Cheap Kansas City Lincoln MKX Insurance

Insurance for Lincoln MKXAre you doing reasearch to find lower-priced car insurance rates in Kansas City, MO? Kansas City shoppers have a choice when shopping for affordable Lincoln MKX insurance. They can either spend hours struggling with agents trying to get quotes or use the internet to compare rates. There is a better way to compare car insurance rates and we’ll show you the best way to quote coverages on a Lincoln and find the lowest price from Kansas City insurance agents and online providers.

Auto insurance statistics for a Lincoln MKX

The premium table shown below outlines a range of insurance coverage prices for Lincoln MKX models. Having insight into how insurance policy rates are formulated can be valuable when making decisions when choosing a new policy provider.

Lincoln MKX Insurance Rates in Kansas City, MO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKX 2WD $198 $462 $346 $20 $104 $1,130 $94
MKX AWD $224 $462 $346 $20 $104 $1,156 $96
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Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Missouri minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Information does not factor in specific location information which can raise or lower coverage prices noticeably.

Physical damage deductibles

When buying auto insurance, a common question is how low should you set your deductibles. The tables below can help you visualize how much more you’ll pay when you choose different physical damage coverage deductibles. The first rate table uses a $100 physical damage coverage deductible and the second data table uses a $500 deductible.

Lincoln MKX insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKX 2WD $230 $488 $266 $16 $80 $1,105 $92
MKX AWD $258 $488 $266 $16 $80 $1,133 $94
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Lincoln MKX insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKX 2WD $168 $330 $266 $16 $80 $860 $72
MKX AWD $188 $330 $266 $16 $80 $880 $73
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Information does not factor in specific garaging location which can lower or raise price quotes greatly.

We can estimate from the data above that using a $100 deductible will cost you approximately $20 more each month or $240 a year across all Lincoln MKX models than selecting the higher $500 deductible. Because you would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you have at a minimum 20 months between claim filings, you would more than likely save some money going with the higher deductible. The numbers below show a better example of how this determination is made.

Average monthly premium for $100 deductibles: $93
Average monthly premium for $500 deductibles (subtract): – $73
Monthly savings from raising deductible: $20
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $20
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

One big caveat is that increasing deductibles to save money means you will have to cover more of the damage yourself when you have a physical damage claim. That will require enough extra savings in order to pay the deductible to have repairs made.

The example below illustrates how choosing a deductible and can increase or decrease Lincoln MKX insurance rates for different insured age categories. The premiums are based on a single female driver, comp and collision included, and no discounts are taken into consideration.

Difference between full coverage and liability only rates

The information below illustrates the difference between Lincoln MKX insurance premiums with full coverage and liability only. The premium estimates are based on no claims or violations, $250 deductibles, single marital status, and no other discounts are factored in.

When to switch to liability coverage only

There is no definitive rule of when to stop paying for physical damage coverage on your policy, but there is a broad guideline. If the yearly cost for physical damage coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s say your Lincoln MKX settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after paying your policy deductible. If you are paying in excess of $200 annually for physical damage coverage, then it’s probably a good time to buy liability coverage only.

There are a few situations where only buying liability is not recommended. If you still have a lienholder on your title, you have to keep full coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should keep full coverage.

Eight Tips to Get Cheap Kansas City Insurance Premiums

The best way to find cheaper car insurance is to take a look at a few of the rating criteria that come into play when calculating your car insurance rates. If you understand what determines base rates, this allows you to make educated decisions that could result in much lower annual insurance costs.

Best car insurance in Missouri

Choosing the right insurance company is difficult considering how many companies there are in Kansas City. The rank data in the lists below could help you pick which companies you want to consider purchasing coverage from.

Top 10 Kansas City Car Insurance Companies by A.M. Best Rank

  1. USAA – A++
  2. GEICO – A++
  3. Travelers – A++
  4. State Farm – A++
  5. Allstate – A+
  6. Progressive – A+
  7. Mercury Insurance – A+
  8. The Hartford – A+
  9. Nationwide – A+
  10. Esurance – A+

Top 10 Kansas City Car Insurance Companies Overall

  1. USAA
  2. 21st Century
  3. GEICO
  4. Nationwide
  5. AAA Insurance
  6. Liberty Mutual
  7. Safeco Insurance
  8. State Farm
  9. Travelers
  10. American Family

Persistence pays off

While you’re price shopping online, it’s very important that you do not buy less coverage just to save a little money. There have been many situations where an insured cut liability limits or collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to get the best coverage possible at a price you can afford.

Lower-priced car insurance in Kansas City is attainable on the web in addition to local insurance agencies, so you need to quote Kansas City auto insurance with both in order to have the best chance of saving money. Some car insurance companies do not provide internet price quotes and these smaller companies only sell through local independent agents.

We just covered a lot of ways to shop for Lincoln MKX insurance online. It’s most important to understand that the more companies you get auto insurance rates for, the better chance you’ll have of finding affordable Lincoln MKX insurance quotes. Consumers could even find that the biggest savings come from some of the lesser-known companies.

Steps to finding the cheapest rates for Lincoln MKX insurance in Kansas City

It takes a few minutes, but the best way to find cheaper Lincoln MKX insurance in Kansas City is to start comparing rates regularly from insurance carriers that sell auto insurance in Missouri.

An essential thing to point out is to compare similar deductibles and liability limits on each price quote and and to get rates from as many companies as possible. This enables an accurate price comparison and a complete price analysis.

Additional car insurance information can be read at the links below