Truthfully, the best way to find cheaper quotes for auto insurance rates is to compare prices annually from providers who sell insurance in Madison. Drivers can shop around by following these steps.
- Try to learn about how insurance works and the measures you can take to prevent high rates. Many factors that cause rate increases like tickets, at-fault accidents, and a low credit rating can be rectified by making lifestyle changes or driving safer.
- Request price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from one company like Progressive or Allstate, while independent agents can provide price quotes for a wide range of insurance providers. View insurance agents
- Compare the new rate quotes to your existing coverage to see if a cheaper price is available in Madison. If you can save some money and decide to switch, make sure there is no coverage gap between policies.
- Give proper notification to your current agent or company of your decision to cancel the current policy and submit a down payment along with a signed application to the newly selected company. Once the paperwork is finalized, place your new proof of insurance paperwork in your vehicle’s glove compartment or console.
An important part of this process is to compare the same coverage limits and deductibles on every price quote and and to look at as many companies as possible. Doing this guarantees a fair price comparison and a complete price analysis.
It’s astonishing, but the vast majority of auto insurance customers have stayed with the same insurance company for at least the last four years, and almost half have never compared rates to find affordable insurance. Consumers in Madison could save about $370 every year, but they don’t understand how simple it is to compare rates and save money.
Best Suzuki Equator insurance price quotes in Wisconsin
The companies shown below have been selected to offer free rate quotes in Wisconsin. If your goal is to find cheaper car insurance in Madison, we suggest you visit several of them in order to get a fair rate comparison.
Insurance coverage analysis
The premium table shown next outlines detailed analysis of insurance rates for Suzuki Equator models. Being more informed about how auto insurance policy rates are determined is important to be able to make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equator Ext Cab 2WD | $168 | $288 | $234 | $14 | $70 | $774 | $65 |
| Equator Ext Cab 2WD | $168 | $288 | $234 | $14 | $70 | $774 | $65 |
| Equator Ext Cab 2WD | $192 | $350 | $234 | $14 | $70 | $860 | $72 |
| Equator Ext Cab 2WD | $192 | $350 | $234 | $14 | $70 | $860 | $72 |
| Equator Ext Cab 4WD | $192 | $350 | $234 | $14 | $70 | $860 | $72 |
| Equator Crew Cab 4WD | $216 | $412 | $234 | $14 | $70 | $946 | $79 |
| Equator Crew Cab 4WD | $216 | $412 | $234 | $14 | $70 | $946 | $79 |
| Equator Crew Cab 4WD | $216 | $412 | $234 | $14 | $70 | $946 | $79 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Rate information does not factor in specific location which can affect price quotes noticeably.
Insurance rate increases from tickets or accidents
The illustration below illustrates how speeding tickets and accidents can affect Suzuki Equator car insurance rates for each age group. The prices are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.
Difference between liability only and full coverage rates
The example below shows the comparison of Suzuki Equator insurance costs with full physical damage coverage compared to only buying liability only. The premium estimates are based on a clean driving record, no claims, $1,000 deductibles, drivers are single, and no policy discounts are applied.
When to buy liability coverage only
There is no set rule to drop physical damage coverage on your policy, but there is a broad guideline. If the annual cost of coverage is more than around 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your Suzuki Equator claim settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would get paid by your company is $7,000 after the deductible is paid. If you are paying over $700 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are some conditions where removing full coverage is not advised. If you haven’t satisfied your loan, you have to keep full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not eliminate full coverage.
Save money with these discounts on Suzuki Equator insurance in Madison
Some providers don’t always list all their discounts very clearly, so the following is a list of some of the best known as well as the least known discounts you could be receiving when you buy Madison car insurance online.
- Early Payment Discounts – By paying your entire bill at once rather than paying monthly you could save up to 5%.
- Discount for Low Mileage – Low annual miles could earn cheaper prices.
- E-sign – Many auto insurance companies will give you a small discount just for signing your application online.
- Savings for New Vehicles – Buying a new car instead of a used Equator can cost up to 25% less since newer models have better safety ratings.
- Senior Citizens – Older drivers can possibly qualify for a small discount on rates.
- Save with More Vehicles Insured – Buying insurance for all your vehicles on one policy can get a discount for every vehicle.
Discounts lower rates, but some credits don’t apply to the whole policy. Most cut specific coverage prices like collision or personal injury protection. So even though they make it sound like you could get a free auto insurance policy, insurance companies wouldn’t stay in business.
The diagram below visualizes the comparison of Suzuki Equator yearly insurance costs with and without policy discounts. The prices are based on a female driver, no accidents, no driving violations, Wisconsin state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, safe-driver, multi-policy, homeowner, and multi-car discounts applied.
Insurance companies that may include many of the previously listed discounts possibly include:
If you want the cheapest Suzuki Equator rate quotes, ask all the companies which credits you are entitled to. All car insurance discounts might not be offered on policies in Madison. If you would like to choose from a list of auto insurance companies that offer many of these discounts in Wisconsin, click here to view.
Will just any policy work for me?
When it comes to adequate coverage, there really is no cookie cutter policy. You are unique.
For instance, these questions may help you determine whether you would benefit from an agent’s advice.
- What are the best liability limits?
- What is the difference between comprehensive and collision coverage?
- Do I pay less if my vehicle is kept in my garage?
- Are there any extra discounts I can get?
- Is my ex-spouse still covered by my policy?
- Am I covered if I back into my garage door?
If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form. It’s fast, free and you can get the answers you need.
You may need advice from a local insurance agent
A small number of people just prefer to sit down and talk to an agent and doing so can bring peace of mind Insurance agents are very good at helping people manage risk and will help you if you have claims. An additional benefit of getting online price quotes is that you can find lower prices but also keep your business local.
Once you complete this quick form, your coverage information is immediately sent to local insurance agents in Madison that can give you free Madison car insurance quotes for your business. You won’t even need to search for an agent because quoted prices will be sent to you directly. If for some reason you want to get a price quote from a specific car insurance provider, don’t hesitate to search and find their rate quote page and complete a quote there.
Finding the right insurance company shouldn’t rely on just a cheap price quote. Any agent in Madison should have no problem answering these questions:
- How much training do they have in personal risk management?
- If your car is in the repair shop, do you have coverage for a rental car?
- Are they involved in claim handling?
- Do they get extra compensation for selling add-on coverages?
- Which family members are covered?
If you’re trying to find a good insurance agency, you should know the types of insurance agents and how they differ in how they quote coverages. Car insurance agents in Madison are either independent or exclusive. Both types can write policy coverage, but it’s important to know the difference in the companies they write for since it could factor into your agent selection.
Exclusive Car Insurance Agents
Agents that elect to be exclusive can only write with one company like American Family, State Farm, and AAA. Exclusive agents cannot compare rates from other companies so keep that in mind. Exclusive agents are trained well on what they offer which helps them sell insurance even at higher premiums. Some people will only buy insurance from these agents primarily because of the prominence of the brand and the convenience of having all coverages with one company.
Shown below are exclusive insurance agencies in Madison willing to provide comparison quotes.
- Farmers Insurance – Allen Maxwell
2980 Cahill Main #205 – Madison, WI 53711 – (608) 630-9776 – View Map - American Family Insurance – Ed Flynn
514 Grand Canyon Dr – Madison, WI 53719 – (608) 833-1717 – View Map - American Family Insurance – Daniel Piazza
2601 Crossroads Dr Ste 100 – Madison, WI 53718 – (608) 241-9000 – View Map
Independent Car Insurance Agencies
These type of agents are not limited to a single company so they can write business with lots of companies and possibly get better coverage at lower prices. To move your coverage to a new company, your policy is moved internally which requires no work on your part. When searching for an agent, it’s recommended you include at least one independent agent so that you have a good selection of quotes to compare. They often place coverage with lesser-known insurance companies which may have better rates.
Below is a list of independent agencies in Madison who can help you get price quotes.
- Universal Insurance Agency Corporation
6709 Raymond Rd – Madison, WI 53719 – (608) 216-7060 – View Map - Stainbrook Agency
2810 Crossroads Dr #4000 – Madison, WI 53718 – (608) 535-9291 – View Map - R and S Insurance
1520 Vernon St – Madison, WI 53703 – (608) 251-0022 – View Map
Shop around and save
Cheaper Suzuki Equator insurance in Madison can be sourced both online as well as from independent agents in Madison, so you need to quote Madison car insurance with both in order to have the best chance of saving money. Some insurance providers may not provide internet price quotes and these regional insurance providers work with independent agents.
When buying insurance coverage, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where an insured dropped comprehensive coverage or liability limits only to regret at claim time that the small savings ended up costing them much more. Your strategy should be to buy enough coverage for the lowest cost, but don’t skip important coverages to save money.
Consumers change insurance companies for many reasons like delays in responding to claim requests, extreme rates for teen drivers, high rates after DUI convictions or even not issuing a premium refund. Whatever your reason, switching companies can be less work than you think.
Additional resources
- Auto Insurance 101 (About.com)
- What Auto Insurance is Cheapest for Nurses in Madison? (FAQ)
- Who Has Cheap Madison Auto Insurance for a Ford Explorer? (FAQ)
- Who Has Affordable Auto Insurance Rates for a Toyota Tacoma in Madison? (FAQ)
- Who Has Cheap Auto Insurance for a Toyota Corolla in Madison? (FAQ)
- Information for Teen Drivers (GEICO)
- Things to Know Before you Cancel Insurance (Allstate)