Compare Mercury Milan Insurance Quotes in Louisville

Statistics show that nearly 70% of consumers have been with the same company for at least the last four years, and about 40% of consumers have never quoted auto insurance rates at all. Kentucky consumers can cut their rates by $631 a year, but they don’t invest the time required to find cheaper insurance by shopping around.

If you want to save the most money, the best way to find affordable Mercury Milan insurance in Louisville is to compare prices once a year from insurers in Kentucky. You can compare rates by completing these steps.

1. It will benefit you to learn about the different coverages in a policy and the changes you can make to keep rates in check. Many things that drive up the price like traffic violations and an unacceptable credit history can be amended by making minor changes in your lifestyle.
2. Compare price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like GEICO and Allstate, while agents who are independent can provide prices from multiple sources.
3. Compare the quotes to your existing policy to see if a cheaper rate is available in Louisville. If you can save money and decide to switch, make sure there is no coverage gap between policies.
4. Tell your current agent or company of your intent to cancel your current auto insurance policy and submit the completed application along with a down payment to your new agent or company. Immediately upon receiving it, keep the new certificate verifying coverage above your visor, in the console, or in the glove compartment.

An important note is to use identical coverages on each price quote and and to compare as many companies as feasibly possible. This provides a level playing field and plenty of rates choose from.

If you are already insured, you will most likely be able to find better prices using the ideas you’re about to read. Locating the best rates in Louisville is not rocket science. Nevertheless, Kentucky car owners need to have an understanding of how the larger insurance companies market on the web because it can help you find the best coverage.

Affordable companies for Mercury Milan insurance in Kentucky

The companies shown below can provide quotes in Kentucky. To locate cheaper auto insurance in Louisville, KY, we recommend you visit two to three different companies to get a more complete price comparison.

Insurance analysis for a Mercury Milan

The information shown next showcases different coverage prices for Mercury Milan models. Being able to understand how policy premiums are figured is important to be able to make informed purchases.

Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Estimates do not factor in zip code location which can impact insurance rates noticeably.

Where to set your deductibles

A question often asked by Louisville drivers is how low should you set your deductibles. The premium rates below highlight the cost difference between low and high deductibles. The first rate estimation uses a $100 deductible for comp and collision and the second set of rates uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Price estimates do not factor in garaging location in Louisville which can modify premium rates considerably.

Based on the figures above, using a $100 deductible costs roughly $36 more each month or $432 each year than requesting the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at a minimum 25 months between claims, you would more than likely save some money by selecting a higher deductible.

One important note is that raising deductibles to save money means you will have to pay more at claim time. You need to have a higher level of savings in the event you have to pay more to get your vehicle repaired.

Male drivers versus female drivers

The chart below shows the comparison of Mercury Milan car insurance rates for male and female drivers. The costs are based on no claims or driving citations, full coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.

Save money by taking advantage of discounts

Not too many consumers would say car insurance is affordable, but there are discounts available that many people don’t even know exist. A few discounts will automatically apply at the time of purchase, but some must be asked about prior to receiving the credit.

• Defensive Driver – Completing a course in defensive driver could save 5% or more and easily pay for the cost of the class.
• Federal Employees – Active or retired federal employment may reduce rates when you quote Louisville auto insurance with certain companies.
• Accident Forgiveness – This one isn’t a discount, but a handful of insurance companies will let one accident slide before they charge you more for coverage if you have no claims for a set time period.
• No Accidents – Drivers who don’t have accidents can save substantially in comparison to bad drivers.
• Multi-line Discount – Not all insurance carriers offer life insurance, but some may give you a break if you buy some life insurance in addition to your auto policy.
• 55 and Retired – Older drivers could receive a slight reduction on a Louisville auto insurance quote.
• Driving Data Discount – Drivers that enable companies to track their driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates as long as they are good drivers.
• Distant Student Discount – Youth drivers who are enrolled in higher education away from home and won’t have access to an insured vehicle can receive lower rates.

A quick disclaimer, some credits don’t apply to all coverage premiums. Most cut specific coverage prices like comp or med pay. So when it seems like all the discounts add up to a free policy, companies don’t profit that way.

The diagram below shows the difference between Mercury Milan yearly insurance costs with and without discounts applied to the premium. The premiums are based on a male driver, no driving violations, no at-fault accidents, Kentucky state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, marriage, multi-car, safe-driver, and multi-policy discounts applied.

Companies and their offered discounts are detailed below.

• State Farm includes discounts for defensive driving training, multiple policy, student away at school, Steer Clear safe driver discount, Drive Safe & Save, driver’s education, and good student.
• GEICO policyholders can earn discounts including multi-vehicle, air bags, daytime running lights, membership and employees, five-year accident-free, anti-lock brakes, and federal employee.
• Progressive offers premium reductions for good student, multi-policy, multi-vehicle, continuous coverage, online quote discount, and homeowner.
• 21st Century has discounts for defensive driver, teen driver, anti-lock brakes, early bird, driver training, and automatic seat belts.
• American Family may include discounts for defensive driver, bundled insurance, multi-vehicle, good driver, Steer into Savings, TimeAway discount, and good student.
• The Hartford has savings for good student, anti-theft, air bag, vehicle fuel type, and driver training.
• AAA discounts include good driver, multi-policy, pay-in-full, multi-car, and good student.

If you need inexpensive Louisville auto insurance quotes, ask every company to give you their best rates. Discounts may not apply to policies in your state. To locate insurance companies that offer discounts in Kentucky, click this link.

Learn How to Buy Car Insurance More Affordably

When buying car insurance it’s important to understand some of the things that aid in calculating your premiums. If you know what positively or negatively impacts your premiums, this enables you to make decisions that can earn you lower rates.

Listed below are most of the major factors that factor into your rates.

• Reserve claims for larger damages – Auto insurance companies in Kentucky provide better rates to people who do not file claims often. If you’re an insured who likes to file claims you can look forward to either higher rates or even cancellation. Your car insurance is meant to be used in the event of more catastrophic claims.

• How’s your driving record? – Getting just one moving violation may cause rates to rise by twenty percent. Attentive drivers get better prices than their less careful counterparts. Drivers with severe violations such as DUI or willful reckless driving might be required by their state to complete a SR-22 with their state motor vehicle department in order to prevent their license from being revoked.

  The example below highlights how traffic violations and fender-benders drive up Mercury Milan insurance prices for each age group. The premium estimates are based on a married male driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.

• Avoid coverage lapses – Driving without insurance coverage in place is illegal and your next policy will cost more because you let your insurance expire. And not only will insurance be more expensive, not being able to provide proof of insurance might get you a license revocation or jail time. You may then have to submit proof of financial responsibility or a SR-22 with the Kentucky DMV.
• Insurance rates in urban areas – Having an address in a small town has definite advantages when shopping for auto insurance. Drivers who live in large cities have to deal with more road rage incidents and longer commute times. Lower population translates into fewer accidents.

Compare rate quotes but buy from a local neighborhood Louisville car insurance agent

Certain consumers would prefer to talk to a local agent and that is not a bad decision A good thing about getting free rate quotes online is that drivers can save money and get cheaper car insurance rates and also buy local.

For easy comparison, once you complete this short form, your insurance coverage information is sent to participating agents in Louisville who will gladly provide quotes for your coverage. It’s much easier because you don’t need to contact an agency since price quotes are sent to you instantly. You can most likely find cheaper rates and a licensed agent to work with. If you want to get a rate quote from a specific company, don’t hesitate to find their quoting web page and submit a quote form there.

Selecting an insurance company needs to be determined by more than just a cheap price quote. Ask your prospective agent these questions:

• What insurance company do they write the most business with?
• Does the agent have a valid license to sell insurance in Kentucky?
• Will you get a loaner vehicle if you car is being repaired?
• What insurance companies do they work with in Louisville?
• Can you get a list of referrals?

Two types of Louisville car insurance agents

If you want a local Louisville insurance agent, you must know there are a couple different types of agents that differ in how they can insure your vehicles. Insurance agencies can be classified as either independent agents or exclusive agents.

Exclusive Insurance Agents

Agents that choose to be exclusive are contracted to one company like American Family, State Farm, and AAA. These agents are unable to provide other company’s prices so they are skilled at selling on more than just price. These agents are well trained on their company’s products which aids in selling service over price.

Below is a short list of exclusive agents in Louisville who may provide you with comparison quotes.

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Independent Agents

Agents of this type do not sell for just one brand so they can quote policies with any number of different companies depending on which coverage is best. If premiums increase, they simply move your policy to a different company and you don’t have to switch agencies. If you need lower rates, we recommend you include price quotes from a couple of independent agencies in order to compare the most rates.

Shown below is a list of independent insurance agencies in Louisville that can give you price quotes.

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Kentucky car insurance companies

Choosing a highly-rated company is hard considering how many companies provide coverage in Louisville. The ranking information shown next may help you choose which providers you want to consider comparing rates from.

Top 10 Louisville Car Insurance Companies Ranked by Customer Service

1. USAA
2. Travelers
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Safeco Insurance
7. Progressive
8. State Farm
9. The Hartford
10. The General

Top 10 Louisville Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Persistence is the key to cheaper rates

Budget-friendly auto insurance in Louisville can be purchased from both online companies and with local Louisville insurance agents, and you should compare rates from both to have the best chance of lowering rates. A few companies may not provide price quotes online and usually these smaller companies only sell coverage through local independent agencies.

As you shop your coverage around, don’t be tempted to reduce needed coverages to save money. In many instances, someone sacrificed collision coverage only to regret that the small savings ended up costing them much more. The ultimate goal is to buy a smart amount of coverage at the lowest possible cost while not skimping on critical coverages.

More resources

• Safety Tips for Teen Drivers (Insurance Information Institute)
• Who Has Cheap Louisville Car Insurance for Used Cars? (FAQ)
• What Auto Insurance is Cheapest in Louisville, Kentucky? (FAQ)
• What Insurance is Cheapest for a Honda Civic in Louisville? (FAQ)
• Who Has Cheap Louisville Auto Insurance for Hybrid Vehicles? (FAQ)
• Who Has Cheap Louisville Auto Insurance Rates for Single Moms? (FAQ)
• Choosing an Insurance Company (Insurance Information Institute)
• Auto Insurance 101 (About.com)
• What if I Can’t Find Coverage? (Insurance Information Institute)