Auto Insurance Rates for a Lincoln MKT in Kansas City

It takes a few minutes, but the best way to find better pricing on auto insurance rates is to do an annual price comparison from providers who provide auto insurance in Kansas City.

1. Try to learn a little about how companies set rates and the things you can control to keep rates in check. Many things that increase rates like at-fault accidents, careless driving, and a negative credit history can be controlled by making small lifestyle or driving habit changes. Keep reading for additional ideas to get affordable coverage and get discounts that may be overlooked.
2. Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from one company like Progressive or Allstate, while independent agents can provide price quotes from many different companies. Begin your rate comparison
3. Compare the new quotes to your current policy to determine if you can save on MKT insurance. If you find better rates, make sure there is no lapse in coverage.
4. Provide written notification to your current company of your intent to cancel your current auto insurance policy and submit a down payment along with a completed application to your new carrier. As soon as you receive it, keep your new proof of insurance paperwork in an easily accessible location in your vehicle.

One important bit of advice is that you’ll want to compare similar coverage information on each quote request and to quote with as many different insurance providers as possible. Doing this enables an accurate price comparison and a complete price analysis.

It’s an obvious assumption that insurance companies don’t want you shop around. Consumers who shop for lower rates will most likely switch insurance companies because there is a great chance of finding a lower-cost company. A recent insurance study revealed that drivers who regularly shopped around saved an average of $860 a year compared to people who never compared prices.

If finding the cheapest rates on Lincoln MKT insurance is your ultimate objective, then having some insight into how to get free comparison quotes and analyze insurance coverage can make it simple to find affordable coverage.

If you have insurance now or just want to reduce your rates, you will benefit by learning to save money and possibly find even better coverage. Locating the best rates in Kansas City can be much easier if you know how to start. Consumers just need to use the quickest way to compare price quotes using one simple form.

Most of the larger companies such as Allstate and Progressive provide insurance quotes on their websites. Obtaining pricing for Lincoln MKT insurance in Kansas City is possible for anyone as you just enter your personal and coverage information into a form. Behind the scenes, the quote system makes automated requests for your credit score and driving record and returns pricing information determined by many factors. Getting online quotes for Lincoln MKT insurance in Kansas City makes comparing rates easy, and it is imperative to get many rate quotes in order to get the best rate.

To save time and find out how much you can save on insurance, compare quotes from the companies shown below. If you currently have coverage, we recommend you type in your coverages identical to your current policy. Using the same limits helps guarantee you will be getting a fair comparison for the exact same coverage.

The auto insurance companies shown below are our best choices to provide price comparisons in Kansas City, MO. To find the best cheap car insurance in Kansas City, we recommend you visit two to three different companies to get the best price comparison.

Three reasons car insurance is important

Despite the high cost, insurance is mandatory in Missouri but it also protects more than you think.

• The majority of states have mandatory liability insurance requirements which means state laws require a specific minimum amount of liability protection if you drive a vehicle. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If your vehicle has a lienholder, more than likely the lender will require that you carry insurance to guarantee loan repayment. If you do not keep the policy in force, the lender may have to buy a policy to insure your Lincoln at a much higher rate and make you pay the higher premium.
• Insurance safeguards not only your Lincoln but also your assets. It will also reimburse you for medical expenses for both you and anyone you injure as the result of an accident. Liability coverage will also pay attorney fees if you are sued as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, your car insurance policy will cover the repair costs.

The benefits of carrying enough insurance definitely exceed the price paid, particularly if you ever have a claim. According to a 2015 survey, the average American driver is overpaying over $810 a year so you should quote and compare rates at every renewal to help ensure money is not being wasted.

Car insurance analysis for a Lincoln MKT

The coverage information shown next outlines different insurance premium costs for Lincoln MKT models. Understanding how auto insurance premiums are calculated can help customers make decisions on the best policy coverages.

Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Missouri minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Prices do not factor in your specific Kansas City location which can revise coverage prices considerably.

