Save Money on Audi R8 Insurance in Milwaukee

How long have you put off shopping around for cheaper Audi R8 insurance in Milwaukee? Are you a victim of an expensive insurance policy? You’re preaching to the choir because you’re not the only one.

Unimaginable but true, about 70% of customers have been with the same company for at least four years, and nearly half have never quoted rates to find cheaper coverage. Wisconsin drivers could save up to 30% a year, but they feel it’s too difficult to compare rates online. Numerous insurers battle for your business, so it’s not easy to compare every insurance company and get the best coverage at the lowest rate possible on Audi R8 insurance in Milwaukee.

Consumers should take time to price shop coverage as often as possible because prices trend upward over time. If you had the best price on Audi R8 insurance in Milwaukee on your last policy you may be paying too much now. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the best methods to lower your rates without sacrificing coverage.

Companies offering Audi R8 insurance in Wisconsin

The companies shown below can provide price quotes in Milwaukee, WI. If the list has multiple companies, it’s a good idea that you visit several of them to find the most affordable auto insurance rates.

Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Estimates do not factor in specific Milwaukee garaging location which can modify premiums greatly.

Should you raise deductibles?

One common question asked by Milwaukee drivers is how low should you set your deductibles. The data tables below may help to illustrate the differences in price between low and high physical damage deductibles. The first set of rates uses a $100 deductible for physical damage and the second rate table uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Rate information does not factor in Milwaukee location which can influence prices considerably.

Based on these figures, using a $100 deductible will cost you approximately $37 more each month or $444 annually than requesting the higher $500 deductible. Since you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you have at a minimum 11 months between claims, you would probably save some money if you choose the higher deductible. The illustration below shows an example of how you can do this calculation yourself.

Discounts for cheaper insurance rates

Insurance can be prohibitively expensive, but companies offer discounts to reduce the price significantly. Many discounts should be triggered when you get a quote, but lesser-known reductions have to be asked about before you will receive the discount.

• Auto/Home Discount – When you have multiple policies with one company you will save up to 20% and get you inexpensive Audi R8 insurance in Milwaukee.
• Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to fasten their seat belts can save up to 15% off the medical payments premium.
• Accident Waiver – This isn’t a discount exactly, but some companies like Allstate and Progressive will turn a blind eye to one accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.
• Cautious Drivers – Drivers without accidents can save up to 40% or more on their Milwaukee auto insurance quote as compared to drivers with claims.
• Anti-lock Brakes – Cars and trucks equipped with ABS or steering control can stop better under adverse conditions so companies give up to a 10% discount.
• Homeowners Savings – Just being a homeowner can get you a discount because it requires a higher level of personal finance.
• Claim-Free Discount – Good drivers with no accidents pay much less as compared to drivers who are more careless.

Discounts save money, but please remember that some credits don’t apply to your bottom line cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like all the discounts add up to a free policy, you’re out of luck. Any amount of discount should help lower the amount you pay for coverage.

Large insurance companies and some of their more popular discounts are included below.

• State Farm policyholders can earn discounts including defensive driving training, Drive Safe & Save, Steer Clear safe driver discount, multiple policy, passive restraint, and driver’s education.
• Progressive offers discounts for continuous coverage, multi-policy, multi-vehicle, online quote discount, and homeowner.
• Travelers has savings for good student, new car, IntelliDrive, payment discounts, multi-car, student away at school, and driver training.
• American Family may include discounts for good driver, defensive driver, early bird, air bags, good student, Steer into Savings, and multi-vehicle.
• Liberty Mutual offers premium reductions for teen driver discount, newly retired, multi-policy, preferred payment discount, new vehicle discount, and multi-car.

It’s a good idea to ask each company or agent which credits you are entitled to. Some credits may not apply in Milwaukee.

Get rate quotes but still have a neighborhood Milwaukee auto insurance agent

Some people just want to have an agent’s advice and we recommend doing that Insurance agents are trained to spot inefficiencies and help submit paperwork. The biggest benefit of getting online price quotes is the fact that you can find cheap rate quotes and also buy local. Supporting local agencies is especially important in Milwaukee.

