How to Know You're Spending Too Much for Car Insurance in Jeffers

Having to pay for overpriced car insurance can dwindle your personal savings and make it impossible to make ends meet. Comparing price quotes is a smart way to tighten up your finances. You have so many to buy insurance from, and although it's a good thing to have a selection, lots of choices makes it harder to compare rates.

Buying car insurance in Jeffers is quite easy. If you are paying for car insurance now, you stand a good chance to be able to cut costs considerably using these methods. Minnesota drivers only need an understanding of how to get comparison quotes over the internet.

Take advantage of discounts

Companies don't always advertise all available discounts very clearly, so we researched some of the more common as well as the least known car insurance savings. If you're not getting every credit you deserve, you're paying more than you need to.

Multiple Vehicles - Insuring multiple vehicles on the same car insurance policy may reduce the rate for each vehicle.
Discount for Life Insurance - Larger companies have a discount if you purchase auto and life insurance together.
New Car Discount - Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.
Payment Method - If you pay your bill all at once instead of paying each month you could save 5% or more.
55 and Retired - Mature drivers may be able to get a discount up to 10%.
Accident Waiver - Certain companies will forgive one accident before raising your premiums so long as you haven't had any claims for a particular time prior to the accident.
Driver Safety - Taking part in a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
No Claims - Drivers who don't have accidents pay much less when compared with bad drivers.

Consumers should know that most credits do not apply to your bottom line cost. Most cut individual premiums such as physical damage coverage or medical payments. So when the math indicates having all the discounts means you get insurance for free, companies don't profit that way.

To see a list of insurers who offer car insurance discounts in Minnesota, follow this link.

How to Get Cheap Car Insurance in Jeffers, MN

Finding cheaper car insurance prices can be surprisingly simple. Just spend a little time to get quotes online with multiple companies. This can be done in several different ways.

The best way consumers can make multiple comparisons is to use a rate comparison form (click to open form in new window). This method saves time by eliminating repetitive form submissions to each individual car insurance company. A single, simple form gets rate comparisons from multiple companies.
Another way to compare rate quotes is spending the time to visit each individual company website to complete a price quote. For example, we'll assume you want comparison quotes from , and . To find out each rate you need to visit each site and enter your policy data, which is why the first method is more popular.

To view a list of companies in Jeffers, click here.

Which method you use is up to you, but make sure you use identical information for every company. If you compare higher or lower deductibles it's impossible to decipher which rate is best in Jeffers.

Learn How to Buy Car Insurance Cheaper

An important part of buying insurance is that you know some of the elements that help determine your car insurance rates. Knowing what determines base rates helps enable you to make changes that could result in big savings.

The following are a partial list of the pieces that factor into premiums.

Higher deductibles cost less - Your deductibles represent how much money you are required to spend if you file a covered claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some examples of claims that would be covered are colliding with a building, damage caused by hail, and windstorm damage. The more the insured has to pay upfront, the bigger discount you will receive.
Where you live is a factor - Residing in less populated areas is a positive aspect when it comes to car insurance. City drivers have more traffic problems and a longer drive to work. Less people living in that area means reduced accidents as well as less vandalism and auto theft.
Mature drivers pay less - Young drivers in Minnesota are known to get distracted easily when driving so they pay higher car insurance rates. Parents adding a teen driver onto your car insurance can be quite pricey. More mature drivers are more responsible, file fewer claims and receive fewer citations.
Lower rates with optional equipment - Purchasing a vehicle with an alarm system can get you a discount on your car insurance. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.
Do men or women drive better? - Statistics have proven that women are safer drivers than men. However, this does not mean men are WORSE drivers than women. They both tend to get into accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to get cited for more serious violations such as reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore have the most expensive car insurance rates.

How to know if you need help

When choosing the best car insurance coverage for your personal vehicles, there isn't really a best way to insure your cars. Everyone's situation is a little different and a cookie cutter policy won't apply. These are some specific questions can help discover whether your personal situation could use an agent's help.

Am I covered when driving on a suspended license?
When does my teenage driver need to be added to my policy?
Should I file a claim if it's only slightly more than my deductible?
What can I do if my company won't pay a claim?
Should I buy additional glass protection?
I have good health insurance, so how much medical payments coverage do I need?
Should I rate my vehicle as pleasure use or commute?

If you don't know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. If you don't have a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Are car insurance companies telling the truth?

Consumers can't get away from ads for car insurance savings from companies such as Allstate, GEICO and Progressive. All the companies say the same thing of big savings after switching your policy.

How does each company make the same claim?

All the different companies have a preferred profile for the right customer that is profitable for them. For instance, a profitable customer could be over the age of 40, has no prior claims, and has excellent credit. A customer who fits that profile gets the lowest rates and most likely will save when switching.

Potential insureds who don't qualify for these standards must pay more money which usually ends up with business going elsewhere. The ads say "customers that switch" not "people who quote" save that kind of money. This is how insurance companies can confidently make those claims. This illustrates why drivers must compare many company's rates. Because you never know which insurance companies will have the lowest rates.

A tidy conclusion

Cost effective car insurance can be purchased from both online companies in addition to many Jeffers insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some companies do not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

While you're price shopping online, it's very important that you do not reduce coverage to reduce premium. In too many instances, consumers will sacrifice collision coverage and learned later they didn't purchase enough coverage. Your focus should be to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.

We just showed you a lot of information how to compare car insurance prices online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the lowest premiums are with some of the lesser-known companies. These smaller insurers may often insure only within specific states and give getter rates than their larger competitors like .

Learn more about car insurance in Minnesota

More tips and info about car insurance is located at the Minnesota Department of Commerce website. Consumers can report car insurance fraud, view agent and company licensing information, read enforcement actions against agents and companies, and view a list of available companies.