Would you like to buy more affordable Ford Taurus insurance in Aurora? Tired of sacrificing to insure your Ford every month? You are in the same boat as many other Colorado consumers.
Remarkably, a study showed that most consumers in Colorado have remained with the same insurance company for over three years, and 38% of customers have never compared rates from other carriers. Most drivers in the United States can cut their rates by almost $850 a year by just comparing quotes, but they don't believe how much savings they would realize if they switched to a cheaper policy. Since you have so many choices for buying lower-cost insurance for a Ford Taurus in Aurora, it's difficult to choose the lowest price insurance company.
Most of the larger companies make it easy to get price estimates on the web. Getting online quotes for Ford Taurus insurance in Aurora can be done by anyone as you simply enter your coverage information into the form. After you complete the form, the system collects information on your driving record and credit history and returns pricing information based on the information you submitted. Quoting online for Ford Taurus insurance in Aurora streamlines rate comparisons, and it's very important to compare as many rates as possible if you are searching for the most affordable premium possible.
To compare rates now, compare rates now from the companies shown below. If you have coverage now, it's recommended that you enter the insurance coverages exactly as they are listed on your policy. This way, you will have comparison quotes based on identical coverages.
The auto insurance companies shown below are our best choices to provide comparison quotes in Aurora, CO. If multiple companies are shown, it's a good idea that you compare several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Taurus SEL AWD||$182||$332||$368||$22||$110||$1,014||$85|
|Taurus Limited AWD||$210||$390||$352||$20||$106||$1,078||$90|
|Taurus SHO AWD||$376||$620||$352||$20||$106||$1,474||$123|
|Get Your Own Custom Quote Go|
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Premium amounts do not factor in zip code location which can affect prices substantially.
Rate comparison of full coverage and liability-only
The illustration below shows the difference between Ford Taurus insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. Data assumes no violations or accidents, $250 deductibles, married female driver, and no discounts are taken into consideration.
Guidelines for eliminating full coverage
There is no set guideline to exclude physical damage coverage, but there is a guideline you can consider. If the annual cost of coverage is more than around 10% of the replacement cost minus the deductible, then it's probably a good time to buy liability coverage only.
For example, let's say your Ford Taurus replacement cost is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company would pay you is $6,000 after paying your policy deductible. If premium cost is more than $600 annually for physical damage coverage, then you might want to think about dropping full coverage.
There are some scenarios where buying only liability insurance is not advised. If you still owe a portion of the original loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not consider dropping full coverage.
Premiums by gender and age
The chart below compares Ford Taurus insurance prices for male and female drivers. The data assumes no claims or driving citations, comp and collision included, $500 deductibles, drivers are single, and no discounts are applied to the premium.
Choosing vehicle insurance is an important decision
Even though it can be expensive, insurance is a good idea for several reasons.
- Almost all states have mandatory liability insurance requirements which means you are required to buy a minimum amount of liability insurance coverage in order to be legal. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you have a loan on your Taurus, most lenders will have a requirement that you have physical damage coverage to guarantee payment of the loan. If you let the policy lapse, the bank may insure your Ford at a much higher premium rate and require you to reimburse them for the much more expensive policy.
- Insurance protects both your Ford and your assets. It will also cover all forms of medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, will also pay to defend you if anyone sues you for causing an accident. If your Ford gets damaged, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.
The benefits of insuring your Taurus greatly outweigh the cost, especially for larger claims. But the average driver in Colorado is wasting up to $700 annually so you should quote rates at every policy renewal to help ensure money is not being wasted.
Components of Your Ford Taurus Insurance Prices
Multiple criteria are part of the equation when you get a price on insurance. Some of the criteria are obvious like an MVR report, although some other factors are more transparent such as your credit history and annual miles driven. One of the most helpful ways to save on insurance is to to have a grasp of some of the elements that go into determining your insurance rates. If you have some idea of what controls the rates you pay, this enables you to make decisions that may result in much lower annual insurance costs.
The itemized list below are some of the items that factor into premiums.
How's your driving record? - Getting just one chargable violation can increase rates to the point where it's not affordable. Attentive drivers have lower premiums than their less careful counterparts. Drivers who have received flagrant citations like DUI or reckless driving may face state-mandated requirements to prove financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
See if your company offers a multi-policy discount - Most insurers apply a discount for people that have more than one policy, otherwise known as a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. If you currently are using one company, you still need to get quotes from other companies to ensure the best deal. You may still be able to save even more than the discount by buying from different companies
Get married and get cheaper prices - Having a significant other may save some money compared to being single. Having a significant other translates into being more mature and responsible and insurance companies reward insureds because drivers who are married are more cautious.
