5 Discounts Litchfield Shoppers Forget when Comparing Car Insurance

Consumers who are new to the process of buying insurance online will discover finding cut-rate Litchfield car insurance is harder than they anticipated.

It's important to compare prices occasionally since rates are constantly changing. If you had the lowest price a few years ago you can probably find a better price now. Don't believe everything you read about car insurance on the internet, so I'm going to show you some great ways to quit paying high car insurance rates.

Finding affordable coverage in Litchfield is easy if you know what you're doing. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this information. But Minnesota car owners do need to know the way insurance companies determine prices because it can help you find the best coverage.

Minnesota car insurance quotes

How much can you save with these 5 discounts?

Companies that sell car insurance don't list all their discounts very clearly, so we researched some of the more common as well as the least known car insurance savings.

  • Bundle and Save - If you insure your home and vehicles with one company you may earn up to 20% off your total premium.
  • Anti-theft Discount - Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
  • Pay Upfront and Save - If you pay your bill all at once instead of making monthly payments you could save up to 5%.
  • Organization Discounts - Belonging to a qualifying organization could qualify you for a break on car insurance.
  • Passive Restraint Discount - Factory air bags or motorized seat belts may earn rate discounts of more than 20%.

Drivers should understand that most credits do not apply to your bottom line cost. A few only apply to individual premiums such as collision or personal injury protection. So when the math indicates all the discounts add up to a free policy, companies wouldn't make money that way.

To choose companies with the best car insurance discounts in Minnesota, follow this link.

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

Car insurance companies such as GEICO, State Farm and Progressive regularly use television and radio advertisements. They all seem to say the same thing that you'll save big if you move your coverage to them. How does each company make the same claim?

All companies have a certain "appetite" for the type of customer that makes them money. For instance, a desirable insured could be a mature driver, owns a home, and has a short commute. Any new insured who fits that profile receives the best rates and is almost guaranteed to save when switching.

Potential customers who don't meet these standards will have to pay a higher premium which usually ends up with business going elsewhere. Company advertisements say "customers that switch" but not "drivers who get quotes" save that much money. That is how companies can make the claims of big savings. Because of the profiling, you should get quotes from several different companies. It's just too difficult to predict which company will fit your personal profile best.

How much car insurance do I need?

When buying the best car insurance coverage for your vehicles, there isn't really a "perfect" insurance plan. Everyone's needs are different.

For example, these questions might point out if your insurance needs would benefit from professional advice.

  • What is the difference between comprehensive and collision coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Are my tools covered if they get stolen from my vehicle?
  • Do I need special endorsements for business use of my vehicle?
  • Do I have coverage when using my vehicle for my home business?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is my vehicle covered for flood damage?

If you don't know the answers to these questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form.

For more Minnesota car insurance information

More detailed Minnesota car insurance information is located at the Minnesota Department of Commerce website. Consumers can view agent and company licensing information, read consumer alerts, and view a list of available companies.

Other informative sites include Wikipedia and this Litchfield agent directory.

Litchfield car insurance quote

Affordable insurance is out there

As you shop your coverage around, make sure you don't buy poor coverage just to save money. In many instances, an insured cut collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy enough coverage at a price you can afford.

Consumers who switch companies do it for a number of reasons such as policy non-renewal, unfair underwriting practices, policy cancellation or even questionable increases in premium. It doesn't matter what your reason, choosing a new insurance company is easier than you think.

Budget-conscious car insurance is possible from both online companies as well as from independent agents in Litchfield, and you need to price shop both to have the best rate selection. Some insurance providers don't offer online price quotes and most of the time these small, regional companies sell through independent agents.