Car Insurance Rate Quotes for a Dodge Magnum in Lexington

It’s safe to conclude that car insurance companies want to keep your business as long as possible. Insureds who shop around for cheaper rates will presumably switch companies because of the good chance of finding coverage at a cheaper rate. Remarkably, a study showed that people who compared prices regularly saved $860 a year as compared to drivers who never shopped around for cheaper prices.

If saving the most money on car insurance in Lexington is the reason you’re reading this, knowing how to get rate quotes and compare coverages can make it simple to find affordable coverage.

Insurance rates Dodge Magnum in LexingtonIf you want to find the absolute lowest rates, then the best way to find cheaper Dodge Magnum insurance in Lexington is to regularly compare price quotes from providers who provide auto insurance in Kentucky.

Step 1: Spend a few minutes and learn about what is in your policy and the measures you can take to keep rates low. Many things that increase rates such as traffic violations and an unacceptable credit score can be remedied by making minor changes in your lifestyle.

Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like Progressive or State Farm, while independent agents can provide rate quotes from multiple insurance companies.

Step 3: Compare the quotes to the price on your current policy and determine if cheaper Magnum coverage is available. If you find a lower rate, ensure there is no coverage lapse between policies.

The most important part of shopping around is to make sure you enter similar coverage information on each price quote and to quote with as many companies as possible. Doing this provides the most accurate price comparison and a complete price analysis.

Companies offering low-cost Dodge Magnum prices in Lexington, KY

The providers in the list below can provide free rate quotes in Kentucky. To get the cheapest auto insurance in KY, we suggest you visit several of them to find the most affordable auto insurance rates.

Get cheaper rates by earning discounts

Companies don’t necessarily list all possible discounts very clearly, so the following is a list of some of the best known and also the more inconspicuous credits available to lower your premiums when you buy Lexington car insurance online.Auto insurance discounts

We need to note that some of the credits will not apply to the entire policy premium. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though you would think you would end up receiving a 100% discount, you’re out of luck.

A few popular companies and some of the discounts are shown below.

Double check with each company or agent which discounts you qualify for. Some of the discounts discussed earlier may not apply to policyholders in Lexington. To see auto insurance companies offering auto insurance discounts in Lexington, click this link.

Components of Your Dodge Magnum Insurance Premiums

Lots of things are taken into consideration when premium rates are determined. Some are pretty understandable like an MVR report, but other factors are not quite as obvious such as your marital status or your commute time. Part of the auto insurance buying process is learning the rating factors that play a part in calculating your auto insurance rates. When consumers understand what impacts premium levels, this empowers consumers to make smart changes that will entitle you to lower auto insurance prices.

Know your vehicle’s NHTSA crash test rating – Safer cars tend to have better insurance rates. Vehicles engineered for safety protect occupants better and fewer injuries means less claims paid which can mean better rates for you.

High comp and collision deductibles save money – Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, covers your vehicle from damage. A few examples of covered claims are a broken windshield, damage caused by hail, and windstorm damage. Physical damage deductibles represent how much money you are required to pay if a claim is determined to be covered. The more money the insured is willing to pay, the better rate you will receive.

Does car insurance cost less for women? – Over time, data shows that females take fewer risks when driving. The data does not necessarily mean that females are better at driving than males. Women and men cause accidents at about the same rate, but guys have accidents that have higher claims. Men also statistically get higher numbers of serious violations like driving under the influence (DUI).

Multiple policies with one company – Some companies will award lower prices to customers that purchase more than one policy in the form of a multi-policy discount. Discounts can be as much as ten percent or more Even with this discount applied, it’s always a smart idea to shop around to guarantee you are still saving the most. Consumers may save money by splitting coverages up.

Big cities have higher rates – Residing in less populated areas of the country is a good thing when it comes to auto insurance. Fewer drivers translates into fewer accidents. People who live in big cities have to deal with more road rage incidents and higher rates of accident claims. More time on the road means more chances of being involved in an auto accident.

Why do you need liability? – Your policy’s liability coverage provides coverage if ever a court rules you are at fault for physical damage or personal injury to other. Your policy’s liability insurance provides legal defense starting from day one. Liability insurance is pretty cheap compared to physical damage coverage, so drivers should carry high limits.

Save money by eliminating extra policy coverages – There are a ton of extra add-on coverages that you can get tricked into buying on your auto insurance policy. Coverage for things like vanishing deductibles, towing, and membership fees are examples of these. They may seem like a good idea when deciding what coverages you need, but if they’re wasting money eliminate the coverages to reduce your premium.

Insurance agent or online?

A lot of people would rather buy from a local agent and that can be a great decision One of the benefits of comparing rates online is you can get better rates and still buy from a local agent. And buying from local insurance agencies is definitely important in Lexington.

Find insurance agent in LexingtonFor easy comparison, once you complete this short form, your information is submitted to local insurance agents that can provide free Lexington car insurance quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to do any legwork as quotes are delivered directly to you. You can find better rates and an insurance agent to talk to. If you wish to get a rate quote from a specific insurance company, you just need to visit that company’s website and give them your coverage information.

When researching a reliable insurance agent, it’s helpful to know the different agency structures that you can select. Agencies in Lexington can either be independent agents or exclusive agents.

Independent Insurance Agencies or Brokers

Agents of this type are not employed by one company and that gives them the ability to insure through many different insurance companies and find the cheapest rate. If premiums increase, your policy is moved internally and you don’t have to do anything. When comparing rate quotes, you will definitely want to get insurance quotes from at a minimum one independent agency to maximize your price options. A lot of them also have access to smaller companies who may have lower rates.

Listed below are Lexington independent agencies that may be able to provide free price quotes.

More insurance agents

Exclusive Agents

Agents of this type can only write with one company such as Allstate, Farmers Insurance or State Farm. These agents are not able to compare rates from other companies so they really need to provide good service. Exclusive insurance agents receive a lot of sales training on their company’s products which can be an advantage. Consumers often use the same agent primarily because of the prominence of the brand and strong financial ratings.

The following are Lexington exclusive agents willing to provide comparison quotes.

More insurance agents

Selecting an auto insurance agent should include more criteria than just the premium amount. These are valid questions to ask:

Cover all your bases

When getting Lexington car insurance quotes online, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many situations where someone sacrificed liability coverage limits and learned later that a couple dollars of savings turned into a financial nightmare. Your objective should be to find the BEST coverage at an affordable rate.

Drivers leave their current company for a variety of reasons including unfair underwriting practices, high prices, policy cancellation and lack of trust in their agent. Regardless of your reason, finding a great new company is less work than it seems.

Lower-priced Dodge Magnum insurance in Lexington is definitely available both online and from local agencies, and you should be comparing both in order to have the best price selection to choose from. Some insurance providers may not provide online quoting and these smaller companies only sell coverage through local independent agencies.

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