It’s safe to assume that auto insurance companies don’t want their policyholders to compare prices. People who compare price quotes are very likely to switch auto insurance companies because there is a high probability of finding a policy with more affordable rates. A study discovered that drivers who routinely compared quotes saved approximately $860 a year compared to policyholders who never shopped around for cheaper prices.
If finding the lowest price on car insurance in Louisville is your ultimate objective, then having a grasp of how to shop for insurance coverage can help you succeed in finding affordable rates.
If saving money is your primary concern, then the best way to get more affordable auto insurance rates is to compare quotes annually from providers who can sell car insurance in Louisville. Price quotes can be compared by following these steps.
- Take a little time to learn about car insurance and the things you can control to prevent expensive coverage. Many rating criteria that result in higher rates like traffic citations and an unacceptable credit score can be remedied by making small lifestyle or driving habit changes.
- Compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from a single company like Progressive or State Farm, while independent agents can quote rates from multiple insurance companies.
- Compare the new rates to the price on your current policy to see if cheaper C-Max Hybrid coverage is available in Louisville. If you can save money and switch companies, make sure coverage does not lapse between policies.
- Tell your current company to cancel your current coverage and submit the application along with any required down payment to the new company. As soon as you can, place the new certificate of insurance somewhere easily accessible.
One bit of advice is to try to compare identical limits and deductibles on every quote request and and to look at all possible companies. Doing this enables an apples-to-apples comparison and a better comparison of the market.
Locating the lowest cost coverage in Louisville is not that difficult. If you’re already insured or need a new policy, take advantage of these tips to get lower rates without reducing coverage. Consumers just need to know the most efficient way to get comparison rates using one simple form.
Getting cheaper Ford C-Max Hybrid car insurance pricing is actually easier than you may think. You just need to take a couple of minutes comparing price quotes to see which company has inexpensive Louisville auto insurance quotes.
Online shopping is fast and free, and it makes it obsolete to call or drive to and from local Louisville insurance agencies. Comparing online rate quotes makes this process obsolete unless you prefer the guidance that you can only get from talking to an agent. If you prefer, some companies allow you to price shop online and still use a local agent.
The companies in the list below offer free rate quotes in Louisville, KY. To buy cheap car insurance in KY, it’s highly recommended you visit two to three different companies to get the most competitive price.
Buying the right Ford C-Max Hybrid insurance in Kentucky is an important decision
Despite the high insurance cost for a Ford C-Max Hybrid in Louisville, paying for car insurance is most likely required but also gives you several important benefits.
- Just about all states have mandatory insurance requirements which means state laws require a specific minimum amount of liability in order to drive the car legally. 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.
- If you took out a loan on your Ford, most lenders will require you to have insurance to guarantee their interest in the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Ford at an extremely high rate and force you to pay for it.
- Insurance protects not only your Ford C-Max Hybrid but also your assets. It also can pay for many types of medical costs incurred in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you are sued as the result of an accident. If damage is caused by hail or an accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of buying car insurance are definitely more than the cost, particularly when you have a large claim. But the average American driver overpays more than $855 a year so we recommend shopping around every year to ensure rates are inline.
The Ford C-Max Hybrid Insurance Price Equation
Many different elements are taken into consideration when you get a price on insurance. Most are fairly basic such as traffic violations, although some other factors are more obscure like your vehicle usage or how safe your car is.
Fast cars cost more to insure – The performance of the car you drive makes a big difference in how high your rates are. Lower performance four cylinder passenger cars usually have the lowest rates, but there are many factors that impact the final cost.
Prevent coverage lapses – Not having insurance is a misdemeanor and companies may charge more for letting your coverage lapse. Not only will you pay more, not being able to provide proof of insurance can result in fines and jail time.
Your age impacts your prices – More experienced drivers are proven to be safer behind the wheel, statistically cause fewer accidents, and tend to be get fewer driving tickets. Young drivers are statistically shown to get distracted easily behind the wheel so auto insurance rates are higher.
Save money by having multiple policies – Most major auto insurance companies afford a discount to buyers that purchase more than one policy in the form of a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. Even though this discount sounds good, you still need to comparison shop to make sure you are getting the best deal.There is a chance you can find a better deal by buying auto insurance from a different company.
