Lower Your 1991 Lincoln Mark VII Car Insurance Quotes

Have you had enough of robbing Peter to pay Paul to pay your car insurance bill each month? You’re in the same situation as many other consumers.

Having so many insurance companies to choose from, it can be diffult for consumers to find the most affordable insurance company.

Pieces of the Lincoln Mark VII insurance rate puzzle

It’s important that you understand the different types of things that go into determining your car insurance rates. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that can help you get much lower annual insurance costs.

Listed below are some of the items used by your company to calculate your rates.

  • Proper usage rating affects rates – The more miles you rack up on your Lincoln in a year’s time the higher your rates will be. Most companies charge to insure your cars determined by how the vehicle is used. Cars and trucks used primarily for pleasure use can get a lower rate as compared to vehicles used primarily for driving to work. An improperly rated Mark VII can cost quite a bit. Double check that your car insurance policy shows how each vehicle is driven, because it can save money.
  • Choose a safe vehicle and save – Vehicles with high crash test scores are cheaper to insure. The safest vehicles reduce injuries and better occupant protection means less money paid by your insurance company and more competitive rates for policyholders. If your Lincoln is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Don’t let your coverage lapse – Allowing your car insurance policy to lapse is a fast way to pay more for car insurance. And not only will insurance be more expensive, getting caught without coverage might get you a hefty fine and possibly a revoked license.
  • Protect your assets with liability insurance – Liability insurance is the coverage that protects you when a jury decides you are liable for causing damage or personal injury in an accident. It provides legal defense coverage up to the limits shown on your policy. Liability insurance is quite affordable compared to physical damage coverage, so drivers should carry high limits.
  • Little extras can really add up – There are quite a few extra coverages that can waste your money on your car insurance policy. Coverages for vanishing deductibles, accident forgiveness and membership fees are some examples. They may seem good at first, but your needs may have changed so eliminate them to save money.
  • Equipment add-ons that lower car insurance rates – Purchasing a vehicle that has an advanced theft prevention system can get you a discount on your car insurance. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
  • Your spouse saves you money – Getting married actually saves money on your policy. Having a significant other translates into being more mature than a single person and it’s statistically proven that being married results in fewer claims.
  • Discounts for multiple policies – Most insurance companies provide better rates to customers who buy several policies from them. It’s known as a multi-policy discount. Discounts can amount to 10 percent or more. If you currently are using one company, you may still want to compare other company rates to ensure the best deal.

Discounts can save BIG

Companies don’t list all available discounts in an easy-to-find place, so here is a list some of the more common as well as the least known savings tricks you should be using.

  • Accident Forgiveness – Certain companies will allow you to have one accident without raising rates as long as you don’t have any claims for a set time period.
  • E-sign – A few companies will discount your bill up to fifty bucks just for signing your application on their website.
  • Safe Driver Discount – Drivers who don’t get into accidents may receive a discount up to 45% less for Mark VII coverage than their less cautious counterparts.
  • New Car Discount – Buying coverage on a new vehicle can cost up to 25% less since new cars are generally safer.
  • College Student – Children who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
  • Sign Early and Save – A few companies offer discounts for switching policies before your current expiration date. It can save you around 10%.
  • Defensive Driver – Successfully completing a driver safety course could save 5% or more and easily recoup the cost of the course.
  • Auto/Life Discount – Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
  • Low Mileage Discounts – Fewer annual miles on your Lincoln could qualify for better rates on cars that stay parked.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy qualifies for this discount.

Consumers should know that some credits don’t apply the the whole policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like you could get a free insurance coverage policy, companies wouldn’t make money that way.

For a list of insurance companies with the best insurance coverage discounts, click here.

Will just any policy work for me?

When it comes to choosing proper insurance coverage, there isn’t really a “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if your insurance needs will benefit from professional help.

  • When should my teen driver be added to my policy?
  • Am I covered when driving on a suspended license?
  • Am I covered if I hit my neighbor’s mailbox?
  • Am I covered when pulling a rental trailer?
  • How do I file an SR-22 for a DUI in my state?
  • Are rental cars covered under my policy?
  • Should I carry comprehensive and collision coverage?
  • Can I afford to buy a different vehicle if my 1991 Lincoln Mark VII is totaled?
  • Do I need rental car coverage?

If you’re not sure about those questions, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Specific coverage details

Knowing the specifics of your policy aids in choosing appropriate coverage for your vehicles. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages offered by insurance companies.

Comprehensive (Other than Collision) – This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, a tree branch falling on your vehicle, falling objects, rock chips in glass and vandalism. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like ambulance fees, funeral costs, X-ray expenses, nursing services and surgery. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Liability coverages – Liability coverage will cover damage or injury you incur to other people or property by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims like funeral expenses, court costs and attorney fees. How much liability should you purchase? That is up to you, but you should buy higher limits if possible.

Collision coverages – This coverage covers damage to your Mark VII caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as hitting a mailbox, scraping a guard rail, sustaining damage from a pot hole, damaging your car on a curb and rolling your car. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers – This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Lincoln Mark VII.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

The bottom line

In this article, we presented many tips how you can save on 1991 Lincoln Mark VII insurance. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the most savings is with a company that doesn’t do a lot of advertising. They may have significantly lower rates on certain market segments than the large multi-state companies such as Progressive and GEICO.

While you’re price shopping online, it’s very important that you do not buy less coverage just to save a little money. In many instances, someone sacrificed liability limits or collision coverage and learned later that it was a big mistake. The ultimate goal is to buy the best coverage you can find for the lowest price.

Affordable insurance can be found on the web and also from your neighborhood agents, and you need to price shop both to have the best chance of lowering rates. A few companies may not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.

More detailed car insurance information is available by following these links: