How to Know You’re Paying Too Much for Car Insurance in Taylor Mill Kentucky

If you are new to getting , most likely you are baffled by the confusing number of car insurance companies offering coverage in Taylor Mill.

Consumers should take time to do rate comparisons once or twice a year because insurance prices are rarely the same from one policy term to another. If you had the best deal last year a different company probably has better rate quotes today. Ignore everything you know about car insurance because we’re going to demonstrate one of the easiest ways to buy cheaper car insurance.

Make smart decisions and lower your rates

One of the most helpful ways to save on car insurance is to to have a grasp of the factors that aid in calculating your car insurance rates. If you know what controls the rates you pay, this enables informed choices that can help you get lower premium levels. Many things are taken into consideration when pricing auto insurance. A few of the factors are predictable such as traffic violations, but some are not as apparent such as your marital status or your commute time.

The factors shown below are a few of the “ingredients” utilized by car insurance companies to help set premiums.

  • Drive a safer car and pay less – Vehicles that have high safety ratings cost less to insure. Safer cars protect occupants better and fewer injuries translates directly to fewer claims which can mean better rates for you. If your vehicle is rated at a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Low stress job equals lower car insurance rates – Did you know that where you work can have an impact on rates? Careers such as military personnelair traffic controllers and dentists generally have higher premiums than the average policyholder in part from stressful work requirements and long work hours. On the other hand, jobs such as scientists, athletes and performers receive lower rates.
  • Too many insurance claims and you’ll pay more – Auto insurance companies in Kentucky give cheaper rates to policyholders who are not frequent claim filers. If you tend to file frequent claims, you can expect higher rates. Auto insurance is meant to be used in the event of claims that you cannot pay yourself.
  • Do you know you’re credit rating? – Credit score is a large factor in your rate calculation. So if your credit history can use some improvement, you could pay less to insure your vehicle if you clean up your credit. Consumers who have very good credit scores tend to be more responsible than those with bad credit.
  • Eliminate extra policy coverages – There are a ton of add-on coverages that can add up on your policy. Things like rental car reimbursement, towing coverage, and Farm Bureau memberships are examples of these. They may sound like good ideas when buying your policy, but your needs may have changed so get rid of them and save.

The best way to compare car insurance rates is to realize car insurance companies provide online access to compare their rates. The one thing you need to do is provide a little information like how much education you have, if you lease or own, if you are currently licensed, and an estimate of your credit level. Your rating data is then submitted to many different companies and you will receive price estimates almost instantly.

To find lower rates now, click here and enter your coverage details.

Take advantage of every car insurance discount

Car insurance is not inexpensive, but companies offer discounts that can drop the cost substantially. A few discounts will be applied at quote time, but some must be specially asked for before being credited.

  • No Accidents – Taylor Mill drivers who stay claim-free have much lower rates in comparison with drivers with a long claim history.
  • Driver Training Discounts – Taking time to complete a course teaching defensive driver skills could possibly earn you a 5% discount and also improve your driving technique.
  • Anti-lock Brake System – Vehicles that have steering control and anti-lock brakes have fewer accidents and will save you 10% or more.
  • Discounts for Safe Drivers – Drivers without accidents can save up to 40% or more on their compared to accident prone drivers.
  • Policy Bundle Discount – When you combine your home and auto insurance with the same insurance company you could get a discount of at least 10 to 15 percent or more.
  • Life Insurance – Some companies give a lower price if you buy a life policy as well.
  • Taylor Mill Homeowners Discount – Just owning your own home can save you money because it is proof of financial responsibility.
  • Accident Waiver – This one isn’t a discount, but a handful of insurance companies permit an accident without the usual rate increase so long as you are claim-free for a specific time period.
  • Theft Prevention System – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and will qualify for a discount on a .

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to the entire cost. A few only apply to individual premiums such as comprehensive or collision. So even though it sounds like you can get free auto insurance, you won’t be that lucky.

