Discover How to Find the Lowest Price on Shively Car Insurance

Confused by the crazy number of car insurance company choices in Shively? You’re not alone. You have so many companies to choose from that it can turn into a lot of work to find the best price.

It is always a good idea to do rate comparisons yearly due to the fact that insurance rates change frequently. Even if you got the best deal a few years ago there may be better deals available now. There is a lot of bad information regarding car insurance on the internet, so with this article, you’re going to get some solid techniques on how to buy car insurance cheaper.

Don’t overlook these discounts

Companies offering auto insurance don’t list every available discount in a way that’s easy to find, so we researched some of the more common as well as the least known savings tricks you should be using.

  • Accident Waiver – Certain companies permit an accident before hitting you with a surcharge if you are claim-free for a set time period.
  • New Car Discount – Buying coverage on a new vehicle can save up to 30% due to better safety requirements for new cars.
  • Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
  • Passive Restraint Discount – Factory air bags or motorized seat belts can get savings of 20% or more.
  • Early Signing – Select companies give a discount for switching to them before your current expiration date. This can save 10% or more.
  • Life Insurance – Larger companies have lower rates if you buy auto and life insurance together.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Good Student Discount – This discount can earn a discount of 20% or more. This discount can apply until age 25.

As a disclaimer on discounts, most discount credits are not given to all coverage premiums. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, it just doesn’t work that way.

To see a list of companies offering car insurance discounts in Kentucky, click here.

Educated Consumers Know How to Buy Car Insurance Cheaper

Smart consumers have a good feel for some of the elements that play a part in calculating car insurance rates. Understanding what impacts premium levels enables informed choices that could result in big savings.

Shown below are some of the factors car insurance companies consider when setting premiums.

  • Don’t sacrifice liability coverage – The liability section of your policy is the protection if ever you are found liable for damages caused by your negligence. It provides legal defense coverage up to the limits shown on your policy. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not cut corners here.
  • Mature drivers pay less – Teenage drivers in Kentucky are known to be careless and easily distracted when driving so they pay higher car insurance rates. Adding a young driver to your policy can be very expensive. More mature drivers are more cautious drivers, statistically cause fewer accidents and are safer drivers.
  • Sex matters – The statistics show women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. Both sexes are in accidents in similar percentages, but the males have costlier accidents. They also get cited for more serious violations such as DWI and reckless driving. Teenage male drivers are most likely to cause an accident and thus pay the highest rates.
  • How credit affects car insurance rates – Credit score is a big factor in determining what you pay for car insurance. People with high credit scores tend to be more responsible than those with lower credit scores. If your credit is low, you could pay less to insure your by improving your rating.
  • You might want pay the small claims yourself – If you file claims often, you can pretty much guarantee either policy cancellation or increased premiums. Insurance companies in Kentucky provide cheaper rates to insureds who are claim-free. Your insurance policy is intended for the large, substantial claims.
  • Consolidate policies to earn discounts – Some insurance companies provide better rates to policyholders who have multiple policies with them in the form of a multi-policy discount. If you currently are using one company, you still need to compare rates to verify if the discount is saving money.
  • Your car insurance rates can be influenced by your job – Occupations such as real estate brokers, business owners and accountants tend to pay higher rates than average due to high stress and long work days. On the flip side, occupations like scientists, athletes and retirees have the lowest average rates.
  • Don’t cancel a policy without a new one in place – Letting your insurance expire is a guaranteed way to bump up your car insurance costs. And not only will insurance be more expensive, getting caught without coverage might get you a license revocation or jail time.

Neighborhood insurance agents

A small number of people prefer to sit down with an agent and that is just fine! The biggest benefit of comparing rates online is you may find the best rates but also keep your business local.

Upon completion of this quick form, your coverage information is immediately sent to insurance agents in Shively who will battle for your insurance coverage. You don’t have to leave your computer due to the fact that quote results will go immediately to your email address. It doesn’t get any easier! Get lower rates AND an agent nearby.

Selecting an insurance company shouldn’t rely on just a cheap price. Ask your prospective agent these questions:save money in Shively KY

  • How are claims handled?
  • How much will you save each year by using a higher deductible?
  • Do they specialize in personal lines coverage?
  • Do they carry Errors and Omissions coverage?
  • If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
  • If your car is in the repair shop, do you have coverage for a rental car?

Different types of Shively insurance agencies

If you’re trying to find an insurance agent, there are two types of agencies to choose from. Agencies in Shively are categorized either independent (non-captive) or captive.

Captive Insurance Agents

Captive insurance agents can only place business with one company and examples are Liberty Mutual, Allstate, Farmers Insurance or State Farm. They usually cannot provide prices from multiple companies so always compare other rates. Captives are well schooled on their company’s products which helps them sell insurance even at higher premiums. Some people will only buy from captive agents mostly because of high brand loyalty and the convenience of having a single billing for all their coverages.

Below are Shively captive insurance agencies that can give you price quotes.

  • Farm Bureau Insurance – 3216 Crums Ln – Shively, KY 40216 – (502) 447-0487
  • State Farm Insurance – 1906 Crums Ln – Shively, KY 40216 – (502) 448-5436
  • Allstate Insurance – 5131 Dixie Hwy # B – Shively, KY 40216 – (502) 448-4840
Independent Agents

Independent insurance agents are not employed by any specific company so they have the ability to put coverage with many different companies and possibly get better coverage at lower prices. To move your coverage to a new company, they simply move the coverage in-house and you don’t have to find a new agent. When comparing rates, it’s recommended you include price quotes from several independent insurance agents for the best price selection.Most can insure with smaller regional carriers who may have lower rates.

Listed below are Shively independent insurance agents willing to provide comparison quotes.

  • Reeves Insurance – 3616 Dixie Hwy – Shively, KY 40216 – (502) 448-6226
  • American National Insurance Co – 3961 Park Dr – Shively, KY 40216 – (502) 449-0401

To view a full list of Shively insurance agents, visit this site.

Upon getting positive feedback to your questions as well as a affordable price, you may have just found an insurance agency that is a good match to adequately provide car insurance.

Do car insurance companies bend the truth?

Car insurance providers like Allstate and Progressive continually stream ads on TV and radio. They all say the same thing of big savings after switching to them. How do they all say the same thing?

Different companies have a certain “appetite” for the driver that is profitable for them. A good example of a driver they prefer might be between 30 and 50, has no driving citations, and has a high credit rating. Any new insured who meets those qualifications gets the lowest rates and therefore will save when switching.

Potential insureds who don’t qualify for the “perfect” profile must pay a more expensive rate which usually ends up with business not being written. The ads state “people who switch” not “people who quote” save that much. That’s why companies can truthfully claim big savings. This illustrates why you need to get as many quotes as possible. Because you never know which insurance companies will fit your personal profile best.

save money in Shively KY

Find out more about car insurance

More detailed Kentucky car insurance information is available at the Kentucky Department of Insurance website. Kentucky drivers can read state legal mandates and laws, view a list of available companies, view agent and company licensing information, and file complaints about an insurance agent or broker.

Also read more on these car insurance answers and this link where you can make Shively car insurance comparisons.

Final thoughts

As you go through the steps to switch your coverage, you should never sacrifice coverage to reduce premiums. In too many instances, an accident victim reduced physical damage coverage only to regret they didn’t purchase enough coverage. The proper strategy is to buy a smart amount of coverage at the best price while not skimping on critical coverages.

Consumers change insurance companies for a variety of reasons including delays in paying claims, being labeled a high risk driver, extreme rates for teen drivers and even not issuing a premium refund. It doesn’t matter what your reason, finding a great new company can be pretty painless.

We covered many ways to shop for car insurance online. It’s most important to understand that the more you quote, the higher your chance of finding lower rates. Drivers may discover the best prices are with a smaller regional carrier.