Edgewood Car Insurance For Less Than You're Paying Now

Comparison shopping for Edgewood car insurance is hard for consumers not familiar with comparison shopping online. People have so many choices that it can turn into more work than you anticipated to find lower rates in Edgewood.

It's important to do rate comparisons once or twice a year due to the fact that insurance rates are constantly changing. Even if you got the best price a year ago you can probably find a better price now. Forget all the misinformation about car insurance because we're going to demonstrate the only way to properly buy coverages while reducing your premium.

Finding affordable coverage in Edgewood is easy if you know what you're doing. If you currently have car insurance, you should be able to lower your premiums substantially using this information. Kentucky vehicle owners just need to know how to compare rates online.

Why some people pay less for insurance in Edgewood

Consumers need to have an understanding of the rating factors that go into determining the rates you pay for car insurance. Knowing what controls the rates you pay allows you to make educated decisions that can help you get better car insurance rates.

Listed below are a few of the "ingredients" companies use to determine your rates.

How many coverages with the same company - Most car insurance companies give discounts to insureds who have multiple policies with them in the form of a multi-policy discount. Even though this discount sounds good, it's still a good idea to comparison shop to make sure you are getting the best deal. You may still be able to find better rates by buying insurance from more than one company.
Equipment add-ons that lower car insurance rates - Driving a car with a theft deterrent system can get you a discount on your car insurance. Anti-theft features such as GM's OnStar, tamper alarm systems and vehicle immobilizers all hinder your vehicle from being stolen.
Being married can save on car insurance - Having a spouse can actually save you money on your car insurance policy. Marriage is viewed as being more mature than a single person and statistics show drivers who are married are more cautious.
Your credit rating is important - Your credit score is a big factor in your rate calculation. If your credit score is lower than you'd like, you could save money insuring your by spending a little time repairing your credit. Drivers with good credit tend to file fewer claims and have better driving records as compared to drivers with poor credit.
Please use or commuting - The more miles you rack up on your car every year the higher your rates will be. Most companies charge to insure your cars based on how the vehicle is used. Autos that are left in the garage qualify for better rates compared to those used for work or business. Verify your car insurance policy shows how each vehicle is driven.
Low deductibles can be expensive - Coverage for physical damage, termed comprehensive and collision coverage on your policy, protects your car from damage. Examples of covered claims would be collision with another vehicle, collision with an animal, or theft. Physical damage deductibles are the amount of money you are willing to pay if you file a covered claim. The higher the amount you're willing to pay, the less your company will charge you for insurance.
Your job and insurance rates - Did you know your occupation can influence how much you pay for car insurance? Occupations like lawyers, executives and financial analysts tend to pay higher average rates due to stressful work requirements and long work hours. Conversely, occupations like farmers, engineers and homemakers have the lowest average rates.

Policy discounts you shouldn't miss

Auto insurance companies don't always publicize every available discount very clearly, so we took the time to find both the well known and also the lesser-known ways to save on car insurance. If you're not getting every credit available, you are paying more than you should be.

Anti-theft System - Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
Military Rewards - Having a family member in the military could mean lower rates.
E-sign - Some insurance companies may give you up to $50 for buying a policy and signing up over the internet.
Braking Control Discount - Vehicles equipped with ABS or steering control are safer to drive and will save you 10% or more.
Auto/Life Discount - Select insurance companies reward you with a discount if you purchase life insurance from them.
Payment Discounts - If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
One Accident Forgiven - Certain companies allow you one accident before hitting you with a surcharge if you are claim-free for a certain period of time.
Accident Free - Claim-free drivers can save substantially compared to accident-prone drivers.
Multi-car Discount - Buying insurance for more than one vehicle with the same company can get a discount on all vehicles.

Consumers should know that many deductions do not apply to the entire cost. Most only apply to specific coverage prices like comprehensive or collision. Just because you may think you would end up receiving a 100% discount, companies don't profit that way.

To choose providers offering car insurance discounts in Kentucky, click this link.

Save $429 a year? Really?

Consumers in Kentucky can't ignore all the ads for the lowest price auto insurance by companies like Allstate and Progressive. All the ads make the same claim that you'll save big if you switch to them.

How does each company claim to save you money? It's all in the numbers.

Different companies can use profiling for the type of driver that makes them money. For example, a preferred risk might be over the age of 40, has no tickets, and has excellent credit. Any driver who matches those parameters is entitled to the best price and is almost guaranteed to save when switching.

Potential customers who don't qualify for these standards will be charged a more expensive rate which leads to the customer not buying. The ads state "customers who switch" but not "drivers who get quotes" save money. That's why companies can make those claims. That is why you should quote coverage with many companies. You cannot predict the company that will have the lowest rates.

More detailed Kentucky car insurance information can be found at the Kentucky Department of Insurance website. Visitors are able to read consumer alerts, view a list of available companies, and get help finding coverage.

Best coverage at the best price

While you're price shopping online, never buy poor coverage just to save money. Too many times, an insured dropped physical damage coverage only to discover later they didn't purchase enough coverage. The aim is to buy a smart amount of coverage at the best price, not the least amount of coverage.

Insureds switch companies for a variety of reasons including policy non-renewal, unfair underwriting practices, policy cancellation or even an unsatisfactory settlement offer. No matter why you want to switch, finding a new car insurance company is easier than you think.

Discount car insurance can be found both online and with local Edgewood insurance agents, and you need to comparison shop both to have the best rate selection. Some companies do not offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.