Proven Techniques to Save on Stoddard Auto Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us when we tell you you are not the only one feeling buyer's remorse.

Multiple compete to insure your vehicles, so it can be very hard to choose a and get the definite lowest price

If you have car insurance now, you should be able to cut costs considerably using this information. Finding affordable coverage in Stoddard is quite easy. Nevertheless, Wisconsin drivers do need to know the way insurance companies compete online because it can help you find the best coverage.

Why some people pay less for insurance in Stoddard

Consumers need to have an understanding of the rating factors that help determine the price you pay for auto insurance. Understanding what determines base rates allows you to make educated decisions that will entitle you to lower auto insurance prices.

The following are a partial list of the pieces companies use to determine prices.

Theft deterrents lower rates - Choosing a vehicle with an alarm system can save you a little every year. Theft prevention features like GM's OnStar, tamper alarm systems and vehicle immobilizers can thwart your vehicle from being stolen.
Little extras can really add up - There are a ton of extra coverages that can waste your money on your auto insurance policy. Coverages like vanishing deductibles, accident forgiveness and motor club memberships may be wasting your money. They may seem good when you first buy your policy, but if you don't need them get rid of them and save.
Teen drivers pay high rates - Older insureds are more cautious drivers, tend to file fewer claims and are safer drivers. Teen drivers are known to get distracted easily when behind the wheel therefore auto insurance rates are much higher.
Protect yourself with liability coverage - Liability coverage provides coverage when a court rules you are at fault for damages from an accident. It provides legal defense starting from day one. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
More than one policy can earn a discount - Many auto insurance companies provide better rates to customers who have multiple policies with them. It's known as a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. If you currently are using one company, you still need to comparison shop to make sure you are getting the best deal. You may still find a better deal by buying auto insurance from a different company.
Being married can save on auto insurance - Having a wife or husband can get you a discount on your auto insurance policy. Having a significant other is viewed as being more mature and responsible and it's proven that being married results in fewer claims.
Adjust deductibles and save - Physical damage deductibles define the amount you are required to spend before a claim is paid by your company. Physical damage insurance, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Examples of covered claims could be running into the backend of another car, damage caused by hail, and burglary. The more you're willing to pay, the less your auto insurance will be.

How to Compare Stoddard Auto Insurance Costs

There are several ways to compare auto insurance prices but one way is less labor-intensive and much quicker. You can spend your afternoon discussing policy coverages with insurance agencies in Stoddard, or you could save time and use online quoting to accomplish the same thing much quicker.

Most of the larger companies take part in a program that allows shoppers to submit one quote, and each participating company provides a quote based on the submitted data. This system prevents you from having to do quotation requests to each individual auto insurance company.

To submit your quote information now, click here to open in new window.

One minor caviat to doing it this way is you are unable to specify which providers to get quotes from. So if you want to select specific providers to compare rates, we have a listing of auto insurance companies in Wisconsin. Click to view list.

It doesn't matter which method you choose, just compare the exact same coverage information for each price quote. If each company quotes unequal deductibles or liability limits it's impossible to truly determine the lowest rate in Stoddard. Having just a slight variation in coverage limits can mean a large discrepancy in price. Just keep in mind that more quotes will enable you to find the best offered rates.

Be sure to get all your discounts

Insuring your fleet can be pricey, but you may find discounts to cut the cost considerably. Larger premium reductions will be automatically applied when you get a quote, but less common discounts must be inquired about before you will receive the discount.

Student Driver Training - Cut your cost by having your teen driver successfully complete driver's ed class if it's offered in school.
Driver Safety - Completing a course in driver safety could possibly earn you a 5% discount if your company offers it.
Save over 55 - If you're over the age of 55, you may be able to get reduced rates.
Organization Discounts - Participating in certain professional organizations could trigger savings when shopping for auto insurance.
Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.
Paperwork-free - Certain companies will discount your bill up to fifty bucks simply for signing on their website.
Multiple Vehicles - Buying insurance for multiple vehicles with the same company may reduce the rate for each vehicle.

It's important to understand that many deductions do not apply the the whole policy. Some only apply to individual premiums such as liability and collision coverage. Just because it seems like it's possible to get free car insurance, it doesn't quite work that way. Any qualifying discounts will cut the amount you have to pay.

To choose insurance companies who offer auto insurance discounts in Stoddard, click this link.

Is there truth in advertising?

Auto insurance providers like State Farm, Allstate and GEICO continually stream television and radio advertisements. They all make the same claim of big savings after switching to them. How do they all make almost identical claims?

All companies are able to cherry pick for the type of driver that makes them money. For instance, a driver they prefer could possibly be a mature driver, has no tickets, and has great credit. A driver who matches those parameters will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Drivers who don't measure up to the "perfect" profile will be quoted higher premiums which leads to the driver buying from a lower-cost company. The ad wording is "customers that switch" but not "drivers who get quotes" save money. That's the way insurance companies can confidently advertise the savings.

This emphasizes why you need to get a wide range of price quotes. It is impossible to predict which auto insurance company will fit your personal profile best.

Additional auto insurance information is located on the website for the Wisconsin Office of the Commissioner of Insurance located here. Wisconsin consumers can view a list of available companies, discover disciplinary actions, read enforcement actions against agents and companies, and find out which companies have the most complaints.

Final considerations

Low-cost auto insurance can be bought online and with local Stoddard insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not offer online price quotes and these small, regional companies work with independent agents.

When you buy insurance online, never reduce coverage to reduce premium. There have been many situations where an insured dropped liability coverage limits only to discover later that the few dollars in savings costed them thousands. The proper strategy is to get the best coverage possible at a price you can afford while still protecting your assets.