Lincoln Motor Company was founded in 1917. Now the luxury vehicle division of Ford, it helped to establish the personal luxury car segment with the introduction of the 1940 Lincoln Continental. Lincoln’s current product line is made up of luxury crossovers and SUVs. No matter which Lincoln model you drive, you’ll need the best car insurance you can find to protect your investment.
Our guide to Lincoln insurance provides cost information for Lincoln’s most popular models and several top-rated insurance companies. With the help of a local independent insurance agent, you can get quotes from multiple companies so you can get the coverage you need that fits your budget. But first, here's a closer look at Lincoln auto insurance and what it covers.
Key Takeaways - Lincoln Car Insurance
Lincoln insurance costs an average of $2,084 per year, or approximately $174 per month, for full coverage.
Lincoln insurance is a type of auto policy designed to cover this luxury brand, and it includes many of the same types of coverage as those needed for standard vehicles.
Lincoln auto insurance rates fall in the middle of the pack when compared to other luxury brands.
The Lincoln Aviator is the most expensive model to insure of those we compared, costing an average of $2,076 per year, or approximately $226 per month, for full coverage.
Working with an independent insurance agent is highly recommended, as they can tailor a policy to meet the coverage needs of your unique Lincoln model.
What Is Lincoln Insurance?
Lincoln insurance is a specialized type of car insurance policy that includes coverage tailored to Lincoln vehicles. You'll find many of the same types of basic coverage as in a standard auto insurance policy, with some additional protections included for these luxury vehicles. Because Lincoln is a luxury brand, some of its custom parts can be more expensive to repair or replace, leading to higher insurance rates than for standard vehicles.
Recommended coverage options for Lincoln drivers:
- Liability insurance: This covers the cost of lawsuits and other expenses resulting from third-party claims of bodily injury or personal property damage caused by your vehicle.
- Comprehensive insurance: This pays for damage to your car due to a non-collision event, such as a flood or theft.
- Collision insurance: This pays for damage to your car from a collision with another object, regardless of fault.
- Medical payments coverage: This coverage pays for the cost of your injuries and those of your passengers after an accident, regardless of fault.
- Personal injury protection: This coverage pays for the cost of your injuries and those of your passengers, as well as lost wages resulting from an accident, regardless of fault.
- Towing and roadside assistance coverage: This covers the cost of professional towing and roadside assistance services if your vehicle breaks down on the side of the road.
- Uninsured/underinsured motorist insurance: This coverage pays for expenses resulting from an accident involving a driver who is uninsured or underinsured, or after a hit-and-run.
Your state may require some or all of these types of coverage. A local independent insurance agent can help you build a complete Lincoln insurance policy with all the required coverage.
How Much Does Lincoln Insurance Cost?
Lincoln insurance costs an average of $2,084 per year, or approximately $174 per month, for full coverage. When compared to the cost of car insurance for other luxury auto brands, such as Infiniti, BMW, Audi, Lexus, etc., Lincoln's rates fall in the middle of the pack. Lincoln insurance rates can be affected by several factors, including vehicle safety features and ratings, the model you insure, and the cost of custom parts.
Lincoln Insurance Costs by Popular Models
The type of Lincoln you drive can greatly influence the cost of your coverage. Buying car insurance for one type of Lincoln can be much cheaper or more expensive than for another. We've compared average full coverage car insurance rates for just a handful of popular Lincoln models to give you a better idea.
| Model | Average Annual Car Insurance Cost | Average Monthly Car Insurance Cost |
|---|---|---|
| Lincoln MKZ | $2,028 | $169 |
| Lincoln Navigator | $2,253 | $188 |
| Lincoln Corsair | $2,260 | $188 |
| Lincoln Nautilus | $2,338 | $195 |
| Lincoln Continental | $2,478 | $207 |
| Lincoln Aviator | $2,706 | $226 |
An independent insurance agent near you can help you find affordable car insurance for your specific model of Lincoln.
Is Lincoln Expensive to Insure Compared to Other Brands?
Not exactly. Lincoln insurance falls in the middle of the pack when compared to other popular luxury vehicle brands, including BMW, Lexus, Audi, Volvo, Acura, and Infiniti. However, Lincoln's auto insurance rates are certainly more expensive than those of standard auto insurance policies for everyday vehicles.
Lincoln's insurance rates may not be as expensive as those of other luxury brands due to better safety ratings, lower stick prices, lower theft ratings, and better vehicle safety ratings.
What Other Factors Affect Lincoln Insurance Costs?
Your policy's coverage options and limits greatly influence the cost of your premiums. The make and model of your car are also two of the most important factors for determining your car insurance rates. But numerous other factors also play a role in your car insurance cost, including:
- Your age, gender, and marital status
- Your credit score (where allowed)
- Where you live
- The amount of coverage and deductible that you choose
Every insurance company has its own proprietary method for calculating insurance rates, which is why you’ll see a range of premiums for the same make and model. But most companies also offer a wide range of car insurance discounts that can help you save money on your car insurance premiums.
An independent insurance agent can help you find the best Lincoln insurance rates in your area and ensure that you receive all the discounts you're eligible for.
Add-On Protections Worth Considering for Your Lincoln
Your Lincoln car insurance policy may not yet be complete with just the standard types of coverage. Consider adding some or all of the following extra protections to your Lincoln auto insurance:
- Lincoln warranty insurance: This can extend Lincoln's warranty coverage to help pay for the cost of future routine maintenance and repairs, where available.
- OEM parts coverage: This can pay the full cost to replace your vehicle's parts with genuine Lincoln parts during the repair process. Lincoln OEM parts insurance is essential to maintain the integrity of your luxury vehicle's repairs.
- Accident forgiveness coverage: This coverage can help you avoid a car insurance premium rate increase following an accident.
- Gap insurance: If you own a new or financed Lincoln, this coverage can pay the difference in the amount owed on a loan or lease and the amount your insurance pays for your vehicle after a total covered loss.
- New car replacement coverage: This can cover the cost of replacing your Lincoln with another of the same model if your car is stolen or totaled due to a covered cause within the first year of ownership.
An independent insurance agent can help you find the right types of Lincoln insurance coverage to add to your auto policy.
Best Car Insurance Companies for Lincoln Owners
Lincolns are an investment, and yours deserves the best coverage available. However, affordable rates are also important. That's why we've included our top recommendations for the best Lincoln car insurance companies that offer great rates.
| Car Insurance Company | Overall Carrier Star Rating | Avg. Annual Full Coverage Premium | Avg. Annual Minimum Coverage Premium |
|---|---|---|---|
| Nationwide |
|
$1,511 | $535 |
| Travelers |
|
$1,606 | $568 |
| Progressive |
|
$1,794 | $541 |
| USAA |
|
$1,307 | $356 |
| Auto-Owners |
|
$1,352 | $320 |
How to Lower Your Lincoln Insurance Premiums
While Lincoln's insurance rates aren't quite as high as those for other luxury vehicles, it can still be helpful to reduce your auto insurance premiums. Fortunately, there are several easy options available to help you do just that.
- Compare quotes from multiple carriers: Shopping and comparing policies from multiple car insurance companies can help you find the most affordable coverage. A local independent insurance agent can complete this task for you.
- Ask about Lincoln insurance discounts: Many car insurance companies offer common savings options, such as multi-policy discounts, safety features discounts, anti-theft devices discounts, loyalty discounts, and bundling discounts.
- Ask about telematics programs: Your insurance company or Lincoln may offer telematics programs, such as those that track your driving habits or vehicle usage, to help possibly reduce your insurance rates.
- Maintain a clean driving record: Steer clear of accidents, tickets, and other traffic violations to earn good driver discounts and potentially lower your premium rates.
- Choose a higher deductible: Higher deductibles often mean lower premiums, but keep in mind that you'll have to pay more out of your own pocket if you file a claim.
- Work with an independent insurance agent: These agents can access several different carriers near you to help find the best and most affordable insurance for your Lincoln.
Your independent insurance agent can help you find cheap Lincoln insurance and add any car insurance discounts you qualify for to reduce your premiums as much as possible.
An Independent Insurance Agent Can Help You Get the Best Lincoln Insurance Quotes
When it's time to find the most affordable, quality Lincoln insurance, no one's better equipped to help than a local independent insurance agent. These agents know where to find the best Lincoln insurance coverage and rates, and can shop and compare quotes and policy options from several carriers for you.
Even better, they'll help you score any discounts you're eligible for to bring your premium rates down even further. And down the road, your agent will still be there to help you file car insurance claims or update your coverage when necessary.
FAQs About Lincoln Insurance
Is car insurance expensive for a Lincoln?
It depends on how you look at it. Lincoln's car insurance rates fall in the middle of the pack when compared to other luxury brands, but are higher than those for standard vehicles.
What's the most expensive model of Lincoln to insure?
We found that the Lincoln Aviator is the most expensive model to insure of those we compared, at an average rate of $2,706 per year, or approximately $226 per month for full coverage.
What's the cheapest model of Lincoln to insure?
We found that the Lincoln MKZ is the cheapest model to insure of those we compared, at an average cost of $2,028 per year, or approximately $169 per month for full coverage.
Are Lincolns cheaper to insure than Cadillacs or BMWs?
No, Lincolns are actually more expensive to insure, on average, than Cadillacs or BMWs. However, an independent insurance agent can help you find affordable Lincoln insurance near you.
Do Lincolns require premium insurance?
Yes, Lincolns can benefit from having premium insurance, as they are luxury vehicles. Work with a local independent insurance agent to get equipped with the proper coverage for your Lincoln.
What coverage is recommended for a new Lincoln Navigator?
For a new Lincoln Navigator, consider buying gap insurance, collision insurance, comprehensive insurance, liability insurance, and other types of coverage as recommended by your independent insurance agent.
Should I get gap insurance on a leased Lincoln?
Yes, it can be helpful to purchase gap insurance for a leased Lincoln. This coverage can pay the difference between the amount still owed on your lease and the amount your insurance pays for the vehicle in the event of a total covered loss.
Sources
https://www.thezebra.com/auto-insurance/vehicles/lincoln/
https://www.bankrate.com/insurance/car/lincoln-insurance/
https://www.thezebra.com/auto-insurance/vehicles/cadillac/
https://www.thezebra.com/auto-insurance/vehicles/bmw/