Younger driver insurance costs - Older, more experienced drivers are shown to be more cautious, statistically cause fewer accidents, and usually have better credit.Inexperience drivers are statistically shown to be less responsible when at the wheel of a vehicle therefore insurance rates are much higher.
How many miles do you drive? - The more you drive in a year the higher the price you pay to insure it. Almost all companies charge rates based on their usage. Cars used primarily for pleasure use receive better premium rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your Taurus may be wasting your money. Verify your insurance policy properly reflects annual mileage.
Insurance rates and driver gender - The statistics show females are less aggressive when driving. This data doesn't prove that women are BETTER drivers than men. Males and females have at-fault accidents at a similar rate, but guys cause more damage and cost insurance companies more money. In addition to higher claims, males also get higher numbers of serious violations like reckless driving and DUI. Teenage male drivers generally have the highest accident percentage and thus pay the highest rates.
Insurance losses for a Ford Taurus - Car insurance companies use data from past claims when setting premium costs. Models that the data shows to have higher number or severity of losses will cost more for coverage.
The table below illustrates the compiled insurance loss statistics for Ford Taurus vehicles. For each coverage category, the statistical loss for all vehicles, as a total average, is a value of 100. Percentages below 100 indicate better than average losses, while percentages above 100 indicate higher probability of having a loss or a tendancy for claims to be larger.
Ford Taurus Insurance Claim Statistics
|Specific Ford Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Ford Taurus 2WD||109||88||134||115||115||101|
|Ford Taurus 4WD||120||78||141||124|
|Ford Taurus SHO 4WD||143||96||185||84||103|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Get affordable rates by applying discounts
Car insurance is not cheap, but there could be available discounts that many people don't even know exist. Certain credits will be shown at quote time, but a few need to be asked for before you will receive the discount.
- Seat Belts Save more than Lives - Drivers who require all occupants to buckle up may be able to save a few bucks on medical payment and PIP coverage.
- Professional Memberships - Joining a professional or civic organization is a good way to get lower rates on your next renewal.
- Anti-theft System - Cars and trucks equipped with tracking devices and advanced anti-theft systems help deter theft and qualify for as much as a 10% discount.
- Pay Early and Save - If you pay your bill all at once rather than paying monthly you can avoid the installment charge.
- Sign Online - A few larger online companies give back up to $50 for signing up online.
- Resident Student - Any of your kids who are attending college and don't have a car could get you a discount.
- Drivers Education - Cut your cost by having your teen driver successfully complete driver's ed class if offered at their school.
- Discount for New Cars - Buying a new car model may earn a small discount since new vehicles have better safety ratings.
- Driver Training Discounts - Taking time to complete a course in safe driver could earn you a small percentage discount and make you a better driver.
We need to note that many deductions do not apply the the whole policy. A few only apply to the price of certain insurance coverages like medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, companies wouldn't make money that way. Any qualifying discounts will reduce your policy premiums.
Larger auto insurance companies and a summarized list of policyholder discounts include:
- Farm Bureau may include discounts for good student, multi-vehicle, youthful driver, multi-policy, renewal discount, safe driver, and 55 and retired.
- Liberty Mutual policyholders can earn discounts including newly married, safety features, newly retired, new vehicle discount, preferred payment discount, hybrid vehicle, and new move discount.
- State Farm offers discounts including driver's education, good driver, Steer Clear safe driver discount, student away at school, and accident-free.
- Auto-Owners Insurance discounts include paid in full, group or association, student away at school, paperless, and company car.
- GEICO has discounts for anti-theft, multi-policy, military active duty, emergency military deployment, membership and employees, and daytime running lights.
- SAFECO has savings for anti-theft, drive less, multi-car, bundle discounts, safe driver, and teen safety rewards.
If you need lower rates, check with all companies you are considering to apply every possible discount. A few discounts may not be available in your state. If you would like to see a list of insurance companies with discount rates in Colorado, click this link.
Insurance agents can help
When selecting insurance from an agent or online for your personal vehicles, there really is not a "best" method to buy coverage. Your needs are unique to you so this has to be addressed. Here are some questions about coverages that may help you determine if your situation would benefit from an agent's advice.