Once you complete this short form, your insurance coverage information is immediately sent to companies in Milwaukee who can give free rate quotes and help you find cheaper coverage. You never need to leave your house since rate quotes are delivered directly to your email. If for some reason you want to get a price quote from a specific company, you just need to navigate to their website and fill out their quote form.

When narrowing the list to find a reliable insurance agent, you should know the different types of agencies and how they function. Milwaukee agents are considered either independent (non-exclusive) or exclusive. Both types can write auto insurance policies, but it’s important to know how they differ since it could factor into your selection of an agent.

Independent Agents

These type of agents are not required to write business for one company and that allows them to write policies with an assortment of companies and find you the best rates. To move your coverage to a new company, your agent can just switch to a different company and that require little work on your part.

When comparing rate quotes, we highly recommend that you check rates from at a minimum one independent agency so that you can do a thorough price comparison.

Listed below are independent insurance agents in Milwaukee who may provide cheap rate quotes.

More Milwaukee agents

Exclusive Agencies

Exclusive agents write business for a single company like AAA, Allstate, and State Farm. Exclusive agents cannot compare rates from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are usually well trained on their company’s products and that enables them to sell even at higher rates.

Shown below are Milwaukee exclusive agencies that can give you rate quotes.

More Milwaukee agents

Deciding on a car insurance agent requires more thought than just the quoted price. Here are some questions you might want to ask.

• Does the agent help file claims?
• Is the quote a firm price?
• Does the agency have a current Errors and Omissions policy?
• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• Will your rates increase after a single accident?
• Do they have designations such as AIC, CPCU, or CIC?

If you get positive responses to your questions and cheap R8 insurance quotes, you may have just found an auto insurance agent that meets your needs to properly insure your vehicles. But keep in mind it’s your policy and you can cancel a policy when you choose so don’t assume that you are obligated to any specific company for the entire policy term.

Insurance myths debunked

Consumers in Wisconsin constantly see and hear ads that claim the best car insurance rates from companies such as GEICO, State Farm and Progressive. All the companies advertise claims about savings if you get a free Milwaukee auto insurance quote and switch your policy.

That’s great but how can every company offer you a better deal on Audi R8 insurance in Milwaukee? It’s all in the wording.

Insurance companies require specific criteria for the type of driver that will add to their bottom line. An example of a desirable insured could possibly be between the ages of 40 and 55, has a low-risk occupation, and has excellent credit. Anyone who matches those parameters may get the lowest prices in Milwaukee and as a result will probably save a lot of money.

Potential customers who are not a match for those standards will see higher premium rates and this can result in the customer buying from a different company. The ads say “customers that switch” but not “everyone who gets a quote” save that kind of money. This is how insurance companies can confidently make the claims of big savings.

That is why you really should compare as many free Milwaukee auto insurance quotes as you can. It is just not possible to predict the company that will provide the lowest Audi R8 insurance in Milwaukee.

More effort can pay off

You just learned quite a bit of information on how to compare Audi R8 insurance rates in Milwaukee. The key concept to understand is the more you quote Milwaukee auto insurance, the better likelihood of getting affordable Audi R8 insurance quotes. You may even find the lowest priced auto insurance comes from an unexpected company. Smaller companies may have significantly lower car insurance rates on certain market segments as compared to the big name companies such as State Farm or Progressive.

While you’re price shopping online, never reduce needed coverages to save money. There are many occasions where an insured dropped physical damage coverage only to discover later that the savings was not a smart move. The goal is to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

Additional learning opportunities

• Five Mistakes to Avoid (Insurance Information Institute)
• Who Has Cheap Milwaukee Car Insurance Quotes for Business Use? (FAQ)
• What Auto Insurance is Cheapest for a Learners Permit in Milwaukee? (FAQ)
• What Car Insurance is Cheapest for High School Students in Milwaukee? (FAQ)
• How to shop for a safer car (Insurance Institute for Highway Safety)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)