2014 Lincoln MKT Insurance Rates

Trying to find better car insurance rates for your Lincoln MKT? Expensive car insurance can take a big chunk out of your checking account and force you to prioritize other expenses. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away.

Many car insurance companies compete for your hard-earned dollar, so it’s not easy to compare every insurer to get the lowest cost out there.

Verify you’re getting all your discounts

Companies offering auto insurance don’t necessarily list all their discounts very well, so the following is a list of some of the more common and the more hidden savings tricks you should be using.

  • No Claims – Drivers who don’t have accidents pay less when compared with accident-prone drivers.
  • Government Employees – Simply working for the federal government can earn a discount up to 10% on MKT coverage with select insurance companies.
  • No Charge for an Accident – A few companies allow you one accident before hitting you with a surcharge so long as you haven’t had any claims prior to the accident.
  • Driver Safety – Completing a course teaching defensive driving skills could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Discount for Life Insurance – Some companies give a discount if you purchase a life insurance policy as well.
  • Drivers Ed for Students – Have your child complete a driver education course if offered at their school.
  • Sign Online – Some insurance companies give back up to $50 for buying your policy over the internet.

Keep in mind that most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like comp or med pay. So despite the fact that it appears it’s possible to get free car insurance, it doesn’t quite work that way.

Insurance companies who might offer these money-saving discounts include:

Before buying, ask each company how you can save money. Some discounts might not be offered everywhere.

Finding Insurance

The are a couple different ways to compare rate quotes from different insurance companies. The best method to find the lowest 2014 Lincoln MKT rates consists of shopping online. This can be done in a couple of different ways.

The most efficient way to find low rates is a comparison rater form click here to open form in new window. This method prevents you from having to do separate forms for each company you want a rate for. In just a few minutes this one form compares rates direct from many companies.

A less efficient way to get quotes online requires a visit to each company’s website and request a quote. For instance, let’s assume you want to compare State Farm, Safeco and Progressive. To get each rate you have to go to every website to enter your coverage information, which is why the first method is more popular.

For a handy list of car insurance company links in your area, click here.

The least efficient method of getting rate comparisons is driving around to insurance agents’ offices. Buying insurance online makes this process obsolete unless you prefer the professional guidance only provided by licensed agents. However, consumers can get the lowest quotes online but buy from a local insurance agent and we’ll talk about that later.

Which method you use is up to you, but make darn sure you compare the exact same coverages for each comparison quote. If you enter different deductibles then you won’t be able to determine the best price for your Lincoln MKT. Quoting even small variations in coverages can result in a big premium difference. And when comparing insurance rates, know that getting more free quotes helps you find the best offered rates.

These factors can influence Lincoln MKT insurance rates

Smart consumers have a good feel for the different types of things that come into play when calculating your insurance coverage rates. Understanding what impacts premium levels enables informed choices that could result in lower insurance coverage prices.

  • Where do you drive? – The more you drive every year the more you’ll pay to insure your vehicle. The majority of insurers price each vehicle’s coverage based on their usage. Cars left parked in the garage qualify for better rates compared to those used for work or business. Make sure your insurance coverage policy shows the correct driver usage. Incorrect usage on your MKT can cost quite a bit.
  • Extra add-on coverages are wasting money – There are many extra coverages you can purchase when buying insurance coverage. Things like vanishing deductibles, better glass coverage and motor club memberships are examples of these. These coverages may sound good when talking to your agent, but if you don’t need them remove them from your policy.
  • How many coverages with the same company – The majority of insurers provide better rates to people who carry more than one policy. It’s known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even if you’re getting this discount it’s still a good idea to shop around to verify if the discount is saving money. Consumers may find a better deal by insuring with multiple companies.
  • Credit scores impact insurance coverage rates – Your credit score is a large factor in determining your rates. If your credit rating is lower than you’d like, you could save money insuring your 2014 Lincoln MKT by improving your credit score. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers who have poor credit.
  • Bad driving skills means higher rates – Your driving citation history has a big impact on rates. Drivers who don’t get tickets get better rates than bad drivers. Just one ticket can bump up the cost forty percent or more. Drivers who have serious citations such as DUI or reckless driving may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.

When should I talk to an agent?

When it comes to choosing the best insurance coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your insurance needs might need an agent’s assistance.

  • Is there coverage for injuries to my pets?
  • Do I need added coverage for expensive stereo equipment?
  • Do I have coverage if my license is suspended?
  • Should I have combined single limit or split liability limits?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Are all vehicle passengers covered by medical payments coverage?
  • Is a new car covered when I drive it off the dealer lot?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Specific coverage details

Understanding the coverages of a insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Listed below are the normal coverages found on most insurance policies.

Collision – This coverage pays for damage to your MKT caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like damaging your car on a curb, crashing into a building and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage – This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Lincoln MKT.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Comprehensive coverage – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like theft, hitting a deer, vandalism and hail damage. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Auto liability – This coverage can cover injuries or damage you cause to a person or their property that is your fault. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims such as repair costs for stationary objects, emergency aid, legal defense fees and attorney fees. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP pay for expenses like nursing services, hospital visits and ambulance fees. They are often used in conjunction with a health insurance program or if there is no health insurance coverage. They cover you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Final considerations

When trying to cut insurance costs, it’s a bad idea to buy poor coverage just to save money. There have been many cases where consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. The aim is to purchase plenty of coverage at a price you can afford.

Throughout this article, we presented some good ideas how to compare 2014 Lincoln MKT insurance prices online. The key thing to remember is the more providers you compare, the higher your chance of finding lower rates. You may even find the biggest savings come from a smaller regional carrier. They may only write in your state and offer lower rates as compared to the big name companies such as State Farm, Geico and Nationwide.

For more information, take a look at the resources below: