Best Insurance for a Suzuki Grand Vitara in Lexington

The easiest way to get discount Suzuki Grand Vitara insurance in Lexington is to make a habit of regularly comparing prices from providers who sell auto insurance in Kentucky. You can compare prices by following these steps.

• Step 1: Spend a few minutes and learn about how insurance works and the things you can change to prevent expensive coverage. Many rating factors that cause rate increases like traffic citations and a low credit rating can be eliminated by making minor driving habit or lifestyle changes.
• Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give rate quotes from one company like GEICO or State Farm, while independent agents can provide prices for a wide range of insurance providers.
• Step 3: Compare the quotes to your existing rates to see if a cheaper price is available in Lexington. If you can save money 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: Give notification to your agent or company of your decision to cancel your existing policy and submit a completed application and payment to your new company or agent. Immediately put the new proof of insurance paperwork in your vehicle’s glove compartment or console.

The most important part of this process is to use the same amount of coverage on each quote and and to get price quotes from as many different companies as possible. This ensures an apples-to-apples comparison and a better comparison of the market.

It’s hard to believe, but most car insurance policyholders have stayed with the same insurance company for more than four years, and approximately 38% of consumers have never quoted car insurance rates at all. Kentucky drivers can save about 30% each year, but they just don’t understand the amount of savings they would get if they swap their current policy for a cheaper one.

Locating the best insurance company for you in Lexington is really not that difficult. Just about every person who requires lower cost auto insurance will find a lower price. Although Kentucky drivers must learn the way insurance companies calculate your policy premium and use it to find better rates.

To find cheap rates, there are a couple of ways to compare rate quotes from many available car insurance companies in Kentucky. The best method to find the lowest Suzuki Grand Vitara rates is to use the internet to compare rates.

Doing online rates comparisons is so easy that it replaces the need to make phone calls or go to local Lexington insurance agencies. Shopping for car insurance online reduces the need to sit down with an agent unless you have a complicated situation and need the personal advice that can only be provided by a licensed insurance agent. Although you can find lower rates online but purchase the actual policy in an agency. When quoting car insurance, remember that having more price comparisons provides better odds of finding more affordable rates. Some companies don’t provide online rate quotes, so you should also compare price quotes on coverage from those companies, too.

The following companies offer free quotes in Kentucky. If you wish to find cheaper car insurance in Lexington, we suggest you get rate quotes from several of them in order to find the most competitive rates.

Why you need quality insurance for your Grand Vitara

Even though it can be expensive, maintaining insurance serves several important purposes.

• The majority of states have compulsory liability insurance requirements which means state laws require specific minimum amounts of liability insurance 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 have a lien on your vehicle, most banks will have a requirement that you carry insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the bank will be required to insure your Suzuki for a lot more money and require you to fork over for the much more expensive policy.
• Auto insurance preserves both your assets and your vehicle. It will also provide coverage for many types of medical costs for yourself as well as anyone injured by you. As part of your policy, liability insurance will also pay attorney fees if you cause an accident and are sued. If your Suzuki gets damaged, collision and comprehensive coverages will pay to have it repaired.

The benefits of carrying adequate insurance more than cancel out the cost, especially if you ever need it. Despite what companies tell you, the average driver overpays as much as $865 each year so compare quotes from several companies at every renewal to make sure the price is not too high.

Coverage information

The premium information displayed next outlines detailed analysis of insurance rates for Suzuki Grand Vitara models. Having knowledge of how insurance quotes are figured can help guide drivers when making informed decisions when comparing rate quotes.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can impact premiums greatly.

How high should deductibles be?

When comparing insurance rates, the most common question is where to set your physical damage deductibles. The rates shown below illustrate the difference in cost when you select higher and lower coverage deductibles. The first data set uses a $250 comprehensive and collision deductible and the second price chart uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Rates do not factor in vehicle location which can modify insurance rates greatly.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you roughly $14 more each month or $168 annually than selecting the higher $500 deductible. Since you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to average at a minimum 18 months between claims, you would probably come out ahead if you choose a higher deductible. The table below illustrates an example of how this decision is made.

One important issue to know is that a higher deductible means you pay more out-of-pocket when you file a claim. That will necessitate some funds available in order to pay the higher deductible in order to repair your vehicle.

Violations and accidents raise rates

The diagram below highlights how traffic violations and accidents can drive up Suzuki Grand Vitara insurance rates for each different age group. The premiums assume a married female driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.

Insurance rates based on gender

The information below compares Suzuki Grand Vitara insurance costs for male and female drivers. The data assumes no violations or accidents, full physical damage coverage, $500 deductibles, single marital status, and no additional discounts are factored in.

