7 Discounts Lexington Shoppers Forget when Quoting Car Insurance
Are you tired of paying out the nose each month for car insurance? You are in the same boat as the majority of other car owners in Kentucky. Big companies like GEICO and Progressive persitently shower you with advertising and it is challenging if not impossible to sift through the bull and effectively compare rates to find the best deal.
It's important to price shop coverage before your policy renews since rates are constantly changing. If you had the best rates last year there may be better deals available now. You'll find quite a bit of inaccurate information about car insurance online, so we're going to give you some great ways to stop overpaying for insurance.
If you are insured now or are shopping for new coverage, you can use these techniques to shop for the lowest rates and still get good coverage. Finding affordable coverage in Lexington is quite easy. Kentucky drivers only need an understanding of the most effective way to compare company rates online.
Be sure to get all your discounts
Companies offering auto insurance don't always advertise every available discount in a way that's easy to find, so the following is a list of some of the more common and also the lesser-known discounts you could be receiving. If you aren't receiving every discount available, you're just leaving money on the table.
- Passive Restraints - Vehicles with factory air bags can qualify for discounts of up to 25% or more.
- No Claims - Claim-free drivers pay less compared to frequent claim filers.
- Drivers Ed for Students - Require your teen driver to take driver's ed class in high school.
- Employee of Federal Government - Simply working for the federal government can save as much as 8% with certain companies.
- Anti-theft Discount - Vehicles with anti-theft systems help deter theft and earn discounts up to 10%.
- Pay Upfront and Save - By paying your policy upfront rather than paying monthly you could save 5% or more.
- Life Insurance Discount - Larger companies have better rates if you take out a life insurance policy as well.
It's important to understand that some credits don't apply to the entire cost. The majority will only reduce specific coverage prices like medical payments or collision. So even though it sounds like it's possible to get free car insurance, it doesn't quite work that way.
For a list of providers with the best car insurance discounts in Lexington, click here.
Cheap Lexington Car Insurance Comparisons
Shopping for lower car insurance rates can be a lot of work if you don't know the most efficient way. You can waste hours talking about coverages with insurance agencies in Lexington, or you could use the web to get rate comparisons in just a few minutes.
Most car insurance companies are enrolled in a marketplace that allows shoppers to complete one form, and every company can provide price quotes. This prevents consumers from doing quote requests to each individual car insurance company.
To submit your quote information now, click here (opens in new window).
The one disadvantage to using this type of form is you are unable to specify the companies you will receive quotes from. So if you prefer to pick specific providers to compare, we have a listing of companies who write car insurance in Kentucky. View list of Kentucky insurance companies.
Whichever method you choose, ensure you're using exactly the same deductibles and coverage limits for every company. If you are comparing different values for each quote then you won't be able to decipher which rate is best in Lexington.
And the best car insurance company is...
You just learned a lot of ways to get a better price on car insurance. The key concept to understand is the more you quote, the better your comparison will be. You may be surprised to find that the best price on car insurance is with some of the smallest insurance companies. These companies can often provide lower rates in certain areas compared to the large companies like .
When trying to cut insurance costs, it's a bad idea to sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced full coverage and found out when filing a claim that it was a big mistake. Your goal should be to buy the best coverage you can find at the best price, not the least amount of coverage.
