Save Money on Dodge Nitro Insurance in Lexington

It’s easy to assume that car insurance companies don’t want customers comparing rates. Consumers who perform rate comparisons will most likely buy a different policy because there are good odds of finding coverage at a cheaper rate. A study showed that people who shopped around annually saved approximately $860 a year compared to policyholders who never shopped around.

If finding the lowest rates on Dodge Nitro insurance is the reason you’re here, then having some insight into how to choose a company and compare insurance premiums can make shopping around easier.

If saving the most money is your goal, then the best way to get budget Dodge Nitro insurance in Lexington is to compare prices once a year from different companies who sell insurance in Kentucky.

Step 1: Take a little time to learn about what is in your policy and the changes you can make to prevent rate increases. Many things that drive up the price such as traffic violations, accidents, and a less-than-favorable credit score can be controlled by paying attention to minor details. This article provides tips to help prevent costly coverage and get discounts that may be available to you.

Step 2: Quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like GEICO or Allstate, while independent agents can quote rates from multiple companies.

Step 3: Compare the quotes to the premium of your current policy to see if a cheaper price is available. If you find a lower rate and make a switch, make sure coverage is continuous and does not lapse.

The key aspect of shopping around is to use similar coverage information on every price quote and and to get quotes from as many companies as possible. This helps ensure an apples-to-apples comparison and the best rate selection.

When comparing auto insurance rates, know that making a lot of price comparisons increases your odds of finding the best price. Some insurance companies are not set up to provide online price quotes, so you should also compare price quotes on coverage from those companies, too.

The providers in the list below are our best choices to provide comparison quotes in Lexington, KY. To locate the best auto insurance in Kentucky, we recommend you visit several of them in order to find the most affordable rates.

Rate information and statistics

The premium table below outlines estimates of insurance coverage prices for Dodge Nitro models. Learning more about how car insurance prices are figured is important for making smart policy decisions.

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Prices do not factor in Lexington location which can raise or lower rates significantly.

Physical damage deductibles

The hardest decision when buying coverage is how high should your deductibles be. The data tables below may help to illustrate how much more rates are when you select higher and lower policy deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second set of prices uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Rates do not factor in specific location information which can modify rates considerably.

Based on the data above, we can derive that using a $250 deductible will cost you approximately $13 more each month or $156 each year than quoting the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to go at a minimum 19 months between claims, you would probably be better off going with the higher deductible.

Tickets and at-fault accidents raise rates

The information below illustrates how speeding tickets and accident claims can impact Dodge Nitro auto insurance rates for different insured age categories. The premium estimates are based on a married male driver, full coverage, $250 deductibles, and no other discounts are factored in.

Dodge Nitro insurance rates by age and gender

The information below illustrates the comparison of Dodge Nitro car insurance costs for male and female drivers. The premium estimates are based on no claims or violations, comprehensive and collision coverage, $100 deductibles, marital status is single, and no additional discounts are factored in.

Auto insurance protects more than just your car

Even though Lexington Nitro insurance rates can get expensive, paying for auto insurance may be mandatory for several reasons.

• The majority of states have compulsory liability insurance requirements which means the state requires specific limits of liability in order to be legal. 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 have a lien on your Dodge, it’s guaranteed your bank will require you to have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the bank will be required to insure your Dodge for a lot more money and force you to reimburse them for the expensive policy.
• Insurance protects both your Dodge Nitro and your personal assets. It also can pay for all forms of medical expenses that are the result of an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you cause an accident and are sued. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of insuring your Nitro are without a doubt worth the cost, especially if you ever need it. Unknowingly, the average driver is currently overpaying as much as $825 a year so you should quote and compare rates once a year at a minimum to be sure current rates are still competitive.

How Your Nitro Insurance Rates are Determined

An important part of buying insurance is that you know some of the factors that go into determining the level of your policy premiums. If you have some idea of what determines premiums, this empowers consumers to make smart changes that can earn you cheaper rates. Multiple criteria are taken into consideration when quoting car insurance. Some of the criteria are obvious like a motor vehicle report, but other factors are less obvious like your vehicle usage or your financial responsibility.

