Would you like to stop wasting money and find the cheapest insurance rates in Derby, KS? Did you fall for a flashy sales pitch and buy an underperforming, overpriced insurance policy? You're in good company because many Derby consumers feel financially strained by their insurance policy.

Unbelievable but true according to a study a large majority of consumers kept buying from the same company for more than four years, and roughly 40% of drivers have never shopped around. With the average premium in Kansas being $1,600, drivers can cut their rates by about 55% a year just by shopping around, but they don't know how much savings they would realize if they replace their high priced policy. Consumers have many car insurance companies to choose from, and although it's a good thing to have a selection, it can be more difficult to find the lowest rates.

It's smart to compare rates periodically because insurance rates change frequently. If you had the lowest rate on insurance a couple years back a different company probably has better prices today. Forget all the misinformation about insurance because I'm going to teach you the things you must know in order to remove unneeded coverages and save money.

Pricing the lowest cost protection in Derby can be fairly easy. If you have coverage now or just want a better rate, you will benefit by learning to find better prices without having to cut coverage. Drivers just have to use the proper methods to compare different rates online from multiple companies.

The cheapest Derby insurance

Getting a cheaper price on insurance can be surprisingly simple. You just need to spend a little time getting comparison quotes from online providers.

Comparing rate quotes online is fast and free, and it takes the place of having to call or drive to all the different Derby insurance agencies. Comparing insurance rate quotes online makes this process obsolete unless you require the professional assistance of an agent trained in personal lines coverage. Some companies do allow you to get prices online but purchase the actual policy in an agency.

The companies shown below can provide quotes in Kansas. If more than one company is shown, we recommend you visit as many as you can in order to find the most affordable rates.

Insurance Cost Estimates for Popular Vehicles in Derby
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LT Crew Cab 2WD $1,038 $519 $87
Dodge Ram Crew Cab ST 2WD $1,232 $616 $103
Ford Escape XLT 2WD $858 $429 $72
Ford Explorer Limited AWD $1,142 $571 $95
Ford F-150 Lariat Crew Cab Harley 4WD $872 $436 $73
Ford Focus S 4-Dr Sedan $944 $472 $79
Honda Accord EX-L 4-Dr Sedan $938 $469 $78
Honda CR-V EX-L 4WD $860 $430 $72
Honda Civic EX 2-Dr Coupe $916 $458 $76
Honda Odyssey EX W/Rear Entertainment $972 $486 $81
Jeep Wrangler Unlimited Rubicon 4WD 4-Dr $1,024 $512 $85
Kia Optima SX $1,306 $653 $109
Nissan Altima 2.5 4-Dr Sedan $866 $433 $72
Toyota Camry SE $712 $356 $59
Toyota Corolla XRS $942 $471 $79
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Prices above based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Kansas minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Rates do not factor in specific location which can alter premiums greatly.

Annual premiums for males versus females in Derby

The information below illustrates the difference between insurance rates for male and female drivers in Derby. The rate quotes are based on no violations or claims, comp and collision included, $1,000 deductibles, drivers are not married, and no discounts are factored in on a Honda Accord LX-P.

Honda Accord rates are for example purposes only. To get rate quotes for your specific vehicle, click here.

Physical damage deductibles

One of the most common car insurance questions is how high should your deductibles be. The comparisons below lay out how much more rates are between high and low physical damage deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second data table uses a $1,000 deductible.

Nissan Altima rates are for example purposes only. To get rates for your specific vehicle, click here.

Nissan Altima insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $222 $372 $286 $16 $86 $1,007 $84
Altima 2.5 S 4-Dr Sedan $222 $440 $286 $16 $86 $1,075 $90
Altima Hybrid 4-Dr Sedan $250 $440 $286 $16 $86 $1,103 $92
Altima 2.5 S 2-Dr Coupe $250 $440 $324 $20 $96 $1,155 $96
Altima 3.5 SR 4-Dr Sedan $250 $440 $286 $16 $86 $1,103 $92
Altima 3.5 SR 2-Dr Coupe $250 $506 $324 $20 $96 $1,221 $102
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Nissan Altima insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $136 $234 $286 $16 $86 $758 $63
Altima 2.5 S 4-Dr Sedan $136 $276 $286 $16 $86 $800 $67
Altima Hybrid 4-Dr Sedan $154 $276 $286 $16 $86 $818 $68
Altima 2.5 S 2-Dr Coupe $154 $276 $324 $20 $96 $870 $73
Altima 3.5 SR 4-Dr Sedan $154 $276 $286 $16 $86 $818 $68
Altima 3.5 SR 2-Dr Coupe $154 $318 $324 $20 $96 $912 $76
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Kansas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Rate quotes do not factor in your specific Derby location which can decrease or increase premiums noticeably.

