Cheaper 2003 Lincoln LS Insurance Quotes

Are you a victim of an overpriced insurance policy? Trust us, there are lots of people in the same boat. There are many insurance companies to pick from, and though it is a good thing to have multiple companies, too many choices makes it more difficult to compare rates.

It’s a good idea to compare prices once or twice a year because insurance rates change regularly. Even if you think you had the lowest rates on LS insurance six months ago there is a good chance you can find better rates now. So ignore everything you know about insurance because we’re going to show you the fastest and easiest way to find lower rates on insurance.

Lincoln LS rates are complex

Consumers need to have an understanding of the different types of things that play a part in calculating auto insurance rates. When you know what positively or negatively impacts premium levels helps enable you to make changes that could result in much lower annual insurance costs.

  • How’s your driving record? – Your driving citation history has a lot to do with how much you pay for insurance. Drivers with clean records have lower premiums compared to drivers with tickets. Only having one ticket may increase your cost by twenty percent. Drivers who have flagrant citations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 form to the state department of motor vehicles in order to keep their license.
  • Do you need the policy add-ons? – There are a lot of extra bells and whistles you can purchase if you aren’t careful. Coverages like rental car reimbursement, better glass coverage and membership fees are examples of these. They may seem good initially, but your needs may have changed so get rid of them and save.
  • Your location affects your rates – Residing in small towns and rural areas has it’s advantages when it comes to auto insurance. Fewer drivers means fewer accidents as well as less vandalism and auto theft. City drivers have to deal with congested traffic and a longer drive to work. More time on the road means higher likelihood of an accident.
  • Drive a safer car and pay less – Safer cars are cheaper to insure. Safe vehicles protect occupants better and fewer injuries translates into savings for insurance companies passed on to you as lower rates. If the Lincoln LS has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Allowing your policy to lapse raises rates – Driving your car without having proper coverage is a misdemeanor and as a result your rates will increase for letting your coverage have a gap. And not only will your rates increase, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • Discounts for married couples – Having a spouse can get you a discount on auto insurance. Marriage translates into being more mature and statistics show married drivers get in fewer accidents.
  • Adjust deductibles and save – The deductibles define the amount you are willing to pay out-of-pocket in the event of a claim. Physical damage insurance, also known as collision and other-than-collision, is used to repair damage to your car. Some instances where coverage would apply could be running into the backend of another car, damage from fire, and burglary. The more you are required to pay out-of-pocket, the lower your rates will be on LS insurance.

Don’t miss out on these money-saving discounts

Companies don’t necessarily list every available discount in a way that’s easy to find, so here is a list some of the best known and the harder-to-find insurance savings. If you aren’t receiving every discount you qualify for, you are paying more than you should be.

  • Paperwork-free – Certain companies will discount your bill up to fifty bucks just for signing your application online.
  • Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Senior Discount – If you’re over the age of 55, you may qualify for better insurance rates on LS insurance.
  • Claim Free – Drivers with accident-free driving histories can save substantially when compared to bad drivers.
  • Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
  • Driver’s Ed – Cut your cost by having your teen driver take driver’s ed class in high school.
  • Discount for Swiching Early – Some insurance companies reward drivers for signing up prior to your current policy expiring. The savings is around 10%.
  • No Charge for an Accident – Some insurance companies will forgive one accident before raising your premiums so long as you haven’t had any claims prior to the accident.
  • Low Mileage Discounts – Keeping the miles down on your Lincoln could qualify for discounted rates on garaged vehicles.
  • Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% on LS insurance with a few insurance companies.

It’s important to understand that some of the credits will not apply the the whole policy. Most only apply to individual premiums such as liability and collision coverage. Just because you may think all those discounts means the company will pay you, you won’t be that lucky.

A partial list of companies that may offer these benefits include:

Double check with each company which discounts they offer. Some discounts may not be available in every state.

Buyer beware of auto insurance advertising tricks

Consumers can’t ignore all the ads that promise big savings by State Farm, Allstate and Geico. They all make the same claim that you can save after switching to their company.

How do they all claim to save you money? It’s all in the numbers.

All companies can use profiling for the type of driver that is profitable for them. For instance, a profitable customer might be between 25 and 40, has no prior claims, and has excellent credit. A customer getting a price quote who meets those qualifications is entitled to the best price and most likely will save quite a bit of money when switching.

Consumers who don’t meet this ideal profile must pay a more expensive rate and ends up with business not being written. The ads state “people who switch” but not “drivers who get quotes” save that kind of money. That is how companies can truthfully make those claims. This illustrates why it is so important to get as many quotes as possible. It’s just too difficult to predict the company that will fit your personal profile best.

Do I need special coverages?

When it comes to choosing coverage, there is no perfect coverage plan. Everyone’s needs are different so this has to be addressed. Here are some questions about coverages that may help highlight whether your personal situation will benefit from professional help.

  • Who is covered by my policy?
  • Can my teen driver be rated on a liability-only vehicle?
  • Do I have coverage when making deliveries for my home business?
  • When should my teen driver be added to my policy?
  • What is roadside assistance coverage?
  • Why am I required to buy liability insurance?
  • Does my insurance cover a custom paint job?

If you don’t know the answers to these questions then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance coverages for a 2003 Lincoln LS

Knowing the specifics of your policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverages found on most insurance policies.

Collision – This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like sideswiping another vehicle, colliding with another moving vehicle, backing into a parked car and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like fire damage, vandalism, falling objects and a broken windshield. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for liability – Liability insurance provides protection from injuries or damage you cause to people or other property. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage protects against claims such as loss of income, funeral expenses, bail bonds, repair costs for stationary objects and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Medical expense insurance – Med pay and PIP coverage pay for bills for ambulance fees, chiropractic care and X-ray expenses. They are used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2003 Lincoln LS.

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. This is the reason having UM/UIM coverage should not be overlooked.

One last thing about your coverage

Discount 2003 Lincoln LS insurance can be found online as well as from independent agents, and you should compare price quotes from both to have the best selection. Some insurance providers don’t offer online quoting and many times these small, regional companies only sell through independent insurance agents.

When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. In many cases, an insured dropped uninsured motorist or liability limits only to discover later that it was a big mistake. The ultimate goal is to purchase plenty of coverage at a price you can afford, not the least amount of coverage.

More information can be found on the following sites: