How to Compare Columbus Ford Taurus Insurance

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It's safe to conclude that insurance companies don't want policyholders to shop around. Insureds who compare price quotes will most likely switch to a new company because they have a good chance of getting low-cost coverage. A recent auto insurance study revealed that drivers who regularly compared rates saved over $865 a year as compared to drivers who never compared prices.

If finding budget-friendly rates on auto insurance in Columbus is your ultimate goal, learning how to find and compare insurance can make it easier for you to save money.

Insurance rates Ford Taurus in ColumbusThe most effective way to get discount Ford Taurus insurance in Columbus is to start comparing prices yearly from providers who can sell car insurance in Ohio.

First, read and learn about auto insurance and the modifications you can make to prevent high rates. Many rating criteria that cause high rates such as inattentive driving and a not-so-good credit rating can be rectified by making minor changes to your lifestyle.

Second, request price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can provide rates from one company like Progressive or Allstate, while independent agents can quote rates from multiple insurance companies. View companies

Third, compare the price quotes to your current policy premium to determine if you can save on Taurus insurance. If you find a lower rate quote, ensure there is no coverage lapse between policies.

Fourth, notify your current company to cancel your current auto insurance policy and submit payment and a completed application to your new agent or company. As soon as you receive it, keep the new certificate of insurance with your vehicle's registration.

A good tip to remember is that you use identical coverages on each price quote and and to look at as many companies as feasibly possible. This enables an accurate price comparison and a complete rate analysis.

Informed Drivers Can Reduce Insurance Rates

An important part of buying insurance is that you know a few of the rating criteria that aid in calculating the rates you pay for car insurance. When you know what positively or negatively influences your rates, this allows you to make educated decisions that may reward you with cheaper rates.

  • More mileage equals more premium - The more miles you rack up on your Ford in a year the more you'll pay to insure your vehicle. Most insurance companies calculate prices based upon how the vehicle is primarily used. Autos used primarily for pleasure use qualify for better rates than vehicles that are driven to work every day. It's a good idea to make sure your policy properly reflects the correct usage. Incorrect rating for your Taurus can result in significantly higher rates.
  • Car features that lower car insurance rates - Choosing a vehicle with anti-theft technology or alarm system can get you a discount on your car insurance. Advanced theft deterrents such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all help prevent auto theft and help lower rates.
  • Poor credit decisions can cost you - Your credit rating factor in calculating your car insurance rates. Insureds with excellent credit scores tend to be less risk to insure than drivers with lower ratings. If your credit is not that good, you could be paying less to insure your Ford Taurus if you improve your credit rating.
  • Your job may affect rates - Do you work in a high-stress field? Occupations like judges, social workers, and miners tend to pay higher average rates due to intense work-related stress and long work days. Conversely, occupations like farmers, students and retirees generally pay rates lower than average.
  • Reduce premiums by driving cars with good safety ratings - Safe vehicles get lower rates. Highly rated vehicles reduce the chance of injuries and lower rates of occupant injuries translates directly to fewer claims and cheaper rates on your policy. If the Ford Taurus earned at least four stars on or an "acceptable" rating on you may be receiving a better rate.
  • Liability coverage - The liability coverage on your policy is the coverage that protects you in the event that you are responsible for personal injury or accident damage. Liability provides legal defense coverage which can cost a lot. Liability insurance is pretty cheap compared to physical damage coverage, so buy as much as you can afford.
  • Youthful vs. older drivers - Drivers with little experience are statistically proven to be inattentive and easily distracted when driving with friends so car insurance rates are higher. Having to add a first-time driver to your policy can really hurt. More mature drivers are viewed as being more responsible, cause fewer claims and accidents, and are safer drivers.

    The next chart uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

  • Loss probability for a Ford Taurus - Auto insurance companies take into consideration historical loss data for every vehicle to help calculate premium rates. Vehicles that tend to have increased losses will cost more for coverage. The next table illustrates the historical loss data for Ford Taurus vehicles.

