If you want to find the absolute lowest rates, then the best way to get cheaper Buick Rendezvous insurance is to annually compare prices from insurance carriers in Louisville. Prices can be compared by following these steps.
Step 1: Take a little time to learn about policy coverages and the factors you can control to prevent rate increases. Many factors that increase rates such as accidents, careless driving, and a less-than-favorable credit score can be eliminated by making lifestyle changes or driving safer. This article gives more information to help prevent costly coverage and get additional discounts.
Step 2: Compare price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can give quotes from a single company like GEICO or Farmers Insurance, while independent agencies can provide prices for a wide range of insurance providers.
Step 3: Compare the new rate quotes to your current policy premium to see if you can save by switching companies. If you find a lower rate quote and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Step 4: Provide adequate notice to your current company of your intention to cancel your current car insurance policy and submit a completed policy application and payment to the new insurer. As soon as you can, safely store the certificate of insurance above your visor, in the console, or in the glove compartment.
One key aspect of rate comparisons is to make sure you enter identical deductibles and limits on each quote and and to get quotes from all possible companies. Doing this helps ensure a fair price comparison and a complete selection of prices.
Unbelievable but true, almost 70% of insureds have bought car insurance from the same company for well over three years, and nearly the majority have never even compared quotes to find affordable rates. Kentucky consumers could pocket about 30% a year by just comparing quotes, but they don’t know the rate savings if they changed companies.
Finding the cheapest insurance coverage in Louisville is really not that difficult. Virtually everyone who is overpaying for insurance will more than likely find a better price. Although Kentucky drivers must understand the methods companies use to charge you for coverage and use this information to your advantage.
Companies offering Buick Rendezvous insurance in Louisville
The companies in the list below are ready to provide price quotes in Kentucky. If multiple companies are listed, we suggest you visit several of them to get a more complete price comparison.
Discounts for cheaper insurance quotes
Companies that sell car insurance don’t always publicize their entire list of discounts in an easy-to-find place, so here is a list a few of the more well known and also the lesser-known credits available to lower your premiums when you buy Louisville auto insurance online.
- New Car Discount – Adding a new car to your policy can be considerably cheaper since newer models are generally safer.
- Defensive Driver – Taking part in a course in driver safety could earn you a small percentage discount and easily pay for the cost of the class.
- Distant Student – College-age children who are enrolled in higher education away from home and do not have a car may qualify for this discount.
- Cautious Drivers – Drivers who don’t get into accidents could pay up to 40% less compared to accident prone drivers.
- Memberships – Having an affiliation with qualifying clubs or civic groups may earn a discount when getting a Louisville auto insurance quote.
A little disclaimer on discounts, most discount credits are not given to the entire policy premium. Most only reduce the price of certain insurance coverages like collision or personal injury protection. Even though it may seem like adding up those discounts means a free policy, it doesn’t quite work that way.
The best insurance companies and some of the premium reductions they offer are shown below.
- GEICO may include discounts for daytime running lights, driver training, federal employee, good student, and anti-lock brakes.
- MetLife has discounts for claim-free, accident-free, good student, multi-policy, defensive driver, good driver
- Progressive policyholders can earn discounts including multi-vehicle, multi-policy, online quote discount, homeowner, continuous coverage, and good student.
- Travelers discounts include early quote, payment discounts, continuous insurance, hybrid/electric vehicle, and IntelliDrive.
- SAFECO includes discounts for accident prevention training, anti-lock brakes, multi-car, bundle discounts, teen safe driver, and safe driver.
- AAA has savings for AAA membership discount, good student, good driver, multi-policy, education and occupation, multi-car, and pay-in-full.
If you want low cost Louisville auto insurance quotes, ask each company or agent which discounts you may be entitled to. Some discounts might not be offered on policies in Louisville. To see a list of providers that offer the discounts shown above in Kentucky, follow this link.
Eight factors that influence insurance rates
One of the most helpful ways to save on auto insurance is to to have a grasp of the rating factors that aid in calculating your policy premiums. If you know what determines premiums, this enables informed choices that could help you find better auto insurance rates.
The itemized list below are most of the major factors used by companies to determine premiums.
Safer cars mean better prices – Safer cars tend to have better insurance rates. Vehicles built for safety help reduce the chance of injuries in an accident and better occupant protection means less money paid by your insurance company and lower rates for you.
Higher premiums for high stress employers – Jobs like military personnel, architects, and financial analysts have higher premium rates because of job stress and extremely grueling work hours. Other jobs like scientists, students and retirees have the lowest average rates.
Stay claim-free and save – Car insurance companies in Kentucky provide discounts to insureds that do not abuse their auto insurance. If you tend to file frequent claims, you can definitely plan on higher premiums or even policy non-renewal. Auto insurance is intended for larger claims.
A auto insurance policy lapse can increase auto insurance rates – Going without insurance is a fast way to pay more for auto insurance. Not only will rates go up, failure to provide proof of insurance can result in a license revocation or jail time. Then you may be required to file a SR-22 with the Kentucky department of motor vehicles.
Excellent credit means lower prices – Having a bad credit score can be a huge factor in determining premium rates. So if your credit is low, you could save money insuring your Buick Rendezvous by improving your credit score. People with good credit tend to be less risk to insure than drivers with worse credit.
Use one insurance company and save – The majority of insurance companies will give a discount to insureds who have multiple policies with them in the form of a multi-policy discount. The amount of the discounts can be five, ten or even twenty percent. Even if you’re getting this discount consumers should still compare other company rates to ensure the best deal. Consumers may save even more than the discount by insuring with multiple companies.
Eliminate unneeded add-on coverages – Policies have additional extra coverages that may not really be needed if you don’t pay attention. Things like rental car reimbursement, towing, and Farm Bureau memberships may be wasting your money. These coverages may sound good when deciding what coverages you need, but your needs may have changed so get rid of them and save.
Are men or women drivers cheaper? – Statistics show that women are safer drivers than men. This data doesn’t prove that females are better at driving than males. Both sexes tend to get into fender benders at about the same rate, but guys tend to have more serious accidents. They also have more aggressive citations like DUI and reckless driving. Male drivers age 16 to 19 have the highest risk to insure and therefore pay the highest rates.
You may need help from an agent
A lot of people just prefer to buy from a local agent and that is OK! One of the benefits of getting free rate quotes online is you can get better rates and still choose a local agent.
To help locate an agent, after submitting this short form, the coverage information is submitted to local insurance agents in Louisville who will return price quotes for your business. It simplifies rate comparisons since you won’t have to do any legwork since rate quotes are delivered immediately to you. You can find lower rates without having to waste a lot of time. In the event you want to compare prices from one company in particular, don’t hesitate to go to their quote page to submit a rate quote request.
Choosing the best provider shouldn’t rely on just the premium amount. Before buying a policy in Louisville, get answers to these questions.
- How much can you save by raising your physical damage deductibles?
- How are claims handled?
- Do they get paid more for recommending certain coverages?
- If your car is totaled, how to they determine the replacement cost?
- Is the quote a firm price?
- Will the agent or a CSR service your policy?
- Does the agent recommend any additional coverage?
Types of auto insurance agents
If you would like to find a reliable agent, you need to know there are two types of agencies and how they operate. Insurance agencies in Louisville are classified as either exclusive or independent (non-exclusive).
Exclusive Insurance Agents
Agents that elect to be exclusive can only quote rates from one company like Farmers Insurance, Allstate, or State Farm. They generally cannot provide rate quotes from other companies so you need to shop around if the rates are high. These agents are usually well trained on their products and sales techniques and that allows them to sell at a higher price point. Some insured continue to buy from the same agent for years mostly because of the brand name rather than having the cheapest rates.
Below is a short list of exclusive insurance agencies in Louisville who may provide you with comparison quotes.
- Bob Savko – State Farm Insurance Agent
10839 Bluegrass Pkwy – Louisville, KY 40299 – (502) 499-7575 – View Map
- Mary Henry – State Farm Insurance Agent
5800 Bardstown Rd – Louisville, KY 40291 – (502) 491-7797 – View Map
- Matt Miller – State Farm Insurance Agent
8321 Preston Hwy – Louisville, KY 40219 – (502) 964-6288 – View Map
Independent insurance agents do not sell for just one brand so they can write business through many companies and find you cheaper rates. To move your coverage to a new company, your policy is moved internally which requires no work on your part.
When shopping rates, we highly recommend that you compare prices from several independent insurance agents in order to have the best price comparison. Most also have access to additional companies that you may not be familiar with which may provide better rates.
Listed below are Louisville independent insurance agents that are able to give rate quotes.
- Dick Watts Insurance
12200 Shelbyville Rd #112 – Louisville, KY 40243 – (502) 245-3625 – View Map
- Dolack Insurance Agency Inc.
4050 Westport Rd – Louisville, KY 40207 – (502) 333-0577 – View Map
- Corey Insurance Agency
3832 Taylorsville Rd #1 – Louisville, KY 40220 – (502) 473-7910 – View Map
Upon receiving answers to your satisfaction and a good coverage price, it’s a good possibility that you have found an insurance agency that meets the requirements to provide insurance coverage. But keep in mind you have the power to cancel your coverage any time you want so never assume you’re contractually obligated to a policy for the entire policy term.
Smart shoppers get results
People leave their current company for a number of reasons such as questionable increases in premium, unfair underwriting practices, delays in paying claims or extreme rates for teen drivers. It doesn’t matter what your reason, finding a new company is not as hard as you think.
As you go through the steps to switch your coverage, it’s not a good idea to sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice uninsured motorist or liability limits only to find out that the savings was not a smart move. Your goal should be to find the BEST coverage at the best price, but don’t skip important coverages to save money.
Lower-priced insurance in Louisville can be found from both online companies as well as from insurance agents, so you need to shop Louisville auto insurance with both to have the best rate selection. A few companies don’t offer online quoting and these regional insurance providers provide coverage only through independent insurance agents.
For more information, feel free to visit the articles below:
- Understanding Car Crashes Video (iihs.org)
- Who Has Cheap Auto Insurance for Teenage Males in Louisville? (FAQ)
- How Much is Car Insurance for Drivers Under 25 in Louisville? (FAQ)
- How Much are Auto Insurance Rates for Lyft Drivers in Louisville? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Drivers Requiring a SR22 in Louisville? (FAQ)
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Parking Tips to Reduce Door Dings (State Farm)
- Protecting Teens from Drunk Driving (Insurance Information Institute)