If you are new to online auto insurance, it’s easy to be overwhelmed by the vast assortment of companies offering insurance in Milwaukee.
Unbelievably, most auto insurance buyers in Wisconsin have been with the same company for over three years, and 38% of drivers have never even compared quotes to find cheaper rates. American drivers could save approximately $859 a year by just shopping around, but they don’t understand how simple it is to find cheaper auto insurance rates.
Consumers should take time to quote other rates before your next renewal because auto insurance prices are constantly changing. Despite the fact that you may have had the lowest price on Acura TL insurance in Milwaukee a year ago you may be paying too much now. Forget anything you know (or think you know) about auto insurance because we’re going to show you one of the quickest ways to find lower rates on auto insurance.
If you currently have a car insurance policy, you will definitely be able to get lower rates using the tips covered below. Quoting the most affordable auto insurance coverage in Milwaukee is not as hard as you may think. But Wisconsin car owners do need to understand how companies sell insurance online because rates fluctuate considerably.
Best companies for Acura TL insurance
The following companies provide quotes in Wisconsin. If multiple providers are shown, we recommend you visit two to three different companies to get the lowest price.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
TL 3.5 | $192 | $412 | $242 | $14 | $72 | $932 | $78 |
TL 3.5 W/Technology Package | $180 | $350 | $310 | $18 | $92 | $950 | $79 |
TL 3.7 SH AWD | $154 | $292 | $216 | $12 | $64 | $738 | $62 |
TL 3.7 SH W/Technology Package AWD | $200 | $406 | $230 | $14 | $68 | $918 | $77 |
Get Your Own Custom Quote Go |
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Table data does not factor in Milwaukee location which can raise or lower price quotes considerably.
An analysis of deductible level
One of the more difficult decisions when buying car insurance is how high should the physical damage coverage deductibles be. The following insurance rates can help you visualize the rate differences between low and high comp and collision deductibles. The first rate estimation uses a $100 comprehensive and collision deductible and the second price table uses a $500 deductible.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
TL 3.5 | $224 | $422 | $230 | $14 | $68 | $983 | $82 |
TL 3.5 W/Technology Package | $224 | $422 | $230 | $14 | $68 | $983 | $82 |
TL 3.7 SH AWD | $224 | $422 | $230 | $14 | $68 | $983 | $82 |
TL 3.7 SH W/Technology Package AWD | $224 | $484 | $230 | $14 | $68 | $1,045 | $87 |
Get Your Own Custom Quote Go |
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
TL 3.5 | $164 | $284 | $230 | $14 | $68 | $760 | $63 |
TL 3.5 W/Technology Package | $164 | $284 | $230 | $14 | $68 | $760 | $63 |
TL 3.7 SH AWD | $164 | $284 | $230 | $14 | $68 | $760 | $63 |
TL 3.7 SH W/Technology Package AWD | $164 | $328 | $230 | $14 | $68 | $804 | $67 |
Get Your Own Custom Quote Go |
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Rates do not factor in zip code location which can revise prices greatly.
We can estimate from the data above that using a $100 deductible costs approximately $19 more each month or $228 each year than requesting the higher $500 deductible. Since the policyholder would be required to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 21 months between claims, you would probably save some money if you elect the higher deductible.
Higher deductibles save money
The diagram below shows how choosing a deductible and can impact Acura TL insurance costs for different age groups. The premiums are based on a single female driver, comprehensive and collision coverage, and no discounts are applied.
Annual premiums comparing men and women
The information below illustrates the difference between Acura TL insurance costs for male and female drivers. The data assumes no violations or claims, full coverage, $100 deductibles, drivers are single, and no discounts are applied.
Take advantage of these rate reducing discounts
Companies that sell car insurance don’t always publicize all possible discounts in an easy-to-find place, so the next list breaks down both the well known as well as the least known savings tricks you should be using when you buy Milwaukee car insurance online.
- Early Payment Discounts – If you pay your bill all at once rather than paying in monthly installments you may have a lower total premium amount.
- Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems could see savings as much as 30%.
- Drive Safe and Save – Insureds without accidents could pay up to 40% less compared to rates paid by drivers with frequent claims.
- Online Discount – A few car insurance companies provide a small discount for signing up on the web.
- Active Service Discounts – Having a deployed family member could mean lower car insurance rates.
- No Claim Discounts – Drivers who don’t have accidents pay less when compared with bad drivers.
- Theft Deterrent – Cars equipped with tracking devices and advanced anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.
- Good Grades Discount – This discount can earn a discount of 20% or more. Many companies even apply the discount to college students up until you turn 25.
As is typical with insurance, most discount credits are not given to your bottom line cost. Most only apply to the price of certain insurance coverages like medical payments or collision. So when the math indicates having all the discounts means you get insurance for free, it just doesn’t work that way.
A few popular companies and some of their more popular discounts can be found below.
- State Farm offers discounts including passive restraint, defensive driving training, Drive Safe & Save, anti-theft, and multiple autos.
- Progressive may include discounts for homeowner, multi-vehicle, multi-policy, online signing, and good student.
- Travelers offers premium reductions for student away at school, home ownership, good student, continuous insurance, payment discounts, and IntelliDrive.
- American Family may offer discounts for early bird, TimeAway discount, multi-vehicle, accident-free, mySafetyValet, and good driver.
- Liberty Mutual offers discounts for good student, preferred payment discount, new vehicle discount, teen driver discount, multi-car, and safety features.
If you want affordable Acura TL insurance quotes, ask all companies you are considering which discounts can lower your rates. Depending on the company, some discounts may not apply in Milwaukee.
What is the best insurance coverage?
When quoting and choosing the best insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Each situation is unique.
For example, these questions might point out if your insurance needs might need an agent’s assistance.
- When can I cancel my policy?
- Will my Acura TL be repaired with OEM or aftermarket parts?
- Do I need an umbrella policy?
- Does having multiple vehicles earn me a discount?
- Are rock-chip repairs free?
- Am I covered if I crash into my own garage door?
- Is a blown tire covered by insurance?
- Can I pay claims out-of-pocket if I buy high deductibles?
If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form.
When to get advice from an agent
Some consumers would rather buy from a local agent and that is recommended in a lot of cases The best thing about comparing rates online is that you can find cheaper car insurance rates and still have a local agent.
After completing this short form, your insurance coverage information gets sent to agents in your area who can give free rate quotes to get your business. There is no reason to find an agent because prices are sent immediately to you. You can find better rates without a big time investment. In the event you want to compare prices from one company in particular, feel free to search and find their rate quote page and submit a quote form there.
Finding the right provider requires you to look at more than just a low price. Any agent in Milwaukee should have no problem answering these questions:
- Are they involved in claim handling?
- What is the financial rating for the quoted company?
- Is the agent and/or agency licensed to do business in Wisconsin?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Do they have a Better Business Bureau rating in Milwaukee?
- If they are an independent agency in Milwaukee, which companies do they recommend?
- Who are their largest clients?
Exclusive agents vs. Independent agents
When researching a local agent, you should know the types of agencies that you can choose from. Agencies in Milwaukee are categorized either independent agents or exclusive agents depending on their employer.
Exclusive Auto Insurance Agents
Exclusive agencies are contracted to one company and some examples include State Farm, Allstate, or Farmers Insurance. They usually cannot give you multiple price quotes so keep that in mind. Exclusive agents are very knowledgeable on sales techniques which helps them compete with independent agents. Consumers sometimes purchase coverage from exclusives mostly because of the brand name and solid financial strength.
The following is a list of exclusive insurance agencies in Milwaukee that are able to give comparison quotes.
- Allstate Insurance: Dave Kelley
5913 W Howard Ave – Milwaukee, WI 53220 – (414) 988-5271 – View Map - American Family Insurance – Baiio Marchan
3647 S Chase Ave – Milwaukee, WI 53207 – (414) 744-2192 – View Map - Karin Bojarski-Vella State FarmĀ®
7919 N 76th St – Milwaukee, WI 53223 – (414) 355-1141 – View Map
Independent Agents (or Brokers)
These agents are not employed by any specific company and that is an advantage because they can write policies with lots of companies and find you the best rates. If you are not satisfied with one company, your agent can switch companies without you having to go to a different agency. When comparison shopping, it’s a good idea to include price quotes from at least one independent agent in order to have the best price comparison. Most independent agents also contract with companies that do not advertise much that may have much lower rates than larger companies.
Below is a list of independent agents in Milwaukee who can help you get rate quotes.
- Tilley Insurance
12344 W Layton Ave – Milwaukee, WI 53228 – (414) 235-3561 – View Map - Procter Insurance Agency
2315 10th Ave – South Milwaukee, WI 53172 – (414) 762-8900 – View Map - Philleo Agency Insurance
12555 W Burleigh Rd – Brookfield, WI 53005 – (262) 432-4200 – View Map
Upon getting good responses to all your questions as well as a affordable price, most likely you have located an insurance agency that is professional and can adequately provide auto insurance. Just be aware that consumers can cancel a policy when you choose so never assume that you are obligated to any particular company for the full term.
Do car insurance companies bend the truth?
Car insurance providers like Allstate, GEICO and Progressive consistently run ads in print and on television. They all seem to tend to make the same promise about savings if you switch your policy. That’s great but how can every company give you a lower rate on Acura TL insurance in Milwaukee? Just pay attention to how they say it.
Insurance providers have a preferred profile for the type of insured that will generate a profit. For example, this type of insured should be over the age of 35, has no claims, and drives less than 7,500 miles a year. Someone that fits those parameters may get the lowest premium rates in Milwaukee and is almost guaranteed to save if they switch.
Consumers who do not meet these criteria will be quoted higher rates which leads to the customer not purchasing. The ad wording is “customers that switch” but not “everyone who gets a quote” save the amount stated. That is how insurance companies can confidently make claims that they all have the best auto insurance rates. Because of this risk profiling, it is so important to do a rate comparison at every renewal. Because without a comparison, you cannot know which insurance companies will have better rates than you’re paying now.
The best insurance company isn’t always the cheapest
You just learned a lot of ways to find affordable Acura TL insurance in Milwaukee. The key concept to understand is the more times you quote, the better your chances of lowering your premium rates. Consumers could even find that the biggest savings come from a company that doesn’t do a lot of advertising.
As you go through the steps to switch your coverage, do not buy less coverage just to save a little money. In too many instances, an insured cut physical damage coverage and learned later that they should have had better coverage. Your objective should be to buy enough coverage at the lowest possible cost while not skimping on critical coverages.
Insureds switch companies for many reasons like policy cancellation, an unsatisfactory settlement offer, delays in responding to claim requests and policy non-renewal. Whatever your reason, finding a great new company is pretty easy and you might even save some money in the process.
More information is located below:
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Who Has Cheap Milwaukee Auto Insurance Quotes for a 20 Year Old Female? (FAQ)
- Who Has Cheap Auto Insurance for High Mileage Drivers in Milwaukee? (FAQ)
- What Auto Insurance is Cheapest for a Learners Permit in Milwaukee? (FAQ)
- Who Has Cheap Auto Insurance for a Nissan Altima in Milwaukee? (FAQ)
- Who Has the Cheapest Milwaukee Auto Insurance Quotes for a Toyota Tacoma? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Seniors in Milwaukee? (FAQ)
- Uninsured Motorist Statistics (Insurance Information Institute)
- How do I File a Claim? (Insurance Information Institute)