Do you get exhausted from robbing Peter to pay Paul to buy insurance? You have the same problem as millions of other consumers.
A recent survey discovered that a large majority of consumers have stayed with the same insurance company for four years or more, and 38% of drivers have never even compared rates from other companies. Many drivers in Madison could save 30% a year just by comparing rates, but they think it’s difficult to compare rate quotes.
Steps to finding cheaper Lincoln Navigator insurance in Madison
The best way to find affordable Lincoln Navigator insurance in Madison is to start comparing rates regularly from companies who sell insurance in Wisconsin. Drivers can shop around by completing these steps.
- Spend some time learning about policy coverages and the measures you can take to keep rates down. Many factors that cause rate increases like speeding tickets, accidents and an unfavorable credit rating can be remedied by paying attention to minor details. This article provides the details to help find cheaper rates and find additional discounts.
- Request price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from one company like Progressive or Farmers Insurance, while independent agents can provide rate quotes from multiple insurance companies.
- Compare the new rate quotes to your existing rates to see if a cheaper price is available in Madison. If you can save money and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
The most important part of shopping around is to make sure you enter identical coverages on each quote request and to quote with as many car insurance companies as possible. Doing this enables a fair price comparison and many rates to choose from.
Many auto insurance companies compete to insure your vehicles, and it can be difficult to compare rates to discover the definitive cheapest price on Lincoln Navigator insurance in Madison.
It is always a good idea to compare prices before your policy renews because insurance rates fluctuate regularly. Even if you got the lowest rate on Lincoln Navigator insurance in Madison a year ago the chances are good that you can find a lower price today. Forget all the misinformation about insurance because you’re about to learn the easiest way to properly buy coverages while reducing your premium.
Discounts can help to save on Lincoln Navigator insurance in Madison
Some companies don’t necessarily list every policy discount in an easy-to-find place, so here is a list a few of the more common and also the lesser-known savings tricks you should be using when you buy Madison car insurance online.
- Drive Less and Save – Fewer annual miles on your Lincoln could earn better car insurance rates on cars that stay parked.
- Multi-policy Discount – When you have multiple policies and place coverage with the same company you could save at least 10 to 15 percent or more.
- Theft Deterrent System – Cars and trucks with anti-theft systems are stolen with less frequency and will qualify for a discount on a Madison car insurance quote.
- Discounts for Safe Drivers – Insureds who avoid accidents may save up to 50% more as compared to drivers with claims.
- Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of 25 to 30%.
Don’t be shocked that some of the credits will not apply to the entire cost. Some only reduce individual premiums such as liability and collision coverage. So when the math indicates you can get free auto insurance, you’re out of luck.
The information below compares Lincoln Navigator car insurance rates with and without discounts applied to the policy premium. The rates are based on a female driver, no claims, a clean driving record, Wisconsin state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, marriage, homeowner, claim-free, and multi-policy discounts applied.
A list of car insurance companies and their offered discounts are included below.
- GEICO includes discounts for good student, driver training, multi-policy, defensive driver, five-year accident-free, daytime running lights, and anti-lock brakes.
- Mercury Insurance may offer discounts for multi-policy, age of vehicle, anti-theft, multi-car, and low natural disaster claims.
- Farmers Insurance has savings for distant student, pay in full, switch companies, homeowner, and mature driver.
- Auto-Owners Insurance has discounts for anti-theft, teen driver, paperless, multi-policy, and safe driver.
- Liberty Mutual may include discounts for new vehicle discount, exclusive group savings, new graduate, new move discount, and newly married.
- SAFECO may have discounts that include drive less, anti-theft, anti-lock brakes, homeowner, and multi-car.
- Progressive offers discounts for online quote discount, continuous coverage, online signing, homeowner, multi-vehicle, multi-policy, and good student.
- USAA policyholders can earn discounts including safe driver, new vehicle, good student, loyalty savings, multi-policy, military installation, and defensive driver.
Double check with each company the best way to save money. All car insurance discounts might not apply everywhere. To view insurance companies that have a full spectrum of discounts in Madison, follow this link.
Many insurance companies like State Farm, Allstate and GEICO give coverage price quotes on their websites. Getting quotes for Lincoln Navigator insurance in Madison is very simple as all you need to do is type in your coverage preferences on the page. After you submit the form the company’s rating system requests your credit score and driving record and generates pricing information. Being able to quote online for Lincoln Navigator insurance in Madison simplifies rate comparisons, and it’s necessary to do this if you are searching for the best rate on insurance.
In order to compare rates now, compare quotes from the companies shown below. If you currently have coverage, we recommend you duplicate deductibles and limits as close as possible to your current policy. This guarantees you will be getting comparison quotes based on identical coverages.
