Best Insurance for a Chevy Colorado in Milwaukee

Purchasing budget-priced Milwaukee Chevy Colorado insurance quotes online may be problematic for beginners to comparing prices online. With such a large number of insurers available, how are people able to even start to compare every possible option in order to find lower insurance premiums?

Astonishing but true, most drivers kept their policy with the same company for well over three years, and just short of a majority have never compared rates to find affordable insurance. Milwaukee consumers could cut their rates by as much as $400 a year by just comparing quotes, but they don’t know the rate savings if they switch to a new company.

Just remember that more quotes will enable you to find lower pricing.

The following companies offer price comparisons in Wisconsin. If multiple companies are shown, we recommend you compare several of them to get the most affordable price.

Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Estimates do not factor in specific garaging location which can lower or raise prices greatly.

An analysis of deductible level

One of the most common car insurance questions is where to set your physical damage deductibles. The figures shown below sum up the differences in price of buying low and high comp and collision deductibles. The first data set uses a $100 deductible for comprehensive and collision coverage and the second rate chart uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Rates do not factor in Milwaukee location which can lower or raise coverage prices substantially.

Based on the figures above, using a $100 deductible will cost you about $15 more each month or $180 every year than requesting the higher $500 deductible. Because you would pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you usually have at least 27 months between claim filings, you would probably come out ahead if you choose a higher deductible.

Why you need vehicle insurance in Wisconsin

Despite the high cost of buying insurance for a Chevy Colorado in Milwaukee, insurance is required in Wisconsin but also provides important benefits.

• Almost all states have minimum liability requirements which means you are required to buy a specific minimum amount of liability coverage if you drive a 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.
• If you bought your Chevy with a loan, it’s guaranteed your bank will stipulate that you have full coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the lender may insure your Chevy at a significantly higher premium and require you to reimburse them a much higher amount than you were paying before.
• Insurance safeguards not only your Chevy Colorado but also your assets. Insurance will also pay for medical expenses for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If you have damage to your Chevy as the result of the weather or an accident, your car insurance policy will pay to repair the damage minus the deductible amount.

The benefits of buying car insurance outweigh the cost, specifically if you ever have a liability claim. The average driver in America is wasting up to $865 each year so it’s important to compare rates once a year at a minimum to make sure the price is not too high.

These discounts can slash Chevy Colorado insurance rates

Companies offering auto insurance don’t list every available discount in a way that’s easy to find, so we break down both the well known and also the more inconspicuous insurance savings.

• Resident Student – Any of your kids who attend college more than 100 miles from Milwaukee and do not have access to a covered vehicle could get you a discount.
• Discounts for Good Drivers – Safe drivers can save up to 40% or more on their Milwaukee auto insurance quote compared to rates paid by drivers with frequent claims.
• Low Miles Discount – Maintaining low annual mileage can earn slightly better rates than normal.
• Federal Government Employee – Federal government employees can earn a discount up to 10% with select insurance companies.
• Discount for Good Grades – Excelling in school could provide a savings of up to 20% or more. The discount lasts well after school through age 25.
• Waiver for an Accident – Not really a discount, but some insurance companies will allow you to have one accident before they charge you more for coverage if your claims history is clear prior to being involved in the accident.
• Mature Driver Discount – Drivers over the age of 55 can possibly qualify for a discount up to 10%.
• Driver Safety – Passing a course that instructs on driving safety may get you a small discount and easily pay for the cost of the class.
• Paperless Signup – Some of the larger companies will discount your bill up to fifty bucks simply for signing digitally online.
• Early Switch Discount – Some companies reward drivers for buying a policy prior to your current Colorado insurance policy expiration. This can save 10% or more.

As a sidenote, most discount credits are not given to the whole policy. A few only apply to the cost of specific coverages such as comp or med pay. So when it seems like adding up those discounts means a free policy, you aren’t that lucky.

Popular insurance companies and some of the premium reductions they offer are outlined below.

• GEICO includes discounts for good student, multi-vehicle, emergency military deployment, federal employee, and anti-theft.
• Travelers policyholders can earn discounts including payment discounts, driver training, hybrid/electric vehicle, save driver, good student, and continuous insurance.
• Farm Bureau offers discounts for 55 and retired, multi-vehicle, safe driver, youthful driver, and renewal discount.
• Liberty Mutual may have discounts that include preferred payment discount, multi-car, new vehicle discount, teen driver discount, and good student.
• American Family has discounts for good student, defensive driver, mySafetyValet, TimeAway discount, good driver, and bundled insurance.
• Progressive may offer discounts for multi-vehicle, good student, homeowner, online signing, and continuous coverage.

Check with every insurance company to apply every possible discount. Some of the discounts discussed earlier might not be offered in Milwaukee. For a list of insurers with discount rates in Wisconsin, click here to view.

Compare rate quotes but buy from a neighborhood Milwaukee auto insurance agent

A small number of people would prefer to buy from a licensed agent and that is recommended in a lot of cases A nice benefit of getting online price quotes is you may find cheap rate quotes and still have a local agent. Buying insurance from local agencies is especially important in Milwaukee.

After filling out this short form, the quote information is emailed to companies in Milwaukee who will give you quotes for your insurance coverage. You never need to leave your house due to the fact that quote results will go to the email address you provide. You’ll get the best rates without a big time investment. If you have a need to get a price quote from a specific insurance company, you just need to navigate to their website and fill out their quote form.

Exclusive and independent Milwaukee car insurance agents

If you’re trying to find a local agent, it’s helpful to know the types of insurance agents that differ in how they can insure your vehicles. Insurance agencies in Milwaukee may be either exclusive agents or independent agents.

Independent Agents

Independent agencies are not employed by any specific company so as a result can place your coverage with any number of different companies enabling the ability to shop coverage around. If premiums increase, your agent can just switch to a different company which is easy for the insured. If you need lower rates, it’s recommended you include price quotes from multiple independent agents to have the most options to choose from. Many can place coverage with less well-known companies who may have lower rates.

The following are Milwaukee independent insurance agencies that can possibly get you free rate quotes.

• Tilley Insurance
  12344 W Layton Ave – Milwaukee, WI 53228 – (414) 235-3561 – View Map
• Wesley Insurance
  5600 W Center St – Milwaukee, WI 53210 – (414) 873-4500 – View Map
• B and J Insurance Agency, Inc.
  4234 N 76th St – Milwaukee, WI 53222 – (414) 461-4120 – View Map

View more Milwaukee agents

Exclusive Insurance Agencies

These agents have only one company to place business with like Allstate and State Farm. They are unable to give you multiple price quotes so you might not find the best rates. Exclusive agencies are usually quite knowledgeable on sales techniques which helps them sell on service rather than price. Consumers frequently purchase coverage from exclusives primarily because of high brand loyalty and solid financial strength.

The following is a list of exclusive insurance agents in Milwaukee that can give you price quotes.

• American Family Insurance – Gregory Felzer
  790 N Milwaukee St #110 – Milwaukee, WI 53202 – (414) 224-9000 – View Map
• American Family Insurance – Edward Thomas
  4641 W Forest Home Ave – Milwaukee, WI 53219 – (414) 327-4770 – View Map
• Allstate Insurance: Mark Stanley
  3525 S 68th St – Milwaukee, WI 53220 – (414) 321-3700 – View Map

View more Milwaukee agents

Choosing the best auto insurance agent shouldn’t rely on just the price. These are some questions your agent should answer.

• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• Do you qualify for any additional discounts?
• Is coverage determined by price?
• Do they have designations such as AIC, CPCU, or CIC?
• How long has their agency been open in Milwaukee?
• Is assistance available after office hours?
• Do they feel the quoted coverages are adequate?
• Did they already check your driving record and credit reports?

Car insurance is unique, just like you

Always keep in mind that when comparing your policy, there really isn’t a “best” method to buy coverage. Your financial needs are unique and your car insurance should unique, too.
For instance, these questions might point out whether you might need an agent’s assistance.

• What is glass protection for?
• Do I have ACV or replacement cost coverage?
• Am I covered if I hit my neighbor’s mailbox?
• If I use my vehicle for business use is it covered?
• What if I total my Chevy Colorado and owe more than it’s worth?
• Do I have coverage when making deliveries for my home business?
• Do I need more liability coverage?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Lower rates by being persistent

As you shop your coverage around, you should never skimp on coverage in order to save money. There are many occasions where someone sacrificed full coverage only to discover later they didn’t have enough coverage. Your aim should be to buy a smart amount of coverage at the lowest possible cost, but do not skimp to save money.

Some companies may not have the ability to get a quote online and these smaller providers prefer to sell through local independent agencies. Affordable Chevy Colorado insurance in Milwaukee is definitely available online and from local agencies, so you need to compare both to have the best selection.

Much more information about car insurance in Wisconsin can be read at these links:

• Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
• How Much are Car Insurance Quotes for a Chevrolet Equinox in Milwaukee? (FAQ)
• What Insurance is Cheapest for a School Permit in Milwaukee? (FAQ)
• Who Has Affordable Milwaukee Auto Insurance for State Employees? (FAQ)
• Determing Auto Insurance Rates (GEICO)
• Auto Crash Statistics (Insurance Information Institute)