6 Must-Know Tricks When Buying Somerset, KY Car Insurance

Are you overwhelmed by the sheer number of car insurance company choices in Somerset? You’re not the only one! There are so many options that it can turn into more work than you anticipated to find the lowest price.

Automobile Insurance Quotes in Somerset

All major car insurance companies like State Farm, Allstate and GEICO provide insurance quotes directly from their websites. Getting online quotes is fairly simple as you simply type in the amount of coverage you want as detailed in the form. Once you submit the form, their rating system orders information on your driving record and credit history and returns a price quote based on these and other factors.

Online price quotes simplifies rate comparisons, but having to visit a lot of sites and fill out multiple forms is monotonous and tiresome. Unfortunately, it is important to do this in order to get the lowest car insurance rates.

The smarter way to get multiple rate quotes uses one simple form that obtains quotes from more than one company. It saves time, reduces the work, and makes online quotes much more enjoyable. As soon as the form is sent, it is quoted and you can select any of the resulting price quotes.

If you find a better price you can click and sign and purchase the new policy. It can be completed in a matter of minutes and may save quite a bit of money.

To compare rates now, simply click here to open in new window and enter your vehicle and coverage information. If you have a policy now, it’s recommended you enter deductibles and limits exactly as shown on your declarations page. This ensures you will be getting comparison quotes for exact coverage.

Do drivers who switch really save $389 a year?

Consumers can’t ignore all the ads for car insurance savings by State Farm, Allstate and GEICO. They all seem to have a common claim that you can save if you switch to their company.Car insurance in Somerset KY

How do they all make the same claim? It’s all in the numbers.

All the different companies have a preferred profile for the type of driver they prefer to insure. For example, a profitable customer might be profiled as between 25 and 40, insures multiple vehicles, and drives less than 10,000 miles a year. A propective insured who fits that profile will get very good rates and is almost guaranteed to save a lot of money.

Drivers who are not a match for these standards will be charged higher premiums and this can result in business not being written. The ads state “drivers who switch” not “everybody who quotes” save that kind of money. That’s the way companies can truthfully make the claims of big savings.

That is why it is so important to get quotes from several different companies. It is impossible to predict the company that will provide you with the cheapest rates.

Don’t pay full price with these discounts

Car insurance can cost a lot, but discounts can save money and there are some available to reduce the price significantly. A few discounts will automatically apply when you quote, but some must be asked about prior to getting the savings. If you don’t get every credit possible, you are throwing money away.

  • Good Student – A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you up to age 25.
  • Student in College – Kids in college who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
  • Drive Safe and Save – Drivers who avoid accidents can pay as much as 50% less than their less cautious counterparts.
  • Service Members Pay Less – Having a family member in the military could mean lower rates.
  • Early Switch Discount – Some insurance companies reward drivers for buying a policy before your current expiration date. It’s a savings of about 10%.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts can qualify for discounts of up to 25% or more.
  • Life Insurance Discount – Some companies give better rates if you take out life insurance from them.
  • Low Mileage Discounts – Low mileage vehicles could be rewarded with discounted rates on garaged vehicles.

Consumers should know that most credits do not apply to all coverage premiums. Most only apply to individual premiums such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts will bring down the cost of coverage.

To see a list of companies who offer car insurance discounts in Kentucky, click here to view.

Car insurance in Somerset KY

Additional information can be read on the Kentucky Department of Insurance website located here. Kentucky consumers can file complaints about a company, find out which companies have the most complaints, and find a variety of consumer forms.

Cheaper insurance is a realistic goal

People change insurance companies for a number of reasons such as lack of trust in their agent, unfair underwriting practices, an unsatisfactory settlement offer or high rates after DUI convictions. Regardless of your reason for switching companies, choosing a new insurance company can be easier than you think.

We’ve covered a lot of techniques to reduce car insurance prices online. The key concept to understand is the more rate quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest priced car insurance comes from a small local company.

When buying insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. In many cases, an accident victim reduced uninsured motorist or liability limits only to find out that the few dollars in savings costed them thousands. Your goal should be to get the best coverage possible at the best price while not skimping on critical coverages.