7 Tips to Save on Car Insurance in Mt Washington

Are you sick and tired of robbing Peter to pay Paul each month for car insurance? You are in the same boat as many other drivers in Kentucky. Insurance companies such as GEICO and Progressive continually hit you with advertising and it is challenging if not impossible to sift through the bull and effectively compare rates to find the best deal.

It's important to do rate comparisons once or twice a year since rates are constantly changing. Despite the fact that you may have had the best rates a couple years back you can probably find a better price now. You'll find quite a bit of inaccurate information about car insurance online but we're going to give you some great ways to quit paying high car insurance rates.

Mt Washington car insurance quote

Take advantage of discounts

Companies offering auto insurance do not list every available discount in a way that's easy to find, so the following is a list of both the well known and the harder-to-find ways to save on car insurance. If you aren't receiving every discount available, you are paying more than you should be.

  • Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
  • Payment Method - If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
  • Senior Citizens - If you're over the age of 55, you may be able to get reduced rates.
  • Employee of Federal Government - Employees or retirees of the government can save as much as 8% with certain companies.
  • Multi-policy Discount - If you insure your home and vehicles with the same company you will save up to 20% off your total premium.
  • Braking Control Discount - Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.
  • Resident Student - Any of your kids living away from home attending college and do not have access to a covered vehicle may qualify for this discount.

It's important to note that many deductions do not apply to the entire cost. Most cut the price of certain insurance coverages like comprehensive or collision. Just because it seems like it's possible to get free car insurance, you're out of luck.

To choose providers who offer car insurance discounts in Mt Washington, click this link.

Are car insurance companies telling the truth?

Consumers in Kentucky can't ignore all the ads for the lowest price auto insurance by companies like Allstate and Progressive. All the ads make the same claim that you can save after switching to them.

How can each company claim to save you money? This is how they do it.

All companies can use profiling for the type of driver that makes them money. A good example of a preferred risk might be between 25 and 40, has no tickets, and drives less than 10,000 miles a year. Any new insured who matches those parameters gets the lowest rates and most likely will save when they switch companies.

Drivers who don't qualify for the requirements will be charged a higher premium which leads to the customer not buying. The ads say "drivers who switch" not "people who quote" save money. That's why insurance companies can advertise the way they do. That is why you should get a wide range of price quotes. It's just too difficult to predict the company that will provide you with the cheapest rates.

Additional detailed information can be read at the Kentucky Department of Insurance website. Visitors are able to read consumer alerts, view a list of available companies, learn about insurance regulations, and download brochures.

compare Mt Washington car insurance rates

A tidy conclusion

As you go through the steps to switch your coverage, it's a bad idea to buy poor coverage just to save money. Too many times, an insured dropped full coverage and found out when filing a claim that the savings was not a smart move. The aim is to purchase plenty of coverage for the lowest price, not the least amount of coverage.

Lower-priced car insurance can be bought both online and with local Mt Washington insurance agents, so you should compare both to have the best selection. Some car insurance companies do not offer online price quotes and many times these small insurance companies only sell through independent insurance agents.