2012 Lincoln MKX Insurance Rates – 9 Ways to Save

If price shopping insurance quotes online is new to you, you can be bewildered by the vast assortment of insurers who claim to have the best auto insurance rates.

It’s important to compare prices once or twice a year because auto insurance prices change regularly. Despite the fact that you may have had the best deal on MKX insurance a couple years back you will most likely find a better premium rate today. Forget all the misinformation about auto insurance because you’re going to get a crash course in the right way to save money, get proper coverage and the best rates.

Car insurance policy discounts you can’t miss

Auto insurance companies don’t necessarily list their entire list of discounts very clearly, so the below list has both well-publicized and the harder-to-find discounts that you can inquire about if you buy insurance online.

  • Homeowners Discount – Just being a homeowner can save you money due to the fact that maintaining a home requires personal responsibility.
  • Theft Prevention System – Cars and trucks equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Student Discounts – A discount for being a good student could provide a savings of up to 20% or more. Most companies allow this discount up to age 25.
  • Accident Forgiveness Coverage – Not necessarily a discount, but companies like Liberty Mutual, Allstate and State Farm will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims prior to being involved in the accident.
  • Multi-policy Discount – When you have multiple policies and place coverage with the same company you could save up to 20% off your total premium.
  • Seat Belts Save – Using a seat belt and requiring all passengers to fasten their seat belts could save 15% off the personal injury premium cost.
  • Onboard Data Collection – Insureds who allow data collection to spy on driving patterns remotely such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they are good drivers.
  • Discount for New Cars – Adding a new car to your policy may earn a small discount because new model year vehicles are generally safer.
  • Save over 55 – Seniors can possibly qualify for better car insurance rates on MKX insurance.

Don’t be surprised that most credits do not apply to the overall cost of the policy. A few only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, it just doesn’t work that way.

A partial list of companies that possibly offer many of the previously listed discounts include:

If you need lower rates, check with every company how you can save money. Depending on the company, some discounts may not be offered in your area.

Insurance agents can help

When choosing proper insurance coverage, there really is no “perfect” insurance plan. Everyone’s needs are different.

For instance, these questions might help in determining if your situation might need an agent’s assistance.

  • Can I get a multi-policy discount?
  • Do I really need UM/UIM coverage?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Do I need to file an SR-22 for a DUI in my state?
  • What companies insure drivers after a DUI or DWI?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Does my car insurance cover rental cars?
  • Does my 2012 Lincoln MKX need full coverage?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form.

Educate yourself about insurance coverages

Having a good grasp of your policy helps when choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Auto liability insurance – Liability coverage provides protection from damage or injury you incur to people or other property in an accident. It protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims such as structural damage, medical expenses and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical payments – Coverage for medical payments and/or PIP kick in for bills for things like surgery, chiropractic care and dental work. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverages – Comprehensive insurance coverage pays to fix your vehicle from 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 like vandalism, damage from flooding and a broken windshield. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Lincoln MKX.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Collision coverage – Collision insurance pays for damage to your MKX from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as rolling your car, driving through your garage door, sustaining damage from a pot hole, hitting a mailbox and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Shop smart and save

There are still a few companies who do not provide rates over the internet and usually these regional carriers only sell coverage through independent insurance agencies. Budget-conscious 2012 Lincoln MKX insurance can be found both online and from local agencies, so you should be comparing quotes from both in order to have the best price selection to choose from.

As you restructure your insurance plan, it’s not a good idea to reduce needed coverages to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits and discovered at claim time that the few dollars in savings costed them thousands. Your focus should be to purchase a proper amount of coverage at a price you can afford, but do not skimp to save money.

We covered a lot of techniques to compare 2012 Lincoln MKX insurance auto insurance rates online. The most important thing to understand is the more quotes you get, the better likelihood of getting inexpensive insurance. Consumers may even find the best price on car insurance is with the smaller companies.

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