Searching for the cheapest insurance rates for your Mercury Cougar? Are you sick and tired of paying out the nose to pay your car insurance bill each month? You’re in the same situation as the majority of other car owners.
You have multiple insurers to choose from, and even though it’s nice to have multiple companies, it makes it harder to adequately compare rates.
All the larger insurance companies allow you to get insurance quotes online. The process is fairly simple as you simply type in your required coverages into a form. Once you submit the form, the company’s rating system obtains your driving and credit reports and returns pricing information based on these and other factors. This helps simplify price comparisons, but having to visit a lot of sites and complete many quote forms is repetitive and time-consuming. But it is imperative to do this in order to find a better rate.
A more efficient way to find better insurance pricing uses one form that obtains quotes from multiple companies. It saves time, requires much less work on your part, and makes rate comparisons much easier to do. After sending your information, it gets priced with multiple companies and you can pick any one of the price quotes you receive.
If a lower price is quoted, you can click and sign and purchase the new policy. This process just takes a couple of minutes and may result in a nice savings.
In order to fill out one form to compare multiple rates now, simply click here to open in new window and submit your coverage information. If you have your current policy handy, we recommend you complete the form with the limits and deductibles exactly as shown on your declarations page. Doing this guarantees you will have rate comparison quotes for similar insurance coverage.
Properly insuring your vehicles can get expensive, but there could be available discounts to help offset the cost. Certain discounts will be triggered automatically when you purchase, but some must be specially asked for in order for you to get them.
As a disclaimer on discounts, most discount credits are not given to the entire cost. Most cut specific coverage prices like comprehensive or collision. So when it seems like it’s possible to get free car insurance, companies wouldn’t make money that way. Any amount of discount will bring down your overall premium however.
Companies that may have these discounts are:
Before buying, ask all companies you are considering how you can save money. Some discounts may not be available in every state.
When it comes to choosing coverage, there isn’t really a one size fits all plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions might help in determining whether your personal situation could use an agent’s help.
If you can’t answer these 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 or you can go here for a list of companies in your area.
An important part of buying insurance is that you know some of the elements that play a part in calculating insurance coverage rates. When you know what positively or negatively influences your rates helps enable you to make changes that will entitle you to better insurance coverage rates.
Shown below are a partial list of the pieces that factor into prices.
Insurance providers like Allstate, GEICO and Progressive continually stream ads in print and on television. They all make an identical promise that you’ll save big after switching to them. But how can every company claim to save you money?
Different companies have a certain “appetite” for the driver that earns them a profit. A good example of a profitable customer could possibly be over the age of 40, insures multiple vehicles, and has a high credit rating. A propective insured who fits that profile will get the preferred rates and as a result will probably pay quite a bit less when switching companies.
Drivers who don’t qualify for this ideal profile will be quoted higher premiums which usually ends up with business not being written. The ads state “customers who switch” not “everybody who quotes” save that kind of money. That’s the way insurance companies can state the savings.
This emphasizes why drivers should get a wide range of price quotes. It’s just too difficult to predict the company that will have the lowest Mercury Cougar insurance rates.
Knowing the specifics of your policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find typical coverages offered by insurance companies.
Auto liability
Liability insurance provides protection from damage that occurs to other’s property or people. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage protects against things like pain and suffering, attorney fees, medical services, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.
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 injuries to you and your family 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. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.
Comprehensive coverage
This will pay to fix damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as damage from a tornado or hurricane, theft, damage from getting keyed and damage from flooding. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Medical payments coverage and PIP
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for doctor visits, funeral costs and chiropractic care. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible
Collision coverage protection
This coverage covers damage to your Cougar from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims such as rolling your car, crashing into a building, colliding with a tree and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.
We just covered a lot of techniques to shop for 1991 Mercury Cougar insurance online. The key thing to remember is the more quotes you get, the better likelihood of reducing your rate. You may even discover the best price on insurance is with an unexpected company. They may often insure only within specific states and give getter rates compared to the large companies like State Farm or Progressive.
As you restructure your insurance plan, do not buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced liability coverage limits and learned later that it was a big mistake. The aim is to buy the best coverage you can find at a price you can afford, not the least amount of coverage.