Easy Tips to Cut Costs on Moose Lake Car Insurance

Are you overwhelmed by the dozens of car insurance companies in Moose Lake? Many other drivers are as well. Consumers have so many options available that it can turn into a real hassle to find the best price.

If you are insured now or need a new policy, you can learn to find better prices and still get good coverage. Shopping for the lowest cost car insurance coverage in Moose Lake is easy if you know what you're doing. Minnesota drivers only need an understanding of the best way to find the lowest price online.

Don't pay full price with these discounts

Companies do not list every discount in a way that's easy to find, so we researched some of the more common and the more hidden savings tricks you should be using. If you aren't receiving every discount possible, you are throwing money away.

  • No Accidents - Drivers with accident-free driving histories pay much less when compared to drivers who are more careless.
  • Low Mileage Discounts - Keeping the miles down could be rewarded with discounted rates on garaged vehicles.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
  • Service Members Pay Less - Being on active duty in the military can result in better rates.
  • Discount for Good Grades - Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Life Insurance - Larger companies have better rates if you take out auto and life insurance together.
  • Multiple Policy Discount - If you have multiple policies with the same insurance company you may save approximately 10% to 15%.

It's important to understand that most discount credits are not given the the whole policy. The majority will only reduce the cost of specific coverages such as comp or med pay. So when it seems like having all the discounts means you get insurance for free, it doesn't quite work that way.

The car insurance bait and switch

Consumers get pounded daily by advertisements that promise big savings by Progressive, Allstate and GEICO. They all make an identical promise of big savings if you move to their company.

How can each company make the same claim?

All the different companies are able to cherry pick for the driver that earns them a profit. For instance, a driver they prefer could be between the ages of 40 and 55, has no tickets, and drives less than 10,000 miles a year. A customer who meets those qualifications gets the lowest rates and therefore will save when they switch companies.

Potential customers who don't measure up to the requirements will be quoted higher prices and ends up with business going elsewhere. Company advertisements say "people who switch" not "everyone that quotes" save that much. That's the way insurance companies can confidently advertise the way they do. This emphasizes why you should compare many company's rates. Because you never know which car insurance company will provide you with the cheapest rates.

Find out more about car insurance

More tips and info about car insurance is located at the Minnesota Department of Commerce website. Consumers can read industry bulletins, find disaster information, and download brochures.

car insurance in Moose Lake

And the best car insurance company is...

People who switch companies do it for many reasons like high rates after DUI convictions, delays in responding to claim requests, extreme rates for teen drivers and even unfair underwriting practices. Regardless of your reason, finding the right car insurance provider is less work than it seems.

Low-cost car insurance is possible from both online companies and also from your neighborhood Moose Lake agents, so you should be comparing quotes from both so you have a total pricing picture. Some car insurance companies may not provide you the ability to get quotes online and these small, regional companies work with independent agents.

We just showed you some good ideas how you can reduce car insurance prices online. The key concept to understand is the more price quotes you have, the higher your chance of finding lower rates. Consumers may even find the lowest priced car insurance comes from an unexpected company.