Posted on February 22, 2018
Q: I need to buy car insurance in Kentucky and was wondering if the discount car insurance Kentucky has to offer is as good as a full priced policy? Any help would be much appreciated.
A: Discount car insurance in Kentucky has to be at least as good as the state required minimum so you should be covered to that extent regardless of what type of policy you buy.
People often mean different things when they say discount auto insurance so to be sure it truly is a discount make sure that there are not similar deals being offered by more established companies. This is not to say smaller insurance companies are not trustworthy, but why take the chance if you don’t have to?
Regardless of where you buy your car insurance or what you pay for it the minimum coverage amounts must be met by the insurance company. The places discount auto insurance brokers often save money are by having less staff. so be prepared to deal with customer service issues in some cases.
Discount car insurance in Kentucky, or any other state for that matter, should be enough to meet your needs if all you expect is bare minimum coverage.
Lastly, we strongly recommend that you compare discounted auto insurance rates online from several different companies. Comparison shopping will allow you to find the best deal on coverage, and will ensure that you have the highest quality coverage as well. Good luck with your search, and remember to get several different rates before making a decision!
Posted on February 16, 2018
If you need Kentucky auto insurance, you are going to be amazed by the many different policy options that are available to you today. Most companies offer several different products to their customers and there are hundreds of companies to choose from. The following guide will help you sort through the wide array of options that are currently available to you and help you find the best policy for your family.
Tip 1 – Use a broker. Insurance brokers benefit by making sales to their customers, but they are a great source of factual information. These professionals can also supply you with practical advice too. Whether you are having a difficult time defining the amount of coverage your family requires, or you are simply confused by terms like deductibles and premiums, a broker can answer all of your questions.
Tip 2 – Consult with a financial planner before purchasing insurance products. In many cases, consumers have underinsured themselves. If you are underinsured, you might not be as protected as you think. If you get into an accident while you are underinsured, and the accident is your fault, you might get sued if the total damages exceed the amount of coverage your policy provides. A financial planner can help you find the right amount of coverage to keep your family safe.
A financial planner can also help you avoid buying too much insurance too. If you purchase too much insurance, you will end up spending much more money per month than you need to. A financial planner can guide you to the policies that will protect you from potentially expensive medical bills and property damage bills by assessing your current financial situation and the general cost of medical bills.
Tip 3 – Take time to shop around before selecting a policy. Many people simply purchase their coverage from companies that claim they can save consumers money. You might get a good deal by going with a reputable company that saves their customers money, but you will have a better chance of finding a great deal if you shop around.
You can easily shop around by utilizing online resources. There are many websites online today that can compare hundreds of Kentucky auto insurance policies for you in under 10 minutes. By taking advantage of these resources, you will not only be able to estimate how much your coverage will cost you, but you will also be able to find the most affordable policies in the industry too.
Posted on February 10, 2018
When you purchase a new home, the last thought on your mind is what you’ll do should it be destroyed in a fire or natural disaster. Unfortunately homes are damaged each and every day and the homeowners are left to pick up the pieces and try to move forward. Having adequate homeowner’s insurance in place makes this a much easier process.
In Kentucky homeowner’s insurance is not required by state law. Many lenders in the state do require that you have a policy in place before they will find your mortgage. Some residents have taken the attitude that canceling their policy after receiving their mortgage is a good idea. It’s not. Should the home be permanently destroyed the lender will want to recoup their loss and without insurance, the homeowner becomes personally, financially responsible.
Cost is often a deciding factor in whether to obtain and maintain homeowner’s insurance. There are ways to get affordable insurance in Kentucky. Discounts are a great way to lower premium costs and just about everyone can qualify for at least one of the available discounts.
For instance, installing a home security system is something many people do. They do it to ensure their belongings, and their family is safe. Doing this can have another benefit and that’s reduced insurance costs. Another safety related insurance discount is the presence of deadbolt locks. Thieves are much less likely to break into a residence that has these. Considering that they are relatively inexpensive to install and result in premium savings, it’s a wonder more people don’t take advantage of them. The same can be said for smoke alarms. They have been proven to save lives and also offer a discount on premiums.
Homeowners should take the time to learn about all available discounts and then try and qualify for as many as possible. This results in extensive insurance coverage at a great price.