Are you tired of overpaying and want lower-priced Lincoln MKS insurance in Fort Wayne? Locating better insurance prices for a Lincoln MKS in Indiana can normally be a painful process, but you can use a few tricks to make it easier.
There is a better way to find car insurance online so you’re going to learn the proper way to get price quotes for a new or used Lincoln and get the lowest price from Fort Wayne insurance agents and online providers.
It’s hard to fathom, but most drivers have purchased from the same company for more than four years, and almost half have never even compared quotes to find cheap rates. Many drivers in Indiana could cut their rates by almost 55% a year by just comparing rate quotes, but they underestimate how much they could save if they switch to a new company.
Smart consumers take time to get comparison quotes at least once a year because prices are variable and change quite frequently. Just because you found the lowest price on Lincoln MKS insurance in Fort Wayne six months ago the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about car insurance because you’re going to learn one of the quickest ways to save money, get proper coverage and the best rates.
Finding and buying the cheapest car insurance in Fort Wayne is easy if you know what you’re doing. If you are already insured or need new coverage, you can use this information to get lower rates and possibly find even better coverage. Smart buyers only have to learn how to quote multiple rates from many different companies online.
Affordable companies for Lincoln MKS insurance in Indiana
The auto insurance companies shown below offer price comparisons in Indiana. If you wish to find cheap car insurance in Fort Wayne, IN, it’s a good idea that you compare several of them in order to find the lowest rates.
Car insurance data for a Lincoln MKS
The coverage table displayed below outlines detailed analysis of prices for Lincoln MKS models. Having a better idea how car insurance prices are established can help customers make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $298 | $680 | $288 | $18 | $86 | $1,370 | $114 |
| MKS 4-Dr Sedan | $298 | $680 | $288 | $18 | $86 | $1,370 | $114 |
| MKS Ecoboost AWD 4-Dr Sedan | $328 | $770 | $288 | $18 | $86 | $1,490 | $124 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Rate information does not factor in specific zip code location which can alter coverage rates greatly.
Where to set your deductibles
One common question asked by Fort Wayne drivers is how high should the deductibles for physical damage be. The following tables can help illustrate the rate differences when you choose different policy deductibles. The first data set uses a $250 deductible and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $272 | $496 | $238 | $14 | $72 | $1,117 | $93 |
| MKS 4-Dr Sedan | $272 | $496 | $238 | $14 | $72 | $1,117 | $93 |
| MKS Ecoboost AWD 4-Dr Sedan | $300 | $562 | $238 | $14 | $72 | $1,211 | $101 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $222 | $400 | $238 | $14 | $72 | $946 | $79 |
| MKS 4-Dr Sedan | $222 | $400 | $238 | $14 | $72 | $946 | $79 |
| MKS Ecoboost AWD 4-Dr Sedan | $244 | $452 | $238 | $14 | $72 | $1,020 | $85 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Estimates do not factor in your specific Fort Wayne location which can modify premium rates greatly.
Based on the above data, using a $250 deductible will cost you roughly $15 more each month or $180 for a full year than requesting the higher $500 deductible. Since the policyholder would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to go more than 17 months between claims, you would come out ahead by selecting a higher deductible.
Does it make sense to buy full coverage?
The chart below visualizes the comparison of Lincoln MKS annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Indiana. The premium estimates are based on no claims or driving citations, $500 deductibles, drivers are single, and no discounts are applied to the premium.
When to drop full coverage
There is no definitive guideline of when to stop paying for full coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Lincoln MKS book value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $4,000 after you pay the deductible. If you are currently paying more than $400 a year to have full coverage, then it might be time to consider dropping full coverage.
There are some scenarios where dropping full coverage is not in your best interest. If you still have a loan on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.
Lower-cost Lincoln MKS insurance quotes in Fort Wayne
Car insurance companies don’t list all available discounts in an easy-to-find place, so here is a list both the well known and also the lesser-known auto insurance savings.
- Discounts for Federal Employees – Active or former government employment may qualify for a discount when you quote Fort Wayne auto insurance with certain companies.
- Membership in Organizations – Affiliation with a qualifying organization could qualify you for a break on your next auto insurance statement.
- Pay Now and Pay Less – If you pay your entire premium ahead of time as opposed to paying monthly you may have a lower total premium amount.
- Own a Home – Just owning your own home can earn you a little savings because owning a home is proof that your finances are in order.
- Discount for Life Insurance – Select insurance carriers reward you with lower auto insurance rates if you buy life insurance from them.
- Buy New and Save – Buying a new car instead of a used MKS is cheaper since newer models have better safety ratings.
- Bundle and Save – When you combine your homeowners and auto insurance with the same insurance company you could get a discount of at least 10 to 15 percent or more.
- Seat Belt Discounts – Drivers who require all vehicle occupants to buckle up before driving can save up to 15% on the medical payments or PIP coverage costs.
- Renewal Discounts – Some companies provide a discount for signing up before your current expiration date. This can save 10% or more.
- Defensive Driver – Participating in a course that instructs on driving safety may get you a small discount and also improve your driving technique.
Policy discounts save money, but most discounts do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as comprehensive or collision. Even though the math looks like you would end up receiving a 100% discount, it’s just not the way it works.
The diagram below compares Lincoln MKS insurance costs with and without discounts applied to the policy rates. The data assumes a female driver, no violations or accidents, Indiana state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, claim-free, homeowner, multi-car, and safe-driver discounts applied.
For a list of providers who offer discounts in Fort Wayne, click here.
