fredluke Posted August 16, 2016 Report Share Posted August 16, 2016 I read on one of the posts where someone's MKX insurance rates dropped from their previous Edge. Strangely, mine also dropped. In the past every time I purchased a new vehicle the rate always increased. The only other person I know with the new MKX also said his dropped when he traded in a 2013 MKX. I'm definitely not calling my agent to find out why in case someone somewhere made a mistake. Could it be the optional safety features? The replacement cost of the vehicle is much higher that a 2013. Strange! Anyone receive a similar discount? Any ideas? Quote Link to comment Share on other sites More sharing options...
Adam Posted August 16, 2016 Report Share Posted August 16, 2016 It was mine that dropped about 30 per year when I went from my Edge to my 2013 MKX. Since then it's been steadily creeping up. My theory is that Lincoln drivers are, on average, more 'mature' and this have better ratings than your more age-diverse Edge owners. Quote Link to comment Share on other sites More sharing options...
Cosmos36 Posted August 16, 2016 Report Share Posted August 16, 2016 As I was reading this thread, it just occurred to me that if my assumption is correct many MKX owners (1) don't accumulate a lot of miles annually and (2) don't commute daily, (3) are multiple vehicle owners and home owners subject to bundling discounts, and (4) are empty nesters (no young drivers in household), all factors which contribute to lower rates. fredluke 1 Quote Link to comment Share on other sites More sharing options...
thisguy159 Posted August 16, 2016 Report Share Posted August 16, 2016 None apply to me and my rate went down. Quote Link to comment Share on other sites More sharing options...
akirby Posted August 16, 2016 Report Share Posted August 16, 2016 Your history and location play a big part and it varies by insurer. Quote Link to comment Share on other sites More sharing options...
Cosmos36 Posted August 16, 2016 Report Share Posted August 16, 2016 (edited) True, location and driving history play a large part in ins rates. I haven't had an accident since 1963 (driverless vehicle collision) and I live in a rural subdivision outside a metro growth boundary. ..full coverage $500 deductible AARP ins rate on MKX is $612 annually. Edited August 16, 2016 by Cosmos36 Quote Link to comment Share on other sites More sharing options...
LinkedMe Posted August 16, 2016 Report Share Posted August 16, 2016 True, location and driving history play a large part in ins rates. I haven't had an accident since 1963 (driverless vehicle collision) and I live in a rural subdivision outside a metro growth boundary. ..full coverage $500 deductible AARP ins rate on MKX is $612 annually. $612 ANNUALLY??? Insurance is "renewed" every 6 months so are you saying $306 every 6 months or were you quoting $612 forgetting its usually a 6 month rate? If you pay $612 annually I should move where you live. Perfect record and I pay almost that every 6 months. Quote Link to comment Share on other sites More sharing options...
Cosmos36 Posted August 16, 2016 Report Share Posted August 16, 2016 AARP rates are ANNUAL, one of the advantages of the Hartford/AARP ins program. Quote Link to comment Share on other sites More sharing options...
mosh00 Posted August 16, 2016 Report Share Posted August 16, 2016 I think a lot does depend on where you live. I'm in Iowa. For my 2013 Ford Edge, I currently pay $514 annually (deductibles - $250 comp / $500 collision). And in Iowa you can pay the premium annually. I'm an early 40's driver with no major accidents. I'll be happy if the MKX that will be arriving soon stays around that amount. Quote Link to comment Share on other sites More sharing options...
Adam Posted August 16, 2016 Report Share Posted August 16, 2016 I think a lot does depend on where you live. I'm in Iowa. For my 2013 Ford Edge, I currently pay $514 annually (deductibles - $250 comp / $500 collision). And in Iowa you can pay the premium annually. I'm an early 40's driver with no major accidents. I'll be happy if the MKX that will be arriving soon stays around that amount. Wow that is cheap. I pay close to $1,300 per year and that's actually an excellent rate given my particulars. Don't you have an exorbitant annual registration fee in Iowa, though? I guess that would factor into your 'transportation costs'. Quote Link to comment Share on other sites More sharing options...
NOTMY911 Posted August 16, 2016 Report Share Posted August 16, 2016 ... Since then it's been steadily creeping up. Say thanks to the B-itch Quote Link to comment Share on other sites More sharing options...
Adam Posted August 16, 2016 Report Share Posted August 16, 2016 Say thanks to the B-itch No that won't be until my renewal next year. Don't get me started on her. Quote Link to comment Share on other sites More sharing options...
mosh00 Posted August 16, 2016 Report Share Posted August 16, 2016 Wow that is cheap. I pay close to $1,300 per year and that's actually an excellent rate given my particulars. Don't you have an exorbitant annual registration fee in Iowa, though? I guess that would factor into your 'transportation costs'. Yes, probably. My annual registration fee on the Edge Limited is $368. I expect the MKX to be about $480. As a rule of thumb in Iowa, you can expect to pay about 1% of the MSRP of the vehicle, not including options. So the base MKX AWD Reserve lists for about $48,000. I'm curious, what is yours if you don't mind sharing? Mike Quote Link to comment Share on other sites More sharing options...
Adam Posted August 16, 2016 Report Share Posted August 16, 2016 Yes, probably. My annual registration fee on the Edge Limited is $368. I expect the MKX to be about $480. As a rule of thumb in Iowa, you can expect to pay about 1% of the MSRP of the vehicle, not including options. So the base MKX AWD Reserve lists for about $48,000. I'm curious, what is yours if you don't mind sharing? Mike Ontario is flat rate, the amount escapes me... $80 or so I think. Quote Link to comment Share on other sites More sharing options...
Cosmos36 Posted August 16, 2016 Report Share Posted August 16, 2016 Oregon is an inexpensive state for vehicle drivers: $52.50/year registration & DEQ (issued for a 2 year period @ $105.00), no sales tax, no personal property tax, reasonable ins premiums, but fuel costs are a few cents higher due to refineries only in California & Washington. Chevron fuel arrives from California by ocean barge, all other gasoline 'brands' come from Washington via a single pipeline (LOL...so much for brand differences except detergents added at end-of-pipe distributors). Quote Link to comment Share on other sites More sharing options...
NOTMY911 Posted August 16, 2016 Report Share Posted August 16, 2016 Ontario is flat rate, the amount escapes me... $80 or so I think. Was... But thanks to you know who, its now $108 going to $120 on the 1st of Sept. Quote Link to comment Share on other sites More sharing options...
Adam Posted August 17, 2016 Report Share Posted August 17, 2016 Was... But thanks to you know who, its now $108 going to $120 on the 1st of Sept. Ah. Must be one of the new 'revenue tools' she has been conditioning us to. I guess it's not bad enough to have the highest electricity rates in NORTH AMERICA. NOTMY911 1 Quote Link to comment Share on other sites More sharing options...
mtmtmt Posted August 17, 2016 Report Share Posted August 17, 2016 In rural Northeast PA, I pay $268 every six months. This gets me two levels above the required minimum - 250/500 with a $500 deductible. PA registration is $36 or $48 a year - don't recall Quote Link to comment Share on other sites More sharing options...
fredluke Posted August 17, 2016 Author Report Share Posted August 17, 2016 Wow that is cheap. I pay close to $1,300 per year and that's actually an excellent rate given my particulars. Don't you have an exorbitant annual registration fee in Iowa, though? I guess that would factor into your 'transportation costs'. Ya but that's $1300 CAD$ so your annual premium would be $950.00 US Mine is close $965 US per year. Quote Link to comment Share on other sites More sharing options...
NOTMY911 Posted August 17, 2016 Report Share Posted August 17, 2016 Ah. Must be one of the new 'revenue tools' she has been conditioning us to. I guess it's not bad enough to have the highest electricity rates in NORTH AMERICA. Not really... Twice the price of Montreal but half the price of New York or Boston. But only PEI (island) and Halifax (they turn down Nuclear from New Brunswick) are more than Ontario but its an island. https://issuu.com/hydroquebec/docs/comp_2015_en Quote Link to comment Share on other sites More sharing options...
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