Want to save money and find more affordable car insurance rates in Boston, MA? Boston shoppers have a choice when shopping for affordable Ford Taurus insurance. You can either waste hours calling around to compare prices or use the internet to make rate comparisons. There is a better way to shop for car insurance and we’ll show you the proper way to get price quotes for a new or used Ford and find the cheapest rates from Boston insurance agents and online providers.
Sadly, almost 70% of insureds kept their coverage with the same car insurance company for well over three years, and just under half have never even shopped around for lower-cost coverage. Boston insurance shoppers can cut their rates by roughly $600 a year just by comparing rates, but they don’t understand how simple it is to shop around.
Consumers need to take a look at other company’s rates as often as possible because prices change quite often. Even if you think you had the best rates on Ford Taurus insurance in Boston two years ago other companies may now be cheaper. Block out anything you think you know about car insurance because you’re about to learn how to quote online to get good coverage on Ford Taurus insurance in Boston at a lower rate.
If you have insurance now or are looking for a new policy, follow these tips to buy cheaper auto insurance and still have adequate protection. The purpose of this article is to teach you a little about the best way to buy inexpensive auto insurance and some money-saving tips. Shoppers just need to understand the quickest method to quote multiple rates from many different companies.
Reducing your insurance rates is actually quite simple. You just have to spend a little time comparing free Boston car insurance quotes online with multiple companies.
The companies shown below provide price comparisons in Boston, MA. To find cheap car insurance in MA, it’s highly recommended you click on several of them to get a more complete price comparison.
Premium rates and analysis
The price information shown next showcases a range of insurance prices for Ford Taurus models. Being aware of how insurance prices are figured can be valuable when making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Taurus SE | $164 | $252 | $344 | $20 | $104 | $884 | $74 |
| Taurus SEL | $182 | $296 | $344 | $20 | $104 | $946 | $79 |
| Taurus SEL AWD | $182 | $296 | $344 | $20 | $104 | $946 | $79 |
| Taurus Limited | $182 | $296 | $344 | $20 | $104 | $946 | $79 |
| Taurus Limited AWD | $182 | $342 | $344 | $20 | $104 | $992 | $83 |
| Taurus SHO AWD | $202 | $342 | $344 | $20 | $104 | $1,012 | $84 |
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Cost estimates assume married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Rates do not factor in specific location which can lower or raise coverage prices significantly.
The illustration below illustrates how your deductible choice and can raise or lower Ford Taurus insurance premiums for each different age category. The information is based on a married male driver, comp and collision included, and no additional discounts are factored in.
Impact of speeding/accidents on Boston auto insurance rates
The example below highlights how traffic violations and at-fault accidents drive up Ford Taurus auto insurance costs for different categories of driver ages. The costs are based on a single male driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.
Does it make sense to buy full coverage?
The illustration below shows the comparison of Ford Taurus insurance prices when comparing full coverage to liability only. The data assumes no driving violations, no at-fault accidents, $100 deductibles, single marital status, and no policy discounts are applied.
When to switch to liability coverage only
There is no definitive guideline that works best for making the decision to drop physical damage coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s assume your Ford Taurus settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $7,000 after the deductible is paid. If you are currently paying more than $700 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are a few cases where buying only liability insurance is not advised. If you haven’t satisfied your loan, you are required to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
Ford Taurus Insurance Prices Can Be Reduced
Many factors are used when quoting car insurance. Some are obvious such as traffic violations, but other factors are not quite as obvious like where you live or your financial responsibility. A large part of saving on insurance is knowing some of the elements that help determine insurance rates. When you know what positively or negatively positively or negatively impacts your premiums, this allows you to make educated decisions that can earn you lower rates.
- What are good liability limits? – Your policy’s liability coverage provides coverage if you are ruled to be at fault for personal injury or accident damage. It will provide legal defense coverage which can cost a lot. Liability insurance is quite affordable compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.
- Married drivers get better premiums – Having a spouse may earn you lower rates on your insurance bill. Marriage means you’re more financially stable it has been statistically shown that married drivers tend to have fewer serious accidents.
- Where you live can affect prices – Choosing to live in less populated areas can be a good thing when it comes to insurance. People who live in big cities have traffic congestion and longer commute times. Fewer people means a lower chance of having an accident and lower theft and vandalism rates.
- Rates and employer – Careers such as doctors, architects, and accountants usually pay higher average rates in part from intense work requirements and lots of time spent away from family. Conversely, occupations like actors, athletes and homemakers pay the least.
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Ford Taurus historical loss data – Auto insurance companies include the past claim trends for vehicles in order to profitably underwrite each model. Vehicles that are shown to have higher prevalence or dollar amount of losses will cost more to insure. The table below demonstrates the historical loss data for Ford Taurus vehicles.
For each coverage category, the statistical loss for all vehicles compiled together is set at 100. Values that are below 100 imply a favorable loss record, while percentages above 100 indicate higher probability of having a loss or tendency to have higher losses.
Auto Insurance Loss Data for Ford Taurus Models Vehicle 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 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Three reasons to not skimp on auto insurance
Even though it’s not necessarily cheap to insure a Ford in Boston, auto insurance is a good idea for several reasons.
First, just about all states have minimum liability requirements which means the state requires a specific level of liability if you drive a vehicle. In Massachusetts these limits are 20/40/5 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your Taurus has a lienholder, it’s guaranteed your bank will make it a condition of the loan that you have full coverage to protect their interest in the vehicle. If you let the policy lapse, the bank or lender will purchase a policy for your Ford at a significantly higher premium and force you to reimburse them for the much more expensive policy.
Third, insurance safeguards both your vehicle and your personal assets. It will also pay for medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, will also pay for a defense attorney if someone files suit against you as the result of an accident. If you have damage to your Ford as the result of the weather or an accident, comprehensive and collision coverage will cover the repair costs.
The benefits of having insurance outweigh the cost, especially for larger claims. In a recent study of 1,000 drivers, the average customer is overpaying over $830 a year so smart consumers compare quotes each time the policy renews to ensure rates are inline.
Best auto insurance in Boston
Insuring your vehicle with a highly-rated auto insurance provider can be challenging considering how many different companies insure vehicles in Boston. The information in the next section may help you decide which car insurance providers to look at buying from.
Top 10 Boston Car Insurance Companies Ranked by Value
- The General
- The Hartford
- Farmers Insurance
- Titan Insurance
- Mercury Insurance
- 21st Century
- Safeco Insurance
- AAA Insurance
- State Farm
- Travelers
Top 10 Boston Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- Titan Insurance
- The Hartford
- American Family
- Progressive
- USAA
- Travelers
- State Farm
- GEICO
- Allstate