Car Insurance in Alden, MN - 7 Tricks to Save Money
Have you had enough of not being able to afford each month for car insurance? You are no different than the majority of other car owners in Minnesota. Lots of contend to insure your vehicles, so it's not easy to compare every to get the lowest price
If you have a current car insurance policy or need new coverage, you will benefit by learning to shop for the lowest rates and still get good coverage. Finding affordable coverage in Alden is not that difficult. Minnesota consumers only need to know the most effective way to compare company rates over the internet.
Cheap Alden Car Insurance Comparisons
There are several ways you can shop for car insurance and some are less time-consuming than others. You can spend your afternoon talking about coverages with insurance agencies in Alden, or you can stay home and use online quoting to accomplish the same thing much quicker.
Most of the larger companies are enrolled in a marketplace that allows shoppers to complete one form, and every company provides a quote. This eliminates the need for quote requests to each individual car insurance company.
To submit your quote information now, click here to open in new window.
The one disadvantage to using this type of form is you are unable to specify which providers to get quotes from. So if you prefer to pick specific insurance companies to compare rates, we put together a list of the cheapest car insurance companies in Minnesota. Click to view list.
It doesn't matter which method you choose, just ensure you're using the exact same information with each company. If you compare higher or lower deductibles it will be very difficult to make an equal comparison in Alden.
Be sure to get all your discounts
Auto insurance companies do not list every discount in an easy-to-find place, so the following is a list of some of the more common and the harder-to-find car insurance savings. If they aren't giving you every credit available, you are paying more than you should be.
- Student Driver Training - Cut your cost by having your teen driver successfully complete driver's ed class if it's offered in school.
- Employee of Federal Government - Employees or retirees of the government may qualify you for a discount with a few car insurance companies.
- Discount for Life Insurance - Companies who offer life insurance give lower rates if you buy auto and life insurance together.
- Multiple Vehicles - Buying insurance for multiple vehicles with the same company qualifies for this discount.
- Theft Prevention System - Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.
- Payment Method - If you pay your bill all at once instead of making monthly payments you could save 5% or more.
- Organization Discounts - Belonging to certain professional organizations could qualify you for a break when shopping for car insurance.
A little note about advertised discounts, most credits do not apply to the entire cost. Most cut the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, you won't be that lucky.
To choose insurance companies who offer car insurance discounts in Alden, follow this link.
Is there truth in advertising?
Consumers can't ignore all the ads for the lowest price auto insurance from companies such as State Farm, Allstate and GEICO. They all say the same thing about savings after switching your policy.
How do they all make the same claim? This is how they do it.
All the different companies can use profiling for the right customer that makes them money. A good example of a driver they prefer could be a mature driver, is a homeowner, and has great credit. Any new insured who fits that profile gets the lowest rates and is almost guaranteed to cut their rates substantially.
Potential insureds who don't measure up to the "perfect" profile will be quoted more money which usually ends up with business going elsewhere. The ads say "drivers who switch" but not "drivers who get quotes" save that kind of money. That's why companies can truthfully advertise the savings. This emphasizes why you need to quote coverage with many companies. It's just too difficult to predict the company that will fit your personal profile best.
Even more information can be read at the Minnesota Department of Commerce website. Consumers can download brochures, file complaints about an insurance agent or broker, read consumer alerts, and view a list of available companies.
And the best car insurance company is...
When you buy insurance online, never reduce coverage to reduce premium. There have been many situations where an accident victim reduced collision coverage and discovered at claim time that the few dollars in savings costed them thousands. The proper strategy is to purchase plenty of coverage for the lowest price while still protecting your assets.
The cheapest car insurance can be purchased from both online companies in addition to many Alden insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not provide online price quotes and these small insurance companies work with independent agents.
