Compare 2004 Ford Taurus Car Insurance Rates

Overpriced Ford Taurus insurance can drain your checking account and put the squeeze on your family’s finances. Shopping your coverage around is free and is an excellent way to help make ends meet.

Many insurers vie for your hard-earned dollar, so it’s not easy to compare every company and get the definite best rate

Consumers should take time to compare rates periodically because rates tend to go up over time. If you had the lowest rates on Taurus insurance on your last policy the chances are good that you can find a lower rate today. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the tricks you need to know to buy cheaper insurance.

Discounts are basically free money

Insurance can cost an arm and a leg, but there could be available discounts to help offset the cost. Certain discounts will be applied at the time of quoting, but less common discounts must be requested specifically before you will receive the discount.

  • No Claims – Drivers who don’t have accidents pay less when compared to drivers who are more careless.
  • College Student – Children who are attending college and don’t have a car can be insured at a reduced rate.
  • Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts could save 15% off the personal injury premium cost.
  • Accident Waiver – Certain companies permit an accident before hitting you with a surcharge if you are claim-free for a particular time prior to the accident.
  • Club Memberships – Being a member of certain professional organizations is a good way to get lower rates when shopping for insurance coverage on Taurus insurance.

It’s important to note that most discount credits are not given to the entire cost. A few only apply to specific coverage prices like liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, it just doesn’t work that way. But any discount will reduce the amount you have to pay.

To see a list of companies with the best insurance coverage discounts, click here.

Which insurance is the “right” coverage?

When choosing coverage for your personal vehicles, there really is no “perfect” insurance plan. Each situation is unique and a cookie cutter policy won’t apply. For example, these questions can aid in determining whether or not you will benefit from professional help.

  • How do I insure my teen driver?
  • Do I have coverage when making deliveries for my home business?
  • Should I drop comprehensive coverage on older vehicles?
  • When should I buy a commercial auto policy?
  • What is covered by UM/UIM coverage?
  • Should I waive the damage coverage when renting a car?
  • Why am I required to buy liability insurance?

If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Don’t believe everything you hear

Progressive, Geico, Allstate and State Farm consistently run ads on television and other media. All the companies make an identical promise that you can save if you change your coverage to them. How can each company make the same claim? This is how they do it.

All companies can use profiling for the type of driver that is profitable for them. For example, a desirable insured could possibly be between the ages of 30 and 50, has no prior claims, and drives less than 10,000 miles a year. A customer getting a price quote who fits that profile is entitled to the best price and as a result will probably save a lot of money.

Consumers who fall outside these standards will have to pay more money which usually ends up with business going elsewhere. The ads say “customers who switch” not “everyone that quotes” save that much money. That is how companies can truthfully make those claims.

Because of the profiling, you absolutely need to compare as many rates as you can. It’s not possible to predict which auto insurance company will have the lowest Ford Taurus insurance rates.

Insurance policy specifics

Understanding the coverages of your policy helps when choosing the best coverages and proper limits and deductibles. Insurance terms can be ambiguous and reading a policy is terribly boring. Shown next are the normal coverages available from insurance companies.

Liability – Liability insurance protects you from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as bail bonds, repair bills for other people’s vehicles and funeral expenses. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Comprehensive or Other Than Collision – This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like vandalism, hitting a deer, theft and fire damage. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Ford Taurus.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like X-ray expenses, funeral costs, prosthetic devices and hospital visits. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage – Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as crashing into a ditch, crashing into a building, rolling your car and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Stretch your dollar

Discount 2004 Ford Taurus insurance can be found on the web and also from your neighborhood agents, and you should be comparing both to have the best chance of lowering rates. Some insurance providers may not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

We just covered a lot of tips how to lower your insurance rates. The key concept to understand is the more quotes you get, the higher your chance of finding lower rates. Consumers could even find that the biggest savings come from the least-expected company. These companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate, Geico and Progressive.

When buying insurance coverage, it’s very important that you do not buy lower coverage limits just to save a few bucks. There have been many situations where an insured dropped full coverage only to discover later that the savings was not a smart move. The aim is to buy the best coverage you can find at a price you can afford.

More information is located at the links below