9 Top Tricks to Reduce Car Insurance Costs in Le Center, MN

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us when we tell you you're not alone. Big companies like State Farm, Allstate, GEICO and Progressive continually hit you with fancy advertisements and it is difficult to sift through the bull and do the work needed to find the best deal.

If you have a policy now or need new coverage, you can learn to find the best rates while maintaining coverages. Finding affordable coverage in Le Center is not that difficult. Minnesota consumers only need to know the most effective way to compare prices on the web.

How much can you save with these nine discounts?

Companies that sell car insurance do not advertise all available discounts in a way that's easy to find, so we took the time to find both the well known and also the lesser-known discounts you could be receiving. If you aren't receiving every discount possible, you are throwing money away.

  • Clubs and Organizations - Being a member of a civic or occupational organization may earn a discount when buying car insurance.
  • Fewer Miles Equal More Savings - Low mileage vehicles can earn a substantially lower rate.
  • Pay Now and Pay Less - By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
  • Safety Course Discount - Successfully completing a defensive driving course could possibly earn you a 5% discount if you qualify.
  • Senior Citizens - If you qualify as a senior citizen, you may receive a small decrease in premiums.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to enroll in driver's education if offered at their school.
  • Federal Government Employee - Active or retired federal employment could cut as much as 10% off depending on your company.
  • Theft Prevention Discount - Vehicles with anti-theft systems help deter theft and earn discounts up to 10%.
  • No Charge for an Accident - A handful of insurance companies allow you one accident before your rates go up so long as you haven't had any claims for a set time period.

A little note about advertised discounts, some credits don't apply the the whole policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like adding up those discounts means a free policy, you won't be that lucky.

Save 15 percent in 15 minutes? Is it for real?

Consumers in Minnesota get pounded daily by advertisements that promise big savings from the likes of Allstate, GEICO and Progressive. All the companies have a common claim about savings if you change your coverage to them.

How can each company claim to save you money? It's all in the numbers.

Insurance companies are able to cherry pick for the type of customer that earns them a profit. For example, a profitable customer might be a mature driver, has no tickets, and has a high credit rating. Any new insured that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to save when they switch companies.

Potential customers who don't meet the requirements must pay a more expensive rate and this can result in the customer not buying. The ad wording is "customers who switch" but not "drivers who get quotes" save that much money. That's the way companies can truthfully state the savings. This illustrates why drivers should get quotes from several different companies. It's just too difficult to predict which car insurance company will have the lowest rates.

Find out more about car insurance

Even more information can be found at the Minnesota Department of Commerce website. Visitors are able to find out which companies have the most complaints, find disaster information, view a list of available companies, and discover disciplinary actions.

car insurance in Le Center

A tidy conclusion

The cheapest car insurance can be sourced both online as well as from independent agents in Le Center, and you need to price shop both to have the best rate selection. Some insurance companies don't offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

As you restructure your insurance plan, it's not a good idea to skimp on coverage in order to save money. In too many instances, an insured dropped physical damage coverage only to regret at claim time that they should have had better coverage. Your focus should be to get the best coverage possible at the best price while not skimping on critical coverages.