How to Compare Cleveland Mercury Mariner Insurance

Want to know an easy way to compare more competitive Mercury Mariner insurance in Cleveland? Having to pay for pricey Mercury Mariner insurance in Cleveland can bleed your bank account and possibly require you to analyze your spending habits.

A recent car insurance study revealed that over 70% of drivers have stayed with the same insurance company for well over three years, and just short of a majority have never taken the time to shop around. With the average premium in Ohio being $1,300, drivers can cut their rates by roughly 55% a year just by getting comparison quotes, but they don’t know how much money they would save if they just switched companies.

With so many online and local companies to choose from, it can be hard to find the right car insurance provider.

It’s smart to take a look at other company’s rates every six months because car insurance prices change frequently. Despite the fact that you may have had the best quotes on Mercury Mariner insurance in Cleveland a couple years back a different company probably has better rates today. Block out anything you think you know about car insurance because you’re about to find out one of the quickest ways to lower your rates without sacrificing coverage.

Our goal in writing this article instruct you on how to get online quotes and some tricks to saving. If you are insured now, you will definitely be able to reduce premiums using this strategy. Although Ohio car owners benefit from understanding how big insurance companies market insurance on the web because it can help you find the best coverage.

What Determines Mercury Mariner Insurance Rates?

Many different elements are used in the calculation when you quote your car insurance policy. A few of the factors are predictable like your driving record, but others are less obvious such as your credit history or your commute time. A large part of saving on insurance is knowing a few of the rating criteria that aid in calculating the price you pay for insurance. If you have a feel for what controls the rates you pay, this allows you to make educated decisions that will entitle you to lower premium levels.

Listed below are some of the factors used by companies to determine prices.

• Men pay more for auto insurance – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. That doesn’t necessarily mean that males are worse at driving than females. Both genders cause auto accidents at about the same rate, but the males have accidents that have higher claims. They also receive more costly citations like DWI (DUI) or reckless driving.

  The illustration below compares Mercury Mariner insurance prices for male and female drivers. The rates are based on no violations or claims, comprehensive and collision coverage, $1,000 deductibles, single status, and no discounts are applied.

• Insure car and home with the same company – Most major companies will award discounts to clients that purchase more than one policy such as combining an auto and homeowners policy. This can amount to anywhere from five to ten percent in most cases. Even with this discount, you may still want to compare other company rates to guarantee you are still saving the most.

• Insurance rates and age – Older people are viewed as being more responsible, tend to file fewer claims, and tend to be get fewer driving tickets. Inexperience drivers are known to be less responsible when behind the wheel so they pay higher insurance rates.

  The data below is based on a single driver, full coverage with $250 deductibles, and no discounts or violations.

• Liability coverage is peace of mind – A critical coverage on your policy, liability insurance will afford coverage if a jury decides you are liable for causing damage or personal injury in an accident. Your liability coverage provides for a legal defense starting from day one. Liability is cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.

• Rates increase with driving citations – Having a single driving citation can boost insurance rates forty percent or more. Good drivers get better rates as compared to those with violations. Drivers unfortunate enough to have license-revoking violations like DWI, reckless driving or hit and run convictions may find that they have to to prove financial responsibility with the DMV in their state in order to legally drive.

  The diagram below shows how violations and at-fault fender-benders drive up Mercury Mariner insurance premiums for each different age category. The costs are based on a single male driver, full coverage, $500 deductibles, and no other discounts are factored in.

Mercury Mariner insurance analysis

The price information displayed below outlines a range of insurance costs for Mercury Mariner models. Knowing how insurance policy premiums are determined can be of help when making decisions on which coverage to buy.

Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Information does not factor in zip code location which can revise coverage prices considerably.

Deductible analysis

A question often asked by Cleveland drivers is which deductible level should you buy. The tables below lay out the differences in premium rates when you buy lower versus higher policy deductibles. The first set of prices uses a $100 physical damage coverage deductible and the second rate chart uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Price estimates do not factor in Cleveland location which can alter insurance rates considerably.

Based on the above data, using a $100 deductible will cost in the ballpark of $17 more each month or $204 for a full year than opting for the higher $500 deductible. Since the policyholder would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 24 months between claim filings, you would save more money if you elect the higher deductible.

Do you need full coverage?

The illustration below visualizes the comparison of Mercury Mariner car insurance rates with and without physical damage coverage. The premiums assume no violations or accidents, $250 deductibles, drivers are not married, and no discounts are taken into consideration.

When to eliminate full coverage

There is no clear-cut rule of when to eliminate comp and collision coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than around 10% of the replacement cost minus the deductible, then you may need to consider dropping full coverage.

