2012 Lincoln MKX Insurance Quotes – 9 Savings Tips

Trying to find lower insurance rates for your Lincoln MKX? When shopping for lower-priced insurance, are you overwhelmed by the dozens of insurance sources in your area? people have such a large number of options that it is a real challenge to find better rates.

Cheap car insurance price quotes

Performing a rate comparison is a ton of work if you aren’t aware of the easiest way. You can spend countless hours discussing policy coverages with insurance companies in your area, or you can utilize online quoting to quickly compare rates.

Many popular insurance companies participate in an industry program where prospective buyers enter their policy data once, and each company can give them a price determined by their information. This saves time by eliminating quotation requests for every car insurance company. To use this form to compare rates click here (opens in new window).

The single downside to pricing coverage this way is you are unable to specify the providers you want pricing from. So if you want to choose specific insurance companies to receive pricing from, we have a page of companies who write car insurance in your area. Click to view list.

It’s up to you which method you use, but make sure you compare the same coverage data on every price quote you get. If you compare unequal deductibles or liability limits it will be next to impossible to make a fair rate comparison. Having just a slight variation in coverages may result in large price differences. Just remember that getting more free quotes helps increase your odds of locating better pricing. Not every company provides online quotes, so it’s important to also get price quotes from them as well.

Don’t believe everything you hear

Big name companies like State Farm, Allstate and Geico consistently run television, radio, and online ads. They all say the same thing about saving some big amount if you get a free auto insurance quote and switch your policy. How is it plausible that every one can have lower policy pricing? Here is the trick they use.

All companies look for specific characteristics for the type of customer that will add to their bottom line. For example, a preferred risk may need to be between 30 and 50, has no prior claims, and drives a lower-performance vehicle. Someone that matches those criteria will get low premium rates and have a good chance to pay quite a bit less when switching companies.

People who don’t qualify for the “perfect” profile will be quoted higher rates which translates to the customer buying from someone else. The trick companies use is to say “customers that switch” not “everybody who quotes” save that much when switching. This is how companies can truthfully make claims like that. Because of the profiling, it is so important to get as many free auto insurance quotes as possible. It’s not possible to predict the company that will have better premium rates than you’re paying now.

Verify you’re earning every discount

Not many people think insurance is cheap, but there could be available discounts that may help make it more affordable. Some discounts apply automatically when you quote, but less common discounts must be asked about before they will apply.

• Payment Discounts – If you pay your bill all at once instead of making monthly payments you can actually save on your bill.
• Paper-free Discount – A handful of larger companies may give you up to $50 simply for signing digitally online.
• Defensive Driver Discount – Passing a defensive driver class may get you a small discount and easily pay for the cost of the class.
• Student in College – Children who attend college more than 100 miles from home and won’t have access to an insured vehicle can receive lower rates.
• Driver’s Education for Students – Have your child take driver’s ed class in school.
• Switch and Save Discount – A few larger companies offer discounts for buying a policy before your current expiration date. Ten percent is about the average savings.
• Discounts for Seat Belt Usage – Drivers who require all vehicle occupants to use a seat belt can save up to 10 percent (depending on the company) off the medical payments premium.
• Bundled Policy Discount – If you have multiple policies with the same insurance company you could get a discount of at least 10% off all policies.
• Multiple Vehicles – Insuring several vehicles on one policy qualifies for this discount.

One last thing about discounts, most of the big mark downs will not be given to the entire policy premium. A few only apply to individual premiums such as comprehensive or collision. So when it seems like adding up those discounts means a free policy, that’s just not realistic.

Car insurance companies that may have some of the above discounts include:

• American Family
• Farm Bureau
• State Farm
• Travelers
• The Hartford
• Geico
• Progressive

When getting a coverage quote, ask each company what discounts are available to you. Some of the earlier mentioned discounts may not be offered in your area. For a list of companies that offer multiple discounts, click this link.

When should I discuss my situation with an agent?

When it comes to choosing the right insurance coverage, there isn’t really a perfect coverage plan. Every situation is different.

Here are some questions about coverages that may help highlight whether your personal situation would benefit from an agent’s advice.

• What is UM/UIM insurance?
• Is my nanny covered when driving my vehicle?
• How much underlying liability do I need for an umbrella policy?
• Is business equipment covered while in my vehicle?
• Am I covered when pulling a rental trailer?
• Exactly who is provided coverage by my policy?
• What can I do if my company won’t pay a claim?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to an agent. To find lower rates from a local agent, take a second and complete this form.

Insurance coverage specifics

Understanding the coverages of your insurance policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like damage from flooding, a tree branch falling on your vehicle, vandalism, hitting a bird and a broken windshield. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Lincoln MKX.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Collision protection

Collision insurance pays to fix your vehicle from damage from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as colliding with another moving vehicle, crashing into a ditch and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to raise the deductible in order to get cheaper collision rates.

Liability insurance

This coverage will cover damage that occurs to people or other property by causing an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims like repair bills for other people’s vehicles, attorney fees and emergency aid. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Coverage for medical expenses

Med pay and PIP coverage kick in for expenses like chiropractic care, rehabilitation expenses, funeral costs and surgery. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

Shop. Compare. Save.

We just covered quite a bit of information on how to compare 2012 Lincoln MKX insurance rates online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Drivers may discover the lowest rates are with a lesser-known regional company.

Insureds change insurance companies for a number of reasons such as delays in responding to claim requests, questionable increases in premium, policy non-renewal and policy cancellation. It doesn’t matter what your reason, switching companies can be easier than you think.

Cheap 2012 Lincoln MKX insurance can be sourced both online and also from your neighborhood agents, and you should compare price quotes from both in order to have the best price selection to choose from. A few companies may not offer the ability to get quotes online and usually these regional insurance providers only sell coverage through independent agents.

For more information, take a look at these articles:

• Get the Right Protection (InsureUonline.org)
• Anti-Lock Brake FAQ (iihs.org)
• State Car Insurance Guides (Geico)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)