Save on 2005 Ford Thunderbird Insurance Quotes

Looking for lower insurance coverage rates for your Ford Thunderbird? Are you a victim of overpriced insurance coverage? Trust us when we tell you many consumers feel financially strained by their insurance coverage policy.

Online insurance companies like State Farm, Allstate, GEICO and Progressive continually bombard you with catchy ads and consumers find it hard to sift through the bull and take the time to shop coverage around.

It’s a good habit to get comparison quotes yearly since rates change frequently. Just because you found the best rates on Thunderbird coverage on your last policy a different company probably has better rates today. So just forget anything you know (or think you know) about insurance coverage because we’re going to show you the quickest way to lower your annual insurance bill.

If you currently have a car insurance policy, you should be able to save some money using these tips. Finding the best rates is easy if you know what you’re doing. Nevertheless, vehicle owners do need to learn how insurance companies market insurance on the web.

Why your Ford Thunderbird insurance rates may be high

Consumers need to have an understanding of the rating factors that come into play when calculating your insurance rates. Knowing what influences your rates enables informed choices that will entitle you to better insurance rates.

  • Lower deductibles cost more – Physical damage deductibles represent how much money you are willing to pay out-of-pocket if you file a covered claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some examples of claims that would be covered would be colliding with a building, damage from fire, or theft. The more money the insured has to pay upfront, the less your company will charge you for insurance on Thunderbird coverage.
  • Do you qualify for a multi-policy discount? – Many companies will give a discount to policyholders who consolidate policies with them, otherwise known as a multi-policy discount. Even with this discount, you still need to compare rates to verify if the discount is saving money.
  • Do you need those extra coverages? – There are a ton of extra coverages that you can buy if you aren’t careful. Things like rental car reimbursement, towing coverage and motor club memberships are examples of these. These may sound like a good investment initially, but if you don’t need them remove them from your policy.
  • You might want pay the small claims yourself – If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Auto insurance companies generally give discounts to people who do not rely on their insurance for small claims. Car insurance is meant to be used in the event of the large, substantial claims.

Cut prices on Ford Thunderbird insurance

The cost of insuring your cars can be expensive, but there are discounts available that you may not even be aware of. Some discounts apply automatically at the time you complete a quote, but lesser-known reductions have to be requested specifically in order for you to get them.

  • Auto/Home Discount – When you combine your home and auto insurance with the same insurance company you will save up to 20% off your total premium.
  • Accident Forgiveness – A handful of insurance companies allow you one accident before raising your premiums if your claims history is clear for a particular time prior to the accident.
  • Own a Home – Simply owning a home may earn you a small savings because of the fact that having a home requires personal responsibility.
  • Student Driver Training – Cut your cost by having your teen driver take driver’s ed class if offered at their school.
  • Multi-car Discount – Having more than one vehicle on one policy could earn a price break for each car.
  • Student in College – Children who attend school more than 100 miles from home without a vehicle on campus may qualify for this discount.
  • Driver Safety – Taking a course in driver safety can save you 5% or more if you qualify.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on Thunderbird coverage depending on your company.

It’s important to understand that some credits don’t apply to the entire policy premium. Most only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like you can get free auto insurance, companies wouldn’t make money that way. Any qualifying discounts will help reduce your premiums.

Insurance companies that possibly offer these discounts include:

It’s a good idea to ask every prospective company how you can save money. All car insurance discounts might not be offered in your area.

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

Progressive, Allstate and GEICO regularly use ads on television and other media. All the companies say the same thing that you can save if you move to them. How can each company claim to save you money?

Different companies have a certain “appetite” for the type of driver that makes them money. An example of a preferred risk could possibly be between the ages of 40 and 55, owns a home, and has a high credit rating. Any driver who matches those parameters receives the best rates and as a result will probably pay quite a bit less when switching companies.

Drivers who don’t qualify for these standards will be quoted more money which leads to business going elsewhere. The ad wording is “drivers who switch” not “everybody who quotes” save that much. That’s the way insurance companies can claim big savings.

This emphasizes why it’s extremely important to get a wide range of price quotes. You cannot predict which insurance companies will provide you with the cheapest Ford Thunderbird insurance rates.

Tailor your coverage to you

When buying the best auto insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Everyone’s needs are different so your insurance needs to address that. For example, these questions can help discover if your situation might need an agent’s assistance.

  • Is my ex-spouse still covered by my policy?
  • Am I covered if I break a side mirror?
  • When should I remove comp and collision on my 2005 Ford Thunderbird?
  • When can I cancel my policy?
  • Is my custom paint covered by insurance?
  • Should I have a commercial auto policy?
  • Is my trailer covered?
  • Who is covered when they drive my 2005 Ford Thunderbird?
  • Does insurance cover damages from a DUI accident?
  • How can I get high-risk coverage after a DUI?

If you’re not sure about those questions, then you may want to think about talking to an agent. To find an agent in your area, complete this form or click here for a list of auto insurance companies in your area.

Information about specific coverages

Knowing the specifics of a car insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Car insurance terms can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverages offered by car insurance companies.

Auto liability insurance

This protects you from damage that occurs to people or other property in an accident. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. 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 can pay for things like structural damage, loss of income, legal defense fees, medical services and bail bonds. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for dental work, hospital visits, doctor visits, surgery and funeral costs. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. PIP is not available in all states and may carry a deductible

Coverage for uninsured or underinsured drivers

This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Coverage for collisions

This coverage pays for damage to your Thunderbird resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a parking meter, colliding with a tree, crashing into a building and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive car insurance

Comprehensive insurance pays for 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 vandalism, a broken windshield and falling objects. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

More effort can pay off

While you’re price shopping online, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many cases, an insured dropped physical damage coverage only to regret that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

Cheap 2005 Ford Thunderbird insurance can be purchased from both online companies and also from your neighborhood agents, so compare prices from both in order to have the best price selection to choose from. Some insurance companies may not provide the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

You just read a lot of ways to get a better price on insurance. The key thing to remember is the more rate comparisons you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest priced car insurance comes from a small mutual company. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate or State Farm.

More tips and info about car insurance is available by following these links: