2004 Mercury Grand Marquis Car Insurance Cost

Are you at wits end from trying to scrape together enough money to pay auto insurance each month? You have the same problem as most other vehicle owners.

Big-name insurance companies like Allstate, Progressive and GEICO all claim big savings, bombarding you with advertising and it is challenging if not impossible to separate fact from fiction and find the best price available.

Smart consumers take time to check auto insurance prices yearly because prices are rarely the same from one policy term to another. Even if you got the best rate for Grand Marquis coverage on your last policy there may be better deals available now. You can find a lot of misleading information regarding auto insurance online but I’m going to show you some of the best techniques to slash your auto insurance rates.

How to compare insurance coverage quotes

There are several ways of comparing price quotes from all the different companies. By far the easiest way to find affordable 2004 Mercury Grand Marquis insurance rates consists of obtaining rate quotes online. It is quite easy and can be accomplished in just a few minutes using one of these methods.

1. The fastest and easiest way consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This method eliminates the need for a different quote to each individual insurance coverage company. Filling out one form will return quotes direct from many companies.
2. A less efficient way to compare prices requires you to visit each company’s website and repeat the quote process again and again. For instance, we’ll pretend you need rates from Nationwide, Allstate and Liberty Mutual. You would have to go to each individual site to enter the same coverage data repeatedly, which can get rather old. To view a list of companies in your area, click here.

Which method you use is up to you, but make darn sure you compare apples-to-apples coverages on every quote you get. If you use different data it’s impossible to determine the lowest rate for your Mercury Grand Marquis. Quoting even small variations in coverages can result in a big premium difference. And when comparison shopping, making a lot of price comparisons provides better odds of finding a lower rate than you’re paying now. Some insurance companies are not set up to provide quotes online, so you also need to get prices from those companies as well.

These discounts can lower your auto insurance rates

The price of auto insurance can be rather high, but there could be available discounts that you may not even be aware of. Certain discounts will be triggered automatically at the time you complete a quote, but less common discounts must be inquired about before you get the savings. If you don’t get every credit you deserve, you could be paying more than you need to.

• Military Deployment Discount – Having a family member in the military may qualify for rate reductions.
• Telematics Data Discounts – People who choose to allow their insurance company to study driving patterns by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they show good driving skills.
• Homeowners Pay Less – Being a homeowner can help you save on auto insurance due to the fact that maintaining a home is proof that your finances are in order.
• Bundled Policy Discount – If you insure your home and vehicles with the same company you may save over 10 percent off each policy depending on the company.
• Senior Citizens – Seniors can get a small discount on rates for Grand Marquis coverage.
• Passive Restraints – Vehicles with factory air bags or motorized seat belts can receive discounts of up to 25% or more.
• Federal Government Employee – Simply working for the federal government may reduce rates when you quote car insurance for Grand Marquis coverage depending on your auto insurance provider.
• Braking Control Discount – Vehicles that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
• Renewal Discounts – A few auto insurance companies offer discounts for switching policies early. You may see this discount when you get car insurance quotes online.
• Multiple Cars – Buying coverage for multiple vehicles on a single policy qualifies for this discount.

Consumers should know that most discount credits are not given to the overall cost of the policy. Most only cut individual premiums such as collision or personal injury protection. Despite the fact that it seems like all those discounts means the company will pay you, it doesn’t quite work that way.

Large auto insurance companies and a summarized list of policyholder discounts are outlined below.

• State Farm policyholders can earn discounts including passive restraint, good student, student away at school, Drive Safe & Save, Steer Clear safe driver discount, and accident-free.
• Farmers Insurance may have discounts that include youthful driver, distant student, pay in full, multi-car, and mature driver.
• GEICO has discounts for emergency military deployment, military active duty, anti-theft, defensive driver, and five-year accident-free.
• American Family offers discounts for multi-vehicle, early bird, defensive driver, good driver, and air bags.
• Nationwide offers premium reductions for good student, business or organization, easy pay, anti-theft, multi-policy, defensive driving, and Farm Bureau membership.
• Progressive includes discounts for multi-vehicle, continuous coverage, multi-policy, online quote discount, online signing, good student, and homeowner.

Before you buy a policy, ask each insurance company which credits you are entitled to. All car insurance discounts might not be offered on policies everywhere. To see auto insurance companies that offer many of these discounts, click here to view.

Different people need different insurance coverage coverages

When buying adequate coverage, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that may help highlight if your insurance needs would benefit from professional advice.

• Do I need replacement cost coverage on my 2004 Mercury Grand Marquis?
• Am I covered if hit by an uninsured driver?
• Is business property covered if stolen from my car?
• Will I be non-renewed for getting a DUI or other conviction?
• When would I need rental car insurance?
• Can I make deliveries for my home business?
• What is medical payments coverage?
• How do I buy GAP insurance?
• Am I covered if I break a side mirror?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Auto insurance coverage information

Knowing the specifics of your policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring. These are the normal coverages offered by insurance companies.

Collision coverages – Collision insurance covers damage to your Grand Marquis resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like hitting a mailbox, backing into a parked car, crashing into a ditch and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as damage to your Mercury Grand Marquis.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical expense coverage – Med pay and PIP coverage reimburse you for immediate expenses for pain medications, surgery and hospital visits. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive protection – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like hitting a deer, damage from a tornado or hurricane, damage from getting keyed, fire damage and hail damage. The maximum payout your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability coverage – Liability insurance can cover damages or injuries you inflict on people or other property in an accident. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 that means you have 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. Another option is one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability coverage protects against things such as emergency aid, repair costs for stationary objects, attorney fees and court costs. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.