Want the cheapest auto insurance rates for your Ford Contour? Are you drained from wondering where the money will come from to buy auto insurance? You are no different than millions of other vehicle owners.
With so many options when it comes to auto insurance, it’s difficult to choose the lowest cost insurer.
It’s important to take a look at other company’s rates at least once a year because prices trend upward over time. Just because you had the best deal on Contour coverage on your last policy there may be better deals available now. You can find a lot of misleading information regarding auto insurance on the internet, but in this article, you’re going to get some great ways to stop overpaying for insurance.
Buying car insurance is not rocket science. Essentially everyone who is shopping for auto insurance will more than likely be able to find lower rates. Nevertheless, drivers must comprehend how insurance companies sell insurance online and use this information to your advantage.
Performing a rate comparison can be a daunting task if you aren’t aware of the most efficient way. You can waste hours driving to insurance companies in your area, or you could use the internet to accomplish the same thing much quicker.
Many companies participate in an industry program that enables customers to enter their coverage request one time, and every company returns a rated price. This saves time by eliminating quote requests to each company.
To participate in this free quote system, click here to open in new window.
The single downside to using this type of system is you don’t know exactly which insurance companies you want pricing from. So if you want to choose from a list of companies for rate comparison, we have assembled a list of insurance coverage companies in your area. Click here for list of insurance companies.
Take whichever approach you prefer, but ensure you are comparing apples-to-apples quote data for every company. If you enter differing limits it will be very difficult to truly determine the lowest rate. Slightly different insurance coverages or limits may cause a big price difference. And when price shopping your coverage, comparing all the rates in your area provides better odds of finding the best offered rates.
Companies like State Farm, Allstate and GEICO seem to constantly run ads on television and other media. All the ads convey the message that you can save if you move to them. How does every auto insurance company charge lower premium rates? It’s all in the numbers.
Insurance providers look for specific characteristics for the right customer that will most likely be profitable. For example, a desirable risk may need to be over the age of 50, carries full coverage, and the vehicle is rated for pleasure use. A propective insured who fits that profile will probably get the lowest car insurance rates and will probably save money with a new company.
Potential insureds who may not quite match this stringent profile must pay higher premium rates and this results in the prospect going elsewhere. The trick companies use is to say “customers who switch” not “everyone that quotes” can get the lowest rates when switching. That’s the way companies can truthfully state the savings. Because of the profiling, you really need to get car insurance quotes from several different companies. It’s not possible to predict which insurance companies will have the lowest rates.
Multiple criteria are used when premium rates are determined. Some are obvious like your driving record, although some other factors are more transparent such as your marital status or your financial responsibility.An important part of buying insurance is that you know some of the elements that are used to determine your insurance rates. When you know what positively or negatively impacts premium levels, this enables you to make decisions that may reward you with lower insurance prices.
Auto insurance is not cheap nor is it fun to buy but you may find discounts that can help lower your rates. Certain reductions will be credited at the time of purchase, but less common discounts must be manually applied before you will receive the discount.
One thing to note about discounts is that most of the big mark downs will not be given to the entire cost. Some only reduce specific coverage prices like medical payments or collision. So even though it sounds like you could get a free auto insurance policy, you aren’t that lucky.
The best auto insurance companies and their possible discounts include:
When quoting, ask each company or agent which discounts you may be entitled to. Some of the discounts discussed earlier may not be available in every state. To find companies that provide some of the discounts listed above, click here to view.
When it comes to choosing coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions may help you determine if your situation would benefit from professional advice.
If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
Having a good grasp of your policy aids in choosing the best coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages available from insurance companies.
Comprehensive auto coverage – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for things like falling objects, theft, vandalism, hail damage and hitting a bird. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Coverage for liability – This will cover damage that occurs to people or other property in an accident. It protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: 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 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage pays for things like medical expenses, loss of income and attorney fees. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.
Collision coverage – Collision coverage will pay to fix damage to your Contour resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things like rolling your car, crashing into a building, hitting a mailbox and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.
Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance pay for bills like ambulance fees, rehabilitation expenses, funeral costs, surgery and X-ray expenses. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
We just presented a lot of tips how to lower your 1995 Ford Contour insurance rates. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even discover the biggest savings come from some of the smallest insurance companies. Some small companies may have significantly lower car insurance rates on certain market segments compared to the large companies like State Farm and Allstate.
Cost effective 1995 Ford Contour insurance can be bought on the web and with local insurance agents, so you should compare both to have the best chance of lowering rates. Some companies do not offer internet price quotes and most of the time these smaller providers provide coverage only through independent agents.
Additional detailed information is located at these sites: