Searching for lower priced New Orleans Lincoln Navigator insurance quotes over the internet may be problematic for people that are not comfortable with quoting and comparing prices online. With so many online companies available, how can you even start to compare every one to find the best available rates?
Steps to buying low-cost Lincoln Navigator insurance in New Orleans
The best way to get more affordable Lincoln Navigator insurance in New Orleans is to do an annual price comparison from companies in Louisiana.
- Step 1: It will benefit you to learn about the coverage provided by your policy and the measures you can take to keep rates down. Many things that are responsible for high rates like distracted driving and an imperfect credit score can be improved by making small lifestyle or driving habit changes.
- Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can provide rates from one company like Progressive and State Farm, while agents who are independent can provide rate quotes for a wide range of companies.
- Step 3: Compare the quotes to your existing policy and see if there is a cheaper rate in New Orleans. If you find a lower rate quote and make a switch, ensure coverage does not lapse between policies.
The critical component of shopping around is that you’ll want to compare the same coverage limits and deductibles on every price quote and and to get rates from as many carriers as you can. Doing this helps ensure an apples-to-apples comparison and a good representation of prices.
It’s an obvious assumption that car insurance companies want to prevent you from shopping around. Insureds who compare rates annually will presumably switch companies because of the high probability of finding more affordable rates. A recent survey found that consumers who faithfully checked for cheaper rates saved approximately $3,450 over four years as compared to drivers who don’t make a habit of comparing rates.
If finding the cheapest price on Lincoln Navigator insurance is the reason you’re here, then having a good understanding how to find companies and compare insurance can help simplify the task of finding more affordable coverage.
All the larger insurance companies give price estimates online. Obtaining pricing for Lincoln Navigator insurance in New Orleans is pretty painless because you just enter your coverage information into the quote form. When the form is submitted, their quoting system makes automated requests for reports for credit and driving violations and generates a price.
The ability to get online price quotes for Lincoln Navigator insurance in New Orleans streamlines rate comparisons, and it’s very important to compare as many rates as possible if you are searching for a better rate.
To get comparison pricing now, take a look at the companies shown below. If you have coverage now, it’s recommended you enter deductibles and limits as shown on your current policy. This guarantees you will get rate comparison quotes for the exact same coverage.
The providers in the list below can provide quotes in New Orleans, LA. If you want cheap car insurance in Louisiana, it’s highly recommended you visit two to three different companies in order to find the most competitive rates.
Insuring your Lincoln vehicle just makes sense
Despite the high insurance cost for a Lincoln Navigator in New Orleans, insuring your vehicle serves a purpose in several ways.
- Just about all states have minimum liability requirements which means the state requires a specific level of liability protection in order to get the vehicle licensed. In Louisiana these limits are 15/30/25 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your Navigator with a loan, more than likely the lender will require you to have full coverage to guarantee loan repayment. If the policy lapses, the bank or lender will purchase a policy for your Lincoln at an extremely high rate and make you pay for it.
- Insurance safeguards your vehicle and your assets. It will also reimburse you for hospital and medical expenses that are the result of an accident. Liability insurance, one of your policy coverages, also covers legal expenses in the event you are sued. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of having car insurance outweigh the cost, especially for larger claims. According to a survey of 1,000 drivers, the average driver is overpaying more than $865 each year so you should quote rates each time the policy renews to ensure rates are competitive.
Coverage analysis
The information shown next outlines detailed analysis of insurance rates for Lincoln Navigator models. Knowing how auto insurance prices are determined can aid in making informed decisions when shopping around for a new policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Navigator 2WD | $240 | $532 | $524 | $32 | $158 | $1,486 | $124 |
| Navigator 4WD | $240 | $532 | $524 | $32 | $158 | $1,486 | $124 |
| Navigator L 2WD | $264 | $532 | $524 | $32 | $158 | $1,510 | $126 |
| Navigator L 4WD | $264 | $532 | $524 | $32 | $158 | $1,510 | $126 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Rates do not factor in New Orleans location which can influence coverage prices considerably.
Higher deductibles lower rates
One of the hardest decisions when shopping for insurance is how high should the physical damage coverage deductibles be. The tables below sum up the differences in price when you select higher and lower policy deductibles. The first rate quote example uses a $100 deductible for physical damage and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Navigator 2WD | $502 | $980 | $464 | $28 | $140 | $2,139 | $178 |
| Navigator 4WD | $502 | $980 | $464 | $28 | $140 | $2,139 | $178 |
| Navigator L 2WD | $554 | $980 | $464 | $28 | $140 | $2,191 | $183 |
| Navigator L 4WD | $554 | $980 | $464 | $28 | $140 | $2,191 | $183 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Navigator 2WD | $366 | $662 | $464 | $28 | $140 | $1,660 | $138 |
| Navigator 4WD | $366 | $662 | $464 | $28 | $140 | $1,660 | $138 |
| Navigator L 2WD | $404 | $662 | $464 | $28 | $140 | $1,698 | $142 |
| Navigator L 4WD | $404 | $662 | $464 | $28 | $140 | $1,698 | $142 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Price estimates do not factor in garaging location in New Orleans which can decrease or increase rates greatly.
Based on this data, we can arrive at the conclusion that using a $100 deductible costs roughly $41 more each month or $492 annually than quoting the higher $500 deductible. Due to the fact that you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you average at a minimum 10 months between claims, you would save money going with the higher deductible. Here is an example of how you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $181 |
| Average monthly premium for $500 deductibles (subtract): | – $140 |
| Monthly savings from raising deductible: | $41 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $41 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 10 months |
Rate increases following a ticket or accident
The example below shows how violations and accidents can impact Lincoln Navigator car insurance costs for each age group. The rate quotes are based on a single female driver, comp and collision included, $1,000 deductibles, and no discounts are applied.
Age-based insurance rates by gender
The illustration below shows the difference between Lincoln Navigator insurance rates for male and female drivers. The rates are based on no claims or violations, comprehensive and collision coverage, $250 deductibles, marital status is single, and no discounts are applied to the premium.
Lincoln Navigator full coverage rates compared to liability only
The illustration below visualizes the comparison of Lincoln Navigator annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Louisiana. The costs are based on no claims or violations, $250 deductibles, single marital status, and no discounts are taken into consideration.
When to drop comprehensive and collision coverage
There is no set guideline to stop buying comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is 10% or more of the replacement cost minus the deductible, then it may be the right time to buy liability only.
For example, let’s pretend your Lincoln Navigator settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $5,000 after paying your policy deductible. If you are paying more than $500 a year for physical damage coverage, the it may be a good time to stop paying for full coverage.
There are some scenarios where dropping full coverage is not in your best interest. If you haven’t paid off your loan, you have to carry full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Cheaper rates with these discounts on Lincoln Navigator insurance in New Orleans
Car insurance is not inexpensive, but there could be available discounts that you may not know about. Larger premium reductions will be automatically applied at quote time, but occasionally some discounts must be asked for before being credited. If they aren’t giving you every credit you qualify for, you are throwing money away.
- Sign Early and Save – A few larger companies give discounts for buying a policy before your current coverage expires. The savings is around 10%.
- Responsible Drivers – Drivers who don’t get into accidents could pay up to 40% less compared to rates paid by drivers with frequent claims.
- Discounts for Multiple Vehicles – Having primary and secondary vehicles on one policy could earn a price break for each car.
- Employee of Federal Government – Being employed by or retired from a federal job could cut as much as 10% off with select insurance companies.
- Auto/Life Discount – If the company offers life insurance, you could get a lower premium rate if you buy some life insurance too.
- Air Bags and Passive Restraints – Factory options such as air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.
- Discount for Multiple Policies – When you have multiple policies and insure them with the same company you could earn a discount of as much as 10 to 15 percent.
- Theft Deterrent – Vehicles optioned with advanced anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
- Organization Discounts – Joining specific professional or occupational memberships or organizations can get you a small discount on your next car insurance statement.
- Discount for Low Mileage – Fewer annual miles on your Lincoln could be rewarded with slightly better premium rates than normal.
Don’t be surprised that most discount credits are not given to the whole policy. Most only cut individual premiums such as comp or med pay. Just because you may think you can get free auto insurance, you won’t be that lucky.
The example below shows the comparison of Lincoln Navigator auto insurance rates with and without some available policy discounts. The costs are based on a male driver, no claims or driving violations, Louisiana state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, safe-driver, multi-policy, marriage, and claim-free discounts applied.
A few companies that may offer many of the previously listed discounts include:
If you need cheaper New Orleans auto insurance quotes, ask all the companies to apply every possible discount. Depending on the company, some discounts may not be available in New Orleans. To view insurers that offer many of these discounts in Louisiana, click here to view.
Will just any policy work for me?
Keep in mind that when it comes to choosing adequate coverage, there really is no one-size-fits-all type of policy. Everyone’s situation is unique.
For instance, these questions can aid in determining whether or not you will benefit from professional help.
- When can I cancel my policy?
- Why are teen drivers so expensive to add on to my policy?
- How does medical payments coverage work?
- Do I have ACV or replacement cost coverage?
- Can I get a multi-policy discount?
- If my pet gets injured in an accident are they covered?
- Can I make deliveries for my home business?
- Is my teenager covered with friends in the car?
If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form.
Best car insurance in New Orleans
Choosing the highest-rated car insurance company is difficult considering how many companies are available to choose from in New Orleans. The information listed below can help you select which providers you want to consider comparing rates from.
Top 10 New Orleans Car Insurance Companies Overall
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive