A guide to Lincoln Navigator insurance by Daigle & Travers

2018 Lincoln NavigatorLincoln just celebrated its centennial and it has unleashed the ultimate luxury machine packed into one of America’s favorite brands. From the coveted Lincoln Black Label service to the countless customization options, this seems to be the top vehicle on everyone’s shopping list this year. Before you head over to www.lincoln.com and start building your SUV, let’s look at what you can expect when insuring this beast.


Costs of Insuring your Lincoln Navigator

The regular yearly cost for insuring a Lincoln Navigator will vary based on many factors, but if you are looking for an approximation, let’s say $1,500 to $3,500. The cost will be influenced by the sort of security you have, where you live as well as other factors such as your credit rating, driving experience and history.


Actual Cash Value

Many auto plans utilize actual cash value insurance protection. This suggests that when you’re in a collision, your insurance company will determine the worth of your Lincoln Navigator. They will also determine the final claim settlement amount.

If you do not agree with your insurer’s valuation of your car after an accident, your only choice may be to pursue arbitration under this kind of plan.


Stated Value

The definition of stated value is frequently misunderstood by insurance holders and insurance providers. That is to say, some insurance policy firms utilize stated value and agreed value reciprocally which is inaccurate. Stated value implies that the insurance provider will pay the lower amount of either repair costs, the stated policy value, or the vehicle’s actual cash value. For these policies, stated amount will only pay the amount offered, or the actual cash value, whichever costs less.


Agreed Value

Agreed Value is the best policy to have; it indicates that if you have an accident in your Lincoln Navigator, an insurance plan with agreed value will cover the loss up to the agreed amount specified in your policy.

These policies do not have actual cash value stated anywhere. You need to validate that your insurance provider uses the actual Navigator value when they issue the policy. So, if that value increases or decreases, you want to have the option to change the agreed value.


Car insurance policy for Lincoln Navigator owners

Collision and Comprehensive Coverage

If you are the owner of an Lincoln Navigator, it’s smart to add collision and comprehensive insurance protection. If you’re in an accident and don’t have this coverage, you may have to spend thousands out-of-pocket on car repairs.


Other Important Information to Remember:

•Not all programs will allow you to insure custom items that you have added to your Lincoln.
•Different physical damage deductibles are available. The higher your deductible, the lower your premium.
•Be sure to read your application carefully.
•Asking your agent about policy restrictions and warranties prior will help you find a program suited to your needs.
•Be sure to get an agreed amount Lincoln Navigator insurance policy through a respectable insurance broker who is familiar with the automobile business. This will ensure that you do not have to lose sleep on the settlement of future claims.
•Your agent should be in a good relationship with insurance company underwriters.
•Only a few agents will claim to have authority to assist insurance company settlement claims swiftly for your benefit.


Would you settle for less?

If your current agent doesn’t offer you an acceptable insurance policy for your Lincoln, find a new agent.

Read over your policy very carefully. Spend time comparing all aspects and not just the prices. Make sure it suits your needs and will help you find the coverage that works best for your specific situation.


Here at Daigle & Travers, we can help you find the right coverage for your car and will recommend policies from only the best insurance companies. We have offices in Darien, Wilton, and Westport CT. But, we also serve much of the tri-state area. Give us a call today to learn more about Lincoln Navigator insurance cost at (203) 655-6974.