It's amazing but most auto insurance customers renewed their policy with the same company for a minimum of four years, and almost 40% of drivers have never shopped around. With the average premium in Wisconsin being $1,343, drivers could save approximately 30% every year just by getting comparison quotes, but most just don't grasp the rate savings if they switch to a new company.
It takes a few minutes, but the best way to save on auto insurance rates in Madison is to regularly compare quotes from providers that sell auto insurance in Wisconsin.
First, learn about car insurance and the factors you can control to keep rates low. Many things that cause high rates such as traffic citations and a bad credit rating can be remedied by improving your driving habits or financial responsibility. Read the full article for additional tips to help prevent costly coverage and get additional discounts that may be available.
Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from a single company like GEICO or Farmers Insurance, while independent agents can provide rate quotes for many different companies.
Third, compare the new quotes to your existing rates to see if switching to a new carrier will save money. If you find a better price and buy the policy, make sure there is no lapse in coverage.
Fourth, give notification to your agent or company to cancel the current policy and submit a completed application and payment for the new policy. Immediately put the certificate verifying coverage in an easily accessible location in your vehicle.
The key thing to remember is to use identical limits and deductibles on every price quote and to quote with as many companies as you can. This provides a fair rate comparison and plenty of rates choose from.
Suzuki SX4 insurance quotes comparison
Reducing your insurance rates is actually easier than you may think. Drivers just need to take a couple of minutes getting comparison quotes from online providers.
Comparison shopping price quotes online is easy and it makes it obsolete to drive to all the different insurance agencies. The ability to quote Suzuki SX4 insurance online can eliminate the need for a local agent unless you have a complicated situation and need the extra assistance only provided by licensed agents. It is possible with some companies obtain prices from the web but purchase the actual policy in an agency.
The companies in the list below have been selected to offer free rate quotes in Madison, WI. To buy cheaper car insurance in Madison, WI, it's highly recommended you click on several of them in order to find the most affordable rates.
Suzuki SX4 insurance rates and statistics
The coverage information displayed below outlines a range of insurance coverage prices for Suzuki SX4 models. Being able to understand how car insurance prices are established can assist in making smart policy decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|SX4 Sport S||$124||$294||$260||$16||$78||$772||$64|
|SX4 Sport SE||$124||$294||$260||$16||$78||$772||$64|
|SX4 Technology 2WD||$124||$248||$260||$16||$78||$726||$61|
|SX4 Sportback 2WD||$124||$248||$260||$16||$78||$726||$61|
|SX4 AWD AWD||$124||$248||$260||$16||$78||$726||$61|
|SX4 Sport GTS||$124||$294||$260||$16||$78||$772||$64|
|SX4 Technology AWD||$140||$248||$260||$16||$78||$742||$62|
|SX4 Touring AWD||$140||$248||$260||$16||$78||$742||$62|
|Get Your Own Custom Quote Go|
Prices above based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Estimates do not factor in the specific area where the vehicle is garaged which can change rates considerably.
The information below illustrates how your deductible choice and can increase or decrease Suzuki SX4 annual premium costs for different age groups. The information is based on a single male driver, comprehensive and collision coverage, and no discounts are factored in.
Insuring your Suzuki SX4 just makes sense
Even though it's not necessarily cheap to insure a Suzuki in Madison, insurance serves a purpose in several ways.
- Most states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability insurance in order to be legal. 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 bought your Suzuki SX4 with a loan, more than likely the lender will force you to buy full coverage to guarantee loan repayment. If coverage lapses or is canceled, the lender will be forced to insure your Suzuki at a more expensive rate and require you to fork over for the much more expensive policy.
- Insurance protects both your Suzuki and your assets. It will also provide coverage for many types of medical costs that are the result of an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of buying insurance definitely exceed the price paid, 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 rates at every renewal to ensure rates are inline.
Choices You Make Can Impact Your Insurance Prices
When buying car insurance it's important to understand some of the things that are used to determine your premiums. If you know what positively or negatively impacts your premiums, this helps enable you to make changes that could result in better car insurance rates.
Save money with higher comp and collision deductibles - Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your Suzuki from damage. Some instances where coverage would apply would be colliding with a building, hitting a deer, or theft. Comprehensive and collision coverage deductibles are how much you are required to spend out-of-pocket before a claim is paid by your company. The more expense you have to pay, the less money you will pay for car insurance.
Lower prices with alarm systems - Buying a car with a theft deterrent system can help lower your rates. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms all hinder vehicle theft.
Single drivers may pay higher rates - Your spouse helps lower the price on your policy. Marriage means you're more stable financially it has been statistically shown that drivers who are married file infrequent claims.
A policy lapse can increase prices - Not having insurance is illegal and any future policy may cost more because you let your insurance expire. Not only will rates go up, the inability to provide proof of insurance may earn you fines and jail time.
Is your car built for speed? - The make and model of the car you need to insure makes a huge difference in your premium level. Smaller low performance passenger cars generally have the cheapest insurance rates, but that's not the only thing that factors into the final price.
The data below uses these variables: married female driver age 50, full coverage with $100 deductibles, and no discounts or violations. The chart compares Suzuki SX4 insurance rates compared to other models that have different performance risks.
Why do you need liability? - Your car insurance policy's liability coverage kicks in if you are ruled to be at fault for an accident. This coverage provides legal defense coverage to defend your case. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
Better drivers pay less - Your driving citation history has a big impact on rates. Careful drivers receive lower rates as compared to those with violations. Even one speeding ticket may increase your cost by twenty percent. Drivers with flagrant violations like reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 form with their state's licensing department in order to drive a vehicle legally.
The example below demonstrates how speeding tickets and at-fault fender-benders can increase Suzuki SX4 car insurance rates for different age categories. Data assumes a married female driver, full coverage, $250 deductibles, and no additional discounts are factored in.
Different people need different insurance coverages
When it comes to the right insurance coverage, there really is not a "perfect" insurance plan. Your situation is unique.
For instance, these questions might help in determining whether your personal situation could use an agent's help.
- Are my friends covered when driving my Suzuki SX4?
- Is motorclub coverage worth it?
- Does my policy cover me when driving someone else's vehicle?
- Is there coverage for my trailer?
- If I use my vehicle for business use is it covered?
- Will I lose any money if I cancel my policy before it expires?
- What vehicles should carry emergency assistance coverage?
- Is upholstery damage covered by car insurance?
If it's difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form. It's fast, doesn't cost anything and can provide invaluable advice.
Best car insurance company in Wisconsin
Insuring your vehicle with the highest-rated auto insurance provider can be a challenge considering how many choices there are in Wisconsin. The company information listed below may help you decide which insurers to look at when looking for cheaper rates.
Top 10 Madison Car Insurance Companies Ranked by Customer Service
- State Farm
- Safeco Insurance
- American Family
- Liberty Mutual
- Erie Insurance
- The Hartford
Top 10 Madison Car Insurance Companies by A.M. Best Rank
- USAA - A++
- Travelers - A++
- State Farm - A++
- GEICO - A++
- Nationwide - A+
- Esurance - A+
- The Hartford - A+
- Erie Insurance - A+
- Progressive - A+
- Allstate - A+
Lower rates by being persistent
Drivers leave their current company for many reasons like delays in responding to claim requests, extreme rates for teen drivers, lack of trust in their agent and poor customer service. It doesn't matter what your reason, finding a new insurance company is less work than it seems.
As you quote Madison auto insurance, it's not a good idea to buy lower coverage limits just to save a few bucks. There have been many situations where an insured cut liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible at the best possible price while still protecting your assets.
We just presented many ways to get a better price on Suzuki SX4 insurance in Madison. It's most important to understand that the more you quote Madison auto insurance, the more likely it is that you will get a better rate. Drivers may even discover the most savings is with some of the lesser-known companies.
Even more information is located at these sites:
- Tools for Teen Driving Safety (State Farm)
- Who Has the Cheapest Madison Car Insurance Quotes for a Nissan Altima? (FAQ)
- What Car Insurance is Cheapest for Business Use in Madison? (FAQ)
- Teen Driving Statistics (GEICO)
- Teen Driver Statistics (Insurance Information Institute)