Trying to find low-cost Lincoln MKS insurance in Bakersfield? Scraping up a payment for overpriced Lincoln MKS insurance in Bakersfield can deplete your savings account and make it tough to pay other bills. Doing a rate comparison can lower your rates and help to ensure you are getting the best deal.
It’s an obvious statement that insurance companies want to keep you from shopping around. Insureds who shop for lower rates will, in all likelihood, move their business because they have good chances of finding a more affordable policy. A recent insurance study revealed that people who routinely compared quotes saved approximately $70 a month compared to those who don’t make a habit of comparing rates.
If finding the best rates on auto insurance in Bakersfield is the reason you’re here, then knowing the best ways to find and compare insurance premiums can make it simple to find affordable coverage. Multiple insurance companies compete to insure your vehicles, and because of this it can be hard to compare car insurance companies to find the lowest cost out there.
It’s a good habit to take a look at other company’s rates periodically because insurance prices are rarely the same from one policy term to another. If you had the lowest price on Lincoln MKS insurance in Bakersfield on your last policy you will most likely find a better rate quote today. Block out anything you think you know about insurance because you’re about to learn the best way to find better coverage on Lincoln MKS insurance in Bakersfield at a better price.
If you have coverage now or just want cheaper rates, you will benefit by learning to cut your premiums without sacrificing coverage. Locating the most cost-effective auto insurance policy in Bakersfield is much easier if you know where to start. Smart shoppers just have to learn the most effective way to buy auto insurance online.
The companies shown below are our best choices to provide price comparisons in California. If the list has multiple companies, it’s a good idea that you visit two to three different companies to get the cheapest price.
Insurance statistics and figures
The price information shown next showcases a range of policy rates for Lincoln MKS models. Having a good grasp of how auto insurance policy rates are determined can help you make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $228 | $506 | $424 | $26 | $128 | $1,312 | $109 |
| MKS 4-Dr Sedan | $228 | $506 | $424 | $26 | $128 | $1,312 | $109 |
| MKS Ecoboost AWD 4-Dr Sedan | $252 | $572 | $424 | $26 | $128 | $1,402 | $117 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Estimates do not factor in specific location information which can decrease or increase premiums noticeably.
Physical damage deductibles
A question often asked by Bakersfield drivers is the level to set your comp and collision deductibles. The comparisons below can help illustrate the differences in premium rates when you buy lower versus higher policy deductibles. The first data set uses a $100 physical damage coverage deductible and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $478 | $932 | $376 | $22 | $112 | $1,945 | $162 |
| MKS 4-Dr Sedan | $478 | $932 | $376 | $22 | $112 | $1,945 | $162 |
| MKS Ecoboost AWD 4-Dr Sedan | $528 | $1054 | $376 | $22 | $112 | $2,117 | $176 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $348 | $630 | $376 | $22 | $112 | $1,488 | $124 |
| MKS 4-Dr Sedan | $348 | $630 | $376 | $22 | $112 | $1,488 | $124 |
| MKS Ecoboost AWD 4-Dr Sedan | $384 | $712 | $376 | $22 | $112 | $1,606 | $134 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Premium amounts do not factor in garaging location in Bakersfield which can revise premiums substantially.
Based on this data, using a $100 deductible could cost the average driver approximately $40 more each month or $480 a year than buying the higher $500 deductible. Because you would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to average more than 10 months between claim filings, you would most likely save money going with the higher deductible.
Irresponsible driving raises your rates
The information below demonstrates how traffic citations and at-fault fender-benders impact Lincoln MKS insurance costs for each age group. The premium estimates are based on a married female driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.
Lincoln MKS liability rates compared to full coverage
The chart below shows the comparison of Lincoln MKS yearly insurance costs with full coverage and liability only. The premiums are based on no claims or driving citations, $250 deductibles, drivers are not married, and no discounts are taken into consideration.
When to stop paying for full coverage
There isn’t a steadfast formula to delete comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.
For example, let’s assume your Lincoln MKS book value is $6,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $5,000 after paying your deductible. If premium cost is more than $500 annually for physical damage coverage, then you might consider buying liability only.
There are some cases where eliminating full coverage is not in your best interest. If you haven’t satisfied your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should keep full coverage.
Three reasons insurance is important
Even though it can be expensive, buying insurance may be mandatory for several reasons.
First, the majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance coverage if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if you took out a loan on your Lincoln MKS, more than likely the lender will stipulate that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the bank will be required to insure your Lincoln at a much higher rate and force you to reimburse them a much higher amount than you were paying before.
Third, insurance protects not only your vehicle but also your assets. It also can pay for medical bills incurred in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if anyone sues you for causing an accident. If your Lincoln gets damaged, your policy will pay all costs to repair after the deductible has been paid.
The benefits of insuring your MKS greatly outweigh the cost, particularly when you have a large claim. In a recent study of 1,000 drivers, the average customer is wasting up to $830 a year so it’s recommended you shop around once a year at a minimum to save money.
