Compare Ford Taurus Insurance Rates in Raleigh

Discount Ford Taurus insuranceIf saving money is your primary concern, then the best way to quote cheaper auto insurance rates is to start comparing rates regularly from insurers who provide auto insurance in Raleigh. Price quotes can be compared by completing these steps.

First, it will benefit you to learn about how companies price auto insurance and the steps you can take to prevent expensive coverage. Many policy risk factors that cause rate increases like speeding tickets, accidents and poor credit can be controlled by making minor changes to your lifestyle. Keep reading for additional tips to help prevent costly coverage and find possible discounts that are available.

Second, compare rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only quote rates from a single company like Progressive or Allstate, while agents who are independent can provide rate quotes for a wide range of insurance providers. Compare rates

Third, compare the price quotes to your existing coverage to see if a cheaper rate is available. If you can save some money, make sure there is no lapse in coverage.

Fourth, notify your agent or company of your intent to cancel your existing policy and submit the signed application along with the required initial payment for the new coverage. Once the application is submitted, place the new certificate verifying coverage with the vehicle registration.

One thing to point out is to try to use identical coverage information on every quote and and to analyze as many auto insurance providers as possible. This provides a level playing field and the best price quote selection.

It’s hard to believe, but almost 70% of insureds kept their coverage with the same auto insurance company for well over three years, and just under half have never compared quotes from other companies. Drivers in North Carolina could cut their rates by approximately $100 a year, but most undervalue the rate savings if they switched to a more affordable policy.

Companies offering Ford Taurus insurance in North Carolina

The auto insurance companies shown below can provide price comparisons in Raleigh, NC. To locate the best cheap car insurance in Raleigh, we recommend you visit several of them to get the best price comparison.

Statistics and details

The premium table below outlines detailed analysis of coverage costs for Ford Taurus models. Being aware of how insurance policy premiums are figured is important to be able to make informed purchases.

Ford Taurus Insurance Rates in Raleigh, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $152 $270 $282 $16 $84 $804 $67
Taurus SEL $170 $318 $282 $16 $84 $870 $73
Taurus SEL AWD $170 $318 $282 $16 $84 $870 $73
Taurus Limited $170 $318 $282 $16 $84 $870 $73
Taurus Limited AWD $170 $366 $282 $16 $84 $918 $77
Taurus SHO AWD $186 $366 $282 $16 $84 $934 $78
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Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Premium amounts do not factor in your specific Raleigh location which can influence insurance rates substantially.

An analysis of deductible level

When buying car insurance, a common question is which deductible level should you buy. The comparison tables below determine the rate difference when you buy lower versus higher deductibles. The first rate comparisons uses a $100 deductible for physical damage and the second rate chart uses a $500 deductible.

Ford Taurus insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $242 $386 $250 $14 $74 $991 $83
Taurus SEL $270 $456 $250 $14 $74 $1,089 $91
Taurus SEL AWD $270 $456 $250 $14 $74 $1,089 $91
Taurus Limited $270 $456 $250 $14 $74 $1,089 $91
Taurus Limited AWD $270 $524 $250 $14 $74 $1,157 $96
Taurus SHO AWD $298 $524 $250 $14 $74 $1,185 $99
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Ford Taurus insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $176 $262 $250 $14 $74 $776 $65
Taurus SEL $196 $308 $250 $14 $74 $842 $70
Taurus SEL AWD $196 $308 $250 $14 $74 $842 $70
Taurus Limited $196 $308 $250 $14 $74 $842 $70
Taurus Limited AWD $196 $354 $250 $14 $74 $888 $74
Taurus SHO AWD $216 $354 $250 $14 $74 $908 $76
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Information does not factor in your specific Raleigh location which can increase or decrease premium rates greatly.

Based on this data, using a $100 deductible costs approximately $21 more each month or $252 a year than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you have at least 19 months between claims, you would more than likely save some money by going with a higher deductible. The numbers below show the way you can perform this determination yourself.

Average monthly premium for $100 deductibles: $92
Average monthly premium for $500 deductibles (subtract): – $71
Monthly savings from raising deductible: $21
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $21
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

The illustration below demonstrates how choosing different deductibles and can raise or lower Ford Taurus insurance costs for different categories of driver ages. The price estimates are based on a single female driver, full coverage, and no discounts are taken into consideration.

Full coverage rates compared to liability-only

The illustration below shows the comparison of Ford Taurus insurance prices with and without full coverage. The prices are based on no accidents, no driving violations, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.

Are you wasting money paying for full coverage?

There is no written rule to stop buying comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost of comp and collision coverage is 10% or more of the settlement you would receive from your company, then you might consider buying liability only.

For example, let’s say your Ford Taurus replacement cost is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $5,000 after the deductible is paid. If you are paying in excess of $500 a year for full coverage, then it’s probably a good time to buy liability coverage only.

There are a few cases where only buying liability is not a good plan. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not opt for liability only.

Don’t overlook these Ford Taurus insurance discounts

Some providers do not list all their discounts in an easy-to-find place, so we researched some of the best known as well as some of the hidden car insurance savings.Car insurance discounts

It’s important to understand that most discount credits are not given to your bottom line cost. Some only apply to individual premiums such as liability and collision coverage. Despite the fact that it seems like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

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

A list of car insurance companies and a partial list of their discounts are:

Before you buy a policy, ask all companies you are considering what discounts are available to you. Discounts might not be offered in Raleigh.

Why Your Insurance Premiums might be higher

Lots of things are part of the equation when you get a price on insurance. Some are pretty understandable such as your driving history, although others are not quite as obvious like where you live or your financial responsibility. An important part of buying insurance is that you know some of the things that help calculate insurance rates. If you have some idea of what positively or negatively impacts your premiums, this empowers consumers to make smart changes that may reward you with lower premium levels.

Buying insurance from Raleigh auto insurance agents

Many drivers prefer to sit down and talk to an agent and that is just fine! Professional insurance agents can answer important questions and help file insurance claims. One of the best bonuses of comparing rates online is you may find cheap rate quotes but also keep your business local. Supporting neighborhood agents is especially important in Raleigh.

Insurance agents in RaleighUpon completion of this simple form, your insurance coverage information is sent to agents in your area who will give you quotes for your insurance coverage. It’s much easier because you don’t need to even leave your home since price quotes are sent to you. If you need to get a price quote from a specific company, you can always visit that company’s website and fill out their quote form.

When searching for a reputable agency, there are two different types of agencies and how they are slightly different. Insurance agents in Raleigh are either independent or exclusive. Both types can properly insure your vehicles, but it is important to understand the difference between them since it can affect the type of agent you choose.

Independent Insurance Agencies or Brokers

Independent agents do not work for one specific company and that enables them to quote your coverage with an assortment of companies and find the cheapest insurance rates. If you want to switch companies, the agent simply finds a different carrier and the insured can keep the same agent.

When comparing rate quotes, we recommend you compare quotes from at a minimum one independent agency for maximum quote selection.

Shown below is a partial list of independent agents in Raleigh that may be able to give free insurance rate quotes.

101 Weston Oaks CtCary, NC 27513(919) 828-4371View Map

6512 Six Forks Rd #102cRaleigh, NC 27615(919) 870-9191View Map

2626 Glenwood Ave #300Raleigh, NC 27608(919) 832-6667View Map

View more Raleigh agents

Exclusive Insurance Agents

Agents that choose to be exclusive can only provide pricing for a single company like American Family, State Farm, and Allstate. They generally cannot provide other company’s prices so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are well trained on their company’s products which helps offset the inability to provide other markets.

The following is a short list of exclusive insurance agents in Raleigh that are able to give rate quotes.

John Hill – State Farm Insurance Agent
7320 Six Forks Rd #200Raleigh, NC 27615(919) 848-0644View Map

9660 Falls of Neuse Rd #165Raleigh, NC 27615(919) 872-1225View Map

2869 Jones Franklin RdRaleigh, NC 27606(919) 859-5261View Map

View more Raleigh agents

Choosing an auto insurance agent should include more criteria than just the price. These are some questions you should get answers to.

After receiving good responses to any questions you may have as well as a affordable price, it’s a good possibility that you have found an insurance agent that is professional and can adequately provide insurance.

Cheaper auto insurance rates are available

Low-cost Ford Taurus insurance in Raleigh is available on the web in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best chance of saving money. A few companies do not offer rates over the internet and usually these smaller providers prefer to sell through independent agents.

When getting Raleigh auto insurance quotes online, do not sacrifice coverage to reduce premiums. In many cases, drivers have reduced uninsured motorist or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy the best coverage you can find at an affordable rate and still be able to protect your assets.

Additional detailed information can be read in the articles below: