Nobody enjoys paying for car insurance, especially knowing their premiums are too high. Numerous auto insurance companies battle for your hard-earned dollar, and it can be difficult to compare rates and get the best coverage at the lowest rate possible.
Insurance can be prohibitively expensive, but there could be available discounts to help bring down the price. Most are applied when you quote, but some may not be applied and must be asked about in order for you to get them. If you aren’t receiving every discount you deserve, you’re paying more than you need to.
It’s important to understand that many deductions do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like comprehensive or collision. Just because you may think adding up those discounts means a free policy, companies don’t profit that way. But any discount will reduce the cost of coverage.
When buying the right insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions could help you determine whether your personal situation might need an agent’s assistance.
If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of car insurance companies in your area. It only takes a few minutes and can help protect your family.
Certain consumers just want to visit with an insurance agent and that is OK! Insurance agents are trained to spot inefficiencies and help you file claims. One of the best bonuses of price shopping on the web is the fact that you can find better rates and still choose a local agent. Supporting local businesses is especially important in Green Bay.
Upon completion of this quick form, the quote information is submitted to agents in your area who will return price quotes to get your business. There is no need to drive around as quotes are delivered straight to your inbox. How cool is that?!
If you’re trying to find a good insurance agency, there are a couple of types of insurance agents to choose from. Agents can either be captive or independent (non-captive). While both can write coverage properly, but it’s worth mentioning the difference between them because it can influence your agent selection.
Independent agencies are not required to write business for one company but instead can place your coverage with multiple insurance companies depending on which coverage is best. If your agent finds better pricing, the business is moved internally and you don’t have to find a new agent. When searching for an agent, you should always include multiple independent agents to have the most options to choose from.
The following is a short list of independent insurance agencies in Green Bay that may be able to provide comparison quotes.
Simon Insurance and Investment – 2509 Hillside Ln – Green Bay, WI 54302 – (920) 465-3843
Brad Witbro Agency – 2860 Pioneer Dr – Green Bay, WI 54313 – (920) 497-4444
Novak Agency Inc – 3223 Main St – Green Bay, WI 54311 – (920) 468-3567
Northeast Insurance Ctr – 1345 North Rd # A – Green Bay, WI 54313 – (920) 592-0500
Dan Samp Agency Inc – 550 N Military Ave # 8 – Green Bay, WI 54303 – (920) 499-6611
This type of agents write business for a single company and some examples include Farmers Insurance, American Family, State Farm and Allstate. They are unable to provide prices from multiple companies so keep that in mind. Captive agencies are very knowledgeable on their products and sales techniques which helps them compete with independent agents.
Below are Green Bay captive agents that are able to give price quotes.
American Family Insurance – 2514 Glendale Ave # B – Green Bay, WI 54313 – (920) 434-6849
Allstate Insurance – 1900 Velp Ave – Green Bay, WI 54303 – (920) 494-7999
State Farm Insurance – 1760 Allouez Ave – Green Bay, WI 54311 – (920) 465-3469
Farmers Insurance Group – 1476 Buckys Run – Green Bay, WI 54313 – (920) 819-8419
To view a complete directory of Green Bay captive agencies, please view this page.
Selecting an insurance agent needs to be determined by more than just the premium amount. Agents should be asked these questions:
After getting satisfactory answers for all questions you ask and a low price estimate, most likely you have located a car insurance agent that can insure your vehicles.
Understanding the coverages of your car insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are the normal coverages found on most car insurance policies.
This protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.
Because many people only carry the minimum required liability limits (50/100/55 in Wisconsin), it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Frequently the UM/UIM limits are identical to your policy’s liability coverage.
Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like ambulance fees, chiropractic care, prosthetic devices and nursing services. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible
This protects you from damage that occurs to people or other property in an accident. This insurance protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage protects against things like repair costs for stationary objects, funeral expenses and court costs. How much coverage you buy is up to you, but you should buy higher limits if possible. Wisconsin requires drivers to carry at least 50,000/100,000/55,000 but you should think about purchasing more coverage.
This coverage covers damage to your vehicle resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for things such as driving through your garage door, sideswiping another vehicle and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.
This covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like vandalism, a tree branch falling on your vehicle, rock chips in glass and falling objects. The maximum amount your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.
Additional car insurance information can be read on the website for the Wisconsin Office of the Commissioner of Insurance through this link. Consumers can file complaints about a company, find disaster information, and read enforcement actions against agents and companies.
While you’re price shopping online, it’s very important that you do not reduce needed coverages to save money. There are too many instances where drivers have reduced physical damage coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to get the best coverage possible for the lowest price while still protecting your assets.
We just covered many tips how you can get a better price on car insurance. The key thing to remember is the more companies you get rates for, the better your chances of lowering your rates. You may be surprised to find that the best prices are with some of the lesser-known companies. Regional companies may cover specific market segments cheaper as compared to the big name companies such as State Farm, GEICO and Nationwide.