How to Get Cheaper Dawson Springs Auto Insurance

Are you intimidated by the crazy number of auto insurance options in Dawson Springs? Many other consumers are too. You have so many options that it can turn into a big hassle to compare prices.

It's important to check auto insurance prices every six months because prices are constantly changing. Even if you got the best price six months ago a different company probably has better rates today. Forget anything you know (or think you know) about auto insurance because I'm going to let you in on the secrets to the tricks you need to know to eliminate unnecessary coverages and save money.

If you currently have a car insurance policy, you will be able to lower your premiums substantially using this information. This information will help educate you on how to effectively get price quotes and some tricks to saving. But Kentucky consumers do need to know the way insurance companies price insurance differently and apply this information to your search.

Be sure to get all your discounts

Companies offering auto insurance don't list every available discount in an easy-to-find place, so we took the time to find both the well known and also the lesser-known discounts you could be receiving.

Discount for Good Grades - Performing well in school can earn a discount of 20% or more. This discount can apply well after school through age 25.
Multiple Vehicles - Buying insurance for multiple vehicles on one policy can get a discount on all vehicles.
Life Insurance Discount - Select insurance companies reward you with lower rates if you buy life insurance.
Low Mileage - Fewer annual miles can earn a substantially lower rate.
No Charge for an Accident - A few companies allow you one accident before your rates go up if you are claim-free for a set time period.
Passive Restraints - Vehicles with factory air bags and/or automatic seat belt systems can get savings of more than 20%.
Driver Safety - Successfully completing a defensive driving course could possibly earn you a 5% discount if you qualify.
Multi-policy Discount - If you have multiple policies with one company you may save at least 10% off all policies.
Federal Government Employee - Active or retired federal employment could cut as much as 10% off with certain companies.

Consumers should know that some of the credits will not apply to all coverage premiums. Most only cut specific coverage prices like medical payments or collision. So despite the fact that it appears all the discounts add up to a free policy, companies don't profit that way.

What determines how much you pay?

Smart consumers have a good feel for the factors that help determine the rates you pay for auto insurance. Understanding what controls the rates you pay allows you to make educated decisions that can help you get much lower annual insurance costs.

The following are a few of the "ingredients" companies use to determine your rates.

Cautious drivers pay less - Your driving record impacts your car insurance rates tremendously. Good drivers get better rates compared to drivers with tickets. Even a single ticket can increase rates forty percent or more. Drivers who get flagrant violations like DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to keep their license.
Do you know your deductibles? - Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your car from damage. Examples of covered claims would be collision with another vehicle, damage from fire, or theft. The deductibles are the amount of money you are required to spend before a claim is paid by your company. The higher the amount you're willing to pay, the less your auto insurance will be.
Where do you drive? - Driving more miles in a year the higher your rates will be. Most companies charge to insure your cars based on how the vehicle is used. Cars used primarily for pleasure use qualify for better rates compared to those used for work or business. Double check that your auto insurance coverage is showing the proper vehicle usage.
Do you need the policy add-ons? - There are a ton of extra coverages you can purchase when buying auto insurance. Coverages like vanishing deductibles, better glass coverage and motor club memberships are some examples. They may seem like a good idea initially, but if you don't need them get rid of them and save.
Do men or women drive better? - Statistics demonstrate that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Both sexes have accidents in similar percentages, but men have costlier accidents. Men also get more serious tickets like DUI and reckless driving. Teenage male drivers are the most expensive to insure and therefore are the most expensive to insure.
Do you qualify for a multi-policy discount? - Many insurance companies give discounts to insureds who have multiple policies with them. It's known as a multi-policy discount. This can amount to 10 percent or more. Even though this discount sounds good, it's still a good idea to compare other company rates to make sure you are getting the best deal. You may still find a better deal by buying insurance from more than one company.

Is there truth in advertising?

Companies like State Farm and Allstate continually stream television and radio advertisements. All the ads have a common claim that you'll save big after switching to them. How do they all claim to save you money? It's all in the numbers.

Insurance companies are able to cherry pick for the type of driver that earns them a profit. For example, a preferred risk might be a mature driver, has no driving citations, and has a high credit rating. A customer getting a price quote that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Consumers who don't measure up to the "perfect" profile will be charged higher rates and this can result in the customer not buying. The ad wording is "customers who switch" but not "drivers who get quotes" save money. That's the way companies can state the savings. That is why drivers should get a wide range of price quotes. It's impossible to know which auto insurance company will have the lowest rates.

Learn more about Kentucky auto insurance

More detailed Kentucky auto insurance information can be found at the Kentucky Department of Insurance website. Visitors are able to file complaints about a company, report car insurance fraud, and file complaints about an insurance agent or broker.

Do the work, save more money

We covered a lot of techniques to reduce auto insurance prices online. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. You may even discover the best price on auto insurance is with some of the smallest insurance companies.

Discount auto insurance can be purchased both online and with local Dawson Springs insurance agents, and you need to price shop both to get a complete price analysis. Some insurance companies do not offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

As you restructure your insurance plan, you should never skimp on coverage in order to save money. There have been many cases where someone sacrificed physical damage coverage only to discover later that they should have had better coverage. Your goal should be to purchase a proper amount of coverage at the best price, not the least amount of coverage.