Tightwads Instructions on Saving on Russell Springs Auto Insurance

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us, there are many people just like you.

Lots of contend for your business, so it can be very hard to choose a to discover the definitive lowest rate

It's important to compare rates every six months because prices are constantly changing. Just because you found the best deal last year you will most likely find a better rate today. So block out anything you think you know about auto insurance because you're going to get a crash course in the proper way to properly buy coverages and cut your premium.

If you are paying for car insurance now, you should be able to save some money using this information. Finding affordable coverage in Russell Springs is easy if you know what you're doing. But Kentucky consumers do need to know the way companies sell online and take advantage of how the system works.

Policy discounts you shouldn't miss

The cost of insuring your cars can be expensive, but there could be available discounts that you may not know about. Certain discounts will be applied when you get a quote, but some must be asked for before you will receive the discount.

Senior Citizens - If you qualify as a senior citizen, you may be able to get better auto insurance rates.
Multiple Vehicles - Buying insurance for multiple vehicles on one policy may reduce the rate for each vehicle.
Sign Online - A handful of insurance companies may give you up to $50 for buying a policy and signing up on their website.
Drive Less and Save - Fewer annual miles can qualify you for better rates on cars that stay parked.
No Charge for an Accident - A few companies will forgive one accident before your rates go up as long as you don't have any claims for a particular time prior to the accident.
Save with a New Car - Adding a new car to your policy is cheaper due to better safety requirements for new cars.
Student Driver Training - Make teen driver coverage more affordable by requiring them to complete a driver education course if it's offered in school.
Payment Method - If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
No Accidents - Drivers with accident-free driving histories can earn big discounts as compared to drivers who are more careless.
Service Members Pay Less - Having a family member in the military may qualify for rate reductions.

Drivers should understand that most discount credits are not given to all coverage premiums. The majority will only reduce individual premiums such as liability, collision or medical payments. So even though it sounds like having all the discounts means you get insurance for free, companies wouldn't make money that way. But all discounts will cut the amount you have to pay.

Save $429 a year? Really?

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm continually stream television and radio advertisements. They all seem to make the same claim that you'll save big after switching to their company. How do they all claim to save you money?

All the different companies are able to cherry pick for the driver that earns them a profit. An example of a desirable insured might be between the ages of 30 and 50, has no driving citations, and has great credit. A customer getting a price quote who matches those parameters gets the lowest rates and is almost guaranteed to cut their rates substantially.

Drivers who don't qualify for the "perfect" profile will have to pay higher premiums which leads to the customer not buying. Company advertisements say "customers that switch" but not "drivers who get quotes" save that much. That's the way companies can advertise the savings.

Because of the profiling, you should compare many company's rates. It's impossible to know which auto insurance company will give you the biggest savings.

Learn more about Kentucky auto insurance

Much more information about auto insurance in Kentucky is available on the website for the Kentucky Department of Insurance located here. Visitors are able to read enforcement actions against agents and companies, find out which companies have the most complaints, get help finding coverage, and discover disciplinary actions.

Affordable insurance is out there

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed liability limits or collision coverage only to find out that the small savings ended up costing them much more. Your aim should be to buy the best coverage you can find at a price you can afford.

Budget-conscious auto insurance can be sourced both online and also from your neighborhood Russell Springs agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who may not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.