7 Best Tips to Cut Car Insurance Costs in Baldwin, WI
Tired of robbing Peter to pay Paul each month for car insurance? You're in the same situation as the majority of other car owners in Wisconsin. Because you have many companies and agents to choose from, it can be impossible to pick the most cost effective insurance company.
It's important to get comparison quotes once or twice a year since rates are constantly changing. Just because you found the best price last year the chances are good that you can find a lower rate today. Ignore everything you know about car insurance because you're about to learn the quickest way to find great coverage at a great price.
Choosing the best insurance company for you in Baldwin is quite easy. If you have a policy now or are looking for a new policy, you can follow these tips to shop for the lowest rates and still get good coverage. Wisconsin drivers only need an understanding of the best way to shop their coverage around on the web.
More discounts equal less premium
Car insurance companies don't always advertise every available discount very well, so we took the time to find some of the more common and the more hidden car insurance savings. If you don't get every credit available, you're paying more than you need to.
- Anti-theft System - Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
- Pay Now and Pay Less - If you pay your bill all at once instead of paying each month you could save 5% or more.
- Multiple Cars - Having all your vehicles on the same car insurance policy could earn a price break for each car.
- Anti-lock Brake Discount - Anti-lock brake equipped vehicles can avoid accidents and qualify for as much as a 10% discount.
- Multi-policy Discount - When you combine your home and auto insurance with the same insurance company you will save 10% to 20% off each policy.
- Employee of Federal Government - Being employed by or retired from a federal job can earn a discount up to 10% with certain companies.
- Good Students Pay Less - A discount for being a good student can save 20 to 25%. This discount can apply up until you turn 25.
It's important to understand that most credits do not apply to the entire cost. Most only reduce the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you would end up receiving a 100% discount, it doesn't quite work that way.
To see a list of providers with discount car insurance rates in Wisconsin, follow this link.
How to Compare Car Insurance Costs in Baldwin
Most companies quote insurance quotes directly from their websites. Getting quotes doesn't take much effort as you simply enter the amount of coverage you want into the quote form. Once you submit the form, their rating system will obtain your credit score and driving record and gives you a price quote based on many factors. This makes it a lot easier to compare rates but the process of having to visit each company's website and repetitively complete many quote forms can get tiresome after awhile. Unfortunately, it is important to compare as many rates as possible if you are searching for a lower rate.
There is an easier way!
The preferred way to find cheaper rates is to use a quote form to return rates from multiple companies. It's a real time-saver, reduces the work, and makes price shopping online much easier to do. Immediately after submitting the form, it is quoted with multiple companies and you can pick any or none of the price quotes you receive. If the quotes result in lower rates, you can click and sign and purchase the new policy. It takes 15 minutes at the most and can result in significant savings.
To find out how much you're overpaying now, click here and begin entering your coverage information. If you currently have coverage, we recommend you duplicate deductibles and limits exactly as they are listed on your policy. This makes sure you will get comparison quotes based on the exact same insurance coverage.
Switch companies and save? Really?
Consumers can't get away from ads for the lowest price auto insurance from companies such as Allstate and Progressive. All the ads say the same thing of big savings if you change your policy.
But how can every company make the same claim?
Different companies can use profiling for the right customer that is profitable for them. For example, a preferred risk could be between the ages of 40 and 55, has no tickets, and drives newer vehicles. Any new insured who fits that profile will get the preferred rates and therefore will save a lot of money.
Potential customers who do not match this ideal profile will be charged higher prices which usually ends up with business going elsewhere. The ads state "people who switch" not "everyone that quotes" save that kind of money. That's why insurance companies can confidently claim big savings. That is why drivers must compare as many rates as you can. It's just too difficult to predict the company that will give you the biggest savings.
In the end, you save
When trying to cut insurance costs, do not reduce coverage to reduce premium. Too many times, an insured dropped physical damage coverage only to discover later that it was a big mistake. The aim is to get the best coverage possible at an affordable rate, not the least amount of coverage.
Low-cost car insurance can be sourced from both online companies in addition to many Baldwin insurance agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies do not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.
More tips and info about car insurance can be found at the Wisconsin Office of the Commissioner of Insurance website. Consumers can read consumer alerts, view a list of available companies, report car insurance fraud, and find out industry alerts.
Additional helpful sites include BankRate.com's Car Insurance: When not to Skimp and this Baldwin agent directory.
