Is Your Bardstown, KY Auto Insurance Breaking the Bank?

Tired of scraping the payment together to buy car insurance? You’re in the same situation as many other drivers in Kentucky. With so many insurance providers from which to choose, it can be challenging to pick the most cost effective insurance company.

It’s smart to get comparison quotes occasionally because insurance rates tend to go up over time. If you had the lowest price a few years ago other companies may now be cheaper. Block out anything you think you know about auto insurance because you’re about to find out the fastest and easiest way to lower your rates without sacrificing coverage.

Buying car insurance in Bardstown is easy if you know what you’re doing. If you have a policy now or are shopping for new coverage, you can use these tips to reduce the price you pay while maximizing coverage. Kentucky consumers just need to understand the tricks to find the lowest price on the web.

Low Cost Bardstown Auto Insurance

All the larger auto insurance companies like Progressive, GEICO, Allstate and State Farm give price estimates online. This process is pretty painless as you just type in your required coverages as detailed in the form. Behind the scenes, their rating system automatically retrieves credit information and your driving record and returns a price based on these factors. Online quotes makes comparing rates easy, but the process of having to visit a lot of sites and type in the same information can be a bit repetitive. But it’s absolutely necessary to get many rate quotes if you want to find a better rate.

There is an easier way!

The preferred way to get multiple rate quotes uses one simple form to obtain quotes from several different companies. The form is fast, requires much less work on your part, and makes online quotes much more enjoyable and efficient. After your information is entered, it gets priced and you are able to buy any or none of the quotes that you receive. If you find a better price you can click and sign and purchase the new policy. The whole process only takes a few minutes and may save quite a bit of money.

In order to compare rates using this form now, click here to open in new window and enter your information. If you have your current policy handy, we recommend you replicate your coverages identical to your current policy. Doing this assures you will receive rate quotes for similar insurance coverage.

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

Consumers in Kentucky get pounded daily by advertisements for cheaper car insurance by companies like Progressive, GEICO, Allstate and State Farm. All the companies make an identical promise that you can save if you move to them.

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

Insurance companies are able to cherry pick for the type of driver they prefer to insure. For instance, a preferred risk could be over the age of 50, insures multiple vehicles, and has a high credit rating. Any driver that hits that “sweet spot” will get the preferred rates and is almost guaranteed to save a lot of money.

Consumers who don’t meet the “perfect” profile must pay more money which usually ends up with business going elsewhere. The ads state “drivers who switch” not “people who quote” save money. That is how companies can truthfully make the claims of big savings. This illustrates why you need to get as many quotes as possible. It’s impossible to know which company will provide you with the cheapest rates.

Take advantage of discounts

Auto insurance companies do not list all their discounts very well, so the following is a list of both well-publicized and also the lesser-known discounts you could be receiving. If you don’t get every credit you deserve, you’re paying more than you need to.Bardstown car insurance prices

  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Multiple Cars – Having all your vehicles on one policy may reduce the rate for each vehicle.
  • Clubs and Organizations – Belonging to a qualifying organization is a good way to get lower rates when shopping for auto insurance.
  • Discount for Good Grades – Performing well in school can get you a discount of up to 25%. This discount can apply up to age 25.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt can save 10% or more on the medical payments or PIP coverage costs.
  • Pay Upfront and Save – If you pay your entire premium ahead of time rather than paying monthly you may reduce your total bill.
  • Student in College – Children who live away from home and do not have access to a covered vehicle may qualify for this discount.
  • Homeowners Pay Less – Being a homeowner may trigger a auto insurance policy discount because owning a home is proof that your finances are in order.

As a disclaimer on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most cut individual premiums such as liability, collision or medical payments. Even though it may seem like adding up those discounts means a free policy, auto insurance companies aren’t that generous.

To see a list of companies with discount auto insurance rates in Bardstown, click here.

But I want to work with a local agent

Some consumers prefer to get advice from a local agent and that is just fine! Good agents can help determine the best coverages and help submit paperwork. One of the great benefits of getting online price quotes is you can get lower rates and still choose a local agent.

Once you complete this short form, your information is emailed to companies in Bardstown who will compete for your insurance coverage. There is no reason to even leave your home because quoted prices will be sent straight to your inbox. Now that’s easy!

Picking a company needs to be determined by more than just the price. Any agent should be forthright in answering these questions:

  • How are claims handled?
  • Will your rates increase after a single accident?
  • Do they have any clout with companies to ensure a fair claim settlement?
  • What is the agency’s Better Business Bureau rating?
  • How long has their agency been open in Bardstown?
  • If your car is in the repair shop, do you have coverage for a rental car?
  • Did they already check your driving record and credit reports?

The difference between Bardstown insurance agents

When finding a reputable insurance agent or broker, there are a couple of different types of agents to choose from. Insurance agencies in Bardstown can either be captive or independent (non-captive). Both types can properly insure your vehicles, but it’s worth learning how they differ since it may influence the selection process.

Agency Captives

Captive insurance agents have only one company to place business with and examples are AAA, Allstate and State Farm. They usually cannot place coverage with different providers so they are skilled at selling on more than just price. Captives are very knowledgeable on their company’s products which helps them sell insurance even at higher premiums.

Listed below are Bardstown captive insurance agencies that are able to give price quotes.

Allstate Insurance – 305 N 3rd St – Bardstown, KY 40004 – (502) 348-5508
State Farm Insurance – 616 N 3rd St – Bardstown, KY 40004 – (502) 348-6408

Independent Agents (or Brokers)

Independent insurance agents are not locked into one company but rather can write business with many different companies depending on which coverage is best. If your agent finds better pricing, the agent simply finds a different carrier and you won’t have to switch agencies.

When searching for an agent, it’s a good idea to contact at a minimum one independent agency for the best price selection.

Shown below is a list of independent agents in Bardstown who can help you get price quotes.

Arnold Insurance Inc – 701 W Stephen Foster Ave – Bardstown, KY 40004 – (502) 348-6296
Cambridge Agency Systems – 105 Windsor Ave – Bardstown, KY 40004 – (502) 331-9994
Lee Insurance Co – 108 Kingston Ct – Bardstown, KY 40004 – (502) 349-1120

For a complete listing of Bardstown insurance agents, view this link.

Upon receiving positive responses to any questions you have and a low price estimate, it’s possible that you found an insurance agency that can insure your vehicles.

Even more information can be found at the Kentucky Department of Insurance website. Consumers can learn about insurance regulations, read industry bulletins, and find out industry alerts.

Other informative sites include this page for auto insurance in Kentucky and this link where you can make Bardstown auto insurance comparisons.

A tidy conclusion

When shopping online for auto insurance, it’s very important that you do not skimp on critical coverages to save a buck or two. In many cases, an insured cut liability limits or collision coverage and learned later that it was a big mistake. The proper strategy is to purchase plenty of coverage at the best price.

Throughout this article, we presented some good ideas how you can reduce auto insurance prices online. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the lowest rates come from a small mutual company. Smaller companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate and Progressive.