Lincoln MKT Insurance Rates

Estimated insurance rates for a Lincoln MKT are $1,200 a year for full coverage insurance. Comprehensive insurance costs an estimated $212 a year, collision costs $274, and liability costs $534. A liability-only policy costs as little as $588 a year, with high-risk insurance costing $2,580 or more. Teenage drivers pay the most at $4,768 a year or more.

Average premium for full coverage: $1,200

Premium estimates broken down by type of coverage:

Price estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all 50 states and MKT trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can make a big difference on the price of insurance. More rural locations are statistically proven to have lower incidents of physical damage claims than densely populated cities.

The diagram below illustrates the effect of geographic area on insurance prices.

These rate differences illustrate why it is important to compare rates for a targeted area, instead of making a decision based on average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $726
• Drivers who choose higher $1,000 deductibles will pay approximately $1,090 each year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $1,200
• Using low $100 deductibles for comprehensive and collision insurance will cost an additional $212 annually
• Drivers who are prone to accidents and violations could pay up to $2,580 or more
• An auto insurance policy that insures a 16-year-old driver can cost as much as $4,768 a year

View Chart as Image

Auto insurance prices for a Lincoln MKT also have a wide range based on the trim level of your MKT, your age and driving record, and liability limits and deductibles.

If you have a few violations or you caused an accident, you are probably paying $1,400 to $2,000 in extra premium annually, depending on your age. A high-risk auto insurance policy can cost from 42% to 130% more than a normal policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will have to pay at least $4,700 a year. View Rates by Age

Where you choose to live makes a big difference in Lincoln MKT insurance prices. A 40-year-old driver could pay as low as $790 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,620 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $330 annually, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $480 extra every year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to figure out which insurance company is cheapest is to get quotes from multiple companies. Every company uses a different method to calculate prices, and quoted prices will be substantially different.

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 Find Cheaper Lincoln MKT Insurance

Finding better rates on insurance for a Lincoln MKT not only requires being a safe and courteous driver, but also maintaining a good credit score, paying for small claims out-of-pocket, and qualifying for all possible discounts. Compare prices at least every other year by getting quotes from direct insurance companies, and also from local insurance agencies.

Below is a condensed summary of the car insurance concepts covered in the above illustrations.

• Drivers considered higher risk with multiple at-fault accidents may have to pay on average $1,380 more annually for auto insurance
• It is possible to save approximately $140 per year simply by quoting early and online
• Increasing policy deductibles can save approximately $325 each year
• Insureds who want higher levels of liability will pay an extra $590 annually to go from 30/60 bodily injury limits to the 250/500 level