2002 Lincoln LS Insurance Quotes – 5 Savings Tips

Searching for cheaper insurance rates for your Lincoln LS? I can’t think of anyone who enjoys paying for insurance, particularly when the cost is too high. Big companies like Geico, Progressive and Allstate continually hit you with ad campaigns and it is challenging if not impossible to ignore the propoganda and do the work needed to find the best deal.

It is always a good idea to compare prices periodically because insurance rates fluctuate regularly. Just because you had the best deal for LS insurance a few years ago you can probably find a lower rate today. Starting now, block out anything you think you know about insurance because you’re going to get a crash course in the easiest way to save money, get proper coverage and the best rates.

If you have insurance now or are shopping for new coverage, you can use these techniques to find the best rates while maintaining coverages. Finding the best rates is quite easy. Drivers only need to know the most efficient way to get comparison rates on the web.

Insurance Comparison Rates

There are several ways to compare Lincoln LS insurance quotes, but some are less time-consuming than others. You can spend countless hours driving to insurance companies in your area, or you could save time and use the internet to get prices fast.

The majority of car insurance companies belong to a marketplace that enables customers to complete one form, and each company can give them a price determined by their information. This system prevents you from having to do quote forms for each company you want a rate for.

To use this form to compare 2002 Lincoln LS insurance rates click here to open in new window.

The single downside to pricing coverage this way is buyers cannot specifically choose the providers you will receive quotes from. If you would rather choose specific insurance companies to compare, we put together a list of insurance companies in your area. Click to view list.

Whichever way you use, double check that you are using the exact same quote information for each price quote. If you compare mixed coverages you can’t possibly truly determine the lowest rate.

Don’t believe everything you hear

Drivers get pounded daily by advertisements for cheaper car insurance from the likes of Allstate, Geico and Progressive. All the ads have a common claim about savings after switching your coverage to them.

How does each company say the same thing?

Different companies have a preferred profile for the driver that is profitable for them. A good example of a preferred risk might be profiled as between the ages of 40 and 55, has no prior claims, and drives newer vehicles. Any driver who matches those parameters will get very good rates and most likely will save quite a bit of money when switching.

Potential insureds who do not match this ideal profile must pay a more expensive rate which leads to the driver buying from a lower-cost company. The ad wording is “people who switch” not “people who quote” save that much money. That’s why insurance companies can state the savings.

This illustrates why you should compare many company’s rates. It’s impossible to know which insurance coverage company will fit your personal profile best.

Do you qualify for these five discounts?

Insuring your vehicles can cost a lot, but companies offer discounts to cut the cost considerably. Some trigger automatically when you purchase, but some may not be applied and must be manually applied in order for you to get them. If you don’t get every credit available, you are throwing money away.

  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
  • Save with a New Car – Buying coverage on a new vehicle can cost up to 25% less due to better safety requirements for new cars.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • E-sign – A handful of insurance companies will give a small break just for signing your application over the internet.
  • Good Student Discount – Getting good grades can earn a discount of 20% or more. The discount lasts until age 25.

A little note about advertised discounts, most credits do not apply to the entire policy premium. Some only reduce specific coverage prices like liability and collision coverage. Just because it seems like it’s possible to get free car insurance, it just doesn’t work that way. Any qualifying discounts will bring down the amount you have to pay.

To see a list of providers who offer car insurance discounts, click here.

Don’t assume everyone needs the same coverage

When buying adequate coverage, there is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that might help in determining whether or not you would benefit from an agent’s advice.

  • Can I get a multi-policy discount?
  • Can my teen driver be rated on a liability-only vehicle?
  • Who is covered when they drive my 2002 Lincoln LS?
  • Is my teen driver covered when they drive my company car?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I getting all the discounts available?
  • Am I better off with higher deductibles on my 2002 Lincoln LS?
  • Why do I need rental car insurance?
  • Should I buy more coverage than the required minimum liability coverage?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with 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. It’s fast, doesn’t cost anything and can help protect your family.

Car insurance 101

Learning about specific coverages of car insurance can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find the usual coverages offered by car insurance companies.

Liability insurance

Liability insurance can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against claims from other people, and doesn’t 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 limits 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. Another option is a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as court costs, pain and suffering, emergency aid, medical services and attorney fees. How much coverage you buy is a decision to put some thought into, but you should buy as high a limit as you can afford.

Medical payments and PIP coverage

Med pay and PIP coverage provide coverage for short-term medical expenses for dental work, X-ray expenses, surgery and prosthetic devices. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your 2002 Lincoln LS.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these limits are set the same as your liablity limits.

Comprehensive auto coverage

This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hail damage, vandalism, fire damage, hitting a bird and rock chips in glass. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision protection

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like crashing into a ditch, damaging your car on a curb and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.

More quotes. Lower rates.

As you prepare to switch companies, never reduce needed coverages to save money. There are too many instances where someone dropped comprehensive coverage or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy the best coverage you can find for the lowest price.

In this article, we covered many ways to lower your 2002 Lincoln LS insurance rates. It’s most important to understand that the more you quote, the better likelihood of reducing your rate. You may even discover the lowest rates come from the least-expected company. Smaller companies may have significantly lower rates on certain market segments than their larger competitors like State Farm, Geico and Nationwide.

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