How Much Does 2003 Ford Thunderbird Car Insurance Cost?

Are you irritated from not being able to scrape enough together to insure your Ford every month? You are in the same boat as the majority of other drivers.

Drivers have so many insurers to purchase coverage from, and although it’s a good thing to be able to choose, lots of choices makes it harder to find the lowest cost provider.

It’s smart to take a look at other company’s rates quite often since insurance prices tend to go up over time. Despite the fact that you may have had the best deal for Thunderbird insurance six months ago there may be better deals available now. There is a lot of bad information regarding insurance online but by reading this article, you’re going to learn the best ways to put money back in your pocket.

More discounts mean affordable premiums

Car insurance is not cheap, but there may be some discounts to reduce the price significantly. A few discounts will automatically apply at the time of purchase, but some must be manually applied before you get the savings.

  • Theft Deterent System – Vehicles that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Accident Free – Drivers with accident-free driving histories get the best auto insurance rates in comparison with policyholders that have many claims.
  • Discount for Passive Restraints – Vehicles with factory air bags may earn rate discounts of 20% or more.
  • Telematics Data – Drivers who agree to allow their company to track vehicle usage remotely such as State Farm’s In-Drive may see discounts as long as they are good drivers.
  • Senior Discount – If you qualify as a senior citizen, you may receive reduced rates for Thunderbird insurance.
  • Save with a New Car – Buying coverage on a new vehicle can be considerably cheaper because newer models keep occupants safer.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on one policy qualifies for this discount.
  • E-sign – Some auto insurance companies will discount your bill up to fifty bucks for buying your policy on the web.
  • Federal Employees – Active or retired federal employment may qualify for a discount when you quote insurance for Thunderbird insurance with select insurance companies.

Just know that many deductions do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way.

A list of companies and some of the discounts are detailed below.

  • The Hartford policyholders can earn discounts including air bag, defensive driver, anti-theft, vehicle fuel type, good student, driver training, and bundle.
  • American Family offers discounts for good driver, accident-free, air bags, TimeAway discount, bundled insurance, good student, and defensive driver.
  • Progressive offers discounts including online signing, multi-vehicle, good student, multi-policy, homeowner, continuous coverage, and online quote discount.
  • Travelers includes discounts for early quote, driver training, continuous insurance, payment discounts, good student, and multi-car.
  • Farmers Insurance may include discounts for electronic funds transfer, business and professional, distant student, youthful driver, early shopping, good student, and bundle discounts.
  • USAA offers premium reductions for annual mileage, driver training, good student, new vehicle, and multi-policy.
  • Liberty Mutual discounts include multi-policy, new graduate, preferred payment discount, safety features, and newly married.

If you need lower rates, check with every prospective company which discounts they offer. Some of the earlier mentioned discounts may not be available in your state. To view providers offering auto insurance discounts, follow this link.

Buy auto insurance online

There are several ways you can shop for auto insurance but some are easier and takes less work. You could spend the better part of a day talking to insurance companies in your area, or you could save time and use the internet to get rates in a matter of minutes.

Most car insurance companies take part in a program where prospective buyers submit their information once, and at least one company provides a quote based on that data. This saves time by eliminating quote forms for each company.

To fill out one form to compare multiple rates now click here (opens in new window).

The only drawback to pricing coverage this way is you can’t choose which companies to get quotes from. So if you want to select from a list of companies for rate comparison, we have a page of low cost auto insurance companies in your area. View list of insurance companies.

Whichever way you use, do your best to use identical coverage information for each price quote. If you have different liability limits it will be next to impossible to make a fair rate comparison. Just a small difference in insurance coverages may cause a big price difference. Keep in mind that making a lot of price comparisons will improve the odds of getting the best price. Some regional insurers cannot provide quotes online, so you also need to get rates from the smaller companies as well.

