View 1992 Mercury Cougar Insurance Rates

Trying to find the cheapest insurance rates for your Mercury Cougar? Are you tired of robbing Peter to pay Paul to buy car insurance? You are in the same boat as most other car owners. There is such a variety of insurance companies to pick from, and though it is a good thing to have multiple companies, lots of choices makes it harder to find the lowest cost provider.

How to Get Auto Insurance

All the larger auto insurance companies such as Progressive, GEICO, Allstate and State Farm allow you to get prices for coverage on their websites. Getting online quotes is pretty easy as you simply type in your coverage preferences into the quote form. After the form is submitted, the system automatically retrieves credit information and your driving record and gives you a price quote based on these factors. Being able to quote online helps simplify price comparisons, but the time it takes to visit each company’s website and repetitively enter the same data into a form can be a bit tiresome and repetitive. But it’s very important to get many rate quotes in order to get a better rate.

The easy way to compare rates

A less time-consuming method to find cheaper rates makes use of a single form that gets price quotes from more than one company. It’s a real time-saver, requires much less work on your part, and makes quoting online much more efficient. Once the form is submitted, it is rated and you can choose your choice of the quotes returned. If a lower price is quoted, it’s easy to complete the application and purchase coverage. This process can be completed in a matter of minutes and you will know how your current rates stack up.

To save time and compare rates using this form now, click here and submit your coverage information. If you have a policy now, it’s recommended you input the limits and deductibles exactly as shown on your declarations page. This way, you will get a price comparison for similar coverage.

How to reduce Mercury Cougar insurance rates

Companies don’t always publicize every available discount very well, so we took the time to find some of the best known and the harder-to-find savings tricks you should be using. If you don’t get every credit possible, you are throwing money away.

  • Auto/Life Discount – Some companies give lower rates if you buy life insurance from them.
  • Anti-theft Discount – Anti-theft and alarm systems help deter theft and will save you 10% or more.
  • Student Driver Training – Require your teen driver to complete a driver education course in high school.
  • Accident Forgiveness – A few companies will forgive one accident before raising your premiums if your claims history is clear for a certain period of time.
  • Senior Citizens – Mature drivers may be able to get a discount up to 10% on Cougar insurance.

Drivers should understand that some credits don’t apply to all coverage premiums. Some only reduce specific coverage prices like comprehensive or collision. Even though it may seem like all the discounts add up to a free policy, you won’t be that lucky.

Insurance companies who might offer these benefits include:

Check with all companies you are considering which discounts they offer. Savings might not apply in your state.

Tailor your coverage to you

When buying coverage, there really is no best way to insure your cars. Each situation is unique so your insurance should reflect that For instance, these questions may help you determine whether your personal situation might need an agent’s assistance.

  • What companies insure drivers after a DUI or DWI?
  • Can I rate high risk drivers on liability-only vehicles?
  • Does coverage extend to a rental car in a foreign country?
  • Why is insurance for a teen driver so high?
  • Is a new car covered when I drive it off the dealer lot?
  • Can my babysitter drive my car?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Insurance coverages explained

Understanding the coverages of insurance can be of help when determining which coverages you need for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Shown next are the normal coverages available from insurance companies.

Comprehensive or Other Than Collision – This pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, hitting a bird, falling objects and damage from flooding. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage – Collision coverage pays for damage to your Cougar resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as crashing into a building, colliding with a tree and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Medical costs insurance – Med pay and PIP coverage kick in for short-term medical expenses such as doctor visits, chiropractic care, hospital visits, surgery and pain medications. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

UM/UIM Coverage – This protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Mercury Cougar.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for liability – This coverage will cover damage that occurs to other people or property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against things like legal defense fees, medical services, funeral expenses and attorney fees. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.