Although rates will vary depending on the motorist and situation, there are some definite ways to reduce your car insurance. Here are seven no-nonsense methods to enjoy premium savings for years to come.
1. Be a Safe Driver
The first and most obvious way to reduce Wisconsin car insurance is to drive safely. Stay below the speed limit (even on interstates) and pay careful attention while driving to avoid speeding tickets and accidents. Just one or two tickets can send your auto insurance premium through the roof. The longer you maintain a good driving record, then the more your premium will be reduced over the years.
2. Keep Credit in Good Standing
Monitor your credit report and score often to keep it in good standing. Make sure debts are taken care of in a prompt manner. Avoid slow pay on utilities or rental payments and keep your loan payments up to date each month. Also, don't ignore medical bills. Unpaid medical bills can and will affect your credit score if turned in to a collection agency. If you can't pay the bill entirely, call each medical office or hospital and ask if you can start a payment plan. Even if you only pay $10 or $20 per month, this will keep medical debt off your credit report!
3. Pay Premiums on Time
Be sure to pay your car insurance premiums on time. If you allow your policy to expire, it will have to be re-instated. This can cause your premium to increase, and the insurer may decide not to re-instate your policy if you do this too many times.
4. Ask about Bundle Policies
Be sure to ask your provider about bundle policies with which you can insure your home and all vehicles with the same company. Some providers offer discounts if you insure all assets in one place.
5. Choose Vehicles Wisely
When shopping for vehicles for your family, choose those that meet the standards in safety and security. Some cars are built better than others. Insurance providers favor these types of cars because they reduce the risk of injury or death. If buying an older car, pay cash if possible. This will allow you to avoid buying collision coverage. You'll only need liability coverage in this case. If buying for your teenage driver, consider an older family style car and avoid buying a sporty car. Keep in mind that you can compare auto insurance rates online before buying a vehicle....so there should be no surprises.
6. Educate Yourself about Wisconsin Auto Insurance
Wisconsin state law requires that you purchase minimum liability insurance. This includes Bodily Injury coverage of $50,000 per individual and $100,000 per accident. You also must purchase Property Damage coverage in the amount of $15,000. Uninsured and underinsured motorist limits are $100,000 per individual and $300,000 per accident. The state of Wisconsin has a Tort car insurance system, and information about this is available at the state's website for the Department of Insurance.
7. Use Quote Comparison Sites
Lastly, don't forget to compare numerous Wisconsin providers using an online comparison site. Never take it for granted that you're getting the best quote from a local provider. You might be pleasantly surprised when comparing online that some of the most dependable providers in the state are offering lower rates. It only takes about an hour or two of your time to read through quotes online and call a few prospective agencies for further information. Be sure to enter all the required information, including any discounts for which you are eligible.
Consider these seven methods to buy WI car insurance today as well as secure your low rates for the future.
1. Be a Safe Driver
The first and most obvious way to reduce Wisconsin car insurance is to drive safely. Stay below the speed limit (even on interstates) and pay careful attention while driving to avoid speeding tickets and accidents. Just one or two tickets can send your auto insurance premium through the roof. The longer you maintain a good driving record, then the more your premium will be reduced over the years.
2. Keep Credit in Good Standing
Monitor your credit report and score often to keep it in good standing. Make sure debts are taken care of in a prompt manner. Avoid slow pay on utilities or rental payments and keep your loan payments up to date each month. Also, don't ignore medical bills. Unpaid medical bills can and will affect your credit score if turned in to a collection agency. If you can't pay the bill entirely, call each medical office or hospital and ask if you can start a payment plan. Even if you only pay $10 or $20 per month, this will keep medical debt off your credit report!
3. Pay Premiums on Time
Be sure to pay your car insurance premiums on time. If you allow your policy to expire, it will have to be re-instated. This can cause your premium to increase, and the insurer may decide not to re-instate your policy if you do this too many times.
4. Ask about Bundle Policies
Be sure to ask your provider about bundle policies with which you can insure your home and all vehicles with the same company. Some providers offer discounts if you insure all assets in one place.
5. Choose Vehicles Wisely
When shopping for vehicles for your family, choose those that meet the standards in safety and security. Some cars are built better than others. Insurance providers favor these types of cars because they reduce the risk of injury or death. If buying an older car, pay cash if possible. This will allow you to avoid buying collision coverage. You'll only need liability coverage in this case. If buying for your teenage driver, consider an older family style car and avoid buying a sporty car. Keep in mind that you can compare auto insurance rates online before buying a vehicle....so there should be no surprises.
6. Educate Yourself about Wisconsin Auto Insurance
Wisconsin state law requires that you purchase minimum liability insurance. This includes Bodily Injury coverage of $50,000 per individual and $100,000 per accident. You also must purchase Property Damage coverage in the amount of $15,000. Uninsured and underinsured motorist limits are $100,000 per individual and $300,000 per accident. The state of Wisconsin has a Tort car insurance system, and information about this is available at the state's website for the Department of Insurance.
7. Use Quote Comparison Sites
Lastly, don't forget to compare numerous Wisconsin providers using an online comparison site. Never take it for granted that you're getting the best quote from a local provider. You might be pleasantly surprised when comparing online that some of the most dependable providers in the state are offering lower rates. It only takes about an hour or two of your time to read through quotes online and call a few prospective agencies for further information. Be sure to enter all the required information, including any discounts for which you are eligible.
Consider these seven methods to buy WI car insurance today as well as secure your low rates for the future.
Source...