It’s easy to assume that auto insurance companies want to keep you from shopping around. People who compare rates once a year are very likely to switch insurance companies because there is a significant possibility of finding lower rate quotes. A recent survey found that drivers who shopped around annually saved over $70 a month compared to drivers who never shopped around for cheaper prices.
If finding the cheapest price on Lincoln Continental insurance is why you’re here, then having an understanding of how to find and compare coverage rates can make the process more efficient.
The most effective way to find the cheapest price for auto insurance rates is to start doing a yearly price comparison from different companies who sell insurance in Greensboro.
First, spend some time learning about car insurance and the modifications you can make to keep rates low. Many things that increase rates such as getting speeding tickets and an imperfect credit score can be amended by making minor driving habit or lifestyle changes.
Second, compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like GEICO or Farmers Insurance, while independent agencies can provide price quotes from multiple sources. Begin your rate comparison
Third, compare the new rates to your existing coverage to see if you can save by switching companies. If you find a lower rate quote and make a switch, make sure there is no lapse in coverage.
A good tip to remember is to use the same amount of coverage on every quote request and and to analyze every company you can. Doing this ensures the most accurate price comparison and the best price selection.
When shopping for cheaper Greensboro auto insurance quotes, there are a couple of ways to obtain and compare prices from local Greensboro car insurance companies. The easiest way to do a complete rate comparison is to use the internet to compare rates.
Doing online quotes comparisons is so easy that it takes the place of having to drive around to insurance agents’ offices. Buying insurance online has reduced the need for local agents unless you have a need for the personal advice of an agent trained in personal lines coverage. If you prefer, some companies allow you to comparison shop your insurance online and get advice from an agent in your area.
When comparison shopping, getting more free quotes helps locate the best price. Not every company allows you to get price estimates online, so it’s recommended that you also compare price estimates from them as well.
The companies shown below provide price quotes in Greensboro, NC. In order to find cheap auto insurance in North Carolina, it’s a good idea that you visit several of them to get the best price comparison.
Protect your Lincoln vehicle and other assets
Even though it can be expensive, buying insurance is required in North Carolina but it also protects you in many ways.
- Most states have minimum mandated liability insurance limits which means you are required to carry a minimum amount of liability coverage in order to license the vehicle. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your vehicle with a loan, it’s guaranteed your bank will require that you carry insurance to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the lender will be forced to insure your Lincoln at an extremely high rate and require you to reimburse them for it.
- Insurance protects not only your Lincoln Continental but also your assets. It will also cover medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage also covers legal expenses if anyone sues you for causing an accident. If your car is damaged in a storm or accident, your insurance policy will cover the repair costs.
The benefits of insuring your car are definitely more than the cost, particularly when you have a large claim. The average driver in North Carolina is overpaying more than $830 a year so compare rates at every policy renewal to save money.
Insurance is unique, just like you
When choosing a policy for your vehicles, there really is not a one-size-fits-all type of policy. Your needs are unique to you.
These are some specific questions can help discover if your situation would benefit from professional advice.
- Where can I get insurance after a DUI in North Carolina?
- Is rental equipment covered for theft or damage?
- When would I need rental car insurance?
- Should I file a claim if it’s only slightly more than my deductible?
- Do I need special endorsements for business use of my vehicle?
- Can I get by with minimal medical coverage if I have good health insurance?
- Do I have ACV or replacement cost coverage?
- Are split liability limits better than a combined single limit?
If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.
Coverages available on your policy
Understanding the coverages of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.
This coverage protects you from damages or injuries you inflict on other people or property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 30/60/25 which means a limit of $30,000 per injured person, a total of $60,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability insurance covers things like loss of income, legal defense fees, repair costs for stationary objects, structural damage and attorney fees. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible. North Carolina state law requires minimum liability limits of 30/60/25 but you should think about purchasing better liability coverage.
The illustration below shows why the minimum limit may not be adequate.
Auto collision coverage
Collision coverage pays for damage to your Continental resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.
Collision can pay for claims like rolling your car, hitting a parking meter, colliding with a tree, driving through your garage door and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible on your Continental in order to get cheaper collision rates.
This gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and damage to your Lincoln Continental.
Since many North Carolina drivers only purchase the least amount of liability that is required (30/60/25 in North Carolina), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Medical costs insurance
Coverage for medical payments and/or PIP reimburse you for immediate expenses such as chiropractic care, surgery, nursing services, pain medications and ambulance fees. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Comprehensive or Other Than Collision
This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like damage from flooding, damage from a tornado or hurricane, rock chips in glass and vandalism. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
How much can you save?
When buying insurance coverage, it’s very important that you do not skimp on coverage in order to save money. There have been many cases where drivers have reduced collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy the best coverage you can find for the lowest price, but don’t skip important coverages to save money.
More affordable insurance in Greensboro can be sourced both online and from local insurance agents, so get free Greensboro auto insurance quotes from both of them to get a complete price analysis. Some companies do not provide rates over the internet and usually these regional insurance providers prefer to sell through independent insurance agencies.
We just covered a lot of techniques to find lower-cost Lincoln Continental insurance in Greensboro. The key thing to remember is the more companies you get car insurance rates for, the better likelihood of getting affordable Lincoln Continental insurance quotes. Drivers may even discover the lowest priced insurance comes from a smaller regional carrier.
Additional detailed information is available in the articles below:
- Choosing a Car for Your Teen (State Farm)
- How Much are Greensboro Auto Insurance Rates for a Nissan Rogue? (FAQ)
- How Much is Greensboro Car Insurance for Low Mileage Drivers? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Hyundai Elantra in Greensboro? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Young Drivers in Greensboro? (FAQ)
- Who Has Affordable Auto Insurance Rates for Unemployed Drivers in Greensboro? (FAQ)
- Older Drivers FAQ (iihs.org)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- Speed and Speed Limit FAQ (iihs.org)