2007 Lincoln MKZ Car Insurance Rates

Did a good deal turn out to be overpriced auto insurance? It’s a common feeling and many consumers feel financially strained by their auto insurance policy. With people having so many online and local companies to choose from, it is very difficult to find a lower cost company.

It’s a good idea to get comparison quotes before your next renewal because auto insurance prices are variable and change quite frequently. If you had the best deal on MKZ insurance on your last policy you can probably find a lower rate today. There is a lot of bad information regarding auto insurance out there, but in a few minutes you can learn some solid techniques on how to put money back in your pocket.

Lower rates by qualifying for discounts

Companies do not list their entire list of discounts very clearly, so the next list breaks down a few of the more well known in addition to some of the lesser obvious savings tricks you should be using when you buy insurance online.

  • Auto/Home Discount – If you can combine your auto and home policy and place coverage with the same company you could save nearly 15% which can help you find affordable insurance.
  • Government Employee Discount – Simply working for the federal government may reduce rates when you quote insurance on MKZ insurance with a few insurance coverage companies.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents may save up to 50% more on MKZ insurance than drivers with accident claims.
  • Braking Control Discount – Vehicles with ABS braking systems or traction control prevent accidents so you can save 10 percent or more.
  • Drivers Ed for Students – Teen drivers should participate in a local driver’s education class if it’s offered in school.
  • Discount for Swiching Early – Some companies give discounts for renewing your policy prior to your current policy expiring. You could save around 10% when you buy insurance online.
  • No Charge for an Accident – Not really a discount, but some companies like State Farm and GEICO permit an accident before your rates go up with the catch being you have to be claim-free for a certain period of time.
  • Onboard Data Collection – Drivers that enable their insurance company to look at vehicle usage through the use of a telematics system like Allstate’s Drivewise may see discounts if they are good drivers.
  • Paper-free Discount – Many insurance companies will give a small break get insurance on their website.
  • College Student Discount – Kids who live away from home to go to college and do not take a car to college could get you a discount.

Just know that some credits don’t apply to all coverage premiums. Most only apply to specific coverage prices like liability, collision or medical payments. So even though you would think all those discounts means the company will pay you, company stockholders wouldn’t be very happy. But any discount will definitely reduce your policy premium.

To choose insurance companies with the best insurance coverage discounts, click here to view.

Ways to get insurance quotes

Getting cheap 2007 Lincoln MKZ insurance pricing is pretty simple and can save money. All you need to do is take the time to compare free insurance quotes from some recommended companies. This can be accomplished using one of these methods.

Experts agree that the best way to get quotes is a comparison rater form click here to open form in new window. This style of form keeps you from doing boring form submissions for each company you want a rate for. Taking the time to complete one form gets coverage cost estimates from several companies.

A more time consuming way to shop for insurance online consists of going to each company’s website and request a quote. For instance, let’s assume you need rates from Liberty Mutual, 21st Century and Allstate. You would need to navigate to each company’s site and enter your policy data, which can take a lot of time. For a handy list of car insurance company links in your area, click here.

It’s your choice how you get your quotes, but make sure you use equivalent coverages for every company. If you enter unequal deductibles or liability limits it will be very difficult to make a fair rate comparison.

How insurance companies calculate Lincoln MKZ insurance premiums

Part of the insurance buying process is learning the different types of things that aid in calculating the rates you pay for insurance. When consumers understand what determines premiums, this allows you to make educated decisions that may reward you with big savings.

  • Get married and get cheaper prices – Being married actually saves money on your insurance bill. It means you’re more mature and responsible and it’s proven that married couples file fewer claims.
  • Safer the car lower the rate – Cars with high safety ratings are cheaper to insure. Vehicles engineered for safety reduce occupant injuries and fewer serious injuries means lower claim amounts which can mean better rates for you. If the Lincoln MKZ is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Big cities have higher prices – Residing in less populated areas of the country can be a good thing if you are looking for the lowest rates. Drivers who live in large cities have to deal with much more traffic and more time behind the wheel. Fewer drivers and short commutes translates into fewer accident claims in addition to fewer liability claims.
  • Males are more aggressive – Over the last 30 years, statistics show women tend to be less risk to insure than men. However, this does not mean males are worse at driving than females. They both cause auto accidents at about the same rate, but the men tend to have more serious accidents. Not only are claims higher, but men have more aggressive citations such as reckless driving.
  • Annual miles impacts premiums – The higher the mileage driven each year the higher your rates will be. Most companies calculate prices based upon how you use the vehicle. Autos that have low annual miles receive better premium rates compared to those used for work or business. Having the wrong rating on your MKZ may be costing you higher rates. Verify your insurance policy shows the correct usage for each vehicle.
  • Driving citations are costly – Good drivers tend to pay less for car insurance than people who have multiple driving citations. Even a single speeding ticket could increase your next policy renewal by twenty percent. Drivers who have gotten flagrant citations such as DUI, reckless driving or excessive speeding may find that they have to to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to legally drive a vehicle.

Insurance coverage is unique, just like you

When buying adequate coverage for your personal vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions might point out whether you might need an agent’s assistance.

  • Where can I find high-risk insurance?
  • Is my 2007 Lincoln MKZ covered for flood damage?
  • Does my 2007 Lincoln MKZ qualify for pleasure use?
  • Do I need special endorsements for business use of my vehicle?
  • Do I have coverage if my license is suspended?
  • Is my teen driver covered when they drive my company car?
  • Can I drive in Mexico and have coverage?
  • Do I have coverage when pulling a U-Haul trailer?
  • When should I not file a claim?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It is quick, free and can help protect your family.

Beware of misleading car insurance ads

Drivers can’t ignore all the ads that promise big savings for switching by companies like State Farm and Allstate. They all make an identical promise that people will save just by switching your coverage to them.

How does each company charge less that you’re paying now? It’s all in the words they use.

Insurance companies provide the lowest rates for the type of customer that will add to their bottom line. One example of a profitable customer might have to be over the age of 50, has no prior claims, and chooses high deductibles. Any driver who matches that profile gets the lowest rates as well as save a lot if they switch.

Drivers who do not meet the ideal profile will probably be forced to pay higher prices which results in the customer not buying. The ads say “customers who switch” not “all people who quote” save the amount stated. That’s the way insurance companies can state the savings.

Because of these techniques, you need to get as many free insurance quotes as possible. It is impossible to guess with any certainty which company will be your best fit.

Insurance policy specifics

Having a good grasp of a insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement. Listed below are the normal coverages found on the average insurance policy.

Comprehensive or Other Than Collision

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like vandalism, hitting a bird, a tree branch falling on your vehicle and damage from flooding. The most your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability coverage

This coverage can cover damage or injury you incur to other people or property that is your fault. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims like pain and suffering, loss of income, bail bonds and repair costs for stationary objects. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage

Collision insurance pays for damage to your MKZ from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things like scraping a guard rail, colliding with a tree, rolling your car and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like dental work, prosthetic devices, surgery and doctor visits. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Lincoln MKZ.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Online plus local equals savings

Cost effective 2007 Lincoln MKZ insurance is attainable online and also from your neighborhood agents, and you should compare rates from both in order to have the best price selection to choose from. Some companies do not provide rate quotes online and these small, regional companies sell through local independent agencies.

In this article, we covered many ways to lower your 2007 Lincoln MKZ insurance rates. It’s most important to understand that the more companies you get car insurance rates for, the more likely it is that you will get a better rate. You may be surprised to find that the lowest rates come from some of the lesser-known companies. Smaller companies may have significantly lower car insurance rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

When searching for the cheapest insurance quotes, never reduce coverage to reduce premium. In too many instances, someone sacrificed liability limits or collision coverage to discover at claim time they didn’t purchase enough coverage. Your aim should be to get the best coverage possible at a price you can afford while not skimping on critical coverages.

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