Cheap 2001 Mercury Cougar Car Insurance Quotes

Are you sick and tired of not being able to afford to insure your Mercury every month? Your situation is no different than the majority of other car owners.

There are many insurers to insure vehicles with, and although it’s a good thing to have a selection, lots of choices makes it harder to locate the cheapest rates.

Finding affordable coverage is not rocket science. If you currently have a car insurance policy, you should be able to save some money using this information. But car owners must understand how insurance companies compete online and use this information to your advantage.

How to Compare Insurance Coverage Costs

The are a couple different ways to compare rate quotes from different insurance companies. The simplest method to compare 2001 Mercury Cougar insurance prices consists of obtaining rate quotes online. It is quite easy and can be accomplished in several different ways.

  1. The easiest and least time consuming way to compare a lot of rates at once is a comparison rater form click to view form in new window. This form eliminates the need for separate quotes to each individual insurance coverage company. A single, simple form will get you rate comparisons from many national carriers.
  2. Another way to get comparison quotes is to take the time to go to each company website and complete a new quote form. For examples sake, let’s say you want to compare rates from Geico, Safeco and Progressive. To get each rate you have to go to every website to enter your coverage information, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

  3. The most time-consuming way to get comparison rates is to spend your day driving to and from local insurance agencies. The internet can eliminate the need for a local agent unless you require the professional guidance only provided by licensed agents. However, consumers can obtain prices from the web and still use a local agent and we’ll touch on that later.

However you get your quotes, ensure you’re using identical coverages with each company. If your comparisons have different deductibles you can’t possibly determine the best price for your Mercury Cougar. Just a small difference in coverage limits can make a big difference in price. And when comparing insurance coverage rates, know that getting more free quotes will enable you to find the best offered rates.

Companies offer discounts so take them!

Auto insurance companies do not advertise all their discounts in a way that’s easy to find, so we took the time to find both the well known as well as the least known discounts you could be receiving.

  • Bundle and Save – When you have multiple policies with the same company you may earn at least 10% off all policies.
  • Paperwork-free – A handful of insurance companies give back up to $50 for buying a policy and signing up on their website.
  • Clubs and Organizations – Affiliation with a civic or occupational organization is a good way to get lower rates when buying insurance coverage for Cougar coverage.
  • Senior Citizens – Mature drivers may receive reduced rates for Cougar coverage.
  • Student Driver Training – Require your teen driver to enroll in driver’s education if it’s offered in school.
  • Lower Rates for Military – Having a family member in the military may qualify for rate reductions.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Mercury could qualify for discounted rates on garaged vehicles.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.

Keep in mind that most credits do not apply to all coverage premiums. Most cut individual premiums such as collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, it doesn’t quite work that way.

Companies that may offer these benefits include:

It’s a good idea to ask each company which discounts they offer. All car insurance discounts might not apply in every state.

Pieces of the Mercury Cougar insurance rate puzzle

It’s important that you understand some of the elements that go into determining the price you pay for insurance coverage. Understanding what impacts premium levels enables informed choices that could result in big savings.

Listed below are a few of the “ingredients” insurance coverage companies consider when setting premiums.

  • Don’t sacrifice liability coverage – The liability section of your policy will protect you if ever you are found to be at fault for damages from an accident. It provides legal defense which can be incredibly expensive. This coverage is very inexpensive compared to insuring for physical damage coverage, so buy as much as you can afford.
  • More claims means more premium – Insurance companies award cheaper rates to drivers who file claims infrequently. If you file claims often, you can look forward to either higher rates or even cancellation. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.
  • Rate your vehicle for proper use – The higher the mileage driven in a year’s time the more you will pay for insurance coverage. Most insurance companies rate vehicles based on how the vehicle is used. Autos not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. An improperly rated Cougar can result in significantly higher rates. Ask your agent if your insurance coverage declarations sheet is rated on the correct usage for each vehicle.
  • Do you qualify for a multi-policy discount? – The majority of insurance coverage companies will award you with lower prices to policyholders who have multiple policies with them. It’s known as a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. If you currently are using one company, you may still want to compare other company rates to make sure you are getting the best deal. Consumers may find better rates by buying insurance coverage from a different company.
  • Do you need those extra coverages? – There are a ton of extra coverages you can purchase if you aren’t careful. Things like personal injury protection, better glass coverage and motor club memberships may be wasting your money. They may seem good when talking to your agent, but if you don’t need them remove them from your policy.
  • Males pay more for insurance – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Women and men tend to get into accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also get more serious tickets like DUI and reckless driving.
  • Poor driving leads to higher costs – Even one citation can increase rates by twenty percent. Good drivers get better rates compared to drivers with tickets. If you have flagrant violations like DWI, reckless driving or hit and run convictions may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to keep their license.

Do I just need basic coverages?

When choosing the best insurance coverage coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that. For example, these questions might point out if your situation will benefit from professional help.

  • Do I need PIP coverage since I have good health insurance?
  • How do I insure my teen driver?
  • Does coverage extend to a rental car in a foreign country?
  • How many claims can I have before being cancelled?
  • Am I covered if my car is in a flood?
  • Am I covered when using my vehicle for business?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Switch companies and save? Really?

Companies like Progressive, Allstate and Geico regularly use ads in print and on television. All the ads say the same thing about savings if you move to them. How does each company make the same claim? This is how they do it.

Insurance companies can use profiling for the driver they prefer to insure. For instance, a driver they prefer could possibly be between the ages of 40 and 55, has no tickets, and chooses high deductibles. A customer who meets those qualifications will get very good rates and most likely will pay quite a bit less when switching companies.

Potential insureds who are not a match for the “perfect” profile must pay a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ads say “customers who switch” not “everyone that quotes” save that much. That’s why companies can truthfully state the savings. This illustrates why you need to get quotes from several different companies. It is impossible to predict which insurance companies will have the lowest Mercury Cougar insurance rates.

Parts of your car insurance policy

Learning about specific coverages of your car insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average car insurance policy.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as a broken windshield, damage from a tornado or hurricane, rock chips in glass, hitting a deer and hail damage. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability coverage – Liability coverage can cover damage or injury you incur to a person or their property by causing an accident. 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: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like medical expenses, medical services, funeral expenses, emergency aid and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.

Collision coverage – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as driving through your garage door, scraping a guard rail, backing into a parked car, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Insurance for medical payments – Coverage for medical payments and/or PIP pay for bills such as ambulance fees, chiropractic care and surgery. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Mercury Cougar.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

What is YOUR best insurance company?

When you buy insurance online, never reduce needed coverages to save money. Too many times, someone dropped liability coverage limits to discover at claim time they didn’t purchase enough coverage. Your strategy should be to find the BEST coverage at an affordable rate.

Cost effective 2001 Mercury Cougar insurance can be found on the web and also from your neighborhood agents, so compare prices from both to have the best rate selection. Some insurance coverage companies may not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

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