Free Guide to Saving Money on Dayton Auto Insurance Online

Paying for high-priced auto insurance can take a big chunk out of your bank account and put a big crunch on your finances. Comparison shopping is a smart way to lower your monthly bill. Drivers have multiple to pick from, and even though it's nice to have multiple companies, it can be more challenging to compare rates.

Save big with these discounts

Car insurance companies don't list every discount very clearly, so the following is a list of some of the best known and also the lesser-known auto insurance savings. If you're not getting every credit you deserve, you are throwing money away.

Payment Method - If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase life insurance.
Accident Waiver - Certain companies allow you one accident before your rates go up if your claims history is clear for a set time period.
New Vehicle Savings - Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
Government Employees - Active or retired federal employment could cut as much as 10% off with a few auto insurance companies.
Passive Restraints - Cars that have air bags or automatic seat belts may earn rate discounts of 20% or more.

A little note about advertised discounts, most credits do not apply to your bottom line cost. Most only reduce specific coverage prices like liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, you won't be that lucky.

But I don't know anything about car insurance

When it comes to buying coverage for your personal vehicles, there isn't really a single plan that fits everyone. Every situation is different and a cookie cutter policy won't apply. These are some specific questions can help discover if your situation would benefit from professional advice.

Are my tools covered if they get stolen from my vehicle?
What are the financial responsibility laws in Minnesota?
I have good health insurance, so how much medical payments coverage do I need?
Can I still get insurance after a DUI?
Why am I required to get a high-risk car insurance policy?
Should I file a claim if it's only slightly more than my deductible?
Should I drop comprehensive coverage on older vehicles?

If you don't know the answers to these questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It's fast, doesn't cost anything and you can get the answers you need.

Auto insurance ads bend the truth

Minnesota drivers get pounded daily by advertisements for car insurance savings by State Farm, Allstate and GEICO. They all say the same thing about savings after switching to their company.

How does each company say the same thing? It's all in the numbers.

Insurance companies have a preferred profile for the driver that earns them a profit. A good example of a driver they prefer might be profiled as a mature driver, has no prior claims, and drives less than 7,500 miles a year. A propective insured who fits that profile will get the preferred rates and most likely will save when switching.

Consumers who fall outside these standards will be quoted higher rates which usually ends up with business not being written. The ads state "customers who switch" not "people who quote" save that much. This is how companies can truthfully advertise the way they do. This emphasizes why you should get as many comparisons as possible. It's not possible to predict which insurance companies will provide you with the cheapest rates.

Learn more about auto insurance in Minnesota

Even more information can be read at the Minnesota Department of Commerce website. Minnesota drivers can view a list of available companies, file complaints about an insurance agent or broker, get help finding coverage, and read industry bulletins.

Also read more on this page for auto insurance prices in Minnesota and this list of insurance agents in Dayton, MN.

In the end, you save

When shopping online for auto insurance, make sure you don't buy lower coverage limits just to save a few bucks. There have been many situations where consumers will sacrifice collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The proper strategy is to get the best coverage possible at the best price while still protecting your assets.

Cheaper auto insurance can be sourced on the web and also from your neighborhood Dayton agents, and you need to price shop both to get a complete price analysis. Some auto insurance companies may not provide you the ability to get quotes online and these small insurance companies work with independent agents.