Is Your Wheatland Car Insurance Breaking the Bank?

Tired of trying to scrape together enough money each month for car insurance? Your situation is no different than many other drivers in Wyoming. Drivers have so many auto insurance companies to choose from, and although it’s nice to be able to choose, having more insurers makes it harder to locate the cheapest rates.

It’s smart to do rate comparisons every six months because insurance rates change regularly. Even if you got the best deal a couple years back there may be better deals available now. Don’t believe everything you read about car insurance on the internet, so with this article, you’re going to get some great ways to stop overpaying for insurance.

Wheatland Car Insurance Prices Online

Reducing your insurance rates can be quick and easy. You just have to take a few minutes comparing rate quotes online from several insurance companies. This is very easy and can be done in several different ways.

  1. The recommended way to get quotes for comparison is a comparison rater form like this one (opens in new window). This method eliminates the need for separate forms for each company you want a rate for. A single, simple form gets you price quotes instantly.
  2. A more time consuming way to find lower rates is to manually visit each individual company website to complete their respective quote request forms. For instance, let’s assume you want to compare Liberty Mutual, 21st Century and Allstate. You would have to visit each site to input your insurance information, which is why the first method is more popular. For a list of links to insurance companies in Wheatland, click here.

Whichever way you use, ensure you’re using apples-to-apples coverage information for every quote you compare. If you use different deductibles you will not be able to make an equal comparison in Wheatland.

Are you getting all your discounts?

Car insurance is not cheap, but discounts can save money and there are some available to reduce the price significantly. A few discounts will automatically apply when you purchase, but lesser-known reductions have to be requested specifically prior to getting the savings. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.
  • Auto/Home Discount – When you combine your home and auto insurance with one company you could get a discount of 10% to 20% off each policy.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts can get savings of up to 25% or more.
  • Military Discounts – Having a deployed family member can result in better rates.
  • Homeowners Discount – Owning a home in Wheatland can save you money because maintaining a house demonstrates responsibility.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.

Consumers should know that most credits do not apply to the entire cost. Most only reduce specific coverage prices like physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, you’re out of luck. Any amount of discount will bring down the amount you have to pay.

To see a list of providers offering car insurance discounts in Wyoming, click this link.

Why your price might be higher

Smart consumers have a good feel for the different types of things that go into determining your car insurance rates. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to big savings.

  • Pay less if you’re married – Having a spouse helps lower the price on your policy. It translates into being more mature and responsible and it’s proven that married drivers get in fewer accidents.
  • Liability coverage is peace of mind – Liability insurance is the coverage that protects you if ever you are found to be at fault for damages from an accident. It provides for a legal defense which can cost thousands of dollars. This coverage is very inexpensive compared to physical damage coverage, so drivers should carry high limits.
  • Add-on coverages can add up – There are many extra bells and whistles that you can buy on your car insurance policy. Coverages for personal injury protection, towing coverage and additional equipment coverage may be wasting your money. They may seem good when talking to your agent, but now you might not need them so eliminate them to save money.
  • Better credit scores mean better rates – A driver’s credit rating is a huge factor in calculating your car insurance rates. People with high credit ratings tend to be more responsible as compared to drivers with lower credit ratings. Therefore, if your credit can use some improvement, you could pay less to insure your by improving your rating.

Smart consumers save more

When buying insurance coverage, it’s very important that you do not buy less coverage just to save a little money. In many cases, an insured cut physical damage coverage and learned later they didn’t have enough coverage. The ultimate goal is to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

We just showed you a lot of information how to reduce car 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 may even find the lowest rates come from an unexpected company. These companies can often insure niche markets at a lower cost than their larger competitors like Allstate, GEICO and Progressive.

Some additional reading

Much more information about car insurance in Wyoming is located on the website for the Wyoming Insurance Department. Click here for link. Visitors are able to download brochures, find out industry alerts, find a variety of consumer forms, and view agent and company licensing information.