Feel like you’re a prisoner to overpriced car insurance? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out. Numerous insurance companies battle for your business, so it’s not easy to compare every company to find the absolute lowest rate possible.
If you have insurance now or need new coverage, you can use these tips to get lower rates while maximizing coverage. Finding affordable coverage is quite easy. Consumers just need to learn the tricks to get comparison rates online.
Lincoln Navigator L insurance premiums are calculated by many factors
An important part of buying insurance is that you know the different types of things that help determine your car insurance rates. Understanding what controls the rates you pay empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
The following are some of the factors used by your company to calculate prices.
- Theft deterrents lower rates – Owning a car with an alarm system can help bring down rates. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your vehicle from being stolen.
- High crash test scores lower rates – Vehicles with good safety scores are cheaper to insure. These vehicles reduce injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If your Lincoln Navigator L is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
- Discounts for married couples – Being married can actually save you money on your car insurance policy. Having a significant other translates into being more mature and responsible and statistics show married drivers get in fewer accidents.
- Rural vs Urban Areas – Being located in a small town is a positive aspect when talking about car insurance. Drivers who live in large cities have to deal with more traffic problems and a longer drive to work. Less people living in that area means fewer accidents and also fewer theft and vandalism claims.
- Your age impacts your rates – Teen drivers have a tendency to be careless and easily distracted behind the wheel so they pay higher car insurance rates. Adding a youthful driver to your car insurance policy can be quite pricey. Older drivers are more cautious drivers, file fewer claims and get fewer tickets.
Quick Car Insurance Quotes
Finding a better price on car insurance can be quick and easy. The only thing you need to do is take time to compare rate quotes online with multiple companies. This can be accomplished in just a few minutes using one of these methods.
- One of the simplest ways to find low rates is to use a rate comparison form click here to open form in new window. This type of form prevents you from having to do multiple quote forms to each individual car insurance company. Taking the time to complete one form compares rates from multiple low-cost companies.
- Another way to obtain and compare quotes online consists of going to the website for every company you want to comare to complete a price quote. For sake of this example, let’s assume you want to compare Nationwide, Allstate and GMAC. To find out each rate you need to take the time to go to each site and enter your policy data, and that’s why the first method is more popular.
For a list of links to insurance companies in your area, click here.
- The hardest method to compare rates is driving around to insurance agents’ offices. The internet makes this process obsolete unless you have a need for the professional guidance only provided by licensed agents. You can, however, compare the best prices online and get advice from an agent in your area.
It doesn’t matter which method you choose, just ensure you are comparing the exact same information for each comparison quote. If you compare different liability limits it’s impossible to make an equal comparison.
Do you qualify for discounts?
Companies don’t always advertise every discount in an easy-to-find place, so we took the time to find both well-publicized as well as the least known ways to save on car insurance. If they aren’t giving you every credit you deserve, you are throwing money away.
- Theft Prevention System – Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.
- Use Seat Belts – Requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
- Payment Discounts – If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
- Discount for Life Insurance – Select insurance companies reward you with a break if you buy life insurance from them.
- Lower Rates for Military – Having a family member in the military may qualify for rate reductions.
- Safe Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less for Navigator L coverage than drivers with accident claims.
- Own a Home – Owning a home may trigger a car insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
- Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if it’s offered in school.
It’s important to understand that most of the big mark downs will not be given to the entire policy premium. Most only apply to specific coverage prices like medical payments or collision. So when it seems like it’s possible to get free car insurance, it just doesn’t work that way.
To choose companies who offer car insurance discounts, click here.
But buying car insurance online seems impersonal
A small number of people prefer to get advice from a local agent and that is just fine! Educated insurance agents can answer important questions and give you peace of mind. One of the best bonuses of getting online price quotes is that you can obtain the lowest rates and still have an agent to talk to.
By using this short form, your insurance data is transmitted to agents in your area who will compete for your insurance coverage. You don’t have to leave your house because quoted prices will be sent to the email address you provide. Now that’s easy!
Selecting an insurer shouldn’t rely on just a cheap price. Agents should be asked these questions:
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- What insurance companies do they recommend if they are an independent agent?
- Do they carry Errors and Omissions coverage?
- Are claim adjusters local or do you have to take your car somewhere else?
- How much can you save by raising your physical damage deductibles?
- Do they make recommendations based only on price?
Captive and independent car insurance agents
When searching for a good insurance agent, there are a couple of types of insurance agents that you can select. Agencies are categorized either captive or independent. Both write coverage properly, but it’s good to learn the differences because it can influence your selection of an agent.
Captive Insurance Agents
Captive insurance agents are contracted to one company and examples are Allstate, Farmers Insurance, State Farm and AAA. These agents are not able to provide prices from multiple companies so they are skilled at selling on more than just price. Captive agents receive extensive training on their company’s products which helps them sell insurance even at higher premiums.
Independent Agents (or Brokers)
Independent insurance agents are not locked into one company so they can insure your vehicles with multiple insurance companies enabling the ability to shop coverage around. If your agent finds better pricing, your agent can switch companies and you don’t have to find a new agent. When shopping rates, we recommend you include multiple independent agents for the best price selection.
For a full directory of car insurance agents, click here.
Upon receiving positive responses to any questions you have and locked in a price quote, you’ve probably found a car insurance agent that will provide car insurance coverage.
More effort can pay off
Cost effective Lincoln Navigator L insurance is definitely available from both online companies and with local insurance agents, so you should compare both to have the best selection. Some car insurance companies do not offer the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.
We just presented some good ideas how to lower your Lincoln Navigator L insurance rates. It’s most important to understand that the more companies you get rates for, the higher the chance of saving money. You may even find the lowest priced car insurance comes from a small local company. Some small companies may often insure only within specific states and give getter rates compared to the large companies like Progressive and GEICO.
