The preferred way to find lower priced Mercury Sable insurance in Honolulu is to regularly compare quotes from companies in Hawaii.
First, spend a few minutes and learn about coverages and the things you can control to prevent high rates. Many policy risk factors that result in higher rates like getting speeding tickets and a low credit score can be controlled by making lifestyle changes or driving safer.
Second, obtain price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from a single company like Progressive or Allstate, while independent agencies can provide price quotes from multiple companies.
Third, compare the new rate quotes to your existing coverage and determine if cheaper Sable coverage is available in Honolulu. If you find a lower rate quote, make sure there is no coverage gap between policies.
An important part of this process is to compare the same deductibles and limits on every quote and and to get rate quotes from as many different insurance providers as possible. Doing this provides a fair rate comparison and the best price quote selection.
Amazingly, a recent NerdWallet.com study showed that the vast majority of drivers have remained with the same auto insurance company for more than four years, and just short of a majority have never taken the time to shop around. Hawaii drivers could cut their rates by about $360 a year just by comparing rates, but they just feel it’s too hard to shop their coverage around.
It’s important to know that quoting more will increase your chances of finding the best rates. Not every company allows you to get price estimates online, so it’s important to also get quotes on coverage from those companies, too.
The car insurance companies shown below are our best choices to provide free quotes in Hawaii. If multiple companies are listed, we suggest you visit two to three different companies to get the best price comparison.
Insurance does more than just protect your car
Even though it’s not necessarily cheap to insure a Mercury in Honolulu, insurance may be mandatory for several reasons.
First, most states have mandatory insurance requirements which means you are required to carry a minimum amount of liability in order to drive the car legally. In Hawaii these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a loan on your car, more than likely the lender will require you to have comprehensive coverage to protect their interest in the vehicle. If you default on your policy, the bank may insure your Mercury for a lot more money and require you to pay for the expensive policy.
Third, insurance safeguards both your vehicle and your assets. It will also provide coverage for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability insurance will also pay for a defense attorney if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will cover the damage repairs after a deductible is paid.
The benefits of buying insurance definitely exceed the cost, especially with large liability claims. According to a recent study, the average American driver is wasting up to $700 annually so we recommend shopping around at every renewal to ensure rates are inline.
Insurance coverage specifics
Having a good grasp of a insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy.
Liability car insurance – Liability coverage protects you from injuries or damage you cause to other people or property that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for damage to your own property or vehicle.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 20/40/10 which means $20,000 in coverage for each person’s injuries, $40,000 for the entire accident, and $10,000 of coverage for damaged property. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability insurance covers claims such as loss of income, funeral expenses and attorney fees. How much liability should you purchase? That is your choice, but you should buy as much as you can afford. Hawaii requires minimum liability limits of 20/40/10 but you should consider buying higher limits.
The chart below demonstrates why minimum state limits may not be high enough to cover claims.
Collision – This coverage pays for damage to your Sable resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as scraping a guard rail, sideswiping another vehicle, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible on your Sable in order to get cheaper collision rates.
Medical payments coverage and PIP – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for X-ray expenses, nursing services, rehabilitation expenses, ambulance fees and chiropractic care. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay
Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family and damage to your Mercury Sable.
Because many people carry very low liability coverage limits (Hawaii limits are 20/40/10), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time these limits are similar to your liability insurance amounts.
Comprehensive coverage – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims such as a tree branch falling on your vehicle, falling objects and hail damage. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
What is the best car insurance company in Hawaii?
Buying coverage from a good quality insurer can be rather challenging considering how many choices there are in Honolulu. The company ratings shown below may help you pick which providers you want to consider when shopping around.
Top 10 Honolulu Car Insurance Companies Overall
- American Family
- State Farm
- The Hartford
- AAA Insurance
- Liberty Mutual
Top 10 Honolulu Car Insurance Companies Ranked by Claims Service
- State Farm
- AAA Insurance
- Liberty Mutual
- The Hartford
- Farmers Insurance