How Much Does 2018 Lincoln MKT Insurance Cost?

Want cheaper insurance coverage rates for your Lincoln MKT? Nobody I know fancies paying their premiums for insurance coverage, in particular when the cost is too high.

Big-name insurance companies like State Farm, GEICO and Farmers Insurance all claim big savings with ads and consumers find it hard to see through the cute green geckos and mayhem and do the work needed to find the best deal.

How much is insurance?

Shopping for lower insurance rates is a ton of work if you aren’t aware of the most efficient way to do it. You can spend countless hours discussing policy coverages with agents in your area, or you could use the web to get rate comparisons in just a few minutes.

Many of the larger companies participate in a marketplace that allows shoppers to only type in their quote data once, and each participating company returns a rated price based on the submitted data. This saves time by eliminating quotation requests to each individual insurance company.

To get comparison pricing now click to open in new window.

The only downside to getting quotes like this is you are unable to specify which insurance companies to get pricing from. If you prefer to choose from a list of companies to compare prices, we have assembled a list of the cheapest insurance companies in your area. Click here to view list.

It’s your choice how you get your quotes, but do your best to use identical deductibles and coverage limits for each price quote. If the quotes have different deductibles then you won’t be able to determine which rate is truly the best. Having just a slight variation in coverage limits may result in large price differences. And when quoting insurance, remember that getting more free quotes helps locate more affordable insurance. Some insurance companies are not set up to provide rate quotes online, so it’s recommended that you also compare rates from the smaller companies as well.

Is there truth in advertising?

Car insurance providers like State Farm and Allstate endlessly run ads on TV and radio. All the ads state the claim that drivers can save some big amount if you get a free auto insurance quote and switch your coverage to them. That’s great but how can every company cost less than your current company? It’s all in the numbers.

Insurance providers have a certain “appetite” for the type of driver that earns them a profit. One example of a profitable insured may need to be over the age of 40, owns their home, and chooses high deductibles. Someone that matches those criteria will qualify for the lowest auto insurance rates and is almost guaranteed to save when they switch companies.

People who cannot meet the “perfect” profile must pay a higher rate and ends up with business not being written. If you listen closely, the ads state “drivers that switch” but not “all drivers who get quotes” save that much. That’s the way companies can advertise the savings.

This really illustrates why it’s extremely important to do a quote comparison often. Because you never know the company that will have the lowest rate quotes.

Take advantage of every car insurance discount

Some insurers don’t always publicize all available discounts in a way that’s easy to find, so below is a list a few of the more common and the more hidden discounts that may be available.

  • Paperless Signup – A few companies will provide an incentive get auto insurance on their website.
  • Professional Organizations – Being in a professional or civic organization may earn a discount on your next car insurance statement.
  • Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. You can use this discount normally up to age 25.
  • Discounts for Cautious Drivers – Insureds without accidents could pay up to 40% less for MKT coverage compared to rates paid by drivers with frequent claims.
  • Defensive Driver Discount – Taking a class that teaches defensive driving techniques could save 5% or more if your company offers it.
  • Claim Free – Drivers who stay claim-free are rewarded with significantly better rates on auto insurance quote in comparison with policyholders that have many claims.
  • Theft Deterent Discount – Cars with anti-theft systems can help prevent theft and will qualify for a discount on a auto insurance quote.

Remember that many deductions do not apply to the entire policy premium. The majority will only reduce individual premiums such as comprehensive or collision. If you do the math and it seems like it’s possible to get free car insurance, companies don’t profit that way.

If you would like to see a list of insurers that offer discounts, click this link.

How to know if you need help

When buying proper insurance coverage, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that can help discover if you may require specific advice.

  • What is UM/UIM insurance?
  • Can I rate high risk drivers on liability-only vehicles?
  • Do I have coverage for damage caused while driving under the influence?
  • What is covered by UM/UIM coverage?
  • Does my policy pay for OEM or aftermarket parts?
  • What is the minimum liability in my state?
  • Am I covered when driving in Canada or Mexico?
  • What exactly is covered by my policy?
  • If my 2018 Lincoln MKT is totaled, can I afford another vehicle?
  • Can I pay claims out-of-pocket if I buy high deductibles?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Coverages available on your policy

Knowing the specifics of a car insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find the usual coverages offered by car insurance companies.

UM/UIM Coverage

This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Lincoln MKT.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these limits do not exceed the liability coverage limits.

Liability auto insurance

Liability insurance will cover damage that occurs to people or other property by causing an accident. It protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as bail bonds, medical expenses, funeral expenses, medical services and attorney fees. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for expenses like EMT expenses, hospital visits and nursing services. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like vandalism, hail damage, damage from flooding, theft and hitting a bird. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverage protection

Collision coverage covers damage to your MKT resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as sideswiping another vehicle, crashing into a building, crashing into a ditch, rolling your car and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

More quotes. Lower rates.

Some insurance companies don’t offer online quoting regional insurance providers only sell through independent insurance agents. Low-cost 2018 Lincoln MKT insurance can be sourced both online as well as from insurance agents, so you need to compare both to have the best chance of lowering rates.

As you quote auto insurance, you should never skimp on critical coverages to save a buck or two. In many cases, someone sacrificed comprehensive coverage or liability limits only to regret that it was a big mistake. Your strategy should be to find the BEST coverage at an affordable rate, but do not skimp to save money.

Additional detailed information is available in the articles below: