It’s easy to assume that car insurance companies don’t want you quoting rates from other companies. Drivers who compare rates once a year are inclined to switch companies because they have a good chance of finding a lower-priced policy. Surprisingly, a recent survey revealed that drivers who did price comparisons regularly saved $865 annually as compared to drivers who never shopped around for lower prices.
If finding the cheapest price for Lincoln MKT insurance is your objective, then understanding how to quote prices and compare insurance coverage can make it simple to find affordable coverage.
The best way we recommend to save money on Lincoln MKT insurance in Chandler is to annually compare prices from insurers that sell auto insurance in Arizona. This can be done by following these guidelines.
- First, try to understand the different coverages in a policy and the things you can control to prevent expensive coverage. Many risk factors that cause rate increases like speeding tickets, careless driving and a low credit score can be controlled by making minor driving habit or lifestyle changes. This article gives more information to help reduce prices and find discounts that you may qualify for.
- Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like Progressive and State Farm, while agents who are independent can quote rates from multiple insurance companies. View companies
- Third, compare the new quotes to your current policy to see if a cheaper price is available in Chandler. If you find a lower rate and buy the policy, make sure there is no lapse in coverage.
- Fourth, give notification to your agent or company of your intent to cancel your existing policy. Submit a down payment and signed policy application to the newly selected company. Immediately put the certificate verifying coverage in an easily accessible location.
An important part of this process is to compare identical deductibles and limits on every price quote and to quote with every insurance company. This helps ensure an accurate price comparison and a good representation of prices.
The fastest way that we advise to compare insurance rates from multiple companies takes advantage of the fact car insurance companies provide online access to provide you with free rate quotes. All you need to do is give the companies some data like whether you are single or married, if you are currently licensed, whether the vehicles are used for commuting, and the make and model of your vehicles. Your information is instantly sent to all major companies and they provide comparison quotes very quickly.
To find the cheapest Lincoln MKT insurance rates, click here and find out if you can get cheaper insurance in Chandler.
The auto insurance companies shown below offer price quotes in Arizona. If multiple companies are listed, we suggest you get rates from several of them in order to get a fair rate comparison.
Coverage analysis
The price information displayed below covers a range of rate quotes for Lincoln MKT models. Learning as much as possible about how premiums are calculated can assist in making decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKT 3.7 2WD | $254 | $466 | $326 | $20 | $98 | $1,164 | $97 |
| MKT 3.7 AWD | $278 | $538 | $326 | $20 | $98 | $1,260 | $105 |
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Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price information does not factor in specific location information which can lower or raise premium rates noticeably.
Higher deductibles lower rates
A question often asked by Chandler drivers is how high should the physical damage deductibles be. The premium rates below may aid in understanding the price difference when you choose different physical damage coverage deductibles. The first data table uses a $250 deductible for physical damage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKT 3.7 2WD | $292 | $460 | $338 | $20 | $102 | $1,237 | $103 |
| MKT 3.7 AWD | $322 | $530 | $338 | $20 | $102 | $1,337 | $111 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKT 3.7 2WD | $180 | $290 | $338 | $20 | $102 | $930 | $78 |
| MKT 3.7 AWD | $198 | $334 | $338 | $20 | $102 | $992 | $83 |
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Price estimates do not factor in vehicle garaging location which can alter auto insurance rates greatly.
We can estimate from the data above that using a $250 deductible costs roughly $26 more each month or $312 every year than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 29 months between claims, you would probably come out ahead if you choose the higher deductible. The table below illustrates how you can come to your own conclusion.
| Average monthly premium for $250 deductibles: | $107 |
| Average monthly premium for $1,000 deductibles (subtract): | – $81 |
| Monthly savings from raising deductible: | $26 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $26 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 29 months |
An important sidenote is that increasing deductibles to lower your rates results in having to pay to pay more out-of-pocket when you have a comprehensive or collision claim. You should have some funds available in the event you have to pay the higher deductible.
Bad driving habits will cost you more
The chart below shows how speeding tickets and at-fault accidents can drive up Lincoln MKT car insurance costs for different insured age categories. The information is based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no additional discounts are factored in.
Cost of full coverage in Chandler
The information below compares Lincoln MKT auto insurance rates with full physical damage coverage compared to only buying liability only. The premium estimates are based on no claims, a clean driving record, $100 deductibles, single status, and no discounts are applied to the premium.
Guidelines for dropping full coverage
There isn’t a steadfast formula to eliminate full coverage on your policy, but there is a general school of thought. If the annual cost of having full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.
For example, let’s assume your Lincoln MKT book value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $2,000 after the deductible is paid. If it’s costing you more than $200 a year for physical damage coverage, then you may want to consider only buying liability coverage.
There are some scenarios where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not remove full coverage.
When to contact an insurance agency
Some people just prefer to have an agent’s advice and that is just fine! Professional insurance agents can help you choose the best coverages and help you file claims. One of the benefits of getting free rate quotes online is the fact that you can find cheap insurance rates and still have an agent to talk to.
By using this simple form, your coverage information is sent to companies in Chandler who can give free rate quotes for your insurance coverage. There is no reason to contact any agents since price quotes are sent to your email. If you need to compare rates from a specific insurance provider, don’t hesitate to jump over to their website and complete a quote there.
Picking the best company should include more criteria than just the premium amount. These are some questions your agent should answer.
- Will you work with the agent or an assistant?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- By raising physical damage deductibles, how much would you save?
- Is every driver in your family covered?
- How does the company pay claims for a total loss?
- Are they full-time agents?
- Is there a local claims center in Chandler?
Pick the best auto insurance agent in Chandler for you
If you would like to find a reliable insurance agency, it helps to know the two types of agencies that you can select. Insurance agents in Chandler are classified as either independent or exclusive depending on the company they work for. Both types can provide insurance policies, but it is a good idea to know how they differ because it can influence which type of agent you select.
Exclusive Insurance Agencies
Exclusive agents are contracted to one company such as Allstate, AAA, Farmers Insurance, and State Farm. Exclusive agencies are unable to provide other company’s prices so they really need to provide good service. Exclusive agents are usually well trained on their company’s products and that enables them to sell even at higher rates. Some consumers prefer to buy from the same agent for years partially due to the prominence of the brand and the convenience of having all coverages with one company.
Listed below is a short list of exclusive agents in Chandler who can help you get price quote information.
- State Farm: Tara Poaletti
300 N Gila Springs Blvd #150 – Chandler, AZ 85226 – (480) 659-5263 – View Map - State Farm: Debbie Wiltse
4980 S Alma School Rd #A6 – Chandler, AZ 85248 – (480) 792-9468 – View Map - Farmers Insurance – Brett Thomas
4040 S Arizona Ave #14 – Chandler, AZ 85248 – (480) 666-7996 – View Map
Independent Insurance Agents
Agents of this type do not write with just one company so as a result can place your coverage through many different insurance companies and find you cheaper rates. To move your coverage to a new company, they simply switch companies in-house and you don’t have to find a new agent. When comparison shopping, it’s recommended you get quotes from a few independent agents to get the most accurate price comparison. Most have the option of insuring with small mutual carriers that may provide cheaper insurance rates.
Listed below is a list of independent agencies in Chandler that can give you comparison quotes.
- Nationwide – Daniel McLean Kendree AGENCY
1005 S Arizona Ave – Chandler, AZ 85286 – (480) 857-0056 – View Map - Parrish Insurance
1256 W Chandler Blvd # G – Chandler, AZ 85224 – (480) 821-1005 – View Map - Arizona Insurance Guys
3414 W Oakland St – Chandler, AZ 85226 – (480) 331-6408 – View Map
After talking to the agent and getting answers to your satisfaction in addition to an acceptable price estimate, you may have just found a car insurance agent that is reliable enough to insure your vehicles. Just be aware that it’s your coverage and you can terminate coverage at any point so don’t think you are locked into any specific agency for the full term.
Ratings for Chandler car insurance companies
Finding a high-quality car insurance company can be difficult considering how many companies sell insurance in Arizona. The ranking information in the next section can help you choose which companies to look at comparing price quotes from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
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Data Source: Insure.com Best Car Insurance Companies