2015 Ford Taurus Car Insurance Rates

Paying for pricey Ford Taurus insurance can bleed your monthly budget and force you to cut corners elsewhere. Performing a rate comparison is a great way to tighten up your finances.

Lots of insurance companies contend for your business, so it can be very hard to choose a insurance company and get the definite best price available.

If you are paying for car insurance now, you stand a good chance to be able to save some money using these techniques. Finding the best rates is quite easy. Although drivers do need to understand the way companies market insurance on the web and apply this information to your search.

Cut insurance costs with these tips

The best way to find cheaper auto insurance is to take a look at some of the elements that help calculate your policy premiums. If you understand what controls the rates you pay, this helps enable you to make changes that may result in much lower annual insurance costs. Many different elements are taken into consideration when you get a price on insurance. Some are pretty understandable like a motor vehicle report, but some are more transparent such as your marital status or your financial responsibility.

The following are a partial list of the pieces utilized by car insurance companies to help set your rates.

  • Cheaper rates after marriage – Having a spouse can actually save you money when buying auto insurance. It is viewed as being more financially stable and it’s statistically proven that married drivers tend to file fewer claims.
  • More stress means more cost – Occupational choices like fire fighters, social workers and emergency personnel generally have the highest average rates because of intense work situations and lots of time spent away from family. Other professions such as actors, engineers and retirees pay the least on Taurus coverage.
  • Save money by raising comp and collision deductibles – Insurance for physical damage, also called ‘full coverage’, covers your vehicle from damage. Some coverage claims could be a windshield shattered by a rock, vandalism, and damage from a fallen tree branch. Comprehensive and collision coverage deductibles represent how much money you are required to pay if a claim is determined to be covered. The more money the insured is willing to pay, the lower your rates will be on Taurus coverage.
  • Insure your auto and home with one company – Most major insurance companies apply lower prices to people who consolidate policies with them such as combining an auto and homeowners policy. The amount of the discounts can be 10 percent or more. Even if you qualify for this discount already, it’s always a smart idea to compare other insurance prices to help ensure you have the lowest rates. Drivers may still save more without the discount even if you have your coverage with different companies
  • Avoid tickets and save – Having a single ticket may increase your cost substantially. Drivers with clean records have lower premiums than bad drivers. Drivers with careless violations like DUI, reckless driving or excessive speeding are required to file a proof of financial responsibility form (SR-22) with their state in order to prevent a license revocation.
  • Low credit rating equals high rates – Having a bad credit rating is a big factor in determining what you pay for auto insurance. Therefore, if your credit can use some improvement, you could pay less to insure your 2015 Ford Taurus by repairing your credit. People that have very good credit scores tend to be more responsible and file fewer claims than those with lower credit scores.

Don’t overlook these car insurance discounts

Car insurance is expensive, but there could be available discounts that can help lower your rates. Most are applied when you get a quote, but less common discounts must be asked for before you will receive the discount.

  • Multiple Vehicles – Drivers who insure several vehicles with the same company could earn a price break for each car.
  • Membership in Organizations – Being a member of certain professional organizations could qualify you for a break on your next car insurance statement.
  • Theft Deterent – Cars equipped with anti-theft or alarm systems are stolen less frequently and will qualify for a discount on a car insurance quote.
  • Include Life Insurance and Save – Some insurance companies give lower prices if you buy a life insurance policy as well.
  • Discounts for Responsible Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Taurus coverage than drivers with accidents.
  • Claim Free – Insureds who avoid accidents and claims pay much less compared to frequent claim filers.
  • Own a Home and Save – Owning a home may earn you a small savings since owning and maintaining a home shows financial diligence.

A quick disclaimer, most credits do not apply to the entire policy premium. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though you would think all those discounts means the company will pay you, companies don’t profit that way.

A few popular companies and their possible discounts are included below.

  • Farm Bureau includes discounts for 55 and retired, renewal discount, youthful driver, safe driver, good student, multi-vehicle, and driver training.
  • Liberty Mutual discounts include new graduate, good student, multi-car, newly married, and preferred payment discount.
  • State Farm has discounts for multiple policy, good driver, Steer Clear safe driver discount, driver’s education, Drive Safe & Save, and accident-free.
  • Auto-Owners Insurance may have discounts that include good student, paperless, multi-policy, student away at school, air bags, and paid in full.
  • GEICO offers premium reductions for defensive driver, military active duty, federal employee, anti-theft, seat belt use, daytime running lights, and anti-lock brakes.
  • SAFECO has savings for teen safe driver, bundle discounts, anti-theft, multi-car, anti-lock brakes, and accident prevention training.

If you want low cost car insurance quotes, ask each insurance company what discounts are available to you. Some credits may not be available everywhere. To locate car insurance companies that offer many of these discounts, click here.

When to get professional advice

When choosing the best insurance coverage, there isn’t really a one size fits all plan. Everyone’s needs are different so this has to be addressed. Here are some questions about coverages that can aid in determining whether your personal situation might need an agent’s assistance.

  • Am I covered when driving on a suspended license?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do I pay less for low miles?
  • Am I insured when driving a different vehicle?
  • Is my ex-spouse still covered by my policy?
  • Am I covered if I crash into my own garage door?
  • Am I covered when driving a rental car?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies.

Auto insurance coverages explained

Having a good grasp of your policy can be of help when determining the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are the usual coverages available from auto insurance companies.

Uninsured and underinsured coverage – This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Ford Taurus.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Normally these coverages are similar to your liability insurance amounts.

Comprehensive coverages – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as rock chips in glass, a broken windshield and damage from flooding. The most a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability coverages – This coverage protects you from damage that occurs to other people or property in an accident. It protects you against claims from other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as repair costs for stationary objects, attorney fees, bail bonds and loss of income. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

Coverage for medical payments – Coverage for medical payments and/or PIP pay for short-term medical expenses for surgery, X-ray expenses and nursing services. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Collision – Collision insurance pays for damage to your Taurus resulting from a collision with an object or car. 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 rolling your car, sustaining damage from a pot hole and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

You can do this!

Some insurance providers may not have internet price quotes and these smaller providers only sell coverage through local independent agencies. More affordable insurance coverage is available both online and from local insurance agents, and you need to comparison shop both so you have a total pricing picture.

As you quote car insurance, don’t be tempted to buy lower coverage limits just to save a few bucks. In many instances, consumers will sacrifice comprehensive coverage or liability limits and discovered at claim time that the small savings ended up costing them much more. The aim is to get the best coverage possible for the lowest cost, not the least amount of coverage.

In this article, we presented quite a bit of information on how to compare 2015 Ford Taurus insurance prices online. The key thing to remember is the more times you quote, the higher your chance of finding cheap car insurance. Consumers may even find the best prices are with the smaller companies. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as State Farm and Allstate.

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