How long has it been since you sat down and looked for more competitive BMW 325i insurance in Milwaukee? If shopping for Milwaukee car insurance quotes online is new to you, most likely you are overwhelmed by the vast number local agents and online companies offering coverage in Milwaukee.
Remarkably, a study showed that the vast majority of consumers have purchased from the same company for more than four years, and 38% of customers have never even compared quotes to find cheaper rates. Most drivers in Milwaukee could save an average of 30% each year, but they just don’t understand the big savings they would realize if they swap their current policy for a cheaper one.
Buying affordable car insurance policy in Milwaukee is not as hard as you may think. Nearly every vehicle owner who has to purchase car insurance will be able to save money. But Wisconsin vehicle owners can benefit by having an understanding of how insurance companies determine how much to charge and use it to find better rates.
The most recommended method to get policy rate comparisons for BMW 325i insurance in Milwaukee utilizes the fact almost all companies participate in a system to compare their rates. All consumers are required to do is provide a little information such as marital status, if a SR-22 is needed, the year, make and model of vehicles, and any included safety features. That information is instantly submitted to multiple car insurance providers and they return cost estimate instantly.
To start a rate quote now, click here and find out if lower rates are available in Milwaukee.
The auto insurance companies shown below provide price quotes in Milwaukee, WI. If multiple providers are shown, we recommend you visit as many as you can to get the most competitive price.
Cheaper rates with these ten discounts
Not too many consumers would say car insurance is affordable, but you might be missing out on some discounts that could drop your premiums quite a bit. Some discounts will apply at the time you complete a quote, but occasionally some discounts must be requested specifically prior to getting the savings.
- Good Grades Discount – Maintaining excellent grades can save 20 to 25%. Earning this discount can benefit you well after school through age 25.
- Government Employees – Simply working for the federal government can save as much as 8% with a few car insurance companies.
- Savings for New Vehicles – Buying coverage on a new vehicle can save up to 30% because newer models keep occupants safer.
- Active Military Service – Having an actively deployed family member may lower your car insurance rates slightly.
- Drivers Education – Reduce the cost of insurance for teen drivers by having them complete a driver education course as it will make them better drivers and lower rates.
- Telematics Discount – Drivers who elect to allow their company to study driving patterns by using a small device installed in their vehicle such as Progressive’s Snapshot might get better premium rates if they have good driving habits.
- Anti-lock Brake Discount – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
- Life Insurance – Some insurance carriers give a lower premium rate if you buy some life insurance too.
- Membership in Organizations – Being a member of qualifying clubs or civic groups could earn you a nice discount on your next car insurance statement.
- Defensive Driver Discounts – Successfully completing a course teaching safe driver skills could earn you a small percentage discount and make you a better driver.
It’s important to note that some of the credits will not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like liability and collision coverage. Even though it may seem like all the discounts add up to a free policy, companies wouldn’t make money that way. Any qualifying discounts should definitely cut the amount you pay for coverage.
Popular car insurance companies and a partial list of their discounts are shown below.
- Farm Bureau discounts include driver training, renewal discount, 55 and retired, youthful driver, multi-vehicle, safe driver, and multi-policy.
- Liberty Mutual offers discounts for multi-policy, new move discount, new graduate, multi-car, good student, and preferred payment discount.
- State Farm may include discounts for anti-theft, student away at school, Steer Clear safe driver discount, passive restraint, good student, and accident-free.
- Auto-Owners Insurance includes discounts for good student, multiple vehicles, paid in full, anti-lock brakes, multi-policy, and anti-theft.
- GEICO may offer discounts for five-year accident-free, driver training, air bags, military active duty, defensive driver, emergency military deployment, and anti-theft.
- SAFECO offers premium reductions for accident prevention training, teen safe driver, anti-theft, anti-lock brakes, and bundle discounts.
If you are trying to find affordable Milwaukee car insurance quotes, ask each company or agent how you can save money. Some discounts may not apply everywhere.
Buying from insurance agencies
Many drivers still like to visit with an insurance agent and we recommend doing that An additional benefit of price shopping on the web is that you can find the lowest rates and still choose a local agent. Buying from and supporting local agencies is important particularly in Milwaukee.
Upon completion of this short form, your insurance data gets sent to local insurance agents in Milwaukee who can give free rate quotes for your insurance coverage. You don’t have to contact any agents because prices are sent immediately to your email address. You can find the lowest rates and work with a local agent. If for some reason you want to quote rates for a specific company, you would need to visit that company’s website and submit a quote form there.
When narrowing the list to find a reputable insurance agent or broker, you must know there are a couple different types of agents and how they differ in how they quote coverages. Insurance agencies in Milwaukee are either exclusive or independent.
Independent Insurance Agencies or Brokers
Agents that choose to be independent often have many company appointments so they can insure your vehicles with many different companies and get the cheapest rates. If prices rise, your policy is moved internally which makes it simple for you. If you need lower rates, you definitely need to compare quotes from several independent insurance agents to have the best price comparison. Most independent agents also contract with lesser-known insurance companies that may provide cheaper insurance rates.
