7 Ways to Save on Car Insurance in Mt Olivet

No one likes having to buy car insurance, particularly when the cost is way too high. With so many choices, it's nearly impossible to locate the cheapest insurance company.

It's important to price shop coverage occasionally since rates are constantly changing. Despite the fact that you may have had the best price last year a different company probably has better rates today. Block out anything you think you know about car insurance because you're about to learn one of the best ways to find better coverage at a better price.

Buying car insurance in Mt Olivet is not that difficult. If you currently have a car insurance policy, you should be able to lower your premiums substantially using these methods. Kentucky consumers only need to know the most effective way to get comparison rates over the internet.

Save big with these seven discounts

Companies that sell car insurance don't always publicize all their discounts very well, so we took the time to find both the well known and the more hidden ways to save on car insurance. If you don't get every credit you qualify for, you are throwing money away.

Accident Forgiveness - Some insurance companies permit an accident before your rates go up as long as you don't have any claims for a set time period.
Braking Control Discount - Cars that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
College Student - Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
Save with a New Car - Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
Senior Citizens - If you qualify as a senior citizen, you may be able to get a discount up to 10%.
Clubs and Organizations - Being a member of a professional or civic organization could trigger savings on car insurance.
No Claims - Good drivers with no accidents can save substantially as compared to drivers who are more careless.

A little note about advertised discounts, many deductions do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, you won't be that lucky.

But I don't know anything about car insurance

When it comes to buying the right insurance coverage for your vehicles, there really is no "best" method to buy coverage. Everyone's needs are different so this has to be addressed. These are some specific questions might point out if your situation would benefit from professional advice.

Does my policy cover me when driving someone else's vehicle?
Do I need PIP (personal injury protection) coverage in Kentucky?
What are Kentucky no-fault laws?
Can I get a multi-policy discount for packaging my home and auto coverage?
Who is covered when they drive my vehicle?
What can I do if my company won't pay a claim?
Am I covered by my employer's commercial auto policy when driving my personal car for business?

If it's difficult to answer those questions but a few of them apply then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and can provide invaluable advice.

Car insurance ads bend the truth

Consumers in Kentucky get pounded daily by advertisements for cheaper car insurance from companies such as State Farm, GEICO and Progressive. They all seem to make the same claim about savings after switching your policy.

But how can every company claim to save you money?

Insurance companies have a certain "appetite" for the right customer that earns them a profit. For example, a desirable insured might be a mature driver, owns a home, and has great credit. Any new insured who matches those parameters is entitled to the best price and most likely will save a lot of money.

Potential customers who fall outside this ideal profile will have to pay a higher premium which leads to the customer not buying. The ads state "people who switch" not "people who quote" save that kind of money. That is how companies can truthfully advertise the savings. Because of the profiling, drivers should get quotes from several different companies. It's just too difficult to predict which company will give you the biggest savings.

For more Kentucky car insurance information

Even more information can be found at the Kentucky Department of Insurance website. Visitors are able to learn about insurance regulations, read consumer alerts, read enforcement actions against agents and companies, and find out industry alerts.

Also read more on this site for Kentucky car insurance information and see this list of insurance agents in Mt Olivet.

A tidy conclusion

The cheapest car insurance can be bought both online in addition to many Mt Olivet insurance agents, and you need to price shop both to have the best rate selection. There are still a few companies who do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

As you prepare to switch companies, do not skimp on coverage in order to save money. In many cases, an insured cut physical damage coverage only to discover later that the small savings ended up costing them much more. Your aim should be to buy a smart amount of coverage at an affordable rate.