Remarkably, a study showed that a large majority of consumers have stayed with the same insurance company for over three years, and nearly 40% of drivers have never compared car insurance rates at all. Many consumers in Oakland can save hundreds of dollars each year by just comparing quotes, but they just don’t understand how easy it is to compare rates online.
Truthfully, the best way to get the cheapest Lincoln MKT insurance in Oakland is to begin comparing prices regularly from providers who sell auto insurance in California.
Step 1: Take a little time to learn about how insurance companies determine prices and the steps you can take to keep rates in check. Many rating factors that are responsible for high rates like traffic violations and a low credit rating can be eliminated by making minor changes in your lifestyle. Later in this article we will cover the details to get better rates and get bigger discounts.
Step 2: Request rate estimates from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while independent agents can provide rate quotes from multiple companies.
Step 3: Compare the new rates to your current policy and determine if there is any savings. If you find better rates and decide to switch, make sure coverage does not lapse between policies.
Step 4: Tell your current agent or company to cancel your existing policy. Submit payment and a completed application for the new policy. Make sure you store the certificate verifying proof of insurance above your visor, in the console, or in the glove compartment.
An essential thing to point out is to make sure you enter similar limits and deductibles on each price quote and and to analyze every company you can. This helps ensure an accurate price comparison and the most accurate and complete price analysis.
If you are paying for car insurance now, you will most likely be able to get lower rates using the techniques covered below. Finding the lowest-priced auto insurance policy in Oakland is easy to do. Although California vehicle owners do need to learn how big insurance companies market insurance on the web because it varies considerably.
To find the best car insurance rates, there are several ways of comparing rate quotes from different companies. The best method to do a complete rate comparison consists of obtaining rate quotes online.
Keep in mind that comparing more quotes provides better odds of finding the best rates.
The providers in the list below provide price quotes in California. If multiple companies are listed, we suggest you get price quotes from several of them in order to get a fair rate comparison.
Get lower-cost rates on Lincoln MKT insurance in Oakland with these auto insurance discounts
Auto insurance is expensive, but you might already qualify for some discounts that could help you make your next renewal payment. Larger premium reductions will be automatically applied when you purchase, but less common discounts must be requested specifically in order for you to get them.
- Discount for Life Insurance – Insurance companies who offer life insurance give a small discount if you purchase life insurance.
- Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 25 to 30%.
- Multi-policy Discount – If you can bundle your auto and home insurance with the same company you may save nearly 15% which can help you find the cheapest Lincoln MKT insurance in Oakland.
- Theft Deterrent – Cars and trucks equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen so companies will give you a small discount.
- Professional Organizations – Participating in a professional or civic organization could earn you a nice discount on your bill.
- Low Miles Discount – Driving fewer miles can qualify you for cheaper premium rates.
- Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and the ABS can save up to 10%.
- Claim Free – Insureds with no claims or accidents can save substantially when compared to drivers who are more careless.
- Active Military Service – Having an actively deployed family member could mean lower rates.
- Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt can save a little off the PIP or medical payment premium.
You should keep in mind that most of the big mark downs will not be given to your bottom line cost. Most only apply to individual premiums such as comprehensive or collision. So even though they make it sound like you could get a free auto insurance policy, insurance companies wouldn’t stay in business. Any qualifying discounts will bring down the amount you have to pay.
The information below compares Lincoln MKT insurance costs with and without discounts. The data assumes a female driver, a clean driving record, no claims, California state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, marriage, multi-car, safe-driver, and multi-policy discounts applied.
To locate providers with the best discounts in Oakland, click here.
Lincoln MKT coverage analysis
The premium information below covers estimates of insurance coverage prices for Lincoln MKT models. Having knowledge of how insurance prices are formulated is important for drivers to make smart choices when buying a car insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| MKT 3.7 2WD | $206 | $362 | $480 | $28 | $144 | $1,220 | $102 |
| MKT 3.7 AWD | $228 | $418 | $480 | $28 | $144 | $1,298 | $108 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Information does not factor in vehicle location which can influence price quotes considerably.
Careless driving habits raise auto insurance rates
The chart below demonstrates how citations and at-fault fender-benders can increase Lincoln MKT insurance costs for different age categories. The data is based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.
Smart Buyers Can Cut Their Insurance Prices
Consumers need to have an understanding of the factors that aid in calculating the rates you pay for car insurance. When you understand what impacts premium levels, this empowers consumers to make smart changes that can help you get lower car insurance prices. Many things are used when quoting car insurance. Some of the criteria are obvious like an MVR report, but others are not quite as obvious such as whether you are married or your vehicle rating.
The following are a few of the things used by your company to calculate premiums.
Eliminate unneeded extra coverages – There are many extra add-on coverages that can waste your money if you aren’t careful. Insurance for things like vanishing deductibles, towing coverage, and Farm Bureau memberships may not be needed and are just wasting money. They may seem good when buying your policy, but if you have no use for them remove them and pocket the money.
