How Much Does 2005 Mercury Grand Marquis Insurance Cost?

Want lower insurance coverage rates for your Mercury Grand Marquis? Trying to find low-cost insurance for a new or used Mercury Grand Marquis could be an all-consuming task, but you can learn our insurance coverage buying tips to make it easier. There are more efficient ways to find insurance coverage online and you need to know the proper way to compare rates for your Mercury and locate the cheapest rates from both online companies and local agents.

It’s a good idea to compare prices once or twice a year because rates tend to go up over time. Even if you think you had the best deal for Grand Marquis coverage six months ago other companies may now be cheaper. Forget anything you know (or think you know) about insurance coverage because I’m going to let you in on the secrets to the fastest and easiest way to find better coverage at a better price.

Which Insurance Coverage is Cheapest?

Shopping for lower insurance coverage rates can take time and effort if you don’t understand the fastest way to get free quotes. You can waste a lot of time talking to agents in your area, or you could use online quoting to achieve your goal.

Many popular insurance companies belong to a marketplace that enables customers to complete one form, and each company returns a rated price based on that data. This eliminates the need for quote requests to each individual insurance coverage company.

To find out what other companies charge for 2005 Mercury Grand Marquis insurance click here to open in new window.

The only drawback to getting quotes like this is buyers cannot specifically choose which carriers to get pricing from. If you would rather choose from a list of companies to compare rates, we have assembled a list of insurance coverage companies in your area. Click to view list.

It doesn’t matter which method you choose, just be sure to compare apples-to-apples quote information for every company. If your comparisons have different liability limits you will not be able to make a fair comparison for your Mercury Grand Marquis.

Do you qualify for discounts?

Companies that sell car insurance do not list all available discounts in a way that’s easy to find, so we researched some of the more common and the harder-to-find savings tricks you should be using. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

No Claims – Drivers with accident-free driving histories can earn big discounts compared to accident-prone drivers.
Passive Restraint Discount – Vehicles equipped with air bags can get savings of 20% or more.
Student in College – Youth drivers who are attending college without a vehicle on campus may qualify for this discount.
Homeowners Savings – Being a homeowner can help you save on insurance because of the fact that having a home demonstrates responsibility.
Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
Safe Driver Discount – Safe drivers can get discounts for up to 45% lower rates for Grand Marquis coverage than their less cautious counterparts.
Save over 55 – Mature drivers can possibly qualify for a discount up to 10% for Grand Marquis coverage.
Drive Less and Save – Low mileage vehicles can qualify you for a substantially lower rate.
Save with a New Car – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
Student Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class in school.

It’s important to understand that most discounts do not apply to the overall cost of the policy. A few only apply to individual premiums such as collision or personal injury protection. Even though it may seem like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

To see a list of providers who offer insurance discounts, click this link.

Don’t assume everyone needs the same coverage

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different.

For example, these questions can help discover if your insurance needs will benefit from professional help.

Do I need medical payments coverage since I have good health insurance?
Can I get a multi-policy discount for packaging my home and auto coverage?
Should I rate my 2005 Mercury Grand Marquis as pleasure use or commute?
What is the minimum liability in my state?
Do I need replacement cost coverage?
Do I need to file an SR-22 for a DUI in my state?
Does my personal policy cover me when driving out-of-state?
Do I have newly-aquired coverage?
How do I insure my teen driver?
Can I afford low physical damage deductibles?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form. It is quick, free and can provide invaluable advice.

Coverages available on your auto insurance policy

Knowing the specifics of auto insurance aids in choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be confusing and coverage can change by endorsement.

Collision coverage

This pays for damage to your Grand Marquis caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as crashing into a building, damaging your car on a curb, backing into a parked car and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists 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.

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.

Auto liability insurance

This provides protection from injuries or damage you cause to a person or their property that is your fault. It protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for claims such as legal defense fees, emergency aid, loss of income, funeral expenses and court costs. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like hail damage, falling objects, damage from flooding, damage from getting keyed and theft. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Insurance for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses like prosthetic devices, surgery, doctor visits, nursing services and dental work. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage