Do you want to stop overpaying and find more affordable insurance rates in Madison, WI? Madison buyers have many options when searching for low-cost Honda Clarity insurance. You can either waste hours struggling with agents to compare prices or utilize the internet to get rate quotes. There are both good and bad ways to find insurance online so we’re going to tell you the best way to price shop coverage for a Honda and obtain the cheapest rates either online or from Madison insurance agents.
If you have insurance now or are shopping for new coverage, take advantage of these tips to get lower rates while maintaining coverages. We hope to introduce you to the best ways to compare prices and also save some money in the process Smart buyers just need to use the quickest method to compare prices using one simple form.
Don’t overlook these Honda Clarity insurance discounts
The price of auto insurance can be rather high, but you may find discounts that could drop your premiums quite a bit. A few discounts will be applied when you purchase, but once in a while a discount must be manually applied before being credited.
- Student Discounts – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
- Seat Belts Save – Forcing all vehicle occupants to buckle up can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
- Driver’s Education for Students – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
- Data Collection Discounts – Drivers that enable companies to look at driving habits through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if they are good drivers.
- Safe Drivers – Accident-free drivers can pay as much as 50% less compared to rates paid by drivers with frequent claims.
Don’t be surprised that most discount credits are not given to the entire policy premium. Most only reduce specific coverage prices like comp or med pay. Just because it seems like all the discounts add up to a free policy, that’s just not realistic.
A list of companies and some of their more popular discounts are detailed below.
- Progressive has savings for multi-policy, multi-vehicle, good student, continuous coverage, and homeowner.
- AAA may include discounts for good student, multi-car, anti-theft, multi-policy, AAA membership discount, pay-in-full, and good driver.
- Farmers Insurance offers discounts including mature driver, alternative fuel, electronic funds transfer, homeowner, early shopping, bundle discounts, and good student.
- GEICO may have discounts that include air bags, good student, driver training, anti-theft, multi-policy, five-year accident-free, and daytime running lights.
- Esurance offers discounts for safety device, online shopper, anti-lock brakes, multi-car, good driver, and Switch & Save.
- SAFECO offers premium reductions for anti-lock brakes, homeowner, drive less, teen safety rewards, bundle discounts, accident prevention training, and teen safe driver.
- State Farm policyholders can earn discounts including safe vehicle, good driver, student away at school, accident-free, and defensive driving training.
If you are trying to find cheaper Madison auto insurance quotes, ask every prospective company which discounts you qualify for. Some discounts listed above may not be available in your area. To view insurers with discount rates in Wisconsin, click here.
Compare Honda Clarity insurance rates
Most of the larger companies allow consumers to get insurance quotes online. Getting online quotes for Honda Clarity insurance in Madison doesn’t take a lot of time as you just type in the amount of coverage you want into the quote form. When the form is submitted, their rating system sends out for information on your driving record and credit history and provides a quote.
The ability to get online rate quotes for Honda Clarity insurance in Madison makes it simple to compare prices and it’s also necessary to have as many quotes as possible if you are searching for the most affordable auto insurance rates.
In order to compare pricing, compare quotes from the companies shown below. If you have your current policy handy, we recommend you copy the coverages identical to your current policy. This ensures you will have rate comparison quotes for the exact same coverage.
The car insurance companies shown below can provide price comparisons in Wisconsin. To get cheap car insurance in WI, we recommend you visit several of them to get the best price comparison.
How do Insurers Determine Honda Clarity Insurance Costs?
Lots of factors are used when premium rates are determined. A few of the factors are predictable such as your driving history, but others are less obvious such as your credit history and annual miles driven. Part of the insurance buying process is learning the rating factors that come into play when calculating the price you pay for insurance. If you understand what impacts premium levels, this enables informed choices that may reward you with much lower annual insurance costs.
Listed below are a few of the “ingredients” companies use to determine prices.
- Battle of the sexes – Statistics have proven that females take fewer risks when driving. However, don’t assume that men are WORSE drivers than women. Males and females have at-fault accidents in similar percentages, but guys tend to have more serious accidents. Men also statistically get cited for more serious violations like DUI and reckless driving. Youthful male drivers tend to get in the most accidents so it costs more to insure them.
- Safer cars mean better rates – Vehicles with good safety scores cost less to insure. Highly rated vehicles protect occupants better and any reduction in injury severity means less claims paid passed on to you as lower rates.
- Being married can lower prices – Your spouse actually saves money compared to being single. Marriage generally demonstrates drivers are more responsible and it’s proven that married couples file fewer claims.
- Liability coverage – Liability insurance kicks in if ever you are responsible for physical damage or personal injury to other. Your policy’s liability insurance provides for a legal defense starting from day one. It is affordable coverage compared to insuring for physical damage coverage, so drivers should make sure they buy enough to cover all assets.
- What type of car, truck or SUV do you drive? – The type of vehicle you need insurance for makes a significant difference in the rate you pay. The lowest performance passenger cars usually have the lowest rates, but your final cost has many other factors.
- Careless drivers pay higher premiums – A bad driving record can have a huge impact on auto insurance premiums. Even one chargeable violation may increase your cost by as much as thirty percent. Attentive drivers get better rates than their less careful counterparts. Drivers who have dangerous violations such as DWI, reckless driving or hit and run convictions may face state-mandated requirements to file a SR-22 with their state DMV in order to continue driving.
- Policy add-ons may not be needed – Insurance policies have a lot of optional add-on coverages that may not really be needed if you don’t pay attention. Coverage for things like personal injury protection, towing coverage, and additional equipment coverage may not be needed and are just wasting money. The coverages may be enticing at first, but your money might be better spent on other coverage so consider taking them off your policy.
Buying car insurance from Madison insurance agencies
A small number of people would rather sit down and talk to an agent and doing that can be a smart decision Good insurance agents are trained risk managers and help file insurance claims. A nice benefit of price shopping on the web is the fact that drivers can get cheap rate quotes and still have an agent to talk to.
After filling out this simple form, your coverage information is transmitted to local insurance agents in Madison who can give free rate quotes for your business. You never need to leave your computer since price quotes are sent instantly to you. In the event you want to get a rate quote from a particular provider, you can always jump over to their website and complete a quote there.
Finding the right insurance company should include more criteria than just a cheap price. Any agent in Madison should have no problem answering these questions:
- Will the quote change when the policy is issued?
- Will they give you a referral list?
- Do you work with a CSR or direct with the agent?
- If you have an accident, will your rates go up?
- What insurance company do they write the most business with?
- Is the agent properly licensed in Wisconsin?
- What discounts might you be missing?
If you are searching for a local Madison insurance agency, it’s helpful to know the different agency structures and how they function. Car insurance agencies are categorized either exclusive or independent (non-exclusive). Either can properly insure your vehicles, but it’s good to learn why they differ since it may influence which agent you choose.
Exclusive Agents
Agents that choose to be exclusive normally can only provide a single company’s rates like Farmers Insurance and State Farm. Exclusive agents cannot compare other company’s rates so they have no alternatives for high prices. Exclusive agents are well trained on their company’s products which can be an advantage. Consumers sometimes purchase coverage from exclusives mostly because of the brand and the convenience of having a single billing for all their coverages.
Listed below are Madison exclusive insurance agents who can help you get rate quotes.
- American Family Insurance – Jennifer Haack Agency LLC
3312 Packers Ave – Madison, WI 53704 – (608) 249-2182 – View Map - American Family Insurance – Daniel Piazza
2601 Crossroads Dr Ste 100 – Madison, WI 53718 – (608) 241-9000 – View Map - American Family Insurance – Vicki Wagener Agency LLC
1633 Thierer Rd – Madison, WI 53704 – (608) 249-2184 – View Map
Independent Car Insurance Agencies
These type of agents do not work for one specific company and that allows them to write policies through lots of different companies and find you the best rates. If they find a cheaper price, your policy is moved internally which makes it simple for you.
When comparison shopping, you need to get some free quotes from several independent agencies to have the most options to choose from. They also have the ability to place coverage with less well-known companies who may have lower rates.
Below is a short list of independent agencies in Madison that are able to give price quote information.
- Dairyland Auto Insurance
1800 Deming Way – Madison, WI 53717 – (608) 836-3000 – View Map - Spectrum Insurance Group – Madison
525 Junction Rd #8505 – Madison, WI 53717 – (608) 204-7055 – View Map - Neckerman Insurance Services
6200 Mineral Point Rd – Madison, WI 53705 – (608) 238-2686 – View Map
Protect your vehicle and other assets
Even though it can be expensive, buying insurance is required by state law in Wisconsin and it also provides benefits you may not be aware of.
First, the majority of states have minimum liability requirements which means you are required to carry a minimum amount of liability coverage if you drive a vehicle. 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 you took out a loan on your car, it’s guaranteed your bank will have a requirement that you carry insurance to guarantee payment of the loan. If you let the policy lapse, the bank may buy a policy for your Honda for a much higher rate and make you pay for the much more expensive policy.
Third, insurance safeguards your vehicle and your assets. It will also provide coverage for many types of medical costs that are the result of an accident. Liability coverage, the one required by state law, also covers legal expenses in the event you are sued. If your Honda gets damaged, your insurance policy will pay to repair the damage.
The benefits of insuring your Clarity more than offset the price you pay, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is overpaying more than $800 each year so compare rates at every policy renewal to be sure current rates are still competitive.
Cheaper car insurance is a realistic goal
As you prepare to switch companies, you should never reduce needed coverages to save money. There are too many instances where consumers will sacrifice collision coverage and discovered at claim time that it was a big error on their part. Your strategy should be to find the BEST coverage for the lowest cost.
There are still a few companies who may not provide the ability to get a quote online and most of the time these smaller companies prefer to sell through local independent agents. Affordable Honda Clarity insurance in Madison can be bought on the web and with local Madison insurance agents, and you should be comparing both to have the best chance of lowering rates.
In this article, we covered many ways to get a better price on Honda Clarity insurance in Madison. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting affordable Madison auto insurance quotes. Consumers could even find that the most savings is with a smaller regional carrier.
Steps to buying affordable Honda Clarity insurance in Madison
Really, the only way to find lower priced Honda Clarity insurance in Madison is to compare prices annually from insurers in Wisconsin. This can be done by completing these steps.
Step 1: Spend a few minutes and learn about how insurance companies determine prices and the changes you can make to prevent expensive coverage. Many things that result in higher rates such as at-fault accidents, careless driving, and poor credit history can be improved by making minor changes in your lifestyle.
Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from a single company like Progressive or Farmers Insurance, while independent agents can provide price quotes from multiple companies.
Step 3: Compare the quotes to your current policy premium to see if cheaper Clarity coverage is available. If you find a lower rate quote, ensure coverage does not lapse between policies.
Step 4: Give notification to your current company of your intention to cancel your current car insurance policy and submit the completed application along with a down payment for the new policy. Once the application is submitted, keep the new certificate verifying proof of insurance with your vehicle’s registration.
An essential thing to point out is to use the same level of coverage on every quote request and and to get prices from as many different insurance providers as possible. This ensures a level playing field and and a good selection of different prices.
More resources
- Distracted Driving Extends Beyond Texting (State Farm)
- Who Has Cheap Car Insurance for a Chevrolet Silverado in Madison? (FAQ)
- How Much is Auto Insurance for Drivers with a Bad Driving Record in Madison? (FAQ)
- Cellphones, Texting and Driving (iihs.org)
- Older Driver Statistics (Insurance Information Institute)
- Choosing an Insurance Company (Insurance Information Institute)