Car Insurance in Elroy - 10 Discounts You Might be Losing Out On

Having to pay for overpriced car insurance can overdraw your checking account and make it hard to pay other bills. Comparing price quotes is a smart way to reduce premiums and put more money in your pocket.

With consumers having so many options when it comes to car insurance, it is very difficult to locate the best provider.

It's important to compare prices quite often since rates are constantly changing. Even if you got the best price six months ago a different company probably has better rates today. Ignore everything you know about car insurance because you're about to learn the only way to find great coverage at a great price.

Finding the best rates in Elroy is quite easy. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using this strategy. Nevertheless, Wisconsin consumers do need to know the way companies price online insurance and apply this information to your search.

Are you getting all your discounts?

Companies offering auto insurance don't necessarily list every available discount very well, so we took the time to find both the well known and the more hidden car insurance savings.

Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
Resident Student - Children who attend school more than 100 miles from home and do not have a car can be insured at a reduced rate.
Discount for Life Insurance - Larger companies have a break if you buy life insurance.
Own a Home - Being a homeowner may trigger a car insurance policy discount because owning a home is proof that your finances are in order.
Use Seat Belts - Drivers who require all occupants to wear their seat belts can save up to 15% off your PIP or medical payments premium.
Claim Free - Drivers who don't have accidents can save substantially compared to drivers who are more careless.
Low Mileage - Driving fewer miles can earn lower rates on the low mileage vehicles.
Multi-car Discount - Buying coverage for more than one vehicle on one policy could earn a price break for each car.
Senior Citizens - If you qualify as a senior citizen, you may qualify for a small decrease in premiums.
Lower Rates for Military - Having a deployed family member could mean lower rates.

It's important to understand that most credits do not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as comprehensive or collision. So even though they make it sound like adding up those discounts means a free policy, it doesn't quite work that way.

Tailor your coverage to you

When it comes to buying the right insurance coverage for your personal vehicles, there really is no "best" method to buy coverage. Each situation is unique and a cookie cutter policy won't apply. For instance, these questions may help you determine whether you might need an agent's assistance.

Do I need PIP (personal injury protection) coverage in Wisconsin?
What are Wisconsin no-fault laws?
Can I get a multi-policy discount for packaging my home and auto coverage?
What happens if I owe more than my vehicle is worth?
Does my policy cover my teen driver if they drive my company car?
Why am I be forced to buy a membership to get insurance from some companies?
Are there companies who specialize in insuring high-risk drivers?
Is my nanny covered when driving my vehicle?

If you don't know the answers to these questions but a few of them apply then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.

How can Allstate and Progressive save drivers who switch?

Companies like Allstate and Progressive constantly bombard you with ads on television and other media. All the ads say the same thing of big savings if you switch your coverage to them. But how can every company claim to save you money?

Insurance companies have a preferred profile for the type of customer that earns them a profit. For example, a preferred risk might be between the ages of 30 and 50, insures multiple vehicles, and has a high credit rating. Any new insured who fits that profile will qualify for the lowest rates and as a result will probably save a lot of money.

Drivers who are not a match for this ideal profile will be charged higher premiums which usually ends up with the customer not buying. The ad wording is "people who switch" not "everybody who quotes" save that much money. This is how insurance companies can confidently state the savings. That is why drivers should get a wide range of price quotes. It's just too difficult to predict which insurance companies will have the lowest rates.

More sites with car insurance information

More tips and info about car insurance can be found at the Wisconsin Office of the Commissioner of Insurance website. Visitors are able to read consumer alerts, read enforcement actions against agents and companies, find out industry alerts, and file complaints about an insurance agent or broker.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this directory of Elroy insurance agents.

Final considerations

As you restructure your insurance plan, do not skimp on coverage in order to save money. Too many times, drivers have reduced physical damage coverage only to discover later that they should have had better coverage. The aim is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Low-cost car insurance can be found both online as well as from independent agents in Elroy, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies don't offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.