Trying to find better auto insurance rates for your Ford Taurus? Paying for high-priced Ford Taurus insurance can overdraw your savings account, especially in this economy. Comparison shopping is a great way to cut your insurance bill.
You have multiple auto insurance companies to purchase coverage from, and even though it’s nice to have a choice, too many choices makes it more difficult to adequately compare rates.
It’s a good habit to take a look at other company’s rates at least once a year since insurance rates are usually higher with each renewal. Even if you think you had the lowest rates for Taurus insurance six months ago there may be better deals available now. There is a lot of bad information regarding auto insurance on the web, but we’re going to give you the best ways to quit paying high auto insurance rates.
Auto insurance companies don’t necessarily list all available discounts in an easy-to-find place, so the following is a list of both well-publicized and the harder-to-find savings tricks you should be using.
Drivers should understand that most discounts do not apply to the overall cost of the policy. Some only apply to individual premiums such as medical payments or collision. Just because it seems like it’s possible to get free car insurance, you won’t be that lucky.
Insurance companies that possibly offer these money-saving discounts include:
Before buying, ask each insurance company which discounts they offer. Some discounts might not apply in every state.
Comparing insurance rates is a ton of work if you don’t know the best way to get rate quotes. You can waste hours driving to local insurance agents in your area, or you can stay home and use online quotes to accomplish the same thing much quicker.
Most car insurance companies take part in a program where insurance shoppers complete one form, and each company can provide price quotes for coverage. This saves time by eliminating quotation requests for each company.
To find out what other companies charge for 2014 Ford Taurus insurance click here to start a free quote.
The one downside to pricing coverage this way is buyers cannot specifically choose which insurance companies you will receive quotes from. If you wish to select specific providers to compare rates, we have a listing of companies who write insurance in your area. View list of insurance companies.
It’s your choice how you get your quotes, but ensure you are comparing the exact same coverages on every quote. If your comparisons have unequal deductibles or liability limits it will be impossible to find the best deal for your Ford Taurus. Just a small difference in coverages can result in a big premium difference. And when comparing insurance rates, know that having more price comparisons will improve the odds of getting better pricing.
Smart consumers have a good feel for some of the elements that come into play when calculating insurance rates. Understanding what impacts premium levels helps enable you to make changes that could result in much lower annual insurance costs.
When buying adequate coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions can help discover whether your personal situation will benefit from professional help.
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area.
Having a good grasp of your policy helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be ambiguous and reading a policy is terribly boring. These are typical coverage types available from insurance companies.
This coverage pays for damage to your Taurus from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for things like rolling your car, hitting a mailbox and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to get cheaper collision coverage.
This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as hitting a bird, damage from a tornado or hurricane, theft and hail damage. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like pain medications, hospital visits and EMT expenses. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM)
This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Ford Taurus.
Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Liability auto insurance
This coverage provides protection from damage or injury you incur to other people or property by causing an accident. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.
Liability coverage protects against claims like funeral expenses, legal defense fees, medical expenses, repair costs for stationary objects and pain and suffering. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
When buying insurance coverage, do not skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced uninsured motorist or liability limits only to discover later that the few dollars in savings costed them thousands. The ultimate goal is to purchase plenty of coverage at the best price while not skimping on critical coverages.
Throughout this article, we presented quite a bit of information on how to lower your 2014 Ford Taurus insurance rates. It’s most important to understand that the more times you quote, the better likelihood of reducing your rate. Drivers may discover the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising. Some small companies may often insure only within specific states and give getter rates compared to the large companies like Allstate, GEICO and Progressive.
More tips and info about auto insurance is located by following these links: