Free Guide to Cutting Costs on Red Wing Auto Insurance Online

Expensive auto insurance can drain your bank account and make it hard to pay other bills. Shopping your coverage around is a smart way to help make ends meet.

There are many to pick from, and even though it's nice to have a choice, it makes it harder to compare rates.

Where Can I Get Cheap Red Wing Auto Insurance?

Most major insurance companies like State Farm, Allstate and GEICO allow you to get prices for coverage directly from their websites. This process is fairly straightforward as you simply type in your required coverages as detailed in the form. Behind the scenes, the company's rating system will obtain your credit score and driving record and quotes a price. This makes comparing rates easy, but having to visit many different websites and complete many quote forms can be a bit repetitive. But it's very important to compare as many rates as possible in order to find better auto insurance pricing.

A less time-consuming method to compare auto insurance pricing uses one form that gets prices from multiple companies. The form is fast, reduces the work, and makes online quotes a lot less work. As soon as the form is sent, it is rated and you can choose any one of the returned quotes. If a lower price is quoted, it's easy to complete the application and buy the policy. The entire process takes less than 15 minutes and could lower your rates considerably.

To find out what other companies charge, click here to open in new window and input your coverage information. To compare your current rates, we recommend that you enter coverages and limits exactly as shown on your declarations page. This way, you will have a fair comparison based on similar coverages.

What determines how much you pay?

It's important that you understand some of the elements that go into determining the price you pay for auto insurance. Knowing what influences your rates allows you to make educated decisions that will entitle you to better auto insurance rates.

Listed below are a few of the "ingredients" companies use to determine prices.

Your car's features help determine rates - Purchasing a vehicle with an alarm system can get you a discount on your auto insurance. Anti-theft features such as GM's OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your car from being stolen.
Rural vs Urban Areas - Residing in a small town can save you money when insuring your vehicles. City drivers have to deal with traffic congestion and much longer commute distances. Less people living in that area means fewer accidents.
Better credit means lower rates - Having a bad credit score is a important factor in determining what you pay for auto insurance. If your credit history is lower than you'd like, you could be paying less to insure your by spending a little time repairing your credit. Drivers with high credit scores tend to file fewer claims and have better driving records than those with poor credit.
Pleasure use saves money - The more miles you rack up on your car in a year's time the higher your rate. Most companies apply a rate based on their usage. Vehicles that are left in the garage qualify for better rates than vehicles that are driven to work every day. Verify your auto insurance policy shows how each vehicle is driven.
Higher deductibles cost less - Your deductibles define the amount you are willing to pay if you file a covered claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims could be running into the backend of another car, collision with an animal, and burglary. The higher the amount you're willing to pay, the bigger discount you will receive.

These discounts can lower your rates

Car insurance companies don't always publicize every discount very clearly, so we break down both well-publicized as well as the least known auto insurance savings.

Payment Discounts - If you pay your bill all at once rather than paying monthly you can actually save on your bill.
Multiple Policy Discount - When you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
Anti-lock Brake Discount - Vehicles with anti-lock braking systems are safer to drive and therefore earn up to a 10% discount.
Discount for Life Insurance - Some companies give a discount if you purchase life insurance from them.
Own a Home - Simply owning a home may trigger a auto insurance policy discount because owning a home is proof that your finances are in order.

It's important to note that most of the big mark downs will not be given to your bottom line cost. Most cut individual premiums such as liability and collision coverage. So even though they make it sound like you could get a free auto insurance policy, you're out of luck.

For a list of insurance companies offering auto insurance discounts in Minnesota, follow this link.

Different people need different coverages

When it comes to choosing adequate coverage for your personal vehicles, there isn't really a cookie cutter policy. Everyone's needs are different so your insurance needs to address that. For instance, these questions can help discover whether you would benefit from professional advice.

Are my tools covered if they get stolen from my vehicle?
What is the difference between comprehensive and collision coverage?
Can I get a multi-policy discount for packaging my home and auto coverage?
What happens if I owe more than my vehicle is worth?
When do I need to add a new car to my policy?
Why am I required to buy high-risk coverage?
Do I qualify for additional discounts?

If you don't know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. If you don't have a local agent, complete this form or you can also visit this page to select a carrier

Additional detailed information can be found at the Minnesota Department of Commerce website. Minnesota consumers can view a list of available companies, view agent and company licensing information, find out industry alerts, and file complaints about an insurance agent or broker.

Other useful links include this page for auto insurance prices in Minnesota and this list of insurance agents in Red Wing, MN.

The best insurance company isn't always the cheapest

When buying insurance coverage, make sure you don't reduce needed coverages to save money. There have been many situations where consumers will sacrifice uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase plenty of coverage at a price you can afford while still protecting your assets.

Lower-priced auto insurance can be found online and with local Red Wing insurance agents, and you need to price shop both so you have a total pricing picture. Some insurance companies do not offer online quoting and these regional insurance providers work with independent agents.