No matter your driving situation or savings level, it is vital that you make informed choices when it comes to car insurance. When selecting the policy that protects you the best way possible – while many factors such as how much you drive may have an effect on rates; understanding basic principles is also key in understanding how car insurance operates can make all the difference when making wise choices for yourself and your vehicle.
Prioritizing your personal budget and whether or not you need full coverage versus liability auto insurance is the first step toward purchasing one. Next, determine how much monthly will go toward premium payments – click here for a personalized car insurance quote.
Kentucky drivers on average pay about $2,124 annually for full coverage; however, your rates could differ based on factors unique to you and could even exceed this figure.
One major consideration in your driving costs is your history; at-fault accidents and traffic violations typically incur greater fees than driving without incident. Your credit score also plays an important role; those with lower scores tend to pay more. Furthermore, age also plays a part; young drivers typically save money when listed under their parent’s policy as opposed to getting their own policy.
Other factors affecting vehicle premiums can include its safety features, which can lower them. You could also try opting for higher deductibles or reduced coverage limits to bring down costs further; but be sure that you carry enough liability coverage in case an accident does happen as this could protect your assets better than Kentucky requires at minimum limits.
Shopping around for car insurance in Kentucky can be challenging, so it is essential that you obtain quotes from multiple providers and compare their quotes online. Furthermore, be sure to inquire about discounts such as student discounts or paying your bill on time that might apply to you – both can help save you money!
Geico offers the lowest car insurance prices in Kentucky for those with good credit. State Farm and USAA both also provide excellent coverage, but USAA caters exclusively to current and former military members. You could save more by taking an defensive driving course or completing a safe driver training program; usage-based policies like Metromile are becoming more and more popular; they could save money if you drive less than 5,000 miles each year, so check it out now before rates skyrocket!