Lower Your 2007 Mercury Montego Insurance Quotes

Having to pay for overpriced insurance coverage can take a big chunk out of your checking account and put the squeeze on your family’s finances. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away.

Many insurers vie for your business, and it can be difficult to compare rates and uncover the absolute cheapest price

Compare the Market for Auto Insurance

There are a variety of methods to shop for 2007 Mercury Montego auto insurance, but there is one way that is less labor-intensive and much quicker. You can spend countless hours talking about coverages with insurance agencies in your area, or you could save time and use online quotes to get prices fast.

Many of the larger companies take part in a program where prospective buyers enter their coverage request one time, and each company returns a rated price based on the submitted data. This system prevents you from having to do form submissions to every company.

To participate in this free quote system, click here (opens in new window).

The one disadvantage to comparing rates this way is buyers cannot specifically choose which providers you want to price. So if you want to select specific insurance companies to receive pricing from, we have a page of auto insurance companies in your area. Click here to view list.

Which method you use is up to you, but make sure you use the exact same coverage limits with each company. If each company quotes different liability limits then you won’t be able to determine which rate is truly the best. Just a small difference in coverage limits can mean a large discrepancy in price. Just remember that getting more free quotes provides better odds of finding a lower rate.

Companies offer discounts so take them!

Companies don’t always advertise every discount very clearly, so we researched some of the more common and the more hidden auto insurance savings.

  • Employee of Federal Government – Simply working for the federal government may qualify you for a discount on Montego coverage with a few auto insurance companies.
  • Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • College Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Safe Driver Discount – Drivers who avoid accidents may save up to 50% more on Montego coverage than drivers with accident claims.
  • Service Members Pay Less – Having a deployed family member may qualify for rate reductions.
  • Seat Belt Usage – Requiring all passengers to buckle their seat belts could save 15% off your PIP or medical payments premium.

Keep in mind that most discounts do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears you could get a free auto insurance policy, it just doesn’t work that way.

For a list of insurance companies with the best auto insurance discounts, click here.

Do I just need basic coverages?

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions might point out whether your personal situation might need professional guidance.

  • Is upholstery damage covered by car insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • Should I buy only the required minimum liability coverage?
  • When should I remove comp and collision on my 2007 Mercury Montego?
  • Why does it cost so much to insure a teen driver?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Is my teenager covered with friends in the car?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Mercury Montego insurance rates have many determining factors

An important part of buying insurance is that you know the factors that come into play when calculating car insurance rates. When you know what positively or negatively controls the rates you pay helps enable you to make changes that may reward you with big savings.

The list below includes some of the items that factor into rates.

  • Proper usage rating affects rates – The more miles you rack up on your Mercury in a year the higher your rates will be. Most companies charge to insure your cars based upon how you use the vehicle. Vehicles left parked in the garage receive lower rates as compared to vehicles used primarily for driving to work. Improper usage on your Montego can cost quite a bit. Make sure your car insurance policy shows how each vehicle is driven, because improper ratings can cost you money.
  • Bundling policies can get discounts – Most insurance companies will give a discount to customers who buy several policies from them in the form of a multi-policy discount. Even if you’re getting this discount it’s in your best interest to compare rates to ensure the best deal. You may still be able to find better rates by insuring with multiple companies.
  • Credit scores impact car insurance rates – Your credit rating is a big factor in calculating your car insurance rates. People with high credit scores tend to be more responsible as compared to drivers with poor credit. If your credit rating can use some improvement, you could pay less to insure your 2007 Mercury Montego by repairing your credit.
  • Bump up deductibles to save – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Mercury. Some instances where coverage would apply would be running into the backend of another car, collision with an animal, and rolling your vehicle. Physical damage deductibles are how much you are required to spend if you file a covered claim. The more expense you are required to pay out-of-pocket, the less your car insurance will be on Montego coverage.
  • Having a spouse can save you money – Being married can get you a discount when buying car insurance. Having a significant other usually means you are more responsible and statistics show married couples file fewer claims.
  • Your car’s features help determine rates – Driving a car that has an advanced theft prevention system can help lower your rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.
  • No coverage gaps is important – Letting your insurance expire will be a fast way to increase your car insurance rates. Not only will rates go up, but being ticketed for driving with no insurance might get you a steep fine or even jail time.Then you may be required to submit proof of financial responsibility or a SR-22 with your state DMV.
  • More claims means more premium – If you file claims often, you can look forward to higher rates. Companies provide discounts to policyholders who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of larger claims.

Do drivers who switch really save $402 a year?

Companies like Progressive, GEICO, Allstate and State Farm regularly use ads on TV and radio. All the ads have a common claim about savings if you move your coverage to them. How can each company claim to save you money? This is how they do it.

Different companies have a preferred profile for the type of driver they prefer to insure. A good example of a profitable customer might be between 25 and 40, has no driving citations, and drives less than 7,500 miles a year. A driver who fits that profile will get the preferred rates and therefore will save a lot of money.

Potential insureds who don’t meet this ideal profile will have to pay a higher premium and this can result in business not being written. The ad wording is “customers that switch” not “everyone that quotes” save that kind of money. That’s why companies can advertise the savings. Because of the profiling, you absolutely need to compare many company’s rates. You cannot predict the company that will give you the biggest savings on Mercury Montego insurance.

Coverages available on your insurance policy

Having a good grasp of your policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverage types offered by insurance companies.

Medical expense insurance

Med pay and PIP coverage pay for immediate expenses for dental work, rehabilitation expenses, X-ray expenses, EMT expenses and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision protection

This pays for damage to your Montego resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as crashing into a ditch, colliding with another moving vehicle, backing into a parked car and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Mercury Montego.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive (Other than Collision)

This covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, vandalism, damage from a tornado or hurricane and hitting a deer. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability insurance

Liability insurance protects you from injuries or damage you cause to people or other property. It protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage protects against claims such as funeral expenses, attorney fees, pain and suffering and structural damage. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible.

Pennies from heaven

Low-cost 2007 Mercury Montego insurance can be found from both online companies and also from your neighborhood agents, so compare prices from both to have the best selection. Some companies may not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. In too many instances, someone sacrificed liability coverage limits and found out when filing a claim that the savings was not a smart move. The proper strategy is to find the BEST coverage at an affordable rate, not the least amount of coverage.

We just presented many tips how you can get a better price on insurance. The key thing to remember is the more quotes you get, the better likelihood of reducing your rate. Consumers may even find the best prices are with some of the lesser-known companies. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like GEICO and State Farm.

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