I really doubt anyone loves paying for insurance, especially knowing they could find better rates elsewhere.
Unimaginable but true, the vast majority of consumers kept buying from the same company for over three years, and virtually 40% of consumers have never even shopped around for lower-cost coverage. Many consumers in Wisconsin could save themselves approximately 30% a year by just comparing rate quotes, but they feel it’s too difficult to compare rates. Companies like Allstate, Progressive and GEICO all promote huge savings with fancy advertisements and it can be hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.
If you’re already insured or just want to reduce your rates, you will benefit by learning to buy cheaper car insurance and still have adequate protection. Finding the cheapest car insurance coverage in Milwaukee can be made easier if you know where to look. Drivers just need to know the quickest method to compare rate quotes using one simple form.
Car insurance providers offering competitive rates in Wisconsin
The car insurance companies shown below offer price comparisons in Wisconsin. If multiple companies are shown, it’s highly recommended you visit two to three different companies in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Dakota ST Ext Cab 2WD||$120||$272||$374||$22||$112||$900||$75|
|Dakota Bighorn Ext Cab 2WD||$134||$294||$324||$20||$98||$870||$73|
|Dakota Lonestar Ext Cab 2WD||$106||$212||$374||$22||$112||$826||$69|
|Dakota ST Crew Cab 2WD||$126||$188||$376||$22||$112||$824||$69|
|Dakota Bighorn Crew Cab 2WD||$152||$364||$324||$20||$98||$958||$80|
|Dakota Lonestar Crew Cab 2WD||$112||$242||$276||$16||$82||$728||$61|
|Dakota Bighorn Ext Cab 4WD||$228||$300||$302||$18||$90||$938||$78|
|Dakota ST Ext Cab 4WD||$156||$254||$220||$14||$66||$710||$59|
|Dakota Laramie Crew Cab 2WD||$140||$278||$324||$20||$98||$860||$72|
|Dakota ST Crew Cab 4WD||$172||$294||$260||$16||$78||$820||$68|
|Dakota Lonestar Ext Cab 4WD||$120||$184||$234||$14||$70||$622||$52|
|Dakota Bighorn Crew Cab 4WD||$172||$294||$260||$16||$78||$820||$68|
|Dakota TRX Crew Cab 4WD||$218||$484||$278||$16||$84||$1,080||$90|
|Dakota TRX Crew Cab 4WD||$196||$406||$278||$16||$84||$980||$82|
|Dakota Lonestar Crew Cab 4WD||$180||$350||$310||$18||$92||$950||$79|
|Dakota Laramie Crew Cab 4WD||$174||$300||$220||$14||$66||$774||$65|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rates do not factor in zip code location which can raise or lower premiums noticeably.
Rate difference between full and liability-only coverage
The example below shows the comparison of Dodge Dakota yearly insurance costs with liability coverage only compared to full coverage. The information is based on no claims or driving violations, $1,000 deductibles, married male driver, and no additional discounts are factored in.
When to drop comp and collision
There is no set guideline of when to drop physical damage coverage on your policy, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.
For example, let’s say your Dodge Dakota claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $4,000 after paying your deductible. If you are paying more than $400 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.
There are some situations where dropping physical damage coverage is not recommended. If you still have a loan on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.
Safe drivers Milwaukee pay cheaper rates
The example below highlights how traffic violations and fender-benders can influence Dodge Dakota insurance premiums for each different age category. The prices are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.
Insurance discounts are available for cheaper rates
Some insurance providers do not list all possible discounts very well, so the below list has both the well known in addition to some of the lesser obvious discounts that you can inquire about if you buy Milwaukee auto insurance online.
- Employee of Federal Government – Active or former government employment could provide a small rate reduction depending on your insurance provider.
- Pay Early and Save – If you pay your entire premium ahead of time instead of paying each month you can avoid the installment charge.
- Auto/Life Discount – If the company offers life insurance, you could get a discounted price on car insurance if you buy auto and life insurance together.
- Data Collection Discounts – People who choose to allow driving data collection to track driving patterns by using a telematic data system such as Progressive’s Snapshot could see a rate decrease if they show good driving skills.
- Auto/Home Discount – If you can bundle your home and auto insurance with one company you could get a discount of nearly 15% which can help you find low cost Dodge Dakota insurance.
- Own a Home and Save – Owning a house in Milwaukee may trigger a policy discount on insurance since owning and maintaining a home shows financial diligence.
A little note about advertised discounts, some of the credits will not apply to the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. So when the math indicates having all the discounts means you get insurance for free, you aren’t that lucky.
For a list of insurers that offer multiple discounts in Milwaukee, click here to view.
When should I discuss my situation with an agent?
Keep in mind that when it comes to choosing insurance from an agent or online, there isn’t really a cookie cutter policy. Your needs are unique to you and a cookie cutter policy won’t apply.
These are some specific questions could help you determine if your situation may require specific advice.
- If my car is totalled with they pay enough to replace it?
- Can I use my car for my catering business?
- How can I get high-risk coverage after a DUI?
- Do I need added coverage for expensive stereo equipment?
- Do I need PIP coverage since I have good health insurance?
- Why do I have to buy liability insurance?
- Why do I need rental car insurance?
- Will I be non-renewed for getting a DUI or other conviction?
- Should I buy only the required Wisconsin minimum liability coverage?
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.
Can’t I compare rates from local Milwaukee insurance agencies?
A small number of people prefer to talk to an insurance agent and that is recommended in a lot of cases Most agents are very good at helping people manage risk and help in the event of a claim. One of the best bonuses of getting online price quotes is you may find lower rates and also buy local. And buying from local insurance agents is important particularly in Milwaukee.
By using this short form, your information is submitted to agents in your area who will gladly provide quotes for your car insurance coverage. It’s much easier because you don’t need to contact any insurance agencies because prices are sent to the email address you provide. If you have a need to compare rates for a specific company, feel free to go to their quote page and give them your coverage information.
When looking for a reputable agency, there are two different agency structures and how they work. Car insurance agents in Milwaukee can be categorized as either exclusive agents or independent agents. Either can insure your vehicles, but it is a good idea to know why they differ since it could factor into your agent selection.
Independent Car Insurance Agents (or Brokers)
These agents are not locked into one company so they can quote policies with multiple insurance companies and possibly get better coverage at lower prices. If they find a lower price, your agent can just switch to a different company without you having to go to a different agency.
If you need lower rates, you absolutely need to get several quotes from at least one independent agent in order to compare the most rates.
Featured below is a small list of independent insurance agencies in Milwaukee who may be able to give you price quote information.
Exclusive Car Insurance Agents
Agents of this type can usually just insure with one company and some examples include AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents are unable to place coverage with different providers so it’s a take it or leave it situation. Exclusive agents are very knowledgeable on the products they sell which aids in selling service over price.
Below are Milwaukee exclusive agents who can help you get price quotes.
Finding the right auto insurance agent should depend on more than just the price. Here are some questions to ask:
- Are they involved in claim handling?
- Are they full-time agents?
- Does the agency have a current Errors and Omissions policy?
- Do they offer rental car reimbursement?
- Is there a 24/7 contact number?
- How long have they been in business?
- Which company do they place the most coverage with?
- Which family members are covered?
Understanding the coverages of a car insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the normal coverages offered by car insurance companies.
Auto collision coverage
Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for things such as sideswiping another vehicle, crashing into a building and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible on your Dakota in order to get cheaper collision rates.
This will cover damage that occurs to a person or their property in an accident. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/10 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $10,000. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage protects against things like medical services, bail bonds and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible. Wisconsin state minimum liability requirements are 25/50/10 but drivers should carry more liability than the minimum.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Dakota.
Due to the fact that many Wisconsin drivers carry very low liability coverage limits (25/50/10 in Wisconsin), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these coverages are identical to your policy’s liability coverage.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance kick in for bills for things like nursing services, ambulance fees, doctor visits and surgery. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for claims such as theft, damage from flooding, a broken windshield and vandalism. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Affordable coverage is out there
As you quote Milwaukee auto insurance, never buy less coverage just to save a little money. There are too many instances where an accident victim reduced uninsured motorist or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your goal should be to get the best coverage possible for the lowest price while still protecting your assets.
Cheaper car insurance in Milwaukee is definitely available online and from local agencies, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies may not have rates over the internet and most of the time these small, regional companies work with local independent agencies.
You just read a lot of ways to get a better price on Dodge Dakota insurance in Milwaukee. The most important thing to understand is the more quotes you get, the better your comparison will be. You may even be surprised to find that the lowest priced car insurance comes from a small mutual company. These smaller insurers may have significantly lower rates on certain market segments than their larger competitors like State Farm or Progressive.
- Distracted Driving Statistics (Insurance Information Institute)
- Who Has Cheap Car Insurance for Drivers Under 25 in Milwaukee? (FAQ)
- Who Has the Cheapest Car Insurance for Young Drivers in Milwaukee? (FAQ)
- Comprehensive Coverage (Liberty Mutual)
- Distracted Driving Extends Beyond Texting (State Farm)
- Coverage Information (Progressive Insurance)