Save on 2002 Lincoln Continental Insurance Rates

Buying the cheapest insurance coverage on the internet may be difficult for consumers not familiar with shopping for insurance online. With so many insurance companies available, how can you effectively compare every company to locate the best pricing?

You need to compare prices once or twice a year because rates trend upward over time. Even if you think you had the lowest price on Continental insurance a year ago you may be paying too much now. Forget anything you know (or think you know) about insurance coverage because you’re about to learn the only way to find great coverage at a great price.

How to Compare Auto Insurance

The are a couple different ways of comparing rate quotes and find the best price. The recommended way to find competitive 2002 Lincoln Continental insurance rates is to perform an online rate comparison. This is very easy and can be done using a couple different methods.

  1. The best way to find low rates would be an industry-wide quote request form (click to open form in new window). This easy form prevents you from having to do a different quote for every auto insurance company. Completing one form will get you price quotes from multiple companies.It’s the quickest way to get rates.
  2. A less efficient way to shop for auto insurance online consists of going to each company website to complete their respective quote request forms. For instance, let’s say you want to compare rates from Geico, Esurance and American Family. To get rate quotes you would need to take the time to go to each site and enter your policy data, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.
  3. The hardest method to compare rates is to spend time driving to and from local insurance agencies. Shopping for auto insurance online can eliminate the need for a local agent unless you prefer the trained guidance only provided by licensed agents. Drivers can price shop your coverage online and get advice from an agent in your area and we’ll talk about that later.

Whichever method you choose, be sure to compare the exact same coverage limits and deductibles for each price quote. If each company quotes different liability limits it will be next to impossible to determine the lowest rate for your Lincoln Continental. Just a small difference in insurance coverages may result in a large different in cost. It’s important to know that getting more free quotes gives you a better chance of getting a lower rate.

What determines your Lincoln Continental insurance premium

An important part of buying insurance is that you know some of the elements that come into play when calculating the price you pay for insurance coverage. Understanding what controls the rates you pay helps enable you to make changes that may reward you with much lower annual insurance costs.

  • How many coverages with the same company – Most insurance coverage companies provide better rates to customers who buy several policies from them in the form of a multi-policy discount. Even if you’re getting this discount it’s in your best interest to shop around to make sure you are getting the best deal.
  • Being married can save on insurance coverage – Being married can actually save you money on your policy. Having a significant other is viewed as being more mature than a single person and it’s proven that married couples file fewer claims.
  • What are your deductibles? – Your deductibles represent how much money you are willing to pay before a claim is paid by your company. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims could be colliding with a building, collision with an animal, and burglary. The more expense you have to pay, the less your company will charge you for insurance on Continental insurance.
  • Do you work long hours in a high stress job? – Jobs such as doctors, executives and dentists tend to pay the highest average rates attributed to high stress and lengthy work days. Other occupations such as actors, historians and the unemployed have the lowest average rates on Continental insurance.

Cut prices on 2002 Lincoln Continental insurance

The cost of insuring your cars can be expensive, but there could be available discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time you complete a quote, but a few need to be inquired about before they will apply.

  • New Car Discount – Buying coverage on a new vehicle can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Club Memberships – Belonging to a civic or occupational organization may earn a discount on your policy on Continental insurance.
  • Senior Discount – If you qualify as a senior citizen, you can possibly qualify for better insurance rates on Continental insurance.
  • Auto/Home Discount – When you combine your home and auto insurance with the same company you will save up to 20% off your total premium.
  • Safety Course Discount – Taking part in a course in driver safety could cut 5% off your bill depending on where you live.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
  • Accident Waiver – A handful of insurance companies allow you one accident before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.

It’s important to note that most discount credits are not given the the whole policy. The majority will only reduce specific coverage prices like medical payments or collision. So when the math indicates adding up those discounts means a free policy, you’re out of luck. But all discounts will reduce your premiums.

For a list of companies who offer insurance discounts, click this link.

Tailor your coverage to you

When buying the best auto insurance coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different.

For instance, these questions may help highlight whether your personal situation might need an agent’s assistance.

  • Do I pay less if my vehicle is kept in my garage?
  • How much can I save by bundling my policies?
  • Can my teen drive my company car?
  • Do I have coverage when using my vehicle for my home business?
  • Is other people’s property covered if stolen from my vehicle?
  • How much liability insurance is required?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form.

Insurance coverage basics

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

Comprehensive coverage – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like rock chips in glass, fire damage, vandalism, a broken windshield and hitting a bird. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability auto insurance – This coverage protects you from damage that occurs to other people or property that is your fault. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like repair costs for stationary objects, bail bonds, medical expenses, attorney fees and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for bills for pain medications, doctor visits, funeral costs and ambulance fees. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Lincoln Continental.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea. Usually these limits do not exceed the liability coverage limits.

Collision coverages – This will pay to fix damage to your Continental resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as damaging your car on a curb, colliding with another moving vehicle, crashing into a building and hitting a mailbox. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Affordable insurance is out there

In this article, we presented quite a bit of information on how to save on 2002 Lincoln Continental insurance. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. You may even find the best price on car insurance is with some of the smallest insurance companies.

As you restructure your insurance plan, you should never skimp on coverage in order to save money. There are too many instances where someone dropped liability limits or collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. The aim is to buy the best coverage you can find at the best price while not skimping on critical coverages.

Cost effective insurance can be sourced on the web and also from your neighborhood agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance providers may not provide you the ability to get quotes online and these regional insurance providers work with independent agents.

More detailed car insurance information is available at these sites: