Do you want a faster way to compare more affordable Lincoln MKS insurance in Louisville? When shopping for lower-priced insurance, do you get confused by the sheer number of insurance choices available to you? There are so many choices that it can quickly become a burden to find the lowest price for Lincoln MKS insurance in Louisville. If you’ve ever been there, you know that Louisville is a good city to live in, but expensive insurance rates makes it impossible to afford good insurance coverage.
It’s an obvious statement that car insurance companies don’t want their customers to go rate shopping. Insureds who shop around for the cheapest rate are highly likely to switch insurance companies because there is a good probability of finding discount prices. A recent survey revealed that consumers who compared prices regularly saved as much as $860 a year compared to those who never shopped for cheaper rates.
If finding budget-friendly rates on Lincoln MKS insurance is your target objective, then having a grasp of how to get price quotes and compare coverage rates can save time, money, and frustration.
When shopping for affordable Louisville car insurance quotes, there are a couple of ways of comparing price quotes from many available auto insurance companies in Kentucky. One of the best ways to compare insurance prices consists of shopping online.
Just remember that getting more free quotes gives you a better chance of getting the best offered rates.
The following companies can provide free quotes in Louisville, KY. If you want to find cheap auto insurance in Louisville, KY, it’s highly recommended you visit several of them to find the cheapest car insurance rates.
Lincoln MKS insurance analysis
The data table below covers detailed analysis of coverage prices for Lincoln MKS models. Understanding how rates are calculated can be valuable when making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $272 | $594 | $314 | $18 | $94 | $1,292 | $108 |
| MKS 4-Dr Sedan | $272 | $594 | $314 | $18 | $94 | $1,292 | $108 |
| MKS Ecoboost AWD 4-Dr Sedan | $300 | $672 | $314 | $18 | $94 | $1,398 | $117 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Table data does not factor in garaging location in Louisville which can impact price quotes substantially.
Can higher deductibles save money?
One of the hardest decisions when shopping for insurance is which comprehensive and collision deductibles to buy. The following insurance rates can help show how much more rates are when you buy lower versus higher policy deductibles. The first rate table uses a $100 comprehensive and collision deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $354 | $688 | $278 | $16 | $84 | $1,445 | $120 |
| MKS 4-Dr Sedan | $354 | $688 | $278 | $16 | $84 | $1,445 | $120 |
| MKS Ecoboost AWD 4-Dr Sedan | $390 | $778 | $278 | $16 | $84 | $1,571 | $131 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKS AWD 4-Dr Sedan | $196 | $362 | $278 | $16 | $84 | $936 | $78 |
| MKS 4-Dr Sedan | $196 | $362 | $278 | $16 | $84 | $936 | $78 |
| MKS Ecoboost AWD 4-Dr Sedan | $216 | $410 | $278 | $16 | $84 | $1,004 | $84 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Premium amounts do not factor in vehicle garaging location which can lower or raise rates greatly.
Based on this data, using a $100 deductible costs approximately $44 more each month or $528 every year than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 20 months between claims, you would probably come out ahead if you choose the higher deductible. The illustration below shows an example of how you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $124 |
| Average monthly premium for $1,000 deductibles (subtract): | – $80 |
| Monthly savings from raising deductible: | $44 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $44 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 20 months |
Insurance is unique, just like you
When buying adequate coverage, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that might point out whether your personal situation would benefit from professional advice.
- When should I remove comp and collision on my Lincoln MKS?
- Do I need to call my car insurance company before buying a new car?
- Can I rate high risk drivers on liability-only vehicles?
- What is an SR-22 filing?
- What does PIP insurance cover?
- Can I rent a car in Mexico?
If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form.
Get rate quotes but buy from a local Louisville insurance agent
Many drivers still like to talk to a local agent and that is a smart decision A nice benefit of comparing rate quotes online is that you can find cheap rate quotes and also buy local.
To make it easy to find an agent, after completing this short form, your insurance data gets sent to participating agents in Louisville that can provide free Louisville car insurance quotes for your car insurance coverage. It makes it easy because there is no need to visit any agencies since price quotes are sent to you directly. You can most likely find cheaper rates AND an agent nearby. In the event you want to compare rates from a specific company, you would need to jump over to their website to submit a rate quote request.
Choosing an provider should depend on more than just a cheap price quote. Here are some questions to ask:
- How long has the business existed?
- Do the coverages you’re quoting properly cover your vehicle?
- Does the agent have professional designations like CIC, CPCU or AIC?
- How many years of experience in personal auto insurance do they have?
- Are claims handled at the agent’s location?
- Which companies do they recommend if they are an independent agency?
How to choose the best auto insurance agent in Louisville
If you are searching for an insurance agent, there are two types of insurance agents that differ in how they can insure your vehicles. Louisville agents may be either exclusive or independent (non-exclusive).
Exclusive Agencies
These type of agents can only place business with one company and some examples include American Family, State Farm, and Allstate. Exclusive agencies are unable to provide other company’s prices so you need to shop around if the rates are high. Exclusive agents receive a lot of sales training on their products and sales techniques which helps them compete with independent agents. Some people will only use the same exclusive agent mostly because of loyalty to the company instead of buying on price only.
Shown below are Louisville exclusive insurance agents that can give you price quote information.
- Charlton Grant Sr – State Farm Insurance Agent
1802 Farnsley Rd – Louisville, KY 40216 – (502) 448-0202 – View Map - Bob Savko – State Farm Insurance Agent
10839 Bluegrass Pkwy – Louisville, KY 40299 – (502) 499-7575 – View Map - Jeff Kleier – State Farm Insurance Agent
13303 Magisterial Dr – Louisville, KY 40223 – (502) 882-1855 – View Map
Independent Car Insurance Agents
Agents of this type are normally appointed by many insurers and that is an advantage because they can write policies with a variety of different insurance companies and get you the best rates possible. If they quote lower rates, they simply move the coverage in-house which makes it simple for you. When comparing rate quotes, it’s recommended you compare prices from at a minimum one independent agency to ensure the widest selection of prices. Many can place coverage with additional companies that you may not be familiar with that can offer cheaper rates than bigger companies.
Below is a short list of independent insurance agents in Louisville that can give you rate quotes.
- Nationwide Insurance Ditsler Insurance Inc
1313 Lyndon Ln #102 – Louisville, KY 40222 – (502) 895-0812 – View Map - A Central Insurance Agency
6708 Shepherdsville Rd – Louisville, KY 40228 – (502) 968-1112 – View Map - Grant Insurance Agency, LLC
13000 Equity Pl #201 – Louisville, KY 40223 – (502) 254-3332 – View Map
Upon receiving reasonable responses to these questions and a good coverage price, you may have just found an insurance agent that can adequately provide car insurance.
Kentucky auto insurance company ratings
Selecting the top car insurance company can be difficult considering how many different companies sell coverage in Louisville. The rank data in the lists below may help you decide which car insurance companies you want to consider comparing prices from.
Top 10 Louisville Car Insurance Companies Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- Erie Insurance
- Esurance
- The General
Top 10 Louisville Car Insurance Companies Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General