8 Best Ways to Slash Car Insurance Costs in Owen, WI

Are you tired of not being able to afford each month for car insurance? Your situation is no different than many other Wisconsin drivers. Drivers have multiple to pick from, and although it's nice to have multiple companies, it can be more challenging to compare rates.

Buying car insurance in Owen is quite easy. If you have car insurance now, you stand a good chance to be able to reduce your rates substantially using these methods. Wisconsin drivers only need an understanding of the most effective way to get comparison quotes on the web.

Take advantage of discounts

Companies offering auto insurance do not list every discount very clearly, so the following is a list of some of the more common as well as the least known car insurance savings. If you're not getting every credit available, you are throwing money away.

No Accidents - Claim-free drivers pay less when compared to drivers who are more careless.
Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
Multiple Cars - Insuring all your vehicles on one policy may reduce the rate for each vehicle.
Multiple Policy Discount - If you have multiple policies with the same company you will save up to 20% off your total premium.
Anti-theft Discount - Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
Paperwork-free - Certain companies will give a small break simply for signing over the internet.
55 and Retired - If you qualify as a senior citizen, you may receive better car insurance rates.
Service Members Pay Less - Having a deployed family member could be rewarded with lower premiums.

Consumers should know that most credits do not apply to the entire cost. Some only reduce individual premiums such as comp or med pay. So even though it sounds like it's possible to get free car insurance, companies don't profit that way.

Are car insurance companies telling the truth?

Consumers get pounded daily by advertisements for the lowest price auto insurance by Progressive, Allstate and GEICO. They all say the same thing of big savings if you change to their company.

How does each company make the same claim?

All companies can use profiling for the driver that earns them a profit. A good example of a driver they prefer could be a mature driver, has no tickets, and has excellent credit. Any new insured who fits that profile will get very good rates and most likely will save when switching.

Potential customers who don't qualify for these standards will be quoted higher prices which usually ends up with business going elsewhere. The ads say "customers that switch" not "people who quote" save that much. That's why insurance companies can confidently make those claims. This emphasizes why drivers should get a wide range of price quotes. It's just too difficult to predict the company that will have the lowest rates.

More tips and info about car insurance can be read at the Wisconsin Office of the Commissioner of Insurance website. Consumers can read industry bulletins, view a list of available companies, report car insurance fraud, and view agent and company licensing information.

Also read more on this online resource for car insurance quotes in Wisconsin and this list of insurance agents in Owen.

A tidy conclusion

Cost effective car insurance can be sourced from both online companies and also from your neighborhood Owen agents, and you need to price shop both so you have a total pricing picture. Some companies may not provide you the ability to get quotes online and these small insurance companies work with independent agents.

While you're price shopping online, make sure you don't skimp on coverage in order to save money. There are too many instances where an insured dropped collision coverage and discovered at claim time they didn't purchase enough coverage. Your strategy should be to find the BEST coverage at a price you can afford while still protecting your assets.