Save on 2014 Lincoln MKS Insurance Rates

Searching for cheaper insurance rates for your Lincoln MKS? I can’t think of a single person who is fond of buying insurance, especially knowing they are paying too much.

Many car insurance companies vie for your insurance dollar, and because of this it can be hard to compare insurers to find the cheapest price

How much is insurance?

There are several ways to obtain and compare prices from different companies. By far the easiest way to find competitive 2014 Lincoln MKS insurance rates is to use the internet to compare rates. It is quite easy and can be accomplished using a couple different methods.

  1. The easiest and least time consuming way to find low rates is a comparison rater form click to view form in new window. This form keeps you from doing separate quotes for every company. A single, simple form gets insurance cost estimates from several companies.
  2. A more time consuming way to get quotes online consists of going to the website for each individual company and repeat the quote process. For examples sake, we’ll pretend you want to compare prices for Auto-Owners, Farmers and Progressive. You would have to navigate to each company’s site and type in your information over and over, which can be really labor intensive.

    For a handy list of car insurance company links in your area, click here.

  3. Even if you have time, the least recommended method to find cheaper rates is driving to and from local insurance agencies. Quoting online has reduced the need for local agents unless your situation requires the trained guidance of a local agency. Although, it is possible comparison shop online but buy the policy through an agent.

It’s up to you which method you use, but make sure you use exactly the same quote data with every price quote. If the quotes have different coverage information it will be nearly impossible to determine which rate is truly the best. Slightly different limits may result in a large different in cost. And when quoting insurance, remember that comparing a large number of companies helps locate the best rates.

More discounts mean affordable premiums

Insurance coverage is neither fun to buy or cheap, but discounts can save money and there are some available to reduce the price significantly. Larger premium reductions will be automatically applied when you complete an application, but occassionally some discounts must be asked about before being credited.

  • Active Military Service – Being deployed in the military could be rewarded with lower prices.
  • Mature Driver Discount – If you qualify as a senior citizen, you may qualify for a discount up to 10% for MKS insurance.
  • Bundled Policy Discount – When you combine your auto and homeowners insurance and insure them with the same company you could get a discount of over 10 percent off each policy depending on the company.
  • Multiple Cars – Insuring more than one vehicle with one company can reduce the rates for all insured vehicles.
  • Claim-Free Discount – Insureds who avoid accidents and claims pay less when compared to drivers who are more careless.
  • Buy New and Save – Buying a new car instead of a used car can be considerably cheaper because newer vehicles have to meet stringent safety requirements.
  • Passive Restraints – Vehicles equipped with air bags or automatic seat belts can receive discounts of 20 to 30 percent.
  • Pay Now and Pay Less – By making one initial payment rather than paying monthly you may reduce your total bill.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in school.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to all coverage premiums. Most only reduce the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like you could get a free insurance coverage policy, companies don’t profit that way. But any discount will help lower your premiums.

If you would like to choose from a list of insurers that can offer you the previously mentioned discounts, follow this link.

Why informed drivers pay less for Lincoln MKS insurance

Many different elements are part of the equation when pricing auto insurance. Some are obvious such as traffic violations, but other factors are not quite as obvious like your vehicle usage or your vehicle rating.

The items below are some of the major factors used by insurance companies to determine your premiums.

  • Where you live plays a part – Being located in a rural area is a positive aspect when insuring your vehicles. Residents of big cities regularly have traffic congestion and a longer drive to work. Lower population corresponds to lower accident rates and also fewer theft and vandalism claims.
  • Pay more by driving carelessly – Having a clean driving record impacts your car insurance rates tremendously. Having just one driving citation can bump up the cost by twenty percent. Drivers who don’t get tickets pay less for auto insurance compared to drivers with tickets. Drivers who have gotten multiple tickets like DUI or willful reckless driving may be required to complete a SR-22 with their state’s department of motor vehicles in order to drive a vehicle legally.
  • Bundle policies and save money – Some insurers will give a discount for people who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s always a smart idea to compare other company rates to ensure the best deal. It’s possible to still save even more than the discount by buying insurance from more than one company.
  • Increase coverage deductibles to save – Deductibles for physical damage represent how much money you are willing to pay before your insurance coverage pays a claim. Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some examples of claims that would be covered are a windshield broken by a bird, fire damage, and damage from wind. The higher the amount you choose to pay out-of-pocket, the lower your rates will be for MKS insurance.
  • Rates increase with policy add-ons – Insurance policies have a lot of add-on coverages that you can buy on your insurance coverage policy. Insurance for vanishing deductibles, towing, and term life insurance are probably not needed. They may seem like a good idea when buying your policy, but now you might not need them so remove them and pocket the money.
  • Maintain insurance coverage coverage – Having a gap between insurance policy dates is a guaranteed way to increase your renewal premiums. And not only will insurance be more expensive, getting caught without coverage might get you a fine, jail time, or a revoked license.

It’s not one size fits all

When buying adequate coverage, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions might point out if you will benefit from professional help.

  • Am I covered if my car is in a flood?
  • What is roadside assistance coverage?
  • What companies insure drivers after a DUI or DWI?
  • Are rock chip repairs covered?
  • Should I have combined single limit or split liability limits?
  • Am I covered when driving on a suspended license?
  • Why is insurance for a teen driver so high?
  • Is my teenager covered with friends in the car?
  • Am I covered if I drive in a foreign country?
  • Can I afford low physical damage deductibles?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area.

Be skeptical of car insurance ads

Well-known car insurance companies like Progressive, Allstate and Geico regularly use television and radio advertisements. They all seem to make the same claim that drivers can save some big amount just by switching your car insurance policy to them. That’s great but how can every company offer drivers better rates? This is how they do it.

All the different companies have a preferred profile for the type of customer that will most likely be profitable. An example of a preferred risk could possibly be over age 30, has no claims, and does not commute to work. Anybody who fits those characteristics will qualify for the lowest prices and will save money with a new company.

People who fall outside those standards will probably be forced to pay higher prices and this results in business going elsewhere. The ads say “customers that switch” not “everyone that quotes” save the amount stated. That is how insurance companies can state the savings. Because each company has a different risk profile, you absolutely need to get a wide range of price quotes. It is impossible to guess which car insurance company will give you lower premium rates than your current company.

Parts of your insurance policy

Having a good grasp of a insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. These are the normal coverages found on most insurance policies.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for funeral costs, nursing services, EMT expenses and doctor visits. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

UM/UIM Coverage – This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your 2014 Lincoln MKS.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive or Other Than Collision – This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, fire damage, vandalism, theft and damage from getting keyed. The maximum amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability auto insurance – This will cover damage or injury you incur 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.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things such as pain and suffering, medical services, bail bonds and court costs. The amount of liability coverage you purchase is your choice, but buy higher limits if possible.

Collision coverages – This pays to fix your vehicle from damage caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like colliding with a tree, crashing into a building and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Money doesn’t grow on trees

When you buy car insurance online, don’t be tempted to buy poor coverage just to save money. There have been many situations where an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your goal is to purchase a proper amount of coverage at the best cost while still protecting your assets.

We covered a lot of ways to get a better price on 2014 Lincoln MKS insurance. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding cheap car insurance. Consumers may even find the most savings is with a lesser-known regional company. Smaller companies can often provide lower prices in certain areas as compared to the big name companies such as State Farm or Progressive.

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