Cheap Milwaukee Car Insurance Quotes

Would you like to stop overpaying and find cheaper insurance rates in Milwaukee, WI? Are you burned out from robbing Peter to pay Paul to pay your insurance bill each month? You are in the same boat as millions of other drivers.

Amazlingly, a recent NerdWallet.com study showed that most insurance policyholders have purchased from the same company for a minimum of four years, and nearly half have never even compared quotes to find lower-cost rates. With the average insurance premium being $1,300, Milwaukee drivers could save an average of 30% each year, but they just feel it’s too hard to shop around. Popular companies such as Progressive, State Farm and GEICO continually hit you with TV and radio ads and it is difficult to separate fact from fiction and do the work needed to find the best deal.

It’s a great practice to check insurance prices periodically since prices are usually higher with each renewal. If you had the best deal on insurance a year ago the chances are good that you can find a lower rate quote today. Forget all the misinformation about insurance because you’re about to learn how to use online quotes to eliminate unnecessary coverages and save money on insurance.

If you have insurance now or need a new policy, you can use these techniques to find the best rates and still have adequate protection. Buying the cheapest auto insurance in Milwaukee is actually quite easy if you know where to start. Drivers only need an understanding of the most time-saving way to compare rates instantly.

Getting a cheap price on insurance is actually quite simple. The only thing you need to do is spend a few minutes on the computer to compare rate quotes from different insurance companies.

Doing online rates comparisons is so easy that it makes it obsolete to drive around to different Milwaukee agent offices. Comparing online rate quotes makes this process obsolete unless you’re the type of person who wants the advice and guidance of a local agency. If you prefer, some companies allow you to comparison shop your insurance online but still have the advice of a local Milwaukee agent.

The companies in the list below offer free rate quotes in Milwaukee, WI. If the list has multiple companies, we suggest you visit as many as you can to find the lowest car insurance rates.

Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Rates do not factor in zip code location which can alter auto insurance rates substantially.

Deductible comparison

When shopping for car insurance, a common question is which deductibles should you choose. The tables below determine the price difference when you buy lower versus higher comp and collision deductibles. The first price estimate table uses a $250 deductible for physical damage and the second pricing table uses a $1,000 deductible.

Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rates do not factor in zip code location which can revise prices greatly.

Based on the figures above, using a $250 deductible could cost the average driver approximately $20 more each month or $240 every year than opting for the higher $1,000 deductible. Because you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have more than 38 months between claim filings, you would probably be better off if you choose the higher deductible. The table below shows the way you can perform this determination yourself.

One big caveat is that raising deductibles to save money means you pay more out-of-pocket at claim time. You need some available funds in the event you need to pay the deductible for vehicle repair.

Age, gender, and differences in insurance rates

The example below illustrates the comparison of car insurance costs for male and female drivers in Milwaukee. The premium estimates are based on no driving violations, no at-fault accidents, comp and collision included, $500 deductibles, drivers are single, and no policy discounts are applied on a Chevrolet Malibu LTZ.

Chevrolet Malibu rates are for example purposes only. To get rate quotes for your specific vehicle, click here.

Three main reasons to buy auto insurance

Despite the high cost, insuring your vehicle is mandatory in Wisconsin but it also protects more than you think.

• Almost all states have mandatory insurance requirements which means it is punishable by state law to not carry a minimum amount of liability coverage in order to drive the car legally. 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.
• If you took out a loan on your vehicle, more than likely the lender will force you to buy insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank will be required to insure your vehicle at a more expensive rate and force you to reimburse them a much higher amount than you were paying before.
• Auto insurance protects not only your vehicle but also your financial assets. It will also cover medical bills that are the result of an accident. As part of your policy, liability insurance also pays for attorney fees and expenses in the event you are sued. If damage is caused by hail or an accident, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.

The benefits of insuring your vehicle more than offset the price you pay, particularly if you ever have a claim. The average driver in America is currently overpaying as much as $830 a year so compare rate quotes at least once a year to ensure rates are inline.

Take policy discounts and save on insurance

Buying insurance is not cheap, but you may be missing some discounts that can drop the cost substantially. Some discounts apply automatically at quote time, but some may not be applied and must be asked about before you get the savings.

• Drivers Education – Have your child complete a driver education course in school or through a local driver safety program.
• Pay Now and Pay Less – If you pay your bill all at once instead of monthly or quarterly installments you can avoid monthly service charges.
• Membership in Organizations – Having an affiliation with qualifying employment or professional organizations could qualify you for a break on your next insurance statement.
• No Charge for an Accident – This one is not really a discount per se, but some insurance companies will turn a blind eye to one accident before they charge you more for coverage if you are claim-free prior to being involved in the accident.
• No Claim Discounts – Good drivers with no accidents can earn big discounts when compared to bad drivers.
• Online Discount – Many larger companies may give you up to $50 for completing your application on the internet.
• Good Student – Being a good student can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
• Multiple Cars – Having multiple vehicles on one policy qualifies for this discount.
• Military Rewards – Having an actively deployed family member may qualify for rate reductions.
• Anti-lock Brakes – Anti-lock brake equipped vehicles have fewer accidents and earn discounts up to 10%.

