Finding the cheapest insurance for a Mercury Mountaineer in Colorado can normally be an all-consuming task, but you can use our car insurance buying tips and make it easy. There is a better way to find car insurance online and we’ll show you the quickest way to price shop coverage for your Mercury and get the lowest price from Colorado Springs insurance agents and online providers.
It’s a great practice to compare rates quite often because car insurance prices change quite often. Just because you had the lowest price on Mercury Mountaineer insurance in Colorado Springs last year you may be paying too much now. You can find a lot of misleading information regarding Mountaineer insurance on the internet, but in just a couple of minutes you can learn some great ways to lower your car insurance bill.
How Insurers Determine Mercury Mountaineer Insurance Premiums
Consumers need to have an understanding of a few of the rating criteria that are used to determine the rates you pay for auto insurance. If you have some idea of what impacts premium levels, this enables you to make decisions that could result in lower rates.
The itemized list below are a partial list of the pieces used by your company to calculate prices.
Gender is a factor – Statistics demonstrate women are more cautious behind the wheel. The data does not necessarily mean that men are worse drivers. Females and males get in auto accidents in similar percentages, but males have accidents that have higher claims. Men also get higher numbers of serious violations such as reckless driving. Teenage male drivers tend to get in the most accidents and thus pay the highest rates.
The example below illustrates the difference between Mercury Mountaineer auto insurance rates for male and female drivers. The premiums assume no driving violations, no at-fault accidents, full coverage, $100 deductibles, marital status is single, and no additional discounts are factored in.
How much liability protection – Liability coverage will protect you in the event that you are found to be at fault for damages caused by your negligence. It provides you with a defense in court to attempt to prove you were not liable. It is affordable coverage compared to insuring for physical damage coverage, so drivers should make sure they buy enough to cover all assets.
Filing insurance claims can cost you – If you frequently file small claims, you can definitely plan on either higher rates or even cancellation. Companies in Colorado provide better rates to insureds who only file infrequent claims. Insurance coverage is intended for major claims that would cause financial hardship.
Prices may be lower depending on your job – Do you have a high-stress occupation? Jobs like military personnel, executives, and stock brokers tend to pay higher premium rates in part from high stress and long work days. Other professions such as scientists, athletes and performers generally pay rates lower than average.
Improve your credit history – Credit score is likely to be a major factor in calculating your premium rate. Drivers with high credit scores tend to be more responsible than drivers with lower credit scores. If your credit is lower than you’d like, you could potentially save money when insuring your Mercury Mountaineer if you improve your credit rating.
Vehicles with better crash test results are cheaper to insure – Safer cars tend to be cheaper to insure. The safest vehicles result in less severe injuries and reduced instances of injuries means less money paid by your insurance company and thus lower rates.
Finding a better price on car insurance is pretty simple and can save money. The only thing you need to do is take the time to get quotes to see which company has affordable Colorado Springs car insurance quotes.
The auto insurance companies shown below provide price quotes in Colorado Springs, CO. If multiple companies are listed, we recommend you visit two to three different companies to get the most affordable price.
Facts and figures for Mercury Mountaineer insurance
The coverage information shown below covers different insurance prices for Mercury Mountaineer models. Learning a little about how insurance prices are formulated can benefit drivers when making informed purchases.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Mountaineer Premier 2WD||$264||$528||$368||$22||$110||$1,292||$108|
|Mountaineer Premier AWD||$264||$528||$368||$22||$110||$1,292||$108|
|Get Your Own Custom Quote Go|
Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Premium costs do not factor in the specific area where the vehicle is garaged which can increase or decrease prices significantly.
The example below demonstrates how deductibles and can change Mercury Mountaineer insurance rates for each age group. The prices are based on a married male driver, comp and collision included, and no discounts are taken into consideration.
Impact of speeding/accidents on auto insurance rates
The diagram below demonstrates how citations and at-fault collisions drive up Mercury Mountaineer insurance premiums for each different age category. The costs are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no other discounts are factored in.
Mercury Mountaineer liability rates compared to full coverage
The example below shows the comparison of Mercury Mountaineer car insurance costs with and without physical damage coverage. The prices are based on no accidents, no driving violations, $1,000 deductibles, drivers are single, and no discounts are applied.
When to stop buying full coverage
There is no clear-cut formula to delete comp and collision coverage, but there is a general school of thought. If the annual cost of having full coverage is more than 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Mercury Mountaineer claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $5,000 after the deductible is paid. If it’s costing you more than $500 a year for full coverage, then you may want to consider only buying liability coverage.
