Insurance quote for Lincoln MKT in AuroraSick and tired of robbing Peter to pay Paul to insure your Lincoln every month? You are in the same boat as the majority of other people in Colorado.

Remarkably, a study showed that nearly 70% of consumers kept buying from the same company for a minimum of four years, and nearly 40% of drivers have never compared rates with other companies. The average driver in Colorado could cut their rates by 35% a year, but most tend to underestimate the benefits if they swap their current policy for a cheaper one.

Due to the large number of options when it comes to auto insurance, it is hard for the average consumer to locate the lowest cost auto insurance company.

Finding the cheapest coverage in Aurora is quite easy if you know the best way to do it. Basically, everyone who shops for auto insurance should find better rates. But Colorado vehicle owners need to learn the methods companies use to calculate your auto insurance rates.

The method we recommend to compare car insurance company rates for Lincoln MKT insurance in Aurora is to know car insurance companies actually pay money for the chance to compare their rates. To begin a comparison, all you need to do is give them some information like how old drivers are, your general credit rating, whether or not you need a SR-22, and if the car is leased. Your details is then sent to multiple top-rated companies and they respond with quotes within a short period of time.

If you wish to get multiple quotes for your car now, click here and enter your coverage details.

The companies in the list below are our best choices to provide price quotes in Colorado. If multiple companies are shown, it's highly recommended you visit several of them in order to get a fair rate comparison.

Lincoln MKT Insurance Cost Estimates in Aurora, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKT 3.7 2WD $310 $496 $408 $24 $122 $1,360 $113
MKT 3.7 AWD $322 $614 $374 $22 $112 $1,444 $120
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Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Rates do not factor in zip code location which can increase or decrease insurance rates greatly.

Insurance rate increases from tickets or accidents

The diagram below demonstrates how speeding tickets and accidents increase Lincoln MKT insurance prices for each age group. The premiums assume a married female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.

Premiums by gender and age

The information below compares Lincoln MKT insurance costs for male and female drivers. The premium estimates are based on no claims or violations, full coverage, $500 deductibles, drivers are single, and no discounts are applied to the premium.

Rate comparison for different deductibles

One of the most common auto insurance questions is how high should your deductibles be. The tables below help summarize the differences in price when you buy lower versus higher comp and collision deductibles. The first set of rates uses a $100 deductible for comprehensive and collision coverage and the second rate chart uses a $1,000 deductible.

Lincoln MKT insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKT 3.7 2WD $380 $644 $396 $24 $118 $1,587 $132
MKT 3.7 AWD $420 $740 $396 $24 $118 $1,723 $144
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Lincoln MKT insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKT 3.7 2WD $210 $340 $396 $24 $118 $1,088 $91
MKT 3.7 AWD $232 $390 $396 $24 $118 $1,160 $97
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Prices do not factor in specific Aurora garaging location which can raise or lower rates noticeably.

We can estimate from the data above that using a $100 deductible will cost you roughly $44 more each month or $528 each year than choosing the higher $1,000 deductible. Because you would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you average more than 20 months between claims, you would probably come out ahead if you decide on a higher deductible.

Calculation for determining deductible levels

Average monthly premium for $100 deductibles: $138
Average monthly premium for $1,000 deductibles (subtract): - $94
Monthly savings from raising deductible: $44
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $44
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

One thing to be aware of is that raising deductibles results in more money out-of-pocket when you file a claim. That will require enough extra money in order to pay the deductible to have repairs made.

Auto insurance just makes sense

Despite the high insurance cost for a Lincoln MKT in Aurora, auto insurance serves a purpose in several ways.

The benefits of insuring your MKT are definitely more than the cost, particularly if you ever have a claim. Today the average American driver overpays as much as $869 every year so you should quote and compare rates at least once a year to be sure current rates are still competitive.

Learn How to Buy Insurance for Less

It's important that you understand the factors that are used to determine the rates you pay for insurance. If you understand what determines premiums, this empowers consumers to make smart changes that may result in lower insurance prices.

Safer vehicles cost less to insure - Vehicles with high crash test scores cost less to insure. Vehicles engineered for safety help reduce the chance of injuries in an accident and lower injury rates means lower claim amounts passed on to you as lower rates.

Your car's features help determine premiums - Purchasing a vehicle with an alarm system can earn a premium discount. Theft prevention devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent car theft and help bring rates down.

Lower rates with continuous insurance coverage - Letting your insurance expire is a guaranteed way to drive up your policy premiums. In addition to paying higher rates, the inability to provide proof of insurance could earn you fines and jail time. You may then be required to file a SR-22 with the Colorado motor vehicle department to get your license reinstated.

Insure car and home with the same company - Most insurance companies will give lower prices to people who buy several policies from them, otherwise known as a multi-policy discount. Even if you already get this discount, you still need to shop around to help guarantee you have the best rates. Drivers may still save even more than the discount by buying insurance from a different company.

How's your driving record? - A bad driving record can have a huge impact on auto insurance premiums. Only having one speeding ticket or other violation may increase your cost to the point where it's not affordable. Good drivers tend to pay less for car insurance compared to drivers with tickets. Drivers unfortunate enough to have careless citations such as DWI, reckless driving or hit and run convictions may find that they have to to submit a SR-22 form to the state department of motor vehicles in order to keep their license.

Your vocation is a factor - Careers like fire fighters, executives and dentists generally pay the highest rates in part from stressful work requirements and incredibly demanding work hours. Conversely, jobs like professors, athletes and homemakers pay lower than average rates.

Insurance loss probability for a Lincoln MKT - Companies analyze past claim statistics when they file their rates in each state. Vehicles that have high amounts or severity of claims will have higher rates.

The next table illustrates the insurance loss data for Lincoln MKT vehicles. For each type of coverage, the loss probablilty for all vehicles, regardless of make or model, is equal to 100. Numbers shown that are under 100 suggest losses that are better than average, while numbers shown that are more than 100 indicate a higher chance of having a claim or an increased chance of larger losses than average.

Car Insurance Loss Data for Lincoln MKT Models

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Lincoln MKT 4dr 2WD 128 133
Lincoln MKT 4dr 4WD 118 85 138 85

Empty fields indicate not enough data collected
Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Companies offer many types of discounts on Lincoln MKT insurance in Aurora

The cost of insuring your cars can be expensive, but you can get discounts to reduce the price significantly. Certain credits will be shown at the time you complete a quote, but less common discounts must be asked for prior to getting the savings. If you are not receiving all the discounts possible, you could be paying more than you need to.Discount auto insurance

As a disclaimer on discounts, most discounts do not apply the the whole policy. Most only cut specific coverage prices like comp or med pay. So even though it sounds like having all the discounts means you get insurance for free, you aren't that lucky.

Companies that may include many of the previously listed discounts may include but are not limited to:

When getting a coverage quote, ask every company which credits you are entitled to. Some credits may not be available in every state. If you would like to see a list of companies that offer the discounts shown above in Aurora, click here.

Which policy gives me the best coverage?

When choosing coverage, there is no best way to insure your cars. Your situation is unique so this has to be addressed.Safe vehicles cost less to insure For instance, these questions may help you determine if your insurance needs would benefit from an agent's advice.

If you can't answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.

Insurance agencies can help

A small number of people still prefer to get advice from a local agent and that is a smart decision One of the benefits of comparing car insurance online is that drivers can save money and get better rates and still buy from a local agent.

After filling out this simple form, the quote information is immediately sent to local insurance agents in Aurora who will give competitive quotes and help you find cheaper coverage. You won't even need to contact any insurance agencies since price quotes are sent directly to your email. You can find lower rates AND an agent nearby. If you need to compare rates for a specific company, you just need to search and find their rate quote page and give them your coverage information.

Finding the right insurance company shouldn't rely on just a cheap quote. You should also get answers to these questions.

If you prefer to buy car insurance from a local Aurora insurance agent, it's important to understand the different types of agencies that differ in how they can insure your vehicles. Agencies in Aurora can be described as either independent or exclusive.

Exclusive Car Insurance Agencies

Agents that elect to be exclusive normally can only provide a single company's rates and some examples include Farmers Insurance, Allstate, or State Farm. They are unable to provide other company's prices so you might not find the best rates. Exclusive agents are very knowledgeable on their company's products which helps offset the inability to provide other markets.

Below are Aurora exclusive insurance agents willing to provide comparison quotes.

15201 E Moncrieff Pl e - Aurora, CO 80011 - (720) 920-9043 - View Map

2821 S Parker Rd #235 - Aurora, CO 80014 - (720) 789-7980 - View Map

1627 S Havana St e - Aurora, CO 80012 - (303) 360-9831 - View Map

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Independent Agents (or Brokers)

Agents in the independent channel can quote rates with many companies and that enables them to quote your coverage with multiple insurance companies enabling the ability to shop coverage around. If premiums increase, the agent simply finds a different carrier and you stay with the same agent. If you are comparing car insurance prices, you will want to include at a minimum one independent agency in order to have the best price comparison.

Shown below is a short list of independent insurance agents in Aurora willing to provide price quote information.

A Complete Auto Insurance Agency
543 Sable Blvd - Aurora, CO 80011 - (303) 650-0060 - View Map

Amercian Affordable Insurance: Arthur Blaszczyszn
10660 E Bethany Dr - Aurora, CO 80014 - (303) 577-9998 - View Map

4093 S Olathe Ct - Aurora, CO 80013 - (303) 693-1936 - View Map

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Cover all your bases

When getting Aurora car insurance quotes online, it's a bad idea to buy poor coverage just to save money. There are a lot of situations where an insured cut collision coverage only to regret at claim time that they should have had better coverage. Your aim should be to find the BEST coverage for the lowest cost, but don't skip important coverages to save money.

There are still a few companies who may not have the ability to get quotes online and usually these regional carriers only sell coverage through independent agents. Lower-priced Lincoln MKT insurance in Aurora can be purchased online and from local insurance agents, and you need to comparison shop both to have the best chance of lowering rates.

We covered a lot of information how to reduce Lincoln MKT insurance rates online in Aurora. It's most important to understand that the more rate quotes you have, the better likelihood of getting affordable Lincoln MKT insurance quotes. You may even find the lowest rates are with the least-expected company. They often have lower car insurance rates on specific markets as compared to the big name companies such as State Farm, GEICO and Nationwide.

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