How to Get Cheap Louisville Car Insurance

Finding better rates for Louisville car insurance is a challenge for consumers new to comparison shopping online. Consumers have so many choices that it can turn into more work than you anticipated to find the best price in Louisville.

Choosing the best insurance company for you in Louisville is easy if you know what you're doing. Essentially every vehicle owner who is required by state law to have car insurance stands a good chance to be able to cut their insurance bill. But Mississippi car owners do need to know how the larger insurance companies determine prices and apply this information to your search.

More discounts equal less premium

Companies don't list every discount very clearly, so we took the time to find some of the more common and the harder-to-find savings tricks you should be using.

Seat Belts Save - Buckling up and requiring all passengers to use a seat belt could cut 10% or more off your PIP or medical payments premium.
Claim Free - Claim-free drivers can save substantially when compared to drivers who are more careless.
Pay Upfront and Save - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
Multiple Policy Discount - If you have multiple policies with the same insurance company you will save at least 10% off all policies.
Passive Restraints and Air Bags - Cars that have air bags may earn rate discounts of more than 20%.
Lower Rates for Military - Being on active duty in the military can result in better rates.
Employee of Federal Government - Active or retired federal employment could cut as much as 10% off with a few car insurance companies.
Theft Prevention Discount - Cars that have factory anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
Drivers Education - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
Low Mileage Discounts - Keeping the miles down can earn discounted rates on garaged vehicles.

Drivers should understand that most discount credits are not given to the entire cost. Most only reduce the price of certain insurance coverages like comp or med pay. Just because it seems like adding up those discounts means a free policy, companies wouldn't make money that way.

Switch companies and save? Really?

Car insurance providers like Progressive, Allstate and GEICO regularly use ads in print and on television. They all make an identical promise that you'll save big if you move your coverage to them. How does each company make the same claim? This is how they do it.

Insurance companies can use profiling for the type of customer that earns them a profit. For example, a driver they prefer could be between the ages of 40 and 55, is a homeowner, and chooses high deductibles. A customer who meets those qualifications will get the preferred rates and therefore will save when switching.

Potential customers who do not match these standards will be quoted a higher premium and ends up with business going elsewhere. The ads state "drivers who switch" not "everyone that quotes" save that much money. That's why companies can state the savings. This emphasizes why you should compare many company's rates. Because you never know the company that will give you the biggest savings.

Learn more today

More detailed Mississippi car insurance information can be found at the Mississippi Insurance Department website. Consumers can find a variety of consumer forms, read industry bulletins, and view a list of available companies.

Also read more on this site for car insurance information in Mississippi and this list of agents in Louisville, MS.

Shop smart and save

People who switch companies do it for any number of reasons including being labeled a high risk driver, high rates after DUI convictions, unfair underwriting practices and even policy non-renewal. It doesn't matter why you want to switch switching car insurance companies is less work than it seems.

When buying insurance coverage, make sure you don't buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your strategy should be to get the best coverage possible for the lowest price while still protecting your assets.

Budget-conscious car insurance is possible from both online companies as well as from independent agents in Louisville, so you should be comparing quotes from both to have the best rate selection. Some insurance companies don't offer you the ability to get quotes online and these regional insurance providers work with independent agents.