Lincoln MKT Owners Find the Lowest Car Insurance Rates

I can’t think of anyone who looks forward to buying car insurance, especially knowing they are paying too much.

Companies like State Farm, Farmers Insurance, GEICO and Allstate increase brand awareness with advertising and it can be hard to ignore the flashy ads and find the best price available.

It’s a good habit to shop coverage around before your policy renews due to the fact that insurance rates trend upward over time. Even if you got the best deal for MKT coverage two years ago you may be paying too much now. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to one of the best ways to eliminate unnecessary coverages and save money.

If you are paying for car insurance now, you will most likely be able to reduce your rates substantially using these methods. Finding affordable coverage is not rocket science. Nevertheless, consumers must comprehend the way companies determine prices because it can help you find the best coverage.

Save money by taking advantage of these discounts

Car insurance companies don’t always publicize every discount very clearly, so the following is a list of both the well known as well as the least known savings tricks you should be using.

Payment Method – If you pay your bill all at once instead of paying each month you may reduce your total bill.
Braking Control Discount – Cars that have steering control and anti-lock brakes prevent accidents and earn discounts up to 10%.
Life Insurance – Larger companies have lower rates if you buy life insurance from them.
Government Employees – Simply working for the federal government can earn a discount up to 10% for MKT coverage with certain companies.
Multiple Cars – Insuring all your vehicles on one policy can get a discount on all vehicles.
Organization Discounts – Participating in certain professional organizations is a good way to get lower rates on car insurance for MKT coverage.

It’s important to understand that most discount credits are not given to the entire cost. Some only reduce individual premiums such as medical payments or collision. So when it seems like all the discounts add up to a free policy, it just doesn’t work that way.

Why you might be paying too much to insure your Lincoln MKT

An important part of buying insurance is that you know the different types of things that play a part in calculating the rates you pay for car insurance. Knowing what impacts premium levels enables informed choices that will entitle you to much lower annual insurance costs.

Better credit scores mean better rates – A driver’s credit score is a important factor in determining what you pay for car insurance. Consumers who have excellent credit tend to be less risk to insure than drivers with lower credit scores. So if your credit history is low, you could save money insuring your Lincoln MKT by improving your credit score.
Car features impact rates – Purchasing a vehicle with an alarm system can save you a little every year. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.
Older drivers save more – Mature drivers tend to be more responsible, file fewer claims and are safer drivers. Teen drivers are statistically proven to get distracted easily in a vehicle therefore car insurance rates are much higher.
Please use or commuting – Driving more miles every year the higher your rates will be. Most insurance companies rate vehicles based upon how you use the vehicle. Cars not used for work or commuting get more affordable rates as compared to vehicles used primarily for driving to work. An improperly rated MKT can result in significantly higher rates. Ask your agent if your car insurance coverage shows the proper vehicle usage.
Being married is a good thing – Having a wife or husband helps lower the price on your car insurance policy. Marriage usually means you are more mature and responsible and it’s proven that married drivers get in fewer accidents.
Don’t skimp on liability – The liability section of your policy provides coverage if ever you are found to be at fault for damages caused by your negligence. It will provide legal defense up to the limits shown on your policy. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not cut corners here.
Men are more aggressive – Statistics demonstrate that men are more aggressive behind the wheel. However, don’t assume that women are BETTER drivers than men. Men and women have accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also receive more costly citations such as DWI and reckless driving.

Do I just need basic coverages?

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s situation is a little different and your policy should reflect that. For example, these questions could help you determine if you may require specific advice. insurance prices

Is my dog or cat covered if injured in an accident?
I don’t drive much so do I pay less?
Does my insurance cover damage caused when ticketed for reckless driving?
What is high-risk coverage and where do I buy it?
Is my vehicle covered by my employer’s policy when using it for work?
Are split liability limits better than a combined single limit?
What is covered by UM/UIM coverage?
What are the financial responsibility laws in my state?

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. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Buying car insurance locally

Some people prefer to get advice from a local agent and that is just fine! One of the best bonuses of getting online price quotes is that you can obtain the lowest rates and still have an agent to talk to.

After filling out this short form, the quote information gets sent to participating agents who will compete to get your business. You won’t need to drive around since price quotes are sent to your email. How’s that for easy! You can find the lowest rates and work with a local agent.

Picking an insurance company needs to be determined by more than just the bottom line cost. Any agent should be forthright in answering these questions:

Is the agency involved in supporting local community causes?
Who are their largest clients?
If they are an independent agency, which companies do they recommend?
Do the companies they represent have a solid financial rating?
Are they full-time agents?
Are you getting all the discounts the company offers?
If you are a high risk driver, do they have special markets for your coverage?
How much will you save each year by using a higher deductible?

The different types of insurance agents

When finding a reliable agent, there are a couple of types of agencies to choose from. Insurance agencies can either be independent (non-captive) or captive.

Agency Captives

Captive insurance agents can only place business with one company and examples are Farmers Insurance, American Family, State Farm and Allstate. Captives cannot provide prices from multiple companies so always compare other rates. Captive agents are usually quite knowledgeable on the products they sell which can be an advantage.

Independent Insurance Agents

Independent insurance agents do not work for one specific company so they have the ability to put coverage with any number of different companies depending on which coverage is best. To transfer your coverage to a different company, they simply move the coverage in-house and that require little work on your part. When shopping rates, you should always include multiple independent agents for maximum quote selection.

For a full directory of agencies, click here.

Once you have received satisfactory answers to these questions and an affordable coverage quote, chances are good that you have found a car insurance agent that meets your needs to service your policy.

Quote more, save more

Budget-conscious Lincoln MKT insurance is attainable on the web as well as from independent agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies don’t offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

As you shop your coverage around, don’t be tempted to buy poor coverage just to save money. There are a lot of situations where drivers have reduced full coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to purchase plenty of coverage at a price you can afford, not the least amount of coverage.