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.

Discount Mercury Mariner insuranceReally, 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.Discount car insurance

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:

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.

Mercury Mariner Insurance Rates in Minneapolis, MN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Mariner 2WD $172 $268 $304 $18 $92 $854 $71
Mariner Premier 2WD $172 $326 $304 $18 $92 $912 $76
Mariner AWD $172 $326 $304 $18 $92 $912 $76
Mariner Hybrid 2WD $172 $384 $358 $22 $108 $1,044 $87
Mariner Premier AWD $194 $326 $304 $18 $92 $934 $78
Mariner Hybrid AWD $194 $384 $358 $22 $108 $1,066 $89
Get Your Own Custom Quote Go

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.

Mercury Mariner insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Mariner 2WD $272 $406 $270 $16 $80 $1,069 $89
Mariner Premier 2WD $272 $492 $270 $16 $80 $1,155 $96
Mariner AWD $272 $492 $270 $16 $80 $1,155 $96
Mariner Hybrid 2WD $272 $580 $318 $18 $94 $1,307 $109
Mariner Premier AWD $308 $492 $270 $16 $80 $1,191 $99
Mariner Hybrid AWD $308 $580 $318 $18 $94 $1,343 $112
Get Your Own Custom Quote Go

Mercury Mariner insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Mariner 2WD $152 $214 $270 $16 $80 $732 $61
Mariner Premier 2WD $152 $260 $270 $16 $80 $778 $65
Mariner AWD $152 $260 $270 $16 $80 $778 $65
Mariner Hybrid 2WD $152 $306 $318 $18 $94 $888 $74
Mariner Premier AWD $170 $260 $270 $16 $80 $796 $66
Mariner Hybrid AWD $170 $306 $318 $18 $94 $906 $76
Get Your Own Custom Quote Go

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.

How to determine if raising deductibles makes sense

Average monthly premium for $100 deductibles: $100
Average monthly premium for $1,000 deductibles (subtract): – $68
Monthly savings from raising deductible: $32
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 28 months

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.