The preferred way to find more affordable auto insurance rates is to compare prices once a year from insurance carriers who provide car insurance in Madison. Rates can be compared by following these steps.
- First, try to learn a little about car insurance and the measures you can take to keep rates low. Many factors that result in higher prices like traffic violations and an unacceptable credit score can be controlled by paying attention to minor details.
- Second, request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive or Allstate, while independent agents can give you price quotes from many different companies. Get quotes now
- Third, compare the new rate quotes to the price on your current policy to determine if switching companies saves money. If you can save money and buy the policy, make sure there is no coverage gap between policies.
An important note is to use identical coverage information on every quote and and to get quotes from as many carriers as you can. This helps ensure the most accurate price comparison and a thorough selection of prices.
It’s a fact that insurance companies don’t want you to compare rates. Insureds who get price comparisons are very likely to switch to a new company because there are good odds of finding coverage at a more affordable price. A recent study showed that consumers who shopped around every year saved on average $72 a month compared to people who don’t regularly compare prices.
If finding the most affordable auto insurance in Madison is your ultimate goal, then having some knowledge of how to find companies and compare insurance coverage can make it easier to find better rates.
Most of the larger companies make it easy to get coverage price quotes directly from their websites. The process is fairly simple as you simply type in your coverage information into a form. When complete, the system requests information on your driving record and credit history and provides a quote determined by many factors.
Getting online quotes for Land Rover LR4 insurance in Madison simplifies rate comparisons, and it’s necessary to compare as many rates as possible in order to find affordable prices.
To get comparison pricing now, consider comparing rates from the companies shown below. If you currently have coverage, we recommend that you enter deductibles and limits just like they are on your policy. Doing this guarantees you will have a price comparison for the exact same coverage.
The car insurance companies shown below can provide comparison quotes in Wisconsin. If you wish to find cheap car insurance in Madison, it’s a good idea that you visit several of them to get the most competitive price.
Auto insurance data for a Land Rover LR4
The data table shown below showcases estimates of insurance prices for Land Rover LR4 models. Being more informed about how policy premiums are established can assist in making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LR4 | $152 | $256 | $230 | $14 | $68 | $720 | $60 |
| LR4 HSE | $152 | $256 | $230 | $14 | $68 | $720 | $60 |
| LR4 HSE Plus | $152 | $290 | $230 | $14 | $68 | $754 | $63 |
| LR4 LUX | $166 | $290 | $230 | $14 | $68 | $768 | $64 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Information does not factor in vehicle location which can alter rates greatly.
The example below highlights how deductible selection and can raise or lower Land Rover LR4 insurance premiums for each different age group. The prices are based on a single male driver, full physical damage coverage, and no discounts are factored in.
Car insurance discounts are available to cut your rates
Insurance can be prohibitively expensive, but you may qualify for discounts that can drop the cost substantially. Many discounts should be triggered when you quote, but some discounts are required to be inquired about prior to getting the savings. If you don’t get every credit you deserve, you are paying more than you should be.
- Seat Belt Discounts – Using a seat belt and requiring all passengers to use a seat belt could cut 10% or more off the personal injury premium cost.
- Multi-line Discount – Select companies reward you with better rates if you take out some life insurance in addition to your auto policy.
- Payment Method – If paying your policy premium upfront rather than paying in monthly installments you can actually save on your bill.
- Driver’s Ed – Have your child enroll and complete driver’s education in high school.
- No Charge for an Accident – This one isn’t a discount, but companies like State Farm and Allstate will allow you to have one accident before hitting you with a surcharge with the catch being you have to be claim-free for a specific time period.
- Home Ownership Discount – Just owning your own home may trigger a policy discount on car insurance because maintaining a house shows financial diligence.
- Senior Citizens – If you’re over the age of 55, you can get a small decrease in premiums.
- Passive Restraint Discount – Factory options such as air bags or motorized seat belts may earn rate discounts of 20 to 30 percent.
One last thing about discounts, some credits don’t apply to the entire cost. Most cut the cost of specific coverages such as collision or personal injury protection. Just because it seems like all the discounts add up to a free policy, it doesn’t quite work that way.
The diagram below shows the difference between Land Rover LR4 insurance costs with and without discounts applied to the policy premium. The data is based on a male driver, a clean driving record, no claims, Wisconsin state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, multi-car, marriage, safe-driver, and homeowner discounts applied.
Car insurance companies that have these benefits possibly include:
When getting a coverage quote, ask each company to apply every possible discount. Some discounts might not be available to policyholders in every state. If you would like to choose from a list of insurance companies that offer multiple discounts in Wisconsin, follow this link.
Best reasons to buy auto insurance in Wisconsin
Even though it’s not necessarily cheap to insure a Land Rover in Madison, insurance is not optional due to several reasons.
- Just about all states have minimum liability requirements which means state laws require specific limits of liability insurance if you want to drive legally. 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.
- If you have a lien on your LR4, most lenders will make it mandatory that you buy insurance to guarantee payment of the loan. If you cancel or allow the policy to lapse, the lender will be forced to insure your Land Rover at a much higher rate and require you to fork over the higher price.
- Insurance protects not only your vehicle but also your assets. Insurance will also pay for medical bills for you, your passengers, and anyone else injured in an accident. Liability insurance will also pay for a defense attorney if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, your auto insurance policy will pay to repair the damage.
The benefits of insuring your LR4 more than offset the price you pay, especially when you need to use it. But the average American driver overpays as much as $865 each year so smart consumers compare quotes at every policy renewal to be sure current rates are still competitive.
Best auto insurance company in Madison
Ending up with the best insurer can be a challenge considering how many different companies there are to choose from in Madison. The company rank data listed below can help you select which car insurance providers to look at when shopping around.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Shop online but buy locally
Certain consumers just want to have an agent’s advice. The biggest benefit of comparing rates online is you may find lower rates and still have an agent to talk to. Buying from small agencies is especially important in Madison.
To find an agent, once you fill out this form (opens in new window), the quote information gets sent to insurance agents in Madison that can give you free Madison auto insurance quotes and help you find cheaper coverage. You never need to visit any agencies since price quotes are sent to the email address you provide. Get lower rates AND an agent nearby. If you need to compare rates from a specific insurance company, don’t hesitate to visit that company’s website and fill out their quote form.
The different types of auto insurance agents
If you need to find a local Madison insurance agency, you must know there are a couple types of agencies and how they can write your policy. Auto insurance agents may be either independent agents or exclusive agents depending on their employer.
Independent Agencies or Brokers
Agents of this type do not have single company limitations so they can insure your vehicles through many different auto insurance companies and find you the best rates. If they find a cheaper price, your agent can switch companies and you don’t have to find a new agent. If you need lower rates, you absolutely need to contact at least one independent agent to have the best price comparison. A lot of them also have access to less well-known companies that can offer cheaper rates than bigger companies.
Featured below are Madison independent agencies that can possibly get you price quote information.
- M3 Insurance
828 John Nolen Dr – Madison, WI 53713 – (608) 273-0655 – View Map - Stainbrook Agency
2810 Crossroads Dr #4000 – Madison, WI 53718 – (608) 535-9291 – View Map - Independent Insurance Services Inc.
2960 Triverton Pike Dr Suite 101 – Madison, WI 53711 – (608) 273-3325 – View Map
Exclusive Insurance Agents
Exclusive agencies work for only one company and some examples include Allstate, State Farm and Farm Bureau. They generally cannot provide prices from multiple companies so they have no alternatives for high prices. Exclusive agencies are usually quite knowledgeable on what they offer which helps them sell on service rather than price. Some people will only use the same exclusive agent mostly because of high brand loyalty rather than low price.
Listed below are Madison exclusive agents willing to provide rate quotes.
- American Family Insurance – Yolanda Grajales-Sutter
7878 Big Sky Dr Ste I – Madison, WI 53719 – (608) 826-4518 – View Map - Farmers Insurance
2317 International Ln – Madison, WI 53704 – (608) 249-7380 – View Map - Allstate Insurance Agent: George McDevitt
4706 Cottage Grove Rd Ste 300 – Madison, WI 53716 – (608) 222-2411 – View Map
Deciding on an insurance agent should depend on more than just the bottom line cost. Any agent in Madison should be willing to answer these questions.
- Can they help ensure a fair claim settlement?
- What insurance companies do they work with in Madison?
- How often do they review policy coverages?
- If you raise deductibles, how much can you save?
- What insurance companies do they recommend if they are an independent agent?
After getting good answers to all your questions and cheaper LR4 insurance quotes, you have narrowed it down to a car insurance agent that meets your needs to properly service your auto insurance policy.