Compare 2015 Lincoln MKZ Insurance Rates

Expensive insurance can take a big chunk out of your personal savings and make it impossible to make ends meet. Performing a rate comparison is recommended to slash your bill and have more diposable income.

Companies like GEICO and Progressive constantly bombard you with fancy advertisements and it is difficult to see past the corporate glitz and take the time to shop coverage around.

It is always a good idea to do rate comparisons once or twice a year since rates fluctuate regularly. Even if you got the best premium rates on MKZ insurance on your last policy a different company probably has better prices today. Ignore everything you know about insurance because I’m going to let you in on the secrets to the fastest and easiest way to save money, get proper deductibles and limits, all at the lowest rate.

If you have insurance now or need a new policy, you can learn to shop for the lowest rates and possibly find even better coverage. Finding the best rates is quite easy. Drivers just need to know the best way to compare prices online.

How to get free auto insurance quotes online

Many insurance companies like State Farm, GEICO and Progressive allow consumers to get prices directly from their websites. Getting prices online is fairly simple as you just type in into the form. Upon sending the form, the company’s rating system pulls your driving record and credit report and generates pricing information determined by many factors. Online quotes streamlines rate comparisons, but the time it takes to visit a lot of sites and type in the same data is not the best way to spend an afternoon. Unfortunately, it is important to get many rate quotes if you want to get the lowest price.

Rate comparisons made easy

The easiest way to lower your auto insurance bill utilizes a single form that analyzes rates from several different companies. The form is fast, eliminates repetitive work, and makes quoting online much more enjoyable. After sending the form, it is rated and you are able to buy any one of the quotes that you receive. If you find a better price you can simply submit the application and purchase the new policy. The whole process takes 15 minutes at the most and can result in significant savings.

In order to compare rates using this form now, simply click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you replicate the insurance coverages exactly as they are listed on your policy. This ensures you will be getting rate quotes using the same coverage and limits.

Insurance advertising tricks

Drivers can’t get away from ads that claim the best prices by companies like State Farm, GEICO and Progressive. All the companies advertise the message that people will save after switching your coverage to them.

Is it even possible that every company can give you a lower rate? It’s all in how they say it.

Insurance companies look for specific characteristics for the right customer that will most likely be profitable. One example of a driver they prefer may need to be over the age of 45, has no tickets, and insures a new vehicle. Any driver who meets those qualifications receive the lowest rate quotes and have a good chance to save when switching.

Consumers who fall outside the ideal profile may receive higher premium rates and ends up with business going elsewhere. The ads state “drivers who switch” but not “all drivers who get quotes” save money. This is how insurance companies can confidently make it sound like they have such great prices. This really illustrates why you really need to do a quote comparison often. Because you never know which insurance coverage company will have the lowest rates.

Insurance premium influencing factors

Lots of factors are taken into consideration when premium rates are determined. Some of the criteria are obvious such as your driving history, but others are not as apparent like your vehicle usage or how safe your car is.

  • When should you file a policy claims? – Companies generally give the lowest premiums to drivers who file claims infrequently. If you are the type of insured that files lots of claims you can expect higher rates. Your car insurance is intended to be relied upon for the large, substantial claims.
  • Getting married can lower rates – Getting married can get you a discount compared to being single. Having a significant other translates into being more stable financially and insurance companies reward insureds because drivers who are married are more cautious.
  • Prevent insurance lapses – Driving without insurance is a big no-no and insurance companies will penalize you for letting your insurance lapse for non-payment. In addition to paying higher premiums, being ticketed for driving with no insurance may result in a license revocation or jail time. You may need to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Occupation and insurance insurance rates – Occupations such as military personnel, business owners and stock brokers are shown to have higher rates than average attributed to high stress and long work days. Conversely, professions such as farmers, students and homemakers generally pay rates lower than average on MKZ insurance.
  • Annual miles is a factor – The more miles you rack up on your Lincoln in a year the higher your rates will be. Most insurance companies charge rates based upon how the vehicle is primarily used. Cars and trucks not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your MKZ is throwing money out the window. It’s always a good idea to double check that your insurance policy properly reflects the right rating data, because improper ratings can cost you money.
  • Gender and auto insurance rates – The statistics show women tend to be less risk to insure than men. The data does not necessarily mean that men are worse drivers. Males and females cause auto accidents at about the same rate, but the males cause more damage. Not only are claims higher, but men get higher numbers of serious violations like reckless driving and DUI.
  • More than one policy can earn a discount – Many insurance companies apply discounts to people who carry more than one policy, otherwise known as a multi-policy discount. Even if you qualify for this discount already, drivers will still want to compare other company rates to help guarantee you have the best rates.
  • Liability coverage – Your insurance policy’s liability coverage will protect you when you are determined to be liable for causing damage or personal injury in an accident. Your policy’s liability insurance provides legal defense coverage to defend your case. This coverage is very inexpensive compared to comp and collision, so do not skimp.

More discounts mean cheaper premiums

Insurance is not inexpensive, but there may be some discounts that you may not even be aware of. Larger premium reductions will be automatically applied when you quote, but some must be specially asked for prior to getting the savings. If you are not receiving all the discounts available, you are throwing money away.

  • Life Insurance Discount – Insurance companies who offer life insurance give a discounted price on car insurance if you buy life insurance from them.
  • Paper-free Discount – A few larger companies will give you a small discount for buying your policy on your computer.
  • Active Military Service – Having a deployed family member can result in better insurance rates.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • Federal Government Employee – Being employed by or retired from a federal job could provide a small rate reduction on MKZ insurance with a few insurance companies.
  • Save with a New Car – Buying a new car model can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • First Accident Forgiveness – but a handful of insurance companies allow you one accident before raising your premiums so long as you are claim-free prior to being involved in the accident.
  • Cautious Driver Discount – Insureds without accidents can save up to 40% or more on their auto insurance quote on MKZ insurance compared to rates paid by drivers with frequent claims.
  • Accident-Free Discounts – Claim-free drivers are rewarded with significantly better rates on auto insurance quote as compared to insureds who have frequent claims or accidents.

It’s important to note that some of the credits will not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as liability and collision coverage. Despite the fact that it seems like you can get free auto insurance, insurance companies wouldn’t stay in business.

Some companies that may offer quotes with some of the discounts shown above may include but are not limited to:

Before buying, ask each company to give you their best rates. Savings may not be offered in your area. To choose insurers that offer discounts, click this link.

It’s not one size fits all

When choosing coverage for your vehicles, there really is no “best” method to buy coverage. Each situation is unique so this has to be addressed. These are some specific questions might point out if your situation may require specific advice.

  • Do I need added coverage for expensive stereo equipment?
  • Do I need replacement cost coverage?
  • Does my medical payments coverage pay my health insurance deductible?
  • What is roadside assistance coverage?
  • What is the ISO rating for a 2015 Lincoln MKZ?
  • Is my ex-spouse still covered by my policy?
  • What is UM/UIM insurance?
  • Am I covered if I hit my neighbor’s mailbox?
  • Do I need rental car coverage?

If you can’t answer these questions, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and may give you better protection.

Car insurance coverages and their meanings

Understanding the coverages of a car insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages offered by car insurance companies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Lincoln MKZ.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Collision coverage protection

This coverage covers damage to your MKZ resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as colliding with a tree, colliding with another moving vehicle, scraping a guard rail and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as damage from getting keyed, a broken windshield, hail damage, rock chips in glass and theft. The highest amount you can receive from a comprehensive claim 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.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like chiropractic care, rehabilitation expenses and pain medications. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Liability auto insurance

This coverage provides protection from damage or injury you incur to a person or their property in an accident. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability insurance covers things such as attorney fees, court costs and loss of income. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

In Summary

In this article, we covered a lot of tips how to compare 2015 Lincoln MKZ insurance rates online. The most important thing to understand is the more times you quote, the better your chances of lowering your car insurance rates. Drivers may discover the lowest rates are with a company that doesn’t do a lot of advertising. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate or State Farm.

As you restructure your insurance plan, do not reduce needed coverages to save money. There have been many cases where an insured dropped collision coverage and learned later that the small savings ended up costing them much more. The proper strategy is to purchase a proper amount of coverage at a price you can afford, but do not sacrifice coverage to save money.

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