View 1996 Lincoln Mark VIII Insurance Quotes

Want lower auto insurance rates for your Lincoln Mark VIII? Do you think you bought an overpriced auto insurance policy? It’s a common feeling and many consumers are feeling buyer’s remorse and feel like there’s no way out.

Popular companies such as Progressive, GEICO and Farmers Insurance continually bombard you with catchy ads and it is difficult to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.

The quickest method to compare car insurance rates is to know the trick all the major auto insurance companies have advanced systems to provide you with free rate quotes. All consumers are required to do is take a few minutes to give details such as which vehicles you own, if you require a SR-22, if it has an alarm system, and what you do for a living. That rating information is instantly submitted to many different companies and you receive quotes almost instantly.

Well known brands might not be cheapest

Popular insurance providers such as Progressive, GEICO, Allstate and State Farm seem to constantly run television and radio advertisements. All the companies try to convey promises about savings if you switch your policy. How does every insurance company save you money? Just pay attention to how they say it.

Most companies have a certain “appetite” for a prospective insured that earns them a profit. For instance, a driver they prefer might be described as over the age of 40, has a clear driving record, and drives less than 7,500 miles a year. Any new insured who fits those characteristics will get a cheap rate quote and will also save when they switch companies.

Consumers who don’t meet this ideal profile will probably be forced to pay higher premium rates and the driver buying from a lower-cost company. If you listen to the ad wording, they say “customers who switch” not “all people who quote” save that much money. That’s the way insurance companies can confidently claim big savings.

Because of this risk profiling, drivers must get price quotes at each policy renewal. It’s impossible to know with any certainty which company will fit you best based on your risk profile.

Five things that affect your insurance premiums

Part of the insurance buying process is learning some of the elements that play a part in calculating the rates you pay for insurance. When consumers understand what impacts premium levels, this allows you to make good choices that can help you get cheaper rates.

  • Optional features impact insurance rates – Owning a car with an alarm system can help bring down rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop your car from being stolen.
  • Do males or females drive better? – The statistics show that men are more aggressive behind the wheel. However, this does not mean men are WORSE drivers than women. Females and males tend to get into fender benders in similar numbers, but males get into accidents with more damage. Men also tend to get cited for more serious violations like driving under the influence (DUI).
  • Safer occupants lowers prices – Vehicles with good safety scores cost less to insure. The safest vehicles help reduce the chance of injuries in an accident and any reduction in injury severity translates into savings for insurance companies and cheaper rates on your policy.
  • Good credit saves on insurance – An insured’s credit rating can be a huge factor in determining what you pay for insurance. People that have excellent credit tend to be more responsible than those with poor credit. Therefore, if your credit history can use some improvement, you may save money insuring your 1996 Lincoln Mark VIII by repairing your credit.
  • Youthful drivers cost more – Teenage drivers tend to be more careless when at the wheel of a vehicle and because of this, their insurance rates are much higher. Adding a youthful driver onto a policy can increase premiums substantially. More experienced drivers have been proven to be more responsible, statistically cause fewer accidents .

Lower-cost auto insurance rates with discounts

The cost of insuring your cars can be expensive, but discounts can save money and there are some available to help offset the cost. Many discounts should be triggered at the time you complete a quote, but some may not be applied and must be specially asked for before they will apply. If they aren’t giving you every credit possible, you could be getting lower rates.

  • Policy Bundle Discount – If you can combine your auto and homeowners policy with the same company you could earn a discount of 10% to 20% off each policy.
  • Telematics Devices – People who choose to allow their company to monitor driving patterns by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction as long as they are good drivers.
  • Passive Restraint Discount – Factory air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • Low Miles Discount – Driving fewer miles could earn substantially lower prices.
  • Organization Discounts – Being a member of a civic or occupational organization is a simple method to lower premiums on your next renewal.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time as opposed to paying monthly you can avoid monthly service charges.
  • Early Switch Discount – Some larger companies reward drivers for buying a policy before your current expiration date. The savings is around 10%.

Discounts save money, but please remember that some of the credits will not apply to the entire cost. Some only apply to individual premiums such as liability and collision coverage. Even though it appears all those discounts means the company will pay you, auto insurance companies aren’t that generous.

Larger auto insurance companies and some of the discounts are detailed below.

  • GEICO may include discounts for driver training, anti-theft, defensive driver, multi-policy, military active duty, and federal employee.
  • Travelers may have discounts that include home ownership, payment discounts, new car, early quote, multi-policy, multi-car, and hybrid/electric vehicle.
  • Nationwide policyholders can earn discounts including accident-free, family plan, Farm Bureau membership, defensive driving, easy pay, and multi-policy.
  • Farmers Insurance discounts include distant student, multi-car, good student, early shopping, and alternative fuel.
  • Esurance includes discounts for claim free, renters, good driver, homeowner, and safety device.
  • State Farm offers discounts including multiple autos, defensive driving training, Drive Safe & Save, accident-free, and driver’s education.
  • Progressive has savings for online quote discount, continuous coverage, good student, multi-vehicle, homeowner, online signing, and multi-policy.
  • Mercury Insurance offers discounts for multi-car, good driver, low natural disaster claims, accident-free, and good student.

When getting free insurance quotes, it’s a good idea to all companies you are considering which discounts can lower your rates. Some credits may not apply everywhere. For a list of insurance companies who offer online auto insurance quotes, click here.

Tailor your car insurance coverage to you

When it comes to buying adequate coverage, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For instance, these questions could help you determine if you might need professional guidance.

  • Are all vehicle passengers covered by medical payments coverage?
  • What is no-fault insurance?
  • What is roadside assistance coverage?
  • Why does it cost so much to insure a teen driver?
  • Is my babysitter covered when using my vehicle?
  • What should my uninsured motorist coverage limits be in my state?
  • What if I owe more than I can insure my car for?
  • What can I do if my company denied a claim?
  • At what point should I drop full 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. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Parts of your auto insurance policy

Understanding the coverages of a auto insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring. Listed below are typical coverages available from auto insurance companies.

Coverage for medical expenses – Coverage for medical payments and/or PIP reimburse you for bills for things like chiropractic care, hospital visits, pain medications and dental work. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Collision coverage – This coverage covers damage to your Mark VIII from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like scraping a guard rail, crashing into a building, hitting a parking meter, crashing into a ditch and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Auto liability insurance – This coverage can cover injuries or damage you cause to other people or property. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability insurance covers things like bail bonds, repair bills for other people’s vehicles, funeral expenses, attorney fees and medical expenses. How much coverage you buy is your choice, but buy as much as you can afford.

Coverage for uninsured or underinsured drivers – This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your Lincoln Mark VIII.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Normally these limits are similar to your liability insurance amounts.

Comprehensive auto insurance – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a bird, damage from flooding and rock chips in glass. The most your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

A penny earned…

In this article, we presented a lot of tips how to compare 1996 Lincoln Mark VIII insurance rates online. It’s most important to understand that the more price quotes you have, the better your comparison will be. Consumers could even find that the most savings is with some of the lesser-known companies. These companies often have lower auto insurance rates on specific markets as compared to the big name companies such as State Farm and Allstate.

Discount 1996 Lincoln Mark VIII insurance can be found both online in addition to many insurance agents, and you should compare rates from both to have the best selection. Some insurance companies don’t offer the ability to get a quote online and usually these small, regional companies only sell coverage through independent agencies.

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