Is Your Newport Kentucky Auto Insurance Leaving a Hole in Your Pocket?

Are you overwhelmed by the dozens of auto insurance options in Newport? You’re not alone. You have so many choices that it can easily become a lot of work to compare prices.

You should take the time to compare rates on a regular basis since insurance rates change frequently. Just because you found the lowest price a year ago you can probably find a better price now. There is a lot of bad advice regarding auto insurance on the internet, so with this article, you’re going to get some great ideas on how to slash your auto insurance rates.

If you have a policy now or are looking for a new policy, you will benefit by learning to find better prices while maximizing coverage. This information will teach you how to get online quotes. Kentucky consumers just need to understand the most effective way to get comparison quotes on the web.

Do you qualify for discounts?

Insuring your vehicles can cost a lot, buy you may qualify for discounts to help bring down the price. Certain discounts will be applied at the time of quoting, but some must be asked for before you get the savings. If you’re not getting every credit available, you’re just leaving money on the table.

  • Sign Early and Save – Some companies give discounts for switching policies before your current expiration date. It can save you around 10%.
  • Clubs and Organizations – Belonging to certain professional organizations could trigger savings on auto insurance.
  • Defensive Driving Course – Taking a defensive driving course can save you 5% or more if you qualify.
  • Military Discounts – Being on active duty in the military may qualify for rate reductions.
  • Government Employees – Employees or retirees of the government could cut as much as 10% off with select insurance companies.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
  • Accident Waiver – Certain companies allow you one accident before raising your premiums if your claims history is clear prior to the accident.
  • Student in College – Children who live away from home and don’t have a car can be insured at a reduced rate.
  • Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less than less cautious drivers.

Consumers should know that most discounts do not apply to the entire cost. Some only apply to individual premiums such as medical payments or collision. So when it seems like you could get a free auto insurance policy, auto insurance companies aren’t that generous. Any amount of discount will reduce the amount you have to pay.

To see a list of insurers who offer auto insurance discounts in Newport, click here to view.

When might I need the advice of an agent?

When buying the best auto insurance coverage, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight if your insurance needs would benefit from professional advice.

  • Do I need to file an SR-22 for a DUI in Kentucky?
  • Do I benefit by insuring my home with the same company?
  • Can I afford to pay high deductible claims out of pocket?
  • Are my friends covered when driving my vehicle?
  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered by my spouse’s policy after a separation?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. To find an agent in your area, complete this form. It’s fast, free and may give you better protection.

Neighborhood insurance agents

Some consumers would prefer to talk to a local agent and that is just fine! Educated insurance agents can point out coverage gaps and give you peace of mind. The biggest benefit of comparing rates online is you may find better rates and still choose a local agent. And supporting local agencies is important particularly in Newport.

To help locate an agent, after submitting this simple form, the coverage information is submitted to companies in Newport who will compete to get your business. You won’t need to visit any agencies as quotes are delivered to your email. How cool is that?!

Best insurance agent in Newport

If you’re trying to find an insurance agent, you must know there are a couple types of insurance agents from which to choose. Agencies in Newport are either captive or independent. Both do a good job, but it’s good to learn how they differ since it can impact the selection process.

Independent Insurance Agents

Independent agents are not locked into one company but rather can write business with lots of companies and potentially find a lower price. If you are not satisfied with one company, your agent can switch companies and you don’t have to find a new agent. When shopping rates, you should always include price quotes from multiple independent agents to ensure the widest selection of prices. Many write coverage with different regional companies which can save you money.

Captive Insurance Agents

Captive agencies work for only one company like AAA, Allstate, State Farm, Farmers Insurance or Liberty Mutual. They generally cannot provide prices from multiple companies so always compare other rates. Captive agencies receive extensive training on the products they sell and that can be a competitive advantage. Consumers often buy insurance from these agents partially due to high brand loyalty and the convenience of having a single billing for all their coverages.

The following are captive insurance agents in Newport that can give you comparison quotes.

  • Allstate Insurance – 2021 Alexandria Pike # A – Newport, KY 41076 – (859) 441-9652

For a full directory of captive insurance agencies in Newport, simply jump to this page.

Picking an insurance agency needs to be determined by more than just a cheap price. Some important questions to ask are:

  • If you have an accident, will your rates go up?
  • Are claim adjusters local or do you have to take your car somewhere else?
  • Does the agency provide any after hours assistance?
  • Are they full-time agents?
  • Can they give you a list of client referrals?
  • Does the agent have professional designations like CIC, CPCU or AIC?

After getting positive responses for all questions you ask and a good coverage price, you have narrowed it down to an insurance agent that is a good match to properly insure your vehicles.

To find out more about Kentucky auto insurance

Much more information about auto insurance in Kentucky is available on the Kentucky Department of Insurance website through this link. Kentucky drivers can find out industry alerts, get help finding coverage, download brochures, and read enforcement actions against agents and companies.

The articles below may also help you learn more about auto insurance in Newport

Final thoughts

As you shop your coverage around, it’s very important that you do not buy less coverage just to save a little money. There are too many instances where an insured cut full coverage only to discover later that it was a big mistake. The proper strategy is to find the BEST coverage at a price you can afford.

Cost effective auto insurance is available online as well as from independent agents in Newport, so you should compare both so you have a total pricing picture. Some insurance companies don’t offer online price quotes and these regional insurance providers work with independent agents.

You just learned a lot of ways to lower your auto insurance rates. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. Drivers may discover the most savings is with some of the lesser-known companies.