes and most of the time these smaller companies sell through independent agents.

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