The most effective way to get affordable auto insurance rates is to start doing a yearly price comparison from insurance carriers who can sell car insurance in Henderson.
Step 1: Try to comprehend how car insurance works and the things you can control to keep rates low. Many things that result in higher prices like inattentive driving and an unfavorable credit rating can be rectified by making minor changes in your lifestyle.
Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO and Allstate, while agents who are independent can quote prices for many different companies. Find a Henderson insurance agent
Step 3: Compare the price quotes to the price on your current policy to see if a cheaper price is available. If you find a lower rate and switch companies, verify that coverage does not lapse between policies.
Step 4: Provide proper notification to your current company to cancel your current policy and submit a completed policy application and payment to your new insurance company. Once coverage is bound, place the new proof of insurance certificate in a readily accessible location in your vehicle.
One important bit of advice is to compare the same coverage limits and deductibles on each quote and and to get rates from every insurance company. This ensures an accurate price comparison and the best price quote selection.
A recent car insurance study revealed that the vast majority of consumers have purchased from the same company for four years or more, and 38% of drivers have never compared rate quotes at all. Many drivers in the U.S. could cut their rates by about 47% a year just by comparing rates, but most undervalue the large savings they would see if they switched to a more affordable policy.
Locating the most cost-effective auto insurance policy in Henderson is really not that difficult. If you have a current auto insurance policy or want to find a cheaper company, use these money-saving tips to get lower rates without having to cut coverage. Vehicle owners just need to understand the best way to get comparison rates using one simple form.
Save Money with These Tips
Lots of factors are used when you quote your car insurance policy. Some are obvious like a motor vehicle report, but some are less obvious like where you live or your financial responsibility. It’s important that you understand some of the elements that are used to determine your car insurance rates. When consumers understand what determines base rates, this allows you to make educated decisions that will entitle you to better car insurance rates.
The following are some of the most rate-impacting factors used by companies to determine your prices.
Safer the car lower the rate – Vehicles with high crash test scores tend to be cheaper to insure. Highly rated vehicles protect occupants better and lower injury rates translates into savings for insurance companies and more competitive rates for policyholders. If your Lincoln MKX scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
The type of vehicle you drive affects your costs – The performance of the vehicle you are insuring makes a big difference in the rate you pay. The most favorable rates are for lower cost passenger cars, but there are many factors that impact the final cost.
The following data uses these assumptions: single female driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The data compares Lincoln MKX insurance premiums compared to other models of vehicles that have different performance rating factors.
Liability protection safeguards assets – Liability coverage kicks in in the event that you are found to be at fault for damages caused by your negligence. This coverage provides for a legal defense starting from day one. This coverage is relatively inexpensive when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
Maintain car insurance coverage – Letting your insurance expire is a sure-fire way to bump up your car insurance costs. Not only will you pay higher rates, being ticketed for driving with no insurance could result in a license revocation or jail time. You could then be forced to prove you have insurance by filing a SR-22 with the Nevada DMV.
Drive fewer miles and save – The higher the miles on your Lincoln in a year’s time the higher your rate. Most companies charge to insure your cars based upon how much you drive. Vehicles left parked in the garage qualify for better rates compared to those used for work or business. Double check that your car insurance coverage reflects the correct usage for each vehicle, because it can save money. An improperly rated MKX may be costing you.
Car plus home equals more savings – Lots of car insurance companies will award discounts to policyholders who have multiple policies with them in the form of a multi-policy discount. Even if you’re getting this discount consumers should still compare other Henderson MKX insurance rates to make sure you are getting the best deal.
Lincoln MKX historical loss data – Companies include the past claim trends for vehicles to help determine the price you pay. Models that historically have a higher amount or frequency of claims will cost more to insure. The table below outlines the insurance loss data used by companies for Lincoln MKX vehicles.
For each coverage type, the claim amount for all vehicles compiled together is represented as 100. Values under 100 represent a good loss history, while numbers shown that are more than 100 indicate higher probability of having a loss or tendency to have larger claims.
|Specific Lincoln Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Lincoln MKX 4dr 2WD||77||80||67||66||81||78|
|Lincoln MKX 4dr 4WD||86||91||92||76||79||87|
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
The companies in the list below offer price quotes in Henderson, NV. If multiple companies are listed, we suggest you visit two to three different companies in order to find the lowest rates.
Statistics and details
The premium information below showcases detailed analysis of insurance prices for Lincoln MKX models. Understanding more about how insurance policy rates are established can be valuable when making decisions on which insurance to purchase.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Information does not factor in garaging location in Henderson which can change price quotes considerably.
Irresponsible driving raises your rates
The information below highlights how traffic violations and at-fault accidents raise Lincoln MKX premium costs for each different age group. The premiums are based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied.
Men versus women drivers and insurance cost
The example below visualizes the comparison of Lincoln MKX insurance costs for male and female drivers. The prices are based on no claims or driving citations, full coverage, $1,000 deductibles, single marital status, and no discounts are applied.
Why you need insurance for your Lincoln vehicle
Even though Henderson MKX insurance rates can get expensive, maintaining insurance may be mandatory for several reasons.
First, just about all states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability insurance in order to get the vehicle licensed. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you bought your vehicle with a loan, more than likely the lender will make it mandatory that you buy insurance to protect their interest in the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Lincoln at an extremely high rate and force you to pay for the much more expensive policy.
Third, insurance safeguards your Lincoln and your assets. It will also pay for medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage will also pay for a defense attorney if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, your insurance policy will cover the damage repairs after a deductible is paid.
The benefits of carrying adequate insurance more than cancel out the cost, especially with large liability claims. According to a 2015 survey, the average American driver overpays as much as $700 annually so you should quote and compare rates every year to save money.
Get affordable rates by applying discounts
Some companies don’t always publicize every possible discount very clearly, so we break down a few of the more common as well as some of the hidden ways to save on car insurance. If you do not double check each discount you qualify for, you’re paying more than you need to.
- Good Driver Discounts – Insureds without accidents can save as much as half off their rates than drivers with accidents.
- Discounts for Multiple Vehicles – Having all your vehicles on one policy may reduce the rate for each vehicle.
- Renewal Discounts – Some insurance companies provide a discount for switching to them prior to the expiration date on your current MKX insurance policy. It’s a savings of about 10%.
- Paperless Signup – Certain companies will discount your bill up to fifty bucks for completing your application on their website.
- Accident-Free Discounts – Drivers with accident-free driving histories pay much less in comparison with drivers who are more careless.
- Good Grades Discount – Performing well in school can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
- Driving Data Discount – Insureds that choose to allow driving data collection to study driving patterns through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm may see discounts if they have good driving habits.
Don’t be shocked that most of the big mark downs will not be given to the entire policy premium. Most only apply to individual premiums such as medical payments or collision. If you do the math and it seems like it’s possible to get free car insurance, you won’t be that lucky.
The illustration below illustrates the comparison of Lincoln MKX premium costs with and without discounts applied to the premium. The costs are based on a male driver, no accidents or driving violations, Nevada state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, claim-free, multi-policy, and multi-car discounts applied.
A list of car insurance companies and a selection of discounts are shown below.
- GEICO offers premium reductions for seat belt use, good student, membership and employees, military active duty, multi-policy, anti-theft, and multi-vehicle.
- Travelers has savings for multi-car, driver training, payment discounts, student away at school, save driver, and multi-policy.
- Nationwide may include discounts for family plan, anti-theft, good student, multi-policy, and accident-free.
- Farmers Insurance offers discounts including early shopping, homeowner, switch companies, youthful driver, and electronic funds transfer.
- Esurance policyholders can earn discounts including defensive driver, online quote, homeowner, safety device, multi-policy, good student, and emergency road assistance.
- State Farm includes discounts for multiple autos, anti-theft, Steer Clear safe driver discount, student away at school, and good driver.
- Progressive has discounts for online quote discount, homeowner, online signing, multi-policy, and multi-vehicle.
- Mercury Insurance offers discounts for multi-car, age of vehicle, anti-theft, type of vehicle, good student, and accident-free.
Before you buy a policy, ask each insurance company which credits you are entitled to. Some of the discounts discussed earlier may not be offered everywhere. To choose companies that offer some of these discounts in Henderson, follow this link.
Shop online but buy locally
Many drivers would prefer to talk to a local agent and that can be a great decision Good insurance agents are trained to spot inefficiencies and give you someone to call. An additional benefit of comparing car insurance online is that you can find cheap rate quotes and still buy from a local agent.
Once you complete this short form, your insurance coverage information is immediately sent to insurance agents in Henderson who will gladly provide quotes and help you find cheaper coverage. You don’t have to do any legwork because prices are sent straight to your inbox. If you want to quote rates from one company in particular, you can always jump over to their website and fill out their quote form.
Finding the right insurer shouldn’t rely on just the price. These are some questions you should get answers to.
- How often do they review policy coverages?
- What are the financial ratings for the companies they represent?
- Will their companies depreciate repairs to your car based on the mileage?
- How long has the business existed?
- Does the company allow you to choose your own collision repair facility?
- Do they offer accident forgiveness?
- How much will you save each year by using a higher deductible?
The difference between Henderson car insurance agents
If you want to buy car insurance from an insurance agent, there are two different types of agents and how they operate. Car insurance agencies can be categorized as either independent agents or exclusive agents depending on their employer. Both types can do a good job, but it is a good idea to know the difference in how they write coverage because it can impact the type of agent you choose.
Exclusive Car Insurance Agents
Exclusive agencies can only place business with one company such as Allstate, State Farm and Farm Bureau. These agents are unable to provide other company’s prices so they really need to provide good service. Exclusive agents receive extensive training on their products and sales techniques which aids in selling service over price.
The following are Henderson exclusive insurance agencies that are able to give comparison quotes.
American Family Insurance – Sean Stewart Agency Inc.
2520 St Rose Pkwy #103 – Henderson, NV 89074 – (702) 479-1570 – View Map
Farmers Insurance Group: Hesselgesser Insurance Agency
229 N Pecos Rd #110 – Henderson, NV 89074 – (702) 434-1230 – View Map
Independent Car Insurance Agencies
Agents of this type are appointed with more than one company and that allows them to write policies through many different car insurance companies depending on which coverage is best. If you want to switch companies, they can switch companies in-house and that require little work on your part.
If you are comparing rate quotes, we highly recommend that you contact at a minimum one independent agency to maximize your price options.
Listed below are Henderson independent insurance agents that can give you price quote information.
All Star Insurance Agency
10120 S. Eastern Ave, Suite 200 – Henderson, NV 89052 – (702) 660-6618 – View Map
2736 Marie Antoinette St – Henderson, NV 89044 – (866) 694-9046 – View Map
American National Insurance Morgan Agency LLC, Jarod Morgan
1120 Wigwam Pkwy #100 – Henderson, NV 89052 – (702) 430-7764 – View Map
There’s no such thing as the perfect auto insurance policy
When quoting and choosing adequate coverage, there really is no one size fits all plan. Every insured’s situation is different and your policy should reflect that.
These are some specific questions can help discover if your situation might need an agent’s assistance.
- How does medical payments coverage work?
- Should I drop comprehensive coverage on older vehicles?
- Does coverage extend to Mexico or Canada?
- Are split liability limits better than a combined single limit?
- If my Lincoln MKX is totaled, can I afford another vehicle?
- Am I covered when driving someone else’s vehicle?
If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.
More quotes mean more insurance savings
We’ve covered quite a bit of information on how to shop for Lincoln MKX insurance online. The key concept to understand is the more providers you compare, the higher your chance of finding affordable Lincoln MKX insurance quotes. You may even discover the biggest savings come from some of the lesser-known companies. Some small companies can often insure niche markets at a lower cost than their larger competitors like State Farm, GEICO and Nationwide.
When buying insurance coverage, it’s a bad idea to reduce coverage to reduce premium. There are a lot of situations where drivers have reduced collision coverage and learned later that the few dollars in savings costed them thousands. Your aim should be to buy the best coverage you can find at the best price, not the least amount of coverage.
To read more, feel free to visit the articles below:
- Parking Tips to Reduce Door Dings (State Farm)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- Liability Insurance Coverage (Nationwide)