Car Insurance in Princeton - 7 Discounts to Save Money

Are you sick and tired of being strong-armed each month for car insurance? Your situation is no different than many other Kentucky drivers. Drivers have multiple to buy insurance from, and though it is a good thing to have multiple companies, it can be more challenging to compare rates.

It's important to compare prices before your policy renews since rates are constantly changing. Even if you got the best price a few years ago a different company probably has better rates today. Forget all the misinformation about car insurance because we're going to demonstrate the tricks you need to know to buy cheaper car insurance.

Choosing the best insurance company for you in Princeton is quite easy. If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using these techniques. Kentucky drivers only need an understanding of the most efficient way to find the lowest price over the internet.

Don't pay full price with these seven discounts

Companies offering auto insurance don't always list all their discounts very clearly, so we took the time to find both the well known and the harder-to-find savings tricks you should be using. If you're not getting every credit available, you are throwing money away.

  • Senior Citizens - If you qualify as a senior citizen, you may be able to get better car insurance rates.
  • Employee of Federal Government - Active or retired federal employment may qualify you for a discount with select insurance companies.
  • Life Insurance - Larger companies have a discount if you purchase auto and life insurance together.
  • One Accident Forgiven - Certain companies will allow you to have one accident before your rates go up as long as you don't have any claims for a particular time prior to the accident.
  • Theft Prevention System - Cars that have factory anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Seat Belts Save - Using a seat belt and requiring all passengers to wear their seat belts could save 15% off your PIP or medical payments premium.
  • No Accidents - Claim-free drivers can save substantially as compared to drivers who are more careless.

Consumers should know that most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like all those discounts means the company will pay you, companies don't profit that way.

Princeton car insurance comparison

The car insurance bait and switch

Consumers in Kentucky get pounded daily by advertisements for the lowest price auto insurance by Progressive, GEICO, Allstate and State Farm. They all seem to make an identical promise of big savings after switching to their company.

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

All the different companies can use profiling for the driver that earns them a profit. For example, a desirable insured might be between the ages of 30 and 50, is a homeowner, and has a short commute. Any new insured who meets those qualifications will qualify for the lowest rates and therefore will save when switching.

Potential customers who don't measure up to these standards will have to pay a more expensive rate and ends up with the customer not buying. The ad wording is "drivers who switch" not "everyone that quotes" save that much. That's why insurance companies can confidently make the claims of big savings. Because of the profiling, drivers should get a wide range of price quotes. It's just too difficult to predict the company that will fit your personal profile best.

Learn more today

More tips and info about car insurance can be found at the Kentucky Department of Insurance website. Visitors are able to learn about insurance regulations, download brochures, file complaints about an insurance agent or broker, and get help finding coverage.

Best coverage at the best price

As you shop your coverage around, never skimp on coverage in order to save money. There are many occasions where an accident victim reduced physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to get the best coverage possible for the lowest price.

Cost effective car insurance can be purchased both online and also from your neighborhood Princeton agents, and you should compare price quotes from both to have the best rate selection. Some insurance providers may not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.