A study showed that the vast majority of consumers in Florida kept buying from the same company for well over three years, and almost half have never quoted auto insurance rates at all. Many consumers in America can save hundreds of dollars each year just by getting comparison quotes, but most tend to underestimate the amount of money they would save if they switched to a more affordable policy.
It takes a little time, but the best way to get discount Lincoln Navigator insurance is to start doing an annual price comparison from providers in Jacksonville. Prices can be compared by following these guidelines.
- First, spend a few minutes and learn about how insurance companies determine prices and the steps you can take to lower rates. Many risk factors that are responsible for high rates such as at-fault accidents, careless driving, and an unacceptable credit history can be controlled by improving your driving habits or financial responsibility. Continue reading for ideas to get cheaper coverage and get additional discounts that may have been overlooked.
- Second, compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from one company like GEICO and State Farm, while independent agents can quote rates for many different companies.
- Third, compare the new rates to your existing rates to determine if switching companies saves money. If you find a lower rate quote and buy the policy, ensure coverage does not lapse between policies.
One tip to remember is to compare the same physical damage deductibles and liability limits on every quote and and to compare as many companies as feasibly possible. Doing this provides a fair rate comparison and many rates to choose from.
Learn How to Lower Your Insurance Costs
Many different elements are used in the calculation when you get your auto insurance bill. Most are fairly basic like your driving record, but some are less obvious like your continuous coverage and annual miles driven.
The following are a few of the "ingredients" used by insurance companies to determine your premiums.
- Always keep your policy in force - Having a lapse in insurance coverage will be a quick way to drive up your policy premiums. In addition to paying higher premiums, not being able to provide proof of insurance might get you a fine, jail time, or a revoked license.
The type of car, truck or SUV makes a difference - The make and model of the car or truck you need insurance for makes a big difference in determining your rates. The lowest performance passenger vehicles generally receive the lowest base rates, but many other things help determine your insurance rates.
The following data is based on a single male driver age 50, full coverage with $1000 deductibles, and no discounts or violations. It shows Lincoln Navigator insurance premiums compared to other models that have a range of risk factors.
- Vehicle features impact prices - Driving a car with an alarm system can save you some money. Systems that thwart thieves such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar help track and prevent your car from being stolen.
Cheaper to insure gals? - Over time, data shows that females take fewer risks when driving. That doesn't necessarily mean that females are better drivers. Females and males get in fender benders in similar percentages, but men get into accidents with more damage. Men also get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers cause the most accidents and therefore are the most expensive to insure.
The example below shows the difference between Lincoln Navigator auto insurance rates for male and female drivers. The premium estimates are based on a clean driving record, no claims, comprehensive and collision coverage, $500 deductibles, drivers are single, and no discounts are applied to the premium.
- Save money by having multiple policies - Many companies give discounts to people who have multiple policies with them, otherwise known as a multi-policy discount. Discounts can amount to 10 percent or more. Even if you already get this discount, you may still want to get quotes from other companies to verify if the discount is saving money. You may still find a better deal by insuring with multiple companies.
Lincoln Navigator insurance loss data - Companies take into consideration insurance loss statistics for every vehicle to calculate a rate that offsets possible losses. Vehicles that have higher loss trends will have higher rates.
The data below shows the historical loss data for Lincoln Navigator vehicles. For each type of coverage, the claim probability for all vehicles, regardless of make or model, is set at 100. Percentages below 100 are indicative of better than average losses, while numbers above 100 indicate a higher chance of having a claim or statistically larger claims.
Lincoln Navigator Insurance Loss Statistics Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Lincoln Navigator 4dr 2WD 109 114 61 Lincoln Navigator 4dr 4WD 93 89 82 Lincoln Navigator L 4dr 2WD 129 69 Lincoln Navigator L 4dr 4WD 101 116 119BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Compare Lincoln Navigator insurance rates
The companies in the list below provide quotes in Florida. If multiple companies are listed, it's highly recommended you visit as many as you can to get a more complete price comparison.
Car insurance data for a Lincoln Navigator
The information shown below covers detailed analysis of insurance rates for Lincoln Navigator models. Being aware of how insurance policy rates are calculated is important for drivers to make smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Navigator L 2WD||$330||$546||$430||$26||$128||$1,460||$122|
|Navigator L 4WD||$330||$546||$430||$26||$128||$1,460||$122|
|Get Your Own Custom Quote Go|
Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Information does not factor in the specific area where the vehicle is garaged which can influence premium rates substantially.
The illustration below shows how choosing a deductible and can increase or decrease Lincoln Navigator insurance prices for different insured age categories. The prices are based on a single female driver, comprehensive and collision coverage, and no discounts are factored in.
Reckless driving habits raise car insurance rates
The information below illustrates how traffic citations and at-fault claims can affect Lincoln Navigator insurance premiums for different age groups of insureds. The premiums are based on a single female driver, comp and collision included, $250 deductibles, and no discounts are factored in.
Does it make sense to buy full coverage?
The example below shows the difference between Lincoln Navigator premium costs with liability coverage only compared to full coverage. The premiums assume no violations or accidents, $100 deductibles, single marital status, and no discounts are taken into consideration.
When to stop buying full coverage
There is no set rule for dropping comp and collision coverage, but there is a general school of thought. If the annual cost of your full coverage insurance is more than about 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let's assume your Lincoln Navigator book value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after you pay the deductible. If it's costing in excess of $200 annually for your policy with full coverage, then you might want to think about dropping full coverage.
There are a few cases where dropping physical damage coverage is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you don't have enough money to buy a different vehicle if your current one is totaled, you should not drop full coverage.
Auto insurance protects more than just your car
Despite the fact that auto insurance is not cheap in Jacksonville, auto insurance is required for several reasons.
First, just about all states have mandatory liability insurance requirements which means you are required to buy a specific minimum amount of liability in order to get the vehicle licensed. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your vehicle, almost every bank will require you to buy insurance to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the lender may insure your Lincoln at a much higher rate and make you pay for the much more expensive policy.
Third, insurance protects both your assets and your vehicle. It will also cover medical expenses for yourself as well as anyone injured by you. Liability insurance, one of your policy coverages, will also pay attorney fees if you cause an accident and are sued. If mother nature or an accident damages your car, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of having insurance outweigh the cost, particularly for liability claims. According to a 2015 survey, the average American driver is overpaying more than $865 each year so we recommend shopping around at every renewal to save money.
Auto insurance policy discounts you can't miss
Properly insuring your vehicles can get expensive, but you may be missing some discounts that many consumers don't even know exist. Larger premium reductions will be automatically applied at the time of purchase, but once in a while a discount must be inquired about prior to getting the savings.
- Student Driver Training - Cut your cost by having your teen driver successfully take a driver's education course as it can save substantially.
- Senior Discount - Drivers that qualify as senior citizens can get a small discount on rates.
- Jacksonville Homeowners Discount - Owning your own home or condo can save you money because of the fact that having a home requires a higher level of personal finance.
- Accident Waiver - Not necessarily a discount, but a handful of insurance companies may permit one accident without the usual rate increase with the catch being you have to be claim-free for a specific time period.
- Active Service Discounts - Being on active deployment in the military could trigger a small discount.
- Theft Deterrent - Cars, trucks, and SUVs that have factory anti-theft systems are stolen less frequently and will save you 10% or more on Navigator insurance in Jacksonville.
- Anti-lock Brakes - Vehicles that have steering control and anti-lock brakes have fewer accidents and will save you 10% or more on Navigator insurance in Jacksonville.
One thing to note about discounts is that most of the big mark downs will not be given to the entire cost. Most cut the price of certain insurance coverages like liability and collision coverage. So even though you would think you could get a free auto insurance policy, that's just not realistic.
The illustration below shows the comparison of Lincoln Navigator premium costs with and without discounts applied to the policy premium. The price estimates are based on a male driver, no accidents, no driving violations, Florida state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, claim-free, homeowner, marriage, and multi-policy discounts applied.
To view insurance companies that can offer you the previously mentioned discounts in Jacksonville, click this link.
Local Jacksonville car insurance agents and insurance
Many people just prefer to sit down and talk to an agent and doing that can be a smart decision Experienced insurance agents can make sure you are properly covered and help you file claims. An additional benefit of price shopping on the web is you can get better rates and still have an agent to talk to.
To find an agent, once you fill out this simple form, your insurance coverage information is transmitted to local insurance agents in Jacksonville that provide free Jacksonville auto insurance quotes to get your business. You won't need to visit any agencies since price quotes are sent to you instantly. If you need to get a rate quote for a specific company, just jump over to their website and complete a quote there.
Finding the right insurance company shouldn't rely on just the quoted price. Ask your prospective agent these questions:
- Does the agency have a current Errors and Omissions policy?
- Do they offer accident forgiveness?
- Do they have any clout with companies to ensure a fair claim settlement?
- If you raise deductibles, how much can you save?
- Will you get a loaner vehicle if you car is being repaired?
- What insurance companies do they work with in Jacksonville?
What insurance coverages do I need?
Always remember that when buying coverage for your personal vehicles, there is no best way to insure your cars. Every situation is different and a cookie cutter policy won't apply. For example, these questions may help you determine if you may require specific advice.
- What if a claim settlement is too low?
- What is an SR-22 filing?
- Are rock-chip repairs free?
- Does having multiple vehicles earn me a discount?
- Which companies are cheaper for teen drivers?
- Do I get a pro-rated refund if I cancel my policy early?
- What does medical payments coverage do?
If you can't answer these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It's fast, doesn't cost anything and can provide invaluable advice.
Cheaper coverage is out there
We covered a lot of ways to save on Lincoln Navigator insurance in Jacksonville. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. Drivers may even discover the biggest savings come from a small mutual company. Regional companies may have significantly lower prices on certain market segments than the large multi-state companies such as State Farm and Allstate.
When buying insurance coverage, don't be tempted to reduce coverage to reduce premium. There are many occasions where consumers will sacrifice liability coverage limits only to regret they didn't purchase enough coverage. Your objective should be to buy the best coverage you can find at the best price.
Helpful learning opportunities
- Vehicle Insurance in the U.S. (Wikipedia)
- Who Has Affordable Car Insurance Quotes for Unemployed Drivers in Jacksonville? (FAQ)
- How Much are Auto Insurance Quotes for a Toyota Camry in Jacksonville? (FAQ)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)