Is Your Worland Auto Insurance Too High?

I can’t think of a single person who cherishes buying auto insurance, in particular when the price is too high. With so many companies and agents to choose from, it can be impossible to locate the best insurance company.

Finding affordable coverage in Worland is easy if you know what you’re doing. If you currently have a car insurance policy, you should be able to save some money using these tips. Wyoming drivers just need to understand the tricks to shop on the web.

Where Can I Get Cheap Worland Auto Insurance?

Getting better auto insurance pricing is a fairly straight forward process. The only requirement is to spend a few minutes to compare quotes from different insurance companies. This can be done using a couple different methods.

  1. The best way to get quotes is to use a rate comparison form like this one (opens in new window). This method eliminates the need for repetitive form submissions for each company. One form will return quotes from multiple companies.
  2. A more difficult way to shop for auto insurance online requires you to visit each company website and fill out their own quote form. For sake of this example, let’s say you want to compare Auto-Owners, Safeco and Progressive. You would have to spend time on each company’s site and enter your policy data, and that’s why the first method is more popular.

    For a handy list of car insurance company links in Worland, click here.

  3. The least efficient method of getting rate comparisons to and from local Worland insurance agencies. Shopping for auto insurance online makes this process obsolete unless you have a need for the personal advice of a licensed agent. It is possible to compare the best prices online but buy from a local insurance agent and we’ll touch on that later.

Whichever method you choose, be sure to compare the exact same deductibles and coverage limits for each comparison quote. If your comparisons have different values for each quote it will be impossible to determine which rate is truly the best in Worland.

Discounts can save BIG

Auto insurance companies don’t always publicize every discount in an easy-to-find place, so we break down some of the more common and the harder-to-find auto insurance savings. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Anti-lock Brake System – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • Drive Safe and Save – Safe drivers can pay as much as 50% less than drivers with accidents.
  • Multi-policy Discount – If you have multiple policies with one company you will save approximately 10% to 15%.
  • Good Student – This discount can get you a discount of up to 25%. This discount can apply up to age 25.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off your PIP or medical payments premium.
  • Discount for Life Insurance – Companies who offer life insurance give better rates if you take out auto and life insurance together.
  • Student Driver Training – Require your teen driver to enroll in driver’s education in high school.
  • Multiple Vehicles – Insuring multiple vehicles on one policy could earn a price break for each car.
  • Anti-theft System – Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Save over 55 – If you’re over the age of 55, you can possibly qualify for a discount up to 10%.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Some only reduce specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you can get free auto insurance, you won’t be that lucky.

For a list of companies with the best auto insurance discounts in Wyoming, click this link.

Buying car insurance locally

A small number of people just want to talk to a local agent and that is a personal choice. Insurance agents are trained to spot inefficiencies and give you someone to call. The best thing about comparing insurance prices online is you may find better rates but also keep your business local.

By using this short form, your insurance coverage information is submitted to agents in your area who will compete for your coverage. There is no need to leave your computer since price quotes are sent to your email. Now that’s easy!

Picking an provider requires more thought than just the price. Any agent should be forthright in answering these questions:

  • If your car is totalled, how to they determine the replacement cost?
  • Will your rates increase after a single accident?
  • What insurance companies do they recommend if they are an independent agent?
  • Do they have adequate Errors and Ommissions coverage? This protects you if they make a mistake.
  • How are they compensated?
  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?

Listed below is a list of car insurance companies in Worland that may be able to provide rate quotes.

BW Insurance Agency – 900 Big Horn Ave, Worland, WY 82401 – (307) 347-6177
Hoiness LA Bar Insurance-Wyo – 928 Big Horn Ave, Worland, WY 82401 – (307) 347-6105
BW Insurance Agency – 900 Big Horn Ave, Worland, WY 82401 – (307) 347-6177
Farm Bureau Insurance – 641 N 10th St, Worland, WY 82401 – (307) 347-3583
State Farm Insurance – 409 N 10th St, Worland, WY 82401 – (307) 347-9233
Farmers Insurance Group – 808 Robertson Ave, Worland, WY 82401 – (307) 347-9822
Allstate Insurance – 723 Big Horn Ave, Worland, WY 82401 – (307) 347-2644

Once you have received reasonable responses for all questions you ask in addition to an acceptable price estimate, most likely you have located a company that is a good match to service your policy.

Do I just need basic coverages?

When it comes to choosing the best auto insurance coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is unique so this has to be addressed. For example, these questions may help highlight whether or not you might need an agent’s assistance.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Do I need motorclub coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is borrowed equipment or tools covered if stolen or damaged?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Get Cheaper Rates by Understanding Pricing

It’s important that you understand some of the elements that help determine auto insurance rates. Having a good understanding of what influences your rates allows you to make educated decisions that could result in better auto insurance rates.

The following are some of the factors companies use to determine premiums.

  • Better crash test results mean better rates – Safer cars are cheaper to insure. Safe vehicles reduce injuries and lower injury rates means lower claim amounts passed on to you as lower rates.
  • High numbers of claims are not good – Insurance companies in Wyoming generally give lower rates to insureds who do not file claims often. If you tend to file frequent claims, you can definitely plan on either policy cancellation or increased premiums. Auto insurance is designed for larger claims.
  • Younger drivers pay higher rates – More mature drivers tend to be more responsible, tend to file fewer claims and receive fewer citations. Teenage drivers have a tendency to get distracted easily when driving and because of this, their auto insurance rates are much higher.
  • Liability coverage protects you – Liability coverage is the coverage that protects you if ever a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides for a legal defense which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so do not cut corners here.
  • Lower rates with optional equipment – Driving a car with an alarm system can help lower your rates. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft.
  • Poor driving leads to higher costs – Your driving citation history has a big impact on rates. Just one ticket can boost insurance rates twenty percent or more. Careful drivers tend to pay less for car insurance than people who have multiple driving citations. Drivers who have severe citations such as reckless driving, hit and run or driving under the influence may need to submit a SR-22 form with their state DMV in order to drive a vehicle legally.
  • Sex matters – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean men are WORSE drivers than women. Men and women have accidents in similar numbers, but men tend to have more serious accidents. Men also have more aggressive citations such as reckless driving.
  • Your location affects your rates – Being located in small towns and rural areas has it’s advantages when it comes to auto insurance. Fewer people translates into fewer accidents. Drivers who live in large Wyoming cities have to deal with congested traffic and a longer drive to work. More time on the road translates into higher accident risk.

Is there deception in advertising?

Wyoming consumers can’t ignore all the ads for car insurance savings by companies like 21st Century, Allstate and State Farm. They all seem to say the same thing about savings if you change to them.

Car insurance in Worland WY

But how can every company make almost identical claims? It’s all in the numbers.

Insurance companies are able to cherry pick for the type of driver they prefer to insure. For example, a driver they prefer could be a mature driver, owns a home, and chooses high deductibles. Any new insured who matches those parameters receives the best rates and therefore will pay quite a bit less when switching companies.

Potential insureds who don’t meet the requirements must pay higher prices which usually ends up with business not being written. Company advertisements say “people who switch” not “everyone that quotes” save money. That’s why insurance companies can make those claims. This illustrates why you absolutely need to compare as many rates as you can. It is impossible to predict which company will fit your personal profile best.

Cheaper insurance is a realistic goal

As you shop your coverage around, don’t be tempted to skimp on coverage in order to save money. There are too many instances where someone dropped liability coverage limits only to find out they didn’t purchase enough coverage. Your strategy should be to purchase plenty of coverage at an affordable rate while still protecting your assets.

The cheapest auto insurance is definitely available both online and with local Worland insurance agents, so compare prices from both in order to have the best chance of saving money. Some auto insurance companies do not offer the ability to get a quote online and these regional insurance providers work with independent agents.

Additional detailed information is located at the Wyoming Insurance Department website. Wyoming consumers can read consumer alerts, find disaster information, view a list of available companies, and read state legal mandates and laws.