Bardstown Auto Insurance For Less Than You’re Paying Now

Feel like you’re a prisoner to high-priced auto insurance? Trust us, you are not the only one feeling buyer’s remorse.

You have so many insurance companies to choose from, and although it’s nice to be able to choose, having more insurers makes it harder to find the lowest cost provider.

It’s a good habit to shop coverage around before your policy renews because insurance rates trend upward over time. Just because you had the best price on your last policy you will most likely find a better rate today. So block out anything you think you know about auto insurance because I’m going to teach you the fastest way to find better rates and still maintain coverage.

Save Money with These Tips

Consumers need to have an understanding of the rating factors that help determine auto insurance rates. Having a good understanding of what impacts premium levels allows you to make educated decisions that may reward you with big savings.

• Higher deductibles cost less – Deductibles for physical damage define the amount you are required to spend out-of-pocket in the event of a claim. Physical damage coverage, also known as collision and other-than-collision, insures against damage to your car. Some examples of claims that would be covered are running into the backend of another car, vandalism, and windstorm damage. The more money the insured has to pay upfront, the lower your rates will be.
• Tickets mean higher rates – Your driving record has a huge affect on how much you pay. Careful drivers have lower premiums compared to drivers with tickets. Only having one speeding ticket can boost insurance rates forty percent or more. Drivers who get flagrant violations like reckless driving, hit and run or driving under the influence may be required to file a SR-22 with their state motor vehicle department in order to keep their license.
• Pleasure use saves money – Driving more miles in a year the higher your rates will be. Most companies apply a rate based upon how you use the vehicle. Cars and trucks left parked in the garage receive lower rates compared to those used for work or business. Make sure your auto insurance coverage properly reflects the proper vehicle usage, because improper ratings can cost you money.
• Consolidate policies to earn discounts – Some companies provide better rates to insureds who carry more than one policy, otherwise known as a multi-policy discount. Even with this discount, you still need to shop around to ensure the best deal.

Finding Auto Insurance Deals in Bardstown

To find the best auto insurance prices, there are several ways to get quotes and find the best price. The recommended way to find the lowest rates is simply to get online rate quotes. This can be accomplished in several different ways.

1. One of the simplest ways to get quotes is a comparison rater form (click to open form in new window). This form saves time by eliminating separate quotes for each company you want a rate for. A single, simple form compares rates direct from many companies.
2. A less efficient way to shop for auto insurance online is to take the time to go to each individual company website to complete a price quote. For instance, let’s say you want comparison quotes from Farmers, Esurance and State Farm. To find out each rate you need to spend time on each company’s site and enter your policy data, which is why the first method is more popular. To view a list of companies in Bardstown, click here.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples coverage limits and deductibles on every quote you get. If you are comparing unequal deductibles or liability limits you will not be able to find the best deal in Bardstown. Slightly different insurance coverages may result in large price differences. And when comparison shopping, obtaining a wide range of quotes gives you a better chance of getting better pricing.<img class="alignright" style="padding-top:15px" src="https://www.findnewcarinsurance.com/wp-content/uploads/ci175-42.jpg" alt="Bardstown Kentucky insurance quotes” />

Save $424 a year? Really?

Companies like Progressive, GEICO, Allstate and State Farm regularly use television and radio advertisements. All the ads have a common claim of big savings if you move to them. How can each company say the same thing?

All the different companies have a certain “appetite” for the right customer that is profitable for them. For instance, a driver they prefer could be over the age of 50, a clean driving record, and chooses high deductibles. A driver that hits that “sweet spot” receives the best rates and most likely will pay quite a bit less when switching companies.

Potential customers who don’t measure up to the requirements will have to pay higher premiums which leads to business not being written. Company advertisements say “customers who switch” not “people who quote” save money. This is how companies can truthfully advertise the savings.

Because of the profiling, drivers must get a wide range of price quotes. It is impossible to predict which company will have the lowest rates.

Discounts are available to cut your rates

Car insurance is not cheap, buy you may qualify for discounts that you may not know about. Most are applied at the time of quoting, but lesser-known reductions have to be specially asked for before you will receive the discount.

• New Car Discount – Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
• E-sign – A few companies give back up to $50 just for signing your application digitally online.
• Anti-lock Brakes – Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
• Save over 55 – If you’re over the age of 55, you may qualify for reduced rates.
• Military Rewards – Having a deployed family member may qualify for rate reductions.

Drivers should understand that most discount credits are not given to all coverage premiums. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, auto insurance companies aren’t that generous. But all discounts will reduce your overall premium however.

For a list of companies offering auto insurance discounts in Bardstown, click here.

More information is available on the website for the Kentucky Department of Insurance. Click here for link. Visitors are able to discover disciplinary actions, download brochures, read state legal mandates and laws, and find disaster information.

Final considerations

When buying insurance coverage, don’t be tempted to reduce needed coverages to save money. There have been many cases where someone sacrificed liability limits or collision coverage and discovered at claim time that they should have had better coverage. Your focus should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

You just read quite a bit of information on how to shop for auto insurance online. The key concept to understand is the more rate comparisons you have, the better your comparison will be. You may even find the biggest savings come from a small mutual company. Smaller companies may only write in your state and offer lower rates than their larger competitors like Allstate or State Farm.