Lower Your 2010 Lincoln MKT Car Insurance Rates

Buyers have lots of choices when searching for affordable Lincoln MKT insurance. They can either waste time contacting agents to compare prices or save time using the internet to make rate comparisons. There are both good and bad ways to buy auto insurance so we’re going to tell you the quickest way to price shop coverage for a new or used Lincoln and locate the best price possible either online or from local insurance agents.

You should take the time to get comparison quotes yearly because rates trend upward over time. Even if you got the lowest premium rates on MKT coverage two years ago a different company probably has better prices today. Forget all the misinformation about auto insurance because it’s time to teach you the things you must know in order to lower your annual insurance bill.

If you have a policy now or need new coverage, you can learn to find better prices while maximizing coverage. The purpose of this post is to teach you how car insurance quotes work and some money-saving tips. Drivers only need to know the tricks to buy auto insurance over the internet.

First Step: Get free auto insurance quotes

Most of the larger companies such as Geico, State Farm and Progressive allow consumers to get prices direct online. Doing online price comparisons doesn’t take a lot of time as you just enter your coverage information into the form. Behind the scenes, the system orders your credit score and driving record and gives you a price quote based on the information you submitted.

This helps simplify price comparisons, but having to visit a lot of sites and type in the same information can be a bit tiresome and repetitive. But it’s very important to do this if you want to find better prices.

The preferred way to locate the lowest prices requires only one form that gets prices from several companies at one time. It’s a real time-saver, requires less work, and makes comparison shopping a little more enjoyable. After sending your information, it is quoted and you can select any one of the quote results. If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. The entire process can be completed in a matter of minutes and could lower your rates considerably.

To use this form to compare rates, click here to open in new window and submit your coverage information. If you currently have coverage, we recommend you type in exactly as shown on your declarations page. Doing this guarantees you will have rate quotes using the exact same coverages.

Save $419 a year? Really?

Consumers can’t escape the ads that claim the cheapest car insurance rates by companies like Geico, State Farm and Progressive. They all seem to advertise claims about saving some big amount if you move your policy.

How is it plausible that every one can make almost identical claims? Just pay attention to how they say it.

Different companies have specific characteristics for the driver that will add to their bottom line. An example of a profitable customer may need to be between the ages of 30 and 50, has no driving citations, and chooses high deductibles. Any new insured that matches those criteria will most likely get cheap car insurance rates and will most likely save when they switch companies.

Insureds who don’t qualify for those criteria will probably be forced to pay a more expensive rate which usually ends up with the customer not purchasing. If you pay close attention to the ads, they say “customers that switch” but not “everyone who gets a quote” save that much. That’s why companies can lure you into getting a quote. Because of this risk profiling, you need to compare many company’s prices. You cannot predict which company will have the lowest rates.

Find hidden discounts to get affordable car insurance rates

Buying car insurance is not cheap, but companies offer discounts that you may not even know about. Certain credits will be shown at the time of purchase, but occassionally some discounts must be asked for prior to receiving the credit.

  • Paperwork-free – Many larger companies give back up to $50 for completing your application digitally online.
  • Accident Free – Insureds with no claims or accidents pay much less as opposed to insureds who have frequent claims or accidents.
  • Driver Safety – Completing a course teaching defensive driver skills may get you a small discount and also improve your driving technique.
  • Discounts for Good Drivers – Safe drivers can save up to 40% or more on their insurance coverage quote on MKT coverage than drivers with accidents.
  • Membership in Organizations – Belonging to qualifying employment or professional organizations is a simple method to lower premiums on car insurance.

Please keep in mind that some credits don’t apply to the entire policy premium. Most cut individual premiums such as medical payments or collision. So even though they make it sound like you would end up receiving a 100% discount, companies wouldn’t make money that way.

A few of the larger companies and a summarized list of policyholder discounts are included below.

  • Progressive discounts include continuous coverage, online signing, homeowner, multi-policy, and online quote discount.
  • SAFECO offers discounts including anti-theft, safe driver, accident prevention training, bundle discounts, and drive less.
  • American Family offers premium reductions for mySafetyValet, air bags, bundled insurance, defensive driver, early bird, and multi-vehicle.
  • MetLife offers discounts for accident-free, claim-free, good student, defensive driver, multi-policy, good driver
  • Geico has discounts for air bags, federal employee, military active duty, membership and employees, and good student.
  • The Hartford may include discounts for good student, defensive driver, vehicle fuel type, anti-theft, driver training, bundle, and air bag.

When quoting, ask all companies you are considering which discounts can lower your rates. Discounts might not apply in your state.

Tailor your insurance coverage to you

When buying the best insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For example, these questions may help you determine if your insurance needs would benefit from professional advice.

  • Am I covered if hit by an uninsured driver?
  • What discounts do I qualify for?
  • What can I do if my company won’t pay a claim?
  • Do I need motorclub coverage?
  • Does coverage extend to my business vehicle?
  • Am I covered by my spouse’s policy after a separation?
  • Does insurance cover damages from a DUI accident?
  • Should I have combined single limit or split liability limits?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.

Insurance coverages 101

Knowing the specifics of a insurance policy helps when choosing which coverages you need for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement.

Comprehensive coverage – This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hitting a bird, falling objects, rock chips in glass, a tree branch falling on your vehicle and a broken windshield. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as nursing services, doctor visits and prosthetic devices. They are used in conjunction with a health insurance plan or if you do not have health coverage. They cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Liability coverage – This protects you from injuries or damage you cause to other’s property or people that is your fault. It protects you against claims from other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability can pay for things like medical services, repair costs for stationary objects and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as damage to your 2010 Lincoln MKT.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Collision coverages – Collision insurance will pay to fix damage to your MKT resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as damaging your car on a curb, hitting a mailbox, crashing into a ditch and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

In the end, you save

The cheapest 2010 Lincoln MKT insurance is attainable online and also from your neighborhood agents, and you should compare price quotes from both to get a complete price analysis. Some companies do not offer price quotes online and these small, regional companies only sell coverage through local independent agents.

People who switch companies do it for many reasons like lack of trust in their agent, policy cancellation, delays in paying claims and even unfair underwriting practices. Whatever your reason, finding a great new company can be pretty painless.

When shopping online for insurance coverage, it’s a bad idea to sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice liability limits or collision coverage only to find out that their decision to reduce coverage ended up costing them more. The goal is to buy enough coverage at the lowest possible cost while still protecting your assets.

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