To save the most money, the best way to get affordable Lincoln Navigator insurance is to start doing a yearly price comparison from insurance carriers who sell insurance in Laredo. Rate comparisons can be done by completing these steps.
- Get an understanding of how auto insurance works and the measures you can control to keep rates in check. Many things that increase rates such as traffic citations, accidents, and poor credit history can be improved by paying attention to minor details.
- Obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can give quotes from a single company like GEICO or State Farm, while independent agencies can give you price quotes from multiple companies.
- Compare the new rate quotes to your current policy premium to see if a cheaper price is available. If you find a better price and switch companies, make sure coverage is continuous and does not lapse.
One thing to remember is to make sure you enter the same amount of coverage on each quote request and and to analyze as many companies as possible. This ensures an apples-to-apples comparison and the best price quote selection.
It’s safe to conclude that insurance companies want to keep you from comparing rates. People who shop for lower rates are very likely to move their business because there are good odds of finding a lower-cost company. A recent survey revealed that drivers who made a habit of comparing rates saved $72 a month as compared to drivers who didn’t regularly shop around.
If finding discount rates on Lincoln Navigator insurance in Laredo is your ultimate goal, then knowing how to shop for insurance can save money and time.
Just remember that comparing all the rates in your area helps increase your odds of locating more affordable rates.
The following companies have been selected to offer quotes in Texas. To locate cheap car insurance in Texas, it’s a good idea that you click on several of them to find the most affordable car insurance rates.
Save with these premium slashing discounts
Car insurance is not cheap nor is it fun to buy but you can get discounts that you may not know about. Some trigger automatically at the time you complete a quote, but once in a while a discount must be asked for in order for you to get them. If you do not double check each discount possible, you are just wasting money.
- Policy Bundle Discount – If you can bundle your auto and homeowners insurance and insure them with the same company you may earn as much as 10 to 15 percent.
- Clubs and Organizations – Joining certain professional organizations is a simple method to lower premiums on car insurance.
- Passenger Safety Discount – Factory air bags or motorized seat belts can qualify for discounts as much as 30%.
- Theft Prevention System – Cars equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and can earn a small discount on your policy.
- Early Switch Discount – A few larger companies allow discounts for switching policies early. You can save around 10% with this discount.
- Resident Student – Older children who live away from home at college and leave their car at home may qualify for this discount.
- Accident Waiver – Not a discount per se, but a few companies such as Liberty Mutual, GEICO and Allstate allow you one accident before they charge you more for coverage so long as you haven’t had any claims for a particular time prior to the accident.
- Seat Belts Save – Drivers who require all vehicle occupants to buckle up before driving may be able to save a few bucks off PIP or medical payments premium.
- Mature Driver Discount – Older drivers can possibly qualify for a slight reduction on a Laredo car insurance quote.
Discounts lower rates, but some credits don’t apply to the entire cost. A few only apply to individual premiums such as comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts should definitely cut your policy premium.
The example below shows the difference between Lincoln Navigator premium costs with and without discounts applied to the policy rates. The prices are based on a female driver, no violations or claims, Texas state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, marriage, claim-free, multi-policy, and multi-car discounts applied.
Larger car insurance companies and a partial list of their discounts include:
- State Farm offers discounts for multiple autos, accident-free, anti-theft, defensive driving training, and passive restraint.
- Farmers Insurance has discounts for distant student, alternative fuel, mature driver, youthful driver, bundle discounts, switch companies, and pay in full.
- Progressive may include discounts for continuous coverage, multi-vehicle, multi-policy, online quote discount, good student, and homeowner.
- GEICO policyholders can earn discounts including multi-vehicle, membership and employees, anti-theft, five-year accident-free, and defensive driver.
- Auto-Owners Insurance has savings for company car, safe vehicle, paid in full, paperless, air bags, and safe driver.
- The Hartford offers discounts including bundle, good student, driver training, anti-theft, defensive driver, and vehicle fuel type.
- Farm Bureau discounts include good student, youthful driver, multi-vehicle, driver training, multi-policy, and renewal discount.
- USAA may offer discounts for loyalty savings, family discount, new vehicle, vehicle storage, defensive driver, safe driver, and military installation.
When getting free Laredo car insurance quotes, it’s a good idea to every prospective company which discounts they offer. Some of the discounts discussed earlier might not be available to policyholders in Laredo. If you would like to view providers that have a full spectrum of discounts in Texas, click here.
Premium rates and analysis
The rate table below outlines different insurance rates for Lincoln Navigator models. Understanding how policy rates are figured can be valuable when making smart choices when purchasing an insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Navigator L 2WD||$400||$774||$462||$28||$138||$1,802||$150|
|Navigator L 4WD||$400||$774||$462||$28||$138||$1,802||$150|
|Get Your Own Custom Quote Go|
Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Premium costs do not factor in zip code location which can influence premiums significantly.
The chart below shows how choosing a deductible and can increase or decrease Lincoln Navigator insurance costs for each age group. The premium estimates are based on a single female driver, comp and collision included, and no discounts are taken into consideration.
Lincoln Navigator liability-only versus full coverage
The illustration below illustrates the comparison of Lincoln Navigator premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The prices are based on no accidents or driving violations, $250 deductibles, drivers are not married, and no other discounts are factored in.
Should you pay for full coverage?
There is no set rule for dropping comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s say your Lincoln Navigator claim settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $5,000 after paying the physical damage deductible. If you are paying more than $500 annually for full coverage, then you may need to consider dropping full coverage.
