5 Discounts Chaplin Consumers Forget when Shopping for Car Insurance

Consumers who are new to the process of buying insurance online will discover purchasing the lowest-priced Chaplin car insurance quite challenging.

It's important to take a look at other company's rates periodically since rates are constantly changing. If you had the best deal last year you can probably find a better price now. So forget anything you know (or think you know) about car insurance because we're going to show you the proper way to reduce your cost while increasing coverage.

If you currently have a car insurance policy, you will be able to save some money using this strategy. This information will familiarize you with how car insurance quotes work and some tips to save money. Although Kentucky car owners do need to know how companies determine prices and take advantage of how the system works.

Are you getting all your discounts?

Companies offering auto insurance do not list all their discounts in an easy-to-find place, so here is a list some of the more common and the harder-to-find discounts you could be receiving.

Bundle and Save - If you insure your home and vehicles with one insurance company you may earn at least 10% off all policies.
Passive Restraints and Air Bags - Factory air bags or motorized seat belts can get savings of 20% or more.
Pay Upfront and Save - By paying your policy upfront instead of making monthly payments you may reduce your total bill.
More Vehicles More Savings - Buying coverage for multiple cars or trucks with the same company qualifies for this discount.
Anti-lock Brakes - Vehicles equipped with ABS or steering control prevent accidents and therefore earn up to a 10% discount.

A little note about advertised discounts, some of the credits will not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, you won't be that lucky.

To choose companies with the best car insurance discounts in Chaplin, click here.

How can GEICO, State Farm and Progressive save drivers who switch?

Car insurance companies such as GEICO, State Farm and Progressive regularly use ads on television and other media. They all seem to have a common claim about savings if you move to their company. How do they all make the same claim? This is how they do it.

Insurance companies have a certain "appetite" for the driver that makes them money. An example of a desirable insured could be between 25 and 40, a clean driving record, and has great credit. Any new insured that hits that "sweet spot" will get very good rates and as a result will probably cut their rates substantially.

Drivers who are not a match for the "perfect" profile will have to pay higher premiums and this can result in business going elsewhere. The ads say "drivers who switch" not "everybody who quotes" save that much. That is how companies can truthfully advertise the savings. Because of the profiling, you should get a wide range of price quotes. It's just too difficult to predict which company will give you the biggest savings.

Tailor your coverage to you

When buying proper insurance coverage for your vehicles, there is no "perfect" insurance plan. Every insured's situation is different.

For instance, these questions may help highlight whether you would benefit from an agent's advice.

What are the best liability limits?
Should I drop comprehensive coverage on older vehicles?
Do I have any recourse if my insurance company denies a claim?
Am I covered when driving on a suspended license?
Do I need PIP (personal injury protection) coverage in Kentucky?
Should I buy additional glass protection?

If you can't answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you don't have a local agent, fill out this quick form.

Additional Kentucky consumer information

Even more information is available at the Kentucky Department of Insurance website. Consumers can view agent and company licensing information, find out industry alerts, and view a list of available companies.

Affordable insurance is out there

As you prepare to switch companies, never buy poor coverage just to save money. In many instances, someone dropped liability limits or collision coverage only to find out that the small savings ended up costing them much more. The ultimate goal is to find the BEST coverage for the lowest price.

You just learned a lot of techniques to save on car insurance. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the most savings is with a lesser-known regional company.

Drivers who switch companies do it for any number of reasons including policy non-renewal, poor customer service, extreme rates for teen drivers or even lack of trust in their agent. Regardless of your reason for switching companies, switching car insurance companies is easier than you think.