1991 Mercury Topaz Car Insurance Quotes – 7 Tips for Best Rates

Sick and tired of robbing Peter to pay Paul to buy insurance? You have the same problem as many other consumers. Consumers have many insurance companies to insure vehicles with, and although it’s nice to have a selection, it can be more challenging to find the lowest rates.

Buying car insurance is quite easy. If you have a current auto insurance policy or are just looking to switch companies, you can follow these tips to find better prices and still get good coverage. Drivers only need to know how to find the lowest price online.

How much does insurance coverage cost?

Performing a rate comparison can be a daunting task if you don’t know the best way to get rate quotes. You could waste time talking about coverages with insurance companies in your area, or you could save time and use the internet to quickly compare rates.

Most of the larger companies participate in a marketplace where insurance shoppers enter their policy data once, and each participating company then returns a price quote. This saves time by eliminating quote requests to every company.

To compare pricing click here to start a free quote.

The only downside to pricing coverage this way is you don’t know exactly the companies you want to price. If you would rather choose from a list of companies to compare rates, we have assembled a list of insurance coverage companies in your area. Click here to view list.

Whichever method you choose, make absolute certain that you use equivalent coverage limits and deductibles for every quote you compare. If you are comparing higher or lower deductibles it will be nearly impossible to make an equal comparison.

Don’t listen to company ads

Consumers can’t ignore all the ads for the lowest price insurance from companies such as Progressive, Allstate and GEICO. All the companies tend to make the same promise that drivers will save a bundle if you just switch your coverage.

But how can every company give you a lower rate? This is the way they can do it.

Insurance companies are able to cherry pick for the type of driver that will most likely be profitable. One example of this type of risk profile should be a mature driver, has never had a claim, and drives a vehicle with a low ISO rating. Anyone who matches those parameters will get low prices and as a result will probably save money with a new company.

Potential insureds who don’t qualify for those standards will be quoted a more expensive rate which translates to the customer buying from someone else. The wording the ads use say “drivers who switch” but not “all drivers who get quotes” save that much. This is how insurance companies can make the claims of big savings. This emphasizes why drivers should quote coverage with many companies. It’s impossible to know which insurance companies will have the lowest premium rates for your situation.

Auto insurance discounts are available to slash your rates

Auto insurance is neither fun to buy or cheap, but you might find some hidden discounts to help bring down the price. Many of these discounts will be applied automatically at the time you complete a quote, but lesser-known reductions have to be requested specifically in order for you to get them.

  • Multiple Vehicles – Insuring all your vehicles with one company can reduce rates for all insured vehicles.
  • Full Payment Discount – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can avoid monthly service charges.
  • ABS and Traction Control Discounts – Vehicles with ABS and/or traction control are safer to drive so you can save 10 percent or more.
  • Sign Early and Save – A few insurance companies offer discounts for signing up prior to your current policy expiration. The savings is around 10%.
  • Theft Prevention Discount – Cars equipped with anti-theft or alarm systems help deter theft and will qualify for a discount on a insurance quote.
  • Distant Student – Any of your kids living away from home attending college and won’t have access to an insured vehicle could get you a discount.
  • Drivers Education – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in high school.

Discounts reduce rates, but you should keep in mind that some credits don’t apply the the whole policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Even though the math looks like adding up those discounts means a free policy, companies don’t profit that way.

Larger auto insurance companies and a partial list of their discounts can be read below.

  • American Family discounts include TimeAway discount, mySafetyValet, Steer into Savings, good student, defensive driver, bundled insurance, and air bags.
  • State Farm has savings for multiple policy, driver’s education, defensive driving training, student away at school, multiple autos, and passive restraint.
  • 21st Century offers discounts for defensive driver, theft prevention, good student, teen driver, driver training, and automatic seat belts.
  • Travelers may have discounts that include hybrid/electric vehicle, new car, early quote, continuous insurance, and student away at school.
  • GEICO may include discounts for multi-vehicle, daytime running lights, seat belt use, membership and employees, and air bags.

If you need lower rates, check with each company or agent to give you their best rates. All car insurance discounts may not apply to policyholders everywhere. To see auto insurance companies who offer free auto insurance quotes, click here to view.

Everyone needs different auto insurance coverages

When choosing adequate coverage, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions might help in determining if you might need an agent’s assistance.

  • Does car insurance cover theft of personal property?
  • Am I covered when driving on a suspended license?
  • Is rental equipment covered for theft or damage?
  • Should I bundle my homeowners policy with my auto?
  • What if I total my 1991 Mercury Topaz and owe more than it’s worth?
  • Do I need PIP coverage since I have good health insurance?
  • When does my teenage driver need to be added to my policy?
  • Am I covered when driving a rental car?
  • Does insurance cover damages from a DUI accident?
  • Is my camper covered by my car insurance policy?

If you don’t know the answers to these questions then you might want to talk to an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.

Specifics of your insurance policy

Learning about specific coverages of insurance can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find the normal coverages available from insurance companies.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 1991 Mercury Topaz.

Since 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 should not be overlooked.

Liability coverage

This coverage will cover damages or injuries you inflict on other people or property in an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims such as repair bills for other people’s vehicles, attorney fees and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, fire damage, a broken windshield, damage from getting keyed and hitting a bird. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision coverage

Collision coverage covers damage to your Topaz resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like hitting a mailbox, damaging your car on a curb, driving through your garage door and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like hospital visits, EMT expenses, surgery and ambulance fees. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Save for a rainy day

When getting insurance quotes online, it’s not a good idea to reduce coverage to reduce premium. In many cases, an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The goal is to get the best coverage possible at the best cost, but don’t skip important coverages to save money.

We just covered a lot of tips how to reduce 1991 Mercury Topaz insurance premium rates online. The key concept to understand is the more you quote insurance, the better chance you’ll have of finding low cost insurance. You may even find the lowest premium rates come from a small local company. Smaller companies often have lower prices on specific markets compared to the large companies like State Farm or Progressive.

Additional information can be read at the links below