Are you tired of paying out the nose to buy car insurance? You are no different than the majority of other car owners.
Numerous auto insurance companies battle for your business, and because of this it can be hard to compare auto insurance companies to get the cheapest price
Comprehensive Car Insurance Comparison
The are a couple different ways to compare rate quotes from car insurance companies in your area. The best way to find the lowest Lincoln Navigator rates is to perform an online rate comparison. It is quite easy and can be accomplished in just a few minutes using one of these methods.
- One of the simplest ways to find the lowest comparison rates would be an industry-wide quote request form like this one (opens in new window). This method saves time by eliminating a different quote for each company. One form gets rate comparisons from multiple low-cost companies.
- Another way to compare prices consists of going to the website of each company and complete a new quote form. For instance, let’s say you want comparison quotes from Nationwide, State Farm and Liberty Mutual. To find out each rate you need to take the time to go to each site and enter your information, which is why the first method is more popular. To view a list of companies in your area, click here.
- The most time-consuming method to compare rates is driving around to local insurance agencies. The ability to buy insurance online eliminates the need for an insurance agent unless you want the trained guidance only provided by licensed agents. Drivers can compare the best prices online and still use a local agent. We’ll cover that shortly.
Which method you use is up to you, but ensure you are comparing the exact same coverage limits and deductibles on every quote. If you compare higher or lower deductibles you will not be able to truly determine the lowest rate. Slightly different coverage limits can result in a big premium difference. Keep in mind that obtaining a wide range of quotes helps locate better pricing.
Don’t pay full price with these discounts
Car insurance is not cheap, but you can get discounts that you may not know about. Certain discounts will be triggered automatically when you complete an application, but lesser-known reductions have to be asked for before you get the savings.
- Accident Forgiveness – Some insurance companies will allow you to have one accident without raising rates as long as you don’t have any claims prior to the accident.
- Good Students Pay Less – Getting good grades can save 20 to 25%. The discount lasts until age 25.
- Employee of Federal Government – Being employed by or retired from a federal job may qualify you for a discount for Navigator insurance with a few car insurance companies.
- Service Members Pay Less – Having a family member in the military can result in better rates.
- Homeowners Savings – Simply owning a home can help you save on car insurance because of the fact that having a home shows financial diligence.
- Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates for Navigator insurance than less cautious drivers.
Keep in mind that some of the credits will not apply to the entire cost. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though it may seem like adding up those discounts means a free policy, it just doesn’t work that way. But any discount will cut the amount you have to pay.
For a list of insurers with the best car insurance discounts, click this link.
Why your Lincoln Navigator might be costing you more
Consumers need to have an understanding of the different types of things that go into determining your car insurance rates. Understanding what controls the rates you pay enables informed choices that may reward you with much lower annual insurance costs.
Listed below are a partial list of the pieces car insurance companies consider when setting rates.
- Sex matters – Statistics show that women are safer drivers than men. However, don’t assume that women are BETTER drivers than men. Both sexes tend to get into accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also have more aggressive citations like DUI and reckless driving.
- Your stress level may be raising your rates – Occupations such as lawyers, architects and stock brokers have the highest rates in part from high stress levels and lengthy work days. On the other hand, occupations such as farmers, students and retirees get better rates for Navigator insurance.
- Poor credit can mean higher rates – Credit history is a huge factor in determining what you pay for car insurance. Therefore, if your credit history is not that good, you could save money insuring your Lincoln Navigator by improving your credit score. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower credit scores.
- Proper usage rating affects rates – The more miles you rack up on your Lincoln in a year’s time the more you will pay for car insurance. Most companies charge to insure your cars based on their usage. Cars used primarily for pleasure use get more affordable rates than those used for commuting. If your policy improperly rates your Navigator can cost quite a bit. Double check that your car insurance policy properly reflects how each vehicle is driven.
- Add-on coverages can add up – There are quite a few add-on coverages that you can get tricked into buying on your Navigator policy. Insurance for roadside assistance, accidental death and motor club memberships may be costing you every month. These may sound like a good investment when talking to your agent, but if you don’t need them eliminate the coverages to reduce your premium.
- Being married can save on car insurance – Having a wife or husband actually saves money on your policy. Having a significant other usually means you are more mature than a single person and statistics show married drivers get in fewer accidents.
- Younger drivers pay higher rates – Mature drivers are more cautious drivers, tend to cause fewer accidents and receive fewer citations. Youthful drivers are statistically proven to be more careless in a vehicle and because of this, their car insurance rates are much higher.
- You might want pay the small claims yourself – Car insurance companies provide lower rates to insureds who do not rely on their insurance for small claims. If you frequently file small claims, you can look forward to either higher rates or even cancellation. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
What about my local agents?
Some consumers would prefer to get advice from a local agent and there is nothing wrong with that. One of the great benefits of comparing rates online is that you can obtain better rates and still have an agent to talk to. And supporting small agencies is important particularly in smaller communities.
After completing this short form, your insurance coverage information is submitted to companies who will give you bids for your insurance coverage. You never need to leave your house because quoted prices will be sent to your email. How’s that for easy! It’s the lowest rates and work with a local agent.
If you want to select a specific agent in your state, click here.
Selecting an provider shouldn’t rely on just the price. Ask your prospective agent these questions:
- Are they full-time agents?
- Do they have any clout with companies to ensure a fair claim settlement?
- What insurance companies do they recommend if they are an independent agent?
- Do the coverages you’re quoting properly cover your vehicle?
- Do they make recommendations based only on price?
- Is the agency involved in supporting local community causes?
After getting acceptable answers in addition to an acceptable price estimate, most likely you have located an insurance company that is a good match to properly insure your vehicles.
Beware of misleading car insurance ads
Car insurance companies such as 21st Century, Allstate and State Farm constantly bombard you with ads in print and on television. They all seem to have a common claim that you’ll save big if you switch to them. How can each company say the same thing? This is how they do it.
All the different companies are able to cherry pick for the right customer that earns them a profit. For example, a preferred risk might be profiled as between 25 and 40, has no driving citations, and has a high credit rating. Any new insured who fits that profile receives the best rates and therefore will save a lot of money.
Drivers who do not match the “perfect” profile will have to pay a more expensive rate and ends up with business going elsewhere. The ads say “drivers who switch” but not “drivers who get quotes” save that much. That’s the way companies can make the claims of big savings.
Because of the profiling, it is so important to get as many comparisons as possible. It is impossible to predict which insurance companies will provide you with the cheapest rates.
A tidy conclusion
As you go through the steps to switch your coverage, you should never buy lower coverage limits just to save a few bucks. In many cases, someone sacrificed uninsured motorist or liability limits only to regret at claim time that the few dollars in savings costed them thousands. The aim is to buy enough coverage at an affordable rate while still protecting your assets.
Throughout this article, we presented a lot of information how to save on Lincoln Navigator insurance. The most important thing to understand is the more price quotes you have, the better your comparison will be. Drivers may discover the best price on car insurance is with a small local company. Smaller companies may only write in your state and offer lower rates as compared to the big name companies such as Progressive and GEICO.
