Car Insurance Rate Quotes for a Lincoln MKZ in Chandler

Do you want more competitive car insurance rates in Chandler, AZ? Chandler shoppers have lots of choices when shopping for low-cost Lincoln MKZ insurance. You can either waste hours contacting agents getting price quotes or save time using the internet to compare rates.

There is a better way to shop for car insurance and we’ll show you the quickest way to price shop coverage on a Lincoln and locate the cheapest rates from Chandler insurance agents and online providers.

The companies in the list below are ready to provide free rate quotes in Arizona. To buy cheap auto insurance in Arizona, it’s highly recommended you visit several of them to get a more complete price comparison.

Insurance coverage details

The coverage information shown next outlines a range of rate quotes for Lincoln MKZ models. Having insight into how auto insurance prices are figured can assist in making decisions when shopping around.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rate quotes do not factor in the specific area where the vehicle is garaged which can raise or lower premiums significantly.

How high should deductibles be?

The hardest decision when buying coverage is which deductibles should you choose. The premium rates below outline the cost difference when you choose different deductibles. The first rate table uses a $100 deductible and the second data table uses a $500 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Information does not factor in vehicle garaging location which can revise price quotes considerably.

Based on this data, we can arrive at the conclusion that using a $100 deductible would cost the average driver about $25 more each month or $300 annually than quoting the higher $500 deductible. Since the policyholder would be required to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you normally average more than 16 months between claim filings, you would most likely save money if you choose the higher deductible.

Should you buy full coverage?

The example below shows the comparison of Lincoln MKZ insurance costs with full physical damage coverage compared to only buying liability only. The prices are based on no claims or driving citations, $100 deductibles, single marital status, and no additional discounts are factored in.

Are you wasting money paying for full coverage?

There is no definitive guideline to delete physical damage insurance, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.

For example, let’s say your Lincoln MKZ claim settlement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after the policy deductible has been paid. If you are paying in excess of $500 annually for full coverage, then it might be time to consider dropping full coverage.

There are a few situations where removing full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage.

Insurance is not optional in Arizona

Even though it can be expensive, maintaining insurance may be required and benefits you in several ways.

First, almost all states have minimum mandated liability insurance limits which means you are required to carry specific minimum amounts of liability if you want to drive legally. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your Lincoln MKZ, it’s most likely the lender will have a requirement that you have insurance to guarantee payment of the loan. If you let the policy lapse, the bank may buy a policy for your Lincoln at a more expensive rate and force you to pay much more than you were paying before.

Third, insurance safeguards both your assets and your Lincoln MKZ. It will also provide coverage for hospital and medical expenses for you, any passengers, and anyone injured in an accident. Liability insurance will also pay for a defense attorney if someone files suit against you as the result of an accident. If your Lincoln gets damaged, your policy will pay to restore your vehicle to like-new condition.

The benefits of having insurance are without a doubt worth the cost, especially for larger claims. As of last year, the average driver in Arizona is overpaying over $800 each year so you should quote rates every year to be sure current rates are still competitive.

Insurance Cost Influencing Factors

Many different elements are considered when premium rates are determined. Most are fairly basic such as traffic violations, but other criteria are not quite as obvious such as your marital status or your commute time.

• Demanding vocation may mean higher rates – Jobs such as fire fighters, air traffic controllers, and financial analysts usually pay higher premiums than the average policyholder because of job stress and long work hours. On the other hand, careers like scientists, engineers and homemakers receive lower rates.
• Get hitched and pay less – Your spouse helps lower the price on your policy. Marriage may mean you are more mature than a single person and statistics show drivers who are married are more cautious.

• Older drivers are lower risk – Teenage drivers in Arizona have been known to be more careless with other occupants in the car so they pay higher auto insurance rates. Adding a young driver to your policy can cause a big jump in price. Older drivers are more cautious drivers, statistically cause fewer accidents, and tend to be get fewer driving tickets.

  The next chart is based on a single driver, full coverage with $250 deductibles, and no discounts or violations.

• Stay claim-free and save – Insurance companies in Arizona award lower rates to people that do not abuse their auto insurance. If you file claims often, you can definitely plan on higher premiums or even policy non-renewal. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.

• Tickets and citations cost more than a fine – How you drive has a lot to do with how much you pay for insurance. Only having one ticket can increase rates twenty percent or more. Attentive drivers tend to pay less for car insurance than people who have multiple driving citations. Drivers unfortunate enough to have careless tickets such as reckless driving or DUI may find that they have to to prove financial responsibility with their state’s department of motor vehicles in order to prevent their license from being revoked.

