Save on Lincoln Navigator Insurance in Lincoln

A study showed that the vast majority of drivers have bought insurance from the same company for over three years, and approximately 38% of consumers have never compared rates with other companies. American drivers could save nearly 47% each year, but they underestimate how much they could save if they replace their high priced policy.

If your goal is the lowest price, then the best way to get budget car insurance rates is to regularly compare quotes from different companies who sell auto insurance in Lincoln. Prices can be compared by following these guidelines.

1. Take a few minutes and learn about car insurance and the measures you can take to prevent rate increases. Many rating factors that are responsible for high rates such as traffic citations, accidents, and a low credit score can be controlled by making minor driving habit or lifestyle changes.
2. Quote rates from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from a single company like GEICO or Farmers Insurance, while independent agents can provide prices from multiple insurance companies.
3. Compare the new rates to your existing policy to see if a cheaper rate is available. If you find a better price and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Provide notification to your current agent or company of your intent to cancel your current coverage and submit payment and a signed application to the newly selected company. Make sure you put the new proof of insurance paperwork with the vehicle registration.

The most important part of this process is that you use similar deductibles and liability limits on each quote and and to get rates from as many companies as you can. Doing this guarantees a level playing field and the best rate selection.

We hope to introduce you to how to compare rates easily. If you’re already insured, you will most likely be able to get lower rates using the ideas presented in this article. Nevertheless, Nebraska drivers do need to learn the way insurance companies sell online because rates fluctuate considerably.

To find the cheapest Lincoln Navigator rate quotes, there are several ways to compare quotes from different companies. The easiest way by far to lower the rate you pay for Lincoln Navigator insurance is simply to get online rate quotes. When quoting auto insurance, remember that getting more free quotes helps locate more affordable insurance.

The companies shown below are our best choices to provide free rate quotes in Nebraska. To buy cheap auto insurance in Lincoln, it’s highly recommended you get rates from several of them to get the best price comparison.

Detailed insurance information

The rate information displayed below showcases a range of policy rates for Lincoln Navigator models. Being able to understand how insurance prices are calculated can assist in making smart choices when choosing a car insurance company.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Estimates do not factor in your specific Lincoln location which can change coverage rates substantially.

Higher deductibles save money

One of the more difficult decisions when buying car insurance is how high should your deductibles be. The figures shown below sum up the premium difference when you choose different physical damage coverage deductibles. The first rate estimation uses a $100 deductible and the second pricing table uses a $500 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Premium amounts do not factor in specific garaging location which can revise auto insurance rates greatly.

Based on these figures, using a $100 deductible will cost you roughly $27 more each month or $324 each year than opting for the higher $500 deductible. Since the policyholder would be required to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to average at least 15 months between claim filings, you would save more money if you elect the higher deductible.

The illustration below demonstrates how deductible levels and can increase or decrease Lincoln Navigator insurance costs for each different age category. The rate quotes are based on a married male driver, full coverage, and no discounts are factored in.

Yearly car insurance costs for men versus women

The illustration below compares Lincoln Navigator auto insurance rates for male and female drivers. The rates are based on no claims, a clean driving record, comp and collision included, $100 deductibles, single marital status, and no discounts are factored in.

Difference between liability only and full coverage rates

The illustration below compares Lincoln Navigator insurance costs with liability coverage only compared to full coverage. Data assumes no violations or accidents, $500 deductibles, marital status is single, and no discounts are applied to the premium.

When to eliminate full coverage

There is no definitive guideline that works best for making the decision to drop physical damage insurance, but there is a general convention. If the yearly cost of comp and collision coverage is 10% or more of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.

For example, let’s assume your Lincoln Navigator replacement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $3,000 after paying your policy deductible. If you are currently paying more than $300 a year for physical damage coverage, then you might want to think about dropping full coverage.

There are some cases where eliminating full coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.

Three reasons to insure your vehicle

Even though it can be expensive, buying auto insurance is a good idea for several reasons.

First, just about all states have compulsory liability insurance requirements which means you are required to carry specific limits of liability coverage if you don’t want to risk a ticket. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if your vehicle has a loan, almost every bank will require you to buy insurance to guarantee loan repayment. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Lincoln at a significantly higher premium and force you to pay for the expensive policy.

Third, auto insurance protects both your Lincoln and your personal assets. It also can pay for hospital and medical expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, your policy will pay to repair the damage minus the deductible amount.

The benefits of buying enough insurance more than cancel out the cost, especially when you need to use it. According to a 2015 survey, the average American driver is wasting up to $865 each year so compare quotes from several companies at every policy renewal to save money.

