Free Guide to Cutting Costs on Excelsior Auto Insurance Online

I can't think of anyone who looks forward to paying for auto insurance, especially knowing the cost is way too high. Big companies like State Farm, Allstate, GEICO and Progressive all claim big savings with advertising and consumers find it hard to sift through the bull and effectively compare rates to find the best deal.

If you have a current auto insurance policy or need a new policy, you can learn to find better prices while maximizing coverage. Finding the best rates in Excelsior is not that difficult. Minnesota consumers only need to know the proper way to buy auto insurance over the internet.

Are you getting all your discounts?

Insurance can cost an arm and a leg, but there could be available discounts to reduce the price significantly. Some trigger automatically when you quote, but a few need to be requested specifically before you get the savings. If you aren't receiving every discount you qualify for, you are throwing money away.

  • Homeowners Savings - Owning a home in Excelsior can save you money due to the fact that maintaining a home is proof that your finances are in order.
  • Good Student - Performing well in school can get you a discount of up to 25%. This discount can apply well after school through age 25.
  • New Vehicle Savings - Buying coverage on a new vehicle is cheaper since new cars are generally safer.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to enroll in driver's education if it's offered in school.
  • Payment Method - By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Life Insurance Discount - Companies who offer life insurance give better rates if you take out a life insurance policy as well.
  • Senior Discount - If you qualify as a senior citizen, you may be able to get better auto insurance rates.

A little note about advertised discounts, some of the credits will not apply to the entire policy premium. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like it's possible to get free car insurance, you won't be that lucky. Any amount of discount will reduce the cost of coverage.

Tailor your coverage to you

When it comes to buying the right insurance coverage for your vehicles, there really is not a one size fits all plan. Every insured's situation is different and your policy should reflect that. For instance, these questions may help highlight whether you would benefit from an agent's advice.

  • When do I need to add a new car to my policy?
  • Should I buy only the required Minnesota minimum liability coverage?
  • Who is covered when they drive my vehicle?
  • Is my cargo covered for damage or theft?
  • Are my tools covered if they get stolen from my vehicle?
  • When does my teenage driver need to be added to my policy?

If you can't answer these questions, then you may want to think about talking to a licensed insurance agent. If you don't have a local agent, fill out this quick form or go to this page to view a list of companies. It's fast, doesn't cost anything and may give you better protection.

How can Allstate, GEICO and Progressive save drivers who switch?

Minnesota drivers get pounded daily by advertisements for cheaper car insurance by Allstate, GEICO and Progressive. All the companies have a common claim about savings after switching to their company.

How can each company say the same thing? This is how they do it.

All companies have a certain "appetite" for the driver that earns them a profit. For example, a profitable customer might be profiled as between 25 and 40, a clean driving record, and has a high credit rating. A propective insured that hits that "sweet spot" gets the lowest rates and as a result will probably save when they switch companies.

Drivers who are not a match for the requirements must pay a higher premium and this can result in business not being written. The ads say "drivers who switch" not "everybody who quotes" save that much. That is how companies can truthfully state the savings.

This illustrates why you should compare many company's rates. It's not possible to predict which company will have the lowest rates.

Additional information can be found on the website for the Minnesota Department of Commerce. Click here for link. Minnesota drivers can report car insurance fraud, file complaints about a company, file complaints about an insurance agent or broker, and download brochures.

Minnesota auto insurance

A tidy conclusion

The cheapest auto insurance can be purchased on the web and also from your neighborhood Excelsior agents, so you should compare both to have the best selection. Some insurance companies may not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

In this article, we covered a lot of techniques to reduce auto insurance prices online. The most important thing to understand is the more rate comparisons you have, the better chance you'll have of finding lower rates. Consumers may even find the most savings is with a lesser-known regional company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as .

As you restructure your insurance plan, it's not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, someone dropped physical damage coverage only to regret at claim time that they should have had better coverage. Your focus should be to purchase plenty of coverage for the lowest price while not skimping on critical coverages.