Cheap 2005 Mercury Montego Insurance Cost

Trying to find lower auto insurance rates for your Mercury Montego? Are you overwhelmed by the wide range of auto insurance choices? You have a lot of company. You have so many choices that it can turn into a big hassle to find the lowest price.

You should take the time to check auto insurance prices periodically since rates fluctuate regularly. Just because you found the best rates on Montego insurance a year ago there may be better deals available now. Forget all the misinformation about auto insurance because you’re about to find out how to quote online to find better coverage at a better price.

How to Compare Auto Insurance Costs

There are several ways to get quotes from different insurance companies. The recommended way to compare 2005 Mercury Montego insurance prices consists of obtaining rate quotes online. This can be done in just a few minutes using one of these methods.

The recommended way to find low rates would be an industry-wide quote request form click to view form in new window. This form saves time by eliminating separate quote forms for every auto insurance company. Taking the time to complete one form will get you price quotes direct from many companies. Just one form and you’re done.

A slightly less efficient method to analyze rates requires visiting each company’s website and complete a new quote form. For example, we’ll assume you want to compare rates from Progressive, Farmers and Allstate. To find out each rate you need to take the time to go to each site and enter your policy data, which is why the first method is quicker.

For a list of links to companies insuring cars in your area, click here.

Which method you use is up to you, but ensure you’re using identical coverage limits and deductibles on every quote you get. If you compare different values for each quote you can’t possibly make a fair comparison for your Mercury Montego. Quoting even small variations in limits may result in large price differences. And when comparison shopping, obtaining a wide range of quotes will enable you to find the best price.

Do drivers who switch really save $461 a year?

Auto insurance companies such as 21st Century, Allstate and State Farm regularly use ads in print and on television. They all seem to make an identical promise about savings if you move your coverage to them. But how can every company make the same claim?

Insurance companies have a certain “appetite” for the right customer they prefer to insure. For instance, a preferred risk might be between 30 and 50, has no prior claims, and has a high credit rating. Any driver who matches those parameters receives the best rates and as a result will probably save quite a bit of money when switching.

Potential insureds who do not match this ideal profile will have to pay higher rates which usually ends up with the customer not buying. The ads state “customers who switch” not “everyone that quotes” save money. That’s why insurance companies can claim big savings. Because of the profiling, drivers must get as many quotes as possible. It’s just too difficult to predict which company will have the lowest Mercury Montego insurance rates.

Complexity of Mercury Montego insurance rates

An important part of buying insurance is that you know some of the elements that play a part in calculating the rates you pay for insurance coverage. When you know what positively or negatively influences your rates allows you to make educated decisions that may reward you with better insurance coverage rates.

Shown below are a few of the “ingredients” companies use to determine rates.

  • Multi-policy discounts can save money – Many insurance coverage companies provide better rates 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 if you’re getting this discount it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible. You may still find better rates by insuring with multiple companies.
  • An active claims history can cost you – If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Companies generally give lower rates to drivers who do not rely on their insurance for small claims. Car insurance is intended for major claims that would cause financial hardship.
  • More people means more accidents – Residing in a small town can be a good thing when insuring your vehicles. Drivers in populated areas regularly have much more traffic and longer commute times. Lower population translates into fewer accidents as well as less vandalism and auto theft.
  • Increase deductibles and save – Deductibles for physical damage define the amount you are willing to pay out-of-pocket in the event of a claim. Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your car. Some examples of claims that would be covered could be running into the backend of another car, damage from fire, and burglary. The higher the amount the insured has to pay upfront, the lower your rates will be on Montego insurance.
  • Tickets mean higher rates – A bad driving record has a lot to do with how much you pay for insurance. Drivers with clean records get better rates than their less careful counterparts. Even a single moving violation may increase your cost by twenty percent. If you have dangerous violations such as hit and run, DWI or reckless driving convictions may find they need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent a license revocation.
  • Don’t get talked into coverage you don’t need – There are quite a few additional coverages that can waste your money when buying insurance coverage. Insurance for roadside assistance, accident forgiveness and additional equipment coverage may be wasting your money. These coverages may sound good when you first buy your policy, but now you might not need them so eliminate the coverages to reduce your premium.
  • Pay less if you’re married – Having a wife or husband helps lower the price on insurance coverage. Having a spouse usually means you are more mature and it’s proven that married drivers get in fewer accidents.

Companies offer discounts so take them!

Companies offering auto insurance do not advertise every available discount in an easy-to-find place, so we took the time to find both the well known and the more hidden discounts you could be receiving.

  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
  • Drive Less and Save – Fewer annual miles on your Mercury could qualify for discounted rates on garaged vehicles.
  • Early Signing – Select companies give a discount for switching to them prior to your current policy expiration. This can save 10% or more.
  • Distant Student – Any of your kids who are attending college without a vehicle on campus can receive lower rates.
  • Payment Method – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • Drivers Education – Have your child enroll in driver’s education in school.

Keep in mind that most of the big mark downs will not be given the the whole policy. The majority will only reduce the cost of specific coverages such as comp or med pay. So even though it sounds like you could get a free insurance policy, it doesn’t quite work that way.

Companies that may have these discounts include:

It’s a good idea to ask every prospective company which discounts you may be entitled to. Some discounts may not be available in your state.

Do I just need basic coverages?

When it comes to choosing the right insurance coverage, there is no cookie cutter policy. Every insured’s situation is different.

Here are some questions about coverages that might point out if your situation will benefit from professional help.

  • How can I force my company to pay a claim?
  • What discounts do I qualify for?
  • Do I get a pro-rated refund if I cancel my policy early?
  • What is PIP insurance?
  • Does my policy pay for OEM or aftermarket parts?
  • Is my babysitter covered when using my vehicle?
  • Can I afford low physical damage deductibles?
  • Does my 2005 Mercury Montego qualify for pleasure use?
  • Is my Mercury Montego covered if I use it for business?
  • Do I need medical payments coverage since I have good health insurance?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form.

Parts of your car insurance policy

Knowing the specifics of car insurance can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Mercury Montego.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for funeral costs, prosthetic devices, EMT expenses and chiropractic care. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive insurance

This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as a broken windshield, damage from a tornado or hurricane, damage from flooding and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto liability

This coverage will cover damages or injuries you inflict on other’s property or people in an accident. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability can pay for things such as repair costs for stationary objects, legal defense fees, medical expenses and court costs. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Coverage for collisions

Collision insurance will pay to fix damage to your Montego from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like scraping a guard rail, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Do the work, save more money

As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. In many instances, an insured dropped collision coverage only to find out that it was a big error on their part. Your focus should be to find the BEST coverage for the lowest price.

Affordable 2005 Mercury Montego insurance can be sourced from both online companies and with local insurance agents, and you need to price shop both to have the best rate selection. Some insurance companies do not offer you the ability to get quotes online and these small insurance companies work with independent agents.

People change insurance companies for any number of reasons including extreme rates for teen drivers, being labeled a high risk driver, lack of trust in their agent and even not issuing a premium refund. Regardless of your reason, switching auto insurance companies is actually quite simple.

Much more information about auto insurance can be read at these links: