Auto Insurance Quotes for a Ford Taurus in San Francisco

Discount Ford Taurus insuranceIt’s amazing but the vast majority of auto insurance customers in California kept their coverage with the same auto insurance company for at least the last four years, and virtually 40% of consumers have never shopped around. With the average auto insurance premium being $1,847, American drivers could cut their rates by nearly $860 a year, but they don’t know the benefits if they changed companies.

If saving money is your primary concern, then the best way to get more affordable Ford Taurus insurance is to make a habit of regularly comparing prices from insurance carriers that sell auto insurance in San Francisco.

The critical component of shopping around is that you’ll want to make sure you compare the same liability limits and deductibles on every price quote and and to get prices from as many auto insurance providers as possible. This helps ensure a fair price comparison and the best price selection.

Rate information and statistics

The premium information displayed below outlines estimates of insurance costs for Ford Taurus models. Having insight into how insurance prices are determined can benefit drivers when making decisions on which coverage to buy.

Ford Taurus Insurance Rates in San Francisco, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $334 $584 $424 $26 $126 $1,494 $125
Taurus SEL $372 $688 $424 $26 $126 $1,636 $136
Taurus SEL AWD $372 $688 $424 $26 $126 $1,636 $136
Taurus Limited $372 $688 $424 $26 $126 $1,636 $136
Taurus Limited AWD $372 $792 $424 $26 $126 $1,740 $145
Taurus SHO AWD $412 $792 $424 $26 $126 $1,780 $148
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Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Premium costs do not factor in your specific San Francisco location which can change price quotes substantially.

Physical damage deductibles

One of the more difficult decisions when buying insurance is what deductibles to buy. The following tables can help show the difference in cost between high and low coverage deductibles. The first set of prices uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $1,000 deductible.

Ford Taurus insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $386 $576 $442 $26 $132 $1,587 $132
Taurus SEL $430 $678 $442 $26 $132 $1,733 $144
Taurus SEL AWD $430 $678 $442 $26 $132 $1,733 $144
Taurus Limited $430 $678 $442 $26 $132 $1,733 $144
Taurus Limited AWD $430 $780 $442 $26 $132 $1,835 $153
Taurus SHO AWD $474 $780 $442 $26 $132 $1,879 $157
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Ford Taurus insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Taurus SE $238 $362 $442 $26 $132 $1,200 $100
Taurus SEL $266 $426 $442 $26 $132 $1,292 $108
Taurus SEL AWD $266 $426 $442 $26 $132 $1,292 $108
Taurus Limited $266 $426 $442 $26 $132 $1,292 $108
Taurus Limited AWD $266 $490 $442 $26 $132 $1,356 $113
Taurus SHO AWD $292 $490 $442 $26 $132 $1,382 $115
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Table data does not factor in garaging location in San Francisco which can increase or decrease insurance rates significantly.

Based on this data, using a $250 deductible could cost the average driver approximately $37 more each month or $444 every year across all Ford Taurus models than requesting the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you have more than 20 months between claims, you would more than likely save some money if you choose a higher deductible. The table below illustrates how you can come to your own conclusion.

Average monthly premium for $250 deductibles: $146
Average monthly premium for $1,000 deductibles (subtract): – $109
Monthly savings from raising deductible: $37
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $37
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

The example below shows how different deductible levels and can raise or lower Ford Taurus insurance costs for each different age group. The prices are based on a married female driver, full physical damage coverage, and no discounts are taken into consideration.

Insurance rates by age and gender

The illustration below shows the comparison of Ford Taurus premium costs for male and female drivers. The data assumes a clean driving record, no at-fault accidents, full physical damage coverage, $250 deductibles, marital status is single, and no policy discounts are applied.

Liability only or full coverage

The illustration below shows the difference between Ford Taurus yearly insurance costs when comparing full coverage to state minimum liability only. The costs are based on a clean driving record, no claims, $500 deductibles, drivers are not married, and no discounts are taken into consideration.

When to drop comprehensive and collision coverage

There is no clear-cut rule to delete physical damage insurance, but there is a guideline you can use. If the yearly cost for physical damage 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 say your Ford Taurus replacement cost is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after the policy deductible has been paid. If you are currently paying more than $200 annually for full coverage, then you may want to consider only buying liability coverage.

There are a few cases where buying only liability insurance is not a good plan. If you haven’t satisfied your loan, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage in place.

Smart Consumers Can Cut Their Insurance Premiums

Smart consumers have a good feel for some of the factors that play a part in calculating the level of your policy premiums. When consumers understand what determines base rates, this allows you to make good choices that can help you get big savings. Lots of things are part of the calculation when quoting car insurance. Most are fairly basic such as your driving history, although others are more transparent such as your credit history or how financially stable you are.

Drive fewer miles and save – The higher the mileage driven every year the more it will cost to insure it. Most companies rate vehicles based upon how much you drive. Cars that do not get driven very much receive better premium rates than cars that get driven a lot. An incorrectly rated Taurus may be costing you. Verify your car insurance coverage reflects annual mileage.

Deter car thieves – Choosing to buy a car that has an advanced theft prevention system can help bring down rates. Systems that thwart thieves such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent vehicle theft.

Car and home together may be cheaper – Most major car insurance companies will give a discount for people who buy several policies from them in the form of a multi-policy discount. The discount can add up to ten percent or more. Even with this discount applied, drivers will still want to shop around to make sure you are getting the best deal.

Safer vehicles cost less to insure – Cars with high safety ratings tend to be cheaper to insure. Vehicles built for safety have better occupant injury protection and reduced instances of injuries translates into fewer and smaller insurance claims and thus lower rates. If your Ford Taurus is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.

Defend yourself with liability – Your policy’s liability coverage kicks in if you are determined to be liable for an accident. Liability insurance provides for a legal defense which can be incredibly expensive. It is affordable coverage compared to other policy coverages, so do not skimp.

Experienced drivers pay less – Older people are more responsible, statistically cause fewer accidents, and get fewer tickets. Beginning drivers are proven to be inattentive and easily distracted when driving with friends so they pay higher car insurance rates.

The chart below assumes a single driver, full coverage with $500 deductibles, and no discounts or violations.

Loss statistics for a Ford Taurus – Auto insurance companies take into consideration historical loss data for every vehicle to calculate a price that will offset losses. Vehicles that the data shows to have higher prevalence or dollar amount of losses will be charged more to insure.

The next table shows the historical loss data for Ford Taurus vehicles. For each insurance policy coverage type, the loss probability for all vehicles averaged together equals 100. Numbers that are below 100 imply a favorable loss record, while percentages above 100 point to more claims or an increased probability of a larger loss.

Insurance Loss Ratings for Ford Taurus Vehicles
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 rates come from being thorough

You just learned many tips how you can find cheaper Ford Taurus insurance in San Francisco. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best prices are with a small local company.

Insureds who switch companies do it for any number of reasons including delays in paying claims, denial of a claim, high prices or even poor customer service. It doesn’t matter what your reason, switching car insurance companies is actually quite simple.

When shopping online for car insurance, don’t be tempted to skimp on critical coverages to save a buck or two. There have been many cases where consumers will sacrifice comprehensive coverage or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your objective should be to purchase a proper amount of coverage at the best cost but still have enough coverage for asset protection.

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