If saving money is your primary concern, then the best way to get cheaper Lincoln Navigator insurance is to do an annual price comparison from insurance carriers in Cincinnati.
Step 1: Read about policy coverages and the things you can control to keep rates low. Many risk factors that increase rates such as traffic tickets, fender benders, and a bad credit score can be amended by being financially responsible and driving safely. This article gives more ideas to get cheaper rates and get additional discounts.
Step 2: Quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from one company like GEICO and Allstate, while independent agencies can provide rate quotes from many different companies. View companies
Step 3: Compare the new rate quotes to the price on your current policy to determine if switching companies saves money. If you find a lower rate, verify that coverage does not lapse between policies.
A tip to remember is to use similar coverage information on every quote request and and to get rates from every insurance company. This guarantees the most accurate price comparison and the best price quote selection.
Astonishing but true, most insurance customers have bought insurance from the same company for four years or more, and 38% of drivers have never even compared rates from other companies. Cincinnati drivers could save themselves about $730 a year just by shopping around, but they don’t believe how much savings they would realize if they just switched companies.
The companies shown below provide free quotes in Ohio. To buy the best car insurance in OH, it’s a good idea that you visit two to three different companies to find the most competitive auto insurance rates.
Lower rate quotes on Lincoln Navigator insurance in Cincinnati with these insurance discounts
Auto insurance companies don’t always advertise all discounts very well, so we break down a few of the more well known as well as some of the hidden discounts you could be receiving when you buy Cincinnati car insurance online.
- Clubs and Organizations – Being a member of qualifying employment or professional organizations may earn a discount on your next renewal.
- Discounts for Government Workers – Active or retired federal employment could cut as much as 10% off depending on your insurance provider.
- Early Payment Discounts – If you pay your bill all at once as opposed to paying monthly you may reduce your total bill.
- One Accident Forgiven – This one is not really a discount per se, but companies like State Farm and Progressive will forgive one accident before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
- Telematics Data – Policyholders that allow companies to scrutinize driving habits by using a telematics device in their vehicle such as State Farm’s In-Drive could see a rate decrease as long as the data is positive.
- Multi-Vehicle Discounts – Insuring multiple cars on one policy can reduce the rates for all insured vehicles.
- Active Service Discounts – Being on active duty in the military can result in better rates.
- New Car Discount – Buying insurance coverage on a new vehicle may earn a small discount because newer vehicles have to meet stringent safety requirements.
- Passenger Safety Discount – Cars that have air bags or automatic seat belts can get savings of up to 25% or more.
- Anti-theft System – Cars with anti-theft systems help deter theft and that can save you a little bit as well.
A little note about advertised discounts, many deductions do not apply to all coverage premiums. Some only reduce specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like all the discounts add up to a free policy, it’s just not the way it works.
The illustration below compares Lincoln Navigator auto insurance rates with and without policy discounts. The price estimates are based on a female driver, no driving violations, no at-fault accidents, Ohio state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, multi-policy, marriage, homeowner, and claim-free discounts applied.
If you would like to view insurance companies with discount insurance rates in Ohio, click here.
Rates and detailed analysis
The rate table displayed next showcases different prices for Lincoln Navigator models. Understanding more about how insurance prices are formulated can assist in making decisions when shopping around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Navigator L 2WD||$190||$340||$218||$12||$66||$826||$69|
|Navigator L 4WD||$190||$340||$218||$12||$66||$826||$69|
|Get Your Own Custom Quote Go|
Data rating is based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Information does not factor in zip code location which can impact premiums significantly.
Difference between full coverage and liability only rates
The example below illustrates the difference between Lincoln Navigator auto insurance rates with full coverage compared to only the Ohio minimum liability coverage. The premiums are based on no accidents or driving violations, $250 deductibles, single marital status, and no discounts are factored in.
Guidelines for eliminating full coverage
There isn’t a steadfast formula to exclude full coverage on your policy, but there is a general guideline you can use. If the yearly cost of full coverage is more than around 10% of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s assume your Lincoln Navigator replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would receive is $2,000 after paying the physical damage deductible. If you are paying over $200 a year for full coverage, then you might consider buying liability only.
There are some cases where dropping physical damage coverage is not advised. If you haven’t satisfied your loan, you are required to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
The Lincoln Navigator Insurance Premium Equation
Multiple criteria are considered when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, but others are not as apparent like your continuous coverage or your vehicle rating.
Listed below are just a few of the factors that factor into rates.
Consolidating policies can get discounts – Many insurers apply lower prices to clients that buy multiple policies. It’s known as a multi-policy discount. Even if you’re getting this discount you still need to check prices from other companies to help guarantee you have the best rates.
Lower car insurance rates with alarms and GPS tracking – Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft deterrent systems such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop vehicle theft.
Infrequent drivers can save – The more you drive your Lincoln every year the more you’ll pay to insure your vehicle. Most companies calculate rates based upon how you use the vehicle. Autos that do not get driven very much get more affordable rates than cars that get driven a lot. A policy that improperly rates your Navigator may be costing you. It’s a smart idea to ensure your declarations sheet shows the right rating data.
Cheaper rates after marriage – Being married may earn you lower rates compared to being single. It is viewed as being more mature and statistics show being married results in fewer claims.
Bad drivers pay high costs – A bad driving record influences premium rates substantially. Having a single chargeable violation can increase rates by as much as thirty percent. Careful drivers pay lower auto insurance prices compared to bad drivers. Drivers who have gotten careless tickets like DUI, reckless driving or excessive speeding may find that they have to to complete a SR-22 with their state’s licensing department in order to legally drive.
The information below illustrates how traffic citations and at-fault collisions can influence Lincoln Navigator insurance prices for each age group. The premiums assume a single female driver, full physical damage coverage, $100 deductibles, and no discounts are applied.
Insurance losses for a Lincoln Navigator – Insurers analyze the history of losses to help set a rate to offset losses. Models that have a trend towards higher claim severity or frequency will cost more for specific coverages. The table below demonstrates the insurance loss data for Lincoln Navigator vehicles.
For each insurance policy coverage type, the claim probability for all vehicles, regardless of manufacturer or model, is equal to 100. Percentage values below 100 suggest losses that are better than average, while values that are above 100 point to more claims or statistically larger losses.
|Specific Lincoln 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||119|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years