Where to set your deductibles

The hardest decision when buying coverage is where to set your physical damage deductibles. The comparison tables below can help illustrate how much more you’ll pay between low and high coverage deductibles. The first pricing table uses a $250 deductible for physical damage and the second pricing table uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rate information does not factor in garaging location in Kansas City which can modify coverage rates significantly.

We can estimate from the data above that using a $250 deductible will cost in the ballpark of $24 more each month or $288 annually across all Lincoln MKT models than buying the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 31 months between claims, you would save more money going with the higher deductible.

The diagram below demonstrates how deductibles and can influence Lincoln MKT insurance costs for different age groups. The prices are based on a single male driver, full coverage, and no policy discounts are applied.

Liability only or full coverage

The information below visualizes the comparison of Lincoln MKT car insurance costs when comparing full coverage to state minimum liability only. The prices are based on no claims or violations, $250 deductibles, drivers are single, and no discounts are taken into consideration.

Guidelines for dropping full coverage

There is no written rule to stop paying for physical damage insurance, but there is a general guideline you can use. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.

For example, let’s pretend your Lincoln MKT replacement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after you pay the deductible. If you are paying in excess of $800 a year for your policy with full coverage, then you may want to consider only buying liability coverage.

There are some conditions where dropping full coverage is not advised. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should keep full coverage.

These discounts can lower your car insurance quotes

Some insurers don’t necessarily list their entire list of discounts very well, so below is a list some of the more common and the more hidden credits that may apply to you. If you do not double check each discount available, you are paying more than you should be.

• Low Miles Discount – Driving less could qualify for slightly better premium rates than normal.
• Passive Restraints and Air Bags – Factory air bags can get savings of 20 to 30 percent.
• Anti-lock Brake Discount – Cars with anti-lock braking systems have fewer accidents and qualify for as much as a 10% discount.
• Auto/Home Discount – If you combine your auto and homeowners policies with the same insurance company you could save approximately 10% to 15%.
• Theft Prevention Discount – Cars that have factory anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
• Life Insurance Discount – Not all companies offer life insurance, but some may give you a small discount if you purchase some life insurance in addition to your auto policy.
• Distant Student Discount – Children living away from Kansas City attending college and leave their car at home could qualify for this discount.
• Accident Forgiveness – This one is not really a discount per se, but companies like Allstate and State Farm will allow you to have one accident before hitting you with a surcharge so long as you are claim-free for a particular time prior to the accident.
• Safety Course Discount – Participating in a course teaching defensive driver skills can save you 5% or more if you qualify.
• Discounts for Multiple Vehicles – Buying coverage for multiple cars with the same car insurance company may reduce the rate for each vehicle.

Discounts lower rates, but some of the credits will not apply to the entire cost. Most cut the cost of specific coverages such as comp or med pay. So when the math indicates having all the discounts means you get insurance for free, companies wouldn’t make money that way.

The example below illustrates the difference between Lincoln MKT car insurance costs with and without discounts being applied to the rates. The price estimates are based on a female driver, no driving violations, no at-fault accidents, Missouri state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, claim-free, homeowner, multi-car, and safe-driver discounts applied.

A few popular companies and the discounts they provide are outlined below.

• American Family has discounts for accident-free, mySafetyValet, good driver, early bird, good student, and bundled insurance.
• Farm Bureau includes discounts for 55 and retired, multi-vehicle, youthful driver, safe driver, multi-policy, and renewal discount.
• State Farm has savings for defensive driving training, student away at school, anti-theft, safe vehicle, and multiple policy.
• Travelers offers discounts for early quote, hybrid/electric vehicle, payment discounts, IntelliDrive, driver training, save driver, and home ownership.
• The Hartford offers discounts including defensive driver, vehicle fuel type, driver training, bundle, air bag, anti-theft, and good student.
• GEICO offers premium reductions for anti-lock brakes, anti-theft, driver training, seat belt use, federal employee, multi-policy, and air bags.
• Progressive policyholders can earn discounts including continuous coverage, multi-vehicle, online signing, homeowner, good student, online quote discount, and multi-policy.

Double check with all companies you are considering the best way to save money. Discounts may not apply to policies in your state. To view companies with the best discounts in Missouri, click this link.