Are you sick and tired of being strong-armed to buy car insurance? Your situation is no different than millions of other consumers.
With consumers having so many different company options, it can be diffult for consumers to locate the most affordable insurance company.
It’s a good idea to get comparison quotes once or twice a year because insurance rates trend upward over time. Just because you found the best deal two years ago other companies may now be cheaper. There is a lot of bad advice regarding car insurance online but I’m going to show you some good information on how to quit paying high car insurance rates.
Compare the Market for Car Insurance in Lakeville, MN
All major car insurance companies like State Farm, Allstate and Geico provide pricing directly from their websites. Getting online rates is fairly straightforward as you simply type in as detailed in the form. After the form is submitted, their system sends out for your driving record and credit report and generates a price based on many factors. Quoting online makes comparing rates easy, but the time required to go to each company’s website and repetitively fill out multiple forms can get tiresome after awhile. Unfortunately, it is important to get many rate quotes in order to find a lower rate.
The easy way to compare rates
A less time-consuming method to lower your rates requires only one form that gets prices from more than one company. This type of form saves time, requires less work, and makes quoting online much easier. As soon as you send your information, it gets priced and you can choose any or none of the resulting price quotes. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the policy. This process just takes a couple of minutes and could lower your rates considerably.
To quickly fill out one form to compare multiple rates now, click here and enter your vehicle and coverage information. If you have your current policy handy, we recommend you duplicate the coverage information as close as possible to your current policy. This way, you’re receiving a fair comparison based on similar coverages.
You probably qualify for some discounts
Companies that sell car insurance do not list every discount very well, so we researched some of the best known and also the lesser-known discounts you could be receiving.
- Claim Free – Drivers with accident-free driving histories can earn big discounts when compared to accident-prone drivers.
- Distant Student – Any of your kids who live away from home and don’t have a car can receive lower rates.
- Good Student – This discount can earn a discount of 20% or more. This discount can apply until age 25.
- Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts can save 10% or more off your medical payments premium.
- Employee of Federal Government – Employees or retirees of the government can save as much as 8% with select insurance companies.
- Safe Drivers – Drivers who avoid accidents can pay as much as 50% less than drivers with accidents.
- Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and earn discounts up to 10%.
- Own a Home – Simply owning a home may trigger a car insurance policy discount because maintaining a house shows financial diligence.
- Driver Safety – Successfully completing a defensive driving course could cut 5% off your bill and easily recoup the cost of the course.
It’s important to note that most discounts do not apply to the entire policy premium. Most cut individual premiums such as medical payments or collision. So when it seems like you could get a free car insurance policy, you’re out of luck.
For a list of insurance companies who offer car insurance discounts in Minnesota, follow this link.
More resources for learning
More tips and info about car insurance can be read at the Minnesota Department of Commerce website. Minnesota drivers can learn about specific coverages, read consumer alerts, learn about insurance regulations, and read state legal mandates and laws.
Additional helpful sites include these car insurance answers and this list of insurance agents in Lakeville.