Best Cheap Madison Auto Insurance

When buying auto insurance it’s important to understand some of the things that help calculate auto insurance rates. If you know what determines premiums, you can make educated decisions that can result in cheap car insurance in Madison. Many different elements are considered when pricing auto insurance. Some are pretty understandable, like a motor vehicle report, but other criteria are not quite as obvious such as whether you are married and annual miles driven.

• Alarms and GPS tracking lowers auto insurance rates – Choosing a vehicle with advanced anti-theft systems can get you a discount on your auto insurance. Advanced theft deterrents such as OnStar, LoJack tracking, and tamper alarms all help stop your vehicle from being stolen.
• Women pay lower premiums – Statistics demonstrate women tend to be less risk to insure than men. The data does not necessarily mean that males are worse at driving than females. Women and men have auto accidents in similar percentages, but men tend to have more serious accidents. Men also statistically receive more major tickets like driving under the influence (DUI). Young men ages 16 to 20 are most likely to cause an accident and therefore have the most expensive auto insurance rates.
• Getting married can save you money – Having a wife or husband may save some money compared to being single. Having a significant other is viewed as being less irresponsible and statistics prove drivers who are married are more cautious.
• Your liability insurance limits – The liability coverage on your policy provides coverage when you are ruled to be at fault for causing damage or personal injury in an accident. It provides legal defense which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so do not skimp.
• If you don’t need it don’t buy it – Policies have extra bells and whistles that sound like a good idea at the time if you aren’t diligent. Insurance for rental car coverage, death and dismemberment, and motor club memberships may be wasting your money. They may seem like a good idea at first, but now you might not need them so remove them from your policy.
• Always keep your policy in force – Having a lapse in insurance coverage will be a fast way to trigger a rate increase. And not only will insurance be more expensive, getting caught without coverage could earn you a license revocation or jail time. You may have to file a SR-22 with the Wisconsin department of motor vehicles.

One of the primary factors that determines auto insurance rates is the type of car, SUV, or truck you drive. The rate tables below detail price estimates for some of the more popular vehicles sold in Madison.

Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Price information does not factor in specific location which can raise or lower auto insurance rates greatly.

Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rate information does not factor in vehicle garaging location which can change premium rates substantially.

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Price information does not factor in Madison location which can decrease or increase insurance rates substantially.

Save money by raising your deductibles

The example below demonstrates how choosing different deductibles and can increase or decrease insurance prices for different age categories. The premium estimates are based on a single male driver, full coverage, and no discounts are applied to the premium.

How to find cheaper Madison car insurance rates

To save the most money, regularly compare prices from providers that sell auto insurance in Wisconsin. You can shop around by following these guidelines.

• First, take a little time to learn about how companies set rates and the measures you can control to prevent expensive coverage. Many risk factors that cause rate increases such as speeding tickets, accidents and poor credit history can be rectified by paying attention to minor details. This article gives additional ideas to get better rates and find additional discounts you may qualify for.
• Second, request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give prices from one company like GEICO or Allstate, while agents who are independent can provide rate quotes for many different companies. Get quotes now
• Third, compare the new rates to the price on your current policy and see if you can save money. If you find a lower rate and switch companies, make sure there is no lapse in coverage.