Tips for Saving on Auto Insurance

Last Updated: October 31, 2017

Printable version of publication: Tips for Saving on Auto Insurance

A number of factors contribute to the price companies charge for insurance. Here are some tips to remember when trying to obtain less costly auto insurance:

  • Shop around—Companies charge different prices and offer different discounts, so shop around to find the best coverage at the right price. Wisconsin has a competitive insurance marketplace with many insurance companies conducting business in our state.
  • Maintain a clean driving record—Safe drivers are cheaper to insure. Accidents in which you were majority at fault and tickets for citations are major factors that contribute to higher premiums.
  • Raise your deductible—The deductible is the amount you must pay out of pocket before your insurance policy kicks in on a claim. By raising your deductible you will lower your premium. Make sure you can afford the higher costs you will pay out of pocket if you have an accident.
  • Compare insurance costs before you buy your car—Some cars are more prone to theft, making them more expensive to insure. The same applies with vehicles that cause more damage in crashes or offer occupants less protection in a collision.
  • Consider how much insurance you need—If you drive an older, less expensive vehicle, consider eliminating collision and/or comprehensive coverage. Often owners of older, less expensive vehicles carry only liability insurance.
  • Maintain a good credit rating—Some insurance companies utilize certain credit information to price auto insurance policies.
  • Drive fewer miles—If your annual mileage is less than the average driver, you may qualify for a low-mileage discount.
  • Maintain good grades in school—If you are a student (or parent of one), most insurance companies offer discounts for full-time students with a "B" average or higher.
  • Ask about multiple vehicle discounts—Many insurance companies provide a discount for insuring two or more cars on a policy.
  • Drive a car equipped with safety devices—Features that protect against theft and injury, like anti-theft devices and airbags, can lower your premiums.
  • Complete a drivers' safety course—Taking an approved drivers’ education course may result in a discount or a lower premium.
  • Ask about other discounts—Insurance companies offer various discounts, so it is always smart to ask your agent what additional discounts may be available.

For more information on auto insurance, review the Consumer's Guide to Auto Insurance available on the Office of the Commissioner of Insurance's Web site or by calling the number below.

To file a complaint online or to print a complaint form:

OCI's Web Site

(608) 266-0103 (In Madison) or 1-800-236-8517 (Statewide

Mailing Address
State of Wisconsin
Office of the Commissioner of Insurance
P.O. Box 7873
Madison, Wisconsin 53707-7873

Please indicate your name and phone number.

Deaf, hearing, or speech impaired callers may
reach OCI through the WI TRS