Are you overwhelmed by the number of auto insurance choices? Many other consumers are too. People have so many options available that it can be a ton of work to find lower rates.
The quickest method to compare car insurance rates is to know the trick most larger insurance companies provide online access to give you rate quotes. All consumers are required to do is provide a small amount of information such as if you require a SR-22, if you are currently licensed, your credit rating estimate, and how your vehicles are used. The rating information is then sent to many of the top insurers and you receive quotes quickly.
To check rates for your 2001 Lincoln LS, click here and enter the information requested.
When it comes to buying proper insurance coverage, there really is no best way to insure your cars. Each situation is unique.
For instance, these questions can help discover whether you might need an agent’s assistance.
If you’re not sure about those questions but one or more may apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form.
Knowing the specifics of your policy can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2001 Lincoln LS.
Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Frequently these coverages are similar to your liability insurance amounts.
Collision – Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like sustaining damage from a pot hole, sideswiping another vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as prosthetic devices, EMT expenses, X-ray expenses, funeral costs and hospital visits. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers you and your occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Liability coverages – This provides protection from damage that occurs to other’s property or people. It protects you from legal claims by others, and does not provide coverage for 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 liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit without having the split limit caps.
Liability can pay for things like repair costs for stationary objects, legal defense fees, emergency aid, repair bills for other people’s vehicles and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.
Comprehensive auto coverage – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims such as a tree branch falling on your vehicle, damage from getting keyed and damage from a tornado or hurricane. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.