Having to pay for overpriced insurance coverage can take a big chunk out of your checking account and put the squeeze on your family’s finances. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away.
Many insurers vie for your business, and it can be difficult to compare rates and uncover the absolute cheapest price
There are a variety of methods to shop for 2007 Mercury Montego auto insurance, but there is one way that is less labor-intensive and much quicker. You can spend countless hours talking about coverages with insurance agencies in your area, or you could save time and use online quotes to get prices fast.
Many of the larger companies take part in a program where prospective buyers enter their coverage request one time, and each company returns a rated price based on the submitted data. This system prevents you from having to do form submissions to every company.
To participate in this free quote system, click here (opens in new window).
The one disadvantage to comparing rates this way is buyers cannot specifically choose which providers you want to price. So if you want to select specific insurance companies to receive pricing from, we have a page of auto insurance companies in your area. Click here to view list.
Which method you use is up to you, but make sure you use the exact same coverage limits with each company. If each company quotes different liability limits then you won’t be able to determine which rate is truly the best. Just a small difference in coverage limits can mean a large discrepancy in price. Just remember that getting more free quotes provides better odds of finding a lower rate.
Companies don’t always advertise every discount very clearly, so we researched some of the more common and the more hidden auto insurance savings.
Keep in mind that most discounts do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears you could get a free auto insurance policy, it just doesn’t work that way.
For a list of insurance companies with the best auto insurance discounts, click here.
When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions might point out whether your personal situation might need professional guidance.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.
An important part of buying insurance is that you know the factors that come into play when calculating car insurance rates. When you know what positively or negatively controls the rates you pay helps enable you to make changes that may reward you with big savings.
The list below includes some of the items that factor into rates.
Companies like Progressive, GEICO, Allstate and State Farm regularly use ads on TV and radio. All the ads have a common claim about savings if you move your coverage to them. How can each company claim to save you money? This is how they do it.
Different companies have a preferred profile for the type of driver they prefer to insure. A good example of a profitable customer might be between 25 and 40, has no driving citations, and drives less than 7,500 miles a year. A driver who fits that profile will get the preferred rates and therefore will save a lot of money.
Potential insureds who don’t meet this ideal profile will have to pay a higher premium and this can result in business not being written. The ad wording is “customers that switch” not “everyone that quotes” save that kind of money. That’s why companies can advertise the savings. Because of the profiling, you absolutely need to compare many company’s rates. You cannot predict the company that will give you the biggest savings on Mercury Montego insurance.
Having a good grasp of your policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverage types offered by insurance companies.
Medical expense insurance
Med pay and PIP coverage pay for immediate expenses for dental work, rehabilitation expenses, X-ray expenses, EMT expenses and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
This pays for damage to your Montego resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as crashing into a ditch, colliding with another moving vehicle, backing into a parked car and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.
Protection from uninsured/underinsured drivers
Your UM/UIM coverage gives you protection 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 Mercury Montego.
Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Comprehensive (Other than Collision)
This covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as a tree branch falling on your vehicle, vandalism, damage from a tornado or hurricane and hitting a deer. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Liability insurance protects you from injuries or damage you cause to people or other property. It protects you from legal claims by others, 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. You commonly see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.
Liability coverage protects against claims such as funeral expenses, attorney fees, pain and suffering and structural damage. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible.
Low-cost 2007 Mercury Montego insurance can be found from both online companies and also from your neighborhood agents, so compare prices from both to have the best selection. Some companies may not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.
As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. In too many instances, someone sacrificed liability coverage limits and found out when filing a claim that the savings was not a smart move. The proper strategy is to find the BEST coverage at an affordable rate, not the least amount of coverage.
We just presented many tips how you can get a better price on insurance. The key thing to remember is the more quotes you get, the better likelihood of reducing your rate. Consumers may even find the best prices are with some of the lesser-known companies. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like GEICO and State Farm.
Additional detailed information is available in the articles below: