Compare Florence Auto Insurance Prices With These Techniques

Are you intimidated by the wide range of auto insurance company choices in Florence? You're not alone. People have so many choices that it can turn into more work than you anticipated to locate the lowest price.

It's important to check auto insurance prices every six months since insurance rates are constantly changing. If you had the best rates two years ago you may be paying too much now. There is a lot of bad information regarding auto insurance on the web, but we're going to give you some great ways to slash your auto insurance rates.

How to Compare Auto Insurance Quotes in Florence, Kentucky

Most major insurance companies like State Farm and Allstate allow you to get prices for coverage online. Getting online quotes is fairly straightforward as you simply enter the coverages you want as detailed in the form. Behind the scenes, their system will obtain information on your driving record and credit history and returns a price.

Quoting online makes comparing rates easy, but having to visit several different sites and complete many quote forms is repetitive and time-consuming. But it's very important to compare as many rates as possible in order to find better auto insurance pricing.

A less time-consuming method to lower your rates requires only one form that analyzes rates from several companies at one time. The form is fast, requires much less work on your part, and makes quoting online a little more enjoyable. As soon as the form is sent, it is rated and you are able to buy any one of the returned quotes. If one or more price quotes are lower than your current rates, it's easy to complete the application and buy the new coverage. The entire process can be completed in a matter of minutes and may save quite a bit of money.

To quickly find out what other companies charge, click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you replicate coverages and limits as shown on your current policy. This way, you will receive rate comparison quotes based on similar coverages.

Kentucky auto insurance

What determines how much you pay?

It's important that you understand some of the elements that come into play when calculating auto insurance rates. Knowing what influences your rates allows you to make educated decisions that can help you get lower auto insurance prices.

The list below includes some of the items companies use to determine your rates.

  • A clean driving record saves money - Your driving record has a lot to do with how much you pay for insurance. Even a single ticket can increase rates by as much as thirty percent. Good drivers tend to pay less for car insurance than people who have multiple driving citations. Drivers who get severe violations such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 form with the DMV in their state in order to drive a vehicle legally.
  • Do you have enough liability coverage? - The liability section of your policy provides coverage in the event that a jury decides you are liable for damages from an accident. Liability provides you with a defense in court starting from day one. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Lower rates with optional equipment - Choosing a vehicle with anti-theft technology or alarm system can get you a discount on your auto insurance. Anti-theft devices such as GM's OnStar, tamper alarm systems and vehicle immobilizers can thwart your car from being stolen.
  • Do you know your deductibles? - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Examples of covered claims are running into the backend of another car, damage caused by hail, and rolling your vehicle. Your deductibles are the amount of money you are required to spend out-of-pocket if you file a covered claim. The more expense you're willing to pay, the less your auto insurance will be.
  • Too many auto insurance claims drive up costs - Insurance companies in Kentucky provide lower rates to drivers who file claims infrequently. If you are a frequent claim filer, you can definitely plan on higher rates. Auto insurance is intended to be relied upon for the large, substantial claims.
  • More performance means more cost - The performance level of the vehicle you drive makes a significant difference in how high your rates are. The cheapest insurance rates are usually for low performance passenger vehicles, but there are many factors that impact the final cost.

These discounts can lower your rates

Car insurance companies don't always publicize every available discount very clearly, so the following is a list of some of the best known and the harder-to-find auto insurance savings. If you're not getting every credit possible, you're just leaving money on the table.

  • Discount for Good Grades - Getting good grades can get you a discount of up to 25%. The good student discount can last up to age 25.
  • Club Memberships - Affiliation with a qualifying organization could qualify you for a break on your policy.
  • Pay Upfront and Save - If you pay your bill all at once rather than paying monthly you can actually save on your bill.
  • Homeowners Discount - Being a homeowner may trigger a auto insurance policy discount because of the fact that having a home demonstrates responsibility.
  • Federal Government Employee - Simply working for the federal government can save as much as 8% with certain companies.

Keep in mind that most of the big mark downs will not be given to all coverage premiums. Some only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like you can get free auto insurance, it just doesn't work that way.

For a list of providers with the best auto insurance discounts in Kentucky, follow this link.

Additional detailed information can be read at the Kentucky Department of Insurance website. Kentucky drivers can file complaints about a company, find out which companies have the most complaints, and view a list of available companies.

In the end, you save

Throughout this article, we presented many ways to lower your auto insurance rates. The key concept to understand is the more you quote, the better your chances of lowering your rates. You may even find the lowest rates come from a lesser-known regional company.

Affordable auto insurance is possible on the web and with local Florence insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies do not offer online quoting and many times these small insurance companies only sell through independent insurance agents.

Consumers who switch companies do it for any number of reasons including poor customer service, questionable increases in premium, unfair underwriting practices and an unsatisfactory settlement offer. Regardless of your reason for switching companies, switching auto insurance companies is not as hard as you think.