Buy Laramie Wyoming Auto Insurance Like a Scrooge

Are you a victim of high-priced auto insurance? Believe me when I say there are lots of people in the same boat.

Many insurers vie for your insurance dollar, so it can be very hard to choose a insurance company and get the best coverage at the best rates possible.

It’s important to get comparison quotes every six months because insurance rates are usually higher with each renewal. Even if you got the best deal a year ago the chances are good that you can find a lower rate today. You’ll find quite a bit of inaccurate information about auto insurance on the web, but I’m going to show you some solid techniques on how to buy auto insurance cheaper.

If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. Finding the best rates in Laramie is not rocket science. But Wyoming vehicle owners must know how the larger insurance companies sell online and take advantage of how the system works.

Save big with these discounts

Car insurance can cost a lot, but there could be available discounts to help bring down the price. A few discounts will automatically apply when you purchase, but less common discounts must be requested specifically prior to getting the savings.

  • Senior Citizens – If you qualify as a senior citizen, you may qualify for a small decrease in premiums.
  • Safe Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates than their less cautious counterparts.
  • College Student – Youth drivers living away from home attending college without a vehicle on campus may be able to be covered for less.
  • Driver Safety – Successfully completing a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
  • Bundle and Save – If you have multiple policies with the same company you may earn 10% to 20% off each policy.
  • Memberships – Participating in a qualifying organization may earn a discount when shopping for auto insurance.
  • Life Insurance Discount – Companies who offer life insurance give better rates if you take out life insurance from them.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and therefore earn up to a 10% discount.
  • Early Signing – A few companies offer discounts for switching to them before your current expiration date. This can save 10% or more.
  • Military Rewards – Being on active duty in the military could be rewarded with lower premiums.

As a disclaimer on discounts, some credits don’t apply to the entire policy premium. Most cut individual premiums such as physical damage coverage or medical payments. Just because you may think you would end up receiving a 100% discount, auto insurance companies aren’t that generous. Any amount of discount will cut your overall premium however.

To choose providers offering auto insurance discounts in Laramie, click here to view.

Compare Auto Insurance Today

There are a lot of ways to shop for auto insurance, and some are less time-consuming than others. You could spend your day discussing policy coverages with insurance companies in Laramie, or you can utilize the web to get pricing more quickly.

All the larger companies enroll in a system where insurance shoppers complete one form, and each company returns a rated price for coverage. This prevents consumers from doing quote forms for each company you want a rate for.

To enter your information into the quoting system, click here to start a free quote.

The one downside to getting quotes like this is buyers cannot specifically choose which insurance companies to get quotes from. If you wish to select from a list of companies to compare prices, we have a page of the cheapest auto insurance companies in Wyoming. Click to view list.

It’s up to you which method you use, but double check that you are using apples-to-apples coverages and limits for every company. If you have different values for each quote then you won’t be able to truly determine the lowest rate in Laramie. Just a small difference in coverage limits could mean much higher rates. And when comparison shopping, getting more free quotes gives you a better chance of getting the best rates.

What impacts Laramie insurance rates?

Consumers need to have an understanding of some of the elements that play a part in calculating the rates you pay for auto insurance. When you know what positively or negatively determines base rates allows you to make educated decisions that will entitle you to big savings.

Shown below are a few of the “ingredients” companies use to determine prices.

compare rates in Wyoming

  • Protect your assets with liability insurance – Liability coverage will protect you if a jury decides you are liable for personal injury or accident damage. Liability insurance provides for a legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so buy as much as you can afford.
  • A lapse in coverage is a bad thing – Driving without insurance is a misdemeanor and as a result your rates will increase for letting your insurance expire. And not only will insurance be more expensive, getting caught without coverage will get you a steep fine or even jail time.You may need to provide proof of insurance in the form of an SR-22 filing with the Wyoming department of motor vehicles.
  • Pleasure use saves money – The more you drive in a year the more you’ll pay to insure your vehicle. Most insurance companies rate vehicles determined by how the vehicle is used. Cars and trucks left parked in the garage can get a lower rate compared to those used for work or business. Make sure your auto insurance policy properly reflects the correct driver usage, because it can save money.
  • Keep rates low by being claim-free – Auto insurance companies in Wyoming generally give cheaper rates to policyholders who are claim-free. If you file claims often, you can expect either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for the large, substantial claims.

Final considerations

As you prepare to switch companies, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, an insured cut physical damage coverage and discovered at claim time they didn’t have enough coverage. The aim is to find the BEST coverage for the lowest price while still protecting your assets.

We just presented a lot of ways to compare auto insurance prices online. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the biggest savings come from a smaller regional carrier. Regional companies may have significantly lower rates on certain market segments than their larger competitors like State Farm and Allstate.

More information can be found on the website for the Wyoming Insurance Department through this link. Visitors are able to file complaints about a company, file complaints about an insurance agent or broker, and read consumer alerts.