How Much Does 1995 Mercury Cougar Insurance Cost?

Trying to find the cheapest insurance rates? Buyers have options when searching for affordable Mercury Cougar insurance. They can either spend hours calling around to compare prices or leverage the internet to compare rates.

There are both good and bad ways to find insurance online so we’re going to tell you the proper way to price shop coverage on a Mercury and get the lowest price either online or from local insurance agents.

If you have insurance now or are shopping for new coverage, you will benefit by learning to get lower rates and possibly find even better coverage. This article will help you learn how car insurance quotes work and some tricks to saving. Consumers just need to learn the proper methods to shop online.

Discounts to lower Mercury Cougar insurance rates

The price of auto insurance can be rather high, but you can get discounts that you may not even be aware of. Larger premium reductions will be automatically applied when you get a quote, but a few need to be inquired about before they will apply. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Pay Upfront and Save – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
  • Claim Free – Drivers who don’t have accidents can earn big discounts when compared with drivers who are more careless.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class if it’s offered in school.
  • Auto/Life Discount – Select insurance companies reward you with better rates if you take out a life insurance policy as well.
  • Good Students Pay Less – This discount can get you a discount of up to 25%. The discount lasts up to age 25.
  • Paperwork-free – A few companies will give a small break just for signing your application digitally online.
  • Theft Prevention Discount – Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
  • Drive Less and Save – Low mileage vehicles can qualify you for a substantially lower rate.
  • Discount for New Cars – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
  • Accident Forgiveness – A few companies allow you one accident without raising rates so long as you haven’t had any claims for a certain period of time.

Consumers should know that many deductions do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as comp or med pay. Just because you may think you could get a free auto insurance policy, it doesn’t quite work that way. But any discount will bring down your overall premium however.

To see a list of providers with the best auto insurance discounts, click here to view.

How to Lower Your Insurance Cost

There are multiple methods to shop for 1995 Mercury Cougar insurance, but one way is more efficient than others. You could waste a few hours driving to local insurance agents in your area, or you can stay home and use online quoting to get rate comparisons in just a few minutes.

All the larger companies participate in an industry program where insurance shoppers submit one quote, and at least one company can give them a price. This eliminates the need for quote requests for each company. To compare 1995 Mercury Cougar rates using this form now click here to start a free quote.

The one disadvantage to using this type of system is you don’t know exactly which carriers to get quotes from. So if you prefer to choose specific providers for rate comparison, we have assembled a list of insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but make absolute certain that you use exactly the same coverage limits for every company. If the quotes have different values for each quote you can’t possibly make an equal comparison.

Tailor your coverage to you

When buying adequate coverage, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out whether your personal situation might need an agent’s assistance.

  • Should I rate my 1995 Mercury Cougar as pleasure use or commute?
  • Am I covered if I break a side mirror?
  • How many claims can I have before being cancelled?
  • When should I drop full coverage on my 1995 Mercury Cougar?
  • Will my insurance pay for OEM parts?
  • When would I need additional glass coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form. It’s fast, free and may give you better protection.

What insurance coverages do you need?

Learning about specific coverages of insurance can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive auto 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 hitting a deer, a broken windshield and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision insurance

This coverage covers damage to your Cougar from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as driving through your garage door, damaging your car on a curb, hitting a parking meter, hitting a mailbox and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like pain medications, hospital visits, doctor visits and EMT expenses. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for liability

This coverage will cover injuries or damage you cause to a person or their property that is your fault. This coverage protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as structural damage, loss of income, repair costs for stationary objects, pain and suffering and court costs. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

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 hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.

Quote more, save more

Cost effective 1995 Mercury Cougar insurance is available online and with local insurance agents, so compare prices from both to have the best chance of lowering rates. A few companies do not offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.

In this article, we covered a lot of ways to lower your insurance rates. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. Consumers may even find the lowest priced car insurance comes from some of the lesser-known companies.

Insureds change insurance companies for a number of reasons such as poor customer service, policy non-renewal, extreme rates for teen drivers or denial of a claim. Regardless of your reason for switching companies, finding the right car insurance provider is not as difficult as it may seem.

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