How to Compare Philadelphia Lincoln MKX Insurance

How many times have you put off comparing quotes for more affordable Lincoln MKX insurance in Philadelphia? Are you regretting the purchase of overpriced Lincoln MKX insurance in Philadelphia? It’s a common feeling and there are many Philadelphia drivers thinking the same thing.

It’s a known fact that insurance companies want to keep you from comparing prices. People who shop around for cheaper price quotes are inclined to switch to a new company because of the high probability of finding a lower-priced policy. A survey found that consumers who routinely shopped for cheaper coverage saved approximately $865 a year compared to those who never compared prices.

If finding the lowest rates on car insurance is your ultimate goal, then having some knowledge of how to shop and compare cheaper coverage can help make the process easier and more efficient. Because there are so many insurance companies to choose from that have affordable insurance for a Lincoln MKX in Philadelphia, it’s nearly impossible to find the best insurance company.

Consumers need to compare prices once or twice a year because prices are adjusted regularly by insurance companies. Despite the fact that you may have had the best deal on Lincoln MKX insurance in Philadelphia two years ago a different company probably has better rate quotes today. Block out anything you think you know about insurance because we’re going to show you one of the easiest ways to save on insurance.

Choosing the most cost-effective insurance policy in Philadelphia is much easier if you have a good place to start. If you already have coverage, you stand a good chance to be able to get lower rates using these tips. Drivers just need to understand the tricks to compare different rates from many different companies online.

Lower-cost Philadelphia auto insurance rates with discounts

Insuring your vehicles can cost a lot, but you might already qualify for some discounts that many consumers don’t even know exist. Many of these discounts will be applied automatically when you get a quote, but a few must be manually applied prior to getting the savings.

• Safety Restraint Discount – Drivers who require all vehicle occupants to use a seat belt could save 15% off the personal injury premium cost.
• Save with a New Car – Insuring a vehicle that is new can save you some money since new vehicles are generally safer.
• No Accidents – Good drivers with no accidents get the best auto insurance rates as compared to policyholders that have many claims.
• Discount for Life Insurance – If the company offers life insurance, you could get a small discount if you purchase a life insurance policy as well.
• Sign Online – Some larger companies give back up to $50 for buying a policy and signing up over the internet.
• Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS and/or traction control can reduce accidents and therefore earn up to a 10% discount.
• Military Discounts – Being on active duty in the military could trigger a small discount.

It’s important to note that many deductions do not apply to the whole policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Even though the math looks like adding up those discounts means a free policy, it’s just not the way it works. But any discount will definitely lower your overall bill.

The example below compares Lincoln MKX insurance costs with and without discounts applied. The data assumes a male driver, no claims or driving violations, Pennsylvania state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, homeowner, safe-driver, multi-car, and multi-policy discounts applied.

A few of the larger companies and their offered discounts include:

• Progressive offers premium reductions for continuous coverage, multi-policy, online signing, homeowner, and online quote discount.
• The Hartford may include discounts for defensive driver, driver training, anti-theft, good student, bundle, and air bag.
• Mercury Insurance offers discounts for low natural disaster claims, accident-free, multi-car, multi-policy, and professional/association.
• GEICO discounts include federal employee, anti-lock brakes, seat belt use, five-year accident-free, and military active duty.
• AAA policyholders can earn discounts including education and occupation, anti-theft, good student, AAA membership discount, pay-in-full, and good driver.
• State Farm has savings for defensive driving training, driver’s education, safe vehicle, good driver, accident-free, multiple policy, and student away at school.

Before purchasing a policy, check with all companies you are considering which discounts can lower your rates. Some discounts may not apply in Philadelphia.

Most larger insurance companies provide prices for coverage online. Comparing Lincoln MKX insurance rates online is very simple as you simply type in your personal and coverage information as detailed in the form. Once entered, their rating system gets your driving and credit reports and returns a price based on the data you entered. This makes it simple to compare prices and it’s necessary to get many rate quotes if you want to get the lowest payment possible.

To save time and get comparison pricing now, check out the insurance providers below. If you currently have coverage, we recommend you enter the insurance coverages exactly as shown on your declarations page. This ensures you are getting rate comparison quotes for similar coverage.

The providers in the list below are ready to provide free quotes in Philadelphia, PA. If several companies are displayed, it’s highly recommended you click on several of them in order to get a fair rate comparison.

Auto insurance data for a Lincoln MKX

The premium information displayed below covers estimates of prices for Lincoln MKX models. Learning a little about how insurance prices are established can assist in making decisions when shopping around.

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Rate quotes do not factor in vehicle location which can lower or raise insurance rates substantially.

Auto insurance deductibles

One of the most common auto insurance questions is how high or low should comp and collision deductibles be. The rates shown below can help show how much more rates are when you select higher and lower coverage deductibles. The first pricing table uses a $100 physical damage deductible and the second rate chart uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Rates do not factor in zip code location which can influence insurance rates greatly.

We can derive from the above data that using a $100 deductible will cost you approximately $25 more each month or $300 a year across all Lincoln MKX models than choosing the higher $500 deductible. Because you would be required to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you have at a minimum 16 months between claim filings, you would save money if you choose a higher deductible.

