Save on 1993 Mercury Cougar Insurance Quotes

Want lower insurance coverage rates for your Mercury Cougar? Do you get overwhelmed by the wide range of insurance coverage sources available to you? Many other drivers are as well. You have so many choices that it is a real hassle to lower your prices.

It’s a great practice to do rate comparisons once or twice a year due to the fact that insurance rates trend upward over time. If you had the lowest premium rates for Cougar coverage at your last renewal you can probably find a better price now. Block out anything you think you know about insurance coverage because you’re going to learn the fastest way to properly buy coverages and cut your premium.

Learn how to lower your insurance prices

Many factors are used when quoting car insurance. Some of the criteria are obvious such as your driving history, although others are more transparent such as whether you are married and annual miles driven.

  • Rates can drop if you have more than one policy – Most major insurers allow a discount for people who have multiple policies with them. It’s known as a multi-policy discount. This can amount to as much as ten percent or more Even if you qualify for this discount already, you still need to compare other insurance prices to help ensure you have the lowest rates.There is a chance you can find lower rates by splitting coverages up.
  • Safer vehicles lower rates – Vehicles that have high safety ratings tend to have better insurance rates. Vehicles engineered for safety have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims passed on to you as lower rates.
  • Accidents hurt – Attentive drivers get better prices as compared to careless drivers. Getting just one moving violation could increase your next policy renewal by as much as twenty percent. Drivers unfortunate enough to have serious violations like hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent their license from being revoked.
  • Expect high rates for teens – Drivers with little experience are statistically shown to be careless and easily distracted when at the wheel of a vehicle therefore insurance rates are much higher. Parents adding a youthful driver onto your insurance can be quite pricey. More experienced drivers have been proven to be more responsible, are lower risk to insure and receive fewer citations.
  • Do you have a demanding employer? – Jobs such as judges, social workers and miners are shown to have higher rates than the rest of us attributed to high stress levels and incredibly demanding work hours. On the other hand, careers like actors, engineers and performers have lower than average premiums for Cougar coverage.
  • Use but don’t abuse your insurance – If you file a lot of claims you can pretty much guarantee either a policy non-renewal or much higher rates. Companies generally give the best rates to people who do not rely on their insurance for small claims. Insurance coverage is designed for the large, substantial claims.
  • Men pay more for car insurance – Over the last 30 years, statistics show that females tend to be a little less risky than males. Now that doesn’t mean women are better drivers. Males and females get in auto accidents in similar percentages, but the males get into accidents with more damage. In addition to higher claims, males also get more serious tickets like reckless driving and DUI. Males from age 16 to 21 tend to get in the most accidents and therefore pay the highest rates.

Drivers save money with with these discounts

Companies that sell car insurance don’t necessarily list the entire discount list very well, so the below list has a few of the more well known as well as the least known auto insurance savings. If you check and find you aren’t receiving every discount you qualify for, you could be paying more than you need to.

  • Discounts for Federal Employees – Active or retired federal employment could cut as much as 10% off for Cougar coverage but check with your company.
  • Discounts for Cautious Drivers – Drivers who don’t get into accidents could pay up to 40% less for Cougar coverage compared to accident prone drivers.
  • Active Service Discounts – Having a deployed family member could trigger a small discount.
  • College Student – Youth drivers who live away from home at college and don’t have a car can receive lower rates.
  • Anti-theft System – Cars and trucks equipped with tracking devices and advanced anti-theft systems are stolen with less frequency and will save you 10% or more.
  • Telematics Discount – Insureds who allow companies to track vehicle usage by using a telematic data system such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they are good drivers.
  • Discount for Low Mileage – Keeping the miles down on your Mercury can earn lower prices on the low mileage vehicles.

You can save money using discounts, but most discount credits are not given to the entire cost. Some only apply to individual premiums such as comp or med pay. Even though the math looks like it’s possible to get free car insurance, companies don’t profit that way.

A few of the larger companies and a summarized list of policyholder discounts are shown below.

  • State Farm has savings for safe vehicle, good student, multiple policy, accident-free, and multiple autos.
  • Esurance has discounts for multi-car, good driver, online quote, homeowner, good student, and claim free.
  • Progressive offers premium reductions for multi-policy, continuous coverage, online quote discount, homeowner, and online signing.
  • Liberty Mutual offers discounts including new vehicle discount, newly retired, teen driver discount, good student, and new move discount.
  • Auto-Owners Insurance includes discounts for paid in full, safe vehicle, multiple vehicles, paperless, and mature driver.
  • GEICO may offer discounts for driver training, membership and employees, military active duty, multi-policy, daytime running lights, anti-theft, and five-year accident-free.

When quoting, ask all companies you are considering what discounts are available to you. Some of the earlier mentioned discounts might not be offered in your state. To see providers with significant discounts, click here.

Insurance ads bend the truth

Popular insurance providers such as Progressive, GEICO, Allstate and State Farm constantly bombard you with television, radio, and online ads. They all advertise claims that people will save just by moving your policy. How does each company offer drivers better rates? This is how they do it.

Most companies give the best rates for the type of customer that will most likely be profitable. For instance, a driver they prefer may be a female over age 40, has never had a claim, and drives newer vehicles. A propective insured that matches those criteria receive the lowest rate quotes and will save money with a new company.

Potential customers who do not meet these stringent criteria will probably be forced to pay a higher rate with the end result being the driver buying from a lower-cost company. The ad wording is “drivers that switch” not “everyone that quotes” save that much money. That’s the way insurance companies can make claims that they all have the best rates. This illustrates why you really need to do a rate comparison at every renewal. It’s just not possible to know with any certainty which company will fit you best based on your risk profile.

Your situation helps dictate your coverage

When choosing the best insurance coverage coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different.

For example, these questions may help highlight whether or not you could use an agent’s help.

  • Is my 1993 Mercury Cougar covered for smoke damage?
  • How much liability coverage do I need in my state?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered when driving a rental car?
  • Do I need roadside assistance coverage?
  • Who is covered when they drive my 1993 Mercury Cougar?
  • Can I afford to pay high deductible claims out of pocket?
  • Where can I find DUI or SR-22 insurance?
  • Should I sign the liability waiver when renting a car?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form.

Learn about insurance coverages for a 1993 Mercury Cougar

Having a good grasp of insurance aids in choosing which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Liability insurance

Liability coverage protects you from damage or injury you incur to people or other property. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like bail bonds, structural damage and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.

Medical payments and PIP coverage

Med pay and PIP coverage pay for expenses for things like X-ray expenses, pain medications and nursing services. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage

This covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, damage from a tornado or hurricane and hitting a bird. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision coverage

This pays to fix your vehicle from damage caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as sustaining damage from a pot hole, crashing into a ditch, hitting a mailbox and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Be a money saver!

Consumers change insurance companies for many reasons like an unsatisfactory settlement offer, unfair underwriting practices, lack of trust in their agent or being labeled a high risk driver. It doesn’t matter why you want to switch switching companies is not as difficult as it may seem.

We just showed you a lot of techniques to shop for 1993 Mercury Cougar insurance online. The key thing to remember is the more quotes you get, the higher the chance of saving money. You may even discover the lowest priced insurance coverage comes from a lesser-known regional company.

When trying to cut insurance costs, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where an insured cut comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. The aim is to get the best coverage possible at an affordable rate, not the least amount of coverage.

Much more information about insurance coverage can be found on the following sites: