If you are new to getting , chances are good that you are confused thanks to the vast number local agents and online companies competing for your business.
It is always a good idea to shop coverage around as often as possible because car insurance rates change quite often. Just because you had the best rate six months ago you will most likely find a better price today. Forget anything you know (or think you know) about car insurance because it’s time to teach you the quickest way to lower your annual insurance bill.
The best way to compare car insurance rates is to know the fact all the major auto insurance companies pay for the opportunity to give you rate quotes. The only thing you need to do is provide a little information like how your vehicles are used, an estimate of your credit level, whether your vehicle is owned or leased, and level of coverage desired. Your insurance information gets transmitted to multiple top-rated companies and they provide comparison quotes within a short period of time.
To check rates for your car now, click here and enter the information requested.
Lower rates by qualifying for discounts
Car insurance companies don’t always advertise all available discounts in a way that’s easy to find, so the list below contains both well-publicized as well as the least known credits that may apply to you. If they aren’t giving you every credit you deserve, you could be getting lower rates.
- ABS Braking Discount – Cars, trucks, and SUVs that have anti-lock braking systems are much safer to drive and therefore earn up to a 10% discount.
- Multi-car Discount – Having multiple cars or trucks with one company qualifies for this discount.
- Early Renewal Discounts – A few insurance companies give discounts for signing up prior to the expiration date on your current policy. It’s a savings of about 10%.
- Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to enroll in driver’s education as it will make them better drivers and lower rates.
- Use Seat Belts – Buckling up and requiring all passengers to buckle up could cut 10% or more on the medical payments or PIP coverage costs.
- Low Miles Discount – Low mileage vehicles may allow you to get cheaper rates.
- Pay Upfront and Save – If you can afford to pay the entire bill rather than paying monthly you can actually save on your bill.
As is typical with insurance, most of the big mark downs will not be given to your bottom line cost. Most cut specific coverage prices like physical damage coverage or medical payments. So even though you would think you can get free auto insurance, companies don’t profit that way.
The best car insurance companies and a partial list of their discounts can be found below.
- State Farm has discounts for Drive Safe & Save, good driver, anti-theft, multiple autos, accident-free, safe vehicle, and student away at school.
- Progressive offers discounts including homeowner, multi-policy, good student, multi-vehicle, and online quote discount.
- Travelers may include discounts for new car, driver training, home ownership, student away at school, payment discounts, hybrid/electric vehicle, and continuous insurance.
- American Family includes discounts for good driver, TimeAway discount, multi-vehicle, defensive driver, air bags, and Steer into Savings.
- Liberty Mutual discounts include new vehicle discount, newly retired, good student, multi-policy, multi-car, and exclusive group savings.
Check with every company to give you their best rates. Depending on the company, some discounts might not apply in every state. To choose car insurance companies who offer online car insurance quotes in Elk River, click here.
Don’t assume everyone needs the same car insurance coverage
When it comes to choosing proper insurance coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.
For instance, these questions may help you determine if your situation might need an agent’s assistance.
- What is the difference between comprehensive and collision coverage?
- Do I have any recourse if my insurance company denies a claim?
- At what point should I drop full coverage?
- Am I covered by my spouse’s policy after a separation?
- How do I file an SR-22 for a DUI in Minnesota?
- When would I need additional glass coverage?
- Am I covered when driving on a suspended license?
If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form.
Some additional reading
Additional information is available on the found here. Minnesota drivers can learn about insurance regulations, view a list of available companies, file complaints about a company, and read industry bulletins.