Tightwads Instructions on Saving on Prestonsburg Car Insurance

Having to pay for overpriced car insurance can dwindle your savings account, especially in this economy. Comparison shopping is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket. Lots of contend to insure your vehicles, and because of this it can be hard to compare and get the best coverage at the lowest price

If you have insurance now or need new coverage, you can learn to shop for the lowest rates and still get good coverage. Finding affordable coverage in Prestonsburg is not that difficult. Kentucky consumers only need to know the most effective way to compare prices online.

How much can you save with discounts?

Insurance can cost an arm and a leg, but companies offer discounts that you may not even be aware of. Larger premium reductions will be automatically applied at quote time, but some must be inquired about in order for you to get them. If they aren't giving you every credit you deserve, you are throwing money away.

  • Multi-car Discount - Buying insurance for more than one vehicle on one policy could earn a price break for each car.
  • Auto/Home Discount - If you have multiple policies with one company you could get a discount of at least 10% off all policies.
  • Good Student Discount - Performing well in school can earn a discount of 20% or more. The discount lasts until age 25.
  • Own a Home - Owning a home in Prestonsburg can help you save on car insurance because owning a home requires personal responsibility.
  • Air Bag Discount - Vehicles equipped with air bags or automatic seat belts can get savings of 20% or more.
  • Government Employees - Active or retired federal employment could cut as much as 10% off depending on your company.
  • Life Insurance - Companies who offer life insurance give lower rates if you buy life insurance.

A little note about advertised discounts, most discount credits are not given to your bottom line cost. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will cut the amount you have to pay.

How much car insurance do I need?

When it comes to buying proper insurance coverage for your personal vehicles, there is no best way to insure your cars. Each situation is unique so your insurance should reflect that For example, these questions can help discover if your insurance needs would benefit from professional advice.

  • Am I covered when driving on a suspended license?
  • What are the best liability limits?
  • Why am I required to buy high-risk coverage?
  • When do I need to add a new car to my policy?
  • Should I drop comprehensive coverage on older vehicles?
  • Do I have coverage for damage caused while driving under the influence?
  • What happens if I owe more than my vehicle is worth?

If you're not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It's fast, doesn't cost anything and can provide invaluable advice.

Save 15 percent in 15 minutes? Is it for real?

Consumers get pounded daily by advertisements for car insurance savings from companies such as Allstate, GEICO and Progressive. All the companies make an identical promise about savings if you switch your policy.

How do they all make the same claim?

Insurance companies have a preferred profile for the right customer that earns them a profit. An example of a profitable customer could be a mature driver, has no prior claims, and has great credit. A customer who meets those qualifications will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Potential insureds who don't meet the "perfect" profile must pay more money and ends up with business going elsewhere. The ad wording is "people who switch" but not "drivers who get quotes" save that kind of money. This is how companies can truthfully advertise the savings.

This illustrates why you should quote coverage with many companies. Because you never know which insurance companies will fit your personal profile best.

Learn more about car insurance in Kentucky

Additional information is available on the website for the Kentucky Department of Insurance through this link. Consumers can report car insurance fraud, view agent and company licensing information, file complaints about a company, and find out industry alerts.

Kentucky car insurance quotes

And the best car insurance company is...

The cheapest car insurance is available from both online companies in addition to many Prestonsburg insurance agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who do not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

When you buy insurance online, never buy lower coverage limits just to save a few bucks. In too many instances, consumers will sacrifice liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. Your focus should be to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.

We just showed you some good ideas how you can reduce car insurance prices online. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. Drivers may discover the best price on car insurance is with a company that doesn't do a lot of advertising. Regional companies may cover specific market segments cheaper compared to the large companies like .