Searching for more competitive Lincoln MKC insurance in Tampa? Did a good deal turn out to be an expensive car insurance policy? Trust us, there are lots of Tampa residents who feel the same.
It’s an obvious statement that insurance companies don’t want you shop around. Drivers who compare price quotes are likely to buy a new policy because they have a good chance of finding a lower-priced policy. A survey found that drivers who shopped around saved on average $70 a month compared to people who never shopped around for better prices.
If finding the cheapest rates on insurance is the reason you’re here, then understanding how to quote prices and compare auto insurance can save money and time.
How to quote cheaper Lincoln MKC insurance in Tampa
The recommended way to find better pricing on car insurance rates in Tampa is to start comparing rates regularly from insurance carriers in Florida. Prices can be compared by following these guidelines.
- Read and learn about individual coverages and the things you can control to keep rates down. Many policy risk factors that cause high rates like accidents, traffic tickets, and poor credit can be rectified by being financially responsible and driving safely.
- Compare price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO or State Farm, while independent agents can provide rate quotes for many different companies.
- Compare the quotes to the premium of your current policy to see if a cheaper price is available in Tampa. If you find a better price and buy the policy, ensure there is no coverage lapse between policies.
- Provide written notification to your current company of your intent to cancel the current policy. Submit a down payment along with a completed application for your new policy. Immediately upon receiving it, put the proof of insurance certificate along with your vehicle registration.
The most important part of this process is to compare the same amount of coverage on every quote request and to quote with as many car insurance companies as possible. Doing this enables a fair rate comparison and the most accurate and complete price analysis.
People have multiple car insurance companies to buy insurance from, and although it’s nice to have multiple companies, too many choices makes it more difficult to find the lowest rates for Lincoln MKC insurance in Tampa.
Consumers should take time to do price comparisons periodically because car insurance prices change quite often. Just because you found the best deal on Lincoln MKC insurance in Tampa last year you may be paying too much now. Forget anything you know (or think you know) about car insurance because you’re about to find out one of the quickest ways to find great coverage at a great price.
The companies shown below are ready to provide price quotes in Florida. If your goal is to find cheap car insurance in Tampa, it’s a good idea that you click on several of them to get the best price comparison.
Protect your Lincoln MKC and other assets
Despite the high cost, buying car insurance is not optional due to several reasons.
First, almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability coverage in order to be legal. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your car has a loan, more than likely the lender will make it mandatory that you carry insurance to protect their interest in the vehicle. If the policy lapses, the lender will be forced to insure your Lincoln for a much higher rate and make you pay for the expensive policy.
Third, car insurance preserves your car and your assets. Insurance will pay for medical bills for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if anyone sues you for causing an accident. If you have damage to your Lincoln as the result of the weather or an accident, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of insuring your MKC are definitely more than the cost, especially if you ever need it. According to a 2015 survey, the average American driver is currently overpaying as much as $865 each year so it’s very important to do a rate comparison at least once a year to be sure current rates are still competitive.
How Car Insurance Companies Determine Lincoln MKC Insurance Rates
A large part of saving on insurance is knowing some of the things that help calculate the rates you pay for insurance. If you know what influences your rates, this allows you to make good choices that could result in cheaper rates.
The factors shown below are most of the major factors used by companies to determine your rate level.
Responsible credit means lower prices – A driver’s credit score can be a huge factor in determining premium rates. Insureds with high credit ratings tend to be more responsible than those with bad credit. Therefore, if your credit is not that good, you could be paying less to insure your Lincoln MKC by improving your rating.
Pay less with a high safety rating – Vehicles with good safety scores can get you lower premiums. These vehicles reduce injuries and lower injury rates means less money paid by your insurance company and thus lower rates. If the Lincoln MKC is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may cost less to insure.
Guys are more aggressive – Statistics have proven women tend to be less risk to insure than men. It does not mean females are better at driving than males. They both tend to get into accidents at a similar rate, but the male of the species get into accidents with more damage. They also get more serious tickets like DUI and reckless driving.
