Easy Methods to Save Money on Coon Valley Auto Insurance

Saving money on Coon Valley auto insurance is challenging for consumers new to buying insurance online. Drivers have so many options available that it can be more work than you anticipated to find lower rates in Coon Valley.

Save big with these discounts

Insurance can cost an arm and a leg, but there are discounts available that many people don't even know exist. Larger premium reductions will be automatically applied at the time of quoting, but lesser-known reductions have to be asked for before you will receive the discount.

  • Clubs and Organizations - Affiliation with a civic or occupational organization could trigger savings when buying auto insurance.
  • Employee of Federal Government - Active or retired federal employment can earn a discount up to 10% depending on your company.
  • Anti-theft System - Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to enroll in driver's education in school.
  • Military Rewards - Having a family member in the military could mean lower rates.
  • Passive Restraint Discount - Vehicles equipped with air bags can qualify for discounts of 20% or more.

As a disclaimer on discounts, most discount credits are not given to the entire cost. Most only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, auto insurance companies aren't that generous. Any amount of discount will reduce your overall premium however.

Auto insurance ads bend the truth

Allstate, GEICO and Progressive constantly bombard you with ads on TV and radio. All the companies make the same claim about savings if you switch to them. How can each company say the same thing?

Different companies can use profiling for the type of driver that earns them a profit. For example, a profitable customer might be profiled as a mature driver, is a homeowner, and drives newer vehicles. A propective insured who matches those parameters is entitled to the best price and most likely will save when they switch companies.

Potential insureds who fall outside the requirements must pay more money which leads to business not being written. Company advertisements say "customers that switch" not "people who quote" save money. That's why companies can truthfully claim big savings.

This illustrates why you should get a wide range of price quotes. It's not possible to predict the company that will give you the biggest savings.

Additional information can be found on the Wisconsin Office of the Commissioner of Insurance website located here. Wisconsin drivers can find out which companies have the most complaints, download brochures, and read consumer alerts.

Shop smart and save

Cheap auto insurance can be found on the web and with local Coon Valley insurance agents, and you need to price shop both to have the best chance of lowering rates. A few companies do not offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

Insureds switch companies for a number of reasons such as questionable increases in premium, extreme rates for teen drivers, policy non-renewal and even unfair underwriting practices. Whatever your reason, choosing a new insurance company is less work than it seems.

When trying to cut insurance costs, it's not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, an accident victim reduced uninsured motorist or liability limits only to regret that it was a big mistake. Your focus should be to buy enough coverage at a price you can afford while not skimping on critical coverages.