1995 Lincoln Mark VIII Insurance Rates – 8 Savings Tips

Looking for cheaper car insurance rates for your Lincoln Mark VIII? Finding a different company that has cheaper insurance might sound like a lofty goal if you haven’t ever used online car insurance quotes. But don’t give up because it’s actually quite easy.

How to get cheap insurance coverage

To find more affordable quotes, there are a couple of ways to compare rate quotes from all the different companies. By far the easiest way to find cheaper 1995 Lincoln Mark VIII rates involves getting comparison quotes online. It’s really quite simple and can be done by using one of the methods below.

  1. Without a doubt, the easiest way to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This style of form keeps you from doing separate forms for every prospective company. Filling out one form will get you price quotes from all major companies. Recommended for those who want to invest the least amount of time.
  2. A harder way to analyze rates consists of going to each company’s website and repeat the quote process again and again. For example, we’ll pretend you want to get rates from Nationwide, 21st Century and Progressive. To find out each rate you need to visit each site to enter the same coverage data repeatedly, which can get rather old.

    For a list of links to insurance companies in your area, click here.

  3. The hardest way to quote and compare insurance rates is going to different agent offices. Shopping for insurance coverage online eliminates the need for an insurance agent unless you prefer the guidance of a local agent. However, consumers can get the lowest quotes online but have a local agent actually write the policy.

Which method you use is up to you, but make sure you are using the same quote data with each company. If your comparisons have differing limits it’s not possible to determine the lowest rate for your Lincoln Mark VIII. Just a small difference in coverage limits can make a big difference in price. Just remember that comparing a wide range of rates provides better odds of finding more affordable rates.

Drivers save money with these eight money-saving discounts

Car insurance is not cheap, but you may qualify for discounts that could drop your premiums quite a bit. Some trigger automatically at the time of quoting, but some may not be applied and must be asked for prior to receiving the credit.

  • Military Rewards – Being on active duty in the military could trigger a small discount.
  • Full Payment Discount – If you can afford to pay the entire bill instead of monthly or quarterly installments you could save 5% or more.
  • Anti-theft System – Anti-theft and alarm system equipped vehicles can help prevent theft and therefore earn up to a 10% discount.
  • No Accidents – Insureds with no claims or accidents can earn big discounts compared to bad drivers.
  • Defensive Driver Discount – Passing a course that instructs on driving safety could possibly earn you a 5% discount depending on where you live.
  • Low Mileage – Low annual miles could earn lower premium rates due to less chance of an accident.
  • Anti-lock Brake System – Vehicles with ABS and/or traction control can reduce accidents and therefore earn up to a 10% discount.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education in high school.

While discounts sound great, it’s important to understand that many deductions do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates you could get a free insurance coverage policy, it’s just not the way it works.

Popular insurance coverage companies and a selection of discounts can be read below.

  • GEICO may offer discounts for multi-policy, air bags, federal employee, military active duty, multi-vehicle, and driver training.
  • Auto-Owners Insurance may have discounts that include multi-policy, paperless, student away at school, anti-theft, and teen driver.
  • American Family offers discounts for air bags, multi-vehicle, defensive driver, good student, early bird, TimeAway discount, and accident-free.
  • Esurance has savings for defensive driver, online quote, multi-car, safety device, multi-policy, emergency road assistance, and Switch & Save.
  • Progressive offers premium reductions for continuous coverage, homeowner, online signing, multi-vehicle, multi-policy, and online quote discount.
  • State Farm policyholders can earn discounts including passive restraint, defensive driving training, driver’s education, Steer Clear safe driver discount, Drive Safe & Save, and anti-theft.
  • AAA offers discounts including multi-policy, education and occupation, multi-car, good student, and AAA membership discount.

When getting free insurance quotes, it’s a good idea to every company to give you their best rates. Some discounts listed above may not apply in your area.

Do I need special coverages?

When choosing the right insurance coverage for your personal vehicles, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

For example, these questions could help you determine whether or not you might need professional guidance.

  • Why am I required to buy liability insurance?
  • How can I get high-risk coverage after a DUI?
  • Is my dog or cat covered if injured in an accident?
  • Does having multiple vehicles earn me a discount?
  • If I drive on a suspended license am I covered?
  • Am I covered when driving in Canada or Mexico?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form.

Auto insurance coverage information

Learning about specific coverages of your policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Collision protection

This pays to fix your vehicle from damage caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like colliding with a tree, crashing into a building and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as X-ray expenses, chiropractic care and prosthetic devices. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Coverage for liability

This can cover injuries or damage you cause to other people or property by causing an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims like court costs, pain and suffering and medical services. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Comprehensive coverage

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like falling objects, a broken windshield, damage from getting keyed and theft. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Get your money’s worth

Low-cost 1995 Lincoln Mark VIII insurance is available on the web and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance providers do not provide price quotes online and these regional carriers work with local independent agents.

We just covered a lot of tips how to lower your 1995 Lincoln Mark VIII insurance prices. It’s most important to understand that the more times you quote, the better your chances of lowering your rates. You may be surprised to find that the lowest prices are with an unexpected company.

When shopping online for insurance coverage, you should never sacrifice coverage to reduce premiums. There are too many instances where drivers have reduced liability coverage limits only to find out that the small savings ended up costing them much more. The ultimate goal is to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.

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