Trying to find lower insurance rates for your Lincoln Navigator? Confused by the dozens of insurance companies? You’re not the only one! You have so many options that it can easily become a big hassle to find the perfect company for you.
An important part of buying insurance is that you know the different types of things that play a part in calculating car insurance rates. Knowing what controls the rates you pay empowers consumers to make smart changes that may reward you with big savings.
Shown below are a few of the “ingredients” used by your company to calculate rates.
There are a variety of methods to shop for 2014 Lincoln Navigator insurance coverage, and some are less labor-intensive and much quicker. You can waste a lot of time driving to agents in your area, or you could use the web to quickly compare rates.
Many popular insurance companies belong to an insurance system where insurance shoppers enter their policy data once, and at least one company can give them a price based on that data. This eliminates the need for quote requests for every insurance coverage company.
To find out what other companies charge for 2014 Lincoln Navigator insurance click here to start a free quote.
The only drawback to getting quotes like this is you can’t choose the providers to receive prices from. So if you prefer to choose individual companies to receive pricing from, we have assembled a list of low cost insurance coverage companies in your area. Click here to view list.
Whichever method you choose, ensure you’re using the exact same deductibles and coverage limits on every quote you get. If you use higher or lower deductibles you can’t possibly truly determine the lowest rate. Having just a slight variation in insurance coverages can mean a large discrepancy in price. Just keep in mind that getting more free quotes will enable you to find the best rates.
Companies like Progressive, Geico, Allstate and State Farm constantly bombard you with ads in print and on television. All the ads make the same claim that you can save if you switch to their company. How does each company make the same claim?
Insurance companies are able to cherry pick for the right customer that earns them a profit. A good example of a preferred risk might be profiled as over the age of 40, a clean driving record, and has excellent credit. Any new insured who meets those qualifications receives the best rates and as a result will probably save when switching.
Potential customers who don’t meet these standards will have to pay a higher premium and ends up with business not being written. The ads state “customers who switch” not “people who quote” save that much money. This is how companies can state the savings.
Because of the profiling, you need to get quotes from several different companies. It’s impossible to know which insurance company will have the lowest Lincoln Navigator insurance rates.
Car insurance is not cheap, but companies offer discounts that many people don’t even know exist. A few discounts will automatically apply when you complete an application, but less common discounts must be inquired about prior to receiving the credit.
Keep in mind that most discount credits are not given to the entire policy premium. Most only reduce individual premiums such as comprehensive or collision. Just because you may think you could get a free insurance coverage policy, you’re out of luck. But all discounts will reduce the cost of coverage.
To see a list of companies offering insurance coverage discounts, click here to view.
When buying adequate coverage for your vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s.
These are some specific questions may help you determine whether you might need an agent’s assistance.
If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form.
Knowing the specifics of a auto insurance policy aids in choosing the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.
Protection from uninsured/underinsured drivers
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Lincoln Navigator.
Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as EMT expenses, funeral costs, dental work and ambulance fees. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers you and your occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Comprehensive (Other than Collision)
This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as fire damage, hitting a bird, damage from flooding and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Auto liability insurance
Liability insurance will cover damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in 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 limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Another option is one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.
Liability insurance covers things such as repair costs for stationary objects, medical expenses, structural damage, funeral expenses and bail bonds. How much coverage you buy is up to you, but consider buying higher limits if possible.
Collision coverage protection
This covers damage to your Navigator resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.
Collision coverage protects against things such as driving through your garage door, damaging your car on a curb, scraping a guard rail and sustaining damage from a pot hole. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.
We’ve covered quite a bit of information on how to shop for 2014 Lincoln Navigator insurance online. It’s most important to understand that the more companies you get rates for, the better chance you’ll have of finding lower rates. Consumers may even find the lowest rates come from the least-expected company.
As you go through the steps to switch your coverage, it’s very important that you do not buy poor coverage just to save money. There have been many situations where drivers have reduced full coverage to discover at claim time they didn’t have enough coverage. Your goal should be to get the best coverage possible at the best price, not the least amount of coverage.
People switch companies for a variety of reasons including extreme rates for teen drivers, denial of a claim, being labeled a high risk driver and poor customer service. Whatever your reason, choosing a new insurance company can be easier than you think.
More detailed insurance coverage information is available by following these links: