2012 Lincoln MKZ Insurance Quotes

Want better auto insurance rates for your Lincoln MKZ? Expensive auto insurance can dwindle your personal savings and make it impossible to make ends meet. Doing a price comparison is a smart way to cut your insurance bill. Online insurance companies like State Farm, Geico and Farmers Insurance persitently shower you with fancy advertisements and it can be hard to not get sucked in by the cute commercials and take the time to shop coverage around.

Why your Lincoln MKZ insurance rates may be high

Smart consumers have a good feel for the rating factors that come into play when calculating the rates you pay for insurance coverage. Knowing what controls the rates you pay empowers consumers to make smart changes that may reward you with big savings.

  • Do you know you’re credit rating? – Your credit score is a large factor in determining your rates. Consumers who have good credit tend to be less risk to insure than those with lower credit scores. If your credit history is low, you could potentially save money when insuring your 2012 Lincoln MKZ by repairing your credit.
  • What are your deductibles? – Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your Lincoln from damage. Some instances where coverage would apply could be a windshield shattered by a rock, vandalism, and windstorm damage. Your deductibles are the amount of money you are required to spend out-of-pocket in the event of a claim. The more money you are required to pay out-of-pocket, the less your insurance coverage will be for MKZ insurance.
  • Where you live can impact rates – Choosing to live in a small town can save you money when it comes to insurance coverage. Drivers in populated areas tend to have traffic congestion and much longer commute distances. Fewer drivers means a lower chance of having an accident and a lower car theft rate.
  • Small claims can cost you – Companies give discounts to policyholders who do not file claims often. If you file claims often, you can pretty much guarantee either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for larger claims.

Save money by taking advantage of these discounts

Auto insurance companies do not advertise every available discount very well, so we researched some of the more common as well as the least known discounts you could be receiving. If you don’t get every credit you qualify for, you are throwing money away.

  • 55 and Retired – Older drivers may qualify for reduced rates for MKZ insurance.
  • Clubs and Organizations – Affiliation with certain professional organizations is a good way to get lower rates when buying insurance coverage for MKZ insurance.
  • Seat Belts Save – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off your medical payments premium.
  • Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
  • Claim Free – Claim-free drivers pay less when compared with bad drivers.
  • Accident Forgiveness – Certain companies allow you one accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.
  • Military Discounts – Being on active duty in the military can result in better rates.
  • Passive Restraint Discount – Cars that have air bags or motorized seat belts can qualify for discounts of 20% or more.

As a disclaimer on discounts, most discounts do not apply the the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. Just because you may think you can get free auto insurance, you’re out of luck.

A partial list of companies that may offer some of the above discounts include:

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

Is there truth in advertising?

Consumers get pounded daily by advertisements for car insurance savings by State Farm, Geico and Progressive. All the ads say the same thing that you’ll save big if you switch to their company.

How does each company make almost identical claims?

Insurance companies are able to cherry pick for the driver that is profitable for them. For example, a profitable customer could possibly be over the age of 50, owns a home, and has a short commute. Any new insured that hits that “sweet spot” will qualify for the lowest rates and most likely will save when they switch companies.

Drivers who do not match these standards will have to pay higher premiums which leads to the customer not buying. The ad wording is “people who switch” not “everyone that quotes” save that much money. That’s the way companies can claim big savings. Because of the profiling, it’s extremely important to get quotes from several different companies. You cannot predict which insurance coverage company will fit your personal profile best.

When should I use an insurance agent?

When buying the best insurance coverage, there really is not a best way to insure your cars. Each situation is unique so your insurance needs to address that. For instance, these questions might help in determining if your situation might need professional guidance.

  • Do I need higher collision deductibles?
  • Should I have a commercial auto policy?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • If my pet gets injured in an accident are they covered?
  • Should I file a claim if it’s only slightly more than my deductible?
  • What if I don’t agree with a claim settlement offer?

If you’re not sure about those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.

Coverage specifics

Learning about specific coverages of your policy aids in choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages available from insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This provides protection when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2012 Lincoln MKZ.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Liability insurance – This coverage can cover damage or injury you incur to a person or their property. It protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability can pay for claims like medical services, emergency aid, structural damage, funeral expenses and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive auto coverage – Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hitting a bird, vandalism and theft. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical payments and PIP coverage – Med pay and PIP coverage kick in for short-term medical expenses for pain medications, ambulance fees, surgery and dental work. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Collision coverage – Collision insurance pays to fix your vehicle from damage caused by collision 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 claims like crashing into a ditch, sideswiping another vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to bump up the deductible to save money on collision insurance.

Knowledge is power

In this article, we covered many ideas to compare 2012 Lincoln MKZ insurance prices online. It’s most important to understand that the more providers you compare, the better your comparison will be. You may even discover the best price on auto insurance is with a small mutual company. These companies may have significantly lower rates on certain market segments as compared to the big name companies such as Progressive and Geico.

While you’re price shopping online, make sure you don’t skimp on critical coverages to save a buck or two. There are too many instances where an insured dropped liability coverage limits only to discover later that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to purchase a proper amount of coverage for the lowest price while still protecting your assets.

Additional detailed information can be found at these sites: