Consumer Tested Strategies to Save on Menomonee Falls Auto Insurance

Did you fall for a flashy sales pitch and buy high-priced auto insurance? Trust us, there are many Menomonee Falls consumers feeling the pinch from expensive auto insurance. Drivers have so many to buy insurance from, and even though it's nice to have a selection, too many choices makes it more difficult to compare rates.

Finding the best rates in Menomonee Falls is quite easy. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Wisconsin drivers only need an understanding of how to buy auto insurance over the internet.

Are you getting all your discounts?

Auto insurance companies don't always list all available discounts very clearly, so we researched some of the best known and the more hidden auto insurance savings. If you're not getting every credit possible, you're paying more than you need to.

Fewer Miles Equal More Savings - Fewer annual miles could be rewarded with lower rates on the low mileage vehicles.
Multiple Vehicles - Buying coverage for multiple vehicles on the same auto insurance policy could earn a price break for each car.
Student in College - Children who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
Homeowners Discount - Owning a home in Menomonee Falls may trigger a auto insurance policy discount due to the fact that maintaining a home shows financial diligence.
Claim Free - Drivers with accident-free driving histories pay much less when compared with bad drivers.
Discount for Life Insurance - Larger companies have a discount if you purchase a life insurance policy as well.
Paperless Signup - Certain companies give back up to $50 simply for signing over the internet.

It's important to understand that most credits do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as liability and collision coverage. So even though they make it sound like you can get free auto insurance, it doesn't quite work that way.

To see a list of insurers who offer auto insurance discounts in Wisconsin, follow this link.

How to Compare Auto Insurance Quotes in Menomonee Falls, Wisconsin

Most companies like 21st Century, Allstate and State Farm quote price estimates online. Getting online quotes is quite simple as you just enter the coverages you want as detailed in the form. Once you submit the form, their system will obtain credit information and your driving record and returns a price quote based on many factors. Quoting online streamlines rate comparisons, but the time required to go to many different websites and complete many quote forms is monotonous and tiresome. But it's very important to get many rate quotes if you are searching for the best price on auto insurance.

The preferred way to lower your rates requires only one form that gets prices from a lot of companies. The form is fast, eliminates form submissions, and makes rate comparisons much more enjoyable. After sending your information, it is quoted and you can select any one of the price quotes you receive. If the quotes result in lower rates, you can simply submit the application and buy the new coverage. It can be completed in a matter of minutes and can result in significant savings.

To quickly find out if lower rates are available, click here to open in new window and complete the simple form. If you have coverage now, it's recommended you replicate the limits and deductibles exactly as they are listed on your policy. This makes sure you will have rate quotes based on the exact same insurance coverage.

How to Lower your Auto Insurance Rates

An important part of buying insurance is that you know some of the elements that help determine auto insurance rates. Knowing what determines base rates empowers consumers to make smart changes that could result in lower auto insurance prices.

The following are a partial list of the pieces used by your company to calculate premiums.

Safer cars cost less to insure - Cars with high safety ratings are cheaper to insure. Safe vehicles protect occupants better and better occupant protection means lower claim amounts and thus lower rates.
Do you know your deductibles? - Your deductibles represent how much money you are required to spend if you file a covered claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. A few examples of covered claims are colliding with a building, damage caused by hail, and rolling your vehicle. The more you have to pay, the less your auto insurance will be.
Mature drivers pay less - Teenage drivers in Wisconsin are known to get distracted easily when behind the wheel so they pay higher auto insurance rates. Older insureds are more responsible, tend to file fewer claims and get fewer tickets.
Your auto insurance rates can be influenced by your job - Did you know your auto insurance rates can be affected by your occupation? Occupations such as judges, architects and financial analysts have higher average rates attributed to job stress and lengthy work days. Conversely, occupations such as actors, engineers and performers get better rates.
The more you drive the more you pay - Driving more miles in a year the more you'll pay to insure your vehicle. Almost all companies price each vehicle's coverage determined by how the vehicle is used. Vehicles left parked in the garage receive lower rates than vehicles that are driven to work every day. Make sure your auto insurance coverage shows the proper vehicle usage, because improper ratings can cost you money.
Your spouse saves you money - Having a wife or husband can get you a discount when buying auto insurance. Having a spouse translates into being more mature and responsible and it's statistically proven that being married results in fewer claims.

How can 21st Century, Allstate and State Farm save drivers who switch?

Wisconsin drivers can't get away from ads that promise big savings from the likes of 21st Century, Allstate and State Farm. All the companies say the same thing of big savings after switching your coverage to them.

How does each company say the same thing?

All companies are able to cherry pick for the type of customer that is profitable for them. For instance, a profitable customer might be profiled as over the age of 40, has no driving citations, and has great credit. A propective insured who fits that profile is entitled to the best price and as a result will probably save when switching.

Drivers who are not a match for these standards must pay a higher premium which usually ends up with business not being written. Company advertisements say "people who switch" not "everybody who quotes" save that much money. That's the way insurance companies can confidently advertise the savings. This illustrates why drivers must quote coverage with many companies. It's not possible to predict which auto insurance company will give you the biggest savings.

And the best car insurance company is...

Low-cost auto insurance can be bought on the web as well as from independent agents in Menomonee Falls, and you need to comparison shop both to have the best selection. There are still a few companies who don't offer the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

As you prepare to switch companies, never reduce coverage to reduce premium. There are a lot of situations where someone sacrificed collision coverage and learned later that the small savings ended up costing them much more. The proper strategy is to buy enough coverage at an affordable rate while not skimping on critical coverages.

More tips and info about auto insurance is located at the Wisconsin Office of the Commissioner of Insurance website. Wisconsin drivers can find disaster information, report car insurance fraud, read enforcement actions against agents and companies, and read industry bulletins.