It’s amazing but nearly 70% of consumers have purchased from the same company for four years or more, and nearly half have never compared insurance rates at all. The average driver in Dallas can save hundreds of dollars each year by just shopping around, but they think it’s difficult to compare rate quotes online.
If saving money is your primary concern, then the best way to find better pricing on Mercury Mountaineer insurance is to start comparing rates regularly from providers that insure vehicles in Dallas.
Step 1: Spend some time learning about auto insurance and the changes you can make to keep rates down. Many policy risk factors that result in higher prices like getting speeding tickets and poor credit rating can be controlled by making small lifestyle or driving habit changes. This article gives additional tips to prevent high prices and find hidden discounts.
Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from one company like GEICO or Farmers Insurance, while agents who are independent can provide prices from multiple companies. Select a company
Step 3: Compare the price quotes to the price on your current policy to determine if you can save on Mountaineer insurance in Dallas. If you find a lower rate and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Step 4: Provide adequate notice to your current company of your intention to cancel your current policy. Submit the completed application along with a down payment for your new coverage. Once received, put the proof of insurance certificate along with the vehicle’s registration papers.
One key aspect when comparing rates is to compare the same liability limits and deductibles on each quote request and and to analyze as many auto insurance providers as possible. Doing this enables a fair price comparison and a complete price analysis.
If you already have coverage or are shopping for new coverage, you can use these tips to find the best rates while maximizing coverage. Buying affordable car insurance in Dallas is actually very simple if you learn how to start. Vehicle owners just need to learn the proper way to shop their coverage around from many companies at once.
Finding a lower price on Mercury Mountaineer insurance is not rocket science. The only requirement is to take time comparing rate quotes provided by online insurance companies.
Comparing quotes online is fast and free, and it makes it a waste of time to spend time driving to insurance agencies in your area. Shopping for car insurance online makes this process obsolete unless you have a need for the trained advice that you can only get from talking to an agent. Some companies do allow you to compare online quotes but still have the advice of a local agent.
The auto insurance companies shown below have been selected to offer free rate quotes in Texas. If multiple companies are listed, it’s a good idea that you click on several of them in order to get a fair rate comparison.
Auto insurance statistics and figures
The coverage information shown next covers estimates of insurance costs for Mercury Mountaineer models. Having a good grasp of how premiums are figured is important for making decisions on which insurance to purchase.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Mountaineer Premier 2WD||$176||$360||$400||$24||$120||$1,080||$90|
|Mountaineer Premier AWD||$176||$360||$400||$24||$120||$1,080||$90|
|Get Your Own Custom Quote Go|
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Premium amounts do not factor in Dallas location which can affect prices significantly.
The chart below highlights how deductible selection and can increase or decrease Mercury Mountaineer insurance premiums for each age group. The data is based on a single female driver, comp and collision included, and no discounts are applied to the premium.
Liability only or full coverage
The information below compares Mercury Mountaineer insurance premiums when comparing full coverage to liability only. Data assumes no claims, a clean driving record, $100 deductibles, single marital status, and no other discounts are factored in.
Are you wasting money paying for full coverage?
There is no definitive formula to exclude comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of coverage is more than 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your Mercury Mountaineer book value is $6,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $5,000 after paying your policy deductible. If you are currently paying more than $500 annually for physical damage coverage, then you may need to consider dropping full coverage.
There are some circumstances where only buying liability is not recommended. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not remove full coverage.
Protect more than your Mercury vehicle
Despite the high cost, maintaining insurance serves several important purposes.
- The majority of states have minimum liability requirements which means state laws require a minimum amount of liability coverage in order to drive the car. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a loan on your vehicle, most banks will make it mandatory that you buy insurance to guarantee payment of the loan. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Mercury at a significantly higher premium and make you pay the higher price.
- Auto insurance protects your vehicle and your assets. It will also cover most medical and hospital costs for not only you but also any passengers injured in an accident. Liability insurance will also pay attorney fees if you are sued as the result of your driving. If you have damage to your Mercury as the result of the weather or an accident, your policy will pay to repair the damage minus the deductible amount.
The benefits of insuring your Mountaineer definitely exceed the price paid, specifically if you ever have a liability claim. The average driver in America overpays more than $820 a year so you should quote rates at every renewal to ensure rates are competitive.
