2004 Ford Taurus Car Insurance Cost

Searching for better auto insurance rates? Consumers have many options when looking for affordable Ford Taurus insurance. They can either waste time struggling with agents to get rate comparisons or utilize the internet to compare rates.

There are more efficient ways to shop for auto insurance so you’re going to learn the best way to get price quotes on a Ford and obtain the best price possible from both online companies and local agents.

Insurance Quote Comparison

There are multiple methods you can shop for 2004 Ford Taurus insurance but there is one way that is less labor-intensive and much quicker. You can waste hours talking about coverages with insurance companies in your area, or you could save time and use online quotes to get rates in a matter of minutes.

Most major companies enroll in a system that enables customers to only type in their quote data once, and each company can give them a price. This eliminates the need for repetitive form submissions to each individual insurance company.

To submit your quote information now, click here to open in new window.

The one disadvantage to doing it this way is that consumers can’t choose the insurers you will receive quotes from. So if you want to choose specific insurance companies to request quotes from, we have a page of companies who write insurance in your area. Click here to view list.

However you get your quotes, ensure you are comparing exactly the same coverage limits on every quote you get. If you use mixed coverages then you won’t be able to determine the best price for your Ford Taurus.

Verify you’re getting all your discounts

Properly insuring your vehicles can get expensive, but you may find discounts that you may not know about. Certain discounts will be triggered automatically when you quote, but some must be inquired about before they will apply. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Memberships – Participating in a professional or civic organization could qualify you for a break when shopping for insurance coverage for Taurus coverage.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% for Taurus coverage with select insurance companies.
  • Safe Drivers – Drivers who avoid accidents may save up to 50% more for Taurus coverage than drivers with accident claims.
  • Student in College – Youth drivers who are attending college and don’t have a car may qualify for this discount.
  • Homeowners Discount – Owning a house may trigger a insurance coverage policy discount because maintaining a house is proof that your finances are in order.
  • Sign Online – Certain companies give back up to $50 for buying your policy online.

Keep in mind that some of the credits will not apply to all coverage premiums. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Even though it may seem like having all the discounts means you get insurance for free, you won’t be that lucky. But all discounts will cut the cost of coverage.

To see a list of companies who offer insurance coverage discounts, click here to view.

When should I talk to an agent?

When it comes to choosing the best car insurance coverage, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight whether you will benefit from professional help.

  • Should I get collision insurance on every vehicle?
  • Should I waive the damage coverage when renting a car?
  • Is my teenager covered with friends in the car?
  • Am I covered if I drive in a foreign country?
  • Does my insurance cover a custom paint job?
  • When should I drop full coverage on my 2004 Ford Taurus?
  • When can my company non-renew my policy?
  • When do I need to add a new car to my policy?
  • Does my personal policy cover me when driving out-of-state?
  • Can my babysitter drive my car?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It’s fast, free and can provide invaluable advice.

Elements that influence Ford Taurus insurance rates

Smart consumers have a good feel for the rating factors that go into determining the rates you pay for auto insurance. Understanding what impacts premium levels allows you to make educated decisions that could result in better auto insurance rates.

Listed below are a partial list of the pieces companies use to determine premiums.

  • Small claims can cost you – Auto insurance companies give better rates to policyholders who file claims infrequently. If you tend to file frequent claims, you can pretty much guarantee either higher rates or even cancellation. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • Your stress level may be raising your rates – Did you know that where you work can have an impact on rates? Occupations such as judges, social workers and stock brokers tend to pay the highest rates attributed to high stress levels and lots of time spent at work. On the other hand, occupations such as actors, students and performers have the lowest average rates for Taurus coverage.
  • More people means more accidents – Choosing to live in less populated areas is a positive aspect when talking about auto insurance. Fewer people translates into fewer accidents as well as less vandalism and auto theft. Drivers in populated areas have more traffic problems and longer commute times. More time commuting translates into higher accident risk.
  • Safer cars cost less to insure – Vehicles with good safety scores can get you lower premiums. The safest vehicles reduce injuries and any reduction in injury severity means less money paid by your insurance company and thus lower rates. If your Ford Taurus is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Little extras can really add up – There are quite a few extra bells and whistles that you can buy if you aren’t careful. Things like personal injury protection, towing coverage and term life insurance are some examples. They may seem like a good idea initially, but if they’re wasting money remove them from your policy.

Are you falling for claims of savings?

Consumers can’t ignore all the ads for the lowest price auto insurance by State Farm, Allstate and GEICO. They all make the same claim that you can save if you switch to their company.

How does each company make almost identical claims? It’s all in the numbers.

All the different companies can use profiling for the right customer that earns them a profit. For instance, a preferred risk might be between the ages of 40 and 55, has no prior claims, and drives newer vehicles. A customer getting a price quote who meets those qualifications will get very good rates and as a result will probably save when they switch companies.

Drivers who don’t meet the “perfect” profile must pay higher prices which leads to the customer not buying. The ads say “customers that switch” not “everyone that quotes” save money. That’s the way companies can truthfully make those claims.

This illustrates why drivers should get as many quotes as possible. It’s just too difficult to predict which company will give you the biggest savings on Ford Taurus insurance.

Auto insurance coverage considerations

Knowing the specifics of auto insurance helps when choosing which coverages you need for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement.

Comprehensive protection

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like theft, a tree branch falling on your vehicle and hail damage. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability coverages

Liability insurance protects you from damage that occurs to a person or their property. This coverage protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like legal defense fees, pain and suffering and court costs. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Uninsured or underinsured coverage

This coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Ford Taurus.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these limits are similar to your liability insurance amounts.

Collision coverage

Collision insurance will pay to fix damage to your Taurus from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like damaging your car on a curb, hitting a mailbox, hitting a parking meter, crashing into a ditch and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for bills such as EMT expenses, chiropractic care and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

More choices the merrier

The cheapest 2004 Ford Taurus insurance can be bought both online in addition to many insurance agents, so compare prices from both to have the best chance of lowering rates. Some auto insurance companies do not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

We just presented a lot of ways to shop for insurance online. It’s most important to understand that the more times you quote, the better chance you’ll have of finding lower rates. You may even find the best prices are with some of the smallest insurance companies.

While you’re price shopping online, you should never buy less coverage just to save a little money. There are many occasions where an insured dropped comprehensive coverage or liability limits only to discover later that saving that couple of dollars actually costed them tens of thousands. Your goal should be to purchase plenty of coverage at a price you can afford.

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