2002 Ford Taurus Insurance Quotes - 10 Discounts for Cheaper Rates

Getting cheap auto insurance on the web can seem to be rather difficult for people not familiar with price shopping online. With such a large choice of companies, how are people able to even start to compare each option to find the lowest rates?

How to get auto insurance quotes

To get the cheapest auto insurance quotes, there a variety of ways of comparing price quotes from different insurance companies. By far the easiest way to compare 2002 Ford Taurus insurance prices consists of obtaining rate quotes online. This can be done in a couple minutes as outlined below.

The easiest and least time consuming way to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This easy form prevents you from having to do boring form submissions for every prospective company. A single, simple form will get you rate comparisons from multiple low-cost companies. It’s definitely the quickest method.

A harder way to find lower rates requires you to visit each individual company website and complete a new quote form. For sake of this example, let’s say you want comparison quotes from Auto-Owners, Safeco and GEICO. To get rate quotes you would need to take the time to go to each site and enter your policy data, and that’s why the first method is more popular. For a list of links to insurance companies in your area, click here.

The final method to comparison shop is making phone calls or going to insurance agencies in your area. The internet has made agencies unnecessary unless you’re the type of person who wants the professional abilities that only a licensed agent can provide. Drivers can obtain prices from the web but still have the advice of a local agent.

It doesn’t matter which method you choose, just make sure you use the exact same coverage limits and deductibles for each comparison quote. If you enter unequal deductibles or liability limits it will be next to impossible to make an equal comparison. Quoting even small variations in insurance coverages can make a big difference in price. Just remember that comparing more rates from different companies helps increase your odds of locating the best offered rates. Not every company allows you to get online rate quotes, so it’s recommended that you also compare price estimates from the smaller companies as well.

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Auto insurance discounts help lower rates

Some insurance providers don’t list every possible discount in a way that’s easy to find, so we took the time to find a few of the more common as well as the least known credits available to lower your premiums when you buy auto insurance online.

Student Discount for Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class in school.
Discount for Passive Restraints – Factory air bags or motorized seat belts can get savings of 20 to 30 percent.
Save with a New Car – Adding a new car to your policy may earn a small discount since newer vehicles are generally safer.
Discount for Good Grades – Excelling in school can save 20 to 25%. The good student discount can last well after school through age 25.
Fewer Miles Equal More Savings – Fewer annual miles on your Ford may enable drivers to earn substantially lower auto insurancerates.
Memberships – Participating in a professional or civic organization could earn you a nice discount on your bill.
Discounts for Good Drivers – Drivers without accidents may save up to 50% more on Taurus coverage as compared to drivers with claims.
Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% on Taurus coverage with select insurance companies.
Senior Citizens – If you qualify as a senior citizen, you may qualify for a discount up to 10% on Taurus coverage.
Accident Waiver – This one isn’t a discount, but some companies like Liberty Mutual and GEICO will allow you to have one accident without raising rates so long as you are claim-free for a certain period of time.

As a footnote on discounts, most discount credits are not given to the entire cost. A few only apply to individual premiums such as comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, you aren’t that lucky.

Some companies who might offer these discounts include:

When getting a coverage quote, ask each company which discounts you qualify for. Some of the earlier mentioned discounts may not be offered everywhere.

Which is the best car insurance?

When choosing coverage, there is no “best” method to buy coverage. Everyone’s needs are different.

For instance, these questions could help you determine whether you might need professional guidance.

Should I bundle my homeowners policy with my auto?
Should I have combined single limit or split liability limits?
What if I owe more than I can insure my car for?
What are the best liability limits?
What is the ISO rating for a 2002 Ford Taurus?
Do I need PIP coverage since I have good health insurance?
Do I need medical payments coverage since I have good health insurance?
Does my personal policy cover me when driving out-of-state?
Will my rates increase for filing one claim?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form.

Insurance coverage in the media

Well-known insurance coverage companies like Progressive, GEICO, Allstate and State Farm seem to constantly run ads on television and other media. They all advertise claims that people will save after switching your coverage to them. How does every company make almost identical claims? You have to listen carefully.

Companies have a preferred profile for the type of customer that will most likely be profitable. A good example of a desirable risk may be over the age of 35, has never had a claim, and chooses high deductibles. Any person that fits those parameters gets the lowest premium rates and will most likely save money with a new company.

Potential insureds who fall short of these standards may be required to pay a more expensive rate and ends up with the customer not purchasing. If you pay close attention to the ads, they say “drivers who switch” not “everybody who quotes” will save that much if they switch. That’s why insurance companies can make those statements.

Because of these techniques, drivers must compare quotes as often as possible. It’s just too difficult to predict which insurance companies will provide the lowest prices.

Insurance coverages explained

Knowing the specifics of a insurance policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Comprehensive insurance – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from getting keyed, fire damage, damage from flooding and damage from a tornado or hurricane. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for medical expenses – Coverage for medical payments and/or PIP pay for short-term medical expenses for rehabilitation expenses, ambulance fees and X-ray expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto liability insurance – This will cover injuries or damage you cause to other people or property in an accident. This coverage protects you from legal claims by others, and does not provide coverage for 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. Your policy might show values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like legal defense fees, funeral expenses and loss of income. How much liability should you purchase? That is a decision to put some thought into, but buy as much as you can afford.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and also any damage incurred to your Ford Taurus.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits are similar to your liability insurance amounts.

Collision coverages – This pays to fix your vehicle from damage caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims such as hitting a parking meter, colliding with a tree and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

A tidy conclusion

When getting auto insurance quotes online, it’s very important that you do not skimp on coverage in order to save money. There have been many cases where someone sacrificed liability coverage limits only to find out that it was a big mistake. Your goal should be to find the BEST coverage at an affordable rate and still be able to protect your assets.

More affordable insurance coverage is possible from both online companies as well as from insurance agents, and you should compare rates from both to have the best rate selection. Some insurance companies do not provide price quotes online and these smaller providers work with independent insurance agencies.

In this article, we covered many tips how you can compare 2002 Ford Taurus insurance rates online. The key thing to remember is the more you quote auto insurance, the better your comparison will be. You may be surprised to find that the most savings is with the smaller companies.

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