If your goal is the lowest price, then the best way to find low-cost prices for Lincoln LS insurance is to compare prices at least once a year from insurance carriers who sell insurance in Chandler. Prices can be compared by following these steps.
- Read about what is in your policy and the measures you can take to prevent high rates. Many rating factors that are responsible for high rates such as speeding tickets, accidents and a lousy credit rating can be rectified by making lifestyle changes or driving safer. Later in this article we will cover information to help keep prices low and get bigger discounts.
- Request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give prices from a single company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes for many different companies.
- Compare the new rates to your current policy to see if switching to a new carrier will save money. If you find a lower rate and buy the policy, make sure coverage does not lapse between policies.
- Give notification to your agent or company of your decision to cancel your current car insurance policy and submit payment and a signed application for the new coverage. As soon as you have the new policy, place your new certificate of insurance in an accessible location in your vehicle.
The key aspect of shopping around is to use identical deductibles and limits on each quote and and to look at as many companies as feasibly possible. This guarantees an apples-to-apples comparison and many rates to choose from.
It’s safe to conclude that car insurance companies want to keep you from shopping around. People who shop around for cheaper price quotes will presumably switch companies because there is a great chance of finding a lower-priced company. A recent survey discovered that drivers who shopped around saved an average of $865 a year compared to drivers who don’t regularly compare prices.
If finding budget-friendly Lincoln LS insurance is your target objective, then having a grasp of how to find companies and compare cheaper coverage can help simplify the process.
Find More Affordable Insurance with These Tips
Lots of factors are taken into consideration when you get your auto insurance bill. Some of the criteria are obvious like a motor vehicle report, but some are less apparent such as whether you are married or your vehicle rating. It’s important that you understand some of the factors that go into determining your policy premiums. If you know what impacts premium levels, this allows you to make good choices that could result in much lower annual insurance costs.
The itemized list below are some of the factors used by your company to calculate your rates.
- Premiums go up with performance – The performance of the car or truck you need insurance for makes a substantial difference in your car insurance bill. The lowest base rates are usually for economy passenger vehicles, but that’s not the only thing that factors into the final price.
- Raise comp and collision deductibles and save – Comp and collision deductibles define how much you are willing to pay if a claim is determined to be covered. Protection for physical damage, also known as collision and other-than-collision, covers damage that occurs to your car. Examples of covered claims would be collision with another vehicle, vandalism, or theft of your vehicle. The more expense you’re willing to pay, the better rate you will receive.
- Claim-free discounts can add up – Car insurance companies in Arizona generally give better rates to drivers who are claim-free. If you file claims often, you can pretty much guarantee either policy cancellation or increased premiums. Your car insurance is meant to be used in the event of claims that pose a financial burden.
- Low mileage costs less – The higher the mileage driven in a year the higher your rate. A lot of insurance companies apply a rate based on their usage. Cars used primarily for pleasure use can be on a lower rate level as compared to vehicles used primarily for driving to work. Verify your insurance declarations sheet is showing the proper vehicle usage, because it can save money. An improperly rated LS is just wasting money.
- The higher your credit rating the lower your premiums – Credit history can be an important factor in calculating your premium rate. Drivers with high credit ratings tend to be more responsible and file fewer claims than drivers with worse credit. So if your credit rating is not that good, you could be paying less to insure your Lincoln LS if you improve your credit rating.
- Big cities mean more claims – Choosing to live in less populated areas is a good thing when buying insurance. People in densely populated areas have to deal with more aggressive driving styles and more severe claims. Fewer drivers corresponds to lower accident rates and lower theft and vandalism rates.
- Insure your auto and home with one company – The majority of insurance companies afford better rates for people who have multiple policies with them, otherwise known as a multi-policy discount. Even with this discount applied, consumers should still compare Lincoln LS rates in Chandler to help ensure you have the lowest rates.
- Don’t cut corners with liability protection – The liability section of your policy will afford coverage if you are found liable for causing damage or personal injury in an accident. Liability provides legal defense up to the limits shown on your policy. This coverage is very inexpensive as compared to coverage for physical damage, so drivers should carry high limits.
The companies shown below have been selected to offer price comparisons in Arizona. If your goal is to find cheaper auto insurance in Chandler, AZ, we recommend you visit as many as you can to get the cheapest price.
Here’s why auto insurance is not optional
Despite the high insurance cost for a Lincoln LS in Chandler, auto insurance is required in Arizona but also provides important benefits.
- Almost all states have minimum liability requirements which means you are required to buy specific minimum amounts of liability insurance in order to be legal. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your Lincoln LS, it’s guaranteed your bank will stipulate that you have comprehensive coverage to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the lender may have to buy a policy to insure your Lincoln for a much higher rate and require you to reimburse them for the much more expensive policy.
- Insurance safeguards both your assets and your vehicle. It also can pay for medical bills that are the result of an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, your policy will cover the repair costs.
The benefits of insuring your car more than offset the price you pay, particularly for liability claims. But the average driver in Arizona is wasting up to $750 every year so we recommend shopping around at least once a year to be sure current rates are still competitive.
Take policy discounts and save on Lincoln LS insurance in Chandler
Insurance is not cheap nor is it fun to buy but there may be some discounts to help offset the cost. Certain credits will be shown when you purchase, but lesser-known reductions have to be specifically requested in order for you to get them.
- Discount for Passive Restraints – Vehicles with factory air bags or automatic seat belts can get savings of 25 to 30%.
- Memberships – Participating in a qualifying organization could trigger savings when shopping for insurance.
- Low Mileage Discounts – Keeping the miles down on your Lincoln can earn lower prices due to less chance of an accident.
- ABS Braking Discount – Cars and trucks equipped with ABS or steering control can avoid accidents and therefore earn up to a 10% discount.
- Claim-Free Discount – Drivers who don’t have accidents can save substantially when compared with insureds who have frequent claims or accidents.
- Military Discounts – Having a family member in the military could mean lower insurance rates.
You can save money using discounts, but most credits do not apply to your bottom line cost. A few only apply to individual premiums such as comprehensive or collision. Just because you may think you would end up receiving a 100% discount, it doesn’t quite work that way.
Insurance companies that may have some of the discounts shown above are:
If you need lower rates, check with each company or agent which discounts can lower your rates. Some credits may not apply to policies in your state. For a list of insurance companies who offer discounts in Arizona, click this link.
What if I want to buy from local Chandler insurance agencies?
A small number of people prefer to talk to an insurance agent and that is OK! Good agents can help you build your policy and give you someone to call. One of the benefits of comparing car insurance online is that you can obtain cheap car insurance rates and still have a local agent. And providing support for local insurance agencies is especially important in Chandler.
Upon completion of this simple form, your coverage information is instantly submitted to insurance agents in Chandler that provide free Chandler car insurance quotes for your insurance coverage. It makes it easy because there is no need to search for any insurance agencies because quoted prices will be sent to you directly. If you have a need to get a comparison quote from one company in particular, feel free to find their quoting web page and fill out the quote form the provide.
Choosing the best insurance company should depend on more than just a cheap quote. A good agent in Chandler will have answers to these questions.
- How often do they review policy coverages?
- Do they see any coverage gaps in your plan?
- Is there a 24/7 contact number?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- Can glass repairs be made at your home?
- Do they have cheaper tiers of coverage?
Cheaper car insurance premiums are out there
Insureds switch companies for a number of reasons such as delays in paying claims, an unsatisfactory settlement offer, extreme rates for teen drivers and high prices. Whatever your reason, finding a new car insurance company can be pretty painless.
We just covered a lot of techniques to reduce Lincoln LS insurance rates online in Chandler. It’s most important to understand that the more times you quote, the better your comparison will be. Consumers could even find that the best rates are with a small local company.
Cost effective Lincoln LS insurance can be sourced from both online companies and from local agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies don’t offer online quoting and many times these small, regional companies sell through independent insurance agencies.
Additional information
- Child Safety Seats (Insurance Information Institute)
- How Much is Auto Insurance for Single Moms in Chandler? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Kia Optima in Chandler? (FAQ)
- What Auto Insurance is Cheapest for Used Cars in Chandler? (FAQ)
- Airbag FAQ (iihs.org)
- Side Impact Crash Tests (iihs.org)
- Should I Buy a New or Used Car? (Allstate)