Auto Insurance Rate Quotes for a Ford Taurus in Cleveland

Insurance rates Ford Taurus in ClevelandIf you want to save the most money, the best way to get affordable Ford Taurus insurance is to compare quotes once a year from providers who provide auto insurance in Cleveland. You can compare rates by completing these steps.

  1. Take a little time to learn about how companies price auto insurance and the measures you can control to prevent expensive coverage. Many rating factors that result in higher rates like traffic tickets, fender benders, and your credit history can be improved by making minor changes in your lifestyle.
  2. Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from one company like Progressive and State Farm, while independent agencies can quote prices from multiple insurance companies.
  3. Compare the price quotes to your current policy to see if a cheaper rate is available. If you can save money and change companies, make sure there is no lapse between the expiration of your current policy and the new one.

A good piece of advice is to try to use similar limits and deductibles on every price quote and to quote with as many car insurance companies as possible. Doing this guarantees a level playing field and the most accurate and complete price analysis.

We don’t have to point out that fact that insurance companies don’t want you comparing rates. Consumers who shop around for a cheaper policy will presumably switch companies because of the good chance of finding coverage at a cheaper rate. A recent study showed that people who regularly compared rates saved over $860 a year compared to those who never shopped around for cheaper prices.

If finding the cheapest price for insurance is your objective, understanding how to get price quotes and compare insurance rates can make it easier to find better rates.

If you’re already insured or need a new policy, use these cost-cutting techniques to find better prices without sacrificing coverage. Choosing the best rates in Cleveland seems hard but is not really that difficult. Vehicle owners just need to know the tricks to get comparison rates from many different companies.

Find Ford Taurus Insurance for Less

Many things are considered when premium rates are determined. A few of the factors are predictable like your driving record, but some are not as apparent such as whether you are married and annual miles driven. Smart consumers have a good feel for some of the elements that play a part in calculating your car insurance rates. If you have a feel for what determines premiums, this allows you to make good choices that will entitle you to cheaper rates.

Shown below are some of the items utilized by car insurance companies to help set your premiums.

Men tend to take more risk – Over time, data shows women are more cautious behind the wheel. That doesn’t necessarily mean that women are better drivers. Both genders get in accidents at about the same rate, but the male of the species tend to have more serious accidents. Men also get cited for more serious violations such as DWI and reckless driving.

The diagram below compares Ford Taurus car insurance costs for male and female drivers. The rates are based on no accidents or driving violations, comprehensive and collision coverage, $500 deductibles, marital status is single, and no additional discounts are factored in.

City dwellers may pay more – Being located in less populated areas can save you money when buying car insurance. Fewer drivers on the road means a lower chance of having an accident. People in densely populated areas have traffic congestion and longer commutes to work. More time behind the wheel means more chance of being in an accident.

Don’t abuse car insurance claims – If you tend to file frequent claims, you can definitely plan on increased rates or even have your policy non-renewed. Car insurance companies in Ohio give most affordable rates to insureds who do not rely on their insurance for small claims. Your car insurance is meant to be used in the event of major claims that would cause financial hardship.

Vehicle options can affect premiums – Owning a car with anti-theft technology or alarm system can save you some money. Theft deterrent systems such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent auto theft and help lower rates.

Ford Taurus claim statistics – Car insurance companies analyze historical claim data as a tool for profitable underwriting. Models that statistically have increased losses will have higher rates for specific coverages. The data below shows the historical insurance loss data for Ford Taurus vehicles.

For each coverage category, the statistical loss for all vehicles combined as an average is a value of 100. Values that are below 100 suggest a positive loss record, while percentage numbers above 100 point to more claims or statistically larger claims.

Ford Taurus Insurance Loss Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Taurus 2WD 109 88 134 115 115 101
Ford Taurus 4WD 120 78 141 124
Ford Taurus SHO 4WD 143 96 185 84 103

Empty fields indicate not enough data collected
Statistics from for 2013-2015 Model Years

Analysis of coverages

The premium table displayed next highlights a range of rate quotes for Ford Taurus models. Having a good grasp of how policy premiums are established can help drivers make decisions when shopping your coverage around.

Ford Taurus Insurance Rates in Cleveland, OH
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $118 $210 $296 $18 $88 $730 $61
Taurus SEL $130 $248 $296 $18 $88 $780 $65
Taurus SEL AWD $130 $248 $296 $18 $88 $780 $65
Taurus Limited $130 $248 $296 $18 $88 $780 $65
Taurus Limited AWD $130 $284 $296 $18 $88 $816 $68
Taurus SHO AWD $144 $284 $296 $18 $88 $830 $69
Get Your Own Custom Quote Go

Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Premium costs do not factor in specific location which can revise coverage rates greatly.

Full coverage versus liability only rates

The illustration below shows the difference between Ford Taurus insurance rates with liability coverage only compared to full coverage. Data assumes no tickets, no at-fault accidents, $1,000 deductibles, single marital status, and no discounts are applied.

Should you buy full coverage or liability only?

There is no definitive formula to stop paying for full coverage, but there is a general school of thought. If the yearly cost of full coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to buy liability only.

For example, let’s assume your Ford Taurus book value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $5,000 after the policy deductible has been paid. If it’s costing you more than $500 a year for full coverage, then you might want to think about dropping full coverage.

There are some cases where eliminating full coverage is not recommended. If you still owe money on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not buy liability only.

Earn discounts to get lower-cost Cleveland auto insurance rates

Not many people think insurance is cheap, but there could be significant discounts that you may not even be aware of. Some trigger automatically at the time you complete a quote, but less common discounts must be specially asked for before being credited.Save money with discounts

Consumers should know that most discounts do not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like you could get a free auto insurance policy, you’re out of luck. Any amount of discount should definitely cut your policy premiums.

The information below visualizes the comparison of Ford Taurus insurance premiums with and without discounts. The data assumes a male driver, no violations or accidents, Ohio state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-policy, multi-car, claim-free, and safe-driver discounts applied.

A few companies that have most of these discounts include:

Double check with every insurance company which discounts they offer. Some of the earlier mentioned discounts might not be offered on policies in Cleveland. To see a list of auto insurance companies with significant discounts in Ohio, click this link.

More quotes mean more insurance savings

As you prepare to switch companies, do not skimp on critical coverages to save a buck or two. There have been many cases where an insured dropped physical damage coverage only to find out they didn’t purchase enough coverage. Your aim should be to buy enough coverage at the best possible price, not the least amount of coverage.

You just read many tips how you can find affordable Ford Taurus insurance in Cleveland. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers could even find that the lowest premium rates are with an unexpected company. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.

Discount Ford Taurus insurance in Cleveland can be sourced on the web in addition to local insurance agencies, so you should be comparing quotes from both so you have a total pricing picture. A few companies may not provide online quoting and most of the time these regional carriers provide coverage only through independent agencies.

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