Car Insurance Rates for a Ford Taurus in Madison

It’s hard to fathom, but almost 70% of insureds in Wisconsin have stayed with the same insurance company for at least the last four years, and approximately 40% of consumers have never even compared rates from other companies. Many drivers in America could save approximately $859 every year by just comparing quotes, but they just assume it takes a lot of time to compare rates online.

The best way we recommend to get affordable Ford Taurus insurance in Madison is to start doing an annual price comparison from different companies that sell auto insurance in Wisconsin.

• First, it will benefit you to learn about how your policy works and the measures you can take to prevent expensive coverage. Many things that are responsible for high rates like at-fault accidents, speeding tickets, and an unacceptable credit history can be remedied by being financially responsible and driving safely.
• Second, quote rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can provide rates from one company like Progressive or Allstate, while independent agencies can quote prices from multiple sources. Find a Madison insurance agent
• Third, compare the new rate quotes to the premium of your current policy to determine if switching companies saves money. If you find better rates, make sure there is no coverage gap between policies.
• Fourth, notify your current company of your intention to cancel your current coverage and submit a completed application and payment to your new insurance company. Make sure you place your new certificate of insurance along with your vehicle registration.

The most important part of shopping around is that you use similar coverage information on every quote request and and to look at every insurance company. This guarantees an apples-to-apples comparison and a good representation of prices.

Companies offering Ford Taurus insurance in Wisconsin

The auto insurance companies shown below are ready to provide comparison quotes in Wisconsin. In order to find the best cheap auto insurance in Madison, we suggest you visit as many as you can to find the most affordable auto insurance rates.

Coverage statistics and figures

The rate table shown next highlights detailed analysis of insurance rates for Ford Taurus models. Having a good grasp of how car insurance prices are formulated can help you make smart choices when purchasing an insurance policy.

Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price information does not factor in specific location information which can affect rates noticeably.

Raise deductibles and save

The hardest decision when buying coverage is how high should your deductibles be. The rates below may help to illustrate the costs and benefits between high and low physical damage deductibles. The first data table uses a $250 deductible for comp and collision and the second rate table uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Price estimates do not factor in garaging location in Madison which can decrease or increase coverage rates greatly.

Based on the above data, using a $250 deductible would cost the average driver about $20 more each month or $240 for a full year than requesting the higher $1,000 deductible. Because you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to have more than 38 months between claims, you would probably save some money if you choose a higher deductible.

One thing to note is that raising deductibles means you will have to pay more at claim time. You must have access to more funds in the event you have to pay the deductible to have repairs made.

The illustration below illustrates how your deductible choice and can impact Ford Taurus premium costs for each different age group. Data assumes a married female driver, comp and collision included, and no discounts are taken into consideration.

Lower-cost Ford Taurus insurance quotes in Madison

Companies do not advertise every discount available very clearly, so the list below details a few of the more common and also the lesser-known discounts that you can inquire about if you buy Madison car insurance online.

• College Student – College-age children who live away from home to go to college and do not have access to a covered vehicle may be insured at a cheaper rate.
• Passenger Safety Discount – Cars that have air bags or automatic seat belts could see savings of more than 20%.
• Claim-Free Discount – Drivers with accident-free driving histories can earn big discounts when compared to insureds who have frequent claims or accidents.
• Bundled Policy Discount – If you insure your home and vehicles with one company they may give you a discount of up to 20% off your total Taurus insurance premium.
• Memberships – Belonging to qualifying employment or professional organizations could earn you a nice discount on your bill.
• Safe Driver Discounts – Safe drivers may receive a discount up to 45% than drivers with accidents.
• Payment Method – By paying your entire bill at once rather than paying monthly you may have a lower total premium amount.

You should keep in mind that some of the credits will not apply to your bottom line cost. Some only apply to the cost of specific coverages such as medical payments or collision. Even though it may seem like you can get free auto insurance, company stockholders wouldn’t be very happy. Any qualifying discounts will definitely reduce the cost of your policy.

The chart below shows the comparison of Ford Taurus car insurance costs with and without discounts applied to the policy premium. The premiums are based on a male driver, no claims or driving citations, Wisconsin state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, homeowner, claim-free, and safe-driver discounts applied.

Some of the insurance companies who might offer these money-saving discounts include:

• 21st Century
• Progressive
• State Farm
• Nationwide
• Esurance
• The Hartford

When comparing rates, check with each insurance company which discounts you qualify for. Discounts may not apply to policies in your state. To locate providers offering insurance discounts in Madison, follow this link.

Local neighborhood agents and car insurance

Some people just prefer to sit down with an agent and that can be a smart move Licensed agents are highly skilled in risk management and help submit paperwork. A nice benefit of price shopping on the web is that you can obtain cheap rate quotes and still have a local agent. And supporting local agencies is important particularly in Madison.

To find an agent, once you fill out this short form, the quote information is instantly submitted to companies in Madison who will give you quotes to get your business. You don’t have to find an agent on your own because prices are sent to you directly. In the event you want to quote rates for a specific company, you would need to jump over to their website and complete a quote there.

Types of auto insurance agents in Madison

When finding a reliable insurance agency, you need to know there are two types of agencies that you can select. Agents can be described as either independent agents or exclusive agents. Both types can sell car insurance policies, but it’s important to point out why they differ since it could factor into your agent selection.

Independent Car Insurance Agencies or Brokers

These type of agents do not sell for just one brand and that allows them to write policies amongst many companies and find the cheapest car insurance rates. If they find a lower price, the business is moved internally and you don’t have to find a new agent. If you are comparing rate quotes, you absolutely need to include rate quotes from a few independent agents in order to have the best price comparison.

The following are independent insurance agents in Madison who can help you get free price quotes.

More insurance agents

Exclusive Agents

Exclusive agents can only provide one company’s prices and some examples include State Farm, AAA, and Liberty Mutual. They are unable to give you multiple price quotes so you might not find the best rates. These agents are well schooled in insurance sales and that allows them to sell at a higher price point.

The following are exclusive insurance agents in Madison that are able to give comparison quotes.

More insurance agents

Picking an auto insurance agent needs to be determined by more than just the premium amount. The questions below may impact your decision as well.

• Do they get paid more for recommending certain coverages?
• Where would glass claims be handled in Madison?
• How will an accident affect your rates?
• Where are claims handled?
• Does the company allow you to choose your own collision repair facility?
• Do they have any clout with companies to ensure a fair claim settlement?

The most affordable rates come from being thorough

As you restructure your insurance plan, do not sacrifice coverage to reduce premiums. In many cases, an insured cut liability coverage limits and found out when filing a claim that the small savings ended up costing them much more. Your goal is to purchase a proper amount of coverage at the best price while still protecting your assets.

Low-cost Ford Taurus insurance in Madison can be sourced from both online companies and from local agencies, so you should be comparing quotes from both so you have a total pricing picture. A few companies do not offer the ability to get quotes online and usually these regional carriers only sell coverage through local independent agents.

We’ve covered quite a bit of information on how to lower your Ford Taurus insurance rates in Madison. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. Consumers may even find the best rates are with some of the lesser-known companies. Smaller companies may often insure only within specific states and give better rates compared to the large companies like GEICO and State Farm.

More information is available below:

• Coverage Information (Progressive Insurance)
• Who Has the Cheapest Auto Insurance Quotes for a Subaru Outback in Madison? (FAQ)
• Who Has Affordable Madison Auto Insurance for a Toyota RAV4? (FAQ)
• Choosing an Insurance Company (Insurance Information Institute)
• Side Impact Crash Tests (iihs.org)