Cheap 2013 Lincoln MKX Insurance Quotes

Paying for high-priced Lincoln MKX insurance can take a big chunk out of your bank account and force you to prioritize other expenses. Comparing price quotes is a great way to lower your monthly bill. Since consumers have many insurance providers from which to choose, it is hard for the average consumer to pick the lowest price company.

The best way to compare car insurance company rates is to realize most of the larger companies provide online access to provide you with a free rate quote. The only thing you need to do is provide a little information such as whether the vehicles are used for commuting, driver ages, your general credit rating, and your occupation. That rating information is sent automatically to many different companies and they return cost estimate instantly to find the best rate.

Cut your premium with discounts

Insurance can be prohibitively expensive, but there could be available discounts that can drop the cost substantially. Certain discounts will be applied when you purchase, but less common discounts must be manually applied prior to getting the savings. If you don’t get every credit possible, you are paying more than you should be.

  • Good Students Pay Less – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
  • Accident Waiver – A handful of insurance companies will forgive one accident before your rates go up so long as you haven’t had any claims for a particular time prior to the accident.
  • Paperless Signup – A few companies will give a small break for buying your policy online.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 15% off your PIP or medical payments premium.
  • Auto/Home Discount – When you have multiple policies with the same company you will save 10% to 20% off each policy.
  • Defensive Driving Course – Taking part in a defensive driving course could cut 5% off your bill if your company offers it.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.

Consumers should know that most credits do not apply to your bottom line cost. A few only apply to the price of certain insurance coverages like comprehensive or collision. So even though it sounds like you would end up receiving a 100% discount, companies don’t profit that way. But any discount will help reduce the cost of coverage.

To see a list of companies offering insurance coverage discounts, click here to view.

What is the best insurance coverage?

When it comes to buying adequate coverage for your personal vehicles, there is no one size fits all plan. Each situation is unique so your insurance needs to address that. For example, these questions may help you determine whether or not you could use an agent’s help.

  • Should I rate my 2013 Lincoln MKX as pleasure use or commute?
  • Am I covered if I wreck a rental car?
  • Am I covered when driving in Canada or Mexico?
  • Do I benefit by insuring my home with the same company?
  • Do I need to file an SR-22 for a DUI in my state?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Parts of the Lincoln MKX rate equation

An important part of buying insurance is that you know the rating factors that come into play when calculating the rates you pay for auto insurance. Knowing what determines base rates empowers consumers to make smart changes that could result in better auto insurance rates.

  • Liability insurance protects assets – Liability insurance provides coverage if you are found to be at fault for damages caused by your negligence. Liability provides you with a defense in court which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so drivers should carry high limits.
  • Rural vs Urban Areas – Living in a small town has it’s advantages when buying auto insurance. Fewer drivers translates into fewer accidents and a lower car theft rate. Urban drivers tend to have congested traffic and much longer commute distances. Longer commute distances translates into higher accident risk.
  • What are your deductibles? – The deductibles represent how much money you are required to spend out-of-pocket before your auto insurance pays a claim. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some examples of claims that would be covered are colliding with a building, vandalism, and rolling your vehicle. The more expense the insured has to pay upfront, the less your company will charge you for insurance for MKX coverage.
  • Your stress level may be raising your rates – Did you know your occupation can influence how much you pay for auto insurance? Occupations such as real estate brokers, business owners and stock brokers are shown to have the highest rates because of high stress levels and long work hours. On the other hand, occupations like farmers, students and performers pay the least for MKX coverage.
  • A lapse in coverage is a bad thing – Allowing your auto insurance policy to lapse will be a fast way to trigger a rate increase. Not only will rates go up, failure to provide proof of insurance will get you a revoked license or a big fine.
  • Battle of the sexes – Statistics demonstrate that women are safer drivers than men. Now that doesn’t mean women are better drivers. Both sexes are in accidents at a similar rate, but the male of the species tend to have more serious accidents. Men also tend to have more aggressive citations like reckless driving and DUI.
  • Traffic citations inflate rates – Drivers who don’t get tickets have lower premiums than people who have multiple driving citations. Only having one speeding ticket can bump up the cost twenty percent or more. Drivers who have severe citations such as DUI or reckless driving may need to submit a SR-22 form with their state motor vehicle department in order to drive a vehicle legally.

Is there deception in advertising?

Consumers get pounded daily by advertisements for cheaper car insurance by companies like State Farm, Geico and Progressive. They all have a common claim that you can save after switching to them.

But how can every company make almost identical claims? This is how they do it.

All the different companies are able to cherry pick for the right customer that earns them a profit. An example of a desirable insured could possibly be between the ages of 30 and 50, is a homeowner, and drives less than 7,500 miles a year. A customer getting a price quote that hits that “sweet spot” will get very good rates and is almost guaranteed to save when switching.

Potential customers who don’t qualify for these standards must pay higher premiums which leads to the customer not buying. The ad wording is “drivers who switch” not “everyone that quotes” save that much money. This is how insurance companies can confidently make the claims of big savings.

This illustrates why you need to get a wide range of price quotes. It is impossible to predict which auto insurance company will provide you with the cheapest Lincoln MKX insurance rates.

Specific coverages for a Lincoln MKX

Having a good grasp of a insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and coverage can change by endorsement. Shown next are typical coverage types found on most insurance policies.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for short-term medical expenses like prosthetic devices, surgery, chiropractic care and funeral costs. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Liability auto insurance

This will cover damages or injuries you inflict on people or other property in an accident. This coverage protects you from claims by other people, and 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. You might see liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as bail bonds, legal defense fees, attorney fees and pain and suffering. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Auto collision coverage

Collision insurance pays for damage to your MKX caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things like colliding with a tree, rolling your car and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Lincoln MKX.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time these limits do not exceed the liability coverage limits.

Comprehensive insurance

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hitting a deer, damage from a tornado or hurricane, rock chips in glass, damage from flooding and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Take this to the bank

When trying to cut insurance costs, make sure you don’t reduce coverage to reduce premium. There have been many cases where drivers have reduced liability limits or collision coverage and discovered at claim time they didn’t have enough coverage. Your strategy should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

Cheap 2013 Lincoln MKX insurance can be bought on the web in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who do not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

We just covered many ideas to shop for insurance online. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. You may be surprised to find that the lowest rates come from the least-expected company. Regional companies can often insure niche markets at a lower cost than their larger competitors like Allstate or State Farm.

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