Save Money on Lincoln MKX Insurance in Boston

If your goal is the lowest price, then the best way to get budget auto insurance rates is to regularly compare price quotes from different companies that insure vehicles in Boston.

1. Try to learn a little about what coverages are included in your policy and the factors you can control to prevent rate increases. Many policy risk factors that drive up the price like traffic violations, accidents, and a negative credit score can be amended by making minor changes to your lifestyle. This article provides information to keep prices down and find overlooked discounts.
2. Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from one company like GEICO or State Farm, while independent agencies can provide rate quotes for a wide range of companies.
3. Compare the new quotes to your existing policy and see if you can save money. If you find a better price and buy the policy, make sure coverage does not lapse between policies.
4. Notify your current company of your decision to cancel the current policy. Submit the signed application along with the required initial payment for your new coverage. As soon as coverage is bound, place the new certificate verifying proof of insurance in a readily accessible location in your vehicle.

A tip to remember is to compare the same coverage limits and deductibles on every quote and and to look at all possible companies. This provides an apples-to-apples comparison and many rates to choose from.

A recent car insurance study discovered that nearly 70% of customers renewed their policy with the same company for more than four years, and approximately 40% of consumers have never compared quotes from other companies. The average driver in Boston can save up to $600 each year just by getting comparison quotes, but they just don’t understand the actual amount they would save if they changed companies.

Best companies for low-cost Lincoln MKX insurance in Massachusetts

The companies shown below are our best choices to provide comparison quotes in Massachusetts. If multiple companies are listed, we suggest you visit as many as you can in order to find the most affordable rates.

Rates and information analytics

The rate information displayed below covers different coverage costs for Lincoln MKX models. Understanding how prices are determined can be useful when making smart policy decisions.

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Massachusetts minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Price information does not factor in garaging location in Boston which can revise premium rates greatly.

Physical damage deductibles: Should you raise them?

When comparing auto insurance rates, the most common question is how high should the deductibles for physical damage be. The tables below summarize how much more rates are when you select higher and lower physical damage deductibles. The first price estimate table uses a $100 deductible for comp and collision and the second rate table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Rates do not factor in zip code location which can alter coverage prices considerably.

We can estimate from the data above that using a $100 deductible will cost in the ballpark of $38 more each month or $456 each year than opting for the higher $1,000 deductible. Since you would pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 24 months between claim filings, you would probably come out ahead if you opt for a higher deductible.

One important caveat is that higher deductibles means you pay more out-of-pocket when you have a comprehensive or collision claim. That will necessitate some savings in the bank in the event you have to pay more to get your vehicle repaired.

The example below shows how choosing a deductible and can affect Lincoln MKX insurance prices for different ages of insureds. The rates are based on a married male driver, comp and collision included, and no discounts are factored in.

Lincoln MKX liability rates compared to full coverage

The example below compares Lincoln MKX insurance rates when comparing full coverage to liability only. The data assumes no claims, a clean driving record, $1,000 deductibles, single marital status, and no policy discounts are applied.

When to switch to liability coverage only

There is no definitive guideline for eliminating full coverage on your policy, but there is a general guideline. If the yearly cost of comp and collision coverage is more than 10% of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s say your Lincoln MKX settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $3,000 after the policy deductible has been paid. If premiums are more than $300 annually for comprehensive and collision coverage, then you might consider buying liability only.

There are some scenarios where dropping physical damage coverage is not a good idea. If you still owe money on your vehicle, you must maintain physical damage coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should keep full coverage on your policy.

These discounts can lower Lincoln MKX insurance rates

Car insurance can be pricey, but you may qualify for discounts that you may not know about. A few discounts will automatically apply at the time of purchase, but some discounts are required to be manually applied in order for you to get them.

• Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems could see savings of 20 to 30 percent.
• College Student Discount – Any of your kids living away from Boston attending college and do not take a car to college could get you a discount.
• Drive Less and Save – Driving fewer miles can qualify you for lower prices due to less chance of an accident.
• Military Rewards – Having a deployed family member could be rewarded with lower premium rates.
• Multi-Vehicle Discounts – Insuring multiple cars or trucks on one policy can get a discount on all vehicles.
• Savings for New Vehicles – Insuring a new MKX can cost up to 25% less compared to insuring an older model.
• Driver Training Discounts – Participating in a class that teaches defensive driver techniques can save you 5% or more and make you a better driver.
• Telematics Data – Boston drivers who agree to allow driving data collection to scrutinize when and where they use their vehicle by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates if they are good drivers.
• Anti-theft Discount – Cars, trucks, and SUVs with anti-theft systems are less likely to be stolen and will save you 10% or more on MKX insurance in Boston.
• Save over 55 – If you qualify as a senior citizen, you may receive better car insurance rates.

As is typical with insurance, most of the big mark downs will not be given to the overall cost of the policy. Most only cut individual premiums such as physical damage coverage or medical payments. So when it seems like all the discounts add up to a free policy, that’s just not realistic.

The illustration below visualizes the comparison of Lincoln MKX annual premium costs with and without policy discounts. The prices are based on a female driver, a clean driving record, no claims, Massachusetts state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, multi-car, homeowner, marriage, and claim-free discounts applied.

A list of companies and their offered discounts can be found below.

• State Farm may have discounts that include Drive Safe & Save, anti-theft, good driver, defensive driving training, multiple autos, good student, and driver’s education.
• GEICO offers discounts including emergency military deployment, federal employee, anti-theft, daytime running lights, and multi-vehicle.
• Progressive policyholders can earn discounts including homeowner, multi-vehicle, multi-policy, online quote discount, online signing, and good student.
• 21st Century has savings for defensive driver, air bags, theft prevention, student driver, anti-lock brakes, and good student.
• American Family may offer discounts for TimeAway discount, good student, Steer into Savings, defensive driver, early bird, accident-free, and mySafetyValet.
• The Hartford offers premium reductions for vehicle fuel type, good student, defensive driver, bundle, and anti-theft.
• AAA may include discounts for multi-policy, good student, good driver, anti-theft, multi-car, and pay-in-full.

Before you buy a policy, ask each company or agent which discounts you qualify for. Depending on the company, some discounts may not apply to policyholders in Boston. To locate companies with significant discounts in Massachusetts, click here to view.

Choices You Make Can Impact Your Insurance Prices

Many different elements are taken into consideration when quoting car insurance. A few of the factors are predictable such as your driving record, but other factors are not quite as obvious like your continuous coverage or how financially stable you are. When buying insurance it’s important to understand some of the elements that help calculate your premiums. If you understand what determines base rates, this enables informed choices that will entitle you to cheaper rates.

The following are a few of the “ingredients” used by your company to calculate rates.

• Do females or males drive better? – Over time, data shows that women are safer drivers than men. That doesn’t necessarily mean that women are better drivers. Females and males tend to get into accidents in similar percentages, but the male of the species cause more damage. Men also statistically get more serious tickets like reckless driving and DUI.

  The diagram below visualizes the comparison of Lincoln MKX insurance costs for male and female drivers. The price estimates are based on no accidents or driving violations, comp and collision included, $1,000 deductibles, drivers are not married, and no other discounts are factored in.

• Incidental coverages can add up – There are a ton of optional add-on coverages that may not really be needed but may not be useful. Coverages like vanishing deductibles, death and dismemberment, and additional equipment coverage may be wasting your money. They may seem good when buying your policy, but if they’re wasting money eliminate the coverages to reduce your premium.
• Do you qualify for a multi-policy discount? – Most companies will award better rates for people who have multiple policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, consumers should still shop around to help ensure you have the lowest rates.There is a good possibility that you can save even more by buying insurance from more than one company.
• Credit rating impacts costs – Your credit rating is a large factor in determining what you pay for insurance. Consumers who have very good credit scores tend to file fewer claims than drivers with lower ratings. Therefore, if your credit history can use some improvement, you could be paying less to insure your Lincoln MKX by spending a little time repairing your credit.
• Safer occupants lowers prices – Safe vehicles tend to be cheaper to insure. Vehicles built for safety protect occupants better and lower injury rates means lower claim amounts and more competitive rates for policyholders.
• Raising physical damage deductibles lowers prices – Comprehensive and collision coverage deductibles state the amount of money you are willing to pay if you file a covered claim. Protection for physical damage, aka comp and collision, covers damage that occurs to your car. Some coverage claims could be collision with another vehicle, collision with a deer, and having a roll-over accident. The more expense the insured has to pay upfront, the less your company will charge you for insurance.
• Getting married equates to better rates – Your spouse may earn you lower rates on your insurance bill. Having a significant other demonstrates that you tend to be more mature and it’s proven that married couples file fewer claims.

• Claims statistics for a Lincoln MKX – Insurers use statistical claims data to help calculate premium rates. Models that the data determines to have increased losses will cost more for specific coverages.

  The next table illustrates the collected loss data for Lincoln MKX vehicles. For each coverage type, the claim probability for all vehicles compiled together equals 100. Numbers shown that are under 100 suggest a positive loss record, while values over 100 point to more losses or tendency to have higher losses.

  
  

  Car Insurance Loss Data for Lincoln MKX Models

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Lincoln MKX 4dr 2WD	77	80	67	66	81	78
  Lincoln MKX 4dr 4WD	86	91	92	76	79	87

  BETTER

  AVERAGE

  WORSE

  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Do I just need basic coverages?

When it comes to the right insurance coverage, there really is not a single plan that fits everyone. Every situation is different and your car insurance should be unique as well.
For example, these questions could help you determine if your insurance needs will benefit from professional help.

• Can I insure my car for more than it’s worth?
• Is my Lincoln MKX covered if I use it for business?
• Is my camper covered for physical damage?
• Do I have coverage when making deliveries for my home business?
• When can I cancel my policy?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Can I pay claims out-of-pocket if I buy high deductibles?
• When does my teenage driver need to be added to my policy?
• Is my cargo covered for damage or theft?
• Should I drop comprehensive coverage on older vehicles?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.

When to have guidance from an insurance agency

Many drivers just want to sit down with an agent and that is a personal choice. Professional agents can help you choose the best coverages and help submit paperwork. One of the great benefits of comparing rate quotes online is you can get lower prices and still have an agent to talk to.

To help locate an agent, after submitting this quick form, the quote information is transmitted to agents in your area that provide free Boston car insurance quotes for your insurance coverage. You never need to leave your computer due to the fact that quote results will go to the email address you provide. In the event you want to get a rate quote from a specific insurance company, you can always jump over to their website and complete a quote there.

Finding a good company requires you to look at more than just a cheap price quote. You should also get answers to these questions.

• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• What is the financial rating for the quoted company?
• Do they review policy coverages at every renewal?
• How many years of experience in personal auto insurance do they have?
• Is vehicle mileage a factor when determining depreciation for repairs?
• Will you get a loaner vehicle if you car is being repaired?
• How long has their agency been open in Boston?
• Does the agent help file claims?

If you want to buy auto insurance from a local Boston insurance agency, you must know there are a couple different types of agents and how they function. Auto insurance agents in Boston can be categorized as either exclusive agents or independent agents. Both sell affordable auto insurance policies, but it is important to understand how they are different because it can influence your agent selection.

Exclusive Insurance Agents

These agents normally can only provide a single company’s rates such as State Farm, AAA, and Liberty Mutual. Exclusive agents cannot provide other company’s prices so they have no alternatives for high prices. Exclusive agencies are well trained on their products and sales techniques which aids in selling service over price. A lot of people use the same exclusive agent mostly because of the prominent brand name rather than low price.

Listed below is a list of exclusive agents in Boston that can give you price quotes.

• Allstate Insurance: Abner Joseph
  571 Dudley St Ste A – Boston, MA 02125 – (617) 442-9490 – View Map
• AAA Boston
  125 High St – Boston, MA 02110 – (617) 443-9300 – View Map

More insurance agents

Independent Agents (or Brokers)

Independent agencies often have affiliation with several companies and that allows them to write policies with a variety of different insurance companies and help determine which has the cheapest rates. If they find a cheaper price, the business is moved internally and you don’t have to do anything. When comparing rate quotes, we highly recommend that you include rate quotes from independent agents in order to compare the most rates. Most have the option of insuring with less well-known companies who may have lower rates.

Shown below is a list of independent agents in Boston that are able to give price quotes.

• Allston Insurance
  281 Western Ave – Boston, MA 02134 – (617) 229-6413 – View Map
• Richard Soohoo Insurance
  1148 Washington St – Boston, MA 02118 – (617) 338-8168 – View Map
• A-Affordable Insurance Agency, Inc.
  55 Union St – Boston, MA 02108 – (617) 924-4915 – View Map

More insurance agents

In conclusion

As you go through the steps to switch your coverage, it’s a bad idea to reduce needed coverages to save money. In many cases, drivers have reduced collision coverage to discover at claim time that they should have had better coverage. Your goal is to buy a smart amount of coverage at an affordable rate while still protecting your assets.

There are still a few companies who don’t offer online rate quotes and most of the time these small, regional companies provide coverage only through independent agents. Low-cost Lincoln MKX insurance in Boston is available on the web as well as from independent agents in Boston, so compare prices from both to have the best chance of lowering rates.

Additional auto insurance information can be found on the following sites:

• Auto Theft Statistics (Insurance Information Institute)
• Who Has Affordable Boston Auto Insurance for 4×4 Vehicles? (FAQ)
• How Much are Auto Insurance Rates for a Toyota Corolla in Boston? (FAQ)
• How Much are Auto Insurance Rates for a Subaru Impreza in Boston? (FAQ)
• Who Has Affordable Auto Insurance for a Ford F-150 in Boston? (FAQ)
• Get the Right Protection (InsureUonline.org)
• Young Drivers: The High Risk Years Video (iihs.org)