If you want to find the absolute lowest rates, then the best way to find better pricing on car insurance rates is to do an annual price comparison from insurance carriers who sell auto insurance in Madison.
First, get a basic knowledge of how insurance companies determine prices and the factors you can control to keep rates in check. Many rating criteria that are responsible for high rates such as speeding tickets, accidents and bad credit can be controlled by improving your driving habits or financial responsibility. Read the full article for additional ideas to help reduce prices and find discounts that may have been missed.
Second, compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only quote rates from a single company like GEICO or State Farm, while agents who are independent can provide rate quotes for a wide range of companies. Begin your rate comparison
Third, compare the new rate quotes to your current policy premium to see if cheaper Outlook coverage is available in Madison. If you can save some money and switch companies, make sure there is no coverage gap between policies.
One thing to point out is to use the same coverage limits and deductibles on every quote and to quote with as many different insurance providers as possible. This guarantees a level playing field and the best price selection.
We don’t have to tell you that car insurance companies want to keep you from shopping around. Drivers who shop around for the cheapest rate are highly likely to switch insurance companies because of the high probability of finding more affordable rates. Surprisingly, a recent survey revealed that drivers who shopped around annually saved $850 each year compared to those who never compared rates.
If finding the most affordable Saturn Outlook insurance is why you’re reading this, knowing the best way to compare coverage rates can help make the process easier.
If you have insurance now or are looking for a new policy, follow these tips to find the best rates without having to cut coverage. Locating the most cost-effective car insurance policy in Madison can really be easy if you know what you’re doing. Comparison shoppers only need an understanding of the quickest method to shop for car insurance from many different companies.
Low cost Madison Saturn Outlook insurance price quotes
The companies shown below are ready to provide quotes in Wisconsin. If you want cheaper auto insurance in Madison, we suggest you compare several of them to get a more complete price comparison.
Save a ton with these nine discounts
Car insurance is not cheap nor is it fun to buy but there could be significant discounts that could drop your premiums quite a bit. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be specially asked for in order for you to get them. If you do not check that you are getting every discount possible, you are paying more than you should be.
- Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts can save a little off the PIP or medical payment premium.
- Auto/Life Discount – Companies who offer life insurance give a lower car insurance rate if you buy life insurance.
- Switch and Save Discount – A few larger companies allow discounts for switching companies before your current Outlook insurance policy expires. You may see this discount when you get Madison auto insurance quotes online.
- Low Mileage – Fewer annual miles on your Saturn may allow you to get cheaper premium rates.
- Defensive Driver Discount – Taking part in a course teaching defensive driver skills could cut 5% off your bill depending on where you live.
- Membership in Organizations – Being in qualifying clubs or civic groups can get you a small discount when getting a Madison auto insurance quote.
- Lower Rates for Military – Being on active deployment in the military may qualify for rate reductions.
- Homeowners Savings – Just owning your own home may trigger a policy discount on car insurance due to the fact that maintaining a home means you have a higher level of financial diligence.
- Government Employees – Simply working for the federal government can earn a discount up to 10% depending on your car insurance provider.
As is typical with insurance, some credits don’t apply to the whole policy. Most only reduce the cost of specific coverages such as liability and collision coverage. Despite the fact that it seems like you would end up receiving a 100% discount, nobody gets a free ride.
The chart below shows the difference between Saturn Outlook auto insurance costs with and without discounts being applied to the rates. The rate quotes are based on a male driver, no tickets, no at-fault accidents, Wisconsin state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, multi-policy, claim-free, and multi-car discounts applied.
A list of car insurance companies and a summarized list of policyholder discounts include:
- GEICO offers discounts for daytime running lights, anti-theft, federal employee, air bags, driver training, membership and employees, and multi-vehicle.
- Travelers may include discounts for driver training, new car, student away at school, home ownership, and IntelliDrive.
- Nationwide offers discounts including anti-theft, accident-free, family plan, multi-policy, Farm Bureau membership, good student, and easy pay.
- Farmers Insurance has discounts for switch companies, business and professional, bundle discounts, pay in full, good student, early shopping, and alternative fuel.
- Esurance may have discounts that include homeowner, anti-theft, multi-policy, DriveSense, and emergency road assistance.
- State Farm offers premium reductions for multiple autos, student away at school, multiple policy, good driver, defensive driving training, good student, and Steer Clear safe driver discount.
- Progressive includes discounts for good student, continuous coverage, homeowner, online quote discount, online signing, and multi-vehicle.
- Mercury Insurance policyholders can earn discounts including location of vehicle, ease of repair, annual mileage, anti-theft, professional/association, multi-policy, and low natural disaster claims.
It’s a good idea to ask each company to give you their best rates. Some discounts listed above might not be available to policyholders everywhere. To locate insurers that offer many of these discounts in Madison, follow this link.
Rates and other information
The data table displayed next highlights detailed analysis of coverage prices for Saturn Outlook models. Having knowledge of how insurance prices are calculated can help you make informed decisions when comparing rate quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outlook XE 2WD||$192||$338||$298||$18||$90||$936||$78|
|Outlook XV 2WD||$192||$338||$298||$18||$90||$936||$78|
|Outlook XE Premium 2WD||$214||$398||$298||$18||$90||$1,018||$85|
|Outlook XE AWD||$214||$398||$298||$18||$90||$1,018||$85|
|Outlook XE Premium AWD||$214||$398||$298||$18||$90||$1,018||$85|
|Outlook XR-L 2WD||$214||$398||$298||$18||$90||$1,018||$85|
|Outlook XR-L AWD||$214||$398||$298||$18||$90||$1,018||$85|
|Outlook XR-L Premium 2WD||$214||$398||$298||$18||$90||$1,018||$85|
|Outlook XR-L Premium AWD||$214||$398||$298||$18||$90||$1,018||$85|
|Get Your Own Custom Quote Go|
Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Rate quotes do not factor in the specific area where the vehicle is garaged which can lower or raise rates greatly.
Bad driving habits will cost you more
The illustration below illustrates how speeding tickets and accidents increase Saturn Outlook auto insurance rates for each age group. The rate quotes are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.
Saturn Outlook insurance rates by gender in Madison
The diagram below illustrates the comparison of Saturn Outlook car insurance costs for male and female drivers. The prices are based on no violations or claims, full coverage, $500 deductibles, marital status is single, and no discounts are taken into consideration.
Buying auto insurance from Madison car insurance agents
A small number of people would rather have an agent’s advice and that is a personal choice. Insurance agents are trained to spot inefficiencies and help submit paperwork. One of the best bonuses of comparing rate quotes online is that you can obtain cheap auto insurance quotes and still have an agent to talk to.
Once you complete this short form, your coverage information is transmitted to local insurance agents in Madison who will give competitive quotes to get your business. You won’t even need to even leave your home since price quotes are sent immediately to you. If you have a need to compare prices for a specific company, you can always find their quoting web page to submit a rate quote request.
Selecting an insurance company should include more criteria than just the premium amount. Below are some questions you should ask.
- When do they do a full risk review?
- Which company do they place the most coverage with?
- Does the agency provide any after hours assistance?
- Are they giving you every discount you deserve?
- Do they have designations such as AIC, CPCU, or CIC?
- In the event of vehicle damage, can you pick the collision repair facility?
Exclusive and independent Madison auto insurance agents
If you are wanting to purchase auto insurance from a good insurance agency, it’s helpful to know the different agency structures and how they differ in how they can insure your vehicles. Auto insurance agents are classified as either independent or exclusive depending on the company they work for. Both can insure your vehicles properly, but it’s important to know the difference between them because it may have an impact on buying decisions.
Exclusive Auto Insurance Agencies
Exclusive insurance agents can only quote rates from one company such as Farmers Insurance, American Family, State Farm and Allstate. These agents are not able to provide other company’s prices so they really need to provide good service. Exclusive agents are well schooled on their products and sales techniques which can be an advantage.
