Car Insurance in Louisville - 7 Discounts to Save Money

Paying for high-priced car insurance can take a big chunk out of your bank account and make it impossible to make ends meet. Comparison shopping is free and is an excellent way to reduce premiums and put more money in your pocket. There are many to buy insurance from, and even though it's nice to have a choice, it makes it harder to compare rates.

It's important to check car insurance prices quite often since rates are constantly changing. Even if you got the best deal a couple years back there may be better deals available now. Starting now, ignore everything you know about car insurance because we're going to show you the proper way to save money, get proper coverage and the best rates.

Louisville car insurance comparison

How much can you save with these seven discounts?

Car insurance companies don't always publicize all their discounts very clearly, so here is a list some of the more common and the more hidden ways to save on car insurance. If you're not getting every credit you deserve, you're just leaving money on the table.

  • College Student - Any of your kids who live away from home and do not have access to a covered vehicle can receive lower rates.
  • Auto/Life Discount - Companies who offer life insurance give a discount if you purchase life insurance.
  • Braking Control Discount - Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Good Student Discount - Getting good grades can earn a discount of 20% or more. The discount lasts well after school through age 25.
  • Accident Waiver - Certain companies permit an accident without raising rates as long as you don't have any claims for a set time period.
  • Driver Safety - Successfully completing a driver safety course could cut 5% off your bill depending on where you live.
  • 55 and Retired - Older drivers may be able to get reduced rates.

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. A few only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, you won't be that lucky.

For a list of companies who offer car insurance discounts in Illinois, click this link.

How to Buy Louisville Car Insurance Online

There are several ways to compare car insurance quotes, but some are more efficient than others. You can waste hours driving to agents in Louisville, or you can utilize online quotes to achieve your goal.

Most car insurance companies participate in an industry program that allows shoppers to only type in their quote data once, and at least one company then gives them pricing determined by their information. This system prevents you from having to do repetitive form submissions for each company you want a rate for.

To submit your quote information now, click here (opens in new window).

The only downside to getting quotes like this is you can't choose the companies to receive prices from. So if you want to choose from a list of companies for rate comparison, we put together a list of low cost car insurance companies in Illinois. Click to view list.

It's up to you how you get prices quotes, just make darn sure you compare identical information for each comparison quote. If your comparisons have higher or lower deductibles it will be next to impossible to determine the lowest rate in Louisville.

How much car insurance do I need?

When it comes to choosing proper insurance coverage for your personal vehicles, there isn't really a "perfect" insurance plan. Each situation is unique so this has to be addressed. For example, these questions may help you determine if your insurance needs might need an agent's assistance.

  • Why does it cost so much to insure a teen driver in Louisville?
  • Do I pay less if my vehicle is kept in my garage?
  • What are the financial responsibility laws in Illinois?
  • Does my policy cover me when driving someone else's vehicle?
  • Does my insurance cover a custom paint job?
  • Do I need to file an SR-22 for a DUI in Illinois?
  • Does my personal auto insurance policy cover using my vehicle for business use?
  • Should I buy additional glass protection?

If it's difficult to answer those questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It's fast, free and can provide invaluable advice.

A tidy conclusion

As you go through the steps to switch your coverage, never sacrifice coverage to reduce premiums. There are many occasions where drivers have reduced liability limits or collision coverage only to find out that the savings was not a smart move. Your aim should be to buy enough coverage at an affordable rate.

Cheaper car insurance can be purchased from both online companies and with local Louisville insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some car insurance companies do not offer online quoting and most of the time these smaller companies sell through independent agents.

You just learned some good ideas how to get a better price on car insurance. The most important thing to understand is the more times you quote, the better your chances of lowering your rates. Drivers may discover the lowest rates come from a company that doesn't do a lot of advertising. These companies may cover specific market segments cheaper compared to the large companies like .