Top 9 Ways to Save Money on Car Insurance in Jackson

Expensive car insurance can overdraw your checking account and force you to make sacrifices. Comparison shopping is a great way to help make ends meet. Numerous battle for your hard-earned dollar, and because of this it can be hard to compare to get the lowest price

Be sure to get all your discounts

Companies offering auto insurance don't always list every discount in an easy-to-find place, so we took the time to find both the well known as well as the least known discounts you could be receiving. If they aren't giving you every credit you deserve, you are throwing money away.

Claim Free - Drivers who don't have accidents can save substantially when compared to drivers who are more careless.
Paperwork-free - A few companies may give you up to $50 for buying your policy on their website.
Low Mileage Discounts - Low mileage vehicles can earn a substantially lower rate.
Multiple Cars - Buying insurance for all your vehicles on one policy may reduce the rate for each vehicle.
Life Insurance Discount - Companies who offer life insurance give lower rates if you buy life insurance.
Safety Course Discount - Successfully completing a defensive driving course could cut 5% off your bill if you qualify.
Passive Restraint Discount - Cars that have air bags or automatic seat belts can get savings of 20% or more.
Student Driver Training - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class if offered at their school.
Pay Now and Pay Less - By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.

As a disclaimer on discounts, some credits don't apply to all coverage premiums. Some only apply to individual premiums such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, car insurance companies aren't that generous.

Is there truth in advertising?

Consumers in Kentucky get pounded daily by advertisements for car insurance savings from the likes of Progressive, Allstate and GEICO. They all have a common claim about savings if you change your coverage to them.

How do they all claim to save you money?

Insurance companies have a preferred profile for the type of customer that earns them a profit. For example, a driver they prefer might be a mature driver, insures multiple vehicles, and drives less than 7,500 miles a year. Any new insured that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Drivers who don't measure up to the "perfect" profile will be quoted a higher premium and this can result in the customer not buying. The ad wording is "customers that switch" but not "drivers who get quotes" save that much money. This is how companies can truthfully advertise the way they do. This emphasizes why you should get a wide range of price quotes. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

For more Kentucky car insurance information

Even more information can be found at the Kentucky Department of Insurance website. Visitors are able to read industry bulletins, get help finding coverage, find disaster information, and report car insurance fraud.

In the end, you save

Cheap car insurance is attainable both online as well as from independent agents in Jackson, and you need to price shop both to have the best selection. Some car insurance companies don't offer you the ability to get quotes online and these regional insurance providers work with independent agents.

When shopping online for car insurance, never buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible at a price you can afford while still protecting your assets.