Searching for better insurance coverage rates for your Mercury Mystique? Scraping up a payment for high-priced Mercury Mystique insurance can dwindle your savings account and force you to make sacrifices. Doing a rate comparison can save money and help to ensure you are getting the best deal.
Lots of insurance companies contend for your insurance dollar, so it’s not easy to compare every insurance company and get the definite best rates possible.
Performing a rate comparison can be a lot of work if you don’t understand the most efficient way. You can spend countless hours driving to insurance companies in your area, or you can stay home and use online quotes to get pricing more quickly.
Many of the larger companies belong to a marketplace where prospective buyers enter their policy data once, and each company then gives them pricing determined by their information. This system prevents you from having to do quote requests to every company.
To enter your information into the quoting system, click here (opens in new window).
The single downside to doing it this way is that consumers can’t choose the providers you want to price. So if you prefer to choose from a list of companies to compare prices, we have assembled a list of low cost auto insurance companies in your area. View list of insurance companies.
The method you choose is up to you, but make sure you compare the same quote data with every price quote. If you use higher or lower deductibles it will be impossible to decipher which rate is best.
Consumers need to have an understanding of the factors that play a part in calculating your policy premiums. When consumers understand what impacts premium levels, this helps enable you to make changes that can earn you much lower annual insurance costs. Many factors are taken into consideration when premium rates are determined. Some are pretty understandable such as your driving record, but other factors are not as apparent like your vehicle usage or how safe your car is.
The items below are just a few of the factors insurance coverage companies consider when setting your premiums.
Companies that sell car insurance don’t necessarily list every policy discount very clearly, so the list below details both the well known as well as the least known discounts you could be receiving when you buy auto insurance online. If you check and find you aren’t receiving every discount you qualify for, you could be paying more than you need to.
As is typical with insurance, most discounts do not apply to the entire cost. Most cut the cost of specific coverages such as collision or personal injury protection. Even though it may seem like it’s possible to get free car insurance, it just doesn’t work that way.
Some of the larger companies who might offer these discounts are:
When comparing rates, check with all the companies which discounts you may be entitled to. Discounts may not apply to policies in every state. For a list of providers that provide some of the discounts listed above, click here.
When it comes to choosing the best car insurance coverage, there is no “perfect” insurance plan. Everyone’s needs are different so your insurance should reflect that For instance, these questions might help in determining whether or not you might need professional guidance.
If you can’t answer these questions, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It is quick, free and can help protect your family.
Understanding the coverages of insurance can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are the normal coverages offered by insurance companies.
Uninsured/Underinsured Motorist (UM/UIM) – This gives you protection from other motorists when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercury Mystique.
Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.
Liability coverage – Liability coverage will cover damage that occurs to other people or property by causing an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.
Liability coverage protects against claims like medical expenses, bail bonds, attorney fees, pain and suffering and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as rehabilitation expenses, funeral costs and nursing services. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible
Collision coverage – This coverage will pay to fix damage to your Mystique from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for things like colliding with a tree, sideswiping another vehicle, rolling your car and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.
Comprehensive insurance – This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims such as vandalism, damage from a tornado or hurricane and rock chips in glass. The most you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
As you shop your coverage around, it’s not a good idea to reduce needed coverages to save money. In many cases, an accident victim reduced full coverage only to regret they didn’t purchase enough coverage. Your strategy should be to get the best coverage possible at the best cost, not the least amount of coverage.
In this article, we presented many ideas to lower your 2000 Mercury Mystique insurance rates. The most important thing to understand is the more you quote auto insurance, the better chance you’ll have of finding inexpensive auto insurance. You may even find the lowest priced insurance comes from an unexpected company. These companies may only write in your state and offer lower car insurance rates than the large multi-state companies such as State Farm, GEICO and Nationwide.
Even more information can be found in the articles below: