A recent study showed that a large majority of consumers kept their coverage with the same car insurance company for four years or more, and almost 40% of drivers have never even shopped around for affordable coverage. Wisconsin drivers can save nearly $370 each year just by comparing rates, but most tend to underestimate how much savings they would realize if they switched.
The preferred way to find lower priced Kia Optima Hybrid insurance in Madison is to do a yearly price comparison from insurance carriers in Wisconsin.
First, gain an understanding of coverages and the steps you can take to drop your rates. Many factors that increase rates such as speeding tickets, accidents and poor credit can be improved by making lifestyle changes or driving safer.
Second, request price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from a single company like GEICO or State Farm, while agents who are independent can quote prices from multiple companies.
Third, compare the price quotes to your current policy to determine if you can save on Optima Hybrid insurance. If you can save money and buy the policy, make sure there is no coverage gap between policies.
An essential thing to point out is to try to use the same level of coverage on every quote request and and to get prices from as many car insurance companies as possible. Doing this provides an apples-to-apples comparison and the most accurate and complete price analysis.
Locating the most cost-effective insurance policy in Madison is much easier if you have a good place to start. If you are paying for car insurance now, you will definitely be able to cut your premiums using these tips. Consumers just have to learn the most efficient way to compare rates using one simple form.
Discounts mean cheaper rates for Kia Optima Hybrid insurance in Madison
Companies that sell car insurance don’t list every policy discount in an easy-to-find place, so the following list contains a few of the more well known and also the more inconspicuous discounts that may be available.
- Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS braking systems or traction control can stop better under adverse conditions so companies give up to a 10% discount.
- Full Payment Discount – If you pay your bill all at once as opposed to paying monthly you can avoid monthly service charges.
- Accident Waiver – This isn’t a discount exactly, but certain companies will allow you to have one accident without raising rates if you are claim-free prior to the accident.
- Driver Safety – Taking part in a safe driver course can save you 5% or more and easily recoup the cost of the course.
- Driver Education Discount – Cut your cost by having your teen driver enroll and complete driver’s education as it will make them better drivers and lower rates.
- Clubs and Organizations – Being a member of qualifying clubs or civic groups may earn a discount on insurance.
- Discounts for Federal Employees – Active or retired federal employment could qualify for a slight premium decrease with a few insurance companies.
- Discount for New Cars – Buying insurance coverage on a new vehicle can cost up to 25% less due to better safety requirements for new model year vehicles.
- Homeowners Savings – Simply owning a home may earn you a small savings because of the fact that having a home is proof of financial responsibility.
- Senior Citizen Rates – Older drivers could receive better insurance rates.
We need to note that most discounts do not apply to your bottom line cost. Some only apply to individual premiums such as comprehensive or collision. So when the math indicates all those discounts means the company will pay you, you won’t be that lucky.
Some of the larger companies that have most of the discounts above are:
It’s a good idea to ask all companies you are considering to apply every possible discount. Depending on the company, some discounts might not be offered on policies in Madison.
The companies shown below have been selected to offer comparison quotes in Madison, WI. To find the best car insurance in Madison, it’s highly recommended you compare several of them in order to find the most competitive rates.
When to get professional advice
Keep in mind that when it comes to choosing the best auto insurance coverage for your vehicles, there really is no cookie cutter policy. Every situation is different.
For example, these questions could help you determine if your insurance needs would benefit from an agent’s advice.
- What does UM/UIM cover?
- How much coverage applies to personal belongings?
- Should I have a commercial auto policy?
- Does my insurance cover a custom paint job?
- Am I covered if I drive in a foreign country?
- Can I drive in Mexico and have coverage?
- Do I need motorclub coverage?
- Do I have ACV or replacement cost coverage?
- Is there coverage for injuries to my pets?
If you can’t answer these questions, you may need to chat with an agent. To find lower rates from a local agent, complete this form. It’s fast, free and you can get the answers you need.