You can save money using discounts, but some credits don’t apply to the overall cost of the policy. The majority will only reduce specific coverage prices like collision or personal injury protection. If you do the math and it seems like it’s possible to get free car insurance, companies don’t profit that way.

A few popular companies and some of the premium reductions they offer are:

• Esurance has savings for claim free, online quote, anti-lock brakes, Switch & Save, and Pac-12 alumni.
• The Hartford has discounts for vehicle fuel type, good student, defensive driver, driver training, air bag, and anti-theft.
• AAA offers discounts for good driver, education and occupation, AAA membership discount, good student, and pay-in-full.
• GEICO offers premium reductions for five-year accident-free, good student, federal employee, military active duty, anti-lock brakes, multi-policy, and anti-theft.
• State Farm includes discounts for multiple autos, student away at school, safe vehicle, multiple policy, Drive Safe & Save, and accident-free.

Check with each insurance company the best way to save money. Some discounts might not be offered in Milwaukee.

Car insurance agents near you

Many people just want to get professional advice from a licensed agent and that is just fine! Experienced insurance agents can make sure you are properly covered and give you someone to call. The biggest benefit of getting online price quotes is that drivers can save money and get the lowest rates and still buy from a local agent.

After filling out this quick form, your information is immediately sent to insurance agents in Milwaukee who will give competitive quotes for your insurance coverage. You don’t have to contact any agents as quotes are delivered to you instantly. If for some reason you want to compare rates from a specific insurance company, you just need to jump over to their website and submit a quote form there.

Choosing the best insurer should include more criteria than just the quoted price. Here are some questions to ask:

• Is the agency covered by Errors and Omissions coverage?
• How much training do they have in personal risk management?
• What insurance company do they write the most business with?
• Does the company have a local claim office in Milwaukee?
• How does the company pay claims for a total loss?
• Has the agent ever had any license suspensions?

Exclusive and independent Milwaukee car insurance agents

When narrowing the list to find a local insurance agency, it can be helpful to understand the types of insurance agents and how they differ in how they can insure your vehicles. Agents may be either exclusive or independent. Either can write policy coverage, but it’s good to learn how they are different because it may have an impact on the type of agent you choose.

Exclusive Insurance Agencies

Exclusive agencies normally can only provide a single company’s rates such as State Farm, Allstate, and Farm Bureau. Exclusive agencies are unable to give you multiple price quotes so they have to upsell other benefits. They are highly trained on their products and sales techniques which can be an advantage.

Below is a list of exclusive agents in Milwaukee that are able to give price quotes.

More Milwaukee agents

Independent Agencies or Brokers

Independent insurance agents are not restricted to one company so they can quote policies with a variety of different insurance companies and find you cheaper rates. To transfer your coverage to a different company, the agent simply finds a different carrier and you don’t have to find a new agent. When comparing rates, you definitely need to contact several independent agencies to have the most options to choose from.

Below is a short list of independent agents in Milwaukee that are able to give price quote information.

More Milwaukee agents

Car insurance overall losses by make and model

What vehicles have the most claims? The statistics tables below list the best and worst models for the overall chance of filing claims.

Persistence will pay off

Some insurance companies may not have rates over the internet and usually these small insurance companies prefer to sell through local independent agencies. Budget-friendly insurance in Milwaukee can be purchased both online and with local Milwaukee insurance agents, and you should compare price quotes from both to have the best selection.

We just covered some good ideas how to compare insurance car insurance rates in Milwaukee. The most important thing to understand is the more price quotes you have, the better likelihood of getting inexpensive Milwaukee car insurance quotes. You may even discover the lowest car insurance rates come from the least-expected company. Regional companies may only write in your state and offer lower premium rates than their larger competitors like State Farm and Allstate.

For more information, link through to these articles:

• Vehicle Size and Weight FAQ (iihs.org)
• Who Has the Cheapest Car Insurance Quotes for Government Employees in Milwaukee? (FAQ)
• Who Has Cheap Auto Insurance Rates for Drivers Over Age 60 in Milwaukee? (FAQ)
• Who Has Affordable Milwaukee Auto Insurance Quotes for a Honda CR-V? (FAQ)
• Things to Know Before you Cancel Insurance (Allstate)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Side Impact Crash Tests (iihs.org)
• How to Avoid Staged Accidents (State Farm)