How Much Does 1993 Lincoln Mark VIII Insurance Cost?

Have you had enough of paying out the nose to insure your Lincoln every month? You are no different than many other drivers. Online insurance companies like Allstate, Progressive and Geico constantly bombard you with TV and radio ads and it is challenging if not impossible to sift through the bull and do the work needed to find the best deal.

You should take the time to get comparison quotes on a regular basis since insurance rates trend upward over time. Even if you got the lowest rates on Mark VIII coverage last year the chances are good that you can find a lower rate today. You can find a lot of misleading information regarding car insurance online, so we’re going to give you a bunch of ideas how to find affordable car insurance.

If you have insurance now or need a new policy, you will benefit by learning to find better prices while maintaining coverages. Finding affordable coverage is not rocket science. Drivers only need to know how to compare rates on the web.

These discounts can slash car insurance rates

Insuring your fleet can be pricey, but you may find discounts to help offset the cost. A few discounts will automatically apply at the time of purchase, but a few need to be inquired about prior to receiving the credit. If you don’t get every credit you qualify for, you’re just leaving money on the table.

Accident Forgiveness – Certain companies will forgive one accident before raising your premiums if you are claim-free for a certain period of time.
New Car Discount – Buying coverage on a new vehicle can be considerably cheaper compared to insuring an older model.
Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of more than 20%.
Seat Belts Save – Using a seat belt and requiring all passengers to use their safety belts could cut 10% or more off your PIP or medical payments premium.
Drive Safe and Save – Insureds without accidents can pay as much as 50% less on Mark VIII coverage than drivers with accidents.
Distant Student – Youth drivers who live away from home without a vehicle on campus may qualify for this discount.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. Most cut specific coverage prices like liability, collision or medical payments. So when the math indicates all those discounts means the company will pay you, it just doesn’t work that way. But all discounts will reduce the cost of coverage.

Companies that possibly offer these benefits include:

It’s a good idea to ask every prospective company which discounts you may be entitled to. All car insurance discounts might not be offered in your state.

When might I need the advice of an agent?

When choosing coverage, there really is no one size fits all plan. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions might help in determining whether your personal situation would benefit from professional advice.

At what point should I drop full coverage?
Are my friends covered when driving my car?
Am I covered by my spouse’s policy after a separation?
Is extra glass coverage worth it?
Does my insurance cover damage caused when ticketed for reckless driving?
What if I total my 1993 Lincoln Mark VIII and owe more than it’s worth?
Why am I required to buy high-risk coverage?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance coverages

Having a good grasp of your policy helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Shown next are typical coverage types found on most auto insurance policies.

Coverage for collisions

This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with another moving vehicle, crashing into a building, damaging your car on a curb, sideswiping another vehicle and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your 1993 Lincoln Mark VIII.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally these limits are similar to your liability insurance amounts.

Auto liability

Liability coverage protects you from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of 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 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as emergency aid, repair bills for other people’s vehicles, attorney fees and court costs. How much coverage you buy is a personal decision, but buy as large an amount as possible.

Comprehensive coverage (or Other than Collision)

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like fire damage, vandalism, damage from getting keyed and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Insurance for medical payments

Coverage for medical payments and/or PIP pay for immediate expenses for things like pain medications, hospital visits, dental work, chiropractic care and prosthetic devices. They are often utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Be a smart shopper

When trying to cut insurance costs, don’t be tempted to skimp on coverage in order to save money. Too many times, someone dropped liability limits or collision coverage and found out when filing a claim that the small savings ended up costing them much more. Your strategy should be to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

Cheaper 1993 Lincoln Mark VIII insurance is possible both online in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. Some companies do not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.