Comparison Shop Lexington Auto Insurance Prices With These Tricks

Searching for the cheapest Lexington auto insurance on the web is rather challenging for beginners to comparison shopping online. Because there are so many online companies, how can you possibly compare every one to find the lowest price?

It's important to compare prices on a regular basis since insurance rates are constantly changing. If you had the best deal last year you will most likely find a better rate today. Starting right now, ignore everything you know about auto insurance because it's time to teach you the proper way to find lower rates on auto insurance.

Buying car insurance in Lexington is not that difficult. If you are insured now or need a new policy, you can learn to find better prices while maximizing coverage. Alabama consumers only need to know the tricks to get comparison rates online.

Save big with these discounts

Companies don't list every available discount very well, so here is a list some of the best known as well as the least known ways to save on auto insurance. If you don't get every credit you deserve, you are throwing money away.

  • Anti-theft System - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Own a Home - Being a homeowner may earn you a small savings because of the fact that having a home requires personal responsibility.
  • Government Employees - Active or retired federal employment can earn a discount up to 10% with certain companies.
  • Passive Restraint Discount - Vehicles with factory air bags or automatic seat belts can receive discounts of 20% or more.
  • No Accidents - Drivers who don't have accidents can earn big discounts compared to drivers who are more careless.
  • Accident Waiver - Some insurance companies will forgive one accident before your rates go up if you are claim-free for a certain period of time.
  • Auto/Life Discount - Companies who offer life insurance give a break if you buy life insurance from them.

A little note about advertised discounts, many deductions do not apply to all coverage premiums. The majority will only reduce individual premiums such as comprehensive or collision. So even though they make it sound like you could get a free auto insurance policy, you won't be that lucky.

Lexington auto insurance quote

Auto insurance ads bend the truth

Alabama drivers get pounded daily by advertisements for car insurance savings by Allstate and Progressive. All the ads make the same claim about savings if you move to their company.

But how can every company say the same thing?

Different companies have a preferred profile for the driver that earns them a profit. An example of a preferred risk might be profiled as over the age of 50, insures multiple vehicles, and has great credit. A propective insured who matches those parameters gets the lowest rates and most likely will save a lot of money.

Potential customers who fall outside this ideal profile will be charged a more expensive rate which leads to business not being written. Company advertisements say "customers that switch" not "people who quote" save that much. This is how companies can truthfully advertise the savings. That is why you should compare many company's rates. It's not possible to predict which insurance companies will give you the biggest savings.

Even more information is available at the Alabama Department of Insurance website. Alabama drivers can read consumer alerts, report car insurance fraud, and download brochures.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this Lexington agent directory.

And the best car insurance company is...

As you prepare to switch companies, don't be tempted to buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced liability limits or collision coverage only to find out that the small savings ended up costing them much more. The aim is to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

The cheapest auto insurance is definitely available on the web and also from your neighborhood Lexington agents, and you should be comparing both to have the best rate selection. There are still a few companies who may not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

Insureds who switch companies do it for a number of reasons such as policy cancellation, an unsatisfactory settlement offer, extreme rates for teen drivers and even poor customer service. Whatever your reason, choosing a new insurance company is less work than it seems.