If you want to find the absolute lowest rates, then the best way to get cheaper Kia Forte insurance in Lexington is to compare prices annually from insurers in Kentucky. Price quotes can be compared by following these steps.
First, read about how auto insurance works and the steps you can take to prevent expensive coverage. Many rating factors that increase rates like traffic citations, accidents, and a negative credit rating can be controlled by making lifestyle changes or driving safer.
Second, request price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from a single company like GEICO or Farmers Insurance, while independent agencies can provide prices for many different companies.
Third, compare the new rate quotes to your existing rates to determine if you can save on Forte insurance. If you can save money and make a switch, make sure there is no lapse in coverage.
One tip to remember is to use the same amount of coverage on each quote request and and to get rate quotes from every insurance company. This helps ensure an accurate price comparison and maximum price selection.
Anyone knows that car insurance companies want to keep you from comparing rates. People who shop around at least once a year are likely to switch to a new company because they have a good chance of finding more affordable rates. A recent auto insurance study discovered that consumers who made a habit of comparing rate quotes saved on average $865 a year compared to other drivers who didn’t regularly shop around.
If finding the cheapest rates on car insurance in Lexington is why you’re reading this, then knowing how to get price quotes and compare insurance premiums can make it easier to find better rates.
If you’re already insured or are just looking to switch companies, take advantage of these tips to save money while maintaining coverages. Our goal in writing this article let you in on how to effectively get price quotes. Smart buyers just need to know the least time-consuming way to buy car insurance from many different companies online.
Discount Lexington insurance quotes
Car insurance is not cheap, but there may be some discounts that many people don’t even know exist. Many of these discounts will be applied automatically at quote time, but less common discounts must be specially asked for prior to getting the savings. If you’re not getting every credit you qualify for, you are paying more than you should be.
- Early Payment Discounts – If paying your policy premium upfront instead of monthly or quarterly installments you can avoid monthly service charges.
- Student Discounts – This discount can earn a discount of 20% or more. This discount can apply up to age 25.
- Telematics Data – Drivers who elect to allow data collection to spy on where and when they drive through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm might see lower rates if they exhibit good driving behavior.
- No Accidents – Drivers with accident-free driving histories have much lower rates as compared to drivers with a long claim history.
- ABS Braking Discount – Vehicles that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
- Membership in Organizations – Participating in a civic or occupational organization in Lexington could earn you a nice discount on your policy.
Discounts lower rates, but most of the big mark downs will not be given to the entire policy premium. Some only apply to specific coverage prices like comp or med pay. If you do the math and it seems like you can get free auto insurance, you’re out of luck.
The chart below shows the difference between Kia Forte insurance prices with and without discounts applied to the rates. The rates are based on a male driver, no claims or driving citations, Kentucky state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, safe-driver, claim-free, marriage, and multi-policy discounts applied.
If you would like to choose from a list of insurance companies who offer insurance discounts in Kentucky, click here.
The companies shown below can provide quotes in Kentucky. If multiple companies are listed, it’s highly recommended you click on several of them to get a more complete price comparison.
Kia Forte insurance analysis
The data table displayed below highlights a range of coverage prices for Kia Forte models. Knowing how insurance policy premiums are formulated can be valuable when making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Forte LX 4-Dr Sedan | $242 | $394 | $424 | $26 | $128 | $1,214 | $101 |
| Forte EX 4-Dr Sedan | $242 | $394 | $424 | $26 | $128 | $1,214 | $101 |
| Forte SX 4-Dr Sedan | $274 | $480 | $424 | $26 | $128 | $1,332 | $111 |
| Forte EX 2-Dr Coupe | $274 | $566 | $480 | $28 | $144 | $1,492 | $124 |
| Forte SX 2-Dr Coupe | $274 | $566 | $480 | $28 | $144 | $1,492 | $124 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Rate quotes do not factor in your specific Lexington location which can revise auto insurance rates significantly.
Kia Forte full coverage rates compared to liability only
The illustration below compares Kia Forte premium costs with full coverage and liability only. The premiums are based on no claims or driving citations, $500 deductibles, single status, and no discounts are applied.
When to drop comprehensive and collision
There is no exact formula for dropping physical damage coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is about 10% or more of replacement cost minus your deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Kia Forte book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $6,000 after the policy deductible has been paid. If you are paying in excess of $600 annually for your policy with full coverage, then it could be time to drop full coverage.
There are some circumstances where only buying liability is not a good plan. If you haven’t paid off your loan, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
Car insurance can get complicated
When quoting and choosing your policy for your vehicles, there really isn’t a perfect coverage plan. Your financial needs are unique and your policy should reflect that.