    For each type of coverage, the claim probability for all vehicles compiled together is set at 100. Percentages below 100 are indicative of better than average losses, while values that are above 100 indicate more frequent claims or a tendency for losses to be larger than average.

    Insurance Loss Ratings for Ford Taurus Vehicles
    Vehicle Make and 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
    Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

The best way to compare rate quotes for Ford Taurus insurance in Columbus is to know the trick auto insurance companies actually pay money for the chance to give rate comparisons. To start a quote, the only thing you need to do is provide the companies a bit of rating information such as the make and model of your vehicles, how you use your vehicles, driver ages, and how much education you have. Your information is submitted instantly to many different companies and you receive quotes within a short period of time.

To find lower cheaper Ford Taurus insurance rates now, click here then complete the form.

The companies shown below are ready to provide quotes in Columbus, OH. If the list has multiple companies, it's highly recommended you visit as many as you can to get the lowest price.

Analysis of coverages

The premium table displayed below covers detailed analysis of policy rates for Ford Taurus models. Learning more about how insurance premiums are figured can help guide drivers when making decisions when shopping around.

Ford Taurus Insurance Rates in Columbus, OH
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $124 $198 $214 $12 $64 $612 $51
Taurus SEL $138 $234 $214 $12 $64 $662 $55
Taurus SEL AWD $138 $234 $214 $12 $64 $662 $55
Taurus Limited $138 $234 $214 $12 $64 $662 $55
Taurus Limited AWD $138 $268 $214 $12 $64 $696 $58
Taurus SHO AWD $152 $268 $214 $12 $64 $710 $59
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Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Price estimates do not factor in vehicle location which can raise or lower price quotes noticeably.

Raise deductibles and save

One of the most common car insurance questions is how high should the deductibles for physical damage be. The tables below show the rate difference between low and high insurance deductibles. The first set of prices uses a $250 physical damage deductible and the second data table uses a $1,000 deductible.

Ford Taurus insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $198 $296 $226 $14 $68 $827 $69
Taurus SEL $220 $348 $226 $14 $68 $901 $75
Taurus SEL AWD $220 $348 $226 $14 $68 $901 $75
Taurus Limited $220 $348 $226 $14 $68 $901 $75
Taurus Limited AWD $220 $400 $226 $14 $68 $953 $79
Taurus SHO AWD $244 $400 $226 $14 $68 $977 $81
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Ford Taurus insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $122 $186 $226 $14 $68 $616 $51
Taurus SEL $136 $220 $226 $14 $68 $664 $55
Taurus SEL AWD $136 $220 $226 $14 $68 $664 $55
Taurus Limited $136 $220 $226 $14 $68 $664 $55
Taurus Limited AWD $136 $252 $226 $14 $68 $696 $58
Taurus SHO AWD $150 $252 $226 $14 $68 $710 $59
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Rates do not factor in vehicle garaging location which can change prices considerably.

Based on the data above, we can derive that using a $250 deductible could cost the average driver approximately $20 more each month or $240 a year averaged for all Taurus models than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 38 months between claims, you would save money if you opt for a higher deductible.

How to calculate deductible break even point

Average monthly premium for $250 deductibles: $76
Average monthly premium for $1,000 deductibles (subtract): - $56
Monthly savings from raising deductible: $20
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $20
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 38 months

An important thing to remember is that a higher deductible means you will have to cover more of the damage yourself when you have a claim. You need enough disposable savings in the event you have to pay the higher deductible in order to repair your vehicle.

The chart below demonstrates how choosing different deductibles and can influence Ford Taurus insurance prices for different age categories. The premiums assume a married male driver, full physical damage coverage, and no additional discounts are factored in.

Accidents and violations increase rates

The diagram below illustrates how speeding tickets and fender-benders can increase Ford Taurus car insurance rates for different age categories. The prices are based on a single female driver, full physical damage coverage, $500 deductibles, and no additional discounts are factored in.

