Compare 2006 Mercury Monterey Car Insurance Cost

Want the cheapest car insurance rates for your Mercury Monterey? Are you at wits end from paying out the nose to pay high car insurance rates every month? Your situation is no different than many other consumers. Many insurers compete for your business, so it’s not easy to compare every company to find the lowest rate

If you are insured now or are shopping for new coverage, you can follow these tips to shop for the lowest rates and possibly find even better coverage. Choosing the best insurance company for you is easy if you know what you’re doing. Drivers only need an understanding of the most effective way to shop for car insurance over the internet.

Discount car insurance quotes

Companies that sell car insurance do not advertise all possible discounts in a way that’s easy to find, so we break down some of the best known in addition to some of the lesser obvious credits available to lower your premiums when you buy car insurance online. If you check and find you aren’t receiving every discount you deserve, you may be paying too high a price.

  • Low Mileage Discounts – Driving less could earn substantially lower premium rates.
  • Good Students Pay Less – Maintaining excellent grades can save 20 to 25%. The good student discount can last until age 25.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
  • Multi-policy Discount – When you have multiple policies and insure them with the same company you could get a discount of over 10 percent off each policy depending on the company.
  • Military Rewards – Being on active deployment in the military could trigger a small discount.
  • Own a Home and Save – Owning a home can earn you a little savings since home ownership is proof that your finances are in order.
  • Early Signing – A few larger companies offer discounts for buying a new policy before your current expiration date. The savings is around 10%.

It’s important to note that most credits do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, companies wouldn’t make money that way. But any discount should help lower the amount you pay for coverage.

Larger car insurance companies and some of the discounts are:

  • AAA may offer discounts for anti-theft, education and occupation, AAA membership discount, good driver, multi-policy, pay-in-full, and good student.
  • Progressive offers premium reductions for homeowner, multi-vehicle, multi-policy, continuous coverage, online signing, and good student.
  • State Farm includes discounts for Drive Safe & Save, multiple policy, good student, driver’s education, defensive driving training, accident-free, and good driver.
  • Esurance may have discounts that include multi-car, anti-theft, emergency road assistance, renters, safety device, and multi-policy.
  • Nationwide has discounts for defensive driving, anti-theft, Farm Bureau membership, business or organization, family plan, and accident-free.

When comparing rates, check with every company to apply every possible discount. All car insurance discounts may not apply to policyholders in your area. To see a list of companies with the best car insurance discounts, click here to view.

Tailor your car insurance coverage to you

When it comes to choosing adequate coverage, there really is not a “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that can help discover if you would benefit from an agent’s advice.

  • What are the financial responsibility laws in my state?
  • Can I afford low physical damage deductibles?
  • Does my policy pay for OEM or aftermarket parts?
  • Is my 2006 Mercury Monterey covered for smoke damage?
  • Who is covered by my policy?
  • Is rental equipment covered for theft or damage?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

Auto insurance 101

Learning about specific coverages of your insurance policy can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find the normal coverages available from insurance companies.

Collision coverage

Collision insurance covers damage to your Monterey caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as crashing into a building, sustaining damage from a pot hole, hitting a mailbox and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Liability

Liability coverage provides protection from damage that occurs to people or other property. This insurance protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Another option is one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for things like structural damage, pain and suffering, attorney fees, medical services and legal defense fees. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Medical expense coverage

Med pay and PIP coverage kick in for short-term medical expenses such as rehabilitation expenses, funeral costs and nursing services. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercury Monterey.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these coverages are set the same as your liablity limits.

Comprehensive protection

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims like damage from flooding, hitting a bird and a broken windshield. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Smart shoppers get results

More affordable car insurance is possible on the web in addition to local insurance agencies, and you need to comparison shop both to get a complete price analysis. There are still a few companies who do not offer rates over the internet and most of the time these small, regional companies prefer to sell through local independent agents.

When searching for affordable car insurance quotes, make sure you don’t skimp on critical coverages to save a buck or two. There have been many situations where an insured dropped liability coverage limits only to find out that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy enough coverage for the lowest price but still have enough coverage for asset protection.

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