Getting the Cheapest Loretto Auto Insurance

Did you fall for a flashy sales pitch and buy high-priced auto insurance? Trust us when we tell you there are a lot of people in Loretto just like you who feel imprisoned by their auto insurance policy. Big companies like State Farm, Allstate, GEICO and Progressive increase brand awareness with fancy advertisements and it can be hard to sift through the bull and do the work needed to find the best deal.

If you have a policy now or are looking for a new policy, you can follow these tips to find better prices and possibly find even better coverage. Buying car insurance in Loretto is quite easy. Minnesota drivers only need an understanding of the tricks to get comparison quotes on the web.

How to Compare Auto Insurance Quotes in Loretto, Minnesota

Cutting your Loretto auto insurance rates can be quick and easy. Just take the time comparing price quotes online from several insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  • The recommended way to get quotes for comparison is to use a rate comparison form click here to open form in new window. This method eliminates the need for repetitive form entry for each company you want a rate for. Filling out one form gets you price quotes direct from many companies.
  • A more difficult way to compare rate quotes requires a trip to the website of each company to complete their respective quote request forms. For sake of this example, let's say you want to compare rates from , and . To get each rate you have to spend time on each company's site to input your insurance information, and that's why the first method is more popular.

    To view a list of companies in Loretto, click here.
  • The least efficient method of getting rate comparisons is to drive around to local Loretto insurance agencies. Buying insurance online has reduced the need for local agents unless you have a need for the professional guidance that only a license agent can provide. You can, however, get the lowest quotes online and still use a local agent. We'll cover that shortly.

Which method you use is up to you, but ensure you are comparing exactly the same quote information on every quote you get. If each company quotes mixed coverages you will not be able to determine which rate is truly the best in Loretto.

Take advantage of discounts

Car insurance companies don't list every discount in a way that's easy to find, so here is a list both well-publicized and the harder-to-find auto insurance savings. If you aren't receiving every discount possible, you're paying more than you need to.

  • No Accidents - Drivers with accident-free driving histories can earn big discounts when compared to bad drivers.
  • Memberships - Participating in a civic or occupational organization could qualify you for a break when shopping for auto insurance.
  • Pay Now and Pay Less - If you pay your bill all at once instead of paying each month you may reduce your total bill.
  • Distant Student - Children who live away from home and don't have a car may qualify for this discount.
  • Theft Prevention Discount - Anti-theft and alarm systems help deter theft and therefore earn up to a 10% discount.
  • Multiple Cars - Insuring all your vehicles on the same auto insurance policy qualifies for this discount.
  • Discount for New Cars - Putting insurance coverage on a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.

It's important to understand that most credits do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like comp or med pay. So even though it sounds like adding up those discounts means a free policy, it doesn't quite work that way.

To see a list of insurance companies with discount auto insurance rates in Loretto, follow this link.

Learn more about Minnesota auto insurance

More tips and info about auto insurance is available at the Minnesota Department of Commerce website. Minnesota consumers can read industry bulletins, find out which companies have the most complaints, view a list of available companies, and read enforcement actions against agents and companies.