Proven Ways to Save on Greenwald Auto Insurance

Paying for high-priced auto insurance can take a big chunk out of your personal savings and put the squeeze on your family's finances. Comparison shopping is a great way to make sure you're not throwing money away. You have so many to buy insurance from, and although it's a good thing to have multiple companies, lots of choices makes it harder to compare rates.

It's important to shop coverage around quite often since insurance rates are constantly changing. Just because you found the lowest rates two years ago you will most likely find a better rate today. Starting now, ignore everything 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.

These discounts can lower your rates

Car insurance can cost a lot, buy you may qualify for discounts that you may not know about. A few discounts will automatically apply when you complete an application, but lesser-known reductions have to be specially asked for before they will apply. If you're not getting every credit you deserve, you are throwing money away.

  • Good Student Discount - Performing well in school can save 20 to 25%. This discount can apply up until you turn 25.
  • Senior Discount - If you qualify as a senior citizen, you may receive a small decrease in premiums.
  • Multiple Cars - Buying coverage for all your vehicles on one policy could earn a price break for each car.
  • Own a Home - Being a homeowner can save you money because maintaining a house is proof that your finances are in order.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to take driver's ed class if offered at their school.
  • Safety Course Discount - Taking a course teaching defensive driving skills could cut 5% off your bill if you qualify.

A little note about advertised discounts, some credits don't apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as medical payments or collision. So even though they make it sound like you could get a free auto insurance policy, you won't be that lucky. Any amount of discount will bring down the cost of coverage.

Minnesota auto insurance

Different people need different coverages

When it comes to buying adequate coverage for your personal vehicles, there isn't really a one size fits all plan. Everyone's needs are different and your policy should reflect that. For instance, these questions may help you determine whether you might need professional guidance.

  • Do I need to file an SR-22 for a DUI in Minnesota?
  • Am I covered by my employer's commercial auto policy when driving my personal car for business?
  • Am I covered if I wreck a rental car?
  • Does my policy cover my teen driver if they drive my company car?
  • Is rental equipment covered for theft or damage?
  • Should I rate my vehicle as pleasure use or commute?
  • What are the financial responsibility laws in Minnesota?
  • Do I have any recourse if my insurance company denies a claim?

If you can't answer these questions, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It's fast, doesn't cost anything and can provide invaluable advice.

Are you falling for claims of savings?

Minnesota drivers get pounded daily by advertisements for car insurance savings from the likes of State Farm and Allstate. All the ads have a common claim about savings if you change your coverage to them.

How does each company say the same thing?

Different companies have a preferred profile for the type of customer that earns them a profit. For example, a preferred risk might be profiled as between 30 and 50, insures multiple vehicles, and chooses high deductibles. A propective insured that hits that "sweet spot" receives the best rates and as a result will probably save when switching.

Consumers who are not a match for these standards will be charged higher rates and this can result in business not being written. Company advertisements say "people who switch" not "everybody who quotes" save that much money. This is how companies can truthfully state the savings.

That is why you should get a wide range of price quotes. It's not possible to predict which insurance companies will give you the biggest savings.

Additional information can be found on the website for the Minnesota Department of Commerce through this link. Minnesota drivers can file complaints about a company, read enforcement actions against agents and companies, find out which companies have the most complaints, and get help finding coverage.

Greenwald auto insurance comparison

And the best car insurance company is...

In this article, we covered a lot of ways to reduce auto insurance prices online. It's most important to understand that the more you quote, the better chance you'll have of finding lower rates. Consumers may even find the best prices are with an unexpected company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as .

When buying insurance coverage, never buy lower coverage limits just to save a few bucks. There have been many cases where drivers have reduced uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your goal should be to buy enough coverage at an affordable rate, not the least amount of coverage.

Cheaper auto insurance can be sourced on the web as well as from independent agents in Greenwald, so compare prices from both to get a complete price analysis. Some insurance companies don't offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.