Top 8 Ways to Get Lower Rates on Car Insurance in Elizabethtown, KY

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Believe me when I say many consumers are feeling buyer's remorse and feel like there's no way out. Online insurance companies like GEICO and Progressive persitently shower you with catchy ads and consumers find it hard to sift through the bull and effectively compare rates to find the best deal.

Policy discounts you shouldn't miss

Insuring your fleet can be pricey, but companies offer discounts to help bring down the price. Certain discounts will be triggered automatically when you get a quote, but some must be asked for before you will receive the discount. If you aren't receiving every discount possible, you are paying more than you should be.

Drivers Ed for Students - Cut your cost by having your teen driver successfully complete driver's ed class if offered at their school.
Low Mileage Discounts - Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
Military Discounts - Having a deployed family member could be rewarded with lower premiums.
Federal Government Employee - Employees or retirees of the government can save as much as 8% with a few car insurance companies.
Multiple Policy Discount - If you insure your home and vehicles with one company you may save up to 20% off your total premium.
Anti-theft Discount - Anti-theft and alarm systems help deter theft and qualify for as much as a 10% discount.
Safety Course Discount - Completing a driver safety course could possibly earn you a 5% discount if your company offers it.
Distant Student - Children who live away from home and don't have a car can receive lower rates.

As a disclaimer on discounts, most credits do not apply the the whole policy. Most only reduce the cost of specific coverages such as liability and collision coverage. Just because it seems like you can get free auto insurance, car insurance companies aren't that generous. Any amount of discount will reduce the amount you have to pay.

To choose insurance companies with discount car insurance rates in Elizabethtown, follow this link.

Save $429 a year? Really?

Consumers can't ignore all the ads that promise big savings from companies such as State Farm, Allstate and GEICO. They all say the same thing about savings if you change your policy.

How can each company make the same claim?

All companies are able to cherry pick for the right customer that makes them money. An example of a driver they prefer could be between the ages of 40 and 55, has no tickets, and has great credit. Any new insured who fits that profile will get the preferred rates and is almost guaranteed to save when they switch companies.

Drivers who don't qualify for the requirements will be quoted higher premiums which usually ends up with business going elsewhere. The ads state "people who switch" but not "drivers who get quotes" save that kind of money. That's the way companies can truthfully advertise the savings.

This emphasizes why you should get a wide range of price quotes. It's just too difficult to predict which car insurance company will give you the biggest savings.

Additional information is available on the website for the Kentucky Department of Insurance through this link. Consumers can view a list of available companies, find disaster information, download brochures, and read consumer alerts.

Best coverage at the best price

Cheap car insurance is attainable from both online companies in addition to many Elizabethtown insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide online price quotes and these smaller companies work with independent agents.

As you prepare to switch companies, it's a bad idea to buy poor coverage just to save money. There have been many situations where an insured dropped liability limits or collision coverage only to find out that the small savings ended up costing them much more. The proper strategy is to get the best coverage possible at an affordable rate while still protecting your assets.