I can't think of anyone who likes having to buy auto insurance, especially when they know they could get a better deal.

Discount Lincoln MKS insuranceSurprisingly, a recent survey revealed that the vast majority of auto insurance customers in Colorado kept their coverage with the same auto insurance company for at least four years, and 38% of drivers have never compared rates to find lower-cost insurance. Many drivers in the U.S. can cut their rates by $850 a year just by shopping around, but they don't invest the time required to compare rate quotes online.

Companies like State Farm, Allstate, GEICO and Progressive continually bombard you with ads and it is difficult to sift through the bull and find the best price available.

It's important to do rate comparisons yearly since insurance prices are rarely the same from one policy term to another. Even if you got the best rates on Lincoln MKS insurance in Denver on your last policy other companies may now be cheaper. You'll find quite a bit of inaccurate information about MKS insurance online, but you can learn some of the best techniques to lower your auto insurance rates in Denver.

If you currently have insurance, you should be able to get lower rates using the ideas presented in this article. Locating the best insurance company for you in Denver is quite easy if you know the best way to do it. Nevertheless, Colorado consumers must understand the way companies price online insurance.

Insurance quotes and discounts

Insurance can be pricey, but companies offer discounts that can drop the cost substantially. Some of these discounts will be visible at the time of purchase, but a few must be manually applied before they will apply.

Please keep in mind that most discount credits are not given to the overall cost of the policy. Some only reduce specific coverage prices like collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, insurance companies wouldn't stay in business.

To see insurance companies who offer cheap Lincoln MKS insurance quotes in Denver in Colorado, click here.

When comparison shopping, obtaining a wide range of quotes helps improve the odds of finding a lower rate.

The companies shown below are our best choices to provide free quotes in Denver, CO. If more than one company is shown, we recommend you visit as many as you can to get the best price comparison.

Lincoln MKS Insurance Rates in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $328 $702 $388 $22 $116 $1,556 $130
MKS 4-Dr Sedan $182 $382 $338 $20 $102 $1,024 $85
MKS Ecoboost AWD 4-Dr Sedan $324 $688 $314 $18 $94 $1,438 $120
Get Your Own Custom Quote Go

Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Price estimates do not factor in vehicle location which can affect coverage prices significantly.

Choosing deductibles

One common question asked by Denver drivers is how high should your deductibles be. The following insurance rates sum up how much more you'll pay between high and low physical damage deductibles. The first rate quote example uses a $250 physical damage deductible and the second set of rates uses a $500 deductible.

Lincoln MKS insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $342 $620 $298 $18 $90 $1,393 $116
MKS 4-Dr Sedan $342 $620 $298 $18 $90 $1,393 $116
MKS Ecoboost AWD 4-Dr Sedan $376 $702 $298 $18 $90 $1,509 $126
Get Your Own Custom Quote Go
Lincoln MKS insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $278 $500 $298 $18 $90 $1,184 $99
MKS 4-Dr Sedan $278 $500 $298 $18 $90 $1,184 $99
MKS Ecoboost AWD 4-Dr Sedan $306 $566 $298 $18 $90 $1,278 $107
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Estimates do not factor in zip code location which can modify coverage rates significantly.

Based on the data above, we can derive that using a $250 deductible will cost you approximately $17 more each month or $204 annually than requesting the higher $500 deductible. Since the policyholder would be required to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally go at a minimum 15 months between claim filings, you would more than likely save some money going with the higher deductible.

Calculate deductible break even point

Average monthly premium for $250 deductibles: $119
Average monthly premium for $500 deductibles (subtract): - $102
Monthly savings from raising deductible: $17
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

Lincoln MKS liability rates compared to full coverage

The example below visualizes the comparison of Lincoln MKS car insurance costs with full coverage and liability only. The rate quotes are based on no claims, a clean driving record, $100 deductibles, single female driver, and no discounts are applied.

Should you pay for full coverage?

There is no set rule to eliminate comp and collision coverage, but there is a guideline you can consider. If the annual cost of coverage is more than about 10% of the vehicle's replacement cost less your deductible, the it may be a good time to stop paying for full coverage.

