Do you want an efficient way to compare more affordable car insurance rates in Bowling Green, KY? Trying to find cheaper insurance for a car in Kentucky can be a lot of work, but you can learn these tips to find lower rates.
There are both good and bad ways to shop for car insurance and you need to know the proper way to quote coverages for a and get the lowest possible price either online or from Bowling Green insurance agents.
Learn how to lower your car insurance prices
Many factors are used in the calculation when you get a price on insurance. Some of the criteria are obvious such as your driving record, but other factors are not quite as obvious like your continuous coverage or your vehicle rating.
Only buy coverage you need - There are a lot of extra add-on coverages that you can get tricked into buying if you don't pay attention. Insurance for roadside assistance, better glass coverage, and extra equipment coverage are examples of these. They may seem like a good idea when you first buy your policy, but if they're wasting money think about removing them and cutting costs.
Male prices may be higher - The statistics show that females take fewer risks when driving. This data doesn't prove that women are BETTER drivers than men. Females and males are responsible for fender benders in similar percentages, but the male of the species tend to have more serious accidents. They also receive more major tickets like DUI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and thus pay the highest rates.
High stress job may mean higher rates - Occupations like judges, air traffic controllers, and stock brokers usually pay higher rates than the rest of us because of intense work requirements and long work days. On the flip side, jobs such as scientists, athletes and performers get better rates.
Low coverage deductibles can be expensive - Your deductibles are how much you are required to spend out-of-pocket if a covered claim is submitted. Physical damage insurance, also called 'full coverage', protects your car from damage. Examples of covered claims are rearending another vehicle, damage from fire, and damage from wind. The more you're willing to pay, the bigger discount you will receive.
Defend yourself with liability - Your car insurance policy's liability coverage provides coverage in the event that you are found liable for an accident. Your liability coverage provides legal defense coverage which can be incredibly expensive. It is affordable coverage compared to physical damage coverage, so do not skimp.
Keep the miles off and save - The more you drive in a year's time the higher the price you pay to insure it. A lot of insurance companies charge rates based on how the vehicle is used. Cars used primarily for pleasure use can be on a lower rate level than vehicles that are driven to work every day. Double check that your car insurance declarations sheet is showing the correct usage.
Vehicle theft costs us all - Driving a car with an alarm system can save you a little every year. Theft deterrent systems such as OnStar, LoJack tracking, and tamper alarms all aid in stopping your car from being stolen.
Costs are affected by your address - Being located in small towns and rural areas is a good thing when shopping for auto insurance. Less people corresponds to lower accident rates and also fewer theft and vandalism claims. Urban drivers have more road rage incidents and longer commutes to work. More time behind the wheel statistically corresponds to a higher accident and claim rate.
The companies shown below offer price quotes in Bowling Green, KY. If the list has multiple companies, it's a good idea that you click on several of them to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LT AWD||$1,096||$548||$91|
|Chevrolet Silverado LT Crew Cab 4WD||$1,052||$526||$88|
|Dodge Grand Caravan Hero||$1,402||$701||$117|
|Dodge Ram Crew Cab Laramie 2WD||$1,144||$572||$95|
|Ford Escape XLS 2WD||$828||$414||$69|
|Ford F-150 XL Regular Cab 4WD||$928||$464||$77|
|Ford Focus SEL 4-Dr Sedan||$870||$435||$73|
|Honda Accord LX 4-Dr Sedan||$714||$357||$60|
|Honda CR-V EX-L 4WD||$850||$425||$71|
|Honda Civic LX-S 4-Dr Sedan||$1,144||$572||$95|
|Jeep Grand Cherokee Laredo 2WD||$1,100||$550||$92|
|Nissan Altima 2.5 S 2-Dr Coupe||$1,296||$648||$108|
|Toyota Camry LE||$992||$496||$83|
|Toyota Corolla XRS||$930||$465||$78|
|Toyota RAV4 Limited 4WD||$758||$379||$63|
|Get Your Own Custom Quote Go|
Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Rate information does not factor in garaging location in Bowling Green which can modify rates greatly.
Premiums by gender and age
The chart below compares car insurance rates for male and female drivers in Bowling Green. The information is based on no violations or accidents, full physical damage coverage, $1,000 deductibles, single marital status, and no other discounts are factored in on a GMC Acadia SL.
GMC Acadia rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
The hardest decision when buying coverage is what deductibles to buy. The tables below can help illustrate the rate difference between low and high comp and collision deductibles. The first rate comparisons uses a $250 deductible and the second rate chart uses a $1,000 deductible.
Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$252||$426||$326||$20||$98||$1,147||$96|
|Fusion SE 4-Dr Sedan||$284||$500||$326||$20||$98||$1,253||$104|
|Fusion Hybrid 4-Dr Sedan||$284||$576||$408||$24||$122||$1,439||$120|
|Fusion SEL 4-Dr Sedan||$284||$500||$326||$20||$98||$1,253||$104|
|Fusion Sport 4-Dr Sedan||$284||$500||$326||$20||$98||$1,253||$104|
|Fusion SEL AWD 4-Dr Sedan||$318||$576||$326||$20||$98||$1,363||$114|
|Fusion Sport AWD 4-Dr Sedan||$318||$576||$326||$20||$98||$1,363||$114|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion S 4-Dr Sedan||$156||$268||$326||$20||$98||$868||$72|
|Fusion SE 4-Dr Sedan||$176||$316||$326||$20||$98||$936||$78|
|Fusion Hybrid 4-Dr Sedan||$176||$362||$408||$24||$122||$1,092||$91|
|Fusion SEL 4-Dr Sedan||$176||$316||$326||$20||$98||$936||$78|
|Fusion Sport 4-Dr Sedan||$176||$316||$326||$20||$98||$936||$78|
|Fusion SEL AWD 4-Dr Sedan||$196||$362||$326||$20||$98||$1,002||$84|
|Fusion Sport AWD 4-Dr Sedan||$196||$362||$326||$20||$98||$1,002||$84|
|Get a Quote for Your Vehicle Go|
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, homeowner, multi-policy, safe-driver, and multi-vehicle. Information does not factor in your specific Bowling Green location which can revise premiums noticeably.
Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $27 more each month or $324 a year than quoting the higher $1,000 deductible. Since you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you have more than 28 months between claims, you would probably come out ahead if you opt for a higher deductible. The numbers below show how this determination is made.
|Average monthly premium for $250 deductibles:||$108|
|Average monthly premium for $1,000 deductibles (subtract):||- $81|
|Monthly savings from raising deductible:||$27|
|Difference between deductibles ($1,000 - $250):||$750|
|Divide difference by monthly savings:||$750 / $27|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||28 months|
One thing to be aware of is that raising deductibles to save money means you pay more out-of-pocket when you have to file a claim. You need to have some extra funds in order to pay more for the deductible.
The illustration below shows how choosing a deductible and can affect Ford F-150 insurance costs for different age groups. The costs are based on a single female driver, comp and collision included, and no discounts are applied.
Ford F-150 rates are for example purposes only. To get rates for your specific vehicle, click here.
Why you need quality insurance for your vehicle
Even though rates can get expensive, maintaining insurance serves a purpose in several ways.
First, just about all states have minimum liability requirements which means the state requires specific minimum amounts of liability insurance coverage in order to be legal. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your vehicle, almost every bank will require that you have insurance to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank may buy a policy for your vehicle at a more expensive rate and force you to pay the higher premium.
Third, auto insurance preserves both your vehicle and your personal assets. It will also reimburse you for all forms of medical expenses that are the result of an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of buying auto insurance outweigh the cost, especially when you need to use it. The average driver in Kentucky is currently overpaying as much as $700 annually so compare rate quotes once a year at a minimum to make sure the price is not too high.
Take advantage of every insurance discount
Not many people think insurance is cheap, but you may be missing some discounts that you may not even know about. Some of these discounts will be visible at the time of purchase, but a few must be requested specifically before you get the savings.
- Early Renewal Discounts - Some companies provide a discount for signing up prior to your current policy expiration. The savings is around 10%.
- Senior Citizens - Drivers that qualify as senior citizens may receive a small decrease in premiums.
- Active Service Discounts - Being deployed with a military unit could be rewarded with lower insurance rates.
- Government Employee Discount - Simply working for the federal government may qualify for a discount when you quote Bowling Green auto insurance depending on your insurance provider.
- Sign Online - A handful of larger companies may give you up to $50 for buying a policy and signing up on the internet.
- Professional Organizations - Belonging to a qualifying organization could qualify you for a break on your next renewal.
One thing to note about discounts is that some credits don't apply to the entire policy premium. Most only reduce the cost of specific coverages such as comprehensive or collision. Even though it appears you can get free auto insurance, it doesn't quite work that way.
For a list of providers with significant discounts in Bowling Green, follow this link.
Auto insurance quotes from local neighborhood Bowling Green car insurance agents
A lot of people still prefer to get advice from a local agent and that is a personal choice. Insurance agents can help you choose the best coverages and help you file claims. One of the great benefits of comparing rates online is that drivers can save money and get the best rates and still have an agent to talk to. Buying insurance from neighborhood agents is important particularly in Bowling Green.
By using this short form, the coverage information is sent to local insurance agents that provide free Bowling Green auto insurance quotes for your insurance coverage. You don't have to even leave your home since rate quotes are delivered to you directly. If you need to get a price quote from a specific company, you would need to find their quoting web page to submit a rate quote request.
Compare rates from both independent and exclusive auto insurance agents
If you want a reliable insurance agency, it can be helpful to understand the types of insurance agents and how they work. Agencies in Bowling Green are classified as either exclusive agents or independent agents. Either type can sell auto insurance policies, but it's important to know the difference between them because it may have an impact on your selection of an agent.
Independent Auto Insurance Agencies
Agents that choose to be independent can sell policies from many different companies so they can quote policies with lots of companies enabling the ability to shop coverage around. If they quote lower rates, your agent can just switch to a different company and that require little work on your part. When comparing rate quotes, you definitely need to contact a couple of independent agencies to get the most accurate price comparison. Most have the option of insuring with mutual insurance companies that many times have cheaper rates.
Featured below is a small list of independent insurance agencies in Bowling Green who can help you get free price quotes.
- Noland Insurance Agency
1111 Shive Ln #101 - Bowling Green, KY 42103 - (270) 842-0202 - View Map
- Lawton Insurance
812 State St - Bowling Green, KY 42101 - (270) 282-2411 - View Map
- Van Meter Insurance Group
1240 Fairway St - Bowling Green, KY 42103 - (270) 781-6700 - View Map
Exclusive Auto Insurance Agents
Agents that choose to be exclusive are contracted to one company like AAA, Allstate, State Farm, or Farmers Insurance. These agents are not able to provide rate quotes from other companies so you need to shop around if the rates are high. These agents are highly trained in insurance sales which helps them compete with independent agents. Some insured continue to buy insurance from these agents primarily because of the brand name and strong financial ratings.
The following is a list of exclusive insurance agencies in Bowling Green who can help you get price quotes.
- Kentucky Farm Bureau Insurance Warren County - Fairview Ave
101 Riverwood Ave a - Bowling Green, KY 42103 - (270) 393-0094 - View Map
- Jonathan McDaniel - State Farm Insurance Agent
1840 Christian Care Way Suite A - Bowling Green, KY 42104 - (270) 842-5556 - View Map
- Ginger Cleary - State Farm Insurance Agent
1114 Lovers Ln - Bowling Green, KY 42103 - (270) 782-7276 - View Map
Picking an insurance agent requires more thought than just a cheap price. Below are some questions you should ask.
- Is assistance available after office hours?
- Is auto insurance their primary focus in Bowling Green?
- Do the companies they represent have a solid financial rating?
- Does their agency support local causes in Bowling Green?
- If independent agents, which companies do they recommend?
- Can they help ensure a fair claim settlement?
- Do they make recommendations based only on price?
Get the best coverage at the best price
Drivers change insurance companies for a variety of reasons including high prices, an unsatisfactory settlement offer, lack of trust in their agent and even policy non-renewal. No matter why you want to switch, finding a great new company can be less work than you think.
Some insurance companies may not offer price quotes online and these smaller companies prefer to sell through independent insurance agencies. Cheaper insurance in Bowling Green can be purchased from both online companies and also from your neighborhood Bowling Green agents, so you need to compare both to have the best chance of lowering rates.
As you shop your coverage around, never buy poor coverage just to save money. There have been many cases where consumers will sacrifice liability coverage limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy enough coverage at the best possible price while not skimping on critical coverages.
For more information, feel free to visit these articles:
- What is Covered by GAP Insurance? (Allstate)
- Who Has Affordable Car Insurance Rates for a Toyota Tacoma in Kentucky? (FAQ)
- Who Has Cheap Kentucky Auto Insurance Rates for Drivers Over Age 60? (FAQ)
- Who Has Affordable Car Insurance Rates for Low Income Drivers in Kentucky? (FAQ)
- Who Has Affordable Kentucky Car Insurance Rates for Immigrants? (FAQ)
- What is the Best Auto Insurance in Frankfort, Kentucky? (FAQ)
- What is the Cheapest Auto Insurance in Independence, Kentucky? (FAQ)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- A Tree Fell on Your Car: Now What? (Allstate)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)