Best Lincoln MKT Insurance in Cincinnati

Do you want an efficient way to compare more affordable Lincoln MKT insurance in Cincinnati? Sick and tired of paying out the nose to buy insurance? You are no different than millions of other drivers.

Sadly, over 70% of drivers kept buying from the same company for well over three years, and approximately 38% of consumers have never even shopped around for cheap coverage. With the average insurance premium being $1,300, Cincinnati drivers could save as much as 55% each year by just shopping around, but they just assume it takes a lot of time to compare rates.

Steps to finding cheaper rates for Lincoln MKT insurance in Cincinnati

The easiest way to get affordable Lincoln MKT insurance in Cincinnati is to start doing an annual price comparison from providers who can sell car insurance in Ohio. This can be done by following these guidelines.

1. Learn about how companies price auto insurance and the measures you can control to keep rates low. Many rating factors that drive up the price like traffic violations and a low credit score can be improved by improving your driving habits or financial responsibility. Later in this article we will cover additional ideas to get better rates and get additional discounts.
2. Get rate quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or Farmers Insurance, while independent agencies can give you price quotes from multiple companies. View insurance agents
3. Compare the new rate quotes to your existing rates and determine if cheaper MKT coverage is available in Cincinnati. If you find a lower rate quote and change companies, make sure coverage is continuous and does not lapse.
4. Provide written notification to your current company of your intention to cancel your current policy. Submit a down payment along with a completed application to your new carrier. Once the application is submitted, keep your new proof of insurance certificate with your registration paperwork.

One tip to remember is to use the same physical damage deductibles and liability limits on each quote request and and to get rate quotes from all possible companies. This provides a fair rate comparison and the best price quote selection.

Online insurance companies like GEICO, 21st Century and Progressive all claim big savings, bombarding you with TV and radio ads and it can be hard to ignore the flashy ads and effectively compare rates to find the best deal.

When comparison shopping, there are several ways of comparing rate quotes from many car insurance companies in Ohio. The recommended way to find competitive Lincoln MKT insurance rates consists of shopping online.

Comparing free rates online is easy and it, replaces the need to spend your day driving to insurance agencies in your area. Quoting Lincoln MKT insurance online reduces the need to sit down with an agent unless you want the personal advice that only a licensed agent can provide. You can, however, get the lowest quotes online but have your policy serviced through an agent.

When quoting car insurance, remember that obtaining a wide range of quotes will improve the odds of getting the best price.

The companies shown below offer price quotes in Ohio. If multiple companies are listed, it’s highly recommended you visit two to three different companies in order to find the most competitive rates.

Why you need MKT insurance in Ohio

Despite the potentially high cost of Lincoln MKT insurance, buying car insurance may be mandatory for several reasons.

• The majority of states have mandatory insurance requirements which means state laws require a minimum amount of liability insurance if you drive a vehicle. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your Lincoln MKT with a loan, most lenders will require you to buy insurance to guarantee loan repayment. If you do not keep the policy in force, the bank may buy a policy for your Lincoln for a much higher rate and force you to reimburse them for the expensive policy.
• Car insurance protects your car and your assets. Insurance will also pay for most medical and hospital costs for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, will also pay attorney fees if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.

The benefits of having insurance are definitely more than the cost, particularly when you have a large claim. The average driver in Ohio is overpaying more than $830 a year so smart consumers compare quotes at every policy renewal to make sure the price is not too high.

Lincoln MKT detailed coverage information

The premium information displayed below outlines different coverage prices for Lincoln MKT models. Understanding how rate quotes are formulated can help drivers make smart buying decisions.

Data variables include married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Information does not factor in zip code location which can revise coverage prices considerably.

Deductible analysis

One of the hardest decisions when shopping for car insurance is how high should your deductibles be. The tables below approximate the price difference between high and low coverage deductibles. The first rate comparisons uses a $100 deductible and the second pricing table uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Price estimates do not factor in the specific area where the vehicle is garaged which can change auto insurance rates significantly.

Using the premium rates above, we can conclude that using a $100 deductible will cost you approximately $20 more each month or $240 a year than opting for the higher $500 deductible. Since you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 20 months between claim filings, you would probably save some money by selecting a higher deductible.

The information below shows how different deductible levels and can change Lincoln MKT yearly insurance costs for each different age group. The premium estimates are based on a married male driver, comprehensive and collision coverage, and no other discounts are factored in.

Careless drivers pay higher rates

The example below shows how speeding tickets and fender-benders can raise Lincoln MKT premium costs for different age categories. The costs are based on a married male driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.

Cheap Cincinnati car insurance quotes with discounts

Car insurance is not cheap, but you might find some hidden discounts that you may not even know about. Larger premium reductions will be automatically applied at the time you complete a quote, but some must be inquired about before they will apply.

• Multiple Cars – Purchasing coverage when you have multiple cars on one policy could earn a price break for each car.
• Senior Citizen Rates – Older drivers may qualify for reduced rates.
• Discount for Low Mileage – Driving less can qualify you for better prices on cars that stay parked.
• Accident Forgiveness Coverage – This one isn’t a discount, but some insurance companies will allow you to have one accident without the usual rate increase with the catch being you have to be claim-free prior to being involved in the accident.
• Responsible Driver Discount – Drivers who avoid accidents could pay up to 40% less than drivers with accident claims.

Discounts lower rates, but most discounts do not apply to the whole policy. Some only apply to individual premiums such as comprehensive or collision. So even though it sounds like having all the discounts means you get insurance for free, you’re out of luck. Any amount of discount will reduce the cost of your policy.

The information below visualizes the comparison of Lincoln MKT annual premium costs with and without discounts applied to the policy premium. The premium estimates are based on a female driver, no claims or driving violations, Ohio state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, claim-free, marriage, homeowner, and multi-policy discounts applied.

Popular car insurance companies and their possible discounts include:

• State Farm discounts include good driver, safe vehicle, Steer Clear safe driver discount, accident-free, passive restraint, defensive driving training, and Drive Safe & Save.
• Progressive may offer discounts for continuous coverage, online signing, multi-vehicle, homeowner, and good student.
• Progressive may have discounts that include continuous coverage, homeowner, multi-policy, online signing, good student, and multi-vehicle.
• MetLife policyholders can earn discounts including accident-free, multi-policy, defensive driver, good driver, claim-free, and good student.
• Farm Bureau includes discounts for renewal discount, driver training, youthful driver, multi-vehicle, multi-policy, 55 and retired, and good student.
• GEICO has discounts for seat belt use, multi-vehicle, federal employee, five-year accident-free, and driver training.
• SAFECO may include discounts for teen safe driver, multi-car, homeowner, drive less, and anti-lock brakes.

When quoting, ask every insurance company to apply every possible discount. Some credits might not be available to policyholders in every state. To find car insurance companies who offer cheap Lincoln MKT insurance quotes in Cincinnati, click here.

Best car insurance company in Ohio

Finding the highest-rated insurance company is hard considering how many choices there are in Ohio. The information shown below may help you choose which auto insurers you want to consider when shopping around.

Top 10 Cincinnati Car Insurance Companies Ranked by Value

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