The best way to find cheaper quotes for Lincoln MKT insurance is to do a yearly price comparison from insurance carriers that sell auto insurance in Stockton.
- Get an understanding of how car insurance works and the factors you can control to prevent rate increases. Many factors that are responsible for high rates such as at-fault accidents, speeding tickets, and a lousy credit rating can be remedied by making lifestyle changes or driving safer. Read the full article for additional tips to prevent expensive rate increases and get bigger discounts that may have been overlooked.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like Progressive and State Farm, while independent agents can provide prices from multiple companies.
- Compare the price quotes to your current policy premium to see if cheaper MKT coverage is available in Stockton. If you can save money and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Provide proper notification to your current company of your intention to cancel your existing policy. Submit a completed application and payment to your new insurance company. As soon as you can, place the new proof of insurance certificate with the vehicle registration.
A valuable tip to remember is to use identical limits and deductibles on each quote request and and to get prices from as many companies as feasibly possible. Doing this guarantees a fair price comparison and plenty of rates choose from.
It’s easy to assume that insurance companies don’t want their policyholders to compare prices. People who shop around at least once a year are highly likely to switch to a new company because there is a high probability of finding a cheaper policy. A survey found that drivers who routinely compared rates saved about $865 annually as compared to drivers who don’t make a habit of comparing rates.
If finding the lowest price for insurance in Stockton is why you’re here, then having a good understanding how to quote prices and compare car insurance can make the process more efficient.
The best way to compare rate quotes for Lincoln MKT insurance in Stockton is to know the fact almost all companies actually pay money for the chance to provide you with free rate quotes. To begin a comparison, all you need to do is provide the companies a bit of rating information including if you’re married, how much school you completed, an estimate of your credit level, and if it has an alarm system. Your insurance information is instantly provided to multiple insurance providers and you will receive price estimates instantly.
To start a quote now, click here and enter your zip code.
The companies in the list below offer price quotes in California. If the list has multiple companies, it’s highly recommended you click on several of them to find the most competitive car insurance rates.
Insurance discounts help lower rates for Lincoln MKT insurance in Stockton
Some insurance providers do not list the entire discount list very well, so we researched a few of the more well known as well as the least known discounts that may be available. If you don’t get every credit available, you could be getting lower rates.
- Drive Less and Save – Low annual miles can qualify you for slightly better premium rates than normal.
- Switch and Save Discount – A few larger companies offer discounts for buying a new policy early. It’s a savings of about 10%.
- Own a Home and Save – Owning a home in Stockton can save you money because owning a home shows financial diligence.
- Professional Memberships – Being a member of qualifying clubs or civic groups can get you a small discount on insurance.
- Discounts for Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less compared to accident prone drivers.
- Telematics Data – Policyholders that allow their company to scrutinize driving patterns by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could see a rate decrease if they have good driving habits.
- Bundle and Save – When you combine your home and auto insurance with one company they may give you a discount of nearly 15% which can help you find cheaper MKT insurance.
- Buy New and Save – Buying a new car model can get you a discount compared to insuring an older model.
- Theft Prevention Discount – Anti-theft and alarm system equipped vehicles are less likely to be stolen and therefore earn up to a 10% discount.
- Air Bag Discount – Factory options such as air bags or motorized seat belts may get savings up to 30%.
We need to note that many deductions do not apply to the whole policy. Some only reduce individual premiums such as medical payments or collision. Even though it appears you can get free auto insurance, you won’t be that lucky.
The chart below visualizes the comparison of Lincoln MKT insurance costs with and without discounts applied. The information is based on a male driver, no violations or claims, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, claim-free, multi-car, marriage, and multi-policy discounts applied.
Companies that may have many of the previously listed discounts possibly include:
If you need lower rates, check with each insurance company to give you their best rates. Some of the earlier mentioned discounts might not be offered on policies in Stockton. If you would like to choose from a list of insurance companies with the best discounts in California, click here to view.
Insurance coverage details
The rate table displayed below covers detailed analysis of prices for Lincoln MKT models. Understanding more about how policy premiums are determined can help guide drivers when making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKT 3.7 2WD | $254 | $482 | $650 | $38 | $194 | $1,618 | $135 |
| MKT 3.7 AWD | $280 | $554 | $650 | $38 | $194 | $1,716 | $143 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Price information does not factor in specific location information which can influence insurance rates noticeably.
Deductible comparison
One frequently asked question is which deductible level should you buy. The comparison tables below can help illustrate the rate fluctuation of buying low and high coverage deductibles. The first rate estimation uses a $250 deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKT 3.7 2WD | $430 | $678 | $500 | $30 | $150 | $1,813 | $151 |
| MKT 3.7 AWD | $474 | $780 | $500 | $30 | $150 | $1,959 | $163 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKT 3.7 2WD | $266 | $426 | $500 | $30 | $150 | $1,372 | $114 |
| MKT 3.7 AWD | $292 | $490 | $500 | $30 | $150 | $1,462 | $122 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Premium costs do not factor in vehicle location which can impact premiums greatly.
We can estimate from the data above that using a $250 deductible could cost the average driver approximately $39 more each month or $468 for a full year averaged for all MKT models than choosing the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 19 months between claim filings, you would more than likely save some money if you opt for a higher deductible.
The illustration below highlights how deductible selection and can raise or lower Lincoln MKT insurance costs for different insured age categories. The premiums are based on a single male driver, comprehensive and collision coverage, and no discounts are factored in.
Impact of citations and accidents on Stockton insurance rates
The illustration below highlights how speeding tickets and at-fault fender-benders impact Lincoln MKT auto insurance rates for different age groups. The prices are based on a single female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
Male drivers compared to female drivers
The illustration below shows the difference between Lincoln MKT annual premium costs for male and female drivers. The premiums are based on no claims or violations, full coverage, $250 deductibles, single marital status, and no additional discounts are factored in.
Cost of full coverage in Stockton
The illustration below compares Lincoln MKT auto insurance rates when comparing full coverage to state minimum liability only. The rate quotes are based on no claims, a clean driving record, $100 deductibles, single status, and no policy discounts are applied.
When to stop paying for full coverage
There is no exact formula for phasing out comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Lincoln MKT settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $4,000 after you pay the deductible. If you are currently paying more than $400 annually for full coverage, then it could be time to drop full coverage.
There are some situations where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should keep full coverage in place.