Your car plays an enormous role in determining your insurance rates. If your Ford Taurus is more than five years old, consider upgrading it - older vehicles typically cost less to insure due to depreciating value over time.
Ford Taurus owners looking for liability coverage will find some of the top car insurers offer rates as low as $32 a month with providers like Arrowhead, Hugo, ACG and MetroMile as among those offering average prices with lowest average monthly premiums.
1. Age
There are various factors that influence car insurance rates, and no single carrier offers the lowest premiums for every driver. To find affordable quotes from multiple providers and get cheap coverage options for a Ford Taurus is to compare quotes from multiple providers - on average drivers pay between $92 monthly for liability only coverage and $157 if full coverage is added on top.
Age plays a huge role in insurance premiums. Younger drivers can often cost more to insure than their older counterparts due to being less experienced on the road and therefore more susceptible to accidents. On average, an insured 40-year-old costs about $4,174 annually while teenagers could cost as much as $5,274.
Age, vehicle type and driving record all play an integral part in determining car insurance prices. Young drivers are more prone to accidents; therefore it is vital for them to drive a reliable and safe vehicle such as the Ford Taurus. Any moving violations on their record should also be rectified with defensive driving courses in order to decrease rates.
Comprehensive and collision coverage costs an average of $358 to insure a Ford Taurus, respectively. This coverage helps cover repair or replacement of your vehicle in the event of an accident where it wasn't your fault, such as leasing or financing it. Comprehensive and collision policies are usually mandatory if leasing or financing your vehicle; otherwise it is optional; to save money consider buying used as this will make insuring more affordable.
2. Vehicle Type
Your vehicle type can have an enormous effect on your insurance rates. For instance, driving an older model Taurus with depreciated value could mean lower premiums than an identical brand new Taurus with all the latest safety features and modifications or additions you have made to it. It is also wise to learn about any discounts your insurance company provides; such as anti-theft features, low annual mileage discounts or driver-based savings.
Your insurance costs for your Ford Taurus are likely to decrease if you drive it less each year, since insurers perceive low risk cars like this as lower risks in terms of accidents or claims that can drive up premiums. On the other hand, frequent commuters or business travellers could see their costs rise as the chances for collision or filing claims increase significantly.
Your driving record is another significant factor when it comes to setting insurance rates. Achieve preferred driver status by being accident free and free from moving violations can significantly lower rates. Furthermore, maintaining good credit, eliminating excess coverage and capitalizing on discounts could save money off premiums as well.
Your state can also have an enormous effect on the cost of car insurance for your Ford Taurus. Insurance laws vary widely across states and prices can fluctuate significantly between regions. Shop around to find the best rates by comparing quotes from multiple providers before making your decision.
3. Driving Record
Ford Taurus car insurance rates are relatively affordable, ranging from around $80 for liability only coverage to $151 for full coverage - this price varies based on driver age and risk profile as well as policy deductibles/limits; to receive accurate quotes tailored specifically for your situation simply enter your ZIP code above.
Comparable to other popular large cars in this price range, Ford Taurus insurance costs are relatively affordable. It ranks third out of seven total comparison vehicles when it comes to annual car insurance rates - costing less than Dodge Charger, Chevrolet Impala, and Nissan Maxima combined. This can be attributed to its excellent safety ratings as well as depreciating value over time, making repairs more manageable.
To save money on Ford Taurus insurance, drivers need to keep a clean driving record. Tickets and accidents will increase your premium and could have long-term repercussions; drivers who receive even one speeding ticket typically pay an average of $101 more monthly than drivers without infractions.
USAA and GEICO are the ideal car insurance providers for Taurus drivers, providing excellent rates to current and former military members while offering great non-military drivers' options as well. While these two insurers typically have lower average rates for Ford Taurus owners, it pays to compare quotes. Both offer attractive average rates that could save money through bundling policies together, qualifying for safe driver discounts or taking advantage of usage-based programs which monitor driving habits - you could qualify for discounts of up to 30% or more on Ford Taurus insurance premiums!
4. Location
Ford Taurus insurance prices depend heavily on your location as state regulations determine rates. Drivers in Idaho pay far less than their counterparts in California for car insurance policies. Your age also plays a factor; young drivers pay more since insurance providers view teens and 20-something drivers as greater risks.
As with the other factors, your annual mileage will also impact your rate. If you drive less often or for longer distances, purchasing a low-mileage policy might save money; conversely if your mileage increases significantly each year then full coverage plans with collision insurance might be more suitable for you.
On average, insuring a Ford Taurus with liability only will run you around $95 monthly while full coverage could cost an average of around $157 monthly - these numbers are just estimates and your actual premium could differ considerably. To determine your insurance premium, enter your ZIP code above and get free personalized quotes within minutes. Make sure to also inquire with your agent regarding any discounts that might apply - they could save you a bundle! Typically, having an anti-theft alarm system installed can earn a discount off your policy premiums, or bundling them all together to save. Example: Many insurance companies provide discounts to drivers who combine Ford Taurus coverage with renter's, homeowner's or life policies - this can substantially lower your rates! Plus if you have completed a defensive driving course or achieved good grades you may even qualify for additional savings!
5. Discounts
Car insurance can be an expensive expense, but there are ways to lower it. Being an excellent student, insuring multiple vehicles with one company, bundling policies such as home, auto, and life policies together, or simply shopping around can help bring down costs significantly - perhaps another company offers lower premiums for your Ford Taurus than you expected! It is also wise to shop around as different insurers may provide lower premiums.
Age can have an enormous effect on car insurance premiums. Older vehicles cost less to insure since their value has decreased with time. Conversely, younger drivers pay more due to less experience behind the wheel; therefore it is critical that young drivers begin driving as soon as possible and establish their driver record.
Consider investing in safety features for your Ford Taurus, such as anti-lock brakes, blind spot detection systems and lane departure warnings. These can help prevent accidents while simultaneously lowering car insurance costs.
Overall, your Ford Taurus car insurance rate depends on both your driving record and policy details. For instance, if you opt for high $1,000 deductibles on full coverage policies with clean records and opt for $1,000 deductibles on full coverage policies with $1,000 deductibles on full coverage policies then the annual costs could reach around $1,496; otherwise if you are considered high risk, average annual costs could rise up to around $3506 or $125 monthly costs may occur instead. Use our free online tool above now to compare quotes from top insurers quickly!