Locating the cheapest insurance for your Lincoln MKS in Washington can be an all-consuming task, but you can learn our auto insurance buying tips to make it easier. There are both good and bad ways to compare auto insurance rates so you’re going to learn the absolute fastest way to price shop coverage for your Lincoln and find the cheapest rates either online or from Seattle insurance agents.
Inconceivable but true, nearly 70% of consumers have remained with the same auto insurance company for four years or more, and almost half have never taken the time to shop around. Seattle consumers could save nearly $400 a year just by shopping around, but they feel it’s too difficult to compare other rate quotes.
It’s a good habit to take a look at other company’s rates before your policy renews because prices trend upward over time. Even if you think you had the best rates on Lincoln MKS insurance in Seattle at your last renewal the chances are good that you can find a lower premium rate today. You can find a lot of misleading information regarding MKS insurance online, but in a few minutes you can learn some solid techniques on how to put money back in your pocket.
If you have a current car insurance policy or are just looking to switch companies, use these techniques to reduce premiums without sacrificing coverage. Getting quotes for affordable car insurance in Seattle is not that difficult. Shoppers just need to learn the proper methods to shop their coverage around from multiple carriers.
Companies offering competitive Lincoln MKS rates in Seattle, WA
The following companies are our best choices to provide quotes in Seattle, WA. If multiple companies are shown, we recommend you get rates from several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|MKS AWD 4-Dr Sedan||$152||$338||$284||$16||$84||$874||$73|
|MKS 4-Dr Sedan||$220||$432||$236||$14||$70||$972||$81|
|MKS Ecoboost AWD 4-Dr Sedan||$310||$678||$304||$18||$90||$1,400||$117|
|Get Your Own Custom Quote Go|
Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Washington minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Rate quotes do not factor in the specific area where the vehicle is garaged which can influence insurance rates noticeably.
Comparison of policy deductibles
The information below illustrates how your deductible choice and can increase or decrease Lincoln MKS insurance prices for different age groups. The price estimates are based on a single female driver, comprehensive and collision coverage, and no policy discounts are applied.
Do you need full coverage?
The chart below illustrates the comparison of Lincoln MKS yearly insurance costs when comparing full coverage to liability only. The rates are based on a clean driving record, no at-fault accidents, $500 deductibles, married male driver, and no discounts are factored in.
When to drop comprehensive and collision
There isn’t a written rule for dropping comp and collision coverage, but there is a general convention. If the annual cost of comprehensive and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.
For example, let’s assume your Lincoln MKS replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company would pay you is $2,000 after the deductible is paid. If you are paying more than $200 a year for physical damage coverage, then you might want to consider buying only liability coverage.
There are a few situations where buying only liability insurance is not financially feasible. If you haven’t paid off your loan, you are required to maintain full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should maintain full coverage.
Lincoln MKS insurance costs by gender and age
The information below shows the difference between Lincoln MKS insurance costs for male and female drivers. Data assumes no violations or accidents, comp and collision included, $100 deductibles, drivers are not married, and no additional discounts are factored in.
The Lincoln MKS Insurance Rate Equation
Many things are used in the calculation when you get a price on insurance. Some factors are common sense such as traffic violations, but other criteria are not quite as obvious such as your credit history or your financial responsibility. Smart consumers have a good feel for some of the things that come into play when calculating the level of your policy premiums. If you have some idea of what influences your rates, this empowers consumers to make smart changes that may reward you with better auto insurance rates.
The factors shown below are a few of the things auto insurance companies consider when setting rates.
Premiums drop with age – Inexperience drivers are statistically proven to be inattentive when driving with friends so they pay higher auto insurance rates. More experienced drivers tend to be more responsible, file fewer claims, and usually have better credit.
Amount of liability insurance – The liability coverage on your policy is the coverage that protects you if ever you are found liable for physical damage or personal injury to other. Your policy’s liability insurance provides legal defense to defend your case. It is affordable coverage when compared to the cost of physical damage coverage, so do not cut corners here.