Mercury Mountaineer Insurance Rate Factors
Many factors are used in the calculation when premium rates are determined. A few of the factors are predictable such as traffic violations, but some are more transparent such as your marital status or your commute time.
High premiums for youthful drivers – Older insureds are more responsible, are lower risk to insure, and usually have better credit. Teenage drivers are statistically proven to be less responsible when driving so car insurance rates are higher.
The next chart uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.
Car and home together may be cheaper – Most car insurance companies allow a discount to customers that buy multiple policies such as combining an auto and homeowners policy. Discounts can add up to ten or even fifteen percent. Even if you qualify for this discount already, drivers will still want to compare other Dallas Mountaineer insurance rates to help ensure you have the lowest rates.
Marriage is a bonus – Getting married helps lower the price when buying car insurance. Having a spouse translates into being more mature than a single person and statistics show married drivers get in fewer accidents.
Claim-free discounts can add up – If you tend to file frequent claims, don’t be surprised to see either a policy non-renewal or much higher rates. Companies in Texas give better rates to people who are not frequent claim filers. Insurance coverage is intended to be relied upon for the large, substantial claims.
Cautious drivers have lower rates – Getting just one speeding ticket or other violation may cause rates to rise by twenty percent. Careful drivers have lower premiums compared to drivers with tickets. People who have dangerous tickets like DUI or willful reckless driving are required to prove financial responsibility with their state’s licensing department in order to legally drive a vehicle.
The illustration below highlights how speeding tickets and at-fault fender-benders drive up Mercury Mountaineer annual premium costs for each age group. The data is based on a married male driver, full coverage, $250 deductibles, and no discounts are taken into consideration.
High credit means lower prices – An insured’s credit history is likely to be a major factor in determining what you pay. If your credit history can be improved, you could be paying less to insure your Mercury Mountaineer by taking the time to improve your credit score. Insureds that have high credit ratings tend to file fewer claims and have better driving records as compared to drivers with worse credit.
Theft deterrents systems cut premiums – Choosing to buy a car with a theft deterrent system can save you a little every year. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your vehicle from being stolen.
Pay more of a claim out-of-pocket – Deductibles for physical damage define the amount you are required to spend out-of-pocket if you file a covered claim. Physical damage protection, aka comp and collision, covers damage that occurs to your car. Some examples of covered claims would be collision with another vehicle, collision with a deer, and having a roll-over accident. The more expense you pay before a claim is paid (deductible), the lower your rates will be.
Insurance agents can help
When quoting and choosing a policy for your vehicles, there really is not a single plan that fits everyone. Every insured’s situation is different.
For example, these questions could help you determine whether your personal situation might need an agent’s assistance.
- Am I insured when driving a different vehicle?
- Can my teen driver be rated on a liability-only vehicle?
- Am I covered when driving a rental car?
- I have good health insurance, so how much medical payments coverage do I need?
- Who is covered when they drive my Mercury Mountaineer?
- Should I file a claim if it’s only slightly more than my deductible?
- At what point should I drop full coverage?
- Do I pay less for low miles?
- Do I really need UM/UIM coverage?
- Is my Mercury Mountaineer covered if I use it for business?
If you can’t answer these questions but one or more may apply to you then you might want to talk to an agent. To find an agent in your area, simply complete this short form. It is quick, free and can help protect your family.
Consumers switch companies for a variety of reasons including poor customer service, denial of a claim, unfair underwriting practices and even not issuing a premium refund. It doesn’t matter why you want to switch finding a great new company is pretty easy and you might even save some money in the process.
Cheaper auto insurance in Dallas can be purchased on the web as well as from insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies do not offer price quotes online and many times these smaller companies only sell through independent agents.
When shopping online for auto insurance, make sure you don’t buy less coverage just to save a little money. In many cases, an insured dropped liability limits or collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at a price you can afford, but do not skimp to save money.
- Winter Driving (Insurance Information Institute)
- How Much are Dallas Auto Insurance Quotes for a Toyota Corolla? (FAQ)
- How Much is Dallas Auto Insurance for a GMC Sierra? (FAQ)
- Drunk Driving Statistics (Insurance Information Institute)
- Insurance Losses by Make and Model (iihs.org)
- Where can I buy Insurance? (Insurance Information Institute)