There are some scenarios where only buying liability is not advised. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should keep full coverage.
Choosing the best vehicle insurance in Colorado is an important decision
Even though it’s not necessarily cheap to insure a Mercury in Colorado Springs, insuring your vehicle is required for several reasons.
- Almost all states have compulsory liability insurance requirements which means you are required to carry specific limits of liability protection if you don’t want to risk a ticket. 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 took out a loan on your vehicle, most lenders will make it mandatory that you have physical damage coverage to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may buy a policy for your Mercury at a much higher rate and force you to pay the higher price.
- Insurance safeguards both your car and your personal assets. It will also cover hospital and medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney in the event you are sued. If your Mercury gets damaged, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of having insurance are definitely more than the cost, especially with large liability claims. According to a survey of 1,000 drivers, the average driver is wasting up to $700 annually so compare rates at every policy renewal to ensure rates are inline.
Affordable Mercury Mountaineer insurance in Colorado Springs
Properly insuring your vehicles can get expensive, but you can get discounts to cut the cost considerably. A few discounts will be applied at the time of quoting, but a few must be inquired about before being credited.
- Passenger Safety Discount – Factory air bags or motorized seat belts can get savings of 20 to 30 percent.
- Defensive Driver Discount – Participating in a safe driver class can save you 5% or more and also improve your driving technique.
- Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices can help prevent theft and that can save you a little bit as well.
- Senior Citizen Discount – Older drivers can possibly qualify for a small decrease in premiums.
- New Vehicle Savings – Buying a new car model can get you a discount because newer models are generally safer.
- Early Signing – Some insurance companies provide a discount for switching to them before your current coverage expires. You could save around 10% when you buy Colorado Springs car insurance online.
As is typical with insurance, many deductions do not apply to the whole policy. A few only apply to the price of certain insurance coverages like comp or med pay. Just because you may think you can get free auto insurance, that’s just not realistic.
The illustration below illustrates the difference between Mercury Mountaineer insurance rates with and without policy discounts. The premiums assume a male driver, no violations or claims, Colorado 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, claim-free, marriage, multi-policy, safe-driver, and homeowner discounts applied.
The best insurance companies and a partial list of their discounts include:
- State Farm may have discounts that include safe vehicle, passive restraint, accident-free, student away at school, and multiple autos.
- Progressive has savings for homeowner, multi-policy, multi-vehicle, good student, online quote discount, and online signing.
- Travelers offers discounts for multi-policy, student away at school, continuous insurance, save driver, hybrid/electric vehicle, good student, and payment discounts.
- American Family policyholders can earn discounts including TimeAway discount, accident-free, multi-vehicle, mySafetyValet, Steer into Savings, and air bags.
- Liberty Mutual offers premium reductions for safety features, new move discount, newly married, new graduate, preferred payment discount, new vehicle discount, and exclusive group savings.
Before you buy a policy, ask every prospective company how many discounts you can get. Some discounts listed above might not be available to policyholders in Colorado Springs. To view providers that have a full spectrum of discounts in Colorado, follow this link.
Insurance agencies near you
A small number of people just prefer to have an agent’s advice and that can be a smart move Experienced insurance agents can answer important questions and give you someone to call. One of the benefits of comparing rates online is you may find cheap rate quotes and still choose a local agent.
To find an agent, once you fill out this quick form, your information is transmitted to agents in your area who can give free rate quotes and help you find cheaper coverage. It’s much easier because you don’t need to find an agent since price quotes are sent to your email. If for some reason you want to quote rates for a specific company, don’t hesitate to search and find their rate quote page to submit a rate quote request.
Finding a good provider is decision based upon more than just the price. Before buying a policy in Colorado Springs, get answers to these questions.
- Do they review policy coverages at every renewal?
- How much will you save each year by using a higher deductible?
- Will one accident increase rates?
- How are claims handled?
- Can you use your own choice of collision repair facility?
- Is there a Errors and Omissions policy in force?
- Who are their largest clients?
- Does their agency support local causes in Colorado Springs?
Do you need an independent or exclusive auto insurance agent?
If you want to buy insurance from a reputable agency, you must know there are a couple types of insurance agents and how they differ in how they can insure your vehicles. Agents can either be exclusive or independent. Both types can do a good job, but it’s worth mentioning the difference in how they write coverage since it may influence the selection process.
