Justin

Justin…..thanks Glad I was able to assist you.

Can you give me tips on how I can have a cheap Kentucky auto insurance for students?

Abigail

Louisville, Kentucky

In the course of their studies, students may have to face various necessary expenses and among the highest of these are books and tuition. Car insurance costs should not be another burden for them. Getting a car insurance for students, especially young people, may be difficult to get at a lower price. However, there are many ways to acquire a cheap student car insurance as long as you know what factors will determine the amount of your car insurance premium. Among these factors are your gender, age, driving history and garage location.

You must be able to demonstrate that you can drive safely on the road. You can attend courses on safe and defensive driving from schools that are recognized by car insurance companies.

You must avoid substances abuse as much as possible. It is easier to keep a clean driving history if you can pay attention to car speed limits and other driving laws and regulations. Avoiding substance abuse will also keep you away from Driving Under Influence (DUI) and Driving While Intoxicated (DWI) cases. Having these cases will surely give you a headache as these will soar your car insurance premium higher.

If you have had a car insurance before and you have not been into road accidents or have not filed a claim against your car insurance policy, you may be able to have a cheap student car insurance because car insurance companies can offer you no-claims bonuses that can further lower your car insurance costs.

Keep excellent grades in your class. Some car insurance companies take into consideration the students’ scholastic records and offer cheap student car insurance to those with excellent school performance. For this matter, the average grade a student can have is B or higher to have a chance on discounted car insurance premium rates.

For students, getting a cheap car insurance may be hard in Kentucky. But as long as you can demonstrate that you are a responsible driver with discipline as shown on your scholastic records, you may be able to negotiate for a cheap car insurance.

I have been a full-time mom since I gave birth to my son. Now he is 4 and is attending pre-school. I have recently volunteered my car for carpooling and I am curious if this qualifies me for a lower motor vehicle insurance cost. I live in Kentucky.

Moira

Louisville, KY

The price of gasoline is shooting up. That’s an unfortunate fact that car owners will have to deal with everyday. One of the simple ways to save on gas is carpooling. Many have resorted to carpooling to get to work or school, and to cater to the changing times, motor vehicle insurance providers have devised discounts to reward motorists who use their cars less. Since you have agreed to start carpooling, it’s quite possible that you would be eligible for a lower motor vehicle insurance rate. If you have been carpooling for quite some time, and have not been receiving the rate adjustment, all you need to do is contact your insurance agent and ask him or her what you need to present as proof that you indeed share a ride. Once you have gathered all the necessary documents and whatever else they may require, submit it to your agent and inquire if you are entitled to a refund. If you are, they would usually apply the difference to your next policy statement. The terms and conditions on this particular issue may vary between motor vehicle insurance providers in Kentucky. Some may offer less and others may offer more. Each one may require different forms of proof. Besides inquiring from your agent, you could also seek out information on your own by visiting various websites on this topic and get up to date on the issue.

A: Since you waste a lot of time paying bills, there is one thing you can do which will make it easier for you to get all of your bills taken care of in a smaller amount of time, and which will also aid you in receiving cheap car insurance. Actually, there are two ways. Way one would be for you to try and pay all of your car insurance at once each time you renew. If you pay monthly, an installment fee is added on to your premiums. By bypassing the installments, you can save around fifty dollars.

Way two would be for you to get your insurance from a company which provides multiple kinds of insurance. If you get your health, life, home owners or renters, and auto insurance all with one company, you can not only combine the premium to make it more manageable, but you can also get a discount for compressing multiple insurance lines into one policy.

1.  Raising your deductible amount is the fastest and easiest way to lower your rates!

2. Ask for discounts – teachers – good grades for students – AARP -Credit union membership and even some banks offer clubs/memberships

3. Improve your credit score – most insurance carriers look at your credit history and adjust rates accordingly.  Pay your bills on time!

A: As the driver of a new car, your responsibility for the well being of your car rises. Your financer, who you are paying for the car, doesn’t want to lose thousands of dollars because you wreck your car and then default on the payments, so a system is set up. If you want your new car, then you need to have collision, comprehensive, and gap insurance on your car insurance policy. If you don’t do this, your financer can take your car back.

You can make this cheaper by taking on even more responsibility, this time with your car insurance company. With the more money your insurance company has to pay when you file a claim, the more you will have to pay on your monthly premiums to make up for that. You can save here by raising your deductibles so that you have to pay out more before your insurance will kick in in the event of an accident.

Another way you can save a little bit of money is by paying your insurance all at once, for the entire six months to a year.

The BEST way to lower your rates is by raising your deductible amount to as high as you feel comfortable.  This will have a drastic impact on your annual premiums.