Lower Your 1994 Mercury Cougar Insurance Rates

Trying to find cheaper insurance coverage rates? Buyers have a choice when searching for low-cost Mercury Cougar insurance. You can either spend your time struggling with agents to get rate comparisons or use the internet to get rate quotes.

There is a better way to find insurance coverage online so we’re going to tell you the best way to quote coverages for a Mercury and find the lowest possible price from local insurance agents and online providers.

If you have a policy now or need a new policy, you can follow these tips to find the best rates while maximizing coverage. The purpose of this article is to let you in on the most effective way to quote insurance and some tips to save money. Consumers only need an understanding of how to compare prices online.

Find discounts to get cheap auto insurance rates

Auto insurance companies don’t always list all possible discounts very clearly, so the list below gives a summary of a few of the more common and also the lesser-known savings tricks you should be using when you buy insurance online.

  • Sign Online – Some larger companies will provide an incentive just for signing your application on your computer.
  • Discounts for Responsible Drivers – Drivers who avoid accidents may receive a discount up to 45% on Cougar coverage compared to accident prone drivers.
  • Waiver for an Accident – This isn’t a discount exactly, but companies like Progressive, State Farm and GEICO will forgive one accident without raising rates with the catch being you have to be claim-free for a certain period of time.
  • Distant Student – Any of your kids who are enrolled in higher education away from home and don’t have a car can be insured at a reduced rate.
  • Senior Citizen Discount – If you’re over the age of 55, you are able to get a slight reduction on a insurance quote on Cougar coverage.
  • Good Student Discount – Getting good grades may save you up to 25%. The discount lasts until age 25.
  • Air Bag Discount – Factory options such as air bags or motorized seat belts can get savings of more than 20%.
  • Claim Free – Drivers who don’t have accidents have much lower rates in comparison to accident-prone drivers.
  • Lower Rates for Military – Being deployed with a military unit could be rewarded with lower premium rates.

Please keep in mind that many deductions do not apply to the entire cost. Most only reduce specific coverage prices like comprehensive or collision. So when the math indicates having all the discounts means you get insurance for free, it just doesn’t work that way. But all discounts should definitely cut the cost of coverage.

Companies who may offer these benefits may include but are not limited to:

Before buying, ask all the companies to give you their best rates. Savings may not be offered in your area. If you would like to see a list of insurance companies with discount rates, click this link.

Informed consumers can slash their insurance rates

When buying auto insurance it’s important to understand the different types of things that help calculate the level of your policy premiums. If you know what controls the rates you pay, this allows you to make educated decisions that could result in lower auto insurance prices. Many different elements are used in the calculation when you get your auto insurance bill. A few of the factors are predictable like a motor vehicle report, but some are less apparent like your continuous coverage or your commute time.

  • Are men or women drivers cheaper? – The statistics show that men are more aggressive behind the wheel. Now that doesn’t mean females are better drivers. Males and females have fender benders at a similar rate, but men have costlier accidents. Men also have more aggressive citations like reckless driving and DUI. Male teenagers generally have the highest accident percentage and therefore pay the highest rates.
  • Prevent theft and save – Driving a car with a theft deterrent system can save you a little every year. Advanced theft deterrents like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
  • Liability coverage limits are a factor – Your policy’s liability coverage provides coverage when you are ruled to be at fault for an accident. Your policy’s liability insurance provides for a legal defense which can be incredibly expensive. Liability is cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
  • Claims cost money – Companies give discounts to people who do not file claims often. If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Auto insurance is designed for claims that pose a financial burden.
  • Extra policy coverages you don’t use – There are quite a few extra bells and whistles that you can buy on your Cougar policy. Coverage for things like vanishing deductibles, towing coverage, and extra equipment coverage may not be needed and are just wasting money. They may seem good when discussing your needs, but your needs may have changed so get rid of them and save.

Tailor your auto insurance coverage to you

When buying coverage for your vehicles, there really is not a best way to insure your cars. Each situation is unique.

These are some specific questions could help you determine whether your personal situation will benefit from professional help.

  • Am I covered if I break a side mirror?
  • What vehicles should carry emergency assistance coverage?
  • Which is better, split liability limits or combined limits?
  • Am I insured when driving a different vehicle?
  • Does car insurance cover theft of personal property?
  • What exactly is covered by my policy?
  • Do I need higher collision deductibles?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form. It only takes a few minutes and may give you better protection.

Car insurance coverage information

Having a good grasp of your car insurance policy can help you determine the best coverages for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Collision protection

This coverage covers damage to your Cougar from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims like crashing into a building, colliding with a tree and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

This covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like damage from getting keyed, fire damage, a broken windshield, hitting a bird and a tree branch falling on your vehicle. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as pain medications, chiropractic care, hospital visits, dental work and nursing services. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers you and your occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Liability car insurance

Liability insurance provides protection from damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like medical services, funeral expenses and loss of income. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Mercury Cougar.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits are set the same as your liablity limits.

Coverage on a shoestring budget

Drivers switch companies for any number of reasons including not issuing a premium refund, unfair underwriting practices, high prices or policy non-renewal. No matter why you want to switch, finding a new insurance company can be pretty painless.

You just read many tips how you can save on 1994 Mercury Cougar insurance. The most important thing to understand is the more companies you get premium rates for, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from the smaller companies.

Budget-friendly insurance is definitely available on the web and with local insurance agents, so you need to quote insurance with both so you have a total pricing picture. There are still a few companies who do not offer rates over the internet and many times these regional insurance providers prefer to sell through independent agents.

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