Finding low cost coverage rates for Mitsubishi Endeavor insurance in Lexington is kind of frustrating for drivers not familiar with quoting coverage prices online. Drivers have so many options that it can easily become a big hassle to find more affordable coverage rates on Mitsubishi Endeavor insurance.
How to quote cheaper Mitsubishi Endeavor insurance in Lexington
If you want to save the most money, the best way to get the cheapest Mitsubishi Endeavor insurance is to do an annual price comparison from providers that insure vehicles in Lexington.
- Read and learn about how your policy works and the measures you can control to prevent expensive coverage. Many factors that cause high rates such as speeding and poor credit history can be improved by improving your driving habits or financial responsibility.
- Quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from one company like GEICO and State Farm, while independent agents can provide rate quotes from multiple companies.
- Compare the price quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate quote and buy the policy, make sure coverage is continuous and does not lapse.
A good tip to remember is to make sure you’re comparing identical deductibles and limits on every quote and and to analyze as many car insurance companies as possible. This helps ensure an accurate price comparison and the best price selection.
A recent NerdWallet.com study revealed that most auto insurance policyholders have been with the same company for a minimum of four years, and approximately 40% of consumers have never compared rates to find lower-cost insurance. Consumers in Kentucky could save approximately 30% a year just by comparing rates, but they don’t invest the time required to find lower-cost rates by getting comparison quotes.
It’s a great practice to get comparison quotes periodically because insurance prices change regularly. Even if you got the best rates on Mitsubishi Endeavor insurance in Lexington a year ago you will most likely find a better premium rate today. Ignore everything you know about auto insurance because you’re about to learn how to quote online to properly buy coverages while reducing your premium.
If you have coverage now, you will be able to save money using the concepts you’re about to learn. Shopping around for the best-priced car insurance coverage in Lexington is actually quite simple. But Kentucky car owners can benefit from knowing the way companies compete online and take advantage of how the system works.
Car insurance providers offering cheap price quotes in Kentucky
The companies shown below provide free quotes in Kentucky. To buy cheaper auto insurance in KY, we suggest you click on several of them to get the most competitive price.
Rate information and statistics
The data table shown below showcases different insurance costs for Mitsubishi Endeavor models. Being more informed about how insurance rates are figured can be of help when making decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Endeavor LS 2WD | $152 | $262 | $334 | $20 | $100 | $868 | $72 |
| Endeavor LS AWD | $152 | $262 | $334 | $20 | $100 | $868 | $72 |
| Endeavor SE 2WD | $152 | $262 | $334 | $20 | $100 | $868 | $72 |
| Endeavor SE AWD | $170 | $262 | $334 | $20 | $100 | $886 | $74 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Table data does not factor in garaging location in Lexington which can alter auto insurance rates considerably.
Policy deductible comparison
One frequently asked question is how high should the physical damage deductibles be. The rates shown below sum up the rate differences when you select higher and lower physical damage deductibles. The first rate table uses a $250 comprehensive and collision deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Endeavor LS 2WD | $252 | $426 | $326 | $20 | $98 | $1,147 | $96 |
| Endeavor LS AWD | $252 | $426 | $326 | $20 | $98 | $1,147 | $96 |
| Endeavor SE 2WD | $252 | $426 | $326 | $20 | $98 | $1,147 | $96 |
| Endeavor SE AWD | $284 | $426 | $326 | $20 | $98 | $1,179 | $98 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Endeavor LS 2WD | $156 | $268 | $326 | $20 | $98 | $868 | $72 |
| Endeavor LS AWD | $156 | $268 | $326 | $20 | $98 | $868 | $72 |
| Endeavor SE 2WD | $156 | $268 | $326 | $20 | $98 | $868 | $72 |
| Endeavor SE AWD | $176 | $268 | $326 | $20 | $98 | $888 | $74 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Rate quotes do not factor in your specific Lexington location which can lower or raise prices substantially.
Using the premium rates above, we can conclude that using a $250 deductible would cost the average driver about $24 more each month or $288 annually than selecting the higher $1,000 deductible. Because you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 31 months between claim filings, you would probably save some money if you choose a higher deductible. Below is a better example of how this determination is made.
| Average monthly premium for $250 deductibles: | $97 |
| Average monthly premium for $1,000 deductibles (subtract): | – $73 |
| Monthly savings from raising deductible: | $24 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $24 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 31 months |
An important sidenote is that increasing deductibles to lower your rates means you will have to pay more when you do file a claim. You will want to have some savings in the event you need to pay the deductible.
Car insurance rates based on gender in Lexington
The example below shows the comparison of Mitsubishi Endeavor insurance prices for male and female drivers. The prices are based on a clean driving record, no claims, comp and collision included, $250 deductibles, drivers are not married, and no additional discounts are factored in.
