Searching for better car insurance rates for your Mercury Grand Marquis? Locating better insurance prices for your Mercury Grand Marquis can turn out to be a painful process, but you can follow a few tricks and make it easy.
There is a right way and a wrong way to shop for car insurance so you’re going to learn the proper way to get price quotes for a new or used Mercury and find the cheapest rates.
It’s smart to price shop coverage before your policy renews because car insurance prices trend upward over time. Despite the fact that you may have had the best rate for Grand Marquis coverage six months ago there is a good chance you can find better premium rates now. Block out anything you think you know about car insurance because you’re going to learn the proper way to properly buy coverages and cut your premium.
Reducing your 1992 Mercury Grand Marquis insurance rates is pretty simple and can save money. You just need to take time comparing rate quotes provided by online insurance companies. You can get a good selection of rate quotes by using one of the methods below.
You can use whichever method you prefer to find lower rates, just be certain you are entering nearly identical coverage limits on every price quote you get. If you are comparing unequal deductibles or liability limits you can’t possibly make a fair comparison for your Mercury Grand Marquis.
When it comes to buying the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Everyone’s situation is a little different.
These are some specific questions might help in determining if you may require specific advice.
If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and may give you better protection.
Learning about specific coverages of auto insurance can be of help when determining the best coverages for your vehicles. Auto insurance terms can be impossible to understand and reading a policy is terribly boring.
Comprehensive (Other than Collision) – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like theft, vandalism, rock chips in glass and fire damage. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Medical expense insurance – Coverage for medical payments and/or PIP pay for expenses for X-ray expenses, dental work, funeral costs and prosthetic devices. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state but can be used in place of medical payments coverage
Liability insurance – Liability insurance will cover damage or injury you incur to other’s property or people in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit without having the split limit caps.
Liability coverage protects against claims such as medical expenses, structural damage, bail bonds, court costs and attorney fees. How much coverage you buy is up to you, but you should buy higher limits if possible.
Collision – Collision insurance covers damage to your Grand Marquis resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as hitting a mailbox, damaging your car on a curb and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.
Protection from uninsured/underinsured drivers – This provides protection from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercury Grand Marquis.
Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Frequently the UM/UIM limits are set the same as your liablity limits.