It takes a few minutes, but the best way to get low-cost auto insurance rates is to start comparing prices yearly from different companies that insure vehicles in Fort Worth. Rates can be compared by following these guidelines.
- Step 1: Learn about the different coverages in a policy and the factors you can control to prevent high rates. Many risk factors that drive up the price like careless driving and poor credit history can be controlled by making small lifestyle or driving habit changes.
- Step 2: Obtain price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO and State Farm, while independent agents can quote rates from multiple insurance companies.
- Step 3: Compare the quotes to your current policy to determine if switching companies saves money. If you find a lower rate, make sure there is no lapse in coverage.
A key point to remember is that you use the same liability limits and deductibles on each quote and and to get price estimates from all possible companies. Doing this enables an accurate price comparison and a complete selection of prices.
Shocking but true, nearly 70% of customers have bought auto insurance from the same company for well over three years, and nearly half have never shopped around. Many drivers in the United States could save roughly $850 each year just by getting comparison quotes, but they just don’t understand how much savings they would realize if they bought a different policy.
Most of the larger companies give insurance quotes directly from their websites. Getting Lincoln MKS insurance prices online is quite simple as you simply type in the amount of coverage you want as requested by the quote form. After you complete the form, the system sends out for reports for credit and driving violations and gives you a price quote determined by many factors.
Quoting online for Lincoln MKS insurance in Fort Worth makes it simple to compare prices and it is imperative to do this if you want to find the cheapest price possible.
To find out how much you can save on insurance, compare rate quotes from the providers shown below. To compare your current rates, we recommend you replicate the coverages identical to your current policy. This way, you will receive a fair comparison based on similar coverages.
The companies in the list below are our best choices to provide free rate quotes in Texas. If the list has multiple companies, it’s highly recommended you get prices from several of them in order to find the most competitive rates.
Determine discounts on Fort Worth auto insurance
Car insurance can cost a lot, but there may be some discounts that you may not even know about. Certain discounts will be applied when you purchase, but a few need to be asked about prior to receiving the credit.
- Driver Education Discount – Require your teen driver to successfully complete driver’s ed class in high school.
- Safety Restraint Discount – Forcing all vehicle occupants to buckle up before driving can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
- Onboard Data Collection – People who choose to allow their insurance company to study driving habits by installing a telematics device like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks as long as they are good drivers.
- Memberships – Belonging to certain professional organizations could qualify you for a break on your policy.
- Lower Rates for Military – Being on active duty in the military could qualify you for better premium rates.
- Accident Free – Insureds who avoid accidents and claims pay much less as opposed to drivers with a long claim history.
- Good Drivers – Drivers who avoid accidents can save up to 40% or more on their Fort Worth car insurance quote than drivers with accident claims.
As a disclaimer on discounts, some of the credits will not apply to the entire policy premium. Most cut individual premiums such as collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, you’re out of luck.
The chart below illustrates the difference between Lincoln MKS yearly insurance costs with and without discounts applied to the policy rates. The rate quotes are based on a female driver, no accidents, no driving violations, Texas state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, safe-driver, multi-car, multi-policy, and homeowner discounts applied.
A few of the larger companies and some of the discounts are detailed below.
- State Farm discounts include good student, defensive driving training, student away at school, multiple policy, and multiple autos.
- Progressive may include discounts for continuous coverage, good student, online signing, multi-policy, multi-vehicle, homeowner, and online quote discount.
- Travelers has savings for save driver, good student, home ownership, payment discounts, continuous insurance, and new car.
- American Family may have discounts that include Steer into Savings, good student, accident-free, mySafetyValet, air bags, and good driver.
- Liberty Mutual has discounts for new move discount, new graduate, newly retired, teen driver discount, safety features, hybrid vehicle, and multi-policy.
If you are trying to find inexpensive Fort Worth car insurance quotes, ask each company or agent which discounts can lower your rates. Discounts might not be offered on policies in your area. To choose auto insurance companies that offer the discounts shown above in Texas, click here.
Insurance data for a Lincoln MKS
The table shown below showcases estimates of insurance coverage prices for Lincoln MKS models. Understanding more about how insurance prices are determined is important for making informed purchases.
|MKS AWD 4-Dr Sedan
|MKS 4-Dr Sedan
|MKS Ecoboost AWD 4-Dr Sedan
|Get Your Own Custom Quote Go
Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Price estimates do not factor in specific Fort Worth garaging location which can decrease or increase price quotes substantially.
An analysis of deductible level
When buying insurance, a common question is which deductible level should you buy. The rates below show the differences in price when you buy lower versus higher deductibles. The first set of prices uses a $100 deductible for physical damage and the second price grid uses a $500 deductible.
|MKS AWD 4-Dr Sedan
|MKS 4-Dr Sedan
|MKS Ecoboost AWD 4-Dr Sedan
|Get Your Own Custom Quote Go
|MKS AWD 4-Dr Sedan
|MKS 4-Dr Sedan
|MKS Ecoboost AWD 4-Dr Sedan
|Get Your Own Custom Quote Go
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Price information does not factor in vehicle location which can change rates significantly.
Using the data above, we can ascertain that using a $100 deductible will cost in the ballpark of $34 more each month or $408 annually averaged for all MKS models than requesting the higher $500 deductible. Since the policyholder would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 12 months between claim filings, you would probably be better off if you decide on a higher deductible.
The diagram below demonstrates how deductibles and can affect Lincoln MKS insurance costs for different ages of insureds. The data assumes a single female driver, full physical damage coverage, and no discounts are applied.
Lincoln MKS full coverage rates compared to liability only
The example below shows the difference between Lincoln MKS car insurance rates with full coverage and liability only. The rates are based on no violations or claims, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.
When to drop comprehensive and collision coverage
There is no set guideline of when to drop comp and collision coverage, but there is a guideline you can use. If the yearly cost of full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.
For example, let’s say your Lincoln MKS claim settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $4,000 after paying your deductible. If premiums are more than $400 a year for full coverage, then you might want to consider buying only liability coverage.
There are some situations where dropping physical damage coverage is not in your best interest. If you still have a loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should maintain full coverage.
Auto insurance quotes from local Fort Worth insurance agents
A small number of people would prefer to talk to a local agent and that can be a smart move Good insurance agents can make sure you are properly covered and will help you if you have claims. The biggest benefit of getting online price quotes is you can get cheaper rates and still have a local agent. Buying from and supporting local insurance agencies is definitely important in Fort Worth.
To make it easy to find an agent, after completing this simple form, your insurance coverage information is transmitted to insurance agents in Fort Worth who will return price quotes to get your business. It makes it easy because there is no need to leave your house since price quotes are sent to your email. In the event you want to get a rate quote from a particular provider, you would need to search and find their rate quote page to submit a rate quote request.
Choose the right car insurance agent
When searching for a local insurance agency, there are a couple of types of insurance agents that differ in how they can insure your vehicles. Auto insurance agents may be either exclusive or independent (non-exclusive). Both can provide auto insurance policies, but it’s worth learning the difference in the companies they write for because it can impact your selection of an agent.
Independent insurance agents do not have single company limitations and that gives them the ability to insure with an assortment of companies and possibly get better coverage at lower prices. If you are not satisfied with one company, they simply switch companies in-house and you can keep the same agent.
If you are trying to find cheaper rates, we recommend you get some free quotes from at least one independent agent to have the most options to choose from. They often place coverage with smaller mutual companies which may provide better rates.
Featured below are independent insurance agencies in Fort Worth that can possibly get you pricing information.
- Lucien Wright Insurance Services
6000 Western Pl #100 – Fort Worth, TX 76107 – (817) 335-3400 – View Map
- Kilpatrick Insurance Agency
2410 Montgomery St – Fort Worth, TX 76107 – (817) 731-8771 – View Map
- Rainbow Insurance Agency
2929 Cleburne Rd – Fort Worth, TX 76110 – (817) 922-8031 – View Map
Exclusive Insurance Agencies
Exclusive agencies work for only one company like Allstate, Farmers Insurance, State Farm, and AAA. They usually cannot compare rates from other companies so they have no alternatives for high prices. Exclusive agents are usually well trained on their company’s products which helps them sell on service rather than price. Many people use the same exclusive agent partially due to high brand loyalty rather than low rates.
Below is a list of exclusive agents in Fort Worth willing to provide price quotes.
- Gary Gilmore – State Farm Insurance Agent
9324 Clifford St #106 – Fort Worth, TX 76108 – (817) 367-6106 – View Map
- Linda Allen – State Farm Insurance Agent
5328 Boat Club Rd – Fort Worth, TX 76135 – (817) 236-7200 – View Map
- Marty Melton – State Farm Insurance Agent
5250 McCart Ave – Fort Worth, TX 76115 – (817) 924-2424 – View Map
Selecting an car insurance agent requires more thought than just the bottom line cost. These are some valid questions you should ask.
- What will you get paid if your car is a total loss? How is that amount determined?
- What insurance companies do they recommend if they are an independent agent?
- Is the quote a firm price?
- Is there any savings for paying the full premium?
- How often do they review coverages?
- How much can you save by raising your physical damage deductibles?
