2017 Lincoln MKT Car Insurance Rates – 8 Tips to Save

Looking for lower insurance rates for your Lincoln MKT? Did a good deal turn out to be an underperforming, overpriced insurance policy? It’s quite common and there are a lot of people just like you who feel imprisoned by their insurance policy.

Because there are so many online and local companies to choose from, it can be diffult for drivers to find the most cost effective insurance company.

Pricing cheaper insurance is not that difficult. Essentially everyone who is required by state law to have insurance stands a good chance to be able to lower their premiums. Nevertheless, consumers must understand how companies compete online and take advantage of how the system works.

Cut your insurance rates with these eight discounts

Some insurance providers don’t always advertise every discount they offer in an easy-to-find place, so the list below contains a few of the more common and the harder-to-find credits available to bring down your rates. If you do not double check each discount possible, you may be paying too high a price.

• Resident Student – College-age children who live away from home to go to college and won’t have access to an insured vehicle may qualify for this discount.
• Home Ownership Discount – Owning a house can help you save on insurance because of the fact that having a home is proof of financial responsibility.
• Responsible Driver Discount – Drivers without accidents can save as much as half off their rates for MKT insurance than less cautious drivers.
• Service Members Pay Less – Having a deployed family member could mean lower rates.
• Safety Course Discount – Successfully completing a defensive driver course could cut 5% off your bill depending on where you live.
• Policy Bundle Discount – When you combine your auto and home insurance and insure them both with the same insurance company they may give you a discount of as much as 10 to 15 percent.
• Theft Deterent – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and qualify for as much as a 10% discount.
• Club Memberships – Being a member of a professional or civic organization is a simple method to lower premiums on your next insurance statement.

Please keep in mind that most discounts do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comp or med pay. Despite the appearance that you could get a free insurance policy, you’re out of luck. Any amount of discount will bring down your insurance premiums.

A few popular companies and some of their more popular discounts are shown below.

• Geico may have discounts that include defensive driver, daytime running lights, federal employee, anti-theft, air bags, and anti-lock brakes.
• SAFECO may offer discounts for accident prevention training, bundle discounts, homeowner, anti-theft, anti-lock brakes, and teen safe driver.
• State Farm policyholders can earn discounts including defensive driving training, driver’s education, anti-theft, passive restraint, and multiple policy.
• MetLife includes discounts for multi-policy, good student, good driver, accident-free, and claim-free.
• 21st Century offers premium reductions for teen driver, student driver, early bird, air bags, 55 and older, good student, and homeowners.
• Progressive offers discounts including continuous coverage, multi-policy, online signing, homeowner, online quote discount, good student, and multi-vehicle.

If you need affordable auto insurance quotes, ask each company which discounts can lower your rates. Some of the earlier mentioned discounts may not apply to policies in your area. To see a list of companies with discount insurance rates, click here to view.

You are unique and your insurance coverage should be too

When choosing the best insurance coverage coverage for your personal vehicles, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions can aid in determining if your insurance needs would benefit from professional advice.

• What is high-risk coverage and where do I buy it?
• Is motorclub coverage worth it?
• Is my cargo covered for damage or theft?
• Is my teenager covered with friends in the car?
• Am I covered by my spouse’s policy after a separation?
• What if I owe more than I can insure my car for?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Auto insurance coverages

Understanding the coverages of insurance aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Below you’ll find typical coverages found on the average insurance policy.

Liability coverages

Liability coverage can cover damages or injuries you inflict on people or other property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers claims like court costs, bail bonds and loss of income. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for bills like X-ray expenses, prosthetic devices, hospital visits, chiropractic care and doctor visits. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive or Other Than Collision

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hitting a bird, theft and hail damage. The highest amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

UM/UIM Coverage

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for collisions

This coverage pays to fix your vehicle from damage from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as hitting a parking meter, sustaining damage from a pot hole, colliding with a tree, scraping a guard rail and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

Be a penny pincher

As you quote auto insurance, do not buy poor coverage just to save money. In many instances, someone sacrificed liability limits or collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your objective should be to get the best coverage possible at an affordable rate, not the least amount of coverage.

Lower-priced auto insurance can be sourced on the web and from local agencies, so you should be comparing quotes from both so you have a total pricing picture. Some auto insurance companies do not provide internet price quotes and these small, regional companies sell through local independent agents.

Additional detailed information is located at these sites:

• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• Teen Driving Statistics (Geico)
• Your Car has been Stolen: Now What? (Allstate)
• Vehicle Safety Ratings (iihs.org)