Sick and tired of not being able to afford to buy car insurance? You are in the same boat as millions of other consumers. Multiple insurers compete for your insurance dollar, so it’s not easy to compare every provider to find the absolute lowest rate
You need to shop coverage around at least once a year since insurance rates fluctuate regularly. Even if you got the best price on LS coverage on your last policy you will most likely find a better rate today. Starting now, forget anything you know (or think you know) about insurance because it’s time to teach you the only way to find better rates and still maintain coverage.
If you have insurance now or need new coverage, you can use these tips to shop for the lowest rates and still get good coverage. Finding affordable coverage is easy if you know what you’re doing. Vehicle owners only need an understanding of the most efficient way to buy car insurance online.
Auto insurance companies do not list all available discounts very clearly, so we researched both well-publicized and also the lesser-known car insurance savings. If you’re not getting every credit you deserve, you are paying more than you should be.
Drivers should understand that most credits do not apply to the entire cost. Some only apply to individual premiums such as liability, collision or medical payments. Just because you may think all those discounts means the company will pay you, it doesn’t quite work that way.
For a list of companies with the best car insurance discounts, follow this link.
When it comes to buying the best car insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Each situation is unique so your insurance needs to address that. For example, these questions could help you determine if your situation will benefit from professional help.
If it’s difficult to answer those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.
Having a good grasp of your policy aids in choosing the best coverages for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most auto insurance policies.
Collision coverages – Collision insurance covers damage to your LS from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as backing into a parked car, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.
Liability auto insurance – Liability coverage will cover damage that occurs to other’s property or people. This coverage protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.
Liability coverage protects against things like pain and suffering, emergency aid and attorney fees. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.
Medical expense coverage – Coverage for medical payments and/or PIP kick in for bills like chiropractic care, pain medications, dental work and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage
Comprehensive protection – Comprehensive insurance coverage 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 claims such as damage from getting keyed, theft, hail damage and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Uninsured or underinsured coverage – Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Lincoln LS.
Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.
As you go through the steps to switch your coverage, do not buy less coverage just to save a little money. In many instances, drivers have reduced full coverage to discover at claim time they didn’t have enough coverage. Your strategy should be to find the BEST coverage for the lowest price.
We covered many tips how you can reduce 2004 Lincoln LS insurance prices online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. Consumers could even find that the lowest premiums are with a smaller regional carrier. Regional companies may only write in your state and offer lower rates compared to the large companies like State Farm, Geico and Nationwide.
To learn more, take a look at the resources below: