Cheapest Insurance for a Lincoln MKS in Colorado Springs

Discount Lincoln MKS insuranceIf saving money is your primary concern, then the best way to find cheaper prices for Lincoln MKS insurance in Colorado Springs is to begin comparing prices regularly from insurance carriers who can sell car insurance in Colorado.

A good tip to remember is to compare identical coverages on every quote and to quote with as many companies as you can. This helps ensure an accurate price comparison and a good representation of prices.

Unbelievable but true, 70% of consumers renewed their policy with the same company for at least the last four years, and just short of a majority have never shopped around. Many drivers in the United States could save almost $860 each year just by comparing rates, but they don’t know the amount of money they would save if they switched to a cheaper policy.

The goal of this article is to teach you a little about the best way to quote coverages and some tips to save money. If you currently have a car insurance policy, you will most likely be able to get lower rates using the concepts you’re about to learn. You just need to use the tricks to compare rate quotes using one simple form.

Compare free Colorado Springs Lincoln MKS insurance rate quotes

The companies shown below provide price comparisons in Colorado Springs, CO. To locate cheaper auto insurance in Colorado Springs, CO, it’s highly recommended you visit two to three different companies to get the lowest price.

Car insurance policy discounts for Lincoln MKS insurance in Colorado Springs

Car insurance is not cheap nor is it fun to buy but you may find discounts that you may not know about. Some of these discounts will be visible at the time you complete a quote, but some may not be applied and must be specifically requested prior to getting the savings. If you are not receiving all the discounts available, you are paying more than you should be.Save money with discounts

While discounts sound great, it’s important to understand that many deductions do not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like liability, collision or medical payments. So even though it sounds like all the discounts add up to a free policy, that’s just not realistic.

The information below visualizes the comparison of Lincoln MKS car insurance costs with and without discounts being applied to the rates. The costs are based on a male driver, no tickets, no at-fault accidents, Colorado state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, safe-driver, multi-policy, multi-car, and marriage discounts applied.

To locate insurers that offer multiple discounts in Colorado, click this link.

Insurance rate breakdown

The rate information displayed below showcases a range of policy rates for Lincoln MKS models. Learning a little about how rates are figured can be valuable when making smart choices when purchasing an auto insurance policy.

Lincoln MKS Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $422 $910 $404 $24 $120 $1,880 $157
MKS 4-Dr Sedan $422 $910 $404 $24 $120 $1,880 $157
MKS Ecoboost AWD 4-Dr Sedan $466 $1030 $404 $24 $120 $2,044 $170
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Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Estimates do not factor in specific location which can lower or raise price quotes significantly.

Rate comparison for different deductibles

The hardest decision when buying coverage is which comprehensive and collision deductibles to buy. The rates below outline the rate differences between high and low coverage deductibles. The first data table uses a $100 physical damage deductible and the second pricing table uses a $1,000 deductible.

Lincoln MKS insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $380 $740 $298 $18 $90 $1,551 $129
MKS 4-Dr Sedan $380 $740 $298 $18 $90 $1,551 $129
MKS Ecoboost AWD 4-Dr Sedan $420 $838 $298 $18 $90 $1,689 $141
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Lincoln MKS insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $210 $390 $298 $18 $90 $1,006 $84
MKS 4-Dr Sedan $210 $390 $298 $18 $90 $1,006 $84
MKS Ecoboost AWD 4-Dr Sedan $232 $442 $298 $18 $90 $1,080 $90
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Price estimates do not factor in the specific area where the vehicle is garaged which can change insurance rates considerably.

Based on this data, using a $100 deductible will cost you roughly $47 more each month or $564 every year than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you have more than 19 months between claims, you would save more money if you elect the higher deductible.

The diagram below demonstrates how deductible levels and can change Lincoln MKS insurance prices for each age group. The price estimates are based on a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.

Car insurance premiums by gender

The chart below illustrates the difference between Lincoln MKS insurance costs for male and female drivers. The premiums are based on no claims or driving violations, comp and collision included, $250 deductibles, marital status is single, and no discounts are applied.

Neighborhood agents and insurance

Certain consumers still like to sit down with an agent and we recommend doing that Agents can help determine the best coverages and give you someone to call. The best thing about comparing insurance prices online is you may find cheap rate quotes and still choose a local agent. Buying from local agents is definitely important in Colorado Springs.

