Free Guide to Paying Less for Wallingford Car Insurance Online

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

Drivers have so many to pick from, and although it's a good thing to be able to choose, too many choices makes it more difficult to compare rates.

Finding affordable coverage in Wallingford is not that difficult. If you have car insurance now, you should be able to lower your premiums substantially using this information. Although Kentucky consumers do need to know the way insurance companies price insurance differently and apply this information to your search.

How to Lower your Car Insurance Rates

Consumers need to have an understanding of the rating factors that help determine the rates you pay for car insurance. Knowing what impacts premium levels empowers consumers to make smart changes that could result in lower car insurance prices.

The following are a few of the "ingredients" used by your company to calculate premiums.

Don't skimp on liability - Liability coverage provides coverage if you are found liable for personal injury or accident damage. It provides for a legal defense starting from day one. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should carry high limits.
Don't buy coverages you don't need - There are a ton of extra coverages that you can get tricked into buying when buying car insurance. Coverages for vanishing deductibles, accidental death and additional equipment coverage may be wasting your money. These may sound like a good investment initially, but now you might not need them so eliminate them to save money.
Where you reside plays a part - Choosing to live in a rural area is a positive aspect when talking about car insurance. Drivers in populated areas regularly have more traffic problems and a longer drive to work. Fewer people means a lower chance of having an accident.
Teen drivers pay high rates - Youthful drivers in Kentucky are known to get distracted easily when behind the wheel so they pay higher car insurance rates. Older insureds are more responsible, tend to file fewer claims and are safer drivers.
Adjust deductibles and save - Physical damage deductibles represent how much money you are required to spend if you file a covered claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. A few examples of covered claims would be colliding with a building, damage caused by hail, or theft. The higher the amount you have to pay, the less your car insurance will be.
Do you have a high stress job? - Did you know your occupation can influence how much you pay for car insurance? Occupations such as lawyers, executives and financial analysts have higher average rates due to high stress levels and lengthy work days. Conversely, occupations like actors, engineers and performers get better rates.
Do you qualify for a multi-policy discount? - Many car insurance companies will award you with lower prices to insureds who have multiple policies with them in the form of a multi-policy discount. Even if you're getting this discount it's still a good idea to comparison shop to verify if the discount is saving money. You may still find a better deal by insuring with multiple companies.

How to Compare Wallingford Car Insurance Costs

There are several ways to compare car insurance prices and some are less time-consuming than others. You can spend your afternoon talking to insurance agencies in Wallingford, or you could use the internet to get prices fast.

Most of the larger companies belong to a marketplace that allows shoppers to submit one quote, and every company returns a rated price for coverage. This system prevents you from having to do quote forms for each company you want a rate for.

To submit your quote information now, click here to open in new window.

The one downside to using this type of form is you are unable to specify which providers you want pricing from. So if you want to select specific providers to compare rates, we put together a list of companies who write car insurance in Kentucky. Click to view list.

It's up to you how you get prices quotes, just compare identical information for every company. If you use higher or lower deductibles you can't possibly decipher which rate is best in Wallingford. Having just a slight variation in coverages can result in a big premium difference. Just keep in mind that comparing a large number of companies helps you find the best price.

How much can you save with discounts?

Companies that sell car insurance don't always list all available discounts very clearly, so we took the time to find both the well known and also the lesser-known ways to save on car insurance.

Organization Discounts - Being a member of a qualifying organization could trigger savings when buying car insurance.
Driver Safety - Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
Auto/Life Discount - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
Senior Citizens - If you're over the age of 55, you may be able to get a small decrease in premiums.
Homeowners Discount - Owning a home in Wallingford may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
Claim Free - Drivers with accident-free driving histories can save substantially when compared with accident-prone drivers.
Multiple Vehicles - Buying insurance for multiple vehicles with the same company can get a discount on all vehicles.

A little note about advertised discounts, most discount credits are not given the the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like all the discounts add up to a free policy, you won't be that lucky.

To choose insurers who offer car insurance discounts in Kentucky, click this link.

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

Allstate, GEICO and Progressive continually stream television and radio advertisements. All the companies make the same claim about savings after switching your coverage to them. How does each company claim to save you money? It's all in the numbers.

All companies are able to cherry pick for the type of customer that makes them money. For example, a profitable customer might be a mature driver, has no tickets, and has a high credit rating. Any driver who matches those parameters is entitled to the best price and is almost guaranteed to save when switching.

Potential insureds who don't meet these standards must pay more money which leads to the customer not buying. Company advertisements say "customers who switch" but not "drivers who get quotes" save that much money. That's the way companies can truthfully state the savings. This illustrates why you need to get quotes from several different companies. You cannot predict which car insurance company will have the lowest rates.

Even more information can be found at the Kentucky Department of Insurance website. Visitors are able to find out which companies have the most complaints, discover disciplinary actions, view agent and company licensing information, and read enforcement actions against agents and companies.

Other informative sites include this link for Kentucky car insurance quotes and this link which helps you find a Wallingford agent.

Final considerations

The cheapest car insurance can be purchased both online as well as from independent agents in Wallingford, and you need to price shop both in order to have the best chance of saving money. Some insurance companies don't offer online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

As you restructure your insurance plan, make sure you don't reduce coverage to reduce premium. In too many instances, an insured dropped physical damage coverage only to regret at claim time that they should have had better coverage. Your focus should be to buy enough coverage at the best price while not skimping on critical coverages.