Exclusive Insurance Agencies
Exclusive agents can only write with one company and examples are State Farm or Allstate. These agents are unable to compare rates from other companies so they have no alternatives for high prices. Exclusive agents are well trained on their company’s products which helps overcome the inability to quote other rates. Some people will only buy insurance from these agents mainly due to the brand legacy rather than having the cheapest rates.
Below is a short list of exclusive agencies in Colorado Springs that are able to give rate quotes.
- Austin Morgan – State Farm Insurance Agent
2606 Palmer Park Blvd – Colorado Springs, CO 80909 – (719) 630-1800 – View Map
- State Farm: Dan Lewis
1867 S Academy Blvd – Colorado Springs, CO 80916 – (719) 434-3944 – View Map
- Aileen Baldwin – State Farm Insurance Agent
540 W Garden of the Gods Rd – Colorado Springs, CO 80907 – (719) 599-9044 – View Map
Independent Insurance Agencies
Independent insurance agents are not employed by one company so as a result can place your coverage with an assortment of companies and potentially find a lower price. If you want to switch companies, they simply move the coverage in-house and you don’t have to do anything. When shopping rates, you will definitely want to compare prices from a few independent agents to maximize your price options. Many can place coverage with lesser-known insurance companies which may have better rates.
Shown below is a short list of independent agents in Colorado Springs who can help you get rate quotes.
- CIA-Leavitt Insurance Agency
5585 Erindale Dr #107 – Colorado Springs, CO 80918 – (719) 528-1884 – View Map
- Benson Insurance Group, LLC
5155 N Academy, #110 – Colorado Springs, CO 80918 – (719) 622-3079 – View Map
- Six and Geving Insurance Inc
3630 Sinton Rd # 200 – Colorado Springs, CO 80907 – (719) 590-9990 – View Map
Car insurance company ratings
Selecting a high-quality insurance company is hard considering how many different insurance companies sell coverage in Colorado Springs. The company ratings listed below could help you analyze which insurers to look at purchasing coverage from.
Top 10 Colorado Springs Car Insurance Companies Ranked by Customer Service
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
Top 10 Colorado Springs Car Insurance Companies Overall
- American Family
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
- Mercury Insurance
Find cheap car insurance prices by comparing often
Consumers switch companies for many reasons like an unsatisfactory settlement offer, unfair underwriting practices, policy cancellation or not issuing a premium refund. No matter why you want to switch, choosing a new insurance company is pretty easy and you might even save some money in the process.
We just showed you many ways to reduce Mercury Mountaineer insurance prices online in Colorado Springs. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may even discover the lowest priced car insurance comes from a smaller regional carrier.
As you restructure your insurance plan, never skimp on coverage in order to save money. There are a lot of situations where an insured dropped full coverage only to regret that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy enough coverage for the lowest price, but do not sacrifice coverage to save money.
Steps to saving money on Mercury Mountaineer insurance in Colorado Springs
If you want to find the absolute lowest rates, then the best way to find cheaper auto insurance rates is to compare prices annually from insurance carriers in Colorado Springs. Prices can be compared by following these steps.
First, spend some time learning about what coverages are included in your policy and the factors you can control to prevent expensive coverage. Many rating factors that cause rate increases like distracted driving and an imperfect credit history can be eliminated by making minor changes in your lifestyle.
Second, compare price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like Progressive or State Farm, while independent agencies can provide prices from multiple sources.
Third, compare the new rates to your current policy premium and determine if there is any savings. If you find a lower rate quote and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, tell your current agent or company to cancel your existing policy and submit a down payment along with a completed application for your new coverage. As soon as you can, place your new certificate verifying proof of insurance in your vehicle’s glove compartment or console.
A crucial key to this process is that you’ll want to compare identical coverages on each price quote and and to get price quotes from as many car insurance companies as possible. Doing this enables a fair rate comparison and and a good selection of different prices.
Much more information about car insurance in Colorado is available at these links:
- Avoiding Deer Collisions (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance for Drivers with Accidents in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Car Insurance Rates for Drivers Under 25? (FAQ)
- How Much are Auto Insurance Rates for Government Employees in Colorado Springs? (FAQ)
- What Insurance is Cheapest with Multiple Speeding Tickets in Colorado Springs? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for 19 Year Olds in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Car Insurance for a Nissan Altima? (FAQ)
- Think You’re a Safe Driver? (State Farm)
- Steps to Take After an Auto Accident (Insurance Information Institute)