Top Ways to Save on Elkhorn Auto Insurance

Are you tired of scraping the payment together each month for car insurance? Your situation is no different than many other Wisconsin drivers. Drivers have multiple to buy insurance from, and although it's nice to have multiple companies, it can be more challenging to compare rates.

It's important to compare prices before your policy renews because prices are constantly changing. Just because you found the best deal a few years ago you will most likely find a better rate today. So forget all the misinformation about auto insurance because you're going to get a crash course in the proper way to find lower rates on auto insurance.

Finding affordable coverage in Elkhorn is quite easy. If you have car insurance now, you will be able to save some money using this information. Wisconsin drivers only need an understanding of how to compare prices on the web.

How much can you save with discounts?

Companies offering auto insurance don't always advertise all their discounts very clearly, so here is a list both well-publicized as well as the least known discounts you could be receiving. If you're not getting every credit available, you are throwing money away.

  • Homeowners Pay Less - Owning a house in Elkhorn can save you money because maintaining a house requires personal responsibility.
  • No Accidents - Claim-free drivers can earn big discounts as compared to drivers who are more careless.
  • Multiple Cars - Buying insurance for all your vehicles on one policy may reduce the rate for each vehicle.
  • Save over 55 - If you qualify as a senior citizen, you may receive better auto insurance rates.
  • Sign Online - Certain companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Pay Now and Pay Less - By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Safety Course Discount - Completing a course in driver safety could save 5% or more if you qualify.
  • Good Students Pay Less - Performing well in school can get you a discount of up to 25%. The discount lasts up until you turn 25.

Consumers should know that some credits don't apply to the entire cost. Some only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears it's possible to get free car insurance, companies don't profit that way.

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

Wisconsin consumers get pounded daily by advertisements for the lowest price auto insurance by State Farm, GEICO and Progressive. They all seem to have a common claim of big savings if you change to their company.

How does each company make almost identical claims?

All companies can use profiling for the driver that earns them a profit. An example of a desirable insured could possibly be over the age of 40, is a homeowner, and drives less than 7,500 miles a year. A customer getting a price quote that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to save when switching.

Potential customers who don't meet these standards will have to pay a more expensive rate and this can result in the driver buying from a lower-cost company. The ad wording is "customers that switch" but not "drivers who get quotes" save that much. That's why insurance companies can confidently advertise the way they do. Because of the profiling, you should get as many quotes as possible. It's impossible to know the company that will provide you with the cheapest rates.

More tips and info about auto insurance is available at the Wisconsin Office of the Commissioner of Insurance website. Wisconsin consumers can report car insurance fraud, read industry bulletins, read enforcement actions against agents and companies, and get help finding coverage.

A tidy conclusion

Cost effective auto insurance can be sourced online and also from your neighborhood Elkhorn agents, and you need to comparison shop both to have the best rate selection. Some auto insurance companies may not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

When shopping online for auto insurance, it's very important that you do not buy lower coverage limits just to save a few bucks. In many cases, an accident victim reduced liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at a price you can afford.