Easy Ways to Spend Less on Racine Car Insurance

Shopping for low-cost Racine car insurance on the internet is rather challenging for consumers new to shopping for insurance online. Because there are so many online companies, how can consumers even start to compare the different rates to find the lowest price?

It's important to compare prices quite often due to the fact that insurance rates are constantly changing. Just because you found the lowest rates last year you will most likely find a better rate today. So ignore everything you know about car insurance because I'm going to teach you the tricks you need to know to find lower rates on car insurance.

How much can you save with discounts?

Car insurance is not cheap, but discounts can save money and there are some available that you may not know about. Larger premium reductions will be automatically applied when you quote, but lesser-known reductions have to be asked for prior to getting the savings.

Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
Senior Citizens - If you qualify as a senior citizen, you may receive a small decrease in premiums.
Multiple Cars - Buying insurance for all your vehicles on one policy can get a discount on all vehicles.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase life insurance.
Clubs and Organizations - Being a member of a qualifying organization could qualify you for a break on your policy.
Passive Restraints - Vehicles with factory air bags or automatic seat belts may earn rate discounts of 20% or more.

A little note about advertised discounts, most credits do not apply to the overall cost of the policy. A few only apply to specific coverage prices like comprehensive or collision. So when it seems like adding up those discounts means a free policy, you won't be that lucky. Any amount of discount will bring down the amount you have to pay.

How much car insurance do I need?

When it comes to buying adequate coverage for your personal vehicles, there isn't really a perfect coverage plan. Every situation is different.

For example, these questions may help you determine if your insurance needs would benefit from professional advice.

Do I need PIP (personal injury protection) coverage in Wisconsin?
Am I covered by my employer's commercial auto policy when driving my personal car for business?
Am I covered when driving on a suspended license?
When does my teenage driver need to be added to my policy?
Do I qualify for additional discounts?
Should I drop comprehensive coverage on older vehicles?
Do I have coverage when using my vehicle for my home business?
Do I need to file an SR-22 for a DUI in Wisconsin?

If you don't know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form.

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

Companies like Allstate and Progressive consistently run television and radio advertisements. All the ads say the same thing about savings if you change your coverage to them. How does each company claim to save you money? It's all in the numbers.

Insurance companies have a preferred profile for the type of customer that earns them a profit. For example, a preferred risk might be a mature driver, insures multiple vehicles, and has great credit. Any driver who fits that profile receives the best rates and is almost guaranteed to save when switching.

Potential customers who don't meet these standards will be charged a higher premium which usually ends up with the customer not buying. Company advertisements say "customers who switch" but not "drivers who get quotes" save that much money. This is how companies can truthfully advertise the savings.

That is why you should get a wide range of price quotes. You cannot predict which insurance companies will give you the biggest savings.

More sites with car insurance information

Additional information can be found on the Wisconsin Office of the Commissioner of Insurance website found here. Visitors are able to read consumer alerts, read enforcement actions against agents and companies, and report car insurance fraud.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this directory of Racine insurance agents.

Shop smart and save

As you prepare to switch companies, make sure you don't buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. The aim is to buy enough coverage at the best price, not the least amount of coverage.

Cheaper car insurance can be sourced both online as well as from independent agents in Racine, and you need to price shop both to have the best rate selection. There are still a few companies who don't offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

Consumers leave their current company for a variety of reasons including policy cancellation, not issuing a premium refund, lack of trust in their agent and even delays in paying claims. It doesn't matter what your reason, finding a new car insurance company is less work than it seems.