Cheap Insurance for a Mercury Mountaineer in Madison

Insurance rates Mercury Mountaineer in MadisonAmazingly, a recent study showed that the vast majority of drivers renewed their policy with the same company for over three years, and nearly the majority have never compared rate quotes at all. With the average premium in America being $1,847, drivers could cut their rates by 46.5% a year, but they just don’t understand the benefits if they switched to a cheaper policy.

It takes a little time, but the best way to find low-cost Mercury Mountaineer insurance in Madison is to make a habit of comparing prices annually from companies who provide car insurance in Wisconsin. Rates can be compared by following these steps.

Step 1: Spend a few minutes and learn about car insurance and the steps you can take to prevent rate increases. Many factors that result in higher prices such as at-fault accidents and an imperfect credit rating can be improved by making lifestyle changes or driving safer. This article provides more information to prevent high rates and get additional discounts.

Step 2: Obtain price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from a single company like Progressive or Allstate, while independent agents can quote prices for many different companies. View prices

Step 3: Compare the quotes to your current policy premium to see if you can save by switching companies. If you find a lower rate, make sure there is no lapse in coverage.

A good tip to remember is that you’ll want to compare identical limits and deductibles on every price quote and to quote with every company you can. Doing this guarantees a level playing field and the best price selection.

Compare Madison Mercury Mountaineer insurance quotes online

When comparing auto insurance rates, know that comparing more rates from different companies gives you a better chance of getting more affordable insurance.

The companies in the list below provide comparison quotes in Wisconsin. To buy the cheapest car insurance in Madison, we suggest you get rates from several of them in order to get a fair rate comparison.

Discounts can help to save on Mercury Mountaineer insurance in Madison

Properly insuring your vehicles can get expensive, but there are discounts available to help bring down the price. Many of these discounts will be applied automatically at the time you complete a quote, but occasionally some discounts must be asked about before being credited.Save money with discounts

Policy discounts save money, but most discounts do not apply to the whole policy. Some only apply to specific coverage prices like comp or med pay. So even though they make it sound like you could get a free auto insurance policy, nobody gets a free ride.

The diagram below visualizes the comparison of Mercury Mountaineer annual premium costs with and without discounts being applied to the rates. Data assumes a male driver, no claims or driving violations, Wisconsin state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, claim-free, multi-policy, and multi-car discounts applied.

If you would like to view providers that can offer you the previously mentioned discounts in Wisconsin, click here to view.

Rate information and statistics

The premium table displayed below outlines different insurance rates for Mercury Mountaineer models. Learning how rates are figured can help you make smart choices when selecting a policy.

Mercury Mountaineer Insurance Rates in Madison, WI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Mountaineer 2WD $152 $308 $260 $16 $78 $814 $68
Mountaineer AWD $172 $308 $260 $16 $78 $834 $70
Mountaineer Premier 2WD $172 $364 $260 $16 $78 $890 $74
Mountaineer Premier AWD $172 $364 $260 $16 $78 $890 $74
Get Your Own Custom Quote Go

Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Estimates do not factor in the specific area where the vehicle is garaged which can increase or decrease coverage prices greatly.

Raise deductibles and save

One of the hardest decisions when shopping for insurance is which deductible level should you buy. The following insurance rates may help to illustrate the rate difference when you buy lower versus higher comp and collision deductibles. The first rate comparisons uses a $100 deductible and the second set of prices uses a $1,000 deductible.

Mercury Mountaineer insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Mountaineer 2WD $198 $358 $230 $14 $68 $893 $74
Mountaineer AWD $224 $358 $230 $14 $68 $919 $77
Mountaineer Premier 2WD $224 $422 $230 $14 $68 $983 $82
Mountaineer Premier AWD $224 $422 $230 $14 $68 $983 $82
Get Your Own Custom Quote Go

Mercury Mountaineer insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Mountaineer 2WD $110 $188 $230 $14 $68 $610 $51
Mountaineer AWD $124 $188 $230 $14 $68 $624 $52
Mountaineer Premier 2WD $124 $222 $230 $14 $68 $658 $55
Mountaineer Premier AWD $124 $222 $230 $14 $68 $658 $55
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Rates do not factor in Madison location which can impact prices noticeably.

Based on the figures above, using a $100 deductible costs about $26 more each month or $312 a year than requesting the higher $1,000 deductible. Since you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at a minimum 35 months between claims, you would probably save some money if you choose a higher deductible.

Impact of age and gender on insurance rates

The diagram below illustrates the difference between Mercury Mountaineer auto insurance costs for male and female drivers. The costs are based on no claims or driving violations, comprehensive and collision coverage, $100 deductibles, single marital status, and no other discounts are factored in.

Do you need full coverage?

The information below visualizes the comparison of Mercury Mountaineer insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Wisconsin. The data assumes no violations or claims, $100 deductibles, marital status is single, and no additional discounts are factored in.

Should you buy full coverage or liability only?

There is no definitive guideline of when to eliminate full coverage, but there is a general convention. If the yearly cost of comp and collision coverage is more than around 10% of the settlement you would receive from your company, then it could be time to drop full coverage.

For example, let’s assume your Mercury Mountaineer claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $8,000 after you pay the deductible. If it’s costing in excess of $800 a year to have full coverage, then it may be the right time to buy liability only.

There are some scenarios where removing full coverage is not recommended. If you haven’t satisfied your loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should maintain full coverage.

Independent and exclusive insurance agents

A small number of people would prefer to talk to a local agent and that is a personal choice. The best thing about comparing insurance prices online is that drivers can save money and get lower prices but still work with a licensed agent. Buying insurance from small agencies is definitely important in Madison.

Upon completion of this simple form, the coverage information is sent to insurance agents in Madison that give free quotes for your coverage. You don’t have to do any legwork because quoted prices will be sent immediately to your email address. It’s the lowest rates AND an agent nearby. If you have a need to compare prices from a specific insurance provider, just find their quoting web page and submit a quote form there.

If you’re trying to find a local agent, you need to know there are two different types of agencies that you can choose from. Madison agents are either exclusive or independent (non-exclusive).

Independent Agents

Independent insurance agents do not sell for just one brand so they can quote policies through many different insurance companies and possibly get better coverage at lower prices. If you are not satisfied with one company, they can switch companies in-house which is easy for the insured.

If you are comparing insurance prices, you definitely need to compare prices from independent agents for maximum quote selection.

Listed below is a partial list of independent insurance agencies in Madison that may be able to give you free rate quotes.

1310 Mendota St # 108Madison, WI 53714(608) 241-4136View Map

3830 Atwood AveMadison, WI 53714(608) 273-3361View Map

2045 Atwood Ave #113AMadison, WI 53704(608) 251-3009View Map

View more Madison agents

Exclusive Insurance Agents

Agents that choose to be exclusive generally can only insure with one company like Farmers Insurance and State Farm. These agents are unable to give you multiple price quotes so they have no alternatives for high prices. Exclusive agents are highly trained in insurance sales and that enables them to sell even at higher rates.

The following are Madison exclusive insurance agents that can give you comparison quotes.

2110 N Sherman AveMadison, WI 53704(608) 661-5700View Map

425 Grand Canyon DrMadison, WI 53719(608) 833-9000View Map

712 S Gammon RdMadison, WI 53719(608) 274-4147View Map

View more Madison agents

Finding a good car insurance agent requires you to look at more than just a cheap price quote. The questions below may impact your decision as well.

Find Lower-cost Car Insurance with These Tips

One of the most helpful ways to save on car insurance is to to have a grasp of a few of the rating criteria that help determine the level of your policy premiums. If you know what controls the rates you pay, this empowers consumers to make smart changes that may reward you with better car insurance rates.

The factors shown below are some of the major factors used by your company to calculate rates.

Why insurance is not optional

Despite the fact that insurance is not cheap in Madison, maintaining insurance is not optional due to several reasons.

First, most states have compulsory liability insurance requirements which means the state requires a specific minimum amount of liability coverage if you don’t want to risk a ticket. In Wisconsin these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your car, it’s guaranteed your bank will have a requirement that you have insurance to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the bank may buy a policy for your Mercury at an extremely high rate and require you to reimburse them much more than you were paying before.

Third, insurance safeguards your vehicle and your assets. It will also reimburse you for all forms of medical expenses that are the result of an accident. Liability insurance will also pay attorney fees if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.

The benefits of buying enough insurance are definitely more than the cost, especially with large liability claims. But the average driver in Wisconsin is overpaying more than $820 a year so it’s important to compare rates once a year at a minimum to help ensure money is not being wasted.

In the end, you can save money

You just read many ways to save on Mercury Mountaineer insurance in Madison. The most important thing to understand is the more quotes you get, the better likelihood of getting inexpensive Madison car insurance quotes. Consumers could even find that the lowest rates come from a company that doesn’t do a lot of advertising. Smaller companies may often insure only within specific states and give better rates than their larger competitors like Allstate and Progressive.

Cost effective Mercury Mountaineer insurance is definitely available on the web as well as from insurance agents, so you need to shop Madison car insurance with both in order to have the best chance of saving money. Some insurance providers do not offer internet price quotes and usually these regional carriers work with independent agents.

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