Car Insurance in Morristown Minnesota - 10 Tricks to Save Money

Nobody looks forward to buying car insurance, especially when they are paying too much. Drivers have so many to buy insurance from, and although it's nice to have multiple companies, too many choices makes it more difficult to compare rates.

Choosing the best insurance company for you in Morristown is not that difficult. If you currently have car insurance, you stand a good chance to be able to cut costs considerably using these techniques. Minnesota consumers only need to know how to shop their coverage around over the internet.

More discounts equal less premium

Auto insurance companies do not list every discount very clearly, so we researched some of the more common and also the lesser-known car insurance savings. If you're not getting every credit you qualify for, you are throwing money away.

Lower Rates for Military - Having a deployed family member may qualify for rate reductions.
Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase life insurance from them.
Distant Student - Children who are attending college and do not have access to a covered vehicle may be able to be covered for less.
Anti-theft System - Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
Homeowners Savings - Simply owning a home may trigger a car insurance policy discount due to the fact that maintaining a home shows financial diligence.
Passive Restraints - Cars that have air bags or motorized seat belts may earn rate discounts of 20% or more.
Use Seat Belts - Using a seat belt and requiring all passengers to use a seat belt could cut 10% or more off your PIP or medical payments premium.
Federal Employees - Active or retired federal employment can earn a discount up to 10% with a few car insurance companies.
Good Student - Performing well in school can save 20 to 25%. Earning this discount can benefit you well after school through age 25.

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. Some only reduce specific coverage prices like liability and collision coverage. So even though it sounds like you could get a free car insurance policy, you won't be that lucky.

It's not one size fits all

When it comes to buying the best car insurance coverage for your vehicles, there isn't really a "perfect" insurance plan. Every situation is different so your insurance needs to address that. Here are some questions about coverages that might point out if you could use an agent's help.

Am I covered when pulling a rental trailer?
Can I get a multi-policy discount for packaging my home and auto coverage?
When does my teenage driver need to be added to my policy?
What are Minnesota no-fault laws?
Do I need special endorsements for business use of my vehicle?
When do I need to add a new car to my policy?
Should I drop comprehensive coverage on older vehicles?

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. If you don't have a local agent, fill out this quick form or you can also visit this page to select a carrier It's fast, doesn't cost anything and you can get the answers you need.

Switch companies and save? Really?

Consumers get pounded daily by advertisements for cheaper car insurance from the likes of State Farm, Allstate and GEICO. They all say the same thing about savings after switching your coverage to them.

How does each company make the same claim? It's all in the numbers.

Different companies have a certain "appetite" for the type of customer that earns them a profit. For instance, a driver they prefer could be over the age of 40, owns a home, and has great credit. Any new insured who fits that profile will get very good rates and therefore will save when switching.

Potential customers who do not match these standards will be quoted higher prices which usually ends up with business going elsewhere. The ads say "customers who switch" not "everyone that quotes" save that much money. That is how companies can truthfully advertise the savings. This emphasizes why drivers should quote coverage with many companies. It's just too difficult to predict which company will fit your personal profile best.

Even more information is located at the Minnesota Department of Commerce website. Consumers can view a list of available companies, find out industry alerts, view agent and company licensing information, and read enforcement actions against agents and companies.

In the end, you save

When you buy insurance online, it's very important that you do not skimp on coverage in order to save money. There have been many situations where an insured cut collision coverage and learned later that the few dollars in savings costed them thousands. The proper strategy is to find the BEST coverage at the best price while still protecting your assets.

The cheapest car insurance can be purchased from both online companies as well as from independent agents in Morristown, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who don't offer you the ability to get quotes online and these small, regional companies work with independent agents.