Best Quotes for Lincoln MKZ Insurance in Philadelphia

Insurance rates Lincoln MKZ in PhiladelphiaIf you’re shopping for more affordable insurance online, are you baffled by the sheer number of car insurance sources available to you? Pennsylvania people have so many options that it can quickly become a big hassle to find better rates for Lincoln MKZ insurance in Philadelphia. Everyone knows Philadelphia is a wonderful place to live, but inflated car insurance rates can make it impossible to be able to afford adequate coverage.

Remarkably, a study showed that most car insurance customers have remained with the same car insurance company for more than four years, and approximately 38% of consumers have never compared rates with other companies. Most drivers in Pennsylvania could save up to $690 a year, but they won’t spend time to shop their coverage around.

If you currently have a car insurance policy, you will definitely be able to get lower rates using the ideas covered in this article. Buying affordable policy in Philadelphia is actually quite simple. But Pennsylvania consumers need to learn the way insurance companies determine what you pay and use it to your advantage.

Save money by taking advantage of discounts

Companies do not list every policy discount in an easy-to-find place, so the following list contains both well-publicized and the more hidden credits that you can use to lower your rates.

Don’t be shocked that some of the credits will not apply to the entire cost. The majority will only reduce the cost of specific coverages such as medical payments or collision. So even though you would think all the discounts add up to a free policy, that’s just not realistic.

The diagram below visualizes the comparison of Lincoln MKZ car insurance rates with and without discounts applied to the policy rates. The premium estimates are based on a male driver, no violations or accidents, Pennsylvania state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-policy, multi-car, homeowner, and safe-driver discounts applied.

Auto insurance companies who might offer most of these discounts are:

It’s a good idea to ask each insurance company which discounts you qualify for. Some of the earlier mentioned discounts might not be offered on policies in your area.

When shopping for cheaper Philadelphia car insurance quotes, there are a couple of ways of comparing rates from lots of Pennsylvania insurance companies. The recommended way to comparison shop consists of shopping online. When comparing insurance rates, know that comparing more prices will enable you to find a lower rate. Not every company does rate quotes online, so you also need to get prices from them as well.

The following companies offer free rate quotes in Pennsylvania. If multiple companies are shown, we suggest you get price quotes from several of them in order to get a fair rate comparison.

Insurance coverage analysis

The information shown below covers a range of policy rates for Lincoln MKZ models. Being aware of how insurance rates are established can help drivers make decisions when shopping your coverage around.

Lincoln MKZ Insurance Rates in Philadelphia, PA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKZ 4-Dr Sedan $260 $576 $502 $30 $150 $1,518 $127
MKZ AWD 4-Dr Sedan $260 $576 $502 $30 $150 $1,518 $127
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Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Prices do not factor in vehicle garaging location which can change premium rates substantially.

An analysis of deductible level

One of the hardest decisions when shopping for auto insurance is how high should the physical damage coverage deductibles be. The following tables can help show the cost difference when you buy lower versus higher deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second price chart uses a $500 deductible.

Lincoln MKZ insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKZ 4-Dr Sedan $288 $582 $372 $22 $112 $1,401 $117
MKZ AWD 4-Dr Sedan $288 $582 $372 $22 $112 $1,401 $117
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Lincoln MKZ insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKZ 4-Dr Sedan $234 $468 $372 $22 $112 $1,208 $101
MKZ AWD 4-Dr Sedan $234 $468 $372 $22 $112 $1,208 $101
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Premium amounts do not factor in specific Philadelphia garaging location which can revise coverage prices considerably.

Based on these figures, using a $250 deductible costs about $16 more each month or $192 every year across all Lincoln MKZ models than choosing the higher $500 deductible. Because you would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to average more than 16 months between claims, you would probably be better off if you decide on a higher deductible. The numbers below show a better example of how this decision is made.

Average monthly premium for $250 deductibles: $117
Average monthly premium for $500 deductibles (subtract): – $101
Monthly savings from raising deductible: $16
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $16
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

One important caveat is that a higher deductible results in more money out-of-pocket when you have a comprehensive or collision claim. That will force you to have some savings in order to pay the deductible to have repairs made.

Drive safe and save

The chart below illustrates how violations and accidents can influence Lincoln MKZ car insurance costs for each different age category. The information is based on a single female driver, full coverage, $250 deductibles, and no other discounts are factored in.

Informed Consumers Know How to Buy Auto Insurance More Affordably

Lots of things are used in the calculation when you get a price on insurance. Some are pretty understandable like an MVR report, but other criteria are more obscure like your continuous coverage or your commute time. One of the most helpful ways to save on auto insurance is to to have a grasp of some of the elements that help determine auto insurance rates. When you know what positively or negatively determines premiums, this empowers consumers to make smart changes that could help you find much lower annual insurance costs.

Vehicle theft costs us all – Purchasing a vehicle with a theft deterrent system can help lower your rates. Anti-theft features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop car theft.

Where you live factors in – Living in less populated areas can save you money when shopping for auto insurance. Lower population means less chance of accidents and also fewer theft and vandalism claims. Drivers in populated Pennsylvania areas regularly have traffic congestion and more severe claims. More time on the road can result in more accidents.

