2006 Mercury Monterey Insurance Cost – 9 Policy Discounts

Finding cheaper insurance for a Mercury Monterey can turn out to be difficult, but you can learn the following methods to make it easier.

There are both good and bad ways to find insurance coverage online and we’ll show you the absolute fastest way to quote coverages on a Mercury and obtain the cheapest rates either online or from local insurance agents.

Save a ton by taking advantage of these nine discounts

Auto insurance companies do not list all available discounts in a way that’s easy to find, so we researched both well-publicized and also the lesser-known credits available to lower your premiums when you buy auto insurance online.

  • Theft Deterent – Cars optioned with advanced anti-theft systems prevent vehicle theft and that can save you a little bit as well.
  • E-sign Discounts – A few larger online companies will give you a small discount shop auto insurance on the internet.
  • Own a Home and Save – Owning a house may trigger a policy discount on insurance coverage because owning a home shows financial diligence.
  • Bundle and Save – If you combine your home and auto policies and insure them both with the same insurance company you may earn nearly 15% which can help you find affordable auto insurance.
  • Save with a New Car – Buying a new car instead of a used car can cost up to 25% less due to better safety requirements for newer vehicles.
  • Life Insurance Discount – Select insurance coverage companies reward you with a small discount if you purchase a life policy as well.
  • Anti-lock Brake Discount – Cars and trucks with anti-lock braking systems have fewer accidents so companies give up to a 10% discount.
  • Accident Forgiveness – This one is not really a discount per se, but a few companies such as Allstate and Progressive will allow you to have one accident before hitting you with a surcharge with the catch being you have to be claim-free for a particular time prior to the accident.
  • Telematics Devices – Drivers who agree to allow driving data submission to analyze driving habits by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates if they have good driving habits.

As is typical with insurance, some of the credits will not apply to the entire cost. Most only cut specific coverage prices like collision or personal injury protection. So when it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

Popular insurance coverage companies and a partial list of their discounts are outlined below.

  • GEICO includes discounts for defensive driver, air bags, membership and employees, driver training, seat belt use, military active duty, and multi-policy.
  • Mercury Insurance offers discounts for good student, multi-policy, professional/association, anti-theft, multi-car, and ease of repair.
  • Farmers Insurance may offer discounts for business and professional, bundle discounts, distant student, switch companies, youthful driver, and alternative fuel.
  • Auto-Owners Insurance has savings for student away at school, safe driver, air bags, good student, multiple vehicles, company car, and teen driver.
  • Liberty Mutual may have discounts that include new graduate, multi-policy, newly retired, newly married, and new vehicle discount.
  • SAFECO has discounts for homeowner, safe driver, anti-theft, drive less, and anti-lock brakes.
  • Progressive offers discounts including multi-vehicle, good student, homeowner, online quote discount, multi-policy, continuous coverage, and online signing.
  • USAA offers premium reductions for multi-vehicle, loyalty savings, new vehicle, driver training, vehicle storage, and defensive driver.

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Discounts might not apply in your area. To find insurers that can offer you the previously mentioned discounts, click here.

The best way we recommend to compare rates is to know the trick most insurance companies provide online access to compare rate quotes. The one thing you need to do is provide a little information like if a SR-22 is needed, whether you are single or married, how much school you completed, and what you do for a living. Your rating data is automatically sent to insurance carriers in your area and you get price estimates quickly.

To find the cheapest 2006 Mercury Monterey insurance rates, click here and see if a lower rate is available.

How much car insurance do I need?

When it comes to buying coverage, there really is not a “best” method to buy coverage. Every situation is different.

Here are some questions about coverages that can help discover if your situation would benefit from professional advice.

  • Do I have any recourse if my insurance company denies a claim?
  • Do I have coverage when making deliveries for my home business?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Should I have combined single limit or split liability limits?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Does my insurance cover a custom paint job?
  • What is roadside assistance coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • How can I find cheaper teen driver insurance?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and you can get the answers you need.

Brand name doesn’t guarantee savings

Consumers can’t ignore all the ads that claim the cheapest car insurance rates by companies like State Farm and Allstate. They all seem to advertise the message about savings if you just switch your coverage to them.

How does every insurance company charge less that you’re paying now? This is the way they can do it.

Insurance companies look for specific characteristics for the type of customer that will not have excessive claims. An example of this type of risk profile might be described as over the age of 35, has few claims, and drives a car with an anti-theft system. Anyone who matches those parameters will probably get cheap car insurance rates and will also save if they switch.

Potential insureds who cannot meet the “perfect” profile will probably have to pay higher rates which translates to the customer buying from someone else. If you pay close attention to the ads, they say “customers that switch” not “everyone that quotes” save money. That is how insurance companies can advertise the savings.

Each company has different criteria, so you need to compare rate quotes every year. It is impossible to guess which company will fit you best based on your risk profile.

Insurance coverage considerations

Having a good grasp of a insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Liability auto insurance – This provides protection from damages or injuries you inflict on other people or property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use a combined limit which provides one coverage limit without having the split limit caps.

Liability can pay for things such as legal defense fees, bail bonds, repair costs for stationary objects, emergency aid and medical services. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Collision – This covers damage to your Monterey caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like backing into a parked car, hitting a parking meter, damaging your car on a curb and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for immediate expenses like chiropractic care, EMT expenses, rehabilitation expenses and prosthetic devices. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Comprehensive insurance – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as damage from a tornado or hurricane, vandalism, damage from flooding and fire damage. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your 2006 Mercury Monterey.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Frequently these limits are set the same as your liablity limits.

Have money to burn

Consumers change insurance companies for many reasons like poor customer service, high rates after DUI convictions, policy non-renewal or even unfair underwriting practices. Whatever your reason, choosing a new insurance company can be easier than you think.

When shopping online for insurance, never skimp on coverage in order to save money. There have been many situations where an accident victim reduced liability limits or collision coverage and found out when filing a claim that the small savings ended up costing them much more. Your goal should be to buy a smart amount of coverage at the best cost, but do not skimp to save money.

A few companies do not provide rate quotes online and these regional insurance providers provide coverage only through local independent agencies. Cheap 2006 Mercury Monterey insurance is attainable both online in addition to many insurance agents, and you need to price shop both to have the best selection.

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