2001 Lincoln LS Car Insurance Cost – 9 Tips for Cheapest Prices

Shoppers have lots of choices when shopping for affordable Lincoln LS insurance. You can either waste hours contacting agents trying to get quotes or save time using the internet to find the lowest rates. There is a right way and a wrong way to compare car insurance rates and we’ll show you the quickest way to get price quotes for your Lincoln and locate the cheapest rates.

It’s a good idea to do price comparisons before your next renewal since prices are adjusted regularly by insurance companies. Just because you found the lowest rates on LS coverage last year you may be paying too much now. Ignore everything you know about car insurance because it’s time to teach you the fastest way to properly buy coverages and cut your premium.

How to lower your auto insurance cost

Finding a better price on auto insurance is surprisingly easy. Consumers just need to spend a few minutes to compare rate quotes to find. Price comparisons can be done using a couple different methods.

1. The easiest and least time consuming way to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This easy form eliminates the need for separate quotation requests to each individual auto insurance company. One quote request will return quotes from all major companies. Recommended for those who want to invest the least amount of time.
2. A harder way to get comparison quotes consists of going to each company’s website and request a quote. For examples sake, we’ll pretend you want to see prices from Farmers, Esurance and Progressive. To do that, you would have to spend time on each company’s site and type in your information over and over, which can be really labor intensive.

   To view a list of companies in your area, click here.

Take whichever approach you prefer, but try to use exactly the same deductibles and coverage limits for every quote you compare. If each company quotes different liability limits it will be impossible to determine the best price for your Lincoln LS.

Insurance coverage can get complicated

When it comes to choosing adequate coverage for your personal vehicles, there really is no “best” method to buy coverage. Every situation is different.

For example, these questions may help highlight if your situation may require specific advice.

• Are rock chip repairs covered?
• What is the minimum liability in my state?
• How can I force my company to pay a claim?
• Will I lose any money if I cancel my policy before it expires?
• Does my policy cover me when driving someone else’s vehicle?
• Do I need roadside assistance coverage?
• How can I get my company to pay me more for my totalled car?
• Can I rent a car in Mexico?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and can provide invaluable advice.

Auto insurance coverages and their meanings

Having a good grasp of your auto insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Lincoln LS.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision coverage protection

Collision insurance covers damage to your LS resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with another moving vehicle, driving through your garage door, colliding with a tree, damaging your car on a curb and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible to save money on collision insurance.

Liability coverage

This coverage can cover damage that occurs to other’s property or people in an accident. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things like medical expenses, emergency aid, legal defense fees and court costs. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for bills such as surgery, hospital visits, ambulance fees, nursing services and prosthetic devices. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. 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 available in all states and may carry a deductible

Comprehensive protection

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from getting keyed, theft and hitting a deer. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.