Car Insurance in Beattyville Kentucky - 5 Discounts You Might be Losing Out On

People who are new to buying insurance online may find buying the cheapest Beattyville car insurance very challenging.

More discounts equal less premium

Insurance can cost an arm and a leg, but companies offer discounts that many people don't even know exist. Some discounts apply automatically when you get a quote, but a few must be asked for before you will receive the discount.

  • Homeowners Savings - Owning a home in Beattyville can help you save on car insurance because owning a home shows financial diligence.
  • Early Signing - Some insurance companies reward drivers for switching to them prior to your current policy expiring. This can save 10% or more.
  • Anti-lock Brake System - Cars that have steering control and anti-lock brakes are safer to drive and qualify for as much as a 10% discount.
  • Auto/Home Discount - If you have multiple policies with the same insurance company you may earn approximately 10% to 15%.
  • Accident Forgiveness - Some insurance companies will forgive one accident before your rates go up so long as you haven't had any claims for a particular time prior to the accident.

Keep in mind that most discounts do not apply to the entire policy premium. A few only apply to individual premiums such as physical damage coverage or medical payments. Just because it seems like having all the discounts means you get insurance for free, it just doesn't work that way. But any discount will help reduce your premiums.

It's not one size fits all

When it comes to buying the best car insurance coverage for your vehicles, there really is no "perfect" insurance plan. Everyone's needs are different.

Here are some questions about coverages that may help highlight if you may require specific advice.

  • When do I need to add a new car to my policy?
  • Does my car insurance cover rental cars?
  • Does my insurance cover a custom paint job?
  • Am I covered when driving in Canada or Mexico?
  • Does my policy cover me when driving someone else's vehicle?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?

If you're not sure about those questions but a few of them apply then you might want to talk to a licensed agent. To find an agent in your area, complete this form.

Switch companies and save? Really?

Allstate, GEICO and Progressive constantly bombard you with ads in print and on television. All the companies make an identical promise that you can save if you switch your policy. But how can every company make the same claim?

All the different companies have a certain "appetite" for the right customer that earns them a profit. For instance, a profitable customer could be over the age of 50, a clean driving record, and has great credit. Any new insured who meets those qualifications receives the best rates and therefore will save a lot of money.

Drivers who do not match this ideal profile must pay higher premiums and ends up with business going elsewhere. Company advertisements say "customers that switch" not "everyone that quotes" save that kind of money. That is how insurance companies can advertise the savings.

This illustrates why you should get quotes from several different companies. It's just too difficult to predict which company will give you the biggest savings.

Additional Kentucky consumer information

More information is located on the Kentucky Department of Insurance website located here. Consumers can report car insurance fraud, file complaints about a company, and find out industry alerts.

Also read more on this page for Kentucky car insurance and this page for help finding agents in Beattyville, KY.

Kentucky car insurance

Final considerations

Affordable car insurance can be found from both online companies in addition to many Beattyville insurance agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who do not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

You just learned many tips how you can reduce car insurance prices online. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. You may be surprised to find that the biggest savings come from a small local company.

As you prepare to switch companies, don't be tempted to buy lower coverage limits just to save a few bucks. In too many instances, someone dropped collision coverage and learned later that the small savings ended up costing them much more. Your focus should be to buy enough coverage at a price you can afford while not skimping on critical coverages.