Compare Suzuki Kizashi Insurance Quotes in Lexington

It’s shocking but most auto insurance buyers in Kentucky have been with the same company for four years or more, and nearly half have never taken the time to shop around. Many consumers in America could save almost $860 a year just by shopping around, but they underestimate the amount of savings they would get if they switched to a cheaper policy.

If saving money is your primary concern, then the best way to find low-cost prices for Suzuki Kizashi insurance in Lexington is to compare prices once a year from different companies in Kentucky.

First, take a little time to learn about coverages and the things you can control to prevent high rates. Many risk factors that cause high rates like tickets, at-fault accidents, and a poor credit rating can be eliminated by making minor driving habit or lifestyle changes. Keep reading for information to get low prices and find overlooked discounts.

Second, compare prices from direct, independent, and exclusive agents. Direct and exclusive agents can only give prices from one company like Progressive and State Farm, while agents who are independent can provide rate quotes from multiple insurance companies.

Third, compare the new rates to your existing coverage and see if you can save money. If you can save money and make a switch, ensure coverage does not lapse between policies.

Fourth, provide written notification to your current company of your intent to cancel your current coverage. Submit payment and a completed application to your new insurance company. Be sure to place the new proof of insurance paperwork above your visor, in the console, or in the glove compartment.

The most important part of shopping around is to try to use identical limits and deductibles on each price quote and and to look at as many companies as feasibly possible. Doing this ensures a level playing field and the best price selection.

When comparing auto insurance rates, know that comparing all the rates in your area helps you find better pricing.

The companies shown below can provide quotes in Kentucky. To buy cheaper car insurance in Lexington, it’s a good idea that you visit several of them to get a more complete price comparison.

Suzuki Kizashi detailed coverage information

The premium information shown below outlines estimates of insurance prices for Suzuki Kizashi models. Having a good understanding how insurance prices are established can help customers make decisions when choosing a new policy provider.

Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Estimates do not factor in specific garaging location which can increase or decrease coverage prices noticeably.

Physical damage deductible comparison

The hardest decision when buying coverage is which comprehensive and collision deductibles to buy. The premium rates below illustrate the rate differences when you buy lower versus higher physical damage deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Rate quotes do not factor in specific Lexington garaging location which can affect auto insurance rates greatly.

We can derive from the above data that using a $250 deductible will cost in the ballpark of $25 more each month or $300 annually averaged for all Kizashi models than quoting the higher $1,000 deductible. Because you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at least 30 months between claims, you would probably save some money if you choose the higher deductible. Below is how you can do this calculation yourself.

One important caveat is that a higher deductible means you will have to pay more of your own money at claim time. You need to make sure you have some savings in the bank in the event you need to pay more to get your vehicle repaired.

The example below shows how choosing a deductible and can impact Suzuki Kizashi insurance premiums for different categories of driver ages. Data assumes a married male driver, full physical damage coverage, and no discounts are taken into consideration.

Why you need vehicle insurance in Kentucky

Despite the fact that auto insurance is not cheap in Lexington, insuring your vehicle is required for several reasons.

• Just about all states have mandatory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability in order to license the vehicle. 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 bought your Suzuki with a loan, most banks will have a requirement that you buy full coverage to guarantee their interest in the vehicle. If coverage lapses or is canceled, the lender may insure your Suzuki for a lot more money and require you to fork over for the much more expensive policy.
• Auto insurance preserves both your Suzuki Kizashi and your personal assets. It will also reimburse you for medical expenses for not only you but also any passengers injured in an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to repair the damage.

The benefits of insuring your car more than offset the price you pay, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer is overpaying more than $865 each year so compare rate quotes once a year at a minimum to ensure rates are inline.

Good Decisions Result in Lower Insurance Prices

Smart consumers have a good feel for the rating factors that help determine the price you pay for car insurance. When consumers understand what determines premiums, this allows you to make educated decisions that may reward you with lower rates. Lots of things are considered when you quote your car insurance policy. Most are fairly basic like an MVR report, but some are less obvious such as whether you are married or your vehicle rating.

The items below are some of the things utilized by car insurance companies to help set your rate level.

• Accidents inflate prices – Your driving record has a big impact on rates. Just one chargeable violation could increase your next policy renewal forty percent or more. Careful drivers pay less for auto insurance than people who have multiple driving citations. Drivers unfortunate enough to have flagrant violations like reckless driving or DUI may find they need to complete a SR-22 with their state in order to prevent their license from being revoked.

  The diagram below illustrates how violations and at-fault collisions can drive up Suzuki Kizashi yearly insurance costs for different age groups of insureds. The premium estimates are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied.

• Your address can affect costs – Living in small towns and rural areas has definite advantages when buying car insurance. Fewer drivers means fewer accidents in addition to fewer liability claims. People in densely populated areas have to deal with more road rage incidents and more time behind the wheel. Longer commute distances means higher likelihood of an accident.

• Gals tend to cost less – Over the last 50 years, statistics have shown females are less aggressive when driving. However, don’t assume that females are better drivers. Both genders cause fender benders in similar percentages, but guys tend to have higher claims. In addition to higher claims, males also receive more costly citations such as reckless driving. Young men ages 16 to 20 generally have the highest accident percentage and therefore pay the highest rates.

  The chart below illustrates the comparison of Suzuki Kizashi car insurance costs for male and female drivers. Data assumes no violations or accidents, comprehensive and collision coverage, $100 deductibles, drivers are not married, and no discounts are factored in.

• Marriage brings a discount – Your spouse can actually save you money on your policy. Having a spouse is viewed as being more stable financially and statistics prove married drivers tend to have fewer serious accidents.
• Liability is important – Liability insurance kicks in if you are found to be at fault for personal injury or accident damage. Your liability coverage provides legal defense starting from day one. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Don’t abuse policy claims – Companies in Kentucky give discounts to people who only file infrequent claims. If you file claims often, you can pretty much guarantee either a policy non-renewal or much higher rates. Your car insurance is designed for claims that you cannot pay yourself.

The best insurance company isn’t always the cheapest

As you shop your coverage around, you should never skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice liability coverage limits and discovered at claim time that it was a big mistake. The proper strategy is to purchase a proper amount of coverage at the best cost, but do not sacrifice coverage to save money.

Lower-priced insurance in Lexington can be purchased online and also from your neighborhood Lexington agents, and you should compare rates from both to get a complete price analysis. There are still a few companies who do not provide the ability to get a quote online and these regional carriers provide coverage only through independent insurance agencies.

More tips and info about insurance is available at these sites:

• Auto Insurance FAQ (Farmers Insurance)
• Who Has Affordable Car Insurance Rates for Ride Shares in Lexington? (FAQ)
• Who Has Cheap Lexington Car Insurance for a Kia Forte? (FAQ)
• How do I File a Claim? (Insurance Information Institute)
• Can I Drive Legally without Insurance? (Insurance Information Institute)
• Get the Right Protection (InsureUonline.org)
• Older Drivers FAQ (iihs.org)