• Continuous coverage saves money – Driving any period of time without insurance is against the law and your next policy will cost more because you let your insurance lapse. And not only will insurance be more expensive, not being able to provide proof of insurance may result in a hefty fine and possibly a revoked license. Then you may be required to file a SR-22 with the Kentucky department of motor vehicles.
• Lower annual miles equals lower premium – Driving more miles in a year’s time the higher the price you pay to insure it. A lot of insurance companies apply a rate based upon how you use the vehicle. Cars used primarily for pleasure use get more affordable rates than those used for commuting. Make sure your car insurance coverage properly reflects the proper vehicle usage, because it can save money. An improperly rated Nitro can cost quite a bit.
• Do you need those incidental coverages? – Insurance companies have many add-on coverages that may not really be needed but may not be useful. Things like roadside assistance, accident forgiveness, and membership fees could be just wasting money. They may seem good at first, but if you’ve never needed them in the past consider taking them off your policy.
• Cheaper rates after marriage – Your spouse may earn you lower rates compared to being single. Marriage translates into being more mature and statistics prove married couples file fewer claims.

Cheap Dodge Nitro insurance in Lexington

Insurance is not inexpensive, but you may find discounts to reduce the price significantly. Some trigger automatically when you purchase, but less common discounts must be specially asked for before you will receive the discount.

• One Accident Forgiven – This one isn’t a discount, but companies like Liberty Mutual, GEICO and Allstate may permit one accident before raising your premiums if your claims history is clear before the accident.
• Federal Government Employee – Being employed by or retired from a federal job can earn a discount up to 10% depending on your company.
• Payment Discounts – If you pay your entire premium ahead of time as opposed to paying monthly you can avoid the installment charge.
• Discounts for Multiple Vehicles – Insuring multiple cars on a single policy may reduce the rate for each vehicle.
• Drive Less and Save – Maintaining low annual mileage could qualify for slightly better prices than normal.
• Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts may be able to save a few bucks on medical payment and PIP coverage.

We need to note that most discounts do not apply to the whole policy. Some only apply to individual premiums such as physical damage coverage or medical payments. Despite the fact that it seems like you could get a free insurance policy, insurance companies aren’t that generous. But any discount will bring down your premiums.

The chart below illustrates the difference between Dodge Nitro insurance prices with and without discounts. The premium estimates are based on a female driver, no accidents or driving violations, Kentucky state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, claim-free, multi-policy, multi-car, and marriage discounts applied.

A few of the larger companies and a partial list of their discounts include:

• GEICO has savings for membership and employees, anti-lock brakes, daytime running lights, five-year accident-free, multi-vehicle, seat belt use, and federal employee.
• Travelers has discounts for home ownership, multi-car, early quote, multi-policy, driver training, and new car.
• Nationwide offers premium reductions for easy pay, anti-theft, family plan, accident-free, and business or organization.
• Farmers Insurance offers discounts for bundle discounts, mature driver, multi-car, homeowner, and switch companies.
• Esurance may offer discounts for DriveSense, online shopper, multi-car, anti-lock brakes, anti-theft, and homeowner.
• State Farm may include discounts for good student, Drive Safe & Save, safe vehicle, defensive driving training, and good driver.
• Progressive discounts include online quote discount, multi-vehicle, homeowner, multi-policy, continuous coverage, and online signing.
• Mercury Insurance policyholders can earn discounts including anti-theft, low natural disaster claims, professional/association, ease of repair, accident-free, multi-policy, and good student.

If you are trying to find low cost Lexington auto insurance quotes, ask each company or agent the best way to save money. Savings might not apply in Lexington. If you would like to see a list of insurance companies that offer some of these discounts in Lexington, click here.

Car insurance agents can find coverage gaps

Some consumers still prefer to buy from a licensed agent and doing so can bring peace of mind An additional benefit of comparing rate quotes online is that drivers can save money and get lower rates and also buy local.

Upon completion of this simple form, your coverage information is emailed to participating agents in Lexington that provide free Lexington auto insurance quotes for your coverage. There is no reason to leave your computer as quotes are delivered to the email address you provide. You can find the lowest rates and a licensed agent to work with. If you wish to get a comparison quote from one company in particular, feel free to search and find their rate quote page and complete a quote there.