Based on this data, using a $250 deductible could cost the average driver approximately $24 more each month or $288 each year than choosing the higher $1,000 deductible. Because you would be required to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you average at a minimum 31 months between claims, you would save more money going with the higher deductible.

Full coverage rates compared to liability-only

The example below illustrates the difference between Ford Fusion annual premium costs when comparing full coverage to state minimum liability only. The data is based on no claims, a clean driving record, $100 deductibles, married male driver, and no discounts are taken into consideration.

Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.

Should you be buying full coverage?

There isn't a steadfast formula that is best for determining when to drop full coverage, but there is a general guideline. If the annual cost of having full coverage is 10% or more of the vehicle's replacement cost less your deductible, then you may want to consider only buying liability coverage.

For example, let's pretend your Ford Fusion book value is $5,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $4,000 after paying the physical damage deductible. If premiums are more than $400 annually for your policy with full coverage, then it may be the right time to buy liability only.

There are a few situations where buying only liability insurance is not a good plan. If you haven't satisfied your loan, you have to maintain full coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle in case of an accident, you should not eliminate full coverage.

Discount Derby insurance quotes

Some insurance providers do not list every disount available very well, so we break down a few of the more common and the more hidden credits that you can use to lower your rates.Insurance discounts

Discounts reduce rates, but you should keep in mind that some credits don't apply to all coverage premiums. Some only apply to the price of certain insurance coverages like comprehensive or collision. Even though it appears you would end up receiving a 100% discount, insurance companies wouldn't stay in business.

Larger insurance companies and their offered discounts can be found below.

It's a good idea to ask each company which discounts you may be entitled to. Savings may not apply in your area. For a list of insurers who offer insurance discounts in Derby, follow this link.

When to get advice from a local insurance agent

Some people still prefer to buy from a licensed agent and that can be a great decision Good agents are highly skilled in risk management and help file insurance claims. The best thing about price shopping on the web is that you can find cheap insurance rates and still buy from a local agent. Buying insurance from neighborhood insurance agencies is definitely important in Derby.

Derby insurance agentsTo find an agent, once you fill out this form (opens in new window), your insurance data is submitted to insurance agents in Derby that can give you free Derby auto insurance quotes for your coverage. It makes it easy because there is no need to search for an agent due to the fact that quote results will go to you. If you want to get a price quote from a specific insurance provider, don't hesitate to visit that company's website and give them your coverage information.

Two types of auto insurance agents

When researching a reliable insurance agency, it's important to understand the different types of agencies and how they differ in how they can insure your vehicles. Insurance agents in Derby are categorized either exclusive agents or independent agents. Either one can sell and service insurance coverage, but it's good to learn how they differ since it can affect which agent you choose.

Independent Agencies or Brokers

Agents that elect to be independent can quote rates with many companies and that enables them to quote your coverage through lots of different companies and get you the best rates possible. If they quote lower rates, they simply move the coverage in-house which requires no work on your part. If you are trying to find cheaper rates, we recommend you include independent agents so that you have a good selection of quotes to compare.

Exclusive Insurance Agents

Agents of this type can only provide pricing for a single company and examples are Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents are unable to place coverage with different providers so they have to upsell other benefits. Exclusive insurance agents are usually quite knowledgeable in insurance sales which can be an advantage.

Selecting an insurance agency needs to be determined by more than just a cheap price quote. The answers to these questions are important, too.

After you get positive responses to all your questions as well as a price you're happy with, you may have just found an insurance agency that meets your needs to properly insure your vehicles. But remember, policyholders can cancel your coverage at any point so never assume that you're stuck with a policy for the full term.

You have control over your insurance costs

A large part of saving on insurance is knowing some of the elements that aid in calculating your policy premiums. If you understand what determines premiums, this allows you to make educated decisions that could result in cheaper rates.

High credit scores save money - Having a good credit score can be an important factor in calculating your insurance rates. People that have very high credit ratings tend to be better risks to insure than drivers with poor credit scores. So if your credit can use some improvement, you could pay less to insure your vehicle if you improve your credit rating.

Incidental coverages that may not be needed - There are many extra add-on coverages that you can buy if you aren't careful. Things like rental car coverage, high-cost glass coverage, and term life insurance are some examples. They may sound like good ideas when deciding what coverages you need, but your money might be better spent on other coverage so eliminate them to save money.

Liability protection preserves assets - Your policy's liability coverage is the coverage that protects you in the event that a jury decides you are liable for damages caused by your negligence. Liability insurance provides legal defense coverage up to the limits shown on your policy. It is affordable coverage when compared with rates for comp and collision, so buy as much as you can afford.

Raising coverage deductibles lowers premiums - Physical damage coverage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Examples of covered claims are a broken windshield, damage caused by hail, and windstorm damage. Physical damage deductibles are the amount of money you are required to pay if you file a covered claim. The more money the insured has to pay upfront, the lower your rates will be.

Theft deterrents save - Driving a car with an alarm system can get you a discount on your insurance. Systems that thwart thieves such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can help prevent car theft and help bring rates down.

Why you need insurance for your vehicle

Despite the potentially high cost of auto insurance, auto insurance is most likely required but also gives you several important benefits.

The benefits of having auto insurance greatly outweigh the cost, particularly when you have a large claim. Despite what companies tell you, the average driver is currently overpaying as much as $820 a year so it's very important to do a rate comparison at every renewal to be sure current rates are still competitive.

Insurance losses by coverage

Which vehicles statistically have few claims? The data below show the worst and best models for overall likelihood of having claims organized by coverage.

Liability Insurance Claims by Manufacturer Model
Lowest Claim Frequency Highest Claim Frequency
Chevrolet Corvette Dodge Charger
Acura MDX Chevrolet Cruze
Volvo XC60 Chevrolet Impala
Audi A6 Chevrolet Sonic
Mercedes-Benz SL Class Mitsubishi Mirage
Fiat 500 Mitsubishi Lancer

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Comprehensive Coverage Claims by Manufacturer Model
Lowest Claim Frequency Highest Claim Frequency
Chevy Silverado 2500 Mercedes-Benz S Class
Ford F-350 Bentley Continental GTC
Smart ForTwo Maserati Granturismo
GMC Sierra 2500 Audi S7
Chevy Spark BMW M6
Volvo V60 BMW M6

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Lowest and Highest Medical Payment Claims by Vehicle
Lowest Claim Frequency Highest Claim Frequency
Land Rover Range Rover Sport Mitsubishi Lancer
Tesla Model S Nissan Versa
Ford F-250 SuperCrew Mitsubishi Mirage
Audi A4 Allroad Nissan Sentra
Ford F-350 SuperCrew Dodge Charger
Chevrolet Silverado 3500 Chrysler 200

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Auto Insurance Collision Claims by Manufacturer Model
Lowest Claim Frequency Highest Claim Frequency
Smart ForTwo Nissan GT-R
Mini Cooper Audi RS7
Chevrolet Colorado Bently Continental GTC
Ford F-150 SuperCrew Ferrari 458
Ford Edge Maserati Granturismo
GMC Canyon Maserati Ghibli

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Cheaper car insurance premiums are out there

As you quote Derby auto insurance, never sacrifice coverage to reduce premiums. In many instances, an insured cut physical damage coverage and found out when filing a claim that they should have had better coverage. Your goal is to purchase plenty of coverage for the lowest price, not the least amount of coverage.

Cheaper car insurance in Derby is definitely available from both online companies as well as from independent agents in Derby, so you need to shop Derby auto insurance with both to have the best rate selection. Some companies do not offer the ability to get a quote online and usually these smaller companies sell through independent insurance agencies.

Additional detailed information can be found by following these links: