Tightwads Guide to Saving on Paint Lick Car Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Trust us, you're not the only one.

With so many choices, it is very difficult to find the best insurance company.

Buying car insurance in Paint Lick is easy if you know what you're doing. Basically, every driver who is required by state law to have car insurance should be able to cut their insurance bill. But Kentucky car owners do need to know the way insurance companies price online insurance because it can help you find the best coverage.

Paint Lick Rates are Influenced by These Factors

Consumers need to have an understanding of the different types of things that go into determining your car insurance rates. When you know what positively or negatively controls the rates you pay enables informed choices that will entitle you to lower car insurance prices.

Theft deterrents lower rates - Choosing a vehicle with a theft deterrent system can help lower your rates. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart car theft.
Don't get talked into coverage you don't need - There are many extra coverages that can waste your money on your policy. Things like roadside assistance, accident forgiveness and term life insurance may be costing you every month. They may seem like a good idea initially, but if they're wasting money remove them from your policy.
Credit scores impact car insurance rates - Having a bad credit score is a big factor in calculating your car insurance rates. So if your credit rating is lower than you'd like, you could save money insuring your by improving your rating. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with poor credit.
How's your driving record? - A bad driving record has a big impact on rates. Careful drivers get better rates than bad drivers. Even one ticket can boost insurance rates forty percent or more. If you have serious violations like reckless driving, hit and run or driving under the influence may find they need to file a SR-22 with their state motor vehicle department in order to continue driving.
Your job and insurance rates - Did you know your job can affect your rates? Careers like judges, business owners and stock brokers tend to have the highest rates due to stressful work requirements and lengthy work days. On the other hand, professions such as actors, students and homemakers receive lower rates.
Safer occupants lowers premiums - Cars with high safety ratings can get you lower premiums. The safest vehicles reduce injuries and fewer injuries means lower claim amounts passed on to you as lower rates.
Never go without insurance - Letting your insurance expire is a fast way to bump up your car insurance costs. Not only will you pay more, but not being able to provide proof of insurance will get you a revoked license or a big fine.You may need to file a SR-22 with the Kentucky motor vehicle department.

Save big with these discounts

Companies don't always publicize every discount very well, so we researched some of the more common and also the lesser-known savings tricks you should be using.

Driver's Ed - Cut your cost by having your teen driver successfully complete driver's ed class in school.
Defensive Driver - Completing a driver safety course could possibly earn you a 5% discount if your company offers it.
Anti-lock Brake System - Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
Discount for Good Grades - This discount can get you a discount of up to 25%. Earning this discount can benefit you until age 25.
No Accidents - Drivers with accident-free driving histories pay much less when compared to accident-prone drivers.
Low Mileage Discounts - Driving fewer miles could be rewarded with discounted rates on garaged vehicles.
Passive Restraints - Cars that have air bags and/or automatic seat belt systems can receive discounts of more than 20%.
Federal Government Employee - Employees or retirees of the government can save as much as 8% with a few car insurance companies.
55 and Retired - If you're over the age of 55, you may qualify for better car insurance rates.
Distant Student - Kids in college who are attending college and do not have a car may qualify for this discount.

Drivers should understand that most discounts do not apply the the whole policy. A few only apply to specific coverage prices like liability and collision coverage. Just because you may think you can get free auto insurance, companies wouldn't make money that way.

To choose insurance companies offering car insurance discounts in Kentucky, click here to view.

Car insurance ads bend the truth

Car insurance providers like State Farm, Allstate and GEICO constantly bombard you with ads on TV and radio. They all make an identical promise that you'll save big if you switch to their company. But how can every company make the same claim? It's all in the numbers.

All companies are able to cherry pick for the driver that makes them money. For instance, a driver they prefer could be a mature driver, has no tickets, and drives newer vehicles. A customer who meets those qualifications receives the best rates and most likely will save a lot of money.

Drivers who fall outside this ideal profile will be quoted higher premiums and ends up with business going elsewhere. Company advertisements say "customers who switch" not "people who quote" save that much. That's the way companies can claim big savings. This emphasizes why you should compare many company's rates. Because you never know which car insurance company will give you the biggest savings.

More detailed Kentucky car insurance information is located at the Kentucky Department of Insurance website. Consumers can view a list of available companies, discover disciplinary actions, find out industry alerts, and file complaints about a company.

Other informative sites include this site for car insurance rates in Kentucky and this list of insurance agents in Paint Lick, KY.

Shop smart and save

Budget-conscious car insurance can be found from both online companies and also from your neighborhood Paint Lick agents, and you need to price shop both to have the best chance of lowering rates. A few companies may not provide online price quotes and these small, regional companies work with independent agents.

When trying to cut insurance costs, do not buy poor coverage just to save money. There have been many situations where an insured dropped collision coverage and learned later that it was a big mistake. The proper strategy is to buy enough coverage at the best price while still protecting your assets.