Nobody that owns a car likes buying auto insurance, especially when they know their premiums are through the roof.
Amazingly, most auto insurance customers have purchased from the same company for over three years, and approximately 38% of consumers have never compared rates from other carriers. Many consumers in Nevada could cut their rates by nearly $550 a year by just comparing quotes, but most tend to underestimate how much they could save if they bought a different policy.
There are many car insurance companies to choose from, and although it's a good thing to have a selection, it makes it harder to find the best rates for Lincoln MKZ insurance in Las Vegas.
Smart consumers take time to do rate comparisons periodically since rates change regularly. Even if you got the best premium rates on Lincoln MKZ insurance in Las Vegas a few years ago other companies may now be cheaper. There is too much inaccurate information about MKZ insurance out there, but in this article, you're going to get a lot of great tips on how to slash your auto insurance rates in Las Vegas.
Locating the best insurance company for you in Las Vegas is not that difficult as long as you know where to start. If you have a policy now, you should be able to reduce the price you pay using these techniques. Nevertheless, Nevada vehicle owners must understand how insurance companies compete online.
Discounts mean cheaper rates for Lincoln MKZ insurance in Las Vegas
Not too many consumers would say insurance is affordable, but you might find some hidden discounts that can dramatically reduce your bill. Larger premium reductions will be automatically applied when you complete an application, but some may not be applied and must be specifically requested prior to receiving the credit.
- Driver's Ed - Teen drivers should take driver's ed class if it's offered in school.
- Multi-policy Discount - If you can bundle your auto and homeowners insurance and place coverage with the same company you may earn at least 10% off all policies.
- Seat Belt Discounts - Drivers who always wear seat belts and also require passengers to use their safety belts can save up to 15% off PIP or medical payments premium.
- Telematics Data - People who choose to allow driving data collection to track when and where they use their vehicle by installing a telematics device such as Allstate's Drivewise and State Farm's In-Drive system could possibly reduce rates if their driving habits are good.
- Online Discount - Many insurance companies give back up to $50 for signing up on the web.
- Pay Early and Save - If you pay your entire premium ahead of time rather than spreading payments over time you may have a lower total premium amount.
Just know that some of the credits will not apply to your bottom line cost. Some only apply to specific coverage prices like liability, collision or medical payments. Just because you may think adding up those discounts means a free policy, you're out of luck. Any amount of discount should help reduce your overall bill.
Some companies that may include many of the previously listed discounts include:
If you want the cheapest Lincoln MKZ rate quotes, ask every insurance company which discounts they offer. Some of the earlier mentioned discounts may not be available in Las Vegas.
When comparison shopping, there are several ways to compare prices from local Las Vegas auto insurance companies. The fastest way to find competitive Lincoln MKZ insurance rates involves getting comparison quotes online.
Doing price comparisons online is so simple that it replaces the need to drive to insurance agencies in your area. Doing it all online has made agencies unnecessary unless you're the type of person who wants the personal advice of an agent trained in personal lines coverage. Although, it is possible compare online quotes but buy the policy through an agent. Just keep in mind that quoting more increases your odds of finding the best rates. Some companies don't provide rate quotes online, so it's recommended that you also compare rates from those companies as well.
The companies in the list below have been selected to offer comparison quotes in Nevada. If multiple companies are shown, we recommend you visit two to three different companies to find the cheapest car insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|MKZ 4-Dr Sedan||$258||$670||$394||$24||$118||$1,464||$122|
|MKZ AWD 4-Dr Sedan||$212||$430||$356||$22||$106||$1,126||$94|
|Get Your Own Custom Quote Go|
Above prices assume married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Price information does not factor in the specific area where the vehicle is garaged which can revise coverage rates greatly.
Comparison of auto insurance rates by gender and age
The chart below shows the difference between Lincoln MKZ annual premium costs for male and female drivers. The data assumes no claims or driving violations, comp and collision included, $100 deductibles, drivers are single, and no policy discounts are applied.
Does full coverage make sense?
The information below shows the comparison of Lincoln MKZ insurance prices with full coverage and liability only. The premium estimates are based on no violations or claims, $1,000 deductibles, married male driver, and no discounts are taken into consideration.
Guidelines for dropping full coverage
There is no clear-cut formula of when to exclude physical damage coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost minus the deductible, then you might consider buying liability only.
For example, let's pretend your Lincoln MKZ book value is $4,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $3,000 after paying the physical damage deductible. If premiums are more than $300 a year for your policy with full coverage, then you might want to think about dropping full coverage.
There are some cases where buying only liability insurance is not a good idea. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not opt for liability only.
How much insurance do I need?
Keep in mind that when it comes to choosing the right insurance coverage, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions can help discover if your insurance needs would benefit from an agent's advice.
- How much will a speeding ticket raise my rates?
- Can my babysitter drive my car?
- Should I bundle my homeowners policy with my auto?
- Do I need an umbrella policy?
- Why do I only qualify for high-risk insurance?
- Am I covered by my employer's commercial auto policy when driving my personal car for business?
- Can I pay claims out-of-pocket if I buy high deductibles?
- What are the liability requirements in my state?
If you're not sure about those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier
Should I get advice from an insurance agency?
Some consumers would rather visit with an insurance agent and that is a smart decision The biggest benefit of comparing insurance prices online is that you can obtain better rates and still buy from a local agent.
For easy comparison, once you complete this form (opens in new window), your coverage information is immediately sent to agents in your area who will give competitive quotes for your business. You don't have to leave your computer because prices are sent directly to your email. Get lower rates and a licensed agent to work with. If you have a need to compare rates from one company in particular, just visit that company's website and give them your coverage information.
Finding the right insurance company requires you to look at more than just a cheap price. Ask your prospective agent these questions:
- Do they have designations such as AIC, CPCU, or CIC?
- How much can you save by raising your physical damage deductibles?
- What will you get paid if your car is a total loss? How is that amount determined?
- Does the company have a solid financial rating?
- Does the company have a local claim office in Las Vegas?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
Two types of Las Vegas car insurance agents
If you prefer to buy insurance from a local Las Vegas insurance agent, it can be helpful to understand the different agency structures and how they differ in how they quote coverages. Agents in Las Vegas can either be independent agents or exclusive agents.
Exclusive Insurance Agents
Exclusive agents generally can only insure with one company such as State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot shop your coverage around so always compare other rates. Exclusive insurance agents are well trained in insurance sales which can be an advantage.
Shown below is a list of exclusive agencies in Las Vegas that are able to give comparison quotes.
Juan Diaz - State Farm Insurance Agent
1718 S Eastern Ave - Las Vegas, NV 89104 - (702) 489-4242 - View Map
Independent Insurance Agencies
Agents that elect to be independent are not employed by one company and that is an advantage because they can write policies with many different companies and possibly get better coverage at lower prices. If you want to switch companies, they simply move the coverage in-house and you can keep the same agent.
If you are comparing rate quotes, you should always get rate quotes from at least one independent agent in order to compare the most rates.
Shown below are independent agencies in Las Vegas willing to provide comparison quotes.
After getting good responses to any questions you have and an acceptable price quote, it's a good possibility that you have found an auto insurance agent that will properly service your insurance policy.
More effort can pay off
Cheaper Lincoln MKZ insurance in Las Vegas is available online and with local Las Vegas insurance agents, so get free Las Vegas auto insurance quotes from both of them to have the best rate selection. Some insurance companies may not have online price quotes and these regional insurance providers sell through local independent agents.
We've covered a lot of tips how to find affordable Lincoln MKZ insurance in Las Vegas. The most important thing to understand is the more companies you get prices for, the higher the chance of saving money. You may even be surprised to find that the lowest premium rates are with an unexpected company. These smaller insurers can often provide lower prices in certain areas than the large multi-state companies such as State Farm, GEICO and Nationwide.
More detailed car insurance information can be found in these articles:
- Electronic Stability Control FAQ (iihs.org)
- What is the Best Cheap Auto Insurance in North Las Vegas, NV? (FAQ)
- What is the Cheapest Car Insurance in Las Vegas, Nevada? (FAQ)
- Which Company has the Cheapest Auto Insurance in Fallon, Nevada? (FAQ)
- Who Has Affordable Nevada Car Insurance Rates for a 20 Year Old Male? (FAQ)
- What Auto Insurance is Cheapest for Unemployed Drivers in Nevada? (FAQ)
- Distracted Driving Statistics (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)