Tired of scraping the payment together each month for car insurance? You are no different than the majority of other car owners. Having so many auto insurance companies to choose from, it’s difficult to pick the lowest cost insurer.
The purpose of this article is to help you learn the best way to quote coverages and some tricks to saving. If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using this information. Drivers just need to know the best way to get comparison rates on the web.
Properly insuring your vehicles can get expensive, but companies offer discounts that can drop the cost substantially. A few discounts will automatically apply when you purchase, but a few need to be specially asked for before you get the savings. If you aren’t receiving every discount available, you are throwing money away.
Drivers should understand that some of the credits will not apply to the entire cost. A few only apply to individual premiums such as medical payments or collision. So when the math indicates having all the discounts means you get insurance for free, you won’t be that lucky. Any amount of discount will help reduce the amount you have to pay.
For a list of providers offering car insurance discounts, click this link.
Finding lower auto insurance rates is actually quite simple. All you need to do is invest a few minutes to get quotes online from several insurance companies. This is very easy and can be done in several different ways.
It doesn’t matter which method you choose, just be sure to compare apples-to-apples coverage limits on every quote. If you enter differing limits then you won’t be able to determine the lowest rate for your Lincoln MKS.
When it comes to choosing adequate coverage, there is no cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed. For instance, these questions can aid in determining if your situation will benefit from professional help.
If you’re not sure about those questions, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It is quick, free and may give you better protection.
Understanding the coverages of your insurance policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are the normal coverages found on most insurance policies.
Collision coverages – This coverage pays for damage to your MKS resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.
Collision coverage pays for things like damaging your car on a curb, sustaining damage from a pot hole, hitting a mailbox and crashing into a building. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.
Comprehensive protection – This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as hitting a bird, damage from a tornado or hurricane and damage from getting keyed. The most a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Auto liability – This provides protection from damage that occurs to a person or their property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.
Liability insurance covers things like medical services, pain and suffering, bail bonds and repair bills for other people’s vehicles. How much coverage you buy is up to you, but you should buy as large an amount as possible.
Medical expense coverage – Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for funeral costs, pain medications and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage
Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2010 Lincoln MKS.
Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages do not exceed the liability coverage limits.
Affordable 2010 Lincoln MKS insurance can be purchased online and also from your neighborhood agents, so you should compare both in order to have the best price selection to choose from. A few companies may not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.
While you’re price shopping online, you should never reduce needed coverages to save money. There are too many instances where an accident victim reduced full coverage only to regret at claim time that the savings was not a smart move. Your focus should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.
We just presented quite a bit of information on how to lower your insurance rates. It’s most important to understand that the more companies you get rates for, the more likely it is that you will get a better rate. You may even find the best price on insurance coverage is with a company that doesn’t do a lot of advertising. They may cover specific market segments cheaper than their larger competitors like Allstate, GEICO and Progressive.
Additional information can be found at these links: