Car Insurance in Corbin - 7 Discounts You Might be Losing Out On

Are you sick and tired of being strong-armed each month for car insurance? You are no different than millions of other consumers. Lots of contend for your business, so it's not easy to compare every to find the absolute lowest rate

It's important to check car insurance prices once or twice a year since rates are constantly changing. Even if you got the best deal last year a different company probably has better rates today. Starting right now, forget all the misinformation about car insurance because we're going to show you the only way to save money, get proper coverage and the best rates.

Are you getting all your discounts?

The cost of insuring your cars can be expensive, but there are discounts available that many people don't even know exist. Larger premium reductions will be automatically applied when you purchase, but lesser-known reductions have to be asked for before being credited. If they aren't giving you every credit available, you are throwing money away.

55 and Retired - If you qualify as a senior citizen, you may qualify for reduced rates.
Military Rewards - Being on active duty in the military could mean lower rates.
Anti-theft Discount - Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
Defensive Driver - Completing a driver safety course could save 5% or more if you qualify.
Anti-lock Brake System - Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
Good Students Pay Less - Performing well in school can get you a discount of up to 25%. The discount lasts until age 25.
Clubs and Organizations - Belonging to certain professional organizations is a good way to get lower rates on car insurance.

A little note about advertised discounts, most discount credits are not given to the entire cost. Most only apply to the cost of specific coverages such as liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will cut the cost of coverage.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Consumers get pounded daily by advertisements for the lowest price auto insurance by companies like Progressive, GEICO, Allstate and State Farm. They all seem to make an identical promise about savings if you switch to them.

How do they all make the same claim?

All companies can use profiling for the type of driver that earns them a profit. An example of a desirable insured could be a mature driver, has no tickets, and has great credit. Any new insured who meets those qualifications is entitled to the best price and as a result will probably cut their rates substantially.

Consumers who are not a match for the "perfect" profile will have to pay higher prices and ends up with business going elsewhere. Company advertisements say "people who switch" not "everybody who quotes" save money. That's why companies can truthfully advertise the savings.

Because of the profiling, drivers should get quotes from several different companies. It's just too difficult to predict the company that will give you the biggest savings.

More Kentucky car insurance information

Additional information is available on the website for the Kentucky Department of Insurance through this link. Consumers can learn about insurance regulations, view a list of available companies, read consumer alerts, and discover disciplinary actions.

A tidy conclusion

As you prepare to switch companies, you should never skimp on coverage in order to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your aim should be to buy enough coverage at an affordable rate.

Cheaper car insurance can be found from both online companies and with local Corbin insurance agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who do not offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.