A list of companies and some of the discounts include:<img class="alignright" style="padding-top:15px;" src="https://www.carinsurancediy.com/wp-content/uploads/ci175-40.jpg" alt="Kentucky car insurance prices”/>

  • Mercury Insurance has discounts for anti-theft, good driver, professional/association, good student, and type of vehicle.
  • Farmers Insurance may include discounts for pay in full, alternative fuel, mature driver, business and professional, youthful driver, and distant student.
  • Farm Bureau includes discounts for multi-vehicle, safe driver, youthful driver, good student, and driver training.
  • State Farm may have discounts that include multiple policy, driver’s education, anti-theft, student away at school, and safe vehicle.
  • Allstate offers premium reductions for good student, premier discount, new car, eSmart discount, anti-lock brakes, passive restraint, and early signing.
  • Geico has savings for daytime running lights, emergency military deployment, federal employee, driver training, and anti-lock brakes.

If you want , ask each insurance company which discounts you may be entitled to. Some of the earlier mentioned discounts may not apply to policyholders in every state. To choose insurers with discount car insurance rates in Taylor Mill, click here to view.

Can’t I compare rates from local Taylor Mill insurance agencies?

A lot of people still like to sit down and talk to an agent and doing that can be a smart decision Insurance agents are trained to spot inefficiencies and help you file claims. An additional benefit of comparing car insurance online is that you can obtain cheap rate quotes and still have an agent to talk to. Putting coverage with local insurance agencies is still important in Taylor Mill.

For easy comparison, once you complete this quick form, your coverage information is transmitted to local insurance agents in Taylor Mill who will give you bids for your coverage. You don’t have to contact any insurance agencies because quoted prices will be sent straight to your inbox. If you have a need to get a rate quote from a specific insurance company, feel free to find their quoting web page and submit a quote form there.

Independent or Captive: It’s your choice

If you are wanting to purchase car insurance from a local Taylor Mill insurance agency, it’s helpful to know the types of insurance agents and how they are slightly different. Car insurance agents in Taylor Mill can either be captive or independent agents depending on their company appointments. Either one can provide car insurance policies, but it’s important to know the difference between them since it may influence buying decisions.

Independent Agents

Agents that elect to be independent do not sell for just one brand and that enables them to quote your coverage through lots of different companies and find the cheapest car insurance rates. If your premiums go up, they can switch companies in-house and the insured can keep the same agent.

When shopping rates, you absolutely need to include multiple independent agents in order to compare the most rates. Most have the option of insuring with smaller companies which can save you money.

Captive Car Insurance Agencies

Captive insurance agents are contracted to one company such as Farmers Insurance, State Farm, Allstate, and AAA. They are unable to provide prices from multiple companies so if the price isn’t competitive there isn’t much they can do. Captive agents are well trained on their company’s products which helps them sell on service rather than price. Some consumers prefer to buy insurance from these agents mostly because of the brand legacy rather than low price.

The following are captive agents in Taylor Mill that can give you price quotes.

  • State Farm Insurance – 5249 Taylor Mill Rd – Taylor Mill, KY 41015 – (859) 491-0438

To contact agents in your neighborhood, please link to this list of Taylor Mill car insurance agents.

Finding a good auto insurance agent is decision based upon more than just a cheap price quote. The answers to these questions are important, too.

  • Do clients work directly with the agent or are most inquiries handled by a CSR?
  • If your car is totalled, how to they determine the replacement cost?
  • How much will you save each year by using a higher deductible?
  • Are there any extra charges for paying monthly?
  • What insurance companies do they recommend if they are an independent agent?
  • Does the company have a solid financial rating?
  • Are they paid to recommend certain coverages?

More information is available on the Kentucky Department of Insurance website. Click here for link. Consumers can file complaints about a company, get help finding coverage, read state legal mandates and laws, and discover disciplinary actions.

Other informative sites include Auto Insurance 101 and CarInsuranceDIY.com.

Find cheaper rates by being thorough

Consumers who switch companies do it for many reasons like being labeled a high risk driver, denial of a claim, questionable increases in premium and even high prices. It doesn’t matter why you want to switch choosing a new insurance company is easier than you think.

Affordable car insurance can be bought from both online companies and also from your neighborhood Taylor Mill agents, so get from both of them in order to have the best price selection to choose from. Some car insurance companies don’t offer the ability to get a quote online and most of the time these regional carriers sell through independent agents.

We just presented a lot of ways to save on car insurance. The key thing to remember is the more price quotes you have, the better likelihood of getting . You may even discover the best prices are with a company that doesn’t do a lot of advertising.