Find Cheaper Lincoln MKS Insurance in Omaha

Insurance quote for Lincoln MKS in OmahaWould you like to stop wasting money and find cheaper Lincoln MKS insurance in Omaha? Searching for better insurance prices for a new or used Lincoln MKS in Nebraska can turn out to be difficult, but you can follow the following methods to find lower rates.

There is a right way and a wrong way to buy car insurance so we’re going to tell you the proper way to get price quotes on a Lincoln and locate the best price possible.

If you’re already insured or just want cheaper rates, use these techniques to get lower rates while maximizing coverage. Quoting and buying more affordable protection in Omaha is easy to do. Comparison shoppers just need to learn the quickest method to compare different rates from many different companies online.

Cheap Lincoln insurance prices in Omaha

The companies shown below are ready to provide price quotes in Nebraska. If your goal is to find cheap car insurance in Omaha, NE, we recommend you compare several of them to find the most affordable auto insurance rates.

Rates and data analysis

The premium information shown next showcases different insurance premium costs for Lincoln MKS models. Being able to understand how auto insurance prices are calculated can aid in making smart choices when comparing insurance quotes.

Lincoln MKS Insurance Rates in Omaha, NE
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $332 $530 $334 $20 $100 $1,316 $110
MKS 4-Dr Sedan $332 $530 $334 $20 $100 $1,316 $110
MKS Ecoboost AWD 4-Dr Sedan $366 $600 $334 $20 $100 $1,420 $118
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Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Rates do not factor in garaging location in Omaha which can affect price quotes significantly.

Should you raise deductibles?

One of the hardest decisions when shopping for car insurance is which comprehensive and collision deductibles to buy. The following insurance rates illustrate the cost difference when you select higher and lower policy deductibles. The first rate quote example uses a $100 deductible and the second pricing table uses a $1,000 deductible.

Lincoln MKS insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $324 $632 $254 $16 $76 $1,327 $111
MKS 4-Dr Sedan $324 $632 $254 $16 $76 $1,327 $111
MKS Ecoboost AWD 4-Dr Sedan $358 $716 $254 $16 $76 $1,445 $120
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Lincoln MKS insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
MKS AWD 4-Dr Sedan $180 $334 $254 $16 $76 $860 $72
MKS 4-Dr Sedan $180 $334 $254 $16 $76 $860 $72
MKS Ecoboost AWD 4-Dr Sedan $198 $376 $254 $16 $76 $920 $77
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Information does not factor in garaging location in Omaha which can change insurance rates greatly.

Based on the above data, using a $100 deductible will cost you roughly $40 more each month or $480 a year than selecting the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 23 months between claim filings, you would come out ahead by going with a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $100 deductibles: $114
Average monthly premium for $1,000 deductibles (subtract): – $74
Monthly savings from raising deductible: $40
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $40
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

One thing to note is that raising deductibles means you will have to pay more of your own money when you file a claim. You will want to have some extra funds in the event you have to pay the deductible.

Lower-cost Omaha insurance rates with discounts

Some companies do not list every discount very clearly, so the below list has a few of the more well known in addition to some of the lesser obvious credits available to lower your premiums when you buy Omaha car insurance online.Insurance discounts

As a disclaimer on discounts, most credits do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. So when the math indicates having all the discounts means you get insurance for free, it just doesn’t work that way. But all discounts will definitely reduce your policy cost.

The information below illustrates the comparison of Lincoln MKS car insurance costs with and without discounts applied to the policy premium. The costs are based on a female driver, no claims, a clean driving record, Nebraska state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, safe-driver, multi-policy, homeowner, and marriage discounts applied.

To see insurers with discount insurance rates in Omaha, click this link.

Lower Your Omaha Insurance Premiums

Consumers need to have an understanding of some of the factors that go into determining the rates you pay for insurance. If you understand what determines premiums, this allows you to make educated decisions that may reward you with much lower annual insurance costs. Many factors are used when you quote your car insurance policy. A few of the factors are predictable like an MVR report, but some are more transparent such as your marital status or your commute time.

How’s your driving record? – Attentive drivers receive lower rates than bad drivers. Even a single speeding ticket or other violation can increase rates by twenty percent. Drivers with serious tickets like reckless driving or DUI may be required to maintain a SR-22 with the DMV in their state in order to continue driving.

The illustration below illustrates how traffic citations and at-fault fender-benders increase Lincoln MKS annual premium costs for different age groups. The information is based on a married female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.

Low stress job equals lower prices – Occupations like fire fighters, air traffic controllers, and miners generally pay higher premium rates attributed to high stress levels and long work days. On the flip side, jobs like actors, historians and retirees receive lower rates.

Remove unneeded extra policy coverages – There are a ton of extra bells and whistles that may not really be needed if you aren’t careful. Coverages for vanishing deductibles, towing coverage, and extra equipment coverage may not be needed and are just wasting money. The coverages may be enticing when discussing your needs, but if you don’t need them get rid of them and save.

You may save more by bundling policies – Many insurance companies allow better rates for people that have more than one policy such as combining an auto and homeowners policy. Even though this discount sounds good, it’s always a smart idea to compare Lincoln MKS rates in Omaha to guarantee you are still saving the most.

Don’t abuse insurance claims – If you are the type of insured that files lots of claims you can pretty much guarantee much higher rates or policy non-renewal. Companies in Nebraska generally give lower rates to people who do not rely on their insurance for small claims. Insurance coverage is designed for larger claims.

Loss probability for a Lincoln MKS – Auto insurance companies analyze past claim statistics when they file their rates in each state. Models that historically have higher claim amounts or frequency will be charged more to insure. The table below demonstrates the historical insurance loss data for Lincoln MKS vehicles.

For each insurance policy coverage type, the statistical loss for all vehicles combined as an average is a value of 100. Numbers that are below 100 suggest losses that are better than average, while percentages above 100 indicate more frequent claims or an increased chance of a larger loss.

Lincoln MKS Insurance Loss Statistics
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Lincoln MKS 4dr 2WD 121 90 140 78 103
Lincoln MKS 4dr 4WD 135 89 204 89
Lincoln MKS Ecoboost 4dr 4WD 139 93 153 87

Empty fields indicate not enough data collected
Statistics from for 2013-2015 Model Years

Insurance agent or online?

Some consumers would rather talk to a local agent and there is nothing wrong with that. Good agents are trained risk managers and help file insurance claims. A nice benefit of price shopping on the web is the fact that drivers can get better rates and still have a local agent. Buying from and supporting small agencies is definitely important in Omaha.

Once you complete this short form, your coverage information is emailed to agents in your area who want to provide quotes to get your business. There is no need to search for any insurance agencies because prices are sent instantly to you. If you have a need to get a rate quote from a particular provider, don’t hesitate to jump over to their website and complete a quote there.

Picking the best company requires you to look at more than just the bottom line cost. Ask your prospective agent these questions:

Affordable car insurance rates are possible

We covered many ways to lower your Lincoln MKS insurance rates in Omaha. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding the cheapest Lincoln MKS rate quotes. You may even find the biggest savings come from some of the lesser-known companies.

As you shop your coverage around, do not skimp on critical coverages to save a buck or two. There are many occasions where drivers have reduced liability coverage limits only to find out that their decision to reduce coverage ended up costing them more. Your objective should be to purchase plenty of coverage at the lowest possible cost while still protecting your assets.

Insureds leave their current company for any number of reasons including policy cancellation, high rates after DUI convictions, denial of a claim or even poor customer service. Regardless of your reason for switching companies, finding the right car insurance provider is pretty simple and you could end up saving a buck or two.

Steps to finding low-cost Lincoln MKS insurance in Omaha

Truthfully, the best way to find cheaper quotes for Lincoln MKS insurance is to start doing a yearly price comparison from different companies in Omaha.

  1. Spend some time learning about how car insurance works and the modifications you can make to prevent high rates. Many policy risk factors that drive up the price such as at-fault accidents, careless driving, and a low credit rating can be remedied by making minor driving habit or lifestyle changes.
  2. Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can give quotes from a single company like GEICO and State Farm, while agents who are independent can provide price quotes for many different companies.
  3. Compare the new quotes to the price on your current policy to see if a cheaper rate is available in Omaha. 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.

A good tip to remember is that you use the same deductibles and limits on each price quote and and to get price estimates from as many companies as possible. Doing this ensures the most accurate price comparison and a complete price analysis.

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