For instance, these questions can help discover whether you may require specific advice.
- Does my insurance cover my expensive audio equipment?
- Why do I only qualify for high-risk insurance?
- Does insurance cover tools stolen from my truck?
- Can I still get insurance after a DUI?
- When do I need to add a new car to my policy?
- How much liability coverage do I need in Kentucky?
- How much underlying liability do I need for an umbrella policy?
- Is a driver training discount available?
If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.
Buying car insurance from Lexington insurance agencies
Some consumers still prefer to buy from a local agent and that is not a bad decision Agents are very good at helping people manage risk and help file insurance claims. A nice benefit of comparing rate quotes online is that you can obtain the lowest rates but still work with a licensed agent. And buying from local insurance agencies is still important in Lexington.
To find an agent, once you fill out this form (opens in new window), the quote information is instantly submitted to agents in your area who will give you bids and help you find cheaper coverage. You won’t even need to search for an agent since price quotes are sent immediately to your email address. If you want to quote rates from a specific car insurance provider, you would need to find their quoting web page and fill out their quote form.
Exclusive agents vs. Independent agents
If you want to use local Lexington agents, you should know the different agency structures and how they are slightly different. Insurance agencies in Lexington can be described as either independent (non-exclusive) or exclusive. Either type can insure your vehicles, but it’s worth mentioning the difference between them because it can factor into the kind of agent you use.
Independent Car Insurance Agencies or Brokers
Agents that elect to be independent can quote rates with many companies so they can quote policies through many different car insurance companies and possibly get better coverage at lower prices. If prices rise, your policy is moved internally and you stay with the same agent.
When searching for an agent, you should always get insurance quotes from at a minimum one independent agency so that you have a good selection of quotes to compare. Most also write with lesser-known insurance companies which can save you money.
Featured below is a list of independent insurance agencies in Lexington that can possibly get you rate quotes.
- Triad Insurance Agency, Inc.
1216 S Broadway – Lexington, KY 40504 – (859) 255-0806 – View Map - G.L. Herndon Insurance Agency
2220 Executive Dr #203 – Lexington, KY 40505 – (859) 286-7094 – View Map - Carpenter-Warren Insurance Inc
271 W Short St # 304 – Lexington, KY 40507 – (859) 252-6691 – View Map
Exclusive Insurance Agents
Exclusive agents can only write with one company and some examples include Farmers Insurance or State Farm. Exclusive agents cannot compare rates from other companies so always compare other rates. Exclusive agents are usually well trained on their company’s products which helps them sell insurance even at higher premiums. Consumers often buy from exclusive agents partially due to the prominence of the brand and solid financial strength.
Shown below are exclusive agents in Lexington who can help you get comparison quotes.
- GEICO Insurance Agent
3100 Old Todds Rd #110 – Lexington, KY 40509 – (859) 286-8655 – View Map - Bill Rea – State Farm Insurance Agent
138 E Reynolds Rd #102 – Lexington, KY 40517 – (859) 273-7373 – View Map - Bob Pugh – State Farm Insurance Agent
828 Lane Allen Rd #251 – Lexington, KY 40504 – (859) 276-4421 – View Map
Selecting an car insurance agent requires more thought than just a low price. These are some questions you should get answers to.
- Will they make sure you get an adequate claim settlement?
- Is there a Errors and Omissions policy in force?
- Do they offer claims assistance after hours?
- What kind of financial rating does the company have?
- Will the agent help in case of a claim?
- Do they make recommendations based only on price?
- Will their companies depreciate repairs to your car based on the mileage?
If you receive satisfactory answers to these questions and a low price estimate, it’s a good possibility that you have found a car insurance agent that is reliable enough to insure your vehicles.
The lowest rates come from being thorough
Lower-priced Kia Forte insurance in Lexington is definitely available online and with local Lexington insurance agents, so you should compare both to get a complete price analysis. Some insurance companies do not offer online price quotes and usually these small insurance companies prefer to sell through independent agents.
As you go through the steps to switch your coverage, you should never sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed full coverage only to regret that their decision to reduce coverage ended up costing them more. The aim is to buy enough coverage at the best possible price, but do not skimp to save money.
To read more, feel free to visit the resources below:
- Event Data Recorders FAQ (iihs.org)
- What Car Insurance is Cheapest After a Speeding Ticket in Lexington? (FAQ)
- What is Full Coverage? (Allstate)
- Auto Crash Statistics (Insurance Information Institute)
- Teen Driving Statistics (iihs.org)