You Can Change Your Insurance Rates

Part of the auto insurance buying process is learning some of the factors that are used to determine your auto insurance rates. If you know what impacts premium levels, this allows you to make good choices that can help you get lower rates. Multiple criteria are taken into consideration when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but other factors are not quite as obvious such as your marital status or your financial responsibility.

Listed below are a few of the things companies use to determine prices.

• Performance makes a difference – The make and model of the car or truck you need to insure makes a big difference in your auto insurance rates. The lowest rates are usually found on small economy passenger cars, but there are many factors that impact the final cost.

  The following chart uses these assumptions: married male driver age 50, full coverage with $250 deductibles, and no discounts or violations. It illustrates Lincoln Navigator insurance premiums compared to other models that have different risk factors.

• Drivers with responsible credit save on auto insurance – Your credit score is a big factor in determining what you pay for auto insurance. Drivers who have very good credit scores tend to be more responsible as compared to drivers with lower ratings. If your credit can use some improvement, you could save money insuring your Lincoln Navigator by spending a little time repairing your credit.
• Consolidate policies and save – Many companies will give discounts to policyholders that purchase more than one policy, otherwise known as a multi-policy discount. Discounts can be five, ten or even twenty percent. Even if you already get this discount, it’s always a smart idea to check prices from other companies to guarantee you are still saving the most. You may still be able to save more without the discount by buying insurance from more than one company.

• Poor driving leads to higher prices – Attentive drivers have lower premiums as compared to those with violations. Having a single chargeable violation may increase your cost by as much as twenty percent. Drivers with license-revoking tickets such as DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent a license revocation.

  The chart below illustrates how violations and at-fault fender-benders raise Lincoln Navigator car insurance costs for each age group. The costs are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.

• Lincoln Navigator claim statistics – Insurers use statistical claims data to help set a rate to offset losses. Vehicles that historically have a trend towards higher claim severity or frequency will have a higher cost to insure. The table shown below demonstrates the actual insurance loss data for Lincoln Navigator vehicles.

  For each coverage category, the claim probability for all vehicles compiled together is considered to be 100. Numbers under 100 are indicative of better than average losses, while numbers that are greater than 100 indicate a higher chance of having a claim or an increased probability of a larger loss.

  
  

  Lincoln Navigator Insurance Claim Statistics

  Specific Lincoln Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Lincoln Navigator 4dr 2WD	109	114	61
  Lincoln Navigator 4dr 4WD	93	89	82
  Lincoln Navigator L 4dr 2WD	129		69
  Lincoln Navigator L 4dr 4WD	101	116	119

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lincoln auto insurance companies ranked

Insuring your vehicle with the top auto insurance company can be challenging considering how many companies sell insurance in Lincoln. The ranking data listed below may help you analyze which companies you want to consider comparing prices from.

Top 10 Lincoln Car Insurance Companies Ranked by Claims Service

1. Progressive
2. Travelers
3. Liberty Mutual
4. Nationwide
5. USAA
6. AAA Insurance
7. Safeco Insurance
8. GEICO
9. Esurance
10. The General

A little work can save a LOT of money

In this article, we presented some good ideas how to compare Lincoln Navigator insurance prices in Lincoln. The key thing to remember is the more price quotes you have, the higher your chance of finding affordable Lincoln Navigator insurance quotes. You may even discover the lowest prices come from a company that doesn’t do a lot of advertising.

When searching for cheaper Lincoln auto insurance quotes, it’s very important that you do not reduce needed coverages to save money. Too many times, an insured dropped comprehensive coverage or liability limits and discovered at claim time they didn’t purchase enough coverage. Your objective should be to buy a smart amount of coverage for the lowest cost and still be able to protect your assets.

Drivers leave their current company for a variety of reasons including delays in responding to claim requests, delays in paying claims, being labeled a high risk driver or even high prices. Whatever your reason, finding a new company is not as hard as you think.

To learn more, feel free to browse the following helpful articles:

• Vehicle Safety Ratings (iihs.org)
• How Much is Auto Insurance for a Toyota Highlander in Lincoln? (FAQ)
• Who Has Cheap Lincoln Car Insurance for a Toyota Camry? (FAQ)
• What Insurance is Cheapest for Drivers Over Age 60 in Lincoln? (FAQ)
• Teen Driver Statistics (Insurance Information Institute)
• Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
• Alcohol Impaired Driving FAQ (iihs.org)
• Auto Insurance Facts and Statistics (Insurance Information Institute)