For example, let's pretend your Lincoln MKS replacement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $8,000 after the deductible is paid. If you are paying more than $800 annually for physical damage coverage, then it's probably a good time to buy liability coverage only.

There are some cases where dropping full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.

Auto insurance deductibles

The illustration below illustrates how choosing a deductible and can increase or decrease Lincoln MKS annual premium costs for each age group. The premiums assume a single male driver, full physical damage coverage, and no policy discounts are applied.

What Determines Lincoln MKS Insurance Premiums?

Many different elements are used when you get a price on insurance. Some factors are common sense like your driving record, but other factors are more obscure like where you live or your financial responsibility.

The factors shown below are some of the things companies use to determine your rate level.

How much insurance do I need?

When it comes to proper insurance coverage, there really is no "perfect" insurance plan. Every situation is different.

For instance, these questions can aid in determining if your situation might need professional guidance.

If you can't answer these questions, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form.

When do I need to contact a local insurance agent?

A lot of people just want to go talk to an agent and that can be a great decision An additional benefit of comparing auto insurance online is you can get cheaper rates and still have a local agent.

Denver insurance agentsOnce you complete this short form, the quote information is instantly submitted to insurance agents in Denver who will give competitive quotes to get your business. It makes it easy because there is no need to contact any insurance agencies since price quotes are sent directly to your email. You can find the lowest rates and a licensed agent to talk to. If for some reason you want to get a price quote from a specific company, you just need to jump over to their website and give them your coverage information.

Picking the best insurer requires more thought than just the premium amount. Get answers to these questions too.

When finding a local Denver insurance agent, there are a couple of types of agencies that you can select. Agencies in Denver can be categorized as either independent (non-exclusive) or exclusive.

Exclusive Auto Insurance Agents

Exclusive agents work for only one company such as AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents are unable to shop your coverage around so they have to upsell other benefits. Exclusive agencies are well trained on their company's products which aids in selling service over price.

Listed below is a list of exclusive insurance agents in Denver willing to provide comparison quotes.

2839 Wyandot St - Denver, CO 80211 - (720) 588-4111 - View Map

Bob Chapman - State Farm Insurance Agent
2335 E Evans Ave - Denver, CO 80210 - (303) 777-3005 - View Map

Alan Deines - State Farm Insurance Agent
2120 S Ash St Unit 150 - Denver, CO 80222 - (303) 388-4400 - View Map

More Denver agents

Independent Agents

These type of agents are appointed with more than one company and that is an advantage because they can write policies amongst many companies and find the cheapest rate. If you want to switch companies, your policy is moved internally which requires no work on your part. When shopping rates, it's a good idea to include at least one independent agent to have the best price comparison.

Listed below is a list of independent insurance agencies in Denver who can help you get price quotes.

100 Fillmore St - Denver, CO 80206 - (720) 209-4598 - View Map

Westwood Insurance
57 W Alameda Ave - Denver, CO 80223 - (303) 722-2841 - View Map

179 S Colorado Blvd - Denver, CO 80246 - (303) 321-9300 - View Map

More Denver agents

Buying the right Lincoln MKS insurance in Colorado is an important decision

Even though Denver MKS insurance rates can get expensive, insurance serves several important purposes.

The benefits of having insurance more than cancel out the cost, particularly if you ever have a claim. An average driver in America overpays as much as $850 per year so we recommend shopping around at every renewal to make sure the price is not too high.

In the end, you can save money

We covered a lot of information how to reduce Lincoln MKS insurance auto insurance rates online in Denver. The key thing to remember is the more you quote Denver car insurance, the better chance you'll have of finding low cost Denver car insurance quotes. You may even be surprised to find that the lowest auto insurance rates are with the smaller companies.

Insureds switch companies for a number of reasons such as unfair underwriting practices, high prices, not issuing a premium refund and even high rates after DUI convictions. Regardless of your reason, choosing a new insurance company can be pretty painless.

Cheaper Lincoln MKS insurance in Denver can be purchased online and also from your neighborhood Denver agents, and you should be comparing both in order to have the best price selection to choose from. There are still a few companies who don't offer online rate quotes and most of the time these small, regional companies prefer to sell through independent agents.

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