Comparing Low-Cost Hendricks Auto Insurance

Have you had enough of being strong-armed each month for car insurance? You're in the same situation as many other Minnesota consumers. With consumers having so many companies to choose from, it's nearly impossible to locate the cheapest company.

It's important to shop coverage around once or twice a year since insurance rates are constantly changing. Despite the fact that you may have had the best rates a couple years back you will most likely find a better rate today. There is a lot of wrong information about auto insurance on the internet, so I'm going to show you some great ways to put money back in your pocket.

Take advantage of discounts

The cost of insuring your cars can be expensive, buy you may qualify for discounts to cut the cost considerably. Certain discounts will be applied when you quote, but some may not be applied and must be asked about before you get the savings. If you don't get every credit available, you are throwing money away.

Senior Discount - If you qualify as a senior citizen, you may be able to get a small decrease in premiums.
Payment Method - By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
New Vehicle Savings - Insuring a new car is cheaper compared to insuring an older model.
Passive Restraints and Air Bags - Factory air bags can receive discounts up to 30%.
Driver's Ed - Make teen driver coverage more affordable by requiring them to complete a driver education course if it's offered in school.

Keep in mind that some of the credits will not apply to the entire cost. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates you would end up receiving a 100% discount, it just doesn't work that way. But any discount will help reduce your overall premium however.

Are auto insurance companies telling the truth?

Minnesota drivers get pounded daily by advertisements for the lowest price auto insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim that you can save after switching your coverage to them.

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

Different companies can use profiling for the type of customer that earns them a profit. A good example of a desirable insured might be profiled as between the ages of 30 and 50, has no tickets, and drives less than 10,000 miles a year. A propective insured that hits that "sweet spot" receives the best rates and most likely will save a lot of money.

Drivers who don't qualify for this ideal profile will have to pay a higher premium and this can result in business not being written. Company advertisements say "drivers who switch" not "people who quote" save that much money. That's why insurance companies can advertise the way they do.

Because of the profiling, you should compare as many rates as you can. It's not possible to predict the company that will provide you with the cheapest rates.

More information can be read on the website for the Minnesota Department of Commerce. Click here for link. Minnesota drivers can learn about insurance regulations, view a list of available companies, read enforcement actions against agents and companies, and find out industry alerts.

Also read more on this Car Insurance FAQ and this page of insurance agents in Hendricks.

Best coverage at the best price

As you go through the steps to switch your coverage, don't be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where an insured dropped collision coverage and discovered at claim time that the savings was not a smart move. Your aim should be to buy enough coverage for the lowest price.

In this article, we covered a lot of techniques to reduce auto insurance prices online. The most important thing to understand is the more times you quote, the more likely it is that you will get a better rate. Drivers may discover the lowest rates come from a lesser-known regional company. Regional companies can often insure niche markets at a lower cost than their larger competitors like .