Locating better insurance prices for your Suzuki Equator in Kentucky can be difficult, but you can follow the following methods to find lower rates. There is a right way and a wrong way to shop for auto insurance so you’re going to learn the quickest way to get price quotes on a Suzuki and find the best price possible.
The best way we recommend to compare car insurance rates for Suzuki Equator insurance in Louisville is to know most larger insurance companies pay for the opportunity to provide you with free rate quotes. To begin a comparison, all you need to do is give them rating details including whether you are married, if it has an alarm system, driver ages, and level of coverage desired. Your details is sent automatically to multiple insurance providers and they provide comparison quotes very quickly.
To start a rate quote now, click here then complete the form.
The auto insurance companies shown below provide quotes in Kentucky. If you wish to find cheap auto insurance in KY, we suggest you visit several of them to find the lowest auto insurance rates.
Cheaper rates with these six rate reducing discounts
Car insurance is not cheap, but there’s a good chance there are discounts that could drop your premiums quite a bit. Certain reductions will be credited at the time of purchase, but some must be asked for prior to getting the savings.
- Service Members Pay Less – Having a family member in the military could qualify you for better premium rates.
- Defensive Driver Discount – Taking a course in defensive driving could cut 5% off your bill and also improve your driving technique.
- Multiple Vehicles – Buying a policy with multiple cars with the same company can reduce the rates for all insured vehicles.
- Clubs and Organizations – Affiliation with certain professional organizations is a simple method to lower premiums on your policy.
- Multi-line Discount – If the company offers life insurance, you could get a lower insurance rate if you buy life insurance from them.
- Discount for New Cars – Buying a new car model can save up to 30% because new model year vehicles keep occupants safer.
A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Most cut specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like you could get a free insurance policy, company stockholders wouldn’t be very happy.
The example below shows the difference between Suzuki Equator insurance costs with and without some available policy discounts. The price estimates are based on a female driver, no violations or accidents, Kentucky state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, marriage, multi-car, homeowner, and safe-driver discounts applied.
Some of the insurance companies that may offer most of the discounts above are:
It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts may not apply in every state.
Coverage statistics and figures
The information below outlines a range of insurance costs for Suzuki Equator models. Knowing how policy premiums are calculated is important for you to make smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equator Ext Cab 2WD | $116 | $216 | $368 | $22 | $110 | $832 | $69 |
| Equator Ext Cab 2WD | $116 | $216 | $368 | $22 | $110 | $832 | $69 |
| Equator Ext Cab 2WD | $134 | $262 | $368 | $22 | $110 | $896 | $75 |
| Equator Ext Cab 2WD | $134 | $262 | $368 | $22 | $110 | $896 | $75 |
| Equator Ext Cab 4WD | $134 | $262 | $368 | $22 | $110 | $896 | $75 |
| Equator Crew Cab 4WD | $152 | $308 | $368 | $22 | $110 | $960 | $80 |
| Equator Crew Cab 4WD | $152 | $308 | $368 | $22 | $110 | $960 | $80 |
| Equator Crew Cab 4WD | $152 | $308 | $368 | $22 | $110 | $960 | $80 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Rates do not factor in garaging location in Louisville which can lower or raise prices greatly.
How high should deductibles be?
The hardest decision when buying coverage is which deductible level should you buy. The following insurance rates illustrate how much more rates are when you buy lower versus higher coverage deductibles. The first rate quote example uses a $250 deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equator Ext Cab 2WD | $220 | $350 | $326 | $20 | $98 | $1,039 | $87 |
| Equator Ext Cab 2WD | $220 | $350 | $326 | $20 | $98 | $1,039 | $87 |
| Equator Ext Cab 2WD | $252 | $426 | $326 | $20 | $98 | $1,147 | $96 |
| Equator Ext Cab 2WD | $252 | $426 | $326 | $20 | $98 | $1,147 | $96 |
| Equator Ext Cab 4WD | $252 | $426 | $326 | $20 | $98 | $1,147 | $96 |
| Equator Crew Cab 4WD | $284 | $500 | $326 | $20 | $98 | $1,253 | $104 |
| Equator Crew Cab 4WD | $284 | $500 | $326 | $20 | $98 | $1,253 | $104 |
| Equator Crew Cab 4WD | $284 | $500 | $326 | $20 | $98 | $1,253 | $104 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equator Ext Cab 2WD | $178 | $282 | $326 | $20 | $98 | $904 | $75 |
| Equator Ext Cab 2WD | $178 | $282 | $326 | $20 | $98 | $904 | $75 |
| Equator Ext Cab 2WD | $206 | $342 | $326 | $20 | $98 | $992 | $83 |
| Equator Ext Cab 2WD | $206 | $342 | $326 | $20 | $98 | $992 | $83 |
| Equator Ext Cab 4WD | $206 | $342 | $326 | $20 | $98 | $992 | $83 |
| Equator Crew Cab 4WD | $232 | $404 | $326 | $20 | $98 | $1,080 | $90 |
| Equator Crew Cab 4WD | $232 | $404 | $326 | $20 | $98 | $1,080 | $90 |
| Equator Crew Cab 4WD | $232 | $404 | $326 | $20 | $98 | $1,080 | $90 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Table data does not factor in specific zip code location which can increase or decrease premium rates substantially.
Based on the data above, we can derive that using a $250 deductible costs roughly $13 more each month or $156 each year than opting for the higher $500 deductible. Since you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you usually have at a minimum 19 months between claims, you would save money going with the higher deductible.
How to calculate if a higher deductible is a good decision
| Average monthly premium for $250 deductibles: | $97 |
| Average monthly premium for $500 deductibles (subtract): | – $84 |
| Monthly savings from raising deductible: | $13 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $13 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
Impact of careless driving on Louisville car insurance rates
The chart below demonstrates how citations and at-fault claims impact Suzuki Equator auto insurance rates for different age groups. The data is based on a single male driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.
Full coverage or liability only
The illustration below illustrates the difference between Suzuki Equator auto insurance costs with and without physical damage coverage. The premiums are based on no claims or driving violations, $500 deductibles, single marital status, and no other discounts are factored in.
Should you pay for full coverage?
There is no exact formula of when to phase out physical damage coverage, but there is a general convention. If the annual cost of your full coverage insurance is more than 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.
For example, let’s pretend your Suzuki Equator replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $2,000 after you pay the deductible. If you are paying over $200 annually for your policy with full coverage, then it may be the right time to buy liability only.
There are some circumstances where eliminating full coverage is not recommended. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should keep full coverage in place.
Neighborhood insurance agents
A lot of people just want to talk to an insurance agent and that is a smart decision Agents can answer important questions and will help you if you have claims. A good thing about getting free rate quotes online is that drivers can save money and get the lowest rates and still buy from a local agent.
Once you complete this short form, the coverage information is transmitted to insurance agents in Louisville that provide free Louisville car insurance quotes for your car insurance coverage. It simplifies rate comparisons since you won’t have to contact an agency because prices are sent to the email address you provide. If you wish to get a comparison quote from a particular provider, you can always find their quoting web page and fill out the quote form the provide.
Picking an insurer shouldn’t rely on just the premium amount. These are valid questions to ask:
- What insurance company do they write the most business with?
- Is there a Errors and Omissions policy in force?
- How will an accident affect your rates?
- Where are claims handled?
- What discounts might you be missing?
- How are they compensated?
How to choose the best auto insurance agent in Louisville
If you want to buy car insurance from a reliable agent, you need to know there are two types of insurance agents and how they are distinctly different. Agents are considered either independent agents or exclusive agents depending on their employer. Either one can write policy coverage, but it is important to understand the difference in how they write coverage because it may have an impact on the type of agent you choose.
Exclusive Insurance Agents
Exclusive agents are contracted to one company and some examples include State Farm or Allstate. These agents are unable to place coverage with different providers so you might not find the best rates. Exclusive agents are well trained on sales techniques and that allows them to sell at a higher price point. Consumers often choose to use a exclusive agent mainly due to the brand legacy and strong financial ratings.
The following are Louisville exclusive insurance agents willing to provide price quote information.
- Bob Dotson – State Farm Insurance Agent
9800 Shelbyville Rd – Louisville, KY 40223 – (502) 339-8086 – View Map - Charlton Grant Sr – State Farm Insurance Agent
1802 Farnsley Rd – Louisville, KY 40216 – (502) 448-0202 – View Map - Tom Kanaly – State Farm Insurance Agent
6608 Bardstown Rd a – Louisville, KY 40291 – (502) 231-2350 – View Map
Independent Agents (or Brokers)
Independent agents do not sell for just one brand so they can write business through lots of different companies and find the cheapest car insurance rates. If premiums increase, your agent can just switch to a different company without you having to go to a different agency.
When comparing rates, it’s a good idea to include price quotes from several independent agencies to get the most accurate price comparison. Many independent agencies also insure through smaller mutual companies that can offer cheaper rates than bigger companies.
