Car Insurance in Oak Grove - 6 Discounts to Save Money

Saving money on Oak Grove car insurance is difficult for consumers not familiar with buying insurance online. Drivers have so many options that it can be more work than you anticipated to find lower rates in Oak Grove.

It's important to do rate comparisons before your policy renews since rates are constantly changing. Even if you got the best price last year you can probably find a better price now. Ignore everything you know about car insurance because we're going to demonstrate the tricks you need to know to eliminate unnecessary coverages and save money.

This article will let you in on how to effectively get price quotes and some tips to save money. If you have car insurance now, you will be able to lower your premiums substantially using these methods. But Kentucky consumers do need to know the way companies price insurance differently and apply this information to your search.

Oak Grove car insurance comparison

Save big with these six discounts

The cost of insuring your cars can be expensive, but you may find discounts to reduce the price significantly. Certain discounts will be applied when you purchase, but a few need to be asked for before being credited.

  • 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 select insurance companies.
  • Life Insurance Discount - Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
  • One Accident Forgiven - Certain companies allow you one accident before hitting you with a surcharge as long as you don't have any claims prior to the accident.
  • Bundle and Save - If you insure your home and vehicles with the same company you will save up to 20% off your total premium.
  • Driver Safety - Completing a defensive driving course could save 5% or more if your company offers it.

Consumers should know that some credits don't apply to the entire cost. The majority will only reduce specific coverage prices like liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, companies don't profit that way. But all discounts will bring down your overall premium however.

To choose companies who offer car insurance discounts in Kentucky, click here.

Car insurance ads bend the truth

Car insurance companies such as Progressive, GEICO, Allstate and State Farm continually stream ads on TV and radio. They all seem to have a common claim that you'll save big after switching to them. How does each company claim to save you money? It's all in the numbers.

All companies can use profiling for the type of driver that makes them money. For example, a desirable insured might be between the ages of 30 and 50, is a homeowner, and drives newer vehicles. Any new insured that hits that "sweet spot" gets the lowest rates and most likely will save when switching.

Consumers who fall outside these standards will have to pay higher prices and this can result in the customer not buying. Company advertisements say "customers who switch" not "people who quote" save money. That's why companies can claim big savings.

Because of the profiling, you should quote coverage with many companies. It's just too difficult to predict the company that will give you the biggest savings.

Much more information about car insurance in Kentucky can be found on the Kentucky Department of Insurance website found here. Visitors are able to learn about insurance regulations, download brochures, and file complaints about an insurance agent or broker.

Shop smart and save

When trying to cut insurance costs, never buy poor coverage just to save money. There are many occasions where an accident victim reduced physical damage coverage only to regret at claim time that it was a big mistake. Your aim should be to buy the best coverage you can find at the best price.

Drivers change insurance companies for a variety of reasons including denial of a claim, high rates after DUI convictions, delays in paying claims or even an unsatisfactory settlement offer. Whatever your reason, finding a new car insurance company is easier than you think.

Discount car insurance can be purchased both online and with local Oak Grove insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. A few companies do not offer online price quotes and most of the time these regional insurance providers sell through independent agents.