Listed below is a small list of independent insurance agencies in Milwaukee that can give you free insurance rate quotes.
- Dale G Latus Insurance
5232 W Oklahoma Ave # 215 – Milwaukee, WI 53219 – (414) 352-1118 – View Map - See Insurance Agency LLC
7817 W Brown Deer Rd – Milwaukee, WI 53223 – (414) 355-5433 – View Map - Reilly Insurance Services
3075 S Howell Ave – Milwaukee, WI 53207 – (414) 482-4461 – View Map
Exclusive Agents
Agents that elect to be exclusive have only one company to place business with like Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents cannot compare rates from other companies so they have to upsell other benefits. Exclusive insurance agents receive a lot of sales training in insurance sales which helps them compete with independent agents. Consumers frequently choose to use an exclusive agent primarily because of loyalty to the company rather than having the cheapest rates.
Below is a list of exclusive insurance agencies in Milwaukee that can give you rate quotes.
- Len Cratic Jr – State Farm Insurance Agent
10721 W Capitol Dr #127 – Milwaukee, WI 53222 – (414) 527-4288 – View Map - American Family Insurance – Adam Altis
6015 W Forest Home Ave – Milwaukee, WI 53220 – (414) 321-9944 – View Map - Allstate Insurance: Mark Stanley
3525 S 68th St – Milwaukee, WI 53220 – (414) 321-3700 – View Map
Selecting an car insurance agent should depend on more than just a cheap price. Agents should be asked these questions:
- Are claims handled at the agent’s location?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- What are the financial ratings for the companies they represent?
- If your car is totalled, how to they determine the replacement cost?
- Do you need full coverage on every vehicle?
- Does the agency have a good rating with the Better Business Bureau?
Upon getting answers to your satisfaction to these questions as well as a price you’re happy with, it’s a good possibility that you have found an insurance agency that is a good match to properly insure your vehicles. Just keep in mind you are entitled to terminate your policy whenever you choose to so never assume that you are obligated to your new company for the full term.
Car insurance is an important decision
Even though it can be expensive, buying car insurance is mandatory in Wisconsin but it also protects more than you think.
First, just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability in order to license the vehicle. 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 loan on your 325i, almost all lenders will force you to have insurance to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your BMW at a much higher premium rate and require you to pay for the expensive policy.
Third, car insurance preserves not only your vehicle but also your assets. It will also provide coverage for most medical and hospital costs that are the result of an accident. As part of your policy, liability insurance will also pay for a defense attorney if you are sued as the result of your driving. If your BMW gets damaged, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of insuring your car more than offset the price you pay, especially with large liability claims. The average driver in America is wasting up to $855 a year so it’s important to compare rates at every renewal to make sure the price is not too high.
The coverage is in the details
Having a good grasp of your policy helps when choosing the best coverages for your vehicles. Auto insurance terms can be ambiguous and coverage can change by endorsement.
Collision insurance
Collision coverage covers damage to your 325i from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as hitting a parking meter, rolling your car and crashing into a ditch. This coverage can be expensive, so consider removing coverage from older vehicles. You can also increase the deductible on your 325i to get cheaper collision coverage.
Comprehensive auto coverage
Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as hitting a bird, vandalism and damage from a tornado or hurricane. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required (25/50/10 in Wisconsin), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Liability car insurance
This coverage provides protection from damage that occurs to a person or their property in an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/10 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $10,000 paid for damaged property. Some companies may use a combined single limit or CSL which provides one coverage limit without having the split limit caps.
Liability coverage protects against things such as medical expenses, medical services, bail bonds, pain and suffering and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible. Wisconsin requires drivers to carry at least 25/50/10 but drivers should carry more liability than the minimum.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP pay for immediate expenses for things like nursing services, prosthetic devices, dental work, EMT expenses and X-ray expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
Cheaper coverage is out there
Cheaper BMW 325i insurance in Milwaukee can be found both online and with local Milwaukee insurance agents, and you should be comparing both to have the best selection. Some companies do not offer online rate quotes and these small, regional companies work with independent agents.
While you’re price shopping online, never reduce coverage to reduce premium. There have been many cases where drivers have reduced collision coverage only to discover later they didn’t purchase enough coverage. Your focus should be to buy the best coverage you can find for the lowest cost and still be able to protect your assets.
Throughout this article, we presented a lot of tips how to lower your BMW 325i insurance car insurance rates in Milwaukee. The key concept to understand is the more providers you compare, the better chance you’ll have of finding low cost Milwaukee car insurance quotes. Consumers may even find the best car insurance rates are with an unexpected company.
For more information, feel free to visit the following helpful articles:
- Rental Car Insurance Tips (Insurance Information Institute)
- Who Has Cheap Milwaukee Car Insurance Quotes for Business Use? (FAQ)
- Who Has Cheap Milwaukee Car Insurance Rates for Welfare Recipients? (FAQ)
- Who Has Cheap Milwaukee Auto Insurance Quotes for Uber Drivers? (FAQ)
- Safety Belts FAQ (iihs.org)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Booster Seat Ratings (iihs.org)
- A Tree Fell on Your Car: Now What? (Allstate)