Why You Might Pay Increased Rates in Bakersfield
Part of the insurance buying process is learning the factors that go into determining insurance rates. When consumers understand what positively or negatively impacts your premiums, this enables informed choices that will entitle you to cheaper rates.
- Liability protection limits are a factor – The liability coverage on your policy will protect you in the event that you are ruled to be at fault for causing personal injury or damage in an accident. This coverage provides legal defense up to the limits shown on your policy. Liability is cheap when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.
- Frequent insurance claims increase premiums – Companies in California provide cheaper rates to insureds who file claims infrequently. If you’re an insured who likes to file claims you can expect either policy cancellation or increased premiums. Insurance coverage is designed for larger claims.
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Driver age impacts rates – Young drivers in California are statistically shown to be careless and easily distracted when at the wheel of a vehicle so they pay higher insurance rates. Older insureds tend to be more responsible, tend to cause fewer accidents, and get fewer tickets.
The following chart is based on a single driver, full coverage with $1000 deductibles, and no discounts or violations.
- Raise comp and collision deductibles and save – The deductibles represent how much money you are willing to pay if a claim is determined to be covered. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of some claims that would be covered are colliding with a stationary object, collision with a deer, and having a roll-over accident. The more of the claim the insured has to pay upfront, the bigger discount you will receive.
- Prevent insurance lapses – Driving any period of time without insurance is a big no-no and you will pay a penalty because you let your insurance lapse. Not only will rates go up, the inability to provide proof of insurance will get you fines and jail time.
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Insurance loss statistics a Lincoln MKS – Insurance companies include the past claim history for a vehicle to help determine the price you pay. Vehicles that the data determines to have high amounts or severity of claims will have a higher cost to insure.
The next table shows the loss history for Lincoln MKS vehicles. For each coverage category, the loss probability for all vehicles averaged together is a value of 100. Percentage values below 100 suggest losses that are better than average, while percentage numbers above 100 point to more losses or a tendency for losses to be larger than average.
Lincoln MKS Insurance Claim Statistics Specific Lincoln Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Lincoln MKS 4dr 2WD 121 90 140 78 103 Lincoln MKS 4dr 4WD 135 89 204 89 Lincoln MKS Ecoboost 4dr 4WD 139 93 153 87 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Get cheaper Lincoln MKS insurance rates in Bakersfield
Insurance can be prohibitively expensive, but there could be available discounts that could drop your premiums quite a bit. Certain credits will be shown when you quote, but once in a while a discount must be specially asked for prior to getting the savings.
- Accident Waiver – This one is not really a discount per se, but some companies like Liberty Mutual and GEICO will turn a blind eye to one accident without raising rates so long as you haven’t had any claims for a certain period of time.
- Seat Belts Save more than Lives – Requiring all passengers to buckle up can save a little off the PIP or medical payment premium.
- Discount for Home Ownership – Just owning your own home may earn you a small savings since owning and maintaining a home shows financial diligence.
- Clubs and Organizations – Having an affiliation with specific professional or occupational memberships or organizations is a good way to get lower rates on your next car insurance statement.
- Low Mileage Discounts – Driving less can qualify you for cheaper car insurance rates.
- Auto/Life Discount – If the company offers life insurance, you could get better prices if you take out a life insurance policy as well.
- Braking Control Discount – Cars with ABS braking systems or traction control are much safer to drive so you can save 10 percent or more.
- Resident Student – Any of your kids who live away from home to go to college and do not take a car to college can be insured at a reduced rate.
- Pay Early and Save – If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
As a sidenote, most discount credits are not given to the entire policy premium. Most only cut specific coverage prices like collision or personal injury protection. Even though it may seem like having all the discounts means you get insurance for free, companies wouldn’t make money that way.
The example below visualizes the comparison of Lincoln MKS insurance costs with and without discounts applied. The costs are based on a male driver, no claims or driving citations, California 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 marriage, claim-free, homeowner, safe-driver, multi-car, and multi-policy discounts applied.
A few popular companies and a partial list of their discounts can be found below.
- Mercury Insurance includes discounts for age of vehicle, multi-policy, annual mileage, accident-free, low natural disaster claims, and anti-theft.
- Farmers Insurance may have discounts that include multi-car, alternative fuel, pay in full, electronic funds transfer, early shopping, and homeowner.
- Farm Bureau offers premium reductions for driver training, renewal discount, good student, youthful driver, multi-vehicle, and 55 and retired.
- State Farm has savings for good student, accident-free, multiple autos, multiple policy, defensive driving training, Drive Safe & Save, and driver’s education.
- Allstate policyholders can earn discounts including multi-policy, safe driver, senior citizen, 55 and retired, utility vehicle, and farm vehicle.
- GEICO may include discounts for daytime running lights, five-year accident-free, military active duty, anti-lock brakes, seat belt use, defensive driver, and driver training.
If you need lower rates, check with every insurance company which discounts they offer. Discounts may not be offered everywhere. To see insurers with the best Lincoln MKS insurance discounts in Bakersfield, follow this link.
Everyone needs different insurance coverages
Always remember that when buying adequate coverage for your personal vehicles, there is no “perfect” insurance plan. Each situation is unique so your insurance needs to address that.
For instance, these questions can aid in determining if you would benefit from an agent’s advice.
- Am I covered when delivering products for my home-based business?
- Is my trailer covered?
- I don’t drive much so do I pay less?
- What can I do if my company won’t pay a claim?
- Which is better, split liability limits or combined limits?
- Does my liability insurance cover pulling a trailer or camper?
- Are there any extra discounts I can get?
If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.
Independent versus exclusive car insurance agents
Many drivers still like to buy from a licensed agent and that is not a bad decision Most agents are trained risk managers and give you someone to call. The best thing about comparing insurance online is the fact that drivers can get cheap rate quotes and still have an agent to talk to. And buying from small agencies is especially important in Bakersfield.
Upon completion of this form (opens in new window), your insurance coverage information is immediately sent to companies in Bakersfield who want to provide quotes for your insurance coverage. You never need to visit any agencies since rate quotes are delivered directly to you. If you wish to compare prices from one company in particular, you would need to search and find their rate quote page and give them your coverage information.
Below are Bakersfield insurance companies that can give you comparison quotes for Lincoln MKS insurance in Bakersfield.
GEICO Insurance Agent
5550 California Ave #101 – Bakersfield, CA 93309 – (661) 431-1780 – View Map
Sal Brito – State Farm Insurance Agent
1410 Wible Rd #107 – Bakersfield, CA 93304 – (661) 398-5144 – View Map
Fox, James H – James H Fox Insurance
42 Bernard St – Bakersfield, CA 93305 – (661) 322-2023 – View Map
NSE Insurance Agencies, Inc.
5330 Office Center Ct # 69 – Bakersfield, CA 93309 – (661) 327-0620 – View Map
Picking an company requires you to look at more than just a cheap price quote. Any agent in Bakersfield should be forthright in answering these questions:
- Is their price quote a firm figure or are their hidden costs?
- Are they properly licensed to sell insurance in California?
- Are they primarily personal or commercial lines agents in Bakersfield?
- What company holds the largest book of business for them?
- Do they offer rental car reimbursement?
- Is coverage determined by price?
- Can you use your own choice of collision repair facility?
Auto insurance savings summarized
While you’re price shopping online, it’s a bad idea to sacrifice coverage to reduce premiums. There are a lot of situations where an accident victim reduced physical damage coverage and learned later that they should have had better coverage. The goal is to buy enough coverage for the lowest price, but do not sacrifice coverage to save money.
In this article, we covered many ways to save on Lincoln MKS insurance in Bakersfield. It’s most important to understand that the more quotes you get, the better likelihood of getting cheaper Bakersfield auto insurance quotes. Consumers could even find that the lowest priced auto insurance comes from a small mutual company. Some small companies can often insure niche markets at a lower cost than their larger competitors like Allstate, GEICO and Progressive.
Steps to buying discount Lincoln MKS insurance in Bakersfield
The most effective way to find the cheapest price for Lincoln MKS insurance in Bakersfield is to do an annual price comparison from insurance carriers who provide car insurance in California.
Step 1: Spend a few minutes and learn about how auto insurance works and the measures you can take to prevent expensive coverage. Many rating factors that drive up the price such as speeding tickets, accidents and bad credit can be rectified by making minor driving habit or lifestyle changes.
Step 2: Compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give prices from one company like Progressive or Allstate, while independent agents can provide price quotes from many different companies. View companies
Step 3: Compare the new quotes to the premium of your current policy to see if switching to a new carrier will save money. If you find a better price, verify that coverage does not lapse between policies.
A good piece of advice is to try to compare the same liability limits and deductibles on each quote and and to get rates from as many carriers as you can. This ensures a level playing field and a better comparison of the market.
To learn more, feel free to browse the following helpful articles:
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- How Much are Auto Insurance Rates for Police Officers in Bakersfield? (FAQ)
- Who Has Cheap Bakersfield Auto Insurance for a Chevrolet Equinox? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Nurses in Bakersfield? (FAQ)
- Who Has Affordable Auto Insurance for Single Moms in Bakersfield? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers Over Age 60 in Bakersfield? (FAQ)
- Who Has Affordable Car Insurance Rates for Veterans in Bakersfield? (FAQ)
- What Car Insurance is Cheapest for a Honda Pilot in Bakersfield? (FAQ)
- Vehicle Safety Ratings (iihs.org)
- Learn About Car Insurance (GEICO)
- Where can I buy Insurance? (Insurance Information Institute)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)