Insurance Question

[Quasar3210]

Ok, This is an off the wall question but I am curious.
I know on the 2003 Marauders they didn't get their own vin codes so they show up as Grand Marquis' on the title and insurance. In 2004 it got its own vin code.

My question to you guys is. Is there a drastic difference in insurance cost between a 2003 and a 2004 due to the vin code, Or is it pretty much negligible?

[Ms. Denmark]

We have one of each year and found that the insurance company has figured out what the V in the VIN stands for.(Marauder) The '03 is slightly less to insure. (because it's an older car.)

[Quasar3210]

is V the engine code for the 4 valve?? About the only thing I can think of that would make a difference.

[Ms. Denmark]

is V the engine code for the 4 valve?? About the only thing I can think of that would make a difference.
Yes, it designates the engine type.

[fastblackmerc]

Ok, This is an off the wall question but I am curious.
I know on the 2003 Marauders they didn't get their own vin codes so they show up as Grand Marquis' on the title and insurance. In 2004 it got its own vin code.

My question to you guys is. Is there a drastic difference in insurance cost between a 2003 and a 2004 due to the vin code, Or is it pretty much negligible?

Good question to ask your insurance agent........ :D

[71cyclone]

Good question to ask your insurance agent........ :D
Liberty mutual recognised the vin difference with the 2004 and charged me accordingly [ a few buckz over the marquis ]:burnout:

[Bluerauder]

We have one of each year and found that the insurance company has figured out what the V in the VIN stands for.(Marauder) The '03 is slightly less to insure. (because it's an older car.)


is V the engine code for the 4 valve?? About the only thing I can think of that would make a difference.

Correct ^^^^. The insurance companies know it is a performance vehicle. The 8th position "V" in the VIN sequence designates it as a 4.6L V8 DOHC 302 HP. Should be NO difference between '03 and '04 from an insurance perspective other than 1 year in age.

[Wattman1]

My insurance company list her has a GM! :banana2::banana2::banana2:

[justbob]

My insurance company list her has a GM! :banana2::banana2::banana2:
That could spell trouble for you in the time of need for a difference of probably $1.50 a month.. I'd get that fixed.

Tom, Back in '04 when I bought her slightly used, I nagged my state farm agent for a couple months before they finally said they made contact with Ford and figured it out. Zero additional charge.

[Wattman1]

That could spell trouble for you in the time of need for a difference of probably $1.50 a month.. I'd get that fixed.

They assigned the model based on the VIN and their naming system. No deception or shell games on my part. I have 5 insured cars and >16 years with the same company. I doubt they'd leave me high and dry in a time of need. I'm not worried at all. :beer:

[Mr. Man]

They assigned the model based on the VIN and their naming system. No deception or shell games on my part. I have 5 insured cars and >16 years with the same company. I doubt they'd leave me high and dry in a time of need. I'm not worried at all. :beer:
I wouldn't take that bet. Insurance Co's are in business to make money not be your friend. If they can pay out a smaller settlement to you than you think is fair they will.

I've found shopping the different insurance companies every 5-6 years can save me a lot of money.:)

[92BlackGT]

with USAA the Marauder came up as a Grand Marquis but I just switched to Farmers and it comes up as 'G. Marq. 4D Mara'. Interesting thing is with both companies, the Marauder is cheaper for insurance than my '03 Nissan Maxima SE was with 120k miles on it.

[Juice]

with USAA the Marauder came up as a Grand Marquis but I just switched to Farmers and it comes up as 'G. Marq. 4D Mara'. Interesting thing is with both companies, the Marauder is cheaper for insurance than my '03 Nissan Maxima SE was with 120k miles on it.

USAA recognizes the Marauder. Although, I was just on the phone with them for a policy update and the girl had to Google the car because she didn't know what it was. :D

[Wattman1]

I wouldn't take that bet. Insurance Co's are in business to make money not be your friend. If they can pay out a smaller settlement to you than you think is fair they will.

I've found shopping the different insurance companies every 5-6 years can save me a lot of money.:)

I have USAA. They aren't in the business if screwing their loyal customers. They are THE BEST company I have ever dealt with in regards to customer service. I'm not worried at all....

[Wattman1]

with USAA the Marauder came up as a Grand Marquis but I just switched to Farmers and it comes up as 'G. Marq. 4D Mara'. Interesting thing is with both companies, the Marauder is cheaper for insurance than my '03 Nissan Maxima SE was with 120k miles on it.


Same for me. Doesn't matter anyway in regards to premiums. After my primary vehicle (a 2004 Lincoln TC), the Marauder, the 04 F150 FX4 and the Lexus RX350 are all the same premium. I think after a certain point, longevity / loyalty as a customer, credit score and driving / claim record become the deciding or controlling factors as far as premiums go. I dont think it's necessarily the make or model of car you drive.

[Wattman1]

USAA recognizes the Marauder. Although, I was just on the phone with them for a policy update and the girl had to Google the car because she didn't know what it was. :D

That's odd. They have mine down as a GM.

[Bluerauder]

I have USAA. They aren't in the business if screwing their loyal customers. They are THE BEST company I have ever dealt with in regards to customer service. I'm not worried at all....

I have been a member of USAA for the past 40 years and have several vehicles and driver combinations on my policy. I agree with ^^^^^ the above comment on USAA's customer service. Quick, efficient and never a problem or dispute in all of those 40 years.

Bought a new 2012 Ford Taurus SHO on 20 Feb and got home late. Called USAA the next morning to add to my policy even though I was covered as soon as I drove it off the lot. Added the car to the policy in about 5 minutes on the phone. Could have done it via Internet. After I hung up, I had my USAA Insurance cards for the new car by e-mail in 5 minutes more. BTW -- every year I get a "rebate" of my premium. This year was $250. Some years it is as high as $500-600 depending on their company-wide claim experience over the year.


Same for me. Doesn't matter anyway in regards to premiums. After my primary vehicle (a 2004 Lincoln TC), the Marauder, the 04 F150 FX4 and the Lexus RX350 are all the same premium. I think after a certain point, longevity / loyalty as a customer, credit score and driving / claim record become the deciding or controlling factors as far as premiums go. I dont think it's necessarily the make or model of car you drive.

There are many factors that go into calculating your insurance premium. The make/model and year of the car are but one factor. Driver age, sex and accident experience are big contributors. Location is also another factor. So is the use in pleasure, work/school, occasional and the number of miles per day. The level of your deductible is factored in as well as the level of coverage for Comprehensive, Collision, and Liability. There's a premium add-on for towing or rental car coverage. There are premium offsets for safety features, good driver experience, DRLs, On-Star, etc.

USAA used to show a code on the policy for each car-driver combination (i.e. it was about a 10-digit code sort of like a VIN) that identified much of the info above. I have not been seeing those codes on new policies. They are probably still used .... just not shown on the papers.

It is difficult to compare insurance premiums without also looking at the above factors individually.

If I had to guess, I would say that age, sex and accident experience of the driver have the MOST impact on premiums.

I suspect that the sex of the driver has far less impact than it used to. Many years ago, girl's/women's insurance premiums were about half that of a guy. Over the past 40 years, the female sex has demonstrated that they can be just as aggressive, irresponsible, poor drivers and bad accident risks as young guys. Now the rates are about equal. Score another one for equality.