Buy Cheap Lakeland Car Insurance
Overpriced car insurance can take a big chunk out of your savings account and put the squeeze on your family's finances. Shopping your coverage around is a smart way to cut your insurance bill.
You have multiple to pick from, and even though it's nice to have multiple companies, having more makes it harder to compare rates.
It's important to do rate comparisons on a regular basis due to the fact that insurance rates are constantly changing. Just because you found the lowest rates on your last policy you will most likely find a better rate today. Starting now, ignore everything you know about car insurance because I'm going to teach you the tricks you need to know to remove unneeded coverages and save money.
Be sure to get all your discounts
The cost of insuring your cars can be expensive, but you may find discounts that you may not know about. Some discounts apply automatically when you purchase, but lesser-known reductions have to be inquired about before being credited.
- College Student - Children who attend school more than 100 miles from home and don't have a car can receive lower rates.
- Sign Online - A few companies may give you up to $50 just for signing your application over the internet.
- Multiple Cars - Buying insurance for all your vehicles on one policy can get a discount on all vehicles.
- Discount for Life Insurance - Some companies give a discount if you purchase life insurance.
- Theft Prevention Discount - Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
Keep in mind that most credits do not apply to all coverage premiums. Most only apply to specific coverage prices like liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, it just doesn't work that way. But any discount will bring down the amount you have to pay.
Is there truth in advertising?
Car insurance companies such as Progressive, GEICO, Allstate and State Farm consistently run television and radio advertisements. They all seem to say the same thing that you can save if you change to them. How does each company claim to save you money? It's all in the numbers.
Insurance companies have a preferred profile for the type of driver that earns them a profit. For example, a desirable insured might be over the age of 50, insures multiple vehicles, and has great credit. Any driver who fits that profile is entitled to the best price and is almost guaranteed to save when switching.
Consumers who don't measure up to these standards will have to pay higher prices which usually ends up with the customer not buying. The ads state "customers who switch" but not "drivers who get quotes" save money. This is how insurance companies can advertise the savings.
Because of the profiling, you should quote coverage with many companies. You cannot predict which insurance companies will fit your personal profile best.
For more Minnesota car insurance information
More information can be found on the website for the Minnesota Department of Commerce found here. Visitors are able to read enforcement actions against agents and companies, get help finding coverage, report car insurance fraud, and view agent and company licensing information.
Also read more on this Car Insurance FAQ and this page of insurance agents in Lakeland.
Affordable insurance is out there
When you buy insurance online, make sure you don't buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced uninsured motorist or liability limits only to regret that the few dollars in savings costed them thousands. Your aim should be to buy a smart amount of coverage at the best price.
Affordable car insurance can be sourced both online and with local Lakeland insurance agents, and you should be comparing both in order to have the best price selection to choose from. There are still a few companies who do not offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
