Do you need a fast way to compare lower-priced Lincoln MKZ insurance in Tampa? Did you come to the realization that you have an under-performing, overpriced auto insurance policy? You’re preaching to the choir because there are many Tampa drivers thinking the same thing.
Smart shoppers know that insurance companies don’t want you shop around. People who compare rates once a year are likely to move their business because there is a high probability of finding discount prices. A recent study showed that people who regularly shopped around saved on average $3,450 over four years compared to those who didn’t regularly shop around.
If finding the lowest price on auto insurance in Tampa is your goal, then having a good understanding how to find and compare insurance rates can make it simple to find affordable coverage. People have many auto insurance companies to insure vehicles with, and although it’s nice to have a selection, too many choices makes it more difficult to get the best deal for Lincoln MKZ insurance in Tampa.
Finding the cheapest car insurance coverage in Tampa is much easier if you know where to start. If you have coverage now or just want cheaper rates, you can follow these tips to reduce premiums and still have adequate protection. Consumers just need to use the proper methods to get comparison rates from many different companies.
The companies shown below can provide free rate quotes in Florida. To get cheaper car insurance in Tampa, we suggest you compare several of them in order to get a fair rate comparison.
Lincoln MKZ coverage statistics
The price information below showcases different insurance policy prices for Lincoln MKZ models. Having insight into how insurance quotes are figured is important for drivers to make smart policy decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|MKZ 4-Dr Sedan||$352||$722||$480||$28||$144||$1,726||$144|
|MKZ AWD 4-Dr Sedan||$352||$722||$480||$28||$144||$1,726||$144|
|Get Your Own Custom Quote Go|
Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Rates do not factor in vehicle location which can raise or lower price quotes substantially.
The chart below demonstrates how deductible levels and can influence Lincoln MKZ insurance premiums for different categories of driver ages. The data is based on a married female driver, full physical damage coverage, and no additional discounts are factored in.
Lincoln MKZ insurance costs by age and gender
The information below illustrates the difference between Lincoln MKZ insurance rates for male and female drivers. The premium estimates are based on no accidents, no driving violations, comprehensive and collision coverage, $100 deductibles, single marital status, and no policy discounts are applied.
Buying the right Lincoln vehicle insurance in Florida is an important decision
Despite the potentially high cost of Lincoln MKZ insurance, buying insurance may be required for several reasons.
- Just about all states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance in order to drive the car. 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.
- If you bought your vehicle with a loan, most banks will have a requirement that you have full coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your Lincoln at a much higher premium rate and require you to fork over for the expensive policy.
- Insurance preserves both your Lincoln and your assets. It will also provide coverage for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, will also pay attorney fees in the event you are sued. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of buying enough insurance definitely exceed the price paid, particularly for liability claims. On average, a vehicle owner in Tampa overpays as much as $700 annually so you should quote and compare rates each time the policy renews to ensure rates are competitive.
Auto insurance policy specifics
Having a good grasp of your policy aids in choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverages available from auto insurance companies.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for ambulance fees, dental work, EMT expenses and surgery. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Protection from uninsured/underinsured drivers – This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your Lincoln MKZ.
Since a lot of drivers only purchase the least amount of liability that is required (10/20/10), it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.
Collision coverage – Collision insurance covers damage to your MKZ resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for things such as backing into a parked car, damaging your car on a curb and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible on your MKZ to save money on collision insurance.
Comprehensive (Other than Collision) – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as a broken windshield, hail damage, falling objects, fire damage and damage from getting keyed. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Liability – Liability coverage provides protection from damage that occurs to a person or their property in an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 10/20/10 that translate to a limit of $10,000 per injured person, a per accident bodily injury limit of $20,000, and $10,000 of coverage for damaged property.
Liability coverage protects against claims such as medical expenses, bail bonds, attorney fees, emergency aid and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but buy higher limits if possible. Florida state minimum liability requirements are 10/20/10 but you should consider buying higher limits.
The next chart demonstrates why buying low liability limits may not be adequate coverage.
Best auto insurance in Tampa
Picking a highly-rated insurer is hard considering how many different companies insure vehicles in Tampa. The ranking information in the lists below could help you choose which auto insurance companies you want to consider to insure your vehicles.
Top 10 Tampa Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance