Brookfield, WI Auto Insurance Savings the Companies Don’t Want You to Know About

Tired of paying out the nose to insure your vehicles every month? Your situation is no different than most other car owners in Wisconsin. Online insurance companies like State Farm, GEICO and Farmers Insurance all promote huge savings with ads and it is difficult to ignore the propoganda and effectively compare rates to find the best deal.

It’s important to do rate comparisons quite often because rates trend upward over time. Even if you got the best price a year ago other companies may now be cheaper. So forget anything you know (or think you know) about auto insurance because it’s time to teach you the fastest way to save on auto insurance.

If you have a policy now or are shopping for new coverage, you can use these techniques to cut your premiums while maintaining coverages. Choosing the best insurance company for you in Brookfield is quite easy. Wisconsin drivers just need to know how to get comparison quotes online.

Don’t miss out on these money-saving discounts

Insuring your fleet can be pricey, but you can get discounts to help bring down the price. Some discounts apply automatically at quote time, but a few must be asked for in order for you to get them. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Homeowners Savings – Owning a home in Brookfield may earn you a small savings due to the fact that maintaining a home requires personal responsibility.
  • Memberships – Belonging to certain professional organizations could qualify you for a break on your policy.
  • Life Insurance – Companies who offer life insurance give a break if you buy life insurance.
  • Military Rewards – Having a deployed family member may qualify for rate reductions.
  • Drivers Education – Have your child complete a driver education course in school.

A little note about advertised discounts, most credits do not apply to the overall cost of the policy. The majority will only reduce individual premiums such as comp or med pay. So when it seems like you can get free auto insurance, companies wouldn’t make money that way. But all discounts will reduce the cost of coverage.

To choose companies offering auto insurance discounts in Brookfield, click here to Brookfield insurance quote

Informed Drivers can Cut Their Rates

Smart consumers have a good feel for some of the elements that go into determining auto insurance rates. Understanding what influences your rates enables informed choices that can help you get much lower annual insurance costs.

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

  • Your credit rating is important – A driver’s credit rating is a large factor in determining what you pay for auto insurance. People with high credit scores tend to be more responsible than drivers who have lower ratings. If your credit score can use some improvement, you could potentially save money when insuring your by repairing your credit.
  • Safer cars are cheaper to insure – Vehicles with high crash test scores tend to have better insurance rates. These vehicles protect occupants better and fewer injuries translates into savings for insurance companies passed on to you as lower rates.
  • Is your vehicle built for speed? – The type of vehicle you own makes a substantial difference in the rate you pay. Economy passenger cars receive the most favorable rates, but there are many factors that impact the final cost.
  • Where do you drive? – Driving more miles in a year’s time the higher your rate. Almost all companies rate vehicles based on how the vehicle is used. Autos used primarily for pleasure use qualify for better rates than those used for commuting. Double check that your auto insurance coverage is showing the proper vehicle usage.
  • Protect yourself with liability coverage – Your policy’s liability coverage provides coverage if a jury decides you are liable for damages from an accident. It provides legal defense coverage which can be incredibly expensive. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not skimp.

Don’t be fooled by advertising claims

Wisconsin drivers can’t ignore all the ads for car insurance savings by companies like Allstate and Progressive. All the ads say the same thing that you’ll save big if you change to them.

How does each company say the same thing?

Insurance companies have a preferred profile for the right customer they prefer to insure. A good example of a driver they prefer might be profiled as over the age of 50, has no tickets, and has great credit. A customer that hits that “sweet spot” is entitled to the best price and is almost guaranteed to save when they switch companies.

Consumers who are not a match for the “perfect” profile will be charged higher prices which usually ends up with business not being written. The ads say “people who switch” not “everyone that quotes” save that much. That is how insurance companies can make those claims.

That is why it’s extremely important to compare many company’s rates. It’s just too difficult to predict which insurance companies will fit your personal profile best.

Brookfield WI insurance cheap

Much more information about auto insurance in Wisconsin is available on the website for the Wisconsin Office of the Commissioner of Insurance found here. Wisconsin consumers can find disaster information, view a list of available companies, and get help finding coverage.

A little work can save a LOT of money

Cost effective auto insurance is possible on the web and also from your neighborhood Brookfield agents, so compare prices from both to have the best chance of lowering rates. Some insurance companies may not provide online quoting and many times these small, regional companies only sell through independent insurance agents.

In this article, we presented a lot of tips how to compare auto insurance prices online. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. You may even find the best price on auto insurance is with a smaller regional carrier. Some small companies can often provide lower rates in certain areas compared to the large companies like Allstate or State Farm.