2011 Lincoln MKS Insurance Rates – 7 Tips for Cheaper Quotes

Tired of robbing Peter to pay Paul to insure your Lincoln every month? Your situation is no different than many other drivers.

Insurance companies such as Progressive, State Farm and Geico constantly blast consumers with ads and consumers find it hard to see through the deception and effectively compare rates to find the best deal.

Take advantage of discounts

Auto insurance companies don’t necessarily list all their discounts in a way that’s easy to find, so here is a list some of the best known and the harder-to-find insurance coverage savings.

  • Employee of Federal Government – Being employed by or retired from a federal job could cut as much as 10% off for MKS coverage with certain companies.
  • Passive Restraints – Vehicles with factory air bags may earn rate discounts of up to 25% or more.
  • Student Driver Training – Require your teen driver to complete a driver education course if it’s offered in school.
  • Accident Waiver – A handful of insurance companies will forgive one accident before your rates go up if your claims history is clear prior to the accident.
  • Claim Free – Drivers with accident-free driving histories can save substantially when compared with accident-prone drivers.
  • Lower Rates for Military – Having a deployed family member can result in better rates.
  • Seat Belt Usage – Requiring all passengers to use their safety belts could save 15% on the medical payments or PIP coverage costs.

Consumers should know that most credits do not apply to all coverage premiums. Most only reduce the cost of specific coverages such as comp or med pay. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way.

To see a list of providers with discount insurance coverage rates, click this link.

Do drivers who switch really save $453 a year?

Car insurance providers like Allstate, Geico and Progressive consistently run ads on TV and radio. They all have a common claim that you can save if you change your policy. But how can every company claim to save you money? This is how they do it.

Insurance companies have a preferred profile for the type of driver that earns them a profit. An example of a desirable insured might be profiled as over the age of 40, is a homeowner, and has great credit. A customer who meets those qualifications will get very good rates and therefore will save when they switch companies.

Potential customers who don’t measure up to this ideal profile will be charged more money which usually ends up with the customer not buying. The ads say “customers that switch” not “everybody who quotes” save that much money. This is how insurance companies can confidently make the claims of big savings. That is why drivers must compare many company’s rates. You cannot predict which car insurance company will give you the biggest savings on Lincoln MKS insurance.

How to know if you need help

When it comes to buying proper insurance coverage, there really is not a one size fits all plan. Every situation is different so this has to be addressed. Here are some questions about coverages that might point out if your insurance needs may require specific advice.

  • Am I covered when driving a rental car?
  • How do I buy GAP insurance?
  • Does coverage extend to my business vehicle?
  • When would I need rental car insurance?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Do I need higher collision deductibles?
  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered if I break a side mirror?
  • Does coverage extend to a rental car in a foreign country?
  • What is medical payments coverage?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Specifics of your car insurance policy

Knowing the specifics of your car insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Car insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverages offered by car insurance companies.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as damage from getting keyed, theft, a broken windshield, damage from a tornado or hurricane and damage from flooding. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Lincoln MKS.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision coverage protection

This coverage pays for damage to your MKS from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like sustaining damage from a pot hole, hitting a parking meter, damaging your car on a curb, crashing into a building and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also increase the deductible to get cheaper collision coverage.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for bills like nursing services, EMT expenses, surgery, hospital visits and chiropractic care. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Auto liability insurance

Liability coverage will cover injuries or damage you cause to other people or property. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as emergency aid, loss of income, structural damage and attorney fees. How much liability should you purchase? That is a personal decision, but buy as much as you can afford.

Saving money is sweet as honey

We just covered many ways to reduce 2011 Lincoln MKS insurance prices online. The key thing to remember is the more times you quote, the better your comparison will be. Consumers could even find that the lowest premiums are with an unexpected company. They often have lower prices on specific markets compared to the large companies like Progressive and Geico.

The cheapest insurance can be sourced both online in addition to many insurance agents, so compare prices from both so you have a total pricing picture. There are still a few companies who do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. In many instances, someone sacrificed collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your focus should be to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

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