Lincoln MKT Insurance Rates

The average insurance prices for a Lincoln MKT are $1,200 every 12 months for full coverage insurance. Comprehensive costs an estimated $212, collision costs $274, and liability coverage is estimated at $534. A liability-only policy costs approximately $588 a year, with high-risk insurance costing around $2,580. Teens cost the most to insure at $4,768 a year or more.

Average premium for full coverage: $1,200

Policy rates broken down by type of insurance:

Prices include $500 policy deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and for different MKT trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than cities with more traffic congestion.

The price range example below illustrates the difference between rural and urban areas on insurance prices.

The examples above illustrate why anyone shopping for car insurance should get quotes for a targeted area and their own driving history, rather than using averaged prices.

Use the form below to get customized rates for your location.

Rate Comparisons

The chart below illustrates estimated Lincoln MKT insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $726
• Choosing higher $1,000 deductibles can save approximately $110 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,200
• Selecting more expensive low deductibles for comp and collision coverage increases the price to $1,412
• Drivers with serious driving violations could pay up to $2,580 or more
• Policy cost to insure a teenage driver with full coverage can cost as much as $4,768 each year

View Chart as Image

Car insurance rates for a Lincoln MKT also range considerably based on liability limits and deductibles, your risk profile, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles can save as much as $330 a year, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $480 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged at least $4,700 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying $1,400 to $2,000 extra every year, depending on your age. High-risk driver insurance ranges around 42% to 130% more than the average policy. View High Risk Driver Rates

Your home state plays a big part in determining prices for Lincoln MKT insurance rates. A good driver about age 40 could pay as low as $790 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,620 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to compare rates and see how they stack up. Each auto insurer calculates rates differently, so rate quotes will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2012 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Shop for the Right Lincoln MKT Insurance

Finding cheaper rates on auto insurance takes being a good driver, maintaining a good credit score, being claim-free, and not having any coverage lapses. Set aside time to compare rates every couple of years by getting rate quotes from direct insurance companies, and also from insurance agencies where you live.

The following list is a quick rundown of the material that was covered above.

• Consumers who want an increased level of liability coverage will pay approximately $590 annually to raise limits from a 30/60 limit to a 250/500 level
• Drivers age 16 to 20 have the highest car insurance rates, possibly costing $397 each month if the policy includes full coverage
• Drivers with reckless driving or DUI convictions could be forced to pay on average $1,380 more annually than a safer driver
• Increasing comprehensive and collision deductibles could save as much as $325 each year