5 Simple Ways to Cut Lincoln Mark VIII Rates

Finding low-cost insurance for a Lincoln Mark VIII can turn out to be an all-consuming task, but you can learn our auto insurance buying tips to save time.

There are both good and bad ways to buy auto insurance and we’ll show you the proper way to compare rates for your Lincoln and get the lowest price either online or from local insurance agents.

It’s smart to get comparison quotes yearly because insurance rates change regularly. Even if you got the lowest rates on Mark VIII insurance a year ago other companies may now be cheaper. Ignore everything you know about auto insurance because you’re about to find out how to use online quotes to get good coverage at a lower rate.

How to Compare Auto Insurance Costs

Shopping for lower auto insurance rates can take time and effort if you don’t know the fastest way to get free quotes. You can waste a lot of time talking to agents in your area, or you could save time and use online quotes to achieve your goal.

Many companies are enrolled in a marketplace that enables customers to send in one quote, and each participating company provides a quote determined by their information. This system prevents you from having to do quote requests to every company.

To compare rates now click here to open in new window.

The one disadvantage to getting quotes like this is you cannot specify the insurers to get pricing from. So if you want to select specific providers to receive pricing from, we have assembled a list of companies who write auto insurance in your area. Click here to view list.

Which method you use is up to you, but make absolute certain that you use the exact same coverage limits with every price quote. If you have different values for each quote then you won’t be able to decipher which rate is best.

Beware of misleading auto insurance ads

Drivers can’t get away from ads for the lowest price auto insurance from companies such as State Farm, GEICO and Progressive. They all seem to have a common claim of big savings if you switch your policy.

How does each company say the same thing? This is how they do it.

All the different companies have a preferred profile for the driver that is profitable for them. For example, a preferred risk could possibly be between 30 and 50, is a homeowner, and drives less than 7,500 miles a year. A driver that hits that “sweet spot” will get the preferred rates and therefore will cut their rates substantially.

Drivers who fall outside these standards will have to pay a more expensive rate which leads to the customer not buying. The ad wording is “customers that switch” not “everyone that quotes” save that much. That’s the way companies can advertise the way they do.

Because of the profiling, you need to compare as many rates as you can. It is impossible to predict which insurance companies will give you the biggest savings.

Companies offer discounts so take them!

Insuring your vehicles can cost a lot, buy you may qualify for discounts that you may not even be aware of. Larger premium reductions will be automatically applied at the time of purchase, but less common discounts must be inquired about before you will receive the discount. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

Drive Safe and Save – Safe drivers can pay as much as 50% less on Mark VIII insurance than their less cautious counterparts.
Sign Online – A few companies will give a small break for buying a policy and signing up over the internet.
New Vehicle Savings – Insuring a new car can be considerably cheaper since new cars are generally safer.
Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase life insurance.
Lower Rates for Military – Having a deployed family member can result in better rates.

As a disclaimer on discounts, some credits don’t apply to your bottom line cost. Some only apply to individual premiums such as collision or personal injury protection. So when it seems like it’s possible to get free car insurance, you won’t be that lucky. Any qualifying discounts will cut the cost of coverage.

For a list of insurance companies with the best auto insurance discounts, click here to view.

But I prefer to buy car insurance from an agent

Some people would rather buy from a local agent. Educated insurance agents are trained to spot inefficiencies and help in the event of a claim. The biggest benefit of comparing insurance prices online is that you can obtain the lowest rates but also keep your business local. And providing support for local insurance agencies is important particularly in smaller communities.

Upon completion of this form (opens in new window), your insurance data is emailed to agents in your area who will compete for your insurance coverage. You don’t have to drive around since price quotes are sent straight to your inbox.

If you want to contact a specific insurance agent in your state, click here.

Picking an provider should depend on more than just a cheap price. These are valid questions to ask:

Which company do they place the most coverage with?
How much can you save by raising your physical damage deductibles?
Is vehicle damage repaired with OEM or aftermarket parts?
How long has their agency been open?
Did they already check your driving record and credit reports?

After receiving satisfactory answers to all your questions as well as a affordable price, chances are good that you have found an provider that is a good match to adequately provide auto insurance. But remember, policyholders can terminate your policy for any reason so never assume you are locked into any specific agency with no way to switch.

Your coverage should be tailored to you

When buying the best auto insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s situation is a little different.

For example, these questions can help discover whether or not you will benefit from professional help.

How much liability coverage do I need in my state?
Is a new car covered when I drive it off the dealer lot?
Is rental equipment covered for theft or damage?
When should I not file a claim?
Does my insurance cover damage caused when ticketed for reckless driving?
Do I need motorclub coverage?
Should I drop comprehensive coverage on older vehicles?
Am I covered when delivering products for my home-based business?
What if I don’t agree with a claim settlement offer?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and you can get the answers you need.

Coverage specifics

Learning about specific coverages of auto insurance helps when choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement.

Liability car insurance – Liability coverage can cover injuries or damage you cause to other people or property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as attorney fees, legal defense fees, medical expenses and structural damage. How much liability should you purchase? That is up to you, but consider buying as high a limit as you can afford.

Comprehensive protection – This coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like rock chips in glass, a tree branch falling on your vehicle and fire damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision – This coverage pays for damage to your Mark VIII from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims like driving through your garage door, sustaining damage from a pot hole, crashing into a building, sideswiping another vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Lincoln Mark VIII.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Medical expense coverage – Medical payments and Personal Injury Protection insurance pay for immediate expenses such as pain medications, surgery, X-ray expenses, ambulance fees and prosthetic devices. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Smart consumers save more

Drivers leave their current company for any number of reasons including an unsatisfactory settlement offer, not issuing a premium refund, delays in responding to claim requests or even high rates after DUI convictions. Regardless of your reason for switching companies, finding a great new company is pretty easy and you might even save some money in the process.

We just presented a lot of information how to shop for Lincoln Mark VIII insurance online. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may even find the best prices are with the smaller companies.

Low-cost Lincoln Mark VIII insurance can be sourced online in addition to many insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some auto insurance companies do not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.