Compare Lincoln Car Insurance Rates (2023)

Luxury cars typically come with higher insurance rates than standard vehicles, and Lincoln is no exception. As Ford’s luxury division, Lincoln offers sophisticated style, prestige, luxury comforts, and performance. Drivers pay higher insurance rates for these luxuries, but Lincolns tend to be a little cheaper than other high-end brands.

Although luxury car insurance costs more than standard coverage, buying the right policy for your Lincoln is crucial. While there are several reasons why luxury cars cost more to insure, higher rates are primarily due to increased repair and replacement costs.

The average Lincoln driver pays about $156 a month for car insurance, which is higher than the national average. However, you’ll pay different rates depending on several factors, including which model you buy, where you live, and what your driving record looks like.

Read on to explore where you can find the best Lincoln car insurance rates. Then compare policies from as many companies as possible to find the perfect coverage for your Lincoln.

How much does car insurance cost for a Lincoln?

While the average driver pays about $156 a month for Lincoln car insurance, the exact amount you’ll pay depends on several factors. Generally speaking, brand-new Lincolns cost more to insure than older models. Your insurance rate will also depend on whether or not you purchase full coverage. With older models, some drivers choose not to purchase more than the minimum insurance required by state, but this doesn’t always entirely protect you financially speaking.

Below is a table comparing full coverage and minimum coverage rates from a few different companies.

Your rates will also change based on the model you drive. Although you’ll pay higher insurance rates, Lincolns are usually more affordable than other luxury brands. For example, by comparing Porsche car insurance costs, it’s found that you pay about 30% more than you would for Lincoln coverage.

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What types of car insurance should you buy for a Lincoln?

Although there are two main types of insurance policies, luxury cars usually benefit from full coverage. Even older, used Lincoln owners should consider buying additional coverage to protect their vehicles.

Before you decide how much coverage to buy, you should understand what the different types cover. For example, liability is required by most states, and you can often compare liability car insurance rates to see which company offers the lowest prices.

Learn about the basic types of insurance below:

• Bodily injury liability: Your bodily injury liability insurance covers injuries you cause to other drivers, their passengers, and bystanders in an at-fault accident.
• Property damage liability: The second half of liability insurance covers damage you cause to other people’s property, including cars and buildings.
• Collision coverage: Liability insurance does not cover your car after an at-fault accident. If you want help with your car repairs, you’ll need collision insurance. You can learn about what collision insurance covers here.
• Uninsured/underinsured motorist: Just because most states require insurance doesn’t mean everyone follows the law. Uninsured motorist insurance protects you from drivers without enough coverage.
• Medical payments/personal injury protection: Health care bills can get expensive quickly after an accident. If you add medical payments or personal injury protection insurance, your healthcare expenses will be covered after an at-fault accident.
• Comprehensive coverage: If your car is damaged by fire, floods, theft, vandalism, animals, or extreme weather, comprehensive insurance will pay for your repairs. Comparing comprehensive car insurance across various insurance companies can show you the average market prices.

Full coverage includes everything listed above and offers your Lincoln much better protection than the minimum insurance requirements of your state. Since Lincolns are luxury cars, even a used model can benefit from the increased coverage.

Many Lincoln drivers choose to increase the coverage on their policy beyond the basic types. Most companies offer add-ons so drivers can customize their policies. While the add-ons you can buy will depend on the company you shop with, popular choices include rental car reimbursement, roadside assistance, and gap insurance.

What factors affect your Lincoln car insurance rates?

Lincoln might be a luxury brand, but the same factors affect its car insurance as those affecting coverage for standard vehicles. When you shop for Lincoln car insurance, the following factors will affect your insurance rates:

• Driving history: Your driving record plays a crucial role in your insurance rates. Drivers with clean records pay less than those with speeding tickets or at-fault accidents.
• Credit score: Unless you live in Massachusetts, Hawaii, or California, insurance companies can use your credit score to determine your rates. Drivers with higher credit scores pay less for insurance.
• Age and gender: Men and young drivers are more likely to drive recklessly, get into accidents, and file other claims, so they pay more for insurance.
• Your car: The type of car you drive significantly impacts your car insurance rates. For example, cars with rebuilt titles are often hard to find cheap insurance for because companies are unsure of their safety.
• Marital status: Married people file fewer claims than single, divorced, and widowed people, so they usually pay a little less for their car insurance.
• Location: Some states pay more for car insurance than others, primarily because they have higher traffic or crime rates, extreme weather risks, or more accidents.

The amount of coverage you want to buy also impacts your car insurance rates. Since Lincolns are luxury cars, owners usually want to buy the utmost protection. Full coverage costs more than minimum insurance, but the extra protection for your Lincoln is usually worth it.

Tips to Find the Cheapest Lincoln Car Insurance

As luxury cars, Lincolns usually have much higher insurance rates than standard vehicles. You don’t have to settle for the first price you see — however, use the tips below to find the lowest rates possible:

• Practice safe driving. The safer you drive, the less likely you will pay higher insurance rates. Speeding tickets, reckless driving charges, and DUIs can double and sometimes triple your rates.
• Raise your deductible. Your deductible is the portion you must pay after a claim before your insurance kicks in. Choosing a large deductible will lower your rates, but you’ll have to pay more if you need to make a claim.
• Keep your car safe. If you park your Lincoln in a safe spot every night, you’ll likely pay less for insurance. Lincolns also come with excellent safety features, which help keep your rates down.
• Enroll in telematics. Most insurance companies offer usage-based insurance programs to help low-mileage, safe drivers save. If you drive late at night or regularly speed, you should probably skip usage-based insurance.
• Look for discounts. You should look at how many discounts a company offers before you sign up. Some of the best discounts to find are for being a safe driver, bundling policies, and paying for your entire policy at once.

Since luxury cars have higher insurance rates, finding the right company is vitally important. Although companies like Geico, State Farm, and Progressive are usually the cheapest companies on the market, you might find lower rates elsewhere.

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Find the Best Lincoln Car Insurance Today

Lincolns offer drivers a luxury ride at prices a bit more affordable than many of its competitors. Since Lincolns usually have low repair and replacement costs, you’ll probably see affordable car insurance rates. While Lincoln rates tend to be low, you can always find better prices by finding discounts, choosing the right coverage, and comparing quotes.

Comparing quotes is one of the most important ways to keep your insurance rates low. Lincolns deserve the best coverage possible, and comparing quotes is the only way to find it.

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