Top 7 Ways You Can Buy Car Insurance for Less in Middletown

Having to pay for overpriced car insurance can take a big chunk out of your savings account and put a big crunch on your finances. Comparison shopping is a great way to reduce premiums and put more money in your pocket. Big companies like State Farm, Allstate, GEICO and Progressive persitently shower you with fancy advertisements and it is difficult to sift through the bull and find the best price available.

If you have a current car insurance policy or need new coverage, you can learn to find better prices and still get good coverage. Finding the best rates in Middletown is not that difficult. Kentucky consumers only need to know the best way to buy car insurance over the internet.

Are you getting all your discounts?

Properly insuring your vehicles can get expensive, but you can get discounts that you may not know about. Certain discounts will be triggered automatically when you purchase, but a few must be inquired about before being credited. If you aren't receiving every discount you deserve, you are throwing money away.

  • No Accidents - Drivers who don't have accidents pay much less when compared to drivers who are more careless.
  • Paperwork-free - Some insurance companies will give a small break for buying your policy digitally online.
  • Own a Home - Simply owning a home can save you money due to the fact that maintaining a home shows financial diligence.
  • Service Members Pay Less - Being deployed with a military unit may qualify for rate reductions.
  • Anti-lock Brakes - Cars that have steering control and anti-lock brakes can reduce accidents and therefore earn up to a 10% discount.
  • Distant Student - Youth drivers who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
  • 55 and Retired - If you qualify as a senior citizen, you may be able to get better car insurance rates.

A little note about advertised discounts, some credits don't apply to all coverage premiums. Most only cut the cost of specific coverages such as comp or med pay. So even though they make it sound like you could get a free car insurance policy, you won't be that lucky. Any amount of discount will reduce the cost of coverage.

How can Progressive, Allstate and GEICO save drivers who switch?

Consumers get pounded daily by advertisements for car insurance savings by Progressive, Allstate and GEICO. They all have a common claim about savings after switching to their company.

How can each company make the same claim?

Different companies have a preferred profile for the driver that earns them a profit. For instance, a driver they prefer could be between the ages of 40 and 55, insures multiple vehicles, and has great credit. Any new insured that hits that "sweet spot" will qualify for the lowest rates and as a result will probably save when they switch companies.

Consumers who are not a match for the requirements will be quoted higher prices and this can result in business going elsewhere. The ad wording is "people who switch" not "everybody who quotes" save that much. This is how companies can truthfully advertise the savings.

This emphasizes why you should get quotes from several different companies. It's just too difficult to predict which insurance companies will fit your personal profile best.

Additional information is located on the website for the Kentucky Department of Insurance through this link. Consumers can read industry bulletins, get help finding coverage, view a list of available companies, and read enforcement actions against agents and companies.

A tidy conclusion

The cheapest car insurance can be sourced from both online companies and also from your neighborhood Middletown agents, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who may not provide you the ability to get quotes online and these small, regional companies work with independent agents.

When you buy insurance online, it's not a good idea to buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced collision coverage and learned later that the few dollars in savings costed them thousands. Your strategy should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.