Tightwads Guide for Saving on Salyersville Car Insurance

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Believe me, there are lots of people in the same boat. Insurance companies such as GEICO and Progressive continually bombard you with TV and radio ads and it is difficult to sift through the bull and effectively compare rates to find the best deal.

It's important to take a look at other company's rates every six months due to the fact that insurance rates are constantly changing. If you had the best rates six months ago a different company probably has better rates today. You'll find quite a bit of inaccurate information about car insurance online, so I'm going to show you some great ways to find cheap car insurance.

More discounts equal less premium

The cost of insuring your cars can be expensive, but you can get discounts to help offset the cost. Larger premium reductions will be automatically applied at the time you complete a quote, but some may not be applied and must be requested specifically prior to getting the savings. If you aren't receiving every discount possible, you are throwing money away.

Senior Citizens - If you qualify as a senior citizen, you can possibly qualify for better car insurance rates.
Clubs and Organizations - Being a member of a civic or occupational organization could trigger savings on car insurance.
Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
Federal Government Employee - Active or retired federal employment can save as much as 8% with select insurance companies.
College Student - Any of your kids living away from home attending college without a vehicle on campus may be able to be covered for less.
Save with a New Car - Buying coverage on a new vehicle is cheaper since new cars are generally safer.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Some only reduce individual premiums such as liability, collision or medical payments. So even though it sounds like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will reduce your premiums.

Salyersville Rates are Influenced by These Factors

Smart consumers have a good feel for the rating factors that come into play when calculating the rates you pay for car insurance. Having a good understanding of what impacts premium levels enables informed choices that may reward you with lower car insurance prices.

Older drivers pay less - Older insureds are viewed as being more responsible, tend to file fewer claims and tend to be better behind the wheel. Youthful drivers tend to be more careless when behind the wheel and because of this, their car insurance rates are much higher.
Liability coverage is cheap - The liability section of your policy provides coverage if ever you are found liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.
Frequent car insurance claims increase rates - If you are a frequent claim filer, you can pretty much guarantee either a policy non-renewal or much higher rates. Car insurance companies in Kentucky give cheaper rates to insureds who are claim-free. Auto insurance is intended for the large, substantial claims.
Rates may be lower depending on your job - Jobs such as real estate brokers, executives and dentists tend to have the highest average rates because of high stress levels and lengthy work days. Other jobs such as actors, historians and the unemployed receive lower rates.
Bad driving skills means higher rates - Your driving citation history has a huge affect on how much you pay. Careful drivers have lower premiums than people who have multiple driving citations. Only having one moving violation can boost insurance rates forty percent or more. Drivers who have severe citations such as reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to drive a vehicle legally.
Discounts for married couples - Getting married actually saves money on your car insurance policy. It means you're more responsible and it's proven that being married results in fewer claims.

Switch companies and save? Really?

Consumers in Kentucky get pounded daily by advertisements that promise big savings by Progressive, GEICO, Allstate and State Farm. They all seem to make the same claim about savings if you move to their company.

How can each company claim to save you money?

All companies are able to cherry pick for the driver that earns them a profit. A good example of a desirable insured might be a mature driver, has no driving citations, and has a high credit rating. Any driver who matches those parameters will get very good rates and therefore will save when they switch companies.

Potential customers who do not match the requirements will have to pay a more expensive rate which leads to the customer not buying. The ads say "customers that switch" not "everyone that quotes" save that much. That's the way companies can truthfully state the savings.

Because of the profiling, drivers should get quotes from several different companies. You cannot predict which car insurance company will have the lowest rates.

Learn more about Kentucky car insurance

Additional information can be read 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, download brochures, and read industry bulletins.

In the end, you save

As you restructure your insurance plan, it's a bad idea to skimp on coverage in order to save money. There are many occasions where someone sacrificed full coverage and found out when filing a claim that they should have had better coverage. Your aim should be to find the BEST coverage at a price you can afford.

Cheaper car insurance is possible both online and also from your neighborhood Salyersville agents, and you need to price shop both to have the best rate selection. Some insurance companies may not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.