Lincoln MKT Insurance Rates

The average insurance rates for a Lincoln MKT are $1,200 a year for full coverage. Comprehensive 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 around $2,580. Teen drivers 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:

Full coverage includes $500 deductible amounts, 30/60 bodily injury liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all states and MKT trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on insurance rates. More rural locations are shown to have a lower frequency of accident claims than larger metro areas.

The diagram below illustrates how location helps determine insurance prices.

The examples above show why it is important to compare rates for a targeted area and risk profile, instead of making a decision based on price averages.

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

Additional Rate Details

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

• The lowest rate with discounts is $726
• Drivers who choose higher $1,000 deductibles will pay approximately $1,090 a year
• The average rate for a good driver age 40 who has $500 deductibles is $1,200
• Choosing low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,412
• Drivers with multiple violations and an at-fault accident could pay up to $2,580 or more
• Policy cost for full coverage for a 16-year-old driver can cost as much as $4,768 a year

View Chart as Image

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

Older drivers with no driving violations and high deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged at least $4,700 a year. View Rates by Age

Your home state 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 Iowa, Maine, and Idaho, or as much as $1,720 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $330 annually, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $480 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying $1,400 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy can cost from 42% to 130% more than average. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to get quotes from multiple companies. Every company uses a different rate calculation, so rate quotes will be varied from one company to the next.

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 More Affordable Lincoln MKT Insurance

Finding cheaper rates on insurance for a Lincoln MKT not only requires having a good driving record, but also having above-average credit, avoid buying unnecessary coverage, and not having any coverage lapses. Invest time comparing rates at every other renewal by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The next list is a summary of the concepts that were covered in the charts and tables above.

• Drivers considered higher risk who have multiple accidents or major violations pay an average of $1,380 more annually to buy Lincoln MKT insurance
• Drivers age 20 and younger have the highest car insurance rates, costing up to $397 each month if full coverage is included
• Drivers can save approximately $140 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save around $325 each year
• Drivers can save approximately $140 per year simply by quoting early and online