Mitsubishi Endeavor full coverage rates compared to liability only
The information below shows the difference between Mitsubishi Endeavor car insurance rates with full physical damage coverage compared to only buying liability only. The costs are based on no tickets, no at-fault accidents, $500 deductibles, single marital status, and no discounts are factored in.
When to eliminate full coverage
There is no definitive formula to stop paying for physical damage coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Mitsubishi Endeavor claim settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $8,000 after the policy deductible has been paid. If you are currently paying more than $800 annually for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are some conditions where buying only liability insurance is not recommended. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.
Discounts mean cheaper rates for Mitsubishi Endeavor insurance in Lexington
Companies that sell car insurance do not advertise the entire discount list very clearly, so the list below gives a summary of both well-publicized and the more hidden discounts that you may qualify for.
- E-sign – Certain companies will give you a small discount just for signing your application online.
- Federal Government Employee – Being employed by or retired from a federal job may reduce rates when you quote Lexington auto insurance with select insurance companies.
- Early Renewal Discounts – Some car insurance companies give discounts for switching to them early. You could save around 10% when you buy Lexington auto insurance online.
- Save over 55 – Drivers that qualify as senior citizens can get a small decrease in premiums.
- Anti-theft System – Anti-theft and alarm system equipped vehicles can help prevent theft so companies will give you a small discount.
- Waiver for an Accident – Not necessarily a discount, but some insurance companies permit an accident without the usual rate increase so long as you are claim-free for a certain period of time.
- Pay Now and Pay Less – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
- Distant Student – Kids who are enrolled in a college that is more than 100 miles from Lexington and do not have access to a covered vehicle could get you a discount.
- Safety Course Discount – Participating in a course in defensive driver could save 5% or more if you qualify.
- Seat Belts Save more than Lives – Forcing all vehicle occupants to fasten their seat belts could save 15% on medical payment and PIP coverage.
Drivers should understand that some of the credits will not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it appears all those discounts means the company will pay you, insurance companies wouldn’t stay in business. Any amount of discount will definitely reduce your policy premium.
The example below visualizes the comparison of Mitsubishi Endeavor insurance prices with and without policy discounts. The price estimates are based on a male driver, no accidents, no driving violations, Kentucky state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, multi-policy, safe-driver, marriage, and homeowner discounts applied.
A list of car insurance companies and their offered discounts are detailed below.
- GEICO offers discounts for multi-policy, federal employee, multi-vehicle, emergency military deployment, membership and employees, and seat belt use.
- SAFECO offers premium reductions for safe driver, homeowner, teen safety rewards, multi-car, accident prevention training, and teen safe driver.
- State Farm has savings for anti-theft, good student, driver’s education, Drive Safe & Save, multiple policy, and accident-free.
- MetLife discounts include claim-free, good driver, defensive driver, accident-free, and multi-policy.
- 21st Century may have discounts that include teen driver, driver training, automatic seat belts, early bird, and good student.
- Progressive has discounts for multi-policy, homeowner, online quote discount, continuous coverage, multi-vehicle, online signing, and good student.
It’s a good idea to ask every insurance company which discounts you qualify for. Some discounts listed above might not be offered in every state. To choose car insurance companies who offer discounts in Kentucky, click this link.
Tailor your car insurance coverage to you
Always remember that when buying insurance from an agent or online, there really is not a one size fits all plan. Everyone’s situation is unique.
Here are some questions about coverages that can help discover whether or not you might need an agent’s assistance.
- Should I drop comprehensive coverage on older vehicles?
- Is my nanny covered when transporting my kids?
- Exactly who is provided coverage by my policy?
- Can I use my car for my catering business?
- Does my policy cover me if I wreck while driving under the influence?
- Does coverage follow the driver or the vehicle?
- Will I be non-renewed for getting a DUI or other conviction?
- Does coverage extend to Mexico or Canada?
- Is business property covered if stolen from my car?
If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form.
Get rate quotes but buy from a local Lexington insurance agent
Some people still prefer to get professional advice from a licensed agent and that is recommended in a lot of cases One of the best bonuses of comparing rate quotes online is you may find cheap auto insurance rates and still have a local agent. Buying insurance from neighborhood agents is especially important in Lexington.
After completing this short form, the quote information is submitted to agents in your area that can provide free Lexington auto insurance quotes for your coverage. You don’t have to leave your house due to the fact that quote results will go immediately to you. Get lower rates without the usual hassles of price shopping. If you wish to get a rate quote from one company in particular, just visit that company’s website to submit a rate quote request.
If you’re trying to find a good insurance agency, there are two different agency structures that you can select. Lexington agents are categorized either independent (non-exclusive) or exclusive.
Independent Auto Insurance Agencies
These type of agents can sell policies from many different companies and that is an advantage because they can write policies with an assortment of companies and possibly get better coverage at lower prices. To move your coverage to a new company, your agent can just switch to a different company and you don’t have to do anything.