- What are the liability requirements in my state?
- I have good health insurance, so how much medical payments coverage do I need?
- At what point should I drop full coverage?
- Should I rate my vehicle as business use?
- Do they offer discounts for home and auto coverage?
- Is my cargo covered for damage or theft?
- Can my teen driver be rated on a liability-only vehicle?
If you're not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It's fast, doesn't cost anything and can help protect your family.
Local neighborhood Aurora car insurance agents
Some people just prefer to get advice from a local agent and that is not a bad decision Professional insurance agents are trained to spot inefficiencies and help you file claims. A good thing about comparing insurance online is the fact that you can find cheaper prices but still work with a licensed agent.
Upon completion of this short form, the quote information gets sent to local insurance agents in Aurora that can give you free Aurora auto insurance quotes and help you find cheaper coverage. It's much easier because you don't need to search for an agent because quoted prices will be sent straight to your inbox. If you have a need to get a rate quote from a particular provider, don't hesitate to navigate to their website to submit a rate quote request.
Choosing the best provider needs to be determined by more than just a low price. These questions are important to ask:
- Can they give you a list of client referrals?
- How long has their agency been in business in Aurora?
- Is insurance their full-time profession?
- Do they specialize in personal lines coverage in Aurora?
- What is the agency's Better Business Bureau rating?
- Does the company have a solid financial rating?
- Is the agency covered by Errors and Omissions coverage?
- Are claims handled at the agent's location?
When finding a local Aurora insurance agent, you need to know there are two types of agencies and how they operate. Insurance agencies may be either exclusive agents or independent agents. Either can write policy coverage, but it is a good idea to know the difference in the companies they write for because it can factor into buying decisions.
Exclusive Insurance Agents
These type of agents can usually just insure with one company and examples are Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents are unable to give you multiple price quotes so keep that in mind. These agents are usually quite knowledgeable on the products they sell and that can be a competitive advantage.
Shown below is a list of exclusive insurance agencies in Aurora that can give you comparison quotes.
Independent agencies are not locked into one company so they can quote policies with a variety of different insurance companies and possibly get better coverage at lower prices. If premiums increase, the agent simply finds a different carrier and you can keep the same agent.
When shopping rates, we highly recommend that you include price quotes from multiple independent agents in order to have the best price comparison.
Below are independent insurance agencies in Aurora who can help you get comparison quotes.
BUD JUDY AGENCY, INC. (INDEPENDENT INSURANCE AGENCY)
2222 S Fraser St Unit 4 - Aurora, CO 80014 - (303) 368-5839 - View Map
A All City Auto Insurance
9720 E Colfax Ave - Aurora, CO 80010 - (303) 364-0555 - View Map
After you get satisfactory answers to these questions as well as affordable Ford Taurus insurance rates in Aurora quotes, you may have just found an insurance agency that meets the requirements to insure your vehicles. Keep in mind you are entitled to terminate coverage whenever you want so never feel you're contractually obligated to a policy with no way out.
Lower rates by being persistent
As you prepare to switch companies, never skimp on coverage in order to save money. There have been many situations where an insured cut comprehensive coverage or liability limits only to regret that the savings was not a smart move. Your focus should be to buy a smart amount of coverage at the best possible price, not the least amount of coverage.
You just learned a lot of information how to get a better price on Ford Taurus insurance in Aurora. It's most important to understand that the more providers you compare, the better your comparison will be. Consumers could even find that the lowest priced car insurance comes from an unexpected company. They may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive or GEICO.
Some insurance companies may not offer online price quotes and many times these smaller companies work with independent agents. Low-cost Ford Taurus insurance in Aurora can be purchased on the web in addition to many Aurora insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money.
Much more information about car insurance in Colorado is located at these links:
- Cellphones, Texting and Driving (iihs.org)
- Who Has Affordable Colorado Car Insurance for a Hyundai Sonata? (FAQ)
- What is the Best Auto Insurance in Broomfield, Colorado? (FAQ)
- How Much is Colorado Auto Insurance for First-time Drivers? (FAQ)
- What Car Insurance is Cheapest in Littleton, Colorado? (FAQ)
- Neck Injury FAQ (iihs.org)
- Understanding your Policy (NAIC.org)
- What are my Rights when Filing a Claim? (Insurance Information Institute)
- Driving in Bad Weather (Insurance Information Institute)