How Much Does 1996 Mercury Grand Marquis Insurance Cost?

Have you fallen victim to an underperforming, overpriced car insurance policy? Believe me, many consumers feel financially strained by their car insurance policy. Having so many companies and agents to choose from, it is very difficult to locate the best insurer.

It’s a good habit to shop coverage around on a regular basis due to the fact that insurance rates tend to go up over time. Just because you found the best deal for Grand Marquis insurance a few years ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because you’re about to learn the proper way to find great coverage at a great price.

Parts of the Mercury Grand Marquis rate equation

An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for insurance. Having a good understanding of what influences your rates helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Better credit scores mean better rates – Your credit rating is a important factor in calculating your insurance rates. Consumers who have high credit scores tend to be less risk to insure as compared to drivers with lower credit ratings. If your credit can use some improvement, you could save money insuring your 1996 Mercury Grand Marquis by improving your rating.
  • Add-on coverages can add up – There are a ton of add-on coverages that can waste your money if you aren’t careful. Things like roadside assistance, accident forgiveness and membership fees are some examples. They may seem good initially, but your needs may have changed so remove them from your policy.
  • More miles equals more premium – The more you drive each year the more you will pay for insurance. Most insurance companies apply a rate based on their usage. Cars and trucks used primarily for pleasure use can get a lower rate than those used for commuting. If your policy improperly rates your Grand Marquis can result in significantly higher rates. Double check that your insurance policy is rated on the correct driver usage, because it can save money.
  • Pay less if you’re married – Being married helps lower the price on insurance. Having a significant other is viewed as being more responsible and it’s proven that married couples file fewer claims.
  • An active claims history can cost you – If you are a frequent claim filer, you can look forward to higher rates. Insurance companies provide cheaper rates to insureds who are claim-free. Insurance coverage is meant to be used in the event of larger claims.
  • Occupation reflects on rates – Occupations like judges, business owners and accountants tend to have higher rates than average because of high stress levels and long work days. On the flip side, occupations such as actors, athletes and retirees receive lower rates for Grand Marquis insurance.
  • Where you reside plays a part – Residing in small towns and rural areas has it’s advantages when talking about insurance. Urban drivers have to deal with congested traffic and longer commutes to work. Fewer people means fewer accidents.
  • Safer occupants lowers premiums – Safer cars get lower rates. These vehicles result in less severe injuries and fewer injuries means lower claim amounts passed on to you as lower rates. If the Mercury Grand Marquis scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.

You probably qualify for some discounts

The cost of insuring your cars can be expensive, but companies offer discounts to help bring down the price. Certain discounts will be triggered automatically at the time of quoting, but a few must be asked about prior to getting the savings. If they aren’t giving you every credit possible, you’re paying more than you need to.

  • New Car Discount – Buying coverage on a new vehicle can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Air Bag Discount – Vehicles equipped with air bags can get savings of more than 20%.
  • More Vehicles More Savings – Having multiple cars or trucks on the same insurance policy can get a discount on all vehicles.
  • Homeowners Discount – Being a homeowner may trigger a insurance policy discount because maintaining a house requires personal responsibility.
  • Student in College – Any of your kids who are attending college and do not have a car may be able to be covered for less.
  • No Charge for an Accident – Certain companies allow you one accident before raising your premiums so long as you haven’t had any claims for a certain period of time.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class if offered at their school.
  • Discount for Good Grades – Getting good grades can earn a discount of 20% or more. This discount can apply up until you turn 25.
  • Life Insurance Discount – Some companies give better rates if you take out life insurance.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% for Grand Marquis insurance with select insurance companies.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. Most only cut specific coverage prices like collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, you won’t be that lucky. Any qualifying discounts will help reduce the amount you have to pay.

A partial list of companies that possibly offer these money-saving discounts may include but are not limited to:

Check with all companies you are considering what discounts are available to you. All car insurance discounts might not apply in your area.

Are you falling for claims of savings?

Drivers can’t ignore all the ads for cheaper car insurance from the likes of State Farm, Allstate and Geico. They all seem to have a common claim about savings if you move your coverage to them.

How can each company say the same thing?

All companies have a preferred profile for the right customer that is profitable for them. A good example of a profitable customer could be between the ages of 30 and 50, is a homeowner, and has a high credit rating. Any new insured who meets those qualifications is entitled to the best price and therefore will cut their rates substantially.

Drivers who don’t meet the requirements will be quoted higher premiums which usually ends up with the driver buying from a lower-cost company. The ads state “customers who switch” not “everyone that quotes” save that kind of money. That’s the way insurance companies can make those claims.

This emphasizes why you should get a wide range of price quotes. It’s not possible to predict the company that will have the lowest Mercury Grand Marquis insurance rates.

There’s no such thing as the perfect policy

When buying the right insurance coverage, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight if your insurance needs could use an agent’s help.

  • What can I do if my company denied a claim?
  • Do I pay less if my vehicle is kept in my garage?
  • Do I have coverage if my license is suspended?
  • Should I carry comprehensive and collision coverage?
  • What is PIP insurance?
  • Where can I get insurance after a DUI in my state?
  • Why am I required to buy high-risk coverage?
  • What is the ISO rating for a 1996 Mercury Grand Marquis?
  • Am I covered if I break a side mirror?
  • Can my teen drive my company car?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Information about specific coverages

Learning about specific coverages of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. These are the usual coverages found on most insurance policies.

Liability insurance

This coverage can cover damages or injuries you inflict on other’s property or people by causing an accident. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as attorney fees, legal defense fees, loss of income, repair costs for stationary objects 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 much as you can afford.

Comprehensive coverage

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

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, fire damage, falling objects and vandalism. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto collision coverage

This coverage covers damage to your Grand Marquis resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things like colliding with a tree, colliding with another moving vehicle and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as ambulance fees, X-ray expenses, EMT expenses and nursing services. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Be a smart shopper

We just showed you a lot of information how to shop for 1996 Mercury Grand Marquis insurance online. The key concept to understand is the more price quotes you have, the higher your chance of finding lower rates. You may even find the best price on insurance is with a smaller regional carrier. They may have significantly lower rates on certain market segments than their larger competitors like State Farm and Allstate.

Discount insurance can be sourced both online and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies may not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.

Additional detailed information is located by following these links: