Car Insurance in Glasgow – 9 Ways to Save Money

Finding lower premiums on Glasgow car insurance can seem to be challenging for consumers new to shopping for insurance online. Drivers have so many options available that it can be a ton of work to find lower rates in Glasgow.

It’s important to shop coverage around periodically because rates go up and down regularly. Despite the fact that you may have had the lowest rates a few years ago a different company probably has better rates today. There is too much inaccurate information about car insurance on the internet, so I’m going to show you some proven techniques to slash your car insurance rates.

If you currently have a car insurance policy, you should be able to reduce your rates substantially using these techniques. The purpose of this post is to help educate you on how car insurance quotes work and some money-saving tips. Although Kentucky consumers do need to learn how insurance companies price insurance differently because it can help you find the best coverage.

Finding Car Insurance in Glasgow

There are multiple methods you can shop for car insurance but there is one way that is easier and takes less work. You can spend your afternoon talking to insurance agencies in Glasgow, or you could use online quotes for quick rates.

Many of the larger companies enroll in a system where prospective buyers send in one quote, and each participating company then returns a price quote based on the submitted data. This saves time by eliminating quote forms to each individual car insurance company. To compare pricing click here (opens in new window).

The one disadvantage to pricing coverage this way is you don’t know exactly the providers you will receive quotes from. If you would rather choose specific insurance companies to compare rates, we have assembled a list of car insurance companies in Kentucky. Click here to view list.

Whichever way you use, ensure you’re using apples-to-apples coverage limits and deductibles on every quote. If you are comparing different limits and deductibles on each one it’s impossible to make an equal comparison in Glasgow. Slightly different coverages may result in a large different in cost. And when comparison shopping, comparing more company’s prices will improve the odds of getting a lower rate.

Cut your car insurance rates with these nine discounts

Companies don’t necessarily list all available discounts very well, so we took the time to find some of the best known and also the lesser-known savings tricks you should be using.

• Drive Safe and Save – Safe drivers may receive a discount up to 45% less than drivers with accidents.
• Club Memberships – Participating in a professional or civic organization is a good way to get lower rates on your policy.
• Seat Belts Save – Buckling up and requiring all passengers to use their safety belts could cut 10% or more off the personal injury premium cost.
• Paperless Signup – Some insurance companies will give a small break just for signing your application over the internet.
• Sign Early and Save – Some insurance companies reward drivers for signing up before your current policy expires. It can save you around 10%.
• Accident Free – Drivers with accident-free driving histories can earn big discounts when compared to bad drivers.
• Pay Now and Pay Less – If you pay your bill all at once instead of making monthly payments you may reduce your total bill.
• New Vehicle Savings – Adding a new car to your policy can cost up to 25% less since new cars are generally safer.
• Anti-lock Brake System – Anti-lock brake equipped vehicles can avoid accidents and qualify for as much as a 10% discount.

It’s important to understand that most credits do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like medical payments or collision. Just because you may think it’s possible to get free car insurance, car insurance companies aren’t that generous.

To see a list of insurance companies with the best car insurance discounts in Kentucky, click here to view.

Are insurance agents a thing of the past?

Some people would prefer to sit down with an agent and that is a personal choice. One of the best bonuses of price shopping on the web is you can get lower rates and still have an agent to talk to.

For easy comparison, once you complete this form (opens in new window), your insurance data is emailed to agents in your area who will give you bids to get your business. You won’t need to even leave your home due to the fact that quote results will go immediately to your email address. How’s that for easy! Get lower rates AND a local agent.

Deciding on an provider shouldn’t rely on just the price. These questions are important to ask:

• What is the agency’s Better Business Bureau rating?
• Is their price quote a firm figure or are their hidden costs?
• Are there any discounts that you might be missing?
• Does the company allow you to choose your own collision repair facility?
• How long has their agency been open in Glasgow?
• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
• Do they receive special compensation for putting your coverage with one company over another?
• Do they feel the quoted coverages are adequate?

How to choose the best insurance agent in Glasgow

When looking for a good insurance agency, there are a couple of types of insurance agents that you can select. Agents are either captive or independent.

Captive Insurance Agents

These agents are contracted to one company and some examples include AAA, Allstate, State Farm, Farmers Insurance or Liberty Mutual. They usually cannot provide prices from multiple companies so they have no alternatives for high prices. Captive agencies are very knowledgeable on their products and sales techniques which helps them sell insurance even at higher premiums. Consumers often purchase coverage from captives primarily because of loyalty to the company and the convenience of having a single billing for all their coverages.

Listed below are captive agencies in Glasgow willing to provide rate quotes.

• Farm Bureau Insurance – 106 Reynolds Rd – Glasgow, KY 42141 – (270) 678-3500
• Shelter Insurance – 130 S Public Sq – Glasgow, KY 42141 – (270) 651-6169
• State Farm Insurance – 308 S Broadway St – Glasgow, KY 42141 – (270) 651-6025

Independent Agents (or Brokers)

Independent agents are not required to write business for one company but instead can place your coverage with any number of different companies and possibly get better coverage at lower prices. If your agent finds better pricing, the business is moved internally and that require little work on your part.

When comparing rates, we recommend you get quotes from at least one independent agent for maximum quote selection. They often place coverage with lesser-known insurance companies which can be an advantage.

The following are Glasgow independent insurance agencies that are able to give price quotes.

• Larry Jewell Insurance Inc – 103 W Public Sq – Glasgow, KY 42141 – (270) 651-6655
• Hayes Insurance – 112 Cameron Ct – Glasgow, KY 42141 – (270) 651-2220

For a complete listing of car insurance agents in Glasgow, please go to this site.

After getting positive feedback for all questions you ask and an acceptable price quote, you’ve probably found an auto insurance agent that can properly insure your vehicles.

More tips and info about car insurance is located at the Kentucky Department of Insurance website. Consumers can read state legal mandates and laws, learn about specific coverages, and download brochures.

Other related articles:

• Is Your Glasgow, MT Auto Insurance Too High? Start Saving Today

Educate yourself about car insurance coverages

Knowing the specifics of your policy can help you determine the best coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your vehicle.

Since many Kentucky drivers only purchase the least amount of liability that is required (25/50/10), their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Comprehensive protection

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from flooding, hitting a deer and damage from a tornado or hurricane. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision protection

Collision insurance pays for damage to your vehicle from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as backing into a parked car, colliding with a tree, hitting a mailbox and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like X-ray expenses, EMT expenses and doctor visits. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover you and your occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability

Liability insurance provides protection from damage or injury you incur to other people or property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage protects against claims like repair costs for stationary objects, loss of income, bail bonds, repair bills for other people’s vehicles and pain and suffering. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford. Kentucky state minimum liability requirements are 25,000/50,000/10,000 but drivers should carry higher limits.

Quote often and quote early

Budget-conscious car insurance is attainable online and also from your neighborhood Glasgow agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies may not provide online quoting and these smaller companies work with independent agents.

When buying insurance coverage, never buy less coverage just to save a little money. There are too many instances where consumers will sacrifice liability limits or collision coverage only to discover later that the savings was not a smart move. Your strategy should be to buy the best coverage you can find at the best price while not skimping on critical coverages.

Insureds leave their current company for a variety of reasons including not issuing a premium refund, delays in paying claims, poor customer service or even an unsatisfactory settlement offer. Whatever your reason, finding a great new company is not as hard as you think.