9 Shopping Tips Shown to Slash the Cost of Car Insurance Costs in Deerwood

I can't think of anyone who cherishes buying car insurance, especially when their premiums are too high. You have so many to buy insurance from, and although it's a good thing to be able to choose, lots of choices makes it harder to compare rates.

It's important to shop coverage around occasionally since rates are constantly changing. If you had the lowest price a year ago you can probably find a better price now. Block out anything you think you know about car insurance because we're going to demonstrate the fastest and easiest way to buy cheaper car insurance.

Be sure to get all your discounts

Companies that sell car insurance don't always publicize all their discounts very clearly, so we researched some of the more common and the harder-to-find car insurance savings. If you're not getting every credit you qualify for, you are paying more than you should be.

College Student - Children who are attending college without a vehicle on campus can receive lower rates.
Bundle and Save - If you insure your home and vehicles with one company you may earn 10% to 20% off each policy.
Claim Free - Good drivers with no accidents pay much less as compared to accident-prone drivers.
Accident Forgiveness - Certain companies will allow you to have one accident before hitting you with a surcharge as long as you don't have any claims for a certain period of time.
Anti-theft System - Anti-theft and alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
Defensive Driving Course - Taking a driver safety course can save you 5% or more if your company offers it.
New Car Discount - Insuring a new car can cost up to 25% less compared to insuring an older model.
Drivers Education - Cut your cost by having your teen driver complete a driver education course in high school.
Lower Rates for Military - Having a deployed family member can result in better rates.

Keep in mind that most credits do not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you would end up receiving a 100% discount, it just doesn't work that way.

To choose companies with the best car insurance discounts in Minnesota, follow this link.

Is there truth in advertising?

Consumers can't ignore all the ads for cheaper car insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to say the same thing that you can save if you move your coverage to them.

How does each company make the same claim? This is how they do it.

Different companies have a certain "appetite" for the type of customer that makes them money. For instance, a desirable insured could be between 25 and 40, owns a home, and has excellent credit. Any new insured who fits that profile is entitled to the best price and is almost guaranteed to save when switching.

Potential customers who don't measure up to these standards will have to pay a more expensive rate which usually ends up with business going elsewhere. The ads state "drivers who switch" but not "drivers who get quotes" save that much money. That is how insurance companies can make those claims. Because of the profiling, you should get quotes from several different companies. It's just too difficult to predict which company will have the lowest rates.

How do I know if I need professional advice?

When buying the best car insurance coverage for your vehicles, there isn't really a "perfect" insurance plan. Every insured's situation is different and a cookie cutter policy won't apply. For example, these questions might point out whether or not you would benefit from an agent's advice.

What are Minnesota no-fault laws?
Am I covered when driving in Canada or Mexico?
Will I be non-renewed for getting a DUI or other conviction?
Does my policy cover me when driving someone else's vehicle?
Does my personal auto insurance policy cover using my vehicle for business use?
Should I rate my vehicle as pleasure use or commute?
Who is covered when they drive my vehicle?

If you don't know the answers to these questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Additional detailed information is located at the Minnesota Department of Commerce website. Consumers can read enforcement actions against agents and companies, read consumer alerts, read industry bulletins, and learn about insurance regulations.

And the best car insurance company is...

While you're price shopping online, never buy poor coverage just to save money. There are many occasions where an insured cut liability coverage limits only to discover later they didn't purchase enough coverage. Your aim should be to buy a smart amount of coverage for the lowest price.

Affordable car insurance is definitely available from both online companies as well as from independent agents in Deerwood, so you should compare both to have the best rate selection. Some companies don't offer online price quotes and most of the time these small, regional companies sell through independent agents.