Poor driving habits leads to higher rates – Your driving record influences premium rates substantially. Only having one citation can increase the cost of insurance by as much as twenty percent. Attentive drivers receive lower rates than their less careful counterparts. Drivers unfortunate enough to have careless citations like reckless driving or DUI may be required to submit a SR-22 form with their state’s department of motor vehicles in order to legally drive a vehicle.
Only buy coverage you need – Policies have additional extra coverages you can purchase on your MKC policy. Insurance for rental car reimbursement, death and dismemberment, and extra equipment coverage are examples of these. These coverages may sound good at first, but if you’ve never needed them in the past remove them from your policy.
Discounts for alarm systems – Owning a car with anti-theft technology or alarm system can help lower your premiums. Advanced theft deterrents such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent auto theft and help lower rates.
Your liability protection limits – Your policy’s liability coverage kicks in if ever you are responsible for personal injury or accident damage. This coverage provides you with a defense in court up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
Insurance loss probability for a Lincoln MKC – Companies use statistical claims data when they set coverage costs for each model. Vehicles that are shown to have higher prevalence or dollar amount of losses will have higher premium rates.
The table below illustrates the historical insurance loss data for Lincoln MKC vehicles. For each coverage category, the claim amount for all vehicles, regardless of make, model or trim level, is represented as 100. Values under 100 mean the vehicle has better than average losses, while values that are 100 or greater point to more claims or an increased likelihood of larger losses.
| Specific Lincoln Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Lincoln MKC 4dr 2WD | 97 | 76 | 69 | |||
| Lincoln MKC 4dr 4WD | 99 | 68 | 72 | 82 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Auto insurance can be complex
Keep in mind that when it comes to choosing the best auto insurance coverage, there isn’t really a “best” method to buy coverage. Every insured’s situation is different.
Here are some questions about coverages that may help you determine whether your personal situation would benefit from professional advice.
- Should I have combined single limit or split liability limits?
- Exactly who is provided coverage by my policy?
- Should I get collision insurance on every vehicle?
- Am I covered if I drive in a foreign country?
- Why am I be forced to buy a membership to get insurance from some companies?
- Do I need special endorsements for business use of my vehicle?
- Am I covered when driving a rental car?
If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, simply complete this short form. It is quick, free and may give you better protection.
Tampa car insurance companies ranked
Selecting a highly-rated car insurance company can be rather challenging considering how many choices drivers have in Florida. The ranking data below could help you decide which companies to look at when shopping your coverage around.
Top 10 Tampa Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
Top 10 Tampa Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Insurance savings summarized
People switch companies for a variety of reasons including policy non-renewal, policy cancellation, delays in paying claims and even lack of trust in their agent. No matter why you want to switch, choosing a new insurance company is actually quite simple.
Cheaper insurance in Tampa can be found from both online companies and from local insurance agents, and you should be comparing both so you have a total pricing picture. A few companies don’t offer rates over the internet and most of the time these small insurance companies only sell coverage through independent insurance agents.
We covered a lot of tips how to reduce Lincoln MKC insurance prices online in Tampa. It’s most important to understand that the more times you quote, the better your chances of lowering your rates. Drivers may even discover the most savings is with a lesser-known regional company.
How to save on Lincoln MKC insurance in Tampa
If you want to save the most money, the best way to save money on car insurance rates in Tampa is to compare prices regularly from insurers who sell auto insurance in Florida.
Step 1: Spend a few minutes and learn about policy coverages and the modifications you can make to prevent expensive coverage. Many risk factors that drive up the price such as accidents, careless driving, and a not-so-good credit history can be eliminated by making minor changes in your lifestyle.
Step 2: Request price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from a single company like Progressive and State Farm, while independent agents can provide rate quotes for a wide range of companies. Start a quote
Step 3: Compare the quotes to the price on your current policy to see if a cheaper price is available. If you can save money and switch companies, make sure coverage is continuous and does not lapse.
One thing to point out is to make sure you’re comparing identical deductibles and limits on every quote request and and to get rate quotes from as many car insurance companies as possible. This enables a fair rate comparison and many rates to choose from.
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