Easy Tips to Save Money on Mt Vernon Auto Insurance

Purchasing the cheapest Mt Vernon auto insurance on the web is impossible for beginners to price shopping online. With so many choices of companies in the marketplace, how can consumers even start to compare every one to find the lowest price available?

It's important to compare rates quite often because prices are constantly changing. Despite the fact that you may have had the best deal a year ago the chances are good that you can find a lower rate today. Starting now, ignore everything you know about auto insurance because you're going to get a crash course in the proper way to properly buy coverages and cut your premium.

Be sure to get all your discounts

Insuring your vehicles can cost a lot, but there could be available discounts to cut the cost considerably. Larger premium reductions will be automatically applied when you get a quote, but some must be specifically requested before you will receive the discount. If you don't get every credit you deserve, you're paying more than you need to.

Sign Online - Some insurance companies may give you up to $50 for buying your policy online.
College Student - Any of your kids who live away from home and do not have access to a covered vehicle can receive lower rates.
Save with a New Car - Buying coverage on a new vehicle can be considerably cheaper compared to insuring an older model.
Good Student Discount - A discount for being a good student can save 20 to 25%. The discount lasts well after school through age 25.
Accident Waiver - Some insurance companies permit an accident before raising your premiums as long as you don't have any claims for a certain period of time.
Auto/Life Discount - Companies who offer life insurance give a break if you buy life insurance from them.

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like you could get a free auto insurance policy, auto insurance companies aren't that generous. Any amount of discount will help reduce the amount you have to pay.

To see a list of companies who offer auto insurance discounts in Kentucky, click this link.

How to Buy Mt Vernon Auto Insurance Online

Effectively comparing auto insurance prices can take time and effort if you aren't aware of the most efficient way to do it. You can waste a lot of time driving to insurance agencies in Mt Vernon, or you can utilize the internet for quick rates.

Many insurance companies belong to an insurance system that allows shoppers to only type in their quote data once, and each participating company then gives them pricing. This system prevents you from having to do repetitive form submissions to each individual auto insurance company.

To submit your quote information now, click to open in new window.

The only downside to doing it this way is you are unable to specify which carriers you want pricing from. So if you want to choose individual companies to compare, we put together a list of low cost auto insurance companies in Kentucky. Click to view list.

It's up to you how you get prices quotes, just make darn sure you compare apples-to-apples coverage information for each price quote. If you are comparing unequal deductibles or liability limits it will be impossible to truly determine the lowest rate in Mt Vernon.

You have some control over your rates

An important part of buying insurance is that you know the rating factors that help determine the rates you pay for auto insurance. When you know what positively or negatively impacts premium levels enables informed choices that may reward you with better auto insurance rates.

Discounts for married couples - Being married can get you a discount on your auto insurance policy. It means you're more responsible and it's statistically proven that married drivers get in fewer accidents.
Mature drivers pay less - Youthful drivers in Kentucky are known to be more careless when driving so auto insurance rates are higher. If you've ever had to add a young driver to your auto insurance policy can really hurt. More mature drivers are viewed as being more responsible, tend to cause fewer accidents and are safer drivers.
Cautious drivers pay less - Careful drivers receive lower rates compared to drivers with tickets. Only having one moving violation can boost insurance rates by as much as thirty percent. Drivers who have flagrant citations such as reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to keep their license.
Big city or small town - Residing in a small town can be a good thing when talking about auto insurance. Drivers in populated areas have much more traffic and longer commute times. Fewer drivers translates into fewer accidents and also fewer theft and vandalism claims.
Increase deductibles and save - Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some instances where coverage would apply would be colliding with a building, collision with an animal, or theft. Physical damage deductibles are how much you are required to spend in the event of a claim. The more money you are required to pay out-of-pocket, the bigger discount you will receive.

How do I know if I need professional advice?

When choosing proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone's needs are different.

For example, these questions may help you determine whether or not you would benefit from professional advice.

Does medical payments coverage apply to all occupants?
Why does it cost so much to insure a teen driver in Mt Vernon?
Should I file a claim if it's only slightly more than my deductible?
Do I need to file an SR-22 for a DUI in Kentucky?
I have good health insurance, so how much medical payments coverage do I need?
When does my teenage driver need to be added to my policy?
Does my liability insurance cover pulling a trailer or camper?
What happens if I owe more than my vehicle is worth?

If it's difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and can provide invaluable advice.

Is there truth in advertising?

Consumers in Kentucky can't get away from ads for car insurance savings by State Farm, GEICO and Progressive. They all seem to make the same claim about savings after switching to their company.

But how can every company claim to save you money?

Different companies have a preferred profile for the driver that is profitable for them. An example of a desirable insured might be a mature driver, insures multiple vehicles, and has excellent credit. A customer getting a price quote who matches those parameters gets the lowest rates and is almost guaranteed to save a lot of money.

Drivers who don't measure up to this ideal profile will have to pay higher premiums which leads to the customer not buying. Company advertisements say "people who switch" but not "drivers who get quotes" save that much. This is how companies can truthfully make those claims.

Because of the profiling, drivers must get quotes from several different companies. It's impossible to know which insurance companies will have the lowest rates.

A tidy conclusion

Cheap auto insurance can be bought both online and also from your neighborhood Mt Vernon agents, and you need to price shop both to have the best chance of lowering rates. Some companies may not provide the ability to get a quote online and most of the time these smaller companies sell through independent agents.

While you're price shopping online, don't be tempted to reduce coverage to reduce premium. In many cases, drivers have reduced liability limits or collision coverage only to find out they didn't purchase enough coverage. Your aim should be to buy the best coverage you can find at an affordable rate.

We covered some good ideas how to compare auto insurance prices online. The most important thing to understand is the more rate comparisons you have, the better chance you'll have of finding lower rates. You may be surprised to find that the best price on auto insurance is with an unexpected company.

Additional information is available on the Kentucky Department of Insurance website through this link. Visitors are able to get help finding coverage, read enforcement actions against agents and companies, and file complaints about a company.

Additional helpful sites include this site for Kentucky auto insurance information and see this list of insurance agents in Mt Vernon.