1998 Lincoln Mark VIII Insurance Cost – 8 Tips for Cheapest Prices

Buying the most affordable insurance on the internet can seem to be rather difficult for people that are not comfortable with quoting and shopping for insurance online. With literally dozens of online companies available, how are people able to have a chance to compare each option to find the cheapest available price?

It’s important to compare prices as often as possible because prices change frequently. Even if you think you had the best quotes for Mark VIII insurance last year you will most likely find a better rate today. There is a lot of wrong information about insurance online but we’re going to give you a bunch of ideas how to buy insurance cheaper.

Choosing the best insurance company for you is quite easy. In a nutshell, anyone who carries insurance most likely will be able to reduce their rates. But consumers do need to understand the way insurance companies sell online and take advantage of how the system works.

Don’t overlook these eight insurance coverage discounts

Insurance coverage can be pricey, but discounts can save money and there are some available that many consumers don’t even know exist. Certain discounts will be applied at the time you complete a quote, but a few need to be asked about in order for you to get them.

• Discounts for New Vehicles – Adding a new car to your policy can be considerably cheaper compared to insuring an older model.
• Paper-free Discount – A few insurance companies will give you a small discount get insurance online.
• Use Seat Belts – Buckling up and requiring all passengers to use their safety belts may be able to save a few bucks off the personal injury premium cost.
• Government Employees – Simply working for the federal government could provide a small rate reduction for Mark VIII insurance depending on your company.
• Driver’s Ed – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
• ABS Braking Discount – Anti-lock brake equipped vehicles are much safer to drive and earn discounts up to 10%.
• Full Payment Discount – By paying your policy upfront as opposed to paying monthly you can actually save on your bill.
• Discounts for Responsible Drivers – Safe drivers can get discounts for up to 45% lower rates for Mark VIII insurance compared to accident prone drivers.

Don’t be shocked that some credits don’t apply to your bottom line cost. A few only apply to individual premiums such as liability and collision coverage. Just because it seems like all the discounts add up to a free policy, insurance companies wouldn’t stay in business. But all discounts will bring down the premium cost.

A few popular companies and their possible discounts can be found below.

• State Farm offers discounts for Drive Safe & Save, good driver, accident-free, safe vehicle, student away at school, and passive restraint.
• Progressive may have discounts that include online quote discount, online signing, good student, multi-policy, continuous coverage, multi-vehicle, and homeowner.
• Progressive includes discounts for online signing, homeowner, online quote discount, multi-policy, continuous coverage, multi-vehicle, and good student.
• MetLife policyholders can earn discounts including multi-policy, good driver, good student, defensive driver, and accident-free.
• Farm Bureau discounts include good student, multi-policy, driver training, safe driver, multi-vehicle, and youthful driver.
• Geico has savings for good student, five-year accident-free, multi-vehicle, multi-policy, and emergency military deployment.
• SAFECO has discounts for teen safety rewards, teen safe driver, drive less, accident prevention training, anti-lock brakes, anti-theft, and multi-car.

Check with each company which credits you are entitled to. Savings may not apply to policies in your area.

How to buy car insurance

To find cheap insurance quotes, there are several ways to obtain and compare prices from car insurance companies in your area. The recommended way to do a complete rate comparison is to get quotes online. This can be done using a couple different methods.

• Without a doubt, the easiest way to get quotes is to use a rate comparison form click to view form in new window. This form keeps you from doing separate quotation requests for each price estimate. One quote request will return quotes instantly. Recommended for those who want to invest the least amount of time.
• A slightly less efficient method to analyze rates requires visiting the website for each individual company and repeat the quote process. For examples sake, let’s say you want to view quotes from Geico, Safeco and State Farm. You would have to take the time to go to each site and type in your information over and over, which is why the first method is more popular.

  For a list of links to insurance companies in your area, click here.

• The least efficient way to quote and compare insurance rates is calling or driving to insurance agencies in your area. The internet makes this process obsolete unless you want the guidance of a local agency. Although you can price shop online but have your policy serviced through an agent.

However you get your quotes, ensure you’re using identical deductibles and coverage limits for every company. If you use different values for each quote it will be impossible to determine which company has the best rates. Just slight variations in limits may cause a big price difference. And when comparison shopping, comparing a wide range of rates increases the change that you will find a better price.

When to get professional advice

When choosing coverage for your personal vehicles, there is no “best” method to buy coverage. Everyone’s needs are different.

For example, these questions could help you determine if your situation might need professional guidance.

• I don’t drive much so do I pay less?
• How much underlying liability do I need for an umbrella policy?
• Should I have combined single limit or split liability limits?
• If my pet gets injured in an accident are they covered?
• What is no-fault insurance?
• Is my ex-spouse still covered by my policy?
• Is my trailer covered?
• Does coverage extend to Mexico or Canada?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form.

Coverages available on your policy

Learning about specific coverages of your auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Collision coverage

Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as damaging your car on a curb, hitting a parking meter, sustaining damage from a pot hole, rolling your car and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as damage to your Lincoln Mark VIII.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for expenses for X-ray expenses, chiropractic care, ambulance fees and nursing services. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Auto liability insurance

This coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims such as structural damage, loss of income, repair bills for other people’s vehicles and funeral expenses. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Comprehensive insurance

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims like vandalism, a tree branch falling on your vehicle, falling objects and fire damage. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Compare but don’t skimp

When you buy insurance online, never reduce needed coverages to save money. There are many occasions where an accident victim reduced uninsured motorist or liability limits and discovered at claim time that it was a big mistake. The goal is to buy the best coverage you can find at the lowest possible cost while still protecting your assets.

You just learned a lot of techniques to compare 1998 Lincoln Mark VIII insurance car insurance rates online. The key concept to understand is the more you quote insurance, the better your chances of lowering your premium rates. You may even discover the lowest car insurance rates come from some of the smallest insurance companies.

Insureds who switch companies do it for many reasons like delays in paying claims, being labeled a high risk driver, not issuing a premium refund or even policy non-renewal. Regardless of your reason for switching companies, choosing a new company is actually quite simple.

More tips and info about insurance coverage can be read at these sites:

• Liability Insurance Coverage (Nationwide)
• Medical Payments Coverage (Liberty Mutual)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Auto Insurance Learning Center (State Farm)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)