Looking for lower insurance rates for your Lincoln MKT? Think you have an expensive insurance policy? Trust us, you’re not alone. Online insurance companies like Progressive, State Farm and Geico all promote huge savings with fancy advertisements and it is difficult to see past the geckos and flying pigs and find the best price available.
Companies offering auto insurance don’t always advertise all disounts very clearly, so the following is a list of some of the best known as well as some of the hidden discounts that you can inquire about if you buy insurance online. If they aren’t giving you every credit you deserve, you’re paying more than you need to.
Policy discounts save money, but many deductions do not apply to the entire policy premium. Some only apply to individual premiums such as comprehensive or collision. So even though you would think you would end up receiving a 100% discount, you aren’t that lucky.
Some of the larger companies that may include some of the above discounts possibly include:
If you want the cheapest insurance quotes, ask each insurance company which discounts you may be entitled to. Some discounts may not apply to policies in your area. To locate insurers who offer online auto insurance quotes, follow this link.
Most companies give coverage prices direct online. Doing online quotes is fairly straightforward as you just type in into a form. After the form is submitted, the system collects your driving record and credit report and generates a price based on these and other factors. Online price estimates makes it easy to compare insurance prices but the time it takes to visit multiple sites and type in the same data is a big time waster. But it’s necessary to get many rate quotes in order to get the best price possible.
A quicker way to compare rates makes use of a single form to return rates from more than one company. The form is fast, requires less work, and makes price shopping online much easier. After sending your information, it is quoted and you can choose any one of the pricing results.
If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. The whole process takes less than 15 minutes and can result in significant savings.
If you want to use this form to compare rates, click here to open in a new tab and enter your vehicle and coverage information. If you currently have coverage, we recommend you copy coverages and limits just like they are on your policy. This way, you’re receiving a fair comparison using the same coverage and limits.
Many factors are taken into consideration when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but others are less apparent such as your credit history and annual miles driven.
The list below includes just a few of the factors used by your company to calculate prices.
When choosing proper insurance coverage for your vehicles, there really is not a one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions can help discover if your insurance needs would benefit from professional advice.
If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.
Consumers get pounded daily by advertisements that claim the cheapest prices by companies like State Farm, Allstate and Geico. All the ads state the claim of big savings just by switching your car insurance policy to them.
But how can every company say the same thing? It’s all in the wording.
Many companies look for specific characteristics for the driver that will generate a profit. An example of a profitable customer may be between the ages of 30 and 50, has never had a claim, and drives a vehicle with a low ISO rating. Any new insured that matches those criteria receive the lowest rate quotes and have a good chance to save quite a bit of money when switching.
Potential insureds who don’t meet these criteria will be charged more expensive rates and this results in business going elsewhere. If you listen closely, the ads state “customers who switch” but not “all drivers who get quotes” save the amount stated. That’s why insurance companies can state the savings.
Because of the profiling, it’s extremely important to get as many free insurance quotes as possible. It is just not possible to predict with any certainty which company will have the lowest rate quotes.
Learning about specific coverages of your insurance policy can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages offered by insurance companies.
Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 2017 Lincoln MKT.
Because many people have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like nursing services, funeral costs and doctor visits. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Liability coverages – This provides protection from injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.
Liability can pay for claims like legal defense fees, loss of income, emergency aid and medical services. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.
Collision coverages – Collision insurance pays for damage to your MKT resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things like hitting a mailbox, colliding with a tree and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.
Comprehensive insurance – This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as falling objects, a tree branch falling on your vehicle and theft. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Some car insurance companies do not offer online rate quotes and usually these small, regional companies only sell coverage through independent agents. Lower-priced 2017 Lincoln MKT insurance is available online and with local insurance agents, and you should be comparing both to have the best selection.
You just learned some good ideas how to get a better price on 2017 Lincoln MKT insurance. The most important thing to understand is the more times you quote, the better your chances of lowering your prices. You may even find the biggest savings come from a lesser-known regional company. Some small companies may often insure only within specific states and give getter rates than their larger competitors like Allstate and Progressive.