Lincoln MKT Insurance Rates

Average insurance prices for a Lincoln MKT are $1,278 every 12 months for full coverage insurance. Comprehensive costs an estimated $234 each year, collision costs $330, and liability is estimated at $534. A policy with just liability insurance costs approximately $588 a year, with coverage for high-risk drivers costing around $2,754. Teenage drivers receive the highest rates at $5,020 a year or more.

Average premium for full coverage: $1,278

Rate estimates broken down by individual coverage type:

These estimates include $500 physical damage insurance deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 states and MKT models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on the price of insurance. More rural locations tend to have more infrequent physical damage claims than densely populated cities.

The graphic below illustrates how location impacts insurance prices.

These examples illustrate why all drivers should get quotes for a targeted area and their own driving history, instead of using average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $764
• Choosing higher $1,000 deductibles can save approximately $128 each year
• The average price for a 40-year-old driver who has $500 deductibles is $1,278
• Using low deductibles for comp and collision coverage increases the price to $1,526
• Unlucky drivers who are prone to accidents and violations could pay up to $2,754 or more
• The cost to insure a teen driver can cost as much as $5,020 each year

View Chart as Image

Insurance rates for a Lincoln MKT can also vary considerably based on policy deductibles and limits, your risk profile, and the model year and trim level.

Using high physical damage deductibles can save as much as $380 every year, whereas increasing liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will cost as much as $480 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may pay as little as $1,200 annually on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers should be prepared to pay at least $5,000 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are probably paying $1,500 to $2,100 additional per year, depending on your age. Insurance for high-risk drivers ranges as much as 42% to 131% more than a normal policy. View High Risk Driver Rates

Where you live plays a big part in determining prices for Lincoln MKT insurance prices. A good driver about age 40 could pay as low as $840 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,730 on average in Florida, New York, and Michigan.

View Chart as Image

With so much variability in rates, the only way to figure out which company is cheapest is to do a rate comparison and see which company has the best rate. Each auto insurer uses a different method to calculate rates, and rates can be significantly 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 Shop for Cheap Lincoln MKT Insurance

Saving money on car insurance takes being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Spend time shopping around at least once a year by getting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The items below are a brief summary of the primary concepts that were touched on above.

• It is possible to save approximately $150 per year simply by quoting online in advance
• Higher risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,480 more annually to insure their MKT
• Increasing deductibles could save as much as $375 each year
• Teen drivers are expensive to insure, costing up to $418 per month if full coverage is included