The companies shown below are our best choices to provide price quotes in Wisconsin. If you want to find the best auto insurance in Madison, we recommend you compare several of them to get a more complete price comparison.
Insurance rate breakdown
The premium information displayed below outlines different coverage costs for Lincoln Navigator models. Having a better idea how rate quotes are figured can assist in making smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Navigator 2WD | $118 | $264 | $260 | $16 | $78 | $736 | $61 |
| Navigator 4WD | $118 | $264 | $260 | $16 | $78 | $736 | $61 |
| Navigator L 2WD | $130 | $264 | $260 | $16 | $78 | $748 | $62 |
| Navigator L 4WD | $130 | $264 | $260 | $16 | $78 | $748 | $62 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Information does not factor in your specific Madison location which can impact premiums substantially.
How high should deductibles be?
When comparing car insurance rates, the most common question is which deductibles should you choose. The premium rates below help summarize the price difference between high and low coverage deductibles. The first rate table uses a $100 comprehensive and collision deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Navigator 2WD | $248 | $484 | $230 | $14 | $68 | $1,069 | $89 |
| Navigator 4WD | $248 | $484 | $230 | $14 | $68 | $1,069 | $89 |
| Navigator L 2WD | $274 | $484 | $230 | $14 | $68 | $1,095 | $91 |
| Navigator L 4WD | $274 | $484 | $230 | $14 | $68 | $1,095 | $91 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Navigator 2WD | $182 | $328 | $230 | $14 | $68 | $822 | $69 |
| Navigator 4WD | $182 | $328 | $230 | $14 | $68 | $822 | $69 |
| Navigator L 2WD | $200 | $328 | $230 | $14 | $68 | $840 | $70 |
| Navigator L 4WD | $200 | $328 | $230 | $14 | $68 | $840 | $70 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Premium amounts do not factor in the specific area where the vehicle is garaged which can impact rates noticeably.
We can estimate from the data above that using a $100 deductible will cost in the ballpark of $20 more each month or $240 annually than quoting the higher $500 deductible. Since you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you average at least 20 months between claims, you would more than likely save some money if you elect the higher deductible.
How to determine if raising deductibles makes sense
| Average monthly premium for $100 deductibles: | $90 |
| Average monthly premium for $500 deductibles (subtract): | – $70 |
| Monthly savings from raising deductible: | $20 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $20 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 20 months |
One thing to be aware of is that increasing deductibles to lower your rates results in more money out-of-pocket when you have a comprehensive or collision claim. That will necessitate some money saved in the event you have to pay the deductible to have repairs made.
The diagram below shows how choosing a deductible and can raise or lower Lincoln Navigator insurance prices for different age groups. The information is based on a married male driver, full physical damage coverage, and no policy discounts are applied.
Illustration showing the impact of accidents and violations
The illustration below illustrates how traffic citations and at-fault accidents can increase Lincoln Navigator annual premium costs for different age groups. The rates are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.
Lincoln Navigator insurance rates by gender
The example below shows the comparison of Lincoln Navigator annual premium costs for male and female drivers. The premiums are based on no violations or accidents, full coverage, $500 deductibles, single marital status, and no discounts are applied.
What is the best insurance coverage?
When quoting and comparing the best insurance coverage for your personal vehicles, there really is no cookie cutter policy. Your needs are unique to you so your insurance needs to address that. Here are some questions about coverages that might point out whether you might need an agent’s assistance.
- How much coverage applies to personal belongings?
- Am I covered when pulling a rental trailer?
- How high should my medical payments coverage be?
- Why do I have to buy liability insurance?
- What is no-fault insurance?
- Who does medical payments coverage extend to?
- At what point should I drop full coverage?
- Can I afford to pay high deductible claims out of pocket?
If you can’t answer these questions, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area.
When to have guidance from an agent
A lot of people just want to talk to an insurance agent and doing so can bring peace of mind A nice benefit of getting online price quotes is you may find cheap car insurance rates and still choose a local agent. Supporting local insurance agencies is still important in Madison.
Once you complete this short form, your information is sent to local insurance agents who will give competitive quotes for your car insurance coverage. You never need to find an agent on your own due to the fact that quote results will go to your email. Get lower rates and work with a local agent. In the event you want to compare prices from a specific company, you would need to visit that company’s website and fill out their quote form.
Finding the right provider requires you to look at more than just the bottom line cost. These are valid questions to ask:
- How long has their agency been open in Madison?
- Can glass claims be handled at your home?
- Do they specialize in personal lines coverage in Madison?
- Does the agent recommend any additional coverage?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Are claims handled at the agent’s location?
Auto insurance does more than just repair your car
Despite the fact that auto insurance is not cheap in Madison, maintaining insurance serves an important purpose.
First, almost all states have mandatory liability insurance requirements which means the state requires specific limits of liability if you want to drive legally. In Wisconsin these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your vehicle, more than likely the lender will force you to buy full coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the bank may insure your Lincoln at a much higher rate and make you pay a much higher amount than you were paying before.
Third, insurance protects not only your Lincoln Navigator but also your assets. Insurance will pay for medical bills for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to repair the damage.
The benefits of carrying adequate insurance definitely exceed the price paid, particularly for liability claims. Today the average American driver is currently overpaying as much as $850 per year so you should quote rates at every policy renewal to make sure the price is not too high.
Insurance specifics
Having a good grasp of insurance can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverage types found on the average insurance policy.
Collision coverage
This covers damage to your Navigator resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision coverage protects against things such as scraping a guard rail, crashing into a ditch and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to increase the deductible on your Navigator to bring the cost down.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as X-ray expenses, hospital visits and prosthetic devices. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay
Comprehensive (Other than Collision)
Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive can pay for things such as hail damage, falling objects, rock chips in glass and a broken windshield. The most a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Auto liability
This coverage protects you from damages or injuries you inflict on people or other property in an accident. It protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/10 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $10,000 paid for damaged property. Alternatively, you may have a combined limit which provides one coverage limit without having the split limit caps.
Liability insurance covers claims like repair costs for stationary objects, repair bills for other people’s vehicles and loss of income. How much coverage you buy is your choice, but you should buy higher limits if possible. Wisconsin requires minimum liability limits of 25/50/10 but you should think about purchasing higher limits.
The next chart shows why the minimum limit may not provide adequate coverage.
Protection from uninsured/underinsured drivers
This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your Lincoln Navigator.
Due to the fact that many Wisconsin drivers carry very low liability coverage limits (which is 25/50/10), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently these coverages are identical to your policy’s liability coverage.
Find affordable car insurance prices by comparing often
Some insurance providers do not offer price quotes online and many times these small insurance companies sell through independent insurance agents. Budget-conscious Lincoln Navigator insurance can be bought on the web in addition to local insurance agencies, and you should compare price quotes from both to have the best chance of lowering rates.
When getting Madison car insurance quotes online, never reduce coverage to reduce premium. In too many instances, someone dropped comprehensive coverage or liability limits and found out when filing a claim that the savings was not a smart move. Your objective should be to buy enough coverage at the best possible price while still protecting your assets.
We covered some good ideas how you can shop for Lincoln Navigator insurance online. The key concept to understand is the more quotes you get, the better chance you’ll have of finding the cheapest Lincoln Navigator rate quotes. Consumers may even find the most savings is with some of the lesser-known companies. These companies may cover specific market segments cheaper than their larger competitors like GEICO and State Farm.
Steps to buying low-cost Lincoln Navigator insurance in Madison
The most effective way to get more affordable Lincoln Navigator insurance is to regularly compare price quotes from insurance carriers in Madison.
- Step 1: Gain an understanding of how insurance companies determine prices and the things you can control to keep rates down. Many rating criteria that are responsible for high rates such as accidents, careless driving, and an unacceptable credit rating can be controlled by improving your driving habits or financial responsibility.
- Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from one company like Progressive and State Farm, while agents who are independent can give you price quotes from multiple sources.
- Step 3: Compare the new rate quotes to your existing rates to see if a cheaper price is available. If you can save some money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Notify your current company to cancel your current auto insurance policy. Submit payment and a signed application to your new agent or company. As soon as coverage is bound, put the proof of insurance certificate in your vehicle.
The most important part of this process is to make sure you enter the same coverage limits and deductibles on each quote and and to get rates from as many different companies as possible. Doing this helps ensure a fair rate comparison and maximum price selection.
Additional learning opportunities
- Understanding Car Crashes Video (iihs.org)
- Who Has the Cheapest Car Insurance Quotes for Postal Workers in Madison? (FAQ)
- What Car Insurance is Cheapest for Good Drivers in Madison? (FAQ)
- Who Has Cheap Car Insurance for a Chevrolet Silverado in Madison? (FAQ)
- How Much is Madison Car Insurance for a Dodge Ram? (FAQ)
- Who Has Affordable Auto Insurance Rates for Uninsured Drivers in Madison? (FAQ)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Event Data Recorders FAQ (iihs.org)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- Auto Crash Statistics (Insurance Information Institute)