Germantown Car Insurance For Less Than You're Paying Now

Are you intimidated by the crazy number of car insurance choices in Germantown? You're not the only one! People have so many choices that it can turn into more work than you anticipated to compare prices.

Tips to Get Lower Germantown Rates

Consumers need to have an understanding of some of the elements that help determine the rates you pay for car insurance. Knowing what impacts premium levels empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

The following are a few of the "ingredients" used by your company to calculate prices.

Optional equipment can affect rates - Choosing a vehicle with anti-theft technology or alarm system can get you a discount on your car insurance. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can thwart your car from being stolen.
Do you know your deductibles? - Your deductibles define the amount you are required to spend if you file a covered claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. A few examples of covered claims would be running into the backend of another car, damage caused by hail, or theft. The higher the amount you have to pay, the less your car insurance will be.
Teen drivers pay high rates - Youthful drivers in Kentucky are known to be careless and easily distracted when behind the wheel so they pay higher car insurance rates. Older insureds are more cautious drivers, statistically cause fewer accidents and receive fewer citations.
Big city or small town - Choosing to live in small towns and rural areas can save you money when talking about car insurance. City drivers regularly have traffic congestion and much longer commute distances. Lower population means a lower chance of having an accident.
Men pay higher rates - Statistics demonstrate that women are safer drivers than men. However, this does not mean women are BETTER drivers than men. Both sexes tend to get into accidents in similar percentages, but the men have costlier accidents. Men also statistically get cited for more serious violations like DUI and reckless driving. Youthful male drivers tend to get in the most accidents and are penalized with high car insurance rates.
Do you need the policy add-ons? - There are a ton of extra coverages that can waste your money when buying car insurance. Coverages for roadside assistance, accident forgiveness and additional equipment coverage are examples of these. These may sound like a good investment when talking to your agent, but now you might not need them so eliminate them to save money.

How to Compare Car Insurance Quotes in Germantown, Kentucky

Reducing your insurance rates is surprisingly easy. You just have to take a couple of minutes comparing price quotes online from several insurance companies. This can be done in several different ways.

The fastest way to find low rates is to use a rate comparison form click here to open form in new window. This method keeps you from doing multiple quote forms for each company you want a rate for. Filling out one form will get you rate comparisons from multiple low-cost companies. It's definitely the quickest method.
A slightly less efficient method to get quotes online requires you to visit the website of each company and fill out their own quote form. For example, let's assume you want to compare rates from , and . To get each rate you have to visit each site and enter your policy data, and that's why the first method is more popular. To view a list of companies in Germantown, click here.
The least efficient method to get comparison rates is to waste gas driving to insurance agents' offices. Shopping for car insurance online eliminates the need for an insurance agent unless you have a need for the trained guidance that only a license agent can provide. You can, however, find lower rates online and still use a local agent and you'll learn how to do that later.

Which method you use is up to you, but ensure you are comparing identical coverage information for each comparison quote. If you compare unequal deductibles or liability limits it will be very difficult to determine the lowest rate in Germantown.

Save big with these discounts

Insuring your fleet can be pricey, buy you may qualify for discounts to cut the cost considerably. Certain discounts will be applied when you purchase, but a few need to be specially asked for before being credited. If you're not getting every credit possible, you are paying more than you should be.

Payment Method - If you pay your bill all at once instead of making monthly payments you could save up to 5%.
Multiple Vehicles - Insuring multiple vehicles with the same company qualifies for this discount.
Distant Student - Children who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase life insurance.
Senior Citizens - If you're over the age of 55, you may be able to get a small decrease in premiums.
Driver Safety - Successfully completing a defensive driving course could possibly earn you a 5% discount if your company offers it.

As a disclaimer on discounts, most credits do not apply to all coverage premiums. Most cut the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears adding up those discounts means a free policy, car insurance companies aren't that generous. Any amount of discount will bring down your overall premium however.

To choose insurance companies who offer car insurance discounts in Kentucky, follow this link.

Car insurance ads bend the truth

Consumers in Kentucky can't ignore all the ads that promise big savings from the likes of State Farm, Allstate and GEICO. They all say the same thing about savings after switching your coverage to them.

How does each company claim to save you money? This is how they do it.

Insurance companies are able to cherry pick for the type of customer that makes them money. For example, a driver they prefer might be between the ages of 30 and 50, has no driving citations, and chooses high deductibles. Any driver who fits that profile gets the lowest rates and most likely will save when switching.

Consumers who fall outside these standards will be quoted higher prices which usually ends up with the customer not buying. The ads say "drivers who switch" not "people who quote" save that much money. That's the way companies can truthfully state the savings.

This emphasizes why you need to quote coverage with many companies. You cannot predict which car insurance company will give you the biggest savings.

Additional information can be found on the Kentucky Department of Insurance website. Click here for link. Visitors are able to view a list of available companies, report car insurance fraud, and read enforcement actions against agents and companies.

Other informative sites include this site for car insurance rates in Kentucky and this list of insurance agents in Germantown, KY.

A tidy conclusion

Consumers change insurance companies for any number of reasons including extreme rates for teen drivers, lack of trust in their agent, not issuing a premium refund or even delays in paying claims. Whatever your reason, switching car insurance companies is easier than you think.

Cheap car insurance can be bought both online as well as from independent agents in Germantown, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance companies don't offer online price quotes and these regional insurance providers work with independent agents.

When buying insurance coverage, make sure you don't reduce coverage to reduce premium. There have been many situations where someone sacrificed physical damage coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase plenty of coverage for the lowest price while still protecting your assets.