There are some scenarios where buying only liability insurance is not a good idea. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Good Decisions Result in Lower Insurance Rates
An important part of buying insurance is that you know the factors that aid in calculating auto insurance rates. When consumers understand what influences your rates, this empowers consumers to make smart changes that can earn you big savings.
- Theft deterrents save – Choosing a vehicle that has an advanced theft prevention system can save you some money. Theft deterrent systems like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart vehicle theft.
- Decrease rates by maintaining coverage – Driving with no insurance is against the law and companies may charge more for letting your coverage have a gap. Not only will you pay higher rates, not being able to provide proof of insurance will get you a revoked license or a big fine. You will then be forced to submit proof of financial responsibility or a SR-22 with the Texas DMV.
Gals pay lower prices – Over the last 50 years, statistics have shown that women are safer drivers than men. However, don’t assume that females are better drivers. Males and females have accidents in similar percentages, but guys have accidents that have higher claims. Men also tend to receive more costly citations such as driving while intoxicated (DWI) or driving recklessly. Young men ages 16 to 20 generally have the highest accident percentage so they pay the highest premiums.
The example below illustrates the difference between Lincoln Navigator insurance costs for male and female drivers. The premium estimates are based on no driving violations, no at-fault accidents, full physical damage coverage, $500 deductibles, drivers are single, and no discounts are applied.
- Keep the miles off and save – The more miles you rack up on your Lincoln in a year the more you’ll pay to insure your vehicle. Many insurance companies apply a rate based on their usage. Autos that have low annual miles get more affordable rates than vehicles that are driven to work every day. It’s a good idea to make sure your auto insurance declarations sheet reflects the correct usage. Incorrect rating for your Navigator can cost quite a bit.
Lincoln Navigator historical loss data – Insurers analyze past claim statistics to help calculate premium rates. Vehicles that tend to have a trend towards higher claim severity or frequency will be charged more to insure. The table below outlines the loss history for Lincoln Navigator vehicles.
For each coverage type, the loss probability for all vehicles averaged together equals 100. Values below 100 indicate a favorable loss history, while numbers above 100 point to more frequent losses or a tendency for claims to be larger.
Insurance Loss Ratings for Lincoln Navigator Vehicles Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Lincoln Navigator 4dr 2WD 109 114 61 Lincoln Navigator 4dr 4WD 93 89 82 Lincoln Navigator L 4dr 2WD 129 69 Lincoln Navigator L 4dr 4WD 101 116 119BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Insurance is available from local agents
Some consumers would prefer to sit down and talk to an agent and that is just fine! The biggest benefit of comparing rates online is you can get the lowest rates and also buy local.
To make it easy to find an agent, after completing this form (opens in new window), your coverage information is sent to participating agents in Laredo who can give free rate quotes for your coverage. It simplifies rate comparisons since you won’t have to find an agent since rate quotes are delivered instantly to you. You can find the lowest rates and work with a local agent. If you need to compare prices from a specific insurance provider, you can always go to their quote page and fill out their quote form.
Finding a good insurer requires more thought than just the bottom line cost. The answers to these questions are important, too.
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Is there a 24/7 contact number?
- Are they in the agency full-time?
- Can glass repairs be made at your home?
- Does the agent help file claims?
- What insurance companies do they work with in Laredo?
Listed below is a list of insurers in Laredo that may be able to provide price quotes for Lincoln Navigator insurance in Laredo.
Allstate Insurance Agent: Powell-Watson Insurance Group
6301 Arena Blvd Ste A – Laredo, TX 78041 – (956) 764-4399 – View Map
Laredo Commercial Insurance Agency
5711 McPherson Rd #202 – Laredo, TX 78041 – (956) 729-0799 – View Map
Texas car insurance companies ranked
Picking the right insurance provider can be challenging considering how many different companies there are to choose from in Texas. The information shown next could help you pick which car insurance providers to look at comparing rates with.
Top 10 Laredo Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Top 10 Laredo Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
One last thing about your coverage
We just showed you a lot of ways to reduce Lincoln Navigator insurance premium rates online in Laredo. The key thing to remember is the more quotes you get, the better likelihood of getting affordable Lincoln Navigator insurance quotes. Consumers could even find that the lowest premium rates are with the smaller companies. These smaller insurers can often provide lower prices in certain areas as compared to the big name companies such as Allstate, GEICO and Progressive.
As you go through the steps to switch your coverage, it’s very important that you do not skimp on coverage in order to save money. There are a lot of situations where someone sacrificed full coverage only to regret that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy enough coverage at a price you can afford while not skimping on critical coverages.
Helpful learning opportunities
- Child Safety FAQ (iihs.org)
- How Much are Car Insurance Rates for a Jeep Grand Cherokee in Laredo? (FAQ)
- Who Has the Cheapest Auto Insurance for a Learners Permit in Laredo? (FAQ)
- Who Has Affordable Auto Insurance Rates for 4×4 Vehicles in Laredo? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Nurses in Laredo? (FAQ)
- What Auto Insurance is Cheapest for Business Use in Laredo? (FAQ)
- Who Has Affordable Auto Insurance for Drivers with Accidents in Laredo? (FAQ)
- Safety Belts FAQ (iihs.org)
- Liability Insurance Coverage (Nationwide)
- How to shop for a safer car (Insurance Institute for Highway Safety)