To save the most money, the best way to find the cheapest price for Saturn Ion insurance is to do an annual price comparison from different companies that insure vehicles in Madison.
First, spend some time learning about how companies set rates and the steps you can take to prevent high rates. Many rating factors that drive up the price like at-fault accidents, speeding tickets, and an unacceptable credit rating can be rectified by paying attention to minor details.
Second, request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from a single company like GEICO or Allstate, while independent agents can provide prices for many different companies. Begin your rate comparison
Third, compare the quotes to your existing rates and see if there is a cheaper rate in Madison. If you find a lower rate, ensure coverage does not lapse between policies.
Fourth, provide adequate notice to your current company of your intention to cancel your current policy and submit the application along with any required down payment to your new insurance company. Make sure you put the certificate of insurance in your glove compartment.
One thing to point out is to make sure you enter the same level of coverage on every quote request and and to get quotes from every company you can. Doing this enables a level playing field and a thorough selection of prices.
Amazingly, nearly 70% of consumers have bought car insurance from the same company for a minimum of four years, and almost half have never compared rates to find cheaper insurance. Many consumers in Wisconsin could save nearly 30% a year just by shopping around, but they think it’s difficult to find cheaper rates by getting comparison quotes.
If you have a current auto insurance policy or are looking for a new policy, you can follow these tips to buy cheaper auto insurance and possibly find even better coverage. Locating the best rates in Madison is not that difficult. Shoppers only have to learn the most efficient way to compare company rates over the internet.
Cheap companies for Saturn Ion insurance
The providers in the list below have been selected to offer price comparisons in Madison, WI. If you wish to find cheaper car insurance in WI, we suggest you visit several of them to get the best price comparison.
Five discounts for cheap auto insurance rates
Companies offering auto insurance do not advertise all their discounts in a way that’s easy to find, so the list below gives a summary of a few of the more common and the more hidden credits that you can use to lower your rates.
- Senior Citizen Rates – If you qualify as a senior citizen, you may qualify for a small decrease in premiums.
- Discounts for Safe Drivers – Safe drivers may save up to 50% more compared to accident prone drivers.
- Telematics Data Discounts – Insureds who allow their insurance company to scrutinize driving patterns by using a small device installed in their vehicle like Allstate’s Drivewise might get better premium rates if they are good drivers.
- Resident Student – Any of your kids who are enrolled in a college that is more than 100 miles from Madison and do not take a car to college can be insured at a reduced rate.
- Braking Control Discount – Vehicles that have anti-lock braking systems are much safer to drive and the ABS can save up to 10%.
A little disclaimer on discounts, most credits do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. Just because you may think having all the discounts means you get insurance for free, it’s just not the way it works.
To see a list of insurance companies that offer discounts in Wisconsin, click here.
Compare rates but still have a neighborhood Madison auto insurance agent
Certain consumers would prefer to get professional advice from a licensed agent and that can be a great decision Good insurance agents can answer important questions and help file insurance claims. One of the benefits of comparing rate quotes online is you can get cheaper prices and still choose a local agent. Buying from and supporting local insurance agents is especially important in Madison.
Once you complete this quick form, the quote information is transmitted to local insurance agents who will return price quotes to get your business. You don’t have to find an agent on your own due to the fact that quote results will go directly to you. If you want to compare prices from a specific insurance company, you just need to search and find their rate quote page and submit a quote form there.
Picking the best insurance company should include more criteria than just a low price. These are some questions your agent should answer.
- If they are an independent agency in Madison, which companies do they recommend?
- What is the agency’s Better Business Bureau rating?
- If you have an accident, will your rates go up?
- What company holds the largest book of business for them?
- Does the company have a solid financial rating?
- Does their agency support local causes in Madison?
You may need specialized insurance coverage
When it comes to proper insurance coverage for your vehicles, there really isn’t a best way to insure your cars. Every situation is different.
For example, these questions can help discover whether or not you could use an agent’s help.
- Do I pay less for low miles?
- What should my uninsured motorist coverage limits be in Wisconsin?
- Am I covered if hit by an uninsured driver?
- Should I pay a claim out-of-pocket?
- At what point should I drop full coverage?
- Exactly who is provided coverage by my policy?
If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and you can get the answers you need.
The coverage is in the details
Understanding the coverages of your policy helps when choosing appropriate coverage for your vehicles. Policy terminology can be ambiguous and reading a policy is terribly boring.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as surgery, dental work, pain medications and nursing services. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible
Comprehensive auto coverage
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive insurance covers things like damage from getting keyed, fire damage, hitting a bird and damage from flooding. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Liability car insurance
This coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/10 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $10,000 for damage to vehicles and property. Another option is a combined single limit or CSL which limits claims to one amount without having the split limit caps.
Liability coverage protects against claims such as structural damage, legal defense fees, repair bills for other people’s vehicles, repair costs for stationary objects and pain and suffering. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible. Wisconsin state law requires minimum liability limits of 25/50/10 but you should think about purchasing better liability coverage.
The next chart demonstrates why buying minimum limits may not be high enough to adequately cover claims.
Collision insurance will pay to fix damage to your Ion resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like damaging your car on a curb, hitting a parking meter and rolling your car. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also increase the deductible on your Ion to save money on collision insurance.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Saturn Ion.
Because many people only carry the minimum required liability limits (25/50/10 in Wisconsin), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Drivers change insurance companies for a number of reasons such as questionable increases in premium, high rates after DUI convictions, delays in responding to claim requests or even not issuing a premium refund. No matter why you want to switch, finding a new car insurance company can be pretty painless.
Some insurance companies do not offer online price quotes and usually these small insurance companies only sell through local independent agencies. Cheaper Saturn Ion insurance in Madison can be sourced on the web and with local Madison insurance agents, so you should be comparing quotes from both so you have a total pricing picture.
As you quote Madison auto insurance, do not reduce needed coverages to save money. There have been many cases where an insured dropped comprehensive coverage or liability limits and found out when filing a claim they didn’t purchase enough coverage. Your aim should be to purchase plenty of coverage at a price you can afford, but don’t skip important coverages to save money.
Much more information about car insurance in Wisconsin is available below:
- Young Drivers: The High Risk Years Video (iihs.org)
- What Auto Insurance is Cheapest in Madison, Wisconsin? (FAQ)
- How Much is Madison Car Insurance for a Chevrolet Equinox? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Inexperienced Drivers in Madison? (FAQ)
- How Much is Car Insurance for Drivers Over Age 70 in Madison? (FAQ)
- Side Impact Crash Tests (iihs.org)
- Child Safety Seats (Insurance Information Institute)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Smart Auto Insurance Tips (Insurance Information Institute)