Are you searching for cheaper Mercury Sable insurance in Lexington? If you’re looking for cheaper insurance, do you get overwhelmed by the sheer number of auto insurance providers available to you? Many other drivers are too. Kentucky consumers have so many providers available that it is a challenge to find better prices for Mercury Sable insurance in Lexington. Lexington is a good city to live in, but having to pay for pricey auto insurance makes it difficult to be able to afford adequate coverage.
Steps to buying cheaper Mercury Sable insurance in Lexington
If you want to save money, the best way to get more affordable car insurance rates in Lexington is to compare quotes once a year from companies who provide auto insurance in Kentucky.
- Gain an understanding of how auto insurance works and the steps you can take to prevent expensive coverage. Many policy risk factors that result in higher rates such as distracted driving and an unfavorable credit rating can be amended by making lifestyle changes or driving safer. Keep reading for additional ideas to help reduce prices and earn a bigger discount.
- Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from a single company like Progressive or State Farm, while independent agencies can quote rates for many different companies. View a list of agents
- Compare the price quotes to the premium of your current policy to determine if switching companies saves money. If you find a lower rate quote and switch companies, make sure coverage is continuous and does not lapse.
A crucial key to this process is to make sure you enter the same coverage limits and deductibles on each quote and and to compare all possible companies. This provides a fair rate comparison and maximum price selection.
Amazingly, most auto insurance policyholders kept their policy with the same company for more than four years, and almost 40% of drivers have never even compared rates from other companies. Lexington drivers could save themselves approximately $630 a year just by getting comparison quotes, but they don’t know the actual amount they would save if they bought a different policy.
Most companies give prices for coverage directly from their websites. This process is fairly straightforward because you just enter your coverage preferences into a form. Once entered, the system collects your driving record and credit report and returns pricing information based on the information you submitted.
Being able to quote online for Mercury Sable insurance in Lexington makes it a lot easier to compare rates and it’s necessary to do this in order to find a lower rate.
To use this form to compare rates, compare rates from the companies below. If you have your current policy handy, we recommend you duplicate coverages and limits just like they are on your policy. Doing this assures you will be getting a price comparison based on similar coverages.
The companies shown below are our best choices to provide comparison quotes in Lexington, KY. If multiple companies are listed, we suggest you click on several of them to find the lowest car insurance rates.
Three reasons to not skimp on insurance
Despite the high cost of buying insurance for a Mercury Sable in Lexington, insurance serves several important purposes.
- Most states have minimum mandated liability insurance limits which means you are required to carry a specific level of liability protection in order to get the vehicle licensed. 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 took out a loan on your Mercury Sable, most banks will stipulate that you buy full coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the bank or lender will purchase a policy for your Mercury at a much higher rate and require you to pay the higher premium.
- Insurance safeguards not only your car but also your financial assets. Insurance will pay for many types of medical costs for you, any passengers, and anyone injured in an accident. As part of your policy, liability insurance will also pay to defend you if you are sued as the result of an accident. If you have damage to your Mercury as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of carrying adequate insurance more than offset the price you pay, specifically if you ever have a liability claim. But the average driver in Kentucky is overpaying over $830 a year so it’s recommended you shop around every year to make sure the price is not too high.
Insurance Price Influencing Factors
When buying insurance it’s important to understand the different types of things that help calculate your premiums. If you know what determines base rates, this allows you to make good choices that may reward you with big savings.
The factors shown below are just a few of the factors used by insurance companies to determine rates.
- Driving citations inflate premiums – Careful drivers pay less for auto insurance than bad drivers. Even one citation can increase rates to the point where it’s not affordable. Drivers who get severe violations like reckless driving, hit and run or driving under the influence may find they need to prove financial responsibility with their state in order to drive a vehicle legally.
- Poor credit can mean higher prices – Having a good credit history factor in determining what you pay. If your credit rating could use some work, you could pay less to insure your Mercury Sable by repairing your credit. People that have good credit tend to file fewer claims as compared to drivers with lower credit scores.
- Performance makes a difference – The performance of the car, truck or SUV you need insurance for makes a huge difference in your auto insurance rates. The lowest rates are usually found on smaller low performance passenger cars, but your final cost has many other factors.
- More traffic equals higher costs – Residing in less populated areas is a good thing if you are looking for the lowest rates. Fewer drivers on the road means less chance of accidents and a lower car theft rate. People in densely populated areas have more aggressive driving styles and more severe claims. Higher commute times translates into higher accident risk.
- Cheaper rates after marriage – Getting married can actually save you money on your insurance bill. Marriage usually means you are less irresponsible and statistics show married drivers get in fewer accidents.
- Job can influence rates – Jobs such as military personnel, business owners, and stock brokers tend to pay higher rates than the rest of us attributed to intense work situations and long work days. On the other hand, professions such as actors, historians and homemakers have lower than average premiums.
- The more you drive the more you pay – The more you drive in a year’s time the more you’ll pay to insure it. Many insurance companies charge to insure your cars based upon how the vehicle is primarily used. Autos that are left in the garage receive better premium rates than those that get driven frequently. An incorrectly rated Sable may be wasting your money. It’s always a good idea to double check that your vehicle rating reflects how each vehicle is driven, because improper ratings can cost you money.
Car insurance is unique, just like you
When it comes to coverage online or from an agent for your personal vehicles, there really isn’t a one size fits all plan. Everyone’s situation is a little different.
These are some specific questions may help highlight if your insurance needs might need professional guidance.
- Do I need special coverage while pulling a rented trailer?
- Is my business laptop covered if it gets stolen from my vehicle?
- If my car is totaled with they pay enough to replace it?
- Do I benefit by insuring my home with the same company?
- Does my liability insurance cover pulling a trailer or camper?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Do I need rental car coverage?
- How do I file an SR-22 for a DUI in Kentucky?
- Do I have coverage for damage caused while driving under the influence?
- Why is insurance for a teen driver so high in Lexington?
If you can’t answer these questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form.
What is the best auto insurance company in Kentucky?
Finding the best insurance provider is difficult considering how many different companies there are to choose from in Lexington. The company rank data shown next can help you pick which auto insurers you want to consider shopping prices with.
Top 10 Lexington Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Erie Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
- Allstate – A+
One last thing about your coverage
Discount Mercury Sable insurance in Lexington can be purchased on the web as well as from independent agents in Lexington, and you need to comparison shop both in order to have the best price selection to choose from. Some insurance providers may not offer the ability to get quotes online and these smaller providers only sell coverage through local independent agents.
Drivers who switch companies do it for a variety of reasons including denial of a claim, being labeled a high risk driver, policy cancellation or unfair underwriting practices. It doesn’t matter why you want to switch finding the right insurance provider is not as difficult as it may seem.
You just read some good ideas how to shop for Mercury Sable insurance online. The key thing to remember is the more companies you get prices for, the better your comparison will be. You may even find the biggest savings come from a smaller regional carrier.
Steps to finding more affordable Mercury Sable insurance in Lexington
The recommended way to find more affordable Mercury Sable insurance in Lexington is to regularly compare price quotes from companies who provide car insurance in Kentucky. You can compare rates by following these steps.
Step 1: Try to comprehend what is in your policy and the things you can control to prevent expensive coverage. Many rating factors that drive up the price such as traffic citations and an unacceptable credit history can be rectified by making small lifestyle or driving habit changes.
Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can provide rates from one company like Progressive and State Farm, while agents who are independent can quote prices from many different companies.
Step 3: Compare the new rates to your existing coverage to see if you can save by switching companies. If you find better rates and change companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
Step 4: Tell your current agent or company of your decision to cancel the current policy. Submit payment along with a signed and completed policy application to the new company. Be sure to place the new proof of insurance certificate in your vehicle’s glove compartment or console.
The key thing to know about shopping around is to use identical deductibles and limits on every price quote and and to analyze as many carriers as you can. This guarantees a fair rate comparison and the best price selection.
More tips and info about insurance is available at these sites:
- Teen Driver Licensing Information (iihs.org)
- Who Has Cheap Car Insurance for Welfare Recipients in Lexington? (FAQ)
- Who Has the Cheapest Lexington Car Insurance Rates for Drivers Under 21? (FAQ)
- Who Has Cheap Lexington Car Insurance Quotes for Business Use? (FAQ)
- What Auto Insurance is Cheapest for a Learners Permit in Lexington? (FAQ)
- Vehicle Insurance (Wikipedia)
- Older Drivers FAQ (iihs.org)
- Should I Buy a New or Used Car? (Allstate)
- How do I File a Claim? (Insurance Information Institute)