How Much Does 1993 Mercury Tracer Insurance Cost?

Trying to find lower insurance rates? Buyers have lots of choices when searching for affordable Mercury Tracer insurance. They can either spend hours struggling with agents trying to get quotes or save time using the internet to get rate quotes. There are more efficient ways to find insurance online so we’re going to tell you the best way to compare rates for a Mercury and locate the lowest price from both online companies and local agents.

How do insurers determine Mercury Tracer insurance premiums?

Lots of things are used when premium rates are determined. Some are obvious such as your driving history, but other factors are less apparent like where you live or how safe your car is.

The factors shown below are a few of the things car insurance companies consider when setting rates.

  • Bundle home and auto and save – Lots of insurers provide lower prices to people who carry more than one policy in the form of a multi-policy discount. Even though this discount sounds good, it’s always a smart idea to shop around to help ensure you have the lowest rates. Consumers may save even more by insuring with multiple companies.
  • Decrease premiums by maintaining coverage – Having an insurance coverage lapse will be a sure-fire way to pay more for car insurance. And not only will insurance be more expensive, being ticketed for driving with no insurance can result in a steep fine or even jail time.
  • Premiums drop with age – Youthful drivers tend to be inattentive and easily distracted when driving and because of this, their car insurance rates are much higher. Having to add a first-time driver onto your car insurance can break the bank. More experienced drivers are more cautious drivers, are lower risk to insure and tend to be get fewer driving tickets.
  • Gender and car insurance costs – Statistics show that men are more aggressive behind the wheel. The data does not necessarily mean that men are WORSE drivers than women. Men and women cause fender benders at about the same rate, but guys have costlier accidents. In addition to higher claims, males also get ticketed for serious violations such as DWI and reckless driving. Males from age 16 to 21 are several times more likely to be in an accident and are penalized with high car insurance rates.

How to shop insurance coverage online

There are several ways to compare insurance coverage prices but there is one way that is less time-consuming than others. You can waste a lot of time talking to local insurance agents in your area, or you can stay home and use online quotes to maximize your effort.

The majority of car insurance companies take part in a program that enables customers to complete one form, and each company provides a quote based on that data. This system prevents you from having to do quotation requests to each company.

To find out how much you’re overpaying now click here to open in new window.

The only drawback to getting quotes like this is you cannot specify which providers to receive prices from. If you would rather choose specific providers for rate comparison, we have a listing of insurance coverage companies in your area. Click to view list.

However you get your quotes, double check that you are using the exact same coverage information on every price quote you get. If you enter different values for each quote it will be next to impossible to make a fair comparison for your Mercury Tracer.

Use discounts to get cheaper auto insurance rates

Companies that sell car insurance don’t always list all disounts very well, so the next list breaks down both well-publicized as well as some of the hidden ways to save on auto insurance.

  • Auto/Life Discount – Larger auto insurance companies have a lower auto insurance rate if you buy a life policy as well.
  • Driver Safety – Completing a course in defensive driver could possibly earn you a 5% discount depending on where you live.
  • Early Payment Discounts – If you can afford to pay the entire bill rather than paying monthly you can avoid the installment charge.
  • Anti-lock Brake Discount – Cars and trucks that have anti-lock braking systems are much safer to drive and therefore earn up to a 10% discount.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts may get savings up to 30%.
  • Early Signing – Some companies reward drivers for switching to them before your current expiration date. It can save you around 10%.
  • Employee of Federal Government – Being employed by or retired from a federal job may qualify for a discount when you quote insurance for Tracer coverage depending on your company.
  • Homeowners Discount – Owning a house can save a few bucks since owning and maintaining a home requires a higher level of personal finance.
  • Anti-theft System – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and that can save you a little bit as well.
  • Use Seat Belts – Requiring all passengers to fasten their seat belts could cut 10% or more off the PIP or medical payment premium.

A quick disclaimer, most credits do not apply the the whole policy. Most only reduce individual premiums such as liability and collision coverage. Even though it appears it’s possible to get free car insurance, it doesn’t quite work that way.

A list of companies and their possible discounts are outlined below.

  • Progressive may have discounts that include continuous coverage, homeowner, good student, online quote discount, and online signing.
  • SAFECO discounts include safe driver, homeowner, bundle discounts, teen safe driver, and accident prevention training.
  • American Family has savings for bundled insurance, TimeAway discount, air bags, defensive driver, and multi-vehicle.
  • MetLife policyholders can earn discounts including defensive driver, claim-free, accident-free, multi-policy, and good driver.
  • GEICO may offer discounts for seat belt use, emergency military deployment, air bags, anti-lock brakes, multi-vehicle, and federal employee.
  • The Hartford offers discounts including bundle, vehicle fuel type, air bag, good student, and defensive driver.

When getting free insurance quotes, it’s a good idea to every insurance company which discounts can lower your rates. Some of the discounts discussed earlier may not apply to policies everywhere. For a list of providers with the best auto insurance discounts, click this link.

Tailor your auto insurance coverage to you

When it comes to buying the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Every situation is different.

These are some specific questions may help highlight if your insurance needs might need professional guidance.

  • I have health insurance so do I need medical payments coverage?
  • Do I need roadside assistance coverage?
  • Do I pay less for low miles?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Are rental cars covered under my policy?
  • Who is covered when they drive my 1993 Mercury Tracer?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and can provide invaluable advice.

Coverages available on your auto insurance policy

Knowing the specifics of your policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Collision coverage protection

Collision insurance covers damage to your Tracer from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like crashing into a building, scraping a guard rail, hitting a parking meter, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance pays for 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 insurance covers things like hitting a bird, rock chips in glass, hitting a deer, vandalism and fire damage. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for short-term medical expenses such as hospital visits, rehabilitation expenses and X-ray expenses. They are used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as damage to your Mercury Tracer.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Auto liability insurance

This provides protection from injuries or damage you cause to people or other property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as funeral expenses, legal defense fees, court costs, attorney fees and pain and suffering. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

Best coverage at the best price

Drivers leave their current company for a number of reasons such as poor customer service, extreme rates for teen drivers, an unsatisfactory settlement offer and even not issuing a premium refund. Whatever your reason, choosing a new company can be easier than you think.

When you buy insurance online, you should never skimp on critical coverages to save a buck or two. In too many instances, an insured dropped liability limits or collision coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your aim should be to get the best coverage possible at the lowest possible cost while still protecting your assets.

Budget-friendly car insurance can be purchased both online as well as from independent agents, and you need to comparison shop both so you have a total pricing picture. Some insurance companies may not have online quoting and most of the time these smaller providers sell through independent agents.

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