Auto Insurance Rates for a Lincoln MKT in Kansas City

Insurance for Lincoln MKTIt 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 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.

Lincoln MKT Insurance Rates in Kansas City, MO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKT 3.7 2WD $200 $340 $282 $16 $84 $922 $77
MKT 3.7 AWD $220 $390 $282 $16 $84 $992 $83
Get Your Own Custom Quote Go

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.

Lincoln MKT insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKT 3.7 2WD $258 $408 $302 $18 $90 $1,101 $92
MKT 3.7 AWD $286 $470 $302 $18 $90 $1,191 $99
Get Your Own Custom Quote Go

Lincoln MKT insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKT 3.7 2WD $160 $258 $302 $18 $90 $828 $69
MKT 3.7 AWD $176 $296 $302 $18 $90 $882 $74
Get Your Own Custom Quote Go

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.

How to calculate if higher deductibles make sense

Average monthly premium for $250 deductibles: $96
Average monthly premium for $1,000 deductibles (subtract): – $72
Monthly savings from raising deductible: $24
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $24
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 31 months

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.Cheaper car insurance with discounts

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.

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.