Lincoln MKT Insurance Rates

The average insurance rates for a Lincoln MKT are $1,200 a year including full coverage. Comprehensive costs an estimated $212, collision costs $274, and liability is estimated at $534. Liability-only insurance costs approximately $588 a year, with high-risk driver 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:

Prices are based on $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and for different MKT trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of auto insurance. More rural locations are shown to have lower incidents of comprehensive and collision claims than larger metro areas.

The price range example below illustrates how geographic area affects insurance prices.

The examples above highlight why anyone shopping for car insurance should get quotes for a targeted area, 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 breaks down estimated Lincoln MKT insurance rates for other coverage scenarios.

• The lowest rate with discounts is $726
• Choosing higher $1,000 deductibles can save approximately $110 every year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,200
• Choosing more expensive low deductibles for comp and collision coverage bumps up the cost to $1,412
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,580 or more
• Policy cost that insures a 16-year-old driver with full coverage can cost as much as $4,768 each year

View Chart as Image

Auto insurance rates for a Lincoln MKT also range considerably based on the model year and trim level, your driving record and age, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are likely paying $1,400 to $2,000 in extra premium every year, depending on your age. High-risk driver insurance ranges from 42% to 130% more than average. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will have to pay at least $4,700 a year. View Rates by Age

Your home state plays a big part in determining prices for Lincoln MKT insurance prices. A good driver about age 40 could pay as low as $920 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,720 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing high deductibles can save as much as $330 annually, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $480 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to compare rates from multiple companies. Each auto insurer uses a different rate calculation, and quoted rates 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 Find Affordable Lincoln MKT Insurance

Finding cheaper rates on insurance for a Lincoln MKT takes having a decent driving record, maintaining a good credit score, paying for small claims out-of-pocket, and qualifying for all possible discounts. Shop around every couple of years by requesting quotes from direct car insurance companies, and also from your local car insurance providers.

The following items are a brief review of the material that was presented in the illustrations above.

• Insureds who want additional liability coverage will pay about $590 per year to raise limits from a 30/60 limit to the 250/500 level
• 16 to 18-year-old drivers are the costliest to insure, with premiums being up to $397 each month if the policy includes full coverage
• Drivers considered higher risk with DUI or reckless driving convictions could be charged and average of $1,380 more annually than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save approximately $325 each year