Wales Auto Insurance For Less Than You're Paying Now

Buying the most affordable Wales auto insurance on the internet may be intimidating for consumers not familiar with comparison shopping online. Since there are so many choices, how can you have a chance to compare every company to locate the lowest price?

It's important to compare rates on a regular basis because insurance rates are constantly changing. Even if you got the best rates a few years ago a different company probably has better rates today. There is too much inaccurate information about auto insurance online but we're going to give you some great ways to find cheap auto insurance.

Finding the best rates in Wales is easy if you know what you're doing. If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using this strategy. But Wisconsin drivers do need to know the way insurance companies price online insurance.

These discounts can lower your rates

Companies don't list every available discount very clearly, so the following is a list of both well-publicized as well as the least known auto insurance savings.

Theft Prevention System - Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
Accident Waiver - Certain companies will forgive one accident before your rates go up if you are claim-free for a particular time prior to the accident.
Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
Save over 55 - If you qualify as a senior citizen, you may qualify for better auto insurance rates.
Defensive Driver - Taking part in a course in driver safety could cut 5% off your bill if you qualify.
Discount for Life Insurance - Select insurance companies reward you with a discount if you purchase auto and life insurance together.
Multi-car Discount - Buying coverage for more than one vehicle on one policy may reduce the rate for each vehicle.
Discount for New Cars - Adding a new car to your policy is cheaper due to better safety requirements for new cars.
Government Employees - Active or retired federal employment may qualify you for a discount with certain companies.

Consumers should know that most credits do not apply to all coverage premiums. Some only apply to individual premiums such as comprehensive or collision. Just because you may think all those discounts means the company will pay you, companies don't profit that way.

You have some control over your rates

Smart consumers have a good feel for some of the elements that go into determining the price you pay for auto insurance. Knowing what controls the rates you pay enables informed choices that can help you get big savings.

Listed below are some of the items auto insurance companies consider when setting your rates.

Discounts for multiple policies - Most companies give discounts to customers who consolidate policies with them in the form of a multi-policy discount. Even though this discount sounds good, you still need to compare other company rates to ensure the best deal.
Battle of the sexes - Statistics have proven that women are safer drivers than men. That doesn't necessarily mean that men are worse drivers. They both are in accidents at a similar rate, but men cause more damage. Men also get cited for more serious violations such as DWI and reckless driving. Teenage male drivers are most likely to cause an accident and therefore are the most expensive to insure.
Don't get talked into coverage you don't need - There are many add-on coverages you can purchase on your auto insurance policy. Coverages for rental car reimbursement, better glass coverage and term life insurance are examples of these. They may seem like a good idea when you first buy your policy, but if they're wasting money eliminate them to save money.
High deductibles save money - Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Some instances where coverage would apply could be a windshield shattered by a rock, vandalism, and rolling your vehicle. Your deductibles are the amount of money you are willing to pay if you file a covered claim. The more expense you are required to pay out-of-pocket, the bigger discount you will receive.
Rate your vehicle for proper use - The more miles you rack up on your car in a year's time the higher your rates will be. Most insurance companies apply a rate based on how the vehicle is used. Vehicles not used for work or commuting get more affordable rates than vehicles that are driven to work every day. Ask your agent if your auto insurance policy shows how each vehicle is driven.
Your job and insurance rates - Did you know that where you work can have an impact on rates? Occupations like real estate brokers, architects and financial analysts tend to have higher average rates because of stressful work requirements and lots of time spent at work. Conversely, occupations such as pilots, engineers and homemakers receive lower rates.

Are you falling for claims of savings?

Companies like Allstate and Progressive constantly bombard you with ads on television and other media. All the ads say the same thing that you'll save big if you switch to their company. How does each company make almost identical claims?

All the different companies have a preferred profile for the driver that earns them a profit. A good example of a preferred risk could possibly be a mature driver, insures multiple vehicles, and has a short commute. A driver who fits that profile will qualify for the lowest rates and as a result will probably save when switching.

Potential customers who are not a match for these standards will be charged a higher premium which usually ends up with the driver buying from a lower-cost company. The ad wording is "customers that switch" not "everybody who quotes" save that much. This is how companies can make the claims of big savings. That is why drivers should get a wide range of price quotes. It is impossible to predict which insurance companies will fit your personal profile best.

For more Wisconsin auto insurance information

More detailed Wisconsin auto insurance information can be read at the Wisconsin Office of the Commissioner of Insurance website. Wisconsin consumers can read consumer alerts, learn about insurance regulations, and discover disciplinary actions.

The best insurance company isn't always the cheapest

As you shop your coverage around, it's very important that you do not skimp on coverage in order to save money. Too many times, drivers have reduced full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The aim is to get the best coverage possible at a price you can afford, not the least amount of coverage.

Discount auto insurance can be found online and also from your neighborhood Wales agents, and you need to price shop both to have the best rate selection. Some insurance providers may not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

Consumers switch companies for a number of reasons such as policy cancellation, denial of a claim, delays in responding to claim requests and even lack of trust in their agent. Regardless of your reason for switching companies, choosing a new insurance company is less work than it seems.