How to Compare Milwaukee Ford Explorer Sport Trac Insurance

Are you a victim of an overpriced auto insurance policy? Trust us, there are lots of people in the same boat.

A recent NerdWallet.com study revealed that a large majority of drivers kept their coverage with the same auto insurance company for more than four years, and almost half have never compared rates from other carriers. Many consumers in America could save 46.5% a year just by comparing rates, but most tend to underestimate how much savings they would realize if they switch to a new company.

Due to the abundance of companies to choose from that have lower-cost insurance for a Ford Explorer Sport Trac in Milwaukee, it is hard for the average consumer to pick the lowest cost company.

Buying the cheapest car insurance in Milwaukee is really not that difficult. In essence, every vehicle owner who carries car insurance will probably be able to find better rates. Although Wisconsin drivers need to learn how the larger insurance companies determine prices.

When shopping for Ford Explorer Sport Trac insurance in Milwaukee there are multiple ways to compare quotes from different Milwaukee insurance companies. The easiest way to compare rates consists of obtaining rate quotes online.

Comparison shopping rates online is easy and it replaces the need to drive around to different agent offices. The fact that you can get quotes online makes this unnecessary unless you want the advice and guidance that only an agent can give. Drivers can obtain prices from the web but buy from a local insurance agent.

Just keep in mind that having more price comparisons helps improve the odds of finding a better price.

The companies shown below offer price quotes in Wisconsin. If multiple companies are shown, we suggest you get rates from several of them in order to get a fair rate comparison.

Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Estimates do not factor in specific location information which can revise auto insurance rates considerably.

Policy deductible comparison

When shopping for car insurance, a common question is how high should the physical damage deductibles be. The following tables may help to illustrate the premium difference between low and high deductibles. The first data set uses a $250 comprehensive and collision deductible and the second rate chart uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Premium costs do not factor in your specific Milwaukee location which can decrease or increase prices noticeably.

Based on the figures above, using a $250 deductible would cost the average driver about $16 more each month or $192 annually than requesting the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you have at a minimum 47 months between claim filings, you would probably come out ahead by selecting a higher deductible.

One important issue to know is that increasing deductibles to lower your rates means you will have to pay more when you file a claim. You need to make sure you have enough extra savings in the event you need to pay more for the deductible.

Age, gender, and Ford Explorer Sport Trac insurance

The chart below visualizes the comparison of Ford Explorer Sport Trac annual premium costs for male and female drivers. The information is based on no violations or accidents, comprehensive and collision coverage, $500 deductibles, drivers are single, and no additional discounts are factored in.

Affordable rates with discounts

Insurance is not inexpensive, but you can get discounts to help offset the cost. A few discounts will be applied when you purchase, but some must be requested specifically prior to getting the savings.

• Onboard Data Collection – Drivers who elect to allow their insurance company to analyze driving habits by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate may see discounts if they have good driving habits.
• Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to wear their seat belts could cut 10% or more on the premium charged for medical payments and/or PIP.
• Distant College Student Discount – Any of your kids who attend college more than 100 miles from Milwaukee and won’t have access to an insured vehicle may be able to be covered for less.
• Drivers Education – It’s a good idea to have your young drivers take driver’s ed class if it’s offered in school.
• Senior Citizens – If you qualify as a senior citizen, you may be able to get lower premium rates.
• Paperless Signup – Some of the larger companies will give a small break for buying your policy digitally online.

Discounts reduce rates, but you should keep in mind that most discounts do not apply to all coverage premiums. Some only reduce individual premiums such as comprehensive or collision. So even though you would think all the discounts add up to a free policy, nobody gets a free ride.

Car insurance companies that have some of the above discounts include:

• Farm Bureau
• MetLife
• Progressive
• AAA
• American Family
• GEICO
• State Farm

Before buying, ask each company which discounts can lower your rates. Discounts may not apply in every state.

Insurance just makes sense

Even though Milwaukee Explorer Sport Trac insurance rates can get expensive, maintaining insurance may be mandatory for several reasons.

First, just about all states have compulsory liability insurance requirements which means it is punishable by state law to not carry a minimum amount 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.

Second, if you have a loan on your car, most banks will have a requirement that you buy insurance to ensure loan repayment if the vehicle is totalled. If you cancel or allow the policy to lapse, the bank may insure your Ford for a lot more money and make you pay for it.

Third, insurance protects your Ford and your assets. It will also provide coverage for medical bills that are the result of an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.

The benefits of having insurance are definitely more than the cost, especially for larger claims. But the average driver in Wisconsin is overpaying more than $830 a year so compare rate quotes each time the policy renews to save money.

Are auto insurance agents a thing of the past?

Many drivers prefer to talk to an insurance agent and that is not a bad decision The biggest benefit of price shopping on the web is you can get lower prices and still have an agent to talk to.

For easy comparison, once you complete this form (opens in new window), your insurance coverage information is instantly submitted to local insurance agents that can provide free Milwaukee car insurance quotes to get your business. It’s much easier because you don’t need to contact any agents since rate quotes are delivered immediately to your email address. You can find lower rates AND a local agent. If for some reason you want to compare prices from one company in particular, you can always search and find their rate quote page and fill out the quote form the provide.

Finding the right insurance company is decision based upon more than just the price. You should also get answers to these questions.

• When do they do a full risk review?
• What will you get paid if your car is a total loss? How is that amount determined?
• How experienced are they in personal risk management?
• Will you get a loaner vehicle if you car is being repaired?
• Is the agency involved in supporting local community causes?
• Which insurance companies are they affiliated with?
• Do they receive special compensation for putting your coverage with one company over another?

If you are searching for a local Milwaukee insurance agent, it can be helpful to understand the types of agencies that differ in how they can insure your vehicles. Insurance agencies in Milwaukee can be categorized as either independent agents or exclusive agents depending on their employer.

Exclusive Insurance Agents

Exclusive agencies can usually just insure with one company like Farmers Insurance or State Farm. They usually cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. They receive extensive training on what they offer which helps them compete with independent agents.

The following is a list of exclusive agencies in Milwaukee who may provide you with comparison quotes.

More insurance agents

Independent Insurance Agencies

Independent agents often have affiliation with several companies and that allows them to write policies with an assortment of companies enabling the ability to shop coverage around. If they quote lower rates, your agent can just switch to a different company which makes it simple for you. When comparison shopping, you will definitely want to contact several independent agencies to get the best comparison.

Listed below are Milwaukee independent agencies who can help you get price quotes.

More insurance agents

If you get reasonable responses to your questions as well as an affordable premium quote, you may have found an auto insurance agent that can properly service your insurance policy. Just keep in mind consumers can cancel coverage any time you want so don’t feel you’re contractually obligated to a policy for the entire policy term.