Finding the right insurer requires more thought than just a cheap price. Get answers to these questions too.

• Which insurance companies are they affiliated with?
• Which family members are covered?
• Can they give you a list of client referrals?
• Which insurance company do they prefer to write with?
• Do they have cheaper tiers of coverage?

What types of car insurance agents are in Lexington?

When finding a reliable agent, you must know there are a couple types of agencies and how they function. Car insurance policy providers can be categorized as either independent or exclusive.

Exclusive Insurance Agents

Exclusive insurance agents can only place business with one company and some examples include Allstate, State Farm and Farm Bureau. They are unable to compare other company’s rates so you need to shop around if the rates are high. These agents receive a lot of sales training in insurance sales and that allows them to sell at a higher price point. Many people buy from the same agent for years partially due to the brand rather than having low rates.

Below is a list of exclusive insurance agencies in Lexington that can give you price quote information.

• State Farm – Bob Pitman
  851 Corporate Dr Ste 200 – Lexington, KY 40503 – (859) 223-1191 – View Map
• Tophan Kulkriwes – State Farm Insurance Agent
  1010 Monarch St #250 – Lexington, KY 40513 – (859) 276-4422 – View Map
• Wallace Barber – State Farm Insurance Agent
  340 E New Cir Rd #120 – Lexington, KY 40505 – (859) 543-0300 – View Map

More insurance agents

Independent Insurance Agents

Agents of this type are not employed by any specific company so they have the ability to put coverage with an assortment of companies depending on which coverage is best. If they find a lower price, your agent can just switch to a different company and you stay with the same agent.

If you are trying to find cheaper rates, you absolutely need to compare quotes from several independent insurance agents in order to have the best price comparison. Most can insure with small mutual carriers that can offer cheaper rates than bigger companies.

Shown below is a list of independent insurance agencies in Lexington willing to provide price quotes.

• Ky Insurance and Investment
  1801 Alexandria Dr – Lexington, KY 40504 – (859) 373-1282 – View Map
• Kent Smith Insurance / The Randolph Scott Agency
  1025 Dove Run Rd #302 – Lexington, KY 40502 – (859) 225-5616 – View Map
• Greater Lexington Insurance Agency, Inc.
  1066 Wellington Way – Lexington, KY 40513 – (859) 224-2477 – View Map

More insurance agents

After receiving reasonable responses to any questions you may have and an affordable coverage quote, you’ve probably found an insurance agency that can be trusted to properly service your car insurance policy.

Ratings for Kentucky car insurance companies

Buying coverage from a high-quality auto insurance provider is hard considering how many companies there are to choose from in Lexington. The rank data shown below can help you select which auto insurers you want to consider comparing rates with.

Find cheaper rates by being thorough

Some companies do not provide price quotes online and most of the time these small, regional companies prefer to sell through local independent agents. Cheaper Dodge Nitro insurance in Lexington is available from both online companies as well as from insurance agents, and you should be comparing both to have the best rate selection.

People who switch companies do it for many reasons like lack of trust in their agent, not issuing a premium refund, an unsatisfactory settlement offer and even high prices. Whatever your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

When trying to cut insurance costs, make sure you don’t buy lower coverage limits just to save a few bucks. There are many occasions where an insured dropped comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your goal is to purchase a proper amount of coverage at the best price while still protecting your assets.

More information can be found at these links:

• Credit and Insurance Scores (Insurance Information Institute)
• Who Has Affordable Car Insurance Rates for a Honda CR-V in Lexington? (FAQ)
• Who Has Affordable Lexington Auto Insurance for Teenagers? (FAQ)
• Who Has the Cheapest Lexington Auto Insurance for a Dodge Grand Caravan? (FAQ)
• Who Has the Cheapest Auto Insurance Rates for Drivers with Accidents in Lexington? (FAQ)
• Distracted Driving Extends Beyond Texting (State Farm)
• Distracted Driving Statistics (Insurance Information Institute)
• Understanding Rental Car Insurance (Insurance Information Institute)