How to Know You're Paying Too Much for Car Insurance in Le Roy

I can't think of anyone who looks forward to paying for car insurance, particularly when their premiums are through the roof.

Big companies like State Farm, Allstate, GEICO and Progressive continually hit you with fancy advertisements and it is challenging if not impossible to sift through the bull and find the best price available.

If you currently have car insurance, you should be able to lower your premiums substantially using these techniques. Choosing the best insurance company for you in Le Roy is not that difficult. Although Minnesota consumers do need to know how companies sell insurance online and use this information to your advantage.

Don't pay full price with these discounts

Properly insuring your vehicles can get expensive, but companies offer discounts that you may not even be aware of. Some trigger automatically at the time of quoting, but lesser-known reductions have to be inquired about before you will receive the discount.

  • Federal Employees - Active or retired federal employment can earn a discount up to 10% with a few car insurance companies.
  • Braking Control Discount - Cars that have steering control and anti-lock brakes are safer to drive and qualify for as much as a 10% discount.
  • Passive Restraints and Air Bags - Cars that have air bags or motorized seat belts can qualify for discounts of 20% or more.
  • Payment Discounts - If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Save with a New Car - Buying coverage on a new vehicle is cheaper compared to insuring an older model.
  • No Claims - Good drivers with no accidents can save substantially when compared to drivers who are more careless.
  • Clubs and Organizations - Being a member of a civic or occupational organization could trigger savings when shopping for car insurance.

A little note about advertised discounts, many deductions do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like comp or med pay. Just because it seems like you could get a free car insurance policy, you won't be that lucky. Any amount of discount will reduce your premiums.

Your personal situation dictates your coverage

When it comes to buying adequate coverage for your vehicles, there really is not a "best" method to buy coverage. Everyone's situation is unique so this has to be addressed. Here are some questions about coverages that might point out whether or not you would benefit from an agent's advice.

  • Am I covered if I drive in a foreign country?
  • Does my insurance cover a custom paint job?
  • Should I drop comprehensive coverage on older vehicles?
  • Are my tools covered if they get stolen from my vehicle?
  • Can I still get insurance after a DUI?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I getting all the discounts available?

If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

The car insurance bait and switch

Car insurance providers like Progressive, Allstate and GEICO constantly bombard you with ads in print and on television. They all make the same claim about savings if you switch your policy. How can each company claim to save you money? This is how they do it.

Different companies have a certain "appetite" for the right customer that earns them a profit. For example, a driver they prefer might be between 25 and 40, owns a home, and has great credit. Any new insured who matches those parameters will qualify for the lowest rates and therefore will save when they switch companies.

Potential insureds who don't measure up to the requirements will be quoted more money which leads to the customer not buying. The ad wording is "drivers who switch" not "everyone that quotes" save that kind of money. That is how companies can truthfully advertise the savings.

This emphasizes why you should get as many quotes as possible. It's just too difficult to predict which company will fit your personal profile best.

Additional information can be found on the website for the Minnesota Department of Commerce. Click here for link. Visitors are able to download brochures, find out industry alerts, view a list of available companies, and read industry bulletins.

Le Roy car insurance quote

The best insurance company isn't always the cheapest

When you buy insurance online, it's not a good idea to buy lower coverage limits just to save a few bucks. There are too many instances where an insured cut uninsured motorist or liability limits only to regret that the few dollars in savings costed them thousands. Your strategy should be to get the best coverage possible for the lowest price while still protecting your assets.

We just covered many ideas to reduce car insurance prices online. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with a smaller regional carrier. Regional companies may cover specific market segments cheaper as compared to the big name companies such as .