2005 Lincoln Navigator Insurance Cost – 5 Savings Tips

Finding the lowest price for car insurance can be complicated if you’ve never compared online rate quotes. But don’t be discouraged because we’re going to show you how.

It’s a good habit to do rate comparisons occasionally due to the fact that insurance rates trend upward over time. Despite the fact that you may have had the best rates for Navigator insurance six months ago other companies may now be cheaper. So just ignore everything you know about car insurance because you’re about to learn the things you must know in order to reduce your cost while increasing coverage.

Buying cheaper insurance can be fairly easy. Just about every vehicle owner who carries insurance should be able to find better rates. Nevertheless, vehicle owners can benefit by having an understanding of how the larger insurance companies price online insurance and take advantage of how the system works.

Cheap Insurance Comparisons

To find the best insurance prices, there are several ways of comparing price quotes from different insurance companies. One of the best ways to find the cheapest 2005 Lincoln Navigator insurance rates is to use the internet to compare rates. This is very easy and can be done using a couple different methods.

  1. One of the best ways to get the best comparison quotes is to use a rate comparison form click here to open form in new window. This type of form eliminates the need for boring form submissions to each individual insurance company. In just a few minutes this one form will get you rate comparisons from several companies. This is by far the quickest method.
  2. A harder way to compare prices consists of visiting the website for each individual company and request a quote. For example, we’ll pretend you want comparison quotes from Nationwide, 21st Century and Geico. To get each rate you have to visit each site to enter your coverage information, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.
  3. The most time-consuming way of comparing rate quotes is to drive around to different agent offices. The ability to buy insurance online makes this process obsolete unless you have a need for the professional advice only provided by licensed agents. It is possible to comparison shop online and still use a local agent and we’ll talk about that later.

It’s up to you which method you use, but double check that you are using apples-to-apples deductibles and coverage limits on every quote. If you are comparing different values for each quote it will be impossible to determine the lowest rate for your Lincoln Navigator. Quoting even small variations in coverages may result in large price differences. And when price shopping your coverage, getting more free quotes will improve the odds of getting a better price.

Cut your auto insurance rates with these five discounts

Insuring your fleet can be pricey, but you can get discounts that you may not even be aware of. A few discounts will automatically apply at the time of purchase, but less common discounts must be specially asked for before they will apply.

  • Passive Restraints – Cars that have air bags or motorized seat belts can qualify for discounts of up to 25% or more.
  • Seat Belt Usage – Drivers who require all occupants to wear their seat belts can save 10% or more off your PIP or medical payments premium.
  • Own a Home – Owning a home may trigger a auto insurance policy discount because of the fact that having a home shows financial diligence.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can avoid accidents and therefore earn up to a 10% discount.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less for Navigator insurance than drivers with accidents.

It’s important to understand that many deductions do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears adding up those discounts means a free policy, companies don’t profit that way. But any discount will help reduce the amount you have to pay.

A partial list of companies that may have these money-saving discounts are:

It’s a good idea to ask each company which discounts you may be entitled to. All car insurance discounts may not be available everywhere.

You are unique and your insurance coverage should be too

When it comes to buying adequate coverage, there really is not a “best” method to buy coverage. Every insured’s situation is different.

Here are some questions about coverages that may help highlight whether you could use an agent’s help.

  • Do I pay less if my vehicle is kept in my garage?
  • Are my tools covered if they get stolen from my vehicle?
  • Who is covered when they drive my 2005 Lincoln Navigator?
  • Should I put collision coverage on all my vehicles?
  • When should I remove comp and collision on my 2005 Lincoln Navigator?
  • Why am I required to buy liability insurance?
  • Should I buy more coverage than the required minimum liability coverage?
  • Can I still get insurance after a DUI?
  • Do I have coverage when using my vehicle for my home business?
  • Does my 2005 Lincoln Navigator qualify for pleasure use?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

Insurance coverage considerations

Knowing the specifics of your insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability auto insurance

Liability coverage protects you from damages or injuries you inflict on a person or their property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as funeral expenses, legal defense fees, court costs and bail bonds. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Lincoln Navigator.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive protection

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like damage from getting keyed, damage from a tornado or hurricane, hitting a bird, damage from flooding and fire damage. The most 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 not worth carrying full coverage.

Collision protection

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things like colliding with a tree, colliding with another moving vehicle and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Medical expense coverage

Med pay and PIP coverage kick in for expenses for things like ambulance fees, doctor visits, nursing services and dental work. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage