Quote Louisville Auto Insurance Prices With These Tips

Finding better rates for Louisville auto insurance is nearly impossible for consumers not familiar with buying insurance online. Drivers have so many choices that it can quickly become a lot of work to compare prices in Louisville.

It's important to compare rates once or twice a year because prices are constantly changing. If you had the lowest price last year there is a good chance you can find better rates now. You can find a lot of wrong information about auto insurance on the web, but I'm going to show you some great ways to reduce your auto insurance bill.

You have some control over your rates

Consumers need to have an understanding of some of the elements that come into play when calculating the price you pay for auto insurance. Understanding what influences your rates enables informed choices that may reward you with lower auto insurance prices.

Rate your vehicle for proper use - The more you drive every year the more you will pay for auto insurance. Most insurance companies apply a rate based on their usage. Vehicles left parked in the garage receive lower rates as compared to vehicles used primarily for driving to work. Make sure your auto insurance policy is showing the correct driver usage, because improper ratings can cost you money.
An active claims history can cost you - Car insurance companies in Kentucky provide better rates to drivers who are claim-free. If you frequently file small claims, you can pretty much guarantee higher rates. Auto insurance is designed for major claims that would cause financial hardship.
Rates may be higher depending on your occupation - Jobs such as judges, architects and accountants tend to have higher rates than average because of high stress and lengthy work days. On the flip side, jobs such as farmers, athletes and the unemployed receive lower rates.
Safe vehicles cost less to insure - Cars with high safety ratings are cheaper to insure. These vehicles reduce injuries and lower injury rates translates into fewer and smaller insurance claims and lower rates for you.
Low deductibles can be expensive - Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some instances where coverage would apply could be a windshield shattered by a rock, damage caused by hail, and burglary. Your deductibles are how much you are required to spend out-of-pocket before a claim is paid by your company. The more you are required to pay out-of-pocket, the less your company will charge you for insurance.
Teen drivers pay high rates - Mature drivers are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel. Teen drivers tend to be less responsible in a vehicle therefore auto insurance rates are much higher.
Careful drivers pay lower rates - Your driving citation history impacts your car insurance rates tremendously. Just one citation can boost insurance rates by as much as thirty percent. Careful drivers have lower premiums than people who have multiple driving citations. Drivers who have severe citations like reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) with their state DMV in order to drive a vehicle legally.

Comprehensive Auto Insurance Comparison in Louisville

All major auto insurance companies such as GEICO, State Farm and Progressive allow you to get prices online. This process is quite easy as you just type in the amount of coverage you want into the quote form. After the form is submitted, the company's rating system will obtain your driving and credit reports and generates pricing information.

Online price quotes simplifies rate comparisons, but the time it takes to visit a lot of sites and complete many quote forms can get tiresome after awhile. Unfortunately, it is important to perform this step in order to find a lower rate.

There is a better way!

The preferred way to find cheaper rates uses one form that obtains quotes from several different companies. It's a real time-saver, eliminates repetitive work, and makes price shopping online much more enjoyable and efficient. Immediately after submitting the form, it is rated and you are able to buy any of the resulting price quotes.

If a lower price is quoted, you simply finish the application and purchase the new policy. The entire process can be completed in a matter of minutes and may save quite a bit of money.

To find out how much you're overpaying now, click here and fill out the form. If you have coverage now, it's recommended you enter deductibles and limits as shown on your current policy. This makes sure you will get a fair comparison for the exact same coverage.

More discounts equal less premium

The price of auto insurance can be rather high, but there could be available discounts that can drop the cost substantially. Certain discounts will be triggered automatically at the time you complete a quote, but a few must be asked for prior to getting the savings.

Discount for New Cars - Insuring a new car can cost up to 25% less since new cars are generally safer.
Student Driver Training - Cut your cost by having your teen driver complete a driver education course in high school.
No Accidents - Claim-free drivers pay much less as compared to accident-prone drivers.
Drive Less and Save - Keeping the miles down could be rewarded with lower rates on the low mileage vehicles.
More Vehicles More Savings - Having multiple cars or trucks with the same company may reduce the rate for each vehicle.

Keep in mind that most credits do not apply to the entire cost. Most only cut individual premiums such as collision or personal injury protection. So when it seems like it's possible to get free car insurance, it just doesn't work that way. But any discount will cut your premiums.

To choose companies with the best auto insurance discounts in Louisville, follow this link.

Switch companies and save? Really?

Auto insurance companies such as GEICO, State Farm and Progressive regularly use ads in print and on television. They all seem to say the same thing that you can save if you move to their company. How do they all make almost identical claims?

All companies can use profiling for the driver that makes them money. For instance, a desirable insured could possibly be between the ages of 40 and 55, has no tickets, and drives newer vehicles. A customer getting a price quote who fits that profile will qualify for the lowest rates and therefore will cut their rates substantially.

Potential customers who do not match the "perfect" profile will have to pay a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ad wording is "customers that switch" not "everyone that quotes" save that much. That's why insurance companies can claim big savings.

Because of the profiling, you need to get as many quotes as possible. It's impossible to know the company that will give you the biggest savings.

More information is located on the Kentucky Department of Insurance website located here. Kentucky consumers can file complaints about an insurance agent or broker, download brochures, and read industry bulletins.

Shop smart and save

When trying to cut insurance costs, you should never reduce coverage to reduce premium. In many instances, an insured dropped collision coverage and learned later that it was a big mistake. The ultimate goal is to purchase a proper amount of coverage at a price you can afford.

Consumers who switch companies do it for a number of reasons such as delays in paying claims, extreme rates for teen drivers, high rates after DUI convictions or even delays in responding to claim requests. It doesn't matter why you want to switch choosing a new insurance company is easier than you think.

Affordable auto insurance is definitely available online and also from your neighborhood Louisville agents, so you should be comparing quotes from both to have the best rate selection. A few companies may not provide online price quotes and most of the time these small, regional companies sell through independent agents.