Insurance for Lincoln MKXTrying to find the cheapest insurance for a Lincoln MKX in Colorado could be difficult, but you can learn the following methods to make it easier.

There are both good and bad ways to compare insurance rates and you need to know the absolute fastest way to price shop coverage on a Lincoln and obtain the cheapest rates either online or from Fort Collins insurance agents.

Regrettably, most insurance buyers in Colorado have bought insurance from the same company for over three years, and nearly half have never shopped around. The average driver in America can save as much as 46.5% each year by just comparing rate quotes, but most just don't grasp the big savings they would realize if they replace their high priced policy.

Quoting the lowest cost policy in Fort Collins is easy if you know what you're doing. If you're already insured or just want cheaper coverage, use these tips to reduce premiums and still get good coverage. Smart shoppers only have to learn the least time-consuming way to get comparison rates from many different companies online.

Save a ton with discounts

Companies offering auto insurance do not advertise every discount in a way that's easy to find, so here is a list both the well known as well as some of the hidden credits available to lower your premiums when you buy Fort Collins car insurance online. If you check and find you aren't receiving every discount available, you're just leaving money on the table.

One thing to note about discounts is that most credits do not apply to the entire cost. Some only reduce individual premiums such as comprehensive or collision. So despite the fact that it appears you can get free auto insurance, it's just not the way it works. But all discounts will lower your policy premiums.

Companies that may include most of the discounts above may include but are not limited to:

It's a good idea to ask every prospective company to apply every possible discount. Savings might not be offered on policies everywhere. If you would like to choose from a list of providers that offer discounts in Fort Collins, follow this link.

Finding more affordable insurance rates is pretty simple and can save money. You just have to take the time to compare rate quotes online from several insurance companies.

The providers in the list below can provide price comparisons in Colorado. If the list has multiple companies, we suggest you visit two to three different companies to get a more complete price comparison.

Lincoln MKX Insurance Price Estimates in Fort Collins, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKX 2WD $212 $492 $456 $28 $136 $1,324 $110
MKX AWD $186 $390 $426 $26 $128 $1,156 $96
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Estimates do not factor in the specific area where the vehicle is garaged which can increase or decrease premium rates noticeably.

Policy deductibles

The hardest decision when buying coverage is which comprehensive and collision deductibles to buy. The following insurance rates sum up how much more you'll pay when you choose different comp and collision deductibles. The first table uses a $100 deductible for comp and collision and the second price chart uses a $1,000 deductible.

Lincoln MKX insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKX 2WD $302 $644 $352 $20 $106 $1,449 $121
MKX AWD $342 $644 $352 $20 $106 $1,489 $124
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Lincoln MKX insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKX 2WD $168 $340 $352 $20 $106 $986 $82
MKX AWD $190 $340 $352 $20 $106 $1,008 $84
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Rate quotes do not factor in specific Fort Collins garaging location which can increase or decrease auto insurance rates greatly.

Based on the figures above, using a $100 deductible costs approximately $40 more each month or $480 for a full year than buying the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at a minimum 23 months between claims, you would probably come out ahead if you elect the higher deductible.

How do Insurance Companies Determine Lincoln MKX Insurance Rates?

Lots of things are considered when you get a price on insurance. Some are obvious like a motor vehicle report, but other factors are less apparent such as whether you are married or how safe your car is. Smart consumers have a good feel for the different types of things that aid in calculating the rates you pay for insurance. When you know what positively or negatively positively or negatively impacts your premiums, this allows you to make educated decisions that can help you get lower premium levels.

The items below are a few of the things utilized by car insurance companies to help set premiums.

Better rates for uninterrupted coverage - Allowing your insurance policy to lapse will be a sure-fire way to drive up your policy premiums. In addition to paying higher premiums, getting caught without coverage could earn you a license revocation or jail time.

Extra policy coverages can cost a lot - There are quite a few optional add-on coverages that may not really be needed if you aren't diligent. Coverages for personal injury protection, death and dismemberment, and term life insurance are probably not needed. They may seem like a good idea when you first buy your policy, but if you've never needed them in the past eliminate them to save money.

Bump up coverage deductibles to lower rates - Comprehensive and collision coverage deductibles are how much you are willing to pay out-of-pocket in the event of a claim. Insurance for physical damage, also called comprehensive and collision insurance, protects your car from damage. A few examples of covered claims would be a windshield broken by a bird, damage from fire, and damage from wind. The higher the amount you choose to pay out-of-pocket, the better rate you will receive.

Teen drivers pay higher rates - Youthful drivers in Colorado tend to be inattentive when behind the wheel therefore insurance rates are much higher. Parents adding a inexperienced driver to your policy can be very expensive. More mature drivers have been proven to be more responsible, cost insurance companies less in claims, and tend to be get fewer driving tickets.

Lincoln MKX insurance loss data - Car insurance companies use data from past claims to calculate a rate that will offset any claims. Vehicles that tend to have increased losses will have a higher cost to insure.

The data below shows the collected loss data for Lincoln MKX vehicles. For each insurance policy coverage type, the claim amount for all vehiclescombined as an average is a value of 100. Values below 100 are indicative of better than average losses, while values that are 100 or greater indicate a higher chance of having a claim or tendancy to have larger claims.

Car Insurance Loss Data for Lincoln MKX Models

Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Lincoln MKX 4dr 2WD 77 80 67 66 81 78
Lincoln MKX 4dr 4WD 86 91 92 76 79 87
BETTER
AVERAGE
WORSE

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Which is the best car insurance?

Always keep in mind that when comparing a policy, there really isn't a "perfect" insurance plan. You are unique.

Here are some questions about coverages that may help you determine if your situation may require specific advice.

If you're not sure about those questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form. It only takes a few minutes and may give you better protection.

Insurance agencies can give valuable advice

Many people just want to sit down and talk to an agent and we recommend doing that Experienced insurance agents can help determine the best coverages and help you file claims. An additional benefit of comparing insurance prices online is that you can obtain cheap auto insurance rates but still work with a licensed agent. Buying insurance from neighborhood insurance agencies is still important in Fort Collins.

Fort Collins insurance agentsTo help locate an agent, after submitting this simple form, the coverage information is sent to participating agents in Fort Collins that give free quotes for your auto insurance coverage. You won't need to leave your house due to the fact that quote results will go immediately to your email address. In the event you want to compare prices from a specific auto insurance provider, you can always visit that company's website and fill out their quote form.

If you want to buy auto insurance from a reliable insurance agent, it's helpful to know the types of insurance agents and how they can quote your rates. Insurance agencies in Fort Collins are considered either independent (non-exclusive) or exclusive. Both types of agents can provide auto insurance policies, but we need to point out why they differ because it can factor into the selection process.

Independent Auto Insurance Agents (or Brokers)

Independent agents can quote rates with many companies so as a result can place your coverage through many different auto insurance companies and find you cheaper rates. If they find a cheaper price, they simply switch companies in-house and the insured can keep the same agent. If you are comparing rate quotes, you will want to check rates from at a minimum one independent agency to maximize your price options. Most also write with small regional insurance companies which may have better rates.

Listed below are independent insurance agencies in Fort Collins who may be able to give you pricing information.

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Exclusive Insurance Agents

Agents in the exclusive channel can only place business with one company like State Farm, AAA, and Liberty Mutual. Exclusive agents cannot compare rates from other companies so if the price isn't competitive there isn't much they can do. Exclusive agents receive extensive training on their company's products which helps them compete with independent agents. Consumers often buy from exclusive agents mainly due to the brand legacy rather than having low rates.

Listed below is a list of exclusive agencies in Fort Collins who can help you get price quote information.

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Picking the best insurance agency requires you to look at more than just a cheap price quote. These are some questions you should get answers to.

After getting good answers for all questions you ask and a good coverage price, you may have found an auto insurance agent that can be relied on to properly service your auto insurance policy. Just remember consumers can terminate coverage at any time so don't think you are locked into a specific agent indefinitely.

Choosing the best Lincoln MKX insurance in Colorado is an important decision

Even though it can be expensive, maintaining insurance serves an important purpose.

First, almost all states have compulsory liability insurance requirements which means you are required to buy a specific level of liability if you want to drive legally. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if you took out a loan on your car, almost all lenders will stipulate that you have full coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your Lincoln at an extremely high rate and require you to pay the higher price.

Third, insurance protects both your car and your personal assets. It will also provide coverage for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability coverage will also pay for a defense attorney if you are sued as the result of an accident. If you have damage to your Lincoln as the result of the weather or an accident, collision and comprehensive coverages will pay to have it repaired.

The benefits of insuring your car outweigh the cost, particularly if you ever have a claim. The average driver in America overpays as much as $869 every year so it's important to compare rates at every policy renewal to ensure rates are competitive.

Persistent drivers can save

We just covered a lot of techniques to lower your Lincoln MKX insurance prices in Fort Collins. It's most important to understand that the more price quotes you have, the higher your chance of finding inexpensive Fort Collins car insurance quotes. You may even find the most savings is with the smaller companies.

As you go through the steps to switch your coverage, make sure you don't reduce coverage to reduce premium. In too many instances, an insured dropped collision coverage and learned later they didn't have enough coverage. The aim is to buy a smart amount of coverage at the lowest possible cost, but do not skimp to save money.

People change insurance companies for many reasons like not issuing a premium refund, lack of trust in their agent, denial of a claim or even being labeled a high risk driver. Regardless of your reason, finding the right insurance provider is easier than you think.

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