Free Guide to Paying Less for Fairmont Auto Insurance Online

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me, there are a lot of people in Fairmont just like you who feel imprisoned by their auto insurance policy. With so many insurance companies to choose from, it is very difficult to find the right provider.

It's important to shop coverage around every six months since insurance rates are constantly changing. Just because you had the lowest rates a year ago there is a good chance you can find better rates now. Starting now, block out anything you think you know about auto insurance because it's time to teach you the tricks you need to know to find better rates and still maintain coverage.

Tips to Get Lower Fairmont Rates

Consumers need to have an understanding of the factors that go into determining auto insurance rates. When you know what positively or negatively influences your rates empowers consumers to make smart changes that may reward you with better auto insurance rates.

Listed below are a few of the "ingredients" used by your company to calculate rates.

  • Having a spouse can save you money - Having a spouse can actually save you money on auto insurance. It translates into being more mature it has been statistically shown that being married results in fewer claims.
  • Do you know your deductibles? - Physical damage coverage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. A few examples of covered claims are running into the backend of another car, collision with an animal, or theft. The deductibles are how much you are willing to pay in the event of a claim. The higher the amount you have to pay, the less your auto insurance will be.
  • Traffic citations inflate rates - Your driving citation history has a big impact on rates. Just one moving violation can bump up the cost twenty percent or more. Drivers who don't get tickets tend to pay less for car insurance than bad drivers. Drivers who have serious citations like DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to continue driving.
  • How many coverages with the same company - Most insurance companies will give a discount to people who have multiple policies with them, otherwise known as a multi-policy discount. Even with this discount, it's in your best interest to comparison shop to verify if the discount is saving money. You may still be able to find a better deal by splitting coverages up.
  • Theft deterrents lower rates - Choosing a vehicle with anti-theft technology or alarm system can help lower your rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can thwart auto theft.
  • Don't get talked into coverage you don't need - There are many extra coverages that you can buy if you aren't careful. Things like vanishing deductibles, towing coverage and additional equipment coverage are some examples. These coverages may sound good when talking to your agent, but now you might not need them so remove them from your policy.

Compare Quotes for Fairmont Auto Insurance

There are several ways to compare auto insurance prices and some are less labor-intensive and much quicker. You can spend your afternoon talking to agents in Fairmont, or you can stay home and use the internet to get the quickest rates.

Most of the larger companies are enrolled in a marketplace that allows shoppers to send in one quote, and each participating company then gives them pricing based on that data. This prevents consumers from doing form submissions for each company you want a rate for. To submit your quote information now, click here to open in new window.

The only drawback to doing it this way is that you can't choose which providers you want pricing from. If you prefer to choose individual companies for rate comparison, we have assembled a list of the cheapest auto insurance companies in Minnesota. Click here for list of insurance companies in Minnesota.

Whichever method you choose, ensure you are comparing apples-to-apples coverages and limits for each price quote. If you have different deductibles you will not be able to truly determine the lowest rate in Fairmont.

How much can you save with discounts?

Insuring your vehicles can cost a lot, buy you may qualify for discounts that you may not even be aware of. Most are applied when you get a quote, but lesser-known reductions have to be specifically requested before you will receive the discount. If you don't get every credit possible, you are paying more than you should be.

  • Sign Online - Some insurance companies give back up to $50 just for signing your application online.
  • Homeowners Discount - Owning a house in Fairmont can save you money because owning a home is proof that your finances are in order.
  • Early Signing - Select companies give a discount for signing up prior to your current policy expiration. This can save 10% or more.
  • Anti-theft System - Vehicles with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Driver's Ed - Cut your cost by having your teen driver complete a driver education course in school.

It's important to note that some credits don't apply to all coverage premiums. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because you may think you would end up receiving a 100% discount, you're out of luck. But any discount will help reduce the amount you have to pay.

To choose companies offering auto insurance discounts in Minnesota, click here.

Save 15 percent in 15 minutes? Is it for real?

Minnesota drivers can't ignore all the ads that promise big savings from the likes of State Farm, GEICO and Progressive. They all seem to have a common claim that you can save if you switch your coverage to them.

But how can every company say the same thing? This is how they do it.

Different companies are able to cherry pick for the type of customer that makes them money. For example, a desirable insured might be profiled as over the age of 40, has no driving citations, and has excellent credit. A propective insured that hits that "sweet spot" will get very good rates and is almost guaranteed to save a lot of money.

Drivers who don't meet this ideal profile will have to pay higher premiums and this can result in business not being written. The ads say "drivers who switch" but not "drivers who get quotes" save that much money. That's the way insurance companies can make those claims.

Because of the profiling, you need to get quotes from several different companies. It's not possible to predict which auto insurance company will have the lowest rates.

More information can be found on the website for the Minnesota Department of Commerce. Click here for link. Minnesota drivers can get help finding coverage, report car insurance fraud, file complaints about a company, and read consumer alerts.

Other informative sites include this site for Minnesota auto insurance information and see this list of insurance agents in Fairmont.

Best coverage at the best price

Lower-priced auto insurance is available on the web as well as from independent agents in Fairmont, and you need to comparison shop both to have the best chance of lowering rates. Some companies don't offer online price quotes and most of the time these regional insurance providers sell through independent agents.

In this article, we covered a lot of ways to compare auto insurance prices online. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. Consumers could even find that the lowest premiums are with a lesser-known regional company. These smaller insurers often have lower prices on specific markets compared to the large companies like .