  The chart below illustrates how speeding tickets and accident claims can influence Lincoln MKZ insurance prices for each age group. The premiums assume a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied to the premium.

• Keep the miles off and save – Driving more miles in a year the more you’ll pay to insure your vehicle. Many insurance companies calculate prices based upon how the vehicle is primarily used. Vehicles that have low annual miles receive better premium rates than cars that get driven a lot. Verify your auto insurance policy is rated on the correct usage for each vehicle. An incorrectly rated MKZ can result in significantly higher rates.
• Better auto insurance rates on vehicles with better crash test results – Cars with high safety ratings are cheaper to insure. The safest vehicles reduce occupant injuries and reduced instances of injuries translates directly to fewer claims passed on to you as lower rates.

• Lincoln MKZ insurance loss data – Insurance companies analyze historical claim data as a tool for profitable underwriting. Models that the data shows to have high amounts or severity of claims will have increased rates.

  The information below illustrates the actual insurance loss data for Lincoln MKZ vehicles. For each type of coverage, the statistical loss for all vehicles averaged together is equal to 100. Numbers that are below 100 suggest a positive loss record, while values that are above 100 indicate more frequent losses or a tendency for losses to be larger than average.

  
  

  Lincoln MKZ Insurance Loss Statistics

  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

  BETTER

  AVERAGE

  WORSE

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

Tailor your auto insurance coverage to you

When choosing coverage for your vehicles, there is no “perfect” insurance plan. Everyone’s situation is unique.

For instance, these questions can aid in determining whether or not you would benefit from professional advice.

• Can my teen driver be rated on a liability-only vehicle?
• Am I better off with higher deductibles on my Lincoln MKZ?
• Does my Lincoln MKZ need full coverage?
• Is there coverage for injuries to my pets?
• Will I be non-renewed for getting a DUI or other conviction?
• How much liability insurance is required?
• Should I rate my Lincoln MKZ as pleasure use or commute?
• If my Lincoln MKZ is totaled, can I afford another vehicle?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance company ratings

Insuring your vehicle with a good quality insurance company can be challenging considering how many different insurance companies sell coverage in Arizona. The company information displayed below can help you decide which insurers you want to consider comparing rate quotes with.

Top 10 Chandler Car Insurance Companies Ranked by Value

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

Top 10 Chandler 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

Get the best coverage at the best price

Drivers switch companies for many reasons like an unsatisfactory settlement offer, policy non-renewal, denial of a claim or extreme rates for teen drivers. No matter why you want to switch, finding a new company is pretty simple and you could end up saving a buck or two.

We’ve covered quite a bit of information on how to get a better price on Lincoln MKZ insurance in Chandler. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from an unexpected company.

Budget-friendly auto insurance in Chandler can be bought from both online companies as well as from independent agents in Chandler, and you need to price shop both in order to have the best chance of saving money. Some companies do not provide internet price quotes and usually these regional carriers prefer to sell through independent agents.

How to find low-cost rates for Lincoln MKZ insurance in Chandler

If you want to save money, the best way to find more affordable Lincoln MKZ insurance in Chandler is to regularly compare prices from providers in Arizona. Prices can be compared by completing these steps.

1. Gain an understanding of how companies price auto insurance and the things you can change to prevent expensive coverage. Many factors that increase rates like high-risk driving behaviors and poor credit can be eliminated by paying attention to minor details.
2. Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give prices from a single company like Progressive or State Farm, while independent agents can provide rate quotes for many different companies. Find a Chandler insurance agent
3. Compare the new rates to your existing rates to see if a cheaper price is available in Chandler. If you can save some money and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.

A good piece of advice is to use the same liability limits and deductibles on each quote and and to compare as many car insurance companies as possible. This ensures a level playing field and the best price selection.

Even more information is located in the articles below:

• How to Avoid Buying a Flooded Car (Insurance Information Institute)
• Who Has Affordable Car Insurance Quotes for Nurses in Chandler? (FAQ)
• Who Has Affordable Auto Insurance Rates for Safe Drivers in Chandler? (FAQ)
• Who Has Affordable Chandler Auto Insurance for Uber Drivers? (FAQ)
• Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
• All About Airbag Safety (State Farm)
• Teen Driver Statistics (Insurance Information Institute)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)