Paying for high-priced Lincoln MKS insurance can overdraw your savings account and make it hard to pay other bills. Shopping your coverage around is a smart way to slash your bill and have more diposable income. You have so many insurers to buy insurance from, and although it’s nice to have a selection, having more auto insurance companies makes it harder to find the best rates.
It’s smart to shop coverage around every six months due to the fact that insurance rates are variable and change quite frequently. Just because you had the lowest price for MKS insurance a year ago you can probably find a lower rate today. So just ignore everything you know about insurance because we’re going to show you the only way to save on insurance.
All the larger insurance coverage companies such as Progressive, Allstate and Geico allow you to get coverage prices online. Getting online quotes is fairly straightforward as you just enter your required coverages as requested by the quote form. Behind the scenes, the system obtains information on your driving record and credit history and generates a price based on these and other factors. This makes it a lot easier to compare rates but the time it takes to visit several different sites and type in the same information can be a bit tiresome and repetitive. But it’s absolutely necessary to have as many quotes as possible if you want to find lower prices.
The smarter way to lower your rates is to use a quote form that gets price quotes from multiple companies. It’s a real time-saver, helps eliminate reptitive entry, and makes online quotes much more enjoyable and efficient. As soon as the form is sent, it gets priced and you can choose any of the quote results. If the quotes result in lower rates, you can click and sign and purchase coverage. This process takes less than 15 minutes and you will find out if you’re overpaying now.
To compare pricing, click here and submit the form. If you have your current policy handy, we recommend you copy your coverages identical to your current policy. This way, you will be getting rate comparison quotes based on identical coverages.
Companies that sell car insurance don’t always publicize all their discounts in a way that’s easy to find, so we break down some of the more common as well as the least known discounts you could be receiving. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.
It’s important to note that some credits don’t apply to all coverage premiums. Most cut specific coverage prices like collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, car insurance companies aren’t that generous.
For a list of insurance companies with the best car insurance discounts, follow this link.
When buying coverage, there is no perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that might help in determining if your situation could use an agent’s help.
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.
Understanding the coverages of a car insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. Car insurance terms can be difficult to understand and coverage can change by endorsement. These are the normal coverages offered by car insurance companies.
Comprehensive auto coverage – This will pay to fix 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 insurance covers claims such as damage from getting keyed, fire damage, a broken windshield and falling objects. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your 2015 Lincoln MKS.
Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
Collision coverages – This coverage will pay to fix damage to your MKS resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as colliding with a tree, scraping a guard rail and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.
Liability coverage – This coverage can cover damages or injuries you inflict on other people or property by causing an accident. It protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.
Liability coverage pays for things such as bail bonds, medical expenses, legal defense fees, loss of income and medical services. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.
Medical payments and PIP coverage – Med pay and PIP coverage reimburse you for expenses for surgery, funeral costs, nursing services and hospital visits. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible