2006 Lincoln LS Insurance Quotes – 10 Ways to Save

Nobody likes having to buy car insurance, in particular when the price is too high.

Due to the increasing number of companies to choose from, it can be hard to pick a lower cost car insurance provider.

Pay discount rates these ten money-saving discounts

Some providers don’t always list all available discounts in a way that’s easy to find, so the list below details some of the best known and also the more inconspicuous ways to save on auto insurance.

• Resident Student – Youth drivers who are enrolled in a college that is more than 100 miles from home and do not take a car to college could qualify for this discount.
• Driver Safety – Passing a course in defensive driving can save you 5% or more depending on where you live.
• New Car Discount – Adding a new car to your policy can save up to 30% due to better safety requirements for newer models.
• Accident Free – Drivers who stay claim-free pay less compared to drivers who are more careless.
• Discount for Life Insurance – Larger auto insurance companies have a discount if you purchase a life insurance policy as well.
• Waiver for an Accident – Not a discount per se, but companies like Progressive, Allstate, and Liberty Mutual may permit one accident before hitting you with a surcharge so long as you haven’t had any claims before the accident.
• E-sign – Many companies will discount your bill up to fifty bucks for buying your policy on the web.
• Federal Government Employee – Simply working for the federal government can save as much as 8% on LS coverage with some auto insurance companies.
• Pay Upfront and Save – By paying your policy upfront rather than paying in monthly installments you could save 5% or more.
• Drivers Education – Cut your cost by having your teen driver take driver’s ed class as it can save substantially.

Don’t be shocked that most discounts do not apply the the whole policy. Most cut the cost of specific coverages such as comp or med pay. Even though it may seem like having all the discounts means you get insurance for free, you’re out of luck. Any amount of discount should definitely cut your overall bill.

Insurance companies that may include some of the discounts shown above may include but are not limited to:

• Progressive
• Geico
• State Farm
• Esurance
• The Hartford

Check with each company which discounts can lower your rates. Depending on the company, some discounts might not be offered on policies in your state. To choose companies that offer the discounts shown above, click this link.

Do I need special coverages?

When it comes to choosing adequate coverage, there is no “best” method to buy coverage. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that can help discover if your situation could use an agent’s help.

• When should I buy a commercial auto policy?
• What companies insure drivers after a DUI or DWI?
• What is the minimum liability in my state?
• Do I really need UM/UIM coverage?
• Should I get collision insurance on every vehicle?
• Is borrowed equipment or tools covered if stolen or damaged?
• Does my policy pay for OEM or aftermarket parts?
• Do I need an umbrella policy?
• Is my business laptop covered if it gets stolen from my vehicle?

If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.

Information about specific coverages

Knowing the specifics of your policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. These are typical coverage types offered by car insurance companies.

Medical expense insurance – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like X-ray expenses, prosthetic devices, funeral costs and hospital visits. They are often used in conjunction with a health insurance program or if there is no health insurance coverage. It covers both the driver and occupants as well as if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Liability auto insurance – This coverage protects you from damages or injuries you inflict on other people or property. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things such as repair bills for other people’s vehicles, attorney fees, structural damage and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as damage to your Lincoln LS.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Collision coverage – This pays for damage to your LS resulting from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as crashing into a building, colliding with a tree and rolling your car. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Comprehensive (Other than Collision) – This covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like falling objects, vandalism, hitting a bird, theft and damage from flooding. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Online plus local equals savings

When you buy car insurance online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many situations where an insured cut uninsured motorist or liability limits and discovered at claim time that the small savings ended up costing them much more. The aim is to buy a smart amount of coverage at an affordable rate, but do not skimp to save money.

Some insurance providers don’t offer rate quotes online and most of the time these small insurance companies prefer to sell through independent agents. Budget-friendly insurance can be purchased online and from local agencies, and you should compare rates from both so you have a total pricing picture.

More information is available on the following sites:

• Driving in Bad Weather (Insurance Information Insitute)
• Vehicle Size and Weight FAQ (iihs.org)
• Comprehensive Coverage (Liberty Mutual)
• Electronic Stability Control FAQ (iihs.org)
• Insuring a Leased Car (Insurance Information Insitute)