Free Guide to Spending Less for Hayfield Auto Insurance Online

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me when I say many consumers are feeling buyer's remorse and feel like there's no way out. Having so many online and local companies to choose from, it can be impossible to find the best provider.

It's important to compare prices at least once a year because prices are constantly changing. Even if you got the best deal a year ago you can probably find a better price now. Starting now, block out anything you think you know about auto insurance because you're going to get a crash course in the proper way to find lower rates on auto insurance.

Choosing the best insurance company for you in Hayfield is quite easy. If you currently have car insurance, you stand a good chance to be able to save some money using these techniques. Minnesota drivers only need an understanding of how to find the lowest price online.

How to Lower your Auto Insurance Rates

Consumers need to have an understanding of some of the elements that go into determining the rates you pay for auto insurance. When you know what positively or negatively determines base rates empowers consumers to make smart changes that can help you get better auto insurance rates.

Listed below are some of the factors used by your company to calculate your rates.

Cautious drivers pay less - Your driving record has a big impact on rates. Drivers who don't get tickets receive lower rates than bad drivers. Just one citation can bump up the cost forty percent or more. Drivers who get serious violations such as DUI or reckless driving may be required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to continue driving.
Extra add-on coverages are wasting money - There are many extra coverages you can purchase when buying auto insurance. Things like personal injury protection, better glass coverage and additional equipment coverage are examples of these. They may seem good at first, but now you might not need them so remove them from your policy.
Do you know you're credit rating? - Your credit score is a large factor in calculating your auto insurance rates. Therefore, if your credit score is lower than you'd like, you could save money insuring your by improving your rating. People with excellent credit tend to be more responsible than drivers with poor credit.
How many coverages with the same company - Most companies give discounts to insureds who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, you may still want to comparison shop to verify if the discount is saving money. You may still be able to find a better deal by buying auto insurance from a different company.
Marriage pays dividends - Being married can actually save you money when buying auto insurance. Marriage translates into being more mature and responsible and it's statistically proven that being married results in fewer claims.
Adjust deductibles and save - Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your car from damage. A few examples of covered claims would be colliding with a building, collision with an animal, and burglary. Your deductibles are the amount of money you are willing to pay in the event of a claim. The more money you have to pay, the less your auto insurance will be.
More miles equals more premium - The more miles you rack up on your car in a year the higher your rates will be. Almost all companies charge to insure your cars determined by how the vehicle is used. Vehicles that are left in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Verify your auto insurance policy properly reflects how each vehicle is driven, because it can save money.

Don't pay full price with these discounts

Companies offering auto insurance do not advertise every available discount very well, so here is a list both the well known and the more hidden auto insurance savings. If you don't get every credit possible, you are paying more than you should be.

Air Bag Discount - Vehicles with factory air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
Defensive Driver - Taking a defensive driving course could possibly earn you a 5% discount if your company offers it.
Anti-lock Brake Discount - Vehicles equipped with ABS or steering control are safer to drive and qualify for as much as a 10% discount.
Anti-theft System - Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
E-sign - Some insurance companies may give you up to $50 simply for signing online.
Multi-car Discount - Having more than one vehicle with the same company could earn a price break for each car.
Save with a New Car - Putting insurance coverage on a new car can cost up to 25% less compared to insuring an older model.
Claim Free - Drivers with accident-free driving histories can earn big discounts compared to accident-prone drivers.

Consumers should know that most of the big mark downs will not be given the the whole policy. Most only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates you would end up receiving a 100% discount, companies don't profit that way.

To choose providers offering auto insurance discounts in Minnesota, follow this link.

The auto insurance bait and switch

Consumers in Minnesota can't ignore all the ads that promise big savings from the likes of State Farm and Allstate. All the ads say the same thing of big savings if you switch your coverage to them.

But how can every company claim to save you money?

Different companies are able to cherry pick for the type of customer that makes them money. An example of a preferred risk might be over the age of 40, has no tickets, and has excellent credit. A customer getting a price quote who fits that profile will get the preferred rates and therefore will save a lot of money.

Potential customers who don't measure up to this ideal profile will be charged higher prices which usually ends up with the customer not buying. The ads state "people who switch" not "everyone that quotes" save that much money. That's the way insurance companies can confidently make those claims. That is why you should get a wide range of price quotes. It's impossible to know which auto insurance company will have the lowest rates.

More tips and info about auto insurance is available at the Minnesota Department of Commerce website. Visitors are able to file complaints about a company, discover disciplinary actions, find out industry alerts, and read consumer alerts.

Other informative sites include NAIC.org's Understanding your Policy and this directory of Hayfield insurance agents.

And the best car insurance company is...

We covered many ways to save on auto insurance. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. You may even discover the lowest premiums are with a company that doesn't do a lot of advertising. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as .

Cost effective auto insurance can be found both online as well as from independent agents in Hayfield, and you need to comparison shop both so you have a total pricing picture. Some companies don't offer online price quotes and many times these smaller companies only sell through independent insurance agents.

While you're price shopping online, do not buy poor coverage just to save money. There have been many cases where an insured dropped liability limits or collision coverage only to find out they didn't purchase enough coverage. Your goal should be to get the best coverage possible at an affordable rate, not the least amount of coverage.