Are you tired of paying out the nose to pay your car insurance bill each month? You’re in the same situation as most other car owners.
Numerous auto insurance companies battle for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the lowest cost out there.
If you currently have car insurance, you should be able to reduce your rates substantially using this information. Finding affordable coverage is easy if you know what you’re doing. Nevertheless, drivers benefit from understanding how the larger insurance companies market on the web and take advantage of how the system works.
When shopping for insurance coverage there are multiple ways of comparing price quotes and find the best price. The quickest method to find the lowest 2013 Lincoln MKT rates is simply to get online rate quotes. This can be done in just a few minutes using one of these methods.
For a list of links to insurance companies in your area, click here.
Whichever way you use, make absolute certain that you use exactly the same coverage information on every quote you get. If you compare different deductibles it will be impossible to find the best deal for your Lincoln MKT. Quoting even small variations in insurance coverages can result in a big premium difference. And when comparison shopping, quoting more provides better odds of finding the best price.
When buying coverage, there really is no cookie cutter policy. Every insured’s situation is different so this has to be addressed. For instance, these questions can aid in determining whether you could use an agent’s help.
If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.
Understanding the coverages of your policy can help you determine the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.
Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Lincoln MKT.
Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.
Liability coverages – Liability coverage can cover injuries or damage you cause to other people or property in an accident. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.
Liability coverage pays for claims such as loss of income, medical expenses, funeral expenses and medical services. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.
Collision – Collision insurance covers damage to your MKT resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims like backing into a parked car, driving through your garage door and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.
Comprehensive insurance – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims like hitting a deer, a broken windshield, damage from flooding, falling objects and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.
Coverage for medical expenses – Med pay and PIP coverage pay for short-term medical expenses for things like dental work, EMT expenses, pain medications, ambulance fees and funeral costs. They are used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage