How to Know You're Spending Too Much for Auto Insurance in Morton

Paying for high-priced auto insurance can take a big chunk out of your savings account and force you to make sacrifices. Comparison shopping is free, only takes a few minutes, and is a good way to tighten up your finances.

Numerous battle for your hard-earned dollar, and because of this it can be hard to compare and uncover the absolute lowest rate

It's important to take a look at other company's rates on a regular basis because prices are constantly changing. If you had the lowest price a few years ago the chances are good that you can find a lower rate today. You can find a lot of wrong information about auto insurance on the internet, so I'm going to show you some great ways to save money.

Policy discounts you shouldn't miss

Auto insurance companies don't list all their discounts in an easy-to-find place, so we researched both the well known as well as the least known savings tricks you should be using.

  • Sign Online - Some insurance companies may give you up to $50 for buying your policy on their website.
  • Own a Home - Owning a house in Morton can help you save on auto insurance because of the fact that having a home shows financial diligence.
  • Student Driver Training - Have your child complete a driver education course in high school.
  • Drive Less and Save - Keeping the miles down could be rewarded with discounted rates on garaged vehicles.
  • Senior Citizens - Mature drivers can possibly qualify for better auto insurance rates.
  • Pay Upfront and Save - If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.

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, collision or medical payments. So when the math indicates you would end up receiving a 100% discount, you won't be that lucky.

To see a list of companies with the best auto insurance discounts in Morton, click here to view.

Which Auto Insurance is Cheapest in Morton, Minnesota?

The are a couple different ways of comparing rates from local Morton auto insurance companies. The best method to find competitive insurance rates is to perform an online rate comparison. This can be done in several different ways.

  • The best way to get quotes for comparison is a comparison rater form (click to open form in new window). This easy form keeps you from doing separate quotes for each company. One form submission will return price quotes instantly.
  • A slightly less efficient method to shop for auto insurance online consists of visiting each individual company website and fill out their own quote form. For examples sake, let's assume you want comparison quotes from , and . You would have to take the time to go to each site to enter your coverage information, which is why the first method is more popular.

    For a list of links to companies insuring cars in Morton, click here.

It's up to you which method you use, but ensure you are comparing the exact same deductibles and coverage limits for each comparison quote. If you use different values for each quote it's impossible to determine the lowest rate in Morton. Quoting even small variations in coverages may cause a big price difference. Just remember that obtaining a wide range of quotes will increase your chances of finding better pricing.

Morton Rates are Influenced by These Factors

An important part of buying insurance is that you know the different types of things that come into play when calculating the rates you pay for auto insurance. Understanding what impacts premium levels enables informed choices that may reward you with better auto insurance rates.

The list below includes a partial list of the pieces auto insurance companies consider when setting rates.

  • Pay less if you're married - Having a wife or husband actually saves money on your policy. It means you're more responsible and it's proven that married drivers get in fewer accidents.
  • Optional equipment can affect rates - Purchasing a vehicle with an alarm system can save you a little every year. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft.
  • Sex matters - Statistics have proven that men are more aggressive behind the wheel. However, don't assume that men are worse drivers. Men and women have accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also receive more costly citations like DUI and reckless driving.
  • Where you live can impact rates - Residing in a small town can be a good thing when talking about auto insurance. Less people living in that area translates into fewer accidents as well as less vandalism and auto theft. City drivers have much more traffic to deal with and longer commute times. More time commuting means higher likelihood of an accident.
  • Consolidate policies to earn discounts - The majority of insurers will give a discount to insureds who have multiple policies with them. It's known as a multi-policy discount. Discounts can amount to five, ten or even twenty percent. Even if you're getting this discount you still need to compare rates to ensure the best deal.
  • Proper usage rating affects rates - The more you drive in a year's time the more you will pay for auto insurance. Most insurance companies charge to insure your cars based upon how you use the vehicle. Cars and trucks that are left in the garage receive lower rates compared to those used for work or business. Verify your auto insurance policy is showing the correct driver usage, because improper ratings can cost you money.

Save $429 a year? Really?

Auto insurance companies such as State Farm, GEICO and Progressive regularly use television and radio advertisements. They all seem to make an identical promise about savings if you move to their company. How do they all claim to save you money?

Different companies have a preferred profile for the driver that is profitable for them. For instance, a desirable insured might be between the ages of 30 and 50, insures multiple vehicles, and drives less than 7,500 miles a year. A customer getting a price quote who meets those qualifications is entitled to the best price and is almost guaranteed to cut their rates substantially.

Consumers who don't qualify for the "perfect" profile will have to pay higher prices and ends up with the customer not buying. The ads state "customers that switch" but not "drivers who get quotes" save that much. This is how companies can truthfully advertise the way they do. Because of the profiling, drivers must quote coverage with many companies. It's impossible to know which insurance companies will provide you with the cheapest rates.

Shop smart and save

Cheaper auto insurance is possible both online and also from your neighborhood Morton agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some auto insurance companies may not provide the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

When shopping online for auto insurance, you should never reduce coverage to reduce premium. In many cases, drivers have reduced collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage at a price you can afford.

Even more information is located at the Minnesota Department of Commerce website. Visitors are able to get help finding coverage, view a list of available companies, learn about insurance regulations, and view agent and company licensing information.