Lower Your 1998 Mercury Grand Marquis Insurance Quotes

I can’t think of a single person who looks forward to buying insurance coverage, especially knowing their premiums are too high.

Numerous auto insurance companies battle for your insurance dollar, so it can be very hard to choose a company to find the absolute best price available.

Consumers need to do rate comparisons periodically because insurance rates are usually higher with each renewal. Just because you had the lowest rates on Grand Marquis insurance last year you can probably find a better price now. Forget anything you know (or think you know) about insurance coverage because we’re going to demonstrate the tricks you need to know to buy cheaper insurance coverage.

How to reduce Mercury Grand Marquis insurance rates

Insuring your vehicles can cost a lot, but companies offer discounts that you may not even be aware of. Certain discounts will be triggered automatically at the time of quoting, but less common discounts must be inquired about prior to getting the savings.

  • Organization Discounts – Affiliation with a qualifying organization is a good way to get lower rates when shopping for insurance on Grand Marquis insurance.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. The discount lasts up to age 25.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Mercury can qualify you for a substantially lower rate.
  • Paperwork-free – Certain companies give back up to $50 for buying a policy and signing up on their website.
  • Use Seat Belts – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off your PIP or medical payments premium.
  • Save over 55 – Older drivers may qualify for reduced rates on Grand Marquis insurance.
  • No Claims – Drivers with accident-free driving histories can earn big discounts compared to frequent claim filers.
  • Student Driver Training – Have your child complete a driver education course in high school.

A little note about advertised discounts, some credits don’t apply to all coverage premiums. Some only apply to the cost of specific coverages such as collision or personal injury protection. Just because it seems like having all the discounts means you get insurance for free, insurance companies aren’t that generous. But any discount will help reduce the amount you have to pay.

Car insurance companies that possibly offer these discounts are:

Check with every prospective company which discounts you may be entitled to. Some discounts may not apply in your state.

Mercury Grand Marquis rates are complex

An important part of buying insurance is that you know the different types of things that help determine insurance rates. Understanding what determines base rates allows you to make educated decisions that could result in big savings.

  • Don’t let your coverage lapse – Driving with no insurance can get your license suspended and your next policy will cost more because you let your insurance expire. And not only will insurance be more expensive, getting caught without coverage will get you a revoked license or a big fine.
  • Your insurance rates can be influenced by your job – Careers like lawyers, executives and financial analysts tend to pay higher average rates due to job stress and long work hours. Conversely, occupations such as actors, engineers and the unemployed have the lowest average rates on Grand Marquis insurance.
  • Men fork out a little more – The statistics show that men are more aggressive behind the wheel. However, this does not mean women are BETTER drivers than men. Women and men tend to get into accidents at about the same rate, but the males have costlier accidents. They also have more aggressive citations such as reckless driving. Youthful male drivers tend to get in the most accidents and thus pay the highest rates.
  • Pay less after the wedding – Getting married can actually save you money on insurance. Marriage means you’re more mature and responsible and statistics show married couples file fewer claims.

Tailor your coverage to you

When choosing the right insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions might point out if you could use an agent’s help.

  • Do all my vehicles need collision coverage?
  • What are the best liability limits?
  • How can I get high-risk coverage after a DUI?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What is high-risk coverage and where do I buy it?
  • When would I need additional glass coverage?
  • Are all vehicle passengers covered by medical payments coverage?
  • Am I getting all the discounts available?
  • Can I afford low physical damage deductibles?
  • Does my policy cover my teen driver if they drive my company car?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Save 15 percent in 15 minutes? Is it for real?

State Farm, Geico and Progressive consistently run ads on TV and radio. All the companies say the same thing that you’ll save big if you change your policy. How does each company make almost identical claims? It’s all in the numbers.

Insurance companies have a certain “appetite” for the type of customer that makes them money. A good example of a preferred risk could possibly be over the age of 40, insures multiple vehicles, and chooses high deductibles. A customer getting a price quote who meets those qualifications will qualify for the lowest rates and as a result will probably cut their rates substantially.

Potential customers who fall outside the “perfect” profile must pay higher prices and ends up with business not being written. Company advertisements say “customers who switch” but not “drivers who get quotes” save money. This is how insurance companies can confidently state the savings.

This illustrates why it’s extremely important to get as many comparisons as possible. Because you never know which company will have the lowest Mercury Grand Marquis insurance rates.

Auto insurance 101

Knowing the specifics of your policy can be of help when determining which coverages you need for your vehicles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on the average auto insurance policy.

Comprehensive (Other than Collision)

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as theft, a tree branch falling on your vehicle, falling objects and fire damage. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers 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 a good idea. Normally these coverages are identical to your policy’s liability coverage.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like hitting a parking meter, driving through your garage door, crashing into a ditch and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Liability insurance

This coverage protects you from damages or injuries you inflict on other’s property or people that is your fault. It protects YOU against claims from other people, and doesn’t cover 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 25/50/25 that means you have $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as structural damage, repair bills for other people’s vehicles and loss of income. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for expenses for things like prosthetic devices, chiropractic care, dental work, surgery and funeral costs. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Be a money saver!

In this article, we presented a lot of techniques to reduce 1998 Mercury Grand Marquis insurance prices online. The most important thing to understand is the more companies you get rates for, the better your chances of lowering your rates. Drivers may discover the biggest savings come from some of the lesser-known companies. These companies may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

As you go through the steps to switch your coverage, it’s not a good idea to reduce needed coverages to save money. There have been many cases where an insured dropped physical damage coverage and found out when filing a claim that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage at the best price while still protecting your assets.

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