The cost of auto insurance in Kansas is always on the rise and that is why many people are looking for means to cut down their current insurance rates. No matter how much you are paying now, the good news is that, you can actually reduce it as much as 50% by just following the easy, simple and proven strategies that have worked for many people and should work for you as well.
If your vehicle is equipped with state-of-the art safety features, then you are entitled for a discount. Safety features include but not limited to air bags, automatic seatbelts, anti-theft alarms and monitoring system, ABS and traction control. Write down all the safety features found in your car and mention them to your insurance company.
Changing your deductibles will have a tremendous impact on your insurance premiums. Most auto insurance companies offer Collision and Comprehensive coverage for your car. Collision applies when you hit someone and/or someone hits on you. On the other hand, a comprehensive coverage covers all the cost and damages incurred. There is at least $500 deductible for each coverage and $1,000 when combined.
Property Damage Liability refers to the cost of the properties that sustains damage during the accident such as mailboxes or utility poles. Lowering it down could significantly change the monthly premiums too. There is no point of maintaining a $100,000 coverage for mailboxes and poles, right? For most cases, a property damage worth $50,000 should suffice so take time and review your contract to determine how much you are paying for it. In case where you have a very limited asset or no assets at all, you can still lower it down to $25,000 or ask how much is the states’ minimum requirement.
Most of the policies today have a 50 / 100 / 100. The first two figures refer to the liability coverage for the injuries during the accident, $50,000 per person and $100,000 per accident respectively. The third figure refers to the property liability damage that needs some adjustments. Have you seen yours already?
Like the other insurance features, bodily injury liability can also be changed. Although required by the State, many people still end up paying more than what they need. This type of policy coverage is important because it covers all the passengers in the car, all the passengers on the other party’s car and the innocent pedestrians.
You also need to review the uninsured / underinsured insurance coverage. Changing this well significantly decrease your insurance premiums for several hundred dollars each year.
For most people, they thought that uninsured / underinsured insurance coverage is there to repair the damages when they are hit by a car with no insurance or from someone with an inferior insurance coverage. This is not entirely correct. If a car hits you, the damages are most likely to be covered using the collision coverage and other premium paid policies.
