7 Tricks Shown to Lower Car Insurance Costs in Theresa, WI

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us, you are not the only one feeling buyer's remorse. You have multiple to buy insurance from, and even though it's nice to have multiple companies, having more makes it harder to compare rates.

Take advantage of discounts

Insurance can be prohibitively expensive, but you may find discounts that can drop the cost substantially. Certain discounts will be triggered automatically when you purchase, but some must be inquired about before being credited. If you're not getting every credit possible, you are throwing money away.

  • Fewer Miles Equal More Savings - Keeping the miles down can qualify you for a substantially lower rate.
  • Clubs and Organizations - Being a member of a qualifying organization may earn a discount when buying car insurance.
  • Federal Government Employee - Active or retired federal employment can earn a discount up to 10% depending on your company.
  • Student in College - Youth drivers who live away from home without a vehicle on campus may qualify for this discount.
  • Auto/Home Discount - If you have multiple policies with the same company you may save 10% to 20% off each policy.
  • Anti-lock Brakes - Cars that have steering control and anti-lock brakes prevent accidents and earn discounts up to 10%.
  • Senior Citizens - If you qualify as a senior citizen, you can possibly qualify for reduced rates.

As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. The majority will only reduce individual premiums such as liability and collision coverage. Even though it may seem like you could get a free car insurance policy, car insurance companies aren't that generous. Any amount of discount will bring down your overall premium however.

car insurance in Theresa

Are car insurance companies telling the truth?

Consumers in Wisconsin get pounded daily by advertisements that promise big savings by companies like 21st Century, Allstate and State Farm. All the companies have a common claim about savings if you move to them.

How does each company claim to save you money?

Different companies are able to cherry pick for the type of driver that earns them a profit. An example of a profitable customer might be between the ages of 40 and 55, has no driving citations, and has great credit. Any new insured that hits that "sweet spot" gets the lowest rates and most likely will save when switching.

Consumers who don't qualify for these standards must pay higher prices and this can result in the customer not buying. Company advertisements say "customers that switch" not "people who quote" save money. That's the way companies can truthfully advertise the savings.

This illustrates why you should compare many company's rates. It's just too difficult to predict which car insurance company will fit your personal profile best.

Additional information is available on the website for the Wisconsin Office of the Commissioner of Insurance located here. Visitors are able to find disaster information, find out which companies have the most complaints, read industry bulletins, and read enforcement actions against agents and companies.

A tidy conclusion

Cheap car insurance is definitely available both online and with local Theresa insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who do not offer you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

When you buy insurance online, it's very important that you do not buy lower coverage limits just to save a few bucks. There are a lot of situations where someone sacrificed liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. The proper strategy is to buy the best coverage you can find at a price you can afford while not skimping on critical coverages.