Cheaper 1994 Mercury Grand Marquis Car Insurance Cost

Looking for lower insurance coverage rates for your Mercury Grand Marquis? Did you fall for a flashy sales pitch and buy high-priced insurance coverage? Trust us, many consumers feel financially strained by their insurance coverage policy. There are many car insurance companies to purchase coverage from, and although it’s nice to have multiple companies, it can be more difficult to compare rates and cut insurance costs.

Choosing the best insurance company for you is quite easy. If you have insurance now or need a new policy, you can learn to reduce the price you pay while maximizing coverage. Vehicle owners only need an understanding of the proper way to shop over the internet.

Parts of the Mercury Grand Marquis rate equation

It’s important that you understand the different types of things that help determine car insurance rates. When you know what positively or negatively influences your rates enables informed choices that will entitle you to much lower annual insurance costs.

  • Males pay more for insurance – Statistics have proven women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. They both cause accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations such as DWI and reckless driving.
  • With age comes lower rates – Teenage drivers are statistically proven to be less responsible when behind the wheel so car insurance rates are higher. Older insureds tend to be more responsible, tend to cause fewer accidents and tend to be better behind the wheel.
  • Pay less if you’re married – Getting married helps lower the price when buying car insurance. Having a significant other usually means you are more mature than a single person it has been statistically shown that married couples file fewer claims.
  • Do you work long hours in a high stress job? – Did you know your job can affect your rates? Occupations like doctors, executives and accountants have higher rates than average in part from high stress and lots of time spent at work. On the flip side, professions such as actors, athletes and performers get better rates on Grand Marquis insurance.
  • Never let your coverage lapse – Driving your car without having proper coverage is illegal and as a result your rates will increase for letting your coverage have a gap. Not only will rates go up, getting caught without coverage may earn you a steep fine or even jail time.
  • Careful drivers pay lower rates – Good drivers get better rates compared to drivers with tickets. Even a single citation can increase rates twenty percent or more. Drivers who get flagrant violations such as DWI, reckless driving or hit and run convictions may be required to file a SR-22 to the state department of motor vehicles in order to keep their license.
  • Safer occupants lowers premiums – Cars with high safety ratings are cheaper to insure. Safer cars protect occupants better and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you. If your Mercury Grand Marquis earned at least four stars on you may qualify for a discount.
  • Claim-free discounts can add up – Auto insurance companies provide better rates to insureds who do not rely on their insurance for small claims. If you file claims often, you can pretty much guarantee either a policy non-renewal or much higher rates. Car insurance is intended to be relied upon for major claims that would cause financial hardship.

Cheap Car Insurance Comparisons

Effectively comparing car insurance prices can be exhausting if you don’t know the most efficient way. You could spend your day talking about coverages with insurance agencies in your area, or you could save time and use the internet to accomplish the same thing much quicker.

All the larger companies participate in an industry program where prospective buyers submit one quote, and every company provides a quote based on the submitted data. This system prevents you from having to do quote requests to every company.

To fill out one form to compare multiple rates now click here (opens in new window).

One minor caviat to using this type of system is you are unable to specify which companies to receive prices from. So if you want to choose individual companies to compare prices, we have assembled a list of companies who write car insurance in your area. View list of insurance companies.

It’s your choice how you get your quotes, but compare the exact same coverage information on every quote you get. If the quotes have different liability limits it’s impossible to determine the best price for your Mercury Grand Marquis.

Save $416 a year? Really?

Consumers can’t ignore all the ads for cheaper car insurance by companies like GEICO, State Farm and Progressive. They all make the same claim that you can save if you move to them.

How does each company make the same claim? It’s all in the numbers.

Different companies are able to cherry pick for the type of driver that is profitable for them. For example, a preferred risk might be profiled as between the ages of 40 and 55, insures multiple vehicles, and has great credit. A customer getting a price quote who meets those qualifications receives the best rates and is almost guaranteed to save when they switch companies.

Consumers who don’t qualify for this ideal profile will be quoted a higher premium and ends up with business not being written. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that much. That is how insurance companies can advertise the savings. This emphasizes why it is so important to get quotes from several different companies. You cannot predict which insurance companies will provide you with the cheapest Mercury Grand Marquis insurance rates.

Save with discounts on Mercury Grand Marquis insurance

Companies don’t always advertise every discount very well, so we took the time to find some of the more common as well as the least known ways to save on car insurance. If you don’t get every credit available, you’re paying more than you need to.

  • Good Student – A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
  • Discount for Life Insurance – Some companies give lower rates if you buy auto and life insurance together.
  • Passive Restraints – Vehicles with factory air bags can get savings of 20% or more.
  • Low Mileage – Low mileage vehicles could qualify for better rates on cars that stay parked.
  • Homeowners Discount – Owning a house may earn you a small savings because of the fact that having a home shows financial diligence.
  • Distant Student – Kids in college who attend school more than 100 miles from home without a vehicle on campus may be able to be covered for less.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts could cut 10% or more off the personal injury premium cost.
  • Drivers Education – Require your teen driver to enroll in driver’s education in school.

A little note about advertised discounts, some credits don’t apply the the whole policy. Some only reduce the cost of specific coverages such as liability and collision coverage. Just because it seems like all the discounts add up to a free policy, you’re out of luck.

A partial list of companies that possibly offer some of the above discounts include:

Before buying, ask every prospective company which discounts they offer. All car insurance discounts may not apply in every state.

Tailor your coverage to you

When it comes to choosing the best car insurance coverage, there is no “best” method to buy coverage. Each situation is unique and your policy should reflect that. Here are some questions about coverages that might point out if your situation would benefit from an agent’s advice.

  • What is no-fault insurance?
  • Is a new car covered when I drive it off the dealer lot?
  • Do I have any recourse if my insurance company denies a claim?
  • When does my teenage driver need to be added to my policy?
  • Does coverage extend to my business vehicle?
  • What can I do if my company denied a claim?
  • Is other people’s property covered if stolen from my vehicle?
  • Am I covered if I drive in a foreign country?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area. It’s fast, free and may give you better protection.

Coverages available on your policy

Knowing the specifics of your policy can be of help when determining the right coverages for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages offered by insurance companies.

Collision coverage – Collision coverage pays for damage to your Grand Marquis caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims such as damaging your car on a curb, sideswiping another vehicle, scraping a guard rail, hitting a parking meter and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive insurance – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like rock chips in glass, damage from getting keyed and theft. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability coverage – Liability insurance provides protection from damage or injury you incur to other’s property or people. It protects YOU against other people’s claims, 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. As an example, you may have limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability can pay for claims like loss of income, medical services and legal defense fees. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for bills for things like chiropractic care, funeral costs, EMT expenses, rehabilitation expenses and pain medications. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Smart consumers save more

In this article, we presented many ways to reduce 1994 Mercury Grand Marquis insurance prices online. The key concept to understand is the more price quotes you have, the better your comparison will be. You may even discover the best price on car insurance is with some of the smallest insurance companies. Some small companies may cover specific market segments cheaper than the large multi-state companies such as GEICO and State Farm.

Cheap insurance can be sourced online as well as from independent agents, so compare prices from both to have the best chance of lowering rates. A few companies don’t offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

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