High credit score translates to low premiums – Having a bad credit score factor in calculating your car insurance rates. People that have very high credit ratings tend to be more responsible and file fewer claims than drivers who have lower credit scores. So if your credit can use some improvement, you could be paying less to insure your Lincoln MKT by improving your credit score.
Pay more for higher performance vehicles – The make and model of the vehicle you are trying to find cheaper insurance for makes a big difference in your premium level. The lowest performance passenger cars usually have the lowest premiums, but your final cost has many other factors.
The next chart assumes a married male driver age 20, full coverage with $1000 deductibles, and no discounts or violations. The data compares Lincoln MKT policy rates compared to other models of vehicles that have different performance risks.
Pay lower prices after the wedding – Having a significant other can get you a discount compared to being single. It demonstrates that you tend to be more mature and insurance companies like that married drivers tend to file fewer claims.
Stressful job may mean higher rates – Do you have a high-stress occupation? Occupational choices like judges, executives, and stock brokers tend to pay higher premium rates in part from high stress levels and extremely grueling work hours. On the other hand, occupations such as professors, athletes and retirees pay the least.
Does auto insurance cost more for males? – Statistics show that females take fewer risks when driving. It does not mean women are BETTER drivers than men. They both cause fender benders in similar numbers, but men have costlier accidents. They also get ticketed for serious violations like reckless driving and DUI. Male drivers age 16 to 19 are the most expensive to insure so it costs more to insure them.
The illustration below illustrates the difference between Lincoln MKT insurance costs for male and female drivers. The price estimates are based on no claims, a clean driving record, comp and collision included, $100 deductibles, drivers are single, and no discounts are taken into consideration.
Lower premiums with alarm systems – Driving a car with a theft deterrent system can save you a little every year. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft and help lower rates.
When should you file claims? – If you’re an insured who likes to file claims you should expect higher rates. Auto insurance companies in California provide the best rates to insureds who only file infrequent claims. Your insurance policy is designed for more catastrophic claims.
Insurance losses for a Lincoln MKT – Companies take into consideration historical loss data for every vehicle when setting rates for each model. Vehicles that statistically have high amounts or severity of claims will have a higher premium rate. The information below illustrates the historical loss data for Lincoln MKT vehicles.
For each coverage type, the loss probability for all vehicles, regardless of make, model or trim level, is set at 100. Numbers that are below 100 mean the vehicle has better than average losses, while percentages above 100 indicate a higher chance of having a claim or an increased probability of a larger loss.
| Specific Lincoln 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: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
You may want advice from a local insurance agent
Some people still prefer to get advice from a local agent and that is just fine! An additional benefit of comparing auto insurance online is you can get cheap auto insurance quotes and still have a local agent.
To help locate an agent, after submitting this quick form, your information is emailed to agents in your area who can give free rate quotes for your coverage. There is no reason to do any legwork since price quotes are sent directly to you. You’ll get the best rates and a licensed agent to talk to. If you have a need to get a price quote from a specific auto insurance provider, you can always jump over to their website and give them your coverage information.
Picking an insurer requires you to look at more than just a cheap price quote. The following questions are important to ask.
- Are they properly licensed to sell insurance in California?
- Are they in the agency full-time?
- Are they able to provide referrals?
- Do they have 24-hour customer assistance?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
The following are agents in Oakland that can give you price quote information for Lincoln MKT insurance in Oakland.
- Fred Loya Insurance
1620 High St STE B – Oakland, CA 94601 – (510) 434-1801 – View Map - Cook Disharoon and Greathouse Insurance Brokers
1942 Embarcadero – Oakland, CA 94606 – (510) 437-1900 – View Map - Farmers Insurance – Sam Cheng
388 9th St #259 – Oakland, CA 94607 – (510) 893-3978 – View Map - Rich Kirchner – State Farm Insurance Agent
5736 Thornhill Dr Ste 101 – Oakland, CA 94611 – (510) 339-9340 – View Map
Keep this in mind when shopping around
People switch companies for a number of reasons such as delays in responding to claim requests, policy non-renewal, high prices and denial of a claim. Regardless of your reason for switching companies, finding a new company is actually quite simple.
As you prepare to switch companies, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced liability coverage limits only to find out that it was a big mistake. Your goal should be to find the BEST coverage for the lowest cost while still protecting your assets.
We just showed you some good ideas how you can compare Lincoln MKT insurance premium rates in Oakland. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. Drivers may even discover the best price on insurance is with a small local company.
Additional insurance information can be found below:
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- Who Has the Cheapest Oakland Auto Insurance Quotes for Ride Shares? (FAQ)
- How Much is Car Insurance for 16 Year Olds in Oakland? (FAQ)
- Who Has Cheap Oakland Car Insurance Quotes for Lyft Drivers? (FAQ)
- Who Has Cheap Oakland Auto Insurance Quotes for Homeowners? (FAQ)
- Tread Depth and Tire Safety (State Farm)
- Event Data Recorders FAQ (iihs.org)