Lower Your 2018 Ford Taurus Insurance Rates in 2024

Trying to find better car insurance rates for your Ford Taurus? Purchasing affordable car insurance may seem to be impossible for vehicle owners that are not comfortable with quoting and shopping for insurance over the internet. With so many online companies available, how can you possibly compare the different rates to find the best available rates?

The quickest method to get rate comparisons is to take advantage of the fact most of the bigger providers participate in online systems to quote your coverage. All consumers are required to do is provide the companies a bit of rating information like distance driven, how your vehicles are used, driver ages, and the year, make and model of vehicles. That rating information gets transmitted to all major companies and they provide comparison quotes within a short period of time.

To check rates for your Ford Taurus now, click here and enter your coverage details.

Why your insurance prices might be higher

Lots of factors are used in the calculation when quoting car insurance. Some are pretty understandable such as your driving history, but other factors are less obvious like your vehicle usage or how financially stable you are.

• Continuous coverage saves money – Allowing your auto insurance policy to lapse will be a guaranteed way to drive up your policy premiums. And not only will insurance be more expensive, being ticketed for driving with no insurance could earn you a steep fine or even jail time. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
• Gender is a factor – Over the last 50 years, statistics have shown that women are safer drivers than men. This data doesn’t prove that women are BETTER drivers than men. Men and women get in accidents at a similar rate, but males tend to have more serious accidents. Not only are claims higher, but men receive more costly citations like DWI (DUI) or reckless driving. Youthful male drivers are the most expensive to insure and are penalized with high auto insurance rates.
• The more you drive the more you pay – The higher the miles on your Ford annually the higher your rate. Many insurance companies calculate prices based upon how much you drive. Cars not used for work or commuting receive better premium rates than vehicles that have high annual mileage. An incorrectly rated Taurus is throwing money out the window. It’s a smart idea to ensure your declarations sheet reflects the correct usage for each vehicle.
• Liability preserves assets – Liability insurance will provide protection if you are found to be at fault for an accident. Liability insurance provides legal defense coverage to attempt to prove you were not liable. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Employer stress can affect prices – Do you have a high-stress occupation? Jobs such as military generals, airline pilots and dentists have higher premium rates in part from high stress and long work hours. On the flip side, jobs such as scientists, students and the unemployed receive lower rates on Taurus coverage.
• With age comes lower costs – Older, more experienced drivers tend to be more responsible, file fewer claims . Young drivers have a tendency to be less responsible behind the wheel so they pay higher auto insurance rates.

Save money by taking advantage of discounts

Some insurance providers don’t always list all available discounts in an easy-to-find place, so the below list has both the well known as well as some of the hidden credits available to lower your premiums when you buy insurance online. If you don’t get every credit you deserve, you are paying more than you should be.

• Driving Data Discount – Insureds that choose to allow their company to monitor driving patterns by using a telematics device such as Progressive’s Snapshot could see a rate decrease if they exhibit good driving behavior.
• Professional Memberships – Having an affiliation with a civic or occupational organization is a good way to get lower rates when getting a insurance quote.
• Payment Discounts – By making one initial payment instead of monthly or quarterly installments you can avoid the installment charge.
• Homeowners Pay Less – Just being a homeowner can save you money because of the fact that having a home is proof of financial responsibility.
• Life Insurance Discount – Some insurance companies give a break if you buy life insurance from them.
• Accident Forgiveness – Not a discount per se, but some insurance companies allow you one accident without getting socked with a rate hike with the catch being you have to be claim-free for a set time period.
• Driver’s Ed – It’s a good idea to have your young drivers enroll in driver’s education if offered at their school.
• Anti-lock Brake System – Cars with ABS braking systems or traction control can avoid accidents and therefore earn up to a 10% discount.
• Anti-theft System – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen and will qualify for a discount on a insurance quote.
• Military Discounts – Being on active deployment in the military could qualify you for better insurance rates.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the entire cost. Most only cut the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like all those discounts means the company will pay you, insurance companies aren’t that generous.

If you would like to view companies who offer insurance discounts, enter your zip code here.

How much car insurance do I need?

When buying proper insurance coverage, there isn’t really a single plan that fits everyone. Every situation is different.

Here are some questions about coverages that might help in determining whether you would benefit from professional advice.

• Is a blown tire covered by insurance?
• Will my vehicle be repaired with OEM or aftermarket parts?
• When would I need rental car insurance?
• Is my vehicle covered by my employer’s policy when using it for work?
• Should I have a commercial auto policy?
• Do I need replacement cost coverage on my 2018 Ford Taurus?
• What is PIP insurance?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out your zip code.

Learn about insurance coverages for a Ford Taurus

Understanding the coverages of insurance can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Uninsured and underinsured coverage – This protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Normally these coverages are similar to your liability insurance amounts.

Coverage for medical payments – Med pay and PIP coverage reimburse you for short-term medical expenses for X-ray expenses, dental work, nursing services, doctor visits and surgery. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers you and your occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Coverage for liability – This coverage can cover damage or injury you incur to other’s property or people. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage protects against claims such as bail bonds, medical expenses and emergency aid. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverages – This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as vandalism, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision coverages – Collision coverage will pay to fix damage to your Taurus resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like rolling your car, backing into a parked car and scraping a guard rail. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Save for a rainy day

Insureds switch companies for a variety of reasons including an unsatisfactory settlement offer, lack of trust in their agent, policy cancellation or even unfair underwriting practices. Regardless of your reason, finding a new insurance company is less work than it seems.

As you shop your coverage around, you should never skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped liability coverage limits only to discover later that it was a big mistake. Your objective should be to purchase plenty of coverage at a price you can afford and still be able to protect your assets.

Some insurance companies may not offer price quotes online and many times these small, regional companies provide coverage only through independent insurance agencies. More affordable insurance can be bought from both online companies as well as from independent agents, so you should be comparing quotes from both to have the best rate selection.