How to Compare Minneapolis Mercury Mariner Insurance

A recent insurance study discovered that the vast majority of consumers kept their coverage with the same insurance company for four years or more, and approximately 38% of consumers have never even compared quotes to find cheap rates. Consumers in Minnesota could cut their rates by almost 50% a year, but they just assume it takes a lot of time to compare rates and save money.

Really, the only way to get cheaper Mercury Mariner insurance in Minneapolis is to compare prices regularly from different companies who can sell car insurance in Minnesota.

1. Try to learn about auto insurance and the measures you can control to prevent rate increases. Many policy risk factors that cause high rates like at-fault accidents, careless driving, and a less-than-favorable credit score can be remedied by paying attention to minor details. Continue reading for the details to prevent rate hikes and get additional discounts that may have been overlooked.
2. Compare price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like Progressive and State Farm, while independent agents can provide price quotes from multiple companies.
3. Compare the new rates to your existing coverage and determine if there is any savings. If you find a better price and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
4. Notify your agent or company of your intention to cancel the current policy and submit the required down payment along with the signed application for your new policy. As soon as you receive it, place the new proof of insurance paperwork in your vehicle.

A key point to remember is that you use identical limits and deductibles on every quote request and and to get price estimates from as many companies as you can. This ensures a level playing field and a thorough selection of prices.

If you have auto insurance now, you will surely be able to lower your rates using the techniques covered below. The intent of this article is to teach you a little about how car insurance quotes work and also pocket some savings But Minnesota drivers benefit from understanding how the larger insurance companies calculate your auto insurance rates because rates fluctuate considerably.

To get the cheapest Mercury Mariner rate quotes, there a variety of ways of comparing rates from many available auto insurance companies in Minnesota. By far the easiest way to find cheaper Mercury Mariner rates is to jump online and get quotes.

When comparison shopping, getting more free quotes helps you find more affordable rates.

The providers in the list below provide price quotes in Minnesota. If multiple companies are listed, we recommend you visit as many as you can in order to find the lowest rates.

Mercury Mariner insurance discounts in Minneapolis

Companies that sell car insurance don’t necessarily list every possible discount in an easy-to-find place, so the following is a list of both the well known and the more hidden credits available to bring down your rates. If you are not receiving all the discounts possible, you may be paying too high a price.

• Telematics Discount – Drivers who elect to allow driving data submission to scrutinize driving patterns by using a small device installed in their vehicle like Allstate’s Drivewise could see a rate decrease if they have good driving habits.
• Federal Government Employee – Having worked for a branch of the government could provide a small rate reduction depending on your car insurance provider.
• Active Service Discounts – Being deployed with a military unit could be rewarded with lower prices.
• Seat Belt Usage – Requiring all passengers to wear their seat belts could save 15% off PIP or medical payments premium.
• Defensive Driver Discount – Completing a class that teaches driver safety techniques could save 5% or more and easily pay for the cost of the class.
• Early Renewal Discounts – Some car insurance companies provide a discount for buying a new policy before your current expiration date. It could save around 10% when you buy Minneapolis auto insurance online.
• Discount for New Cars – Buying a new car model is cheaper because newer models are generally safer.
• Senior Citizen Rates – If you qualify as a senior citizen, you are able to get a small decrease in premiums.

Please keep in mind that many deductions do not apply to the whole policy. A few only apply to specific coverage prices like comp or med pay. So despite the fact that it appears adding up those discounts means a free policy, that’s just not realistic. Any qualifying discounts should help lower your policy premiums.

The example below illustrates the difference between Mercury Mariner insurance costs with and without discounts applied. The rates are based on a male driver, no violations or claims, Minnesota state minimum liability limits, full coverage, and $250 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-car, and multi-policy discounts applied.

A few popular companies and some of their more popular discounts include:

• GEICO may include discounts for federal employee, defensive driver, emergency military deployment, five-year accident-free, and good student.
• SAFECO discounts include homeowner, multi-car, anti-lock brakes, teen safe driver, and drive less.
• State Farm policyholders can earn discounts including student away at school, good driver, good student, accident-free, and driver’s education.
• MetLife may offer discounts for defensive driver, multi-policy, good student, accident-free, good driver, claim-free
• 21st Century offers discounts for student driver, anti-lock brakes, air bags, good student, and theft prevention.
• Progressive includes discounts for multi-policy, homeowner, online quote discount, online signing, multi-vehicle, and continuous coverage.

When getting a coverage quote, ask every company to apply every possible discount. Some of the earlier mentioned discounts might not be available to policyholders in your area. To see insurance companies offering car insurance discounts in Minnesota, click here to view.

Insurance analysis for a Mercury Mariner

The premium information displayed next showcases a range of insurance coverage prices for Mercury Mariner models. Having a good understanding how car insurance prices are calculated can help guide drivers when making decisions when choosing a new policy provider.

Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Estimates do not factor in the specific area where the vehicle is garaged which can influence prices noticeably.

Physical damage deductible comparison

The hardest decision when buying coverage is which deductible level should you buy. The rates shown below sum up the costs and benefits of buying low and high coverage deductibles. The first rate comparisons uses a $100 deductible and the second price grid uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Table data does not factor in your specific Minneapolis location which can increase or decrease rates significantly.

We can derive from the above data that using a $100 deductible costs roughly $32 more each month or $384 a year than choosing the higher $1,000 deductible. Due to the fact that 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 average at least 28 months between claims, you would save money if you choose the higher deductible.

One important caveat is that increasing deductibles to lower your rates means you will have to pay more out-of-pocket when you file a claim. You need to make sure you have access to more funds in the event you have to pay more for the deductible.

The example below illustrates how your deductible choice and can influence Mercury Mariner insurance costs for different categories of driver ages. The premiums assume a single male driver, full coverage, and no discounts are applied.

Mercury Mariner insurance premiums by gender

The illustration below illustrates the difference between Mercury Mariner insurance costs for male and female drivers. The prices are based on no accidents, no driving violations, full physical damage coverage, $250 deductibles, single marital status, and no discounts are applied.

Should you buy full coverage?

The example below illustrates the comparison of Mercury Mariner insurance premiums with full coverage compared to only the Minnesota minimum liability coverage. The premium estimates are based on no claims or violations, $500 deductibles, drivers are not married, and no discounts are taken into consideration.

When to stop buying full coverage

There is no set guideline to eliminate full coverage on your policy, but there is a broad guideline. If the annual cost of your full coverage insurance is more than around 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your Mercury Mariner replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would receive is $3,000 after paying the physical damage deductible. If you are paying in excess of $300 annually to have full coverage, then you might consider buying liability only.

There are some conditions where removing full coverage is not a good idea. If you haven’t satisfied your loan, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should maintain full coverage.

Why Informed Consumers Pay Less for Mercury Mariner Insurance

Smart consumers have a good feel for some of the things that aid in calculating your premiums. When consumers understand what influences your rates, this allows you to make educated decisions that can help you get much lower annual insurance costs.

• How’s your driving record? – Even one moving violation can boost insurance rates forty percent or more. Drivers who don’t get tickets pay less for auto insurance compared to drivers with tickets. Drivers who get dangerous tickets like hit and run, DWI or reckless driving convictions may need to maintain a SR-22 with their state in order to legally drive a vehicle.

  The example below highlights how speeding tickets and at-fault claims can impact Mercury Mariner auto insurance costs for each different age group. The premium estimates are based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.

• Prices can be impacted by your job – Do you have a high-stress occupation? Jobs such as military personnel, airline pilots, and financial analysts generally have higher rates than average attributed to intense work-related stress and incredibly demanding work hours. On the flip side, jobs such as professors, engineers and the unemployed receive lower rates.
• Low physical damage deductibles can be expensive – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your Mercury. Examples of covered claims are a broken side mirror, hail damage, or theft. Your deductibles tell how much you are required to pay if a covered claim is submitted. The more expense you have to pay, the less your company will charge you for insurance.
• Lower rates for safer vehicles – Safer cars tend to have lower insurance rates. Safer cars reduce injuries and fewer serious injuries means your insurance company pays less passed on to you as lower rates. If your Mercury Mariner is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
• Urban residents pay more – Residing in areas with lower population has definite advantages if you are looking for the lowest rates. Lower population means less chance of accidents as well as less vandalism and auto theft. Drivers who live in large Minnesota cities tend to have more road rage incidents and much longer commute distances. More time behind the wheel translates into higher accident risk.
• Vehicle features impact rates – Selecting a car model with an alarm system can help bring down rates. Anti-theft devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart auto theft and help lower rates.