2016 Ford Taurus Insurance Rates – 10 Tips for Cheapest Quotes

Searching for the cheapest car insurance rates for your Ford Taurus? Finding low cost premium rates for car insurance is always very difficult for people who are new to quoting coverage prices online. With dozens of insurance companies available, it can quickly become a real difficult job to locate the lowest price.

If you are paying for car insurance now, you will be able to reduce your rates substantially using these techniques. Shopping for more affordable protection is not that difficult. Although car owners should learn the way companies price online insurance.

How to buy insurance coverage

When shopping for affordable insurance quotes, there are a couple of ways to get quotes from all the different companies. The easiest way by far to comparison shop is to use the internet to compare rates. This can be accomplished in a couple minutes as outlined below.

  1. If you are pressed for time, the simplest way to compare a lot of rates at once would be an industry-wide quote request form click here to open form in new window. This type of form keeps you from doing a different quote for each price estimate. Just one form gets rate comparisons from multiple companies. It’s the fastest way to compare.
  2. A more difficult way to get quotes online requires a trip to the website for each individual company and request a quote. For sake of this example, let’s say you want to compare Allstate, Liberty Mutual and Progressive. To do that, you would have to navigate to each company’s site to input your insurance information, which can get old fast. For a list of companies in your area, click here.

It’s up to you how you get prices quotes, just compare equivalent coverage information with every price quote. If you have higher or lower deductibles it will be impossible to truly determine the lowest rate. Even a minor difference in coverage limits could mean much higher rates. It’s important to know that more quotes provides better odds of finding better pricing. Some smaller insurers to not give quotes online, so it’s necessary to compare quotes from the smaller companies as well.

These ten discounts can lower your car insurance quotes

Buying car insurance is not cheap, but you might be missing out on some discounts that many consumers don’t even know exist. Most are applied at the time you complete a quote, but some discounts are required to be asked for before they will apply.

  • Theft Deterent – Cars equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10% off your insurance quote.
  • Discount for Good Grades – A discount for being a good student could provide a savings of up to 20% or more. The discount lasts up to age 25.
  • Resident Student – Kids who are enrolled in higher education away from home and won’t have access to an insured vehicle can receive lower rates.
  • Multi-car Discount – Purchasing coverage when you have multiple cars with the same car insurance company can get a discount on all vehicles.
  • Discounts for Good Drivers – Accident-free drivers could pay up to 40% less on Taurus coverage than less cautious drivers.
  • Early Signing – Some larger companies provide a discount for renewing your policy before your current policy expires. This can save 10% or more.
  • Bundled Policy Discount – If you can combine your homeowners and auto policy and insure them with the same company you may earn nearly 15% which can help you find the cheapest insurance.
  • New Vehicle Savings – Buying coverage on a new vehicle can get you a discount because new vehicles have to meet stringent safety requirements.
  • Payment Discounts – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
  • Mature Driver Discount – Older drivers may receive a slight reduction on a insurance quote on Taurus coverage.

Just know that some credits don’t apply to all coverage premiums. Most cut specific coverage prices like liability and collision coverage. Just because you may think all those discounts means the company will pay you, you aren’t that lucky. But any discount will help lower the amount you have to pay.

The best car insurance companies and some of the discounts are:

  • Progressive may include discounts for homeowner, continuous coverage, multi-vehicle, online quote discount, multi-policy, good student, and online signing.
  • MetLife has savings for defensive driver, good driver, good student, claim-free, accident-free, multi-policy
  • Mercury Insurance may offer discounts for accident-free, age of vehicle, low natural disaster claims, multi-policy, multi-car, and type of vehicle.
  • Nationwide includes discounts for Farm Bureau membership, family plan, good student, accident-free, anti-theft, multi-policy, and business or organization.
  • GEICO policyholders can earn discounts including driver training, military active duty, federal employee, five-year accident-free, and defensive driver.
  • AAA offers discounts for pay-in-full, education and occupation, good driver, good student, multi-policy, multi-car, and AAA membership discount.

If you want low cost insurance quotes, ask each company how many discounts you can get. Some credits might not be offered on policies in your area. To see companies that offer some of these discounts, click here.

Different people need different car insurance coverages

When choosing the right insurance coverage for your vehicles, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs.

These are some specific questions may help you determine whether you might need an agent’s assistance.

  • Do I have coverage when using my vehicle for my home business?
  • How can I get my company to pay me more for my totalled car?
  • Does car insurance cover theft of personal property?
  • If I drive on a suspended license am I covered?
  • How do I insure my teen driver?
  • What is no-fault insurance?
  • Do I need PIP coverage since I have good health insurance?
  • Should I carry comprehensive and collision coverage?
  • Does my medical payments coverage pay my health insurance deductible?
  • What is medical payments coverage?

If you can’t answer these questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form.

Learn about insurance coverages for a Ford Taurus

Understanding the coverages of your policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Auto liability insurance

Liability coverage can cover damage that occurs to other’s property or people by causing an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things like structural damage, repair bills for other people’s vehicles, emergency aid, loss of income and bail bonds. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your 2016 Ford Taurus.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from flooding, hail damage and theft. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as surgery, rehabilitation expenses, dental work and nursing services. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as damaging your car on a curb, crashing into a ditch and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Quote often and quote early

As you prepare to switch companies, it’s very important that you do not sacrifice coverage to reduce premiums. There have been many situations where someone sacrificed collision coverage to discover at claim time that the small savings ended up costing them much more. The ultimate goal is to buy a smart amount of coverage at the best price while not skimping on critical coverages.

More affordable car insurance is available both online in addition to many insurance agents, and you should compare price quotes from both to have the best selection. Some companies don’t offer the ability to get a quote online and usually these smaller companies only sell through local independent agents.

People change insurance companies for any number of reasons including denial of a claim, unfair underwriting practices, policy non-renewal and even an unsatisfactory settlement offer. No matter why you want to switch, finding a great new company is easier than you think.

More detailed car insurance information can be found at these sites: