Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us when we tell you there are many Nicholasville consumers feeling the pinch from expensive auto insurance. Insurance companies such as Allstate and Progressive all promote huge savings with TV and radio ads and it is difficult to sift through the bull and take the time to shop coverage around.
Companies offering auto insurance do not advertise every discount very well, so we researched both well-publicized and the more hidden ways to save on auto insurance. If you don’t get every credit possible, you’re paying more than you need to.
As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, it doesn’t quite work that way.
To see a list of insurance companies with the best auto insurance discounts in Kentucky, click here.
There are multiple methods to compare auto insurance prices but there is one way that is less time-consuming than others. You can waste a lot of time driving to local insurance agents in Nicholasville, or you can utilize online quotes to quickly compare rates.
All the larger companies participate in an industry program that allows shoppers to submit one quote, and at least one company then returns a price quote determined by their information. This saves time by eliminating form submissions to each company.
To find out what other companies charge click to open in new window.
The only drawback to using this type of form is that consumers can’t choose which providers to receive prices from. If you prefer to choose from a list of companies to receive pricing from, we have a listing of the cheapest auto insurance companies in Kentucky. Click here to view list.
Whichever way you use, be sure to compare identical coverage limits with every price quote. If you use different values for each quote it’s impossible to determine which rate is truly the best in Nicholasville.
Consumers need to have an understanding of the factors that come into play when calculating your auto insurance rates. Knowing what impacts premium levels enables informed choices that could result in much lower annual insurance costs.
The list below includes some of the items auto insurance companies consider when setting premiums.
When buying adequate coverage, there is no single plan that fits everyone. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions might point out if your situation may require specific advice.
If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.
As you restructure your insurance plan, do not buy less coverage just to save a little money. In many instances, an insured dropped liability limits or collision coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to get the best coverage possible at a price you can afford while still protecting your assets.
We just presented a lot of information how to compare auto insurance prices online. The most important thing to understand is the more times you quote, the more likely it is that you will get a better rate. Consumers could even find that the most savings is with a smaller regional carrier. These smaller insurers often have lower prices on specific markets than the large multi-state companies such as State Farm or Progressive.
Additional detailed information is available at the Kentucky Department of Insurance website. Kentucky drivers can read state legal mandates and laws, learn about specific coverages, and report car insurance fraud.