Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me, there are many people just like you. Because there are so many choices, it can be hard to locate the most affordable insurance company.
How to Get Cheap Auto Insurance in Lusk, Wyoming
Shopping for lower auto insurance rates can be a daunting task if you don’t understand the fastest way to get free quotes. You could spend your day talking about coverages with agents in Lusk, or you could save time and use the internet to get the quickest rates.
Many popular insurance companies participate in a marketplace where insurance shoppers enter their policy data once, and each company then gives them pricing based on that data. This eliminates the need for quotation requests to each individual auto insurance company.
To fill out one form to compare multiple rates now click here to start a free quote.
The only drawback to using this type of system is buyers cannot specifically choose which insurance companies you want pricing from. So if you want to choose from a list of companies to compare, we have a listing of the cheapest auto insurance companies in Wyoming. View list of Wyoming insurance companies.
It’s up to you which method you use, but compare the exact same coverage limits on every quote. If your comparisons have different values for each quote it will be very difficult to determine the best price in Lusk.
Discounts can save BIG
Properly insuring your vehicles can get expensive, but there could be available discounts that you may not know about. A few discounts will automatically apply when you get a quote, but less common discounts must be specifically requested before you get the savings. If they aren’t giving you every credit you deserve, you’re paying more than you need to.
- Homeowners Savings – Being a homeowner can help you save on auto insurance due to the fact that maintaining a home requires personal responsibility.
- Multiple Policy Discount – If you have multiple policies with the same company you could get a discount of 10% to 20% off each policy.
- Low Mileage – Fewer annual miles can qualify you for discounted rates on garaged vehicles.
- Paperwork-free – A handful of insurance companies will give a small break for buying a policy and signing up online.
- Discount for New Cars – Putting insurance coverage on a new car is cheaper compared to insuring an older model.
- Multi-car Discount – Having more than one vehicle with the same company may reduce the rate for each vehicle.
It’s important to note that most discounts do not apply to the overall cost of the policy. Most only apply to specific coverage prices like comp or med pay. So when it seems like adding up those discounts means a free policy, you won’t be that lucky. But any discount will help reduce your premiums.
Will just any policy work for me?
When buying coverage, there isn’t really a “perfect” insurance plan. Everyone’s needs are different so your insurance should reflect that For instance, these questions might help in determining if you may require specific advice.
- Does my policy pay for OEM or aftermarket parts?
- Do I need higher deductibles?
- Do I need rental car coverage?
- Am I covered if I drive in a foreign country?
- Does having multiple vehicles earn me a discount?
- Does liability extend to a camper or trailer?
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.
More information can be read on the website for the Wyoming Insurance Department located here. Wyoming drivers can report car insurance fraud, view agent and company licensing information, and read enforcement actions against agents and companies.
Auto insurance policy coverages
Understanding the coverages of a auto insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are the normal coverages offered by auto insurance companies.
UM/UIM Coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your vehicle.
Since a lot of drivers carry very low liability coverage limits (which is 25/100/15), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits are similar to your liability insurance amounts.
Comprehensive or Other Than Collision – This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as damage from getting keyed, vandalism and theft. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Auto liability insurance – This coverage protects you from injuries or damage you cause to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability coverage pays for claims such as loss of income, attorney fees and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible. Wyoming state law requires minimum liability limits of 25,000/100,000/15,000 but it’s recommended drivers buy better liability coverage.
Collision – This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like colliding with a tree, colliding with another moving vehicle, crashing into a ditch, rolling your car and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. It’s also possible to raise the deductible to save money on collision insurance.
Medical costs insurance – Med pay and PIP coverage kick in for bills such as hospital visits, surgery and pain medications. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage
In conclusion
As you shop your coverage around, never buy lower coverage limits just to save a few bucks. In many instances, drivers have reduced physical damage coverage to discover at claim time they didn’t purchase enough coverage. The ultimate goal is to find the BEST coverage for the lowest price.
Throughout this article, we presented many tips how you can save on auto insurance. It’s most important to understand that the more quotes you get, the higher your chance of finding lower rates. You may be surprised to find that the best price on auto insurance is with a company that doesn’t do a lot of advertising. Regional companies may have significantly lower rates on certain market segments than their larger competitors like Allstate, Geico and Progressive.