2003 Ford Thunderbird Car Insurance Rates

Looking for cheaper insurance rates for your Ford Thunderbird? Comparing insurance rates online can seem complicated if you are a beginner to quoting online. But don’t let that discourage you because we’re going to show you how.

You need to compare prices before your policy renews because prices change frequently. Just because you found the lowest price for Thunderbird insurance a year ago a different company probably has better rates today. Block out anything you think you know about insurance because we’re going to demonstrate one of the best ways to buy cheaper insurance.

If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using this information. This information will help educate you on how to get online quotes and some tips to save money. Although car owners can benefit by having an understanding of how companies price insurance differently and apply this information to your search.

How to reduce Ford Thunderbird insurance rates

Companies do not list every discount in a way that’s easy to find, so the following is a list of some of the best known and the more hidden discounts you could be receiving.

  • Service Members Pay Less – Being on active duty in the military could mean lower rates.
  • Drive Less and Save – Driving fewer miles can qualify you for a substantially lower rate.
  • College Student – Kids in college who live away from home and do not have a car may be able to be covered for less.
  • Good Students Pay Less – This discount can earn a discount of 20% or more. This discount can apply up until you turn 25.
  • Passive Restraints and Air Bags – Vehicles with factory air bags can get savings of 20% or more.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle their seat belts could cut 10% or more off the personal injury premium cost.

Keep in mind that some of the credits will not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So when it seems like you can get free auto insurance, it just doesn’t work that way.

To see a list of insurers with the best car insurance discounts, follow this link.

Factors determining your Ford Thunderbird insurance premium

An important part of buying insurance is that you know the factors that go into determining auto insurance rates. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that can help you get better auto insurance rates.

Listed below are some of the items companies use to determine your rates.

  • Never go without insurance – Letting your insurance expire will be a quick way to increase your auto insurance rates. And not only will your rates increase, failure to provide proof of insurance can result in a revoked license or a big fine.
  • How your age affects price – Young drivers tend to be careless and easily distracted behind the wheel so they pay higher auto insurance rates. Parents adding a teen driver to your policy can really hurt. Older drivers are more cautious drivers, tend to cause fewer accidents and receive fewer citations.
  • How many coverages with the same company – The majority of insurers give discounts to customers who consolidate policies with them in the form of a multi-policy discount. If you currently are using one company, it’s still a good idea to compare rates to verify if the discount is saving money. Consumers may find a better deal by buying auto insurance from a different company.
  • Liability coverage is cheap – Your policy’s liability coverage will protect you if ever a court rules you are at fault for personal injury or accident damage. Liability provides legal defense starting from day one. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
  • Drive a safer car and pay less – Cars with high safety ratings get lower rates. Safe vehicles result in less severe injuries and fewer injuries means less money paid by your insurance company and lower rates for you. If your Ford Thunderbird is rated at least four stars on Safercar.gov it may be receiving lower rates.

Tailor your coverage to you

When it comes to buying coverage, there really is not a “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that can help discover if you might need professional guidance.

  • Should I waive the damage coverage when renting a car?
  • Am I covered if I wreck a rental car?
  • Do I pay less for low miles?
  • Why does it cost so much to insure a teen driver?
  • Am I covered when pulling a rental trailer?
  • Why do I need rental car insurance?
  • How high should deductibles be on a 2003 Ford Thunderbird?
  • Does my liability insurance cover pulling a trailer or camper?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form.

Don’t believe everything you hear

Insurance coverage companies such as State Farm and Allstate constantly bombard you with ads on television and other media. They all seem to make the same claim about savings if you switch your coverage to them. How does each company make almost identical claims?

All the different companies have a preferred profile for the type of driver they prefer to insure. A good example of a driver they prefer might be profiled as between the ages of 30 and 50, owns a home, and has a short commute. A customer who fits that profile gets the lowest rates and is almost guaranteed to save when they switch companies.

Consumers who do not match this ideal profile will be charged a higher premium and this can result in business not being written. The ads say “customers that switch” not “everybody who quotes” save money. That is how companies can make those claims. That is why it’s extremely important to get quotes from several different companies. It is impossible to predict which company will give you the biggest savings on Ford Thunderbird insurance.

Car insurance policy specifics

Having a good grasp of your policy can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, a broken windshield, hail damage and hitting a bird. The maximum payout you’ll receive from a claim 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.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants 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 2003 Ford Thunderbird.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.


This coverage will cover injuries or damage you cause to people or other property that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims such as repair bills for other people’s vehicles, funeral expenses and pain and suffering. How much coverage you buy is your choice, but buy higher limits if possible.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for immediate expenses such as EMT expenses, chiropractic care and hospital visits. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Coverage for collisions

Collision insurance pays for damage to your Thunderbird from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like scraping a guard rail, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. You can also raise the deductible to save money on collision insurance.

Be a smart shopper

Lower-priced 2003 Ford Thunderbird insurance can be purchased both online as well as from independent agents, so compare prices from both to get a complete price analysis. Some insurance companies don’t offer online price quotes and many times these small insurance companies only sell through independent insurance agents.

As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. There have been many situations where someone dropped liability limits or collision coverage to discover at claim time that it was a big mistake. Your aim should be to buy the best coverage you can find at the best price while still protecting your assets.

People switch companies for a variety of reasons including high rates after DUI convictions, delays in paying claims, policy non-renewal or questionable increases in premium. It doesn’t matter what your reason, finding a great new company can be less work than you think.

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