Lower Your 2003 Ford Taurus Insurance Quotes

Looking for cheaper insurance rates for your Ford Taurus? Nobody looks forward to paying for insurance, in particular when their premiums are too high.

With so many insurance companies to choose from, it can be hard to locate the most cost effective company.

You need to shop coverage around once or twice a year because rates are constantly changing. If you had the best deal for Taurus coverage two years ago there may be better deals available now. You can find a lot of wrong information about insurance online, so I’m going to show you some excellent ideas to save money.

Buying car insurance is quite easy. If you have car insurance now, you should be able to lower your premiums substantially using these tips. Nevertheless, consumers do need to learn how the larger insurance companies compete online and use this information to your advantage.

Comprehensive Auto Insurance Comparison Quotes

The are a couple different ways of comparing rates and find the best price. The recommended way to compare 2003 Ford Taurus insurance prices is to perform an online rate comparison. This can be done using a couple different methods.

The recommended way to find low rates is to use a rate comparison form like this one (opens in new window). This easy form eliminates the need for multiple quote forms for each company you want a rate for. A single, simple form will return price quotes from multiple low-cost companies.

A more time consuming way to get quotes online requires you to visit the website for each individual company to request a price quote. For example, let’s assume you want rates from Auto-Owners, State Farm and American Family. To get rate quotes you would need to spend time on each company’s site and enter your policy data, which is why the first method is quicker.

For a handy list of car insurance company links in your area, click here.

It doesn’t matter which method you choose, just ensure you are comparing exactly the same coverages for every company. If the quotes have differing limits it’s impossible to determine the lowest rate for your Ford Taurus. Having just a slight variation in insurance coverages can make a big difference in price. And when comparing auto insurance rates, know that having more price comparisons helps locate lower pricing.

Discounts on 2003 Ford Taurus insurance

Companies don’t list all available discounts very clearly, so here is a list both well-publicized and also the lesser-known discounts you could be receiving.

  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes prevent accidents and earn discounts up to 10%.
  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
  • Senior Discount – Older drivers may qualify for a discount up to 10% for Taurus coverage.
  • One Accident Forgiven – A few companies allow you one accident before your rates go up if your claims history is clear prior to the accident.
  • Military Rewards – Being deployed with a military unit may qualify for rate reductions.
  • Federal Government Employee – Active or retired federal employment could cut as much as 10% off for Taurus coverage with a few auto insurance companies.
  • Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.

It’s important to note that some credits don’t apply to your bottom line cost. Some only apply to the price of certain insurance coverages like medical payments or collision. Just because you may think adding up those discounts means a free policy, companies wouldn’t make money that way.

Car insurance companies that possibly offer these money-saving discounts include:

Check with each insurance company which discounts they offer. Savings might not be offered everywhere.

Why you might be paying too much to insure your Ford Taurus

An important part of buying insurance is that you know the factors that go into determining the price you pay for car insurance. When you know what positively or negatively influences your rates empowers consumers to make smart changes that can help you get lower car insurance prices.

Listed below are some of the factors used by your company to calculate your rates.

  • Where you live can impact rates – Being located in a rural area has it’s advantages when it comes to car insurance. Drivers who live in large cities have to deal with congested traffic and longer commutes to work. Fewer drivers means reduced accidents and a lower car theft rate.
  • A lapse in coverage is a bad thing – Driving with no insurance is illegal and you will pay a penalty because you let your insurance expire. Not only will rates go up, but not being able to provide proof of insurance can result in a hefty fine and possibly a revoked license.
  • Mature drivers pay less – Mature drivers are more cautious drivers, tend to file fewer claims and receive fewer citations. Youthful drivers have a tendency to be less responsible in a vehicle therefore car insurance rates are much higher.
  • Men pay higher rates – Statistics have proven that women are safer drivers than men. That doesn’t necessarily mean that women are BETTER drivers than men. Men and women cause accidents in similar numbers, but the male of the species cause more damage. Men also tend to have more aggressive citations like reckless driving and DUI. Young males tend to get in the most accidents and are penalized with high car insurance rates.
  • Lower rates with optional equipment – Owning a car that has an advanced theft prevention system can save you a little every year. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent car theft.
  • Small claims can cost you – If you frequently file small claims, you can expect either higher rates or even cancellation. Car insurance companies provide cheaper rates to people who are claim-free. Car insurance is intended for the bigger claims that can’t be paid out-of-pocket.
  • Drive a safer car and pay less – Vehicles with high crash test scores tend to have better insurance rates. These vehicles have better occupant injury protection and any reduction in injury severity means less money paid by your insurance company and lower rates for you. If your Ford is rated at least four stars on Safercar.gov you are probably receiving a discount.
  • Don’t sacrifice liability coverage – The liability section of your policy provides coverage when you are found to be at fault for damages from an accident. It will provide legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so buy as much as you can afford.

Tailor your coverage to you

When it comes to choosing coverage, there isn’t really a one size fits all plan. Every situation is different so this has to be addressed. For instance, these questions may help you determine if your situation might need an agent’s assistance.

  • Does my policy cover my teen driver if they drive my company car?
  • Am I covered if my car is in a flood?
  • Do I need medical payments coverage since I have good health insurance?
  • When should I remove comp and collision on my 2003 Ford Taurus?
  • Is my camper covered by my car insurance policy?
  • When can I cancel my policy?
  • Is my dog or cat covered if injured in an accident?

If you’re not sure about those questions, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

Do insurance coverage companies bend the truth?

Insurance coverage companies such as Progressive, GEICO, Allstate and State Farm regularly use ads on TV and radio. They all seem to make an identical promise of big savings if you move your policy. How can each company say the same thing?

Insurance companies can use profiling for the driver they prefer to insure. An example of a desirable insured could possibly be between the ages of 40 and 55, is a homeowner, and chooses high deductibles. A propective insured who fits that profile receives the best rates and therefore will save when switching.

Drivers who don’t qualify for this ideal profile will be charged a higher premium and this can result in the driver buying from a lower-cost company. The ads say “drivers who switch” not “everybody who quotes” save that much money. That’s the way insurance companies can make those claims. That is why you need to compare many company’s rates. It’s not possible to predict which insurance coverage company will provide you with the cheapest Ford Taurus insurance rates.

Information about specific coverages

Having a good grasp of your policy helps when choosing which coverages you need and the correct deductibles and limits. Auto insurance terms can be confusing and reading a policy is terribly boring. Listed below are typical coverage types found on the average auto insurance policy.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Ford Taurus.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Insurance for medical payments

Med pay and PIP coverage provide coverage for bills for things like EMT expenses, X-ray expenses and doctor visits. They are 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 in addition to if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision)

This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as theft, falling objects, rock chips in glass and damage from getting keyed. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability insurance

Liability insurance provides protection from injuries or damage you cause to people or other property that is your fault. This coverage protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage pays for claims such as court costs, loss of income and repair costs for stationary objects. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage

Collision insurance will pay to fix damage to your Taurus caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like hitting a mailbox, damaging your car on a curb, rolling your car and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

The best insurance company isn’t always the cheapest

When shopping online for insurance coverage, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many cases, an insured dropped liability coverage limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

We just presented many tips how you can reduce 2003 Ford Taurus insurance prices online. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. You may even discover the most savings is with a lesser-known regional company. They may only write in your state and offer lower rates as compared to the big name companies such as Allstate and Progressive.

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