Loss probability for a Ford C-Max Hybrid – Insurers include the past claim trends for vehicles to help set a rate to offset losses. Models that the data determines to have a higher amount or frequency of claims will have higher premium rates. The table below outlines the insurance loss data for Ford C-Max Hybrid vehicles.
For each policy coverage type, the loss probability for all vehicles as a whole is a value of 100. Percentage values below 100 suggest a better than average loss history, while values that are above 100 point to more claims or an increased chance of larger losses than average.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Ford C-Max Hybrid | 99 | 92 | 95 | 94 | 89 | 100 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Auto insurance discounts are available for cheaper rates
Companies don’t always advertise all discounts very clearly, so the list below details a few of the more common as well as some of the hidden credits available to bring down your rates. If you aren’t receiving every discount you qualify for, you are paying more than you should be.
- Student in College – Youth drivers who are enrolled in a college that is more than 100 miles from Louisville and do not have a car can receive lower rates.
- Bundled Policy Discount – If you combine your auto and home policies and insure them with the same company they may give you a discount of 10% to 20% off each policy.
- Defensive Driver Discounts – Taking a defensive driver course can save you 5% or more and also improve your driving technique.
- Drivers Education – Have your child complete a driver education course as it can save substantially.
- Safety Restraint Discount – Drivers who require all vehicle occupants to fasten their seat belts may be able to save a few bucks on the premium charged for medical payments and/or PIP.
You can save money using discounts, but some credits don’t apply to the entire policy premium. Most only apply to the cost of specific coverages such as comp or med pay. Even though it appears it’s possible to get free car insurance, company stockholders wouldn’t be very happy. But any discount will definitely reduce your policy premium.
Some of the insurance companies that may offer these discounts include:
It’s a good idea to ask every prospective company which discounts they offer. A few discounts might not apply in your state.
Car insurance can be complex
When selecting insurance from an agent or online for your vehicles, there really is no cookie cutter policy. Your situation is unique.
These are some specific questions might point out whether your personal situation would benefit from professional advice.
- Is there a penalty for late payment?
- Do I have coverage when using my vehicle for my home business?
- Do they offer discounts for home and auto coverage?
- When does my teenage driver need to be added to my policy?
- Do I need higher collision deductibles?
- When should I have rental car coverage?
- Am I covered if I break a side mirror?
If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and may give you better protection.
Insurance is available from your local insurance agencies
Some people would prefer to buy from a licensed agent. Professional agents are very good at helping people manage risk and help you file claims. A nice benefit of getting online price quotes is that you can find cheap rate quotes and also buy local. Buying from and supporting small agencies is still important in Louisville.
To make it easy to find an agent, after completing this quick form, your insurance coverage information is sent to local insurance agents in Louisville that can give you free Louisville auto insurance quotes for your business. You won’t even need to drive around because quoted prices will be sent to you instantly. If you want to get a comparison quote from one company in particular, feel free to search and find their rate quote page to submit a rate quote request.
Finding a good insurer requires you to look at more than just the premium amount. These questions are important to ask:
- Is vehicle mileage a factor when determining depreciation for repairs?
- In the event of vehicle damage, can you pick the collision repair facility?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- What insurance companies do they recommend if they are an independent agent?
- Is the agency involved in supporting local community causes?
- Do the coverages you’re quoting properly cover your vehicle?
- How are claims handled?
You can find affordable coverage
While you’re price shopping online, it’s very important that you do not sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut full coverage only to regret they didn’t have enough coverage. Your aim should be to buy the best coverage you can find at the best possible price and still be able to protect your assets.
Cheaper auto insurance in Louisville is available on the web and from local agencies, so you need to shop Louisville auto insurance with both to have the best selection. There are still a few companies who do not offer online rate quotes and many times these smaller providers sell through independent insurance agencies.
Insureds who switch companies do it for any number of reasons including delays in paying claims, lack of trust in their agent, questionable increases in premium and even high rates after DUI convictions. Regardless of your reason, finding a new auto insurance company is not as hard as you think.
Helpful learning opportunities
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- How Much are Auto Insurance Rates for a Company Car in Louisville? (FAQ)
- What Car Insurance is Cheapest for a Nissan Versa in Louisville? (FAQ)
- Who Has the Cheapest Louisville Car Insurance for Retired Military? (FAQ)
- Protect Yourself Against Auto Theft (Insurance Information Institute)
- How Much Auto Coverage do I Need? (Insurance Information Institute)