Lower Your 2003 Lincoln LS Car Insurance Quotes

I doubt anyone likes buying insurance, especially when they know they are paying too much. Insurance companies such as Geico, Progressive and Allstate all claim big savings with fancy advertisements and it is challenging if not impossible to see through the deception and do the work needed to find the best deal.

It’s important to do price comparisons before your next renewal because prices are rarely the same from one policy term to another. Even if you think you had the best rate on LS insurance a few years ago there may be better deals available now. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the proper way to save money, get proper deductibles and limits, all at the lowest rate.

How to get insurance coverage rate quotes

Comparing insurance coverage rates can take hours if you don’t utilize the most efficient way to do it. You could spend the better part of a day talking about coverages with local insurance agents in your area, or you can stay home and use online quotes to get pricing more quickly.

Most of the larger companies belong to an insurance system that enables customers to only type in their quote data once, and each company then returns a price quote based on the submitted data. This saves time by eliminating repetitive form submissions for each company.

To compare pricing click here to open in new window.

The single downside to getting quotes like this is that you can’t choose the providers you want pricing from. If you would rather choose individual companies to request quotes from, we have a page of low cost insurance coverage companies in your area. Click to view list.

Whichever way you use, try to keep apples-to-apples information on every quote. If your comparisons have higher or lower deductibles you will not be able to determine which company has the best rates.

Get cheap insurance coverage with discounts

Companies that sell car insurance don’t always advertise all disounts in an easy-to-find place, so the list below contains both the well known and the harder-to-find credits that you can use to lower your rates.

• Discount for Good Grades – A discount for being a good student may save as much as 25% on a car insurance quote. The good student discount can last well after school through age 25.
• Paperless Signup – Certain larger companies will provide an incentive for completing your application on the internet.
• Distant Student Discount – Older children living away from home attending college and don’t have a car could get you a discount.
• Discounts for Federal Employees – Active or former government employment could provide a small rate reduction on LS insurance with a few insurance coverage companies.
• Organization Discounts – Affiliation with qualifying clubs or civic groups could earn you a nice discount on your next renewal.
• Homeowners Pay Less – Owning a house can earn you a little savings due to the fact that maintaining a home means you have a higher level of financial diligence.
• Auto/Home Discount – If you can bundle your auto and home insurance with one company you may save 10% to 20% off each policy.

One last thing about discounts, some credits don’t apply to all coverage premiums. Some only reduce individual premiums such as comp or med pay. Even though the math looks like you would end up receiving a 100% discount, it’s just not the way it works.

A few popular companies and the discounts they provide include:

• Farmers Insurance offers premium reductions for teen driver, switch companies, alternative fuel, multi-car, and good student.
• Esurance offers discounts for claim free, multi-car, Pac-12 alumni, safety device, good driver, and online quote.
• State Farm may offer discounts for good student, student away at school, anti-theft, good driver, multiple policy, and accident-free.
• Geico may include discounts for daytime running lights, seat belt use, anti-theft, good student, and driver training.
• Allstate has savings for economy car, teenSMART discount, premier discount, defensive driver, and passive restraint.

Before you buy a policy, ask each company the best way to save money. Savings might not be offered in every state. To view companies who offer insurance coverage discounts, click here to view.

Tailor your car insurance coverage to you

When buying adequate coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s needs are different so this has to be addressed. These are some specific questions could help you determine if your situation might need professional guidance.

• Does my liability insurance cover pulling a trailer or camper?
• What is UM/UIM insurance?
• Can my teen drive my company car?
• What is PIP insurance?
• Should I bundle my homeowners policy with my auto?
• Are rental cars covered under my policy?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

How you can control Lincoln LS insurance costs

Smart consumers have a good feel for a few of the rating criteria that play a part in calculating the level of your policy premiums. If you understand what determines base rates, this allows you to make educated decisions that could result in much lower annual insurance costs. Lots of factors are used in the calculation when premium rates are determined. Most are fairly basic such as traffic violations, although others are not as apparent like where you live or your commute time.

• Do you need those add-on coverages? – There are a lot of additional extra coverages that sound like a good idea at the time if you don’t pay attention. Insurance for things like replacement cost coverage, death and dismemberment, and term life insurance may not be needed and are just wasting money. They may seem good when you first buy your policy, but your money might be better spent on other coverage so eliminate them to save money.
• Being married is a bonus – Having a wife or husband can actually save you money when buying car insurance. Marriage generally demonstrates drivers are less irresponsible and statistics show married drivers tend to have fewer serious accidents.
• Limits of liability – A critical coverage on your policy, liability insurance will afford coverage in the event that you are responsible for causing personal injury or damage in an accident. It provides legal defense coverage which can cost a lot. Liability insurance is pretty cheap compared to other policy coverages, so do not cut corners here.
• Youthful drivers pay high rates – Older drivers have been proven to be more responsible, cost insurance companies less in claims and are safer drivers.Teen drivers are known to be inattentive behind the wheel and because of this, their car insurance rates are much higher.
• Male rates may be higher – Statistics show women tend to be less risk to insure than men. However, don’t assume that females are better at driving than males. Both sexes are responsible for accidents in similar numbers, but guys tend to have higher claims. Men also statistically get more serious tickets such as DWI and reckless driving. Male teenagers generally have the highest accident percentage and therefore pay the highest rates.
• High credit saves on car insurance – Credit score can be an important factor in calculating your car insurance rates. If your credit score leaves room for improvement, you could pay less to insure your 2003 Lincoln LS by improving your rating. People with good credit tend to be less risk to insure as compared to drivers with bad credit.

Detailed coverages of your insurance policy

Knowing the specifics of a insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages offered by insurance companies.

Collision coverages – Collision coverage pays for damage to your LS resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like sideswiping another vehicle, driving through your garage door and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible to bring the cost down.

Liability coverage – This provides protection from damage that occurs to other people or property by causing an accident. This coverage protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Another option is one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for things such as court costs, bail bonds, structural damage and attorney fees. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time these limits do not exceed the liability coverage limits.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for funeral costs, chiropractic care, dental work, nursing services and EMT expenses. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance – This covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like damage from flooding, a tree branch falling on your vehicle and vandalism. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

What is YOUR best insurance company?

As you quote car insurance, you should never sacrifice coverage to reduce premiums. There are many occasions where drivers have reduced physical damage coverage only to discover later that it was a big mistake. The ultimate goal is to buy the best coverage you can find at an affordable rate while still protecting your assets.

Lower-priced 2003 Lincoln LS insurance can be purchased on the web in addition to local insurance agencies, so you should be comparing quotes from both so you have a total pricing picture. Some insurance coverage companies may not provide rate quotes online and most of the time these small, regional companies provide coverage only through independent insurance agencies.

More detailed insurance coverage information can be found at these sites:

• Insuring a Leased Car (Insurance Information Insitute)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)