Car Insurance in New Holstein - 10 Discounts to Save Money

Paying for high-priced car insurance can drain your bank account and make it impossible to make ends meet. Comparison shopping is a smart way to reduce premiums and put more money in your pocket.

You have so many to buy insurance from, and although it's a good thing to be able to choose, lots of choices makes it harder to compare rates.

It's important to price shop coverage on a regular basis since rates are constantly changing. Even if you got the best deal six months ago you can probably find a better price now. So ignore everything you know about car insurance because we're going to show you the only way to lower your annual insurance bill.

How much can you save with these ten discounts?

Insuring your vehicles can cost a lot, buy you may qualify for discounts to reduce the price significantly. A few discounts will automatically apply at the time of purchase, but lesser-known reductions have to be requested specifically prior to receiving the credit.

Sign Online - Certain companies will give a small break for buying your policy over the internet.
Accident Waiver - Certain companies permit an accident before hitting you with a surcharge as long as you don't have any claims prior to the accident.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
College Student - Children who live away from home and do not have access to a covered vehicle can receive lower rates.
Anti-theft Discount - Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
Payment Method - If you pay your bill all at once instead of making monthly payments you could save 5% or more.
Organization Discounts - Belonging to a qualifying organization could qualify you for a break on car insurance.
No Claims - Drivers who don't have accidents can earn big discounts as compared to accident-prone drivers.
Drive Less and Save - Fewer annual miles can qualify you for lower rates on the low mileage vehicles.
Driver Safety - Completing a driver safety course could cut 5% off your bill if your company offers it.

A little note about advertised discounts, most credits do not apply to all coverage premiums. Most cut the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like it's possible to get free car insurance, you won't be that lucky. Any amount of discount will bring down the amount you have to pay.

To choose companies who offer car insurance discounts in Wisconsin, follow this link.

Save 15 percent in 15 minutes? Is it for real?

Car insurance companies such as State Farm, GEICO and Progressive continually stream television and radio advertisements. They all seem to say the same thing about savings after switching your policy. How does each company make the same claim?

All companies have a preferred profile for the right customer that makes them money. An example of a desirable insured could be between 30 and 50, insures multiple vehicles, and has a high credit rating. Any new insured who fits that profile gets the lowest rates and is almost guaranteed to save when switching.

Potential customers who don't meet these standards will have to pay higher prices which usually ends up with business going elsewhere. The ads say "people who switch" but not "drivers who get quotes" save that kind of money. This is how companies can truthfully state the savings.

Because of the profiling, you should compare as many rates as you can. It's just too difficult to predict which insurance companies will have the lowest rates.

Additional information is available on the website for the Wisconsin Office of the Commissioner of Insurance through this link. Consumers can get help finding coverage, view agent and company licensing information, read consumer alerts, and view a list of available companies.

The best insurance company isn't always the cheapest

Cheaper car insurance can be purchased from both online companies in addition to many New Holstein insurance agents, so compare prices from both so you have a total pricing picture. Some insurance companies do not provide online price quotes and most of the time these smaller companies sell through independent agents.

As you restructure your insurance plan, it's very important that you do not buy poor coverage just to save money. In many cases, drivers have reduced comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. Your aim should be to purchase plenty of coverage at an affordable rate.