Cheap Insurance for a Lincoln Navigator in Oakland

Insurance for Lincoln NavigatorIt takes a few minutes, but the best way to get affordable Lincoln Navigator insurance is to start comparing rates regularly from insurance carriers in Oakland. Rate comparisons can be done by following these guidelines.

A tip to remember is that you’ll want to compare similar coverage information on each quote and and to analyze every insurance company. Doing this provides the most accurate price comparison and a complete price analysis.

Anyone knows that auto insurance companies don’t want you quoting rates from other companies. Insureds who shop for lower prices will most likely switch companies because of the high probability of finding a more affordable policy premium. A study discovered that drivers who shopped around every year saved on average $850 each year compared to drivers who never compared other company’s rates.

If finding the lowest rates on insurance in Oakland is the reason for your visit, then having some knowledge of how to get price quotes and compare insurance premiums can make the process less intimidating.

Most larger insurance companies such as State Farm, GEICO and Progressive make it easy to get coverage prices directly from their websites. Comparing prices online for Lincoln Navigator insurance in Oakland is pretty painless because you just enter your personal and coverage information into a form. After you complete the form, their rating system automatically orders your driving record and credit report and generates pricing information based on the data you entered. Being able to quote online for Lincoln Navigator insurance in Oakland makes it simple to compare prices and it’s necessary to have as many quotes as possible in order to find the best auto insurance rates.

If you want to compare rates using this form now, take a look at the companies shown below. To compare your current rates, we recommend that you enter deductibles and limits exactly as shown on your declarations page. This way, you will have a rate comparison using the exact same coverages.

The companies shown below offer price quotes in Oakland, CA. If multiple companies are listed, we recommend you visit two to three different companies in order to get a fair rate comparison.

Lincoln Navigator insurance rate analysis

The table displayed next highlights a range of prices for Lincoln Navigator models. Understanding more about how insurance prices are figured can help you make decisions on the best policy to buy.

Lincoln Navigator Insurance Rates in Oakland, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Navigator 2WD $398 $630 $578 $34 $174 $1,814 $151
Navigator 4WD $398 $630 $578 $34 $174 $1,814 $151
Navigator L 2WD $438 $630 $578 $34 $174 $1,854 $155
Navigator L 4WD $438 $630 $578 $34 $174 $1,854 $155
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Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate information does not factor in garaging location in Oakland which can alter premiums considerably.

Policy deductible comparison

A question often asked by Oakland drivers is where should you set your physical damage deductibles. The following insurance rates determine the rate difference when you select higher and lower physical damage coverage deductibles. The first data table uses a $250 deductible for physical damage and the second rate table uses a $500 deductible.

Lincoln Navigator insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Navigator 2WD $430 $780 $442 $26 $132 $1,835 $153
Navigator 4WD $430 $780 $442 $26 $132 $1,835 $153
Navigator L 2WD $474 $780 $442 $26 $132 $1,879 $157
Navigator L 4WD $474 $780 $442 $26 $132 $1,879 $157
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Lincoln Navigator insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Navigator 2WD $348 $630 $442 $26 $132 $1,578 $132
Navigator 4WD $348 $630 $442 $26 $132 $1,578 $132
Navigator L 2WD $384 $630 $442 $26 $132 $1,614 $135
Navigator L 4WD $384 $630 $442 $26 $132 $1,614 $135
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rates do not factor in Oakland location which can alter price quotes greatly.

Based on these figures, using a $250 deductible costs approximately $21 more each month or $252 annually across all Lincoln Navigator models than choosing the higher $500 deductible. Because you would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you average at a minimum 12 months between claims, you would most likely save money if you opt for a higher deductible. The numbers below show a better example of how this decision is made.

Average monthly premium for $250 deductibles: $155
Average monthly premium for $500 deductibles (subtract): – $134
Monthly savings from raising deductible: $21
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $21
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 12 months

Car insurance rates based on gender

The information below shows the comparison of Lincoln Navigator annual premium costs for male and female drivers. The premiums are based on no violations or claims, comprehensive and collision coverage, $1,000 deductibles, drivers are single, and no policy discounts are applied.

Lincoln Navigator full coverage rates compared to liability only

The information below illustrates the comparison of Lincoln Navigator auto insurance rates with full physical damage coverage and with liability coverage only. The price estimates are based on no accidents, no driving violations, $100 deductibles, single status, and no discounts are applied.

Are you wasting money paying for full coverage?

There is no set rule of when to drop physical damage coverage, but there is a general school of thought. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let’s say your Lincoln Navigator replacement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would receive is $2,000 after you pay the deductible. If it’s costing you more than $200 a year to have full coverage, then you may want to consider only buying liability coverage.

There are a few situations where only buying liability is not a good plan. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not drop full coverage.

Car insurance is not optional but you don’t have to overpay

Despite the high cost of buying insurance for a Lincoln Navigator in Oakland, insurance is required by state law in California and it also provides benefits you may not be aware of.

First, most states have minimum liability requirements which means it is punishable by state law to not carry specific limits of liability coverage in order to drive the car legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if your car has a lienholder, most lenders will force you to buy full coverage to guarantee loan repayment. If coverage lapses or is canceled, the lender will be forced to insure your Lincoln at a much higher rate and force you to reimburse them for it.

Third, car insurance preserves not only your Lincoln but also your assets. Insurance will also pay for medical bills that are the result of an accident. Liability coverage also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.

The benefits of carrying adequate insurance are without a doubt worth the cost, particularly for liability claims. Unknowingly, the average driver is overpaying over $869 every year so compare quotes from several companies at least once a year to ensure rates are competitive.

Why Smart Buyers Pay Less for Lincoln Navigator Insurance

When buying car insurance it’s important to understand the different types of things that are used to determine your premiums. If you have a feel for what determines base rates, this allows you to make good choices that can help you get much lower annual insurance costs.

The itemized list below are some of the major factors used by your company to calculate your premiums.

Keep the miles off and save – Driving more miles annually the higher your rates will be. Almost all companies charge rates based upon how the vehicle is primarily used. Vehicles not used for work or commuting can be on a lower rate level compared to those used for work or business. Ask your agent if your car insurance policy is rated on the right rating data, because it can save money. Incorrect rating for your Navigator is throwing money out the window.

High deductibles lower premiums – Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your Lincoln. A few examples of covered claims could be colliding with a building, collision with an animal, and windstorm damage. Comp and collision deductibles represent how much money you are willing to pay before a claim is paid by your company. The larger the amount you’re willing to pay, the less your company will charge you for insurance.

Better car insurance rates on safer cars – Vehicles that have high safety ratings tend to have lower insurance rates. Safer cars reduce occupant injuries and fewer injuries means lower claim amounts and cheaper rates on your policy. If your Lincoln Navigator scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.

Never have car insurance lapses – Allowing your car insurance policy to lapse is a quick way to increase your renewal premiums. In addition to paying higher rates, the inability to provide proof of insurance may earn you a steep fine or even jail time. Then you may be required to prove you have insurance by filing a SR-22 with the California department of motor vehicles.

You might get higher rates if you are single – Being married may cut your premiums on your policy. Having a significant other generally demonstrates drivers are more stable financially and it’s proven that married drivers tend to file fewer claims.

Premiums are affected by your credit history – Having a good credit score is likely to be a major factor in calculating your car insurance rates. If your credit history can use some improvement, you could potentially save money when insuring your Lincoln Navigator by improving your rating. Insureds with excellent credit tend to be less risk to insure than those with worse credit.

Your address can push rates up or down – Being located in a small town is a positive aspect when talking about car insurance. Fewer drivers and short commutes means less chance of accidents and lower theft and vandalism rates. Urban drivers have more traffic problems and a longer drive to work. More time behind the wheel statistically corresponds to a higher accident and claim rate.

Loss probability for a Lincoln Navigator – Insurance companies analyze claim trends for every vehicle to help calculate premium prices. Vehicles that are shown to have a higher amount or frequency of claims will be charged more to insure. The data below shows the actual insurance loss data for Lincoln Navigator vehicles.

For each insurance policy coverage type, the loss probability for all vehicles as a whole is represented as 100. Values that are below 100 imply a favorable loss record, while numbers that are greater than 100 point to more claims or an increased chance of a larger loss.

Auto Insurance Loss Data for Lincoln Navigator Models
Specific Lincoln 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 101 116 119

Empty fields indicate not enough data collected
Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Compare insurance rates regularly to save

As you shop your coverage around, do not skimp on critical coverages to save a buck or two. There are many occasions where an accident victim reduced physical damage coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to get the best coverage possible at the best possible price while still protecting your assets.

We just covered some good ideas how you can shop for Lincoln Navigator insurance online. The key concept to understand is the more price quotes you have, the better likelihood of getting cheaper Oakland car insurance quotes. You may even find the lowest premium rates come from a small mutual company. These smaller insurers can often provide lower prices in certain areas compared to the large companies like GEICO and State Farm.

Low-cost Lincoln Navigator insurance in Oakland is available online as well as from insurance agents, so you should compare both in order to have the best price selection to choose from. Some insurance providers do not provide the ability to get quotes online and most of the time these small, regional companies work with local independent agencies.

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