Compare 1993 Ford Thunderbird Insurance Quotes

Searching for cheaper insurance coverage rates for your Ford Thunderbird? I doubt anyone looks forward to paying premiums for insurance coverage, particularly when they could find lower prices if they just compared rates.

There is such a variety of insurers to pick from, and even though it’s nice to have a choice, it can be more challenging to adequately compare rates.

It’s a great practice to take a look at other company’s rates once or twice a year because prices go up and down regularly. Just because you had the lowest rates for Thunderbird insurance six months ago you may be paying too much now. You’ll find quite a bit of inaccurate information about insurance coverage out there, but you can learn some good information on how to put money back in your pocket.

Why your insurance costs might be higher

Part of the car insurance buying process is learning the different types of things that play a part in calculating the rates you pay for car insurance. If you have some idea of what determines premiums, this empowers consumers to make smart changes that will entitle you to better car insurance rates. Lots of factors are used in the calculation when you quote your car insurance policy. Some of the criteria are obvious like an MVR report, although others are not as apparent like your vehicle usage or your vehicle rating.

The items below are a partial list of the pieces that factor into your prices.

  • You might pay higher premiums if you are single – Having a spouse can get you a discount on your policy. Having a spouse demonstrates that you tend to be more responsible and statistics show drivers who are married file infrequent claims.
  • Annual mileage impacts rates – The more you drive in a year’s time the higher your rate. The majority of insurers charge to insure your cars partially by how you use the vehicle. Autos that do not get driven very much can be on a lower rate level than those that get driven frequently. An incorrectly rated Thunderbird can cost quite a bit. It’s always a good idea to double check that your car insurance policy correctly shows the right rating data, because improper ratings can cost you money.
  • Frequent policy claims will cost you more – Insurance companies give the lowest premiums to policyholders who do not file claims often. If you’re an insured who likes to file claims you can expect either higher rates or even cancellation. Your car insurance is designed for claims that pose a financial burden.
  • Little extras can really add up – There are a ton of optional add-on coverages that can waste your money on your Thunderbird policy. Coverages like personal injury protection, accident forgiveness, and additional equipment coverage may be wasting your money. They may seem good when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Improve your credit rating – Your credit history can be a huge factor in determining premium rates. So if your credit score is lower than you’d like, you could be paying less to insure your 1993 Ford Thunderbird by taking the time to improve your credit score. Insureds that have good credit tend to be better risks to insure than those with poor credit scores.
  • Accidents mean higher rates – Careful drivers pay less for auto insurance as compared to those with violations. Getting just one moving violation can boost insurance rates by as much as twenty percent. Drivers who have gotten serious violations like reckless driving, hit and run or driving under the influence are required to submit a SR-22 form with the DMV in their state in order to keep their license.

Compare free insurance price quotes

There are a variety of methods to shop for insurance, but there is one way that is less labor-intensive and much quicker. You can waste hours discussing policy coverages with insurance agencies in your area, or you could use online quotes to achieve your goal.

Many of the larger companies belong to an insurance system that allows shoppers to enter their coverage request one time, and each company then returns a price quote for coverage. This saves time by eliminating quote forms for each company you want a rate for.

To access this free quoting program, click to open in new window.

The one downside to comparing rates this way is you don’t know exactly which carriers to receive prices from. So if you prefer to choose individual companies for rate comparison, we have assembled a list of low cost insurance companies in your area. Click here to view list.

You can use whichever method you prefer to find lower rates, just make absolute certain that you use exactly the same coverage limits with each company. If each company quotes mixed coverages it will be very difficult to make a fair rate comparison. Even a minor difference in insurance coverages or limits may result in large price differences. And when price shopping your coverage, quoting more gives you a better chance of getting a lower rate. Not every company provides online quotes, so it’s recommended that you also compare price quotes from those companies as well.

More discounts mean lower-cost premiums

The cost of insuring your cars can be expensive, but discounts can save money and there are some available that could drop your premiums quite a bit. Some of these disounts will be visible at the time of purchase, but some may not be applied and must be asked about before you get the savings.

  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to enroll in driver’s education as it will make them better drivers and lower rates.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle up before driving can save a little off PIP or medical payments premium.
  • Multiple Vehicles – Purchasing coverage when you have multiple cars with one company qualifies for this discount.
  • Waiver for an Accident – This one isn’t a discount, but a few companies such as State Farm, Progressive and GEICO allow you one accident before they charge you more for coverage if you are claim-free prior to the accident.
  • Homeowners Discount – Just owning your own home may trigger a policy discount on insurance coverage because it requires a higher level of personal finance.
  • Multi-line Discount – Insurance companies who offer life insurance give a discounted price on car insurance if you buy auto and life insurance together.
  • Anti-lock Brake Discount – Vehicles with ABS braking systems or traction control are much safer to drive and the ABS can save up to 10%.
  • Good Students Pay Less – Maintaining excellent grades can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
  • Telematics Data – Drivers who agree to allow driving data submission to analyze vehicle usage by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if they exhibit good driving behavior.
  • Active Military Service – Being on active deployment in the military may lower your prices slightly.

Consumers should know that most of the big mark downs will not be given to your bottom line cost. The majority will only reduce specific coverage prices like liability and collision coverage. Even though the math looks like it’s possible to get free car insurance, it’s just not the way it works.

A few of the larger companies and a partial list of their discounts are shown below.

  • State Farm offers discounts including accident-free, driver’s education, good driver, student away at school, good student, defensive driving training, and multiple autos.
  • American Family may include discounts for TimeAway discount, multi-vehicle, defensive driver, early bird, good driver, bundled insurance, and mySafetyValet.
  • GEICO has discounts for multi-vehicle, air bags, driver training, good student, and multi-policy.
  • 21st Century offers discounts for defensive driver, automatic seat belts, teen driver, homeowners, good student, and driver training.
  • Progressive offers premium reductions for homeowner, good student, multi-policy, multi-vehicle, online quote discount, continuous coverage, and online signing.

Before buying, ask every company which discounts they offer. All car insurance discounts may not apply to policyholders in your area. If you would like to view insurance coverage companies offering insurance coverage discounts, follow this link.

It’s not one size fits all

When it comes to buying coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that. For example, these questions might point out whether you may require specific advice.

  • Should I bundle my homeowners policy with my auto?
  • What is the rate difference between pleasure use and commuting?
  • Do I need special endorsements for business use of my vehicle?
  • What if I don’t agree with a claim settlement offer?
  • Am I covered if I break a side mirror?
  • Do I have coverage when pulling a U-Haul trailer?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of auto insurance companies in your area.

Car insurance specifics

Knowing the specifics of your policy can be of help when determining which coverages you need and the correct deductibles and limits. Car insurance terms can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverage types found on most car insurance policies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your 1993 Ford Thunderbird.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like surgery, ambulance fees and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Auto liability

This coverage can cover damage that occurs to people or other property in an accident. It protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

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 policy limits of 25/50/25 which means 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 and claims can be made without the split limit restrictions.

Liability can pay for things such as loss of income, funeral expenses and court costs. How much liability should you purchase? That is up to you, but you should buy as large an amount as possible.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as vandalism, damage from getting keyed, rock chips in glass and hail damage. The maximum amount a car insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision protection

Collision insurance pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like crashing into a ditch, hitting a mailbox, crashing into a building, colliding with another moving vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to bring the cost down.

In conclusion

As you restructure your insurance plan, it’s very important that you do not reduce coverage to reduce premium. In many cases, someone dropped collision coverage only to find out that the small savings ended up costing them much more. Your goal should be to purchase a proper amount of coverage at the best possible price, but do not sacrifice coverage to save money.

Cheap 1993 Ford Thunderbird insurance is attainable online as well as from independent agents, so you need to quote insurance with both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get a quote online and most of the time these small insurance companies work with independent insurance agencies.

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