2014 Lincoln MKT Car Insurance Rates – 9 Ways to Save

Finding cheap car insurance may seem to be somewhat intimidating for consumers new to comparing prices on the web. With more and more insurance companies available, how can consumers have a chance to compare each option to find the best available rates?

You should make it a habit to price shop coverage as often as possible since rates trend upward over time. Despite the fact that you may have had the lowest premium rates on MKT coverage on your last policy there is a good chance you can find better prices now. Ignore everything you know about car insurance because you’re about to learn one of the best ways to find better rates and still maintain coverage.

The purpose of this post is to let you in on the most effective way to quote insurance and some tricks to saving. If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using these methods. Nevertheless, vehicle owners need to have an understanding of how insurance companies price online insurance and apply this information to your search.

How much is auto insurance?

To find inexpensive insurance quotes, there are several ways of comparing price quotes from auto insurance companies in your area. The fastest way to find competitive 2014 Lincoln MKT insurance rates consists of obtaining rate quotes online. It’s really quite simple and can be done in just a few minutes using one of these methods.

  1. One of the best ways to get quotes is to use a rate comparison form (click to open form in new window). This easy form keeps you from doing repetitive form entry for each company you want a rate for. One simple form gets prices estimates from auto insurance companies with the best prices. It’s definitely the quickest method.
  2. A more time consuming way to find lower rates requires a visit to the website of each company and complete a new quote form. For examples sake, we’ll pretend you want to compare State Farm, 21st Century and Farmers. You would be required to navigate to each company’s site and enter your policy data, which is not fast way to get rate quotes. For a list of links to insurance companies in your area, click here.

Take whichever approach you prefer, but make sure you are using the exact same coverages for every company. If you enter unequal deductibles or liability limits it’s impossible to make an equal comparison. Just slight variations in coverages could throw off the whole comparison. And when comparison shopping, comparing a large number of companies helps locate more affordable insurance. Not every company allows you to get price estimates online, so you also need to get price quotes from them, too.

Cheap insurance coverage rates with discounts

Some providers don’t list their entire list of discounts in an easy-to-find place, so the list below contains a few of the more common and also the lesser-known credits that you can use to lower your rates.

  • Senior Citizen Rates – Seniors may be able to get a small discount on rates on MKT coverage.
  • Driver’s Ed – Reduce the cost of insurance for teen drivers by having them complete a driver education course if offered at their school.
  • Discounts for Seat Belt Usage – Forcing all vehicle occupants to buckle up could save 15% on medical payment and PIP coverage.
  • Resident Student – Any of your kids who are enrolled in a college that is more than 100 miles from home and do not take a car to college can receive lower rates.
  • Switch and Save Discount – Select insurance coverage companies give a discount for switching policies prior to your current policy expiring. This can save 10% or more.
  • Defensive Driving Course – Taking part in a defensive driving course can save you 5% or more and easily recoup the cost of the course.
  • Federal Government Employee – Active or retired federal employment can save as much as 8% on MKT coverage with certain companies.
  • Passive Restraints – Options like air bags or motorized seat belts may qualify for discounts of 20 to 30 percent.
  • Multiple Policy Discount – When you combine your home and auto insurance with one insurance company you will save 10% to 20% off each policy.

Just know that most discounts do not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So even though you would think it’s possible to get free car insurance, you’re out of luck. Any qualifying discounts will help reduce your premiums.

Car insurance companies that possibly offer these benefits are:

Before purchasing a policy, check with all the companies how many discounts you can get. A few discounts may not apply in your state. For a list of providers who offer cheap insurance coverage quotes, click here to view.

Tailor your insurance coverage coverage to you

When it comes to buying the right insurance coverage, there is no “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that might point out whether or not you would benefit from professional advice.

  • Do I need medical payments coverage since I have good health insurance?
  • Do I need added coverage for expensive stereo equipment?
  • Is my Lincoln MKT covered if I use it for business?
  • Why am I required to buy high-risk coverage?
  • Should I have a commercial auto policy?
  • When can I cancel my policy?
  • How high should deductibles be on a 2014 Lincoln MKT?
  • Am I covered if my car is in a flood?
  • Can my teen driver be rated on a liability-only vehicle?
  • If my 2014 Lincoln MKT is totaled, can I afford another vehicle?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form.

Coverage specifics

Having a good grasp of insurance can help you determine the right coverages at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and damage to your Lincoln MKT.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Normally the UM/UIM limits are similar to your liability insurance amounts.

Collision coverage – Collision insurance pays for damage to your MKT resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as hitting a parking meter, crashing into a building, damaging your car on a curb, scraping a guard rail and hitting a mailbox. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverages – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hitting a deer, damage from getting keyed, hail damage and hitting a bird. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability coverages – This can cover damage that occurs to other’s property or people in an accident. This insurance protects YOU from legal claims by others. It does not cover 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 might see limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like structural damage, medical expenses, emergency aid, loss of income and bail bonds. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for dental work, nursing services, prosthetic devices, ambulance fees and X-ray expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Saving money is sweet as honey

Insureds who switch companies do it for a number of reasons such as not issuing a premium refund, high prices, policy cancellation and even an unsatisfactory settlement offer. It doesn’t matter what your reason, choosing a new company can be easy and end up saving you some money.

In this article, we covered a lot of ways to reduce 2014 Lincoln MKT insurance premium rates online. It’s most important to understand that the more you quote insurance, the better your chances of lowering your prices. Consumers may even find the most savings is with a small mutual company.

As you shop your coverage around, it’s not a good idea to reduce needed coverages to save money. There are many occasions where an accident victim reduced liability coverage limits and found out when filing a claim that the savings was not a smart move. The goal is to find the BEST coverage at an affordable rate while still protecting your assets.

More detailed insurance information is located in the articles below: