Shocking but true, a large majority of drivers have purchased from the same company for over three years, and approximately 38% of consumers have never compared rates from other carriers. Drivers in Wisconsin could save approximately 30% each year, but they just assume it’s a time-consuming process to compare rate quotes.
If you want to save money, the best way to find cheaper quotes for car insurance rates in Madison is to compare prices once a year from providers who sell insurance in Wisconsin.
First, read about how auto insurance works and the factors you can control to keep rates down. Many risk factors that drive up the price such as multiple speeding tickets and a poor credit rating can be rectified by paying attention to minor details.
Second, compare prices from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like GEICO or Farmers Insurance, while independent agencies can provide prices from multiple companies.
Third, compare the new rate quotes to the price on your current policy to see if cheaper Baja coverage is available. If you can save some money and change companies, make sure coverage does not lapse between policies.
Fourth, provide written notification to your current company of your intent to cancel your current coverage and submit a completed application and payment to your new agent or company. Once the paperwork is finalized, place your new certificate verifying proof of insurance along with the vehicle’s registration papers.
One piece of advice is to make sure you’re comparing the same level of coverage on each price quote and and to get quotes from as many different insurance providers as possible. Doing this helps ensure an apples-to-apples comparison and the best price selection.
Best companies for affordable Subaru Baja insurance in Wisconsin
The companies shown below are ready to provide price comparisons in Madison, WI. To get cheap auto insurance in WI, we recommend you visit several of them to get a more complete price comparison.
Save a ton by taking advantage of these eight discounts
Some providers don’t always advertise every discount they offer in an easy-to-find place, so we took the time to find a few of the more well known and the harder-to-find credits that may apply to you.
- Sign Online – Many insurance companies will give a small break for buying your policy over the internet.
- Senior Citizens – Drivers over the age of 55 are able to get a small discount on rates.
- Active Military Service – Being deployed with a military unit could be rewarded with lower rates.
- ABS Brakes – Cars and trucks that have steering control and anti-lock brakes are safer to drive so companies give up to a 10% discount.
- Theft Deterrent – Vehicles with anti-theft systems prevent vehicle theft and earn discounts up to 10% off your Madison auto insurance quote.
- Auto/Life Discount – Not all insurance companies offer life insurance, but some may give you a discount if you purchase life insurance.
- Early Payment Discounts – If you pay your entire premium ahead of time instead of monthly or quarterly installments you may have a lower total premium amount.
- Resident Student – College-age children who are enrolled in higher education away from home and do not have a car may be insured at a cheaper rate.
Policy discounts save money, but most of the big mark downs will not be given to the whole policy. Most only apply to specific coverage prices like liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, you’re out of luck. But any discount should help lower your policy premium.
For a list of insurance companies with the best discounts in Madison, follow this link.
Car insurance is available from agents near you
Many people prefer to buy from a licensed agent and that is not a bad decision The biggest benefit of comparing rates online is that drivers can save money and get lower prices but still work with a licensed agent. Buying from local insurance agents is especially important in Madison.
After filling out this quick form, your insurance data is emailed to companies in Madison who will return price quotes for your coverage. You never need to drive around since rate quotes are delivered directly to your email. You can find the lowest rates without requiring a lot of work. If for some reason you want to get a price quote from a specific car insurance provider, don’t hesitate to find their quoting web page and fill out the quote form the provide.
If you are wanting to find a good insurance agency, there are a couple of types of agencies and how they differ in how they can insure your vehicles. Agents are either independent or exclusive.
Independent Car Insurance Agencies or Brokers
These type of agents can sell policies from many different companies so they can insure your vehicles with many different companies and help determine which has the cheapest rates. If premiums increase, an independent agent can move your coverage and you can keep the same agent.
When shopping rates, we recommend you get some free quotes from at a minimum one independent agency so that you can do a thorough price comparison.
The following are Madison independent insurance agencies who can help you get rate quotes.
Exclusive agencies can only provide pricing for a single company like Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot compare other company’s rates so always compare other rates. They are usually quite knowledgeable on their company’s products and that can be a competitive advantage.
Below is a short list of exclusive agents in Madison willing to provide rate quotes.
American Family Insurance – Jennifer Haack Agency LLC
3312 Packers Ave – Madison, WI 53704 – (608) 249-2182 – View Map
American Family Insurance – Vicki Wagener Agency LLC
1633 Thierer Rd – Madison, WI 53704 – (608) 249-2184 – View Map
Finding the right auto insurance agent is decision based upon more than just a low price. Here are some questions you should ask.
- What insurance companies do they work with in Madison?
- Does the company have a solid financial rating?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- How will an accident affect your rates?
- Is assistance available after office hours?
- Does the agency support the community they serve?
- Do they get extra compensation for selling add-on coverages?
- Are they able to influence company decisions when a claim is filed?
After talking to the agent and getting satisfactory answers to these questions and an acceptable price quote, chances are good that you have found a car insurance agent that is a good match to adequately provide car insurance.
Coverages available on your policy
Having a good grasp of your insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. Below you’ll find typical coverage types offered by insurance companies.
This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like hail damage, fire damage and falling objects. The maximum amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Collision coverage covers damage to your Baja resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims such as hitting a mailbox, sideswiping another vehicle, crashing into a building and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to choose a higher deductible on your Baja to bring the cost down.
This coverage protects you from damage or injury you incur to other’s property or people. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 25/50/10 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $10,000 for damage to vehicles and property. Alternatively, you may have a combined limit which limits claims to one amount rather than limiting it on a per person basis.
Liability insurance covers things such as medical expenses, court costs and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible. Wisconsin state minimum liability requirements are 25/50/10 but you should consider buying better liability coverage.
The chart below shows why the minimum limit may not be adequate coverage.
Coverage for uninsured or underinsured drivers
Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your Subaru Baja.
Because many people carry very low liability coverage limits (which is 25/50/10), it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Frequently these coverages are identical to your policy’s liability coverage.
Coverage for medical expenses
Coverage for medical payments and/or PIP kick in for short-term medical expenses such as surgery, rehabilitation expenses and dental work. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Shop smart and save
Cost effective Subaru Baja insurance is definitely available on the web and from local agencies, so you should compare both to have the best chance of lowering rates. A few companies may not provide price quotes online and these regional insurance providers only sell through local independent agencies.
When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice physical damage coverage and learned later that the savings was not a smart move. The goal is to find the BEST coverage for the lowest cost.
In this article, we covered many ways to lower your Subaru Baja insurance auto insurance rates in Madison. The most important thing to understand is the more times you quote, the better chance you’ll have of finding cheaper Madison auto insurance quotes. Consumers could even find that the lowest auto insurance rates are with some of the lesser-known companies. Smaller companies often have lower premium rates on specific markets than their larger competitors like Progressive and GEICO.
- Senior Drivers (Insurance Information Institute)
- How Much is Auto Insurance for Single Moms in Madison? (FAQ)
- How Much are Madison Auto Insurance Rates for a Toyota Camry? (FAQ)
- Who Has the Cheapest Madison Auto Insurance for 4×4 Vehicles? (FAQ)
- Who Has Affordable Madison Car Insurance Rates for High Mileage Drivers? (FAQ)
- Crash Avoidance Technologies FAQ (iihs.org)
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Distracted Driving Extends Beyond Texting (State Farm)