9 Guaranteed Ways to Slash Car Insurance Costs in Wakefield

Having to pay for overpriced car insurance can empty your bank account and put the squeeze on your family's finances. Comparison shopping is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Drivers have so many to buy insurance from, and although it's nice to have a selection, too many choices makes it more difficult to compare rates.

Buying car insurance in Wakefield is not that difficult. Basically, anyone who carries car insurance stands a good chance to be able to save money. Although Michigan car owners do need to know how insurance companies sell online and apply this information to your search.

Take advantage of discounts

Car insurance companies don't always publicize every discount very clearly, so we took the time to find some of the more common and the more hidden savings tricks you should be using.

  • Pay Now and Pay Less - If you pay your entire premium ahead of time instead of paying each month you could save up to 5%.
  • 55 and Retired - Mature drivers may receive a small decrease in premiums.
  • Multiple Cars - Insuring all your vehicles on the same car insurance policy could earn a price break for each car.
  • Distant Student - Kids in college who attend school more than 100 miles from home and don't have a car may qualify for this discount.
  • Theft Prevention Discount - Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Memberships - Belonging to a qualifying organization is a good way to get lower rates when shopping for car insurance.
  • Paperwork-free - A few companies will give a small break for buying your policy over the internet.
  • Own a Home - Simply owning a home can help you save on car insurance because maintaining a house is proof that your finances are in order.
  • Drivers Education - Have your child successfully complete driver's ed class if offered at their school.

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability and collision coverage. So even though it sounds like adding up those discounts means a free policy, you won't be that lucky.

To see a list of insurance companies with discount car insurance rates in Michigan, click here to view.

compare Wakefield car insurance rates

How to Buy Wakefield Car Insurance Online

There are several ways to compare rate quotes from local Wakefield car insurance companies. The best method to find the cheapest insurance rates is to perform an online rate comparison. This can be done in a couple of different ways.

  • The best way to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This easy form eliminates the need for repetitive form submissions for each company you want a rate for. One form gets you price quotes from multiple companies.
  • A different way to compare rate quotes requires a trip to the website of each company to complete their respective quote request forms. For examples sake, let's say you want comparison quotes from , and . To get each rate you have to take the time to go to each site to input your insurance information, which is why most consumers use the first method.

    To view a list of companies in Wakefield, click here.
  • The least recommended way of getting rate comparisons is to drive around to different Wakefield agent offices. Shopping for car insurance online has reduced the need for local agents unless you prefer the trained guidance that only a license agent can provide. However, consumers can obtain prices from the web and still use a local agent and we'll cover that in a bit.

It's up to you which method you use, but make darn sure you compare identical quote information on every quote you get. If you use mixed coverages it will be next to impossible to determine which rate is truly the best in Wakefield. Quoting even small variations in coverages can result in a big premium difference. And when comparison shopping, comparing a large number of companies helps locate a better price.

How to know if you need help

When choosing the right insurance coverage for your personal vehicles, there isn't really a "perfect" insurance plan. Each situation is unique so your insurance should reflect that These are some specific questions may help you determine whether your personal situation may require specific advice.

  • What can I do if my company won't pay a claim?
  • Am I covered by my employer's commercial auto policy when driving my personal car for business?
  • Can I afford to buy a different vehicle if my vehicle is totaled?
  • What are Michigan no-fault laws?
  • Do I need special endorsements for business use of my vehicle?
  • Are rental cars covered under my policy?
  • Am I getting all the discounts available?
  • Does my personal policy cover me when driving my company car?

If you're not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

Are car insurance companies telling the truth?

Car insurance providers like State Farm, Allstate and GEICO consistently run ads on TV and radio. They all make an identical promise about savings if you change your coverage to them. How does each company make the same claim?

Insurance companies have a preferred profile for the type of customer that is profitable for them. For example, a driver they prefer could be over the age of 50, insures multiple vehicles, and has excellent credit. Any new insured who meets those qualifications is entitled to the best price and most likely will save when switching.

Potential customers who don't qualify for these standards will be quoted a higher premium and ends up with business going elsewhere. The ads state "people who switch" not "people who quote" save that much money. This is how companies can truthfully make those claims. This emphasizes why drivers must compare as many rates as you can. It's just too difficult to predict which insurance companies will have the lowest rates.

The best insurance company isn't always the cheapest

While you're price shopping online, it's very important that you do not reduce coverage to reduce premium. There have been many situations where drivers have reduced physical damage coverage only to regret at claim time they didn't purchase enough coverage. The proper strategy is to buy a smart amount of coverage at an affordable rate while still protecting your assets.

The cheapest car insurance can be sourced from both online companies as well as from independent agents in Wakefield, and you should be comparing both to have the best rate selection. Some companies don't offer the ability to get a quote online and these regional insurance providers work with independent agents.

Wakefield car insurance comparison

More sites with car insurance information

Even more information can be found at the Michigan Office of Financial and Insurance Regulation website. Consumers can view a list of available companies, read enforcement actions against agents and companies, report car insurance fraud, and read consumer alerts.