Listed below is a list of exclusive agents in Madison who can help you get price quotes.
Independent Agents (or Brokers)
Agents that choose to be independent do not sell for just one brand and that is an advantage because they can write policies with a variety of different insurance companies enabling the ability to shop coverage around. To transfer your coverage to a different company, an independent agent can move your coverage which requires no work on your part. If you are trying to find cheaper rates, you will definitely want to include rate quotes from a few independent agents for maximum quote selection.
Shown below is a list of independent agents in Madison that are able to give price quote information.
Why you need auto insurance
Despite the fact that auto insurance is not cheap in Madison, insuring your vehicle is mandatory in Wisconsin but it also protects more than you think.
First, the majority of states have mandatory liability insurance requirements which means you are required to buy specific minimum amounts of liability insurance if you don’t want to risk a ticket. 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 have a lien on your Saturn Outlook, more than likely the lender will force you to have full coverage to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank may buy a policy for your Saturn for a much higher rate and require you to pay much more than you were paying before.
Third, auto insurance preserves both your assets and your Saturn Outlook. It also can pay for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, will also pay to defend you if someone files suit against you as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of insuring your Outlook definitely exceed the cost, especially for larger claims. Despite what companies tell you, the average driver is wasting up to $850 per year so compare rate quotes at least once a year to ensure rates are competitive.
Insurance coverage basics
Knowing the specifics of your policy aids in choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages found on the average insurance policy.
Collision coverage – Collision insurance pays for damage to your Outlook caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for things like crashing into a ditch, scraping a guard rail, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible on your Outlook to bring the cost down.
Medical expense insurance – Medical payments and Personal Injury Protection insurance reimburse you for expenses for hospital visits, chiropractic care, surgery and X-ray expenses. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Liability coverages – Liability coverage provides protection from damage or injury you incur to other’s property or people that is your fault. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/10 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $10,000 of coverage for damaged property.
Liability coverage protects against claims like bail bonds, court costs and funeral expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible. Wisconsin state law requires minimum liability limits of 25/50/10 but you should think about purchasing higher limits.
The illustration below shows why buying minimum limits may not be high enough to adequately cover claims.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.
Since a lot of drivers carry very low liability coverage limits (Wisconsin limits are 25/50/10), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.
Comprehensive (Other than Collision) – This covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like hitting a deer, damage from flooding, a tree branch falling on your vehicle, falling objects and rock chips in glass. The most your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
What is the best car insurance company in Madison?
Insuring your vehicle with a good quality auto insurance provider can be a challenge considering how many different companies sell coverage in Wisconsin. The ranking data below may help you decide which car insurance providers to look at when shopping around.
Top 10 Madison Car Insurance Companies Overall
- 21st Century
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- American Family
Top 10 Madison Car Insurance Companies Ranked by Claims Service
- Liberty Mutual
- AAA Insurance
- Safeco Insurance
- The General
A conclusion for your auto insurance search
As you restructure your insurance plan, do not buy less coverage just to save a little money. There are a lot of situations where someone dropped comprehensive coverage or liability limits to discover at claim time that it was a big mistake. The proper strategy is to buy a smart amount of coverage at a price you can afford, but do not skimp to save money.
Cost effective Saturn Outlook insurance can be sourced both online and also from your neighborhood Madison agents, and you should be comparing both so you have a total pricing picture. Some insurance companies may not have the ability to get a quote online and most of the time these regional insurance providers prefer to sell through independent insurance agents.
To learn more, take a look at the following helpful articles:
- Prom Night Tips for Teen Drivers (State Farm)
- What Car Insurance is Cheapest for Business Use in Madison? (FAQ)
- How Much are Auto Insurance Rates for Drivers with Good Credit in Madison? (FAQ)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- How to Avoid Common Accidents (State Farm)