Cheap 2008 Ford Taurus X Car Insurance Cost

Searching for the cheapest car insurance rates for your Ford Taurus X? Are you sick and tired of paying out the nose to insure your Ford every month? You are no different than many other consumers. Many car insurance companies compete to insure your vehicles, so it can be very hard to choose a company to discover the definitive lowest rate

These factors can influence what you pay for Ford Taurus X insurance

It’s important that you understand the different types of things that help determine auto insurance rates. Understanding what controls the rates you pay helps enable you to make changes that will entitle you to big savings.

  • Safe vehicles cost less to insure – Vehicles with good safety scores get lower rates. Safer cars result in less severe injuries and lower injury rates means lower claim amounts and more competitive rates for policyholders. If your Ford Taurus X scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Do you know you’re credit rating? – A driver’s credit rating is a large factor in your rate calculation. Drivers with high credit scores tend to file fewer claims and have better driving records as compared to drivers with lower credit scores. If your credit can use some improvement, you could potentially save money when insuring your 2008 Ford Taurus X by spending a little time repairing your credit.
  • Liability coverage is cheap – The liability section of your policy will protect you when you are found liable for damages from an accident. It provides legal defense coverage starting from day one. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not skimp.
  • Consolidate policies to earn discounts – Some companies give discounts to insureds who carry more than one policy, otherwise known as a multi-policy discount. If you currently are using one company, it’s in your best interest to shop around to ensure the best deal. Drivers may still find better rates by buying auto insurance from a different company.
  • More people means more accidents – Residing in small towns and rural areas can save you money when talking about auto insurance. City drivers tend to have traffic congestion and much longer commute distances. Fewer people means fewer accidents and a lower car theft rate.
  • Extra coverages can waste money – There are quite a few extra coverages that can waste your money when buying auto insurance. Coverages like roadside assistance, accident forgiveness and membership fees are examples of these. These may sound like a good investment when talking to your agent, but your needs may have changed so get rid of them and save.
  • An active claims history can cost you – Auto insurance companies generally give lower rates to policyholders who are claim-free. If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Car insurance is designed for the bigger claims that can’t be paid out-of-pocket.

Be sure to get all your discounts

Insurance can be prohibitively expensive, but companies offer discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at the time of purchase, but less common discounts must be requested specifically before they will apply. If you aren’t receiving every discount you qualify for, you’re paying more than you need to.

  • Safe Drivers – Safe drivers can pay as much as 50% less for Taurus X coverage than drivers with accidents.
  • Drivers Education – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
  • Lower Rates for Military – Having a deployed family member could mean lower rates.
  • Accident Waiver – A handful of insurance companies will allow you to have one accident before hitting you with a surcharge if your claims history is clear for a set time period.
  • Low Mileage Discounts – Driving fewer miles can qualify you for discounted rates on garaged vehicles.
  • Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
  • Discount for Swiching Early – Some companies give discounts for buying a policy prior to your current policy expiring. The savings is around 10%.
  • Bundle and Save – If you insure your home and vehicles with the same insurance company you may save at least 10% off all policies.
  • Save with a New Car – Buying coverage on a new vehicle can cost up to 25% less compared to insuring an older model.

It’s important to understand that some of the credits will not apply to all coverage premiums. The majority will only reduce specific coverage prices like collision or personal injury protection. So when it seems like all the discounts add up to a free policy, it just doesn’t work that way. But any discount will reduce your premiums.

A partial list of companies that possibly offer these money-saving discounts are:

Before buying, ask every prospective company which discounts they offer. Discounts may not apply everywhere.

How do I know if I need professional advice?

When it comes to buying proper insurance coverage, there is no single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that could help you determine if your insurance needs would benefit from an agent’s advice.

  • Am I covered when driving on a suspended license?
  • Are my friends covered when driving my car?
  • Is my teenager covered with friends in the car?
  • Why am I required to buy high-risk coverage?
  • Is my teen driver covered when they drive my company car?
  • Is rental equipment covered for theft or damage?
  • How do I buy GAP insurance?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, free and may give you better protection.

Coverages available on your car insurance policy

Understanding the coverages of a car insurance policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the normal coverages found on most car insurance policies.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for bills for prosthetic devices, pain medications, nursing services and rehabilitation expenses. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision protection

This coverage pays for damage to your Taurus X resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like hitting a parking meter, colliding with another moving vehicle, rolling your car and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Liability coverage

This coverage can cover damage that occurs to other’s property or people. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like medical expenses, attorney fees, bail bonds, emergency aid and structural damage. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like damage from flooding, a broken windshield, hitting a deer and damage from getting keyed. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your 2008 Ford Taurus X.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages do not exceed the liability coverage limits.

Power to the consumer

In this article, we covered many tips how you can compare 2008 Ford Taurus X insurance prices online. The most important thing to understand is the more times you quote, the better your comparison will be. You may even find the best prices are with a lesser-known regional company. They can often insure niche markets at a lower cost compared to the large companies like State Farm or Progressive.

Cost effective insurance can be bought on the web as well as from independent agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance companies don’t offer online quoting and these smaller companies work with independent agents.

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