Your occupation and auto insurance rates – Careers such as lawyers, social workers, and miners are shown to have higher premium rates due to intense work requirements and extremely grueling work hours. Conversely, jobs like farmers, athletes and retirees generally pay rates lower than average.

Do you really need the extra policy coverages? – Policies have optional add-on coverages that sound like a good idea at the time if you don’t pay attention. Coverages like coverage for rental cars, high-cost glass coverage, and additional equipment coverage may be wasting your money. The coverages may be enticing when buying your policy, but now you might not need them so remove them and pocket the money.

Insurance is expensive for teenage drivers – Beginning drivers in Pennsylvania are proven to be careless and easily distracted in a vehicle therefore auto insurance rates are much higher. Parents adding a teenage driver to your policy can break the bank. More experienced drivers are proven to be safer behind the wheel, file fewer claims, and tend to be get fewer driving tickets.

The next chart is based on a single driver, full coverage with $500 deductibles, and no discounts or violations.

Insurance losses for a Lincoln MKZ – Companies use claims history to help set a rate to offset losses. Vehicles that tend to have increased losses will have higher premium rates. The table below demonstrates the collected loss data for Lincoln MKZ vehicles.

For each policy coverage type, the statistical loss for all vehicles as a whole is equal to 100. Numbers that are below 100 suggest a better than average loss history, while values that are 100 or greater show a trend for more claims or tendency to have higher losses.

Lincoln MKZ Insurance Loss Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Lincoln MKZ 4dr 2WD 137 85 107 95 89 75
Lincoln MKZ 4dr 4WD 140 82 126 99
Lincoln MKZ Hybrid 4dr 148 84 100 74 82 76

Empty fields indicate not enough data collected
Statistics from for 2013-2015 Model Years

It’s not one size fits all

When it comes to buying coverage for your personal vehicles, there really isn’t a one size fits all plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions might help in determining if you will benefit from professional help.

If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Getting quotes from local Philadelphia insurance agencies

Certain consumers just prefer to buy from a licensed agent and often times that is recommended One of the benefits of getting online price quotes is that you can find the best rates and still have an agent to talk to. And supporting local agents is important particularly in Philadelphia.

Once you complete this short form, your insurance coverage information gets sent to companies in Philadelphia who will gladly provide quotes to get your business. It makes it easy because there is no need to find an agent on your own since price quotes are sent immediately to your email address. You can find better rates and an insurance agent to talk to. In the event you want to get a rate quote from a specific auto insurance provider, you just need to jump over to their website and give them your coverage information.

If you are searching for an insurance agent, there are a couple of different types of agents that differ in how they can insure your vehicles. Auto insurance agencies are considered either exclusive or independent (non-exclusive).

Independent Auto Insurance Agencies or Brokers

Agents in the independent channel are normally appointed by many insurers so they can insure your vehicles through lots of different companies and potentially find a lower price. To move your coverage to a new company, they simply move the coverage in-house which is easy for the insured. When comparing auto insurance prices, it’s a good idea to include independent agents to get the best comparison. Many independent agencies also insure through less well-known companies which could offer lower prices.

Shown below are independent agents in Philadelphia that may be able to give free auto insurance quotes.

More insurance agents

Exclusive Auto Insurance Agents

These type of agents normally can only provide a single company’s rates like AAA, Allstate, State Farm, or Farmers Insurance. These agents are unable to compare rates from other companies so it’s a take it or leave it situation. Exclusive agents are well schooled on the products they sell which aids in selling service over price. Consumers often buy insurance from these agents mostly because of the brand legacy and solid financial strength.

The following is a list of exclusive agencies in Philadelphia who can help you get comparison quotes.

More insurance agents

Deciding on an insurance agent requires more thought than just the price. The questions below may impact your decision as well.

Why you need to buy insurance

Despite the potentially high cost of Lincoln MKZ insurance, insurance is required by state law in Pennsylvania and it also provides benefits you may not be aware of.

The benefits of buying insurance definitely exceed the cost, particularly when you have a large claim. As of last year, the average driver in Pennsylvania overpays as much as $800 each year so it’s important to compare rates at every policy renewal to ensure rates are inline.

Don’t give up on cheaper rates

When shopping online for auto insurance, it’s not a good idea to sacrifice coverage to reduce premiums. There are a lot of situations where someone dropped full coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy the best coverage you can find at the best cost, but don’t skip important coverages to save money.

Low-cost Lincoln MKZ insurance in Philadelphia is attainable from both online companies and from local agencies, and you need to comparison shop both to get a complete price analysis. Some insurance companies do not provide the ability to get quotes online and most of the time these small, regional companies prefer to sell through independent insurance agents.

In this article, we presented quite a bit of information on how to shop for Lincoln MKZ insurance online. It’s most important to understand that the more you quote Philadelphia car insurance, the better your chances of lowering your premium rates. You may even be surprised to find that the lowest priced auto insurance comes from a small mutual company. These companies may only write in your state and offer lower premium rates compared to the large companies like State Farm or Progressive.

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