2003 Ford Taurus Car Insurance Quotes

Looking for better car insurance rates for your Ford Taurus? Buying lower priced car insurance over the internet is difficult for beginners to buying insurance over the internet. With so many insurance agents and companies competing online, how can anyone be able to compare each option to find lower car insurance premiums?

Finding affordable coverage is quite easy. Basically, everyone who is required by state law to have insurance coverage will more than likely be able to save money. But drivers can benefit by having an understanding of how insurance companies compete online.

Discounts for affordable insurance rates

The price of auto insurance can be rather high, but you might already qualify for some discounts to reduce the price significantly. Certain credits will be shown at the time you complete a quote, but a few must be specially asked for before being credited.

  • Home Ownership Discount – Just being a homeowner can earn you a little savings since owning and maintaining a home is proof of financial responsibility.
  • Driving Data Discount – Insureds who allow their insurance company to analyze their driving habits by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate might see lower rates as long as the data is positive.
  • Good Students Pay Less – Maintaining excellent grades could provide a savings of up to 20% or more. This discount can apply up until you turn 25.
  • More Vehicles More Savings – Drivers who insure primary and secondary vehicles on the same insurance policy can reduce the rates for all insured vehicles.
  • College Student Discount – Any of your kids who live away from home at college without a vehicle on campus can be insured at a reduced rate.

Don’t be shocked that many deductions do not apply to the entire policy premium. Most only cut the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like all the discounts add up to a free policy, it’s just not the way it works.

A few of the larger companies and their possible discounts can be read below.

  • State Farm offers premium reductions for Steer Clear safe driver discount, safe vehicle, good driver, anti-theft, defensive driving training, and driver’s education.
  • Esurance policyholders can earn discounts including good driver, online shopper, DriveSense, multi-car, multi-policy, and online quote.
  • Progressive offers discounts for online signing, online quote discount, homeowner, continuous coverage, good student, multi-vehicle, and multi-policy.
  • Liberty Mutual may have discounts that include teen driver discount, multi-car, hybrid vehicle, exclusive group savings, and newly married.
  • Auto-Owners Insurance may offer discounts for anti-theft, group or association, safe driver, safe vehicle, company car, good student, and paperless.
  • GEICO has discounts for five-year accident-free, multi-policy, emergency military deployment, daytime running lights, seat belt use, and anti-lock brakes.

It’s a good idea to ask every insurance company which credits you are entitled to. Some of the earlier mentioned discounts might not be available to policyholders in your state. To locate providers with discount rates, click here to view.

Tailor your insurance coverage to you

When it comes to buying the right insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s situation is a little different.

These are some specific questions can aid in determining if you could use an agent’s help.

  • Will my insurance pay for OEM parts?
  • Am I covered if I hit a deer?
  • Does my policy cover me when driving someone else’s vehicle?
  • When would I need additional glass coverage?
  • Do I benefit by insuring my home with the same company?
  • How do I buy GAP insurance?
  • When should I buy a commercial auto policy?
  • Is my ex-spouse still covered by my policy?
  • Should I put collision coverage on all my vehicles?
  • Do I need more liability coverage?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Auto insurance ads are enticing

Auto insurance companies such as State Farm, GEICO and Progressive seem to constantly run ads on television and other media. They all seem to convey the message that you’ll save big if you change your coverage. It sounds good, but how can they all save you money? It’s all in the numbers.

Auto insurance companies give the cheapest rates for the type of insured that will generate a profit. An example of this type of risk profile should be between the ages of 30 and 50, insures multiple vehicles, and has a high credit rating. Anyone that meets those criteria will qualify for the lowest car insurance rates and will probably cut their rates if they switch.

Potential insureds who don’t measure up to this stringent profile will be quoted higher rates which usually ends up with business not being written. The wording the ads use say “people that switch” not “everyone that quotes” save that kind of money. This is how companies can advertise the savings. Each company has different criteria, so you absolutely need to quote coverage with many companies. Because without a comparison, you cannot know which insurance companies will have the best car insurance rates.

Auto insurance coverage breakdown

Understanding the coverages of a auto insurance policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive coverage (or Other than Collision)

This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like a broken windshield, hail damage, hitting a deer, theft and rock chips in glass. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverage

Liability insurance will cover injuries or damage you cause to people or other property that is your fault. It protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability can pay for claims such as funeral expenses, court costs 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.

Uninsured Motorist or Underinsured Motorist insurance

This 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 as well as damage to your 2003 Ford Taurus.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Auto collision coverage

Collision coverage will pay to fix damage to your Taurus resulting from a collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as sustaining damage from a pot hole, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.

Insurance for medical payments

Med pay and PIP coverage reimburse you for immediate expenses such as hospital visits, dental work, nursing services and prosthetic devices. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Final considerations

While you’re price shopping online, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many cases, consumers will sacrifice comprehensive coverage or liability limits and learned later that the few dollars in savings costed them thousands. The aim is to buy a smart amount of coverage for the lowest price while still protecting your assets.

Cheaper 2003 Ford Taurus insurance can be purchased on the web as well as from independent agents, so you need to quote auto insurance with both so you have a total pricing picture. A few companies may not offer the ability to get a quote online and usually these smaller companies prefer to sell through independent agents.

People who switch companies do it for a variety of reasons including not issuing a premium refund, policy cancellation, extreme rates for teen drivers or being labeled a high risk driver. Regardless of your reason for switching companies, choosing a new insurance company is pretty easy and you might even save some money in the process.

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