Insurance agents in Colorado SpringsAfter filling out this short form, the coverage information is sent to local insurance agents in Colorado Springs that can provide free Colorado Springs auto insurance quotes and help you find cheaper coverage. There is no need to do any legwork since price quotes are sent instantly to you. If for some reason you want to compare prices from a particular provider, you can always navigate to their website to submit a rate quote request.

Pick the best auto insurance agent in Colorado Springs for you

If you want a local Colorado Springs insurance agent, you must know there are a couple types of insurance agents and how they differ in how they quote coverages. Insurance agents can be classified as either independent agents or exclusive agents depending on their employer. Either one can insure your vehicles properly, but it is important to understand how they differ because it may have an impact on your selection of an agent.

Independent Insurance Agents

Agents of this type are not employed by one company so they can write business through many companies and help determine which has the cheapest rates. To move your coverage to a new company, they simply switch companies in-house and you won’t have to switch agencies. When shopping rates, we recommend you contact at least one independent agent to have the best price comparison. Most also have access to different regional companies which can save you money.

Listed below are Colorado Springs independent agencies that can possibly get you pricing information.

More insurance agents

Exclusive Agents

Agents in the exclusive channel can only provide one company’s prices such as Allstate, State Farm and Farm Bureau. These agents are not able to provide rate quotes from other companies so they really need to provide good service. Exclusive agents are well trained on their products and sales techniques which aids in selling service over price. Consumers frequently purchase coverage from exclusives mostly because of the brand name and strong financial ratings.

Listed below are exclusive agents in Colorado Springs that can give you price quote information.

More insurance agents

Picking the best car insurance agent should depend on more than just a cheap quote. Below are some questions you should ask.

Do I need special coverages?

When it comes to insurance from an agent or online, there really is not a single plan that fits everyone. Everyone’s situation is a little different.Safe vehicles cost less to insure

For instance, these questions can aid in determining whether you might need an agent’s assistance.

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and can help protect your family.

The Lincoln MKS Insurance Rate Equation

Consumers need to have an understanding of the different types of things that aid in calculating your premiums. When you know what positively or negatively influences your rates, this empowers consumers to make smart changes that may result in lower premium levels.

The itemized list below are some of the factors utilized by car insurance companies to help set rates.

Insurance is not optional

Even though it can be expensive, insurance is required in Colorado but it also protects you in many ways.

First, most states have mandatory insurance requirements which means the state requires specific minimum amounts of liability insurance coverage in order to license the vehicle. 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 your car has a lienholder, most banks will have a requirement that you have insurance to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your Lincoln at an extremely high rate and require you to fork over the higher price.

Third, insurance preserves both your vehicle and your personal assets. Insurance will also pay for all forms of medical expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, your insurance policy will cover the damage repairs after a deductible is paid.

The benefits of having insurance greatly outweigh the cost, particularly if you ever have a claim. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $750 every year so it’s very important to do a rate comparison at every policy renewal to make sure the price is not too high.

Best auto insurance in Colorado Springs

Insuring your vehicle with the highest-rated auto insurance company can be difficult considering how many different insurance companies sell coverage in Colorado. The rank data listed below may help you decide which auto insurance companies to look at purchasing from.

Top 10 Colorado Springs Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. The General
  8. Titan Insurance
  9. Progressive
  10. Mercury Insurance

Smart shoppers get results

Cheaper insurance in Colorado Springs is definitely available on the web and with local Colorado Springs insurance agents, and you should compare rates from both in order to have the best price selection to choose from. A few companies may not offer rates over the internet and usually these smaller companies prefer to sell through local independent agents.

In this article, we presented some good ideas how you can find cheap Lincoln MKS insurance in Colorado Springs. The key concept to understand is the more quotes you get, the higher the chance of saving money. Drivers may even discover the lowest car insurance rates are with some of the smallest insurance companies.

Insureds who switch companies do it for a number of reasons such as questionable increases in premium, not issuing a premium refund, extreme rates for teen drivers or even high rates after DUI convictions. It doesn’t matter what your reason, finding the right insurance provider can be easier than you think.

Even more information can be read at these sites: