Never Shop For Wausau, WI Auto Insurance Without Knowing These Money Saving Techniques

Paying for high-priced auto insurance can dwindle your bank account and make it hard to pay other bills. Comparison shopping is a great way to reduce premiums and put more money in your pocket. With consumers having so many companies and agents to choose from, it’s nearly impossible to choose the right car insurance company.

You need to compare rates once or twice a year because insurance rates are usually higher with each renewal. Even if you think you had the best price two years ago the chances are good that you can find a lower rate today. You can find a lot of misleading information regarding auto insurance on the web, but I’m going to show you some excellent ideas to put money back in your pocket.

Choosing the best insurance company for you in Wausau is not that difficult. If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Wisconsin drivers just need to know the tricks to shop their coverage around online.

Verify you’re getting all your discounts

Auto insurance companies do not list all their discounts very well, so we researched both well-publicized and the more hidden savings tricks you should be using. If you don’t get every credit you deserve, you’re paying more than you need to.

• Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
• Federal Government Employee – Active or retired federal employment can save as much as 8% with certain companies.
• Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt could cut 10% or more off the personal injury premium cost.
• One Accident Forgiven – Certain companies permit an accident before hitting you with a surcharge as long as you don’t have any claims for a set time period.
• Distant Student – Youth drivers who are attending college and do not have a car may be able to be covered for less.
• Club Memberships – Belonging to certain professional organizations may earn a discount when shopping for auto insurance.

Keep in mind that some of the credits will not apply to the entire cost. Most only reduce individual premiums such as comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, auto insurance companies aren’t that generous.

To choose insurers with discount auto insurance rates in Wausau, click this link.

When should I talk to an agent?

When buying coverage, there is no best way to insure your cars. Every insured’s situation is different and your policy should reflect that. For instance, these questions could help you determine whether your personal situation will benefit from professional help.

• How much liability do I need to cover my assets?
• Is my teen driver covered when they drive my company car?
• Am I covered when using my vehicle for business?
• Is my custom paint covered by insurance?
• Does coverage extend to a rental car in a foreign country?
• Will I lose any money if I cancel my policy before it expires?
• Am I covered when driving in Canada or Mexico?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Are auto insurance companies telling the truth?

Consumers in Wisconsin get pounded daily by advertisements for cheaper car insurance by companies like Progressive, Allstate and GEICO. All the ads have a common claim that you’ll save big if you move to them.

But how can every company claim to save you money? It’s all in the numbers.

Different companies have a certain “appetite” for the driver they prefer to insure. For instance, a profitable customer might be profiled as over the age of 50, has no tickets, and has great credit. A propective insured who matches those parameters will qualify for the lowest rates and most likely will save when they switch companies.

Drivers who are not a match for these standards will be charged higher rates and this can result in the customer not buying. Company advertisements say “drivers who switch” but not “drivers who get quotes” save money. That’s the way companies can make the claims of big savings. That is why drivers should get quotes from several different companies. It is impossible to predict which company will provide you with the cheapest rates.

Some additional reading

Additional detailed information can be read at the Wisconsin Office of the Commissioner of Insurance website. Wisconsin consumers can file complaints about a company, find out which companies have the most complaints, read enforcement actions against agents and companies, and learn about insurance regulations.

Other informative sites include this page for auto insurance prices in Wisconsin and CarInsuranceDIY.com.

What is YOUR best insurance company?

Low-cost auto insurance can be purchased from both online companies and with local Wausau insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some companies do not offer online price quotes and most of the time these regional insurance providers sell through independent agents.

You just learned some good ideas how to get a better price on auto insurance. The key thing to remember is the more you quote, the higher the chance of saving money. Drivers may discover the lowest premiums are with a small mutual company. Regional companies may often insure only within specific states and give getter rates than their larger competitors like State Farm and Allstate.