8 Ways to Cut Your Car Insurance Rates in Derby, KS

Nobody I know looks forward to paying for car insurance, especially when their premiums are through the roof.

Because there are so many choices, it’s nearly impossible to pick the lowest price company.

How to Compare Car Insurance Quotes in Derby, KS

There are several ways of comparing price quotes from different in Derby, KSinsurance companies. The fastest way to find the cheapest insurance rates is to use the internet to compare rates. This can be done using a couple different methods.

  1. One of the simplest ways to find low rates is a comparison rater form like this one (opens in new window). This method saves time by eliminating boring form submissions for each company. One form submission will get you rate comparisons from many national carriers.
  2. A slightly less efficient method to analyze rates requires visiting the website of each company to request a price quote. For example, we’ll assume you want to compare rates from Liberty Mutual, Safeco and GMAC. To get each rate you have to spend time on each company’s site and enter your information, which is why the first method is quicker. For a list of links to insurance companies in Derby, click here.

However you get your quotes, compare exactly the same coverage limits with each company. If you enter unequal deductibles or liability limits it’s impossible to determine which rate is truly the best in Derby. Having just a slight variation in coverage limits could mean much higher rates. Just remember that comparing a large number of companies will increase your chances of finding the best rates.

Don’t believe everything you hear

Car insurance providers like GEICO, State Farm and Progressive regularly use ads on TV and radio. They all say the same thing that you’ll save big if you move your coverage to them. But how can every company make almost identical claims? This is how they do it.

All the different companies can use profiling for the right customer that earns them a profit. For example, a driver they prefer might be profiled as between the ages of 40 and 55, has no prior claims, and has a short commute. A driver who fits that profile gets the lowest rates and is almost guaranteed to pay quite a bit less when switching companies.car insurance image

Potential insureds who don’t qualify for this ideal profile will be charged more money and this can result in business not being written. The ads say “people who switch” not “everybody who quotes” save money. That’s why insurance companies can advertise the way they do.

That is why you need to get as many comparisons as possible. It’s not possible to predict which company will fit your personal profile best.

Do you qualify for discounts?

The price of auto insurance can be rather high, but discounts can save money and there are some available to help offset the cost. Some trigger automatically when you complete an application, but some must be manually applied before you will receive the discount.

  • Federal Employees – Simply working for the federal government can save as much as 8% depending on your company.
  • Early Switch Discount – Some insurance companies reward drivers for switching policies before your current expiration date. It’s a savings of about 10%.
  • Multi-policy Discount – If you have multiple policies with the same insurance company you may save 10% to 20% off each policy.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
  • Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you could save up to 5%.
  • New Vehicle Savings – Adding a new car to your policy is cheaper compared to insuring an older model.
  • One Accident Forgiven – A handful of insurance companies will forgive one accident without raising rates if you are claim-free for a set time period.
  • Drive Less and Save – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.

Consumers should know that most of the big mark downs will not be given to all coverage premiums. Most only apply to specific coverage prices like medical payments or collision. So even though they make it sound like you can get free auto insurance, companies don’t profit that way. Any amount of discount will help reduce your premiums.

For a list of companies who offer car insurance discounts in Kansas, click this link.

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Much more information about car insurance in Kansas is located on the website for the Kansas Insurance Department located here. Kansas consumers can download brochures, read industry bulletins, find out industry alerts, and read consumer alerts.

More comparisons equals lower rates

As you shop your coverage around, do not skimp on coverage in order to save money. There are too many instances where consumers will sacrifice uninsured motorist or liability limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at an affordable rate while not skimping on critical coverages.

You just read a lot of tips how to compare car insurance prices online. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding lower rates. Drivers may discover the most savings is with a smaller regional carrier. They often have lower prices on specific markets than the large multi-state companies such as Progressive and GEICO.