Situations that may require an agent’s advice
Keep in mind that when it comes to choosing proper insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Each situation is unique and your policy should reflect that. For example, these questions may help highlight if your situation may require specific advice.
- Why is insurance for a teen driver so high in Fort Wayne?
- Does rental coverage apply when I am renting a car?
- Does medical payments coverage apply to all occupants?
- Which companies will insure high-risk drivers?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Is there a penalty for late payment?
- Should I file a claim if it’s only slightly more than my deductible?
- When do I need to add a new car to my policy?
- Am I covered if I drive in a foreign country?
- What are the best liability limits?
If it’s difficult to answer those questions but one or more may 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, simply complete this short form or click here for a list of insurance companies in your area. It is quick, free and you can get the answers you need.
Insurance agent or online?
A lot of people just prefer to visit with an insurance agent and there is nothing wrong with that. Professional agents can make sure you are properly covered and help in the event of a claim. A good thing about comparing insurance prices online is that you can find cheap insurance rates and still choose a local agent. Buying from and supporting local insurance agencies is important especially in Fort Wayne.
For easy comparison, once you complete this form (opens in new window), your coverage information is transmitted to companies in Fort Wayne that provide free Fort Wayne auto insurance quotes for your insurance coverage. You don’t have to leave your house because prices are sent directly to your email. In the event you want to get a comparison quote from a specific company, feel free to find their quoting web page and fill out their quote form.
If you need to find a good insurance agency, it’s important to understand the different agency structures and how they are distinctly different. Agencies in Fort Wayne are classified as either independent or exclusive depending on the company they work for. Both can insure your vehicles properly, but it’s a good idea to understand the differences since it could factor into buying decisions.
Independent Insurance Agents (or Brokers)
Independent agencies are not employed by any specific company so they can quote policies with many different companies and find you the best rates. To move your coverage to a new company, they can switch companies in-house and you stay with the same agent. If you need cheaper insurance rates, you definitely need to compare prices from at a minimum one independent agency to maximize your price options. Many can place coverage with mutual insurance companies which could offer lower prices.
The following is a short list of independent agents in Fort Wayne that may be able to give you price quote information.
- Hupe Insurance Services
7011 Stellhorn Rd – Fort Wayne, IN 46815 – (800) 701-5909 – View Map - Short Associates, Inc.
2855 E Dupont Rd – Fort Wayne, IN 46825 – (260) 482-7077 – View Map - Masters Insurance Fort Wayne Indiana
4324 Flagstaff Cove – Fort Wayne, IN 46815 – (260) 702-0945 – View Map
Exclusive Insurance Agencies
Exclusive agents write business for a single company and examples are AAA, Allstate, and State Farm. They are unable to place coverage with different providers so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are well schooled on what they offer which helps them sell insurance even at higher premiums. Some people will only use the same agent partially due to the prominence of the brand and solid financial strength.
Listed below are exclusive insurance agencies in Fort Wayne that are able to give comparison quotes.
- Allstate Insurance: Susan L. Law
5308 St Joe Rd – Fort Wayne, IN 46835 – (260) 492-6254 – View Map - Farmers Insurance – Adrian Hernandez
3474 Stellhorn Rd – Fort Wayne, IN 46815 – (260) 485-0122 – View Map - Allstate Insurance: Rolly Bhargava
4660 W Jefferson Blvd Ste 100 – Fort Wayne, IN 46804 – (260) 459-7673 – View Map
Selecting an auto insurance agent should depend on more than just the price. Any agent in Fort Wayne should have no problem answering these questions:
- How would your car be valued if totaled?
- Do they reduce claim amounts on high mileage vehicles?
- Does the quote include credit and driving reports?
- Is every driver in your family covered?
- How many companies do they write for?
- Do they make recommendations based only on price?
- Does the agency support the community they serve?
Get the best coverage at the most affordable price
As you quote Fort Wayne auto insurance, it’s a bad idea to buy poor coverage just to save money. Too many times, consumers will sacrifice liability limits or collision coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to get the best coverage possible at an affordable rate.
You just read some good ideas how to compare Lincoln MKS insurance premium rates in Fort Wayne. It’s most important to understand that the more times you quote, the higher your chance of finding cheaper Fort Wayne auto insurance quotes. Consumers may even find the biggest savings come from the least-expected company. They often have lower prices on specific markets than the large multi-state companies such as Progressive and GEICO.
How to find better rates for Lincoln MKS insurance in Fort Wayne
Truthfully, the best way to get discount auto insurance rates in Fort Wayne is to start comparing prices yearly from insurance carriers who provide car insurance in Indiana.
- First, learn about how companies set rates and the measures you can control to drop your rates. Many rating criteria that cause high rates like speeding and an unacceptable credit rating can be eliminated by improving your driving habits or financial responsibility.
- Second, compare prices from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only provide price estimates from a single company like GEICO or State Farm, while agents who are independent can provide prices from multiple sources.
- Third, compare the price quotes to your existing rates and see if there is a cheaper rate in Fort Wayne. If you can save money and make a switch, make sure there is no lapse in coverage.
The key thing to know about shopping around is that you’ll want to make sure you compare the same level of coverage on every quote and and to get prices from as many companies as feasibly possible. Doing this enables a fair price comparison and a thorough price selection.
More information can be found at the links below
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- Who Has Affordable Fort Wayne Car Insurance Quotes for Drivers with a DUI? (FAQ)
- Where can I buy Insurance? (Insurance Information Institute)
- What is Gap Insurance? (Insurance Information Institute)
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Help Your Teen Be a Better Driver (State Farm)