For example, let’s say your Mercury Mariner replacement cost is $3,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would get paid by your company is $2,000 after paying your policy deductible. If you are paying in excess of $200 annually for full coverage, then it could be time to drop full coverage.

There are some conditions where only buying liability is not a good plan. If you still have a loan on your vehicle, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should maintain full coverage.

Insurance policy discounts for Mercury Mariner insurance in Cleveland

Car insurance is not cheap, but there may be some discounts that may help make it more affordable. Most are applied at the time of purchase, but occasionally some discounts must be specifically requested prior to receiving the credit.

• Multi-car Discount – Buying a policy with several vehicles with the same company may reduce the rate for each vehicle.
• Bundle and Save – If you can bundle your home and auto insurance with one company you will save up to 20% and get you affordable Mercury Mariner insurance rates in Cleveland.
• Memberships – Belonging to a professional or civic organization could trigger savings on your policy.
• Drive Safe and Save – Accident-free drivers can save as much as half off their rates compared to accident prone drivers.
• Distant College Student Discount – Youth drivers who live away from home to go to college without a vehicle on campus can receive lower rates.
• 55 and Retired – Drivers that qualify as senior citizens may receive a slight reduction on a Cleveland auto insurance quote.
• Discount for Low Mileage – Low annual miles can qualify you for lower premium rates on the low mileage vehicles.

One thing to note about discounts is that some credits don’t apply to the overall cost of the policy. Most only cut individual premiums such as liability and collision coverage. Even though it appears it’s possible to get free car insurance, it just doesn’t work that way.

The example below illustrates the difference between Mercury Mariner car insurance costs with and without discounts applied to the premium. The costs are based on a male driver, a clean driving record, no claims, Ohio state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-car, multi-policy, claim-free, and marriage discounts applied.

If you would like to view insurers that provide some of the discounts listed above in Ohio, follow this link.

Ohio auto insurance companies ranked

Insuring your vehicle with the highest-rated car insurance provider is difficult considering how many different companies sell coverage in Cleveland. The company rank data listed below could help you choose which coverage providers to look at purchasing from.

Top 10 Cleveland Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 92%
2. Erie Insurance – 88%
3. American Family – 88%
4. State Farm – 88%
5. Nationwide – 88%
6. 21st Century – 88%
7. AAA Insurance – 87%
8. Liberty Mutual – 87%
9. Farmers Insurance – 87%
10. The Hartford – 87%

Top 10 Cleveland Car Insurance Companies Ranked by Customer Service

1. Mercury Insurance
2. Nationwide
3. State Farm
4. Safeco Insurance
5. American Family
6. Titan Insurance
7. Travelers
8. Liberty Mutual
9. GEICO
10. Erie Insurance

A conclusion for your car insurance search

As you restructure your insurance plan, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice liability coverage limits and discovered at claim time that it was a big mistake. Your objective should be to get the best coverage possible at the best possible price, but don’t skip important coverages to save money.

Cost effective Mercury Mariner insurance can be found on the web and from local agencies, and you need to price shop both in order to have the best chance of saving money. Some car insurance companies don’t offer price quotes online and these small, regional companies only sell through independent insurance agencies.

How to find the cheapest rates for Mercury Mariner insurance in Cleveland

If you want to save money, the best way to get low-cost Mercury Mariner insurance in Cleveland is to start comparing rates regularly from insurance carriers that sell auto insurance in Ohio. Rate comparisons can be done by following these steps.

1. Read and learn about how insurance companies determine prices and the steps you can take to prevent rate increases. Many policy risk factors that cause high rates such as accidents, traffic violations, and a less-than-favorable credit score can be controlled by making minor driving habit or lifestyle changes.
2. Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from one company like Progressive or State Farm, while independent agents can provide prices from many different companies.
3. Compare the price quotes to the premium of your current policy to see if switching to a new carrier will save money. If you find a lower rate quote and make a switch, make sure coverage does not lapse between policies.

An important note is to make sure you’re comparing the same deductibles and limits on every quote request and and to get quotes from every company you can. This ensures a fair price comparison and the best rate selection.

To learn more, link through to these articles:

• Safety Tips for Teen Drivers (Insurance Information Institute)
• Who Has Affordable Cleveland Auto Insurance for a Nissan Rogue? (FAQ)
• What Auto Insurance is Cheapest for Used Cars in Cleveland? (FAQ)
• Who Has Cheap Auto Insurance for a 20 Year Old Female in Cleveland? (FAQ)
• Credit Impacts Car Insurance Rates (State Farm)
• Top Signs Your Brakes are Giving Out (State Farm)
• Coverage Information (Progressive Insurance)
• What does Personal Injury Protection (PIP) Cover? (Allstate)