Lincoln MKT Insurance Rates

Estimated insurance rates for a Lincoln MKT are $1,200 a year for full coverage insurance. Comprehensive insurance costs approximately $212 each year, collision costs $274, and liability coverage costs around $534. Liability-only insurance costs as low as $588 a year, with high-risk driver insurance costing $2,580 or more. Teen drivers pay the most at $4,768 a year or more.

Average premium for full coverage: $1,200

Premium estimates by type of coverage:

Prices are based on $500 deductible amounts, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 states and MKT models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on the price of auto insurance. Rural locations are statistically proven to have lower incidents of physical damage claims than larger metro areas.

The graphic below illustrates how where you live affects auto insurance prices.

These rate differences illustrate why all drivers should compare prices using their specific location, rather than using price averages.

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

More Rate Information

The chart below illustrates estimated Lincoln MKT insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $726
• Using higher $1,000 deductibles will save $110 each year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,200
• Choosing low deductibles for physical damage coverage will cost an additional $212 each year
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,580 or more
• An auto insurance policy that insures a teenage driver can cost $4,768 or more

View Chart as Image

Insurance prices for a Lincoln MKT also have a wide range based on the trim level and model year, your age and driving record, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are probably paying anywhere from $1,400 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers can be around 42% to 130% more than average. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 a year, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,700 a year. View Rates by Age

Where you choose to live has a huge impact on Lincoln MKT insurance rates. A driver around age 40 might see prices as low as $790 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,620 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing high deductibles could cut prices by as much as $330 a year, whereas increasing liability limits will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $480 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to figure out who has the best car insurance prices is to do a rate comparison and see how they stack up. Each insurance company uses a different rate calculation, and 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 Affordable Lincoln MKT Insurance

Finding better rates on auto insurance requires having a good driving record, having a good credit score, paying for small claims out-of-pocket, and qualifying for all possible discounts. Shop around at every policy renewal by obtaining price quotes from direct insurance companies, and also from your local car insurance providers.

The next list is a brief review of the data touched on in the above illustrations.

• Consumers who purchase increased levels of liability coverage will pay about $590 annually to increase from 30/60 bodily injury limits to the 250/500 level
• It is possible to save around $140 per year simply by quoting online in advance
• Increasing policy deductibles can save approximately $325 each year
• Drivers age 20 and younger are the costliest to insure, with premiums being up to $397 per month if comprehensive and collision insurance is included