Cheap 2015 Lincoln MKT Car Insurance Rates

Want the cheapest auto insurance rates for your Lincoln MKT? Trying to find the cheapest insurance for a Lincoln MKT can be a lot of work, but you can use these tips and make it easy.

There is a better way to buy auto insurance and you need to know the proper way to price shop coverage for a Lincoln and obtain the lowest possible price from local insurance agents and online providers.

How to save on 2015 Lincoln MKT insurance

Car insurance is not cheap, but there could be available discounts to help offset the cost. Some trigger automatically at the time you complete a quote, but a few need to be asked for in order for you to get them. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Service Members Pay Less – Being deployed with a military unit could be rewarded with lower premiums.
  • Life Insurance Discount – Some companies give better rates if you take out auto and life insurance together.
  • Homeowners Pay Less – Simply owning a home may trigger a insurance coverage policy discount because of the fact that having a home is proof that your finances are in order.
  • Multiple Policy Discount – If you have multiple policies with the same insurance company you will save up to 20% off your total premium.
  • Air Bag Discount – Vehicles with factory air bags or automatic seat belts can qualify for discounts of up to 25% or more.

It’s important to understand that most discounts do not apply to all coverage premiums. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like you can get free auto insurance, you won’t be that lucky. But any discount will help reduce your overall premium however.

A partial list of companies that may offer some of the above discounts may include but are not limited to:

Double check with all companies you are considering which discounts they offer. Savings might not be offered in your area.

Factors determining your Lincoln MKT insurance premium

Smart consumers have a good feel for the different types of things that help determine the rates you pay for insurance. Having a good understanding of what impacts premium levels allows you to make educated decisions that will entitle you to better insurance rates.

  • Tickets mean higher rates – Drivers who don’t get tickets receive lower rates than bad drivers. Even a single speeding ticket can bump up the cost twenty percent or more. Drivers with serious tickets such as DUI or reckless driving are required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.
  • Where you live – Being located in a small town is a positive aspect when it comes to insurance. Urban drivers regularly have more traffic problems and a longer drive to work. Fewer people translates into fewer accidents.
  • Claim-free discounts can add up – If you frequently file small claims, you can look forward to either higher rates or even cancellation. Auto insurance companies provide cheaper rates to drivers who are claim-free. Car insurance is intended for larger claims.
  • Lower rates with optional equipment – Choosing a vehicle with a theft deterrent system can help lower your rates. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.
  • Men pay higher rates – Statistics demonstrate women are more cautious behind the wheel. However, this does not mean women are better drivers. Women and men are in accidents at a similar rate, but the men have costlier accidents. Men also statistically receive more costly citations such as DWI and reckless driving. Male drivers age 16 to 19 tend to get in the most accidents and are penalized with high insurance rates.
  • Discounts for multiple policies – Many insurance companies will give a discount to policyholders who have multiple policies with them. It’s known as a multi-policy discount. Discounts can be 10 percent or more. Even if you’re getting this discount it’s in your best interest to compare other company rates to verify if the discount is saving money.
  • Never allow your policy to lapse – Having an insurance coverage lapse will be a guaranteed way to increase your insurance rates. And not only will your rates increase, getting caught without coverage might get you a license revocation or jail time.Then you may be required to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.

Tailor your coverage to you

When buying coverage, there isn’t really a cookie cutter policy. Everyone’s situation is unique.

For instance, these questions can aid in determining if you might need an agent’s assistance.

  • Does my 2015 Lincoln MKT qualify for pleasure use?
  • Am I covered if I drive in a foreign country?
  • I have health insurance so do I need medical payments coverage?
  • Can my teen drive my company car?
  • Should I put collision coverage on all my vehicles?
  • What is UM/UIM insurance?
  • Are rock chip repairs covered?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and can help protect your family.

Insurance myths debunked

Consumers can’t get away from ads for the lowest price auto insurance by companies like State Farm, GEICO and Progressive. All the ads make an identical promise that you’ll save big after switching to them.

But how can every company claim to save you money? This is how they do it.

Insurance companies have a preferred profile for the type of customer that makes them money. For instance, a desirable insured could possibly be between 25 and 40, has no tickets, and has great credit. Any new insured who fits that profile receives the best rates and most likely will save when they switch companies.

Consumers who do not match the requirements will be quoted higher premiums and ends up with the customer not buying. Company advertisements say “drivers who switch” not “everybody who quotes” save money. That is how companies can truthfully advertise the savings.

This emphasizes why it is so important to get a wide range of price quotes. You cannot predict which company will provide you with the cheapest Lincoln MKT insurance rates.

Auto insurance coverage information

Having a good grasp of auto insurance can help you determine the best coverages and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for expenses such as nursing services, chiropractic care and surgery. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Collision insurance

This coverage pays for damage to your MKT resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like hitting a mailbox, backing into a parked car, colliding with another moving vehicle, sideswiping another vehicle and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverages

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, a broken windshield, damage from flooding and damage from getting keyed. The most your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Lincoln MKT.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Liability coverages

This can cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined limit which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as loss of income, funeral expenses, medical expenses, structural damage and bail bonds. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

Quote often and quote early

Consumers switch companies for a variety of reasons including extreme rates for teen drivers, high prices, high rates after DUI convictions and even denial of a claim. Whatever your reason, switching insurance companies is not as difficult as it may seem.

When you buy insurance online, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where drivers have reduced liability coverage limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to find the BEST coverage at a price you can afford while not skimping on critical coverages.

We’ve covered many tips how you can lower your 2015 Lincoln MKT insurance rates. It’s most important to understand that the more companies you get rates for, the more likely it is that you will get a better rate. Drivers may discover the lowest priced insurance comes from an unexpected company.

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