Do you want to save money by buying the cheapest Lincoln Navigator insurance in Denver? Finding low-cost insurance for a Lincoln Navigator in Colorado can be a lot of work, but you can learn these tips to find lower rates.
There are more efficient ways to compare auto insurance rates and we’ll show you the proper way to compare rates for a Lincoln and obtain the lowest price from both online companies and Denver agents.
Best Lincoln Navigator insurance rate quotes in Colorado
The following companies provide comparison quotes in Denver, CO. If multiple companies are shown, it’s highly recommended you visit two to three different companies to get the best price comparison.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Navigator 2WD | $326 | $726 | $396 | $24 | $118 | $1,590 | $133 |
Navigator 4WD | $182 | $382 | $368 | $22 | $110 | $1,064 | $89 |
Navigator L 2WD | $178 | $324 | $330 | $20 | $98 | $950 | $79 |
Navigator L 4WD | $340 | $616 | $474 | $28 | $142 | $1,600 | $133 |
Get Your Own Custom Quote Go |
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Rate information does not factor in garaging location in Denver which can impact rates noticeably.
How high should deductibles be?
One of the most common car insurance questions is the level to set your comp and collision deductibles. The premium rates below may help to conceptualize the costs and benefits when you buy lower versus higher insurance deductibles. The first rate table uses a $100 physical damage coverage deductible and the second rate chart uses a $500 deductible.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Navigator 2WD | $380 | $740 | $352 | $20 | $106 | $1,623 | $135 |
Navigator 4WD | $380 | $740 | $352 | $20 | $106 | $1,623 | $135 |
Navigator L 2WD | $420 | $740 | $352 | $20 | $106 | $1,663 | $139 |
Navigator L 4WD | $420 | $740 | $352 | $20 | $106 | $1,663 | $139 |
Get Your Own Custom Quote Go |
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Navigator 2WD | $278 | $500 | $352 | $20 | $106 | $1,256 | $105 |
Navigator 4WD | $278 | $500 | $352 | $20 | $106 | $1,256 | $105 |
Navigator L 2WD | $306 | $500 | $352 | $20 | $106 | $1,284 | $107 |
Navigator L 4WD | $306 | $500 | $352 | $20 | $106 | $1,284 | $107 |
Get Your Own Custom Quote Go |
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Estimates do not factor in specific garaging location which can lower or raise price quotes greatly.
Using the premium rates above, we can conclude that using a $100 deductible costs approximately $31 more each month or $372 each year than selecting the higher $500 deductible. Since you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you go more than 13 months between claims, you would probably be better off if you decide on a higher deductible.
How to determine when to raise your deductibles
Average monthly premium for $100 deductibles: | $137 |
Average monthly premium for $500 deductibles (subtract): | – $106 |
Monthly savings from raising deductible: | $31 |
Difference between deductibles ($500 – $100): | $400 |
Divide difference by monthly savings: | $400 / $31 |
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
One important caveat is that higher deductibles means you pay more out-of-pocket when you have to file a claim. It will be required that you have enough disposable savings in the event you need to pay the deductible.
Determine discounts on Denver car insurance
Some insurers don’t always publicize all possible discounts in an easy-to-find place, so the list below gives a summary of some of the best known and the more hidden car insurance savings. If you do not double check each discount you qualify for, you are throwing money away.
- Discount for Life Insurance – Some companies give a lower premium rate if you buy a life insurance policy as well.
- Air Bags and Passive Restraints – Vehicles equipped with air bags could see savings of up to 25% or more.
- Waiver for an Accident – This isn’t a discount exactly, but a handful of insurance companies may permit one accident before raising your premiums if your claims history is clear before the accident.
- Drivers Education – Cut your cost by having your teen driver take driver’s ed class in school.
- Renewal Discounts – A few car insurance companies give discounts for switching companies before your current Navigator insurance policy expires. You can save around 10% with this discount.
A little note about advertised discounts, many deductions do not apply to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. So despite the fact that it appears all those discounts means the company will pay you, nobody gets a free ride. Any qualifying discounts will lower your premiums.
Car insurance companies that may offer policyholders these discounts possibly include:
Check with each company how you can save money. Some of the discounts discussed earlier might not be available to policyholders in your state. To choose providers offering car insurance discounts in Denver, follow this link.
Local Denver insurance agents and auto insurance
Some consumers would prefer to sit down with an agent. Insurance agents are trained to spot inefficiencies and help submit paperwork. An additional benefit of comparing auto insurance online is that you can find lower rates but still work with a licensed agent. Putting coverage with local insurance agents is important especially in Denver.
For easy comparison, once you complete this short form, the coverage information is emailed to participating agents in Denver who will give you bids for your coverage. It simplifies rate comparisons since you won’t have to contact an agency due to the fact that quote results will go immediately to your email address. If you wish to compare prices from one company in particular, you just need to visit that company’s website and fill out their quote form.
Types of auto insurance agents in Denver
If you want to use a reputable agency, you need to know there are two different types of agencies from which to choose. Auto insurance agencies may be either exclusive or independent agents depending on their company appointments. Both types can properly insure your vehicles, but it’s important to point out the differences because it can influence the kind of agent you use.
Independent Auto Insurance Agencies
Independent agencies often have affiliation with several companies and that allows them to write policies amongst many companies and potentially find a lower price. If you want to switch companies, your policy is moved internally and you don’t have to do anything.
When comparing auto insurance rates, it’s a good idea to contact at a minimum one independent agency to get the most accurate price comparison. Most can insure with different regional companies who may have lower rates.
Below is a list of independent insurance agencies in Denver that can give you comparison quotes.
- Mile High Insurance Agency
4704 Harlan St #360 – Denver, CO 80212 – (303) 237-5445 – View Map - Alliance General Insurance Agency
2696 CO-2 – Denver, CO 80222 – (303) 377-1172 – View Map - Moody Insurance Agency
8055 E Tufts Ave #1000 – Denver, CO 80237 – (303) 824-6600 – View Map
Exclusive Insurance Agents
Agents of this type can only write with one company such as State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot place coverage with different providers so always compare other rates. Exclusive insurance agents are usually quite knowledgeable on the products they sell and that allows them to sell at a higher price point. Some people will only use the same exclusive agent partially due to loyalty to the company and the convenience of having all coverages with one company.
Listed below are Denver exclusive insurance agencies that can give you price quotes.
- Allstate Insurance: Eddie W. Pacheco
6200 E Yale Ave – Denver, CO 80222 – (303) 788-0777 – View Map - Bob Chapman – State Farm Insurance Agent
2335 E Evans Ave – Denver, CO 80210 – (303) 777-3005 – View Map - American Family Insurance – Abbie Davis Tanner Agency Inc
2855 Speer Blvd Suite D – Denver, CO 80211 – (303) 333-0205 – View Map
Choosing a insurance agency should depend on more than just a cheap price quote. The following questions are important to ask.
- When do they do a full risk review?
- What is the agency’s Better Business Bureau rating?
- If your car is totalled, how to they determine the replacement cost?
- Is the agent CPCU or CIC certified?
- If you raise deductibles, how much can you save?
- Is their price quote a firm figure or are their hidden costs?
- Do they see any coverage gaps in your plan?
- Do they assist clients in filing claims?
Insurance coverage specifics
Having a good grasp of a insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring.
Comprehensive coverages – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as damage from a tornado or hurricane, damage from getting keyed, a tree branch falling on your vehicle and damage from flooding. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Collision coverage – This pays for damage to your Navigator from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as sustaining damage from a pot hole, colliding with a tree, crashing into a building and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible on your Navigator to save money on collision insurance.
Liability coverages – This protects you from damage or injury you incur to other’s property or people. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/15 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $15,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.
Liability insurance covers things like loss of income, medical expenses and bail bonds. How much coverage you buy is your choice, but buy as large an amount as possible. Colorado state law requires minimum liability limits of 25/50/15 but it’s recommended drivers buy better liability coverage.
Coverage for medical payments – Med pay and PIP coverage pay for short-term medical expenses for chiropractic care, EMT expenses and rehabilitation expenses. The coverages can be used in conjunction with a health insurance program or if you lack health insurance entirely. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible
Uninsured and underinsured coverage – Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.
Due to the fact that many Colorado drivers only carry the minimum required liability limits (which is 25/50/15), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Frequent quotes can save
Drivers leave their current company for many reasons like unfair underwriting practices, poor customer service, delays in responding to claim requests or being labeled a high risk driver. Whatever your reason, finding a new company is pretty easy and you might even save some money in the process.
As you go through the steps to switch your coverage, never buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed comprehensive coverage or liability limits and discovered at claim time that it was a big error on their part. Your strategy should be to get the best coverage possible for the lowest cost, but do not sacrifice coverage to save money.
We covered a lot of techniques to shop for Lincoln Navigator insurance online. The key concept to understand is the more rate comparisons you have, the better chance you’ll have of finding affordable Lincoln Navigator insurance quotes. Consumers could even find that the most savings is with an unexpected company.
More learning opportunities
- Auto Crash Statistics (Insurance Information Institute)
- Who Has Cheap Car Insurance for High Risk Drivers in Denver? (FAQ)
- Who Has the Cheapest Denver Auto Insurance Quotes for Teenage Males? (FAQ)
- Who Has Cheap Denver Car Insurance for Single Moms? (FAQ)
- Liability Insurance Coverage (Nationwide)
- A Tree Fell on Your Car: Now What? (Allstate)
- Think You’re a Safe Driver? (State Farm)