Top Ways to Save on Bedford Auto Insurance

Tired of scraping the payment together each month for car insurance? You are no different than many other Kentucky consumers. Multiple compete for your business, so it's not easy to compare every to get the lowest price

It's important to shop coverage around before your policy renews since insurance rates are constantly changing. Even if you think you had the lowest rates two years ago you will most likely find a better rate today. So just forget all the misinformation about auto insurance because it's time to teach you the tricks you need to know to find better rates and still maintain coverage.

If you have a policy now or need a new policy, you can learn to find the best rates while maximizing coverage. Finding the best rates in Bedford is quite easy. Kentucky drivers only need an understanding of the most effective way to shop for auto insurance on the web.

These discounts can lower your rates

Insuring your vehicles can cost a lot, buy you may qualify for discounts to help bring down the price. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be specially asked for prior to receiving the credit. If they aren't giving you every credit available, you are throwing money away.

  • Homeowners Pay Less - Owning a house in Bedford may trigger a auto insurance policy discount because maintaining a house is proof that your finances are in order.
  • Claim Free - Claim-free drivers can save substantially as compared to drivers who are more careless.
  • Drive Less and Save - Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • Clubs and Organizations - Affiliation with certain professional organizations could qualify you for a break on auto insurance.
  • Safety Course Discount - Successfully completing a course teaching defensive driving skills could save 5% or more if you qualify.
  • Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.
  • Multiple Cars - Buying coverage for all your vehicles on one policy may reduce the rate for each vehicle.

It's important to understand that most of the big mark downs will not be given to the entire cost. Most only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, it doesn't quite work that way. Any qualifying discounts will cut the cost of coverage.

Are you falling for claims of savings?

Kentucky drivers get pounded daily by advertisements for the lowest price auto insurance from the likes of State Farm, GEICO and Progressive. They all seem to say the same thing of big savings if you change your coverage to them.

How do they all say the same thing?

Insurance companies can use profiling for the type of customer that earns them a profit. For example, a desirable insured might be profiled as a mature driver, is a homeowner, and chooses high deductibles. A propective insured who fits that profile is entitled to the best price and as a result will probably cut their rates substantially.

Potential customers who are not a match for the "perfect" profile will have to pay higher prices which usually ends up with business not being written. The ads state "customers that switch" not "everybody who quotes" save that much money. That's why insurance companies can confidently state the savings.

Because of the profiling, you should get a wide range of price quotes. It's not possible to predict the company that will give you the biggest savings.

Learn more today

Additional auto insurance information can be found on the website for the Kentucky Department of Insurance located here. Kentucky drivers can report car insurance fraud, read industry bulletins, find disaster information, and find out which companies have the most complaints.

And the best car insurance company is...

Low-cost auto insurance is attainable on the web as well as from independent agents in Bedford, and you need to price shop both so you have a total pricing picture. Some insurance companies don't offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

When buying insurance coverage, never buy lower coverage limits just to save a few bucks. In many cases, an accident victim reduced uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your aim should be to buy a smart amount of coverage at a price you can afford.