Lower Your 2000 Lincoln LS Car Insurance Cost

I really doubt anyone loves paying for auto insurance, especially when they know their premiums are through the roof. Many auto insurance companies compete for your hard-earned dollar, so it’s not easy to compare every provider to find the absolute lowest rate possible.

Get lower rates by earning discounts

Insurance is neither fun to buy or cheap, but you may find discounts that you may not know about. Certain reductions will be credited when you get a quote, but once in a while a discount must be inquired about in order for you to get them.

Mature Driver Discount – Drivers over the age of 55 may be able to get a discount up to 10% for LS coverage.
Professional Organizations – Participating in a civic or occupational organization may earn a discount when shopping for insurance.
Home Ownership Discount – Owning a house can save you money because of the fact that having a home shows financial diligence.
Early Switch Discount – Some insurance companies provide a discount for switching to them prior to the expiration date on your current policy. It’s a savings of about 10%.
Accident Forgiveness – Not necessarily a discount, but some companies like State Farm, Progressive and Geico allow you one accident before your rates go up with the catch being you have to be claim-free before the accident.
Student in College – Kids living away from home attending college and do not take a car to college may be able to be covered for less.
Good Students Pay Less – Performing well in school can save 20 to 25%. Earning this discount can benefit you until age 25.
Drivers Education – Have your child complete a driver education course if it’s offered in school.
Defensive Driver – Completing a course in defensive driving is a good idea and can lower rates and easily pay for the cost of the class.

One last thing about discounts, most credits do not apply to the overall cost of the policy. Most only apply to individual premiums such as medical payments or collision. Despite the appearance that it’s possible to get free car insurance, you won’t be that lucky.

To see insurance companies who offer online insurance quotes, click here to view.

Free insurance price quotes

There are a lot of ways to shop for insurance, but there is one way that is less time-consuming than others. You could spend the better part of a day discussing policy coverages with insurance companies in your area, or you could use online quotes to achieve your goal.

Many insurance companies participate in a marketplace that enables customers to enter their policy data once, and each participating company provides a quote for coverage. This prevents consumers from doing quote forms to each company. To enter your information into the quoting system, click here to open in new window.

The single downside to doing it this way is that you can’t choose the insurers to get pricing from. If you would rather choose individual companies to request quotes from, we put together a list of the cheapest insurance companies in your area. Click to view list.

However you get your quotes, double check that you are using the exact same coverage limits on every quote. If you have unequal deductibles or liability limits it’s not possible to determine which rate is truly the best.

Your car insurance coverage should be tailored to you

When buying the best car insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions can aid in determining if your insurance needs will benefit from professional help.

Do I pay less if my vehicle is kept in my garage?
What if I don’t agree with a claim settlement offer?
Do I need motorclub coverage?
Who is covered by my policy?
Should I rate my 2000 Lincoln LS as pleasure use or commute?
What are the best liability limits?
Am I covered when renting a car or should I buy coverage from the car rental agency?
Should I put collision coverage on all my vehicles?
Will I lose any money if I cancel my policy before it expires?
When would I need rental car insurance?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.

Car insurance policy coverages for a Lincoln LS

Having a good grasp of your policy aids in choosing the right coverages and proper limits and deductibles. Car insurance terms can be ambiguous and reading a policy is terribly boring. Listed below are typical coverages offered by car insurance companies.

Comprehensive insurance

This pays for 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 hail damage, damage from getting keyed, damage from a tornado or hurricane and hitting a deer. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability

Liability insurance can cover damage that occurs to other’s property or people by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage protects against claims such as legal defense fees, pain and suffering, loss of income, repair costs for stationary objects and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as damage to your Lincoln LS.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Auto collision coverage

Collision coverage pays for damage to your LS resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like driving through your garage door, hitting a parking meter, hitting a mailbox and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for bills for chiropractic care, hospital visits and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

The bottom line

We just showed you a lot of information how to compare 2000 Lincoln LS insurance car insurance rates online. It’s most important to understand that the more price quotes you have, the higher the chance of saving money. Consumers may even find the most savings is with the smaller companies. Regional companies may only write in your state and offer lower premium rates as compared to the big name companies such as State Farm, Geico and Nationwide.

When buying insurance coverage, it’s very important that you do not buy less coverage just to save a little money. There have been many cases where drivers have reduced liability coverage limits only to find out that the savings was not a smart move. Your focus should be to buy the best coverage you can find at the lowest possible cost while not skimping on critical coverages.