Ford Thunderbird insurance prices can be cheaper

Many things are part of the calculation when pricing auto insurance. Some of the criteria are obvious such as traffic violations, but other factors are less obvious like your vehicle usage and annual miles driven.It’s important that you understand the rating factors that go into determining auto insurance rates. If you have some idea of what determines base rates, this allows you to make good choices that may reward you with lower auto insurance prices.

  • Higher deductibles save money – Physical damage deductibles state the amount of money the insured will be required to pay before a claim is paid by your company. Physical damage insurance, also called comprehensive and collision insurance, protects your car from damage. Some coverage claims could be rearending another vehicle, damage caused by hail, and having a roll-over accident. The higher the amount you choose to pay out-of-pocket, the lower your rates will be for Thunderbird insurance.
  • Car and home together may be cheaper – The majority of insurance companies allow discounts for people who consolidate policies with them in the form of a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare other company rates to help ensure you have the lowest rates.
  • Frequent auto insurance claims will increase rates – Companies generally give better rates to people who do not file claims often. If you tend to file frequent claims, you can look forward to higher rates. Auto insurance is meant to be used in the event of claims that pose a financial burden.
  • Save money with good credit – An insured’s credit rating is likely to be a major factor in determining premium rates. People that have very high credit ratings tend to be better risks to insure than drivers with bad credit. If your credit rating could use some work, you could pay less to insure your 2003 Ford Thunderbird by taking the time to improve your credit score.

It’s not one size fits all

When buying the best insurance coverage coverage for your vehicles, there really is not a cookie cutter policy. Everyone’s situation is unique so your insurance should reflect that These are some specific questions may help highlight whether your personal situation might need an agent’s assistance.

  • Do I really need UM/UIM coverage?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Is my state a no-fault state?
  • Is other people’s property covered if stolen from my vehicle?
  • How much liability do I need to cover my assets?
  • How much underlying liability do I need for an umbrella policy?
  • Is business property covered if stolen from my car?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Are you falling for claims of savings?

Insurance coverage providers like Progressive, Allstate and GEICO continually stream ads in print and on television. They all try to convey promises that you’ll save big if you just switch your insurance coverage policy to them. It sounds good, but how can they all offer you a better deal? Here is the trick they use.

Insurance companies give the best rates for the right customer they prefer to insure. An example of a profitable risk profile could possibly be a married female, has a low-risk occupation, and the vehicle is rated for pleasure use. A customer getting a price quote who matches those parameters receive the lowest rate quotes and therefore will save some money.

People who do not meet those standards must pay a more expensive rate which usually ends up with the customer buying from someone else. The trick companies use is to say “people who switch” not “all people who quote” will save that much if they switch. This is how companies can truthfully advertise the way they do.

This really illustrates why you absolutely need to get insurance quotes from several different companies. Because you never know which insurance coverage company will be your best fit.

Car insurance coverage specifics

Having a good grasp of your policy can help you determine which coverages you need for your vehicles. Policy terminology can be confusing and coverage can change by endorsement. Below you’ll find the usual coverages found on the average car insurance policy.

Collision protection

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as hitting a mailbox, crashing into a ditch, driving through your garage door and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.

Medical expense insurance

Med pay and PIP coverage pay for immediate expenses for things like chiropractic care, surgery, funeral costs, doctor visits and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Liability

Liability coverage can cover injuries or damage you cause to other people or property that is your fault. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as emergency aid, medical expenses and medical services. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Protection from uninsured/underinsured drivers

This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as damage to your Ford Thunderbird.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Frequently these limits are identical to your policy’s liability coverage.

Comprehensive (Other than Collision)

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like hail damage, fire damage, theft, a broken windshield and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Summing up your car insurance search

As you restructure your insurance plan, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many instances, someone sacrificed uninsured motorist or liability limits and discovered at claim time that they should have had better coverage. Your goal is to buy the best coverage you can find at a price you can afford and still be able to protect your assets.

Throughout this article, we presented a lot of information how to compare 2003 Ford Thunderbird insurance prices online. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. Consumers may even find the best prices are with the least-expected company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Progressive and GEICO.

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