If you are comparing auto insurance prices, we recommend you compare prices from a few independent agents to have the best price comparison. Many independent agencies also insure through lesser-known insurance companies that may provide cheaper auto insurance rates.
The following is a list of independent agents in Lexington that may be able to give competitive price quotes.
- Al Jones Insurance Agency
274 Southland Dr, Suite #106A – Lexington, KY 40503 – (859) 276-0400 – View Map - Heritage Insurance Agency
3306 Clays Mill Rd #106 – Lexington, KY 40503 – (859) 219-1122 – View Map - Kentucky Insurance Inc
1750 Alexandria Dr – Lexington, KY 40504 – (859) 277-8877 – View Map
Exclusive Auto Insurance Agencies
Agents in the exclusive channel normally can only provide a single company’s rates such as State Farm or Allstate. These agents are unable to shop your coverage around so you need to shop around if the rates are high. Exclusive insurance agents are highly trained on the products they sell which helps them sell insurance even at higher premiums. Some people will only buy from the same agent for years mainly due to the prominence of the brand and solid financial strength.
Listed below are Lexington exclusive insurance agents willing to provide rate quotes.
- Allstate Insurance: Mike Ison
2121 Richmond Rd Ste 145 – Lexington, KY 40502 – (859) 268-8850 – View Map - Allstate Insurance: Joshua Williams
2240 Executive Dr Ste 103 – Lexington, KY 40505 – (859) 243-0162 – View Map - Kentucky Farm Bureau Insurance Fayette County – Versailles Rd
1316 Versailles Rd – Lexington, KY 40504 – (859) 253-1626 – View Map
Selecting a insurance agency is decision based upon more than just the bottom line cost. Below are some questions you should ask.
- Is the agent properly licensed in Kentucky?
- Is working in the agency their full-time job?
- Is there a 24/7 contact number?
- Who is covered by the car insurance policy?
- How much experience to they have in personal lines coverages?
- Do they reduce claim amounts on high mileage vehicles?
- Do they carry Errors and Omissions coverage?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
Which car insurance company is best in Kentucky?
Insuring your vehicle with the best car insurance company can be challenging considering how many companies there are in Lexington. The information in the next section could help you select which coverage providers you want to consider comparing rates from.
Top 10 Lexington Car Insurance Companies Ranked by Claims Service
- Travelers
- Allstate
- Nationwide
- State Farm
- GEICO
- Liberty Mutual
- American Family
- Esurance
- AAA Insurance
- The Hartford
Top 10 Lexington Car Insurance Companies Ranked by Value
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- Erie Insurance
- The General
- Esurance
- 21st Century
Quote more and you will save more
Insureds change insurance companies for any number of reasons including not issuing a premium refund, denial of a claim, being labeled a high risk driver or high prices. Whatever your reason, finding a great new company can be easier than you think.
When buying insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. Too many times, an insured cut liability limits or collision coverage only to discover later that it was a big error on their part. Your goal is to purchase plenty of coverage at the best price.
Lower-priced Mitsubishi Endeavor insurance in Lexington can be bought from both online companies and also from your neighborhood Lexington agents, so you need to quote Lexington auto insurance with both so you have a total pricing picture. Some insurance companies do not provide the ability to get quotes online and many times these smaller providers only sell coverage through independent insurance agencies.
Steps to finding discount Mitsubishi Endeavor insurance in Lexington
If you want to save money, the best way to get discount auto insurance rates in Lexington is to make a habit of regularly comparing prices from insurers that sell auto insurance in Kentucky.
First, it will benefit you to learn about what coverages are included in your policy and the things you can control to lower rates. Many factors that cause rate increases like at-fault accidents, careless driving, and poor credit history can be eliminated by making minor changes in your lifestyle.
Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like GEICO and Allstate, while agents who are independent can quote rates from multiple companies. Compare rates
Third, compare the quotes to your existing policy to see if switching to a new carrier will save money. If you find a lower rate quote and make a switch, make sure coverage is continuous and does not lapse.
Fourth, provide adequate notice to your current company of your decision to cancel your current auto insurance policy. Submit payment along with a signed and completed policy application to your new agent or company. Immediately upon receiving it, keep your new proof of insurance paperwork in a readily accessible location in your vehicle.
One thing to point out is that you’ll want to compare similar deductibles and liability limits on every quote and and to compare as many different companies as possible. This enables an apples-to-apples comparison and plenty of rates choose from.
Even more information can be found by following these links:
- Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)
- Who Has the Cheapest Lexington Car Insurance Rates for Drivers Under 21? (FAQ)
- How Much is Lexington Auto Insurance for a Company Car? (FAQ)
- What if I Can’t Find Coverage? (Insurance Information Institute)
- Electronic Stability Control FAQ (iihs.org)
- Auto Insurance 101 (About.com)
- Understanding Rental Car Insurance (Insurance Information Institute)