Shown below is a list of independent agents in Louisville willing to provide rate quotes.
- Epic Insurance Solutions
9700 Ormsby Station Rd #200 – Louisville, KY 40223 – (502) 805-3742 – View Map - National Insurance Agency, Inc.
13804 Lake Point Way # 202 – Louisville, KY 40223 – (502) 425-3232 – View Map - Dolack Insurance Agency Inc.
4050 Westport Rd – Louisville, KY 40207 – (502) 333-0577 – View Map
When do I need an agent’s advice?
When it comes to buying coverage online or from an agent for your vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs.
For example, these questions can help discover whether or not you may require specific advice.
- Does my insurance cover a custom paint job?
- What can I do if my company won’t pay a claim?
- Is my camper covered by my car insurance policy?
- Is my ex-spouse still covered by my policy?
- Where can I get insurance after a DUI in Kentucky?
- Can I afford to pay high deductible claims out of pocket?
- If my pet gets injured in an accident are they covered?
If you’re not sure about those questions then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and may give you better protection.
Specific coverage details
Understanding the coverages of auto insurance can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring.
Liability insurance – This coverage provides protection from damage or injury you incur to other’s property or people by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 25/50/10 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $10,000 for damage to vehicles and property.
Liability coverage pays for things like repair bills for other people’s vehicles, legal defense fees, medical services, loss of income and structural damage. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford. Kentucky state minimum liability requirements are 25/50/10 but you should think about purchasing better liability coverage.
The chart below demonstrates why the minimum limit may not be enough.
Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like dental work, nursing services, rehabilitation expenses, X-ray expenses and surgery. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage
Comprehensive coverage – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as vandalism, fire damage, a tree branch falling on your vehicle, theft and damage from flooding. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Collision coverage – Collision insurance will pay to fix damage to your Equator resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims such as scraping a guard rail, crashing into a building and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible on your Equator in order to get cheaper collision rates.
Uninsured/Underinsured Motorist coverage – This gives you protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Suzuki Equator.
Because many people carry very low liability coverage limits (25/50/10), their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
How much can you save?
In this article, we presented a lot of techniques to find lower-cost Suzuki Equator insurance in Louisville. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your premium rates. Consumers may even find the lowest car insurance rates come from the smaller companies.
People leave their current company for a variety of reasons including denial of a claim, delays in responding to claim requests, unfair underwriting practices and being labeled a high risk driver. Whatever your reason, finding the right insurance provider can be easy and end up saving you some money.
Cheap Suzuki Equator insurance in Louisville is possible on the web and from local agencies, so you should compare both to have the best chance of lowering rates. A few companies may not offer the ability to get quotes online and many times these smaller companies work with independent agents.
How to buy discount Suzuki Equator insurance in Louisville
If your goal is the lowest price, then the best way to find cheaper Suzuki Equator insurance is to compare prices at least once a year from providers that insure vehicles in Louisville.
- Step 1: Try to comprehend what is in your policy and the modifications you can make to keep rates down. Many factors that are responsible for high rates like traffic tickets, fender benders, and your credit history can be controlled by making small lifestyle or driving habit changes.
- Step 2: Request price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from a single company like Progressive or State Farm, while independent agencies can provide prices for a wide range of companies. View insurance agents
- Step 3: Compare the new quotes to the price on your current policy and see if there is a cheaper rate in Louisville. If you can save some money, make sure there is no coverage gap between policies.
- Step 4: Provide notification to your current company of your decision to cancel your current policy. Submit a completed policy application and payment to your new agent or company. Once the application is submitted, put the proof of insurance certificate in your vehicle.
One thing to remember is that you’ll want to make sure you compare the same amount of coverage on each quote request and and to look at as many companies as you can. Doing this helps ensure the most accurate price comparison and and a good selection of different prices.
More tips and info about insurance is located in the articles below:
- All About Airbag Safety (State Farm)
- What Insurance is Cheapest for Seniors in Louisville? (FAQ)
- Who Has Affordable Louisville Car Insurance Rates for a School Permit? (FAQ)
- How Much are Louisville Auto Insurance Rates for Immigrants? (FAQ)
- Who Has Affordable Car Insurance for Unemployed Drivers in Louisville? (FAQ)
- How Much are Auto Insurance Rates for Low Credit Scores in Louisville? (FAQ)
- How Much is Auto Insurance for Safe Drivers in Louisville? (FAQ)
- Winter Driving (Insurance Information Institute)
- Tools for Teen Driving Safety (State Farm)
- Your Car has been Stolen: Now What? (Allstate)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)