Easy Methods to Spend Less on Montrose Car Insurance

Finding affordable Montrose car insurance on the web is rather challenging for consumers not familiar with comparison shopping online. When there are so many companies in the marketplace, how can consumers have a chance to compare every company to locate the cheapest available price?

Understand what determines the rate you pay

Consumers need to have an understanding of the rating factors that help determine the rates you pay for car insurance. When you know what positively or negatively impacts premium levels helps enable you to make changes that could result in much lower annual insurance costs.

The following are some of the items that factor into premiums.

  • Don't get talked into coverage you don't need - There are a ton of add-on coverages that you can get tricked into buying when buying car insurance. Things like rental car reimbursement, accidental death and membership fees may be wasting your money. These may sound like a good investment when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Discounts for married couples - Getting married can get you a discount on your car insurance policy. Having a spouse usually means you are more responsible and it's proven that married drivers get in fewer accidents.
  • Where you live can impact rates - Residing in small towns and rural areas is a positive aspect when talking about car insurance. Drivers in populated areas regularly have more traffic problems and a longer drive to work. Less people living in that area means reduced accidents and a lower car theft rate.
  • Bad driving skills means higher rates - Drivers with clean records have lower premiums compared to drivers with tickets. Only having one moving violation may increase your cost by as much as thirty percent. Drivers with flagrant tickets such as hit and run, DWI or reckless driving convictions are required to submit a SR-22 form to the state department of motor vehicles in order to keep their license.
  • Do men or women drive better? - Statistics have proven women tend to be less risk to insure than men. However, this does not mean men are WORSE drivers than women. Both sexes are in accidents at a similar rate, but the male of the species have costlier accidents. Men also tend to have more aggressive citations like DUI and reckless driving. Youthful male drivers are most likely to cause an accident and are penalized with high car insurance rates.
  • Do you have a high stress job? - Did you know your occupation can influence how much you pay for car insurance? Occupations such as real estate brokers, executives and stock brokers are shown to have the highest rates because of high stress levels and long work days. On the other hand, occupations such as pilots, students and performers pay the least.

car insurance in Montrose

Are you getting all your discounts?

Companies that sell car insurance don't list all available discounts very well, so the following is a list of both the well known as well as the least known ways to save on car insurance.

  • Fewer Miles Equal More Savings - Fewer annual miles could qualify for better rates on cars that stay parked.
  • Accident Waiver - Some insurance companies will forgive one accident before hitting you with a surcharge so long as you haven't had any claims for a set time period.
  • Auto/Home Discount - If you insure your home and vehicles with one insurance company you could get a discount of at least 10% off all policies.
  • Good Student Discount - This discount can earn a discount of 20% or more. The good student discount can last well after school through age 25.
  • Senior Citizens - If you're over the age of 55, you may be able to get a discount up to 10%.
  • No Claims - Drivers who don't have accidents pay less when compared with accident-prone drivers.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Most only apply to individual premiums such as liability and collision coverage. Just because you may think all the discounts add up to a free policy, you won't be that lucky.

To choose insurers who offer car insurance discounts in Minnesota, click this link.

How can 21st Century, Allstate and State Farm save drivers who switch?

21st Century, Allstate and State Farm continually stream ads on television and other media. All the companies make the same claim about savings after switching your policy. But how can every company claim to save you money?

Insurance companies have a preferred profile for the right customer that makes them money. A good example of a profitable customer might be between 25 and 40, insures multiple vehicles, and has great credit. Any driver who matches those parameters is entitled to the best price and as a result will probably save a lot of money.

Consumers who are not a match for this ideal profile must pay higher rates which leads to the customer not buying. The ads state "customers that switch" not "everybody who quotes" save that kind of money. This is how companies can truthfully advertise the savings. This illustrates why you should get quotes from several different companies. You cannot predict which insurance companies will give you the biggest savings.

For more Minnesota car insurance information

Even more information can be read at the Minnesota Department of Commerce website. Visitors are able to discover disciplinary actions, get help finding coverage, and view agent and company licensing information.

Other informative sites include this resource for Minnesota car insurance prices and this page of Montrose insurance agents.

The best insurance company isn't always the cheapest

Cheaper car insurance can be purchased both online in addition to many Montrose insurance agents, so you should compare both to get a complete price analysis. There are still a few companies who do not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

As you prepare to switch companies, don't be tempted to buy poor coverage just to save money. There are a lot of situations where drivers have reduced full coverage and found out when filing a claim that the small savings ended up costing them much more. The proper strategy is to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

Insureds change insurance companies for a number of reasons such as delays in responding to claim requests, an unsatisfactory settlement offer, policy non-renewal or even poor customer service. Regardless of your reason for switching companies, choosing a new insurance company is easier than you think.