Bad driving habits will cost you more

The illustration below shows how violations and at-fault accidents impact Lincoln MKX car insurance rates for each different age group. The information is based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.

Cost difference between full coverage and liability

The chart below compares Lincoln MKX yearly insurance costs with and without full coverage. The premiums are based on no violations or accidents, $1,000 deductibles, single marital status, and no policy discounts are applied.

When to drop comprehensive and collision

There is no exact formula for eliminating physical damage coverage, but there is a general convention. If the annual cost of having full coverage is more than about 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s pretend your Lincoln MKX settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company would pay you is $7,000 after paying your policy deductible. If it’s costing in excess of $700 a year for your policy with full coverage, then you might consider buying liability only.

There are some situations where only buying liability is not advised. If you still have a lienholder on your title, you have to carry full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not eliminate full coverage.

Insurance is unique, just like you

When it comes to choosing coverage for your personal vehicles, there really is no one size fits all plan. Your financial needs are unique.

For example, these questions may help highlight if you could use an agent’s help.

• Are my friends covered when driving my car?
• Do all my vehicles need collision coverage?
• Does my medical payments coverage pay my health insurance deductible?
• Does my car insurance cover rental cars?
• Which companies will insure high-risk drivers?
• Exactly who is provided coverage by my policy?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Get rate quotes but buy from a local neighborhood Philadelphia car insurance agent

A lot of people would prefer to go talk to an agent and often times that is recommended Agents can make sure you are properly covered and will help you if you have claims. One of the best bonuses of comparing insurance online is the fact that drivers can get lower rates but also keep your business local.

To make it easy to find an agent, after completing this short form, your insurance data is emailed to insurance agents in Philadelphia who will give you quotes to get your business. It’s much easier because you don’t need to visit any agencies since rate quotes are delivered to you instantly. If you have a need to quote rates from one company in particular, you can always find their quoting web page to submit a rate quote request.

Picking a company is decision based upon more than just the price. The answers to these questions are important, too.

• How much experience to they have in personal lines coverages?
• Does the agency have a current Errors and Omissions policy?
• Does the agency support the community they serve?
• Is there any savings for paying the full premium?
• Does the company have a solid financial rating?
• Does the company use OEM repair parts?
• Do they offer rental car reimbursement?

When looking for a local Philadelphia insurance agency, you should know the different types of agencies and how they work. Insurance agencies in Philadelphia are classified as either independent or exclusive depending on the company they work for. Both sell affordable insurance policies, but we need to point out why they differ because it may have an impact on which type of agent you select.

Exclusive Insurance Agencies

Exclusive agencies can only quote rates from one company like Allstate, AAA, Farmers Insurance, and State Farm. They generally cannot place coverage with different providers so it’s a take it or leave it situation. They are highly trained on sales techniques which helps them sell on service rather than price.

The following is a short list of exclusive agencies in Philadelphia that are able to give price quotes.

View more Philadelphia agents

Independent Insurance Agents

Agents of this type can sell policies from many different companies and that is an advantage because they can write policies amongst many companies depending on which coverage is best. To move your coverage to a new company, they simply move your policy to a different company which is easy for the insured.

If you are comparing rate quotes, we recommend you check rates from multiple independent agents to get the best comparison.

The following is a list of independent agents in Philadelphia that can give you comparison quotes.

View more Philadelphia agents

Frequent quotes can save

When searching for affordable Lincoln MKX insurance quotes, never buy poor coverage just to save money. In many cases, an insured cut uninsured motorist or liability limits and discovered at claim time they didn’t purchase enough coverage. The goal is to buy enough coverage at the best price but still have enough coverage for asset protection.

Some companies may not offer the ability to get quotes online and usually these smaller providers provide coverage only through independent insurance agencies. Cost effective Lincoln MKX insurance is definitely available from both online companies and from local agencies, and you need to price shop both to get a complete price analysis.

We just presented a lot of techniques to reduce Lincoln MKX insurance rates online in Philadelphia. The key concept to understand is the more you quote Philadelphia auto insurance, the higher your chance of finding low cost Philadelphia auto insurance quotes. Drivers may even discover the best rates are with a lesser-known regional company.

For more information, feel free to visit these articles:

• Rental Car Insurance Tips (Insurance Information Institute)
• Who Has the Cheapest Philadelphia Auto Insurance Rates for Ride Shares? (FAQ)
• What Car Insurance is Cheapest for Infrequent Drivers in Philadelphia? (FAQ)
• Who Has Cheap Car Insurance Rates for Good Students in Philadelphia? (FAQ)
• How Much are Philadelphia Car Insurance Quotes for a Nissan Sentra? (FAQ)
• What Insurance is Cheapest for High Mileage Drivers in Philadelphia? (FAQ)
• Teen Driving Statistics (iihs.org)
• What is Covered by GAP Insurance? (Allstate)
• Tread Depth and Tire Safety (State Farm)
• Event Data Recorders FAQ (iihs.org)