Auto insurance discounts are available to get cheap rates

Some providers don’t list the entire discount list in a way that’s easy to find, so we break down both the well known in addition to some of the lesser obvious credits available to you.

• Drive Safe and Save – Drivers who avoid accidents can pay as much as 50% less compared to accident prone drivers.
• Passive Restraints and Air Bags – Vehicles with factory air bags could see savings of 20% or more.
• Driver Training Discounts – Participating in a defensive driving course can save you 5% or more and easily pay for the cost of the class.
• E-sign – A few larger companies will give a small break for completing your application on the web.
• Discount for Life Insurance – Not all companies offer life insurance, but some may give you a discount if you purchase life insurance from them.
• Anti-lock Brakes – Cars equipped with ABS or steering control are much safer to drive and therefore earn up to a 10% discount.
• Driver’s Ed – Teen drivers should enroll in driver’s education as it will make them better drivers and lower rates.

Don’t be shocked that some of the credits will not apply to the overall cost of the policy. Most only reduce individual premiums such as liability, collision or medical payments. Despite the fact that it seems like having all the discounts means you get insurance for free, it’s just not the way it works.

The illustration below illustrates the difference between Suzuki Grand Vitara annual premium costs with and without discounts being applied to the rates. The premiums are based on a male driver, no accidents or driving violations, Kentucky state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, homeowner, multi-policy, multi-car, and marriage discounts applied.

Larger auto insurance companies and some of their more popular discounts are outlined below.

• GEICO offers premium reductions for membership and employees, anti-theft, driver training, defensive driver, federal employee, and multi-policy.
• MetLife may offer discounts for claim-free, accident-free, multi-policy, defensive driver, good driver, and good student.
• Progressive may include discounts for continuous coverage, online quote discount, multi-policy, online signing, good student, and multi-vehicle.
• Travelers discounts include early quote, hybrid/electric vehicle, home ownership, driver training, multi-policy, and save driver.
• SAFECO has savings for teen safe driver, teen safety rewards, anti-lock brakes, drive less, anti-theft, and multi-car.
• AAA has discounts for good driver, multi-policy, education and occupation, multi-car, and good student.

Before you buy a policy, ask all the companies to apply every possible discount. Some of the discounts discussed earlier might not be available to policyholders in Lexington. If you would like to view companies with discount auto insurance rates in Lexington, follow this link.

Auto insurance is available from your local insurance agencies

Some people still like to go talk to an agent and there is nothing wrong with that. A good thing about getting free rate quotes online is you may find the best rates and also buy local.

Once you complete this form (opens in new window), the coverage information is immediately sent to participating agents in Lexington that can provide free Lexington car insurance quotes and help you find cheaper coverage. There is no reason to find an agent as quotes are delivered directly to your email. You can most likely find cheaper rates without having to waste a lot of time. In the event you want to get a price quote from a specific company, feel free to jump over to their website and fill out their quote form.

Finding the right insurer needs to be determined by more than just a cheap quote. These questions are important to ask:

• Will they make sure you get an adequate claim settlement?
• What insurance company do they write the most business with?
• Does the agency have a good rating with the Better Business Bureau?
• Can you use your own choice of collision repair facility?
• Do the agents have professional certifications like CPCU or CIC?

The following is a short list of insurers in Lexington willing to provide comparison quotes for Suzuki Grand Vitara insurance in Lexington.

View more Lexington agents

Insurance can be complex

When choosing a policy for your personal vehicles, there really isn’t a one-size-fits-all type of policy. Coverage needs to be tailored to your specific needs and your insurance should be unique as well.
Here are some questions about coverages that could help you determine if you would benefit from an agent’s advice.

• Do I need PIP (personal injury protection) coverage in Kentucky?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Is my business laptop covered if it gets stolen from my vehicle?
• Is my Suzuki Grand Vitara covered for flood damage?
• How high should my uninsured/underinsured coverage be in Kentucky?
• Are combined or split liability limits better?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Affordable auto insurance rates are out there

As you shop your coverage around, never buy lower coverage limits just to save a few bucks. Too many times, consumers will sacrifice uninsured motorist or liability limits to discover at claim time that the small savings ended up costing them much more. Your objective should be to buy enough coverage at an affordable rate while still protecting your assets.

Cost effective Suzuki Grand Vitara insurance can be bought both online as well as from insurance agents, and you need to price shop both so you have a total pricing picture. Some companies may not have online price quotes and these smaller providers prefer to sell through local independent agents.

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• Who Has Affordable Lexington Auto Insurance for Teenagers? (FAQ)
• Learn About Car Insurance (GEICO)
• Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
• Property Damage Coverage (Liberty Mutual)
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