How Much Does 1996 Mercury Cougar Insurance Cost?

Did a good deal turn out to be high-priced auto insurance? Believe me, there are a lot of people just like you who feel imprisoned by their auto insurance policy.

Numerous car insurance companies battle for your hard-earned dollar, so it can be very hard to choose a insurance company and get the best coverage at the best rates possible.

It is always a good idea to do rate comparisons once or twice a year since insurance prices trend upward over time. Even if you got the best rate for Cougar insurance six months ago you may be paying too much now. There is a lot of bad advice regarding auto insurance online, but in this article, you’re going to get some solid techniques on how to buy auto insurance cheaper.

If you have car insurance now, you should be able to save some money using these techniques. Finding affordable coverage is easy if you know what you’re doing. But car owners can benefit by having an understanding of how the larger insurance companies price insurance differently and apply this information to your search.

More affordable rates by taking advantage of discounts

Insurance coverage is neither fun to buy or cheap, but there’s a good chance there are discounts that can dramatically reduce your bill. A few discounts will be applied when you quote, but some must be manually applied before you will receive the discount.

  • Low Miles Discount – Low mileage vehicles could earn lower premium rates due to less chance of an accident.
  • Own a Home – Just being a homeowner can save a few bucks due to the fact that maintaining a home means you have a higher level of financial diligence.
  • Claim Free – Insureds who avoid accidents and claims are rewarded with significantly better rates on insurance coverage quote in comparison to policyholders that have many claims.
  • Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices can help prevent theft and that can save you a little bit as well.
  • Driver’s Education for Students – Cut your cost by having your teen driver successfully complete driver’s ed class in school or through a local driver safety program.
  • Lower Rates for Military – Being on active duty in the military may lower your premium rates slightly.
  • Use Seat Belts – Drivers who require all occupants to fasten their seat belts can save a little on the premium charged for medical payments and/or PIP.
  • Defensive Driver – Taking a driver safety class could save 5% or more and make you a better driver.
  • Professional Memberships – Affiliation with a qualifying organization could earn you a nice discount on your next renewal.

Consumers should know that some of the credits will not apply to all coverage premiums. Some only reduce individual premiums such as liability and collision coverage. So despite the fact that it appears you can get free auto insurance, companies don’t profit that way. Any amount of discount should definitely cut your insurance coverage premiums.

The best insurance coverage companies and some of the discounts are shown below.

  • American Family may offer discounts for mySafetyValet, accident-free, Steer into Savings, defensive driver, TimeAway discount, and air bags.
  • Farm Bureau may include discounts for multi-vehicle, multi-policy, good student, driver training, and youthful driver.
  • State Farm offers discounts for driver’s education, Steer Clear safe driver discount, good driver, Drive Safe & Save, anti-theft, accident-free, and safe vehicle.
  • Travelers has discounts for hybrid/electric vehicle, good student, home ownership, student away at school, payment discounts, driver training, and multi-policy.
  • The Hartford discounts include air bag, anti-theft, driver training, good student, defensive driver, vehicle fuel type, and bundle.
  • GEICO offers discounts including membership and employees, multi-vehicle, multi-policy, driver training, and five-year accident-free.
  • Progressive has savings for good student, online quote discount, multi-vehicle, multi-policy, online signing, and homeowner.

When quoting, ask every prospective company which discounts they offer. A few discounts may not be available in your state.

What determines Mercury Cougar insurance costs?

It’s important that you understand some of the factors that go into determining your auto insurance rates. When you know what positively or negatively influences your rates, this helps enable you to make changes that may result in lower auto insurance prices.

  • Good drivers pay lower premiums – Good drivers tend to pay less for car insurance compared to bad drivers. Having just one driving citation can increase the cost of insurance forty percent or more. People who have multiple violations like DUI or willful reckless driving may need to complete a SR-22 with their state’s licensing department in order to drive a vehicle legally.
  • Don’t let your coverage lapse – Letting your insurance expire can be a sure-fire way to increase your auto insurance rates. Not only will you pay more, being ticketed for driving with no insurance could result in fines and jail time.
  • Male prices may be higher – The statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that females are better at driving than males. Both sexes cause fender benders in similar percentages, but the men tend to have higher claims. Men also tend to get ticketed for serious violations like driving under the influence (DUI).
  • Youthful drivers cost more – Mature drivers are proven to be safer behind the wheel, file fewer claims .Beginning drivers have a tendency to be easily distracted in a vehicle so they pay higher auto insurance rates.
  • Too many auto insurance claims will drive prices up – If you frequently file small claims, you can definitely plan on higher rates. Car insurance companies award discounts to drivers who do not file claims often. Your car insurance is designed for more catestrophic claims.

How much car insurance do I need?

When buying the right insurance coverage for your vehicles, there really is not a one size fits all plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions may help you determine whether or not you will benefit from professional help.

  • Does insurance cover tools stolen from my truck?
  • Does coverage extend to Mexico or Canada?
  • When should my teen driver be added to my policy?
  • Can I afford low physical damage deductibles?
  • Is my dog or cat covered if injured in an accident?
  • Can my teen driver be rated on a liability-only vehicle?
  • Am I covered when driving on a suspended license?
  • Who is covered when they drive my 1996 Mercury Cougar?
  • Should I bundle my homeowners policy with my auto?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier

Auto insurance coverages explained

Learning about specific coverages of auto insurance can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverages found on the average auto insurance policy.

Coverage for medical expenses – Med pay and PIP coverage reimburse you for expenses for chiropractic care, prosthetic devices and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Collision coverages – This coverage pays for damage to your Cougar caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims such as hitting a mailbox, sustaining damage from a pot hole and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible to bring the cost down.

Comprehensive auto insurance – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as vandalism, theft, a broken windshield and fire damage. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Auto liability – This will cover injuries or damage you cause to a person or their property in an accident. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

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. As an example, you may have liability limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things like repair bills for other people’s vehicles, court costs, loss of income, bail bonds and structural damage. How much coverage you buy is a decision to put some thought into, but you should buy as large an amount as possible.

Coverage for uninsured or underinsured drivers – This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Mercury Cougar.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Saving money is sweet as honey

When trying to cut insurance costs, never buy less coverage just to save a little money. There are too many instances where an insured cut uninsured motorist or liability limits only to regret that it was a big error on their part. The goal is to purchase plenty of coverage at the best cost while still protecting your assets.

In this article, we covered a lot of information how to shop for 1996 Mercury Cougar insurance online. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the best car insurance rates are with some of the smallest insurance companies. These smaller insurers may only write in your state and offer lower premium rates than their larger competitors like State Farm and Allstate.

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