Auto insurance agents near you
A small number of people prefer to sit down and talk to an agent and that is recommended in a lot of cases Professional insurance agents can answer important questions and help you file claims. A good thing about getting online price quotes is the fact that you can find cheaper prices and still have an agent to talk to.
After completing this quick form, your information gets sent to agents in your area that provide free Madison auto insurance quotes for your coverage. There is no need to search for any insurance agencies because quoted prices will be sent instantly to you. If for some reason you want to get a rate quote from a specific insurance provider, you can always go to their quote page and fill out their quote form.
Finding the right insurance company is decision based upon more than just the price. These are some questions you should get answers to.
- Will high miles depreciate repair valuations?
- Is insurance their full-time profession?
- Does the agent recommend any additional coverage?
- If your car is in the repair shop, do you have coverage for a rental car?
- Does the company allow you to choose your own collision repair facility?
- Which insurance company do they prefer to write with?
If you want to use a good insurance agency, you must know there are a couple different agency structures and how they are slightly different. Insurance agencies are classified as either exclusive agents or independent agents. Both can properly insure your vehicles, but it is important to understand the difference in how they write coverage since it can affect the kind of agent you use.
Exclusive Insurance Agencies
Agents of this type can only provide one company’s prices and examples are Farmers Insurance, State Farm, Allstate, and AAA. These agents are unable to give you multiple price quotes so they have no alternatives for high prices. Exclusive agents are trained well on the products they sell which helps them sell insurance even at higher premiums.
Below is a list of exclusive agents in Madison that can give you price quotes.
GEICO Insurance Agent
2001 W Beltline Hwy Suite 100 – Madison, WI 53713 – (608) 242-9322 – View Map
Cheng Vang – State Farm Insurance Agent
2110 N Sherman Ave – Madison, WI 53704 – (608) 661-5700 – View Map
Allstate Insurance Agent: George McDevitt
4706 Cottage Grove Rd Ste 300 – Madison, WI 53716 – (608) 222-2411 – View Map
Independent Insurance Agents
These type of agents are appointed with more than one company so they can write business with many different companies and find you the best rates. To move your coverage to a new company, the agent simply finds a different carrier which requires no work on your part.
When comparison shopping, we recommend you include price quotes from several independent agencies to maximize your price options.
Shown below is a list of independent insurance agencies in Madison who can help you get price quotes.
Above and Beyond Insurance
6601 Grand Teton Plaza #7 – Madison, WI 53719 – (608) 203-8666 – View Map
Thomas Bradley Insurance
1001 Fourier Dr Suite 100 – Madison, WI 53717 – (608) 845-7979 – View Map
Gehrke Insurance
1310 Mendota St # 108 – Madison, WI 53714 – (608) 241-4136 – View Map
If you receive positive responses to your questions and a low price estimate, it’s a good possibility that you have found a car insurance agent that can adequately provide insurance.
Persistence pays off
Consumers switch companies for a variety of reasons including policy non-renewal, high prices, not issuing a premium refund or even policy cancellation. It doesn’t matter why you want to switch switching companies can be pretty painless.
We’ve covered some good ideas how you can find cheap Kia Optima Hybrid insurance in Madison. The key concept to understand is the more rate comparisons you have, the higher your chance of finding inexpensive Madison auto insurance quotes. Consumers may even find the best car insurance rates are with a smaller regional carrier.
Budget-friendly insurance in Madison can be bought both online and from local agencies, and you need to price shop both so you have a total pricing picture. Some companies do not provide price quotes online and most of the time these smaller providers only sell through local independent agencies.
Additional resources
- Credit Impacts Car Insurance Rates (State Farm)
- How Much is Auto Insurance for Single Moms in Madison? (FAQ)
- Who Has Cheap Madison Auto Insurance for a Jeep Grand Cherokee? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Subaru Outback in Madison? (FAQ)
- Who Has Affordable Auto Insurance Rates for a Honda CR-V in Madison? (FAQ)
- Distracted Driving Extends Beyond Texting (State Farm)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Auto Insurance 101 (About.com)