Men drivers tend to cost more – Statistics have proven that women are safer drivers than men. However, don’t assume that women are BETTER drivers than men. Females and males cause at-fault accidents in similar numbers, but men tend to have higher claims. They also get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly. Teenage male drivers generally have the highest accident percentage and therefore pay the highest rates.
Do you really need the incidental coverages? – Insurance companies have many extra bells and whistles that may not really be needed on your auto insurance policy. Insurance for things like rental car reimbursement, high-cost glass coverage, and extra equipment coverage are probably not needed. They may sound like good ideas initially, but your needs may have changed so remove them and pocket the money.
Drive a safer car and pay less – Safe vehicles cost less to insure. Highly rated vehicles reduce the chance of injuries and lower rates of occupant injuries means less money paid by your insurance company which can mean better rates for you.
Lincoln MKS claim probability – Car insurance companies analyze claim trends for every vehicle when setting premium prices. Vehicles that are shown to have a trend towards higher claim severity or frequency will cost more for specific coverages. The table below illustrates the collected loss data for Lincoln MKS vehicles.
For each coverage type, the loss probability for all vehicles, regardless of manufacturer or model, is set at 100. Percentage numbers below 100 mean the vehicle has better than average losses, while numbers that are greater than 100 point to more claims or a tendency for losses to be larger than average.
Lincoln MKS Insurance Claim Statistics
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Lincoln MKS 4dr 2WD||121||90||140||78||103|
|Lincoln MKS 4dr 4WD||135||89||204||89|
|Lincoln MKS Ecoboost 4dr 4WD||139||93||153||87|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
These discounts can reduce Lincoln MKS insurance rates
Some companies don’t always list every discount they offer in an easy-to-find place, so below is a list some of the more common and also the more inconspicuous savings tricks you should be using when you buy Seattle car insurance online. If you check and find you aren’t receiving every discount possible, you’re paying more than you need to.
- Membership in Organizations – Being in qualifying employment or professional organizations could trigger savings when getting a Seattle car insurance quote.
- One Accident Forgiven – This one isn’t a discount, but companies like GEICO, Allstate and Liberty Mutual permit an accident before your rates go up as long as you don’t have any claims prior to the accident.
- Defensive Driving Course – Taking a defensive driving course is a good idea and can lower rates and easily recoup the cost of the course.
- Discount for Life Insurance – Larger car insurance companies have lower premium rates if you buy life insurance.
- Student in College – Kids living away from Seattle attending college and do not have a car could get you a discount.
- Savings for New Vehicles – Buying insurance coverage on a new vehicle can save up to 30% because new model year vehicles are generally safer.
Don’t be surprised that some of the credits will not apply to your bottom line cost. A few only apply to specific coverage prices like comp or med pay. If you do the math and it seems like adding up those discounts means a free policy, it’s just not the way it works.
Popular car insurance companies and a summarized list of policyholder discounts are detailed below.
- State Farm may have discounts that include good student, multiple policy, good driver, passive restraint, safe vehicle, and driver’s education.
- American Family may offer discounts for Steer into Savings, TimeAway discount, multi-vehicle, good driver, and defensive driver.
- AAA has savings for AAA membership discount, good student, education and occupation, anti-theft, multi-car, multi-policy, and pay-in-full.
- GEICO policyholders can earn discounts including federal employee, good student, multi-policy, daytime running lights, anti-theft, and anti-lock brakes.
- Mercury Insurance offers discounts including type of vehicle, professional/association, multi-policy, good driver, and accident-free.
- Farmers Insurance may include discounts for pay in full, electronic funds transfer, early shopping, mature driver, bundle discounts, multi-car, and alternative fuel.
- Progressive has discounts for online signing, continuous coverage, homeowner, online quote discount, multi-vehicle, and multi-policy.
Before buying, ask each company or agent to apply every possible discount. Discounts may not apply to policyholders in Seattle. For a list of providers that offer many of these discounts in Seattle, click here.