Ford Taurus insurance rates: Men versus women

The chart below illustrates the difference between Ford Taurus insurance costs for male and female drivers. The price estimates are based on a clean driving record, no claims, full physical damage coverage, $500 deductibles, drivers are single, and no policy discounts are applied.

Comparison of full coverage and liability-only policies

The example below shows the comparison of Ford Taurus premium costs with full physical damage coverage and with liability coverage only. The premiums are based on no claims or driving citations, $500 deductibles, single marital status, and no discounts are applied to the premium.

When to switch to liability coverage only

There is no set guideline to delete full coverage on your policy, but there is a general guideline. If the annual cost of comprehensive and collision coverage is 10% or more of the vehicle's replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let's pretend your Ford Taurus book value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $4,000 after paying your policy deductible. If premium cost is more than $400 annually for your policy with full coverage, then you may need to consider dropping full coverage.

There are some conditions where buying only liability insurance is not financially feasible. If you have an outstanding loan on your vehicle, you have to maintain full coverage to protect the lienholder's interest in the vehicle. Also, if you don't have enough money to buy a different vehicle if your current one is totaled, you should not consider dropping full coverage.

Why you need insurance for your Ford vehicle

Even though it can be expensive, buying auto insurance may be required and benefits you in several ways.

  • Most states have compulsory liability insurance requirements which means you are required to buy a specific minimum amount of liability insurance coverage in order to drive the car legally. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If you have a lien on your Ford, most lenders will stipulate that you buy full coverage to guarantee loan repayment. If you default on your policy, the bank may buy a policy for your Ford for a much higher rate and require you to reimburse them the higher premium.
  • Insurance safeguards both your car and your assets. It will also provide coverage for medical bills for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees in the event you are sued. If you have damage to your Ford as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.

The benefits of carrying enough insurance more than cancel out the cost, particularly when you have a large claim. According to a 2015 survey, the average American driver overpays as much as $830 a year so you should quote your policy with other companies once a year at a minimum to ensure rates are competitive.

Get cheap rates by taking advantage of discounts

Car insurance companies don't list every policy discount in an easy-to-find place, so the list below details a few of the more common as well as some of the hidden discounts that you may qualify for.Insurance discounts

  • Save with More Vehicles Insured - Purchasing coverage when you have all your vehicles on one policy can reduce rates for all insured vehicles.
  • Discounts for Responsible Drivers - Accident-free drivers may save up to 50% more compared to rates paid by drivers with frequent claims.
  • ABS and Traction Control Discounts - Cars that have anti-lock braking systems prevent accidents and the ABS can save up to 10%.
  • Accident Waiver - This one isn't a discount, but some insurance companies permit an accident without the usual rate increase with the catch being you have to be claim-free for a specific time period.
  • Good Student Discount - A discount for being a good student could provide a savings of up to 20% or more. Many companies even apply the discount to college students up until you turn 25.
  • Theft Deterrent System - Vehicles that have factory anti-theft systems prevent vehicle theft so companies will give you a small discount.
  • Discount for Home Ownership - Being a homeowner may trigger a policy discount on insurance since owning and maintaining a home is proof that your finances are in order.
  • Low Mileage - Low mileage vehicles can earn slightly better prices than normal.

As a sidenote, most discounts do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, you won't be that lucky. Any amount of discount will help lower the amount you pay for coverage.

The chart below visualizes the comparison of Ford Taurus insurance costs with and without discounts applied to the rates. The rates are based on a male driver, no tickets, no at-fault accidents, Ohio state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-car, safe-driver, multi-policy, and claim-free discounts applied.

A few popular companies and some of the discounts are shown below.

  • State Farm has savings for multiple policy, good driver, defensive driving training, Steer Clear safe driver discount, good student, safe vehicle, and accident-free.
  • GEICO offers discounts for federal employee, anti-theft, anti-lock brakes, membership and employees, and seat belt use.
  • Progressive may offer discounts for homeowner, multi-vehicle, online signing, multi-policy, and online quote discount.
  • 21st Century discounts include early bird, automatic seat belts, air bags, homeowners, student driver, and teen driver.
  • American Family may have discounts that include air bags, multi-vehicle, defensive driver, mySafetyValet, good student, Steer into Savings, and early bird.
  • The Hartford may include discounts for vehicle fuel type, defensive driver, driver training, air bag, and anti-theft.
  • AAA includes discounts for AAA membership discount, pay-in-full, anti-theft, multi-car, and education and occupation.

When getting free Columbus car insurance quotes, it's a good idea to all the companies the best way to save money. Discounts might not be offered everywhere.

Can't I compare prices from local Columbus insurance agencies?

Many people just prefer to buy from a licensed agent and that is just fine! One of the great benefits of getting free rate quotes online is that you can find cheaper premium rates but still work with a licensed agent.

By using this short form, your insurance data is transmitted to local insurance agents who will give competitive quotes for your coverage. You won't even need to contact any insurance agencies because quoted prices will be sent to you instantly. You'll get the best rates and a licensed agent to talk to. If you need to quote rates from one company in particular, you would need to find their quoting web page to submit a rate quote request.

Finding the right insurer shouldn't rely on just the price. These questions are important to ask:

  • Are you getting all the discounts the company offers?
  • Is the agency covered by Errors and Omissions coverage?
  • Are there any hidden costs in their price quote and does it include driving and credit history?
  • Who are their largest clients?
  • Which family members are covered?
  • How many years have they been established?

The type of auto insurance agent you choose is important

If you want to buy insurance from a reliable insurance agency, there are two types of agencies and how they can quote your rates. Insurance agencies in Columbus are categorized either exclusive or independent.

Exclusive Insurance Agencies

Exclusive agencies work for only one company and examples are Farmers Insurance, State Farm, or Allstate. These agents are unable to provide rate quotes from other companies so keep that in mind. Exclusive agents receive extensive training on their company's products which helps offset the inability to provide other markets. Drivers often buy from exclusive agents primarily because of high brand loyalty and the convenience of having all coverages with one company.

Shown below is a list of exclusive insurance agents in Columbus that can give you price quotes.

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Independent Agencies or Brokers

Agents of this type are not limited to a single company so they can write business through many companies enabling the ability to shop coverage around. If premiums increase, they simply switch companies in-house and you won't have to switch agencies.

When shopping rates, you should always get some free quotes from a few independent agents to ensure the widest selection of prices. They often place coverage with less well-known companies who may have lower rates.

Listed below is a list of independent insurance agents in Columbus willing to provide price quote information.

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When should I discuss my situation with an agent?

When selecting coverage online or from an agent for your personal vehicles, there really isn't a one size fits all plan. Every insured's situation is different.Safe vehicles cost less to insure

For instance, these questions may help you determine if your situation will benefit from professional help.

  • Do I need to call my car insurance company before buying a new car?
  • I have health insurance so do I need medical payments coverage?
  • Are rock chip repairs covered?
  • Do I get a pro-rated refund if I cancel my policy early?
  • What does medical payments cover?
  • Will filing a claim cost me more?
  • What does medical payments coverage do?
  • What does roadside assistance cover?
  • Which companies are cheaper for teen drivers?
  • What is high-risk coverage and where do I buy it?

If you're not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form.

A little work can save a LOT of money

When getting Columbus car insurance quotes online, don't be tempted to skimp on critical coverages to save a buck or two. There are too many instances where an insured cut uninsured motorist or liability limits and learned later they didn't have enough coverage. Your goal is to find the BEST coverage at a price you can afford, not the least amount of coverage.

A few companies may not have the ability to get quotes online and most of the time these small, regional companies only sell through independent agents. Cheaper insurance in Columbus is available online as well as from insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money.

We just showed you quite a bit of information on how to get a better price on Ford Taurus insurance in Columbus. The most important thing to understand is the more quotes you get, the better chance you'll have of finding low cost Columbus car insurance quotes. You may even be surprised to find that the best price on insurance is with a small local company.

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