How Much Does 2003 Lincoln Navigator Insurance Cost?

Looking for better insurance coverage rates for your Lincoln Navigator? Paying for high-priced Lincoln Navigator insurance can bleed your personal savings and possibly require you to analyze your spending habits. There is such a variety of auto insurance companies to insure vehicles with, and though it is a good thing to have multiple companies, more choices can make it harder to adequately compare rates.

It’s smart to compare prices as often as possible since insurance rates change frequently. Despite the fact that you may have had the lowest rate on Navigator insurance a few years ago a different company probably has better prices today. Forget all the misinformation about insurance coverage because I’m going to let you in on the secrets to the fastest and easiest way to find the best coverage while lowering your premiums.

Take advantage of with these discounts

Auto insurance is not an enjoyable expense, but you might find some hidden discounts that can help lower your rates. Many of these discounts will be applied automatically at the time of purchase, but some must be manually applied before you will receive the discount. If you don’t get every credit available, you may be paying too high a price.

  • Life Insurance – Not all insurance companies offer life insurance, but some may give you better prices if you take out some life insurance in addition to your auto policy.
  • Save over 55 – Seniors are able to get lower premium rates on Navigator insurance.
  • Accident Forgiveness Coverage – This one is not really a discount per se, but a handful of insurance companies allow you one accident before hitting you with a surcharge with the catch being you have to be claim-free for a specific time period.
  • Anti-theft Discount – Vehicles that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Safety Restraint Discount – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% off the medical payments premium.

Discounts save money, but please remember that some credits don’t apply the the whole policy. The majority will only reduce individual premiums such as medical payments or collision. So even though it sounds like you could get a free auto insurance policy, you’re out of luck. But all discounts will reduce the amount you pay for coverage.

A list of companies and some of their more popular discounts include:

  • American Family has discounts for bundled insurance, multi-vehicle, air bags, accident-free, good driver, and early bird.
  • Nationwide offers discounts for family plan, business or organization, Farm Bureau membership, accident-free, defensive driving, easy pay, and good student.
  • MetLife offers premium reductions for good driver, claim-free, defensive driver, good student, and accident-free.
  • 21st Century discounts include early bird, theft prevention, defensive driver, homeowners, automatic seat belts, driver training, and 55 and older.
  • Farmers Insurance offers discounts including business and professional, alternative fuel, bundle discounts, good student, and multi-car.
  • Allstate may have discounts that include EZ pay plan discount, early signing, safe driver, defensive driver, and farm vehicle.

Check with every insurance company which credits you are entitled to. A few discounts may not apply to policies in every state. If you would like to see a list of providers with significant discounts, click here.

Your situation helps dictate your coverage

When buying the right insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Each situation is unique and your policy should reflect that. These are some specific questions could help you determine if you would benefit from an agent’s advice.

  • Can my babysitter drive my car?
  • Are split liability limits better than a combined single limit?
  • Is other people’s property covered if stolen from my vehicle?
  • Is my teenager covered with friends in the car?
  • Are my friends covered when driving my car?
  • What vehicles should carry emergency assistance coverage?
  • When should I buy a commercial auto policy?
  • Does liability extend to a camper or trailer?
  • Am I covered by my spouse’s policy after a separation?
  • Should I buy full coverage?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Insurance advertising tricks

Consumers can’t ignore all the ads that claim the best auto insurance rates from companies such as 21st Century, Allstate and State Farm. They all make an identical promise that people will save if you move your policy.

It sounds good, but how can they all say the same thing? This is the way they can do it.

Insurance companies look for specific characteristics for the type of customer that is profitable for them. An example of this type of driver may be between 25 and 40, carries high limits, and has a short commute. Anyone who matches those parameters receives the best prices and will probably save if they switch.

People who cannot meet the requirements will get higher rates which translates to the prospect going elsewhere. The ads state “customers who switch” not “everyone that quotes” can get the lowest rates when switching. This is how insurance companies can confidently make those claims.

Because of the profiling, it is so important to do a quote comparison often. It is impossible to predict which insurance companies will fit you best based on your risk profile.

The coverage is in the details

Learning about specific coverages of your insurance policy helps when choosing the best coverages and proper limits and deductibles. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages available from insurance companies.

Auto collision coverage

This will pay to fix damage to your Navigator from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like rolling your car, damaging your car on a curb, scraping a guard rail, crashing into a building and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for things like X-ray expenses, dental work, pain medications and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your Lincoln Navigator.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.

Coverage for liability

This provides protection from injuries or damage you cause to people or other property that is your fault. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle 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. You might see limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage pays for things like medical services, emergency aid and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive coverage

This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as hail damage, a tree branch falling on your vehicle, hitting a bird, damage from a tornado or hurricane and theft. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Quote more. Save more.

We just covered many ways to compare 2003 Lincoln Navigator insurance prices online. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting cheaper insurance coverage. Consumers may even find the most savings is with a smaller regional carrier. They may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

As you restructure your insurance plan, it’s very important that you do not reduce coverage to reduce premium. Too many times, an insured dropped liability limits or collision coverage only to regret at claim time that the few dollars in savings costed them thousands. Your focus should be to purchase a proper amount of coverage at an affordable rate.

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