What if I want to buy from local Seattle auto insurance agents?
Certain consumers prefer to go talk to an agent and there is nothing wrong with that. Licensed agents can make sure you are properly covered and help you file claims. One of the great benefits of getting online price quotes is the fact that drivers can get cheaper prices but also keep your business local.
To make it easy to find an agent, after completing this quick form, the coverage information is immediately sent to companies in Seattle that provide free Seattle car insurance quotes for your car insurance coverage. You won’t even need to leave your house since rate quotes are delivered immediately to you. If for some reason you want to get a price quote from a specific insurance company, you just need to jump over to their website and give them your coverage information.
Picking the best insurance company should include more criteria than just a cheap quote. Get answers to these questions too.
- Are you getting all the discounts the company offers?
- Are they actively involved in the community?
- Does the agent have a valid license to sell insurance in Washington?
- Do the coverages you’re quoting properly cover your vehicle?
- What are the financial ratings for the companies they represent?
Listed below is a short list of insurance companies in Seattle that can give you price quote information for Lincoln MKS insurance in Seattle.
- Jeff Kalvelage – State Farm Insurance Agent
315 N 36th St #201 – Seattle, WA 98103 – (206) 588-0559 – View Map
- Secord Agency Insurance
265 NE 45th St – Seattle, WA 98105 – (206) 783-4024 – View Map
- Andy Hubbard – State Farm Insurance Agent
1515 NW 52nd St a – Seattle, WA 98107 – (206) 789-4211 – View Map
- State Farm – Catherine Budbill
929 N 130th St #5 – Seattle, WA 98133 – (206) 361-3770 – View Map
The largest companies are not always cheapest
Consumers can’t get away from ads that claim the cheapest prices by State Farm, GEICO and Progressive. They all advertise the message about saving some big amount just by moving your coverage.
It sounds good, but how can they all charge less that you’re paying now? Here is how they do it.
Most companies have a preferred profile for the type of driver that will not have excessive claims. One example of this type of driver could possibly be married and over the age of 30, has a low-risk occupation, and has great credit. A customer who matches those parameters will most likely get cheap rates and will save some money.
Consumers who cannot meet the “perfect” profile will be quoted higher rates and this can result in the customer buying from a different company. Company advertisements say “people who switch” but not “all drivers who get quotes” save that much money. That is how companies can truthfully make those statements. Because every company is different, you should do a rate comparison at every renewal. Because you never know which insurance companies will have the lowest rate quotes.
Don’t give up on affordable coverage
You just learned many tips how you can lower your Lincoln MKS insurance auto insurance rates in Seattle. The key thing to remember is the more you quote Seattle car insurance, the better likelihood of getting cheaper Seattle car insurance quotes. You may even be surprised to find that the best auto insurance rates are with the smaller companies.
There are still a few companies who do not provide price quotes online and these smaller providers only sell through local independent agencies. Cheaper Lincoln MKS insurance in Seattle can be found both online and with local Seattle insurance agents, and you should compare price quotes from both to have the best rate selection.
As you prepare to switch companies, you should never reduce needed coverages to save money. There have been many situations where an insured dropped comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at the best price, but do not sacrifice coverage to save money.
- What to do at the Scene of an Accident (Insurance Information Institute)
- How Much are Seattle Auto Insurance Rates for Good Students? (FAQ)
- What Car Insurance is Cheapest for a Ford Fusion in Seattle? (FAQ)
- Who Has the Cheapest Seattle Auto Insurance Quotes for Low Income Drivers? (FAQ)
- Who Has the Cheapest Auto Insurance for Veterans in Seattle? (FAQ)
- Who Has Affordable Seattle Auto Insurance for a Ford F-150? (FAQ)
- Who Has Affordable Seattle Auto Insurance for 17 Year Olds? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Hyundai Santa Fe in Seattle? (FAQ)
- Reducing Your Risks in a Car Crash Video (iihs.org)
- Insurance Losses by Make and Model (iihs.org)