Cheap 2007 Ford Taurus Car Insurance Rates

Want lower car insurance rates for your Ford Taurus? Confused by the wide range of car insurance options? You’re not alone. People have so many choices that it can quickly become a challenge to compare prices.

It’s a great practice to price shop coverage yearly because rates change quite often. If you had the best rates for Taurus insurance two years ago you will most likely find a better rate today. Block out anything you think you know about car insurance because you’re about to learn one of the easiest ways to eliminate unnecessary coverages and save money.

Pieces of the Ford Taurus insurance rate puzzle

An important part of buying insurance is that you know the rating factors that help determine auto insurance rates. Knowing what determines base rates allows you to make educated decisions that may reward you with lower auto insurance prices.

The following are a few of the “ingredients” companies use to determine rates.

  • Rates may be lower depending on your job – Did you know that where you work can have an impact on rates? Jobs such as judges, architects and financial analysts have higher average rates in part from job stress and long work days. Conversely, professions such as scientists, engineers and performers get better rates for Taurus insurance.
  • Always keep insurance in force – Allowing your auto insurance policy to lapse is a fast way to bump up your auto insurance costs. And not only will insurance be more expensive, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • Your spouse saves you money – Having a spouse actually saves money when buying auto insurance. It means you’re more mature than a single person and it’s proven that married couples file fewer claims.
  • Credit scores impact auto insurance rates – Credit history is a big factor in determining what you pay for auto insurance. If your credit is not that good, you could be paying less to insure your 2007 Ford Taurus by improving your rating. Drivers who have good credit tend to be better drivers and file fewer claims than those with lower credit scores.
  • Teen drivers pay high rates – Teenage drivers tend to be less responsible when driving so they pay higher auto insurance rates. Adding a youthful driver onto a policy can be quite pricey. More mature drivers tend to be more responsible, file fewer claims and receive fewer citations.
  • Pleasure use or commuting – The more miles you rack up on your Ford in a year’s time the more you will pay for auto insurance. Most companies apply a rate based on their usage. Autos that are left in the garage can get a lower rate compared to those used for work or business. Improper usage on your Taurus can cost quite a bit. Verify your auto insurance policy is rated on how each vehicle is driven, because it can save money.

The method we recommend to compare car insurance company rates is to know almost all companies have advanced systems to give free rates quotes. The only thing you need to do is spend a couple of minutes providing details like the type of vehicles you drive, whether you are single or married, if you are currently licensed, and your general credit rating. Your insurance information gets sent immediately to multiple different insurance companies and they provide comparison quotes almost instantly.

Get lower rates on 2007 Ford Taurus insurance

Auto insurance companies don’t always advertise all their discounts very clearly, so we researched both the well known and the harder-to-find ways to save on insurance coverage.

  • Discount for Life Insurance – Larger companies have lower rates if you buy life insurance.
  • Multiple Cars – Insuring all your vehicles on one policy can get a discount on all vehicles.
  • Passive Restraint Discount – Vehicles equipped with air bags can qualify for discounts of more than 20%.
  • Federal Government Employee – Simply working for the federal government could cut as much as 10% off for Taurus insurance depending on your company.
  • Good Student Discount – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
  • Safety Course Discount – Taking a course in driver safety can save you 5% or more depending on where you live.
  • No Charge for an Accident – Certain companies allow you one accident before raising your premiums if you are claim-free for a certain period of time.

It’s important to understand that most discount credits are not given the the whole policy. Most cut the cost of specific coverages such as medical payments or collision. Even though it may seem like you would end up receiving a 100% discount, companies wouldn’t make money that way.

For a list of insurance companies offering insurance coverage discounts, click here.

Tailor your coverage to you

When it comes to buying the best auto insurance coverage for your vehicles, there really is no one size fits all plan. Everyone’s situation is unique.

These are some specific questions may help highlight whether or not you would benefit from professional advice.

  • Am I covered when driving in Canada or Mexico?
  • Which is better, split liability limits or combined limits?
  • Am I covered if I break a side mirror?
  • Is my dog or cat covered if injured in an accident?
  • Is my trailer covered?
  • Does my 2007 Ford Taurus qualify for pleasure use?
  • When should I remove comp and collision on my 2007 Ford Taurus?
  • Why am I required to buy high-risk coverage?

If you’re not sure about those questions but a few of them apply then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form.

Car insurance coverage information

Learning about specific coverages of a insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Collision insurance

This pays for damage to your Taurus caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as driving through your garage door, damaging your car on a curb and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Comprehensive or Other Than Collision

This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like damage from getting keyed, fire damage and rock chips in glass. The most your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as pain medications, hospital visits and dental work. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers you and your occupants as well as getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

This coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2007 Ford Taurus.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Liability coverages

Liability insurance can cover damages or injuries you inflict on a person or their property by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage pays for things such as emergency aid, legal defense fees, pain and suffering, loss of income and court costs. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

Final thoughts

Consumers who switch companies do it for a number of reasons such as not issuing a premium refund, denial of a claim, being labeled a high risk driver or even high prices. Regardless of your reason, switching companies is pretty simple and you could end up saving a buck or two.

Affordable 2007 Ford Taurus insurance is possible online and with local insurance agents, so you should be comparing quotes from both to have the best selection. A few companies do not offer online quoting and these smaller companies work with independent agents.

As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. Too many times, an accident victim reduced collision coverage to discover at claim time that the small savings ended up costing them much more. Your aim should be to purchase a proper amount of coverage at an affordable rate.

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