Looking for lower-priced insurance rates in Milwaukee, WI? Milwaukee consumers have a choice when looking for affordable Ford GT insurance. You can either waste hours contacting agents to get rate comparisons or use the internet to find the lowest rates.
There are more efficient ways to compare insurance rates so you’re going to learn the quickest way to quote coverages for your Ford and find the cheapest rates from both online companies and Milwaukee agents.
It is always a good idea to quote other rates as often as possible since prices go up and down regularly. Just because you had the best deal on Ford GT insurance in Milwaukee two years ago you may be paying too much now. Forget anything you know (or think you know) about insurance because we’re going to demonstrate the quickest way to find the best coverage while lowering your premiums.
The majority of larger companies like State Farm, GEICO and Progressive allow you to get prices on their websites. The process is quite easy as you just type in the coverage amounts you desire as requested by the quote form. When complete, their quoting system will obtain your credit score and driving record and generates pricing information based on the information you submitted.
This streamlines rate comparisons, and it is imperative to perform this step if you want to find the best possible rates on auto insurance.
To find out how much you’re overpaying now, take a look at the companies shown below. If you have a policy now, it’s recommended you replicate the limits and deductibles exactly as they are listed on your policy. This guarantees you will get a price comparison for similar insurance coverage.
The companies shown below have been selected to offer free quotes in Wisconsin. If the list has multiple companies, it’s a good idea that you get price quotes from several of them to get the best price comparison.
These discounts can cut Ford GT insurance rates
Companies that sell car insurance don’t always list every policy discount in a way that’s easy to find, so we took the time to find a few of the more well known as well as the least known credits that you can use to lower your rates.
- Life Insurance Discount – Insurance carriers who offer life insurance give a discounted auto insurance rate on car insurance if you buy life insurance from them.
- Student in College – College-age children who are enrolled in higher education away from home and do not have a car may qualify for this discount.
- Buy New and Save – Buying a new car model can save you some money because newer vehicles are generally safer.
- Theft Deterrent System – Cars, trucks, and SUVs with anti-theft systems have a lower chance of being stolen and therefore earn up to a 10% discount.
- Accident-Free Discounts – Good drivers with no accidents have much lower rates compared to drivers who are more careless.
- ABS Brakes – Cars and trucks equipped with ABS or steering control can stop better under adverse conditions so you can save 10 percent or more.
- Bundled Policy Discount – If you insure your home and vehicles with one company you could get a discount of up to 20% off your total GT insurance premium.
- One Accident Forgiven – This one is not really a discount per se, but some companies like Progressive, Allstate, and GEICO will allow you to have one accident without raising rates as long as you don’t have any claims for a certain period of time.
One thing to note about discounts is that most discount credits are not given to the entire cost. Most only apply to the price of certain insurance coverages like medical payments or collision. So when the math indicates you would end up receiving a 100% discount, it’s just not the way it works.
Companies and a summarized list of policyholder discounts include:
- State Farm has discounts for defensive driving training, multiple policy, good driver, good student, accident-free, driver’s education, and Drive Safe & Save.
- American Family may have discounts that include bundled insurance, Steer into Savings, TimeAway discount, air bags, and good driver.
- AAA offers discounts for multi-policy, AAA membership discount, multi-car, good driver, and pay-in-full.
- GEICO offers discounts including good student, driver training, seat belt use, five-year accident-free, military active duty, membership and employees, and air bags.
- Mercury Insurance offers premium reductions for location of vehicle, good driver, anti-theft, age of vehicle, ease of repair, type of vehicle, and good student.
- Farmers Insurance policyholders can earn discounts including business and professional, teen driver, distant student, switch companies, mature driver, youthful driver, and alternative fuel.
- Progressive has savings for continuous coverage, multi-vehicle, online quote discount, online signing, homeowner, and good student.
Double check with all companies you are considering which discounts can lower your rates. Savings may not apply to policyholders in Milwaukee. If you would like to see a list of providers with discount rates in Milwaukee, click here to view.
Are auto insurance agents a thing of the past?
Certain consumers would prefer to buy from a local agent and that is OK! Insurance agents can help determine the best coverages and will help you if you have claims. One of the great benefits of comparing auto insurance online is you can get better rates but still work with a licensed agent. And buying from local insurance agencies is still important in Milwaukee.
To find an agent, once you fill out this form (opens in new window), your insurance coverage information is emailed to companies in Milwaukee who will gladly provide quotes and help you find cheaper coverage. It makes it easy because there is no need to contact any insurance agencies since price quotes are sent to you instantly. If you need to compare prices from one company in particular, don’t hesitate to navigate to their website and complete a quote there.
Choose the right car insurance agent
If you’re trying to find a reputable agency, there are a couple of different types of agents from which to choose. Insurance agencies in Milwaukee can be categorized as either independent (non-exclusive) or exclusive. Either one can do a good job, but we need to point out how they differ because it can influence buying decisions.
Independent Agents (or Brokers)
Agents that elect to be independent are not limited to a single company so they can write business with any number of different companies and find you the best rates. If prices rise, your policy is moved internally which is easy for the insured. When comparing auto insurance prices, you need to get rate quotes from a few independent agents so that you can do a thorough price comparison. Most have the option of insuring with companies that do not advertise much which could offer lower prices.
The following are Milwaukee independent agencies that may be able to give competitive price quotes.
- Frank Marchan Insurance Agency, LLC
3931 S Howell Ave – Milwaukee, WI 53207 – (414) 755-4999 – View Map - See Insurance Agency LLC
7817 W Brown Deer Rd – Milwaukee, WI 53223 – (414) 355-5433 – View Map - Wesley Insurance
5600 W Center St – Milwaukee, WI 53210 – (414) 873-4500 – View Map
Exclusive Insurance Agencies
Agents that choose to be exclusive can only write with one company such as Farmers Insurance, State Farm, or Allstate. Exclusive agents are unable to place coverage with different providers so you might not find the best rates. Exclusive agents are well schooled on what they offer which helps them sell insurance even at higher premiums. Some insured continue to buy from exclusive agents partially due to the brand name rather than having low rates.
Below are exclusive agents in Milwaukee willing to provide comparison quotes.
- Allstate Insurance: Mark Stanley
3525 S 68th St – Milwaukee, WI 53220 – (414) 321-3700 – View Map - Mark Bojarski – State Farm Insurance Agent
4724 W Forest Home Ave – Milwaukee, WI 53219 – (414) 545-6820 – View Map - American Family Insurance – Lamar E. Dismuke
8201 W Capitol Dr – Milwaukee, WI 53222 – (414) 527-1925 – View Map
Picking an insurance agent requires more thought than just a cheap price. The following questions are important to ask.
- Will they give you a referral list?
- How long has the business existed?
- Is there a Errors and Omissions policy in force?
- Do they offer claims assistance after hours?
- Are they primarily personal or commercial lines agents in Milwaukee?
- Which companies do they recommend if they are an independent agency?
Once you have received reasonable responses to all your questions and an affordable coverage quote, you may have found a car insurance agent that will provide auto insurance coverage.
Your situation helps dictate your coverage
When quoting and comparing coverage online or from an agent, there isn’t really a best way to insure your cars. Your financial needs are unique.
These are some specific questions might point out if your situation could use an agent’s help.
- Should I get collision insurance on every vehicle?
- Who does medical payments coverage extend to?
- What is an SR-22 filing?
- Is my state a no-fault state?
- Does my liability insurance cover pulling a trailer or camper?
- Does insurance cover tools stolen from my truck?
- Are my custom wheels covered?
- Should I waive the damage coverage when renting a car?
If you don’t know the answers to these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form. It is quick, free and may give you better protection.
Seven Things That Affect Your Insurance Premiums
Lots of things are considered when you quote your car insurance policy. Some are pretty understandable like your driving record, but others are more transparent like where you live or your vehicle rating.
- Never let your car insurance policy expire – Having a gap between insurance policy dates is a quick way to increase your renewal premiums. And not only will insurance be more expensive, failure to provide proof of insurance could earn you a hefty fine and possibly a revoked license.
- Small frequent car insurance claims are not good – Car insurance companies in Wisconsin give the best rates to insureds who are claim-free. If you’re an insured who likes to file claims you can expect higher premiums or even policy non-renewal. Auto insurance is intended for larger claims.
- Use credit responsibly and save – Credit score will be a significant factor in calculating your car insurance rates. People with high credit ratings tend to be less risk to insure than drivers with lower ratings. So if your credit rating is not that good, you could save money insuring your Ford GT by improving your credit score.
- Cautious drivers pay less – A bad driving record impacts premiums far more than you think. Drivers with clean records pay less for auto insurance than bad drivers. Getting just one speeding ticket or other violation can increase the cost of insurance by twenty percent. Drivers unfortunate enough to have dangerous citations like DWI, reckless driving or hit and run convictions might be required by their state to complete a SR-22 with their state motor vehicle department in order to legally drive a vehicle.
- Liability coverage limits on your policy – Liability coverage will provide protection if you are responsible for damages caused by your negligence. Liability insurance provides you with a defense in court which can cost thousands of dollars. Liability is cheap when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
- Male premiums may be higher – The statistics show females are less aggressive when driving. However, this does not mean women are BETTER drivers than men. They both cause auto accidents in similar numbers, but the male of the species get into accidents with more damage. Not only are claims higher, but men receive more costly citations such as reckless driving. Teenage male drivers are the most expensive to insure and therefore pay the highest rates.
- If you don’t need it don’t buy it – Insurance companies have many extra bells and whistles that can add up if you aren’t careful. Coverage for things like roadside assistance, towing coverage, and membership fees may be wasting your money. The coverages may be enticing initially, but if you don’t need them eliminate them to save money.
Why you need insurance for your Ford vehicle
Even though it can be expensive, buying car insurance is mandatory in Wisconsin but it also protects more than you think.
First, just about all states have minimum mandated liability insurance limits which means you are required to carry a specific level of liability coverage in order to drive the car. In Wisconsin these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your Ford GT has a lien holder, most lenders will force you to have comprehensive coverage to guarantee loan repayment. If you do not pay your insurance premiums, the lender will be forced to insure your Ford at an extremely high rate and require you to reimburse them for the expensive policy.
Third, insurance safeguards both your Ford and your assets. It also can pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are sued as the result of your driving. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of buying enough insurance definitely exceed the cost, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer is overpaying over $865 each year so compare rate quotes every year to ensure rates are competitive.
Frequent quotes can save
We’ve covered some good ideas how you can reduce Ford GT insurance car insurance rates online in Milwaukee. The key thing to remember is the more companies you get premium rates for, the better your comparison will be. You may even be surprised to find that the lowest priced insurance comes from the smaller companies.
As you restructure your insurance plan, never skimp on coverage in order to save money. In too many instances, someone dropped comprehensive coverage or liability limits only to regret that it was a big error on their part. The aim is to purchase a proper amount of coverage at the best possible price, but do not skimp to save money.
People change insurance companies for a variety of reasons including extreme rates for teen drivers, poor customer service, policy cancellation and high rates after DUI convictions. Regardless of your reason for switching companies, finding a great new company is actually quite simple.
Additional resources
- Older Driver Statistics (Insurance Information Institute)
- Who Has Cheap Auto Insurance for High Mileage Drivers in Milwaukee? (FAQ)
- What Car Insurance is Cheapest for a Subaru Forester in Milwaukee? (FAQ)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Crash Avoidance Technologies FAQ (iihs.org)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Bodily Injury Coverage (Liberty Mutual)