If you get good answers to your questions as well as a affordable price, it’s a good possibility that you have found a car insurance agent that can be trusted to properly insure your vehicles. Just understand that policyholders can cancel coverage any time you want so don’t feel you’re contractually obligated to the auto insurance policy for any length of time.
Seven Things That Impact Your Insurance Prices
One of the most helpful ways to save on insurance is to to have a grasp of a few of the rating criteria that are used to determine the price you pay for insurance. If you understand what impacts premium levels, this helps enable you to make changes that could help you find cheaper rates. Many things are used in the calculation when you get your auto insurance bill. Most are fairly basic like your driving record, but other factors are not as apparent like your continuous coverage and annual miles driven.
Getting married can lower premiums – Having a significant other can get you a discount on insurance. Having a spouse generally demonstrates drivers are more responsible and it’s statistically proven that married drivers tend to file fewer claims.
Improve your credit score and save – Having a bad credit score is a large factor in determining your rates. So if your credit is not that good, you could be paying less to insure your Lincoln MKS by improving your credit score. Insureds with excellent credit scores tend to be more responsible than drivers with lower credit ratings.
Keep the miles off and save – Driving more miles in a year’s time the more it will cost to insure it. Almost all companies charge to insure your cars based on their usage. Cars and trucks that sit idle most of the time receive better premium rates than vehicles that are driven to work every day. Having the wrong rating on your MKS can result in significantly higher rates. Ask your agent if your declarations sheet shows how each vehicle is driven.
Urban residents pay more – Being located in areas with lower population has it’s advantages when talking about insurance. Drivers who live in large cities have to deal with more auto accidents and higher rates of accident claims. Fewer drivers and short commutes means a lower chance of having an accident in addition to lower liability claims.
Obey driving laws and save – Having a single speeding ticket can bump up the cost substantially. Good drivers receive lower rates than bad drivers. Drivers who have dangerous tickets such as DUI, reckless driving or excessive speeding may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to legally drive.
The chart below demonstrates how traffic citations and at-fault fender-benders impact Lincoln MKS insurance prices for different age groups of insureds. The information is based on a married female driver, full coverage, $1,000 deductibles, and no discounts are taken into consideration.
High physical damage deductibles reduce costs – The deductibles state the amount of money you are required to spend in the event of a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Examples of covered claims are rear-ending another vehicle, damage from fire, and having a roll-over accident. The more of the claim you’re willing to pay, the less your insurance will be.
Car plus home equals more savings – Some insurance companies will award better rates to customers who have multiple policies with them. It’s known as a multi-policy discount. If you currently are using one company, it’s always a smart idea to check prices from other companies to help guarantee you have the best rates.
Lincoln MKS claim data – Insurance companies study historical loss data to help determine the rate you pay. Vehicles that the data determines to have higher claim frequency or loss amount will cost more to insure. The table below demonstrates the insurance loss data for Lincoln MKS vehicles.
For each policy coverage, the statistical loss for all vehicles, regardless of make, model or trim level, is equal to 100. Numbers shown that are under 100 mean the vehicle has better than average losses, while percentages above 100 indicate more frequent losses or a tendency for claims to be larger.
|Vehicle Make and Model
|Lincoln MKS 4dr 2WD
|Lincoln MKS 4dr 4WD
|Lincoln MKS Ecoboost 4dr 4WD
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
It may be expensive, but it’s not optional
Despite the high cost of buying insurance for a Lincoln MKS in Fort Worth, paying for auto insurance is required for several reasons.
First, almost all states have mandatory liability insurance requirements which means the state requires specific limits of liability protection if you drive a vehicle. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you took out a loan on your car, more than likely the lender will force you to carry insurance to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank will be required to insure your Lincoln at an extremely high rate and require you to pay for it.
Third, insurance safeguards your car and your assets. It will also pay for medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your Lincoln gets damaged, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your car more than cancel out the cost, especially if you ever need it. But the average driver in Texas is wasting up to $850 per year so it’s important to compare rates every year to help ensure money is not being wasted.
Affordable insurance premiums are possible
There are still a few companies who may not have rates over the internet and these smaller companies sell through independent agents. Budget-friendly insurance in Fort Worth is attainable from both online companies and also from your neighborhood Fort Worth agents, and you need to comparison shop both to get a complete price analysis.
We covered quite a bit of information on how to reduce Lincoln MKS insurance car insurance rates online in Fort Worth. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest car insurance rates come from a small local company.
As you prepare to switch companies, do not buy poor coverage just to save money. Too many times, an insured dropped liability limits or collision coverage and found out when filing a claim that it was a big mistake. Your focus should be to purchase plenty of coverage at the best cost while not skimping on critical coverages.
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