10 Tricks Guaranteed to Slash the Cost of Car Insurance Costs in Lexington

No one in their right mind looks forward to paying for car insurance, particularly when they are paying too much.

Insurance companies such as State Farm, Allstate, GEICO and Progressive continually hit you with TV and radio ads and it can be hard to sift through the bull and find the best price available.

It's important to shop coverage around occasionally since rates are constantly changing. If you had the lowest price two years ago you can probably find a lower rate today. There is a lot of bad advice regarding car insurance on the internet, so I'm going to show you some great ways to find affordable car insurance.

Finding Car Insurance in Lexington, MO

Shopping for lower car insurance rates can be challenging if you aren't aware of the easiest way. You can spend countless hours discussing policy coverages with insurance agencies in Lexington, or you could save time and use the web to get rates in a matter of minutes.

The majority of car insurance companies are enrolled in a marketplace that allows shoppers to enter their coverage request one time, and each participating company then gives them pricing based on that data. This system prevents you from having to do quotation requests to each individual car insurance company.

To submit your quote information now, click to open in new window.

The single downside to doing it this way is buyers cannot specifically choose the providers you want pricing from. If you would rather choose individual companies to request quotes from, we have assembled a list of car insurance companies in Missouri. View list of Missouri insurance companies.

It doesn't matter which method you choose, just make absolute certain that you use exactly the same coverages for each price quote. If you have different limits and deductibles on each one it's impossible to truly determine the lowest rate in Lexington. Having just a slight variation in limits may result in large price differences. And when quoting car insurance, remember that comparing more company's prices will increase your chances of finding lower pricing.

Be sure to get all your discounts

Car insurance companies don't always advertise all their discounts in a way that's easy to find, so we researched both the well known as well as the least known ways to save on car insurance.

  • Accident Forgiveness - A handful of insurance companies will forgive one accident before raising your premiums as long as you don't have any claims for a certain period of time.
  • Bundle and Save - When you combine your home and auto insurance with one company you may earn 10% to 20% off each policy.
  • Claim Free - Good drivers with no accidents pay much less as compared to bad drivers.
  • Pay Upfront and Save - If paying your policy premium upfront instead of paying each month you could save up to 5%.
  • Auto/Life Discount - Some companies give better rates if you take out life insurance from them.
  • Drive Less and Save - Keeping the miles down could be rewarded with better rates on cars that stay parked.
  • Homeowners Savings - Owning a house in Lexington may earn you a small savings because of the fact that having a home shows financial diligence.
  • Federal Employees - Being employed by or retired from a federal job can earn a discount up to 10% with select insurance companies.
  • Anti-theft System - Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • Passive Restraint Discount - Factory air bags or motorized seat belts can qualify for discounts up to 30%.

It's important to note that many deductions do not apply to your bottom line cost. Some only reduce individual premiums such as liability, collision or medical payments. So even though they make it sound like you could get a free car insurance policy, you're out of luck.

To see a list of companies with the best car insurance discounts in Lexington, click this link.

How do I know if I need professional advice?

When choosing the best car insurance coverage for your vehicles, there really is not a "best" method to buy coverage. Everyone's situation is a little different so this has to be addressed. For example, these questions might point out whether or not you will benefit from professional help.

  • Does my policy cover me when driving someone else's vehicle?
  • Am I covered when driving in Canada or Mexico?
  • What companies insure drivers after a DUI or DWI?
  • Are my tools covered if they get stolen from my vehicle?
  • What happens if I owe more than my vehicle is worth?
  • Is my vehicle covered for flood damage?
  • Does my policy cover my teen driver if they drive my company car?

If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you don't have a local agent, complete this form or you can go here for a list of companies in your area.

Additional detailed information is located at the Missouri Department of Insurance website. Visitors are able to learn about insurance regulations, read consumer alerts, read industry bulletins, and view a list of available companies.