7 Best Methods to Lower Car Insurance Costs in Erlanger Kentucky

Sick and tired of robbing Peter to pay Paul to insure your vehicles every month? You are in the same boat as the majority of other car owners in Kentucky. Companies like Progressive, State Farm and GEICO increase brand awareness with fancy advertisements and consumers find it hard to sift through the bull and take the time to shop coverage around.

If you have a current car insurance policy or are shopping for new coverage, you can use this information to find better prices and possibly find even better coverage. Finding affordable coverage in Erlanger is quite easy. Kentucky drivers only need to know the proper methods to shop their coverage around on the web.

Comparison of Car Insurance in Erlanger, KY

Shopping for lower car insurance rates can take time and effort if you aren’t aware of the easiest way. You can waste a lot of time talking to agents in Erlanger, or you can utilize online quoting for quick rates.

The majority of car insurance companies take part in a program that enables customers to complete one form, and at least one company then gives them pricing based on that data. This system prevents you from having to do quote forms to each individual car insurance company.

To participate in this free quote system, click here to open in new window.

One minor caviat to doing it this way is you cannot specify the providers to receive prices from. So if you prefer to choose specific insurance companies to compare rates, we have a listing of low cost car insurance companies in Kentucky. Click to view list.

It’s your choice how you get your quotes, but compare identical coverage information with every price quote. If your comparisons have different liability limits you can’t possibly make an equal comparison in Erlanger.

Take these seven discounts and save

Auto insurance companies don’t list every discount very well, so we break down some of the more common as well as the least known car insurance savings. If you don’t get every credit possible, you are paying more than you should be.

  • Distant Student – Youth drivers who are attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Military Discounts – Having a family member in the military could mean lower rates.
  • Federal Government Employee – Employees or retirees of the government can save as much as 8% with certain companies.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
  • New Car Discount – Adding a new car to your policy is cheaper compared to insuring an older model.
  • Payment Method – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
  • Seat Belts Save – Requiring all passengers to use a seat belt can save up to 15% off your medical payments premium.

Drivers should understand that many deductions do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way.

To choose insurers with discount car insurance rates in Kentucky, click here.

Which policy gives me the best coverage?

When it comes to choosing proper insurance coverage for your vehicles, there is no “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions may help you determine whether you will benefit from professional help.

  • Are rental cars covered under my policy?
  • Is my cargo covered for damage or theft?
  • Can I drive in Mexico and have coverage?
  • Can my teen driver be rated on a liability-only vehicle?
  • Which companies will insure high-risk drivers?
  • Is Kentucky a no-fault state?
  • Am I covered when delivering products for my home-based business?
  • Does medical payments coverage apply to all occupants?
  • Does my policy pay for OEM or aftermarket parts?
  • Do I need roadside assistance coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Even more information can be read at the Kentucky Department of Insurance website. Visitors are able to download brochures, find disaster information, learn about specific coverages, and read enforcement actions against agents and companies.

Also read more on this resource for Kentucky car insurance prices and this link where you can make Erlanger car insurance comparisons.

Switch companies and save? Really?

Kentucky drivers can’t ignore all the ads that promise big savings from the likes of Allstate, GEICO and Progressive. All the companies make the same claim of big savings if you move your coverage to them.

But how can every company say the same thing?

All the different companies are able to cherry pick for the type of customer that is profitable for them. An example of a desirable insured might be over the age of 50, a clean driving record, and drives newer vehicles. A customer that hits that “sweet spot” gets the lowest rates and is almost guaranteed to save when they switch companies.

Consumers who are not a match for these standards must pay higher rates which leads to the customer not buying. The ad wording is “customers that switch” not “everyone that quotes” save that kind of money. That is how companies can truthfully make the claims of big savings. This illustrates why you absolutely need to quote coverage with many companies. You cannot predict the company that will give you the biggest savings.

Car insurance coverage breakdown

Knowing the specifics of your car insurance policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages found on the average car insurance policy.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for hospital visits, prosthetic devices, surgery and pain medications. They are often used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive (Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, theft, a tree branch falling on your vehicle, hitting a deer and a broken windshield. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

This coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your vehicle.

Since many Kentucky drivers carry very low liability coverage limits (Kentucky limits are 25/50/10), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Coverage for collisions

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like sideswiping another vehicle, crashing into a building and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Liability car insurance

This coverage protects you from damage or injury you incur to a person or their property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like repair bills for other people’s vehicles, funeral expenses and structural damage. How much coverage you buy is up to you, but buy as much as you can afford. Kentucky requires drivers to carry at least 25,000/50,000/10,000 but you should think about purchasing more liability than the minimum.

Better coverage you can count on

Throughout this article, we presented a lot of techniques to reduce car insurance prices online. It’s most important to understand that the more price quotes you have, the better likelihood of reducing your rate. Consumers could even find that the lowest rates come from a small local company. Smaller companies may cover specific market segments cheaper compared to the large companies like Allstate, GEICO and Progressive.

Low-cost car insurance is available on the web and with local Erlanger insurance agents, and you need to price shop both so you have a total pricing picture. Some companies do not offer online quoting and most of the time these regional insurance providers sell through independent agents.